Comment · Tue, October 24, 2017
How long will credit card processing be down for? I've heard it might be down for good. Is this true? And if it is, might we see the return of a number of products?
What they were answering
Espyonaj · 2 points
I see. Thank you for the explanation. Well, I know it's easy for me to say, not being in your position, but speaking selfishly as a customer and a fan, I think we'd prefer a crypto-only Ceretropic with a full complement of new and exciting compounds from the community's #1-trusted seller vs. no Ceretropic at all.
And while I understand that it may not sound sustainable at the moment to press the pedal down on a crypto-only Ceretropic given the current adoption-rate of cryptocurrency versus legacy payment options, just look at how many people you've already converted just by virtue of the hiccups Ceretropic and ND have experienced. If you were to announce that Ceretropic will be accepting crypto-only, but with new products coming down the pike, I think you might be surprised by the amount of converts you would have. And perhaps if you were able to transition all of Ceretropic's more standard "nootropics" product lines to ND, then perhaps that also would make it more of a stream-lined operation that could be supported by a crypto-only revenue stream.
As I'm sure you're well aware, the network effect very much applies to the adoption of crypto-currencies. You're absolutely right that it's the wave of the future. We all hope that you will maintain Ceretropic and let it ride the wave!
u/MisterYouAreSoDumb
Trust me, nobody wants Ceretropic to keep going more than I do. So I am certainly trying. As it stands, our sales are down 90% from when processing was up. If I could double the people willing to participate in crypto, that still leaves sales down 80%. Then I also have to liquidate the crypto for fiat to help cash flow, but that is not exactly easy for us at the moment either. It would be nice if everyone just decided to get into crypto for us, but the reality of the situation is that people like you are the exception to the rule, unfortunately.