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A customer asks if he can pay with Litecoin . . . ?

Posted: Sun Sep 17, 2017 9:19 pm
by ORdoll
Dear Friends

A customer asks me if pay in Litecoin. What do you think?

Perhaps Ethereum, Monero, Dash, Zcash, Peercoin possibly useful as well.

Is anyone think about this? I am interested in possible.

Kind regards,

Joyce

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Sun Sep 17, 2017 10:37 pm
by timetraveler1
JOYCE , I DID NOT KNOW OF THIS I looked it up and found this page, was from 3 days ago .
https://www.forbes.com/sites/cbovaird/2 ... f3266149bc

in the story it said The currency's price was about half the value of what it was, as far as i understand , if that's the case the currency value you get from a customer will be a lot less for your doll product , to me it sounds like it would be a bad deal for you money wise.
anyone else can chime in here with your thoughts on it , or if you think i am wrong .

also on the report it said this :

At the start of the month, China banned the use of initial coin offerings, which are token sales that companies use to raise money.

Since that time, reports have been circulating that Chinese authorities will prevent exchanges from trading on their soil.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 5:15 am
by ORdoll
Thank you much. You are good friend. But there is too much at stake for too many for crypto currency fail. See companies like www.cointed.com who open crypto ATM in Austria.

Sending dolls around world there are interesting opportunity and it might make easier for some buyer.

Other thought interested.

Kind regards

Joyce

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 5:46 am
by LDF
IMHO:

If they aren't major currencies, with stable exchange rates, then don't bother.

You do want to be able to deposit foreign currencies and then exchange them when it's favorable.

However, there's no compelling reason to deal with crypto-currencies or the like.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 7:36 am
by ZZZZ
As long as you can sell the cryptocurrency before it loses value, I don't see why not.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 8:58 am
by LJ69
I don't know much about any of these alternate currencies. If you can find a stable one it might be ok but I think it would be much safer to stick to $US, Euros, and British Pounds.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 9:47 am
by timetraveler1
i also found this .listen to this pod cast about b
Bitcoin apocalypse predictions coming TRUE!
https://vimeo.com/234062257
it still seems like a bad deal to me, the drop in value of litcoin could be why he is trying to unload them on you . i still advise against doing it. just my opinion to you.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 4:26 pm
by yougivelove
Cash is king. If "trendy x-coin of the day" actually has any value, your buyer can convert it into real money and pay you. Too much of a risk to deal with, imo.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Mon Sep 18, 2017 5:23 pm
by trauma
I see crypto currency like the .com bust.

Bitcoin is overvalued like most of the markets these days, I wouldn’t touch crypto.

Re: A customer asks if he can pay with Litecoin . . . ?

Posted: Tue Sep 26, 2017 9:57 pm
by alanseveneleven
I know a few smart people that say crypto's are a rollercoaster that will reach the moon.... and a few other smart people that say it's not physical, too volatile, and to avoid.

I believe digital currency is the certain future and that current crypto's will either be brought under government regulation or transitioned to make room for new standardized digital currencies (perhaps a single world currency) that can be regulated and tracked at every turn.

Even though values go up and down unlike physical currency, I think crypto's are here to stay and will likely make many people rich over the coming years.