Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: dreamer81 on October 06, 2016, 07:22:29 PM



Title: Apple Pay vs Bitcoins
Post by: dreamer81 on October 06, 2016, 07:22:29 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?


Title: Re: Apple Pay vs Bitcoins
Post by: TheUltraElite on October 06, 2016, 08:11:32 PM
Oh well, none of these two methods have yet been implemented in my country shops/stores  ;D ;D

Never heard of Apple Pay (moreover I dont like Apple products - too costly) but I have heard of bitcoin and hence I am willing to use that method.
However payment gateways available in my country can transact within 2 minutes with all said procedures as long as the internet is fast enough.

Bitcoin can also transact faster with high mining fees. However this is not worth it since you are wasting money.
So technically bitcoin does not stand any chance. However people still use it and the reason is that people trust it more than others - though in my country its not very popular.


Title: Re: Apple Pay vs Bitcoins
Post by: n691309 on October 06, 2016, 09:48:22 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.


Title: Re: Apple Pay vs Bitcoins
Post by: Doamader on October 06, 2016, 10:06:52 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.
The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.


Title: Re: Apple Pay vs Bitcoins
Post by: n691309 on October 06, 2016, 10:11:48 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.
The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.

Basically using these bitcoin debit cards in POS usually doesn't have any limit and any fee, but what we can't expect is the exchange rate btc to usd which here the company can get most of their profit.


Title: Re: Apple Pay vs Bitcoins
Post by: philiveyjr on October 06, 2016, 11:01:31 PM
While I haven't used Apple Pay, but whats the fees they have for transactions ? I would imagine it to be around what paypal has on theirs  ?


Title: Re: Apple Pay vs Bitcoins
Post by: shinratensei_ on October 07, 2016, 02:08:13 AM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
Okay, but just waiting for the lightning network is be able for we are made the zero transaction. but may your true? but using bitcoin debit card is already easy and I think it's really fast. but discussing bitcoin isn't only the speed about the transaction.


Title: Re: Apple Pay vs Bitcoins
Post by: xIIImaL on October 07, 2016, 03:48:33 AM
While I haven't used Apple Pay, but whats the fees they have for transactions ? I would imagine it to be around what paypal has on theirs  ?

However Apple pay or PayPal. Fees and taxes would be there on every purchase via that. Using bitcoin wallet and buying the physical products would be best option if Incase it comes in future. It would be very fast and easy to make the payment.


Title: Re: Apple Pay vs Bitcoins
Post by: mobnepal on October 07, 2016, 04:01:56 AM
Haven't heard about apple pay before or there is no store over here which accept payment via apple pay here atleast i can use my bitcoin debit card to cashout or pay for my goods in my nearby store. So in this case bitcoin wins over apple pay, if you don't like to wait while paying with bitcoin pay with bitcoin debit card in POS without waiting for any coinfirmation.


Title: Re: Apple Pay vs Bitcoins
Post by: Snorek on October 07, 2016, 04:27:08 AM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.
It is not worth it, it is temporary solution and frankly bitcoin was not invented to be supplementary pseudo-currency usable only with current banking tech.

We should be aiming for direct adoption, and it will be possible in the future with SegWit, Lightning Network and possible other protocol upgrades transactions will be confirmed faster.


Title: Re: Apple Pay vs Bitcoins
Post by: MyBTT on October 07, 2016, 04:59:17 AM
Easy.

1. Using the lightning network, transactions will confirm instantly.
2. Generating the transaction on the phone and sending the hash to the terminal which is confirmed

This will take less than 3 seconds.

Then the terminal broadcasts the TX.


Title: Re: Apple Pay vs Bitcoins
Post by: dreamer81 on October 07, 2016, 06:28:26 AM

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.

A bitcoin debit card? Is there even such a ting? It goes totally against the decentralization principle of bitcoin. The idea should be investigated though, but i dont see it happening.

Imagine a terminal that communicates with NFC, that could talk to a bitcoin app on your phone?


Title: Re: Apple Pay vs Bitcoins
Post by: dreamer81 on October 07, 2016, 06:48:38 AM
Easy.

1. Using the lightning network, transactions will confirm instantly.
2. Generating the transaction on the phone and sending the hash to the terminal which is confirmed

This will take less than 3 seconds.

Then the terminal broadcasts the TX.

Sorry, as my rank says, i'm a newbie. What is the lightning network???


Title: Re: Apple Pay vs Bitcoins
Post by: tiggytomb on October 07, 2016, 06:56:51 AM
Apple pay and Android pay is available in my country at least, it is true that bitcoin payments take a bit of time but there are a couple of apps / coins that go around this.

Plutus is one I think and there are a couple of others, they allow you to use contactless paypoints and they will exchange the bitcoin to fiat behind the scenes so as far as the merchant is concerned you are paying using the local currency.

I have not tried any of these, I just came across them in the forum.


