Does accepting cryptocurrency as payment for work you do count as well? I discovered cryptocurrency and after playing around with faucets for a while I decided it was of no use. Then I dropped it. After some time I landed a project that required me to accept Bitcoin as a payment method, at first I never trusted them because I was afraid that there is no protection and I might be doing free work.
But, I still took the risk and luckily, I got paid for it. After that, I started coming across lots of companies that wanted to pay with bitcoin and the current job I'm doing now is a remote job and pays with Bitcoin.
Topic: How many bitcoiners on here have actually used bitcoin/crypto for commerce? - page 4. (Read 1776 times)
November 18, 2019, 02:22:12 PM
November 18, 2019, 01:02:58 PM
most of us have not used crypto for shopping and I am finding it difficult to find a reliable site to purchase goods as most of the sites which accept crypto are either shady or Grey sites. But there are some e-commerce projects based on crypto which will give a push to crypto usage in terms of shopping.
Before we even come down to the issue of having a reliable site that is accepting cryptocurrency or bitcoin, I don’t think that I have even seen up to 10 companies that are accepting bitcoin out of the millions of companies that we have.I understand that adoption rate is still very low, but even with the low rate of adoption, there are so many companies that are holding cryptocurrency here today for the purpose of bull run, and I think that it is high time that many people start introducing bitcoin into their own platform for payment and not just buying bitcoin alone and expecting that it will rise without adoption. What will create adoption more is when there are places where we can spend our cryptocurrency. It is only in the gambling section that I can say that they are trying.
November 17, 2019, 06:41:00 AM
most if us have not used crypto for shopping and I am finding it difficult to find a reliable site to purchase goods as most of the sites which accepts crypto are either shady or Grey sites. But there are some e-commerce projects based on crypto which will give a push to crypto usage in terms of shopping.
Before we even come down to the issue of having a reliable site that are accepting cryptocurrency or bitcoin, I don’t think that I have even seen up to 10 companies that are accepting bitcoin out of the millions of companies that we have.I understand that adoption rate is still very low, but even with the low rate of adoption, there are so many companies that are holding cryptocurrency here today for the purpose of bull run, and I think that it is high time that many people start introducing bitcoin into their own platform for payment and not just buying bitcoin alone and expecting that it will rise without adoption. What will create adoption more is when there are places where we can spend our cryptocurrency. It is only in the gambling section that I can say that they are trying.
November 16, 2019, 07:26:33 PM
There has been speculation for some time that bitcoin is such a good store of value that it will never become the currency we want and another coin will have to take its place and in fact this is historically accurate as well, while gold was used as a currency for thousands of years the truth is that it was used the most not as a currency but as a store of value and silver was the precious metal that circulated the most, for some time many thought litecoin will perform that functions as it was even called the silver of cryptocurrencies but now I have my doubts.
It has just been a decade or so since crypto currencies got created. It is a way too early to pass such statements like bitcoin is just a store of value. If I am not wrong, bitcoin is already being accepted by few companies as payment. Before being used purely like a medium of exchange, it should have worldwide acceptance. That will take some time. Moreover, its current volatility makes it better an asset than currency.
November 16, 2019, 06:27:59 PM
Before we even come down to the issue of having a reliable site that are accepting cryptocurrency or bitcoin, I don’t think that I have even seen up to 10 companies that are accepting bitcoin out of the millions of companies that we have.
Not sure where you have been, but there are literally hundreds of thousands of businesses in Japan alone that accept Bitcoin. It's safe to say that there are triple the number of businesses accepting Bitcoin in the rest of the world.Obviously, not every business is a super market locally, but that will come eventually. Another thing is that people need to be more willing to actually spend their coins, otherwise what's the point of accepting Bitcoin? There has to be an incentive.
Stability will play a role of importance too as the volatile nature of this market doesn't make Bitcoin or any other crypto currency a reliable form of money.
November 16, 2019, 12:03:03 PM
most if us have not used crypto for shopping and I am finding it difficult to find a reliable site to purchase goods as most of the sites which accepts crypto are either shady or Grey sites. But there are some e-commerce projects based on crypto which will give a push to crypto usage in terms of shopping.
Before we even come down to the issue of having a reliable site that are accepting cryptocurrency or bitcoin, I don’t think that I have even seen up to 10 companies that are accepting bitcoin out of the millions of companies that we have.I understand that adoption rate is still very low, but even with the low rate of adoption, there are so many companies that are holding cryptocurrency here today for the purpose of bull run, and I think that it is high time that many people start introducing bitcoin into their own platform for payment and not just buying bitcoin alone and expecting that it will rise without adoption. What will create adoption more is when there are places where we can spend our cryptocurrency. It is only in the gambling section that I can say that they are trying.
November 16, 2019, 10:23:34 AM
There has been speculation for some time that bitcoin is such a good store of value that it will never become the currency we want and another coin will have to take its place and in fact this is historically accurate as well, while gold was used as a currency for thousands of years the truth is that it was used the most not as a currency but as a store of value and silver was the precious metal that circulated the most, for some time many thought litecoin will perform that functions as it was even called the silver of cryptocurrencies but now I have my doubts.
