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Topic: Would u pay in bitcoin? - page 4. (Read 8968 times)

newbie
Activity: 53
Merit: 0
September 01, 2014, 09:22:50 PM
i am using bitcoin already
full member
Activity: 123
Merit: 100
September 01, 2014, 04:03:55 PM
Of course yes, if the discount/the price is very big  Grin
If the discount very small/the item price is mall, i will use fiat

But if i already have wallet & enough bitcoin, i will use bitcoin  Cheesy
And this case is not usually happen
I think this is what will drive the adoption of bitcoin to the masses. Since merchants have lower costs associated with processing bitcoin related payments, they will be able to pass along these savings onto their customers.
full member
Activity: 141
Merit: 100
777Coin.com★ Fun BTC Casino!
September 01, 2014, 03:49:09 PM
My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?


Interestingly enough Newegg has a promotion for Bitcoin going on right now that is testing that theory out
If you buy an Xbox One using newegg for 399.99 and get 50 dollars off its 349.99 + 20 dollars for shipping and that can't be beat anywhere else as it is a fixed price item.
By the same token if they bought 500 dollars of merchandize they would get to spend another 100 dollars and get 150 dollars off a 500 dollar purchase.
So 350+40 for shipping is = 390 dollars still cheaper than what they would get an Xbox for in the Store + They get a 100 dollar item basically free.

So in my opinion some people would do it if they find something they want, especially if its a fixed price item and they can still save more money and get more stuff than if they went to a Walmart to check it out Smiley.

When you have these levels of savings, anyone that is looking to buy something that is also sold on newegg would be crazy not to take up this offer. You could simply buy more bitcoin on an exchange in the amount that the item retails for and end up with more bitcoin then what you started with.
newbie
Activity: 28
Merit: 0
September 01, 2014, 01:00:25 PM
No, because I am unable to at least own 1 BTC. Once I have 1BTC in savings, i can spend some.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
August 31, 2014, 05:35:26 AM
My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?


Interestingly enough Newegg has a promotion for Bitcoin going on right now that is testing that theory out
If you buy an Xbox One using newegg for 399.99 and get 50 dollars off its 349.99 + 20 dollars for shipping and that can't be beat anywhere else as it is a fixed price item.
By the same token if they bought 500 dollars of merchandize they would get to spend another 100 dollars and get 150 dollars off a 500 dollar purchase.
So 350+40 for shipping is = 390 dollars still cheaper than what they would get an Xbox for in the Store + They get a 100 dollar item basically free.

So in my opinion some people would do it if they find something they want, especially if its a fixed price item and they can still save more money and get more stuff than if they went to a Walmart to check it out Smiley.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
August 31, 2014, 05:23:39 AM
Of course yes, if the discount/the price is very big  Grin
If the discount very small/the item price is mall, i will use fiat

But if i already have wallet & enough bitcoin, i will use bitcoin  Cheesy
And this case is not usually happen
member
Activity: 115
Merit: 10
August 31, 2014, 12:59:04 AM
I would pay at a premium, and be paid at a discount for Bitcoin.
Best options for a pinchpenny  Smiley

member
Activity: 84
Merit: 10
August 30, 2014, 11:29:40 PM
I would pay with bitcoin on some occasions.
Once BTC completely stabilizes I would be more than willing to pay with BTC.

Currently I just use BTC to quickly send transactions with no fees.
Nothing big really.
hero member
Activity: 588
Merit: 500
August 30, 2014, 11:28:07 PM
sometimes when we buy any item with bitcoin, there are a lot of discount we can get, as example if we buy laptop or gadget, we can get discount until 20%. If this is continues, maybe I will always paying anything with bitcoin, hopefully this is always happen when we shop ...
Up to 20%? Are you sure? I didn't realize that the margins on laptops was so high.  Smiley

Someone just posted in another thread that Newegg is giving 30% discount on orders above 500$ paid in bitcoin.  Not confirmed but not denied either.

A good free-market capitalist should buy all their stock with bitcoin and then sell it on eBay with a 25% markup.  Cheesy

Unless their plain (non-discounted) price already is 35% over the rest of the market, of course.  Grin

Well, if it was happening a couple days ago, it doesn't seem to be happening now. I just tried to order a desktop PC. It actually applied a 20% discount before choosing payment method. After choosing bitcoin as a payment method, the amount did not change.

