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Author Topic: Would u pay in bitcoin?  (Read 8675 times)
bitkilo
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May 12, 2014, 12:46:24 PM
 #1

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?


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bitgeek
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May 12, 2014, 01:11:50 PM
 #2

It depends on the price of the item. Let's say I saw a $10 mouse pad at a 20% discount. As a guy with no bitcoins I wouldn't even bother to register on some exchange. On the other hand you can buy a car with BTC, e.g. Tesla, in such case getting into BTC is worth it.


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bitkilo
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May 12, 2014, 01:30:01 PM
 #3

Would bitcoin atm,'s help with this problem of small and instant payments in bitcoin for goods do u think?

Sindelar1938
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May 12, 2014, 02:25:40 PM
 #4

For larger purchases if btc meant a decent discount, yes I absolutely would

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May 12, 2014, 02:31:15 PM
 #5

I sometimes pay a premium if I can pay in bitcoin. My privacy is worth something. I rarely use anything except bitcoin for online purchases anymore. So for me the question is "Would I use a bank card if they offered a steep discount?" 
Maybe, but it has to be a good deal.

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May 12, 2014, 02:35:02 PM
 #6

like others said i think it depends on the price and item you are selling and even in that regard everybody is different
bitgeek
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May 12, 2014, 02:41:17 PM
 #7

Would bitcoin atm,'s help with this problem of small and instant payments in bitcoin for goods do u think?
Yes, but we need easy to use ATMs, not like those first generation Robocoin machines, that required you to scan your hand for like a minute before it allowed you to actually do anything.


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retorica
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May 19, 2014, 05:27:01 AM
 #8

yes i will pay in bitcoin.
ranlo
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May 19, 2014, 05:30:02 AM
 #9

It depends on the price of the item. Let's say I saw a $10 mouse pad at a 20% discount. As a guy with no bitcoins I wouldn't even bother to register on some exchange. On the other hand you can buy a car with BTC, e.g. Tesla, in such case getting into BTC is worth it.

This is pretty much how I feel as well. For items that give enough value to take the time to get BTC, it is well worth it. For example, if I can save $50 off something by spending 10 minutes dealing with Bitcoin, it's a definite yes.
leslie.leslie
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May 19, 2014, 06:03:09 AM
 #10

yes i would. it is easy as 123 paying online is very convenient.
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May 19, 2014, 07:47:48 AM
 #11

Yes... but the problem is that there needs to be more efficient ways of getting bitcoins more fast.. like atms and that stuff

Internet of things.
ranlo
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May 19, 2014, 07:56:02 AM
 #12

yes i would. it is easy as 123 paying online is very convenient.

The question wasn't in relation to paying with Bitcoin if you already had it, it's about obtaining Bitcoin so you can pay for something.
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May 19, 2014, 03:07:23 PM
 #13

It depends on the price of the item. Let's say I saw a $10 mouse pad at a 20% discount. As a guy with no bitcoins I wouldn't even bother to register on some exchange. On the other hand you can buy a car with BTC, e.g. Tesla, in such case getting into BTC is worth it.

this. It's all itdepands about what price if for an item.

GaryL
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May 20, 2014, 04:39:37 PM
 #14

Only someone buy in bitcoin
Razick
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May 20, 2014, 10:06:28 PM
 #15

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?



The main obstacle right now is the pain-in-the-ass factor of exchanges (identity verification and bank account transfers--ugh!). Right now the answer to your question is no. If Circle can deliver on its promise to provide instant Bitcoin purchases via credit card, I would say yes.

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ranlo
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May 20, 2014, 10:35:30 PM
 #16

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?



The main obstacle right now is the pain-in-the-ass factor of exchanges (identity verification and bank account transfers--ugh!). Right now the answer to your question is no. If Circle can deliver on its promise to provide instant Bitcoin purchases via credit card, I would say yes.

It would also help if the benefits were there to help make it worth going through the work. Even discounts on items would go a long way.
BitchicksHusband
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May 20, 2014, 11:38:29 PM
 #17

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?



The main obstacle right now is the pain-in-the-ass factor of exchanges (identity verification and bank account transfers--ugh!). Right now the answer to your question is no. If Circle can deliver on its promise to provide instant Bitcoin purchases via credit card, I would say yes.

Coinbase can do instant purchases but you have to go through quite a bit of identity verification and add a credit card as a backup.

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May 21, 2014, 12:15:28 AM
 #18

My question is if u see something u would like to buy and this item is offered at a lower price if paid using bitcoins, providing that you don't already have a wallet or coins would you take the time to set up a wallet and buy bitcoins just to be able to receive a discount on the item u wish to purchase?
I believed atm most people would not bother and pay full price,
WHY IS THIS SO?



Trust is the issue. And people do not change unless he has to.
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May 21, 2014, 12:30:36 AM
 #19

Would I? Yes... this is a bitcoin forum, I think everyone here would...
Would other people? Probably not. Think of it like this, would you buy African Dollars that fluctuate in price to pay for something for what seems to be a cheaper price?
Soros Shorts
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May 21, 2014, 12:38:44 AM
 #20

I sometimes pay a premium if I can pay in bitcoin. My privacy is worth something. I rarely use anything except bitcoin for online purchases anymore. So for me the question is "Would I use a bank card if they offered a steep discount?" 
Maybe, but it has to be a good deal.
+1

To maintain my privacy, I have even gone as far as creating a fake Amazon account with a mail drop address and funding my purchases with Amazon Gyft cards paid with BTC.
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