Topic: Daily use of bitcoin? - page 15. (Read 42450 times)
I use to buy a voucher, pay bills online, buy a phone and of course trading, bitcoin is very useful and better than all internet payment method. Very like with bitcoin because easy, safe and profitable.
Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
yes you will waiting it , because each transaction of bitcoin need to approve .. maybe this is person considerations to use bitcoin for daily life because people can not wait.. so now just little people use of bitcoin maybe this is a reasonAs far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
I don't think he have to wait until the transaction is confirmed as once the merchant sees incoming transaction in his wallet then its done and no need to wait for 3 confirmations and even if there is delay in confirmation people are still willing in using bitcoins so that is not at all an issue for users of bitcoins
I'm sorry to tell you but this simply doesn't work
A few years ago some Bitcoin casinos allowed to gamble with coins not yet confirmed (i.e. with 0 confirmations). For example, PrimeDice was known to credit to your account coins with unconfirmed transactions. It all ended when someone sent a decent amount of bitcoins there, lost all of them, and then made a successful attempt at double spend leaving the casino with no profit. There is no reason to trust some random dude on the net, and many merchants accept payments only from Coinbase wallets to their Coinbase wallets since these off-chain transactions are close to being ping-time instant
Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
The confirmation time is without a doubt a limitation to use bitcoin like that, bitcoin is better suited for operations where you don’t need confirmation in a matter of seconds, so the usage in our daily lives of bitcoin is going to be limited, but bitcoin is great for operations like the ones you do in internet.As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
It can be limited at a moment but things can change in future when confirmation time will get faster and also we will find many places to spend them physically but if talk about the present then yes the usage of bitcoin in real world is very limited.
Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
The confirmation time is without a doubt a limitation to use bitcoin like that, bitcoin is better suited for operations where you don’t need confirmation in a matter of seconds, so the usage in our daily lives of bitcoin is going to be limited, but bitcoin is great for operations like the ones you do in internet. As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
yes you will waiting it , because each transaction of bitcoin need to approve .. maybe this is person considerations to use bitcoin for daily life because people can not wait.. so now just little people use of bitcoin maybe this is a reasonAs far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
I don't think he have to wait until the transaction is confirmed as once the merchant sees incoming transaction in his wallet then its done and no need to wait for 3 confirmations and even if there is delay in confirmation people are still willing in using bitcoins so that is not at all an issue for users of bitcoins.
Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
yes you will waiting it , because each transaction of bitcoin need to approve .. maybe this is person considerations to use bitcoin for daily life because people can not wait.. so now just little people use of bitcoin maybe this is a reason As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
I am using daily on trading and gambling sites but not using in daily life as I think its better to save them for future instead of wasting them in buying some irrelevant stuffs but when it comes to grow them then I don't think there is anything wrong in spending it online.
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Yes, that is the most challenging things to use bitcoins for small amount transactions. But you can consider using XAPO account for free transactions but if you receive very small amount then they do also get some charges. But until now they are not charging for sending money to other people.
Paying fees is mandatory and if you want fast transactions then you need to pay higher fees and for the same reason people will not prefer to spend their coins and will prefer to save them for the future so that they can spend them which price is higher.
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Valid point, that's why there's the urgent need for this fees and low confirmations issue to be solved because with time Bitcoin will be good for only one time huge transactions and not for petty or daily individual use.
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Yes, that is the most challenging things to use bitcoins for small amount transactions. But you can consider using XAPO account for free transactions but if you receive very small amount then they do also get some charges. But until now they are not charging for sending money to other people.
It's not that popular online. Like as in online shops. Just try and see how many online shops that accept bitcoin you can find. I mean the list is growing by the day but still bitcoin payments are still in their infancy. But still, from what I can see things are looking up, slowly but surely.
I think the online store will not be used every day. you can not be spending then always pay the shipping costs continually, perhaps if it had been a lot of offline stores that accept bitcoin we could use bitcoin everyday Even if it's not popular with online stores in your jurisdiction I believe with time as more people get on board it will gain popularity online too. Secondly, it needn't have to be used online alone but can interchangeably be used for both online and physical shops without any cause for alarm.
Actually, if now mostly people can't use the bitcoin on online, Because in every country are not accepting the bitcoin from online, and i see mostly people prefer to save and hold the bitcoin instead of using it online shops.
Yeah people are using it daily on trading and gambling sites to grow their bitcoins quick and the fact is they cannot use it anywhere offline only because there are very few places at a moment that accepts bitcoin as a mode of payment so the usage of bitcoins in real world is very limited.
