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Author Topic: shopping with BTC  (Read 1367 times)
_Mikasa_
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December 07, 2017, 02:24:53 AM
 #81

I think it is not good for now to shop with bitcoin. Steam recently will no longer support bitcoin as a payment method due to high fees and volatility in the value of Bitcoin.
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December 07, 2017, 02:44:21 AM
 #82

I think it is not good for now to shop with bitcoin. Steam recently will no longer support bitcoin as a payment method due to high fees and volatility in the value of Bitcoin.

Really, I better start buying up games while I still can.
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December 08, 2017, 07:53:08 AM
 #83

I think it's good, and a progress can be transactions using BTC, meaning it does not have to be redeemed into cash currency, and that will affect the bitcoin price becomes higher.
Yes, I have also same opinion regarding purchasing goods with bitcoin because in this way, bitcoin will increase in value and more and more people will become familiar with bitcoin. I am really fond of using bitcoin for common purposes.

In this way, bitcoin will go for legalization throughout the world. Bitcoin is simply going to rule the world in the coming years for making this thing really happen, we should use bitcoin in daily life.
klser
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January 19, 2018, 11:24:14 AM
 #84

 Online shopping can be done with bitcoins, since the world has accepted bitcoin as an alternative currency . The value of bitcoin is increasing so  the traders would be happy to accept bitcoins.
 
Igor Kapy
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January 19, 2018, 11:32:37 AM
 #85

It is also more convenient for me to buy some things by bitcoins. I will need to come up with new stores hosting bitcoin
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January 19, 2018, 11:41:19 AM
 #86

Online shopping can be done with bitcoins, since the world has accepted bitcoin as an alternative currency . The value of bitcoin is increasing so  the traders would be happy to accept bitcoins.
 


I had started to accept the bitcoin as a payment in my restaurant.Even Kfc started to accept the bitcoin as a payment.Then reason behind this is very simple,they will accept bitcoin because they will get additional dollars for sure.

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January 19, 2018, 11:43:04 AM
 #87

I think it's good, and a progress can be transactions using BTC, meaning it does not have to be redeemed into cash currency, and that will affect the bitcoin price becomes higher.
Yes, I have also same opinion regarding purchasing goods with bitcoin because in this way, bitcoin will increase in value and more and more people will become familiar with bitcoin. I am really fond of using bitcoin for common purposes.

In this way, bitcoin will go for legalization throughout the world. Bitcoin is simply going to rule the world in the coming years for making this thing really happen, we should use bitcoin in daily life.
I agree. Moreover, the only thing that can build bitcoin value long term is mass adoption. Only then the finite quantity of bitcoin matched with growing demand will make its price go up long term. For bitcoin, to be massively adopted, it needs to serve those people as currency: one must be able to buy petrol and bread and butter with it.

Summing up, for bitcoin to be a store of value long term, it needs to be used as a currency. If it fails as a currency, the day will come it stops being the store of value too.

Pan Troglodytes
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January 19, 2018, 11:45:43 AM
 #88

Online shopping can be done with bitcoins, since the world has accepted bitcoin as an alternative currency . The value of bitcoin is increasing so  the traders would be happy to accept bitcoins.
 


I had started to accept the bitcoin as a payment in my restaurant.Even Kfc started to accept the bitcoin as a payment.Then reason behind this is very simple,they will accept bitcoin because they will get additional dollars for sure.

Can you please disclose how many transactions did you have in bitcoin last week and last month? My guess would be zero, as it really doesn't make sense to pay with bitcoin at current fees. But I am very curious what you can tell us with you first hand experience.
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January 19, 2018, 11:56:35 AM
 #89

If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?
Though is said to hit the mainstream soon but buying of stuff with bitcoin while the company sells it for cash is definitely not good for bitcoin price because it will literally cause some dump in price of bitcoin.
it really is because a company of goods will not do the bitcoin hold they have from the sale of their goods, the reason is because they definitely need funds for their circulation of merchandise.

mOgliE
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January 19, 2018, 11:59:02 AM
 #90

Hi,

For the moment it is impossible to go shopping with bitcoin, simply because the price cha,ges way too much from one day to another.

