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Author Topic: Would you buy dried fruit for bitcoin?  (Read 1532 times)
Jace
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April 26, 2013, 12:25:23 PM
 #21

I will not. Because bitcoin transaction takes some time to confirmed
Huh
That is entirely up to the seller, he can decide how much confirmations are necessary before processing your order. For something like dried fruit, I'd say zero confirmations would suffice. Just the appearance of the tx in the network is enough (plus not seeing other pending transactions from the same address beyond its current balance). Successfully pulling off a double spend would effectively cost way more than some dried fruit.

Quote
and I do not want to spend too much on transaction fees to buy dried food. Maybe something else more in value...
Huh
YOU decide how much transaction fee you want to pay. Transactions with fees as low as 0.00001 BTC are processed pretty much instantly. And lower (or even free) also works fine, although that may take a few blocks before getting included.

And besides, got any idea how ridiculously expensive the current transaction fees are with paypal, credit cards, and wire transfers? They're like 1000x as expensive, compared to Bitcoin.

Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
CryptoUser01
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April 26, 2013, 01:15:36 PM
 #22

I'm not opposed to dried fruit but BTC is slow for in person transactions. I don't think I'd buy many food products over the Internet. But I'd love to pay for in person products with a fast mobile payment system that is secure. CryptoCurrencies have that potential market--they just have to pin it down. They have the Internet market because we don't really care if it takes an hour for 6 verifications. We just care that it happens soon enough so product can be shipped timely.
Jace
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April 26, 2013, 02:32:13 PM
 #23

I'm not opposed to dried fruit but BTC is slow for in person transactions.
Again:
That is entirely up to the seller, he can decide how much confirmations are necessary before processing your order. For something like dried fruit, I'd say zero confirmations would suffice. Just the appearance of the tx in the network is enough (plus not seeing other pending transactions from the same address beyond its current balance). Successfully pulling off a double spend would effectively cost way more than some dried fruit.

Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
Turks
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April 26, 2013, 02:35:47 PM
 #24

I'd probably be more interested in buying some beef jerky.

Who doesn't love beef jerky?
bobbyb
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April 26, 2013, 06:46:15 PM
 #25

No, I prefer fresh fruits.
morthandeus
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April 26, 2013, 07:21:09 PM
 #26

Would anyone be interested in buying home made dried apple/banana/strawberry/pineapple chips for Bitcoin?

I probably would not buy over the net, but if my local greengrocers accepted Bitcoin that's how I would pay them.
sergei1976rus
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April 26, 2013, 07:31:20 PM
 #27

no but maybe some other type of specialty food
honkeylips
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April 26, 2013, 08:10:40 PM
 #28

yeah i would totally go for it.. btc is the way to go baby!
townf
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April 26, 2013, 08:16:33 PM
 #29

I'd buy everything with BTC if i could get paid in BTC, otherwise I would run out rather quickly
BitshireHashaway
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April 26, 2013, 08:38:30 PM
 #30

I think I would consider doing this as bit coins become a lot more popular and powerful. As of now I find them really interesting, but I do not think I want to jump in enough yet to start making purchases in bit coins, or as I heard another company gave the option to its employees, taking my salary in bit coins. If I really wanted the bit coins, I would rather get the cash, and pay for it myself.
shanesnofear
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April 26, 2013, 08:42:23 PM
 #31

i would not but its a cool idea
niko
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April 26, 2013, 08:47:18 PM
 #32

Only if fruits are dried using heat from Bitcoin mining.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
kungfoo
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April 26, 2013, 08:48:02 PM
 #33

no
4btc
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April 26, 2013, 09:41:50 PM
 #34


Ignore the naysayers and just do it!

You have almost nothing to loose.

If you do it nicely you will attract some customers.
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