Crypto as a payment method for goods: what to expect in 2019

zhekinsp

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Quote from: 56 nights on February 01, 2019, 01:42:39 AM

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.
Over the past year, the market capitalization within crypto soared to the Moon. Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?

no one will ready to accept with the payment of cryptocurrency in a proper way because the fear will easily disturb everyone to get payment with the Bitcoin in this situation but after some years then we will definitely expect some changes will be happened in this Crypto market and in all over the world.

sheremet

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Hm I cannot agree to you. There are lots of the stores where you can buy things much cheaper even for crypto, say ModulTrade

molkovawi

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This is handy if you hold some crypto. I wouldnt bother myself if I didn't have crypto to exchange and register and... all those steps.

infinitewars

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Well... just asking now. Read it's handy and not so expensive.

molkovawi

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What would you like to buy there?

ILook

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This questions been already asked, scroll the thread.

infinitewars

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Are there people who had experience with Blockchain based marketplaces?

reality18

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Gradually, crypto is gaining popularity this time. People who take time to study its concept end up integrating it into their enterprises or utilize crypto through the purchase of goods and other services. 2019 is another good year for crypto as it has most of its valuable coins seeing spikes in their prices.

jabrix

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Quote from: Rufsilf on June 02, 2019, 12:26:24 AM

Bitcoin as a payment method or goods is a fine I think it'll be more convenient and safe to make payments using crypto since you don't need to bring a lot of cash and you can just use your phone to make payment. As for the future of BTC, we really can't tell, indeed it is still on a bear trend for quite a while now but I've seen predictions that the bull run may happen in the coming months considering the increase of demand of bitcoin nowadays. Though there will be an upcoming competition from big companies but I guess bitcoin will not be tamed.

Many can be done using crypto, one of which is a means of payment, especially in countries that have legalized crypto. But what is now a trend is crypto as an investment, especially bitcoin. This is inseparable from the rising price of bitcoin which is rising high.
Investors in many countries like crypto trading assuming fluctuating prices so that speculators can enjoy both short and long-term benefits.

madera

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I m not very good at expaining the exact mechanism you can check the MT and how they do it. Like a customer can use a special app that identifies the code and "says" whether the product is legit one.

stoletss

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How does it work?

madera

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Use certification procedure

stoletss

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I'd like to know how can I check if the product is fake when using an online blockchain store.

indrakusumaindra

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Well there is a lot of news about crypto as payments that will happen in 2019. first i do think we have heard about starbuck will accept bitcoin and to make it real they partnered with microsoft and with bakkt. In this year also there is a lot of news that XLM are partnering with bank which will help XLM to be use as a payments item.

noormcs5

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Quote from: matchi2011 on May 30, 2019, 06:41:19 AM

Quote from: kamilah147 on May 30, 2019, 02:56:15 AM

Quote from: emmybd on May 28, 2019, 04:18:53 PM

I believe if crypto is used as a payment method for goods then it would be easier to do business, as you can send or receive funds without any problem all over the world.

for this idea I strongly agree that if this is applied in payment methods for business then this will make a lot of people interested, people who don't know will find out about the method of using crypto

It will be learned by those who's not being reached by this system, if they'll see that the service is already available from where they are, curiosity will let them follow it will create good idea to them, imagine the world where crypto already been accepted to any places.

Crypto to be accepted world wide cannot happen in 2019, but it will happen within a decade. There are lot of factors which are preventing bitcoin to be used as a payment method and the major cause of it is the volatility of bitcoin. Bitcoin needs to be stable so that people can trust and have faith on its value.

Rufsilf

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Bitcoin as a payment method or goods is a fine I think it'll be more convenient and safe to make payments using crypto since you don't need to bring a lot of cash and you can just use your phone to make payment. As for the future of BTC, we really can't tell, indeed it is still on a bear trend for quite a while now but I've seen predictions that the bull run may happen in the coming months considering the increase of demand of bitcoin nowadays. Though there will be an upcoming competition from big companies but I guess bitcoin will not be tamed.

spike420211

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Quote from: jak3 on May 07, 2019, 07:17:54 AM

Crypto payments are like dreams but as the technology is difficult to implement for nontech guys they are struggling for it. but sooner or later they will also implement the ideas and payment methods in their sites. as for now, more and more people are integrating it. imagine how will it be when you can pay for your beer with crytocoins. I have high expectations in 2020 and less in 2019. as technology is still in development this year. Progress seems fine to me.

The development, though slowly, continues. The farther away the more computing power will be at our disposal, and the more advanced technologies we will be able to master, which will not only speed up but also improve payment methods using cryptocurrencies.

matchi2011

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Quote from: kamilah147 on May 30, 2019, 02:56:15 AM

Quote from: emmybd on May 28, 2019, 04:18:53 PM

I believe if crypto is used as a payment method for goods then it would be easier to do business, as you can send or receive funds without any problem all over the world.

for this idea I strongly agree that if this is applied in payment methods for business then this will make a lot of people interested, people who don't know will find out about the method of using crypto

It will be learned by those who's not being reached by this system, if they'll see that the service is already available from where they are, curiosity will let them follow it will create good idea to them, imagine the world where crypto already been accepted to any places.

MeatHopper

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Vice versa Cheesy

Much cheaper than in regular stores plus lots of discounts. Better try by yourself.

GreenwoodStranger

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to my knowledge these types of things are pretty expensive

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