I think quite the show txid bitcoin delivery to the address of the seller.
Topic: Daily use of bitcoin? - page 22. (Read 42430 times)
It can use to pay your bill and you can also use it to trading and investing to get more income.When you use bitcoin think wisely because there are lot of scammer that will take your money.
Not only with bitcoin everywhere scammers were found much. Something important is that scammers focus much on we the newbies. Several threads indicate newbies to be safe. 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?
We had a merchant here who accepted bitcoin, if I want to buy bitcoin I'm just gonna show the reference number to the cashier and that tracking which I gave can directly transferred to my wallet in the site of the merchant. Very convenient to use and affordable too.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?
We had a merchant here who accepted bitcoin, if I want to buy bitcoin I'm just gonna show the reference number to the cashier and that tracking which I gave can directly transferred to my wallet in the site of the merchant. Very convenient to use and affordable too. 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 don't think there is a need to wait for the confirmation, if a fee recommended or little above is paid you'll get faster confirmations. Other than this once after sending the receiver end gets the transacted amount under the unconfirmed transaction list. This itself helps the receiver a hope of receiving the payment.
How fast is the fastest confirmation of payments? And how much to pay for quick approval?
But usually with standard fee your transaction might have a delay between 1-3 blocks.
Miners will usually incorporate transactions with the highest fee/byte ratio first so the higher your fee is, the faster your tx will be confirmed.
If you want to check which fee should you use, check this site: https://bitcoinfees.21.co/
I think for me, the daily use of bitcoins is somehow for my investment, daily needs and some extra jobs. Investment because even I earn many bitcoin I will use it to invest in some sites so that even if I am using it, it doesn't lose little by little. And second daily needs, every person has its own daily needs that need to sustain. So for me, I use bitcoin to sustain it so that even if my needs is many I able to support it. And sometimes I gave some to my parent's so that I can help even in little things. And last extra jobs, in my bitcoin I use it to make some extra jobs. In our place I mae a extra jobs or reloading. Using my bitcoins I reload to som people to make extra income. That's All. Goodluck Bitcoiners!
It can use to pay your bill and you can also use it to trading and investing to get more income.When you use bitcoin think wisely because there are lot of scammer that will take your money.
Could maybe a pre-blockchain part be implemented? Like a system that accepts payments, transactions, in seconds and when then later on it syncs with the blockchain and confirmations? Like a storage of transactions where all are stored before sent out.
Yep, they are mostly referred to as off-chain transactions. Lightning Network is something that could bring Bitcoin to next level. It offers instant transactions at ultra low cost since they are done off the blockchain. It will allow Bitcoin more than ever to function as the ultimate micro transacting tool. Imagine how popular that will make Bitcoin in third world countries as they depend on micro transactions. Using Bitcoin as payment solution in physical stores won't be an issue anymore. Huge benefits.
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?
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?
In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.
Nope there is no any official announcement from Starbucks about accepting bitcoins. Still bitcoin doesn't reached the position like the fiat currency how we use in day today life. It's not widely accepted by the businesses and government. Then only it is possible.
I too have came across several news portal that Starbucks accept bitcoins. We don't know what's the truth, I too convert to Fiat for my daily needs as it's really hard to find stores that accept bitcoins. These days even bitcoin accepting shops might have given a break due to the confirmation delay.
Maybe in some country, they are accepting, but I am not sure and not heard this news in anywhere. But we have one chance to pay your coffee bill through bitcoin. How means through bitcoin debit card. We can pay our bills through this card. But only in the limited country, we have this card facility. Other than this I don't have any idea how to use bitcoins directly in the real world.
I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.
Can you meet your daily basic needs with bitcoin? Market shopping, clothing needs etc.
No, I can't meet daily basic needs with bitcoin.In my country, no one shopping center accept bitcoin as a payment processor.Even, they don't know about bitcoin.Here only young generation knows only about bitcoin. Bitcoin meets me some necessary tools that I need much time, like VPS, VPS,Domain, Hosting etc.With the purposes of bitcoin, I can easily buy them.
I think Bitcoin is more preferred for online products. It is not used too much in the exchange of real life products.
First of all, people have not even heard of bitcoin. Even among people who are interested in technology, bitcoins can be people who do not hear the name.
This will take some time to be fully realized. Even online payment systems with bitcoin have not become fully widespread.
But an initiative project can be done about it. Investments can be made to allow companies to accept payments as bitcoins.
I don't think there is a need to wait for the confirmation, if a fee recommended or little above is paid you'll get faster confirmations. Hopefully in the future this kind of things can be reduce, if the transaction speed being increase i am sure many store will start to adapt bitcoin and more user will be happy to used bitcoin.
Confirmation in transaction is not a problem anymore, just take a look at how we bought digital goods. As soon as we send the amount to the address provided by the site, it immediately mark our transaction paid after a few seconds. If that's what the stores in real life will use, then transaction confirmation won't be a problem.
But if we will use the traditional confirmation waiting, then that will really slow down the transactions in the stores or if you want it fast then you pay high transaction fee.
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?
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?
In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.
Nope there is no any official announcement from Starbucks about accepting bitcoins. Still bitcoin doesn't reached the position like the fiat currency how we use in day today life. It's not widely accepted by the businesses and government. Then only it is possible.
I too have came across several news portal that Starbucks accept bitcoins. We don't know what's the truth, I too convert to Fiat for my daily needs as it's really hard to find stores that accept bitcoins. These days even bitcoin accepting shops might have given a break due to the confirmation delay.
