I can't use bitcoin buying a coffee now. - page 6.

Kprawn

legendary

Activity: 1904

Merit: 1074

There is a very easy workaround to enable you to still buy coffee with Bitcoin. Get the coffee merchant to open up a Xapo wallet and then do off-chain

transactions within the Xapo network for zero fees and immediate confirmations. They will only have to pay one fee, when they tally up the days

transactions and then withdraw it from the Xapo network to the Blockchain. We had to do this to get past the problems we experienced a while ago

when there were spam attacks on the network. { It will only be temporary, until the scaling issues has been solved } Wink

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: alyssa85 on April 11, 2017, 09:35:17 AM

You can always use other coins like Doge for that kind of stuff. You can use bitwala to pay for stuff in doge, dash, litecoin etc. See

https://www.bitwala.io/card/

https://www.bitwala.io/bitwala-sepa-transfers-with-ether-litecoin-dash/

Good idea for OP. However, why anyone would want to spend their precious crypto on something as consumable as coffee is beyond me. But good luck in doing so if that's your desire.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

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.

can't you pay offchain your coffe, they don't accept this kind of service? a coffe isn't worth much i think they could accept it off-chain with zero confirmation, if no solution is present i find that we need other good altcoin, for this kind of small payment, altcoin that have only the usage for this small transaction, and have not the problem of the block limit, because they need to handle few transaction per day

abel1337

legendary

Activity: 2492

Merit: 1145

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I feel you mate , thats why Im buying my personal stuffs now by using fiat because bitcoin transactions today needs high fee in order to make a transaction more faster. Its better in my case to convert my bitcoins into local currency and buy the things I want.

jak3

legendary

Activity: 1274

Merit: 1004

yes thats true transactions nowday are really broken the records. i belive some company can make a offchain wallet system of their own and can easily earn some tax by providing a very low cost transaction system. even if i have some time and resources i can start this wallet right now. i hope soon someone take this step that can save everyone a huge amount of tax

jaceefrost

hero member

Activity: 826

Merit: 1001

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.

you can still use bitcoin as payment for some personal shopping if they don't require a confirmation to be able to be a valid purchase. I agree that with the current high fee that is required for btc to be confirmed as fast as before is too much already to use on a daily basis. It's a good thing that some wallet provider still have options that they cover the charge for fee of about 40k satoshis.

CROYA86

sr. member

Activity: 490

Merit: 250

I guess if your problem on the confirmation should be those stores do not need to use the confirmation because it will need the long time, to my knowledge every transaction it will not be returned to the sender but will only take a long time only, so in a business like this should have a payment using bitcoin no need to use 2 confirmation again

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: kvlolo on April 11, 2017, 09:38:50 AM

Quote from: alyssa85 on April 11, 2017, 09:35:17 AM

You can always use other coins like Doge for that kind of stuff. You can use bitwala to pay for stuff in doge, dash, litecoin etc. See

https://www.bitwala.io/card/

https://www.bitwala.io/bitwala-sepa-transfers-with-ether-litecoin-dash/

The point is that other coins like doge or litecoin is much less popular than bitcoin. The coffee shop does not accept doge and litecoin.

The main point if you can't use bitcoin to buy a cup of coffee right now. He means the off-chain transaction while there is a problem with the blockchain network and your transaction will be delivered over 2-3 hours.
Last night my transaction has delivered after 6-8 hours. Thus use the on-chain transaction will not be recommended just for buying a coffee.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

There are few things that you could do such as :
1. Ask the coffee shop to accept zero confirmation, it works well if you put high fees when make transaction to ensure the transaction can be confirmed (recommended option)
2. Buy lots of items at once, so you won't feel that you spend lots of money only for fees.
3. Use bitcoin debit card even though it kill the purpose of pay with bitcoin.
4. Wait until SegWit is activated and hope the fees will be decreased after it since the block shouldn't full anymore.

xypos

sr. member

Activity: 532

Merit: 250

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.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

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.

If that is the case then back in the traditional payment with fiat now and start saving bitcoin. There's no different if we have to use fiat or bitcoin in a physical coffee shop.

The transactions fees we are using today will be worth hundred of dollars in the future

.

This is really making a sense. Cool

Quote from: BrewMaster on April 11, 2017, 09:46:00 AM

as someone who has never seen a real shop accept bitcoin can you take a photo in the coffee shop that is accepting bitcoin and share it with us?

It's still like a normal coffee shop. If OP can give the name, that is enough.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

as someone who has never seen a real shop accept bitcoin can you take a photo in the coffee shop that is accepting bitcoin and share it with us?

kvlolo

full member

Activity: 134

Merit: 100

Quote from: alyssa85 on April 11, 2017, 09:35:17 AM

You can always use other coins like Doge for that kind of stuff. You can use bitwala to pay for stuff in doge, dash, litecoin etc. See

https://www.bitwala.io/card/

https://www.bitwala.io/bitwala-sepa-transfers-with-ether-litecoin-dash/

The point is that other coins like doge or litecoin is much less popular than bitcoin. The coffee shop does not accept doge and litecoin.

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

You can always use other coins like Doge for that kind of stuff. You can use bitwala to pay for stuff in doge, dash, litecoin etc. See

https://www.bitwala.io/card/

https://www.bitwala.io/bitwala-sepa-transfers-with-ether-litecoin-dash/

kvlolo

full member

Activity: 134

Merit: 100

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.

Topic: I can't use bitcoin buying a coffee now. - page 6. (Read 4809 times)