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Alt Coins for Payments?
Baked
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Aug 4, 2015 08:37 PM
Why don't you sell your OMC here on HF for a small discount then you can convert it to cash while giving it value to people that want stickies.

Personally I see this causing you to lose money IRL if you're willing to do that then for sure I agree, but from business standpoint I think it wouldn't be that good of a move. Stick with coins that have real good value; having awards with Alt coins is fine but making stickies and upgrades should strictly be a valued currency in my opinion anyhow.
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Aug 4, 2015 08:40 PM
(Aug 4, 2015 08:37 PM)Baked Wrote:  Personally I see this causing you to lose money IRL if you're willing to do that then for sure I agree, but from business standpoint I think it wouldn't be that good of a move. Stick with coins that have real good value; having awards with Alt coins is fine but making stickies and upgrades should strictly be a valued currency in my opinion anyhow.

I don't see how this would be an issue, Omni already stated CoinPayments can handle that and he wouldn't be losing any money.

(Aug 4, 2015 02:29 PM)Omniscient Wrote:  I'd exchange them to BTC daily. Coinpayments now offers the immediate option to exchange which is why I'm considering it. I also don't take enough payments in day to take massive losses.
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Aug 4, 2015 08:41 PM
I think it's a great idea. Since I think both LTC and Doge will get much more popular soon.
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Aug 4, 2015 08:45 PM
I think this is a good idea Omni, as this will make you more sales on your behalf, and give a wider range of payments to accept. In my opinion, this is a good idea.

I'd just make sure you have a stable exchange method for the Alt coins, and you'll be sweat dude.
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Aug 4, 2015 09:03 PM (This post was last modified: Aug 4, 2015 09:55 PM by CRT.)
Meh, not really a big fan. I rarely use BTC myself as it is, so i'm neutral if im honest. Although from a business stand point, it's a great way of expanding your current income. Also giving members more payment options when wanting to upgrade is a plus.
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Aug 4, 2015 11:04 PM
They aren't that popular so no from me.
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Aug 4, 2015 11:30 PM
(Aug 4, 2015 11:04 PM)Captain Steve Rogers Wrote:  They aren't that popular so no from me.

Just cuz you ain't popular at school don't mean you shouldn't exist.

smh.
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Aug 4, 2015 11:32 PM
(Aug 4, 2015 11:30 PM)$lick Wrote:  Just cuz you ain't popular at school don't mean you shouldn't exist.

smh.

Dude not much people use them.
It's useless, waste of time.

smh.
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Aug 5, 2015 12:09 AM
I have a few LTC and possibly some DOGE laying around that I could use....
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Aug 5, 2015 12:15 AM
Not a bad idea as long as you convert it to Bitcoin daily.
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Aug 5, 2015 01:39 AM
I would disagree on utilizing it and that's only because I feel we already have enough payment options, albeit, it is still your discretion. Even with the conception "the more options the better", I still cerebrate in owner perspective that payments are more stable and less hectic with fewer payment options.
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Aug 5, 2015 01:43 AM
Stupid idea. I would just stick with btc and paypal. These coins wont last long.
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Aug 5, 2015 03:20 AM
I like the idea since it will get members to use other cyrpto currency.
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Aug 5, 2015 03:24 AM
Litecoin and Doge, but... you should stick with btc to get some sort of reliability imo.
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Aug 5, 2015 03:27 AM
I can't even get my hands on the other coins, BTC is pretty easy to get with a bank acc. So I see PP and BTC as the best and only choice.
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