Bitcoin as a mode of payment - page 17.

shesheboy

full member

Activity: 714

Merit: 114

Quote from: welljo0108 on January 20, 2018, 09:11:52 PM

Quote from: mashort on November 08, 2017, 03:59:06 AM

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Yes it can be used to mode of payment actually its easy but for those who want to save bitcoin i dont think they can used it.

bitcoin is actaully built for one main purpose and that is for payment method therfor it is the best to used as a payment method to buy or pay for someone even sending money internationally or locally. im also like you op i just want to recieve my salary as a form of bitcoin rather than any other payment methods like paypal because it is much easier and fast to use bitcoin the value of bitcoin is also rising and you have a chance to double up your balance.

welljo0108

newbie

Activity: 14

Merit: 0

Quote from: mashort on November 08, 2017, 03:59:06 AM

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Yes it can be used to mode of payment actually its easy but for those who want to save bitcoin i dont think they can used it.

usechain

full member

Activity: 246

Merit: 102

I think Bitcoin is a good idea as a payment method, but it is also flawed, such as high transaction commissions, late trading, etc. It also needs to be refined more.

Bella Thorne

full member

Activity: 378

Merit: 100

Quote from: Freyya08 on November 09, 2017, 12:18:47 AM

Having bitcoin as a mode of payment is a perfect idea. By this, purchasing or doing certain transactions is easier and safer, less hassle. This offers convenience not only to the buyers but also to the sellers and since bitcoin is being used, both parties can also gain profit from it of they choose to hold on to the coin for a little while.

I think bitcoin as a mode of payment would be really great. It would be a hassle-free transaction and it would bring a lot of convenience to all bitcoin users. It also promotes fast and secured payment system.

Tharel

member

Activity: 182

Merit: 12

Since I don't have credit card, I prefer to use bitcoin as payment method because of high level of security and safety plus nobody is allowed to manage my transaction except me alone.

tachi641

full member

Activity: 266

Merit: 100

Unfortunately, not many employer or companies are paying or accepting bitcoin. But, I can see an increase in paying bitcoin for freelance work which is good for the community.

Hubbanedy87

newbie

Activity: 19

Merit: 0

It's not really doing great as a mode of payment right now, but wait til the lightning network comes in. I would bet that Bitcoin will be back to being the most trusted and highly used payment method out of all cryptos.

Savemore

sr. member

Activity: 952

Merit: 274

Quote from: mashort on November 08, 2017, 03:59:06 AM

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

One of the main goal of bitcoin is to use it in daily payments. Bitcoin is now becoming more popular than before and I know that many people will use bitcoin as daily payment in the near future.

fuding12

member

Activity: 133

Merit: 10

Bitcoin has become a very precious currency. bitcoin becomes an option to use as a payment method. In addition, we all agree that it would be nice if we are paid with bitcoin. Because, as you say that it will be like pay twice as much, even many times when the price becomes very high.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: adjudicator on January 15, 2018, 08:40:48 AM

Quote from: mashort on November 08, 2017, 03:59:06 AM

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Yeah it is cool you dont need to hold your wallet and pick your card or your cash you only need is to get their addresss and send your payment, I think it is awesome to do that. It is much easier and really quick.

It is more preferable mode of payment if this comes to the online jobs or freelancing. This is because paying via the bitcoins can bring out two appreciable consequences that is firstly the employee’s confidence would build up in a positive manner and he would think of working more and more for the company or the organization because as all of us today are well aware of the importance of Bitcoin, he or she must know that it is of great benefit to work for the sake of Bitcoin.

On the other hand such activities ensure a regular circulation of the wealth in the society so that it does not get mounted up at one specific place.

danggoron

full member

Activity: 560

Merit: 102

Using bitcoin as a payment mode has a positive and a negative side because the price is very volatile. How to adjust it to the nominal you should get in fiat? It makes me confused.
If it is used as an investment, and you have income from other jobs then it is very good.

mariah.sadio

full member

Activity: 573

Merit: 105

I also use bitcoin when I do tasks and receive payments from different person. Bitcoin helps me receive money in a faster way and all the tasks I do is being paid by either bitcoin or other cryptocurrency like ethereum and tokens. Bitcoin is one of the good and smartest way to be paid.

senin

full member

Activity: 938

Merit: 137

In my opinion, recently everyone has already made sure that bitcoin as a means of payment is no good. Transactions of it hang hundreds of thousands, the average cost of commission fees before donation was about forty dollars. For example, since January 1, I still have a transaction with the recommended fee and I do not know when it will end. Therefore, I believe that bitcoin does not fully perform its basic function as a means of payment. It urgently needs to improve and eliminate these shortcomings, but with this no one is in a hurry. And bitcoin because of this, while slowly losing its popularity.

Raj0621

newbie

Activity: 11

Merit: 0

In theory, Bitcoin is a very good mode of payment especially if the transactions is done online and cross country, it is a hustle free service. But right now, Bitcoin is suffering with the increase in traffic causing delays in transactions, and the transaction fees are very high. I think if bitcoin can fix this issue then, it will attract more users and developers to further improve the system.

Spades77

jr. member

Activity: 132

Merit: 1

Payments in BTC is very much welcome to me even with the price being volatile. It's a risk I'm willing to take since as per BTC history, it won't be a dissapointment.

SupahNovah

newbie

Activity: 14

Merit: 0

But the same if the price is low and you really needed the money. It's better to use bitpay or any other 3rd party payment platform. It converts your BTC payment into cash and sends it to the merchant.

gwapo.zylle

newbie

Activity: 196

Merit: 0

Yes, it is a way of mode of payment. We are in hurry to join in bitcoin because this gives us a lot of opportunities. Once you are in connected with bitcoin you have chances to commit with it. The transaction that you are going to do with bitcoin is so transparent you can avail any it depends what are going to use it. Basically for needs or for wants.

kabelpeggek

jr. member

Activity: 173

Merit: 1

if in use for all payments I think it will be difficult
as we know the snail bitcoin needs cost in every transaction
but if used as a great wholesaling it may be because it is faster and there is no shipping limit

Wish 107.5

full member

Activity: 420

Merit: 102

Quote from: hghcoin on January 18, 2018, 10:00:05 PM

I think this is a cool payment method, and I think Bitcoin is safer and easier to pay than any other currency. It is a cryptocurrency and we hope the country can promote it.

Bitcoin as a mode payment is such a good payment method. As what you have said, Bitcoin is safe and easy to be used, and if it will be allowed to use Bitcoin worldwide; people will manage this time better.

yubsep

sr. member

Activity: 658

Merit: 251

Quote from: mashort on November 08, 2017, 03:59:06 AM

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Bitcoin is a great payment method, but the problems are TPS and scalability. I hope all website such as amazon, apple store, ebay and other websites using bitcoin as payment method in the near of future.

Topic: Bitcoin as a mode of payment - page 17. (Read 4364 times)