Bitcoin Forum

i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?

In my country I have not been able to use bitcoin as a means of payment in the form of goods or necessities of life
If you want to use bitcoin to buy something or needs I have to redeem bitcoin into the original currency in my country.
I redeemed bitcoin through >>> Indodax.com

There are various services that accept Bitcoin.

There is also Purse.io, which can be used to buy stuff from Amazon at a discount using Bitcoin.

Unfortunately, due to the current steady descent graph, you can enjoy the discount on amazon. It is impossible for Bitcoin to be used in shopping this way.

In my opinion, it is practical by means in paying on a site using bitcoins or transfer money thru bitcoin. I tried sending bitcoins on my friends as payment for a vpn that I purchased. but it its not good for purchasing goods and foods.

There are many online businesses who accept cryptocurrencies, most of them accept Bitcoin as it is the most popular and widely used. But, I have seen some restaurants started accepting Bitcoin and other crypto as a payment recently.

It is practical to buy some things online and maybe to spend them in shops if you live in certain (few) areas, but we are far away from mass adoption, although more and more shops and merchants are accepting bitcoin.

It will be much more practical in the future, with Lightning Network fully implemented and running.

It's practical if you want to help boost bitcoin's demand and at the same time purchase those things that you want online conveniently. I'm also using it for paying some of my needs.
You can use any amount that you wish, there's no restriction on how much you can spend buying goods online.

I find it difficult to pay through bitpay for namecheap domains and transaction fee are too high.

You can easily integrate your payment method with Bitcoin payments! Currently, there are many web sites that support api functions so you can do that!
Only thing, bitcoin and altcoin prices are very volatile, if applied to commodity products you will probably have no profit or negative profit.

My country don't have amazon but have other alternates but none of them support bitcoin but i have found many other global sites which can deliver same things i want with bitcoin but with higher price and shipping fees

I like Bitcoin but using it as a pasyment yo buy goods and stuffs would be difficlicult. One move of the price of BTC might cost you double or thrice the price of a specific item. Volatility is a big problem to this. Practicality will not be achieved.

There are many services and shops that accept Bitcoin but it isn't popular enough, you have to do a bit of searching if you want to pay daily stuff or bills and similar with Bitcoin. I don't think that the fees are high right now, at least not when paying once with a larger amount of money, of course it is expensive if you split payments in smaller parts. I only bought games with my Bitcoin and it went well, but I don't know for physical stuff, I guess it's the same as cash.

Using Bitcoin for other things shouldn't differ much from your experience on using it to buy domains. Most merchants use payment processors like Bitpay anyway. If you thought that was practical enough, then it's probably practical for you.

But yeah, you can absolutely use Bitcoin exclusively for pretty much everything for as long as you find a good merchant that accepts it. It's probably not as practical as other traditional options for daily use, but I'd say it's definitely practical enough.

In now bitcoin is worldwide popular. There are so many services are connect with bitcoin. You will get discount from Amazon when you use bitcoin transaction.

YES I think this is totally practical and you can use bitcoin as payment option where it is accepted. However, in that case make sure that you have a well secured wallet for your cryptos

You don't need to bother posting transactions of your bitcoin here. You can simply ask and say anything related to the crypto currency in the forum.

Bitcoin has become quite practical , especially in businesses. Payments are quite easier in bitcoin and now One can shop at Amazon with bitcoins , there are some discounts available too. If one is ordering something off the market and from another country , both the seller and the buyer prefers bitcoin as no information and sensitive data is being exchanged. Since the transaction fees is much lower than the credit cards and debit cards , all goes well and easily.

Well, for me bitcoin as payment service is good because lots of store now accepting bitcoin, but i can observe that when we convert our bitcoin in our local money, it is too high the fees of it whereas we can say that the bitcoin is very expensive for the investors when they invest or buy bitcoin. But over all the payment is well.

Sir your question how much spending bitcoin use to pay online or to other services? find the legit merchant that accredited bitcoin of course all prices you need to pay is absolutely  stated their on where you can avail your items. be sure that before you proceed to transact for payment your wallet is fully protected.

Lets face the reality guys. We still need third party invention to load the money, go for the purchase and then pay indirectly with the bitcoin currency. Thats the biggest drawback of it. There is no way we are paying the payments directly from our preferred wallets which re supposed to be our banks for us and being controlled by us due to decentralised nature of it.
The practical approach is when we can use the bitcoin in similar fashion as if we would use the fiat currency on daily basis. Thats my logic behind it.

As long as it doesn't take too long for the minimum number of confirmations needed and as long as the blockchain fees are reasonable, bitcoin works just fine.  I would still much rather use my debit card for online transactions because of those factors (which generally are problematic) and because I'm not concerned about anonymity or stealth.  

One of the major advantages bitcoin has is that it's not tethered to banks or to any governments, but for normal transactions people aren't really concerned about that.  I'd say bitcoin is actually less practical than fiat is, but that's not to say it doesn't have some advantages.  You have to ask yourself whether it was easier to pay for your item using Bitpay than it would have been if you'd paid cash.  That will answer your question for you.
Plus the merchant isn't receiving bitcoin.  They're getting fiat on their side.  Bitpay just converts what the buyer sends into whatever local currency the merchant accepts.

I think this is totally practical and espesially in business.
But over all the payment is well.

the choice is not much, but maybe a few decades ahead there are many options and in using bitcoin as a means of payment transactions. some countries that receive bitcoin have made payments via bitcoin. but not for countries that prohibit it.

It actually depends from one country to another regarding the practicality of bitcoins as a means of exchanges. So, if anyone is interested in using bitcoins as a means of exchange, we need to see if it is being used in our country or not. Normally people convert these into currencies for transactions.

Well, these days many services accept Bitcoin as a method of payment. It also depends on which country you belong to, because many services are specific to some particular countries. Hope this helps.

Bitcoin payment is a practical because less hassle and far from any crime. The practical approach is when we can use the bitcoin in similar fashion as if we would use the fiat currency on daily basis. Thats my logic behind it.