It has just been a decade or so since crypto currencies got created. It is a way too early to pass such statements like bitcoin is just a store of value. If I am not wrong, bitcoin is already being accepted by few companies as payment. Before being used purely like a medium of exchange, it should have worldwide acceptance. That will take some time. Moreover, its current volatility makes it better an asset than currency. November 13, 2019, 01:43:51 PM
Count me in. I had bought Steam Credits using Bitcoin. There ain't that much of local online store at my country that allows the payment through Bitcoin. I knew NewEgg accepts Bitcoin these days, but I'll still incur shipping expenses from that and it is a bit of a hassle for me to setup carrier before I buy anything internationally. I still stick to fiat most of the time when I am gonna buy most of the basic needs.
That is so cool. Using bitcoin to buy something is an experience that most of the holders still need to taste and definitely it is a new thing. We need to be a bit patient for making use of bitcoin in daily commerce as this requires some time before bitcoin and altcoins go mainstreams. Besides, the major reason behind investing in these coins at present is earning profits, so they are performing well in this regard.One of the lapses that I see why the use of Bitcoin for payment is because most of the institution that are meant to make provision for this also are not helping matters because instead of them interrogating the payment processor of Bitcoin into their own website, they are just busy holding Bitcoin also and expecting it to grow. We need a whole lot of people to actually be encouraged to start using Bitcoin for us to be able to gain more power on the value of bitcoin.
November 13, 2019, 01:22:14 PM
As of now i haven't used bitcoin/cryptocurrency as my way of payment to buy some stuff besides cellphone loads because i have not yet encountered a store that accepts bitcoin/cryptocurrency as an alternative way of payment but if i do i will definitely use some of my cryptos as my payment.
Exactly, i am having a hard time crossing paths with stores or ecommerce that accepts cryptocurrency as a payment so i mostly exchange it to fiat just to buy stuff.
it's hard to find ecommerce that uses bitcoin/crypto, since steam no longer supports payments with bitcoin anymore. even more worst is that in my country prohibits all transactions that use crypto for payment.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
Exactly, i am having a hard time crossing paths with stores or ecommerce that accepts cryptocurrency as a payment so i mostly exchange it to fiat just to buy stuff.
Yes most if us have not used crypto for shopping and I am finding it difficult to find a reliable site to purchase goods as most of the sites which accepts crypto are either shady or Grey sites. But there are some e-commerce projects based on crypto which will give a push to crypto usage in terms of shopping.
November 13, 2019, 12:48:47 PM
Yes because nowadays, bitcoin is more likely to be an asset and the people who have bitcoin are practical and they don't want to use their bitcoin as a means of payment because they usually pay a slightly bigger amount of money if they will use bitcoin. In terms of paying for goods and services, it is better if they will just use stable coins or other forms of payment system like paypal.
During the first 6 years of Bitcoin, it has been widely used as a means of payment, people are using this to transact, they are using this so people can be attracted and the supply will circulate around the world, but during the bull run, almost all people don't like to spend even a single amount of Bitcoin, as much as possible, they would like to save it for the next bull run.
most people believe that bitcoin in the future will be more valuable than it is today, therefore most of them choose to save bitcoin for the long term rather than having to be used as a payment tool that can buy whatever they need
November 13, 2019, 12:07:34 PM
As of now i haven't used bitcoin/cryptocurrency as my way of payment to buy some stuff besides cellphone loads because i have not yet encountered a store that accepts bitcoin/cryptocurrency as an alternative way of payment but if i do i will definitely use some of my cryptos as my payment.
Exactly, i am having a hard time crossing paths with stores or ecommerce that accepts cryptocurrency as a payment so i mostly exchange it to fiat just to buy stuff.
it's hard to find ecommerce that uses bitcoin/crypto, since steam no longer supports payments with bitcoin anymore. even more worst is that in my country prohibits all transactions that use crypto for payment.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
Exactly, i am having a hard time crossing paths with stores or ecommerce that accepts cryptocurrency as a payment so i mostly exchange it to fiat just to buy stuff.
November 13, 2019, 11:46:47 AM
This is the real problem towards the spread of crypto: those who do not believe in it, do not want to use it.
Those who believe in it keep it because they hope it grows.
In this way, it is inevitable that the crypto be used only for speculation.
But just be patient.
There has been speculation for some time that bitcoin is such a good store of value that it will never become the currency we want and another coin will have to take its place and in fact this is historically accurate as well, while gold was used as a currency for thousands of years the truth is that it was used the most not as a currency but as a store of value and silver was the precious metal that circulated the most, for some time many thought litecoin will perform that functions as it was even called the silver of cryptocurrencies but now I have my doubts.Those who believe in it keep it because they hope it grows.
In this way, it is inevitable that the crypto be used only for speculation.
But just be patient.
