Topic: Crypto as a payment method for goods: what to expect in 2019 - page 17. (Read 17370 times)
February 25, 2019, 01:48:15 PM
Currently, we can pay for almost any product, as well as various services with the help ofcryptocurrency. It is convenient, fast and only requires a transaction fee. Therefore, with each passing day, the adoption of cryptocurrencies will increase, and will be the integration and strengthening of links between cryptocurrency and fiat payment services.
February 25, 2019, 01:44:03 PM
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?
It is really the right time to become an active user! Cryptocurrency market is trying to survive and I do believe that it is currently too volatile to be as money. It has to became very stable and adoptable for us to be able to used it for the payment for good and services. Online and offline business cannot really used it because you will not know if it will grow or not and if it goes down as it is doing now there is no way you will not lose. 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?
February 25, 2019, 12:32:14 PM
Pretty good idea but not all investors/merchants are willing to take risks in doing this idea specially during this bear season and since can be able to tell when will this season be over, its quite difficult for them to dip their hands on this. Nobody wants to lose in business so they would better choose something that's already been tested and proven, fiat.
Eventually, they will adapt to cryptocurrency but for now, to save their businesses they will have to choose fiat first. Although, paying digital currency in other countries has started already and they don't have a problem with it. Entering blockchain and adopting to crypto is a new kind of business which requires merchants too.Pretty good idea but not all investors/merchants are willing to take risks in doing this idea specially during this bear season and since can be able to tell when will this season be over, its quite difficult for them to dip their hands on this. Nobody wants to lose in business so they would better choose something that's already been tested and proven, fiat.
Eventually, they will adapt to cryptocurrency but for now, to save their businesses they will have to choose fiat first. Although, paying digital currency in other countries has started already and they don't have a problem with it. Entering blockchain and adopting to crypto is a new kind of business which requires merchants too.Pretty good idea but not all investors/merchants are willing to take risks in doing this idea specially during this bear season and since can be able to tell when will this season be over, its quite difficult for them to dip their hands on this. Nobody wants to lose in business so they would better choose something that's already been tested and proven, fiat.
Eventually, they will adapt to cryptocurrency but for now, to save their businesses they will have to choose fiat first. Although, paying digital currency in other countries has started already and they don't have a problem with it. Entering blockchain and adopting to crypto is a new kind of business which requires merchants too. 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?
Many countires hae crypto as payment for tax payment and the country like Japan where you can even buy a car with bitcoin so it is evolving as a currency too but if we want the bitcoin to be a real currency it need to be accepted in small hops then only we can avoid fiat. 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?
Let's think logically. The use of cryptocurrency as a means of payment will be massive as soon as there is more confidence in it. And trust will be when the course of the coins will be stable and adjusted.
It sounds good, of course, but the cryptocurrency will be regulated for a long time, since each country has its own views on this matter. Some perceive it as money and others as property.And what we need to expect is that there will be more people that will start using it few years from now. It's popularity is unstoppable and knowledge about it by the people is growing.
in general - yes, crypto is crypto and it could not be regulated totally.
still if it is not regulated - it will not be used as a payment method in offline.
Well if we're talking about 2019, such use of crypto would be limited. Aside from lack of regulation, it's still fluctuating a lot to be used as a regular means for doing transactions. In time of course we'll get there with the regulations in place and i think it's going to be a very productive bitcoin onwards.
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?
We need the lightning network, it is as simple as that, as soon as the price of bitcoin goes up the network gets very busy and you need to pay huge transaction fees to get a confirmation in a decent amount of time, however even getting a confirmation in 10 minutes on average is not good enough, if we want bitcoin to be used to buy goods we need this process to be many times faster and until that happens I do not see massive adoption happening at allI'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?
It would be interesting to see that situation to repeat itself
And how well Lightning Network would behave under such stress, i.e. how many people would actually be encouraged to use it in real life. But right now with measly 700 bitcoins used for payment channels, it doesn't look very promising on this front (and it remains to be seen whether these coins are actually used for anything)
If things were to repeat themselves, we would likely get into what we had already been in with insanely high fees in the past. To put differently, we may not see mass use of this technology until there is mass adoption already under way. So it is not like you see it (i.e. no mass adoption before LN)
Crypto as a payment method may occur in the future. But for 2019 it may not be the right time because prices are very down and still in a bearish trend, so this is not the right time to become crypto as a payment method and at least have to wait for prices to return to normal. The most important thing to make the payment method must have good security, this is more important. But there is good news in my country, which legalized crypto as a payment method some time ago, maybe this is a little progress that has been achieved even though not in the right time.
in fact to make payments using the cryptocurrency method and pay using the bitcoin currency it has its own bad side and positive side, but when conditions are unstable like this then it has a very high risk because the exchange value is always changing.
Crypto as a payment method may occur in the future. But for 2019 it may not be the right time because prices are very down and still in a bearish trend, so this is not the right time to become crypto as a payment method and at least have to wait for prices to return to normal. The most important thing to make the payment method must have good security, this is more important. But there is good news in my country, which legalized crypto as a payment method some time ago, maybe this is a little progress that has been achieved even though not in the right time.
