Quote from: HarryFlashman on June 26, 2017, 01:26:44 PM

Our experiment with BTC is over. We accepted BTC in 2 of our on-line stores and after losing hundreds and possibly thousands of dollars we are removing BTC acceptance. Stores were selling card access products and chip cards.
Simply by the time somebody buys something and gets confirmed and we manage to exchange BTC at Canadian Kraken we are at loss. So goodbye Bitcoin, going back to PayPal and credit cards only.

A Newbie account that was made to post and claim that Bitcoin sucks, well done.

This type of problem that you are stressing is not that difficult to handle. Some company or something that provide instant BTC-fiat services to businesses will come handy to your concern. Japan formally accepted Bitcoin as a mode of payment right? So they handled this type of issue.

Yes, Bitcoin is very volatile and with just a blink of an eye you can gain or loss. And if you are accepting it as a payment, you have to deal with it rather than telling that it sucks.

Quote from: HarryFlashman on June 26, 2017, 04:59:25 PM

To answer to everyone:

We pay equipment with hard dollars so yes we need to exchange BTC into USD, often. Many suggested to speculate and wait until BTC goes up and exchange with great profit. One person even broke it down into "idiotproof" transaction, (1) get at $1000 value, and next day it is $1500 and voila, 500 dollars profit without moving a finger. Amazing, how we never came up with such idea?! Or even guy who paid 10000 BTC for pizza as someone suggested.

How about selling something at $2750 value (like just 2 days go) and getting $2320 value (as of right now)?? (2) How that sounds for great opportunity to get what's money worth?

We post to exchange BTC about 1/2 - 1 hour after confirming transaction and in dropping market whatever value one puts to trade out gets unfulfilled. So for all practical reasons there is no stability in BTC transactions at all. Everybody here assumes that BTC is going up all the time and that is simply not true. Just week or 10 days ago it was almost 3000 dollars. Now it's 25% less.

By the way all prices in the stores are USD, people send 100 USD in BTC as their wallet is telling them at that moment. Sometimes buyers speculate and pay tomorrow or in 2 days. After we noticed that trend we warned everyone that quote is good for 1 hour, but even that is not good enough. (3) Anyway, we'll take it out. Yeah it's great but really not worth it.

1. You have a wrong point of view about Bitcoin. Bitcoin does not work that way. Bitcoin is volatile and it changes its value up or down within minutes. No one guarantees that a $1000 value will become $1500 overnight. That "one person" just gave you a honey about Bitcoin and it seems no hatchet was given. It seems that you did not look into Bitcoin and just believed on that "one person" for his/her "idiotproof"

2. Again, volatility. There is no certainties in Bitcoin. Do some research.

3. It's your call. You engaged in Bitcoin the wrong way I guess.

I suggest you stick around in this forum for a while. Maybe knowing Bitcoin deeper will help you with your experiment. This forum will educate you about Bitcoin. But be careful, some are trolls around here that spreads wrong information about Bitcoin.