Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
NotLambchop
on 08/02/2015, 00:41:35 UTC
Quote from: Spaceman_Spiff on February 08, 2015, 12:25:04 AM
Quote from: NotLambchop on February 07, 2015, 11:55:46 PM
Quote from: dillpicklechips on February 07, 2015, 11:52:34 PM
Quote from: NotLambchop on February 07, 2015, 11:49:51 PM
When you said "purchase everyday things," I didn't realize you meant meth and child porn.  I stand corrected Undecided
As far as less shady stuff?  Those merchants accept dollars, not BTC.  That's why the BTC price is calculated for you at the moment of purchase from the real price.
I did mean everyday things. You said illegal items. I asked for proof. Non provided. Whatever, I'm off to do other things. Have a good day!
When was the last time you bought milk, butter or gas with bitcoin?  And I don't mean through a payment processor.
I know those coins get converted to fiat, but how is using a payment processor not 'using bitcoin to purchase things' ?  
Pretty weak comeback NLC, I expect higher quality trolling from you.

Because you're using dollar or pound  or euro  to buy things.  That's why those things are priced in dollar  or euro  or pound, and BTC price is calculated at the exact moment you initiate the transaction.
If you enjoy the game of buying BTC with your money (paying a fee for the privilege), handing that BTC to a payment processor (which also profits from the deal because not charity), which, in turn, converts BTC to real money & pays the merchant you transact with, so that you can risk your money yet again on some shady exchange while BTC price pogoes around like it does ...breathe... you be my guest, but don't expect me to take your game seriously Undecided