I've tried paying bitcoin many times. It's something that fulfill your curiousity and doesn't regret that I used it for a good cause. Though fees are quite high you are slightly regretting for the transfer of it.
And anyhow, since it is valuable at this moment, it is best just to hold it and consider it as store of value rather than spending it.
Topic: What do you want to but with BTC? Or for what to accept it as payment? (Read 325 times)
January 20, 2021, 11:57:20 PM
January 20, 2021, 06:56:55 PM
I get mad when people say we take bitcoin, only to find you have to use some preferred service, have a wallet with them, in order to make a payment, I don't know of too many places that will just say send some coins to X btc address. They all want you to sign up with their partner vendor, buy coins from there (most of those vendors won't let you send your coins to them either, you can only populate your wallet with them if you buy coins from their platform), then spend the coins from an account with coins but not a real btc transaction!
Yeah, no thanks. I'd use BTC as a means of payment for more expensive items if people would take it by just saying send coins here, like the scam emails saying I've watched some bad porn always say.
Yeah, no thanks. I'd use BTC as a means of payment for more expensive items if people would take it by just saying send coins here, like the scam emails saying I've watched some bad porn always say.
January 20, 2021, 06:43:28 PM
I choose bitcoin as mean of investment place, yeah no more than that.
My country still ban bitcoin to be made as mean of payment so I never try it in my whole life since I know bitcoin.
Also, the transaction fee is high already. I would never be happy to pay more than $ 15 for a single transaction, that's a really bad thing.
My country still ban bitcoin to be made as mean of payment so I never try it in my whole life since I know bitcoin.
Also, the transaction fee is high already. I would never be happy to pay more than $ 15 for a single transaction, that's a really bad thing.
January 20, 2021, 04:10:04 PM
the decision to use bitcoin as a means of payment or investment tool or trading commodity depends on the situation and conditions, as well as the views of each person on the principles of bitcoin. So far, I only use bitcoin as a trading commodity, around where I live there are no shops that accept cryptocurrency as payment. so using traditional money is still quite effective so far.
The adoption of bitcoin as a means of payment is strong evidence that bitcoin is starting to be accepted by the public and the state. We cannot deny that bitcoin can be an effective cross-border payment alternative without time and space limitations, without complicated administrative requirements. but it takes sufficient knowledge because it is quite complicated for ordinary people, but take it easy, it will be very easy if we want to learn.
The adoption of bitcoin as a means of payment is strong evidence that bitcoin is starting to be accepted by the public and the state. We cannot deny that bitcoin can be an effective cross-border payment alternative without time and space limitations, without complicated administrative requirements. but it takes sufficient knowledge because it is quite complicated for ordinary people, but take it easy, it will be very easy if we want to learn.
January 19, 2021, 08:00:02 AM
With the rapid increase of the price of bitcoin, a lot of people have become interested in it and some of the business owners are now looking forward to it to be the means of payment which is also a good thing for many people who are using bitcoin or any cryptocurrency. We have seen a great improvement in the world of crypto so this kind of thing would be really useful for both business owners and to the customers.
It seems that the bitcoin payment business is not suitable. because now at the current price the transaction fee is of course large (Small nominal transactions) but for companies that are going to make large transactions this is very profitable. I am not sure if it is used as a payment at the store, many choose other altcoin alternatives because of the large fee. 
January 19, 2021, 07:34:33 AM
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
It's an interesting question to ask, the answer which I think differs depending on whom you ask. What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
It's purchase power can increase many folds but this is in relation to time. If you were to momentarily consider using BTC to purchase assets, unless it was as a means to cash out your BTC it wold be fine. Otherwise, you'd always wonder if buying something now will be worth its price in the future.
It's a gamble...that only you can consider wroth taking or not.
January 19, 2021, 07:28:20 AM
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
It depends on how you want to use your bitcoin. If you want to use it in a daily basis transaction or payment method then go, if you want to use it as an investment then hold it for your future sake, your the one who will decide on what you want to do on your bitcoins. The thing is that there are some retailers who are accepting bitcoin as a payment method and the good thing here is that it helps the community to widened the length of adaptation of every people. You can use both bitcoin as a payment method and investments, you can choose on those two. What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
January 19, 2021, 06:38:03 AM
With the rapid increase of the price of bitcoin, a lot of people have become interested in it and some of the business owners are now looking forward to it to be the means of payment which is also a good thing for many people who are using bitcoin or any cryptocurrency. We have seen a great improvement in the world of crypto so this kind of thing would be really useful for both business owners and to the customers.
January 19, 2021, 06:31:49 AM
To be clear, Bitcoin is currently being used more as a store of value than as a payment method. Plus, considering the investments made by investors and the limited supply of bitcoins, it is more advisable to keep Bitcoin rather than spend it, unless you are facing financial difficulties for the time being.
