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| | | Author: | mlahor  | | Posted: | Dec 26, 2013 06:27 | | Subject: | Bitcoin | | Viewed: | 421 times | | Topic: | Suggestions | | Status: | Discarded | |
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| | Any chance to add XBT to the list of currencies we can choose to accept? |
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| | | | | Author: | Pazzo | | Posted: | Dec 26, 2013 07:20 | | Subject: | Re: Bitcoin | | Viewed: | 133 times | | Topic: | Suggestions | |
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| In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
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| | | | | | | Author: | petertje_lego | | Posted: | Dec 26, 2013 07:23 | | Subject: | Re: Bitcoin | | Viewed: | 108 times | | Topic: | Suggestions | |
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| In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
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won't work...
marbles and mirrors are pretty heavy, shippingcosts will go through the roof
cheers,
Peter
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| | | | | | | Author: | mlahor | | Posted: | Dec 26, 2013 07:27 | | Subject: | Re: Bitcoin | | Viewed: | 115 times | | Topic: | Suggestions | |
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| In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
Sorry, but if Bitcoin is implemented on XE.com which BrickLink uses I see absolutely
no problem tech-wise and it's up to each seller to choose what to accept
and what not.
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| | | | | | | | | Author: | Stuart9 | | Posted: | Dec 26, 2013 07:49 | | Subject: | Re: Bitcoin | | Viewed: | 113 times | | Topic: | Suggestions | |
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| In Suggestions, mlahor writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
Sorry, but if Bitcoin is implemented on XE.com which BrickLink uses I see absolutely
no problem tech-wise and it's up to each seller to choose what to accept
and what not.
|
Like the character from Peter Pan,I lost mine years ago!
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| | | | | | | | | | | Author: | mlahor | | Posted: | Dec 26, 2013 09:16 | | Subject: | Re: Bitcoin | | Viewed: | 99 times | | Topic: | Suggestions | |
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| You guys keep on joking, but I'm dead serious.
PayPal charges me 5% of the transaction and I have to wait for 30 days for my
account to be credited.
Bitcoin transaction is free and with time it's likely that bitcoins get accepted
in wider and wider circles. So why not be among the pioneers here at BrickLink,
those of us who are inclined towards it.
You others can just ignore it, no need to laugh at it.
Regards,
Mladen
In Suggestions, Stuart9 writes:
| | In Suggestions, mlahor writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
Sorry, but if Bitcoin is implemented on XE.com which BrickLink uses I see absolutely
no problem tech-wise and it's up to each seller to choose what to accept
and what not.
|
Like the character from Peter Pan,I lost mine years ago!
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| | | | | | | | | | | | | Author: | mhn1957 | | Posted: | Dec 26, 2013 09:26 | | Subject: | Re: Bitcoin | | Viewed: | 88 times | | Topic: | Suggestions | |
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| In Suggestions, mlahor writes:
| | You guys keep on joking, but I'm dead serious.
PayPal charges me 5% of the transaction and I have to wait for 30 days for my
account to be credited.
Bitcoin transaction is free and with time it's likely that bitcoins get accepted
in wider and wider circles. So why not be among the pioneers here at BrickLink,
those of us who are inclined towards it.
You others can just ignore it, no need to laugh at it.
Regards,
Mladen
|
I see buyer protection as an issue with Bitcoin. With Paypal, a buyer can prove
there was a payment, and it isn't anonymous, so it can be refunded by the
company overseeing it. I'm not an expert in bitcoin, and maybe this issue
is solvable, but I wouldn't use an anonymous currency to purchase things
here. As a seller, I would not have a problem with it.
Mark
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| | | | | | | | | | | | | | | Author: | BLUSER_284338 | | Posted: | Dec 26, 2013 10:58 | | Subject: | Re: Bitcoin | | Viewed: | 82 times | | Topic: | Suggestions | |
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| In Suggestions, mhn1957 writes:
| | In Suggestions, mlahor writes:
| | You guys keep on joking, but I'm dead serious.
PayPal charges me 5% of the transaction and I have to wait for 30 days for my
account to be credited.
Bitcoin transaction is free and with time it's likely that bitcoins get accepted
in wider and wider circles. So why not be among the pioneers here at BrickLink,
those of us who are inclined towards it.
You others can just ignore it, no need to laugh at it.
Regards,
Mladen
|
I see buyer protection as an issue with Bitcoin. With Paypal, a buyer can prove
there was a payment, and it isn't anonymous, so it can be refunded by the
company overseeing it. I'm not an expert in bitcoin, and maybe this issue
is solvable, but I wouldn't use an anonymous currency to purchase things
here. As a seller, I would not have a problem with it.
Mark
|
That's not an issue with bitcoin. Quite the reverse. It's not anonymous.
It's pseudonymous. If you publish a public key to a wallet anyone in the
world can see if a payment has been made to that address. Every single bitcoin
transaction that has ever been made is visible on https://blockchain.info. That's
a fundamental aspect of its design.
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| | | | | | | | | | | | | Author: | jeslego | | Posted: | Dec 26, 2013 21:11 | | Subject: | Re: Bitcoin | | Viewed: | 62 times | | Topic: | Suggestions | |
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| In Suggestions, mlahor writes:
| | You guys keep on joking, but I'm dead serious.
PayPal charges me 5% of the transaction and I have to wait for 30 days for my
account to be credited.
Bitcoin transaction is free and with time it's likely that bitcoins get accepted
in wider and wider circles. So why not be among the pioneers here at BrickLink,
those of us who are inclined towards it.
You others can just ignore it, no need to laugh at it.
Regards,
Mladen
In Suggestions, Stuart9 writes:
| | In Suggestions, mlahor writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
Sorry, but if Bitcoin is implemented on XE.com which BrickLink uses I see absolutely
no problem tech-wise and it's up to each seller to choose what to accept
and what not.
|
Like the character from Peter Pan,I lost mine years ago!
|
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I'm sure you are serious. But that does not make Bitcoin a good idea. I
would not prevent you from conducting transactions with it as the base currency.
