View Single Post
Old 12-13-2013, 11:48 AM  
DWB
Registered User
 
Industry Role:
Join Date: Jul 2003
Location: Encrypted. Access denied.
Posts: 31,779
Quote:
Originally Posted by dyna mo View Post
i'm looking at it from your customer's view. if i were that customer and looking at my btc portfolio and my purchases over the last year, i would conclude that i actually spent $100 on that $20 item.

you corroborated that with stating that customer is more valuable than a customer paying in with a credit card. in essence, that btc customer gave you their investment in btc.
Yes. However, if btc hits a point where it's stable, or drops in value, then single memberships won't be as profitable as they just were. In our case, this recent spike is what made the members worth more. It could have just as easily gone the other way.
DWB is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote