Bitcoin as a mode of payment - page 28.

pinoyden

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Quote from: Kmrherradura05 on November 08, 2017, 05:26:46 AM

Yes Bitcoin payment is fast and has a minimal service charge but usually no additional charge.
Aside from that bitcoin transactions does not need to give full information and so much papers to be filled up and no need to present valid ids.

i guess no. bitcoin is not fast rather it is super slow when doing any transactions whether its incoming or outgoing and it does not have a minimal service charge rather the transaction fees are friggin expensive as the bitcoins value keeps on increasing. though i think the only advantage of using bitcoin is because its anonymous and wont requires you too much information unlike any other payment methods.

hkdfgkdf

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Here in our country, people have the option to pay their bills through bitcoins. It is very convenient because even at home you could pay electric bills, send money to your relatives,buy load and much more. Hope in the future these kind of transactions will implement.

xSkylarx

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Yes I really like the idea of bitcoin as a mode of payment instead of using dollars or any Fiat,
I like to hold my earnings through bitcoin and watch as the price increase.

CryptoPablo

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More and more countries except Bitcoin. One can pay for a lot of services in Japan.
Bitcoin is a future.

alexsandria

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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.

Bitcoin is easily for better transaction and a way of good payments. Even what kind of currency it is, bitcoin can adjust. In this cryptocurrency you will find ways. By your own wallet you can easoly detect or even pay bills in any kind of matter. An easy way of having a good transaction.

jaaeeeyyyy

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It would be a good mode if payment if ever , it's a hassle free transactions specially on internet buying like lazada and amazon. But there might some future problems because bitcoin's price isn't constant that it's value is high and low.

dharnamonitor

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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.

It will definitely be a good mode of payment it will be better than online payment services like pp because bitcoin is more secured compared to other online payment services, no ban, no account suspension and no verification needed because you are the one holding your own wallet, you are in control with it but the problem is the higher transaction fee for every transactions. It is not advisable to use it as micro payment unless the payer would put it all in one transaction

netflixnchill

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For me, bitcoin is great when it comes to transactions. I can say that it is really secure. It is also super fast! And you being anonymous in paying is a bonus! You can also exchange your bitcoin into cash if you have any concerns on paying using the bitcoin itself.

Drnice

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Quote from: dvabit on November 15, 2017, 12:36:42 AM

I wish this would become real..

What do you mean? Everyone that is currently using bitcoin is very happy, the price is increasing on a daily basis, (dispute some dip), which is giving to the investors at high profit. It is also used to purchase things from online shopping sites, and above all, YOU CAN CONVERT IT TO YOUR NATIVE CURRENCY.

Cotton Candy

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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.

That would be so nice and convenient when that happens because many of people that are using bitcoins have a lot of time difficulties on where they can sell their bitcoins whenever they needed money. If bitcoins are noq can be use as a mode of payment they do not need to think where to exchange bitcoins into cash because we can directly buy rhings that we wanted by jist scaning the qr code that would we much easier than paying using atm.

Seeker#9

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There are many benefits in using bitcoin as a mode of payment in the future. The transactions will be fast and on time if there is no problems in the data transmission like the growing backlogs of unconfirmed transactions in some digital exchanges.

Drnice

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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.

Truelly, if you are paid with bitcoin, you will be gladen because of the rise in its price, but the people paying you in bitcoin, are some how at lose, cause they have a certain amount that was allocated for the job, but when there is now a rise in price it puts them at risk.
The only place where bitcoin can be used for payment is here in the forum's campaigns.

rb26

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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.

Bitcoin as payment is already been in use today. The bitcoin payment is being sent to the address of the person or company you are transacting with. It is used now for monthly bills, prepaid card loads, etc. This is way more convenient than using credit cards. I think if most company use this process, maybe someday we don't need POS or cashiers.

susila_bai

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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.

Ya it is truly very good idea of making bitcoin as mode of payment for paying and if you are a merchant then you can also receive bitcoin as payment for your product selling. But in this process if you are a merchant then you have to check the Bitcoin status in your country so that you should not get in any legal problem if bitcoin is illegal declared in your country. So before stating bitcoin as mode of payment first it has to get legal status in all country or atleast who ever want they have to check it.

Hazaki

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It's true that being paid in bitcoin boosts the potential value of your coins over time and thus their value in fiat , yet there's lots of points that you can't deny and which are , first of all you should wait to convert your money wherever there's a split or a new alt and if you're in urgent need in that particular time then you will sell low . Secondly , you must have nerves of steel to not panic out whenever bitcoin's value goes down and keep thinking what will happen to your savings if bitcoins really dies this time . So there's good part and a bad one and you should take both in consideration .

GreenBits

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Quote from: Gens09 on November 15, 2017, 01:53:19 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.

using bitcoin in payments is good. for me less hassle because if you are paying a big amount of money you need to go to bank so that you'll be assure that your money is safe but if you have btc even if you are at your house you can transfer money. and I know bitcoin is safer than banks because the bank system can now be manipulated by the hackers the the system in the btc is really hard to hacked.

bitcoin was really only intended to be a method of payment, not the store of value that people have come to depend on it as. part of the reason we have had to explore scaling solutions is only because adoption has outstriped network capacity, we werent supposed to scale this quickly (we should be further along the reward minimization process befoer we saw these price levels . its a chicken egg thing, the prices make folks eager to "invest" (not use), so traffic and prices increase in a feedback loop.

this isnt sustainable, folks.

Gens09

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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.

using bitcoin in payments is good. for me less hassle because if you are paying a big amount of money you need to go to bank so that you'll be assure that your money is safe but if you have btc even if you are at your house you can transfer money. and I know bitcoin is safer than banks because the bank system can now be manipulated by the hackers the the system in the btc is really hard to hacked.

denzkilim

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Bitcoin is the best mode of payment, It's fast, hassle free and secure. You don't need to use your identity while using this payment method it's totally anonymous. No need for any kind of Identification card or any shitty documents required. Grin

bitcoinrays

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Quote from: SUDARMONO on November 08, 2017, 10:01:15 PM

bitcoin is the best currency in the world I think personally, I really like it if there is a payment program using bitcoin, because we can all invest in it and can earn more profit from the salary of our work by way of payment using bitcoin.

It would be more pleasurable if ordinary shops and restaurants accept bitcoin for payment, it is grabbing the attention of people and is getting a chance to be on path which will make it able to lead all other currencies and be on top. Some institutions have started accepting tuition fee in bitcoin which is a turning point and hope it continue so in future

ghost424

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Bitcoin is a good way to transact with others. In the forum, in the services section, a lot of offers there are Campaigns that will let you receive payment via bitcoin. If these is what happens in the real world, the world will no longer have long lines just to pay for a piece of something in the supermarket. If bitcoin gets legalized and if we educate people that is using bitcoin, we will put the use of bitcoin into good use.

Topic: Bitcoin as a mode of payment - page 28. (Read 4364 times)