Crypto as a payment method for goods: what to expect in 2019 - page 10.

poldanmig

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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?

in my opinion all possibilities can happen and without anyone who can predict for sure the crypto currency payment system in my country cannot yet be done because the government still prohibits direct transactions with crypto currencies

mrdeposit

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Quote from: pamsugas on April 03, 2019, 07:08:29 AM

I disagree if crypto is a currency, I prefer crypto is considered gold because in my country transactions using crypto are violations

I do not think so. Although crypto is not the perfect asset to measure the exact value of the crop, it is best for now, at least better than papaer.
Anyway, increase about adoption this year can be an prototype for its future use.

Labumi

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Quote from: pamsugas on April 03, 2019, 07:08:29 AM

I disagree if crypto is a currency, I prefer crypto is considered gold because in my country transactions using crypto are violations

I think let them have another opinion and you should not confuse the conversation of such people, I better understand if everyone has different opinions about interpreting digital currencies like this cryptocurrency.

Yamifoud

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Quote from: pamsugas on April 03, 2019, 07:08:29 AM

I disagree if crypto is a currency, I prefer crypto is considered gold because in my country transactions using crypto are violations

It gonna be sorry with you mate, we are lucky that there is no such thing in my country and so we can enjoy crypto. It is sad in your part, crypto will have its purpose to consider and not just an investment at all but to be like of fiat currency. Many were using crypto already especially for bitcoin and that's supposed to be happen with.

pamsugas

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I disagree if crypto is a currency, I prefer crypto is considered gold because in my country transactions using crypto are violations

Huncho Jack

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Just thought how my children would buy spaghetti for BTC lol. Well may be I am lucky enough too XD

OrangePotato

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Excactly, somebody have already mentioned Appstore and Microsoft

liquid_metal

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Not only states are introducing crypto now. Regular stores on their territories sell their goods for bitcoins.

simple_calculations

newbie

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Quote from: AwesomeLemming on April 01, 2019, 05:49:24 AM

How often are MT Auctions are held? I'm thinking about joining in some time in the future when I've more free funds.

Seems to be, every week. The don't post announcements here.

infinitewars

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I think we are about the change that. To my knowledge, quite a few countries,say, UAE, India, Venezuela, are planning to introduce crypto.

STI_2M

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Quote from: Bear_Cub on April 01, 2019, 07:10:24 AM

As any new business or idea, the shop needs advertising. In case ModulTrade is properly advertised it'll be able to outdo those online shops.

People trust traditional ways of payments

BartS

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In order for bitcoin to be used by more people around the world we will need that the confirmations are faster since it is unrealistic that people wait for hours just to get a confirmation if there is a huge number of transactions happening at that time so we will need the lightning network for the adoption of bitcoin to keep growing and the developers are taking their time to see that everything is working perfectly so until that happens I will not expect a huge number of people adopting bitcoin

CoinChili

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

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

Crypto payments nowadays are already been had a positive impact which leads to the adoptation of this kind of payment. Since I do have some bitcoin and some other coins in my wallet, I can instantly buy some stuffs online that I badly needed.
This will bring some business to pay attention to this kind of payment, this will be a good start to finally expand their system.

deisik

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English ⬄ Russian Translation Services

Quote from: jakezyrus on April 01, 2019, 06:47:33 AM

Quote from: technoloverr on April 01, 2019, 05:08:54 AM

Quote from: 56 nights on April 01, 2019, 04:48:14 AM

The online marketplaces' competitors are on their way Cheesy

MT's just launched a new token with the possibility of exchange to euro.

Yes, I was digging into this too. The fee is low enough to send the money. But I like the fact you won'y be needing a credit card anymore. This must be a nice turn-on factor for new users I believe.

i dont see any unique features for that incoming token that you are talking about because i think other existing cryptos do already have that feature . there are cheap but good alts that you can use to send or recieve money without the need of credit card of course because cryptos are already a payment method . exchanges and wallets nowadays do also have the feature to convert your cryptos onto a local currency ( fiat ) that you decide . so whats the catch?

It may be a utility token

That is, it may serve a very specific purpose which general purpose cryptocurrencies simply can't do. But as you correctly noted, all modern altcoins aim to be cheap (in transaction costs) and fast (preferably instantly fast), so it is next to impossible to develop something new that would beat the competition hands down in this field. You need to come up with something that other coins don't have, and that is a daunting task on its own which requires both an extraordinary mind and extreme effort

mornabo

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Quote from: CoinEraser on April 01, 2019, 09:55:07 AM

I expect for 2019 that the acceptance of crypto will continue to rise and more and more people, online shops etc will accept it as a means of payment. Surely it will take some more years until we can pay everywhere with it. I don't expect any miracles of 2019 regarding the acceptance of cryptocurrencys, but as long as more and more people accept it, I'm satisfied for 2019. Wink

Of the many innovations that many projects bring, whether it's low fees, instant payments, and so on. the most important thing we want is the mass adoption of all merchants, all store accept bitcoin, that all what we very want! it will make using bitcoin much more useful

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: nur rochid on April 02, 2019, 12:06:11 AM

Quote from: karanggatak on April 01, 2019, 10:23:26 PM

I think every year more countries and stores or companies will legalize bitcoin as a means of payment. and in the future more and more people will be using bitcoin.
and this year it looks like the crypto market is starting to recover little by little the market is beginning to experience an increase. I hope this situation continues.

right, even though until now there has not been a pump, but the movement of bitcoin shows a gradual increase, and I hope that this can continue. with the growth of prices, it will certainly increase investor confidence

Not only investors but also businesses who will cater the service will also start eyeing with this system, crypto already gained lots of news both bad and good making awareness on it's existence so for sure it can be the token where many other establishments and businesses to begin working out with this other ways of payment process.

nur rochid

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Quote from: karanggatak on April 01, 2019, 10:23:26 PM

I think every year more countries and stores or companies will legalize bitcoin as a means of payment. and in the future more and more people will be using bitcoin.
and this year it looks like the crypto market is starting to recover little by little the market is beginning to experience an increase. I hope this situation continues.

right, even though until now there has not been a pump, but the movement of bitcoin shows a gradual increase, and I hope that this can continue. with the growth of prices, it will certainly increase investor confidence

karanggatak

hero member

Activity: 1106

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I think every year more countries and stores or companies will legalize bitcoin as a means of payment. and in the future more and more people will be using bitcoin.
and this year it looks like the crypto market is starting to recover little by little the market is beginning to experience an increase. I hope this situation continues.

CoinEraser

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I expect for 2019 that the acceptance of crypto will continue to rise and more and more people, online shops etc will accept it as a means of payment. Surely it will take some more years until we can pay everywhere with it. I don't expect any miracles of 2019 regarding the acceptance of cryptocurrencys, but as long as more and more people accept it, I'm satisfied for 2019. Wink

n0ne

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SecureShift.io | Crypto-Exchange

Crypto as a payment way for goods were used by people long back itself. As the years pass the adoption keeps increasing, along with the same there is need for something more effective than the present days banking services. To this cryptocurrencies were the one to fulfill the same. Years back itself this is into usage, even African people used to convert their local currencies to bitcoin and use it as their currencies were into inflation and it is impossible to take a huge fund with them.

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