Re: Interesting conversation with a retailer who formerly accepted Bitcoin
This is an incredibly useful thread, with lots of insight. Sad about the retarded arguments of old (volatility doesn't matter if you live in BTC world LOL, the US$ might lose all its value overnight, etc etc).
...and now he's using Bitfloor.
That's a really shitty run of luck.
NMTea - What do you have that would be comparable to Peet's Yin Hao Jasmine?
Yes, I was using bitfloor, and I had not cashed out any of the sales yet. In fact I had more orders then I knew I had because my staff just fills them as normal, (I go in after the fact to do all the bitcoin accounting stuff), and I had not checked it in a few weeks.
Its funny now... rereading about how unlikely it would be for bit-coin to drop in value by half... well my bit coins dropped in value by 100%.
I just lost a few hundred dollars, so its not the end of the world, but it has left a bad taste. I am never going to maintain my own wallet, and do all that stuff by hand, and every exchange has been hacked... not sure whats left to do?
Hopefully bitfloor will come back online!
Jasmine:
Similar quality cheaper price: http://www.nmteaco.com/Jasmine-Moli_p_168.html
A similar price, but a better tea: http://www.nmteaco.com/Jasmine-Pearls_p_169.html
It's really unfortunate that we have these issues happening periodically. I hope you don't give up just yet, and that you recover your funds.
I used Mtgox and my bit coin last year, both got hacked right after I sold all my coins.
...and now he's using Bitfloor.
That's a really shitty run of luck.NMTea - What do you have that would be comparable to Peet's Yin Hao Jasmine?
Yes, I was using bitfloor, and I had not cashed out any of the sales yet. In fact I had more orders then I knew I had because my staff just fills them as normal, (I go in after the fact to do all the bitcoin accounting stuff), and I had not checked it in a few weeks.
Its funny now... rereading about how unlikely it would be for bit-coin to drop in value by half... well my bit coins dropped in value by 100%.
I just lost a few hundred dollars, so its not the end of the world, but it has left a bad taste. I am never going to maintain my own wallet, and do all that stuff by hand, and every exchange has been hacked... not sure whats left to do?
Hopefully bitfloor will come back online!
Jasmine:
Similar quality cheaper price: http://www.nmteaco.com/Jasmine-Moli_p_168.html
A similar price, but a better tea: http://www.nmteaco.com/Jasmine-Pearls_p_169.html
It's really unfortunate that we have these issues happening periodically. I hope you don't give up just yet, and that you recover your funds.