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Author Topic: Daily use of bitcoin?  (Read 42050 times)
Mkmanik
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February 02, 2017, 03:31:28 AM
 #221

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.
it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me. Smiley

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February 02, 2017, 04:58:28 AM
 #222

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.
it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me. Smiley
We have the same situation, but I don't see it a big problem, we are in the process and people are just adopting and for sure in the long run we will gonna see that. Be positive and put your patient high, what is important is we were able to enjoy our bitcoin in other ways. I don't mind if I cannot use my bitcoin daily as long as I can earn it.

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February 02, 2017, 05:27:18 AM
 #223

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.
it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me. Smiley
These are early days of bitcoin, and we can't really expect people to know much about bitcoin, especially merchants who are not that tech-savvy. The good thing is we are seeing improvements little by little. In my country, exchanges are now popping up left and right, they are expanding their services and accepting bitcoin as payment for mobile reload, utility bills, and partnered with international online shops that accept bitcoin. Five years from now, I think the number of merchants accepting bitcoin would more than double.
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February 02, 2017, 05:29:18 AM
 #224

Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options. 
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February 02, 2017, 05:51:11 AM
 #225

Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options. 

Another one missing the OP... Probably a farmed one...

Anyway, with regards to the OP's question, I think it's not that big problem really if the companies are going to use what the digital goods buy and sell websites use... I don't see delays as a problem on that case... But if we are going to use the ordinary way of receiving and waiting, that's gonna be a hassle...  Smiley

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February 02, 2017, 06:08:59 AM
 #226

I don't have where to use bitcoins in my daily life, that's why I don't think about slow transactions. When I need something I do on time and I don't bother with confirmation.
I will need to wait few more years before bitcoin come in shops in my city, maybe more. For now there isn't even talking about it.
Same here but slowly slowly the services are starting in my country but in another states I hope within two to three years the services will came in my city also .
Here OP is asking to the waiting for the approval of the pay , which is a very big matter in bitcoin payment .
Since we can't pay much transactions amount for the single transaction , So here I think  be there will be provide the option to deposit Earliar before making purchase .
For examples if we are making bitcoin at cloudbet.com then we need to deposit first then we can place our bet , in the same way Starbucks like services may adopt or already have these facilities .


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February 02, 2017, 06:18:27 AM
 #227

Daily use bitcoin can be trading, buying and selling goods by using bitcoin. Gambling with bitcoin or investing money in bitcoin are good options. 

i am using bitcoin for my daily trading like other members, but i only use in internet and not in my real life because until now, i can not found there is any local store that want to accept bitcoin as their payment so i am fine to use my bitcoin for just trading or just playing gambling. i am sure that i can use it in real life and online life.

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February 02, 2017, 06:18:40 AM
 #228

In my country as I know, for the moment it is very difficult or even not yet exist that use the bitcoin for daily use to buy necessities like food, I just buy Pulse mobile phone. I need to convert the Bitcoin to local currency if want to buy or pay like electricity bil etc, but for me it's not a problem, because there's exchange who provides withdrawal with local bank.
When we use the bitcoin for daily use usually a store that provides Bitcoin as a payment requires only 1 confirmation to process our orders and buyers can use the fee that corresponds to the number of the bitcoin will be used to made confirmation fast.
But anyone here use Bitcoin to buy coffee on starbuck? it's offering only in a couple country or all country that strabuck operate.

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February 02, 2017, 06:29:27 AM
 #229

I do not routinely use the bitcoin main reason, because most transactions that I do is with fiat money, a lot of my friends who still don't know, so complicate the bitcoin I to send money to them.
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February 02, 2017, 06:40:22 AM
 #230

I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.

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February 02, 2017, 06:53:41 AM
 #231

I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.

Of course are all doing this, we earn and we use but what OP wants to know is if it is convenient to use bitcoin in real life that you have to wait for the transaction to be done before you could leave.

I do not routinely use the bitcoin main reason, because most transactions that I do is with fiat money, a lot of my friends who still don't know, so complicate the bitcoin I to send money to them.

True, but supposed that one day we will be allowed to use bitcoin in real life, are we going to have a problem with using it?

Anyway, I think it's not a problem really, it's been mentioned many times before here that if we are not going not going to wait for the confirmation, then it won't take long.

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February 02, 2017, 10:07:54 AM
 #232

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

You are lucky you would use bitcoin in open market like Starbucks. Because in my country, i don't have any place where i could use bitcoin openly. That's why i don't know exactly how many time you required. But i believe if we have a facility to use bitcoin than definitely bitcoin give us facilitated to use less time.
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February 02, 2017, 10:22:47 AM
 #233

I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.

Can you meet your daily basic needs with bitcoin? Market shopping, clothing needs etc.

