I can't use bitcoin buying a coffee now.

lionheart78

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Quote from: traderMax on April 18, 2017, 10:36:49 AM

Quote from: kvlolo on April 11, 2017, 09:17:17 AM

I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.

It does not make sense to pay with bitcoin for orders that are shorter than 30 minutes. Because the payment will be confirmed within 10 minutes at the earliest.
It is currently not possible to pay with bitcoin for fast-food consumption like coffee.

And worst, transaction fee is way more expensive than a coffee order here in our country. It would be funny if you spend more on the transaction than on the goods that you bought. Only and insane person can accept that. But I think we just need to wait, developer is aware of all of this thing, and am sure there will be a fix for this, the only problem is when. But rest assured, we can enjoy buying coffee again with bitcoin in the future.

Rahar02

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Quote from: kvlolo on April 11, 2017, 09:17:17 AM

I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.

This problem because people in rush to get their transaction to be confirmed as soon as possible by adding more fee, so yes ; low fee transaction more likely won't ever be included in blockchain block. The days for spending bitcoin for pennies has ended as bitcoin price reach ATH this year. Who want to buy a cup of coffee but have to add another $1 for fee but it takes longer time to receive.

leopard2

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there are a lot of vendors on localbitcoins that sell gift cards at discounts, some of them huge discounts

sadly most of them are for US only Cry

StevenS

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You can buy Starbucks with Bitcoin today.
Go to https://coffee.foldapp.com/. Using Bitcoin, buy a $10 Starbucks gift card (with a 10% discount!)
Apparently, the Fold transaction requires 0 confirmations, so you can have your gift card in minutes.
And, you can do it anonymously. (It keeps a cookie in your browser to remember your Starbucks gift card.)

mrcash02

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Quote from: andrei56 on April 19, 2017, 12:20:07 PM

Quote from: xypos on April 11, 2017, 09:59:12 AM

I cannot grasp the idea, why would anyon think that bitcoin has been created to pay for coffee at the cafe?

It was created to revolutionize the payment system, and financial sector, but the way to pay by bitcoin for cofee is still far in the future.

It doesnt make sense because of the fee size, so you need to decrease it somehow-but you simply cant.

I would just prefer to use regular cash, or convert my crypto to fiat, just to pay for coffee right?
It isn't hard for me to understand that some people are very happy that bitcoin payment is available in some of the shops, but I dont think that this example is a best use I couls imagine.

It is simple why we may want to pay for coffee with bitcoin, because we want and because we should be able to do it, I can do that with fiat whether I’m using cash or a debit card or even a gift card, so it is obvious we want to do the same with bitcoin even if it is not the optimal way to use it.

I agree with you, if BTC is money, it should buy anything that fiat buys. Since a candy until a plane! But we must understand for now that it's not possible, what doesn't mean it won't be in the future. I think we can't exclude the possibility to buy cheap things with BTCs, because it can be a way to introduce more people into the Crypto Currency world.

andrei56

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Quote from: xypos on April 11, 2017, 09:59:12 AM

I cannot grasp the idea, why would anyon think that bitcoin has been created to pay for coffee at the cafe?

It was created to revolutionize the payment system, and financial sector, but the way to pay by bitcoin for cofee is still far in the future.

It doesnt make sense because of the fee size, so you need to decrease it somehow-but you simply cant.

I would just prefer to use regular cash, or convert my crypto to fiat, just to pay for coffee right?
It isn't hard for me to understand that some people are very happy that bitcoin payment is available in some of the shops, but I dont think that this example is a best use I couls imagine.

It is simple why we may want to pay for coffee with bitcoin, because we want and because we should be able to do it, I can do that with fiat whether I’m using cash or a debit card or even a gift card, so it is obvious we want to do the same with bitcoin even if it is not the optimal way to use it.

timerland

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Quote from: uneng on April 11, 2017, 11:46:01 AM

Quote from: Quantus on April 11, 2017, 11:38:23 AM

My understanding is if we want Bitcoin to have micro transactions again we must enable segwit then companies like coffee shops can start small side chains for their customers.

