Bitcoin as a mode of payment - page 25.

sinta23

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DogData

Quote from: wormgummy019 on November 29, 2017, 09:29:53 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.

As I know some sites or online shops are accepted bitcoin as payment. But I don't see or read before that online shops or sites paying bitcoin too or some company paying their employees bitcoin. But if you used bitcoin for paying it is good way because bitcoin don't have tax and maybe you can have a discount from the item that you are buying.

employee payments using bitcoin, I think it's quite difficult. before we can also see that our country or other countries are still many who do not agree that bitcoin is circulated. so before employees are paid using bitcoin, then we need approval from the state government.

heleng05

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I think it is better than our fiat here in my country it is hard to find a job that gives me a better income to use as a payment, In bitcoin it really help me to buy my daily needs because of a better income that it given to me and use it as payment to my transactions.

wormgummy019

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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.

As I know some sites or online shops are accepted bitcoin as payment. But I don't see or read before that online shops or sites paying bitcoin too or some company paying their employees bitcoin. But if you used bitcoin for paying it is good way because bitcoin don't have tax and maybe you can have a discount from the item that you are buying.

DySWv

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There are too many to mention. The great example of this is Japan. Japan made Bitcoin as one of their legal currency. If I’m not mistaken, the reporter in the video I watched said that there are thousands of stores in Japan accepting Bitcoin as a mode of payment. Other stores do not want to accept Bitcoin because its price always fluctuates. They cannot set the right amount of Bitcoin to be paid for them.

randal9

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it is not realized for me yet, I can't pay for purchases by bitcoin, therefore I use it only as an investment

cjinny

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I think bitcoin can be used to pay for the services of someone who understands bitcoin. But very few agencies or bosses are paying their employees using bitcoins. If someone here wants bitcoin just by doing a project like a signature campaign, you can look it up at bounties altcoin.

magmar

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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.

Actually there are a lots of stores all around the world that accepts bitcoins as a mode of payments. And I am very sure that those stores now have a lot of income because all thpse bitcoins they have had already increases also because the valur of the bitcoins today are growing $10k and more. Bitcoins as a payment is giving the people the conveniency of life. Because we do not need to count for money when buying foods or things and have a change in some large bills because having bitcoins will just be scan our qr code and get the specific amount pf money they needed.

q835197677

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Quote from: Ewox on November 29, 2017, 08:26:53 AM

Yes Bitcoin is a actually a great idea if it would be implemented as a mode of payment. Actually I have a friend who says her boss actually asked her if she'd want too be paid in Bitcoin or US dollars, and at first she was hesitant but wanted to try out Bitcoin and her boss made a deal with her that she'd be paid in Bitcoin for a month worth of work and right after she got her payment; converted it to a local currency. Now she regret why she converted all of her pay when Bitcoins price is so high. Anyways, I would gladly want to be paid in Bitcoin if ever it would be an option offered at work here in our place.

Bitcoin unit price has exceeded 11,000 US dollars.
I really did not expect bitcoin prices to soar, but at the same time making bitcoin payments even more cumbersome because you have to split bitcoin for small payments, and the cost of bitcoin transfers is so high.

krishnaverma

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I am yet to use bitcoin as a mode of payment but will do so in future. I think I will be providing services related to internet marketing in order to do so. In fact, this is right time for websites like Fiverr to allow BTC as mode of payment.

Ewox

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Yes Bitcoin is a actually a great idea if it would be implemented as a mode of payment. Actually I have a friend who says her boss actually asked her if she'd want too be paid in Bitcoin or US dollars, and at first she was hesitant but wanted to try out Bitcoin and her boss made a deal with her that she'd be paid in Bitcoin for a month worth of work and right after she got her payment; converted it to a local currency. Now she regret why she converted all of her pay when Bitcoins price is so high. Anyways, I would gladly want to be paid in Bitcoin if ever it would be an option offered at work here in our place.

Digitalbitcoin

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Just thought comes in my mind like as.

Bitcoin is just a trailer actually other cryptocurrencies are made up for these transactions. Bitcoin is reached to sky limit right now so obviously user will start to use Altcoins for micro transaction. Which will be more convenient for both buyer as well as seller, due to lower transaction fees for transfer of altcoins.

And Bitcoin will be most valuable Cryptocurrency ever in Universe.

BitNotByte

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I think it's cool if the value of bitcoin you can get from being paid is always the same value as the one you are selling. But what if the next day after you get paid, the value of btc is already half as the value of btc yesterday? what i'm tryng to say is, btc's value can drop 10%-50% in short time. so there's still plenty of risks to consider Wink

Deathgamer

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Bitcoin is really great,easy,quick and less hassle if you use it as a mode of payment.Specially in my country which is the philippines,we use coins.ph,a trusted and guaranteed bitcoin wallet that you can count on,with coins.ph wallet you can be able to pay your different kind of bills in telco,electrity and water bills and many more,also you can get a rebate everytime you pay your bills and that is so amazing.Bitcoin is really the best mode of payment ever.

KingOfWinterfell01

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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.

My getting paid with alt coins via this signature campaign but eventually they'll pay us with bitcoins, I think. That'll be great too because bitcoin prices still rise so when you get more bitcoins, you get more money because of the ever increasing price of each. I love how it reached $10K in such a short time.

kingragnar

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It's great for me to pay for bitcoin in the range of a trader and seller. It's good for me because bitcoin sometimes or often is used for restaurants and hotels that accept payment via bitcoin. Because bitcoins are easy to pass on to people without any hassle.and no matter where they are in the world

chris molty

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On a long-term vision to open a trade that accepts bitcoin is a real investment, if bitcoin continues its great launch of course

Saveplus

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It is better to be part of payment method to all stablishments offering their services but there is a big consequences that bitcoin value is not stable and the receiver will be aware on that. Also there is a good benefits if the value rises more the amount of bitcoin did you received was a big possibility to make it double of value.

sungaiyangderas

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indeed bitcoin is really good but we can not deny the fact that it is so result. What if after paying a sudden price or a big down price? You've suffered a loss. You can also benefit if there is a huge price increase after you receive a payment in Bitcoin. In conclusion you should be prepared to accept anything if you choose Bitcoin as a means of payment.

MakeMoneyBtc

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There is a long way until we will be able to pay with bitcoin for everything that we buy.

Some merchants are already accepting bitcoin as a payment method but they sell only older products that were not sold for a long time. Also for most merchants there is a fixed time for the transaction to be confirmed( a few hours). If the transaction is not confimed, especially this days, there could be problems.

There is a also a problem with the fee. Merchants take the risk that bitcoin price can anytime go down so they have bigger fees. So, until bitcoin transactions are going to confirm faster and the fees will be lower most of merchants will not accept bitcoin

gilangIDR

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Quote from: asu on November 25, 2017, 03:18:05 AM

Definitely, it would be great but all we know bitcoin is a mode of payment now that can give you money anytime if you bitcoin. In my country if you have bitcoin. Then you can easily have your money just convert bitcoin into fiat then withdraw using a 3rd party app (like coins.ph in my country) only hehe

Every country now has an exchange place that can convert bitcoins into real currency very easily. I also use bitcoin for various financial transactions. Nowadays more and more places are receiving bitcoin as a medium of payment.

Topic: Bitcoin as a mode of payment - page 25. (Read 4364 times)