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Author Topic: Is bitcoin can be used as a method of payment online?  (Read 4291 times)
Ryananda (OP)
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June 27, 2016, 08:11:31 AM
 #1

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
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June 27, 2016, 08:16:26 AM
 #2

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?

There are already merchants that accepts bitcoin as payment method.

Bg whales will not make some trend to increase or decrease the price just because of that.

Also companies that offers full bitcoin services are not affected with the price change since they are dealing with bitcoin most of the time e.g BTC1 = BTC1.

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June 27, 2016, 09:21:12 AM
 #3

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?

yes it can be used as an online payment method and it is being used as an online payment method already.
the biggest company that recently started accepting bitcoin was Valve (steam).

what these companies can do is that they mostly accept bitcoin through a payment processor service thingy like bitpay which then pays valve the money not bitcoin so they get their money while customers are paying bitcoin.

Only Bitcoin
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June 27, 2016, 09:26:11 AM
 #4

There are already people who accept BTC as payment for particular products. There is even a website that I know that allows Bitcoin as payment:

https://spendabit.co
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June 27, 2016, 09:28:53 AM
 #5

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
Yes, I think the Bitcoin can clearly be used as an online payment method, since it cost low transactions fees compared to banks, and fast transactions.
Me, I save some Bitcoins to buy a steam game.
This is especially to try the online payment system.
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June 27, 2016, 09:31:44 AM
 #6

I think you can buy about anything you need with BTC nowadays... Maybe the vendors don't accept BTC directly, but services like purse.io, the service of shopemnl, prepaid credit cards, vouchers on this site,... allow you to use your BTC for about anything.
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June 27, 2016, 09:42:09 AM
 #7

I'm pretty sure most Bitcoin transactions are from online purchases. Many companies allow merchants to accept BTC and instantly change it to USD.

For example, I want to buy something worth 0.01 btc. the Merchant uses Coinbase. Coinbase accepts my BTC payment to pay for the invoice, while the merchant gets the payment in USD from bitcoin, which $6.57, minus the Coinbase fee.
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June 27, 2016, 09:48:24 AM
 #8

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
yes of course. I can use him to load my cellphone. or he can buy the chaff with Dota 2 or it depends on the payment you accept bitcoin. Smiley
Nevis
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June 27, 2016, 09:50:59 AM
 #9

There are already people who accept BTC as payment for particular products. There is even a website that I know that allows Bitcoin as payment:

https://spendabit.co
yes i agree with what you said. Many recipients of BTC because much better than money because he was allowed to rise because the prices of BTC and will earn cape.
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June 27, 2016, 12:03:39 PM
 #10

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?

There are many sites where Bitcoin is already used as a method of payment online. I think in the nearest future all sites will accept Bitcoin and those who won't will be losing money.

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June 27, 2016, 04:59:23 PM
 #11

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
if you have question like this,and you post on bitcoin forum,clearly you are a newbie.
Quote
Is bitcoin can be used as a method of payment online?
of course bitcoin can used for online payment method,people use bitcoin for it,and some people use for investment,trading,and payment.

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June 27, 2016, 05:05:07 PM
 #12

Yeah there are places but not all that many.  There's some sort of bitcoin debit card, too, which I think allows you to use btc for anything.   I've never used it, as I don't care to spend what coin I have.  Why spend it?  I have fiat to buy things with.

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June 27, 2016, 05:41:18 PM
 #13

It's already used as an online payment for many websites.
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June 27, 2016, 05:46:52 PM
 #14

Bitcoin is being used as online payment though it doesn't have vast network but in near future it will dominate this industry as well.There are lot of merchant which are offering acceptance in Bitcoin.Bitcoin is being used as online money transfer and has fast growth in remittance market.It is matter of time to see more adoption.
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June 27, 2016, 05:49:47 PM
 #15

Bitcoin is already payment method in online gambling specially.Where people prefer to use it as it provides not only flexibility but privacy and freedom.Similarly most of bitcoin used is for online money transfers.It has made its way successfully in online payments.

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June 27, 2016, 05:58:26 PM
 #16

Bitcoin surely will be used as online payment method at large scale in future.It is seamlessly already in use but people who use it are in small number.I also use it as online payment method to send and receive money and to play gamble with it.
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June 27, 2016, 06:06:38 PM
 #17

It CAN be used as a payment method but it doesnt look like thats going to be the route its going to take unless its for big orders. It will be interesting to see how segwit manages micro payments . More often than not bitcoin appears to be either an asset that people buy and hold for the hope of an increase in value or purely just to trade and make profit,

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June 27, 2016, 06:12:11 PM
 #18

There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
bitcoin is the simplest for paying things online, since you dont need to upload your identity and prove who you are, that makes bitcoin being popullar method of payment right now, about it's volatile i think there are some service like bitpay that can convert your bitcoin imidiately to fiat when you make a transaction, so i have any doubt that bitcoin can be used as payment method infact bitcoin belong to be method of payment.
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June 27, 2016, 06:19:18 PM
 #19

bitcoin has been very good for the means of payment, the transaction very quickly, I think would be an alternative bitcoin payments on the internet are very good, especially when everyone is already receiving bitcoin

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June 27, 2016, 06:33:27 PM
 #20

yes i think so. actually you can covert your flat currency in to bitcoin and then you can send it directly to the desire address and can also change the bitcoin in the required currency. so i it is the most easy method of payment online. you can also do the payment directly in bitcoin.
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