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Topic: Bitcoin for Taxi - page 13. (Read 6934 times)

member
Activity: 77
Merit: 10
September 24, 2017, 09:24:15 AM
Using bitcoin as payment method in daily transaction is not effective.
Because of it has high fee and take so much time for transfer in daily usage.
I think the transfer fee would be more increase in the future.
That is why i don't think that bitcoin will effective as main currency and payment method in daily life.
Maybe bitcoin can use as alternative payment method in transaction with large amount.
sr. member
Activity: 658
Merit: 251
September 24, 2017, 08:51:13 AM
I think more real businesses that use bitcoin as a means of payment prove that bitcoin has good strength and popularity so that it is believed to be a means of payment in real business. This is one proof of bitcoin trusted by users other than as a means of payment as well as long-term investment to gain profit, and is expected to be not only a taxi that receives bitcoin but other businesses such as hotels, properties, restauants and other businesses.   Grin
full member
Activity: 501
Merit: 147
September 24, 2017, 08:41:03 AM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?


I think it is applicable to this kind of business TAXI_DRIVE, because Bitcoin mode of payment is being recognized here, only you can just make an account, there so many kind of account related to bitcoin accepting mode of payment use to pay it such as; establishment, hotel, restaurant, taxi and etc. just research in internet who will accepting mode of payment and they will entertain you promise.
sr. member
Activity: 952
Merit: 274
September 24, 2017, 08:30:43 AM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
I hope that many business will accept the bitcoin as payment. I want that my country to become like Japan because in Japan 100,000 + of  are now using bitcoin as payment.
newbie
Activity: 19
Merit: 0
September 24, 2017, 08:27:20 AM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?

Yes! I hope Uber starts accepting bitcoin.
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
September 24, 2017, 06:49:23 AM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?

This is a great idea, but as many people have noted right now it is impossible because of the high transaction fees/slow transactions. However, I want to propose a solution.

There should be a reputable site, something like taxi-btc.com or whatever, to where people who want to pay Bitcoin for taxi deposit $100 worth of BTC. Then when you pay to a taxi driver you don't pay from your wallet but pay from that site instead, and the site guarantees that the driver will receive the payment sooner or later. Thus the possibility of double spending will be eliminated and you'll be able to pay around $0.30 transaction fee because there will be no need to wait for the first confirmation.

Another option for lowering the transaction fee is combining many payments, which can be done by the site, and then sending it to a taxi company as one payment. But I think the latter can be done only in the far future when millions of people will be paying Bitcoin for taxi.
I don't think it's just high transaction fee or  slow transactions which is the only problem but it's also the price of bitcoin, it being too volatile buyers might suffer a great loss if or when the price of bitcoin drops significantly so I think we still need some other better idea to get rid of such problems.
Yes the high transaction fee and late confirmation are secondary problems. The price is the Bitcoin is the main and primary problem. If the price come down, then it is a big loss for site owners. And if the price is high it is a loss for users. This is also a disadvantage for site owners. How means if the price is high usually people will not use bitcoins to pay, most of the people will use local currency. Like this there are many problems are there first to solve this issue and next, we will think about this payment method.

But why? If you have Bitcoins and they are accepted by a service provider why wouldn't you pay in BTC if the price is high? Wouldn't that be a good situation for you? You'd have to pay less BTC for the same service?

And why it is "a disadvantage for site owners" if the price of Bitcoin rises after they were paid? If the price of Bitcoin rises it is not a disadvantage to anybody. Site should be happy because now they have more in fiat value. User should be happy because the coins he has cost now more.
sr. member
Activity: 588
Merit: 251
HELENA
September 23, 2017, 12:08:21 AM
For today's needs and with the help of the advance technology, it is possible that someday taxi will also accept bitcoin as payment for every services rendered but in my observations, doing some transactions like when you are able to transfer your funds it takes a couple of hours and there's a certain period or cutoff. If this things be done it should be well organize and properly manage on time.
full member
Activity: 560
Merit: 100
September 22, 2017, 11:59:18 PM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?

no i dont, if this mode of payment implement in my country as bitcoin pay your taxi-drive, it can cause more crimes, i mean some bad people are hunting down those bitcoin holder after he/she paid her/his taxi-drive (declaring hold-up). even this idea is a good to implement, we all knew that all bad guys are in everywhere at anytime, so its a life risky if this idea happens.

i am sure that there are many ways to prevent this and we need to secure our account if we want to pay with crypto currency. but i think if this is really implemented then we have many option to pay the fees. i see that uber is trying to used crypto currency and i heard in some country, people can try this with their coins.
that's right, there must be a rule about this problem if there are criminals who want to take our bitcoin.
sr. member
Activity: 336
Merit: 250
September 22, 2017, 11:47:47 PM
As far as I'm concerned, I can't understand the reason why people are so looking for using BTC as much as possible in day-to-day life instead of cash. Why is it supposed to be convinient? BTC exchange rate is always so different, so price of services and products will be very unstable
member
Activity: 98
Merit: 10
September 22, 2017, 11:16:14 PM
Yes I agree if we get the chance to pay our daily need it is for sure Bitcoin is the only option for every one to go on for that If we start our payments for Taxi through Bitcoin really a great deal for every one. Best of luck to every one for it.
full member
Activity: 686
Merit: 100
September 22, 2017, 11:11:19 PM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?

