Topic: Do you use BTC as a digital currency for paying online ? - page 4. (Read 3670 times)
yes I use btc as paying online.. to buy anything because in our country there is no permission to use btc as our national currency. but I hope in 2-3 year ATM can accept the btc like a currency...
No, I use bitcoin as paying online to buy anything. Because still my county, not legalize Bitcoin. I wanted to spend it online for buying something, I hope someday I can do it
I am holding bitcoins for a long time. It will keep gaining value for many months to come because it's not mainstream yet. When it has become mainstream I will use it to buy for things.
I have been into the crypto world for almost 4 months and I have never used btc for online payments, I hope to use it but I couldn`t do because the high fees and the lack of places that accept it.
I use bitcoin as a digital currency for paying online.but a very few site accept bitcoin as a payment method.I also use bitcoin in trading which gives me a lot profit.
Currently BTC fees are still too high to use it for every day payments. So I try to use other criptocurrency such ETH or BCC for this purpose.
I've never used Bitcoin as a digital currency. I didn't do that because the price always increase more and more. I don't see any sense doing so...
Of course I have done this on several occasions. All I could say is that the experiences keeps getting refreshed, thus making me want more of it. For as many that have not tasted this, do today, u are gonna enjoy it all.
Yes, I used Bitcoin many times for paying some bills online, and for buying some goods and services. I treat Bitcoin as a currency firstly, not only as an asset. Its mainly created to be a currency used to pay online and for making deals and trades, and I prefer using BTC as payment method whenever it is available.
To be honest, i have not yet used it as a payment as mostly its not acceptable in our country. Even i could have used it like that when it's price was low earlier and not now when it's price has almost crossed 10,000 dollars . I do agree that it goes totally against satoshi's vision but we have traveled much ahead of using it as a currency.We have to admit it even its a bitter truth. Even if the transaction fee falls low, this situation would change only a little.
Been using it already as payment for services, goods and most especially as payment for bills and mobile loads. But most of the time, i used to cash it out to buy for goods where some stores are not accepting bitcoin as means of payment.
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 ?
Today, bitcoin is a form of investment but since it is a digital currency then we can use bitcoins to buy products online. Amazon is one of the famous online store who's already accepting bitcoin as a payment method, it only means that cryptocurrency is slowly being accepted in the community
Actually i pay my utility bills with bitcoin, is easy, no fees and everything work just fine.
Now it is still quite difficult to produce some not very expensive household purchases in bitcoin. First, the infrastructure is still poorly developed for this, and secondly, bitcoin is now very slow, with hanging transactions and large fees and this makes it impossible to use it for online purchases. When bitcoin eliminates its shortcomings, only then it will be possible to think about buying everyday goods and services with the calculation in bitcoin. Now basically bitcoin is used as a means of accumulating value. If it is necessary to partially use it, it is translated in the necessary amounts into the national currency.
Yes, sounds like that. Bitcoin transaction or its transfer system is not as fast and makes all delayed in paying process, but if all become stable and system transfer improve and all establishment adopt or accept bitcoin then i think bitcoin will be use everyday in purchasing any goods and services, as of now my bitcoin will be converted into our local money to be use in any online payment.
Now it is still quite difficult to produce some not very expensive household purchases in bitcoin. First, the infrastructure is still poorly developed for this, and secondly, bitcoin is now very slow, with hanging transactions and large fees and this makes it impossible to use it for online purchases. When bitcoin eliminates its shortcomings, only then it will be possible to think about buying everyday goods and services with the calculation in bitcoin. Now basically bitcoin is used as a means of accumulating value. If it is necessary to partially use it, it is translated in the necessary amounts into the national currency.
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 ?
This is the right way how the coin should be used. As a digital currency that will be accepted worldwide but most probably we haven't reached the phased of the coin where it will be applied as that. Most people are still seeing it as an asset like stocks that can be traded to others. Also not much of businesses are catering bitcoin yet. Maybe by the time that the coin is used as what it is meant for prices will be at 6 digit dollars.
Yes I deal with Bitquin now as a business like the dollar I most of my dealings on the Internet and the worst everything I need by digital currency now even eating
There is also a person who sees BTC as a digital currency and also as a future currency, which means that I think it will be a currency that can be substituted for credit cards and cash cards.
At the moment it is not reasonable to use as payments exchanges for goods online due to high fees and price volatility.
I never tried paying online btc for some reason very high transaction fee. I only use btc buying Ico and trading but hopefully in the future maybe i can use bitcoin in the form of mode of payment even in restaurant and online shopping.
I do not do it for the same reason. Additionally I still believe that Bitcoin will grow and I am not going to spend my Satoshi for different things. I am keeping BTC and waiting. And I suppose this is the right strategy.
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