Bitcoin Forum
November 14, 2024, 10:36:26 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
Author Topic: Daily use of bitcoin?  (Read 42452 times)
HanSchultz
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
February 24, 2017, 10:59:13 AM
 #441

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.
That is where the problem is,You really do not want to spend more fees for transaction if you are really spending money for a coffee and with the price of bitcoin increasing nobody will be willing to shell out 1$ as transaction fees for a $5 coffee and that is where the problem comes.
eternalgloom
Legendary
*
Offline Offline

Activity: 1792
Merit: 1283



View Profile WWW
February 24, 2017, 11:33:59 AM
 #442

Bitcoin shouldn't be used daily for now till the payment platform gets faster processing. Bitcoin withdrawals that convert to another currency is how most people are making the daily spending possible.
I don't know if that's a good way to go about it. Maybe the solution would come faster if there's a little more pressure.
I'm personally not really opposed to these spamming attacks, if that means more miners realise that accepting segwit is the way to go.

Roboabhishek
Hero Member
*****
Offline Offline

Activity: 882
Merit: 528


View Profile
February 24, 2017, 12:00:23 PM
 #443

i use bitcoin daily but the problem is transaction pending confirmation
hope bitcoin make it faster for confirmation each transaction  Smiley

I know these days the bitcoins tx fee is quite high and we all are facing this problem bad sadly i don't think any solution to be coming lately.
If the bitcoin price keep getting higher then it's worth for it's holders but not for tx fee.
poplolnman
Legendary
*
Offline Offline

Activity: 1442
Merit: 1008



View Profile
February 24, 2017, 12:13:16 PM
 #444

i use bitcoin daily but the problem is transaction pending confirmation
hope bitcoin make it faster for confirmation each transaction  Smiley

I know these days the bitcoins tx fee is quite high and we all are facing this problem bad sadly i don't think any solution to be coming lately.
If the bitcoin price keep getting higher then it's worth for it's holders but not for tx fee.

i don't have any transaction fee problem so far , the confirmation also takes tiem not too long . it might the problem on your wallet provider? i used mycelium by the way , if you want just try it out. the current transaction fee are around 0.0001 to 0.0002 normally but it could takes more than that, no big deal for me using 0.0001 / 0.0002 for a lot of transaction i made daily.

I'm in 400,000 euros debt , dont help me , i rather die
paul gatt
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500


View Profile
February 24, 2017, 12:34:51 PM
 #445

if you use Bitcoin in everyday life, when I think about it, we will have a Bitcoin payment cards, it will help us to carry out transactions in seconds. That would be a convenient thing. I really hope I get to experience it in my country. now, in some places already have such services, however, is not my country. I look forward to a better future of Bitcoin
A.M.
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
February 24, 2017, 12:37:00 PM
 #446

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.

Actually they are indeed slow now a days as you can see how many transactions are unconfirmed yet : https://blockchain.info/unconfirmed-transactions but nevermind I am using them with high fees quite easily.
BitcoinPC
Hero Member
*****
Offline Offline

Activity: 812
Merit: 500


View Profile
February 24, 2017, 12:57:23 PM
 #447

if you use Bitcoin in everyday life, when I think about it, we will have a Bitcoin payment cards, it will help us to carry out transactions in seconds. That would be a convenient thing. I really hope I get to experience it in my country. now, in some places already have such services, however, is not my country. I look forward to a better future of Bitcoin

Sure, if bitcoin have payment cards than definitely, payment will be pay in a second. But i also have no experience to paying with bitcoin into open market. Because in my country it has no. But with the passing time, when bitcoin too much popular in all over the world, especially where bitcoin can't use in open market, than sure bitcoin give us more facility to their users.
naughty1
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
February 24, 2017, 01:05:16 PM
 #448

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.

Actually they are indeed slow now a days as you can see how many transactions are unconfirmed yet : https://blockchain.info/unconfirmed-transactions but nevermind I am using them with high fees quite easily.

you seem to be a rich man. you're right, we can make quick transactions with high cost, however, it really is good to poor. we are private, I think that only big business can do as you





        ▄▄█████████▄▄
     ▄███▀▀       ▀▀███▄
   ▄██▀               ▀██▄
  ██▀ ▄▄             ▄▄ ▀██
 ██▀  ▐██████▄ ▄██████▌  ▀██
██▀    ██  ███ ███  ██    ▀██
██      █▄ ▐██ ██▌ ▄█      ██
██▄      ▀ ▐██ ██▌ ▀      ▄██
 ██▄        ██ ██        ▄██
  ██▄        ███        ▄██
   ▀██▄              ▄██▀
     ▀███▄▄       ▄▄███▀
        ▀▀█████████▀▀
.
▄▄▄▄▄▄▄▄▄▄      ██                                         
██████████  ▄▄  ██▄▄▄▄▄▄  ▄▄  ▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄  ██▄     
██          ██  ████████  ██  ████████  █████████  ████▄   
██          ██  ██        ██     ▄▄██▀  ██   ▄██▀  ██ ▀██▄ 
██          ██  ██        ██  ▄██▀▀     ██▄██▀▀    ██   ▀██▄
██████████  ██  ████████  ██  ████████  █████████  ██     ██
▀▀▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀  ▀▀     ▀▀

Finance




           ▄█▄    ▄▄▄▄▄▄███████
         ▄█████▄   ▀███████████
 █▄    ▄█████████    ██████████
 ███▄▄█████████▀   ▄██████████▌
 ████████████▀   ▄████████████
▐██████████▀   ▄█████████▀ ▀██
▐█████████▄   █████████▀     ▀
████████████▄  ▀█████▀
███████▀▀▀▀▀     ▀█▀







Harlot
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 672


View Profile
February 24, 2017, 01:21:02 PM
 #449

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.

