how does bitcoin work?

so how does this work? I am confused with how to price, I was in the bitcoin converter (https://coinmill.com/BTC_USD.html#BTC=.00027), kind of got an idea, but then I was wondering how would I tell my buyers how much bitcoin for an item?
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bitsofchange
Registered Buyer

Re: how does bitcoin work?

Hi Rose,

Please check out my earlier thread on this below:

https://www.etsy.com/teams/10366/bitcoin/discuss/18115727

That refers primarily to Blockonomics.co as a way to generate professional, hosted invoices for your customers, but you can also use many wallets including Coinbase, Blockchain, and Airbitz to generate payment requests for your customers. The main difference (besides not being hosted) is that wallet payment requests will calculate the equivalent bitcoin amount when you create the payment request. Blockonomics, on the other hand, will continuously update the requested bitcoin amount to stay current with the market at the time the customer actually pays.
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