But I will not be following your lead for some time. Have you seen the volatility
Bitcoin has experienced? Do you understand that the inherent limits to the number
of bitcoins will make it VERY hard for it to become established as a currency?
This looks much more like a game of musical chairs than a legitimate financial
tool.
jes
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| | | | | | | | | | | | | | | Author: | BLUSER_284338 | | Posted: | Dec 26, 2013 22:21 | | Subject: | Re: Bitcoin | | Viewed: | 52 times | | Topic: | Suggestions | |
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| In Suggestions, bljesprop writes:
| | Have you seen the volatility
Bitcoin has experienced? Do you understand that the inherent limits to the number
of bitcoins will make it VERY hard for it to become established as a currency?
|
The volatility is only an issue if you hold bitcoins and that is not what were
talking about, we're talking about adding bitcoins as a payment option. While
this volatility has meant that the price has seen a few speculative bubbles and
crashes on each and every time this has happened the post-crash price has recovered
to exceed the previous high a few weeks afterwards. It is entirely irrelevant
whether there are currently 12 million or 12 trillion bitcoins currently in existence
because bitcoins can be infinitely subdivided. Currently 8 decimal places are
used, so the smallest unit you can buy/sell is 1x10^-8 bitcoins (known as a satoshi)
. So while there are 12 million bitcoins out there there are 120,000,000,000,000
satoshis.
As previously mentioned in this thread the volatility of Bitcoin is irrelevant
to you as a merchant if you handle bitcoin payments through BitPay (https://bitpay.com/faq).
You never have to actually hold bitcoins at any point, you're simply adding
another payment option. You price in USD, EUR or GBP whatever and BitPay work
out the conversion rate at the time of purchase. So lets say the order is worth
$50 and at the current exchange rate that works out to 0.08 bitcoins. The customer
deposits 0.08 bitcoins in the wallet BitPay have assigned for your transactions,
BitPay instantly make the conversion and deposit $50 into your account. From
the merchant's point of view they have priced in USD and received USD instantly
without high level of the PayPal or CC fees. BitPay take a small 1% fee for providing
the service (or a flat $30 a month fee if you have enough volume to justify it).
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| | | | | | | | | | | | | | | | | Author: | jeslego | | Posted: | Dec 26, 2013 22:50 | | Subject: | Re: Bitcoin | | Viewed: | 45 times | | Topic: | Suggestions | |
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| In Suggestions, mintz writes:
| | In Suggestions, bljesprop writes:
| | Have you seen the volatility
Bitcoin has experienced? Do you understand that the inherent limits to the number
of bitcoins will make it VERY hard for it to become established as a currency?
|
The volatility is only an issue if you hold bitcoins and that is not what were
talking about, we're talking about adding bitcoins as a payment option. While
this volatility has meant that the price has seen a few speculative bubbles and
crashes on each and every time this has happened the post-crash price has recovered
to exceed the previous high a few weeks afterwards. It is entirely irrelevant
whether there are currently 12 million or 12 trillion bitcoins currently in existence
because bitcoins can be infinitely subdivided. Currently 8 decimal places are
used, so the smallest unit you can buy/sell is 1x10^-8 bitcoins (known as a satoshi)
. So while there are 12 million bitcoins out there there are 120,000,000,000,000
satoshis.
As previously mentioned in this thread the volatility of Bitcoin is irrelevant
to you as a merchant if you handle bitcoin payments through BitPay (https://bitpay.com/faq).
|
| | You never have to actually hold bitcoins at any point, you're simply adding
another payment option. You price in USD, EUR or GBP whatever and BitPay work
out the conversion rate at the time of purchase. So lets say the order is worth
$50 and at the current exchange rate that works out to 0.08 bitcoins. The customer
deposits 0.08 bitcoins in the wallet BitPay have assigned for your transactions,
BitPay instantly make the conversion and deposit $50 into your account. From
the merchant's point of view they have priced in USD and received USD instantly
without high level of the PayPal or CC fees. BitPay take a small 1% fee for providing
the service (or a flat $30 a month fee if you have enough volume to justify it).
|
The danger of volatility is not simply that you will hold an asset that varies
in price. Users of Bitpay are subject to counterparty risk AND have little or
no regulatory protection.
Yes, bitcoins are infinitely sub-dividable. And it certainly looks as if some
of the folks creating them hope to hold a significant portion of the total off
market to increase the need for subdivision. Put another way, they appear to
be attempting to corner the market before it exists. And when they do sell,
they will make more on options than they did by cornering the currency. With
all the volatility that exists, it is reasonable to ask if this has started already.
And to complete the circle: If this becomes generally understood by the population
of potential users, it is very reasonable to assume that bitcoins will not become
widely used. Currencies that have already reached critical mass do not have
this problem. Subdivisability creates its own reason for a small currency to
fail.
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| | | | | | | | | | | | | | | | | | | Author: | BLUSER_284338 | | Posted: | Dec 27, 2013 07:49 | | Subject: | Re: Bitcoin | | Viewed: | 63 times | | Topic: | Suggestions | |
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| | | The danger of volatility is not simply that you will hold an asset that varies
in price. Users of Bitpay are subject to counterparty risk AND have little or
no regulatory protection.
|
The counter-party risk is less than with PayPal. Bitcoin payments are converted
instantly to fiat by BitPay and the balance transferred to your bank account
once per working business day. Bitcoin payments are not subject to potential
chargeback. BitPay has recently received angel investment from the richest man
in the whole of Asia Li Ka shing (http://en.wikipedia.org/wiki/Li_Ka-shing) who
has a personal weath of 31Billion USD. Seehttp://bitcoinexaminer.org/asias-richest-businessman-invests-in-bitpay/
| |
Yes, bitcoins are infinitely sub-dividable. And it certainly looks as if some
of the folks creating them hope to hold a significant portion of the total off
market to increase the need for subdivision. Put another way, they appear to
be attempting to corner the market before it exists. And when they do sell,
they will make more on options than they did by cornering the currency. With
all the volatility that exists, it is reasonable to ask if this has started already.
