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Author Topic: Attn: People who buy stuff with bitcoins  (Read 2641 times)
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June 26, 2011, 05:34:42 AM

I'm selling an Iphone4 and an HD 5970, but I've tried selling other things in the past like Jtaged Xbox 360s and even drugs. The only thing that sold was the drugs. Someone posted here that it's hard to get bitcoins, so I figure that until it's easy to buy them, you won't be able to get a fair price for your goods.

We need to make $ to BTC conversions much much quicker and easier. Lot's of people messaged me and were interested in buying my Jtag, but when I said I only accepted bitcoin all I heard were crickets chirping.

Nobody who puts the time into converting their cash into bitcoin is going to let them go for regular money. The difficulty in obtaining them is why they have a premium.

Wanna thank you guys for helping me see that and put it into perspective.

Still though, I'm willing to get fucked in the ass a little bit, I'm not completely unreasonable.
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June 26, 2011, 05:50:19 AM

I love bitcoin,  but it seems people don't want to spend something they think is going up in value.  Gresham's Law and what not.  
People complain that there is nothing you can buy with bitcoin, well now you can buy almost anything with bitcoin but people don't want to spend them except to trade them for fiat.

bitcoin-only merchants might have to start accepting credit cards and paypal if they want to actually sell things, and just use the fact that they accept bitcoin as a marketing gimmick.
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