In highly urbanized city and places,bitcoin is easily to use.Practically in the mode of payment.You dont have to go to bank or fall in a long line of ATM machines.

I think it would be more practical if you pay using your debit or credit card. Bitcoin as of now is much better if it's used as a store of value or an investment vehicle rather than purchasing online.
You can use bitcoin to purchase almost everything. It really depends on the vendor if it accepts crypto in exchange for their products and services.

Bitcoin as a means of payment for service is already practical,a shopping mall in Nigerian uses Bitcoin for paying of goods..

its not that practical for now because of the limited companies that accept it as payment, but in the near future crypto will be widely used by everyone

Bitcoin is a the fastest way to get paid in an instant. I am a developer and I work from a private web development company that pays via Bitcoin. I found it cool. The only pain in ass is the value of Bitcoin in USD. I wish to see Bitcoin under 6 digits.

In my opinion bitcoin is more of a investment medium rather than a payment services of daily goods. But there are some online shops that actually accepts cryptocurrency which is a good sign . Bad thing considering the current market situation I fear any new shop would actually accept it as a payment services. 

Bitcoin was primarily created as a decentralized payment and avoid the hassle of having a middleman that would govern the transaction. This a good scheme and actually paying BTC is already an accepted method in some countries. I think it is a more practical payment method only if it is accepted in more countries. Sad to say there are still many countries who do not accept BTC.

Besides of being a decentralized and some other great features of Bitcoin you can pay those website that accepts Bitcoin, very much low fees compare to your local remittance centers and most importantly the much faster way of sending payment is the most convenient.

In practical situation bitcoin as payment is not developed yet. A few number of country take bitcoin as payment. It's still now famous as for investment.

sometimes, a service will announce what payment they receive. well, if they accept bitcoin, of course there will be a nominal listed there, but if it's in dollar form, you just have to pay it using bitcoin according to dollar price if they accept bitcoin.

as a merchant you get the security that you will not lose your money anymore because the customer charged back and you lose your money because those payment processors are flawed. but when using bitcoin there is no charge back.
as a customer you don't have to also reveal your identity each time you want to make a tiny purchase. you keep your privacy. and also you never need a third party in the middle to handle your money, you do that all by yourself. this means you can transfer money at any time anywhere in the world and pay a tiny fee!

There is no doubt that bitcoin and cryptos for this matter, are gradually evolving to become a mainstream payment service. The challenges are there alright, but I am very upbeat that in no time these will be dealt with just like in the days when fiat money first came into being. Crypto has come to stay and kudos to Satoshi for this awesome invention.

well in my country whenever I want to use btc for a payment I have to search the seller from online which is a private seller not a company, some of the private sellers accept btc here.

Yea brother, but don't forget that without this third party intervention doing batter with a crypto will be practically impossible. Remember, banks serve as third (regulating) party to fiat currencies. So I suggest that we just have to make do with the system just as it is.

If you want to get service by using bitcoin as payment you have go and make transaction on country have allowed and legal bitcoin transaction. My country is not unvelaible for using bitcoin as payment and trasaction, you can go to United State and buy something there by using bitcoin payment, or you can go to asian country like Japan and Korean Repulic and you can using bitcoin payment. Only country was allowed bitcoin you can take service by using bitcoin payment.

Truly speaking it is not practical to pay via bitcoin because I am not being paid by my employer in bitcoin.   If I want to pay via bitcoin; I have to first purchase bitcoin and so I will have to pay some charges for purchasing and paying bitcoin.
Under  such circumstances I will be shopping by paying / using my debit / credit card which is to some extant free of charge in my country.  But now I am working in bitcoin bounties; so as a reward I will be getting certain coins; which I may convert to bitcoin.  Then it will be easier for me to pay via bitcoin.

Unfortunately bitpay becomes a bad experience for people who use third party wallets or online wallets. Their payments are made through special links which are not supported by most of the wallets.
How much you can spend using bitcoin depends on you. But you should be asking how many people out there are accepting bitcoin/cryptocurrencies as payments. The answer is actually very few. Price instability is one the reasons why they are not willing to accept crypto currencies. Just look at steam. They used to accept bitcoin and now they don't.

It's very practical. Especially if you're looking to pay someone overseas, it is the most convenient form of payment that you are able to find. In that regard, bitcoin really serves well as a medium of exchange globally, which is something that fiat does not have.

You can pretty much buy anything you need with bitcoin, without having to convert it back into fiat at this point. There are obviously also services where you are able to buy anything you want that accepts credit cards using bitcoin.

Just keep in mind though that merchant adoption is nowhere nearing its peak at the moment, there is still a long way to go before we can see individual merchants accept bitcoin directly. Right now, this is done mainly through the use of payment processors such as Bitpay which in the future we may see less of as adoption grows.

they can work on him if that is not practical. but future is in blockchain, he will understand soon.

Bitcoin is still treated as an asset more than a payment method or a currency by the majority of the BTC community, in my opinion. However it is still used as a currency sometimes and there are many marketplaces online, including the one of this forum, supporting BTC as a payment method. But I think most people prefer to hold their coins and paying with fiat money instead of BTC and cryptocurrencies.

Not very, as online is the only place you can buy stuff with it. I am yet to see an irl merchant that accepts Bitcoin payments. And the tech seems a bit slow, will definitely need some more honing to be commercial-grade ready.

First of all most of us are using bitcoins for trading...Means its the thing which we trade...We are trading bitcoins...We are trading a currency...Bitcoin is a currency but its not having any specific value...Some shopping sites accept bitcoins because they also want to trade Bitcoins.

Id say that its impractical in a way that you could actually regret it later .

Value wise , bitcoin's price today is on a down slope . If you buy a $50 item on a website that accepts bitcoin based on the bitcoin's price today ($6,341) , that would be around 0.0079 btc . And the bitcoin's price could increase/decrease in an hour , ANYTIME . And if it increase in price you could be in tears thinking that you paid more for that certain item . So i guess thats the main problem.

