No one wants to spend 10,000 of their Altcoins for a Pizza

[paramind22]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

[lloyd crustacean]

Sounds good but IMO you are wrong. There are some good people holding alt coins, too. I guess there have to be. 

[paramind22]

Sounds good but IMO you are wrong. There are some good people holding alt coins, too. I guess there have to be. 

I'm not saying they are bad people.  Most people including myself do things for reasons that are not good or bad morally.
Sometimes it's just because we all have limitations in how far we can think or act.

[Sylon]

I want to buy a pizza for 10,000 Zetacoins. Anyone interested ?

[r3ckt]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

That's not true, a man bought a pizza and beer for 10000 dogecoins a few years ago when they were worth more. He would have to pay 72000 dogecoins for the same meal today. There was only one bitcoin pizza sale before it went to the moon, and that makes dogecoin equal to bitcoin in early adopter pizza sales.

https://www.washingtonpost.com/news/the-switch/wp/2014/02/14/wow-such-cheese-man-uses-dogecoin-to-buy-pizza-and-beer-in-hawaii/

[ethereumhunter]

for now, i think there are no person will do this and spend their 10,000 altcoin to buy something, better to hold it in a moment. but if the altcoin is really worth and the price can up high, then i think people will use their few amount to buy like pizza or another product. but its only still a dream before its come true and we need to wait until there is a store that will accept payment from altcoin.

[Omegasun]

for now, i think there are no person will do this and spend their 10,000 altcoin to buy something, better to hold it in a moment. but if the altcoin is really worth and the price can up high, then i think people will use their few amount to buy like pizza or another product. but its only still a dream before its come true and we need to wait until there is a store that will accept payment from altcoin.

It depends upon on what alt coin are you holding. If you are holding some potential coin, i think it is not advisable to spent but if it is just a shit coin and got it from bounty campaign then don't bother to bought it a box of pizza.

[bbc.reporter]

I want to buy a pizza for 10,000 Zetacoins. Anyone interested ?

That is exactly the whole point. No one is interested in most of these altcoins because they really are only tokens with no value. They are more like Pokemon trading cards than a currency. Most of the holders of these altcoins want to convert to bitcoin as soon as they think it is profitable for them. So in reality everyone actually is a bitcoiner.

[NUFCrichard]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

The number 10,000 is irrelevent! If I hold an alt that has a value of 1 satoshi, I will gladly spend 10,000 of them on a pizza, it would be a great deal.
I wouldn't spend 10,000 Eth on a pizza, no.

Other than a very small group of Alts, none have the potential to be worth $100 per coin, so the fear of being the guy who spend 10,000 Xcoins on a pizza shouldn't be in your mind.  You could always buy more for fiat anyway, so there would be no loss at the end of the day!

[Mallyx]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

I guess peoples prefer selling the pizza

[Zadicar]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

This is pointless because people would not tend to buy pizza on an 10k altcoin unless if its value is 1 satoshi only then people will surely use it but the question is whos the one to sell off pizza on that price? Its just nonsense though.It depends on the value of a particular altcoin if its value is high people  would say no but if its low then might possible but the question is whos gonna sell?

[rivoke]

Altcoin recently has lesser value if we compare on bitcoin so it difficult to make it happen.
But it's not impossible for happening since cryptocurrency is a world full of unexpected things

[JasonXG]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

Are we ment to be taking you seriously ? You not making sense son.
It would take 10000 of what to buy a pizza? 10000 bagholders ? That is what ot sounds like you are saying but I think you mean 10000 coins.

So 10000 shitcoin for a pizza ? Ok I'll send you some shitcoin then you go buy a pizza for yourself k ?

[paramind22]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

Are we ment to be taking you seriously ? You not making sense son.
It would take 10000 of what to buy a pizza? 10000 bagholders ? That is what ot sounds like you are saying but I think you mean 10000 coins.

So 10000 shitcoin for a pizza ? Ok I'll send you some shitcoin then you go buy a pizza for yourself k ?

You got my point.  The people who have coins that they believe in don't seem to realize that for them to be valuable they have to have
a real world value today.  So, if a Pizza is $15, and their coin is worth .0015, then they need to spend 10,000 of them to buy one.  Not bad
if it took a day mining something for some people.  Then, maybe the next pizza takes 8,000 coins because people are aware that they are
having a value.  In a week, it would take 5,000 coins, and lesser and lesser until a coin is worth much more.

[btc_zero_sum]

No one can spend 10,000 of their Altcoins for a Pizza (fixed)

Altcoins are pure speculation tool, name me one damn altcoin you can use today to buy a pizza. none of them has an infrastructure, none of them is accepted by merchants

[paramind22]

No one can spend 10,000 of their Altcoins for a Pizza (fixed)

Altcoins are pure speculation tool, name me one damn altcoin you can use today to buy a pizza. none of them has an infrastructure, none of them is accepted by merchants

Anyone who has looked at them knows that's not true.  You can buy things with litecoin, dogecoin, ETH, and monero. Even Earthcoin was set up to buy a lot of things at one time.   

[digaran]

You show me a place that accepts altcoins for pizza, I'd gladly spend millions of them .
The thing about them is that we have too many of them already and zero usage.

[Snorek]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

It is not because no one wants to do it. It is more because it is almost impossible to do. How many altocoins can be used to purchase real life goods?
And people seem to to accept that fact, they speculate with altcoin and when they want to buy something they trade altcoin<=>bitcoin=>FIAT.
Plus, no one really believes that some altcoin can follow path of Bitcoin - hence the lack of effort.

[TaunSew]

I had send plenty of examples of bargaining and trading with alternates.  The other day, saw someone buy a beer and noodles with an alternate and it wasn't Litecoin or Ethereum.

As for brick and mortar, B&M has been taking away Bitcoin payments because some of them had done it for 2 years but only registered 30-something payments over those years, usually a repeat customer or two who is a Bitcoin enthusiast.   Why would someone add an alternate just to get 1 payment over 2 years. 

[olushakes]

I think this seems to be the problem with most altcoins.  None of the people want to follow the example of Bitcoin.
I guess they don't want to fathom that right now it would take 10,000 of them to buy a pizza.  

As at the time you are making reference to, the exposure has not been this high and wont not be same in few years to come. Even though those who did buy pizza with 10000 bitcoin as at the time would have believe they got value for money because I am sure they would have gotten for less so its a win-win situation. In addition to that, no developer would have the intention of creating a coin then turn to shit Bitcoin has taught them a lesson that what is worthless today could worth more tomorrow.