Yes, only with an improvement like segwit we can start buying cheap, little things with bitcoins. Bitcoin isn't fully developed yet to work with full efficiency as users want. And it's not so easy to do, as the community thinks different in many aspects.
To implement something it takes too much time and discussion about.

There is a big problem about bitcoin not being used for micropayments, because that may cause people seek for other solution, but not in the #1 cryptocurrency, but in some altcoins.
If SegWit won't be implemented, bitcoin volume can go slightly lower, because the people will look for some altcoins which basically allow sending small transactions (bitcoin does too, but the fee is too high) which is going to get confirmed fast.

I hope we will find some way to fix the current way of blockchain work, because sometimes the traffic is really huge, and is really annoying for everybody using transaction system ( maybe except miners

)

Rinder

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Well xapo doesnt charge any fees to transactions between their accounts, and if you dont like it you can try poloniex since their fee keeps being 10k satoshis, soo you can keeo drinking you coffee as before just choose the processors able to keep you happy.

Ekanenf

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Quote from: grizman on April 18, 2017, 10:30:01 AM

Quote from: soros017 on April 18, 2017, 09:47:48 AM

You must be one of the few people who does this. Where I live, for example, there are not many possibilities for doing this.
If you are having such problems, I suggest you use your credit card, until things get right on Bitcoin side. Or you can opt for a Bitcoin debit card, but the fees will make things more difficult.

It is unacceptable for me to buy coffee for bitcoin. It seems to me that soon I can regret such a purchase. Because this is a non-rational waste of resources. Similarly, I will never buy any other everyday goods for bitcoins

Yeah, right? Because why do we need to spend bitcoin to buy a coffee if we can use fiat, is this a way to shout out to the world that we have bitcoins and others don't have? Well, we don't have to be this way, we should be low key as always, be humble, and not use bitcoin on everything where we want to, use it where you think it is worth to be use.

And I would rather spend my fiat just to buy a lot of coffee and save my bitcoin to have profits in the long run.

Gembul

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Quote from: grizman on April 18, 2017, 10:30:01 AM

Quote from: soros017 on April 18, 2017, 09:47:48 AM

You must be one of the few people who does this. Where I live, for example, there are not many possibilities for doing this.
If you are having such problems, I suggest you use your credit card, until things get right on Bitcoin side. Or you can opt for a Bitcoin debit card, but the fees will make things more difficult.

It is unacceptable for me to buy coffee for bitcoin. It seems to me that soon I can regret such a purchase. Because this is a non-rational waste of resources. Similarly, I will never buy any other everyday goods for bitcoins

I think bitcoin not only been created for investment or trading purposes only. Like money in general, bitcoin created to facilitate people in transactions such as buying and selling. And buy goods with bitcoin I think the common thing to happen. Buying coffee with bitcoin maybe can not be done by any user bitcoin, due to the bitcoin development in each country is different. So buy coffee with bitcoin become unnatural for other bitcoin users. Thank you

squatz1

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Flying Hellfish is a Commie

The sad thing is that at this point even if you fully try to get everyone you know to use Bitcoin, most people really don't care for a lot of the stuff that bitcoin can offer. Some people try to say that Bitcoin is anonymous and hard to trace (we know this isn't true) but even on that tangent. What normal person in the world really cares about who knows where there money is going?

Or the part about Bitcoin being close to instantly also isn't true at all, we pay a disgusting amount in fees (50 cents or so) on a Coffee which at the most should be costing around $5 (Starbucks I'm going on here) that means your paying an extra 10 percent then tax just to use this weird crypto.

Most people just want to use cash or a credit card, much easier and cheaper for them.

