Topic: Daily use of bitcoin? - page 38. (Read 42463 times)
there must be a confirmation for each transaction. This is currently one of the issues that is enough to occupy a lot of elements. because until now shipping confirmation bitcoin takes longer. everything is being repaired and bitcoin appropriate for use in their daily lives.
I don't know why are you seeking hard ways for your life. As cashing out bitcoins as paying with them directly - you need to pay fees.so I don't understand why just not to cash out your coins once per week or month or whenever you like and pay with fiat as usual?
Nowadays people are more busy in their daily job/businesses etc so they do not want to go through any long series procedures they will want direct use of bitcoin and I know that the use of bitcoin is more easy that any fiat because people do not want to carry much fiat because of the security reasons. 
If you are always in a hurry then paying bitcoins to starbucks is time consuming. Even 1 confirmation will take very long if the miners fee is low. But if you are not in a hurry paying starbucks using bitcoin is a good experience in your coffee hours. But for me bitcoin is not yet ready to be used in offline shops, if there are many customers there will be a delay in the payments that can cause bad experience to the store and also to the customers.
But some shops accept payments made with bitcoin. How is the process going through the payment approval process? When customer drinked coffe and wants to pay the account, minimum 10 min will he wait in the cafe all along?
There are different solutions that could be implemented, each one must be carefully studied, and then the possibility of implementation should be considered. One of the solutions that may work, according to some experts, is the use of the so-called lightning network.
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Bitcoin in the daily use is highly not possible. I have tried hard to find a stores accepting bitcoin. Recently saw a board describing bitcoins accepted, when entered in got the response that its been stopped temporarily.
maybe you can search on internet and you can find many store online that accepting bitcoin as the payments or you can search in local website around you. i think for now, bitcoin is more famous and more people will know bitcoin because of the price is over than gold and maybe soon we can see that many store offline and online will accepting bitcoin as their payments.
using bitcoin in their daily lives is a necessity. today bitcoin has been widely used and accepted by various merchants.
in my country today almost everyone knows bitcoin and most of my friends are already using bitcoin.
glad to hear that and wish the growth running faster than what we expect.in my country today almost everyone knows bitcoin and most of my friends are already using bitcoin.
the problem always on how you can explain properly to common people.
they will always ask you a specific definition about bitcoin , and mostly we always hard to find a match description for them, they just feel confusing and then lost interest.
Bitcoin in the daily use is highly not possible. I have tried hard to find a stores accepting bitcoin. Recently saw a board describing bitcoins accepted, when entered in got the response that its been stopped temporarily.
using bitcoin in their daily lives is a necessity. today bitcoin has been widely used and accepted by various merchants.
in my country today almost everyone knows bitcoin and most of my friends are already using bitcoin.
in my country today almost everyone knows bitcoin and most of my friends are already using bitcoin.
Sometimes we need to wait for transaction to be confirmed around 1 hour. Such thing has never happened to me, though. A credit card gets confirmation simultaniously in the shop. With btc it's different. However, did anybody have experience of a transaction not to be confirmed after some time? Maybe we just need to take the risks.
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?
I'd rather say using Bitcoin will be very clumsy for such ends
But you should first ask yourself why you would want to pay with Bitcoin for a cup of coffee (or tea). There is already fiat (cash) for that, and it will serve this purpose better. Since Bitcoin is rightfully considered better money than fiat while bad money always drives good money out of circulations, you will be just wasting good money on trivial things. Nevertheless, if you still want to spend your precious bitcoins this way, order a Bitcoin payment card and get done with that
Then you can recommend the bitcoin for what kind of shopping. Where can we use it if we can not use it in everyday life?
We can use it for buying expensive things
For you it may be just a car or a bicycle, for someone else a yacht or a mansion. What is common in all these things is their expensiveness for the buyer, i.e. something which you don't buy casually. It means that he can't use his pocket money to buy them and has to save up. And this is the crucial point. If you try saving in fiat it may take longer (or just forever) since fiat money depreciates over time (or just gets devalued overnight as it happened numerous times in the past). But if you save in Bitcoin, you may gather the required amount faster since Bitcoin may appreciate on its own. And it doesn't really matter that you might still have to convert your Bitcoin stash to fiat before making such a purchase. What is important here Bitcoin nowadays is a better means of storing value
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?
I remembered way back 2015, my friend visited me here in my country all the way from Australia. Then he invited me to hang out to meet his bitcoin friend fanatic. Then the venue was bar and restaurant type. He told me that all the customer in that bar was a bitcoin enthusiast, I was amazed by that time. After that when paying in the cashier my friend just gave his android phone and showed his wallet address with balance then the cashier scan only the bar code after that just a seconds only the payments transaction is done quickly. No need to wait long for the approval. That's it!
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?
I'd rather say using Bitcoin will be very clumsy for such ends
But you should first ask yourself why you would want to pay with Bitcoin for a cup of coffee (or tea). There is already fiat (cash) for that, and it will serve this purpose better. Since Bitcoin is rightfully considered better money than fiat while bad money always drives good money out of circulations, you will be just wasting good money on trivial things. Nevertheless, if you still want to spend your precious bitcoins this way, order a Bitcoin payment card and get done with that
Then you can recommend the bitcoin for what kind of shopping. Where can we use it if we can not use it in everyday life?