And to complete the circle: If this becomes generally understood by the population
of potential users, it is very reasonable to assume that bitcoins will not become
widely used. Currencies that have already reached critical mass do not have
this problem. Subdivisability creates its own reason for a small currency to
fail.
|
I will not bother to address your argument in detail. Suffice to say that it
is a myth that people don't liquidate their appreciating bitcoins and buy
goods with them. For example on Black Friday Gyft did more bitcoin business than
CC business. None of this has any bearing on whether or not is it worthwhile
for a merchant of Lego or any other goods to add Bitcoin payments to their current
list of payment options. If nobody uses this option you've lost nothing.
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| | | | | | | | | | | | | | | | | | | | | Author: | jeslego | | Posted: | Dec 27, 2013 10:40 | | Subject: | Re: Bitcoin | | Viewed: | 45 times | | Topic: | Suggestions | |
|
| In Suggestions, mintz writes:
| | | | The danger of volatility is not simply that you will hold an asset that varies
in price. Users of Bitpay are subject to counterparty risk AND have little or
no regulatory protection.
|
The counter-party risk is less than with PayPal. Bitcoin payments are converted
instantly to fiat by BitPay and the balance transferred to your bank account
once per working business day. Bitcoin payments are not subject to potential
chargeback. BitPay has recently received angel investment from the richest man
in the whole of Asia Li Ka shing (http://en.wikipedia.org/wiki/Li_Ka-shing) who
has a personal weath of 31Billion USD. Seehttp://bitcoinexaminer.org/asias-richest-businessman-invests-in-bitpay/
| |
Yes, bitcoins are infinitely sub-dividable. And it certainly looks as if some
of the folks creating them hope to hold a significant portion of the total off
market to increase the need for subdivision. Put another way, they appear to
be attempting to corner the market before it exists. And when they do sell,
they will make more on options than they did by cornering the currency. With
all the volatility that exists, it is reasonable to ask if this has started already.
And to complete the circle: If this becomes generally understood by the population
of potential users, it is very reasonable to assume that bitcoins will not become
widely used. Currencies that have already reached critical mass do not have
this problem. Subdivisability creates its own reason for a small currency to
fail.
|
I will not bother to address your argument in detail. Suffice to say that it
is a myth that people don't liquidate their appreciating bitcoins and buy
goods with them. For example on Black Friday Gyft did more bitcoin business than
CC business. None of this has any bearing on whether or not is it worthwhile
for a merchant of Lego or any other goods to add Bitcoin payments to their current
list of payment options. If nobody uses this option you've lost nothing.
|
"once per working day" + high volatility = counterparty risk. I invest in lots
of companies. They do not have the right to tap my bank account when they are
a bit(coin) short. It would be interesting to see what currency used by paypal
is its most volatile and what percentage of their total business it represents.
I don't mind your not "bothering" to address an argument in detail. But
your non-response response makes little sense. If a currency is infinitely
divisible, the volume of use says nothing about the percentage that is held off-market.
I'm happy that Gyft is happy. They do not represent a meaningful percentage
of holiday sales. In fact, I doubt they represent a meaningful percentage of
one tenth of one percent of holiday sales. Didn't Silk Road have more bitcoin
sales than CC sales too? Though, I understand they had a drop off during the
holidays.
If it is a myth that a significant portion of the bitcoin inventory is held off
the market, can you please point me to a resource that debunks it? I'm happy
to be wrong about bitcoins, but need a lot more convincing.
Of course you are welcome to transact in a currency that I shun. If BL can add
it without using scarce resources, then why not?
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| | | | | | | | | | | | | | | | | | | | | | | Author: | Stuart9 | | Posted: | Dec 27, 2013 11:11 | | Subject: | Re: Bitcoin | | Viewed: | 58 times | | Topic: | Suggestions | |
|
| In Suggestions, bljesprop writes:
| | In Suggestions, mintz writes:
| | | | The danger of volatility is not simply that you will hold an asset that varies
in price. Users of Bitpay are subject to counterparty risk AND have little or
no regulatory protection.
|
The counter-party risk is less than with PayPal. Bitcoin payments are converted
instantly to fiat by BitPay and the balance transferred to your bank account
once per working business day. Bitcoin payments are not subject to potential
chargeback. BitPay has recently received angel investment from the richest man
in the whole of Asia Li Ka shing (http://en.wikipedia.org/wiki/Li_Ka-shing) who
has a personal weath of 31Billion USD. Seehttp://bitcoinexaminer.org/asias-richest-businessman-invests-in-bitpay/
| |
Yes, bitcoins are infinitely sub-dividable. And it certainly looks as if some
of the folks creating them hope to hold a significant portion of the total off
market to increase the need for subdivision. Put another way, they appear to
be attempting to corner the market before it exists. And when they do sell,
they will make more on options than they did by cornering the currency. With
all the volatility that exists, it is reasonable to ask if this has started already.
And to complete the circle: If this becomes generally understood by the population
of potential users, it is very reasonable to assume that bitcoins will not become
widely used. Currencies that have already reached critical mass do not have
this problem. Subdivisability creates its own reason for a small currency to
fail.
|
I will not bother to address your argument in detail. Suffice to say that it
is a myth that people don't liquidate their appreciating bitcoins and buy
goods with them. For example on Black Friday Gyft did more bitcoin business than
CC business. None of this has any bearing on whether or not is it worthwhile
for a merchant of Lego or any other goods to add Bitcoin payments to their current
list of payment options. If nobody uses this option you've lost nothing.
|
"once per working day" + high volatility = counterparty risk. I invest in lots
of companies. They do not have the right to tap my bank account when they are
a bit(coin) short. It would be interesting to see what currency used by paypal
is its most volatile and what percentage of their total business it represents.
