Dogecoin etc

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Broccers
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Re: Dogecoin etc

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Rich B wrote: Fri Sep 03, 2021 9:52 am
Broccers wrote: Fri Sep 03, 2021 9:47 am The above dude seems to have doubled his money quite quickly. If only I had done the same :lol:

It does raise an interesting topic about actually being able to spend day to day. The new contactless limit of 100 quid surely makes buying things from your crypto wallet more of an option than before. Trouble being not many places accepting it, yet. Won't be long tho I guess.
why would places want to take crypto and why would you want to use it for day to day stuff? Prices are still in sterling and crypto is still basically an investment rather than actual currency.
They do and it will continue to grow. Why? There's a requirement for it.
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ZedLeg
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Re: Dogecoin etc

Post by ZedLeg »

There isn't a demand for it. We offered crypto payments on our store for while but uptake was incredibly low so we stopped bothering.
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Rich B
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Re: Dogecoin etc

Post by Rich B »

Broccers wrote: Fri Sep 03, 2021 9:55 am
Rich B wrote: Fri Sep 03, 2021 9:52 am
Broccers wrote: Fri Sep 03, 2021 9:47 am The above dude seems to have doubled his money quite quickly. If only I had done the same :lol:

It does raise an interesting topic about actually being able to spend day to day. The new contactless limit of 100 quid surely makes buying things from your crypto wallet more of an option than before. Trouble being not many places accepting it, yet. Won't be long tho I guess.
why would places want to take crypto and why would you want to use it for day to day stuff? Prices are still in sterling and crypto is still basically an investment rather than actual currency.
They do and it will continue to grow. Why? There's a requirement for it.
the highest profile company that accepted Bitcoin was Tesla, who now don't. Why do you think there's a requirement for it?
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Broccers
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Re: Dogecoin etc

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Use google :D but just in case you two bandits cant click this link https://gadgets.ndtv.com/cryptocurrency ... ne-2516578
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Rich B
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Re: Dogecoin etc

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Broccers wrote: Fri Sep 03, 2021 10:25 am Use google :D
This is why people don't engage with your daft posts, I ask for your opinion on why you think there's a requirement and you basically respond with "because there is" and "ask google".
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ZedLeg
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Re: Dogecoin etc

Post by ZedLeg »

Also ignoring first hand experience of a business that tried taking crypto payments :lol:
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Broccers
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Re: Dogecoin etc

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1 business v 85000 merchants - yes thats a strong argument to say theres no requirement.

Hey ho lads - discuss the subject tho by all means :D
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Rich B
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Re: Dogecoin etc

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Broccers wrote: Fri Sep 03, 2021 10:25 am Use google :D but just in case you two bandits cant click this link https://gadgets.ndtv.com/cryptocurrency ... ne-2516578
Answering this edit, it sounds like Worldline accept Bitcoin and 85k of merchants in Switzerland use worldline for their payment systems. Presumably those retailers get proper currency through to them.

I expect WL will quickly stop accepting it when the value is dropping.

Where have you spent your Bitcoin Broccers?
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Broccers
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Re: Dogecoin etc

Post by Broccers »

Rich B wrote: Fri Sep 03, 2021 10:39 am Where have you spent your Bitcoin Broccers?
Silk road :lol:
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ZedLeg
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Re: Dogecoin etc

Post by ZedLeg »

It doesn't even say 85000 merchants are accepting bitcoin just that they can.

What amounts to a puff piece for a merchant services company compared to experience from a company that ships worldwide and is on target to turn over $65mil this year. I don't think we'll see a rush of new retailers offering crypto payment :lol:
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Re: Dogecoin etc

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ZedLeg wrote: Fri Sep 03, 2021 10:54 am I don't think we'll see a rush of new retailers offering crypto payment :lol:
Your opinion. Mine is they will in time https://www.bbc.co.uk/news/technology-58277631
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Rich B
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Re: Dogecoin etc

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Broccers wrote: Fri Sep 03, 2021 11:03 am
ZedLeg wrote: Fri Sep 03, 2021 10:54 am I don't think we'll see a rush of new retailers offering crypto payment :lol:
Your opinion. Mine is they will in time https://www.bbc.co.uk/news/technology-58277631
If a very forward thinking company like PayPal are still hesitant about actually using it as currency after 12 years, then it suggests that it's far from a rush!
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Broccers
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Re: Dogecoin etc

Post by Broccers »

Right, so no rush but moving towards accepting it. My point.
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Re: Dogecoin etc

Post by V8Granite »

The sex industry definitely will. Anonymity for when Brian from accounts wants to watch 300lb hairy ladyboys on the down low.

Dave!
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Jimmy Choo
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Re: Dogecoin etc

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V8Granite wrote: Fri Sep 03, 2021 4:38 pm The sex industry definitely will. Anonymity for when Brian from accounts wants to watch 300lb hairy ladyboys on the down low.

Dave!
Brian? I should have known he was a bit dodgy, even by my standards.
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ZedLeg
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Re: Dogecoin etc

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Bitcoin value has dropped by like 12% overnight, who said it isn't stable :lol:
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Re: Dogecoin etc

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ZedLeg wrote: Wed Sep 08, 2021 7:22 am Bitcoin value has dropped by like 12% overnight, who said it isn't stable :lol:
I guess those El Salvadorian farmers will go a little hungry tonight!
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Re: Dogecoin etc

Post by NGRhodes »

Someone dumped 17mil ADA yesterday afternoon which caused a mini crash across the major coins late yesterday afternoon.

I withdrew all my (pocket money amount) coins (spread across BTC, ETH and ADA) just after it happened as I have only just got back to a break even point from just before a few months ago when I got hit by the last price tumble.
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Re: Dogecoin etc

Post by V8Granite »

Mine dropped about 30% in total over the last few days. It’s not all bad news though as the coin burn from panic sellers or pump and dump types has given me a few hundred more.

If you try to delve deep into the whole thing though then it gets more and more confusing as you go.

Dave!
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