Gas station payment with bitcoin. - page 3.

Gallar

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Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I establish a mini (unity gas station) in my environment, And I feel that since am into bitcoin I can use this part to make bitcoin to be known in my area by implementing two systems of payment in my gas filling station, ( fiat and bitcoin)

The system that you implement in your business will definitely be more of a special attraction for other people. By implementing payments using bitcoin and fiat money, I'm sure people will quickly understand and understand the bitcoin system. Because it can be practiced directly at the gas station that you have. Unlike using only writing or speech, most people tend to understand less quickly, and sometimes underestimate bitcoin. Moreover, people who do not understand about technology today, will definitely underestimate this digital bitcoin.

But at the gas station that you have, people who initially do not understand bitcoin at all, if it is practiced directly on its use and how it works, I'm sure it will make people more curious, tend to want to learn about bitcoin, and will most likely try bitcoins. Because usually when there is only one person, who uses something foreign in public, it will usually become the subject of discussion and become the center of attention. And using bitcoin as a payment or transaction, at this time it is still considered quite unique and rarely do people do it.

Onyeeze

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Quote from: Latviand on May 31, 2023, 02:02:17 AM

Quote from: Onyeeze on May 31, 2023, 01:57:30 AM

When I make this thread many people was saying its a lie that I should upload the pictures of my gas station to believe that what I said was true, I know that this thread has gone to pages and I believe that now maintenance has finished I will create another thread and upload the pictures for people who thought I was telling them false information to believe and I the thread I will list people who did not believe what I did was real.

You don't have to create another thread, just edit your original post and add the images there. You don't have to great lengths just to prove something. Commendable that you want to prove it and not just argue online.

You know sometimes people does not believe some people suggestions, so I think creating fresh thread and import the link of this thread there, should be better, and a new reference with my new improvement gist of my business, I think I will tablets the advantages of making payments with bitcoin and disadvantages of it should be breakdown in a simple explanation for people to understand

Latviand

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Quote from: Onyeeze on May 31, 2023, 01:57:30 AM

When I make this thread many people was saying its a lie that I should upload the pictures of my gas station to believe that what I said was true, I know that this thread has gone to pages and I believe that now maintenance has finished I will create another thread and upload the pictures for people who thought I was telling them false information to believe and I the thread I will list people who did not believe what I did was real.

You don't have to create another thread, just edit your original post and add the images there. You don't have to great lengths just to prove something. Commendable that you want to prove it and not just argue online.

Onyeeze

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When I make this thread many people was saying its a lie that I should upload the pictures of my gas station to believe that what I said was true, I know that this thread has gone to pages and I believe that now maintenance has finished I will create another thread and upload the pictures for people who thought I was telling them false information to believe and I the thread I will list people who did not believe what I did was real.

Outhue

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Congrats, but I am going to give you some straight-up facts about receiving Bitcoin as payment, in every business, customers are not going to pay much in Bitcoin, you will have very limited numbers of people that are willing to pay with Bitcoin.

I have four friends that are accepting Bitcoin in their businesses and stores, and the result is not different from mine.

I even start giving some BTC discounts just to be able to increase the number of people that will keep paying me with Bitcoin, but I am still not satisfied with the results I am getting.

You really can't force people to pay you in Bitcoin, but be ready to be satisfied with the awareness part, it's going to stay this way for a long period of time.

Mpamaegbu

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Quote from: Mpamaegbu on May 06, 2023, 10:01:21 AM

Quote from: Onyeeze on May 05, 2023, 03:38:31 AM

...the transaction of buyer will be confirmed before leaving...

~snipped~

The ongoing congestion in the Blockchain in the past few days (which is only beginning to clear up now) brought me back to this post of mine. We've seen how delayed transactions were and how frustrating the situation has been for all of us these passing days. I still have hanging transactions lingering for the past four days now. How will a regular business survive that? I believe OP must've tasted this bitter pill first hand too, except they reverted to fiat to curb such unsavoury situation. OP, how are you coping this period?

Reatim

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Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I establish a mini (unity gas station) in my environment, And I feel that since am into bitcoin I can use this part to make bitcoin to be known in my area by implementing two systems of payment in my gas filling station, ( fiat and bitcoin) do you know that some youths who knows about bitcoin is interested to make payment with bitcoin and people who doesn't what's bitcoin began to ask of the meaning of bitcoin, and answers has been given to them base on my understanding in bitcoin.
So many of my customers and youths mostly is interested to make payment with bitcoin, I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

If this is truly implemented then congratulations reading this meaning that your country(place) is adopting bitcoin already as even youth are willing to pay in bitcoin? wow that would be a great achievement from your community .
I always dream of having physical store that will accept bitcoin and not just online businesses.
looking forward from years now to have my own like this , thanks for this thread mate , we have something to look forward.

