What vendors do you wish accepted BitCoin?

[lukep]

It doesn't matter which way you price it. In BTC or USD. If what you are doing takes 3-4 weeks to do, and the price is doubling or halving in that same period. Someone is winning and someone is losing hard. Especially if you need to pay other subcontractors in USD.

Even if you do really great work. If the person pays you, and then the value rises. They're going to feel ripped off.

You're really not getting this mate.

Don't even look at the rate of exchange until the day of payment. Price it as "$100" (Payable in bitcoin) and then at the very instant it's time for them to pay, at THAT TIME ONLY show them the price of $100 worth of bitcoins to pay.

Without the prior thought of what $100 worth of btc equals, they won't have a comparison point.


Sadly this process will be useful until bitcoin stabilizes. Don't look for that stabilization for years, perhaps 2017 at the soonest.

 

[droplister]

But this nigga likes to get paid upfront. And then there's the time until delivery.

 

[lukep]

But this nigga likes to get paid upfront.

Then I'd advise you to hold onto the coins since they're more likely to appreciate in that time.

And then there's the time until delivery.

Wha? Are you talking about the blockchain confirmation time? What does this barbaric phrase even mean in this day and age?

Plz just watch the Bitpay vid; the flexibility of their merchant options is astounding.

 

[CCarter]

Wha? Are you talking about the blockchain confirmation time? What does this barbaric phrase even mean in this day and age?

Plz just watch the Bitpay vid; the flexibility of their merchant options is astounding.

He means time to delivery for the work that he is getting paid upfront for.​

 

[dmnEPC]

But this nigga likes to get paid upfront. And then there's the time until delivery.

As long as you make it clear there shouldn't be a problem. If you are not comfortable leaving it in BTC during that time it take to complete then cash em in. Be completely transparent as to the buyers and your expectations. I dont think you should have any expectations to pay for his "opportunity costs". It doesnt matter if you get paid half upfront and half upon completion.

The payment is always based on the USD at the time of payment. The change in BTC prices between has nothing to do with your agreement to the buyer. Just make sure you're crystal clear with the buyer. And never ever promise a certain amount of BTC.

 

[o hai guyz]

Hookers. What a glorious day that will be.

 

[Kiopa_Matt]

But this nigga likes to get paid upfront. And then there's the time until delivery.

Probably 80% of my income is BTC right now, and it works fine. Actually, I love it, and prefer it much more over other methods like PayPal. It's like instant, virtually free, irreversible, hassle free wire transfers. Couple clicks, it's in fiat currency, and a couple more clicks, within 24 - 48 hours it's sitting in my bank account.

When I write a proposal, I quote in USD, and that's the amount I expect to hit my bank account. If BTC plummets during the project, and the client needs to send me 3 times as much to cover the invoice, then too bad for him, and not my problem. If the client wants, they can send me a wire transfer instead.