I don't mind your not "bothering" to address an argument in detail. But
your non-response response makes little sense. If a currency is infinitely
divisible, the volume of use says nothing about the percentage that is held off-market.
I'm happy that Gyft is happy. They do not represent a meaningful percentage
of holiday sales. In fact, I doubt they represent a meaningful percentage of
one tenth of one percent of holiday sales. Didn't Silk Road have more bitcoin
sales than CC sales too? Though, I understand they had a drop off during the
holidays.
If it is a myth that a significant portion of the bitcoin inventory is held off
the market, can you please point me to a resource that debunks it? I'm happy
to be wrong about bitcoins, but need a lot more convincing.
Of course you are welcome to transact in a currency that I shun. If BL can add
it without using scarce resources, then why not?
|
Having looked briefly into bitcoins,I see no reason to become less sceptical
about their usage.
If they are to be used between companies,institutions etc. then I'm sure
there's a niche which they seem to have found.
Used by the general public who in the main do not deal in stocks and shares,in
my opinion,never.
I watched an on-line latest price site showing the price rising and falling around
the $740.00 U.S. mark.
Is a buyer going to pay for £20-£200/$20-$200 or €20-€200 worth of Lego in 0.?????????
- 2.????????? bitcoins ( or whatever a partial bitcoin will be known as ),I don't
think so.
However there's no reason why it shouldn't be an option if admin want
to give sellers a choice,but I see little return for the time taken to adjust
splash and store term pages.
The no charge back possibility of this type of transaction must have it's
appeal to the seller to protect from the scam buyers but it then takes the perceived
safety away from the buyer protecting them from scam sellers,I know which one
buyers will prefer. Bitcoin purchases are also irreversible,you cannot change
your mind or correct errors when the button is pushed.
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| | | | | | | | | | | | | | | | | | | | | | | | | Author: | paulvdb | | Posted: | Dec 27, 2013 11:27 | | Subject: | Re: Bitcoin | | Viewed: | 44 times | | Topic: | Suggestions | |
|
| In Suggestions, Stuart9 writes:
| | The no charge back possibility of this type of transaction must have it's
appeal to the seller to protect from the scam buyers but it then takes the perceived
safety away from the buyer protecting them from scam sellers,I know which one
buyers will prefer. Bitcoin purchases are also irreversible,you cannot change
your mind or correct errors when the button is pushed.
|
I don't use bitcoins and don't intend to accept them or pay with them,
but this paragraph from your post also applies to bank transfers. I can assure
you that that does not stop buyers from paying with bank transfer instead of
Paypal. Most of my Dutch buyers and a significant portion of my other European
buyers pay with bank transfer. I think most Dutch and other European sellers
probably have a similar experience, at least in countries where bank transfers
are free.
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| | | | | | | | | | | | | | | | | | | | | | | | | | | Author: | Stuart9 | | Posted: | Dec 27, 2013 11:39 | | Subject: | Re: Bitcoin | | Viewed: | 46 times | | Topic: | Suggestions | |
|
| In Suggestions, paulvdb writes:
| | In Suggestions, Stuart9 writes:
| | The no charge back possibility of this type of transaction must have it's
appeal to the seller to protect from the scam buyers but it then takes the perceived
safety away from the buyer protecting them from scam sellers,I know which one
buyers will prefer. Bitcoin purchases are also irreversible,you cannot change
your mind or correct errors when the button is pushed.
|
I don't use bitcoins and don't intend to accept them or pay with them,
but this paragraph from your post also applies to bank transfers. I can assure
you that that does not stop buyers from paying with bank transfer instead of
Paypal. Most of my Dutch buyers and a significant portion of my other European
buyers pay with bank transfer. I think most Dutch and other European sellers
probably have a similar experience, at least in countries where bank transfers
are free.
|
I accept this may be the case,I'm not a user of this form of payment normally,though
I have used it.
It's quicker and easier for me to use Paypal as I don't use other forms
of on-line banking.
Do people pay for £/$/€20.00 by bank transfer? I understand 200.00 in whatever
currency.
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Author: | jbricks | | Posted: | Dec 27, 2013 11:43 | | Subject: | Re: Bitcoin | | Viewed: | 49 times | | Topic: | Suggestions | |
|
| In Suggestions, Stuart9 writes:
| | In Suggestions, paulvdb writes:
| | In Suggestions, Stuart9 writes:
| | The no charge back possibility of this type of transaction must have it's
appeal to the seller to protect from the scam buyers but it then takes the perceived
safety away from the buyer protecting them from scam sellers,I know which one
buyers will prefer. Bitcoin purchases are also irreversible,you cannot change
your mind or correct errors when the button is pushed.
|
I don't use bitcoins and don't intend to accept them or pay with them,
but this paragraph from your post also applies to bank transfers. I can assure
you that that does not stop buyers from paying with bank transfer instead of
Paypal. Most of my Dutch buyers and a significant portion of my other European
buyers pay with bank transfer. I think most Dutch and other European sellers
probably have a similar experience, at least in countries where bank transfers
are free.
|
I accept this may be the case,I'm not a user of this form of payment normally,though
I have used it.
It's quicker and easier for me to use Paypal as I don't use other forms
of on-line banking.
Do people pay for £/$/€20.00 by bank transfer? I understand 200.00 in whatever
currency.
|
wow that's an amount,
i (because i have a businessacount) have to pay 7cents to get an transaction.
