Topic: Do you use BTC as a digital currency for paying online ? - page 10. (Read 3670 times)
I think that , the original idea was to use it as payment. payments independent from any financial system but until be 100% legalised it'll be used as especulation investment.
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course thats what crypto currencies are develop for. To make the transaction speedy and less hassle. Im sure you would like to pay in BTC also if the web store is over seas. I think it is more safer than putting credit card infos online. Gold and BTC have similarities. Theyre both limited but unlike GOLD, BTC price depends on how much demand we have.
I think in the future it will be legalized to use bitcoin in online purchased because it easiest way of sending funds. I believe the future money will be turned into online cryptos just vice versa of real money. people is easy to adapt the future generation so it possible that will happen in this future.
For me, BTC is now helpful in buying things that I do use on a daily basis. I do not have enough BTC to save. At the beginning I wanted to feel the possibility of BTC.
Great idea. Of course feel the possibility of BTC. No problem. But I think it is just a waste of time nothing else.I will suggest you to save BTC just from now.
The sooner you will collect BTC, you will become a rich man. Than you.
No, I haven't try yet to use BTC as an online payment. Maybe If i heard someone who use bitcoin as payment online or if many people will try to do that , I will also try it.
Yes I use bitcoin sometimes as a digital currency for paying online.it is the best digital crypto currency I have ever seen.
I usually use bitcoin for paying online like when i buy game example in purchasing steam wallet or something in internet but for paying offline i usually change my bitcoin first into my local currency because in my country bitcoin still hasn't legalized so it's a bit hard for paying by bitcoin, but if i make it cash it can be a lot.
For me, BTC is now helpful in buying things that I do use on a daily basis. I do not have enough BTC to save. At the beginning I wanted to feel the possibility of BTC.
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Up until now, I never used a single bitcoin for paying online. What i have done with my bitcoin is holding for 90% of times, and 10% of times i used it to exchange it to fiat currency. Well, it is because in my country, there are no vendors or market that accepts bitcoin as a payment system.
What you said is true, bitcoin needs to be legalised first before it can be used as a online payment system. Then there must be an update in the core system to make the transaction blazingly fast and the fees is acceptable for a daily transaction, because if many country make bitcoin as a legal payment system, believe me, the transaction amount will be so much more than we have on this Christmas.
In my opinion, it is better to make the transaction fast and fees acceptable first before making bitcoin as an online payment system. If this to be happen, many country will recognize it and slowly will accept bitcoin. As the purpose and dream of bitcoin is to be the money that can be used everywhere, everytime, in a fast and short time transaction.
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Definately true!
That's what is missing here.
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
No I didn't because I don't want to spend my bitcoin yet. If I will use my bitcoin now to pay for some purchased items online, I will have no profit. So that's the reason why I don't want to spend it yet. Maybe if it is already the right time and it is already acceptable in online shop here in our country, then I will surely do that. For now, I will just save it first.
That's what most people think about.
And that's not exactely what Nakamoto thought to bring in the world: another speculation thing!
It needs to stabilise so everyone can use it wherever they want because it will be accettable more and more in shops online but also offline.
So for now of course it's hard to spend because we think to loose money and profitzz
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
I used to use it to buy things online but after the increase in value recent months i stopped using it anymore. The last time i use bitcoin is when i use it to buy ledger nano s. Right now bitcoin is only for investment for me because i feel like it's a waste to use it as payment option. Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
so instead of using it I used regular fiat or credit card to pay online keeping my bitcoin safe and secure for my long term goal.
I did the same mate.
Basically the use of Bitcoin is the payment of online shopping. But since in some countries including in my country no business developers are providing this service, so I use Bitcoin to trade and invest.
Actually it was really an advantage for those people who are using bitcoins as a digital currency because there are no tax and another thing is that the products value will be lesser rather than buying on physical store.
Yes it is, but the transaction could be more expensive than the price of the goods you'll buy. Unless a certain online bitcoin wallet will offer different merchants on their platform just like what my country's leading online bitcoin wallet did, they offer different services like paying bills, buying online products and game credits instantlyand without transaction fee.
Here in our country we can be able to use bitcoin to buy things online. It just need to go through a middle man which is a big company here in our country, and I can say It is very easy to use and you will just pay a very small amount for the transaction. So everytime that I have something to buy online and if I lack money to buy it. I use my bitcoin in buying it. If bitcoin will be legalize I think It will be more easier for us to buy and transact online using bitcoin.
Yes, I have already use bitcoin paying online, but only electronic loads for my cellphone and some game cards. I wish there are legit online shops that will accept bitcoin as payment. I prefer those online shops that would sell gadgets, clothes and foods, but I think this will gradually happen in the future, because of bitcoin's popularity.
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
I always use bitcoins to purchase loads for my mobile phone. And if only there's another way or use it in other store online I'd like too. My bitcoins in my wallet was not only an investment but also like money literally that I always up to. I'm looking to buy clothes, food and basic needs online with my bitcoins here in my country.Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
That's what was the Idea of inventor. But nowadays it's just an illusion because of the sxalability and fees issue. I really hope segwit will solve the problem otherwise we are stuck and we can only trade it for investiment and that was not definately what it was meant to be.
Anyway there still are many shop online which are implementing bitcoin gatway payment and that is only the beginning of a new era.
Crossing fingers..
I used to use BTC for common transactions, but that was like a year or two ago. These days the transaction fees (and subsequently confirmation times for "sane" transactions) are so high that I find it's not worth the effort. ETH transactions were ok until cryptokitties came out, but then it became similar to BTC.
The best options I see now are BCH, LTC, and XMR.
The best options I see now are BCH, LTC, and XMR.
I see your point. Hopefully with Segwit2x something will change..
Meanwhile I agree with you - it's not worth using them as a payment currency for everyday transaction. They need to do something otherwise it only can be used by who are willing to pay huge fees to their transaction to take place and that is possible only if the amount is biiiiiigggg.
Can we say that is equal to gold right now?
yes i can pay bitcoin the digital currency for buying online games and online casinos and many other things as well bitcoin is now the good source of income and people are willing to pay in the digital form like my friend have told me that he purchase d two online games from bitcoin and he told me that it is very easy to buy this. i have used bitcoin several times for the buying of ethereum and other altcoins and now i will pay for online server for a website.
It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Up until now, I never used a single bitcoin for paying online. What i have done with my bitcoin is holding for 90% of times, and 10% of times i used it to exchange it to fiat currency. Well, it is because in my country, there are no vendors or market that accepts bitcoin as a payment system.
What you said is true, bitcoin needs to be legalised first before it can be used as a online payment system. Then there must be an update in the core system to make the transaction blazingly fast and the fees is acceptable for a daily transaction, because if many country make bitcoin as a legal payment system, believe me, the transaction amount will be so much more than we have on this Christmas.
In my opinion, it is better to make the transaction fast and fees acceptable first before making bitcoin as an online payment system. If this to be happen, many country will recognize it and slowly will accept bitcoin. As the purpose and dream of bitcoin is to be the money that can be used everywhere, everytime, in a fast and short time transaction.
As of now Bitcoin transaction fee is very high and to make a single transaction like buying a cup of coffee is nearly takes transafer around $ 15 to $ 25.
So now I am not using bitcoin as a payment and instead I am accumulating
So now I am not using bitcoin as a payment and instead I am accumulating
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