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 :-(
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.
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.
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. :)
Same here Rory
Personally, I'm for the addition of Bitcoin. The Commission needs to get a quick delivery.
How about using gold currency? ;)
lol sounds good idea Igor but how? in the bitcoin its now like $350USD for a bitcoin is good to have as another place to have currency...!! Rick Ling
Hi Rick, this could be done in the near future using Karatbars currency. it is what i do as a business.
oh ok cool...
oh ok cool...
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
To avoid problems with the course of Bitcoins, udimi must use hedging against the dollar.
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
To avoid problems with the course of Bitcoins, udimi must use hedging against the dollar.
To avoid problems with the course of Bitcoins, udimi must use hedging against the dollar.
Hedging? Hold it steady you mean?
Hedging? Hold it steady you mean?
https://en.wikipedia.org/wiki/Hedge_(finance)
this is what gold currency successfully does :)
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.