The sender has to pay his/her national fee for a transaction. mostly 0.00 for
personalaccounts.
gr janet
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Author: | Stuart9 | | Posted: | Dec 27, 2013 11:51 | | Subject: | Re: Bitcoin | | Viewed: | 60 times | | Topic: | Suggestions | |
|
| In Suggestions, jbricks writes:
| | In Suggestions, Stuart9 writes:
| | In Suggestions, paulvdb writes:
| | In Suggestions, Stuart9 writes:
| | The no charge back possibility of this type of transaction must have it's
appeal to the seller to protect from the scam buyers but it then takes the perceived
safety away from the buyer protecting them from scam sellers,I know which one
buyers will prefer. Bitcoin purchases are also irreversible,you cannot change
your mind or correct errors when the button is pushed.
|
I don't use bitcoins and don't intend to accept them or pay with them,
but this paragraph from your post also applies to bank transfers. I can assure
you that that does not stop buyers from paying with bank transfer instead of
Paypal. Most of my Dutch buyers and a significant portion of my other European
buyers pay with bank transfer. I think most Dutch and other European sellers
probably have a similar experience, at least in countries where bank transfers
are free.
|
I accept this may be the case,I'm not a user of this form of payment normally,though
I have used it.
It's quicker and easier for me to use Paypal as I don't use other forms
of on-line banking.
Do people pay for £/$/€20.00 by bank transfer? I understand 200.00 in whatever
currency.
|
wow that's an amount,
i (because i have a businessacount) have to pay 7cents to get an transaction.
The sender has to pay his/her national fee for a transaction. mostly 0.00 for
personalaccounts.
gr janet
|
Sorry,you may have mis-understood my post.
I meant,do people pay an invoice for 20.00 whatever currency by bank transfer,I
understand that they would for larger invoices of 200.00 or so.
Hope that makes my point clearer.
Stuart.
|
|
|
| | | | | | | | | |
| | | | | | | Author: | BLUSER_284338 | | Posted: | Dec 26, 2013 11:19 | | Subject: | Re: Bitcoin | | Viewed: | 79 times | | Topic: | Suggestions | |
|
| In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
This is a very ignorant comment. I think bitcoin payments could work very well
with bitcoin. Wake up and smell the coffee.
|
|
| | | | | | | | | | | | | |
| | | | | | | | | Author: | mhn1957 | | Posted: | Dec 26, 2013 11:35 | | Subject: | Re: Bitcoin | | Viewed: | 79 times | | Topic: | Suggestions | |
|
| In Suggestions, mintz writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
This is a very ignorant comment. I think bitcoin payments could work very well
with bitcoin. Wake up and smell the coffee.
|
I would accept coffee as a payment. But that has little to do with Bitcoin.
M
|
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | Stuart9 | | Posted: | Dec 26, 2013 13:47 | | Subject: | Re: Bitcoin | | Viewed: | 78 times | | Topic: | Suggestions | |
|
| In Suggestions, mhn1957 writes:
| | In Suggestions, mintz writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
This is a very ignorant comment. I think bitcoin payments could work very well
with bitcoin. Wake up and smell the coffee.
|
I would accept coffee as a payment. But that has little to do with Bitcoin.
M
|
Joking aside,I know little about this form of transaction only heard of numerous
concerns about their safety.
I heard India suspended their use,I may be wrong,over concerns of possible misuse.
Wasn't there alledged organised crime involvement in their usage as exposed
by the American authorities?
These included money laundering worries,on-line theft and others.
I think the general public,I'm included in this,doesn't understand it
and would have concerns as to whether governments and financial institutions
will react favourably in the long run.
Are they not subject to exchange rates also? Is their value artificially high
at the moment as were some shares in "on-line companies" of the past.
|
|
|
| | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | Author: | BLUSER_284338 | | Posted: | Dec 26, 2013 22:31 | | Subject: | Re: Bitcoin | | Viewed: | 43 times | | Topic: | Suggestions | |
|
| In Suggestions, Stuart9 writes:
| | In Suggestions, mhn1957 writes:
| | In Suggestions, mintz writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
This is a very ignorant comment. I think bitcoin payments could work very well
with bitcoin. Wake up and smell the coffee.
|
I would accept coffee as a payment. But that has little to do with Bitcoin.
M
|
Joking aside,I know little about this form of transaction only heard of numerous
concerns about their safety.
I heard India suspended their use,I may be wrong,over concerns of possible misuse.
Wasn't there alledged organised crime involvement in their usage as exposed
by the American authorities?
These included money laundering worries,on-line theft and others.
I think the general public,I'm included in this,doesn't understand it
and would have concerns as to whether governments and financial institutions
will react favourably in the long run.
Are they not subject to exchange rates also? Is their value artificially high
at the moment as were some shares in "on-line companies" of the past.
|
Most of this is FUD. Drug barons and money launderers currency of choice is US
dollar bills. Sure bitcoins can be used for illicit transactions just like cash
can. Email can be used to send child pornography but you don't hear of people
wanting to shut down email (although you did in the very early days of the Internet).
Bitcoin is a disruptive technology and it is gaining ground because it has great
benefits. It's digital cash. As mentioned elsewhere if you use a service
like BitPay the price of bitcoin is transparent to you as a merchant. You're
just adding another option for the customer. See this article about the take-up
of BitPay http://www.coindesk.com/merchants-love-bitcoin-bitpay-100-million-reasons-prove/
|
|
|
| | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | Author: | Stuart9 | | Posted: | Dec 27, 2013 06:18 | | Subject: | Re: Bitcoin | | Viewed: | 66 times | | Topic: | Suggestions | |
|
| In Suggestions, mintz writes:
| | In Suggestions, Stuart9 writes:
| | In Suggestions, mhn1957 writes:
| | In Suggestions, mintz writes:
| | In Suggestions, Pazzo writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
We might consider adding marbles as well....... and small mirrors
|
This is a very ignorant comment. I think bitcoin payments could work very well
with bitcoin. Wake up and smell the coffee.
|
I would accept coffee as a payment. But that has little to do with Bitcoin.
M
|
Joking aside,I know little about this form of transaction only heard of numerous
concerns about their safety.
I heard India suspended their use,I may be wrong,over concerns of possible misuse.
Wasn't there alledged organised crime involvement in their usage as exposed
by the American authorities?
These included money laundering worries,on-line theft and others.
I think the general public,I'm included in this,doesn't understand it
and would have concerns as to whether governments and financial institutions
will react favourably in the long run.