But yes there are some good thing about bitcoin , that is its online . You wont lose it unless you are stupid enough to lose your account or something . Payment only takes minutes which is very handy . Transactions are secured . Tho you cant find many website that accepts bitcoins at this moment  :-\ :-\

that's exactly how I feel

I think it is Bitcoin is very practical and useful as payment service. A lot of shops, companies and other businesses already accept payments in BTC. Today there are a lot of startups that help integrate other businesses' e-shops on their own e-commerce platforms to help them accept payments and transactions in BTC and other popular cryprtos. Such decentralized blockchain platforms are very useful as you receive the possibility to accept BTC payments and you don't need to adjust your personal website to blockchain innovations, especially if you don't have any knowledge in this area.

Using Bitcoin as mode of payment is not practical as of now since its value is too low. Example, you can buy a 1$ burger now and if you hold it, your can buy 2 of  them.
Meaning, it is better to use BTC as investment instead of Payment

I think bitcoin will enter many large shopping websites in the next few years, which is a new experience for young people. The most important way of payment is bitcoin, which is more efficient. Altcoin may be more advantageous in terms of rate.

Not much of every online shoping can accepted bitcoin as payment. But bitcoin instead can doing payment as much as you can

Thank you for the explanation. It really helps the ones who are interested in Learning about Bitcoins. Am interested in Learning about bitcoin and Crypto trading, So I think this forum would be a great resource for me.

Bitcoin is a good type of new generation fiat. Though its a cryptocurrency buyet still you can treat it as an ordinary money that is in exchange which goods. So far, there’s really are shopping businesses that are introduce to this kind of transaction. In pur part, we just have to be wise when and where to buy or use bitcoin specially online.

I think that payment using bitcoin is fully practical. Think, bitcoin was invented as digital currency and currency is mainly used for paying anything whether it is a service or goods. It fights with fiats to be the mainstream currency and the fight is for being used as the most popular payment option. So I think this is truly practical using bitocin for paying.

Thank you for the site you shared. I am also looking to find a few sites that accept bitcoin as a form of payment and I can Purchase on Amazon by bitcoin.

bad logic my friend if you "hodl" you may end up buying half and no burger at all also.

not so practical these days, but might become more practical little by little.

Exactly bitpay asked me to use jaxx wallet which i had no idea so i had to research a bit and install on phone and transfer btc to jaxx wallet and then pay with phone scanning but when you become familiar it become easy

Bitcoin as payment for service is practical between Bitcoiners and crypto enthusiast well when we seek for workers for a certain purpose or project it is better to pay in Bitcoin rather than money, this way practicality is practice as well.

The Australian government has announced plans to test blockchain technology in providing social security payments to people. Wishing to digitize and automate public services it practical is Bitcoin As payment service of us

I think it will be very easy to be able to pay with bitcoin wherever you go or buying whatever you want with it. I hope soon it will be a universal payment method

Very practical because you will just pay digitally without going out and falling in lines. Less stress, less energy, less time consuming.

As long as stores accepted bitcoin you can use it. Bitcoin is different system from the bitpay. Bitcoin is much easier than bitpay. You can definitely use Bitcoin exclusively for pretty much everything for as long as you find a good merchant that accepts it. It's probably not as practical as other traditional options for daily use.

you can use as much as possible in making payments via bitcoin.
I prefer payment via bitcoin to electronics like smartphones to minco bitcoin payouts  ;)
this is my opinion, you may give another opinion, because every use is different

If one is having knowledge about bitcoin and internet usage, is at least having an electronic gadget to transact; electricity for recharge etc.  only then it is practical.  So mostly in advanced countries people are often using crypto for transactions.  It is practical for them.
But the people who are still uneducated will not be able to operate and transact.  Poor people in third world countries are unable to buy gadgets.  So it is not practical for them.

It's practice enough but the transaction speed sometimes is not stable, sometimes it's really fast but sometimes it has a traffic.
Also the transaction fee is too high so it's not qualified enough to pay online for shopping or etc

it's not that practical now since the value is not yet stable.

i have researched and i agree you can almost find anything to purchase with bitcoin but biggest drawback is, it will be lot expensive then usual

Practical for me is being efficient. There are some stores here in our country that accepts bitcoin as a payment. Bitcoin as a payment method is really practical because it is through online and it will give you faster and safer transactions if you will compare to other payment methods.

For physical transactions, just imagine the less hassle way of payment and no need to worry to bring fiat cash on hand.

For online transactions, just refer to your experience on Bitpay and that's it.

How much you can use for online shopping? Just like a normal online shopping, prices were still the same. It's just that it's way more convenient to pay in bitcoin for an obvious reason that it was less hassle. Yours to try and see for yourself the real deal.

Same thoughts here. Plus, what is practical to one person can be the opposite for another. It depends on your needs. If you're into a mode of payment that is future-oriented, something that eliminates from these institutions the mishandling of documents and records, the dishonesty, lack of trust of employees as well as the lack of reliability, then bitcoin as a virtual currency can be practical.

The speed and time used to process a transaction is major issue cited by many to be major hindrance for its use in real life. It'll be difficult for for shops to operate with it. It will only bring about long waiting cues.

In my opinion, it is practical as mode of payment service in a way that its a hassle free. It's very accessible for any emergencies. We cannot predict any situation that comes along our way. That's why BTC is very  practical.

What is functional to one individual can be the inverse for another. It relies upon your necessities. In case you're into a method of installment that is future-arranged, something that disposes of from these establishments the misusing of reports and records, the untrustworthiness, absence of trust of representatives and additionally the absence of dependability, at that point bitcoin as a virtual cash can be useful.

