Crypto as a payment method for goods: what to expect in 2019 - page 7.

AbsCentner

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Quote from: FallApart on April 16, 2019, 12:33:10 AM

Well, that's SO pessimistic)) To me, crypto is gonna rock this world really soon.

Have no idea what exactly you are referring to, but today lots of crypto investors and traders are working on that. I'm from quite a smal city and the youngsters are just barely aware of the crypto here. Perhaps some info on the Net and that's it. Even more haven't heard of that at atll. I mean there's no doubt some are using the Blockhain techlogogy and paying in BTC and ETH now, but the majoiry hasn't heard a thing about it yet. For the most part, it is still an idea.

FallApart

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Quote from: AbsCentner on April 15, 2019, 04:20:55 AM

This year is not the one to bet on. BTC is still pretty volatile. Also with the rate getting lower, lots of us are losing faith. I'm not here to make any predictions and foresee the exhanges development as there's no use id doing it at all. Speaking of crypto as a payment method I guess it won't soon be globally accepted. Everything going on rg is just a number of efforts made during the crypto hype.

Well, that's SO pessimistic)) To me, crypto is gonna rock this world really soon.

desticy

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www.cd3d.app

People need fast payment methods, we do not live in the Stone Age, but most of the cryptocurrencies are deferred waiting means of payment, it’s one thing when you pay something on the Internet and you have time to wait, it’s quite another when you are in the store and you have no time.

Pasaway2701

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Quote from: NewbieCollector on April 11, 2019, 05:03:56 AM

Quote from: Ayiranorea on April 10, 2019, 07:59:14 PM

Crypto into payments can be seen all around as Marketplaces have begun to accept bitcoin compared to the past. There is also some form of issue relative to it which is the transaction confirmation. At times there will be more transactions stuck on the network due to congestion. This is not fair when used into businesses, so more advancements is a must for using bitcoin as Payments.

Until BTC is volatile, it cannt be used as a payment method. It's fraught with loses and inconveniences for users.

Bitcoin is very volatile and can be more profitable so better hold it than used on the market. Though there is store that accepts, I cannot see how many going to give up there coins for that or just choose to used fiat instead. There is no fruit as 2019 goes by on half year.

AbsCentner

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This year is not the one to bet on. BTC is still pretty volatile. Also with the rate getting lower, lots of us are losing faith. I'm not here to make any predictions and foresee the exhanges development as there's no use id doing it at all. Speaking of crypto as a payment method I guess it won't soon be globally accepted. Everything going on rg is just a number of efforts made during the crypto hype.

MrGreenMan

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Quote from: Umkar on April 12, 2019, 10:10:12 AM

It looks like the first quarter of 2019 did not show a strong development of the crypto industry, but rather last year’s decline continued. If in 2017 I often heard about how ATM Bitcoin appears in my city and new places where they accept cryptocurrencies as payment, now there is almost no news about new points where cryptocurrencies could be used. But now, when the price of all coins began to grow, many crypto projects became more active and began to develop. There are already quite a lot of crypto wallets with various functions that facilitate the use of cryptocurrencies for the purchase of goods, I chose some of the most convenient ones for myself, but I want to leave one of the best. Unfortunately, last year’s decline in the crypto market slowed down the development of the crypto infrastructure, but I think this year will be more successful than the past.

cool

MrGreenMan

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cool

Umkar

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It looks like the first quarter of 2019 did not show a strong development of the crypto industry, but rather last year’s decline continued. If in 2017 I often heard about how ATM Bitcoin appears in my city and new places where they accept cryptocurrencies as payment, now there is almost no news about new points where cryptocurrencies could be used. But now, when the price of all coins began to grow, many crypto projects became more active and began to develop. There are already quite a lot of crypto wallets with various functions that facilitate the use of cryptocurrencies for the purchase of goods, I chose some of the most convenient ones for myself, but I want to leave one of the best. Unfortunately, last year’s decline in the crypto market slowed down the development of the crypto infrastructure, but I think this year will be more successful than the past.

gabmen

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Quote from: Naida_BR on April 12, 2019, 05:59:28 AM

Quote from: Ayiranorea on April 10, 2019, 07:59:14 PM

Crypto into payments can be seen all around as Marketplaces have begun to accept bitcoin compared to the past. There is also some form of issue relative to it which is the transaction confirmation. At times there will be more transactions stuck on the network due to congestion. This is not fair when used into businesses, so more advancements is a must for using bitcoin as Payments.

The acceptance of cryptocurrencies has started to happen but still we are in a very initial stage.
Still, we have a long way to go because the marketplace may be full of bitcoin accepted transactions but those are informal. We need to have a more formal place to sell and buy product with cryptos.

That will come. But it won't happen overnight of course. Compared to a few years back, the amount of bitcoin and crypto usage has dramatically increased and there's no reason why it should slow down now.

incomefromcoins

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with the launch of coinbase debit card in London we can expect mass adoption happen and most of the merchants and consumer transit through crypto-based cards in the coming future

Caladonian

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Quote from: Ayiranorea on April 10, 2019, 07:59:14 PM

Crypto into payments can be seen all around as Marketplaces have begun to accept bitcoin compared to the past. There is also some form of issue relative to it which is the transaction confirmation. At times there will be more transactions stuck on the network due to congestion. This is not fair when used into businesses, so more advancements is a must for using bitcoin as Payments.

With many people already heard and learned about crypto there's nothing to expect than more businesses to cater the system, we do learned and so with them, the acceptance will be far better this year as the momentum start again to rise, with news and more related topics around social institutions and media coverage, we can expect more new followers and attracted believers.

