I am thinking about adding this currency to Udimi.
Benefit for sellers will be super low or none commissions for payment processing.
Best, Uncle Dimitry.
I am thinking about adding this currency to Udimi.
Benefit for sellers will be super low or none commissions for payment processing.
Best, Uncle Dimitry.
Posted 5 Nov 2014 at 20:25
Rick Ling
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the thing is how does it work I mean one bit coin is like a thousand bucks isn't it?? or how are the dominations worked out... not totally understanding that currency but definitely a better option than PP or Payza and the like...!?
the thing is how does it work I mean one bit coin is like a thousand bucks isn't it?? or how are the dominations worked out... not totally understanding that currency but definitely a better option than PP or Payza and the like...!?
oh where as joined one place it said current rate was like $1500 or something hmm where Uncle?
added later
what's .0001 cents or less than?
oh where as joined one place it said current rate was like $1500 or something hmm where Uncle?
added laterwhat's .0001 cents or less than?
Posted 6 Nov 2014 at 15:03
Uncle Dimitry
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you maybe should google Bitcoin and learn how to use it. It is free
you maybe should google Bitcoin and learn how to use it. It is free
Posted 6 Nov 2014 at 15:13
Justin Lam
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mm trying to be helpful and skipping Rick the Google part
https://bitcoin.org/en/getting-started
mm trying to be helpful and skipping Rick the Google part
https://bitcoin.org/en/getting-started
Posted 6 Nov 2014 at 16:06
Rick Ling
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Ok thanks Justin will have a look....
added later
Ok as I said before this is the going rate for ONE bitcoin $343.18 per bitcoin so I guess out of my league and how does the pay a $20 order or something hmm... ok seen it says a faction of a coin so how will that work I think too confusing or not to pay for items ie solos/adverts here?
added later
Anyway will have a look at other places but as I said pretty expensive...!
added later
Ok .1179 of a bit coin is $50, hmm...
Ok thanks Justin will have a look....
added laterOk as I said before this is the going rate for ONE bitcoin $343.18 per bitcoin so I guess out of my league and how does the pay a $20 order or something hmm... ok seen it says a faction of a coin so how will that work I think too confusing or not to pay for items ie solos/adverts here?
added laterAnyway will have a look at other places but as I said pretty expensive...!
added laterOk .1179 of a bit coin is $50, hmm...
Posted 7 Nov 2014 at 16:22
Uncle Dimitry
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You'll need to buy 0.02 BTC if you want to have a solo $10 worth
You'll need to buy 0.02 BTC if you want to have a solo $10 worth
Posted 7 Nov 2014 at 16:40
Heather Alessandra
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As long as I don't have to waste my time dealing directly with BTC then I am fine with it.
I just want my payment sent to PayPal as always.
added later
Instead of BTC why don't you consider Skril.com . Lots of people like it.
BTC is trendy, but low adoption rate,
My opinion it is best to keep everything in dollars. It's simple, legal and everyone understands it.
As long as I don't have to waste my time dealing directly with BTC then I am fine with it. I just want my payment sent to PayPal as always.
added laterInstead of BTC why don't you consider Skril.com . Lots of people like it. BTC is trendy, but low adoption rate, My opinion it is best to keep everything in dollars. It's simple, legal and everyone understands it.
Posted 7 Nov 2014 at 17:38
Uncle Dimitry
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will definitely take a look at Skrill
will definitely take a look at Skrill
Posted 7 Nov 2014 at 19:16
Rick Ling
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Like bitcoin as an alternative too... sound cool... most solo are at least $40 uncle for 100 so would be around .1 for that...
Like bitcoin as an alternative too... sound cool... most solo are at least $40 uncle for 100 so would be around .1 for that...
Posted 7 Nov 2014 at 22:03
Justin Lam
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1
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Uncle, I understand it ultimately is to benefit sellers, with reduced or even no commissions for payment processing, but as a buyer, unless the step by step to buy is very simple and "in your face".. I may eventually be turned off by this.
Just my 2 cents..
Uncle, I understand it ultimately is to benefit sellers, with reduced or even no commissions for payment processing, but as a buyer, unless the step by step to buy is very simple and "in your face".. I may eventually be turned off by this.
Just my 2 cents..
Posted 8 Nov 2014 at 01:17
Uncle Dimitry
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557
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looks like you are right
looks like you are right
Posted 8 Nov 2014 at 10:03
Rick Ling
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Yeh hard to obtain these bitcoins(you need a wallet as such too) as can go to bank have a turnaround period to receive too from what I heard.. a lot places sellers have min purchase as well... for me an option is ok if have no other in a squeeze but generally I would use PP and Payza simple the others I have never heard of, but if easy to setup no point in not having the options it's good...
Rick Ling
Yeh hard to obtain these bitcoins(you need a wallet as such too) as can go to bank have a turnaround period to receive too from what I heard.. a lot places sellers have min purchase as well... for me an option is ok if have no other in a squeeze but generally I would use PP and Payza simple the others I have never heard of, but if easy to setup no point in not having the options it's good...
Rick Ling
Posted 8 Nov 2014 at 12:41
Heather Alessandra
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Uncle D, one other aspect of BTC you didn't consider is that Udimi is at HUGE risk for fluctuations in BTC based on your structure.
