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Author Topic: Daily use of bitcoin?  (Read 42050 times)
Harry Callahan
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February 13, 2017, 10:33:36 PM
 #341

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.
Me too, I hope the time where there are merchants in my town that gives us the option bitcoin as a payment method will soon come, so I can use bitcoin directly to fulfil my daily life. But my country still not regulate bitcoin as currency.

So you don't mind the current high fees and the fact that you potentially might have to wait for one confirmation to come through in order to walk out of the store? I personally can't find that thought very satisfying when I know that there is basically no need to use Bitcoin as currency in local stores. Fiat does the job pretty well so I don't understand the need for you to wait till local merchants start accepting Bitcoin.
The high fees is a problem at the moment when compared to other alt coins .But when you compare banks and other transaction method it is still a good bargain to have those fees but at a later time it will be an issue if the fees keeps on increasing and these price increase will negate micro transaction.
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February 14, 2017, 05:36:13 AM
 #342

Daily using of bitcoin similar to that we use in stores or for other services is not available yet. Only limited places accept bitcoin. So daily use of bitcoin is little hard these days.
in most of the area such kind of facilities are not available available and specially in back ward area where people do not know about bitcoin so they do not have the facilities to use bitcoin in their local shops. but such people use bitcoin for investment and after getting some good profit they convert it in to fiat and then use it for daily use.
Yeah you are right. In most of the developing countries, the people don’t even know about it. But in most of the developed countries where people knows about it and use it for online shopping, it is difficult for them also to use it as a daily use for this reason it is very difficult to replace fiat money.
Very rational. Bitcoin users are not much, at least in my country, people know bitcoin is still too little, not to mention the daily use of bitcoins. Bitcoin acceptance in developing countries is lower than in developed countries, the daily use of bitcoins, it takes decades to develop it.
 
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February 14, 2017, 05:48:31 AM
 #343

Daily using of bitcoin similar to that we use in stores or for other services is not available yet. Only limited places accept bitcoin. So daily use of bitcoin is little hard these days.
in most of the area such kind of facilities are not available available and specially in back ward area where people do not know about bitcoin so they do not have the facilities to use bitcoin in their local shops. but such people use bitcoin for investment and after getting some good profit they convert it in to fiat and then use it for daily use.
Yeah you are right. In most of the developing countries, the people don’t even know about it. But in most of the developed countries where people knows about it and use it for online shopping, it is difficult for them also to use it as a daily use for this reason it is very difficult to replace fiat money.
Very rational. Bitcoin users are not much, at least in my country, people know bitcoin is still too little, not to mention the daily use of bitcoins. Bitcoin acceptance in developing countries is lower than in developed countries, the daily use of bitcoins, it takes decades to develop it.
 
its quite impossible for now use bitcoin on a daily basis since bitcoin is not that much known for some. yes, we may say that bitcoin users are increasing in number as the day goes by but it is not a basis to say that we can already use it daily. it will take time before this happen. it takes time for it to be developed more and become very easy to use for us to be able to use it daily.

 
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February 14, 2017, 05:57:13 AM
 #344

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.
Me too, I hope the time where there are merchants in my town that gives us the option bitcoin as a payment method will soon come, so I can use bitcoin directly to fulfil my daily life. But my country still not regulate bitcoin as currency.

So you don't mind the current high fees and the fact that you potentially might have to wait for one confirmation to come through in order to walk out of the store? I personally can't find that thought very satisfying when I know that there is basically no need to use Bitcoin as currency in local stores. Fiat does the job pretty well so I don't understand the need for you to wait till local merchants start accepting Bitcoin.
The high fees is a problem at the moment when compared to other alt coins .But when you compare banks and other transaction method it is still a good bargain to have those fees but at a later time it will be an issue if the fees keeps on increasing and these price increase will negate micro transaction.

If many transaction model used by user, the value of bitcoin is going down, and transaction fees are charged to move up, it is common in logic of market and trade. You want Bitcoin present in shops & public facilities, but don't want the consequences of fee, it makes you very self-centered.
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February 14, 2017, 06:00:00 AM
 #345

Here in philippines,bitcoins already have many uses in daily or monthly basis.Like what i use to do with my bitcoins,i daily buy prepaid load using my bitcoins and other things like online game top up codes on steam,garena and mol and many more to supply my gaming career.There are still many uses of bitcoins in every different countries out there.

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February 14, 2017, 06:08:21 AM
 #346

Daily using of bitcoin similar to that we use in stores or for other services is not available yet. Only limited places accept bitcoin. So daily use of bitcoin is little hard these days.
in most of the area such kind of facilities are not available available and specially in back ward area where people do not know about bitcoin so they do not have the facilities to use bitcoin in their local shops. but such people use bitcoin for investment and after getting some good profit they convert it in to fiat and then use it for daily use.
Yeah you are right. In most of the developing countries, the people don’t even know about it. But in most of the developed countries where people knows about it and use it for online shopping, it is difficult for them also to use it as a daily use for this reason it is very difficult to replace fiat money.
Very rational. Bitcoin users are not much, at least in my country, people know bitcoin is still too little, not to mention the daily use of bitcoins. Bitcoin acceptance in developing countries is lower than in developed countries, the daily use of bitcoins, it takes decades to develop it.
 

this is happen in many country too, i think its because the internet connection is not available for all of the country so there is a gap between the developing country with the more developed countries so the people is not following in technology. bitcoin is a new thing that related with technology so if that country is not take attention with technology then they will not know about bitcoin so bitcoin is not use in daily or maybe only a few people is using bitcoin for their life.