Minhxx

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I think bitcoin payment is popular when we do the following
first.
Eliminate market manipulation (Whale)
2.
Rarity can't be mined, or mined more
3.
When big banks accept bitcoin =) (impossible)

demonica

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It's a great idea to have it as a payment option. Imagine, having a sign with its logo and that says you accept Bitcoin payment, it's already a form of advertising and giving awareness to your customers. Probably most customers would just ignore it and will still go with the payment method they know which is through fiat. But they might remember that they've seen Bitcoin in your gas station, and that could be their first stage in recognizing and being familiar with Bitcoin.

As long as there would be no problem with the government, it's a good idea regardless if few to no customers would choose that payment method. It's still giving awareness when they see the signs.

Gozie51

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You have really done something good for your locality.

That is a good investment and I heard it is a lucrative area to invest now because of the returns coming out from it since the patronage is high. It is one of the essential services that you are offering because people most eat and I believe your station has brought the distance closer for the people around it. Having the duo means of payment will make your establishment more resounding in the hearts of your customers. Those that are not knowledgeable about bitcoin now has the opportunity to learn about it. However, you need a wallet that will be easily accessible for you on the business, you can choose a non custodian wallet, remember not your keys not your coin.

Kudos to you on this achievement.

awik p

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Pepemo.vip

very inspiring thing to do and it turns out that after we provide payments using bitcoin there are many young people who also use bitcoin. the benefits that can be obtained, we can create a bitcoin community from customers especially in one city, so that we can support each other for common progress. and secondly when bitcoin is experiencing a bearish season like today, it is indeed profitable to collect bitcoins, because we are also considered investing, with some profits set aside

Bitcoin_people

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🎗️🍁🎭

Congratulations on taking such a great step. Made your local gas station here transaction by fiat and bitcoin is really interesting for today's youth. There are many people who like to trade in bitcoins and they know about bitcoin transactions from your gas station while away. You said many people have asked about Bitcoin how it works and they want to know more about it. There are many people who come to your filling station from different places and they leave with good idea about Bitcoin. Later they got some idea about Bitcoin and thus they came to know and that's how Bitcoin gained popularity. currently your move is most accepted by youths and they advise many places to trade bitcoins.

Agbe

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Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I establish a mini (unity gas station) in my environment, And I feel that since am into bitcoin I can use this part to make bitcoin to be known in my area by implementing two systems of payment in my gas filling station, ( fiat and bitcoin) do you know that some youths who knows about bitcoin is interested to make payment with bitcoin and people who doesn't what's bitcoin began to ask of the meaning of bitcoin, and answers has been given to them base on my understanding in bitcoin.
So many of my customers and youths mostly is interested to make payment with bitcoin, I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

Op you said, you have already received bitcoin from interested youths in your locality, and that means you have already created wallet in that purpose. You would have asked the kind of wallet which you will use for the purpose of your business before creating this thread. Well it is not too late, you can use Trust Wallet. I am recommending Trust Wallet because of the Gas business you are doing. Congratulations for the acceptance of bitcoin in your business. I wish if other businesses also adopt bitcoin the way you did.

Iadegbola34

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It's great to hear that you're considering implementing bitcoin as a payment option at your gas station and helping to spread awareness of it in your community. There are many different bitcoin wallets available, but it's important to choose one that is secure and reliable for business use. Some popular options include Coinbase, Electrum, and Trezor. You may want to do some research and compare features and fees before deciding on a wallet that suits your needs. Additionally, it's important to ensure that your staff is trained in accepting and processing bitcoin payments correctly to avoid any potential issues. Best of luck with your business!

m2017

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Quote from: Onyeeze on May 11, 2023, 09:42:15 AM

Quote from: DaNNy001 on May 11, 2023, 09:12:27 AM

Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.

I have state it like twice that any payment made with Bitcoin the money will be replaced with another business money, so I'm saving the Bitcoin for long time or anytime I wish I can withdraw the coin, but for now I'm not withdrawing my bitcoin, and that's why I asked for best wallet that have higher security so that people will not hack the wallet easily or steal my coins, the opinion above is a good advice for someone who wants to return market with the business funds and especially the one that is being paid with Bitcoin, but I have decided to be buying more of Bitcoin for feature purpose

It's been almost a month since you created this topic and asked your questions. By this point, have you decided on the choice of wallet or are you still not able to decide on the choice (if so, then this is rather unusual)? I'm curious to see how the addition of bitcoin (as a means of payment) at your gas station is going. Any news? I assume you are also aware of the current high fees on the network. If this lasts for a long time, then you will not be able to realize your initiative and you will have to postpone it until better times. But there will be time to find the perfect wallet.