Once we fix the scaling issues, MAYBE it could be used for Coffee but I still doubt it.

iv4n

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Quote from: traderMax on April 18, 2017, 10:36:49 AM

Quote from: kvlolo on April 11, 2017, 09:17:17 AM

I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.

It does not make sense to pay with bitcoin for orders that are shorter than 30 minutes. Because the payment will be confirmed within 10 minutes at the earliest.
It is currently not possible to pay with bitcoin for fast-food consumption like coffee.

That are the problems that bitcoin face on global scale. How we can use bitcoin at the moment if we have so many little problems, and on top of that we need to wait for confirmation or we need to pay extremely high fee to avoid that.
If dev's wish bitcoin to be used for everyday needs they will need to fix this problems and they really need to see about this fees, it will be not so good if they rise more, even now they are high.

traderMax

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Quote from: kvlolo on April 11, 2017, 09:17:17 AM

I used to buy a coffee from time to time with bitcoin.
But I can't use bitcoin buying a coffee now, because the fee is so high, if I keep 0.0001 fee like before, it would take days for the transaction to get confirmed, I've got a transaction which took 11 days to get the 1st confirmation last month.
It's not cost-effective any more to buy (I mean both online and buying face to face) thing via bitcoin. And this is why I quit buy coffee with bitcoin.

It does not make sense to pay with bitcoin for orders that are shorter than 30 minutes. Because the payment will be confirmed within 10 minutes at the earliest.
It is currently not possible to pay with bitcoin for fast-food consumption like coffee.

grizman

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Quote from: soros017 on April 18, 2017, 09:47:48 AM

You must be one of the few people who does this. Where I live, for example, there are not many possibilities for doing this.
If you are having such problems, I suggest you use your credit card, until things get right on Bitcoin side. Or you can opt for a Bitcoin debit card, but the fees will make things more difficult.

It is unacceptable for me to buy coffee for bitcoin. It seems to me that soon I can regret such a purchase. Because this is a non-rational waste of resources. Similarly, I will never buy any other everyday goods for bitcoins

soros017

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You must be one of the few people who does this. Where I live, for example, there are not many possibilities for doing this.
If you are having such problems, I suggest you use your credit card, until things get right on Bitcoin side. Or you can opt for a Bitcoin debit card, but the fees will make things more difficult.

Kotone

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I think they don't want to accept bitcoin anymore this means starbucks will no longer accept bitcoin as payment method hope that all starbucks on all over the country will implement this one for us to easy to pay with bitcoins.

webtricks

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Considering the problem of raising fees, I guess time has come when an Altcoin pops up and takes a position of Junior. In my opinion Dogecoin is best alternative. People should start using Dogecoins for micro-payment while macro-payments could still be in hands of Bitcoin. It is the most effective mean at present and can save fees by 2000% !!

sportis

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Veni, Vidi, Vici

Bitcoin is created as p2p payment system but anyone knows that is not appropriate for microtransactions. Unfortunately as time passes network fees will be raised because the block reward will be decreased after any halving. So people have get to use different payment mediums for anything they want to buy. Cash or a credit card would be a better way to buy a cup of coffee than bitcoins. Therefore there is none to wonder how to buy from coffee shop with his paypal account.

DoublerHunter

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Quote from: nightxglow on April 17, 2017, 03:39:44 AM

I don't use bitcoin as a digital currency anymore because as you said, the fees is getting too high, sometimes more than paypal if the transcation amount is not much. And did you have to wait for confirmation until they give you the coffee? or did they accept zero confirmation?

The coffee shop here near from my house accepts bitcoin as a payment also in buying a coffee and they did accept bitcoin even it doesn't have a confirmation yet as long as they see that they are already receiving the bitcoin then they already confirmed it and you can enjoy your coffee without worrying about the confirmation.

nightxglow

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I don't use bitcoin as a digital currency anymore because as you said, the fees is getting too high, sometimes more than paypal if the transcation amount is not much. And did you have to wait for confirmation until they give you the coffee? or did they accept zero confirmation?

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