Are they not subject to exchange rates also? Is their value artificially high
at the moment as were some shares in "on-line companies" of the past.
|
Most of this is FUD. Drug barons and money launderers currency of choice is US
dollar bills. Sure bitcoins can be used for illicit transactions just like cash
can. Email can be used to send child pornography but you don't hear of people
wanting to shut down email (although you did in the very early days of the Internet).
Bitcoin is a disruptive technology and it is gaining ground because it has great
benefits. It's digital cash. As mentioned elsewhere if you use a service
like BitPay the price of bitcoin is transparent to you as a merchant. You're
just adding another option for the customer. See this article about the take-up
of BitPay http://www.coindesk.com/merchants-love-bitcoin-bitpay-100-million-reasons-prove/
|
I've no doubt that most of the worrying headlines we will see are scare mongering
as is the usual.
However I know that if I mention Bitpay or bitcoins to a group of people,most
will not know what I'm talking about.
It's quite clear that I know of this form of payment but not how it works.
This,I will have to look up and teach myself,I've no idea how I get these
bitcoins or how i use them.
Sadly I'm not happy using most forms of Internet banking,too many clever
people out there,so bitcoins would also be a big concern
|
|
|
| | | | | |
| | | | | Author: | steekstra | | Posted: | Dec 26, 2013 13:58 | | Subject: | (Cancelled) | | Viewed: | 142 times | | Topic: | Suggestions | |
|
| | (Cancelled) |
|
| | | | | |
| | | | | Author: | dmoser22 | | Posted: | Dec 26, 2013 14:16 | | Subject: | Re: Bitcoin | | Viewed: | 106 times | | Topic: | Suggestions | |
|
| In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
I've been wanting to accept BTC for a while now. Thanks for bringing it
up. This discussion has given me the push I needed to update my Splash Page.
Boney's Brickyard now happily accepts BTC! See my store for details.
-djm
|
|
| | | | | |
| | | | | Author: | Stuart9 | | Posted: | Feb 14, 2014 08:36 | | Subject: | Re: Bitcoin | | Viewed: | 84 times | | Topic: | Suggestions | |
|
| More bad headlines,value down dramatically.
How do you now feel about Bitcoins,has your opinion changed?
In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
|
|
| | | | | | | | | |
| | | | | | | Author: | Made_In_Bricks | | Posted: | Feb 14, 2014 09:14 | | Subject: | Re: Bitcoin | | Viewed: | 61 times | | Topic: | Suggestions | |
|
| In Suggestions, Stuart9 writes:
| | More bad headlines,value down dramatically.
How do you now feel about Bitcoins,has your opinion changed?
In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
|
they shouldn't if you bought them at 10 bucks a piece still...
|
|
| | | | | |
| | | | | Author: | BLUSER_424058 | | Posted: | Feb 14, 2014 09:24 | | Subject: | (Cancelled) | | Viewed: | 84 times | | Topic: | Suggestions | |
|
| | (Cancelled) |
|
| | | | | | | | | |
| | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 10:29 | | Subject: | Re: Bitcoin | | Viewed: | 63 times | | Topic: | Suggestions | |
|
| In Suggestions, Inventrious writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
That's a good idea..
|
I for one will not be accepting fake currency as payment for my real goods.
But that's just me.
|
|
| | | | | | | | | | | | | |
| | | | | | | | | Author: | Made_In_Bricks | | Posted: | Feb 14, 2014 10:37 | | Subject: | Re: Bitcoin | | Viewed: | 51 times | | Topic: | Suggestions | |
|
| | |
I for one will not be accepting fake currency as payment for my real goods.
|
fake currency = Monopoly Money
Bitcoin is real currency backed by its users and computers, Dollars and euros
etc. are backed by Governemtns
both are real, just have different backing.
|
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 10:47 | | Subject: | Re: Bitcoin | | Viewed: | 43 times | | Topic: | Suggestions | |
|
| In Suggestions, BrickItYourself writes:
| | | |
I for one will not be accepting fake currency as payment for my real goods.
|
fake currency = Monopoly Money
Bitcoin is real currency backed by its users and computers, Dollars and euros
etc. are backed by Governemtns
both are real, just have different backing.
|
Some 'guy' who no one even seems to know, invents a currency and arbitrarily
assigns value to it...that sounds perfectly normal doesn't it?
Is there value attached to it right now...sure, is it a real currency? Not as
far as my Government is concerned and i think there is good reason for that.
(and not as far as I am concerned either)
Pyramid schemes have made people amazingly wealthy, but that doesn't mean
they are legitimate.
I am not arguing that there is some perceived value to it right now, but it won't
last.
|
|
|
| | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 10:49 | | Subject: | Re: Bitcoin | | Viewed: | 40 times | | Topic: | Suggestions | |
|
| In Suggestions, BrickItYourself writes:
Ha, and they are one of the few to recognize bitcoin. I am not sure the German
banking system should be one we should all look to for leadership. (see: History)
|
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | bb43319 | | Posted: | Feb 14, 2014 12:41 | | Subject: | Re: Bitcoin | | Viewed: | 36 times | | Topic: | Suggestions | |
|
| In Suggestions, BrickItYourself writes:
But the value is not backed up by a bank. In many countries are local currencys
is town's mostly to keep it in a small community. There are some places in
the Netherlands to where local currency are used. Mostly started by the local
stores. If these stores go down, there is no back up for the value of the currency.
So that there are used this kind of trading materials, does not mean it is save.
The bitcoin is backed up by company's not by governments. If these companys
cash in and let their company go bankrupt. The value of the bitcoin will be zero.
And the starters will be rich.
It is kind of like the pyramid scheme
René
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|
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| | | | | | | | | | | | | |
| | | | | | | | | Author: | yorbrick | | Posted: | Feb 14, 2014 11:05 | | Subject: | Re: Bitcoin | | Viewed: | 41 times | | Topic: | Suggestions | |
|
| In Suggestions, tkkemp writes:
| | In Suggestions, Inventrious writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
That's a good idea..
|
I for one will not be accepting fake currency as payment for my real goods.