Fivestar4everMVP

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Quote from: Onyeeze on May 11, 2023, 09:42:15 AM

Quote from: DaNNy001 on May 11, 2023, 09:12:27 AM

Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.

I have state it like twice that any payment made with Bitcoin the money will be replaced with another business money, so I'm saving the Bitcoin for long time or anytime I wish I can withdraw the coin, but for now I'm not withdrawing my bitcoin, and that's why I asked for best wallet that have higher security so that people will not hack the wallet easily or steal my coins, the opinion above is a good advice for someone who wants to return market with the business funds and especially the one that is being paid with Bitcoin, but I have decided to be buying more of Bitcoin for feature purpose

Well, that's a good move as long as you know your choice won't affect your business.
Going by what you said, your best decision or choice rather, would be to order a hardware wallet, like trezor or Ledger hardware wallet, and might interest you to know that ledger is currently offering free shipping to customer that buy ledger Nano until may 23rd, you can find this information on their website..

Though still safe, but I will strongly advice against using a mobile wallets like mycelium and the rest, though you could still use mycelium or any other good mobile bitcoin wallet to receive bitcoin payments from customers, but make sure to have a hardware wallet available where you will move all the bitcoins received that day to, after you close business for that day, this is more of because, like you said, you plan to hold for a long time.

Edit: And whatever type of mobile bitcoin wallet you choose, make sure it's non-custodial and open source, mycelium I mentioned above is non-custodial and open source as well, trust wallet is very popular, but it's not open source, so I do not recommend it.

DaNNy001

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Quote from: Onyeeze on May 11, 2023, 09:42:15 AM

Quote from: DaNNy001 on May 11, 2023, 09:12:27 AM

Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.

I have state it like twice that any payment made with Bitcoin the money will be replaced with another business money, so I'm saving the Bitcoin for long time or anytime I wish I can withdraw the coin, but for now I'm not withdrawing my bitcoin, and that's why I asked for best wallet that have higher security so that people will not hack the wallet easily or steal my coins, the opinion above is a good advice for someone who wants to return market with the business funds and especially the one that is being paid with Bitcoin, but I have decided to be buying more of Bitcoin for feature purpose

Sorry mate, I get your whole idea now and its a very good one too, saving the coins gotten from the sales of your product is actually good since you have stated you have other things going on that can fetch you cash for the restock of your business which means saving those coins won't be a hard deal at all and for the safe wallet, electrum wallet could probably do the trick just make sure you save your seed phrase offline or if that not soothing enough a cold wallet software is probably best as its save from every possible online hack and attack.

Onyeeze

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Quote from: DaNNy001 on May 11, 2023, 09:12:27 AM

Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.

I have state it like twice that any payment made with Bitcoin the money will be replaced with another business money, so I'm saving the Bitcoin for long time or anytime I wish I can withdraw the coin, but for now I'm not withdrawing my bitcoin, and that's why I asked for best wallet that have higher security so that people will not hack the wallet easily or steal my coins, the opinion above is a good advice for someone who wants to return market with the business funds and especially the one that is being paid with Bitcoin, but I have decided to be buying more of Bitcoin for feature purpose

DaNNy001

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Activity: 644

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Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

Well said and nice advice too but I feel in such case the coins will definitely be needed to sell off because Op is currently running a business and in business the money gotten from the sales of the product and services are used to restock the business so as the person can easily evaluate the proposed profits from the business. And if this is the case with Op, then an exchange wish was advised is probably the best option.

Onyeeze

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Activity: 700

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Quote from: Fivestar4everMVP on May 11, 2023, 02:08:57 AM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

I think a choice of wallet for the business depends mostly on how you plan to spend the bitcoins you receive as payment for your gas, if you plan to hold the bitcoin as an investment for long short or long term, using a cold wallet is most advisable, and that could be a hardware wallet.

But if you plan to sell off the bitcoin immediately so as to convert it to cash to enable you buy more gas to sell, I personally would advice you receive your bitcoin payment through an exchange you trust and can withdraw directly to your bank account from, and such exchange are..
1. Binance
2. Remitano..

I personally I have been using Remitano since 2016, though binance is big, I still prefer remitano for its simplicity and fast withdrawal to bank account.

I have another thing that gives me income, I'm investing in Bitcoin at least I want to it to stay like more than four years before I can withdraw those of the payment made with Bitcoin, so I'm looking for long term storage of Bitcoin that will secure my coin, even now I'm planning to sell some of my abundant properties to invest in Bitcoin.

Topic: Gas station payment with bitcoin. - page 3. (Read 1115 times)