Agree, it's a good thing to do simplify and expand the functionality of bitcoin and hopefully this happens around the world  Wink
sr. member
Activity: 952
Merit: 323
September 22, 2017, 11:07:57 PM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
i am pretty sure that the most of bitcoin users wanna give more 'fee' besides fare fee that they should pay for getting taxi. the fee transactions of bitcoin is depends with how much the fund of transactions, while you must have paid high fare for your taxi it means you also must pay your bitcoin transactions fee. it is not sounds good.
sr. member
Activity: 468
Merit: 250
September 22, 2017, 11:01:13 PM
If there is a taxi service that receives bitcoin directly in my city, of course I will be happy. this is because almost every day I use the taxi service to leave and get home from work. hopefully more and more services can accept bitcoin.
hero member
Activity: 2100
Merit: 887
Leading Crypto Sports Betting and Casino Platform
September 22, 2017, 10:59:15 PM
Bitcoin for taxi? Sounds good, as of now some offered applications in AppStore/Google Play has now credit card transactions in exchange of services, yet I found it good though to involved transportation. Truly, bitcoin will conquer the world some time in all transactions.

Indeed. This will be a big help to all of us. Whenever we run out some fiat we can still have a back up.
But this thing needed some time to be able to launch, it needed some research and analyze what will be the pros and cons of this. So when they launch it will be run smoothly for both parties.
full member
Activity: 322
Merit: 100
September 22, 2017, 10:48:28 PM
I think new to bitcoin, taxi payments using bitcoin do not seem to be done because bitcoin prices tend to be fuctuative because every time there is a correction. Unless there is a system that regulates tariffs and bitcoin prices.
full member
Activity: 197
Merit: 100
September 22, 2017, 10:37:53 PM
Yesss same thinking came in my mind too. Now a days people are getting aware about bitcoins.  But still many people are aware about bitcoins.  The day when majority of people get idea and when they use it in actual that time it may happen we can use this currency anywhere.  For taxies.  Hope the day will come soon.
hero member
Activity: 714
Merit: 531
September 22, 2017, 10:28:41 PM
I think it would be great if you could pay your Taxi-drive with Bitcoin! U agree with me?
Just consider the transaction fee, if you pay small amount for the ride i think transaction fee is much higher than to your fare then you think if you want to pay for the fare with high transaction fee or paying for cash without other fee.
But the concept is good if bitcoin has no transaction fee.
full member
Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
September 22, 2017, 10:21:53 PM
maybe you can buy some token visa card like monaco, tenx and centra. u can use them to pay taxi with bitcoin
member
Activity: 294
Merit: 11
September 22, 2017, 10:11:36 PM
Bitcoin for taxi? Sounds good, as of now some offered applications in AppStore/Google Play has now credit card transactions in exchange of services, yet I found it good though to involved transportation. Truly, bitcoin will conquer the world some time in all transactions.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
September 22, 2017, 09:20:39 PM
Using bitcoin in taxi is not a good idea, why? Tx fees anf tx time, bitcoin transfer fee are way too high the faster yoy want it to be confirmed to more expensive its fees are, But there are other option, Litecoin, Xrp, XLM, &any other fasr and cheap tx coin can be used by taxi's or UBER & other transportation vehicles as an alternative payment

Well maybe this thing should be resolve first before it can be implemented.
Or it can be sync or use our local wallets so the transaction is not too long yet the fee will be zero or just a little.
If this will happen, it'll be a great and more convenient to all bitcoin enthusiasts.
If it will be applied,there are more things they need to foresee first, thus the delays in transaction wont affect the schedule of the taxi and the passenger are they willing to wait or not, as well as the amount or price since the price of btc were not stable and changes from time to time that may cause their lose sometimes.

But tha fare rate should be stable whether the bitcoin price change. It shouldn't be affected by the fluctuation like the drivers shouldn't lose their income.
This should be analyze first by the company that will run as this is another milestone for bitcoin.


No worries just use your local currency for conversion, lets use USD for example and the fare is $1, there should be a real time converter where you can be able to see how

much is $1 in bitcoin. then again another problem rises because you need an internet connection with this. This idea is not impossible but to be honest, there are way too

possible problems to be encountered. maybe if things got better with bitcoin and in bitcoin. right now the small payments are not encouraged so we should focus on the larger

ones rather.
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