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Topic: Smartphones are vital to bitcoin growth - page 6. (Read 5954 times)

full member
Activity: 201
Merit: 194
April 13, 2017, 12:24:10 AM
#57
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 
Yes, indeed I like very much the mobile apps about Bitcoin because they are very easy to use and minimalist, well designed and very comfortable.Not everything has been invented and I have the hope that there are geniuses who in the future will create things much more ingenious than those of now.  
legendary
Activity: 2450
Merit: 1047
April 12, 2017, 10:56:30 PM
#56
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

I agree I do not have data on the percentage on how many smartphone users are using it to buy using bitcoin payment gateway but yeah in the future we will see many more bitcoin users using smartphone more than the traditional way of trading bitcoin,Bitcoin is very nuch into any upcoming technology in fact a lot of applications are built for bitcoin.
sr. member
Activity: 476
Merit: 251
Revolutionizing Brokerage of Personal Data
April 12, 2017, 10:37:30 PM
#55
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 
Yes, and the operating system of smartphone will be more vital to bitcoin growth is android
because the numbers of users more large than iPhone Apple
and bitcoin payment method Will be more popular on android than iPhone Apple
 although it will needs long time for happening because the bitcoin is still not famous.

yes, more users are using android phone because there are so many affordable android phones in the market compared it to the price of iPhones.

to op, i agree to him that smart phones are vital in bitcoin growth particularly if you want someone to use bitcoin. bitcoin can be so accessible for them if one have smartphone.
hero member
Activity: 896
Merit: 514
April 12, 2017, 10:25:24 PM
#54
except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so? On the other hand, Apple Pay is also centralized and doesn't provide even pseudo anonymity. Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more. The days of shifting bitcoins around for pennies are long gone... unless you want to wait.

This is the biggest problem that Bitcoin is right now facing. This delay of transactions can cost Bitcoin a big chunk of its potential. Hopefully, the whole Bitcoin community can soon find an acceptable solution for this scaling problem. Right now, there is a raging disagreement among Bitcoin's technical people as how to solve this problem. It is because both sides are also bringing their own business interest and even greediness to the table. They should talk as one and come up with a viable solution. The more this problem is delayed the more that Bitcoin can lost its hard-to-establish momentum.
I agree and I hope they get to agree on a solution already that would benefit the whole system and not their own greedy asses. Some of them are really proposing a system that will only benefit themselves. That is the most common problem in the human societies. That is why progress is hindered.
hero member
Activity: 490
Merit: 501
April 12, 2017, 10:03:15 PM
#53
except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so? On the other hand, Apple Pay is also centralized and doesn't provide even pseudo anonymity. Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more. The days of shifting bitcoins around for pennies are long gone... unless you want to wait.

This is the biggest problem that Bitcoin is right now facing. This delay of transactions can cost Bitcoin a big chunk of its potential. Hopefully, the whole Bitcoin community can soon find an acceptable solution for this scaling problem. Right now, there is a raging disagreement among Bitcoin's technical people as how to solve this problem. It is because both sides are also bringing their own business interest and even greediness to the table. They should talk as one and come up with a viable solution. The more this problem is delayed the more that Bitcoin can lost its hard-to-establish momentum.
newbie
Activity: 54
Merit: 0
April 12, 2017, 09:55:41 PM
#52
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 
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legendary
Activity: 1148
Merit: 1048
April 12, 2017, 09:41:29 PM
#51
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Smartphones indeed are a very important part of bitcoin.

It is so easy to scan a QR code and then voila, sending a transaction is literally as easy as pressing "send".

The beauty of bitcoin is that you can literally use it on any platform because the implementation is so easy, as the source code is open source. But smartphones are easy to carry around, making it easier for people to make transactions everywhere.

I totally forgot.about the convenience of qrc codes and smart devices. It's a small PITA to use a webcam to scan a qrc, which are notoriously low resolution (for the rim mounted laptop.versions at least). Most semi decent smart phones have a more than passable camera attached; given the annoyance that a bitcoin address is, any bitcoin device someone is going to use practically.is.going to need a camera and a screen.

Two birds, one stone.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
April 12, 2017, 09:10:59 PM
#50
I would agree and even focus on the next logical step: integration with the personal assistants on smartphones. Alexa + bitcoin = Win.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
April 12, 2017, 07:59:16 PM
#49
but in fact the majority is not able to afford the blockchain itself, so the alternate client will help growing the bitcoin growth without the problem of loading the blockchain. the original bitcoin wallet is almost a nightmare to me as i will have to download all the blockchain data IIRC.
hero member
Activity: 574
Merit: 500
April 12, 2017, 07:47:34 PM
#48
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Smartphones indeed are a very important part of bitcoin.

