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Author Topic: Which one will you used?  (Read 5020 times)
cryp24x
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March 07, 2017, 07:23:06 PM
 #41

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I think it depend on where the store is located.  If it is oversea then more likely I will use Bitcoin since I do not have my paypal activated and I have no bank account since I am really not a fan of banking.  But if it is a local shop then I will be using fiat currency since I can physically go to that store and hand pick the item I want.
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March 07, 2017, 08:08:47 PM
 #42

It depends on the circumstances, if I knew the shop accepts Bitcoin prior to leaving the house I will definitely prepare to pay in bitcoins but if I just got to know upon arrival at the shop then I will pay with fiat I planned paying with before leaving my house.
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March 07, 2017, 10:19:09 PM
 #43

I would rather use fiat currency and save my bitcoin for future trades.  Using Bitcoin now when we all know that it will increase in price in the future is simply wasting an opportunity to earn.  So rather spending my BTC, I would rather spend fiat currency that will depreciate in the future and lock safe my Bitcoin for future appreciation in value and price.



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March 08, 2017, 01:37:49 AM
 #44

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I actually choose both btc or Fiat depends if I trust the site to pay it and depends on the situation of course. Pay it in BTC or Fiat is no difference it's only volatility of bitcoin price and you will paid it base on fiat . But for those who want to save btc now for investment purposes it will hard for them to expend  it now ,so they prepared Fiat for buying.
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March 08, 2017, 01:47:42 AM
 #45

I prefer to use bitcoin when privacy is at issue.

For example, my VPN may know my real IP address but they don't know my real name or have my credit card info on file.

I hereby reserve the right to sometimes be wrong
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March 08, 2017, 01:56:14 AM
 #46

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

If I'll saw a shop that accepts bitcoin then I need to consider first if the products that they're selling is what I need. If I need the products that they are offering then I will gladly use and spend my bitcoins to them. But if they don't have then I won't spend and waste my bitcoins just to do a bitcoin transaction on that shop.



 

 

 

 

 

 


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March 08, 2017, 02:04:38 AM
 #47

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
but if tomorrow 1 apple is 0.001 Bbtc? actually I chose using fiat to buy item that don't have calculation the bitcoin price in store because the bitcoin price easy to change, what it said op was true, but supposed the stores who accept bitcoin to notice  price changes of bitcoin as cryptocurrency

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March 08, 2017, 02:08:32 AM
 #48

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I actually choose both btc or Fiat depends if I trust the site to pay it and depends on the situation of course. Pay it in BTC or Fiat is no difference it's only volatility of bitcoin price and you will paid it base on fiat . But for those who want to save btc now for investment purposes it will hard for them to expend  it now ,so they prepared Fiat for buying.
Yes it does depend on how a person would spend his btc and he would like to use it directly or better to save it compare on using it on small transactions.In my place on where bitcoin is already available to be used on stores i would not still use it better to stick to fiat and would save as much as i can.

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March 08, 2017, 03:10:24 AM
 #49

Fiat is still the preferred payment option for me, because with the use of debit card, I can easily make my transactions on a real-time, hassle-free transaction. I have bitcoin primarily as investment and only use it for transactions in which it is more economical and practical to use. And given how transactions take time with bitcoin, I wouldn’t want to be in a store waiting for a small transaction to be confirmed if I could just easily pay with my debit card. It’s all about making life simpler and less complicated for me.
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March 08, 2017, 05:08:06 AM
 #50

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
The logic there is not all people are investors but we are all spenders, we who are investing in bitcoin will prefer to save more than spend our bitcoins. My opinion on that is because we are fully aware that the value of bitcoin has potential to increase substantially in the future but that would not mean that we will never spend bitcoins, of course we will also spend but in a controllable manner.

The volume of bitcoin is limited only so if more people will create demand then for sure the value will increase which in that sense we will be benefited with our investment.


