I'll say this, when I actually used bitcoin I was never happy about the slow times to transfer coins. The constant fees being charged to covert to other coins. I won't talk about the money I lost at mt. gox but luckily I made money with NXT coin to make up for that loss.
I felt like I was constantly paying fees to exchange sites.
I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.
I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.
None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.
I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.
Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.
I felt like I was constantly paying fees to exchange sites.
I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.
I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.
None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.
I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.
Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.
I like the open baazar idea, haven't kept up with the latest information.
However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.
For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.
Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,
Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.
However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.
For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.
Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,
Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.
You really sound like a paid shill account. And that is weird because you are here since 2011.