Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: commandrix on November 16, 2015, 01:25:58 AM



Title: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: commandrix on November 16, 2015, 01:25:58 AM
Basically, what do you guys think?


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: tokeweed on November 16, 2015, 02:11:40 AM
No to all.  Unless the altcoin has good volume making it easy to do a market sell.  Else, you get trapped.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: alrachid on November 16, 2015, 08:45:42 PM
No because it would make me think that there is something fishy about the coin. I would assume that the one giving me the discount probably has a stockpile of coins, or has a plan to be able to get rich quick. I mean come on, that's what a lot of these coins are about, and it's sad.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: commandrix on November 16, 2015, 11:52:35 PM
No because it would make me think that there is something fishy about the coin. I would assume that the one giving me the discount probably has a stockpile of coins, or has a plan to be able to get rich quick. I mean come on, that's what a lot of these coins are about, and it's sad.

I suppose that's a valid way of looking at it. But I could also see this as a kind of branding thing where, say, if somebody sold science hobby kits for children, they could offer 15% off for people who want to pay with Orbitcoin. It doesn't matter if they dump the Orbitcoin right away, whatever, they're just tying in with Orbitcoin and its stated purpose of supporting science for a cute little promo.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: eddie13 on November 16, 2015, 11:54:22 PM
Yeah, especially if I happened to be bagholding that particular coin at the time..


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: CoinHoarder on November 17, 2015, 12:45:57 AM
If only I get the discount, then sure because I can just sell it at a profit.

If everyone can get the discount, then no because that will be built into the price already.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: iGotSpots on November 17, 2015, 02:32:29 AM
Wow. Stupid people in this thread don't even understand the question lol


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: HeroCat on November 17, 2015, 02:11:39 PM
Yes, if I can get good discount, then why not to buy with altcoins ? BTC/Altcoin instant exchanges works quite good  ;D


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: BTCBinary on November 17, 2015, 02:41:30 PM
Depending on the Altcoin I would be pretty much inerested in buying it with a nice discount. If I could get some LTC and ETH at less 30% I would imediately buy them


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: shanem on November 17, 2015, 03:22:12 PM
It depends on the liqudity of the altcoin. The altcoin will most likely be illiquid when this happens. It is very easy to transfer an altcoin to any exchange, why would someone sell to you rather to any exchange at the market price? The answer will be low liquidity for the coin.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: tyz on November 17, 2015, 07:28:24 PM
it depends. but usually no. i can not image to buy an altcoin only because a discount. i buy results by different factors.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: doriangray on November 17, 2015, 11:16:29 PM
Only if the altcoin is popular with high market cap. I would be gladly buy it at discounted price.


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: cryptohunter on November 18, 2015, 05:34:40 PM
so many factors...

the level of discount
the ease to get the alt - costs/time involved in obtaining

etc etc

but yes if it was worth the time and effort


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: nejibens on November 18, 2015, 05:55:20 PM
That's depending in the discount rate and in how much altcoins i have..

But if it's enough i could likely buy with altcoins no problem for me


Title: Re: Would you be more likely to buy with an altcoin if you could get a discount?
Post by: hasiramasenju on November 18, 2015, 05:59:01 PM
it depend which altcoin will get a discount if altcoin with the low volume market i wouldn't buy it even though these altcoin offered large discounts