I don't think Bitcoin as payment service is very practical, I don't know such a lot shops, and others who accept Bitcoin as payment. To my mind in Japan paying with BTC is practical then everywhere, because BTC was born there, and many places accept Bitcoin as payment, even there terminals that you can withdraw your BTC

It is a good option especially for bigger transactions. But with small transactions, it can be a problem with so much fees and delay in transaction completion.

i also hear from my Japanese friend that in japan bitcoin is getting mainstream which is great thing.

agreed and bitpay suck. it's too complicated we need better and more user friendly payment services so every one can easily understand it and feel comfortable paying with btc. 

It depends upon your needs, I know you can't go to buy vegetables or fruits with Bitcoin that will be quite difficult but if you need to send money to different country where Bitcoin is acceptable then I can't find any better option than Bitcoin. Bitcoin has helped to improve long distance payment methods removing bank from interfering and making payments across international borders very quick.

At the current state of bitcoin, it's impractical to use it as payment because it's very volatile and the fees for every transactions you make are getting bigger and bigger. So it's better if you just hold your bitcoin or change it to fiat when its price is high and use the fiat as payment for your needs. This way you won't lose much and you'll profit more.

this is true i still remember when paypal disabled my account with out any reason with 2k inside and got it back after 90 days. This freedom of complete control is what make me interested in bitcoin first place

I use BTC almost everyday to buy and sell things, it is a great currency for this (meaning fees aren't an issue).

You can without much of a stretch coordinate your installment technique with Bitcoin installments, As of now, there are numerous sites that help programming interface works so you can do that Just thing, bitcoin and altcoin costs are extremely unpredictable, if connected to item items you will most likely have no benefit or negative benefit. tho There are numerous administrations and shops that acknowledge Bitcoin yet it isn't sufficiently prominent, you need to complete a touch of looking in the event that you need to pay day by day stuff or charges and comparable with Bitcoin. I don't imagine that the charges are high at the present time, at any rate not while paying once with a bigger measure of cash, obviously it is costly in the event that you split installments in littler parts. I just purchased diversions with my Bitcoin and it went well, yet I don't know for physical stuff, I get it's the same as money.

it is good for paying .but for me its not practical alot of shops , stores and many more uses paper money .

In this time, paying in bitcoin is not practical.. Because bitcoin payment is not yet legalized in different countries nowadays.
But the process of paying in bitcoin is much more applicable in paying big amount of money than small amounts.

If you want to get service by using bitcoin as payment you have go and make transaction on country have allowed and legal bitcoin transaction. My country is not unvelaible for using bitcoin as payment and trasaction, you can go to United State and buy something there by using bitcoin payment, or you can go to asian country like Japan and Korean Repulic and you can using bitcoin payment. Only country was allowed bitcoin you can take service by using bitcoin payment How much you can spend using bitcoin depends on you. But you should be asking how many people out there are accepting bitcoin/cryptocurrencies as payments. The answer is actually very few. Price instability is one the reasons why they are not willing to accept crypto currencies. Just look at steam. They used to accept bitcoin and now they don't.

Bitcoin is just another form of money and we can use it in the same way that we use our regular money. However, the market is not yet crypto friendly so we have to rely heavily on the online merchants who are accepting Bitcoin as a payment instrument. It's not a rocket science to use Bitcoin, I am expecting exponential growth in the utility value of it within the next 5 to 10 years from now.

I believe that it is very convenient if the payment in bitcoin does not provide additional large commissions

Bitcoin is very easy to use for transactions, especially for countries that accept bitcoin. Can pay for anything online, from books to cars. But for a country that prohibits bitcoin, it can be considered illegal, even though in reality it can be a transaction because all transactions are on the internet.

In my opinion, it is really practical to those people who are working. They can easily use bitcoin as payment services with out hassle. Transactions are made online so its very practical to everybody.

I never actually tried to use BTC to pay something online but I don't even remember if I have ever seen this option, for sure there are some websites made especially to buy items with BTC but that's not something where normal people would go of course.

For advance payments, say for booking a reservation, Bitcoin is very practical. But, where instant confirmation of the transaction is needed, say for an over-the-counter purchase of candy, it might be difficult if the customer isn't previously known to the store clerk.

So, for transactions between untrusting strangers that need instantaneous verification, Bitcoin needs to have some kind of system in place if it's claim to be a currency is to be seriously considered.

It depend on the country you from and what sites are you buying for because from there you may check how much the difference of each sites offering your items,but unfortunately if the product you wanted to buy is available in single company then for sure expect the higher value.though i have bought some gadgets using bitcoin before and i regret it because I realized how much i losses if the value of bitcoin pumped for tomorrow

It's extremely practical.  It's cheaper and more efficient, and those two advantages mean that it can revolutionize the global payments industry.

BTC can be a practical payment tool, but until now I have not found the Oline site accepting payment with the coin. Crypto coins are mostly unstable in value, every second everything can change and it's not very good as a payment instrument.

I really like using bitcoin as payment service. Like it is very easy to do all you have to do is have a internet connection then if you want to pay your bills like electricity and loads then just convert most of your bitcoin to the real currency then there you go you already paid your bills online.

depending on what you want to buy but I can tell you bitcoin is getting more recognised as payment processors day by day. I have also use bitcoin to pay for domain services before and recently I bought a motoralla phone from neweggs using bitcoin. this go along way to tell you that almost any service can be purchase this days using cryptocurrency. Just search for a particular ecommerce that accept crypto for your targeted services. good luck

I can not use bitcoin as a payment medium in my country. I can only use bitcoin on the deals and to use the shopping cart I will change bitcoin into fiat money. I feel unhappy about that.

I think I'm lucky enough to live in a country that has an awesome platform to pay your bill using crypto currencies such as Bitcoin, Ethereum, Bitcoin Cash and Ripple, actually, it's a combination of a centralized exchange that converts our crypto currencies to fiat and a payment medium that you can pay your bills whether its an internet or an electric bill and any kind of basic bills using your crypto currencies.
Here take a look at this restaurant/coffee shop in Switzerland.
https://i.imgur.com/I1W1cPX.jpg
https://www.youtube.com/watch?v=ZlyPNABZtHk (https://www.youtube.com/watch?v=ZlyPNABZtHk)
This video is about the lightning network but I just wanted to show you how cool this restaurant/coffee shop is, and you can actually buy food using your Bitcoin! and it looks pretty awesome. ;D

Credits to the owner of this youtube video. :)

There are very selective countries where you can use bitcoin as a way of payment. In my country, we cannot use bitcoin to make payments. I think it will take some more time to make this vision into reality in our country when our government understand the importance of the cryptocurrency.

