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Author Topic: Daily use of bitcoin?  (Read 42050 times)
danherbias07
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April 17, 2017, 12:52:37 PM
 #741

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 process take few minutes because your bitcoin wallet has to convert btc to fiat currency and then convert fiat currency to USD. That's absolutely normal, that's why Starbucks starts accepting bitcoins right now because they fully understands how bitcoin transaction works.

Thank you.

Yes and I think they wont need to wait for that verification as long as the bitcoin is sent there is no getting it back.
Add up the fact that they cant successfully do the transaction without funds in their wallets.
This are good things to prevent scams or maybe they could pay first before the order will be served. That way there will be a lot of time for the transaction to load and be accepted.

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April 17, 2017, 12:58:36 PM
 #742

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.
in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.
yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

Yes, time will come we can use bitcoin everywhere, not only in online shops or to some specific area but all over the world with freedom on spending it unlike now that some are keeping it to those country that  banned the bitcoin in their area.

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April 17, 2017, 01:17:48 PM
 #743

Personally daily use of bitcoin for trading and online store, do not much spend bitcoin for other thing. sometimes i also gambling in this case just for fun
For me it is for gambling and trading, I spend fiat with my daily expenses and every time I buy online. I just feel bitcoin is very
precious to spend it, we should be treasuring it and that is why I trade and gamble to increase it.

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basketcoin
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April 17, 2017, 02:32:17 PM
 #744

well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue
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April 17, 2017, 02:41:12 PM
 #745

Personally daily use of bitcoin for trading and online store, do not much spend bitcoin for other thing. sometimes i also gambling in this case just for fun
For me it is for gambling and trading, I spend fiat with my daily expenses and every time I buy online. I just feel bitcoin is very
precious to spend it, we should be treasuring it and that is why I trade and gamble to increase it.

Spending it on trading is fine but is it giving you profitable results from gambling? I think you should spend some of them and rest use in trading as its better to spend them in buying something instead of loosing them all in gambling.

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April 17, 2017, 04:32:37 PM
 #746

well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

So are you paying your employees in bitcoins? And what kind of help they do for you its a great to know that your employees agreed to get paid in bitcoins and delay in confirmation is not a big deal as finally people are getting money in their wallet and that is more important.

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April 17, 2017, 05:43:57 PM
 #747

well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

So are you paying your employees in bitcoins? And what kind of help they do for you its a great to know that your employees agreed to get paid in bitcoins and delay in confirmation is not a big deal as finally people are getting money in their wallet and that is more important.

Sounds like pretty good, seriously are you paying your employees through Bitcoin. It is nice to hear this type of improvisation in bitcoin. Slowly people are addicting to this bitcoin. yes confirmation delay is not a big deal. We should appreciate your employees they are accepting bitcoin as their payment.
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April 17, 2017, 05:46:58 PM
 #748

Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so  I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.
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April 17, 2017, 05:49:12 PM
 #749

Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so  I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.

Oh, can you share which sites you play free poker in? I would like to know and maybe, maybe play there haha.

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April 17, 2017, 06:14:48 PM
 #750

Yea i use bitcoin dailly because it is a great opportunity to earn a lot of money so  I hardwork.I play poker free entry tournaments on 7 sites,i invest in ptc sites,revenue share and i post in this forum.
Well, if you do it every day, it is certain that you have the bitcoin that much, or you're lucky in gambling. well, I rarely use bitcoin, perhaps every two weeks to once use. I sometimes just using bitcoin to trade, or exchange them for cash.

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bitart
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April 17, 2017, 06:29:20 PM
 #751

Merchants will start accepting bitcoins as a mode of payment only if the people around them are aware about bitcoins and are willing to pay in bitcoins and if none is aware about bitcoin then there is no point in accepting bitcoins as a payment method.
Merchants will accept bitcoin if it's profitable for them, they don't care about people awareness or whatever, it's simple and all is about profit, it's fact

I think the seller is not only thinking about profit dude, they also think how to maintain a good service so that customers come again. So a shop must know how bitcoin conditions in their area. When it is in the area surrounding many use bitcoin, and bitcoin as a payment they receive. So it is one of the services that benefit the customers I guess. Thank you

Well, this seems to be the most tricky part

How would sellers know whether people living nearby are involved with Bitcoin? Unless they tell the sellers themselves, right? But why would anyone make a clean breast of it and admit using Bitcoin? You may think that no one around you even heard about Bitcoin while, in fact, the whole neighborhood may be infested with Bitcoin millionaires. In this way, until and unless merchants declare it themselves they are ready for Bitcoin ("Bitcoin accepted here"), scarcely anyone is going to ask about payments in Bitcoin, especially in small towns, where everyone knows everything about everyone else

If you don't want to admit the use of Bitcoin, you can always choose a bitcoin debit card connected to a web wallet (debit card usage depends on your country, and only store a small amonunt in web wallet, just to be on the safe side), and in this case, payments will be instant, compared to the real bitcoin payments.
But, if you want to use Bitcoin in stores, there should be something done with the time of the payment confirmation. Or, you can go to a shop, where you can have a coffee after payment, and in this case, you have spent you time with something useful too Smiley
In my country, a taxi company started to accept Bitcoin payments via QR codes, but I don't know about the details, because I live in the countryside, and the bitcoin taxis are in the capital...

