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Old 8 August 2017, 04:20 AM   #1
gabrielnovar
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Anyone accept Bitcoin/Litecoin for payments?

haven't see many advertise that and seems like more volume would occur if they did.

Sorry if this is the wrong section, I didn't want to clutter the classifieds.
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Old 8 August 2017, 04:27 AM   #2
OliveSales
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I do accept BTC/ETH/LTC.

I doubt many people on TRF will accept crypto. I made a thread about it two months ago and all the super veteran millionaire investors here made sure to let me know it's a scam and it's going to be worth 90cents on the dollar.
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Old 8 August 2017, 08:21 AM   #3
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Originally Posted by OliveSales View Post
I do accept BTC/ETH/LTC.

I doubt many people on TRF will accept crypto. I made a thread about it two months ago and all the super veteran millionaire investors here made sure to let me know it's a scam and it's going to be worth 90cents on the dollar.
Some people aren't in a position to accept a currency that goes up and down by 20% a day.

It doesn't mean they are doubting your (hind-sighted) wisdom, just means they do not want the risk.

Just a bit of advice but I think a bit of humility in your case would go a long way.
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Old 8 August 2017, 08:36 AM   #4
OliveSales
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Some people aren't in a position to accept a currency that goes up and down by 20% a day.

It doesn't mean they are doubting your (hind-sighted) wisdom, just means they do not want the risk.

Just a bit of advice but I think a bit of humility in your case would go a long way.
What risk? Every company who accepts crypto-currency automatically have it converted to USD (assuming its a US based company). You are not supposed to store the coins if you are using it for business purposes.

Accepting crypto is more secure than a credit card transaction (for seller) and is quicker than a bank wire. Not to mention no 3% credit card fee or 30$ wire fee both ways.

Quick 5 minute read to learn its use will go a long way as well :)
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Old 8 August 2017, 08:42 AM   #5
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This is starting to read like an infomercial.
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Old 10 September 2017, 06:56 AM   #6
watches4sevens
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I do accept BTC/ETH/LTC.

I doubt many people on TRF will accept crypto. I made a thread about it two months ago and all the super veteran millionaire investors here made sure to let me know it's a scam and it's going to be worth 90cents on the dollar.

lol
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Old 8 August 2017, 05:39 AM   #7
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The only ones I know who do have set things up so that it is immediately exchanged into a less volatile currency. Bitcoin is still much to volatile to keep when running a business so the price on things in Bitcoin is what they are quoted in that moment from their exchange.
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Old 8 August 2017, 05:53 AM   #8
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I only invest, or accept currencies, that I understand very well. So, no, not for me.
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Old 8 August 2017, 08:43 AM   #9
Tony64
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...and an interesting first post without followup by the OP?
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Old 8 August 2017, 09:11 AM   #10
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Here we go again.

One user controls the price of btc. His name is floppy. He can crash or pump the entire market. It's prob a hedge fund.
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Old 8 August 2017, 09:17 AM   #11
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Here we go again.

One user controls the price of btc. His name is floppy. He can crash or pump the entire market. It's prob a hedge fund.
lol is that a joke or for real? A guy named floppy owns the market?
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Old 8 August 2017, 09:40 AM   #12
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lol is that a joke or for real? A guy named floppy owns the market?
Auto correct. His name is spoofy.
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Old 8 August 2017, 10:13 AM   #13
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Here we go again.

One user controls the price of btc. His name is floppy. He can crash or pump the entire market. It's prob a hedge fund.
This is why I will not get involved in crypto currency.

Here's the article about it:

http://www.zerohedge.com/news/2017-0...-bitcoin-price
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Old 9 August 2017, 01:56 AM   #14
gabrielnovar
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lol i'm here guys...just wondering because I would feel safer sending bitcoin vs wire/paypal etc.

The reason I bring this up, is I am in the position to potentially buy and would prefer using bitcoin/litecoin because of the ease of use and instant confirmation that someone received it etc. (and verified).


If you are worried about the price swings you can instantly convert to USD I suppose. 100 billion dollar market isn't exactly small


edit: not pumping Bitcoin but I am starting see more and more adopt it....Overstock.com is doing it soon walmart and amazon rumored to be looking @ it now.
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Old 9 August 2017, 02:01 AM   #15
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Originally Posted by gabrielnovar View Post
lol i'm here guys...just wondering because I would feel safer sending bitcoin vs wire/paypal etc.

The reason I bring this up, is I am in the position to potentially buy and would prefer using bitcoin/litecoin because of the ease of use and instant confirmation that someone received it etc. (and verified).


If you are worried about the price swings you can instantly convert to USD I suppose. 100 billion dollar market isn't exactly small


edit: not pumping Bitcoin but I am starting see more and more adopt it....Overstock.com is doing it soon walmart and amazon rumored to be looking @ it now.

