When will it happen? | Bitcointalksearch.org

Vaskiy

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Quote from: moviebuff777 on June 06, 2017, 08:04:06 PM

Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

I think bitcoin is turning into just a store of value and an investment. The fees are too high to make small transactions and businesses are not accepting it more.

As more and more merchants are coming into the community accepting bitcoin we can soon expect a solution for the same. Though small transaction were the one that takes place high when it comes to purchase online as well as offline the transaction fee serves as an issue. Truly very few are interested to make purchases with bitcoin rather than giving it the investment status.

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

I think bitcoin is turning into just a store of value and an investment. The fees are too high to make small transactions and businesses are not accepting it more.

jc89

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

This only means that bitcoin is not yet that popular to be in that scenario. Though at this point, some merchants accepts bitcoin as a mode of payment particularly in Japan. They are utilizing bitcoin at its finest, even their airline accepts bitcoin as payment. It seems like you do not feel the usage of bitcoin because it is not that popular in your country. But if you are pertaining to the worldwide usage of bitcoin as a mode of payment, then we just have to wait. Bitcoin is still young in age. Patience is all we need as of now.

audaciousbeing

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

For me I would either say the time for that is either still far or say it has passed. Passed in the sense that how much will I pay for coffee when the transactions fees to pay will even be more than the cup of coffee itself and the duration of time, I will definitely needs to deposit my I. D and then collects it when the transaction eventually confirms. On the other hand still far because for that to happen it will mean its been accepted as a legal tender which is still far from being achieved from the present moment we are currently.

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

Since transaction fee is very high,it would not be economical to buy low priced goods with bitcoins.Bitcoin could be rather used as an investment which could yield huge profits.Buying a coffee with bitcoin seems to be highly impossible here after.

crwth

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You will never guess, but I think we are closer than ever. Knowing that the BIP148 is coming and there would be a fork creating Bitcoin Legacy and the new bitcoin. I'm not sure what's better, but they will have 2MB. It would have a large impact towards bitcoin and let's see what can happen in the future.

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Quote from: richardsNY on June 05, 2017, 06:00:11 PM

Quote from: CARrency on June 04, 2017, 08:57:19 PM

We are talking about bitcoin, so it makes sense that you have a bitcoin and I think many people also wonder when this will happen, another benefit is that the user can not just spend bitcoin, it is also a good investment asset, you are not just spending some bitcoins but while you are doing that, the price also increase making it a big benefit to other bitcoin users.

You are shifting from subject -- we're talking about Bitcoin being used as currency solution, and what added value it offers over paying with fiat, and not that it also functions as investment option. You again failed to point out why people should be interested in spending something that's completely inconvenient compared to fiat payment solutions....

I think op he is waiting to use bitcoin locally and with the hi-tech like coffee maker that can give a qr code and just scan and pay for bitcoin before you can get the coffee..
Its still not instant to transact bitcoin to other wallet.. we have still slow transaction even you are paying a large amount of fee is not instant but its a couple of minutes..
So i think using bitcoin locally and use for hi-tech machine will be still not exist. maybe in the future if they got the good solution for slow transaction we can see more hi-tech machine that we can buy like coffee with just our phone bitcoin wallet..

richardsNY

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Quote from: CARrency on June 04, 2017, 08:57:19 PM

We are talking about bitcoin, so it makes sense that you have a bitcoin and I think many people also wonder when this will happen, another benefit is that the user can not just spend bitcoin, it is also a good investment asset, you are not just spending some bitcoins but while you are doing that, the price also increase making it a big benefit to other bitcoin users.

You are shifting from subject -- we're talking about Bitcoin being used as currency solution, and what added value it offers over paying with fiat, and not that it also functions as investment option. You again failed to point out why people should be interested in spending something that's completely inconvenient compared to fiat payment solutions....

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

Not far at all, check out this map: https://www.arnhembitcoinstad.nl/ - Its a Dutch city broadly accepting bitcoin, organized by a bunch of enthusiastic people.

ImHash

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Quote from: Sex Video Chat VKcams.com on June 04, 2017, 10:07:46 AM

Quote from: CARrency on June 04, 2017, 07:50:41 AM

how far are we from these way of using bitcoin?

This is a BS to ear of "investors" for explain the cause of "imminent rise of demand on exchange market".
Due to high volatility and confirmation time no one in sane mind use BTC in retail business.

