Topic: Bitcoin as payment system - page 41. (Read 6073 times)
we will keep asking, what will happen next. yes I guess the worries are very normal, sometimes I ask questions like you. but basically we will never know what will happen. but one thing I still believe to date. bitcoin still gives many advantages to those of us who are involved in bitcoin.
I will accept it since here in Philippines, it is easy to withdraw bitcoin using ATM's and banks.
I think that will happen in the future because it is starting now. I heard some of the retailers are accepting bitcoin as a mode of payment in their products so it would be no surprise if people start paying using their bitcoins in the future.
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?
And how do you see it's future?
Bitcoin was originally invented as a digital currency to change the traditional fiat currency for good, but due to the bitcoin limited supply and high demand, the people started hodling bitcoins as a digital store of value, as an investment. The demand of bitcoin is higher than the supply which is only 16.7 million bitcoins in circulation worldwide. that is why the bitcoin price will continue to grow in the future. 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?
And how do you see it's future?
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?
And how do you see it's future?
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?
And how do you see it's future?
yes there are many who say bitcoin is a digital payment tool or currency or a crypto currency that is not physically like a real currency, and its bitcoin value or price can not be affected by any government policy, since bitcoin is the world's currency
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?
And how do you see it's future?
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?
And how do you see it's future?
This is a good idea but this is not ideal to implement in many country without enough source of energy, i think we can create a physical bitcoin to use and presented if somethings happen to online currency.
Bitcoin as payment system offers a no cash-out which brings a lot of convinience and security for all bitcoin users. You could save your time and energy in your transactions.
It is good when bitcoin is a part of our payment system, because we can pay bills faster than the past and we can transact easier to the other bitcoin holder.
no bitcoin these days is not really suitable as payment system because of its increasing fees and a much slower network due to network congestion caused by those users who currently spam to send bitcoin with a much lower fees that under the recomended fees. bitcoin nowadays is mainly used an investment option and for trading purposes or playing gambling. however there were still some alts like litecoin and bitcoincash that can be used as an alternative next to bitcoin in order to be used as a payment gateway online for a much faster transfer and with lower fees at the same time.
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?
And how do you see it's future?
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?
And how do you see it's future?
Time will tell what will happen to Bitcoin, But as of now in some countries it is being used as a payment method thou its not world wide but soon it will be. But as of now it is better to hold Bitcoin because of the price rapidly going up than using it to pay for something.
yes, I agree with you. there are many things that we need to do before we can use bitcoin as a payment method and if the government wants to apply bitcoin as a new payment method, they will need to prepare everything including to integrate their system with the blockchain. once this could be solved then we can use bitcoin as a payment system.
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?
And how do you see it's future?
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?
And how do you see it's future?
This is not so, there are better ways of investing, and this is not even related to the crypto world
Obviously Bitcoin nowadays is not used as it was intended to be used by Satoshi. Its looked at as a store of wealth for most and most people that are in Bitcoin are not willing to spend their Bitcoin to make daily purchases. I think as long as Bitcoin is still growing a lot in value this trend wont end. We need a more or less fix price for Bitcoin for it to become a real currency. Unfortunately the crypto markets have made nothing but a capitalistic financial instrument out of Bitcoin, although it was invented to fight the current financial system. Kind or paradox tbh. As long as prices are climbing Im also not willing to spend it when it could be worth double the next day. Thats just natural.
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?
And how do you see it's future?
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?
And how do you see it's future?
Bitcoins as a payment for online stores is already implemented on some websites like amazon, It only means that bitcoins is starting to be accepted in the community even though the market is volatile. Maybe in the future, We are going to have a credit cards that has a value of bitcoins and we can use it to swipe on a physical store for our payments.
I've never heard that Amazon is accepting Bitcoin now. Could you post a link proving that? People would scream and jump for joy if Amazon adopted Bitcoin as a means of payment for real, and Bitcoin price would instantly go through the roof. But I don't see anyone going wild, and neither is price skyrocketing.
It is good when bitcoin is a part of our payment system, because we can pay bills faster than the past and we can transact easier to the other bitcoin holder.
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?
And how do you see it's future?
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?
And how do you see it's future?
Bitcoins as a payment for online stores is already implemented on some websites like amazon, It only means that bitcoins is starting to be accepted in the community even though the market is volatile. Maybe in the future, We are going to have a credit cards that has a value of bitcoins and we can use it to swipe on a physical store for our payments.
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?
And how do you see it's future?
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?
And how do you see it's future?
We are already using it as the payment system. For example we buy alt coins with BTC, in some public places BTC is also acceptable, social networks say that they will ad crypto currencies as payment method. And I pretend that crypto currencies will be more and more popular.
Hello...
I think bitcoin couldn't be payment system regularly...
No
Worry bout bubble pop up , i think it wont happens
I think bitcoin couldn't be payment system regularly...
No
Worry bout bubble pop up , i think it wont happens
Bitcoin is not only just digital money but also it is a great internet payment gateway. Bitcoins are fast growing and many countries have adopted bitcoin.
Yes true. But it is not many, it is only few. As still many countries do not or cannot comprehend in accepting cryptocurrency as their current currency. There are many things to consider before accepting it: 1) People - how will the people reflect on this, they would be confused if they not aware of this at first; 2) Economy - it will have a great impact to this, as it may improve or not, depending on how skillful the companies and other sectors that will be handling this. Quote
Many businesses have used bitcoin to pay for transactions.
Hmm I'm not sure about this, many businesses? In fact there are still few of them.Do you mean people?
Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin 
In my opinioin in coming 2018 bitcoin it will bring us a huge growth of bitcoin. Because of the demand and popularity. Bitcoin value is getting up in the future many of the investor will gain in high profit.
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?
And how do you see it's future?
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?
And how do you see it's future?
There's some sites who accept bitcoin as payment method. I heard there's some schools and restaurant who accept bitcoin but all are in abroad like in Australia and In America Since i am not belongs to these countries so i have never use my bitcoins to pay there. I always convert my bitcoins in fiat before actually using it. About the future people need to aware about it first , about 1% of population know about bitcoins and as many people knows and start using the bitcoins we shall see more growth in this.
If what you mean is online payment, then using bitcoin would be possible. As a paper currency it would still be a long way for btc to reach.
I think thats nothing wrong if bitcoin will use as a payment system. Is this by using to pay for online shopping? Paymenr for retail stores online? Payment for bills? And hotels and orderinf in fast food? And some other ways in paying so that life could be easier. I think there is nothing wrong with that. At least people has plenty of options in payment and buying things. Lets be positive guys, we have to move forward in this life. I think this doesnt mean we will lose our physical money. These are some other options or ways in payment.
I agree to your opinion mate, but it's not easy to implement even one of your opinion. If you can try analyze the value of bitcoin is fluctuating which will affected the mode of payments. Let say earlier the price is so down which its easy to buy that is affordable and after several hours it will suddenly so high which some users can't afford to pay. Well, I would say there are a lots of factors to be considered which can't easily to be implemented that bitcoin is a mode of payment. Maybe, if the value of bitcoin is stable for long term, definitely it can easy to implement as mode of payments.
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