For you xapo is your "best wallet" but the only reason is because you guys avoid paying the miners fees. Otherwise i am sure your favorite flower would be another wallet, this is funny... on top of that if xapo start tomorrow to charge feesn as it should be, then xapo will not be your "best wallet" anymore !
And what's wrong with that?
I had been using a Coinbase wallet myself till some time ago, and I was quite happy with it, to be honest. Until they started taking fees for transactions. This and likely future Bitcoin fork, which is unlikely but still not completely impossible (obviously, they are not going to credit BTU tokens as they didn't credit new Ethereum coins after the split), made this wallet no longer interesting to me, and I moved my funds elsewhere. And I guess a lot of people will follow or already followed my lead. I didn't get married to it, anyway
For you xapo is your "best wallet" but the only reason is because you guys avoid paying the miners fees. Otherwise i am sure your favorite flower would be another wallet, this is funny... on top of that if xapo start tomorrow to charge feesn as it should be, then xapo will not be your "best wallet" anymore !
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Yes, that is the most challenging things to use bitcoins for small amount transactions. But you can consider using XAPO account for free transactions but if you receive very small amount then they do also get some charges. But until now they are not charging for sending money to other people.
xapo is a good option for us if we want to send and receive the amount and i think xapo is one of the best wallet for me although i am not too often to use xapo. i think its only a few people that is doing daily transactions and the rest will safe their bitcoin and only spend if they have a needs to fill or they want to get cash.
It's not that popular online. Like as in online shops. Just try and see how many online shops that accept bitcoin you can find. I mean the list is growing by the day but still bitcoin payments are still in their infancy. But still, from what I can see things are looking up, slowly but surely.
I think the online store will not be used every day. you can not be spending then always pay the shipping costs continually, perhaps if it had been a lot of offline stores that accept bitcoin we could use bitcoin everyday Even if it's not popular with online stores in your jurisdiction I believe with time as more people get on board it will gain popularity online too. Secondly, it needn't have to be used online alone but can interchangeably be used for both online and physical shops without any cause for alarm.
Actually, if now mostly people can't use the bitcoin on online, Because in every country are not accepting the bitcoin from online, and i see mostly people prefer to save and hold the bitcoin instead of using it online shops.
often people assume that the transaction using bitcoin have to wait for some confirmation, if in this case the business selling hot coffee using bitcoin have to wait how the confirmation then need you to be quiet because a lot of time wasted by your customers, so my advice if you want more do not use confirmation in today's payment transactions for each transaction of bitcoin was not going back again just takes time to get into the purse of the recipient.
I do not think you can removed the confirmation for the online transaction specially in bitcoin. But you think business which is do not need for rushing all the transaction you need to consider the time frame of the confirmation and i do not think customer used this in buying coffee.
often people assume that the transaction using bitcoin have to wait for some confirmation, if in this case the business selling hot coffee using bitcoin have to wait how the confirmation then need you to be quiet because a lot of time wasted by your customers, so my advice if you want more do not use confirmation in today's payment transactions for each transaction of bitcoin was not going back again just takes time to get into the purse of the recipient.
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Yes, that is the most challenging things to use bitcoins for small amount transactions. But you can consider using XAPO account for free transactions but if you receive very small amount then they do also get some charges. But until now they are not charging for sending money to other people.
Bitcoin currency is so high that if we exchange bitcoin for money we can get a lot of money..,
There are many uses of bitcoin in our every day life really we can use bitcoin to buy things that we may need.,
Also bitcoin is just like a real money and as we all know how important in us a money is ..
We use money for our living to survive and be alive .,,
Bitcoin is money and we can use in for our future investing to earn money etc.
Use bitcoin to buy food and anything that we may need.,
Just earn more bitcoin zzz ..
There are many uses of bitcoin in our every day life really we can use bitcoin to buy things that we may need.,
Also bitcoin is just like a real money and as we all know how important in us a money is ..
We use money for our living to survive and be alive .,,
Bitcoin is money and we can use in for our future investing to earn money etc.
Use bitcoin to buy food and anything that we may need.,
Just earn more bitcoin zzz ..
It's a little more difficult to use Bitcoin in daily transactions now that the fees are about a dollar per transaction. Companies like BitPay are now including the fees in the transactions. Am I really going to spend a dollar on fees just to get a dollar coffee?
Jump to: