BoutCheetah

Other BoutCheetah Stuff => Suggestions => Topic started by: paranoia on August 10, 2013, 03:45:21 PM

Title: Paying for membership using Bitcoins
Post by: paranoia on August 10, 2013, 03:45:21 PM
Can we pay for our membership using Bitcoins:
http://www.bitcoins.com/ (http://www.bitcoins.com/)
Title: Re: Paying for membership using Bitcoins
Post by: Cooky on August 10, 2013, 08:13:01 PM
Quote from: nanak tatum on August 10, 2013, 07:41:53 PM
Seems untrustworthy to me.
its not untrustworthy I have seen it on TV and in newspapers before

do some research
Title: Re: Paying for membership using Bitcoins
Post by: JustRK on August 10, 2013, 08:41:01 PM
Quote from: Cooky on August 10, 2013, 08:13:01 PM
Quote from: nanak tatum on August 10, 2013, 07:41:53 PM
Seems untrustworthy to me.
its not untrustworthy I have seen it on TV and in newspapers before

do some research

they are a trustworthy company however cryptocurrency such as bitcoins are pretty risky and a pain in the butt to deal with. The values are subject to fluctuation and should a company or individual try to exchange them for actual usd there would be a .2% or higher fee which doesn't seem like much based on how this game sells, but it builds over time combined with the current exchange rate.

So it's nice that they've gained some steam and have been advertised, but it's a gamble really. Plus one bit coin alone is valued at just a little more than $100 usd at the moment. Trying to collect one or even several bitcoins would be another pain because who knows if they'll rise or fall in value while they sit unless they used them right away  ::)
Title: Re: Paying for membership using Bitcoins
Post by: qolderman on August 10, 2013, 10:14:05 PM
Quote from: nanak tatum on August 10, 2013, 07:41:53 PM
Seems untrustworthy to me.
Title: Re: Paying for membership using Bitcoins
Post by: paranoia on August 10, 2013, 10:21:42 PM
Bitcoins need to be implicated.
Title: Re: Paying for membership using Bitcoins
Post by: Epic xD on August 12, 2013, 01:49:37 AM
The value of Bitcoins vary so greatly. I remember a group of my friends and I decided NOT to invest in Bitcoins due to how erratic their value was at the time.

I'd bet that if I decided to check on their value at this given moment, their value would change greatly within 10 minutes.