ICO Lancer (OP)
Newbie
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Activity: 182
Merit: 0
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March 25, 2018, 12:58:54 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story.  |
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temilade200
Jr. Member
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Activity: 378
Merit: 2
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March 25, 2018, 01:05:08 PM |
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I have had transaction just once i think, using BTC and it was not stressful doing it. Although i was very curious at first and there was this anxiety because it was my very first time. It was a landed property i wanted to buy and the person told me that i have the option of paying either with fiat or Bitcoin. He was a well known person and i was not afraid of dealing with a fraudster. It went smoothly and the transaction was closed perfectly well. That does not mean that i can have a transaction of such nature with just anybody.
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MoonIsBlue
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March 25, 2018, 01:09:11 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. Never really had a problem paying with BTC trough payment processors like BitPay. Transaction fees we're not a problem and the waiting time was like five minutes. |
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hase0278
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March 25, 2018, 01:09:38 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. I have had experienced paying btc in steam to buy a game when it was still accepting bitcoin. The experience IMO is just like a normal transaction but it is more convenient. I didn't have to worry about the transaction fees and waiting at that time since I have done the transaction way back before halving where transaction fees aren't that high and bitcoin's blockchain is not that slow. I have no recent transactions besides that as I like to buy things offline if it is available on local stores near me. |
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Jorosss
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March 25, 2018, 01:10:32 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. The experience was superb in spending my bitcoin, i am paying utility bills and internet bills using my bitcoin in online website. Its very convenient to use because i do not need to go outside my house for paying bills, i can now skip those lines in paying bills. |
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jdeanne92
Member
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Activity: 392
Merit: 10
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March 25, 2018, 01:11:56 PM |
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It was a smooth transaction. The waiting time is much less on what i have expected. Regarding the fees, it was ok.
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VenturaBro
Newbie
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Activity: 168
Merit: 0
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March 25, 2018, 01:18:02 PM |
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The only question I have is, what's the incentive for store owners to accept crypto? I imagine most people would pay only for the gimmick of it at the beginning but then switch to card or cash. It's just way faster, trouble free and so on. What's the point? What am I missing here?
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Coffee135
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March 25, 2018, 01:24:18 PM |
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I buy mining equipment for btc. This is the only opportunity for me to shop directly for btc. We hear a lot about this possibility, but when it comes to specifics, we don't see any real proposals. This makes us dependent on Fiat and makes us vulnerable to banks. I look forward to the day when btc will be accepted for payment everywhere.
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manlyxman
Newbie
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Activity: 168
Merit: 0
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March 25, 2018, 01:27:25 PM |
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Putting aside the convenience factor, I think it's one step closer to the future. Getting people to pay via btc is the first step.
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khufuking
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March 25, 2018, 01:27:38 PM |
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In my country paying for mining hardware with crypto is a common thing , sellers here will always offer you the option of paying with crypto as well as in cash , some sellers offers to buy from amazon for you with small % added and you pay them with crypto something like purse but local and face to face .
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befriendmywater
Member
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Activity: 658
Merit: 10
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March 25, 2018, 01:29:52 PM |
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I do not have any experience when paying with bitcoin. Because my country is not for bitcoin, they prohibit bitcoin. So my country does not have a bitcoin payment service. We can only pay by cash or by credit card. It was quite a disadvantage for me to put all of my assets at USDT.  |
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mithrim
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March 25, 2018, 01:30:51 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. Do you mean online or in a store? Because both is real life  I used Bitcoin several times online, even several years ago which... I regret - a bit. I used DGB in a store in the Netherlands once, was pretty easy but also a weird feeling. What I learned from it though was this: Never, EVER check the prices after you bought something, else you end up with jeans for $8k  |
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mpufatzis
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March 26, 2018, 09:47:38 AM |
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In the town, I'm living there is no one accepting cryptos. Just an accountant who accepts Bitcoin, but I don't need an accountant. So my experience is zero. I've made some transactions myself to see how to use a wallet, and that's it. I'm planning next month to travel to a city, where they accept cryptos and there are 2 or 3 ATMs selling and buying them. This one will be my 1st experience and I hope not the last one.
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geyayy
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March 26, 2018, 09:57:22 AM |
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In my country, cryptos are used for online payments for almost the necessary bills for the household. You can also pay your credit cards, bank loans, and even buy game credits and cellular loads. Regarding the transaction fee, there are some banks or bills that doesn't have fees but if there is, I would say that it is at minimal maybe 5% at highest. The transaction time is maybe atmost 2 or 3 working days depending on the amount of payment due. The larger the amount, the longer it would take.
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Leftneck
Member
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Activity: 476
Merit: 10
A Blockchain Mobile Operator With Token Rewards
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March 26, 2018, 10:03:43 AM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. I once paid an item with bitcoin one day my friend sells the phone to me, but I do not hold cash money. luckily my friend also play bitcoin like me, then i discussed to pay it with some btc, finally he agreed  |
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galkinn
Newbie
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Activity: 45
Merit: 0
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March 26, 2018, 10:31:58 AM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. First time I payed with crypto, I was scammed by the seller. Thereafter I use escrow and it had been a good experience thereafter. I recommend everyone to use escrow for bitcoin transactions. |
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bittick
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March 26, 2018, 12:06:24 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. I ever paid steam games and used bitcoin debit card service. I dealt with it when bitcoin doesn't get any scalability fixed, and I was spending a high fee to do a single transaction. But it looks like scalability problem of bitcoin getting fixed right now. This time I was only using a debit card from tenx. |
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radar19
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March 26, 2018, 12:17:12 PM |
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Have you ever paid for something via bitcoin? What was the experience like? How did you deal with the transaction fees and the waiting time? Share your story. once I payd by Bitcoin for my Yoga Teacher Training Course. I wanted to avoid big commisions of PayPal and thought that Bitcoin commisions is lower. I was wrong. It was almost same) 15$ for one transaction. This is too much. When is Lightning Network start working? |
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