Curious, how exactly is it safer for the buyer?
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Old 9 August 2017, 02:03 AM   #16
gabrielnovar
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Curious, how exactly is it safer for the buyer?
Litecoin takes a minute or two..low fees (probably pennies for litecoin) and transactions can't be reversed etc.

Banks have fees most of the time too, I get charged like 25-75 for Wire transfers..

Also as I mentioned wires aren't exactly instant...they do take some time.

Lots of pros. The hardest part is setting up a wallet/understanding it I guess
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Old 9 August 2017, 02:38 AM   #17
Tony64
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lol i'm here guys...just wondering because I would feel safer sending bitcoin vs wire/paypal etc.
The reason I ask is that we have frequent discussions/concerns here about the safety of sending money by wire, and many sellers won't take PayPal.

If Bitcoin is really safer to send, I'm sure we'd all be interested.

Thanks in advance.
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Old 8 August 2017, 09:17 AM   #18
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I'd like to invest in Bitcoin. I've wanted for a while. I'm just too chicken.

For the same reason, is not accept it in payment.
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Old 9 August 2017, 04:13 AM   #19
Tony64
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I'm getting the feeling that buyer safety isn't really the main selling point with bitcoin. The ability to conduct a clandestine transaction seems more plausible. That's just not of any real benefit/interest to me - but perhaps it is for other members.
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Old 9 August 2017, 05:53 AM   #20
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I'm getting the feeling that buyer safety isn't really the main selling point with bitcoin. The ability to conduct a clandestine transaction seems more plausible. That's just not of any real benefit/interest to me - but perhaps it is for other members.
No question that's how the stuff got off the ground. Payment for illegal activity.
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Old 10 August 2017, 02:11 AM   #21
gabrielnovar
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No question that's how the stuff got off the ground. Payment for illegal activity.
well somewhat true and the reason why hackers demand bitcoin but its the most advanced form of payment we have ever seen. cash/everything else is getting outdated with the technology boom.


edit: also the main tech behind it incase anyone is curious is not really payment. Say you receive a rolex auth card...how do you know its real? I can make one and sign it, if you received a QR code with blockchain tech you would be able to verify in minutes whether or not its a real card that has been issued by rolex or not...

so it does stop fraud too
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Old 15 November 2017, 07:55 AM   #22
m-abz-t
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I was just thinking about it yesterday...to sell my DJ for Bitcoin lol.
Didn't realise many people on this forum used / bought into the crypto currency :D
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Old 16 November 2017, 05:33 AM   #23
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i love bitcoin!
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Old 16 November 2017, 05:56 AM   #24
m-abz-t
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m9ramen you tried any other cryptos? new icos?
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Old 17 November 2017, 10:32 AM   #25
m9ramen
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m9ramen you tried any other cryptos? new icos?
I branched out to diversify since BTC went up so much.
I now own ETH, NEO, BTG (from recent hard fork), and got in on REQ ICO (that one isn't doing too well..)
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Old 16 November 2017, 07:49 AM   #26
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I would accept bitcoin as a payment but most people do not know much about it and how to get it
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Old 23 November 2017, 09:06 AM   #27
TC94
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Buying bitcoin

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Originally Posted by m-abz-t View Post
I was just thinking about it yesterday...to sell my DJ for Bitcoin lol.
Didn't realise many people on this forum used / bought into the crypto currency :D
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Originally Posted by m9ramen View Post
i love bitcoin!
Quote:
Originally Posted by Karle12 View Post
I would accept bitcoin as a payment but most people do not know much about it and how to get it


Check out how to buy bitcoin article here:

https://thecryptocurrencyforums.com/...s-buy-bitcoin/
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Old 20 November 2017, 06:44 AM   #28
m-abz-t
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Ah damm.. I finally decided to post an ad in sale section here to sell my Dj 16013 for Bitcoin but have no sufficient privileges! lol Doh!
Anyone recommend anywhere else I can post / sell my Rolex for Bitcoins? Ive already posted on ebay. Thanks
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Old 23 November 2017, 03:45 AM   #29
gabrielnovar
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crazy to think about the price gains buy selling your rolex/bitcoin


I would consider using bitcoin now but would need a 20-30% off the purchase price due to bitcoin slated to hit 25k in a year or so
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Old 18 January 2018, 02:55 AM   #30
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Ah damm.. I finally decided to post an ad in sale section here to sell my Dj 16013 for Bitcoin but have no sufficient privileges! lol Doh!
Anyone recommend anywhere else I can post / sell my Rolex for Bitcoins? Ive already posted on ebay. Thanks
Send a bc to Steve and you can post your watch!
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