Topic: Bitcoin as payment system - page 49. (Read 6073 times)
you can use the bitcoin an online payment system insturd of cash
Bitcoin is store of value only at this point in time. Much better options out there for pure payments.
Today it is impossible to use bitcoin as a payment system. Transfers are going on for 24 hours, the fee for the transaction is too high, there are much more convenient ways to pay for goods and services.
yep
today is more than impossible
Today it is impossible to use bitcoin as a payment system. Transfers are going on for 24 hours, the fee for the transaction is too high, there are much more convenient ways to pay for goods and services.
It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
True. I was wauting BTC transaction for 8 hours this Friday. Too long
$80 is TOOOO MUCH! It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
True. I was wauting BTC transaction for 8 hours this Friday. Too long
It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
True. I was wauting BTC transaction for 8 hours this Friday. Too long
No doubt that it created the bases for today cryptocurrencies, and it is one of the most secure networks. But I think it is not made for everyday transactions
It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
Nah, it won't blow. In fact, it will rise more than $20k in 2018.
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/
true. and i think its time to stop considering BTC as a bubble
Nah, it won't blow. In fact, it will rise more than $20k in 2018.
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/
Using bitcoin as a payment for every purchase or paying bills would be very helpful for a lot of people. It could save a lot of time for waiting to pay personally. I think a lot of people will use this method since not all people has the patience to wait especially in our country.
Bitcoin is doesn't suit for payment system. Because the price is very volatile. do you want pay a coffe for 0.0003 btc at the momment when you tap send, the price is bubble up. and make that 0.0003 btc worth with $100?? i bet you will regret it.
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?
You are right, Satoshi invented bitcoin to change money and how people can handle money but due to limited supply of bitcoin which is only 21 million coins, that's what makes bitcoin an investment opportunity (an asset). Whenever the demand is higher the supply - the scarcity jumps in and the price goes up. that is what is happening right now. 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?
For me it can be use as a payment but instead i better invest it for the future because bitcoin is continue price high so it is regretable if i only use it as payment to any. Invest first to make it more and become bigtime amount to exchange
everybody are saving now =)
For me it can be use as a payment but instead i better invest it for the future because bitcoin is continue price high so it is regretable if i only use it as payment to any. Invest first to make it more and become bigtime amount to exchange
If bitcoin works as a system for payments then that would be really helpful and would save a lot of time for being in queue or waiting in long lines. You can pay with bitcoin as long as you have internet connection which is available in most places.
Bitcoin is not really convenient as a payment system, I think it's more attractive as an investment and due to its price one day it will replace gold.
true. too slow. but they will fix it
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?
Now there is hardly any chance that Bitcoin would become a full-fledged means of payment. Some other cryptocurrency like Litecoin could do the trick but Bitcoin has no future apart from being a purely speculative asset. And that is not set in stone either.
Bitcoin is not really convenient as a payment system, I think it's more attractive as an investment and due to its price one day it will replace gold.
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