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February 14, 2017, 06:21:41 AM
 #347

Here in philippines,bitcoins already have many uses in daily or monthly basis.Like what i use to do with my bitcoins,i daily buy prepaid load using my bitcoins and other things like online game top up codes on steam,garena and mol and many more to supply my gaming career.There are still many uses of bitcoins in every different countries out there.
Do you mean all of people on your place use bitcoin for payment method daily?
like buy codes games, or just you who use bitcoin for buy codes games.
What I know transaction use bitcoin as payment method is still a little,
all of people are still comport with traditional transaction than digital currency.
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February 14, 2017, 06:44:22 AM
 #348

I heard that Starbucks already started to accept bitcoin as payment. I don't imagine how it work exactly, because of I have no place here that would accept bitcoin. But I think such transactions in place that work with bitcoin all operations provided as fast as with a card.

Well, I guess you heard was right about in Starbucks. But in my idea not all outlet branch of Starbucks are accepting bitcoin, it depends on the outlet owner if He/She is a Bitcoin fanatic, in regardless of your concern, here in my place were I also visited in outlet of Starbucks too I just show my mobile phone with bitcoin balance I had then the cashier will just scan the bar code then I'll wait for a couple of minutes then that's it, transaction done.

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February 14, 2017, 06:53:55 AM
 #349

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.
Me too, I hope the time where there are merchants in my town that gives us the option bitcoin as a payment method will soon come, so I can use bitcoin directly to fulfil my daily life. But my country still not regulate bitcoin as currency.
although here so many merchants i know them bit the problem is that they do not know anything about bitcoin i think it will still take a lot time when they will learn about bitcoin. because most of the merchants in my area do not know any thing about computer and internet.i think they still need good knowledge about computer and internet. and the about bitcoin.



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February 14, 2017, 05:41:38 PM
 #350

Yes the users of bitcoin is growing everyday so it's a daily life for some people. I think that some can live only by using bitcoins.
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February 14, 2017, 05:59:03 PM
 #351

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.
Me too, I hope the time where there are merchants in my town that gives us the option bitcoin as a payment method will soon come, so I can use bitcoin directly to fulfil my daily life. But my country still not regulate bitcoin as currency.
although here so many merchants i know them bit the problem is that they do not know anything about bitcoin i think it will still take a lot time when they will learn about bitcoin. because most of the merchants in my area do not know any thing about computer and internet.i think they still need good knowledge about computer and internet. and the about bitcoin.

It only takes some days to know how to use bitcoin. Actually it will only take less than an hour to teach a person how to send Bitcoin to a store.  The rest is self explanatory.  We are not discussing about the technicalities of Bitcoin here right? Or how to trade with it?  We are just tellin them how to use Bitcoin in paying certain services or goods.

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February 14, 2017, 09:28:34 PM
 #352

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?
I think there is no problem to make payment with bitcoin. If you send money through bitcoin, the seller receives the money immediately, but he should wait some minutes or maybe hours to confirm the transaction.  Money will be received, there is no problems.


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February 15, 2017, 06:35:49 AM
 #353

Here in philippines,bitcoins already have many uses in daily or monthly basis.Like what i use to do with my bitcoins,i daily buy prepaid load using my bitcoins and other things like online game top up codes on steam,garena and mol and many more to supply my gaming career.There are still many uses of bitcoins in every different countries out there.
in my area there are still no shop who are accepting bitcoin for shopping. therefore bitcoin is not use directly for shopping in local shops. but hope very soon we will be able to use bitcoin as legal currency in our local shops.
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February 15, 2017, 02:03:34 PM
 #354

Here in philippines,bitcoins already have many uses in daily or monthly basis.Like what i use to do with my bitcoins,i daily buy prepaid load using my bitcoins and other things like online game top up codes on steam,garena and mol and many more to supply my gaming career.There are still many uses of bitcoins in every different countries out there.

but the use of our bitcoin is only limited and we can only use it to a few services . what I am waiting to happen is the moment when we can already use our bitcoin directly not only on digital goods but also to accommodate some transaction which usually needs fiat currency . I am looking forward for it to be used in a more convenient way and we don't have to go through some banks or remittance center in order to convert it to fiat .

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February 15, 2017, 02:53:51 PM
 #355

Yes the users of bitcoin is growing everyday so it's a daily life for some people. I think that some can live only by using bitcoins.
Yeah I guess now daily use of bitcoin has increased since the price looks strong and has been back to above $1000, it will make new people interested to use bitcoin.

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February 15, 2017, 03:03:32 PM
 #356

is there a website to look at uses of bitcoin ?

main uses i see are : to save up, to send value internationally, to gamble, to trade.

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February 15, 2017, 03:08:02 PM
 #357

if  make Bitcoin transaction easier and faster, maybe people can use it in our daily needs.
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February 15, 2017, 03:35:18 PM
 #358

it did not seem like that way, but it should be after there is evidence of the transaction, means of payment has been carried out, if it should wait for how long you should be there at the coffee place, bitcoin was made to not make the complicated simple

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February 15, 2017, 03:48:58 PM
 #359

Well, I would probably use bitcoin every day, if in my town a lot of people knew it. however, to date, it has not been able to do, because of the lack of knowledge, and the use of bitcoin in my town. Well, when bitcoin began to be received in my city, I will continue to use every day as long as I have it.

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February 15, 2017, 04:21:44 PM
 #360

I don't use Bitcoin daily they are stored in my Cold wallet since my coinbase account got banned.
I use these bitcoins for 1 time purchase or some purchases like giftcards and Services @once
So i don't have a daily use of bitcoins.

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