What happens if they c*m on you before transaction is confirmed or would you let them to have another try if someone double spent just to mess with you? how do you deal with horny clients of yours while their transactions is being confirmed?
I think they would get a cold feet (di*k) by then, that's why you are so against everything bitcoin does Cheesy

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Quote from: Salazarian on June 05, 2017, 06:58:33 AM

Quote from: CARrency on June 04, 2017, 03:20:35 PM

Quote from: richardsNY on June 04, 2017, 02:19:48 PM

Why is it that people feel the need to buy coffee or whatever with their coins, while fiat works perfectly fine in that regard.... I know that it's fun and interesting to do it once with Bitcoin, but the main point of importance is that it offers me zero benefits over how I pay with fiat. In order to make it worthwhile to at least give it a try, Bitcoin must perform equally as well as fiat in order to draw attention. Right now this is by far not the case.

I know, that is not the case, but the point is, it is a digital currency, it is not that far from using that currency in paying such cheap items. About benefits, it is efficiency, paying efficiently without pulling up your wallet, and then gave you your change, you justneed to scan a code and you're done, that is what I am saying.

although in current time bitcoin is not using as currnecy for small items but in future when bitcoin will become more popular and when the facilities of using bitcoin will also be available in local shops then children will even use bitcoin for buying chocolates and other small items, therefore to me i think these problems must be solve on preyority bases, other wise it will become such a big issue in future.

Bitcoin now is no longer viable for micro payment transactions because of the ridiculous huge transaction fees. I used to believed it before, but now it's not possible. But I still have faith in the future that it can be resolved. We still don't know what will happen after Aug. 1. I hope that it can resolve this issue's so that we can really enjoy using bitcoin in making micro transaction only.

Clavulanic

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Quote from: CARrency on June 05, 2017, 06:52:58 AM

Quote from: Gotottack on June 04, 2017, 10:06:03 PM

Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

It will come. The problem right now is that people are just holding their bitcoins just for the purpose of investments and not really making it go around and circulate. There is nothing wrong if only a few people are holding it, the problem is that its economics are flawed because everyone is just holding.

If it freely circulate like how fiats are doing, then it could reach what you want, but right now due to volatility it can't happen. This is really also brought about by a lot of people holding it.

But we can't stop these bitcoin users to hold bitcoin, we all know bitcoin gives us freedom to do whatever we want with these digital bitcoin and no ome will restrict us from doing it, but as we say, we must take responsibility from what we have done. I think we are really far from these idea, It's just sad because that is how I loved bitcoin.

These bitcoins users around the world's community is unstoppable in terms of earning and their eagerness to learn about bitcoin economy. I think it will happen in the near future of currency and adoption of bitcoin can be a better opportunity to all of us who wants comfort on spending and transactions of money online. It will happen soon that paper money will reduced it's production for spending and only those digital currency educated people will not use paper money at all, but bitcoins instead of paper cash type of money for payments.

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With this fees bitcoin will not be so popular, some fees that I see on blockchain are ridiculous. Why would anyone go to buy coffee and pay double for it with bitcoins? Miners should be more reasonable this problem, some of them are slowing down the progress, and this problem affects many people.
When will this happen? Nobody can answer on this question, and I`m sure that this topic will create many speculations about it and every prediction have 1% chances to happen.

Salazarian

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Quote from: CARrency on June 04, 2017, 03:20:35 PM

Quote from: richardsNY on June 04, 2017, 02:19:48 PM

Why is it that people feel the need to buy coffee or whatever with their coins, while fiat works perfectly fine in that regard.... I know that it's fun and interesting to do it once with Bitcoin, but the main point of importance is that it offers me zero benefits over how I pay with fiat. In order to make it worthwhile to at least give it a try, Bitcoin must perform equally as well as fiat in order to draw attention. Right now this is by far not the case.

I know, that is not the case, but the point is, it is a digital currency, it is not that far from using that currency in paying such cheap items. About benefits, it is efficiency, paying efficiently without pulling up your wallet, and then gave you your change, you justneed to scan a code and you're done, that is what I am saying.

although in current time bitcoin is not using as currnecy for small items but in future when bitcoin will become more popular and when the facilities of using bitcoin will also be available in local shops then children will even use bitcoin for buying chocolates and other small items, therefore to me i think these problems must be solve on preyority bases, other wise it will become such a big issue in future.

