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Title: Is there a way to lock a payment amount into a transaction Post by: 3piecechickendinner on October 04, 2017, 11:10:47 PM Well, i hope i asked that correctly..Basically...If I want to issue you lets say $350 on a particular blockchain and have that converted to bitcoins, but i dont want the value of it to rise or fall. Is this possible?
Title: Re: Is there a way to lock a payment amount into a transaction Post by: knightfalcon on October 04, 2017, 11:18:37 PM Well, i hope i asked that correctly..Basically...If I want to issue you lets say $350 on a particular blockchain and have that converted to bitcoins, but i dont want the value of it to rise or fall. Is this possible? No it is not possible because bitcoin always fluctuate. What you can only do is to have an screenshot of your payment during transaction and send it to a person whom you transact.Title: Re: Is there a way to lock a payment amount into a transaction Post by: 3piecechickendinner on October 04, 2017, 11:36:23 PM have you heard of block.gyft? they are demonstrating what i am talking about...its essentially using bitcoins without the customer knowing and the price is not fluctuating
Title: Re: Is there a way to lock a payment amount into a transaction Post by: aryaadikariyansyahsuwarto on October 05, 2017, 12:06:26 AM it is impossible, because in the digital money world, its value is always up and down whenever it is, do not know the time, (remember this bitcoin is fluctuating). So do not expect you can memboking price, because we do not know the future will be like, whether we will profit or even the opposite, so prepare it.
Title: Re: Is there a way to lock a payment amount into a transaction Post by: kriptotr on October 05, 2017, 12:12:41 AM Well, i hope i asked that correctly..Basically...If I want to issue you lets say $350 on a particular blockchain and have that converted to bitcoins, but i dont want the value of it to rise or fall. Is this possible? You can try hedging. To understand what I mean, make a quick research on this please. It's a simple thing. You open an opposite position in the market, so that you make your value constant at that time you opened the position. Title: Re: Is there a way to lock a payment amount into a transaction Post by: thisappointed on October 05, 2017, 01:25:08 AM Well, i hope i asked that correctly..Basically...If I want to issue you lets say $350 on a particular blockchain and have that converted to bitcoins, but i dont want the value of it to rise or fall. Is this possible? You can try hedging. To understand what I mean, make a quick research on this please. It's a simple thing. You open an opposite position in the market, so that you make your value constant at that time you opened the position. It is bitcoin, mate, no matter what you do, it will keep on increasing and increasing day by day. If you don't rrally want it to increase, then don't convert it to bitcoin, just keep it in fiat, so in that way, what you want could possibly happen. It is just impossible what you wanted to happen since we are talking about bitcoin to the point I don't know what to say. |