Title: Re: Apple Pay vs Bitcoins
Post by: Yutikas_11920 on October 07, 2016, 07:36:24 AM
I do not know about it, but I have confidence that the technology will in the future bitcoin far more profitable than the technology that has emerged now as Apple Watch. because it is the advantage that we can get in the bitcoin is much larger than the real currency or other digital


Title: Re: Apple Pay vs Bitcoins
Post by: okbaby123 on October 07, 2016, 07:54:23 AM
Apple Pay with more users currently

While Bitcoin with little users compared to Apple Pay


Title: Re: Apple Pay vs Bitcoins
Post by: Barbut on October 07, 2016, 08:41:02 AM
Apple is good company, but their phones and applications are good for some countries, for many other countries you can`t use them or don`t
have where to use them. Simple apple is concentrated on some parts of this world, and to be honest apple is to expensive for my pocket.
Time of confirming transaction is a little problem for everyone, but that will be fixed one day I think. On global plan I think bitcoin have much
higher chances for success then apple, that is my opinion. For example apple was always for people who can afford really expensive gadgets, in
this world there is more poor then rich people.


Title: Re: Apple Pay vs Bitcoins
Post by: LFC_Bitcoin on October 07, 2016, 10:34:22 AM
Apple Pay is still just fiat money though isn't it so all the problems of the fiat system are still prevelent there.

Bitcoin & its infrastructure will massively improve as time goes on, confirmations will become quicker.


Title: Re: Apple Pay vs Bitcoins
Post by: rinhunter on October 07, 2016, 10:49:35 AM
I've never heard Apple Pay in my country, but using Bitpay payment gateway we don't need to wait confirmation.
you can see this video, that guy add steam wallet with Bitcoin and the transaction is very fast.

https://www.youtube.com/watch?v=Nvz4o10fGFI


Title: Re: Apple Pay vs Bitcoins
Post by: btvGainer on October 07, 2016, 10:51:58 AM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
No one says bitcoin is the only solution or better method of payment.Bitcoin has its own advantages and also flaws.Similarly other payment methods also have pros and cons.I am not for bitcoin monopoly.There must always be more than one method of payment available


Title: Re: Apple Pay vs Bitcoins
Post by: arcanaaerobics on October 07, 2016, 10:55:01 AM
Have a lot of altcoins with a better "time" than the bitcoin, however apple or any other giant will never accept bitcoin, and that's where bitcoin will never have a chance.
Well, you can create a Store that accept bitcoin and try to earn some money ;)


Title: Re: Apple Pay vs Bitcoins
Post by: raven7886 on October 07, 2016, 10:58:59 AM
Never heard about apple pay and buying digital goods through that. which site support apple pay?
BTW the transaction time make sucks some time..

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.
The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.

Basically using these bitcoin debit cards in POS usually doesn't have any limit and any fee, but what we can't expect is the exchange rate btc to usd which here the company can get most of their profit.
correct because bitcoin debit cards acutally don't have bitcoins. they have USD.. when you fill a card with bitcoin the company take these bitcoins and fill your cards with usd  and of course that reduce it's fees. that's why it will become little costly. but it makes us able to shop online with bitcoins and it is not bad.


Title: Re: Apple Pay vs Bitcoins
Post by: Wendigo on October 07, 2016, 11:06:28 AM
Does Apple Pay even work in Europe? Not that I am running an iPhone but I have the impression that like 80% of the people here are using Androids and mostly Samsungs. I know that Samsung are developing their own payment app so Apple Pay is not the only player on the market. Anyways if you are paying on a POS terminal you could just use your Bitcoin debit card as well without a problem.


Title: Re: Apple Pay vs Bitcoins
Post by: xuan87 on October 07, 2016, 11:18:59 AM
well it is true that bitcoin weakness is the transaction speed, however most of the user includes me not only see that things, the one that we like about bitcoin is anonymity, does your apple pay able to do that? and then bitcoin can become investment, so yes transaction speed is a problem for bitcoin user, but there are development to make bitcoin payment faster


Title: Re: Apple Pay vs Bitcoins
Post by: Decoded on October 07, 2016, 11:49:34 AM
Easy.

1. Using the lightning network, transactions will confirm instantly.
2. Generating the transaction on the phone and sending the hash to the terminal which is confirmed

This will take less than 3 seconds.

Then the terminal broadcasts the TX.

Sorry, as my rank says, i'm a newbie. What is the lightning network???

The lightning network is a new upcoming update to the network that will allow transactions to certain people that you specifically set to instantly be confirmed. So the transaction will not only be instant, but the first confirmation will be too. I'm not too familiar with the system, though.


Title: Re: Apple Pay vs Bitcoins
Post by: davis196 on October 07, 2016, 12:10:05 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

I don`t have an iPhone and i will never have.

In my opinion,if you use Apple pay you are an "Apple slave"  ;D just kidding.

If you use bitcoin you are more independent, but with less convenience.


Title: Re: Apple Pay vs Bitcoins
Post by: raven7886 on October 07, 2016, 12:15:04 PM
I've never Heard about apple pay.. is this a payment source similar to paypal and powered by apple? and which site support it to buy digital goods?
need to google this now.

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.
The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.

Basically using these bitcoin debit cards in POS usually doesn't have any limit and any fee, but what we can't expect is the exchange rate btc to usd which here the company can get most of their profit.
This is right. because any bitcoin debit card actually have USD not bitcoin. whenever someone go in the card provider's site and fill up the card with bitcoin the site take the bitcoins and fill the card with USD.. they of course reduce their fee. that's why using a card is little costly.


Title: Re: Apple Pay vs Bitcoins
Post by: Noctis Connor on October 07, 2016, 01:06:37 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
I'll tell you what none of these method implemented right now if this happen on the future that you are going just to need to log in your bitcoin wallet and scan someones bitcoin bar code to send payments from onlin store and offline stores for goods and services this is good to be true if this happen you dont need to convert your bitcoin into fiat.


Title: Re: Apple Pay vs Bitcoins
Post by: eternalgloom on October 07, 2016, 01:45:48 PM
Does Apple Pay even work in Europe? Not that I am running an iPhone but I have the impression that like 80% of the people here are using Androids and mostly Samsungs. I know that Samsung are developing their own payment app so Apple Pay is not the only player on the market. Anyways if you are paying on a POS terminal you could just use your Bitcoin debit card as well without a problem.
Yes, it does work in some European countries, but at least in my country (Belgium), the majority of people have an Android indeed.


Title: Re: Apple Pay vs Bitcoins
Post by: talkbitcoin on October 07, 2016, 02:33:57 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

1) the apple method thingy is not available in all countries but you can pay with bitcoin anywhere in the world with no restriction whatsoever.

2) apple watch is ~$350+ but you can buy a smart phone (for bitcoin payment) with half that price maybe even a lot less

3) payment with bitcoin will also take 3 seconds or less. and you don't have to wait for confirmation.

4) the only thing that seems to be good about apple pay is the no fee policy (which i am only quoting from my search not personal experience!)


Title: Re: Apple Pay vs Bitcoins
Post by: QuestionAuthority on October 07, 2016, 02:52:41 PM
You're comparing apples to oranges. They aren't the same things. Apple Pay is just an electronic debit card.

That's as ridiculous as when people say Bitcoin can take over banks. They aren't the same things. You may as well say polish kielbasa can take over automobiles.

ROFL


Title: Re: Apple Pay vs Bitcoins
Post by: Dora Doll on October 07, 2016, 03:15:49 PM
apple pay i have no idea about that that what is that and how does iti work, i never use and having no account in it, i only use bitcoin and do not lik any other currency,


Title: Re: Apple Pay vs Bitcoins
Post by: calkob on October 07, 2016, 03:27:20 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

the differance is in the fundementals, we are talking about apples and pears here.  Apple is using a centralised system controlled by central banks and private banks creating money out of nothing and the other is a decentralised system which has fixed issuance and is controlled by those who use it. 

another point is yes at the minute your central bank money works fine, but what if your central bank money is now worthless and a loaf of bread costs the price of a weeks wages?  your bitcoin at that point is prob gona be worth a fortune compaired to the central bank money your apple watch uses......... at that point waiting 10mins (which it isnt anyway but i will play along)  wont feel so bad...... ;D


Title: Re: Apple Pay vs Bitcoins
Post by: dreamer81 on October 07, 2016, 03:28:01 PM
I don`t have an iPhone and i will never have.

In my opinion,if you use Apple pay you are an "Apple slave"  ;D just kidding.

If you use bitcoin you are more independent, but with less convenience.

Hehe I dont use apple pay either. I have a samsung S7 phone ;)
My point is just that these cellphone as well as payment as well as banking solutions, wants to conquer this market.

I can't see where bitcoins fit in the ecosystem, and that worries me a bit.


Title: Re: Apple Pay vs Bitcoins
Post by: ranochigo on October 07, 2016, 03:39:08 PM
Apple pay is still technically using credit cards since they still debit the amount that is used to your Visa/Mastercard. In this aspect, Apple pay is still considered as a credit card. They would still be able to chargeback after many days and would likely cause the merchants quite some money. The basic fees for merchants accepting Apple Pay still applies. Bitcoin does not actually require any confirmations other than a few seconds of waiting time if the fee is reasonable, there is no competing transactions and opt-in RBF is not selected. The risk would become negligible.


Title: Re: Apple Pay vs Bitcoins
Post by: Milkduds on October 07, 2016, 05:32:47 PM
Bitcoin will last for the same reason the new google phone will not be in my pocket.
People still want a little bit of privacy and Apple/Google want to destroy more and more aspects of this till they fully own us.
People that do not put much thought into these things often will just adopt the quickest process with out any thought or concern.

Example of how Apple wants to control and profit. They have eliminated the headphone jack in the latest cell phone and offer wireless headphones to go along with the cell. They know people will be forced to buy their product and not a cheaper version,as nothing currently will work along it. They do this with many aspects,like altering their chargers to force you away from 3rd party chargers. Not perfect but they continually grind the consumer down.
Read that the headphones also can take your temp and heart rate and track your head movements. These are all to make better product or argue that they can fill in more aspects about you.


Title: Re: Apple Pay vs Bitcoins
Post by: requester on October 07, 2016, 05:38:24 PM
bitcoin is useful for online transaction because it takes few seconds before it is successfully verified by miners. but other wallets like Apple pay will do the task much faster. but think of some website that accept bank account and bitcoin so obviously bitcoin wiil do the task faster.


Title: Re: Apple Pay vs Bitcoins
Post by: ashiqdey on October 07, 2016, 05:43:14 PM
for faster transaction we can use our traditional wallet but bitcoin wallet is only good for heavy transaction and for far away transaction there it will work faster than traditional bank wallet.


Title: Re: Apple Pay vs Bitcoins
Post by: audaciousbeing on October 07, 2016, 06:03:42 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Based on your analysis of the current situation its very obvious that !itcoin does not stand a chance but don't forget that Apple that you are making reference to didn't get there one day so I believe in few years Bitcoin will get there even the speed of transaction witnessed today is not like that in the earlier years of its existence.


Title: Re: Apple Pay vs Bitcoins
Post by: amacar2 on October 07, 2016, 06:04:25 PM
I think bitcoin have greater use as storing our cash rather than spending it. If you consider storing your cash in banks and debit cards is safest place than you are wrong, as your balance amount will be in hand of centralized banks and goverenment who can just empty your balance if you get charged for some illegal activities or those account may get frozen and nobody of yours can use your life savings.

Storing bitcoin will be anonymous as well as you can also hand it over to your relatives and family incase you get arrested or you get into some legal problems.


Title: Re: Apple Pay vs Bitcoins
Post by: RodeoX on October 07, 2016, 07:55:51 PM
Apple Pay

http://farm4.staticflickr.com/3117/2376032508_f3b611a2ee.jpg


Bitcoin

http://psipunk.com/wp-content/uploads/2009/06/futurism-concept-car-looks-like-a-reverse-tricycle-future-car-02.jpg

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.
Nope it will take 2-30 days (sometimes months) for that transaction to clear. Ask anyone who owns a business. With bitcoin a business can ship with complete confidence in less than an hour. Apple Pay is a digital system tacked onto a centralized cupon system which is tacked onto a paper money system. Bitcoin is a completely revolutionary digital system.

Quote
Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +
I have never in my life "logged into" a wallet? I only scan when I'm buying from my phone and it takes far less time than a magnetic strip or a chip card. I also rarely need to wait for verification. Purchases under say $20 do not really need verification. When you buy a big mac at Macdonald's they have no idea if the transaction is valid. But they know that orchestrating a fake Tx is more costly than a big mac, so they just risk it.  If I were selling a bass boat then I would wait 10-30 mins. Which I'm ok with.

Quote
Can someone tell me how bitcoins will ever stand a chance?

You are missing all the most important features of bitcoin. I dumped my cards in 2010 and have saved thousands of dollars, and increased the security of my transactions by orders of magnitude. I travel the world with one currency now. I don't pay bank fees or worry about identity theft. There is no way I'll ever go back to shitty fiat systems. Bitcoin is the fastest, most secure and cheapest money system ever developed, and that's a fact.

If you don't believe me then let's have a contest! We'll both buy a gold bar.  Unfortunately, you are going to have to pay a lot to use your fancy watch. Your total is $13,198.58, ouch. I will only pay $12,815.40 because I am using BTC. As mentioned above they could ship to me right away, but you are going to have to wait for the Tx to clear Mastercard/Visa... It could be a while. If anyone gets your credit info then you are going to have a mess on your hands. But I could post my account password and it would not help a thief to steal from me.

Lastly, I like to own my money. You only have permission to use the federal reserves money and then only if it's ok with your watch.  ::)




https://www.amagimetals.com/gold/bars/10-oz-pamp-suisse-gold-bar-999-fine-gold


Title: Re: Apple Pay vs Bitcoins
Post by: Skarner21 on October 07, 2016, 08:43:57 PM
for faster transaction we can use our traditional wallet but bitcoin wallet is only good for heavy transaction and for far away transaction there it will work faster than traditional bank wallet.
Well they are different but we need each other to able to use to pay in any needed banks is for safe place for than bitcoin but if you have bitcoin it  a good investment that you can get benefits from price increase.


Title: Re: Apple Pay vs Bitcoins
Post by: AsaroUk on October 07, 2016, 08:47:46 PM
Well Apple got a large powerfull position. On 1 hand they got the name and then offcourse the own the chips is millions of phone. And we all know what the internet and online payments can do in terms of sales. I do think bitcoin still holds the advantages because of the fees and anonimity.


Title: Re: Apple Pay vs Bitcoins
Post by: kollo99 on October 07, 2016, 09:03:51 PM
i never use apple pay and therefore i have no idea aout this currency.


Title: Re: Apple Pay vs Bitcoins
Post by: Osarman on October 07, 2016, 09:49:00 PM
i never use apple pay and therefore i have no idea aout this currency.
i also never use Apple pay but i am sure that bitcoin is much more better than apple pay because bitcoin is acceptable in all countries for shopping or other and we can use bitcoin as investment so bitcoin is very good.


Title: Re: Apple Pay vs Bitcoins
Post by: European Central Bank on October 07, 2016, 10:08:03 PM
what's the point comparing them? neither of them are an attractive option to someone coming fresh to it. you either gotta buy an apple or some bitcoin.


Title: Re: Apple Pay vs Bitcoins
Post by: countryfree on October 07, 2016, 10:39:16 PM
The problem with apple pay is that to use it you must buy an overpriced product from an untrustworthy company run by a queer. Edward Snowden never had an iphone. Having one is like having an NSA agent in your pocket.


