I don't think bitcoin payment system would die or vanish this early. Bitcoin have only been starting to be widely known and industries is starting to explore its potential as payment system.
Well it has become easier and more popular to sue now as most of people prefer using bitcoin for payment and shopping instead of using money. For bitcoin payment system it has a lot of sites and systems that will pay all of your bills in few minutes, even now a lot of big markets and shopping malls accept bitcoin. In Germany restaurants are accepting bitcoin to provide online food and booking for the rooms so in this way you are right bitcoin payment will never die. 
Topic: Is Bitcoin Dying as a Payment Option? - page 2. (Read 591 times)
six months ago companies were looking to integrate Bitcoin as a payment system, in the fast-paced cryptocurrency ecosystem, things have changed dramatically.
Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced that after almost three years it would stop accepting Bitcoin. However, it did reserve that position after taking its own steps to: “ensure lower Bitcoin amounts would be redeemable by customers.”
Steam, the gaming platform, also canceled its use of Bitcoin as a payment system in early December last year. Their reasons resonated with the general consensus, citing high fees and incredible volatility as the main issues.[1]
Do you think bitcoin will back to be used as Payment Option or digital gold will be used as an investment?
Source : https://cointelegraph.com/news/is-bitcoin-dying-as-a-payment-option
Some refuse to accept cryptocurrency as payment, but some start to accept crypto. For example, ebay Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced that after almost three years it would stop accepting Bitcoin. However, it did reserve that position after taking its own steps to: “ensure lower Bitcoin amounts would be redeemable by customers.”
Steam, the gaming platform, also canceled its use of Bitcoin as a payment system in early December last year. Their reasons resonated with the general consensus, citing high fees and incredible volatility as the main issues.[1]
Do you think bitcoin will back to be used as Payment Option or digital gold will be used as an investment?
Source : https://cointelegraph.com/news/is-bitcoin-dying-as-a-payment-option
I think it's not dying but still not too suitable for payment option yet, its not suitable for payment that need fast confirmation and also the fee that is too expensive, but I think there will be a solution in the future, the one that become concerned is the high volatility, the price of bitcoin need to be more stable before it can be used as daily transaction currency
I do not think bitcoin is dying as a payment option. I think at first it was more a publicity stunt. These companies, and some celebrities like 50 cent, never thought that bitcoin would have the incredible popularity is has had. So now there is increasing government oversight and it is making up a bigger proportion of their sales. The volatility doesn't much either as people had stopped bitcoin because they could double their money by holding bitcoin for a couple months. Meanwhile transfer fees were skyrocketing to $30+.
No i do not think so. Simply the market is still too young to encourage stores to enter fully into the bitcoin ecosystem. Bitcoin is a cryptocurrency that is still in the process of development and that is evident in the volatility of its market, susceptible even more to the rumor mill than to fundamentals of the economy. Therefore it is understandable that for companies it is still difficult to match these rhythms of cryptocurrencies but I have no doubt that when the market consolidates and reduces its volatility, we will see a larger acceptance of bitcoin as a payment system.
Bitcoin as a currency does have issues, lengthy waiting times and high fees. But this will be solved with Lightning Network or with Schnorr signatures. When these are implemented we'll have fast and secure transactions that will be almost for free.
In my opinion, bitcoin has become some sort of a crypto store of wealth, some kind of crypto-gold. With the increase in transaction cost due to the scalability issue, bitcoin will be a bad means of payment for the exchange of goods and services.
yes, I agree with you, bitcoin is the best alternative to be used as a means of payment for goods and services, but not today.bitcoin must face FUD, many people expect bitcoin to be a tool of transactions, but some countries refuse.
Satoshis Nakamoto's white paper was clear, bitcoin is not a means of payment but a store of values like gold.
The currency of payment is not and will never be bitcoin!
Yes we can pay with Bitcoin but it is not made for that and the future will let emerge a currency made for payments in general!
The currency of payment is not and will never be bitcoin!
Yes we can pay with Bitcoin but it is not made for that and the future will let emerge a currency made for payments in general!
Bitcoin are doing things slow and steady so that they have a scalable, cheap, fast and.. most importantly.. decentralised solution that can really try to establish itself in the real world.
Transaction fees is maybe the big factor why its happening, Im pretty sure that those companies would be using a new kind of coin or be transferring to another one having lower transaction fee. In my country, bitcoin is still usable as a form of payment. It was well integrated by tge local app which alloes as to buy goods or iether services.
six months ago companies were looking to integrate Bitcoin as a payment system, in the fast-paced cryptocurrency ecosystem, things have changed dramatically.
Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced that after almost three years it would stop accepting Bitcoin. However, it did reserve that position after taking its own steps to: “ensure lower Bitcoin amounts would be redeemable by customers.”
