Daily use of bitcoin? - page 35. | Bitcointalksearch.org

Fireblade

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Quote from: Doms on February 02, 2017, 12:27:18 AM

Quote from: ?? on ??

Quote from: iqlimasyadiqa on January 28, 2017, 08:26:24 AM

Quote from: Mr.grin on January 28, 2017, 03:12:06 AM

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.

it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me.

These are early days of bitcoin, and we can't really expect people to know much about bitcoin, especially merchants who are not that tech-savvy. The good thing is we are seeing improvements little by little. In my country, exchanges are now popping up left and right, they are expanding their services and accepting bitcoin as payment for mobile reload, utility bills, and partnered with international online shops that accept bitcoin. Five years from now, I think the number of merchants accepting bitcoin would more than double.

bitcoin is very new. it still require a lot of time to become more famous and when majority of people will start using bitcoin may be then they will find opportunities to use bitcoin in local shops buc currently most of the shops keepers are not accepting bitcoin because they have no idea about bitcoin. i think they also need good knowledge about bitcoin so that they can understand the importance of bitcoin and then they will also start accepting bitcoins.

LibreMan

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Quote from: abel1337 on February 02, 2017, 01:40:22 AM

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.

Oralmat

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Quote from: Michel de Montaigne on January 16, 2017, 04:56:32 AM

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?

You are lucky you would use bitcoin in open market like Starbucks. Because in my country, i don't have any place where i could use bitcoin openly. That's why i don't know exactly how many time you required. But i believe if we have a facility to use bitcoin than definitely bitcoin give us facilitated to use less time.

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Quote from: abel1337 on February 02, 2017, 01:40:22 AM

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.

Of course are all doing this, we earn and we use but what OP wants to know is if it is convenient to use bitcoin in real life that you have to wait for the transaction to be done before you could leave.

Quote from: JANGKRIK BOSS on February 02, 2017, 01:29:27 AM

I do not routinely use the bitcoin main reason, because most transactions that I do is with fiat money, a lot of my friends who still don't know, so complicate the bitcoin I to send money to them.

True, but supposed that one day we will be allowed to use bitcoin in real life, are we going to have a problem with using it?

Anyway, I think it's not a problem really, it's been mentioned many times before here that if we are not going not going to wait for the confirmation, then it won't take long.

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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.

JANGKRIK BOSS

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I do not routinely use the bitcoin main reason, because most transactions that I do is with fiat money, a lot of my friends who still don't know, so complicate the bitcoin I to send money to them.

barnes13

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In my country as I know, for the moment it is very difficult or even not yet exist that use the bitcoin for daily use to buy necessities like food, I just buy Pulse mobile phone. I need to convert the Bitcoin to local currency if want to buy or pay like electricity bil etc, but for me it's not a problem, because there's exchange who provides withdrawal with local bank.
When we use the bitcoin for daily use usually a store that provides Bitcoin as a payment requires only 1 confirmation to process our orders and buyers can use the fee that corresponds to the number of the bitcoin will be used to made confirmation fast.
But anyone here use Bitcoin to buy coffee on starbuck? it's offering only in a couple country or all country that strabuck operate.

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Quote from: N00Bitcoin on February 02, 2017, 12:29:18 AM

Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options.

i am using bitcoin for my daily trading like other members, but i only use in internet and not in my real life because until now, i can not found there is any local store that want to accept bitcoin as their payment so i am fine to use my bitcoin for just trading or just playing gambling. i am sure that i can use it in real life and online life.

coynedterm

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Quote from: Barbut on January 16, 2017, 07:25:24 AM

I don't have where to use bitcoins in my daily life, that's why I don't think about slow transactions. When I need something I do on time and I don't bother with confirmation.
I will need to wait few more years before bitcoin come in shops in my city, maybe more. For now there isn't even talking about it.

Same here but slowly slowly the services are starting in my country but in another states I hope within two to three years the services will came in my city also .
Here OP is asking to the waiting for the approval of the pay , which is a very big matter in bitcoin payment .
Since we can't pay much transactions amount for the single transaction , So here I think be there will be provide the option to deposit Earliar before making purchase .
For examples if we are making bitcoin at cloudbet.com then we need to deposit first then we can place our bet , in the same way Starbucks like services may adopt or already have these facilities .

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Quote from: N00Bitcoin on February 02, 2017, 12:29:18 AM

Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options.

Another one missing the OP... Probably a farmed one...

Anyway, with regards to the OP's question, I think it's not that big problem really if the companies are going to use what the digital goods buy and sell websites use... I don't see delays as a problem on that case... But if we are going to use the ordinary way of receiving and waiting, that's gonna be a hassle...

N00Bitcoin

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Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options.

Doms

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Quote from: ?? on ??

Quote from: iqlimasyadiqa on January 28, 2017, 08:26:24 AM

Quote from: Mr.grin on January 28, 2017, 03:12:06 AM

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.

it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me.

These are early days of bitcoin, and we can't really expect people to know much about bitcoin, especially merchants who are not that tech-savvy. The good thing is we are seeing improvements little by little. In my country, exchanges are now popping up left and right, they are expanding their services and accepting bitcoin as payment for mobile reload, utility bills, and partnered with international online shops that accept bitcoin. Five years from now, I think the number of merchants accepting bitcoin would more than double.

Kasabus

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Quote from: ?? on ??

Quote from: iqlimasyadiqa on January 28, 2017, 08:26:24 AM

Quote from: Mr.grin on January 28, 2017, 03:12:06 AM

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.

it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me.

We have the same situation, but I don't see it a big problem, we are in the process and people are just adopting and for sure in the long run we will gonna see that. Be positive and put your patient high, what is important is we were able to enjoy our bitcoin in other ways. I don't mind if I cannot use my bitcoin daily as long as I can earn it.