Title: Re: Apple Pay vs Bitcoins
Post by: jacktheking on October 08, 2016, 02:14:29 AM
I am personally not an Apple fan and I don't really use Apple product. To add on, I have been with the Bitcoin community for a year now and why would I want to switch over to Apple Pay? No reason for me to switch to Apple Pay. I'd say Bitcoin is far more transparent and secure as compared to Apple Pay technology.


Title: Re: Apple Pay vs Bitcoins
Post by: Xenophoto on October 08, 2016, 01:57:53 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
It will also take 3 seconds for somebody to take all of your balance. You're not even required to log in? Really? If that is so then somebody can just open your Apple watch or iPhone and transfer all of your balance into his while you're not looking or while you're asleep. 3 seconds is such an hyperbole. Are you the Flash? How could you take your phone out of your pocket, unlock your phone, open Apple Pay in three seconds?

10 mins is such a long time for those actions. I'd say it would only take a minute or two to finish sending Bitcoins especially if the Bitcoin wallet that you're using has a transaction fee. That means your transaction will have a higher priority than those that doesn't have a tx fee.

To be honest, I think this thread is just OP's way to promote Apple Pay.


Title: Re: Apple Pay vs Bitcoins
Post by: xdrpx on October 08, 2016, 02:11:11 PM
Bitcoin will still have a chance cause Apple pay is limited to work only in most western countries. It isn't even available in developing states and most parts of middle east and asia. Also, if you own an Apple iPhone it has a build in NFC that only works for Apple Pay POS. Here is where Bitcoin is a game changer as now Bitcoin reflliable debit cards are available on the go. You can easily get one on wirex (virtual and plastic cards) and load those cards using Bitcoins and spend them on any terminal that supports master card or visa.


Title: Re: Apple Pay vs Bitcoins
Post by: dreamer81 on October 09, 2016, 06:26:01 PM
I am not trying to bash bitcoins and hype apple pay. I would love if I could pay with bitcoins everywhere! Unfortuantly i can't, because stores obviosuly haven't seen the light yet.

We all have smart phones. I dont choose apple because it's overpriced or pretty. I choose it only because I hate the lag that is on android phones. Even my latets android adventure (Samsung S7) has ended because of lag. Not a lot of lag like the Nexus 5X, but enough to notice. I'm back to iphone 7 with no lag.


Title: Re: Apple Pay vs Bitcoins
Post by: Script3d on October 10, 2016, 11:18:47 AM
Buying goods with bitcoins is not a good idea for me because you need to wait until the transaction confirmed. i dont know what the hell apple watch og phone is but you only need to wait 3 seconds which is nice


Title: Re: Apple Pay vs Bitcoins
Post by: yayayo on October 11, 2016, 01:30:57 PM

That's truly the best way to explain it... :D PainPal, FruitPay and their peers are just for shifting the good old fiat trash around. So familiarity and convenience of usage is only one side of the medal. And Bitcoin is constantly improving in usability and acceptance, too.

The main advantage of Bitcoin is that it is a sound decentralized currency that can serve as a store as value. Transactions can't be simply blocked to please the governmental surveillance freaks and you remain in full charge of your funds. No fiat solution can compete with the hybrid nature of Bitcoin being both a currency and a payment system.

ya.ya.yo!


Title: Re: Apple Pay vs Bitcoins
Post by: Fatanut on October 11, 2016, 02:27:59 PM
Why would you even tell Bitcoin users that Apple Pay is better than Bitcoin. This is like going inside McDonald's and talking to a regular customer that the relatively new restaurant in the corner is better. Bitcoin ensures security that's why it takes some time before you can get ready to send your money. Without even doing research, I'm pretty sure that Apple Pay is just the same as Paypal with the same set of rules and concepts.


Title: Re: Apple Pay vs Bitcoins
Post by: mindrust on October 11, 2016, 02:31:22 PM
Fuck apple pay.

I don't give them no pennies.

I use iphone btw, they make good phones and i love them but i don't blindly trust them. That's not just about trust. Applepay is like steam money, nothing special.

Bitcoin is revolution.

bitcoin:
http://www.spyderonlines.com/images/wallpapers/enterprise-wallpaper/enterprise-wallpaper-19.jpg

applepay:

http://classroomclipart.com/images/gallery/Animals/Donkey/people_riding_donkey_2403.jpg


Title: Re: Apple Pay vs Bitcoins
Post by: Digital_Lord on October 11, 2016, 02:49:49 PM
what's the point comparing them? neither of them are an attractive option to someone coming fresh to it. you either gotta buy an apple or some bitcoin.
Agreed. for a common and middle class person both are expensive and difficult to use.. and for a person who is in bitcoin like me then bitcoin is obviously is the best choice.
I like bitcoin because I have bitcoin and don't have apple.


Title: Re: Apple Pay vs Bitcoins
Post by: aesma on October 11, 2016, 03:46:10 PM
I don't own anything Apple, never have never will, because they want to control everything, so paying using an Apple thing is just asking for less freedom even.


Title: Re: Apple Pay vs Bitcoins
Post by: mindrust on October 11, 2016, 03:55:29 PM
I don't own anything Apple, never have never will, because they want to control everything, so paying using an Apple thing is just asking for less freedom even.

