Daily use of bitcoin? - page 9. | Bitcointalksearch.org

Vixmore

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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?

At the moment Bitcoin can't be used at many shops, so instead I use a Bitcoin debit card which makes my life a lot easier. I think that maybe in the future it will be easier for people to use Bitcoin in daily life.

cinchin

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Quote from: gracia0023 on April 17, 2017, 09:37:12 PM

Quote from: doomloop on April 17, 2017, 06:29:49 AM

Quote from: wahb on April 16, 2017, 10:40:09 AM

Quote from: Michel de Montaigne on April 16, 2017, 02:41:31 AM

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.

yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

When the time comes that bitcoin is known worldwide (I am saying most countries in the world), then this scenario is unavoidable. Many shops will then starts to accept bitcoin and even some businesses will start paying their employees with bitcoin. We will just have to wait whether this will happen or not, the answer lies in the future.

- Yes, everything is in the future but i think the use of bitcoin will be as a payment solution when you do not have enough cash. Maybe many people will accept the use of bitcoin daily but there are also many people who do not trust bitcoin, they only trust in cash or dollars
- And the use of bitcoin will be very inconvenient, you think if you go to buy a cup of coffee for $ 1, you have to use bitcoin, it would be very inconvenient. Using cash will be quicker than bitcoin, Bitcoin is just a payment solution

gracia0023

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Quote from: doomloop on April 17, 2017, 06:29:49 AM

Quote from: wahb on April 16, 2017, 10:40:09 AM

Quote from: Michel de Montaigne on April 16, 2017, 02:41:31 AM

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.

yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

When the time comes that bitcoin is known worldwide (I am saying most countries in the world), then this scenario is unavoidable. Many shops will then starts to accept bitcoin and even some businesses will start paying their employees with bitcoin. We will just have to wait whether this will happen or not, the answer lies in the future.

virtualkeybuyer

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Quote from: doomloop on April 17, 2017, 06:29:49 AM

Quote from: wahb on April 16, 2017, 10:40:09 AM

Quote from: Michel de Montaigne on April 16, 2017, 02:41:31 AM

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.

yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

I have saw a number of shops which are accepting bitcoin for online purchase but they do not advertise their service that is why most of the people think that there is no any service like that for them if they will also advertise on this forum then it will boost up their service.

loyalsenok2012

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I do not use bitcoin to buy everyday things. I do not want to buy some home stuff, and then find out that the price of bitcoin has gone up. I rarely use bitcoin

Investforprofit

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Most time i use bitcoin in gambling sites but now i saw that more and more poker sites use bitcoin for payments and deposits i fouund today 5 new pokers sites which accept bitcoin.

bitart

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Quote from: deisik on April 17, 2017, 07:45:15 AM

Quote from: Gembul on April 17, 2017, 05:26:28 AM

Quote from: Lagduf on April 17, 2017, 05:15:08 AM

Quote from: msarro on April 17, 2017, 05:01:51 AM

Merchants will start accepting bitcoins as a mode of payment only if the people around them are aware about bitcoins and are willing to pay in bitcoins and if none is aware about bitcoin then there is no point in accepting bitcoins as a payment method.

Merchants will accept bitcoin if it's profitable for them, they don't care about people awareness or whatever, it's simple and all is about profit, it's fact

I think the seller is not only thinking about profit dude, they also think how to maintain a good service so that customers come again. So a shop must know how bitcoin conditions in their area. When it is in the area surrounding many use bitcoin, and bitcoin as a payment they receive. So it is one of the services that benefit the customers I guess. Thank you

Well, this seems to be the most tricky part

How would sellers know whether people living nearby are involved with Bitcoin? Unless they tell the sellers themselves, right? But why would anyone make a clean breast of it and admit using Bitcoin? You may think that no one around you even heard about Bitcoin while, in fact, the whole neighborhood may be infested with Bitcoin millionaires. In this way, until and unless merchants declare it themselves they are ready for Bitcoin ("Bitcoin accepted here"), scarcely anyone is going to ask about payments in Bitcoin, especially in small towns, where everyone knows everything about everyone else

If you don't want to admit the use of Bitcoin, you can always choose a bitcoin debit card connected to a web wallet (debit card usage depends on your country, and only store a small amonunt in web wallet, just to be on the safe side), and in this case, payments will be instant, compared to the real bitcoin payments.
But, if you want to use Bitcoin in stores, there should be something done with the time of the payment confirmation. Or, you can go to a shop, where you can have a coffee after payment, and in this case, you have spent you time with something useful too

In my country, a taxi company started to accept Bitcoin payments via QR codes, but I don't know about the details, because I live in the countryside, and the bitcoin taxis are in the capital...

DarkIT

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Quote from: Investforprofit on April 17, 2017, 12:46:58 PM

Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.

Well, if you do it every day, it is certain that you have the bitcoin that much, or you're lucky in gambling. well, I rarely use bitcoin, perhaps every two weeks to once use. I sometimes just using bitcoin to trade, or exchange them for cash.

slaman29

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Quote from: Investforprofit on April 17, 2017, 12:46:58 PM

Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.