Bitcoin has value and it can be transacted to any other bitcoin and the only requirement is the internet and bitcoin address so bitcoi can can be used as form of payment maybe not now but in future we will have the crypto currency era of paymet system.

Bitcoin payment methods can be assumed as much practical and the most digital. The payment processes go much smoother with bitcoins and the onky thing we need to wait for is the network confirmations. Bitpay has a quick payment option too where we do not actually need to wait for the block transactions.

Also coming to namecheap, they are really doing great by adding bitpay as one of their payment gateway for bitcoins and bitcoin cash transactions. That really makes purchasing the domain/hosting/etc from there without any great issue.

You can also try using bitcoins at a number of other sites. The number of platforms accepting bitcoins as a mean of payment are increasing rapidly so you can find any of the trusted store easily.

Actually, bitcoin is a popular payment currency in the dark web since few years later. It need to be adopted by peoples outside that too.
So, we can create more public awareness about bitcoin and crypto if we use it as a payment system.
If you asked how much btc you need to pay online services and goods, that will depends on bitcoin value against fiat currency.

Bitcoin is an digital currency and because of this it is mainly used over Internet for various purposes and for various projects. Bitcoin provide its user an safe, secure and fast transaction facility and bitcoin also charge less transaction fee too and because of this many people like to use it. And this thing make it popular among people and many online retailers and small business and shopping sites take advantage of this. They also provide bitcoin as a payment method to their user. Many international site also accepted bitcoin and this happens because bitcoin untroubled international transaction facility.

in many counties there is no such opportunity for using bitcoin as a payment service and people must use only fiat money.

Here in my country, store or even restaurant don't accept bitcoin as a payment.
You always need to convert it in fiat in order for you to spend it in my country.

Yes, i also think that Bitcoin should be used in the frontline platform, otherwise, it will be considered as a dark side currency in the future.

It is very much practical but first we need to sort out a lot of issues undermining this possibility. I'm a practical and more logical person and I have these few questions. What is the solution to the high volatility rate of Bitcoin in 2018? Will there be a policy to curb the activities of whales in the system? What policies does the Bitcoin platform operate on? Will there be a general governing body for Bitcoin/cryptocurrecny? these are some of the questions that I feel that if any step will be taking to use bitcoin for payment, the answers of these questions should be provided.

I don't think there is presently any merchant accepting bitcoin in my country. So what I do most times is to convert my bitcoin to fiat currency first and thereafter spend it for goods and services. I am happy to see that some projects are already dedicated to seeing that this is possible.

You can't do anything about whales or volatility. Volatility is probably always going to be a part of bitcoin given it's nature. Bitcoin is built on limited supply that gets even more limited as time goes on, so supply and demand comes into effect. I think the best thing we can hope for is some stability eventually, or maybe price increases and decreases happen at a slower rate. Ideally, I personally think bitcoin would be better if it just gained slow growth over time rather than having rapid spikes as it just leads to too much excitement and fomo, and then it's only a matter of time until the inevitable crash will come and people start panicking which just adds to the drop.

Bitcoin is very convenient, the only thing that make it suck is when the network is clogged and the miner fee is too high.

You can pay for your services and goods with any merchant that accepts bitcoin as a payment option. More merchants are even now accepting bitcoin as an option for payments. There is no dreaming about it  because it is real and this is a good news to all crypto family members. Bitcoin is expected to attract more merchants in the near future as bitcoin is aiming to be the preferred online payment option. So when next your making payment online check out the option for bitcoin and make use of it.

I think bitcoin has become a part of valuable assets, that's why bitcoin tends to be retained rather than bought on a product or item. and only a few online stores accept bitcoin as a means of payment and even with limited products. maybe we still need at least a decade more.

There are some sites that accept Bitcoin
The number is now increasing
As for the local sites and shops it depends on the legal Bitcoin mode there.

It depends if that place bitcoin was being legalized by their government and as what you have said some countries are adopting the same way and make bitcoin as legal payment method.

I make transactions and payments wherever I easily use btc to pay for my tuition with bitcoin even though only a few coins can pay for everything

I am utilizing most of my BTC as an investment for long term which I will make use of it in the near future. Some of my BTC are being used to pay bills online, some are being converted to fiat whenever I need funds for emergency uses. I believe that BTC will be widely adapted someday and more merchants will be accepting it as a payment. It is more convenient than the traditional financial system.

So for some it's an investment. But for others? It can be a means of payment if you have a place which will accept it. As acceptability of bitcoin and crypto grows, it will definitely become a more practical means of payment.

Bitcoin as a form of payment in physical stores or online, is somewhat complicated but not as much as you think. It is true that it goes up and down when you want, but the difference is nil unless something important happens. Therefore, when you want to buy something, do it.

if a lot of things can shop online with bitcoin maybe it will be very easy, but unfortunately in my country bitcoin transactions are still banned, I have never made any payments with bitcoin.

I agree with you for me it is actually easy for any payment for bitcoin but must be agreed first with the rights of the authorities and I think it should be permitted if there is no illegal or fraudulent problem

As of right now bitcoin is not the easiest way to pay for services on the internet or in physical stores but this is going to eventually change and things are going to improve once the lightning network is finally activated, there is a long way to go before that happens since the developers need to make sure that everything is all right before that happens.

So for the time begin it is a good idea to look for other options, this is especially true if you are looking forward to the future of bitcoin not only as a currency but as an investment since right now its price is very low compared to the all time high that we reached just a few months ago.