PhucS

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Quote from: Michel de Montaigne on January 16, 2017, 04:56:32 AM

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?

This is also an obstacle, it can delay transactions, troubling. I think you should use Coinbase wallet and transactions carried out via email CoinBase then the transaction will be approved quickly. That's my experience. If you use Blockchain wallet , you should take a fee for the transaction, it will be approved quickly

positivezero

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Quote from: Superzpay on February 01, 2017, 11:00:56 AM

Quote from: positivezero on February 01, 2017, 10:34:17 AM

Quote from: xIIImaL on January 31, 2017, 11:09:45 AM

Quote from: positivezero on January 31, 2017, 07:31:19 AM

As of now, i dont used my bitcoins in any things since i dont have any amount of bitcoins. But if ever im given the chance to hold big/small amount of bitcoin, well im going to keep it and wait till it become bigger and that's the time i would use it, like in buying important things, foods, buying loads.

Still impossible in physical stores buddy. I see that online stores are accepting bitcoins rarely. In recent days we can see that price is also stabilized on 900$ and more. Hope its value will increase more and we gonna see huge adoption in future years. Then we can definetly use btc in daily life.

yes exactly, if the price would really increase and become stable (hope so), for sure it will give us a bigger impact especially if we used this as our daily life, then if would really happen then no doubt, the country would really adopt bitcoin.

Yes that is one of the best way to implement the use of bitcoin in our local market. I was having that believe in the past that if the price of bitcoin come to a stability then people will like to adopt it for their payment in their business. The shops in our places will not worry about its price and they will accept bitcoin for their goods without any worry.

And it is very easy and convenient to us to used it in some business. There's no reason for us to go out, no more expenses in fair and very comfortable for us to buy the things we want through online, using bitcoin. Easy life mate!

Vorth

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I heard here that the starbucks already accept bitcoin for payment to their clients’ order and even some other restaurant in US accepted this way of payment, but I do not know how thing goes with this, it seems so hard to believe that they will wait for confirmation to give the order, I guess it is like a credit card then, I mean it is not far on that aspect of confirmation or transactions.
And so I guess, using bitcoin for daily use is a bit possible, like paying for some bills, top – up your mobile phone, buy items online like dresses, shoes, gadgets, games and many more.

Kabul

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Quote from: betlord90 on February 01, 2017, 10:08:59 AM

Quote from: Michel de Montaigne on January 16, 2017, 05:26:52 AM

Quote from: n0ne on January 16, 2017, 05:18:45 AM

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?

The confirmation of your payments depends on the blockchain. If there are too many transactions pending on the blockchain and are still waiting to be confirm, then it might take some time, let's say 20-30 minutes, because the process that's blockchain is First In First Out, so if you are in the last page of the transaction list in the blockchain, then I guess all you have to do is to wait. But once you have sent it, there's no need for you to wait at the starbucks, the payment would be surely sent to them, because it is already in the blockchain.

I have heard somewhere that when you make a fee which is larger than 0.0002, the payment will go directly to the receiver wallet without any pending. Therefore, if you keen on paying a big fee, I can ensure that pending is not a important issue anymore. In the future, the Bitcoin develop team will make the Bitcoin even greater and easier to use

bettercrypto

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Quote from: legendbtc on January 31, 2017, 07:54:12 AM

Quote from: iqlimasyadiqa on January 28, 2017, 08:26:24 AM

Quote from: Mr.grin on January 28, 2017, 03:12:06 AM

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.

it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

I din't find any risk, by using it daily. The best thing i am doing is i have activated 2fa to block chain. So that no body will access to my bitcoin transaction, in this i am secured with all the bitcoin transactions.

Same here i have been comfortable using 2fa even if my password were weak. It adds a greater layer of security. Unless the server itself is compromise I think 2fa is good for security of everyday transaction.

And the only daily usage of Bitcoin I see is thru mobile credit and paying for the games in playstore. So far that is the only usage aside from bill payment and remittances that I can use Bitcoin in my daily life.

jak3

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well this topic has been asked a lot of times i remember clearly that around a year ago i have already replied to this topic anyway the time and situations are changed right now so i guess i should re write my previous statement too, we can see that nowadays the bitcoin transactions had became costly people have to pay a huge amount as a tax and they have to wait a lot for minimal confirmations, the train is already speeding up and the people had started complaining i don't think it will be resolved in the near future!

Superzpay

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Quote from: positivezero on February 01, 2017, 10:34:17 AM

Quote from: xIIImaL on January 31, 2017, 11:09:45 AM

Quote from: positivezero on January 31, 2017, 07:31:19 AM

As of now, i dont used my bitcoins in any things since i dont have any amount of bitcoins. But if ever im given the chance to hold big/small amount of bitcoin, well im going to keep it and wait till it become bigger and that's the time i would use it, like in buying important things, foods, buying loads.

Still impossible in physical stores buddy. I see that online stores are accepting bitcoins rarely. In recent days we can see that price is also stabilized on 900$ and more. Hope its value will increase more and we gonna see huge adoption in future years. Then we can definetly use btc in daily life.

yes exactly, if the price would really increase and become stable (hope so), for sure it will give us a bigger impact especially if we used this as our daily life, then if would really happen then no doubt, the country would really adopt bitcoin.

Yes that is one of the best way to implement the use of bitcoin in our local market. I was having that believe in the past that if the price of bitcoin come to a stability then people will like to adopt it for their payment in their business. The shops in our places will not worry about its price and they will accept bitcoin for their goods without any worry.

Topic: Daily use of bitcoin? - page 35. (Read 42452 times)