Naida_BR

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Quote from: Ayiranorea on April 10, 2019, 07:59:14 PM

Crypto into payments can be seen all around as Marketplaces have begun to accept bitcoin compared to the past. There is also some form of issue relative to it which is the transaction confirmation. At times there will be more transactions stuck on the network due to congestion. This is not fair when used into businesses, so more advancements is a must for using bitcoin as Payments.

The acceptance of cryptocurrencies has started to happen but still we are in a very initial stage.
Still, we have a long way to go because the marketplace may be full of bitcoin accepted transactions but those are informal. We need to have a more formal place to sell and buy product with cryptos.

Muzika

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Quote from: kamilah147 on April 12, 2019, 04:11:18 AM

Quote from: OrangePotato on February 01, 2019, 03:56:26 AM

I wonder what markets have you heard of? I recently found MT, now studying. I have a feeling this is going to take off. I decided that while there is time it is necessary to get acquainted with this market.

I still believe in the altcoin market and still believe in ETH even though currently the market conditions and conditions are in a bad condition and I believe the altcoin will become even more developed

Maybe it is better if you will see the team will be better and better soon and not only the project, maybe it is better if we will just look unto the honesty of the team to the investors and willingness of them to share what must be on the investors, that is the most common problem in cryptocurrency that is why the market was not that good most of the time. The abandonment of the team to their project after sales leads to the negativity to the altcoin industry. A team can create a good coin in the market but they dont have time to sustain it until the further success.

eaLiTy

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Quote from: The Sceptical Chymist on April 07, 2019, 12:32:43 PM

If I'm not mistaken (I haven't sent any bitcoin in the past 4 days or so), there was recently a lot of network congestion and transactions were stuck in the blockchain for about a day or two. It's all good now, but situations like those really take away from bitcoin's usefulness as a currency. Who in their right mind would want to use bitcoin and potentially wait a day for a confirmation when they could just as easily pay for something with fiat? That's always been a deal breaker in my eyes, and it's just one of the reasons why I don't like spending bitcoin on things I could pay for with cash or a debit card.

Yes there was a network congestion in the past week when the market started rising and if you are giving a minimal transaction fees, it would get stuck for days while a few days back it would get through in a couple of years, when the market rises and if there are more transactions the only way to move the coins faster is to increase your transaction fees, i did input less than ten thousand satoshi and it went through within the next few blocks, transaction fees are still lower.

Quote from: The Sceptical Chymist on April 07, 2019, 12:32:43 PM

Bitcoin will probably always be useful for things on the dark markets and for transactions where a little bit of anonymity is needed. It's also useful for legally grey-area stuff that banks and payment processors don't want to get involved with (cannabis seeds, kratom, you name it). Other than that, there probably won't be much progress. When places like Amazon and eBay start jumping aboard, then bitcoin will have hit mainstream. Until then, its main use is as an investment.

I do agree with some of your sentiment here, but if there are merchants accepting bitcoin, i am sure people will be using that to make their payments instead of using credit cards, you never know how secure those card details will be if you are using it for purchasing online, that is not the case with bitcoin and that is a major difference.

GreenwoodStranger

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Quote from: technoloverr on April 12, 2019, 02:57:03 AM

Quote from: GreenwoodStranger on April 12, 2019, 12:07:31 AM

Not Bad...:O So I can be transfered money with no fees, too, right?

Yep. Go to MY website, they have all the info there.

Thanks, will do!:)

buwaytress

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Quote from: Xising on April 12, 2019, 02:31:40 AM

I think many have been doing that already since many companies have already allowed cryptocurrencies to be used that way, or a select few of them for that matter. I think, as more and more coins would be accepted by more companies, especially the trusted ones to be used as a payment for goods and services that would open new doors for the horizons of cryptocurrencies. However, for now, it is limited because there still a lot of considerations that companies think of, since we can't hide the fact that cryptocurrencies, in terms of its value, changes in a blink. So, as a company that needs a return for its capital, it would be too difficult to just accept and accept cryptocurrencies knowing how it can be unreliable.

The real shift for me would be for merchants to start ditching those payment processors that actually doesn't do anything other than make a Bitcoin-fiat gateway. I'd really like to see more "Bitcoin accepted here" signs to mean that merchants are actually using their own Bitcoin wallets, and not forcing customers to pay using something like Bitpay, where they've to pay fees anyway (not to mention the inability now to use RBF or even set reasonable fees, as Bitpay's network insists you pay exorbitant miner fees).

With LN really smoothening out its rough edges too, there could be added incentive. Not sure 2019's the year for that though.

kamilah147

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Quote from: OrangePotato on February 01, 2019, 03:56:26 AM

I wonder what markets have you heard of? I recently found MT, now studying. I have a feeling this is going to take off. I decided that while there is time it is necessary to get acquainted with this market.

I still believe in the altcoin market and still believe in ETH even though currently the market conditions and conditions are in a bad condition and I believe the altcoin will become even more developed

technoloverr

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Quote from: GreenwoodStranger on April 12, 2019, 12:07:31 AM

Not Bad...:O So I can be transfered money with no fees, too, right?

Yep. Go to MY website, they have all the info there.

Xising

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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?

I think many have been doing that already since many companies have already allowed cryptocurrencies to be used that way, or a select few of them for that matter. I think, as more and more coins would be accepted by more companies, especially the trusted ones to be used as a payment for goods and services that would open new doors for the horizons of cryptocurrencies. However, for now, it is limited because there still a lot of considerations that companies think of, since we can't hide the fact that cryptocurrencies, in terms of its value, changes in a blink. So, as a company that needs a return for its capital, it would be too difficult to just accept and accept cryptocurrencies knowing how it can be unreliable.

GreenwoodStranger

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Not Bad...:O So I can be transfered money with no fees, too, right?

Topic: Crypto as a payment method for goods: what to expect in 2019 - page 7. (Read 17351 times)