As an example of the practical use of Bitcoin (and several other cryptocurrencies) I can give my last holiday visit to Cryptobar in Tenerife (Canary Islands). A great experience to pay in BTC, and of course this is a cool place! I recommend!

https://www.tripadvisor.co.uk/Restaurant_Review-g659661-d13999155-Reviews-Cryptobar-Los_Cristianos_Arona_Tenerife_Canary_Islands.html

Bitcoins like other remittance services like western union is able to be used to make payment online in a fraction of seconds without interference of a financial institutions. It is this mode of payment that make bitcoins superior to any of the payment services available. Also, the ability to make anonymous payment is an advantage of using it as a payment service.

the practical way must be permission from the authorized person so I cannot force it and must explain it must be permission first and after permission can be explained how to pay bitcoin through the day

Absolutely safe and practical means of transaction, bitcoin is!! Actually there are many places where bitcoin has come to be recognized as a legal tender. And then there are many reputed multinationals just like SAMSUNG, that are supporting the crypto market in full swing!! SO it is totally ok for people to use crypto coins as payment option. But again the same thing, that cryptos are still not a legal tender in most of the countries!

I is very practical than we think because there are so many facilities that bitcoin network provide for its users like security, fast transaction speed and other essential once so if it is implemented correctly into payment options in the retail sites or any other business to allow there customers to pay via bitcoin the advantages and benefits that can gain for users and businesses are immense

i think transactions are slow..when they make superfast transactions then it be more practical, obviously

Well, bitcoin is very unstable so I'll say it's not that reliable when it comes to being a payment service. It certainly can be used as an alternative payment method, especially for big transactions, but both parties should be able to trust bitcoin completely.

Today, I think there are many online shops that accept payment using bitcoin. So no matter how much bitcoin you want to spend, it seems there will be no problem  :)

It's volatile, but it isn't really that volatile on a small, hourly level, and often even daily. You're unlikely to lose -- or gain much -- making day to day transactions expect for those anomalies where it falls by hundreds in a day, but those are luckily rare.


When was the last time you made a transaction (if you have at all)? Bitcoin is lightning fast these days and payments are practically as good as instant.

indirectly you want to use bitcoin for the sale and purchase of goods. but in my own country the application of bitcoin as a means of payment for purchases of goods has not been established, so it is likely that this is quite difficult for me to conclude.

when you use bitcoin in payment / payment you don't need a third person anymore, then transaction faster and there will be no double transactions, and there is no maximum limit in it.

It's a good option actually to have a payment option for bitcoin and it's pretty practical. So many online shopping sites a accepting payments via bitcoin and many more is on their way and it's a good way to create a demand and spreading of bitcoin by choosing bitcoin payment option. And I don't think there is any limit to pay via bitcoin. I mean you can pay via bitcoin as much as you want.

I also believe that Bitcoin as payment service is not practical.  One of the reason is the confirmation time. 10 minutes per confirmation is quite long, considering there are lots of blockchain that offers a shorter time of confirmation time.  I believe  if the confirmation stays that long, and Bitcoin is mass adopted, billions of money will be lost during those confirmation time.  (talking about processing of orders).

This might not be easily accepted because of its volatility in value, a wild swing in value makes it difficult for small businesses to absorb losses. Again, in countries like USA where the IRS consider crypto as a form of property, triggers a separate tax. Shops like Subway accepted it as payment for meal items but have to go the stress of converting it to be able to use for paying of bills. 

I have never used bitcoin as payment method before, and until now. Because i haven't found any online shop that accept bitcoin as payment. And there's nothing in my country like that as well. I really want to try at least once, but still haven't found the place to do so.
But i think it won't be as pratical as you think because people said bitcoin transaction took a long time, and the fee is kinda high so it will be a loss if we use bitcoin to buy something cheap. Like, we'll just waste it for nothing. Not really sure as well though, because i never experienced it before so can't really say much.

Herein my location i use bitcoin as payment using online wallet approve by the government
I use it to pay electric bill water bill buy a cellphone load etc
Easy and convenient to use no need to waste time to go in the payment center
Hope someday in the near future bitcoin can use payment all over the world use for online shopping

yes same here bitcoin as payment service is fast and good but there are sometime that the transaction got too long to confirm yet if the transaction overload in the bitcoin network will get fix it will be more convenient and great to pay using your mobile device or any gadgets to pay for your bills and other

This is not very far away of becoming a reality in bitcoin in the near future when the lightning network is fully operational but I will admit that you are right even a 10 minute wait is very long if what you want is to buy something in a grocery store, that kind of delay will be unacceptable, however when compared to bank transactions that takes days to confirm bitcoin can be incredibly fast since it can take you only a few minutes to send your bitcoin from one side to the world to the other.

And the fees compared to the banks are very cheap as well and all of that does not take into account all the hassles that bitcoin saves you, like having to justify why you are sending a lot of money to other account or even the possibility that your assets are frozen by the banks.

You can now find very few websites accepting Bitcoin as a form of payment because large companies still do not accept it as a payment currency online. But Microsoft is one of the largest technology companies in the world that accepts BTC and BCH as a payment currency.

Soon bitcoin will be accepting every corner store of the world! That is the way we all will get connected with one global digital decentralized currency, the currency for the people by the people.

So,practical if we use the bitcoin  as a payment method,because it can make your transaction payment easier and hassle free,becuase only things you can do is get your phone and then do your billing payment transaction and done,and even thoough in shooping some kinds of good stocks you only use your phone and making transaction then its done,thats why many country now using bitcoin as payment of there  billing and many other  transaction payment.

You are overthinking. Internet is designed in a way that it is almost impossible for it to stop working one day. This can however happen in situations like world war 3 but what will survive after such a war anyway.

Where I live, bitcoin is not used to pay for shopping. If you want to use bitcoin you must change it to your country currency then use it. But hopefully in the near future bitcoin will be widely used globally as a formal payment method.

