Bitcoin

Out of context: Reply #1066

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  • drgs0

    https://www.reddit.com/r/Bitcoin…

    "I asked the bartender/owner if I can pay with bitcoin and he's like 'yeah, no problem'.

    I had ordered two drinks. The bartender hands me an ipad with a bitpay QR code.

    I opened up my Coinbase app that I had moved $100 into today specifically for in person payments.

    My drinks came out to $15.50 with tip.

    The Bitpay app requested 0.0012 BTC (Current price is $16,500). When I put that amount into the Coinbase app it said the USD value was $35. I couldn't figure out why it was $35. So I switched the interface to allow me to just enter a USD amount.

    I entered $20, cause I was slightly drunk and said, oh well, I'll pay more. After I hit send I looked at the transaction and it said it was pending for $51. WTF?

    I asked the owner/bartender how this was gonna work since it was going to take 2hours plus.

    He was like "2 hours? We can't wait that long, I'll just cancel and you can pay by credit card. Also , I don't want you to pay $51 for this".

    I told him "You can't cancel, it's bitcoin. No backsies".

    He was like "Well, Bitpay says it's canceled now".

    And I said "Not sure its gonna come back through via Coinbase. I have no idea how this is gonna go."

    The owner was super great and offered to wait or try a whole bunch of things. I said "This was mostly an experiment, take my card. Thanks for doing the bitcoin community solid.".

    At the end of the day I have no idea if I got refunded. 2.5 hours later, Coinbase said the transaction went through. Turns out the extra $30 was transaction fees for $20 drinks."

    • The only story I've heard of it being used to pay for things!DaveO
    • that's what happens when you try to buy things with beanie babiesscarabin
    • See, how fuckin complicated all this crypto thing is? Its crazy. Not going to be adopted at large soon. Its a total mess from what I see since 2 weeks.Bennn
    • I know a lot of people who can't attach a file to an email. Do you think they can understand cryptocurrencies? lol yeah!Bennn
    • Chaos, total chaos at the moment.Bennn
    • Patience.
      ********
    • Imagine your grandma, her shaking hands entering that 34 characters long alphanumeric bitcoin address written on a piece of paper, to pay her bills, no backsiesdrgs
    • What? Wait, whoa... you can attach files to emails?imbecile
    • $30 transaction fee!?monospaced
    • Coinbase pockets these transaction fees?monospaced
    • Network does, when its congested, and it always is, 55 USD transaction fee at the moment
      https://bitinfochart…
      drgs
    • sounds like they are making a killing, really greatmonospaced

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