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Just checked my charge again. $37.30 to be exact.
But 7% would make sense in that our sales tax is 7%.
So by taking cash they have no paper trail. With a credit card they eat the CC fee and charge you sales tax.
I have noticed a few more gas stations charging based upon credit card or cash.
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I went Kayaking the other day and rented a kayak.
The charge was $35. But they said "if you're going to use a credit card we charge extra". I used my credit card and they charged $37.50.
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Ok, it is not all that spectacular since I am selling my truck to my mother but...
I told her that if she is going to buy it she has to pay me in bitcoins.
This is mainly to help her learn how to convert her dollars to bitcoins to help her get her feet wet.
Plus the usefulness of Bitcoin comes into play here. I will be out of the country with no access to a bank. She cannot send me a check. She would have to either go to my bank and deposit into my account or attempt some sort of wire transfer or come up with some other difficult way to pay me (or expensive using PayPal).
why how does your mom have bitcoin? Are you making her buy the coins off mtgox and then she can buy your car with it this is your MOM, why! why, would you do this to her  I could care less if other people use Bitcoin. They will eventually, it is just a matter of when will the technology make it as simple as paypal to switch over. Until then, I am content in buying Bitcoin cheap while it still takes a bit of effort to get set up initially. But I care about my family and want them to benefit as well. If I can show my mom how to get Bitcoin so that after that initial transaction she knows how to easily transfer money from her bank account, then she will be able to do so at her leisure from then on and enjoy the benefits that come along with it. She used to not understand text messaging on her cell phone (she called it a "tex mex"). Now she is on her iPhone almost constantly. |
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Your mother spent money and time raising you and you made her buy your truck  What a terrible son you must be!  Well, actually I was just going to drop it off at CarMax and get a check but she wanted it. I told her she could just have it but she insists on paying for it. |
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You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
http://pizzaforcoins.comCool I always wanted to pay a large fee so someone else could order from dominos with their credit card instead of just using my credit card because ? Keeping cash reserves in a currency losing value to buy that pizza just cost you double the cost of the pizza. You dont have a cash reserve when you use a credit, I'm buying that Pizza with debt which I will pay for with money that I made at my job. Left over savings are invested wisely to counteract the effects of inflation. P.S. USD inflation is incredibly low and I dont have to worry about prices going from $30 to $5 overnight. USD just lost 20% of its value in the past week. btw...welcome to the forums, enjoy learning about Bitcoins Give me a source, I want charts.  |
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You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
http://pizzaforcoins.comEnough with this pizza bullshit. Ok we get it you can buy pizza. What are you all fucking diabetics? Apparently a currency is only worth something if you can buy food with it. |
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You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
http://pizzaforcoins.comCool I always wanted to pay a large fee so someone else could order from dominos with their credit card instead of just using my credit card because ? Keeping cash reserves in a currency losing value to buy that pizza just cost you double the cost of the pizza. You dont have a cash reserve when you use a credit, I'm buying that Pizza with debt which I will pay for with money that I made at my job. Left over savings are invested wisely to counteract the effects of inflation. P.S. USD inflation is incredibly low and I dont have to worry about prices going from $30 to $5 overnight. USD just lost 20% of its value in the past week. btw...welcome to the forums, enjoy learning about Bitcoins |
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Have fun explaining this to your mom when MtGox gets "hacked" and her passport and personal information are all over the internet.
P.S. a Bank deposit would be much simpler but I guess you need to teach your poor mom a lesson instead of being grateful that she is doing you a favor.
Not when the closest branch for my bank is hundreds of miles away from where she lives. |
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You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
http://pizzaforcoins.comCool I always wanted to pay a large fee so someone else could order from dominos with their credit card instead of just using my credit card because ? Keeping cash reserves in a currency losing value to buy that pizza just cost you double the cost of the pizza. |
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You cant buy anything with BTC, it's only valuable because people can cash it out to fiat once the transaction is done with and can pay their rent/buy food, etc
http://pizzaforcoins.com |
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Ok, it is not all that spectacular since I am selling my truck to my mother but...
I told her that if she is going to buy it she has to pay me in bitcoins.
This is mainly to help her learn how to convert her dollars to bitcoins to help her get her feet wet.
Plus the usefulness of Bitcoin comes into play here. I will be out of the country with no access to a bank. She cannot send me a check. She would have to either go to my bank and deposit into my account or attempt some sort of wire transfer or come up with some other difficult way to pay me (or expensive using PayPal).
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You could run the full economy of a small country with a couple hundred BTC.
People hoarding would have no affect on your ability to make a purchase using Bitcoin.
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Blogspot is ranked higher than Wordpress on Alexa.
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Gold is so old school...Manganese is the new commodity. Get it now while you still can.
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Great job guys.
I will certainly try this the next time I need to fill my Etisalat phone with minutes.
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Oh Fudge.  |
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I did notice that there was delivery to armed forces in different parts of the world but was wondering if that meant it sends to APO addresses.
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My hope is that Bitcoin will go lower for the next few months when I can finally buy again starting around February when I should have some more money again to buy. So...buy now...it'll probably go way up. Then in February another downtrend will begin.  Well, it looks like it went way up. It is February, I just bought $3k worth and am waiting on Dwolla for another $2k. As per my luck, a crash after I purchase it over $25. |
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This is quite cool.
Well done.
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