I guess that by the time it becomes possible, then in your scenario, a business that would receive bitcoin would not turn it to fiat currency but rather keep it for further exchanges.

In the world today, the dollar is the reference currency. But when you want to buy something in your country, you don't feel the need to use dollars and afterwards change it for your country currency, right? I hope we can reach the same result with bitcoin if it get spread enough!

blacktajin
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January 19, 2018, 12:07:52 PM
 #91

it will very good news if we can shopping btc but matter is that its price is not stable. As a result buyers or sellers will be afraid. if I wanna want to buy some products when it's price at $15000, after paying to buyers if it's price fall down at $12000 then buyers will be losser. it's the main fact and  it's transactions fees also high.
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January 19, 2018, 12:08:29 PM
 #92

If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?
that's one of the function of bitcoin to buy some good and make the transaction with bitcoin it's a good idea i think cause you can buy anything you want with it. but it's a little expensive if you buy with bitcoin cause the fee to transfer it too expensive.

bitcoinorcash
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January 19, 2018, 12:08:52 PM
 #93

Shopping in bitcoin is good but we dont need to do it everyday, we need to be a responsible when it comes to bitcoins, earn more before we shopping. theres alot of people who loved to shopping maybe they are addicted especially for those people are already rich since birth like henry Sy and Lucio tan the two of them is rich because they really have a goals in life and still perseverance until they reach their goals in life...   Wink
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January 19, 2018, 12:09:19 PM
 #94


It's not a bad idea. From my point BTC has a great power nowdays. If it's legal in your country, do it.
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January 19, 2018, 12:11:04 PM
 #95

If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?

If you are buying stuff with bitcoin then dont go to the malls or the market but just shop online. There are stores online that accept bitcoin like amazon and other local stores. This will be convenient since you are not going to fall in a long line to buy your stuffs.

Mokter
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January 19, 2018, 12:26:11 PM
 #96

it will you be great opportunity for all bitcoins community and btc holders. But there are many problems because its price too volatile. as a result during paying to buyers its price will affect.calculation will be tough for paying.
nitrousteam
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January 19, 2018, 12:46:11 PM
 #97

Shopping with this wonderful coin isn't improved to the maximum yet so right now this option is in usage by the small percentage of the holders. High transactions are the biggest problem right now in the shopping term.

People are also afraid that the purpose of the Bitcoin will be forgotten if the highly decentralized fluctuation coin is used for the shopping purposes.

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Bolt Brownie
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January 19, 2018, 03:36:19 PM
 #98

If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?

Ideally we would like to buy things with bitcoin, and that the seller would hold bitcoin instead of selling it. Of course this can only happen if mass adoptions occurs. Let's imagine a bakery, and that we buy bread with bitcoin. It would only make sense for the seller to hold his bitcoins, if he could also buy the raw material to make the bread with bitcoin. So only when the entire industry is allowing payments with BTC, then we could see sellers keeping their coins.

This will take time to happen, but even if it doesn't, and bitcoin is just a payment method like PayPal, where people recharge their wallets to make payments, I don't think it would be bad for the price, but quite the opposite. It would not be the ideal situation I've described, but a lot of people would still be buying bitcoin to reload their wallets and continue to make payments with it. So we would have a lot of people buying and selling bitcoin at the same time and this would result in an equilibrium, so the price wouldn't really move. It could be moving up, because more people were using this "new" payment method, but I doubt it would go down.
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January 19, 2018, 03:41:18 PM
 #99

Shopping with BTC an allowing companies to sell for fiat is definitely not good because it will put powers I. The hands of these companies an they will begin to regulate the price of BTC.
christen7
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January 19, 2018, 03:48:45 PM
 #100

I think it is  very good, in addition to safer, the efficiency is not in doubt
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