It is so easy to scan a QR code and then voila, sending a transaction is literally as easy as pressing "send".

The beauty of bitcoin is that you can literally use it on any platform because the implementation is so easy, as the source code is open source. But smartphones are easy to carry around, making it easier for people to make transactions everywhere.
legendary
Activity: 1666
Merit: 1001
April 12, 2017, 07:33:17 PM
#47
I will have to agree, nowadays more people using smartphone than using laptop, because it is more efficient, now we can access the trading site using smartphone, we can do payment using smart phone, we can know the updated news using smartphone and still so many thing that we can do using smartphone, so smartphone really help bitcoin to growth
legendary
Activity: 1218
Merit: 1007
April 12, 2017, 07:32:14 PM
#46
Make more secure wallets more viable and actually useful for mobile platforms that can't be modified at all by devs and then you have something that becomes a little bit more viable. Even then, most phones aren't really built to have the entire blockchain downloaded on their hardware.

It is possible to make Bitcoin a lot bigger through smartphones, but the technicalities of it are going to make it an interesting challenge for anyone who cares.
newbie
Activity: 28
Merit: 0
April 12, 2017, 07:19:22 PM
#45
except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so?
On the other hand, Apple Pay is also centralised and doesn't provide even pseudo anonymity.
Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more.
The days of shifting bitcoins around for pennies are long gone... unless you want to wait.
Even for bitcoin transaction you need not shell out $1 for every transaction, hope there will be lightning network in the future and i do not consider bitcoin as a currency that can be used on a daily basis instead i do consider it as an asset class with other capabilities if there are changes in the transaction speed then i might change my views.
Agree, bitcoin is not currency: it is investment.
sr. member
Activity: 350
Merit: 250
April 12, 2017, 07:17:07 PM
#44
except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so?
On the other hand, Apple Pay is also centralised and doesn't provide even pseudo anonymity.
Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more.
The days of shifting bitcoins around for pennies are long gone... unless you want to wait.
Even for bitcoin transaction you need not shell out $1 for every transaction, hope there will be lightning network in the future and i do not consider bitcoin as a currency that can be used on a daily basis instead i do consider it as an asset class with other capabilities if there are changes in the transaction speed then i might change my views.
sr. member
Activity: 381
Merit: 250
April 12, 2017, 06:11:57 PM
#43
Yeah I agree, smartphones is widely
used all around the world. And when
we use mobile payments using bitcoin
it will definitely help bitcoin get more popularize.
hero member
Activity: 1008
Merit: 510
April 12, 2017, 06:03:15 PM
#42
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Smart phones will help facilitate Bitcoin transactions and trading and makes using Bitcoin relatively easy. Without them I don't think brick and mortar businesses would be able to accept Bitcoin as payment. It's vital to growing that niche for Bitcoin.
hero member
Activity: 1722
Merit: 528
April 12, 2017, 05:50:34 PM
#41
Smartphone is really a big help especially to a lot of people who are busy with their jobs, their smartphone will be their bridge to people, paying bills, talking to them, making deals or having a meeting with them, there is a lot of things a smartphone can do. I don't know exactly the date when smartphone is used to pay but I do remember that watching on a television advertisement. I hope the problem with the bitcoin transactions can be now solved so there will be no waiting after purchasing an item. 
legendary
Activity: 1106
Merit: 1000
April 12, 2017, 04:42:14 PM
#40
Smartphone is the most usage in this world, means almost everyone have in their pocket. Implementing bitcoin environment(like wallet, app, marketplace, ect) into smartphone will growth bitcoin user.
But the lack of smartphone is not really support bitcoin network environment, for example mobile wallet, also the security is not really guaranteed.

And the best part is where you actually can hold millions of dollars in bitcoin in your mobile phone or in the clouds or both

That's terrible idea, smartphone lack of security and use the clouds have a more chance you will be hacked.
legendary
Activity: 1862
Merit: 1004
April 12, 2017, 03:49:38 PM
#39
I don't think you will be able to use your smartphone to pay for your groceries/necessities in the foreseeable future ~5 years.
And that is probably the the most needed, serious usage of cryptocurrency we are waiting for - for other payments you don't need mobile access.
Also you guys overvalue smartphone revolution, some people are still not using smartphones, me included.
hero member
Activity: 924
Merit: 506
April 12, 2017, 03:44:15 PM
#38
And the best part is where you actually can hold millions of dollars in bitcoin in your mobile phone or in the clouds or both and go everywhere in the world with ease of mind without someone stops you in the airport. Even though apple alone has 4-6 times market cap as bitcoin and smart phone industry is 20 times more valuable than all the bitcoins yet blockchain has a more significant impact on our lives in the long term in the future than smart phones.
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