I think the bitcoin's advantage as payment service are the fast and transparent transaction of their system and by using block chain to secure its details and cannot be compromise by other individuals who are using the same system as you do. Bitcoin can be used to buy other commodities and goods, and it is also the new way of money transfer and receive by electronically and digital process.

It is as practical as the systems allow it to be - it isn't bitcoin itself that poses the issues, its the programs which allow bitcoin to be accepted (and if people know how to use them/how easy they are to use)

Bitcoin is good at all and it is a good payment method and online users are usually paying in crypto and crypto currencies are the best solution for big payments, In the past paypal were the most popular payment method and now a days we can use crypto such as bitcoin is the best payment service, Crypto market is growing with new ICO and we can participate in it.

It's easy, convenient, less time consuming and very low fees i think this are the strong features of bitcoin when it comes to payment. Moreover you don't need to go to payment center etc, you can stay at home use your computer or android phone to pay someone using bitcoin.

Most of the people nowadays use their smartphones to do transactions like sending money or purchasing online. Isn't it convenient if you can just load up money and then you use it without 3rd party app services? Because those apps make deductions and it increases everytime the amount gets bigger and it always apply on remittances.

It can be compared to traditional means of payment, one has to have the address and the amount to send and then login in to their exchnage and send. This is the same as in case of traditional bank transfers, the thing that could be interesting in the future is NFC payments.

I don't think that it is possible in even close 20 years.
BTC infrastructure is poor, in most countries BTC is still illegal or it is impossible to pay directly for any product/service via btc .

Bitcoin features more as investment than payment because there is still very few merchants accepting bitcoin for goods sold or services rendered. In most of the countries, there is not a single merchant. With the latest developments in Germany where 25000 will be registered, things will improve faster.

I think bitcoin as payment service is very practical. It is more better than cash or in debit or credit card because it gives you less hassle. You can pay your service payment or service charge online using bitcoin is very convenient and smooth transaction because you can transact any time or any where once you have an internet connection. But I think it needs a better synchronize system between bitcoin holder go transfer bitcoin to any seller of any products or services that consumer will avail because online transaction is more risky than face to face selling transaction.

In my country, unfortunately, there are no services and sites that would accept bitcoins as payment.That's sad.But the potential for the spread and implementation of cryptocurrencies in everyday life is still very huge.Just at the moment, many do not know anything about bitcoin and new technologies.It takes time to implement.And the practicality of using bitcoin as payment is simply guaranteed.It remains to launch applications for mobile phones and conduct a marketing campaign and people using bitcoin will be very much.

in my opinion bitcoin was created to meet the needs of the economy by using advances in time and technology if developing technology requires practical, fast and efficient of course bitcoin fulfills that but in my country it cannot be done because the government still prohibits direct transactions using crypto currencies

Definitely, the efficiency that Bitcoin can give when it comes to a fast and secure transaction is superb and there is no doubt about that.
We all know that we are not living in the past where almost everything is done manually with a lot of effort needed, we are already living in a digital world where almost everything is digital and with just a click everything will be done easily and Bitcoin is part of this fast-moving technologies and innovations in our daily lives. Some people may not accept these kinds of innovation easily due to their way of thinking and beliefs in life but most of the people that are technologically aware of what's happening in our world will easily learn and accept the innovations presented to them.  8)
That's unfortunate for you that your country prohibits transactions with Bitcoin but sooner or later, hopefully, they will have a change of heart. :)

In my country, bitcoin has actually a lot of use when it comes to payment service. I mostly use it when I buy load. But it also can be used in paying bills (electricity, water) or in buying game credits. It's convenient to use.

the choice is not much, but maybe friends here have recommended that you can spend bitcoin.
I am not sure that bitcoin will be adopted and used as a practical tool for online shopping, because we know the value of bitcoin is very difficult to control. this is the basis of my judgment

If your intention is how much bitcoin you can spend on shopping, paying for services, and also buying goods. Then I will say there is no limit, as long as the store can accept bitcoin as a payment tool then you can spend your bitcoin there. So I think the method is very practical and the transaction will run quickly to wait for confirmation if we compare to make payments using fiat to transact between different countries.

I guess, people that have many Bitcoins which they managed to buy or mine when BTC prices were very low can find it practical to use the cryptocurrency for payments. The average investors and traders will hardly buy anything for BTC.

Bitcoin is a virtual currency that is decentralized and accepted for online payments for goods and service . Bitcoin though not accepted by all online merchants but in no distance time more online business will adopt bitcoin as payment processor. The first action to take if you want to make payment with bitcoin online is to check for the merchants payment processors that is acceptable to them. Once bitcoin is one of the payment option, then you log into your wallet and transfer the exact amount needed for the payment. It is fast and safe provided you secure your private key.

This is more practical since you don't need to waste time to withdraw or deposit money in purchasing items and services. Most of the bitcoin wallets online has an option to transfer it or withdraw it in some banks. It's also more efficient and reliable. Efficient because you can pay your bills in just 10 seconds. Reliable because you can transfer it to a lot of ways.

As for me, a very convenient form of payment without the presence of third parties in it Is also convenient to track your own transaction !

Unfortunately, the range of goods and services sold now for bitcoins is not so great(but we are working on it.I recommend at this stage not to use bitcoins for purchases.Now it is extremely not profitable.They are better to save up and to the best of times.Use your Bank cards while they are still needed))) for that matter,it is better to sell something for bitcoins.

I do not know if bitcoin is going to be so widely adopted but I think we will come to the point in which most major stores will decide to accept bitcoin in the future because if they do not do it then they are going to lose customers to the businesses that do accept bitcoin as a form of payment, we are seeing an example of this in japan in which there are many stores that accept bitcoin and I really hope this is a tendency that will spread through the world.

But for that to happen a lot of things will need to change, first of all we need fast confirmations, cheap fees and more importantly we need a way to diminish the amount of scams in the market, something that as you may guess is not easy at all.

I think payment using bitcoin is practical, it can only scan barcodes, or just transfer to another wallet. can direct transactions between countries, long distance easily without having to go through a complicated process. so it's very practical.