November 13, 2019, 12:16:24 AM
it's hard to find ecommerce that uses bitcoin/crypto, since steam no longer supports payments with bitcoin anymore. even more worst is that in my country prohibits all transactions that use crypto for payment.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
at the moment I can only use bitcoin to pay for VPS/RDP or cloud storage (such as awesomerdp, wushare). it is better to exchange bitcoin to FIAT if it is indeed want to make transactions on e-commerce.
November 12, 2019, 09:54:17 PM
~snip~
There may be the possibility that many people who have bitcoin do not want to spend it, prefer to spend FIAT money, because they know that Bitcoin is about to give a good bullish rally, sometimes Hodl is better, this applies to those who know the technology and The reachability of Bitcoin.
On the other hand, many people do not use Bitcoin because they do not know it, they may have many doubts about how digital money works, in countries like Italy they prefer to use Bitcoin as a payment method over credit cards and online purchases, since a Bitcoin culture is being created, adoption is still being considered worldwide, but there are people who do not take it yet because of fears unfounded by newscasts, analysts, economists and governments that instill in them that Bitcoin is very dangerous as an investment and not They recommend it, it is difficult to awaken minds so quickly, but compared to previous years there is a breakthrough.
In my case I pay everything with Bitcoin, as long as there is the ease of doing so, because it is very few satoshis, I live in a country with a lot of inflation, therefore bitcoin is oxygen.
November 12, 2019, 09:01:20 PM
Count me in. I had bought Steam Credits using Bitcoin. There ain't that much of local online store at my country that allows the payment through Bitcoin. I knew NewEgg accepts Bitcoin these days, but I'll still incur shipping expenses from that and it is a bit of a hassle for me to setup carrier before I buy anything internationally. I still stick to fiat most of the time when I am gonna buy most of the basic needs.
We can use bitcoin/crypto for commerce because our country still not allowed using bitcoin as legal currency payment, we can use bitcoin and altcoin as commerce when we buying something with online payment transaction, many website have support using bitcoin as their payment way and we can use bitcoin for commerce and not only for investing and trading. 
November 12, 2019, 11:32:10 AM
The percentage of bitcoiners using bitcoin for commerce is very low. This is all because of its increased demand as an investment than a value based exchangeable asset. Over the years the acceptance level too is not that big. Now things have changed and people have begun to use it much on online stores. As days pass when there happens more direct acceptance eliminating intermediaries the usage percentage of bitcoiners on commerce increases.
November 12, 2019, 11:03:17 AM
This is the real problem towards the spread of crypto: those who do not believe in it, do not want to use it.
Those who believe in it keep it because they hope it grows.
In this way, it is inevitable that the crypto be used only for speculation.
But just be patient.
There has been speculation for some time that bitcoin is such a good store of value that it will never become the currency we want and another coin will have to take its place and in fact this is historically accurate as well, while gold was used as a currency for thousands of years the truth is that it was used the most not as a currency but as a store of value and silver was the precious metal that circulated the most, for some time many thought litecoin will perform that functions as it was even called the silver of cryptocurrencies but now I have my doubts. Those who believe in it keep it because they hope it grows.
In this way, it is inevitable that the crypto be used only for speculation.
But just be patient.
November 12, 2019, 10:57:59 AM
Actually I am using cryptocurrency right now in my real life, the one that I am getting from trading and bounty hunting I am using it into my real life. I am converting it first in to our local currency in order for me to use it as a former money to buy goods and products here in my country. There are many experiences that I've used cryptocurrency in my life I actually buy my phone through the help of cryptocurrency and bitcoin, as well as I already build some good computer because of my earnings in the cryptocurrency in which I am getting bitcoin and other coins just like ethereum and xrp's. This are my experience in real life which I used my bitcoin and cryptocurrency to help me for my daily life basis.
November 12, 2019, 10:08:19 AM
yes some bitcoin users do not use bitcoin as a means of payment because they want to save their bitcoin. they don't want to spend their bitcoins to buy things they can buy with fiat money. actually this condition in my opinion is not very good. because if bitcoin is only used for investment, there won't be mass adoption that can push the value of bitcoin. therefore we should as a bitcoin community also have to use bitcoin for payment tools. like to top up games or to pay electricity or internet bills.
Yes because nowadays, bitcoin is more likely to be an asset and the people who have bitcoin are practical and they don't want to use their bitcoin as a means of payment because they usually pay a slightly bigger amount of money if they will use bitcoin. In terms of paying for goods and services, it is better if they will just use stable coins or other forms of payment system like paypal.
November 12, 2019, 10:06:40 AM
Yes because nowadays, bitcoin is more likely to be an asset and the people who have bitcoin are practical and they don't want to use their bitcoin as a means of payment because they usually pay a slightly bigger amount of money if they will use bitcoin. In terms of paying for goods and services, it is better if they will just use stable coins or other forms of payment system like paypal.
During the first 6 years of Bitcoin, it has been widely used as a means of payment, people are using this to transact, they are using this so people can be attracted and the supply will circulate around the world, but during the bull run, almost all people don't like to spend even a single amount of Bitcoin, as much as possible, they would like to save it for the next bull run.
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