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Author Topic: Is bitcoin can be used as a method of payment online?  (Read 4253 times)
Hirose UK
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July 05, 2016, 04:11:47 AM
 #81

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?

of course. some online shops here, in my country, accept bitcoin as payment. according to one of owner of the online shop, my friend, bitcoin is good investment for thr future. he really loves bitcoin. so maybe that's the answer why bitcoin can be used as payment

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July 05, 2016, 04:47:04 AM
 #82

Yes Bitcoin is used as a payment method and now a days it is used by many merchants that accepts bitcoin as a payment method because it is very fast and has low transaction fees.....

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July 05, 2016, 04:53:23 AM
 #83

Already there are lot many stores in various countries accepting bitcoin into their business. Some making it through intermediate who pay the store in term of dollars but user pays in terms of bitcoin. It takes time for getting more users involving in direct usage of bitcoin. Now very limited users does it.

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akogwapo14
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July 06, 2016, 08:00:22 AM
 #84

Its already happen now bitcoin is already use as mode of payment online peer to peer transfer.and many online shop already accepted now bitcoin and many more choices soon to open .
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July 06, 2016, 08:48:47 AM
 #85

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?

Use a bitcoin payment gateway.They always update the price, so there is no need to change it manually.

I guess you don`t understand how a btc payment gateway works and that`s why you are asking this OP.

 

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July 06, 2016, 09:00:20 AM
 #86

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?


Certainly! Bitcoin is a decentralized peer to peer digital currency. So most definitely you can use it for online transactions. But my opinion is that, please don't use. Because you will be spending a fortune for silly things.

Buy superbikes and cars with bitcoin is ok. They may be in your dreams and you always wanted to get one. But buying mobile recharge and daily groceries is not ok. Fiat is the best things to spend for that.

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July 06, 2016, 09:03:15 AM
 #87

in Italy almost no one accepts bitcoins but there is some international shops that accepts it! Grin
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July 06, 2016, 02:14:34 PM
 #88

in Italy almost no one accepts bitcoins but there is some international shops that accepts it! Grin
Good thing to see for your country. Does your country support bitcoin or they are neutral towards it? I wonder why people didn't want it because Italy is one of the developing countries I know. Bitcoin should not be new to them.
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July 06, 2016, 02:17:57 PM
 #89

In my country bitcoin can be used already as a mode of payment for online transactions there are some developed website and app that's providing a services where you can convert your coins to fiat and cashout from banks and remittance outlet . And also they are providing a service where you can directly use your bitcoin to pay you utility bills , internet , school bills and etc .

Same is the case in my country. I can pay bills and top up mobile online with bitcoins and also buy things with the coins which are available on-line. For physical stores, there is no option of bitcoin and We can only use Fiat there.
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July 06, 2016, 03:18:53 PM
 #90

in Italy almost no one accepts bitcoins but there is some international shops that accepts it! Grin
Good thing to see for your country. Does your country support bitcoin or they are neutral towards it? I wonder why people didn't want it because Italy is one of the developing countries I know. Bitcoin should not be new to them.
in all stores that i asked if they accept bitcoins they did not know what it were Sad
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July 06, 2016, 03:24:49 PM
 #91

Bitcoin is more like gold than a currency, because the price fluctuates too much so at least me personally I tend to use it like I would use gold, this means that I don't usually use it to pay for stuff, I just hod it as an hedge against the collapsing financial system.
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July 06, 2016, 03:51:21 PM
 #92

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
Thats true.Most people here like me are already doing it and prefer to do it
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July 06, 2016, 03:56:50 PM
 #93

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
Thats true.Most people here like me are already doing it and prefer to do it
its really cool to be honest that the people are starting to accept bitcoins and starting to pay with bitcoins, i think that the price of the bitcoin is going to grow a lot in the future

 
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July 06, 2016, 04:13:03 PM
 #94

There are merchants who accept bitcoin as a payment method and I think they are comfortable with it even if the price goes down they certainly have a way of adopting to the flauctuation in price.
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July 06, 2016, 04:15:06 PM
 #95

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
Thats true.Most people here like me are already doing it and prefer to do it
Wow! It's so nice to see bitcoin is making a big progress in our country and I hope it will develop more. I just really want atleast one big merchant to accept it like amazon or ebay. If that will happen, I will already be happy to use it and never convert it to cash.
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July 07, 2016, 11:30:42 AM
 #96

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?


Certainly! Bitcoin is a decentralized peer to peer digital currency. So most definitely you can use it for online transactions. But my opinion is that, please don't use. Because you will be spending a fortune for silly things.

Buy superbikes and cars with bitcoin is ok. They may be in your dreams and you always wanted to get one. But buying mobile recharge and daily groceries is not ok. Fiat is the best things to spend for that.
Yaa bitcoins can be certainly used as a method of payment online. The thing is most people see bitcoins as a investment so very less people use it for the payment.They trade it later for high profit. I guess it is the right thing to do rather than spending your bitcoins to buy stuffs.
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July 09, 2016, 12:14:33 AM
 #97

There are merchants who accept bitcoin as a payment method and I think they are comfortable with it even if the price goes down they certainly have a way of adopting to the flauctuation in price.
it is just a good news i am hearing from you. i think that is such a good news. in our area the merchant do not know any thing about bitocin they have no knowledge of internet and specially bitocin. but i think there are so many other places where bitocin will be use as for the payment online.
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July 09, 2016, 12:18:54 AM
 #98

Yes you can , you can used it for recharge your mobile phone , buy the clothes , electronic , and buy some digital goods.
And in the future bitcoin can be used for offline shop .

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July 09, 2016, 01:05:20 AM
 #99

It's already being done, but in a bad way. Take BitPay for example. They take your bitcoin and instantly sell it. That's not good. You want to keep your bitcoin unsold, so it's best to use a bitcoin supporting payment method.

looking for a signature campaign, dm me for that
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July 09, 2016, 01:29:25 AM
 #100

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?

Many popular websites do accept bitcoin as online payment method, for example fiverr accepts bitcoin (even though it take a small fee for processing the order), then we have seen newegg etc. Bitcoin has potential to be included also on popular websites like amazon and ebay but needs time and bitcoin network needs to be imporved.
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