This could very well be a glitch with they shopping cart software. AFAIK their official offer is $75 off orders $300 or more when paying with bitcoin. So any other scenario would mean that the customer is potentially liable for this difference if they don't pay in bitcoin (maybe the discount would be removed if you choose a payment method other then bitcoin).
hero member
Activity: 910
Merit: 1003
August 30, 2014, 05:02:20 PM
Well, if [ 30% discount for bitcoin purchases ] was happening a couple days ago, it doesn't seem to be happening now. I just tried to order a desktop PC. It actually applied a 20% discount before choosing payment method. After choosing bitcoin as a payment method, the amount did not change.

Thanks!  Sorry, but that was what people claimed in some other thread.  I gave googled it now, it was/is just a 2-day-only offer, 75$ for purchases over 300$, or 150% for purchases over 500$:
http://www.newegg.com/global/uk/Info/NewsroomDetail.aspx?ID=1354&Type=3

Thus the max discount was 30% if you buy exactly 500$, less for other amounts.  If their "normal" discount is 20% then it is not that impressive.

Still, I would like to know who was picking up the tab of that discount: Newegg or Bitpay?
newbie
Activity: 28
Merit: 0
August 30, 2014, 04:39:14 PM
I pay in bitcoin all the time, but that's because I am a trader, and spending in bitcoin is the principle way that I cash out my gains. If I weren't a trader, would I buy BTC to spend? No. But I might buy BTC to invest and spend down the road, if I were that type of investor.
hero member
Activity: 714
Merit: 662
August 30, 2014, 03:55:21 PM
I would pay at a premium, and be paid at a discount for Bitcoin.
hero member
Activity: 504
Merit: 500
August 30, 2014, 03:24:13 PM
sometimes when we buy any item with bitcoin, there are a lot of discount we can get, as example if we buy laptop or gadget, we can get discount until 20%. If this is continues, maybe I will always paying anything with bitcoin, hopefully this is always happen when we shop ...
Up to 20%? Are you sure? I didn't realize that the margins on laptops was so high.  Smiley

Someone just posted in another thread that Newegg is giving 30% discount on orders above 500$ paid in bitcoin.  Not confirmed but not denied either.

A good free-market capitalist should buy all their stock with bitcoin and then sell it on eBay with a 25% markup.  Cheesy

Unless their plain (non-discounted) price already is 35% over the rest of the market, of course.  Grin

Well, if it was happening a couple days ago, it doesn't seem to be happening now. I just tried to order a desktop PC. It actually applied a 20% discount before choosing payment method. After choosing bitcoin as a payment method, the amount did not change.
newbie
Activity: 28
Merit: 0
August 30, 2014, 03:24:02 PM
I would pay for sure in bitcoin, in this way I support the currency and maybe increase its adoption.
hero member
Activity: 882
Merit: 595
August 30, 2014, 03:09:39 PM
for me
yes i would pay in bitcoin because for now i have much bitcoin.
sr. member
Activity: 392
Merit: 250
August 30, 2014, 03:01:22 PM
depends if the sale of a limited edition item, maybe I can use my real money to buy it
because if I use bitcoin I should make my wallet and buy from the exchange
not to mention my bitcoin processing time thus making the goods sold out
newbie
Activity: 42
Merit: 0
August 30, 2014, 02:25:44 PM
The fact that transactions are irreversible is still an advantage but also an disvantage when using btc to pay things in real life.
newbie
Activity: 57
Merit: 0
August 30, 2014, 11:20:09 AM
I already bought some small thing with bitcoins, its not big issue to pay through bitcon.
hero member
Activity: 588
Merit: 500
August 29, 2014, 11:54:39 PM
sometimes when we buy any item with bitcoin, there are a lot of discount we can get, as example if we buy laptop or gadget, we can get discount until 20%. If this is continues, maybe I will always paying anything with bitcoin, hopefully this is always happen when we shop ...
I would like to know who is paying for those discounts.  The merchant, because he likes bitcoins?  Bitpay, to attract new customers?
If the discount is 20% then the merchant would be paying for it. They would offer this level of a discount to attract additional customer they would not otherwise be able to get to buy from them. They would likely be hoping to get people who would otherwise be holding bitcoin to spend some of their bitcoin at their store. Their margins would likely be large enough so these sales would not be money losers.

If the discount is closer to 4 or 5% then the credit card companies would essentially be paying for this discount. This would be reflective of the cost that it would cost merchants to accept credit cards plus the cost of chargebacks that merchants have to bear.
newbie
Activity: 28
Merit: 0
August 29, 2014, 01:40:53 PM
I'm not buying anything with bitcoins untill they will gain a stable price.
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