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Topic: Bitcoin as a mode of payment - page 2. (Read 4364 times)

sr. member
Activity: 910
Merit: 252
April 11, 2018, 01:54:39 AM
I think it will happen but in the future when  the bitcoin is accepted in many countries. Not all people use it and the disadvantages is not all country has a free internet access. Some countries has a free wifi, its easy for them to use it but how about other countries who live in the rural areas.
Its not only about internet acces bitcoin still using as a asset becuase of its high price speculation we cant pay in bitcoin anywhere either merchant will be profitable or customer will profitable in same day latest price chart showing 1000$+ fluctuation happening in one day so people will not use bitcoin for payment in any matter.
newbie
Activity: 252
Merit: 0
April 11, 2018, 01:50:50 AM
yes it can be a good system of payment ....
it is more easier to get payment than other currency.
it is faster than other online currency and secure also.so i think bitcoin can be more profitable as a system of payment than other system.
sr. member
Activity: 672
Merit: 250
April 10, 2018, 10:45:23 PM
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.
it is true what you convey but in my country the government still prohibits bitcoin as a legal means of payment to conduct buying and selling activities, but in the future maybe it can happen
It can be possible, but it takes time. It also depends if it will be accepted in some parts of the world, because its not denying the fact that its legality is by territory. It has been approved by other countries while some have banned it. If it happens it would make transaction easier and faster.
sr. member
Activity: 714
Merit: 250
April 10, 2018, 10:30:49 PM
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.
it is true what you convey but in my country the government still prohibits bitcoin as a legal means of payment to conduct buying and selling activities, but in the future maybe it can happen
newbie
Activity: 140
Merit: 0
April 10, 2018, 10:23:32 PM
Bitcoin has a freedom in transfering which means you can absolutely transfer your money to anyone in this Earth as long as he has a Bitcoin wallet and that's really awesome . Even that's the way crinimals use to make the transaction.
Well its quite a good idea,but I dont think that will be that soon.on my own opinionit it will be nice less effort and time consumption but i dont think many establishments will cater such mode of payment.If this will happen I just hope that the transaction fees will not that big and affordable for future users.
newbie
Activity: 10
Merit: 0
April 10, 2018, 10:13:49 PM
Bitcoin payments are not currently common, but I believe Bitcoin will accept and support more and more people in the next few years.
member
Activity: 179
Merit: 10
April 10, 2018, 09:59:24 PM
  Bitcoin is really a good payment but we can not deny that the fact that it is very risky is what you're paying for with a pitiable price correction a huge price down! You are really incurred loss you can also get the start profits from it there is a huge increase after receiving a bitcoin payment so you have to be ready to accept whatever consequence I have to choose bitcoin a payment  mode .
full member
Activity: 348
Merit: 100
April 10, 2018, 09:05:05 PM
          Bitcoin as a mode of payment  method you need a developer so that the payment will automatically change to fiat currency. Due to poor security Bitcoin if hacked you may lose the entire wallet money, to over come this invest a well known processor so it can protect against attackers. Bitcoin market value may be fluctuating to avoid this convert Bitcoin to fiat currency at the time of transaction . Due to anonymity Bitcoin has mistaken as illegal that most of the businesses likes to avoid anonymous payment benefits vendors who sell digital products.
newbie
Activity: 196
Merit: 0
April 10, 2018, 07:46:22 PM
Bitcoin was original made to be use as a mode of payment but since it got popular and its value got high it became an asset and is treated to be like gold. But lately more and more establishments have started to accept bitcoin as a mode of payment and soon maybe bitcoin will be finally used just like it was intended to be as a mode of payment.
newbie
Activity: 49
Merit: 0
April 10, 2018, 07:33:09 PM
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newbie
Activity: 69
Merit: 0
April 08, 2018, 02:56:18 AM
No I dont want to get some volatile cryptoz after working solidly for a month Sad
jr. member
Activity: 67
Merit: 5
April 06, 2018, 01:45:37 PM
It would be very efficient to use bitcoin as a mode of payment. But for today it would be problematic and difficult to use it. Because we all know that bitcoin's value is unstable. And it is quite not fair for everybody to pay and receive a different value from what they are expecting to. Maybe in the near future when using it as a mode of payment is fair for everyone.
sr. member
Activity: 556
Merit: 250
April 06, 2018, 01:03:38 PM
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.


Some establishments already accepts bitcoin here in our country. Bitcoin is already being used as a mode of payment here since it provides an easier and more convenient way to transact. It is being used to pay our electric bills, water bills and even tuition fees here in our country and it is really an advantage for us users here.
newbie
Activity: 126
Merit: 0
April 05, 2018, 09:46:40 PM
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 can use bitcoin for mode of payment and receiving money it is one of the fastest transactions right now a high tech for transacting
member
Activity: 518
Merit: 11
April 05, 2018, 09:24:06 PM
I think it will happen but in the future when  the bitcoin is accepted in many countries. Not all people use it and the disadvantages is not all country has a free internet access. Some countries has a free wifi, its easy for them to use it but how about other countries who live in the rural areas.
newbie
Activity: 224
Merit: 0
April 05, 2018, 09:20:20 PM
Because of the BTC's young economic structure, new features, and market liquidity, the price of bitcoin may fluctuate wildly in a short period of time. So, a lot of people think of bitcoin as an investment, and very few people regard it as a form of payment.
newbie
Activity: 27
Merit: 0
April 05, 2018, 09:11:38 PM
It will take time to reach the stage because first btcs will be required to be circulated thoroughly as daily cryptoz then only it can ha
full member
Activity: 462
Merit: 100
April 04, 2018, 05:16:26 PM
They are a payment method but have not been widely accepted and they still have some disadvantages. The bar of the BTC is not high. Getting them to be the perfect payment method may take another 10 years.
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
April 04, 2018, 05:01:17 PM
I hear a lot of online freelance content creators prefer bitcoin payments not sure of the specifics though
member
Activity: 126
Merit: 10
April 04, 2018, 05:01:08 PM
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.

Why not?
It's very convenient, fast and yes, there is always a chance to either earn more than you usually take for your services, or lose it)
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