Vendors that accept Bitcoin (or other virtual currency) - Page 1
Forum section: electronics / testgear

author: alreadystarted
author_rank: Contributor
timestamp: November 22, 2017, 09:15:53 pm
content: Does anyone know of any US test equipment vendors that accept Bitcoin or other virtual currencies? Preferably ones that are official brand resellers.Bitcoin is up recently and it would be nice to blow it on toys!I've found that TEquipment sells though NewEgg (who do accept BTC), but the NewEgg marketplace does not allow BTC.Fasttech also accepts BTC, but is limited to a few very aliexpress-ish items.

author: EEVblog
author_rank: Unknown
timestamp: November 22, 2017, 09:27:06 pm
content: Not US, but my EEVblog store accepts Bitcoinhttp://www.eevblog.com/store/

author: Monkeh
author_rank: Super Contributor
timestamp: November 22, 2017, 09:35:59 pm
content: Get yourself a bitcoin-loaded card..

author: EEVblog
author_rank: Unknown
timestamp: November 22, 2017, 10:48:55 pm
content: Quote from: Monkeh on November 22, 2017, 09:35:59 pmYeah, that's pretty easy these days, quite a few companies offer them. e.g.https://bitpay.com/card/

author: rf-loop
author_rank: Super Contributor
timestamp: November 23, 2017, 10:10:52 am
content: Not US but inFinland. When requested, BTC is also possible.

author: rbm
author_rank: Regular Contributor
timestamp: November 23, 2017, 11:29:26 am
content: I'd think twice about paying a merchant in Bitcoin for a product or service in today's volatile market. BTC rose 700% in trading value this year, meaning as the consumer you lost significant value in the transaction compared to purchasing that same article in a fiat currency. Better to use BTC as a commodity investment while it is still growing at this rate IMO.

author: rf-loop
author_rank: Super Contributor
timestamp: November 23, 2017, 12:28:53 pm
content: Quote from: rbm on November 23, 2017, 11:29:26 amDo you remember what happen nearly exactly 4 years ago. I remember. I sold some things with BTC. After very soon value start fast plunge down and it continue long time until after 1,5 year value was divided by 4 and at this time no one know what happen next, there was strong speculations that it may even drop more. Also today, no one know what is tomorrow. One is sure, future is not copy from yesterday. So, risk is not only in buyer side. Risk situation is bipartite. Future is not copy from history. So, be extremely careful when accept BTC or other crypto for payment. Both parties need high level warning.

author: tequipment
author_rank: Regular Contributor
timestamp: November 27, 2017, 10:19:02 pm
content: We are thinking of taking bitcoin. My question is.. who would use it?EvanTEquipment.NET

author: alreadystarted
author_rank: Contributor
timestamp: November 27, 2017, 10:33:26 pm
content: It seems a number of various vendors have come up with a formula:* Use bitpay (or other bank partner) as a processor, vendor gets paid in USD/fiat.* Refunds only in store credit in fiat (to protect vendor from fraud).As to who would use it? Impossible to say without an experiment. Perhaps bitpay would share some backend data on use with a potential partner.Personally I often pay with bitcoin on Steam and with Newegg.Edit: Naturally there are likely to be some customer service headaches, and training for service people. For instance when btc fee is set low; but bitpay does a good job of notifying the customer and explaining the delays. Bitcoin in general is still a little rough around the edges.

author: chriswebb
author_rank: Unknown
timestamp: November 27, 2017, 10:39:59 pm
content: Quote from: tequipment on November 27, 2017, 10:19:02 pmFrom the way the OP asked, it sounds like he would. If he would, there are most likely others as well. With your company being technology related, your customers are probably more likely than say someone from a furniture store. Besides the time to implement and support, what else would prevent you guys from implementing it?