Steam, the gaming platform, also canceled its use of Bitcoin as a payment system in early December last year. Their reasons resonated with the general consensus, citing high fees and incredible volatility as the main issues.[1]
Do you think bitcoin will back to be used as Payment Option or digital gold will be used as an investment?
Source : https://cointelegraph.com/news/is-bitcoin-dying-as-a-payment-option
Now, there is a host of companies either turning away from Bitcoin or doing a full U-turn. Microsoft recently announced that after almost three years it would stop accepting Bitcoin. However, it did reserve that position after taking its own steps to: “ensure lower Bitcoin amounts would be redeemable by customers.”
Steam, the gaming platform, also canceled its use of Bitcoin as a payment system in early December last year. Their reasons resonated with the general consensus, citing high fees and incredible volatility as the main issues.[1]
Do you think bitcoin will back to be used as Payment Option or digital gold will be used as an investment?
Source : https://cointelegraph.com/news/is-bitcoin-dying-as-a-payment-option
It's true that fees and the fact that transactions are really slow makes Bitcoin die as a payment method,that's because Bitcoin infrastructure wasn't ready for the huge wave of people using Bitcoin December 2017 that what caused Bitcoin being slow/unfunctional.
Campanies decision about canceling Bitcoin as a payment method is correct.But no worries,Bitcoin also evolves and they will be solutions to these obstacles.(Fees are already down to 0.22$)
Now bitcoin really does not perform the full function of the payment facility. The time of its transactions is too large, and the fees are high. Because of this, many investors prefer to invest in various altcoyins now. which are easy to use and bring a good profit. Bitcoin, meanwhile, slowly loses its popularity and demand for it. This could be corrected by the introduction of a network of lightning, but it has been tested for a very long time and it is unclear how this will end at all.
So what about the Lightning NET, guyz?? Will BTC payments finally resurrect because of it?
High fees and it takess time to confirm transfer of your bitcoin. If they can iron out these kinks then maybe it can be a new payment system worldwide
Segwit definitely helps already. I have played around with sending transactions back and forth, and managed to get first block confirmations with less than 1000 Satoshi's in fees per transaction. I even pushed it a bit further to see if that also works with sub 500 Satoshi fees, but that was a bit too much to ask for, but still they confirmed within 3 blocks on average. Granted, the number of unconfirmed transactions is pretty low recently which allows these fees to be viable, but that changes as soon as the market is going nuts and people become active again. The main focus right now is Lightning Network, which will allow people to spend funds with ridiculously low fees, and also avoid having to deal with confirmations.
In the long run btc will sit its top ranking but this is a long run strategy, in the short term it can be fluctuate. It is not dying for sure but going down for today. Try to be a long term investor by buying step by step from different costs this will help you to decrease your average cost.
Day by day bitcoin is becoming a well-known and profitable currency for people around the world who are involved in this platform. Nowadays it does not cause dying as a payment option than it would be an important choice for the payment system in the future. With the commission can actually use it as a method of payment. 
High fees and it takess time to confirm transfer of your bitcoin. If they can iron out these kinks then maybe it can be a new payment system worldwide
Segwit definitely helps already. I have played around with sending transactions back and forth, and managed to get first block confirmations with less than 1000 Satoshi's in fees per transaction. I even pushed it a bit further to see if that also works with sub 500 Satoshi fees, but that was a bit too much to ask for, but still they confirmed within 3 blocks on average. Granted, the number of unconfirmed transactions is pretty low recently which allows these fees to be viable, but that changes as soon as the market is going nuts and people become active again. The main focus right now is Lightning Network, which will allow people to spend funds with ridiculously low fees, and also avoid having to deal with confirmations.
Yes i believe so .It more a store of value and use for speculation now .Other coins are just better at handling tranctions .Even with it flaws i like using dogecoin for small transactions it fast and very cheap
I would suggest quite the opposite, bitcoin is improving as a viable payment option. You may have noticed that fees have fallen sharply since their peak a couple of months ago, this was one of the major issues surrounding bitcoin, as the fees were sometimes higher than the actual payment (when the payment was very small). Now that fees are just a fraction of a dollar, bitcoin is much more of a competitor to visa than it once was.
This can be true, I really think that bitcoin's main purpose is to serve as a payment option and to ease transactions without the hassle of using banks and remittance services. However, some people view bitcoin as a currency or an asset to hold for future income.
I agree with you, and I also view bitcoin as the payment method of the future. But truth be told, I can't really blame people for just holding to their bitcoin. We can't neglect that bitcoin can rise in value over time. It will definitely happen if we have global adoption, so it's easy to just hold the coin waiting to see your economies increase. We don't have to many options to spend the coin right now, but even with the possibility of holding bitcoin just for value, I'm sure I will spend it as well, as soon as more option become available.
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