Post
Topic
Board Trading Discussion
Re: Interesting conversation with a retailer who formerly accepted Bitcoin
by
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on 30/07/2012, 21:41:17 UTC
Of course, in reality, the chance of an increase in value pretty much balances out the risk of a decrease in value. If you want essentially zero risk, Tony provides that service, and it's still cheaper than credit cards.

Yes, but HOW... I would either need to shift my whole cart to a new platform, or do everything by hand (and still pay the exchange fees). Both increase costs. taking bit-pay as an example I only save .59% over pay-pal (16 cents on the average transaction.)

Perhaps, but you do save.  If the bitcoin trade volume never amount to much, you've lost nothing for trying it;

Except opportunity cost. And implementation costs. The gulf here is between hobbyists who are happy to invest their free time, and business-owners who need to know that investing time is going to bring payback. Time isn''t just money, it's risk.