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RE: Cryptocurrency on Craigslist

in #cryptocurrency7 years ago

Bitcoin-High-Volatility.jpg

Great article...but in the event that I was a seller, I don' believe I would accept crypto due to the volatility unless I had a quick way to sell it into FIAT. Of course I'm not a HODLer, I'm a trader so perhaps it is just my mind set..

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Well, at this point I don't think I would take it for a large purchase, like a car or something, but it would be a nice way to grow my BTC fund from smaller sales! Good points!

True, true, If I looked at the charts and felt it was on the way up, sure I would take it.. but if I saw the opposite no thanks.. I like BTC, but to me its just a thing.. nothing special.. a means to an end, a commodity that is worth a set amount at a certain period in time..

This is a pretty significant step in the direction of goods costing, say, 1 ETH and no one caring what that old fashioned Fiat number beside it means...

ETH, will never make it as a payment method for goods.. LTC maybe, ETH is B2B mostly.

You're right... I was just using ETH as an example. I think Cryptokitties showed that ETH probs can't handle being a payment method.

Yeah I think visa does like 25000 transactions per second and Eth can do 15 or 20...

So IOTA... the one with the headache wallet

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