Bitcoin as a payment service in practical is simply possible. This is all through the adoption that is happening all around as well the user friendly applications that are getting into usage. Initially people will feel some difficulty in using the services, which further let's them use it same as that of using PayPal and other services.

Talking pratical use for bitcoin payment, i use bitcoin as payment method if i have no time to go in the payment center, i use my local wallet to use bitcoin as oayment via online is practical way because i am not using more hours to travel into the payment center.

But as of now using bitcoin as oayment isn't pratical becuase their price in in the lower price nit pratical to use, this time need to hold the bitcoin for long term.

Bitcoin used as payment service will be a good way of creating a wide range commodities that will soon be considered as the good adaptation of the crypto currency, For now it is used to buy some things in the store, But soon I think it can be also used for payment services.

Until now, Bitcoin's use of payment is more to the upper middle class who better understand digital technology, and do not want their identity to be known publicly. Because bitcoin ownership is anonymous, making some people like it rather than payment using fiat money. What makes it practical is the peer to peer system, direct transactions even between countries.

Bitcoin is a decentralized and accepted virtual currency for online payments for goods and services. Bitcoin is more practical because it does not need to waste time to withdraw or deposit money in the purchase of goods and services. Most online bitcoin wallets have the option to transfer or withdraw them in several banks .

Talking about your country government accept in Bitcoin?if you have then you can use Bitcoin payment for shopping.i know many development countries already accepted in Bitcoin payment system for shopping,buy foods and others service.it is the good opportunity to buy online shopping system likely Bitcoin world.

in my area I don't find so many practical ways of using bitcoin in my daily life, nevertheless there are a few online services/shops/persons that are accepting bitcoin and the number is increasing...
What I think mostly everyone does is having an account that allows you to deposit bitcoin and convert it to fiat, directly (linking an exchange account with your fiat bank account), or using a card from the company that supplies the service, and the availability of the card, depends on the country you are in

I think 10 minutes of block time makes it somewhat uncomfortable for fast purchases.

However, there is still a problem when it comes to stability. Just look at what happened last December when there are people flocking sending coins and the result is that a high transaction fee because people just want to make their transaction fast so they are willing to pay higher that's why it keeps going up. It would take a few minutes as well or hours if the network is really clogged for you to receive or send coins. For now, it wouldn't be able to carry the volume if more people will be using it same as PayPal but then it would be resolved in the future.

the transaction time depend's on the fee that you put before you send the payment , the higher the fee the faster the process and the lower the fee the slower it takes to mine the blocks ( vice versa )  .  i forgot that it'll also depend on how congested the network is  .

now if someone would say that bitcoin is practical as a payment service , id say no it isnt because as on what i understand the term practical means cheap but bitcoin payments arent really cheap at all  .  there are still other payment methods  out there that we can use for free without any charges like fore example paypal .

Oh yeah thats a good addition maybe if the sites acceot Lightning Bitcoin then maybe its solved or other cryptos like Dogecoin

Compared to cash and credit/debit cards, bitcoin is definitely easier and more ideal for one simple reason: the transaction is much faster and easier, all thanks to blockchain technology for making it possible.

Bitcoin is an outstandingly easy way of payment - especially (but not only) for cross-border transactions. The experience would be even better if businesses accepted Bitcoin natively without the fiat conversion crap. But this will need some time to happen... For now any business that accepts Bitcoin is a big win for our free decentralized market money.

I've used bitcoin to pay for stuff when I wanted a degree of anonymity and when I did not trust the retailer enough to use a credit card. However IMO, using bitcoin for retail purchases is bad for bitcoin when the retailer (or the payment service) will immediately trade it for fiat, putting downward pressure on bitcoin's price. I think bitcoin's price and market cap needs to be much higher in order to reduce its price volatility and increase its utility as a medium of exchange.

a natural thing, make bitcoin as a payment tool for online shopping needs.
but in my opinion, if for shopping needs and doing transactions using bitcoin, depending on the bitcoin you have, try to make a percentage based on your bitcoin asset allocation. For example:
- 30% for investment
- 50% for trading
- 20% for shopping
with these references you have the limit to use bitcoin as best as possible. there are times when you collect profits, and there is a time for expenses, so there is a balance in managing your bitcoin assets.

Unfortunately my government still not agree with cryptocurrency because they still categorized as criminal money.
Personally,  bitcoin is a new way to transaction, transaction that can be done with internet not similar with CC, it can be use for transferring all money around the world which IMO will increase global mobility for better future !

It is not popular as the payment system now. When several years pass, and having Bitcoins in a wallet will be a norm, people will be more active to buy and sell things for crypto.

I paid using by btc to bought domain in https://www.namecheap.com/ but i send btc from coinbase wallet https://www.coinbase.com/
and may be namecheap received after few minutes 200 confirmation good working payment service i think.

I believe utilizing cryptocurrency such as bitcoin because repayment is extremely useful. It's safe to transport anyplace as well as at any time. Whenever you want to journey in a nation, we are able to utilize bitcoin with regard to repayment within vendor as well as I believe it's truly useful.

I think not only for the upper middle class, this is only a part for people who are interested in knowing what bitcoin is, even the lower classes can use bitcoin as long as they are able and understand to use it, I think it is easy and suitable for current economic progress.

There are not so many options with products and services where you can pay with a bitcoin. The selection is getting wider every day but at the moment it is not really a comfortable method of payment for me. It needs more time to expand.

Not only in your area, my friend. I think, the number of the sites and the places where you can use Bitcoin to buy or sell something is not great. But in time, everything will change.

I would say that it can be a good payment method since like any other internet based payment method, it can be really convenient since today's era is so much inclined with the use of the internet. Online payments, these days, are very much widely accepted, and since cryptocurrency is one of those available options, people would soon enough accept it if it will be introduced properly for the people to totally embrace. However, the main challenge is the availability of the coins that are willing to be accepted by people.