Smartphones are vital to bitcoin growth - page 8.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: xskl0 on April 12, 2017, 04:59:37 AM

A lot of people without access to a bank have a smartphone.

I think not all of them, ever since bitcoin flurish and starts to become a virtual currency, people used to store their bitcoin into their android wallets. After that, they think they can't withdraw their bitcoin coverted fiats without a bank account. So they started using android bitcoin wallets to store bitcoin, pay some bills, and the bank to store their fiats that cane from bitcoin.

cengsuwuei

hero member

Activity: 714

Merit: 516

#SWGT PRE-SALE IS LIVE

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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.

crypto curency the future can replace digital curency(paypal , perfectmoney and more) and credit card/debit card
because crypto curency include bitcoin is very easy use without verified low fee transaction and fast transaction, can mobile transaction use android wallet

paul gatt

hero member

Activity: 896

Merit: 500

Not only are smartphones essential, all the technological devices used to access the internet are essential things that are needed for the development of bitcoin. Bitcoin is a product of technology, so it attaches new internet networks. If the internet no longer works, bitcoin and all other virtual currencies will become worthless. Bitcoin is the symbol for convenience and speed in transactions, you can implement it wherever you like. That's why we all choose it.

xskl0

sr. member

Activity: 378

Merit: 260

Bitcoin SV is Bitcoin

A lot of people without access to a bank have a smartphone.

KennyR

hero member

Activity: 2310

Merit: 532

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

Quote from: DoublerHunter on April 12, 2017, 04:22:03 AM

Yes smartphone is one of the reason why bitcoin is keep growing because of its being good to go, you just need internet connection and bitcoin wallet then you can execute different transactions online or offline. More and more people are now using smartphone and that is why bitcoin is keep on growing faster than before because the technology is being the center of attraction in our era.

As stated smartphone and the applications that comes into usage helps directly and indirectly in the growth of bitcoin as well other digital aspects. Now a days the change has got initiated that people moving towards mobile payments from the card system which emerged as an alternate to the direct payment and withdrawal.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Yes smartphone is one of the reason why bitcoin is keep growing because of its being good to go, you just need internet connection and bitcoin wallet then you can execute different transactions online or offline. More and more people are now using smartphone and that is why bitcoin is keep on growing faster than before because the technology is being the center of attraction in our era.

doomistake

hero member

Activity: 1400

Merit: 571

Quote from: zend7 on April 12, 2017, 02:00:23 AM

Smartphones are a big help to bitcoin growth and visibility but are NOT vital to it. Bitcoin is doing well from mining, and other major uses that has been discussed thousand times here like watching porn with bitcoin without revealing details and gambling with it in an anonymous way. These are the 2 major industries that are vital for bitcoin growth in my opinion but I also agree that smartphones will help a lot a few years from now when hopefully they will be more secure (Android OS full of malware and viruses if you don't know what you are doing).

Correct, smartphone is the other way which we could use in earning bitcoin, if we don't have a laptop. So how come that it is vital to bitcoin? I think it depends on the person on where he is going to use his smart phone, whether for bad thing or for good thing, and watching porn using bitcoin is not vital, it is normal since we do have our needs, what is wrong is if we are going abuse bitcoin by using it on the illegal things here on the internet.

gabbie2010

sr. member

Activity: 2590

Merit: 322

SOL.BIOKRIPT.COM

smartphones user will also contribute to the growth of bitcoin a andriod users too are growing globally, the main issue is to advisetise the importance of using bitcoin to people i.e creating more awareness to people. thereafter mobile transactions using bitcoin will gain more ground locally and internationally.

zend7

hero member

Activity: 658

Merit: 501

Hackers please hack me .... if you can :)

Smartphones are a big help to bitcoin growth and visibility but are NOT vital to it. Bitcoin is doing well from mining, and other major uses that has been discussed thousand times here like watching porn with bitcoin without revealing details and gambling with it in an anonymous way. These are the 2 major industries that are vital for bitcoin growth in my opinion but I also agree that smartphones will help a lot a few years from now when hopefully they will be more secure (Android OS full of malware and viruses if you don't know what you are doing).

gribble

hero member

Activity: 966

Merit: 552

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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 as you said, are becoming more like a one of the common goods, most of people have bought it because they are not so expensive nowadays.

But people may use also just regular wallets like blockchain.info or other web wallets, you can login on them through browser at mobile.

I have to say that QR codes for bitcoin are very useful, it would be very frustrating to type the address directly one by one, when you can just scan the QR code and have no problem with that.

Paying in the malls or stores with bitcoin makes sense only when you can access it through your mobile phone.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: shamzblueworld on April 12, 2017, 01:37:54 AM

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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.

Agreed, that is definitely the future. But the point of slow transaction is also valid, bitcoin has to come up with something better to cope with it so it can be more popularized in the general people and business world.
I this this could be the only or the biggest hurdle standing in bitcoin's way for now.

for sure that can be resolved in no longer time, and OP's statement really matters regarding to bitcoin evolution if more and more people who do treat bitcoin for their transaction with the help of mobile devices it will be much easier and business owners will start recognizing the system and integrate their business for much faster and easy ways to deal with clients/customers.

shamzblueworld

hero member

Activity: 714

Merit: 500

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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.

Agreed, that is definitely the future. But the point of slow transaction is also valid, bitcoin has to come up with something better to cope with it so it can be more popularized in the general people and business world.
I this this could be the only or the biggest hurdle standing in bitcoin's way for now.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: HCP on April 12, 2017, 12:53:15 AM

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....

if you are paying $1 for bitcoin transaction fee that means you have been accumulating a lot of dust in your wallet. go learn what transaction size in byte is and how it becomes big then come back.

right now fee for a normal transaction the highest fee is 40 US cents

Quote

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?

there is a very simple risk assessment that a simple code can do, you can even use an online tool such as blockcypher to do it for you.
a merchant doesn't have to worry about transaction with normal amount of fee, with no unconfirmed parent and no other shenanigans.

and they are accepting bitcoin payment before confirmation.

HCP

legendary

Activity: 2086

Merit: 4318

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.

ddosamerica7

newbie

Activity: 15

Merit: 0

Quote from: HarringtonStark on April 11, 2017, 11:18:05 PM

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.

Bien dit. Well said. Apple Pay is the mainstream trying to adopt the crypto fever in a controlled fashion. The best possible result would be for as many people to accept cryptocurrency as possible to initiate it into the real world.

HarringtonStark

sr. member

Activity: 294

Merit: 250

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.

Topic: Smartphones are vital to bitcoin growth - page 8. (Read 5954 times)