The times when people paid bitcoin's for pizza passed long ago. Currently people are concentrated on cryptos storage and trading in search of profit. Many people expecting prices for crypto will fly to the moon and that's the reason of why Noone hurry to exchange their coins on goods. This year won't be different.
but for this year many predict that starting in the middle of the year, arga will begin to rise. we can see now, where seming sees the green market. so I hope that many people transact using crypto, thus increasing the priceI think this year will be different because we will see many people trying to use crypto. I agree that the price will increase and on the other side, the adoption will continue. And if right now people are concentrated with storage and trading, they will still use bitcoin for making a payment. But I think if bitcoin is used as the payment, it will make people become confused because bitcoin price always changes at any time.
I count on Bakikt launch
I have ben reading very good article about Bakkt and i am Bakkt big fan
Posting that article below it is really worth to read
http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/
Bakkt aims to make Bitcoin trading safe for Wall Street. Now, a new acquisition confirms that the cryptocurrency trading company is speeding its plans to revolutionize the way people pay for everything from coffee to cars.
From the start, Bakkt has harbored a second, parallel goal: To transform the retail payments system where merchants pay steep fees for every dollar you and I pay at the checkout counter. “The evolution of blockchain technology opens new possibilities for digital assets to serve as an an efficient payments mechanism at the consumer and merchant level,” Loeffler tells Fortune
So after reading that i see that Bakkt will be something great and can be real game changer
I also think that LN will cause more merchant adoption
Rest is in the hands of bitcoiners
Do bitcoiners will like to spend his bitcoins or rather keep them and count on price rise
I have ben reading very good article about Bakkt and i am Bakkt big fan
Posting that article below it is really worth to read
http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/
Bakkt aims to make Bitcoin trading safe for Wall Street. Now, a new acquisition confirms that the cryptocurrency trading company is speeding its plans to revolutionize the way people pay for everything from coffee to cars.
From the start, Bakkt has harbored a second, parallel goal: To transform the retail payments system where merchants pay steep fees for every dollar you and I pay at the checkout counter. “The evolution of blockchain technology opens new possibilities for digital assets to serve as an an efficient payments mechanism at the consumer and merchant level,” Loeffler tells Fortune
So after reading that i see that Bakkt will be something great and can be real game changer
I also think that LN will cause more merchant adoption
Rest is in the hands of bitcoiners
Do bitcoiners will like to spend his bitcoins or rather keep them and count on price rise
The times when people paid bitcoin's for pizza passed long ago. Currently people are concentrated on cryptos storage and trading in search of profit. Many people expecting prices for crypto will fly to the moon and that's the reason of why Noone hurry to exchange their coins on goods. This year won't be different.
but for this year many predict that starting in the middle of the year, arga will begin to rise. we can see now, where seming sees the green market. so I hope that many people transact using crypto, thus increasing the priceI think this year will be different because we will see many people trying to use crypto. I agree that the price will increase and on the other side, the adoption will continue. And if right now people are concentrated with storage and trading, they will still use bitcoin for making a payment. But I think if bitcoin is used as the payment, it will make people become confused because bitcoin price always changes at any time.
The times when people paid bitcoin's for pizza passed long ago. Currently people are concentrated on cryptos storage and trading in search of profit. Many people expecting prices for crypto will fly to the moon and that's the reason of why Noone hurry to exchange their coins on goods. This year won't be different.
Some companies already accept bitcoin as mode of payment, but since the value of bitcoin and other altcoins are increasing, they become a hodlers. Though there are still someone who are willing to use their bitcoin especially in gambling.
Now many companies are launching their own coin for product purchases and this demand will kept increase. We can easily find the real value in it, as long as if the company has good reputation and their product are really worth able and that's why many companies are launching their token as security tokens.
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?
Cryptocurrency as a payment method for goods and services is something that makes things easy, convenient and time effecient so why would I be using fiat just to fall in line to pay bills and get robbed? Security is one of the most common issue here not volatililty. Though merchants are looking into crypto as unstable asset but I think they are going to be adopting crypto as payment and what interesting here is that they already did as early as 2014 until now and that is an advantage for all cryptocurrency users worldwide. 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?
The times when people paid bitcoin's for pizza passed long ago. Currently people are concentrated on cryptos storage and trading in search of profit. Many people expecting prices for crypto will fly to the moon and that's the reason of why Noone hurry to exchange their coins on goods. This year won't be different.
but for this year many predict that starting in the middle of the year, arga will begin to rise. we can see now, where seming sees the green market. so I hope that many people transact using crypto, thus increasing the price
Well i think it is a very good news that cryptocurrencies are being used to make purchases. After all that was the sole aim of Satoshi. This year will be a good year to increase the adoption of cryptocurrencies in making payments. Samsung has confirmed the in-built cryptocurrency wallet in their new Samsung Galaxy 10
The times when people paid bitcoin's for pizza passed long ago. Currently people are concentrated on cryptos storage and trading in search of profit. Many people expecting prices for crypto will fly to the moon and that's the reason of why Noone hurry to exchange their coins on goods. This year won't be different.
for me what ever a change to a cryptocurrency now and no matter how long it takes from the bitcoin method I will accept, because for me nothing else to replace a bitcoin crypto will remain the same it's strong. so if the crypto of 2019 is going to be an even product payment, it's better to have it, so that a bitcoin crypto will change.
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