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Question: Would you be more likely to buy with an altcoin if you could get a discount?
Yes - 3 (33.3%)
No - 1 (11.1%)
Depends on the altcoin. - 3 (33.3%)
Depends on the size of the discount. - 2 (22.2%)
Total Voters: 9

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Author Topic: Would you be more likely to buy with an altcoin if you could get a discount?  (Read 563 times)
commandrix (OP)
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November 16, 2015, 01:25:58 AM
 #1

Basically, what do you guys think?
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November 16, 2015, 02:11:40 AM
 #2

No to all.  Unless the altcoin has good volume making it easy to do a market sell.  Else, you get trapped.

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November 16, 2015, 08:45:42 PM
 #3

No because it would make me think that there is something fishy about the coin. I would assume that the one giving me the discount probably has a stockpile of coins, or has a plan to be able to get rich quick. I mean come on, that's what a lot of these coins are about, and it's sad.

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commandrix (OP)
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November 16, 2015, 11:52:35 PM
 #4

No because it would make me think that there is something fishy about the coin. I would assume that the one giving me the discount probably has a stockpile of coins, or has a plan to be able to get rich quick. I mean come on, that's what a lot of these coins are about, and it's sad.

I suppose that's a valid way of looking at it. But I could also see this as a kind of branding thing where, say, if somebody sold science hobby kits for children, they could offer 15% off for people who want to pay with Orbitcoin. It doesn't matter if they dump the Orbitcoin right away, whatever, they're just tying in with Orbitcoin and its stated purpose of supporting science for a cute little promo.
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November 16, 2015, 11:54:22 PM
 #5

Yeah, especially if I happened to be bagholding that particular coin at the time..

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November 17, 2015, 12:45:57 AM
 #6

If only I get the discount, then sure because I can just sell it at a profit.

If everyone can get the discount, then no because that will be built into the price already.
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November 17, 2015, 02:32:29 AM
 #7

Wow. Stupid people in this thread don't even understand the question lol

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November 17, 2015, 02:11:39 PM
 #8

Yes, if I can get good discount, then why not to buy with altcoins ? BTC/Altcoin instant exchanges works quite good  Grin
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November 17, 2015, 02:41:30 PM
 #9

Depending on the Altcoin I would be pretty much inerested in buying it with a nice discount. If I could get some LTC and ETH at less 30% I would imediately buy them
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November 17, 2015, 03:22:12 PM
 #10

It depends on the liqudity of the altcoin. The altcoin will most likely be illiquid when this happens. It is very easy to transfer an altcoin to any exchange, why would someone sell to you rather to any exchange at the market price? The answer will be low liquidity for the coin.

     

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November 17, 2015, 07:28:24 PM
 #11

it depends. but usually no. i can not image to buy an altcoin only because a discount. i buy results by different factors.
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November 17, 2015, 11:16:29 PM
 #12

Only if the altcoin is popular with high market cap. I would be gladly buy it at discounted price.

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November 18, 2015, 05:34:40 PM
 #13

so many factors...

the level of discount
the ease to get the alt - costs/time involved in obtaining

etc etc

but yes if it was worth the time and effort

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November 18, 2015, 05:55:20 PM
 #14

That's depending in the discount rate and in how much altcoins i have..

But if it's enough i could likely buy with altcoins no problem for me
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November 18, 2015, 05:59:01 PM
 #15

it depend which altcoin will get a discount if altcoin with the low volume market i wouldn't buy it even though these altcoin offered large discounts
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