Topic: Can Bitcoin become a daily currency? - page 16. (Read 1398 times)
I think most of us in the crypto community wants bitcoin to become a daily currency. But unless they fixed the high transaction fee, bitcoin becoming a daily currency will just be a dream. But in the mere future, hopefully, bitcoin is accepted used by the society.
Bitcoin becoming a daily currency is possible when each and every people around the globe has got good knowledge about internet and related activities. Right now very few governments around the world has recognized bitcoin, and upon the same I believe in future can use bitcoin as daily currency.
yes bitcoin can become daily currency but this all will happen in the future it is possible that we can start using this money and when we give this option to those from which we will receive some money then this trend will be normal and with all this we want to give some strength to the money those who have some of the crypto currency then they can cash out this any time So if bitcoin is accepted every where we can say that bitcoin become daily currency.
maybe it will not be bitcoin. But the other is a crypto currency. Bitcoin is very volatile, this does not allow him to become a settlement system
the price still so volatile/fluctuation and the transaction really takes long time. Not possible right now
I do agree with you. There's no stable price for bitcoin. If ever it will be the daily currency, then everything that is paid through bitcoin has no stable price also. Tendency would be, people will be confuse on the price. And yes, bitcoin transactions takes too long for it confirm and I don't think that there's someone who is willing to wait to just to confirm it for a coffee or whatever it is.
the price still so volatile/fluctuation and the transaction really takes long time. Not possible right now
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
Bitcoin can be possibly use as our currency in daily lives however it will take so much time to check and review how secure it is. Bitcoin must be centralized so that the Government will be the one to take over it and implement some rules and regulatuions for the protection and security of investors or people who are using this crypto currency. As of now, Bitcoin can be used for fund transfer and payment of monthly bills thru online that has no hassle and free of charge. It can be used as mode of payment if we bought some stuff thru online store. Let's just hope and enjoy the goodness of Bitcoin as of the moment and wait for the perfect timing.
yes but it will happen only if mass adaption would happen which i think will occur soon, but another thing about bitcoin is its price, it is too volatile so some might be hesitant to use bitcoin as a currency.
It all depends on the policy of a country, can or not, so far bitcoin is still often used after being converted into local money.
If bitcoin accepts many amendments, if you want to use it as a daily payment medium then very slow guarantees, it takes a few hours to make small trading jams. Another crypto can be quick.
yes, we admit that this is one of the weaknesses of bitcoin, not just slow, but also expensive fees.
and I think this is the aspect that bitcoin should fix, and to pay for something as small as to buy coffee would be difficult, I never thought about how technical they are to make coffee payment transactions. such as in Canada and in japan.
please explain to me how technical? is it using exchange?
and I think this is the aspect that bitcoin should fix, and to pay for something as small as to buy coffee would be difficult, I never thought about how technical they are to make coffee payment transactions. such as in Canada and in japan.
please explain to me how technical? is it using exchange?
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
I think all the coins can be used for daily needs, I say this because now many are making a payment platform, you can use any coin in the transaction, not just bitcoin only. there are even such platforms in some countries
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
Its impossible to happen. Bitcoin is designed to become a storage of wealth. If you want to buy coffee then convert your bitcoin into bitcoin - cash. That is the purpose of BCH.
If they find something to solve the scalability problem then it is possible i guess . But there are so many other coins working on that problem that i am scared it is gonna be to late for bitcoin.
Currently bitcoin can not be used for everyday purposes. Because the price or bitcoin value is very high. Uncertain bitcoin fluctuations are the reasons why transactions of everyday necessities. But the government let bitcoin just to invest only. Many people are still not familiar with bitcoin so they still rely on fiat money for daily needs. The state has not yet facilitated the market with this bitcoin digital money. Maybe and hopefully with the advancement of technology all will go smoothly.
I dont think so for now. The unstable price chart can tell. Also not all have access to the online world. There are still more cities which lacks education on bitcoin.
No please, waiting for my GF is enough , i won't have time to wait for another unconfirmed transaction, specially when those are heavily amount .
One more thing fee transaction will be insane, sometimes the fee transaction is double my payment....
One more thing fee transaction will be insane, sometimes the fee transaction is double my payment....
I think bitcoin will not be a daily currency. Many countries have not approved or legalized bitcoin as a currency. Bitcoin takes hours to confirm, maybe another alternative solution is another crypto like ETH. 
I don't think so that bitcoin can became daily currency as now bitcoins is very volatile and unstable which makes it's not suitable for being used as daily currency.And confirmation of transactions is also slow and fees are high but it would get solve as soon as bitcoins implement Lightning network.But bitcoins ain't showing any signs of becoming stable.
We cant say if bitcoin can become a daily currency due to high fees and slow transactions but in this world nothing is impossible maybe in the future bitcoin become more reliable in transaction, we wont know unless we see so lets just wait in the future and stay contended in what we have
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