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March 08, 2017, 05:54:30 AM
 #51

there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I will prefer to use which one will be beneficial to me in terms of cost because that same 0.0008btc that is now buying 2 apples today might end up not even buying one the following day but same cannot be of Fiat. What I will do is consider the cost if I change in to Fiat and then buy compared to when I buy directly with btc then from there I decide which one to go for...
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March 08, 2017, 06:03:33 AM
 #52

What are the choices?  Huh
Will = future : used = past
If you are trying to make us pick between fiat and bitcoin then I would pick fiat for buying the damn apple.
Merchants can make bitcoin as an option for payment. There will be not much of a buyer if you would only use bitcoin as a means of payment. If you are a businessman you would know this, you would not risk just having one option.

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royalfestus
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March 08, 2017, 06:23:43 AM
 #53

For me more depends to my needs. If today did I need apple albeit with 0.0008 BTC only get 1 apple because I really need it now, though with 0.0008 BTC tomorrow I can get 2 apple. Plus bitcoin also unpredictable dude, it could be if you delay to buy the next day the apple prices can  more expensive and you have to pay more for one apple. thank you
the more you make transaction the more transaction fee is traded. At a point you will consider not purchasing in trickles but large amount to prevent regular delay of payment confirmation and transaction fee

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Juggy777
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March 08, 2017, 06:28:49 AM
 #54

Interesting question even I had met a guy who had similar questions regarding using Bitcoins over Fiat. His query was if he accepts the coins and it rises fair and good but what if the value drops, here he shall be a sure shot loos. While if he sticks to Fiat he won't suffer a loss atleast. After having forth and on arguments, I finally convinced him to give it a try, as the price always shoots up and even if it comes down it will shoot up. I wouldnt mind using Bitcoins in the shops saves my Fiat, I am totally in for Bitcoins being used instead of Fiat in shops. I would take two apples for 0.0008 op.
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March 08, 2017, 06:39:36 AM
 #55

In the situation if it would be any shop here that accpet bitcoin I would gladly pay with bitcoin and no matter how I would pay for an apple.
Do you know about psychology of easy money and hard money? (Easy money spended fast and hard money - it's hard for you to spend it so easily) Bitcoin is easy money to me, so in the option that would be shops that accept bitcoin I would pay there with bitcoin. I think that method only would stimulate all bitcoin's economy and would help bitcoin to develop and rise it's price.
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March 08, 2017, 06:50:36 AM
 #56

it depends. if I can buy something with fiat, I'll use fiat. however, if the shop selling the thing I want to buy is far, let's say it's abroad, then I will use bitcoin as long as the shop accept bitcoin. because bitcoin is more profitable as investment.

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March 08, 2017, 06:54:48 AM
 #57

if i can have the possibility to use bitcoin i always prefer bitcoin over fiat, transaction are more anonymous, no record on my bank account activity, more privacy

i know that until the value is very high it's better to hold, but it more satisfying to use bitcoin than fiat for me, the fee are also lower than paypal for big bpurchase

paypal eat you 3.5% in fee which is huge if you buy a thing for $400 for example...
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March 08, 2017, 07:06:57 AM
 #58

I mainly use PayPal. Not because I wouldn't want to spend my bitcoins sometimes but I like to shop online and in many shops that I like I can't spend bitcoin. Hope this will change soon and more popular web shops will decide to accept bitcoins as a payment.

Indeed steps that we have to do now is use the bitcoin as a place of investment, because not many bitcoin known by a lot of people but it has been very beneficial in comparison with the existing currency and also compared with other investments. Where the investment is in addition to the bitcoin takes a longer time and have a great risk. But it should be noted, that paypal has a level of security and the policy is pretty strict. So you should be able to do so or does not violate it, if not then your money will be forfeited
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March 08, 2017, 07:12:28 AM
 #59

it depends. if I can buy something with fiat, I'll use fiat. however, if the shop selling the thing I want to buy is far, let's say it's abroad, then I will use bitcoin as long as the shop accept bitcoin. because bitcoin is more profitable as investment.

Why do you say that it is more profitable as an investment but you use it to buy things for it. Then you should just use fiat always than spending you bitcoins because as you said it is a more profitable as an investment. This is what I believe too. There is little point in using it, then regret using it because you realize the prices are high by the time you already paid for something using bitcoins.
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March 08, 2017, 07:16:12 AM
 #60

I would like to use my bitcoin for shopping. And also many other places where i can use it .It will be more exiting.and i am desperately waiting for this.
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