I don't know why are you seeking hard ways for your life. As cashing out bitcoins as paying with them directly - you need to pay fees.so I don't understand why just not to cash out your coins once per week or month or whenever you like and pay with fiat as usual?
Confirmations are not getting generated like it used it be. Now it's taking more time than previous years, We need more miners and the fluctuating rate of Bitcoin is not making it easy for new miners. We have to find a way to stop those double spend technique scammers.
There's a paradox here. As the number of miners increases, the bitcoin increases at the difficulty level. This time more faza miners are needed. It continues in this cycle in a loop.
If you are always in a hurry then paying bitcoins to starbucks is time consuming. Even 1 confirmation will take very long if the miners fee is low. But if you are not in a hurry paying starbucks using bitcoin is a good experience in your coffee hours. But for me bitcoin is not yet ready to be used in offline shops, if there are many customers there will be a delay in the payments that can cause bad experience to the store and also to the customers.
But some shops accept payments made with bitcoin. How is the process going through the payment approval process? When customer drinked coffe and wants to pay the account, minimum 10 min will he wait in the cafe all along?
How many members from here have opportunity to use bitcoins in daily life? Less then 50 %, less? I`m not one of them, for now using bitcoins in daily is privilege just for some people who live in big cities or in advanced countries. Bitcoin will not come in my town any time soon, first in capitol city (and far as I know except 2 atms there isnt anything else) and after few years maybe in my town. Only good thing about it that I will have time to collect some amount before it comes.
Exactly, there is not even a single merchant in my town who accepts bitcoin at this moment so I have to convert my bitcoins in fiat in order to spend it. I don’t usually spend bitcoins daily but I usually pay my mobile, internet, DTH bills with bitcoin (fortunately I can do that with the services online). I am sure this picture will change in near future and we would be able spend bitcoins directly.
This is indicator how much your country or town are more aware of bitcoin then its case with mine for example. Probably that is a good business now to start application like that coins.ph is, and who ever start that first in countries where there is not yet such service he will earn a lot of money.
Years will pass until that come here, as I sad like always first will be capitol city and only after they make something there I can expect that to be available in my place as well. Until then I will keep my coins, and I will continue to earn more.
We can also use it as remitances nationally here in my country pay bills like electric bill and internet bill the other thing you can use your bitcoin to shop online everywhere like amazon but you need to use the service of vcc that you can fill your bitcoin into vcc and verified paypal that you can shop anywhere online. .
That's really great. I know a group of bitcoin users in my town and they are very excited about bitcoin and wish to bring bitcoin services such as paying the bills, exchanging it with fiat. They are also planning to bring the first bitcoin ATM in town and it will be one of the top 10 early installed bitcoin ATMs in the country. I believe that lack of awareness is not a limitation but an opprtunity to build an empire.
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?
Do you mean confirmation when you have said "approval", if yes, then I don't think that this is necessary because if you already send the bitcoin as the payment on whatever you bought on starbucks then you can leave it because that bitcoin that you have paid to them would be surely send to them but it will take some time because this transaction would be confirm first on the blockchain which is traffic sometimes due to many bitcoin transactions on going.
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?
I definitely think it is a problem because it springs up the question, "Why don't we use fiat because it has no fees?". And that is true. But I think that Bitcoin isn't meant for day to day transactions at the moment. Even though you can use it for that purpose, it is smarter to use fiat daily and then use your Bitcoin when you really have to, like for bigger items that you can wait a bit longer to purchase. Saying that, the fees aren't that big a deal to most people, and if you are willing to pay a bit more fees, you should only be waiting 20 minutes at max.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?
Since bitcoin still not fix the instant feature we can use vcc as alternative.
The confirmations depends on the person who accepts the
Some require 5 confirmation
So places like coffee shops or cafes except 1 confirmation but yeah it depends in my place no one excepts bitcoin they have barely heard and i won't recommend you to pay bitcoins just keep as an investment
Some require 5 confirmation
So places like coffee shops or cafes except 1 confirmation but yeah it depends in my place no one excepts bitcoin they have barely heard and i won't recommend you to pay bitcoins just keep as an investment
I have the same problem with the approval time but still I think it is the fastest for me. Though with your example in coffee shop it might get wrong anytime so it would still be better if you bring some cash. Just try the bitcoin transaction first. This things will be developed in some time for us to use it in our daily needs. There are apps now that can manage to be used when buying but still the problem would be the transaction time.
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?
I definitely think it is a problem because it springs up the question, "Why don't we use fiat because it has no fees?". And that is true. But I think that Bitcoin isn't meant for day to day transactions at the moment. Even though you can use it for that purpose, it is smarter to use fiat daily and then use your Bitcoin when you really have to, like for bigger items that you can wait a bit longer to purchase. Saying that, the fees aren't that big a deal to most people, and if you are willing to pay a bit more fees, you should only be waiting 20 minutes at max. 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?
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