Google is not different from apple. They are both shit and evil.

I owned both android xperia and iphone and i enjoyed both. (tbh, i liked iphone more) One thing disturbed me with android phones is that they are fliling their phones with so many useless bloatwares and it really fucks up your device. (i know you can install cyanomod or smth but i don't have time for this)

Apple doesn't do that. Because google is a fucking adcompany. It was a search engine in the beginning but lately they turned out into an ad-company. You think apple collects data about every step you do and google does not? Both do that.

And, apple. They were fucking selling 16gb phones until this september. That's fucking evil. I purchased a 64gb 6s 2 months before the Iphone7 promo, and they came with 32gb versions as a starter pack. Fucking shits.

TLDR; Apple=Google=Horseshit


Title: Re: Apple Pay vs Bitcoins
Post by: btccashacc on October 11, 2016, 05:15:28 PM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
First of all i used bitcoin for transaction and it took a few seconds, used 3rd party btw you dont need to wait for the transaction to be verified and it converted to fiat automaticaly so you dont need to worry about the volatile nature of the bitcoin, however i never use aplepay before but i think bitcoin still the best as a payment method, like people mentioned above.


Title: Re: Apple Pay vs Bitcoins
Post by: StoreBit on October 11, 2016, 08:42:34 PM
apple pay is really new for me as in never use it and just hear about it for the first time, as i am using bitcoin only and having no interest in any other currency or forum to use.


Title: Re: Apple Pay vs Bitcoins
Post by: aesma on October 11, 2016, 09:38:38 PM
I don't own anything Apple, never have never will, because they want to control everything, so paying using an Apple thing is just asking for less freedom even.

Google is not different from apple. They are both shit and evil.

I owned both android xperia and iphone and i enjoyed both. (tbh, i liked iphone more) One thing disturbed me with android phones is that they are fliling their phones with so many useless bloatwares and it really fucks up your device. (i know you can install cyanomod or smth but i don't have time for this)

Apple doesn't do that. Because google is a fucking adcompany. It was a search engine in the beginning but lately they turned out into an ad-company. You think apple collects data about every step you do and google does not? Both do that.

And, apple. They were fucking selling 16gb phones until this september. That's fucking evil. I purchased a 64gb 6s 2 months before the Iphone7 promo, and they came with 32gb versions as a starter pack. Fucking shits.

TLDR; Apple=Google=Horseshit


Of course Google stores what you do on the web, but that has nothing to do with Android.

At least with an android phone you can install whatever you want, not just what Apple allows.



Title: Re: Apple Pay vs Bitcoins
Post by: abugseuf on October 11, 2016, 09:45:22 PM
yes there is nothing wrong to apple pay, that is also too good, but i personally use bitcoin, as i have fully trust on bitcoin, i thin bitcoin never create problem for me, therefore i like to use it for ever.


Title: Re: Apple Pay vs Bitcoins
Post by: mastica on October 11, 2016, 10:05:43 PM
Phones are something that we do loose walking into the streets, i wouldnt use apple pay because of that, the risk to loose the phone is huge, for other side bitcoin i just use it into the computer and its stored online, the wallet id as well the permission to access my account, i do like bitcoin even with have to wait some minutes to transaction be confirmed.


Title: Re: Apple Pay vs Bitcoins
Post by: Yakamoto on October 11, 2016, 10:16:23 PM
I personally think that while Bitcoin doesn't have as many merchants that accept it and it takes a little longer, it is far better than Apple Pay. Apple Pay is just Apply trying to involve itself more when it comes to other people's finances and so, and it is another money-making scheme which can effectively just hand over more control to Apple.


Title: Re: Apple Pay vs Bitcoins
Post by: richardsNY on October 11, 2016, 10:21:10 PM
Phones are something that we do loose walking into the streets, i wouldnt use apple pay because of that, the risk to loose the phone is huge, for other side bitcoin i just use it into the computer and its stored online, the wallet id as well the permission to access my account, i do like bitcoin even with have to wait some minutes to transaction be confirmed.

If you at some point want to pay for your daily needs with Bitcoin in your local store (assuming they accept Bitcoin payments), then you have to take your phone with you as well. And nowadays people don't walk outside without having their smartphone in their pocket. In that aspect this isn't an issue at all.


Title: Re: Apple Pay vs Bitcoins
Post by: jbreher on October 15, 2016, 06:46:00 AM
The ignorance - it burns. Read more. Bloviate less.

Different things that solve different problems.


Title: Re: Apple Pay vs Bitcoins
Post by: JeffBrad12 on October 15, 2016, 06:54:12 AM
Phones are something that we do loose walking into the streets, i wouldnt use apple pay because of that, the risk to loose the phone is huge, for other side bitcoin i just use it into the computer and its stored online, the wallet id as well the permission to access my account, i do like bitcoin even with have to wait some minutes to transaction be confirmed.
Oh god, that's so pathetic for me. you aren't using the apple pay and already doubt about losing your phone. nice jokes man  :D  So apple pay just providing for accessing  their features just from your phone, dude. :P


Title: Re: Apple Pay vs Bitcoins
Post by: pooya87 on October 15, 2016, 06:57:47 AM
Phones are something that we do loose walking into the streets, i wouldnt use apple pay because of that, the risk to loose the phone is huge, for other side bitcoin i just use it into the computer and its stored online, the wallet id as well the permission to access my account, i do like bitcoin even with have to wait some minutes to transaction be confirmed.

