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Topic: Bitcoin as payment system - page 60. (Read 6074 times)

member
Activity: 183
Merit: 10
December 07, 2017, 01:29:05 AM
Yes, it's nice that Bitcoin will become a payment system if we buy a product there is no any hassle you can pay through online. Bitcoin has a big value so that you can get here a big money. But we cannot predict what's going to happen in the future. As of now, we are grateful that we enter here.
hero member
Activity: 2604
Merit: 816
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December 07, 2017, 01:27:44 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?



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.
hero member
Activity: 1134
Merit: 502
December 07, 2017, 01:19:26 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?



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.
legendary
Activity: 1137
Merit: 1000
December 07, 2017, 01:15:40 AM
Investing in bitcoin really brings a lot of profit, but for bitcoin to become a popular payment method. I think the bitcoin needs to be modified. Many bitcoin deals are suitable for large transactions that are not suitable for small transactions. In the future I think there should be bitcoin tags. People can use it for their small payments
Yeah that will more fascination to the people and this will circulate bitcoin to the every corner of world and maybe more people will attract to the bitcoin because this thing will give them a chance to get rid of insecurity about the cash money and bitcoin is totally secure and there is no threat in using it and payment will be accepted in bitcoin will bring a lot of profit because its prices are increasing day by day and that good.
member
Activity: 322
Merit: 23
December 06, 2017, 09:58:00 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?


Wel!, bitcoin now focusing on being profitable by its way, what I mean is even though bitcoin delayed for each transaction but the price was rapidly going high.
Bitcoin using payment system I think it take more improvement to do some transaction in bitcoin. But still bitcoin now is good to invest and more profitable for the future.
full member
Activity: 182
Merit: 100
December 06, 2017, 09:56:29 PM
We do not sure! But i guess bitcoin has a future to be the first virtual payment system because it is easy to use and the transactions is so easy to handle. In these past years the users of the bitcoin is increasing rapidly that is why we predict the bitcoin will be the future virtual payment system.
member
Activity: 446
Merit: 12
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December 06, 2017, 09:52:48 PM
I would rather bitcoin as payment system,
when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.

But all choice have their own risk, in the other side if you lose your coin, you even can't block your wallet address. and they're all gone
In the banking system, we still safe there's a blocking system of our account if there's suspicous activity
full member
Activity: 952
Merit: 104
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December 06, 2017, 09:48:53 PM
#99
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?



We cannot predict the future but if butcoin will be used as payments to some transactions then it will be good for us who have bitcoins aleady but how about the people who have not started bitcoin yet? Is there a way you can convince them to use bitcoin? As bitcoin user it is much better if it will stay as investment to prevent the government from having taxation on our bitcoin. Another thing is that we would hope that bitcoin is not a bubble that will blow up someday.
full member
Activity: 406
Merit: 100
December 06, 2017, 09:46:09 PM
#98
It is more comfortable for us to use bitcoin as payment on some place. Like on a restaurant, groceries, and pay bills. Even if we don't bring fiat with us we can pay anywhere using bitcoin.
sr. member
Activity: 1148
Merit: 300
December 06, 2017, 09:43:31 PM
#97
Certainly, Bitcoin will become a kind of currency in the future. It has many advantages about anonymous and not depend on the third parties. I think this will take place in next 30 years.
Well i believe that these would be going to happen  in our country bitcoin is really use for online payment such as water and electric bill by the help of the online walley apps maybe people know that already that is why they are really had an interest on doing these kind of profitable thing many people really believe on botcoin that is why it grown fast each day i believe people will appreciate bitcoin someday.
sr. member
Activity: 714
Merit: 250
December 06, 2017, 09:41:28 PM
#96
I would rather bitcoin as payment system,
when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.
Thats good, for me combining the use of bitcoin and real money is the best payment system. So I use bitcoin for international transaction because the fee is lower than use bank or other remittance service and I use real money for my daily transactions like shopping in mall, store and merchant in market because the transaction is faster.
full member
Activity: 212
Merit: 100
December 06, 2017, 09:39:46 PM
#95
Certainly, Bitcoin will become a kind of currency in the future. It has many advantages about anonymous and not depend on the third parties. I think this will take place in next 30 years.
full member
Activity: 238
Merit: 100
December 06, 2017, 09:31:48 PM
#94
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 is always accepted as a form of payment and it is always so it. But the governments of many countries are enacting prohibitions and obstructing it.
full member
Activity: 378
Merit: 100
December 06, 2017, 09:22:57 PM
#93
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 just brings so much convinience to its users, whether it is on money transaction like payments and sending money, and that is why people are so in to bitcoin, not counting the fact that it just keep increasing its value. I think this bubble issue is gonna blow one day not bitcoin.
legendary
Activity: 3346
Merit: 1352
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December 06, 2017, 09:10:13 PM
#92
Bitcoin can't act as a mode of payment right now, period. The fee (up to $30 per transaction) makes it impossible to conduct small and medium sized transactions. Only large-sized transactions in excess of $3,000 are viable with Bitcoin. Another problem is its volatility. Merchants will refuse to affect Bitcoin, as its exchange rates are too volatile.
sr. member
Activity: 381
Merit: 250
December 06, 2017, 09:07:42 PM
#91
I think bitcoin will continue to become
successful in the future. And maybe it
will also become as a payment system.
full member
Activity: 210
Merit: 100
December 06, 2017, 09:04:10 PM
#90
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 someday bitcoin will because virtual money because as far as now bitcoin needs fiat so you need to convert it into real money to buy something i dont know if bitcoin will become a vritual to pay anything and to buy some store but  hopefully.
full member
Activity: 269
Merit: 101
December 06, 2017, 08:58:16 PM
#89
I don’t think bitcoin would be a bubble blow up as the current value of bitcoin is way too high and increasing exponentially.
Last week of November it soared up by almost 50% in a week and bitcoin being crypto currency is probably one of the safest online payment methods as there is no central authority authorising the transactions and the identity of the sender and receiver is kept anonymous
full member
Activity: 266
Merit: 100
December 06, 2017, 08:43:47 PM
#88
In my opinion, bitcoin will keep going as it is now, which is still used as an option of payment instruments other than credit cards and cash and as an investment. In the future bitcoin prices will certainly multiply, and the spread of bitcoin as a tool for payment will be widespread.
full member
Activity: 238
Merit: 100
December 06, 2017, 08:07:35 PM
#87
Actually I would love to see Bitcoin as a general means of payment. This was the intention with which it was born and this should also be the way we use it nowadays. I think its a pity that Bitcoin is now looked at like it was a commodity. Especially new people that learn about Bitcoin now are often looking at it this way. Hopefully this will change sooner or later and Bitcoin will become what it was supposed to be.
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