Posts by juliusliu

    Bitcoin has long been known to be the most valuable of cryptocurrencies, indeed, regardless of the time and value of the issue. More importantly, its limited nature, with a total of only 21 million in bitcoin, can be said to be very precious.

    The price of Bitcoin has risen and fallen, and it seems to be commonplace. After experiencing the lowest price this year, Bitcoin rose again. It broke through $8,400 yesterday. When it reached $8404, it encountered resistance, so there was a downward trend. As of now, the price is $8,186. Year-on-year decline, but with the regulation of the government's cryptocurrency, Bitcoin will become more mature, Wall Street investor Tom Lee is also full of confidence in Bitcoin, so tomorrow, bitcoin price is more than 8,500 US dollars, it is absolutely possible .

    I even think this is a conclusion, the price of bitcoin will definitely rise. Just like "former tulip hype".

    Hey, I don't understand your problem... Merchants using different payment methods that the authoritys currency are gambling somehow when holding the different currency like bitcoin.

    You as a merchant have fix prices for your products... When you now offer an alternate payment method like bitcoin, the bitcoin prices of your products fluctuate like the bitcoin price. So if bitcoin price rises, your products cost less bitcoin and they will cost more when price falls... So the best thing, when you as merchant don't want to gamble (get less for your product when bitcoin price falls) so you do your best to immediately exchange any bitcoin you get for your products to fiat money... In this case you won't get any Problems... As costumer you do the game in opposite way when paying in alternate currency... In one case you can get lucky, cause price falls and you got a 1000$ product for now 500$ worth of bitcoin. In other case you will be sad cause now bitcoin is worth 2000$ and you just payed twice...

    This is a question worth discussing. Thank you for your answers and reflections on my questions. At the beginning of your comment, "What you mean is that the product is like bitcoin, and the price is speculative. It is changing." When I got to the back, "If the bitcoin price drops, I need to pay twice." I feel that you mean the price of this product is fixed. So this is a problem that has yet to be resolved.



    Yes, if the speculative nature of Bitcoin still exists, it will be used to make payments, and many contradictions will occur.

    More and more people are curious and questionable about one of the uses of cryptocurrency, namely for payment. In general, the prices of the goods and services we purchase are constant, and the purchasing power of legal tenders remains constant for a long time, so it is accepted that the use of fixed currency to measure the value of goods.

    However, the price of cryptocurrency, such as bitcoin, is very volatile. From the data of bitcoin spot price history , The lowest price of Bitcoin under the 6,000$, and the highest is nearly 20,000$. Such large price fluctuations can be achieved even if Trading, but it is also difficult to show fairness. Great changes in prices can cause great instability.

    Many products now support unconditional refunds in the short term. If someone buys a $1,000 product in Bitcoin, they use a bitcoin (1btc = $1000). After two days, the price of Bitcoin suddenly double (1btc = $2,000). At this time, the customer asks the merchant to return the refund. The refund amount is a bitcoin, and the customer can sell the bitcoin, get 2000 dollars, and re-purchase the product with 1000 dollars, compared with the previous two days. The amount of funds has not changed, but Equivalent to getting the goods without spending money.

    1. It is obvious that the price has risen. Everyone has seen an increase in the price of Bitcoin, including merchants. Then, will the merchants refund a bitcoin at this time?

    Perhaps the merchant will forcibly withdraw $1,000 and leave that bitcoin.

    2. In another case, someone bought a $1,000 product in Bitcoin and used a bitcoin (1btc = $1000). After two days, the price of Bitcoin was $500, and the price of the product was still $1,000. Then, in order to maintain the interest, the merchant raises the price of the product, and now a product needs 2 bitcoins.

    If there is a problem with the product, then should the merchant refund a few bitcoins to the customer?




    但是,您是否接受以加密貨幣購買商品?你會接受加密貨幣來支付你的薪水嗎? ?

    有關bitcoin spot price history(比特幣現貨歷史價格)的更多信息,請關注:citicoins

    As the cryptocurrency market has improved, the price of each cryptocurrency has also picked up. After the invasion of the Korean cryptocurrency exchange, the current news focus has been placed in other regions. Yes, India is a big country, so each cryptocurrency has hope to gain value here.

    Today's news report shows: rxp is ready to beat btc in Indi. So in the end, what kind of way to defeat than bitcoin, let's not say, let's compare and analyze from the most intuitive data:



    Bitcoin release time: 2009.01

    Ripple release time: 2011.04

    The highest historical price bitcoin: $19,535.70

    The highest price in history, ripple: $3.65

    Current price bitcoin: $6250.99

    Current price ripple: $0.439623

    The above data was obtained by the ripple price chart history and bitcoin.

    From the above data, it can be seen intuitively that bitcoin is released earlier than pipple and the price is many times higher.

    At a symposium, Birla revealed that Ripple plans to donate 2 billion XRP to India to simplify the process of introducing XRP to the country and encourage the use of cryptocurrencies. At the current price, an XRP is worth $0.44, and a 2 billion xrp is about $880 million. It is indeed very sincere. Moreover, the current cryptocurrency price is in a low state, and once it is appreciated later, its price will far exceed 880 million.


    But this will not be a big deal for India, which has a huge population, so Birla's original plan was to work with Indian banks. Later, it was discovered that in the future, people's investment will be transferred by means of mobile phone transfer. So now ripplr is targeting mobile phone providers and telecom companies.

    The biggest feature of Ripple is the fast transfer speed. In fact, this time the layout is likely to have some success. Although the price of pipple is very low now, and it has sent more funds in the way of trading with India. But it is also this move, and the price that everyone can afford, the easiest to cultivate people to use ripple coin. Once such trading behavior is formed, it can be compared in bitcoin, but this is a lot of time cost, and people's payment habits are more difficult to change. For details of the specific changes, we can use the ripple price chart history to analyze.

    We all know that one day, there will be a cryptocurrency to replace the position of Bitcoin. Nowadays, many cryptocurrencies focus on the price, and the ripple really cultivates the payment habit of using XRP, perhaps replacing the encryption of Bitcoin location,perhaps the cryptocurrency is XRP.