If you at some point want to pay for your daily needs with Bitcoin in your local store (assuming they accept Bitcoin payments), then you have to take your phone with you as well. And nowadays people don't walk outside without having their smartphone in their pocket. In that aspect this isn't an issue at all.

for any kind of payment, you have to take something with you! it is either cash in your pocket, a card, your phone or apple watch. the main question is which one of these is the shop you are visiting is accepting.


Title: Re: Apple Pay vs Bitcoins
Post by: 18thacccount on October 15, 2016, 08:44:46 AM
Why do you include the confirmation? I think plenty of businesses might take no-confirmation transactions for small purchases particularly those occuring in real life "like the risk of someone buying using a stolen creditcard", Also BTC is a whole system and Apple pay is just a website and an app with a central authority.


Title: Re: Apple Pay vs Bitcoins
Post by: JANGKRIK BOSS on October 15, 2016, 09:45:33 AM
Why do you include the confirmation? I think plenty of businesses might take no-confirmation transactions for small purchases particularly those occuring in real life "like the risk of someone buying using a stolen creditcard", Also BTC is a whole system and Apple pay is just a website and an app with a central authority.
Compare apple pay vs Bitcoin is not fair and too many factors of different. If we want compare apple pay vs googlepay, the system is same. But if we compare for market capital maybe all peoles know that bitcoin is leader than apple pay or google pay


Title: Re: Apple Pay vs Bitcoins
Post by: drwtsn32 on October 15, 2016, 09:52:04 AM
Good point. But I don't see bitcoin in the future to be a method of payment. Instead, bitcoin targets "investors" more than the "consumers".
I mean, each of them have their own usage.


Title: Re: Apple Pay vs Bitcoins
Post by: gkv9 on October 15, 2016, 10:49:25 AM
Good point. But I don't see bitcoin in the future to be a method of payment. Instead, bitcoin targets "investors" more than the "consumers".
I mean, each of them have their own usage.

Bitcoins doesn't target anyone, instead "investors" are targeting this currency for their own profits...
And now back to the topic, bitcoins are meant to be used by everyone and not just investors, as you can see that the price stability is also there...
So, it can actually be used as a mode of payment if one really wants to use it, because of its low fees and easy-to-use interface which lets you send your money in a fraction of a second...


Title: Re: Apple Pay vs Bitcoins
Post by: zahra4577 on October 15, 2016, 11:06:48 AM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
But the problem with Apple pay is that only expensive Apple product users can use it while bitcoin is for everyone.Apple pay is rich people payment method


Title: Re: Apple Pay vs Bitcoins
Post by: rajasumi2 on November 16, 2016, 04:18:33 AM
When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?
i have never heard of apple pay .and paying through bitcoin wallet is yet to come and it takes quite a time for any transaction to come..well apple would never allow bitcoin transaction .they will always start a new transaction system  of their own and rarely it can happen that bitcoin transaction will be accepted in buying products until and unless the price of bitcoins at a steady rate and so that security is high enough to be safe always ..kudoos :)


Title: Re: Apple Pay vs Bitcoins
Post by: ethan_nx on November 16, 2016, 08:24:05 AM
Honestly until the problem of transaction speed is solved, I do not think Bitcoin will become a common payment method. There are several BIPs on the topic, but there are several factors before (native) Bitcoin can expand to local sellers and a full-stack solution must be developed:

1. A method for fast transactions must be developed and commonly accepted as THE solution (well, one or a few methods). Lightning Network is one of the solutions.
2. Mobile wallets must implement the payment methods.
3. POS terminals need to be created.
4. Someone needs to convince sellers :-)

Each of the points represent a challenge. I did buy a coffee a few times and the coffee shop's POS was accepting 0-confirmation transactions.

0-confirmation payments are not that crazy. The risk someone maliciously double-spends (does a race attack actually) when shopping in a groccery store is pretty minimal.

Other than that, the topic is not new ;-)


Title: Re: Apple Pay vs Bitcoins
Post by: jbreher on November 17, 2016, 12:27:29 AM
0-confirmation payments are not that crazy.

Indeed. Back when the maxblocksize was big enough that one could pretty well count on any given transaction being included in the next block or so, they were reliable enough for a great many business use cases. Now with chronic backlog and RBF, they are nothing but an invitation to scammery.


Title: Re: Apple Pay vs Bitcoins
Post by: n691309 on November 17, 2016, 12:29:05 AM

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.

A bitcoin debit card? Is there even such a ting? It goes totally against the decentralization principle of bitcoin. The idea should be investigated though, but i dont see it happening.

Imagine a terminal that communicates with NFC, that could talk to a bitcoin app on your phone?


Haven't you heard about it before? There are many companies which offer  bitcoin debit card in plastic mode and in virtual mode so you deposit bitcoin there and spend like a normal card, apple pay combined with bitcoin debit card is perfect.


