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Re: Why would customers use Bitcoins?
by
whoreble
on 05/05/2016, 21:18:40 UTC
Just go to the website and... Never mind here is an SS:
The high price is what you pay, the low price is what bitcoiners pay

[IM G]http://i64.tinypic.com/21oalqd.jpg[/img]
So pay by check? Same price as BTC, plus legal recourse when Amagi doesn't deliver. Why would you want to pay exchange fees and go through the rigamarole of buying BTC?

Oh, listing the price as $698, without mentioning the 3% added at checkout? That's what I'd complain about.

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The customer always pays. Every other entity in the deal is there to make money. It may not be on the tag, but it has to be factored into the price. If the merchant is not sharing the benefit of using BTC then I would complain.
You complain?! If the merchant wants to make more money off bitcoin users, he's free to do so. You do understand that a business is not a charity, charging as much as the buyer is willing to pay is simply sound business practice. You might as well complain that Amagi makes too much profit.

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I can't say much about Amaigi's business. Other that they have handled tens of thousands of dollars of my BTC and have come through every time. If they did try something illegal then Tony (BitPay) would drop them. BitPay is a good business I trust, but it's not their job to settle disputes. If I wanted money back I would use the courts.
All the people in the "Scam accusations" section of this forum also say they'll use the courts. In reality, that nearly never happens, and, when it does, they're never made whole. Versus a phone call to your CC, which works without fail, almost instantly Smiley

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If Amagi is your concern then try http://www.jmbullion.com or https://www.bitgold.com. You will see the same discount.
What you are talking about now is a business that takes BTC and not BTC itself. You are overpaying compared to those of us who use bitcoin.

Well sure, that's the topic, "Why would customers use Bitcoins?" Even in your chosen scenario -- dealing with a bitcoin enthusiast who is also a metals dealer -- paying by check proves cheaper than paying with BTC.
Once we take into account that you have to *buy* BTC, incurring exchange fees & time to set up exchange account, risk of exchange goxing u up the a, or having to use localbitcoins (typically more than the 3% you would have paid for CC/PP transaction, plus risk of getting robbed), bitcoin stops making sense altogether Undecided