CARrency

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Quote from: Gotottack on June 04, 2017, 10:06:03 PM

Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

It will come. The problem right now is that people are just holding their bitcoins just for the purpose of investments and not really making it go around and circulate. There is nothing wrong if only a few people are holding it, the problem is that its economics are flawed because everyone is just holding.

If it freely circulate like how fiats are doing, then it could reach what you want, but right now due to volatility it can't happen. This is really also brought about by a lot of people holding it.

But we can't stop these bitcoin users to hold bitcoin, we all know bitcoin gives us freedom to do whatever we want with these digital bitcoin and no ome will restrict us from doing it, but as we say, we must take responsibility from what we have done. I think we are really far from these idea, It's just sad because that is how I loved bitcoin.

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YuginKadoya

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Quote from: CARrency on June 04, 2017, 12:50:45 PM

Quote from: YuginKadoya on June 04, 2017, 08:34:06 AM

Quote from: arwin100 on June 04, 2017, 07:57:43 AM

Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

Actually we doesn't know on when do bitcoins gain more popularity and on when it will be implemented on more shops but as of this days I can't see any offline shops accepting it and I'm totally wondering on how could bitcoin doesn't reach for this establishment while as we see price are heavily pumping so hard and it can actually be the + points unto it so this coin will gain more additions, But who knows by maybe this time is not the right time for its addition but im so sure that we can see great news about it in near future.

If you are reading the news on Coindesk and other news providing sites that is all about bitcoin, many merchants are now on the go in some countries, I think you are not seeing something like these maybe because bitcoin is not really accepted in your country such as U.S., Denmark, Sweden, South Korea, Japan, The Netherlands Finland, Canada, U.K. and on July 1 Australia is gonna officially accept bitcoin these are the list of I know of countries that are bitcoin friendly and Direct Transaction are possible.

I've read these too, the problem is, the rumours about these upcoming August and UASF, are they really planning to split the network? Why don't they just make another altcoin, no need to make bitcoin with these. Eventhough August is months away, these news is causing panic making users sell their bitcoins making another dump.

Well if there are no winners in both that parties and I think that there are no surrender on both of they that is why we are getting a split the BIP 148 and Bitcoin Legacy that are going to be on Aug. 1 and there are a risk in doing this and we can really never know what might happen to our bitcoin when August 1 will happen but I wish they would think twice in doing this.

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Till date there are lots and lots of people around the globe who have never used to a card system issued by the banks functioning all around. So at this moment thinking of the entire human to start using the bitcoin as an payment system with a help of scanning the QR code is simply not gonna a happen. We need to wait longer to see this into reality.

Gotottack

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Quote from: CARrency on June 04, 2017, 07:50:41 AM

The time I've decided to earn bitcoin is when I have heard that bitcoin might be the future currency of these world. Bitcoin will be a payment to shops where you can pay without pulling out your wallet and just scan their QR code. Pay a coffee just by scanning a QR code, but we are not realizing these way of paying little by little is slipping away from us. With the price and the problem of transacting using bitcoin, how far are we from these way of using bitcoin?

It will come. The problem right now is that people are just holding their bitcoins just for the purpose of investments and not really making it go around and circulate. There is nothing wrong if only a few people are holding it, the problem is that its economics are flawed because everyone is just holding.

If it freely circulate like how fiats are doing, then it could reach what you want, but right now due to volatility it can't happen. This is really also brought about by a lot of people holding it.

CARrency

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Quote from: richardsNY on June 04, 2017, 07:02:07 PM

Quote from: CARrency on June 04, 2017, 03:20:35 PM

About benefits, it is efficiency, paying efficiently without pulling up your wallet, and then gave you your change, you justneed to scan a code and you're done, that is what I am saying.

I was not referring to cash money transactions. I always pay wirelessly with my bank card or smartphone. In this case, it's pure convenience as transactions settle instantly, are free, plus I enjoy buyer protection. Also, in order to start spending Bitcoin, you need to obtain it first -- so again, what added benefit does Bitcoin exactly offer here?

We are talking about bitcoin, so it makes sense that you have a bitcoin and I think many people also wonder when this will happen, another benefit is that the user can not just spend bitcoin, it is also a good investment asset, you are not just spending some bitcoins but while you are doing that, the price also increase making it a big benefit to other bitcoin users.

Topic: When will it happen? (Read 1784 times)