Saturday, September 20th, 2025 08:42:13 AM EST

egc4vape

 

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  • #1360
    egc4vape
    Participant

    Steven thank you for the time and effort to respond to my question.
    Now I understand how the payment system works !

    #1349
    egc4vape
    Participant

    Maybe I am not explaining the concept correctly or do not understand the existing payment process.

    lets set a senario…

    “B” is the buyer and “S” is the Seller/

    B has EGC and wants to buy a product/item.

    B goes to checkout and fills the Billing Details and any Additional Information.
    The selects cointopay and sends them the amount in EGC.

    How dose the seller get the amount in his wallet?

    As a seller i have to set a price in USD and cointopay can change it at any rate they please (just like paypal in fiat situation) which meses up the hole concept of cryptocurrency.

    at the moment https://evergreencoin.org has the price ratio at 0.00980281 while a certain alt market has it 0.06 and thats quite a spread!

    I would love to sell a item for 11 egc and get that amount.

    I believe that EGC have a future and thats why i am attempting to suggest a more transparent Payment process.

    BTW I want the webpage to “monitor” the transactions in the favor of transparency I never suggested under the counter payments.

    • This reply was modified 8 years, 6 months ago by egc4vape.
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