You need to remember. paypal is a company, BTC is a currency system. Paypal is simply facilitating fiat money transfer. I run a ebay store and my last invoice was $900AUD, for around $4k gross sales. I only made around $1000 profit, so, my fees were equal to the same amount of my profit. Literally half my money.  Thats why people need ot think into new ways to keep and sell their products, soo if you had made those trade with bitcoins you would pay something like 50 dollars, maybe and be able to get 1850AUD as profit, did you consider to try to sell with bitcoin into another place? Bitcoin, is a crytocurrency. It is to confusing for regular people to understand / use as a form of trading goods. eBay is easily accessible, people in most countries are able to use it with ease with paypal and link there credit card and make purchases without any problems. Once again...Bitcoin is a CUREENCY, not a system / business / auction site. Ebay is simply facilitating the trading of goods and services for money. You cannot say if i made those trades i would pay less, because ebay decides the tax rate for there business model. They have protection in place for buyers / sellers (usually buyers, sellers get fucked in the ass) so that is how they justify these high rates. And they have built there business over the years, eBay is a trademark which you can walk into another country and say the word and they will know it, much like Coke or Pokemon, its a brand. That is right. The ideal situation would be that the Paypal integrates the bitcoin in its payment system and people can use the Ebay. |
|
|
|
i am prefered investment
i want my money is always growth so is can pasive income for me,saving in my bank only result my job online and offline
It is anyway better to invest instead of saving in bank. if you save your money in bitcoin. it could be still considered as a profitable saving. but saving in fiat is not beneficial at all. Save your money in bitcoin and get profit in future. or invest your money somewhere if you want to be in profit.(of course you need to find something legit to invest) I agree that its profitable to invest your money in bitcoin because if the price goes up you can earn though it wont be any soon atleast there is a chance, so instead of storing it in bank i will try to invest in btc. That is the right thing to do as interest paid by banks is too low, instead the money should be put in bitcoins as it will make your money grow and you can sell anytime when you see higher price. I will just buy some bitcoins and hold them for the long term. The price rise of the bitcoin will be more than the fiat interest. |
|
|
|
i see fees like that for first time actually as usually i paid like 8-10% fees and that's it, strange that you had to pay 15% which is really a lot
If the total sales value is higher, the percentage fee is lower as the fee is fixed value + percentage for most trades. |
|
|
|
Better it's invest i guess, cause with investing your money may you will make money be better. But you still things be sure for invest or not. make it's better when chance happens. Goodluck Buddy.
before we invest our money, we must re-search about his working, how the investmen working, because 90% investmen place use ponzi scheme, so if no "new investor" you can't get paid, then scam. If you own the bitcoin, there is no need to worry about growing your bitcoin as its price will rise in the future. |
|
|
|
IT is not very strange that ebay and paypoal are putting fees on the price when you buy or sell something because they can have a big risk
When you pay them with the bitcoins the bitcoin can drop so they need to make sure they have a little percentage to win.
I just hope when the Ebay/Paypal accept the bitcoin, the market cap of the bitcoin is big enough, so the price is less volatile. |
|
|
|
Why do you think ebay and paypal has such a ridiculous fee not because they want you to pay. They also want to earn money also for big companys is just a couple of cents enough they also want more. So dont blame on them everybody wants to make money.
Ok PAypal/ Ebay makes their money from the fees they charge but in bitcoin there is no fee and it is better for the consumers to trade with bitcoins rather than paypal. Since Paypal/Ebay has now competition with bitcoins, they not only have to reduce their fee but also need to improve their services. Yes, they dont make any/little money off of using btc so how is it fair to them, they make no money we get no products simple as that we cannot batter at them for not getting a little bit of money for their services. They are starting to have ridiculous fees though it is getting way too high. Why cannot Paypal charge the customers if they use bitcoin. There should be no difference beween using fiat or bitcoin. |
|
|
|
This is why I love bitcoin. 13.2%  Ouch !! What did I break? But that fee includes the Ebay fee of 10%. That is something you have to pay regardless you use bitcoin or not. |
|
|
|
It can happen when the halving is coming in because that will drop the price again. This is going to be good for the people that were waiting for the time to buy coins again. You will not have to wait long anymore it will happen soon.
I think the halving won't reduce the btc price, the value could be between 450-500$ after halving or grow around 600$ if we're lucky The bitcoin price just rose to 470 dollars. That could be a good sign. Maybe the big whales have enough coins. |
|
|
|
Investing is way better now because the fact is that the price is now still pretty low and this will change very soon.
I even think it will change at the end of this month.
I also think the bitcoin price is very low at the moment. It will rise to all time high in 12 months. |
|
|
|
I am buying pull backs in the currernt rally.
I thank that as long a bitcoin remains legal, there is a pretty bullish case for it.
I will buy when the price drop below $450 again. It is the last chance to buy below $450 in the medium term. I will buy around the 400, but i am positive the price will go towards 350 this year. Perhaps at the end but it won't be all sunshine. Remember we are talking about bitcoin. You might not see the price of $400 in the medium term. But if you put a limit order there, you might get it during a crash. |
|
|
|
Price looks stable at 400 USD and its been like that for weeks now. There must be a very good reason why it will have a sudden drop to below 400 USD just like what happened last year for for now lets just enjoy it while its at 400 USD
I think the bitcoin is in the consolidation phase after it rose from $200 last year. It will rise again later this year. |
|
|
|
I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???
price falls down now but because of dump i think, like always, pump and dump, i don't think that it will create a huge panic wave so price would fall to 250$ or even less, people won't be so dump and they won't sell their coins now I think the price is quite stable. If it drops 2-5%, or rise several percent, there is no need to worry the price action. |
|
|
|
Ebay does charge way too much. What a rip off.
Will the decentralized OpenBarzza charge less fee? |
|
|
|
ETH will overtake BTC mc this year.
I do not think so. It might take over bitcoin in a few years if the bitcoin does not develop properly and there is big conflict in the community. |
|
|
|
I would love just to have the 2.1 bitcoins. Some of us have a long way to go.
2.1 bitcoin is just a good starting point. I would like to join the 1 million club. When I become one, I will be very proud. |
|
|
|
|
As time moves on, it is very difficult to be in the million club. If you want to be in, you have to be very quick.
|
|
|
|
The hashing power has dropped a lot since the price drop. It is very elastic to the bitcoin price.
there was another increase of around 10%, it was 103B now 113B, i would say that an average of 10% per month, is what is expected until the next value increase More like 20% increase a month. Although the current cycle indicates less than 10% increase, prolly due to Bitmain shipping delayed until Jan 20th. so the average must be 15% then, miners will not add more unit if they see the price tanking, that's is sure Prices are getting lower and that is because people are getting out of the mining industry. But despite of this, Bitmain/ASICS still keep on selling new hardware. Which will keep on increasing the difficulty as we head towards the bitcoin halving. Less demands and high supply brings the prices further down. The supply will be lowered after the halving, but will the demand rises at that time? The bitcoin network cannot cope with 7 transactions per second. |
|
|
|
I make a profit with my kncminer titan, which goes for a bit more than 800 euro right now, but keep your eye out you can get them cheap from time to time.
Do you mean the total profit you have made from the kncminer? How much did you pay for the miner and your electricity price? |
|
|
|
A goal to aim for  . 21 coins thats a big amount of money. It will take some years to archieve. It's 8967$ at the current price. It could be achieved in a year if you use a part of your salary.  I think it is possible to get 21 bitcoins this year with $10000. It will not be possible next year as the price will rise a lot. |
|
|
|
|
The difficulty has jumped 40% over the last 40 days. The hash rate is 780P at the moment. That is a jump from a big base.
|
|
|
|
|
Show Posts