For example if someone buys a solo 2 weeks out and BTC is trading at $380 and then it is trading at $300 just after solo is completed your liable for that decline. You potentially could loose a lot of money. Likewise you could gain but why take that risk.
Leave BTC to those who want to sell drugs or other elicit items cause there is really no other use for it outside of that. Good credit, a high limit Visa or Amex beat it any day.
Payza, Skrill are all good PayPal alternatives. There is also Google Wallet or even Amazon Payments.
Uncle D, one other aspect of BTC you didn't consider is that Udimi is at HUGE risk for fluctuations in BTC based on your structure.
For example if someone buys a solo 2 weeks out and BTC is trading at $380 and then it is trading at $300 just after solo is completed your liable for that decline. You potentially could loose a lot of money. Likewise you could gain but why take that risk.
Leave BTC to those who want to sell drugs or other elicit items cause there is really no other use for it outside of that. Good credit, a high limit Visa or Amex beat it any day.
Payza, Skrill are all good PayPal alternatives. There is also Google Wallet or even Amazon Payments.
Posted 10 Nov 2014 at 15:46
Uncle Dimitry
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697 posts /
557
likes
looks like we don't need BTC, but pair alternatives to PayPal.
looks like we don't need BTC, but pair alternatives to PayPal.
Posted 10 Nov 2014 at 21:21
Vincent Craine
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5
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4 or 5 years ago if you bought $27 worth of Bitcoin I heard it is now worth 850.000. What a turn on investment. Yes I was approached many years ago Turned it down :-(
4 or 5 years ago if you bought $27 worth of Bitcoin I heard it is now worth 850.000. What a turn on investment. Yes I was approached many years ago Turned it down :-(
Posted 11 Nov 2014 at 04:51
Howforyou
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14 posts /
0
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If it's an option it will be good I think those who like it can use it those who don't use pay pal etc... Just my 2 cents.
If it's an option it will be good I think those who like it can use it those who don't use pay pal etc... Just my 2 cents.
Posted 13 Nov 2014 at 00:54
Joey George
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I am disappointed by one comment that says bitcoin is for illegal stuff only... Bitcoins are being used by more genuine merchants like Wordpress, TigerDirect, Overstock, etc, but unfortunately, only the bad instances remain in people's mind. How much dollars are transacted in money laundering cases? We ignore it even if its in the news. But when a non-govt non-central-bank based currency gets into dirty use, the whole currency is dirty?
Cant blame the people I guess, we are somehow used to accepting whatever is fed to us via mainstream media.
I am disappointed by one comment that says bitcoin is for illegal stuff only... Bitcoins are being used by more genuine merchants like Wordpress, TigerDirect, Overstock, etc, but unfortunately, only the bad instances remain in people's mind. How much dollars are transacted in money laundering cases? We ignore it even if its in the news. But when a non-govt non-central-bank based currency gets into dirty use, the whole currency is dirty?
Cant blame the people I guess, we are somehow used to accepting whatever is fed to us via mainstream media.
Posted 14 Nov 2014 at 05:41
Rory Jones
25
3 posts /
4
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From a buyers perspective it sounds like to many hoops to jump through to use bit coin. That and i think it is confusing to most on how it works. With that said i like having options. :)
From a buyers perspective it sounds like to many hoops to jump through to use bit coin. That and i think it is confusing to most on how it works. With that said i like having options. :)
Benefit for sellers will be super low or none commissions for payment processing.
Best, Uncle Dimitry.
Benefit for sellers will be super low or none commissions for payment processing.
Best, Uncle Dimitry.
added laterwhat's .0001 cents or less than?
https://bitcoin.org/en/getting-started
https://bitcoin.org/en/getting-started
added laterOk as I said before this is the going rate for ONE bitcoin $343.18 per bitcoin so I guess out of my league and how does the pay a $20 order or something hmm... ok seen it says a faction of a coin so how will that work I think too confusing or not to pay for items ie solos/adverts here?
added laterAnyway will have a look at other places but as I said pretty expensive...!
added laterOk .1179 of a bit coin is $50, hmm...
added laterInstead of BTC why don't you consider Skril.com . Lots of people like it. BTC is trendy, but low adoption rate, My opinion it is best to keep everything in dollars. It's simple, legal and everyone understands it.
Just my 2 cents..
Just my 2 cents..
Rick Ling
Rick Ling
For example if someone buys a solo 2 weeks out and BTC is trading at $380 and then it is trading at $300 just after solo is completed your liable for that decline. You potentially could loose a lot of money. Likewise you could gain but why take that risk.
Leave BTC to those who want to sell drugs or other elicit items cause there is really no other use for it outside of that. Good credit, a high limit Visa or Amex beat it any day.
Payza, Skrill are all good PayPal alternatives. There is also Google Wallet or even Amazon Payments.
For example if someone buys a solo 2 weeks out and BTC is trading at $380 and then it is trading at $300 just after solo is completed your liable for that decline. You potentially could loose a lot of money. Likewise you could gain but why take that risk.
Leave BTC to those who want to sell drugs or other elicit items cause there is really no other use for it outside of that. Good credit, a high limit Visa or Amex beat it any day.
Payza, Skrill are all good PayPal alternatives. There is also Google Wallet or even Amazon Payments.
Cant blame the people I guess, we are somehow used to accepting whatever is fed to us via mainstream media.
Cant blame the people I guess, we are somehow used to accepting whatever is fed to us via mainstream media.