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Topic: Bitcoin as payment system - page 28. (Read 6073 times)

sr. member
Activity: 457
Merit: 250
February 12, 2018, 01:51:41 AM
in other countries have done it but in my country there are still few places that receive bitcoin as a means of payment and maybe this should be in mind because my country has many people who hold bitcoin Grin
newbie
Activity: 112
Merit: 0
February 12, 2018, 01:37:56 AM
I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.
jr. member
Activity: 126
Merit: 1
February 12, 2018, 01:34:33 AM
I don't think it would blow up soon. I'd say we should just be patient with the price of bitcoin by now because sooner or later it will surely appreciate.
jr. member
Activity: 159
Merit: 7
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February 12, 2018, 01:22:38 AM
I like the uses of bitcoin in our country as payment in some transaction because its easy and fastest way but i hope that some stores or restaurant will also accept bitcoin so that many people will invest or buy bitcoin.
member
Activity: 266
Merit: 17
February 12, 2018, 01:09:01 AM
I think many people accept bitcoin as another way of payment method very easy to make a transaction and it's direct to our wallet its very friendly user the good thing is decentralized form but the problem is there is no money back guarantee so always make sure if you sending or receiving to the right address.
sr. member
Activity: 924
Merit: 275
February 12, 2018, 12:56:07 AM
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?


Many people are now using bitcoin as payment system, like in Japan; most of the people in Japan are now using bitcoin as payment system. Japanese people are aware that cashless society will happen.
jr. member
Activity: 68
Merit: 1
February 12, 2018, 12:51:20 AM
Bitcoin used as payment system is not a bad idea because online transactions are very in demand today. Also bitcoin can be converted into cash if you need it too.
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No body can predict the future growth of bitcoin.but bitcoin as way of payment would be helpful and I'm looking forward to see cashless society..
full member
Activity: 409
Merit: 100
February 12, 2018, 12:46:23 AM
There are many investors who start investing in bitcoin as they can see the price of it a big profit that they get from it. But as payment system i think in the future it will be possible because as of now in some transaction bitcoin is accented.
member
Activity: 490
Merit: 12
February 12, 2018, 12:42:52 AM
Accepting bitcoin as means of payment can only be valid only if there is stability in the price of bitcoin from my own point of view,  in situations where the price varies high and low within a short period of time  will pose a threat to payment system invariably  will create room for underpayment and over payment.
newbie
Activity: 25
Merit: 0
February 12, 2018, 12:34:34 AM
Its a very nice concept. If Bitcoin can take place in every payment system hen it will be a big injnovation for the world. Though many country welcome Bitcoin like Japan and many country ban it also. Let see how long Bitcoin can can capture the global transation.
sr. member
Activity: 485
Merit: 274
February 11, 2018, 04:53:19 PM
You would pay to send money, but would you pay to spend money?  if i want to buy something i have to pay a fee.  thats not right.
member
Activity: 336
Merit: 10
February 11, 2018, 04:42:31 PM
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?



Any transaction using bitcoin wolud be like "walk in the park" or "easy peasy". That would save time which is a major factor on any transaction.
jr. member
Activity: 434
Merit: 2
February 11, 2018, 04:12:16 PM
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?



 In our wallet coin.ph system payment has already have. I dont need to go to there company to pay bills. I just make a payment under the wallet. Its no hassel at all. I was glad that they put a payment system on there wallet .
full member
Activity: 210
Merit: 128
February 11, 2018, 03:44:25 PM
In some countries bitcoin is paid as a payment system but there are also countries that have not yet been used as payments. you can pay it when you buy something and bitcoin you will pay. How did we transfer money thousands of years ago, when we all still lived in little villages and knew and trusted each other? We simply exchanged things with each other, as we still do with cash today.
full member
Activity: 348
Merit: 100
February 11, 2018, 03:22:07 PM
  As an electronic payment system bitcoin is used online payment .The bitcoin market is volatile so there will be ups and downs  in prices many large companies are accepting bitcoin. Bitcoin is a digital decentralized currency that means it is not controlled by any financial companies or government it is transferred person to person payment over the internet .Payment of bitcoin have lower fees and the transaction is fast. Paypal is the widely used platform in the payment system.
sr. member
Activity: 868
Merit: 266
February 11, 2018, 01:44:48 PM
It has potential, but I think more for ecommerce than for regular point of sale use because nobody is going to wait in line at the grocery store while your BTC processes.  In cases like buying things on Amazon that's not a problem, but it is at a drive through at McDonald's. 
Now that people have seen how profitable it is to invest buy and save your bitcoins rather than spending it, I am sure that less and less people are going to spend their bitcoins into buying things when they can use cash or their credit cards.
sr. member
Activity: 448
Merit: 250
February 11, 2018, 01:22:57 PM
I see the future bright for bitcoin. We will definitely use it as a payment method after it gets more popular and people will trust it
member
Activity: 176
Merit: 12
February 11, 2018, 01:22:13 PM
Bitcoin have bright future to play role as mode of payment which is more secure and safe,Bitcoin have no need of any intermediary to make transaction its block chain system make it safe and quicker.

In future there is Bitcoin acceptance and popularity will high and everyone will enjoy to transactions through Bitcoin.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 11, 2018, 01:13:20 PM
Bitcoin as payment system is at present practical handling issues to be faced do to the bitcoin exchange rate where the accounts department cannot provide the budget forecast for the payment. If the government accept bitcoin there will be huge impact will be in bitcoin access as payment system.
member
Activity: 112
Merit: 10
February 11, 2018, 01:08:22 PM
I think is good bitcoin as a payment system because it safe and is a easy way for payment system. It also good to discover as a past and easy transactions to make our better future to use bitcoin payment sending and paying bills through online. I believe many people become interested to use bitcoin as a payment system.
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