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Author Topic: Buying my coffee with cryptos!  (Read 763 times)
MFY151
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January 22, 2018, 03:32:01 AM
 #21

Let´s say I want to open a coffee shop where you can buy your coffee ONLY with cryptos.

Which coin would you use for this case?  I would choose XRB, because it is very fast and there are no fees!

Please tell me your suggestions.

True, I think this is good choice of altcoins specially now that bitcoin and also ethereum is not very advisable as a mode of payment. These top cryptocurrencies have very high fees specially eth and btc and not to mention the tax from buying basic commodities in your coffee shop it would not be very advisable to use btc as a mode of payment though it is more famous.

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January 22, 2018, 03:38:51 AM
 #22

This is easy...choose NYC...no fees and is very, very fast!!! It's an upcoming coin, check it out!!
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January 22, 2018, 03:57:48 AM
 #23

i think the good Crypto for shopping transactions is bitcoin also ripple because both have been widely used for online transactions by mercants or any websites, so making it easier for users to transaction or exchange
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January 22, 2018, 04:01:39 AM
 #24

I am a hundred percent coffee addict. And if you'll have to use bit coins for it as payment, it will be a good idea. I suggest if it will be created in some coffee shops, they should have cards which people who will buy should have to swipe it for payment. Etherium for me because that's the only wallet I have today.
In my country a few years ago when crypto was not developed, there are some coffee shops accepting payment by bitcoin, then bitcoin is only worth a few usd. But now when the crypto market is growing and so the bitcoin is increasing extremely much, in addition to my country is also banned bitcoin and crypto transactions so trading with bitcoin is very difficult in my country I feel sorry for that.

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January 22, 2018, 04:15:03 AM
 #25

Ill definitely use Bitcoin because of its worldwide popularity and there are more people have bitcoins than other cryptocurrencies. But other than that, i think i will choose ETH as my altcoin transaction fee. I think it is good too.

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January 22, 2018, 04:28:29 AM
 #26

Personally, I'd use Litecoin for small purchases.  Very easy to convert LTC/BTC on any exchange.  It also follows the flow of BTC very well.  Not much fluctuation between BTC/LTC pricing when converting.   Others are all over the place.
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January 22, 2018, 04:50:55 AM
 #27

I would use btc to buy coffee with bitcoin.Because is more popular than any other I think it can be accepted in any coffee shop if they implement bitcoin as a payment system worldwide it must acceptable than others.Cryptocurrency is growing so fast I think they must accept btc in any establishments now because of its price value that continues to increase and grow so fast.
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January 22, 2018, 05:14:50 AM
 #28

If you want to insist on receiving crypto then I would go for something like Ripple that is both a low value token, has low fees and is fast. However you could accept a crypto debit card for payment where the customer can choose which currency to spend then you can be paid in either FIAT or coming soon through Crypto.

Centra Tech are developing this system right now and I suspect others will be doing similar soon.

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January 22, 2018, 05:17:54 AM
 #29

I'm curious about a question. How do you price it? What's the exchange rate for tokens and coffee?
And there is a very serious problem, how do you determine that the buyer has paid for it? Since most tokens have a certain delay, it will take longer to wait until the block is confirmed. Grin

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January 22, 2018, 05:22:07 AM
 #30

I see that there are some areas of business that use the method of payment by using payments through crypto and now it may already be a trand of great interest. if I may give a recommendation to you I might say that you should do a business by using a bitcoin payment method because I see from some people who do a business using a payment method using bitcoinsangatlah menjajikan. because of course there will be many tourists from abroad who save bitcoin more as an asset for the future when compared to other types of crypto. I just give advice only and the rest of the decision is your decision.

 
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January 22, 2018, 05:22:30 AM
 #31

I agree with your choice.. XRB would be the best for this kind of transaction, and on top of all, it has no transaction fee!
I'm actually speechless with those who chose bitcoin over XRB as the payment lol. Well, I think it's inevitable considering bitcoin is still considered as the best payment currency in the market.
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January 22, 2018, 05:27:11 AM
 #32

Let´s say I want to open a coffee shop where you can buy your coffee ONLY with cryptos.

Which coin would you use for this case?  I would choose XRB, because it is very fast and there are no fees!

Please tell me your suggestions.


Same here. I will prefer xrb because it promises to deliver zero-fee transactions in real time.

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January 22, 2018, 05:49:43 AM
 #33

As I think it must be quite easy to get at many exchanges and quite fast, I think I would go for litecoin probably
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January 22, 2018, 06:02:47 AM
 #34

Let´s say I want to open a coffee shop where you can buy your coffee ONLY with cryptos.

Which coin would you use for this case?  I would choose XRB, because it is very fast and there are no fees!

Please tell me your suggestions.

The best Cryptocurrency that is fast enough to transfer coins from your wallet into other wallets like merchants wallet is the best way to accept this mode of payment.
I am making a coffee shop in the future also then Ethereum and other fast cryptocurrencies would be another mode of payment that I'm going to accept.

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January 22, 2018, 06:04:20 AM
 #35

Also you can look closely to Dash, it's fast, stable and secure coin, price is growing up huge, when market bullrun.
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January 22, 2018, 06:06:56 AM
 #36

As I think it must be quite easy to get at many exchanges and quite fast, I think I would go for litecoin probably

Any Altcoin that could make faster transfer between wallets will be the better another mode of payment not only for coffee shops but in almost all products and services throughout market.
Through this, people will be able to educate themselves about Cryptocurrency as the future of our money.

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January 22, 2018, 06:08:27 AM
 #37

Coffee Shop Name : DogeCoffee
Signboard : A coffee drinking Shiba Inu
Payment : Dogecoin
All other cryptos also accepted in here
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January 22, 2018, 06:17:24 AM
 #38

In the Philippines, there are some coffee shops who are accepting cryptocurrencies such as Bitcoin. However, there's an emerging cryptocurrency known as #YOLOCoin. In their convenience store, they are going to accept all kinds of cryptocurrencies for buying goods and services from them, including the YOLOCoin. However, they will officially launch the store next month.

However, here in my area, there's no coffee shop who are accepting cryptocurrencies yet (or maybe they are not yet adopted massively). I wish one day there were some who might accept cryptocurrencies in the area.
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January 22, 2018, 06:21:19 AM
 #39

Ethereum is efficient and fast on most days but I would rather have a coin like Bitcore (BTX) that is near instantaneous and can handle up to 48 million transactions a second. Seems pretty high but somehow they have managed to create a coin just like that.

Wait youre joking right? BTX cant handle 48 million transactions per second! Where the fuck are you getting this info from?
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January 22, 2018, 06:33:36 AM
 #40

Ill definitely use Bitcoin because of its worldwide popularity and there are more people have bitcoins than other cryptocurrencies. But other than that, i think i will choose ETH as my altcoin transaction fee. I think it is good too.

If you will going to use bitcoin for just a cup of copy then your coffee will be quite expensive because to think every bitcoin transaction will have to pay a flat fee in which already cost you $8 equivalent for the miners alone plus the value of the coffee. I think XRB will be the good choice because of no fees but limited places because XRB is not a wordwide unlike the Bitcoin.
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