But that's just me.
|
I traded a couple of days ago. I used some lego parts to pay for some other lego
parts. So lego parts are also a "fake currency" not backed by any government.
By accepting bitcoin in payment for lego, you are accepting one fake currency
for another fake currency.
The value of lego is not underwritten by any government, yet many people invest
in it. The value could easily drop if lego re-released old sets or dumped large
quantities of new bricks on the market at very low prices.
|
|
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 11:16 | | Subject: | (Cancelled) | | Viewed: | 24 times | | Topic: | Suggestions | |
|
| | (Cancelled) |
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 11:17 | | Subject: | Re: Bitcoin | | Viewed: | 42 times | | Topic: | Suggestions | |
|
| In Suggestions, mabccc writes:
| | In Suggestions, tkkemp writes:
| | In Suggestions, Inventrious writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
That's a good idea..
|
I for one will not be accepting fake currency as payment for my real goods.
But that's just me.
|
I traded a couple of days ago. I used some lego parts to pay for some other lego
parts. So lego parts are also a "fake currency" not backed by any government.
By accepting bitcoin in payment for lego, you are accepting one fake currency
for another fake currency.
The value of lego is not underwritten by any government, yet many people invest
in it. The value could easily drop if lego re-released old sets or dumped large
quantities of new bricks on the market at very low prices.
|
Not really even close to the same thing.
|
|
|
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Author: | Pokernut | | Posted: | Feb 14, 2014 11:35 | | Subject: | Re: Bitcoin | | Viewed: | 48 times | | Topic: | Suggestions | |
|
| In Suggestions, mabccc writes:
| | In Suggestions, tkkemp writes:
| | In Suggestions, Inventrious writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
That's a good idea..
|
I for one will not be accepting fake currency as payment for my real goods.
But that's just me.
|
I traded a couple of days ago. I used some lego parts to pay for some other lego
parts. So lego parts are also a "fake currency" not backed by any government.
By accepting bitcoin in payment for lego, you are accepting one fake currency
for another fake currency.
|
Possibly a true statement...however I can physically hold the Lego/£/$ currency
in my greedy palm, but cant hold a BC.
| |
The value of lego is not underwritten by any government, yet many people invest
in it. The value could easily drop if lego re-released old sets or dumped large
quantities of new bricks on the market at very low prices.
|
|
|
|
| | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | Author: | tkkemp | | Posted: | Feb 14, 2014 11:38 | | Subject: | Re: Bitcoin | | Viewed: | 55 times | | Topic: | Suggestions | |
|
| In Suggestions, Pokernut writes:
| | In Suggestions, mabccc writes:
| | In Suggestions, tkkemp writes:
| | In Suggestions, Inventrious writes:
| | In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
That's a good idea..
|
I for one will not be accepting fake currency as payment for my real goods.
But that's just me.
|
I traded a couple of days ago. I used some lego parts to pay for some other lego
parts. So lego parts are also a "fake currency" not backed by any government.
By accepting bitcoin in payment for lego, you are accepting one fake currency
for another fake currency.
|
Possibly a true statement...however I can physically hold the Lego/£/$ currency
in my greedy palm, but cant hold a BC.
|
That's precisely a big problem. Bitcoin is assetless. There is nothing
backing the bitcoin.
Really it makes bitcoin more of a quasi-commodity than a currency.
| | | | The value of lego is not underwritten by any government, yet many people invest
in it. The value could easily drop if lego re-released old sets or dumped large
quantities of new bricks on the market at very low prices.
|
|
|
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| | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | Author: | DagsBricks | | Posted: | Feb 14, 2014 11:53 | | Subject: | Re: Bitcoin | | Viewed: | 60 times | | Topic: | Suggestions | |
|
| In Suggestions, tkkemp writes:
| | Really it makes bitcoin more of a quasi-commodity than a currency.
|
Oh, so it's a fiat currency then?
http://en.wikipedia.org/wiki/Fiat_money
Dunno about looneys and tooneys but the US Dollar is backed by the full faith
and credit of the US government...
Not Gold.
Brian
|
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | Author: | ScootersBricks | | Posted: | Feb 14, 2014 12:11 | | Subject: | Re: Bitcoin | | Viewed: | 48 times | | Topic: | Suggestions | |
|
| In Suggestions, DagsBricks writes:
| | In Suggestions, tkkemp writes:
| | Really it makes bitcoin more of a quasi-commodity than a currency.
|
Oh, so it's a fiat currency then?
http://en.wikipedia.org/wiki/Fiat_money
Dunno about looneys and tooneys but the US Dollar is backed by the full faith
and credit of the US government...
Not Gold.
Brian
|
Gonna wade into the swamp here a bit, but my impression was that one of the biggest
things that causes a currency to easily be considered "worth something" to all
parties is for a country to accept it as payment for tax. The US can determine
that your possessions are "worth" a certain amount, and as such you owe a certain
percentage in taxes on the items. They determine this by basing the value on
the US dollar.
So when you say, "Well darn, now I need to go get 100 of those US dollars to
pay what my stuff is worth! and try to obtain some, people naturally are only
willing to give you those dollars if you give them a certain amount of goods
or services in exchange. The amount they request is generally related to the
"worth" that the government puts on items.
Currently Bitcoin isn't accepted as a form of currency for tax payments,
so it is much more difficult to assign a worth to it. While people may "mine"
Bitcoin, the work done has no value other than the value of the bitcoins mined.
Where if bitcoin mining performed folding of proteins, for example (something
where there is scientific value, due to the research value of such work), it
may be easier to say, "Because the overall folding solutions found so far represent
$2 million in scientific research data, that is the value of all totalled currency.
