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Author Topic: Selling Digital Products With Bitcoin  (Read 3407 times)
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April 03, 2017, 11:01:05 PM
 #21

Advantage = no tax.
Disadvantage = delay of payment(confirmation)
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April 04, 2017, 07:34:30 AM
 #22

Bitcoin has larger market which is the deep web, it has markets that deal only with crypto currencies like Bitcoin and Monero, you can find all kinds of digital goods there, some people say it is not trusty, but I think you can find trusty sellers, as well as use escrow to complete your deals.

Yes, when buying digital goods better go along with escrow because we don't know the person whether he is selling the exact good what we need. I think many people say that most of the goods are not trustworthy, so think twice before placing an order.
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April 04, 2017, 09:42:00 AM
 #23

Advantage = no tax.
Disadvantage = delay of payment(confirmation)
When you are selling confirmation times wont really matter at all because payments will definitely comes to your account when you do make transactions online since transactions arent irreversible which means you can assure that payment will surely arrive even on delay times you must suggest to your buyers that pay up the corresponding fee if you dont like any delays on their payments.
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April 04, 2017, 10:16:43 AM
 #24

I am still wondering why I still have to see many digital marketers using and accepting Bitcoin. I hope that soon Clickbank, JVZoo and Warrior+ will soon be accepting Bitcoin as one of the many ways to pay for their digital goods. I think that the market for digital goods is very big and with Bitcoin the market can even be bigger.

More and more buyers can be generated if they start to accept Bitcoin and other digital currencies. As they are into digital products, digital currencies should have been at the top of their payment facilities.

What do you think can be the advantages and disadvantages if digital marketers will finally use Bitcoin on a massive scale?

dude look, you can sell with purse.io or open bazar, they both offer good escrow and decentralized shopping, the first one let you listen your used item only in USA i think they don't have the possibility for other country for now, open bazar let you sell everywhere but it's very new and people don't trust it yet, i think will take place when bitcoin will be bigger

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April 08, 2017, 02:50:08 AM
 #25

The best way for the future we can sell digital products with direct bitcoin
so we just want her offer of goods or products.
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April 08, 2017, 03:07:10 AM
 #26

Bitcoin has larger market which is the deep web, it has markets that deal only with crypto currencies like Bitcoin and Monero, you can find all kinds of digital goods there, some people say it is not trusty, but I think you can find trusty sellers, as well as use escrow to complete your deals.

Yes, when buying digital goods better go along with escrow because we don't know the person whether he is selling the exact good what we need. I think many people say that most of the goods are not trustworthy, so think twice before placing an order.
Yeah, escrow service is a must while making an order. Importantly everything happening end to end can be traced but if something goes wrong you cannot claim or file an complaint. Everything is on our own risk, it's better find people with good trust rate and make business.

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April 08, 2017, 04:46:34 AM
 #27

The best way for the future we can sell digital products with direct bitcoin
so we just want her offer of goods or products.


Already we are doing it only. Check in digital goods you could have buy the gift cards, email accounts and other btc related accounts. Therefore, I wish we need to purchase physical products in local stores with bitcoin as a payment.
Some of e-commerce only accepted bitcoin as payment Window as of now. We need more adoption in future.
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April 08, 2017, 05:03:11 AM
 #28

I am still wondering why I still have to see many digital marketers using and accepting Bitcoin. I hope that soon Clickbank, JVZoo and Warrior+ will soon be accepting Bitcoin as one of the many ways to pay for their digital goods. I think that the market for digital goods is very big and with Bitcoin the market can even be bigger.

More and more buyers can be generated if they start to accept Bitcoin and other digital currencies. As they are into digital products, digital currencies should have been at the top of their payment facilities.

What do you think can be the advantages and disadvantages if digital marketers will finally use Bitcoin on a massive scale?

Hey there Tom,

Well bitcoin is still quite new to most people.

If you walk on the street and ask random people about what they know about bitcoin, most of them will be like "is this guy insane"? Grin

Bitcoiners spend a lot of their time on bitcoin forums, like me. That is why we can get the perception that a lot of people already know and use bitcoin, and wonder why the hell are so many merchants not accepting bitcoin.

It could be costly to implement in big companies, as they have to make sure that everything is in order and they don't get hacked.

But there is really no incentive for them to add bitcoin as a payment option when they make a lot from accepting credit card payments, even though they are charged a fee to accept CC payments and carry the risk of fraudulent transactions.. There will only be incentive once there is more bitcoiners actively using bitcoin, and asking them to accept BTC.

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April 08, 2017, 12:25:24 PM
 #29

one of the advantages of an e-commerce in using bitcoin that they can enable customers to pay for the goods they sell. currently there is not a condition that is difficult to use bitcoin, unlike credit card and BANK. bitcoin point can give us ease of doing buying and selling. I felt no weakness bitcoin in e-commerce.
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April 08, 2017, 06:00:56 PM
 #30

Advantage = no tax.
Disadvantage = delay of payment(confirmation)

Well i think that this advantage is larger than disadvantage, because the disadvantage is long payment confirmation but you can solve that by sending larger fee when paying for something, and no tax on products you want to buy is always good idea, So if bitcoin will stay alive for more years, i am sure that more internet, and even real life sotres will start to accept bitcoins as payment, of course if people will ant to spend their bitcoins.

