Bitcoin as payment system - page 33.

missyqt29

member

Activity: 434

Merit: 10

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's function to the economics is really complicated because people have different preferences. I guess if bitcoin can have a more affordable price, people will start to use it as payment more often than now. So we can only just wait and see how things will turn out in the next critical years.

derdgzmn30

jr. member

Activity: 93

Merit: 2

That's right. Bitcoin can also be use in online payments. It makes the consumer pay transaction as easy and not a hassle one like paying a cash.

newb-dev

full member

Activity: 406

Merit: 100

I think one day bitcoin could be the only payment system. You will go and buy bread and milk with bitcoin. You will need to have it

btc_love

member

Activity: 566

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aleksandra KICKCITY?

you are with this project?

eldharwp

newbie

Activity: 29

Merit: 0

i think it depends on the regulation, if it is accept by all of the nation it will be a payment system. but right now it still an asset or some people say it invesment that will give us profit. maybe someday it will or it won't, but i think there's possibilities.

Rupok365

jr. member

Activity: 280

Merit: 1

Bitcoin is becoming quite familiar as a payment method, day by day. PayPal, payza, is going forward in the same way as the perfect money. Software, the products are all in the case of BitCoin and Bitcoin as payment methood.

soname12

member

Activity: 266

Merit: 15

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?

Many countries have a bad view of Bitcoins and Crypto. It's a risk that can negatively affect their country so it can not be accepted as a general form of payment. I think it can only become a good investment rather than a payment currency.

futuristic18

newbie

Activity: 59

Merit: 0

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 have a good technology and can be used as a payment system world wide. But, currently, its not being used for payments as transactions times are higher than other alts such as Ripple.

Bitcoin is not accepted as a legal currency in all countries hence, using it as a full money for exchanges is also not possible world over.

Synaesthesia

sr. member

Activity: 546

Merit: 253

I think that Bitcoin price will raise up to an high level where it will be stable and it will become a payment tool. Besides, the developer also need to improve its weaknesses about fee, speed,...

shetat

newbie

Activity: 56

Merit: 0

In my point of view, bitcoin as a payment method is great, it makes the life of bitcoiners a hassle free since they are accepting bitcoin as payment no need to convert your bitcoin to the country's Fiat and therefore lesser transaction fee and the best is there's a possibility that you don't need to pay tax.....

asdfbna

member

Activity: 97

Merit: 12

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 already supported the payment in Japan and some countries. BTC began to gradually adapt to some payment scenarios, but it also faced great drawbacks. Firstly, bitcoin is anonymous and not conducive to management. Secondly, bitcoin is difficult to track, and The existence of price fluctuations, it is difficult to unite the recognition of its value

sasinghal

jr. member

Activity: 70

Merit: 2

Till now bitcoin is not accepted as a payment for anything. But most probably in future there we will be using bitcoin as fiat currency is used. But it will not be like that fiat currency will disappear, fiat currency and bitcoin payment system both will be there in future.

rodgelampis

jr. member

Activity: 53

Merit: 10

2018 is another year for bitcoin as many people are still coming to get bitcoin as their investment and savings for the future.Hopefully, it will be more accessible in lots of establishment. But still majority of the people will still chose to use fiat than bitcoin.

Lyne01

member

Activity: 224

Merit: 10

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 will remain as mode of investment in the digital world and will stay as a cryptocurrency. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement. Its volatility makes bitcoin a hard way of payment. But we never know what the future may hold, lets just hope for the best for bitcoin.

Blondy12

full member

Activity: 364

Merit: 100

Bitcoins as a method of payment is great. In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Hopefully, it will be more accessible in lots of establishment. But still majority of the people will still chose to use fiat than bitcoin maybe because they used to it or maybe because they just want to save or hold their bitcoins for long term investment.

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: aleksandra_kickcity on December 04, 2017, 05:47:17 AM

Quote from: losik43 on December 04, 2017, 05:36:59 AM

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin Roll Eyes

like what number? =)

2018 is another year for bitcoin as many people are still coming to get bitcoin as their investment and savings for the future.
As long as there is a new addition to the community the demand of crypto will continue to grow while the supply remains at a maximum number of 21,000,000 bitcoin. this will affect the market blow as always. 2018 will have the blow and bitcoin will overpass the 20,000 USD and will hit the new milestone of 60,000USD before the year ends.

boddy.dy

member

Activity: 252

Merit: 17

This will be a great idea actually some of the stores and remittance centers already accept this. Also I read some articles that some of the banks are somehow also accepting bitcoin but in investing way only, then they will follow the payment system next. There are also some articles that says that the some hotels will also accept bitcoin as a payment of there services. Well if I have a big business I will also accept bitcoin as a payment, because it will be a win win situation. If you will accept this you are hitting two bird in one time, you are doing business in the same time you are investing.

CryptoTech_

full member

Activity: 994

Merit: 106

Official Street Team member

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?

I think bitcoin is only good for investment, not for payment system because it is very unlikely you pay something cheap but you have to pay bitcoin fee which is more expensive than the price of goods or food you buy. LOL
Ex : you buy coffee for $1 and you have to pay $10 for payment transactions, it's crazy Tongue

kcirnhoj15

jr. member

Activity: 84

Merit: 2

I see bitcoin will be the innovative payment system in the future because as of now some of the businesses are now accepting bitcoins.

Daniel355

newbie

Activity: 76

Merit: 0

Bitcoin is not only just digital money but also it is a great internet payment gateway. Although bitcoin has potential as payment because of its popularity and easy, fast, safe in doing transaction we cannot sure if bitcoin can be as payment system since like what I said above bitcoin is limited to use of all many people.

Topic: Bitcoin as payment system - page 33. (Read 6088 times)