Oh, can you share which sites you play free poker in? I would like to know and maybe, maybe play there haha.

Investforprofit

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Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.

fullypak

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Quote from: abstractednerve on April 17, 2017, 11:32:37 AM

Quote from: basketcoin on April 17, 2017, 09:32:17 AM

well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

So are you paying your employees in bitcoins? And what kind of help they do for you its a great to know that your employees agreed to get paid in bitcoins and delay in confirmation is not a big deal as finally people are getting money in their wallet and that is more important.

Sounds like pretty good, seriously are you paying your employees through Bitcoin. It is nice to hear this type of improvisation in bitcoin. Slowly people are addicting to this bitcoin. yes confirmation delay is not a big deal. We should appreciate your employees they are accepting bitcoin as their payment.

abstractednerve

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Quote from: basketcoin on April 17, 2017, 09:32:17 AM

well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

So are you paying your employees in bitcoins? And what kind of help they do for you its a great to know that your employees agreed to get paid in bitcoins and delay in confirmation is not a big deal as finally people are getting money in their wallet and that is more important.

daxiake

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Quote from: Ipwich on April 17, 2017, 08:17:48 AM

Quote from: Coroline on April 17, 2017, 06:44:03 AM

Personally daily use of bitcoin for trading and online store, do not much spend bitcoin for other thing. sometimes i also gambling in this case just for fun

For me it is for gambling and trading, I spend fiat with my daily expenses and every time I buy online. I just feel bitcoin is very
precious to spend it, we should be treasuring it and that is why I trade and gamble to increase it.

Spending it on trading is fine but is it giving you profitable results from gambling? I think you should spend some of them and rest use in trading as its better to spend them in buying something instead of loosing them all in gambling.

basketcoin

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well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

Ipwich

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Quote from: Coroline on April 17, 2017, 06:44:03 AM

Personally daily use of bitcoin for trading and online store, do not much spend bitcoin for other thing. sometimes i also gambling in this case just for fun

For me it is for gambling and trading, I spend fiat with my daily expenses and every time I buy online. I just feel bitcoin is very
precious to spend it, we should be treasuring it and that is why I trade and gamble to increase it.

posternat

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Quote from: doomloop on April 17, 2017, 06:29:49 AM

Quote from: wahb on April 16, 2017, 10:40:09 AM

Quote from: Michel de Montaigne on April 16, 2017, 02:41:31 AM

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.

in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.

yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

Yes, time will come we can use bitcoin everywhere, not only in online shops or to some specific area but all over the world with freedom on spending it unlike now that some are keeping it to those country that banned the bitcoin in their area.

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Quote from: cybersofts on April 17, 2017, 06:41:29 AM

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?

The process take few minutes because your bitcoin wallet has to convert btc to fiat currency and then convert fiat currency to USD. That's absolutely normal, that's why Starbucks starts accepting bitcoins right now because they fully understands how bitcoin transaction works.

Thank you.

Yes and I think they wont need to wait for that verification as long as the bitcoin is sent there is no getting it back.
Add up the fact that they cant successfully do the transaction without funds in their wallets.
This are good things to prevent scams or maybe they could pay first before the order will be served. That way there will be a lot of time for the transaction to load and be accepted.

msarro

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Quote from: Coroline on April 17, 2017, 06:44:03 AM

Personally daily use of bitcoin for trading and online store, do not much spend bitcoin for other thing. sometimes i also gambling in this case just for fun

That is the most common place where people are using their bitcoins and most of them are using it in trading and gambling sites as they don't have a choice to use them in real life as there are not many shops at a moment that accepts bitcoins.

deisik

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Quote from: Gembul on April 17, 2017, 05:26:28 AM

Quote from: Lagduf on April 17, 2017, 05:15:08 AM

Quote from: msarro on April 17, 2017, 05:01:51 AM

Merchants will start accepting bitcoins as a mode of payment only if the people around them are aware about bitcoins and are willing to pay in bitcoins and if none is aware about bitcoin then there is no point in accepting bitcoins as a payment method.

Merchants will accept bitcoin if it's profitable for them, they don't care about people awareness or whatever, it's simple and all is about profit, it's fact

I think the seller is not only thinking about profit dude, they also think how to maintain a good service so that customers come again. So a shop must know how bitcoin conditions in their area. When it is in the area surrounding many use bitcoin, and bitcoin as a payment they receive. So it is one of the services that benefit the customers I guess. Thank you

Well, this seems to be the most tricky part

How would sellers know whether people living nearby are involved with Bitcoin? Unless they tell the sellers themselves, right? But why would anyone make a clean breast of it and admit using Bitcoin? You may think that no one around you even heard about Bitcoin while, in fact, the whole neighborhood may be infested with Bitcoin millionaires. In this way, until and unless merchants declare it themselves they are ready for Bitcoin ("Bitcoin accepted here"), scarcely anyone is going to ask about payments in Bitcoin, especially in small towns, where everyone knows everything about everyone else

posternat

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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?

Well confirmation takes time and this time is increasing day by day. But if we can see the hash almost instant once we make the payment by blockchain. We can show the Hash and get the transactions completed fast and confirmation will keep on happening at the backend.

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