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Topic: Bitcoin as a mode of payment - page 20. (Read 4365 times)

jr. member
Activity: 45
Merit: 10
January 16, 2018, 03:59:31 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.

Fantastic! No doubt for bitcoin to do this thing, Bitcoin as method of payment in any transactions you will made. For those who have a lot of bitcoin balance, its really their advantage to do this process and helps a lot in convenient way.
newbie
Activity: 11
Merit: 0
January 16, 2018, 03:51:32 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 as a mode of payment would be easier and efficient to everybody. Because it is very secure and fast in terms of transactions. You can use bitcoin thru mobile phone in paying bills, transfer money as a payment and business matters also. That's why for me bitcoin is the best to use.)
newbie
Activity: 1
Merit: 0
January 16, 2018, 03:35:41 AM
Bitcoin offers many advantages over traditional banks. It allows sending payments internationally without concern for currency conversion, it allows transaction confirmation within 10 minutes typically. There have been security improvements since its inception, which make it safer to store coins when large companies hold extreme amounts of funds, and also for buyers. The Bitcoin network and blockchain is very secure with a great deal of computing power working to secure it.Bitcoin wallets can be used on any electronic device such as android, apple, PC, and some wallets can be on USB type sticks.

Also, you can score ICOs yourself by using a standardized scorecard (known as ICO Rating Calculator). This calculator is very helpful. Read this link for more info: https://cryptorated.com/ico-ratings-calculator/
member
Activity: 350
Merit: 10
January 16, 2018, 03:26:03 AM
The only thing that is deemed an obstacle to that good idea is the "volatility" of the price of Bitcoin it keeps fluctuating over the time and there is no precise prediction when it goes up or down at the moment where transaction of between users and merchant's executed.
full member
Activity: 319
Merit: 100
January 16, 2018, 03:19:24 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 as a mode of payment is a great thing that happen today. It is much easier than using fiat money because all you gonna do is to get the address, paste it and send the bitcoin to the person that you need to pay.
full member
Activity: 672
Merit: 100
January 16, 2018, 03:14:05 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.
Everybody uses Bitcoin to pay for trading transactions. Bitcoin as a default currency in crypto to pay for trader trading. Every altcoin is commercially available on bitcoin, and this makes it popular.
newbie
Activity: 39
Merit: 0
January 16, 2018, 03:08:28 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.
Would be cool if pay using bitcoin, it will looks so modern. We can get the maximum benefit from Bitcoin if we use bitcoin for international transactions.
newbie
Activity: 30
Merit: 0
January 16, 2018, 03:05:44 AM
Using Bitcoin as payment option that is really cool idea. We use that as payment method.
Yes it is. Here in my country bitcoin is recognize as a payment method. Its very easy and useful. You only need a phone to access bitcoin and thats what makes it convenient to use.
full member
Activity: 364
Merit: 100
January 16, 2018, 03:01:13 AM
there are now many who use bitcoin as payment but may not be widely used because not everyone uses bitcoin
newbie
Activity: 46
Merit: 0
January 16, 2018, 02:54:06 AM
Bitcoin is an innovative digital payment method, fast and secure.
With bitcoin, the fees you pay determine the speed at which you receive your money.

It can be use for fast transaction of online payment for goods and other services such as utility bills.
accepting bitcoin as payment is a good idea but still risky.


full member
Activity: 462
Merit: 100
January 16, 2018, 02:52:37 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.

You are definitely right about this. I hope every company should take this into consideration specially when they are a big tech company. Paying your employees bitcoins is not only easy but as you said, the price appreciates. It keeps the employees invested on money and would spend accordingly.
full member
Activity: 293
Merit: 100
January 16, 2018, 02:47:19 AM
yes if when we want to sell the price again down if we do not lose, because bitcoin now bitcoiin price is not stable then if the payment is a bit confusing, nominal for a har
ga can change at any time
full member
Activity: 784
Merit: 112
January 16, 2018, 02:41:41 AM
I think it is a good idea to use bitcoin as a mode of payment because it will be easier if you could access bitcoin that way. Paying using bitcoin means not withdrawing it. With just some clicks you will be able to transfer payment to the retailer of the product you bought. It will also make bitcoin more interesting and effective.
member
Activity: 252
Merit: 17
January 16, 2018, 02:32:09 AM
It is a good idea if companies will accept bitcoin as a payment. If they are in trend of the trading this will be a win win situation with them. We all know that the price of the bitcoin are fluctuating, with this if they will accept bitcoin as a payment with their service it will be a business in the same time an investment. All they need is a good strategy or skills in trading on when or where they will convert their bitcoin unto real money. Now a days some of the stores and even remittance center are accepting bitcoin as a payment, maybe because they already gain the skills and knowledge in the flow of the bitcoin.
member
Activity: 350
Merit: 10
January 16, 2018, 02:13:40 AM
Bitcoin as payment is a good idea most specially for freelancers, if the employer will shoulder the transaction fee or will you agree that they will deduct it to your salary? as of now i think bitcoin is considered more of an asset.
full member
Activity: 518
Merit: 101
January 16, 2018, 02:04:24 AM
It would be a nice idea but it will be risky. Because that payment can be used as an investment but it will be risky because bitcoin’s value is continuously fluctuating.
You will just incur loss if you will make your bitcoin as a mode of your payment? why, because bitcoin really fluctuating right now, so if you will buy good for example worth $100 so you will give pay for a bitcoin that is currently worth $100. What if that time you arrive the btc price was $14k then suddenly when you are transacting it became $12k so you lose some of your bitcoin.
member
Activity: 234
Merit: 15
January 16, 2018, 01:54:20 AM
It would be a nice idea but it will be risky. Because that payment can be used as an investment but it will be risky because bitcoin’s value is continuously fluctuating. It can be bad or it can be good but I think employers will not do that as a payment for its workers because the value of bitcoin is changing rapidly. They need to pay their workers an exact amout or significant amout of money.
full member
Activity: 419
Merit: 100
January 16, 2018, 01:49:55 AM
Bitcoin as mode of payment makes it easy to purchase things, as you don't have to carry your cash on hand as it is possible to transact by a simple click on the wallet for sending and receiving bitcoins. Some merchants and restaurants have started accepting this bitcoin technology, certain companies like Microsoft also started accepting bitcoins and universities in US also accept this new technology which is a good start for the world moving to a digitized world where we will be able to buy and sell products and services through this digital currency which is convenient an highly economic and all the user's enjoy freedom of their own finances by using this bitcoin technology.
member
Activity: 79
Merit: 10
January 16, 2018, 01:48:29 AM
To me, bitcoin is really a great form of payment. Bitcoin payments are extremely secure and fast. I like it when nobody manages my transactions, so I often exchange with bitcoin.
Yes, there are a lot of people who like Bitcoin because it is not restricted to trading, but it is quite insecure because nobody manages and is responsible for the transaction or the attacker Bitcoin Your while trading
member
Activity: 294
Merit: 10
January 16, 2018, 01:42:47 AM
Actually i really hope this can happen, but in my country there are only a few places that use bitcoin as a method of payment, because bitcoin is still illegal here. But i think if the client knows bitcoin, then i think it would be hard to find bitcoin as a method of payment. Because the client might think it would be a loss if they pay using bitcoin. So what I do is just collect as much bitcoin as possible then hold it within a certain time before selling it.
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