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?
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?
In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.
Nope there is no any official announcement from Starbucks about accepting bitcoins. Still bitcoin doesn't reached the position like the fiat currency how we use in day today life. It's not widely accepted by the businesses and government. Then only it is possible.
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?
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?
In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.
Could maybe a pre-blockchain part be implemented? Like a system that accepts payments, transactions, in seconds and when then later on it syncs with the blockchain and confirmations? Like a storage of transactions where all are stored before sent out.
If you really wanted to use bitcoin on a day to day activity the best possible solution is to start using a bitcoin debit card and there are some companies that provide bitcoin debit card.So the case is closed i guess. 
Could maybe a pre-blockchain part be implemented? Like a system that accepts payments, transactions, in seconds and when then later on it syncs with the blockchain and confirmations? Like a storage of transactions where all are stored before sent out.
If you really wanted to use bitcoin on a day to day activity the best possible solution is to start using a bitcoin debit card and there are some companies that provide bitcoin debit card.So the case is closed i guess. 
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?
Hi Michel, I don't think bitcoin is taking that much time to get transaction sent, I mean, its nearly immediately transfer after your command. And the most problem is just about the confirmation of transaction. And yes, maybe sometime its take long to be confirmed but maybe in just about 30-45 minutes, and some store like Starbucks (in this case) if they accept using bitcoin for payment, I think they will find ways to approve that your deal should be completed in about 1-2 minutes after your sending. 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 bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.
Can you meet your daily basic needs with bitcoin? Market shopping, clothing needs etc.
No, I can't meet daily basic needs with bitcoin.In my country, no one shopping center accept bitcoin as a payment processor.Even, they don't know about bitcoin.Here only young generation knows only about bitcoin. Bitcoin meets me some necessary tools that I need much time, like VPS, VPS,Domain, Hosting etc.With the purposes of bitcoin, I can easily buy them.
I think Bitcoin is more preferred for online products. It is not used too much in the exchange of real life products.
First of all, people have not even heard of bitcoin. Even among people who are interested in technology, bitcoins can be people who do not hear the name.
This will take some time to be fully realized. Even online payment systems with bitcoin have not become fully widespread.
But an initiative project can be done about it. Investments can be made to allow companies to accept payments as bitcoins.
Could maybe a pre-blockchain part be implemented? Like a system that accepts payments, transactions, in seconds and when then later on it syncs with the blockchain and confirmations? Like a storage of transactions where all are stored before sent out.
Yep, they are mostly referred to as off-chain transactions. Lightning Network is something that could bring Bitcoin to next level. It offers instant transactions at ultra low cost since they are done off the blockchain. It will allow Bitcoin more than ever to function as the ultimate micro transacting tool. Imagine how popular that will make Bitcoin in third world countries as they depend on micro transactions. Using Bitcoin as payment solution in physical stores won't be an issue anymore. Huge benefits.
Truly it will create a problem to use bitcoin in our daily lives. As per the current status, it takes around 30 minutes for a bitcoin transaction to get confirmed from the network. So it won't work on a fast paced environment. Prefer cash for that.
However, if you want to become rich in future, don't use bitcoin to purchase anything in your daily life. Instead save your bitcoins in a safe wallet for few years and try to accumulate more if possible. Then only you will come to know the actual power of bitcoin. It has a huge upside potential and can fetch you a much higher return than any conventional investment. SO invest in bitcoin instead of spending it.
This is true but at some point bitcoin needs to deliver what it promised to be, a currency, if it does not you can be sure the price will not skyrocket as much as people think, bitcoin needs to become a useful currency that is accepted, it does not need to be accepted everywhere or used everywhere but at least it needs to become a major competitor to paypal and other online payment systems.However, if you want to become rich in future, don't use bitcoin to purchase anything in your daily life. Instead save your bitcoins in a safe wallet for few years and try to accumulate more if possible. Then only you will come to know the actual power of bitcoin. It has a huge upside potential and can fetch you a much higher return than any conventional investment. SO invest in bitcoin instead of spending it.
Bitcoin can surely take over Paypal and other payment systems in future once it has reached to the people and at a moment Paypal is more popular only because not many people are aware about bitcoins yet but once they start to use it they will surely switch to bitcoins.
Truly it will create a problem to use bitcoin in our daily lives. As per the current status, it takes around 30 minutes for a bitcoin transaction to get confirmed from the network. So it won't work on a fast paced environment. Prefer cash for that.
However, if you want to become rich in future, don't use bitcoin to purchase anything in your daily life. Instead save your bitcoins in a safe wallet for few years and try to accumulate more if possible. Then only you will come to know the actual power of bitcoin. It has a huge upside potential and can fetch you a much higher return than any conventional investment. SO invest in bitcoin instead of spending it.
This is true but at some point bitcoin needs to deliver what it promised to be, a currency, if it does not you can be sure the price will not skyrocket as much as people think, bitcoin needs to become a useful currency that is accepted, it does not need to be accepted everywhere or used everywhere but at least it needs to become a major competitor to paypal and other online payment systems. However, if you want to become rich in future, don't use bitcoin to purchase anything in your daily life. Instead save your bitcoins in a safe wallet for few years and try to accumulate more if possible. Then only you will come to know the actual power of bitcoin. It has a huge upside potential and can fetch you a much higher return than any conventional investment. SO invest in bitcoin instead of spending it.
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