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February 02, 2017, 12:08:57 PM
 #234

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.
it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me. Smiley                                     
These are early days of bitcoin, and we can't really expect people to know much about bitcoin, especially merchants who are not that tech-savvy. The good thing is we are seeing improvements little by little. In my country, exchanges are now popping up left and right, they are expanding their services and accepting bitcoin as payment for mobile reload, utility bills, and partnered with international online shops that accept bitcoin. Five years from now, I think the number of merchants accepting bitcoin would more than double.
bitcoin is very new. it still require a lot of time to become more famous and when majority of people will start using bitcoin may be then they will find opportunities to use bitcoin in local shops buc currently most of the shops keepers are not accepting bitcoin because they have no idea about bitcoin. i think they also need good knowledge about bitcoin so that they can understand the importance of bitcoin and then they will also start accepting bitcoins.
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February 02, 2017, 12:34:04 PM
 #235

for the moment, I do not use bitcoin every day. Well, I limit the use of bitcoin maybe 4 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use.
it is one risk. we could easily spend money that we have. with bitcoin transactions can be done anywhere and anytime we are. we should really take advantage of bitcoin.

In my country, spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.If I want to buy something, ifirstI have to sell my bitcoin with local currency and after that, I can spend that money for shopping.But i can spend my bitcoin online very easily.Its a plus point for me. Smiley                                     
These are early days of bitcoin, and we can't really expect people to know much about bitcoin, especially merchants who are not that tech-savvy. The good thing is we are seeing improvements little by little. In my country, exchanges are now popping up left and right, they are expanding their services and accepting bitcoin as payment for mobile reload, utility bills, and partnered with international online shops that accept bitcoin. Five years from now, I think the number of merchants accepting bitcoin would more than double.
bitcoin is very new. it still require a lot of time to become more famous and when majority of people will start using bitcoin may be then they will find opportunities to use bitcoin in local shops buc currently most of the shops keepers are not accepting bitcoin because they have no idea about bitcoin. i think they also need good knowledge about bitcoin so that they can understand the importance of bitcoin and then they will also start accepting bitcoins.
That's correct. As you can see, on the digital world right now, most of the people are using bitcoin to trade and to buy things on the internet. Steam has also accepted Bitcoin is their system and I believe that in the few years later, we will witness a lot of remarkable events happening to Bitcoin.

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February 02, 2017, 01:33:25 PM
 #236

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
The transaction using bitcoin in daily expenses should be easier as there are many merchants accepted bitcoin and increase over time.
Bitcoiners understand about confirmation time that require in every spending, moreover there are a lot of wallet platforms which has different fees/incentive for miners. I have never encountered such problem as I using blockchain wallet. Maybe third party will provide services between seller and buyer for now, but we need faster confirmation if we expect more people interested to bitcoin.

There certainly are many merchant that accept bitcoin maybe in your country but not all places are the same, just like in our country that is pretty hard to accept and understand just the word bitcoin makes them want to scratch their heads  well I think that transaction on bitcoin was not highly know by some people, although we can say that bitcoin are popular in some but not all can just grab on to it, you will need knowledge in earning and getting on with the rest of the community.

In our country too only few accepts bitcoin as payment and note some of it is in online and not on physical store. well i dont think that there are stores accepts bitcoin as payment in my country because when we talk about bitcoin others dont understand bitcoin is not really known here

Because bitcoin is not a main currency that other countries are use to see everyday and main stream media doesn't give a damn about bitcoin there are no advertisement about it, maybe in the U.S. and in the world of online media there are a slight reports about bitcoin but there are still a gap in people taking a huge grip about it,


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fikihafana
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February 02, 2017, 01:53:00 PM
 #237

Quote from: abel1337 link=topic=1754310.msg17703844#msg17703844 datele=1486017622
I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.

Can you meet your daily basic needs with bitcoin? Market shopping, clothing needs etc.

I also use bitcoin as daily basic but only for internet life, for paying my cloud service, trading and offer a jobs. In real life i can't use bitcoin as daily payment
Bitcotalk
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February 02, 2017, 01:57:11 PM
 #238

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
This is also an obstacle, it can delay transactions, troubling. I think you should use Coinbase wallet and transactions carried out via email CoinBase then the transaction will be approved quickly. That's my experience. If you use Blockchain wallet , you should take a fee for the transaction, it will be approved quickly
You have a right suggestion if people will use online wallets which have automatic transaction fees setting then there will be no any chance of double spending of the same transaction as the transaction from those wallets do not cancel up. On these shops they have to make it compulsory to use these online wallets to pay for the goods they want to buy.

.

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danherbias07
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Any store can buy, sell, and accept Crypto


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February 02, 2017, 02:05:00 PM
 #239

Why not? Where are you from? I used it for mobile prepaid transactions and the good thing is there is a rebate everytime I use it. So there is profit in waiting for bitcoin to rise and more profit from that rebate. It never gets old for many are now doing business with me seeing I have the cheapest price of prepaid load.
It is not that big of a profit but still when you are earning it in bulks then you get a larger income. I think the Chinese people have that saying. "Cheap price but many customers" So it is still a win.

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Rishabh riyz
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February 02, 2017, 05:09:16 PM
 #240

it would be great when people would start using bitcoins for daily use
but as per now it is not possible at least in my country
bitcoins is not that popular very few people know about it
people now prefer fiats only for daily use  , it is accepted by everyone now
bitcoinis a good crypto currency now but only for online payment like paying for clouds, steam and for x box .
yah in future It is possible that people would use bitcoins ,  bitcoin has a great potential and in future it is possible that the mass would be using bitcoins for the mode of payment and government would also legalise it   
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