January 19, 2021, 05:17:53 AM
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
Many shops, services accept Bitcoin as a payment method.
So it won’t be a surprise if other people too accept payment in BTCs.
I myself has sold some Btc and bought some cool gadgets from Amazon.
Now my only dream is left to buy a Car through Bitcoins.
And i am sure in future there will be car dealers accepting payment in BTC too.
Let’s hope for best.
January 19, 2021, 04:19:55 AM
Here is an article on big retailers accepting BTC as payment: https://nowpayments.io/blog/what-retailers-accept-bitcoin
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
I think he accepts Bitcoin as payment just for pile up it. After accumulating a lot and the price has been high, then he will sell it. Because bitcoin has a volatile price, accepting bitcoin as payment will double its future profit. What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
January 19, 2021, 03:45:17 AM
Good article! Thanks for sharing! Everyone is free to spend their Bitcoin as they want best.
If you want to spend them it is ok as if you want to hold as well as how to have it as a store of value.
I particularly holding my bitcoin because I am looking forward to the new times. The forecast we see is like there will be big changes in technology, finance and the economy.
If we have been spending bitcoin all this time now we should think a little better and holding.
If you want to spend them it is ok as if you want to hold as well as how to have it as a store of value.
I particularly holding my bitcoin because I am looking forward to the new times. The forecast we see is like there will be big changes in technology, finance and the economy.
If we have been spending bitcoin all this time now we should think a little better and holding.
January 19, 2021, 03:03:31 AM
For me you can do both, it depends on what kind of transaction you are doing if from international payments then btc is the most applicable since it has no borders at all you can send it worldwide regardless of amount and the number of merchants accepting btc is also increasing and its popularity is overwhelming btc in the future maybe become the no.1 currency and safe haven of all assets then holding this coin is a wise decision.
January 19, 2021, 02:25:59 AM
No need for further debate, it's both. If the owner of the bitcoin wants to hold it for investment purposes and he sees it as an asset, why stop him doing so? and if someone uses it for transactions like what we usually do, then it has to be done for that purpose.
The thing about most of these commenters is that they probably aren't even doing either. Just confused people coming into Bitcoin and maybe keeping it at exchanges hoping to sell for a big profit (and to rebuy later).
Those already sold on Bitcoin for whatever purposes it serves for them are happily using it. As you said, there's no debate, and no point to the debate. Mystifies me why people get upset over those who only use it (or not) for X purpose.
Unfortunately, there are still too few people using btc as payment, the main problem now is this.
I wouldn't say that as few. We're in the adoption period and it's increasing, with the help of media, institutions, and other personalities that are giving exposure to bitcoin. It gives an idea to those people what bitcoin is and be it as a payment or an investment. 
January 18, 2021, 02:56:55 PM
I think in both side you can use bitcoin. It is depend on you what you want. ,Any owner want to hold to make profit or some people use it for transaction as it is easy to use as payment or transaction. Totally up to you what you want.
January 18, 2021, 02:33:10 PM
What do you think about BTC payments? Is it a coin just to hodl or something that can and should be used for transactions?
Regardless of how important and necessary you are in holding bitcoin, because even though it is a long-term asset, it is still an urgent need to take precedence. it's just that there is no other way than to transact using bitcoin? only its ownership will be of use over time.
January 18, 2021, 09:54:02 AM
IMO bitcoin can be both payment method as it is really the aim of it's creation. It can also be an asset for investment, this is dominant now.
I don't understand why either. Now you can use stablecoins. And in the future, something similar should be done for bitcoin.
We use bitcoin because it is much secured compared to other cryptocurrencies out there, and I think that is the reason why transaction using this platform is costy than other crypto. 
January 18, 2021, 09:53:51 AM
Is it a coin just to hodl or something that can and should be used for transactions?
That's the advantage of Bitcoin, you have to admit it, Bitcoin is not only used for investment, trading and so on, Bitcoin is a digital currency that is currently being used and sought after by the world community, be it transactions with real goods such as in malls, restaurants, etc.Bitcoin is an asset that can be traded in two markets "crypto market and exchange in real market" as I said above.
The bottom line: you have to admit that for now Bitcoin is one of the most popular digital currencies in the world, its prowess exceeds the currency of every country.
You have ever come across currencies of other countries that cannot be used in certain countries, however, not with Bitcoin all countries accept it, are you sure about that.
January 18, 2021, 09:20:38 AM
Yes i think it can be used as a payment methode it will be very intersting because when the price of bitcoin is low you can freeze them into a stablecoin and sell at a higher price will which help btc going up.
January 18, 2021, 08:52:46 AM
Unfortunately, there are still too few people using btc as payment, the main problem now is this.
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