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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 08:54 - 25 Apr 2018 Post subject: |
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Lord Percy wrote: | So you spent $1000 |
No, he spend Bitcoins on it.
It's one of the very few valid examples that doesn't involve the hilarious "Yeahbut I can 'buy' stuff with BTC after selling it and buying a real currency in the background."
Of course, they don't take BTC any more, so it's of quirky historical interest only, like paying 10,000 BTC for 2 pizzas. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay |
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Pjay World Chat Champion
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Rogerborg |
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Rogerborg nimbA
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Pjay |
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Pjay World Chat Champion
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owl |
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owl World Chat Champion
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Rogerborg |
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Rogerborg nimbA
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Pjay |
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Pjay World Chat Champion
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 13:51 - 25 Apr 2018 Post subject: |
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Is that your example?
Is that what you're sticking with?
No takesy-backsies.
Ready for it?
Here's how that site actually lists its prices.
https://i.imgur.com/fptNDRt.png ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay |
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Pjay World Chat Champion
Joined: 18 Jan 2016 Karma :
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Jewlio Rides Again LLB |
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Jewlio Rides Again LLB World Chat Champion
Joined: 06 Oct 2015 Karma :
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Posted: 14:21 - 25 Apr 2018 Post subject: |
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Also shows initially in BTC for me. ____________________ Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
HAHAHA HAHAHA Blew Chilly MyCrowSystems |
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 18:22 - 25 Apr 2018 Post subject: |
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Hit F5 and watch carefully. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay |
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Pjay World Chat Champion
Joined: 18 Jan 2016 Karma :
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The Artist |
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The Artist Super Spammer
Joined: 06 Jan 2008 Karma :
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Posted: 19:16 - 25 Apr 2018 Post subject: |
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Rogerborg |
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Rogerborg nimbA
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Pjay |
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Pjay World Chat Champion
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Lord Percy |
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Lord Percy World Chat Champion
Joined: 03 Aug 2012 Karma :
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 07:39 - 26 Apr 2018 Post subject: |
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Pjay wrote: | I can see clearly that they are valuing the goods in BTC. |
We can all see clearly that they are valuing the goods in Euros, and then doing a conversion to BTC, or whatever other actual currencies they accept for whatever service it is that they provide.
Pjay wrote: | Do you think that a company that sells internationally in £ and $, only values the items in one and not the other? |
Pricing is not the same as valuing. If they have stock (I doubt it, I expect they're just 3rd parties scalping a cut) then it has to be valued in one currency. The same currency that they'll use for all their accounts (if they have accounts).
They're not running their business on BTC, and they're not thinking in terms of BTC, which means they don't consider BTC to be a usable currency. We can see that clearly.
Pjay wrote: | Anyhow, you're being ridiculous, don't bother answering, I doubt I will take your answer seriously. |
I agree that ridiculous arguments are being made to try and prove a point that no rational person would take seriously. Clearly. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay |
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Pjay World Chat Champion
Joined: 18 Jan 2016 Karma :
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 10:43 - 26 Apr 2018 Post subject: |
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Pjay wrote: | we can see that the website builder has linked the BTC price to a converter from Euros. |
We appear to be agreeing that they value the goods in Euros.
As it turns out, the, uh "company" calling itself Bitdials doesn't appear to exist.
From its domain registration, it's a sole trader, one Anatoly Cypin. His VAT number is not valid for cross border transactions in the UK.
And why is this German based Bitcoin aficionado pricing his goods in GBP?
Wow such legit very trustchainworthy. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay |
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Pjay World Chat Champion
Joined: 18 Jan 2016 Karma :
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Rogerborg |
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Rogerborg nimbA
Joined: 26 Oct 2010 Karma :
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Posted: 13:37 - 26 Apr 2018 Post subject: |
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Pjay wrote: | The company that sells the watches may well have no idea the site does that. |
Are you suggesting that the value placed on them is in BTC, but for some reason that site first converts that real BTC value into a Euro amount (a curiously round-number Euro amount), and then converts that back into BTC?
As we can all clearly see, the fixed value of those items is in Euros, a real, stable currency. They'll take BTC for them, but only at an instant Euro-BTC exchange rate, liable to second-by-second fluctuation.
Don't take my word for it, that's what they say:
Please don't get confused if BTC prices in shop are sometimes not absolutely actual.
Most current exchange rates are provided at the time the invoice is generated after you fill in shipping information and proceed with payment. Mostly the rate will be better than displayed in our shop.
I'm not denying that you can buy things with BTC. The point is that even your own example of a trader who accepts BTC doesn't think in BTC, they don't value their assets in BTC, and they convert those BTC to Euros at the point of sale.
If that's the best example you can come up with, it just illustrates how far BTC is from being anything like a real currency. ____________________ Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Ste |
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Ste Not Work Safe
Joined: 01 Sep 2002 Karma :
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Pjay |
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Pjay World Chat Champion
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Ste |
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Ste Not Work Safe
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Rogerborg |
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Rogerborg nimbA
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Old Thread Alert!
The last post was made 6 years, 37 days ago. Instead of replying here, would creating a new thread be more useful? |
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