 
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April 08, 2017, 06:12:42 PM
 #31

Advantage = no tax.
Disadvantage = delay of payment(confirmation)

Well i think that this advantage is larger than disadvantage, because the disadvantage is long payment confirmation but you can solve that by sending larger fee when paying for something, and no tax on products you want to buy is always good idea, So if bitcoin will stay alive for more years, i am sure that more internet, and even real life sotres will start to accept bitcoins as payment, of course if people will ant to spend their bitcoins.

But if he increases the tax it won't be an advantage anymore and that is what will happen, exactly the oppost:

Advantage: fast payment confirmation
Disadvantage: high fee.

 Grin Grin Grin

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April 09, 2017, 02:04:16 AM
 #32

Advantage = no tax.
Disadvantage = delay of payment(confirmation)
When you are selling confirmation times wont really matter at all because payments will definitely comes to your account when you do make transactions online since transactions arent irreversible which means you can assure that payment will surely arrive even on delay times you must suggest to your buyers that pay up the corresponding fee if you dont like any delays on their payments.

Compared to PayPal and other payment gateways, that is one major advantage even if there can be some delays in the blockchain. Well, of course, the delay can be annoying and the increasing fees can be disappointing because Satoshi did not found Bitcoin nor envision it to be as it is now but we have no choice but to adopt to varying situations and challenges which Bitcoin can encounter now and in the future. There is never a smooth ride for Bitcoin but I think things are worth it. Smiley
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April 09, 2017, 02:22:43 AM
 #33

There's no real downside to accept bitcoins other than price fluctuations. Even then, usually charge backs from hacked/cracked/stolen credit cards will far outweigh any loss you may have from bitcoins dropping a few hundred dollars every now and then.
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April 09, 2017, 06:44:39 AM
 #34

Actually,I think that using BTC as a form of payment and actually letting people pay with BTC is a great idea-first,because it's really easy-you just generate a new address and they send you the BTC that way-and it's easy to check-the transactions come fast and then you can transfer your BTC if you want so-all I can think of are advantages when it comes to using BTC as your main source of payment option

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April 09, 2017, 10:02:34 AM
 #35

Advantage = no tax.
Disadvantage = delay of payment(confirmation)
I guess late conformation problems are getting solved as low priority per 1 Kb is ~25k satoshi which usual fee level or you can get assured confirmations with 40k satoshi. If you talk about waiting for 2 or 3 confirmation like up to 30 min, then I am sorry bitcoin works this way we need to tolerate for other enormous benefits.

There's no real downside to accept bitcoins other than price fluctuations.
There are many third part services to lock your prices once you complete deal with customers. Hence price fluctuations will not be a concern for merchants any more.
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April 09, 2017, 10:09:19 AM
 #36

The only downside of accepting bitcoin as payment is their pump and dumps.. Sometimes the value is high sometimes its so low. Just like what happened to Fiverr, in the past few months they were accepting bitcoin, but now they removed bitcoin due to its unpredictable price change.

I am still wondering why I still have to see many digital marketers using and accepting Bitcoin. I hope that soon Clickbank, JVZoo and Warrior+ will soon be accepting Bitcoin as one of the many ways to pay for their digital goods. I think that the market for digital goods is very big and with Bitcoin the market can even be bigger.

More and more buyers can be generated if they start to accept Bitcoin and other digital currencies. As they are into digital products, digital currencies should have been at the top of their payment facilities.

What do you think can be the advantages and disadvantages if digital marketers will finally use Bitcoin on a massive scale?
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April 09, 2017, 11:34:36 AM
 #37

Advantage = no tax.
Disadvantage = delay of payment(confirmation)

Well i think that this advantage is larger than disadvantage, because the disadvantage is long payment confirmation but you can solve that by sending larger fee when paying for something, and no tax on products you want to buy is always good idea, So if bitcoin will stay alive for more years, i am sure that more internet, and even real life sotres will start to accept bitcoins as payment, of course if people will ant to spend their bitcoins.

But if he increases the tax it won't be an advantage anymore and that is what will happen, exactly the oppost:

Advantage: fast payment confirmation
Disadvantage: high fee.

 Grin Grin Grin

Yes, but that is up to buyer if he will pay more but get his items faster, or pay less but he will have to wait for them.  We are talking about digital stuff, most of them you can "ship" simply by email, while people would have to pay larger fee to pay for their stuff instantly in real life stores, so i don't think that higher fee might be disadvantage while speaking about digital products

 
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April 09, 2017, 03:16:03 PM
 #38

Is there a site for bitcoin to get digital goods like fotolia, shutterstock, etc. where the owners sell legal downloadable files.
One thing I notice here, the digital goods sold from bitcoins are crappy , hacked accounts, email database. Hope people stop ruining the bitcoin reputation.

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layoutph
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April 09, 2017, 03:36:01 PM
 #39

Yeah thats the reason why bitcoin is banned from some countries because of its bad impression where bitcoin is being used by evil people to hide their identity.
Is there a site for bitcoin to get digital goods like fotolia, shutterstock, etc. where the owners sell legal downloadable files.
One thing I notice here, the digital goods sold from bitcoins are crappy , hacked accounts, email database. Hope people stop ruining the bitcoin reputation.
dwieyani
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April 10, 2017, 02:10:41 AM
 #40

I that bitcoin has a huge market and a deep web,
huge market must have the money to deal with crypto
even you can find a kind of digital goods.
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