Investforprofit
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April 17, 2017, 07:01:58 PM
 #752

Most time i use bitcoin in gambling sites but now i saw that more and more poker sites use bitcoin for payments and deposits i fouund today 5 new pokers sites which accept bitcoin.
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April 17, 2017, 08:57:45 PM
 #753

I do not use bitcoin to buy everyday things. I do not want to buy some home stuff, and then find out that the price of bitcoin has gone up. I rarely use bitcoin
virtualkeybuyer
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April 17, 2017, 09:41:12 PM
 #754

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.
in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.
yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.
I have saw a number of shops which are accepting bitcoin for online purchase but they do not advertise their service that is why most of the people think that there is no any service like that for them if they will also advertise on this forum then it will boost up their service.

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April 18, 2017, 02:37:12 AM
 #755

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.
in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.
yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

When the time comes that bitcoin is known worldwide (I am saying most countries in the world), then this scenario is unavoidable. Many shops will then starts to accept bitcoin and even some businesses will start paying their employees with bitcoin. We will just have to wait whether this will happen or not, the answer lies in the future.
cinchin
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April 18, 2017, 04:14:58 AM
 #756

I can order food from home with bitcoin. I can order pizzas, coffee, hamburgers, etc from home.
It may not be practical to pay with bitcoin directly in Starbucks. Or it may not be practical to pay for fast food products with bitcoin.
But we can order these products online.
in my area we do not have the facilities to use bitcoin for shopping or trading. in fact the users of bitcoin are not as more therefore the shopkeepers are not accepting bitcoin for shopping. but still i am hopeful that a time will come when we will also be able to use bitcoin for shopping in our local area.
yeah there is many areas where is bitcoin is not acceptable for shopping but i hope in the future bitcoin will acceptable in anywhere.

When the time comes that bitcoin is known worldwide (I am saying most countries in the world), then this scenario is unavoidable. Many shops will then starts to accept bitcoin and even some businesses will start paying their employees with bitcoin. We will just have to wait whether this will happen or not, the answer lies in the future.
- Yes, everything is in the future but i think the use of bitcoin will be as a payment solution when you do not have enough cash. Maybe many people will accept the use of bitcoin daily but there are also many people who do not trust bitcoin, they only trust in cash or dollars
- And the use of bitcoin will be very inconvenient, you think if you go to buy a cup of coffee for $ 1, you have to use bitcoin, it would be very inconvenient. Using cash will be quicker than bitcoin, Bitcoin is just a payment solution
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April 18, 2017, 04:21:55 AM
 #757

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?
At the moment Bitcoin can't be used at many shops, so instead I use a Bitcoin debit card which makes my life a lot easier. I think that maybe in the future it will be easier for people to use Bitcoin in daily life.
Meycell
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April 18, 2017, 04:28:54 AM
 #758

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 is easy , you can try to put the big fee for faster confirmation..
i don't try it because in my opinion if big fee is faster like i withdraw in wallet Cheesy



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TIDOVEE
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April 18, 2017, 04:43:50 AM
 #759


Because Bitcoin is made to be use online. It is impractical actually to be used by people in a local store they will just make the Queue longer because it will take time for your payment to be confirmed. Also there is the possibility that it would be mixed up by other payments if the store only handles one wallet it could cause a lot of headache in both parties.
[/quote]
if you are intending to make daily withdrawal from your wallet to make daily transaction, i think you are processing stress for yourself.the simple way i can suggest achieve it for now is make a large transaction which you can spend by bit daily. i hope bitcoin will soon be able to meet up that idea. 

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April 18, 2017, 04:44:48 AM
 #760

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 is easy , you can try to put the big fee for faster confirmation..
i don't try it because in my opinion if big fee is faster like i withdraw in wallet Cheesy
Of course we have that option if we want our transactions to be process faster, fees are getting bigger now and in my local exchange I have to pay at least 0.0011 for the fastest processing of transaction and compared to other payment processor, it is still low since the bitcoin fee is regardless of the amount.

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