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Topic: Bitcoin as a mode of payment - page 29. (Read 4364 times)

member
Activity: 294
Merit: 22
November 15, 2017, 12:36:42 AM
I wish this would become real..
full member
Activity: 280
Merit: 100
November 15, 2017, 12:19:15 AM
Recently, bitcoin has more and more problems with the passage of transactions due to poor bandwidth, which arose because in its code there is a limit of seven transactions per second. Therefore, as a means of payment, it is used less and less. This shortage is devoid of bitcoin cash, which was one of the reasons for its astounding price increase recently. I think that the battle between bitcoin and this clone for the championship is just beginning.
sr. member
Activity: 630
Merit: 258
November 15, 2017, 12:04:55 AM
Bitcoin as a mode of payment is a nice idea. You can purchase  differebt stuffs using bitcoins. You do not need a fiat miney just to buy sone things that you wanted to buy. And i think it is so cool. A fast transactions.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
November 13, 2017, 06:27:35 PM
There are quite few local shops in my area which started Bitcoin. Unfortunately, I don't know what they are doing with earned bitcoins. I wouldn't be surprised if vast majority of them was holding them. If they accept Bitcoin, they should be aware of risks and possible gains. Bitcoin value is very likely to increase over time. If I had my own business, I would accept BTC.
I'm sure they'll do a hold of the bitcoin they get
because the rapidly growing price of bitcoin can benefit them in the long term.
and what they are really doing is hoarding bitcoins,
because I'm sure they already have enough money to shop around without having to sell the bitcoin
hero member
Activity: 2940
Merit: 613
Winding down.
November 13, 2017, 06:13:55 PM
I would definitely agree with this one. Since it's a hassle less for buyers and transaction that we made. Also, there are lots of shop and some stores who are accepting bitcoin as a mode of payment. I also see some online shops who accepts bitcoin as payment. Some people also agree with this one since this transaction is paperless and cannot be traced.
Right.Bitcoin has a very fast and accurate transaction not like other payment system.Plus the fact that your personal identity remains anonymous,it's very favorable for us users.I am really looking forward for this to happen but still in my country only few of the stores except online stores are accepting bitcoin as a mode of payment.
member
Activity: 77
Merit: 10
★777Coin.com★ Fun BTC Casino!
November 13, 2017, 05:50:27 PM
Bitcoin has definitely become more recognizable as a currency that's used to pay for various transactions, payouts, worker wage and so on. Currently alot of the world is aware of bitcoin but until further notice, preferably when the knowledge about ins-and-outs about bitcoin becomes more prevalent it's best to not mangle with the stuff and keep small transactions to fiat money. I'd prefer bitcoin now, but you can't have everything now it seems.
sr. member
Activity: 490
Merit: 250
November 13, 2017, 05:40:54 PM
Mostly all of us that is using bitcoin is really want it to be implemented because you can spend.already your bitcoin if you buy something on the store without exchanging it into our own fiat . I know sooner or later it will be implemented and there are a lot of stores that will accept bitcoin as payment.
member
Activity: 151
Merit: 10
November 13, 2017, 05:27:22 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.
For me its so cool that we using a bitcoin in paying because its safe than you pay in dollar or other currency, maybe many merchants earn big money.
newbie
Activity: 32
Merit: 0
November 13, 2017, 05:07:53 PM
I would definitely agree with this one. Since it's a hassle less for buyers and transaction that we made. Also, there are lots of shop and some stores who are accepting bitcoin as a mode of payment. I also see some online shops who accepts bitcoin as payment. Some people also agree with this one since this transaction is paperless and cannot be traced.
member
Activity: 67
Merit: 10
November 13, 2017, 05:06:14 PM
Bitcoin is already getting bit for freelancers and with sites that users will buy more expensive things. The best thing about BTC implementation is that you don't need to pay monthly taxes or anything like it to transfer money.

Honestly, people should already be getting along with it, PayPal is almost being a scam with their policies and a lot of people like me don't want to use CC directly in an online transaction.
member
Activity: 112
Merit: 10
November 13, 2017, 04:39:53 PM
There are quite few local shops in my area which started Bitcoin. Unfortunately, I don't know what they are doing with earned bitcoins. I wouldn't be surprised if vast majority of them was holding them. If they accept Bitcoin, they should be aware of risks and possible gains. Bitcoin value is very likely to increase over time. If I had my own business, I would accept BTC.
sr. member
Activity: 406
Merit: 251
November 13, 2017, 02:22:15 PM
there are some things that are still a constraint in making transactions using bitcoin, on the other hand it is very high bitcoin price, and will get many benefits if at the time of payment his price is rising, but the opposite is true if the price is down we have a little losses, moreover some of them have not been able to accept it as payment for services or purchases, as many still do not know bitcoin even to use it yet, and transaction cost issues are quite expensive for a small transaction, and the biggest problem is its legality is still a barrier
full member
Activity: 966
Merit: 104
November 13, 2017, 02:13:25 PM
In the light of recent events, it is already necessary to find out which of the bitcoins here is meant. Bitcoin core has become very slow due to the small bandwidth of transactions and, in principle, it is very problematic to use with regular purchases. It is more suitable for rare, large-value transactions. This disadvantage is deprived bitkoin in cash and lately more and more people are switching to using this coin.
member
Activity: 294
Merit: 11
November 13, 2017, 02:03:18 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.

Bitcoin is a new currency that we can use to pay our monthly bills like water, electricity, etc. without any hassle and fees. Instead of going to stores, you better use your cellphone by paying bills and the good thing is that you will have a rebate when you used Bitcoin as payment. Smiley
member
Activity: 142
Merit: 10
November 13, 2017, 01:59:48 PM
The idea of being paid in bitcoin is really cool because it changes over time unlike other mode of payment that remain fixed in value
member
Activity: 196
Merit: 10
November 13, 2017, 01:49:23 PM
its fast methode to pay online
newbie
Activity: 14
Merit: 0
November 13, 2017, 10:48:29 AM
All money operations will be in crypto currency when it will be faster. It's main and only minus of BTC transactions on my opinion.
full member
Activity: 450
Merit: 100
November 13, 2017, 10:37:44 AM
I don’t think there are that many employers paying in Bitcoin at the moment, I think we will see an increase over the coming years tho
You have reason to argue. Currently the employers are not getting the payment with bitcoin. But it may be in the future. But it would be a lot better. The country will be digital, there will be many improvements.
full member
Activity: 308
Merit: 100
November 13, 2017, 10:03:53 AM
Yes its already happening here in our country and its give so much conveniece i think bitcoin create to understand a little value of money in anything like to use this to pay in any services.Here in forum even without earnings we can learn a lot of ideas here like to do promote or to do business in real life.The only problem here is the volatile price of bitcoin
full member
Activity: 420
Merit: 110
November 13, 2017, 09:50:30 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.

This requires a mass adoption of bitcoin at all levels in the world and if this happens you wont actually be earning three times because everyone is accepting btc everywhere who will take those silly fiats from you?
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