Quote:
Originally Posted by Sunny Day
I was surprised so many businesses selling tangible products are accepting BitCoins. The volatility alone makes it a problem. Even when BitCoins were under $1, the daily swings make it difficult to make steady profits. If you buy a product wholesale at $10 and expect to sell it at $15 and you have BitCoins swinging from $5 to $20 you have to adjust your price in real time. Not a way to make customers happy or insure you make a profit.
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Nobody here seems to understand this for some reason. And it's so simple.
You sell your product for 50 dollars in bitcoins and have it exchanged to dollars within 15 minutes. What is the problem exactly? Yes bitcoin goes up and down but you have to ge extremely unlucky to lose a lot in those 15 mins. It might happen every once in a while but it will also go up every now and then.
You people make a problem of something that isn't a problem In the first place.