Bitcoin as payment system - page 32.

Despacito

full member

Activity: 280

Merit: 100

Quote from: monika27 on January 25, 2018, 09:19:59 AM

It will be a good evolution in the trading or market industry. As of now the bitcoin wallet in our country has the capabilities to pay bills and buy a load. It is a legit way of paying such bills. But all transaction has to be made online. It would be wonderful if the day comes that even offline you can pay in Bitcoin.

Transactions are sometimes very slow, sometimes very fast. This should be fixed first to become a payment system. Otherwise, it's hard for bitcoin.

Asuspawer09

sr. member

Activity: 1876

Merit: 437

Catalog Websites

Quote from: aleksandra_kickcity on December 04, 2017, 05:34:43 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?

Bitcoin has gone through a lot of years. And this year, up to present, we could barely notice how it tend to explode by means of being open ansd noticed worldwide. I remember one of our school newspaper created a section or an article just for bitcoin. Regarding to such transactions, there could be a very large possibility for bitcoin to be more popularised and be used wworld wide

monika27

full member

Activity: 154

Merit: 100

It will be a good evolution in the trading or market industry. As of now the bitcoin wallet in our country has the capabilities to pay bills and buy a load. It is a legit way of paying such bills. But all transaction has to be made online. It would be wonderful if the day comes that even offline you can pay in Bitcoin.

johnniecarlson781

newbie

Activity: 41

Merit: 0

If Bitcoin will popular as a payment system globally then it will very helpful to the clients. No issue to carry foreign or many currency. One currency all payment solution will gives the freedom to the citizen.

BCTBF

sr. member

Activity: 560

Merit: 257

There are still many countries that prohibit bitcoin from being used as a payment system, but for me to transact with bitcoin / cryptocurrency it will be much easier, we can send money to any country without having to go through long verification.

derdgzmn30

jr. member

Activity: 93

Merit: 2

Bitcoin as payment is the main reason why I study and buy bitcoin. It help me a lot and all my payments are now less hassle. I can do all my payments online. Thanks to bitcoin.

rudyrista123

newbie

Activity: 182

Merit: 0

Quote from: TIDOVEE on December 26, 2017, 08:05:00 AM

for most bitcoin users, we would not mind if bitcoin becomes the universal transaction medium because we are already used to it and we are enjoying it,but for those who has never been using it may find it difficult.
Secondly,I don't think that will be feasible any time soon than the way its spreading steadily. Not everyone would be able to use this bitcoin if only it comes as note or coin.

yes really do not mind, But for payment using bitcoin can not, because in my country is banned. But for bitcoin investment can be very.

AriannaSantosUU

full member

Activity: 256

Merit: 100

Bitcoin might stay the way it is but not as a bubble but as an online asset and investment shell. If bitcoin does not up its game by innovating someway some other coins might overtake it.

Maxson

newbie

Activity: 294

Merit: 0

Good for payment which will curb theft to a minimum rate, certainly the security aspect is considered to be sure and that lies in hands of every one hands.

TutorShow

newbie

Activity: 39

Merit: 0

people use bitcoin wrongly. bitcoin is a currency only not for investing.
more and more people stop using bitcoin as payment system and start use it for investing buy cheap and sell high.
with this high fee i think only 10% will use it for paying.

DrakeDG

jr. member

Activity: 89

Merit: 1

Quote from: nightfury on January 21, 2018, 09:30:00 PM

It would be good to see bitcoin being used as medium for payment system but as people sees it on the bigger picture, there is profit in investing bitcoin. But speaking of payment system, there are already businesses who use bitcoin as payment for their goods or services offered to their customers.

This business your saying had actually been removing Bitcoin as their payment options since BTC has the most expensive Tx fees. I know Microsoft and Newegg had already done that, unless the TX fees are solved I don't think they will return this options.

bad_apple

newbie

Activity: 150

Merit: 0

Bitcoin as a payment system is okay as of now, but there are lots of issues regarding scams and hacking. However, the ease of trading is much better than that on manual payment system (cash and the like). Payments on online services are actually done using bitcoins and the like so to sum up, bitcoin as a payment system is actually popular and can improve and expand much further given that its security also improves.

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: btc_love on January 22, 2018, 10:51:54 AM

Quote from: aleksandra_kickcity on January 22, 2018, 10:14:38 AM

Quote from: btc_love on January 22, 2018, 09:15:55 AM

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

do you have some information? can i have telegram chat or so on?

yeah, sure!

https://t.me/kickcity_chat

btc_love

member

Activity: 566

Merit: 13

Quote from: aleksandra_kickcity on January 22, 2018, 10:14:38 AM

Quote from: btc_love on January 22, 2018, 09:15:55 AM

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

do you have some information? can i have telegram chat or so on?

Melvin Narag

newbie

Activity: 126

Merit: 0

Yes some of establishments using payment system in bitcoin you pay online

zentdex

full member

Activity: 196

Merit: 274

Yes, bitcoin can be a payment system that is the main aim of bitcoin, to become a worldwide payment system because the system works without a central bank or single administrator. Also, there are some company and establishments are now accepting bitcoin as payment. But the possibility that bitcoin become a legal worldwide payment system is very low because there are still people and government sectors that don’t want bitcoin or another cryptocurrency. Maybe in the future when bitcoin become adequate to many people.

Blackhammer321

member

Activity: 400

Merit: 59

After all bitcoin's first purpose was to actually be an internet currency which is as a mode of payment in the internet. I still couldn't scrap the idea that bitcoin could be used as a payment method because nowadays people are observing and are witnessing the benefits of bitcoins in the internet. And with it's rising popularity it is not impossible for bitcoin to officially become an internet mode of payment.

_noname_

sr. member

Activity: 448

Merit: 250

BTC is still not at the stage that shops or any other place have start accepting BTC as a payment. But as bitcoin will show their performance more well in future and can get interest of BTC in future more and more then probability of accepting BTC as a payment will be increased more as compare to now.

aleksandra_kickcity

full member

Activity: 406

Merit: 100

Quote from: btc_love on January 22, 2018, 09:15:55 AM

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

johnson4218

full member

Activity: 165

Merit: 100

shatoshi has shown the world. Blockchain technology is applied in the monetary sector. And bitcoin did it well. However, the use of bitcoin for payment is not effective. Confirmation of blocks is too slow which makes the bitcoin transaction can take 3 days

Topic: Bitcoin as payment system - page 32. (Read 6073 times)