50 years from now I expect that Bitcoin will be valueless. I could be very wrong,
but it just seems like there is far too much opportunity for crashing that isn't
there with other commodities. Sure, gold and silver (which I don't put much
stock in as an investment) could crash, but there is a need for both items worldwide,
and a desire for both from individuals. So while both could crash immensely,
they can only crash "so much." The housing market can tank, but I doubt you'll
be able to buy a mansion for a dollar, no matter how much it crashes. But Bitcoin
has a theoretical bottom of zero, and that worries me.
|
|
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | Author: | DagsBricks | | Posted: | Feb 14, 2014 12:22 | | Subject: | Re: Bitcoin | | Viewed: | 54 times | | Topic: | Suggestions | |
|
| In Suggestions, ScootersBricks writes:
| | In Suggestions, DagsBricks writes:
| | In Suggestions, tkkemp writes:
| | Really it makes bitcoin more of a quasi-commodity than a currency.
|
Oh, so it's a fiat currency then?
http://en.wikipedia.org/wiki/Fiat_money
Dunno about looneys and tooneys but the US Dollar is backed by the full faith
and credit of the US government...
Not Gold.
Brian
|
|
| | Sure, gold and silver (which I don't put much
stock in as an investment) could crash, but there is a need for both items worldwide,
and a desire for both from individuals.
|
Good point, as Pokernut alluded to. Gold and silver have medicinal and industrial
uses. Bitcoin has no uses other than trading and speculating. Paper with "E
Pluribus Unum' has no uses other than trading and speculating. There's
nothing behind a Bitcoin but there's nothing behind a greenback either.
By way of reminder, Bitcoin does apparently have a ceiling on the amount that
can be produced, therefore the supply is limited. Greenbacks have no technical
limit but a lot of caveats if more are added into circulation.
I'm not saying Bitcoin is worthless. I'm just saying the Dollar doesn't
have much more going for it except widespread historical acceptance.
Brian
|
|
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | Author: | bb43319 | | Posted: | Feb 14, 2014 12:50 | | Subject: | Re: Bitcoin | | Viewed: | 53 times | | Topic: | Suggestions | |
|
| | |
50 years from now I expect that Bitcoin will be valueless. I could be very wrong,
but it just seems like there is far too much opportunity for crashing that isn't
there with other commodities. Sure, gold and silver (which I don't put much
stock in as an investment) could crash, but there is a need for both items worldwide,
and a desire for both from individuals. So while both could crash immensely,
they can only crash "so much." The housing market can tank, but I doubt you'll
be able to buy a mansion for a dollar, no matter how much it crashes. But Bitcoin
has a theoretical bottom of zero, and that worries me.
|
The ones that started this up cash in and dissapear a lot earlier then over 50
years.
Cause they want to spend the money they gain when they are young and alive.
don't be surprised when bitcoin collaps within 5 years.
Rene
|
|
|
| | | | | |
| | | | | Author: | MassBricks | | Posted: | Feb 21, 2014 17:34 | | Subject: | Re: Bitcoin | | Viewed: | 52 times | | Topic: | Suggestions | |
|
| In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
Voting yes. And to anyone voting no, why do you care?
I'm not going to start accepting Pesos, or Yen, or Roubles, or Rupees, but
why should I care if someone else wants to?
The arguments in this thread on the merits of bitcoin shouldn't be part of
this debate. If bitcoin goes up or down in value 5 years from now, how does that
in any way effect the legitimacy of a transaction made today?
In addition to adding this as a currency, it should be added as payment method
(or better yet, add a "custom payment method" option for sellers to fill in whatever
they like.)
Did you know there are services that will allow you to charge buyers a USD amount
and have them pay in bitcoin? The bitcoin is immediately sold at market price
for USD by these services, and the USD is then deposited in your account, so
as a seller, there is no risk of the price dropping between the buyer paying
and you being able to convert to USD (if that's what you want). The benefit
is potentially lower transaction fees, and more buyers.
If you are want to keep the bitcoins, the transaction fees are minuscule. If
you respend those bitcoins on another seller here, and they in turn spend them
on yet another seller, everyone (except paypal) wins.
|
|
|
| | | | | |
| | | | | Author: | tomte | | Posted: | May 18, 2014 12:12 | | Subject: | Re: Bitcoin | | Viewed: | 59 times | | Topic: | Suggestions | |
|
| In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
|
voted no. BrickLink should not play with Fun-Currencies. Despite Bitcoins have
a interesting idea the tremendous value fluction shows its non-acceptability
as a BL currency.
Bitcoins would lead to massive deflation if the value of money goes up even faster
if it cannot be created as easily anymore, then you have a set number of money
and goods quantity rises then you have money getting worthfullier every day.
Finally noone likes to spend money that day but wait till the other day. The
effect is deflation. That is as dangerous as the other problem - inflation. Bitcoin
is fun experient BrickLink should not take part in it.
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| | | | | Author: | cosmicray | | Posted: | Aug 25, 2016 15:54 | | Subject: | Re: Bitcoin | | Viewed: | 63 times | | Topic: | Suggestions | |
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| In Suggestions, mlahor writes:
| | Any chance to add XBT to the list of currencies we can choose to accept?
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Bumping this to see if people's perception about BTC has changed over the
last 3 years.
For some reason I think PayPal might have added Bitcoin as a currency type, but
I can't imagine how it would arrive with a Confirmed Address.
Ray
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| | | | | | | Author: | Chilekesh | | Posted: | Oct 1, 2016 23:31 | | Subject: | Re: Bitcoin | | Viewed: | 60 times | | Topic: | Suggestions | |
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| I for one use BTC regularly for electronic transactions. Seeing how paypal was
forced to stop its services here in my country (due to a dispute with the local
authorities) it would be very convenient to have BTC as an option and I'd
definitely prefer it, long as I'm convinced the seller is trustworthy.
For the moment I've switched to IBAN but the fees imposed are too much, especially
for small purchases, while BTC has tr. fees that are almost negligible, regardless
of the amount.
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