Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lay785
on 02/07/2014, 09:33:15 UTC
What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.

You absolutely have, you just aren't aware of it.  Merchants are charged fees by the CC processors and those are passed onto you, the customer.  Don't think you're not paying for that shit one way or another just because you don't see the charge first hand.

Not only will merchants begin to offer bitcoin discounts because of the lower overhead compared to cc's but as A. Antonopoulus explains once the rising (deflationary) value of bitcoin is recognized by merchants they will have as much incentive to obtain bitcoins vs. fiat as hoarders have and will discount bitcoin prices accordingly.
I hope you are correct. newegg are being "great greedy guts" for not offering any discounts yet saving substantially on fees.

To get a discount at the moment can you keep your items in cart and only checkout and pay when bitcoins rise for a few minutes above current pricing TongueHuh



that is an idea.....buy bitcoin on coinbase...hope/wait for next rise (the usd you bought btc for at least mentally was for the old say laptop purchase on newegg) ...bide your time...

viola ..you have taken the usd you would have paid for the laptop on newegg.com but you waited..if really lucky btc goes up 1/3 on this set aside usd for a laptop..you make a killing

(too much planning)

but hey it is possilbe (if you are all like us and believe btc will go up ) kinda a btc 'faith/growth' kinda deal 'washing' your USD you'd use to buy laptop anyway in more valuable (hopefully) btc when you pull the trigger and get it from newegg...call it "get a coupon for ??>?  off via btc timing"

again I impulse buy so it won't work...for those of you with OCD it will work just grand...... Smiley

Searing

You are quite right. that would in all likelihood work. I impulse buy as well so I wouldnt have the patience necessary for this method :p

However you have potentially found a reason why bitcoin can be more financially beneficial for consumers even with no clear discounts. Good job!