Is bitcoin can be used as a method of payment online?

[lightyard12]

Yes, personally, I see bitcoin as a payment system, while others may see it as an investment or even both.

[Xester]

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 is no need to worry there are sites who offers a freeze to your bitcoins value. In the Philippines we have the so called peso wallet wherein when you are given 1000 pesos worth if bitcoins even a year later it is still a 1000 pesos worth of bitcoins. That is a good feature of coins.ph, I just don't know if it is available in other countries.

[densuj]

Yes, personally, I see bitcoin as a payment system, while others may see it as an investment or even both.

Yes are right, but for today is not many people use bitcoin as payment method on Internet. Because it is new and The price is hight fluctuating need more time until every people use it as payment method for online shop.

[Enotche]

I consider that Bitcoin actually been created for online payments for goods and services.Unfortunately not yet in stores everywhere online Bitcoin can be used, but it does not stand still, more and more stores are beginning to work with Bitcoin.

[Leonard2016]

bitcoin is being used as a method of online payment and it is in fact the best method of paying online. it is so good, there is nothing even close to it,even paypal and all those other payment processors can't compete with bitcoin.

[ausbit]

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.

How was it in a bad way? That's exactly how it is. Bitcoin's value is dependent in USD (or any other local currency) which is why it is first converted to that amount before you buy the goods.

[sobsitesearch]

As of now more online shops accepting bitcoin as mode of payment and i think in near future all of online shops will already accept bitcoin because the popularity of bitcoin will be better in the future.

[Mayuyu48]

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?

That's the whole point, bitcoin can be used for online payments. When something is listed in btc for payment online, the btc price is dynamic, meaning it changes with respect to the change in btc price while the fiat value of the product remains the same.
So yeah, bitcoin definetly can be used for online payments and transactions.

[nejibens]

Yes, bitcoin can be used as a method of payment online, and it's already used in more than marketplace online, it's a full currency just like, and even better, of the other currencies.

[hermanhs09]

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.

Why do you think so?
You can convert btc into fiat very fast,and many online stores accept bitcoin payments,even when they ship wares to your house.
So what the hell are you talking about?

[The_prodigy]

Yes, Bitcoin can be used nowadays as payment online. For example, when buying steam wallet, garena shells and even prepaid loads. And even some stores now area accepting bitcoins as mode of payment. Here in the Philippines, we have this kind of wallet that is very convenient. You can convert bitcoins into peso instantly, You can buy loads and game credits using bitcoins as payment. And it doesn't require bank account to be able to have your payout. Which is a good thing for us who don't have those requirements.

[bapparabi]

Bitcoin is already used as a means of payment online. We can buy most of the thing with bitcoin now days. Even we can do mobile recharges with bitcoins which is our daily requirement and its use will only increase online in future.

[outatime1]

Some merchants accept bitcoin as payment online. I used bitcoin at Overstock.com but it's been a while so I don't know if they still accept it.

[bravehearth0319]

absolutely yes! there are some merchants here who accepted bitcoins as method of payment, some are restaurant which is located in civilized places, but only few merchants.

[ranochigo]

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?

Most webhosting services accepts Bitcoin as a payment method simply due to its convenience and low fees. Even though volatility is a problem, most merchants can easily send the Bitcoins to exchange and exchange for fiat everyday to reduce/prevent loss. Most merchants I have seen uses Bitpay which offers merchants the ability to convert Bitcoin to fiat instantly when the customer pays.

[emberbekas]

Certainly can. Many online merchants already use bitcoin as a payment and I am sure in the future there will be more merchants will accept bitcoin as a payment. Public confidence in the bitcoin is growing from day to day.

[rickadone]

Certainly can. Many online merchants already use bitcoin as a payment and I am sure in the future there will be more merchants will accept bitcoin as a payment. Public confidence in the bitcoin is growing from day to day.

Not just some merchants, but even the 'bigs' are accepting bitcoins as payment now a days.
Notable mentions are Samsung and Microsoft. Steam as well, I believe it deserves a mention in this. Very sooner we are going to use the term "everywhere" for bitcoin as a method of payment online.

[frankmb]

A lot of merchants in my country who accepted bitcoin stopped accepting it on their websites unfortunately, but it makes sense since the price is not very stable and they will go for something secure instead. The seed banks and growshops here still accept it widely but that's because criminals here just love the coin and are willing to pay more in btc compared to euro for their anonymity.

[doctor877]

There are many sites accepting bitcoins as a payment method, in near future many sites will be accepting bitcoin, why because even though they are holding bitcoin and selling product bit higher price for bitcoin. After attaining good price for btc than they are selling the btc.

[trafficolaa]

So many merchants already accepting bitcoin as payment method so that i can purchase some stuff online easily, bitcoin is very flexible payment processor to run online business, in future we will see more big companies will start accept it.