Title: Re: Apple Pay vs Bitcoins
Post by: MingLee on November 17, 2016, 12:32:41 AM
Apple pay is a considerably more invasive system that just gets deeper into your information and privacy, which means that they're going to have more data on you can they would be able to develop plans around what to sell to you, what you like to buy, your finances, etc. Bitcoin doesn't develop a profile on you or anything. You just exist as an alphanumeric string.


Title: Re: Apple Pay vs Bitcoins
Post by: jerowacik on November 17, 2016, 12:44:11 AM
Apple pay is a considerably more invasive system that just gets deeper into your information and privacy, which means that they're going to have more data on you can they would be able to develop plans around what to sell to you, what you like to buy, your finances, etc. Bitcoin doesn't develop a profile on you or anything. You just exist as an alphanumeric string.
yes. with these two bitcoin is more promising because bitcoin is not bound to anything. bitcoin system is standalone and is not affected by a variety of other things.


Title: Re: Apple Pay vs Bitcoins
Post by: jbreher on November 17, 2016, 12:51:42 AM
i have never heard of apple pay

Last month in Tokyo:

http://i67.tinypic.com/30vfwgy.jpg

Hmm... interesting escalator handrail - what's that?

http://i67.tinypic.com/fdh92o.jpg

Suica? It appears to me that Japan's public transport runs on Suica. It's a kind of prepaid/debit NFC card system that operates the turnstiles. Over 5 million Suica transactions are processed daily, if memory serves.

And what's that co-branded with Suica? Could it be ... Apple Pay? I think it is. Right here in Shinagawa station (daily traffic well in excess of 1/3 Million commuters):

https://en.wikipedia.org/wiki/Shinagawa_Station (https://en.wikipedia.org/wiki/Shinagawa_Station)

Co-branding even more prominent at the main gate:

http://i64.tinypic.com/28iqjqw.jpg

Indeed, one can now use Apple Pay on an iPhone to cross the turnstiles on most public transport in the area.

Incidentally, Apple Pay is now the fifth largest payments platform.

http://1reddrop.com/2016/11/11/apple-pay-now-5th-largest-payments-platform/ (http://1reddrop.com/2016/11/11/apple-pay-now-5th-largest-payments-platform/)

I would never claim 'Apple Pay is better than Bitcoin'. In fact, the two serve radically different use cases. But Bitcoin or no, Apple Pay is an important innovation.

To speak to dreamer's inquiry... Bitcoin is safe in the face of Apple Pay, as Apple Pay is merely a better payments channel than other payment channels over which fiat flows. While way better than alternatives in many respects, Apple Pay is still not a non-inflationary currency/commodity and store of value untainted by the financial elite - as is Bitcoin.


Title: Re: Apple Pay vs Bitcoins
Post by: jbreher on November 17, 2016, 01:00:40 AM
Apple pay is a considerably more invasive system that just gets deeper into your information and privacy,

Well, no. You should probably read more.

Apple Pay has an anonymizing layer. In contrast to credit or debit transactions without Apple Pay -- which provide the vendor with your name, number, pin, and backtracable to your address, credit history, SSN or other identifier, etc., and also allows the vendor to pull as much as desired from your account at any time now or in the future, Apple Pay provides to the vendor merely an anonymized inscrutable transaction ID, specifying that the invoice has been paid.

Net: way more anonymous than current credit/debit transactions. Of course, it is arguable that Apple Pay is less anonymous than Bitcoin, but Apple Pay is not meant to provide an alternative to Bitcoin.


Title: Re: Apple Pay vs Bitcoins
Post by: DOGE12321 on November 17, 2016, 01:55:10 AM
I am not very sure. I highly doubt that Bitcoin was developed to be used like everyday currency. I only use Bitcoin for buying gamecards and digital products. However, aren't Bitcoin transaction irreversible? Couldn't you just show the shopkeeper that you sent the transaction? Moreover, I cam pretty sure that Apple Pay is even less used that Bitcoin.

:)


Title: Re: Apple Pay vs Bitcoins
Post by: Gotottack on November 17, 2016, 03:06:01 AM
These two are not supposed to be compared. You are comparing apples to oranges. They bought have their own purpose and uniqueness. Both can co-exist in the world and they don't have to necessarily go against each other.


Title: Re: Apple Pay vs Bitcoins
Post by: LuanX3 on November 17, 2016, 03:26:24 AM
These two are not supposed to be compared. You are comparing apples to oranges. They bought have their own purpose and uniqueness. Both can co-exist in the world and they don't have to necessarily go against each other.

I agree. Both has their own set of use. However, if there were two option to pay for something, I would use Bitcoin than use Apple pay. It's more convenient to use Bitcoint han Apple pay.


Title: Re: Apple Pay vs Bitcoins
Post by: error08 on November 17, 2016, 06:20:51 AM
These two are not supposed to be compared. You are comparing apples to oranges. They bought have their own purpose and uniqueness. Both can co-exist in the world and they don't have to necessarily go against each other.
It is against each other which one will have more user and trusted method of payment.
Bitcoin still has more advantages I thought, it even doesn't take that long time to do transaction, less than 1 minute even the verified need more time but at least the money has been sent.