Actually they are indeed slow now a days as you can see how many transactions are unconfirmed yet : https://blockchain.info/unconfirmed-transactions but nevermind I am using them with high fees quite easily.

you seem to be a rich man. you're right, we can make quick transactions with high cost, however, it really is good to poor. we are private, I think that only big business can do as you
Well using Bitcoin as a daily purschaser is not appropriate because the transactions are really slow and it will not only affect you but also the business you are transacting your Bitcoin with, it affects their productivity as well as their earnings. Of course for people who does not value time than the pending transactions of Bitcoin payment is nothing just like me who does not monitor my wallet always.
stevano
Sr. Member
****
Offline Offline

Activity: 423
Merit: 251


View Profile
February 24, 2017, 02:03:55 PM
 #450

usually when for payments, as it did not have to wait for such notification, each transaction once inside even though it's not yet approved a process of waiting, so well that the evidence that we already transfer payments to the wallet
death69
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 545


View Profile
February 24, 2017, 03:30:17 PM
 #451

Bitcoin has become a part of my life for many years and I have used it for many different purposes. Usually, Bitcoin helps me to buy some digital goods and trade with some people on the internet. In my country, there are still few shops accept Bitcoin but I still use it there to buy food and purchase something useful for myself. See what I can do with bitcoin, you guys will absolutely be astonished
South Park
Hero Member
*****
Offline Offline

Activity: 3080
Merit: 810


I am terrible at Fantasy Football!!!


View Profile
February 24, 2017, 04:54:17 PM
 #452

In my country, the bitcoin is not used too much in the exchange of real life products. It's rare, you know, at the moment, I only know one coffee store accepts bitcoin to be paid. In some countries, you must changes it to that country's currency for using.
I think it's good enough to use bitcoin in online - shops. But I hope oneday, when all the people know about bitcoin, we can use it in real life, that's good signal for our life.
Also I think we need to think about the possible consequences of using bitcoin for transactions on the physical world, if you want anonymity then most transactions like buying a coffee are out of the question since most of those places have cameras and could be used to identify you and link you to that address and any transaction coming from that address.
I think the main reason why bitcoin is created, is because of being an another currency who will serve as a back up from our primary money or fiat. Anonymity is not the main concern because you can still have that feature because not all the stores record your transactions between them, it doesn't matter if they have cameras or cctvs because still, they can't trace wherever you go by just using bitcoin address and also they can't tell who you are because in the stores, they are just concern for your money and not identity.
Not all the stores have cameras that is true but for someone looking for anonymity the risk is too high, since you don’t have the luxury of making any mistakes, the first mistake could be the one that ends your anonymity, personally I don’t care too much about that, but some may.
phr0stbyt3
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
February 24, 2017, 05:11:31 PM
 #453

At the time I'm posting this using bitcoins for daily use can be a really big disaster as confirmation from past few days it taking more than 2 hours and also in my country there aren't any stores which accept bitcoin so I'll just save it in my wallet for now.
avikz
Legendary
*
Offline Offline

Activity: 3276
Merit: 1531



View Profile
February 24, 2017, 05:47:03 PM
 #454

Truly it will create a problem to use bitcoin in our daily lives. As per the current status, it takes around 30 minutes for a bitcoin transaction to get confirmed from the network. So it won't work on a fast paced environment. Prefer cash for that.

However, if you want to become rich in future, don't use bitcoin to purchase anything in your daily life. Instead save your bitcoins in a safe wallet for few years and try to accumulate more if possible. Then only you will come to know the actual power of bitcoin. It has a huge upside potential and can fetch you a much higher return than any conventional investment. SO invest in bitcoin instead of spending it.

MoneyIsDebt
Hero Member
*****
Offline Offline

Activity: 642
Merit: 500



View Profile
February 24, 2017, 06:39:04 PM
 #455

At the time I'm posting this using s for daily use can be a really big disaster as confirmation from past few days it taking more than 2 hours and also in my country there aren't any stores which accept  so I'll just save it in my wallet for now.
i think not in only your country all developing countries in the world don't have relevant stores to accept bitcoin or any online store or brand is accepting it. so the main use of bitcoin for us is to use it for investment purpose or to earn it from different source. so, in order to use it as a daily purpose it is hard to use.
Ewinsane
Hero Member
*****
Offline Offline

Activity: 980
Merit: 523



View Profile
February 24, 2017, 07:30:13 PM
 #456

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.
i thing many people want to spread negative news about bitcoin because they saying that bitcoin bitcoin transaction is slow i also see that many people discussing that bitcoin transaction is slow but i do not believe it because bitcoin transaction is faster for me and i also do not wait for the transaction to get confirmed .
jovs
Sr. Member
****
Offline Offline

Activity: 672
Merit: 250



View Profile
February 25, 2017, 11:09:30 AM
 #457

I don't think there is a need to wait for the confirmation, if a fee recommended or little above is paid you'll get faster confirmations. Hopefully in the future this kind of things can be reduce, if the transaction speed being increase i am sure many store will start to adapt bitcoin and more user will be happy to used bitcoin.

Confirmation in transaction is not a problem anymore, just take a look at how we bought digital goods. As soon as we send the amount to the address provided by the site, it immediately mark our transaction paid after a few seconds. If that's what the stores in real life will use, then transaction confirmation won't be a problem.

But if we will use the traditional confirmation waiting, then that will really slow down the transactions in the stores or if you want it fast then you pay high transaction fee.
Yes , transactions confirmation is not actually a problem anymore especially when you use an application appropriate for your transaction. Here in my country we have an application called coin.ph , in this you can use the most out of bitcoin. You can paybills , buyload or even convert to money on other transaction you have. It's a wallet too at the same time so you could actually save lot of bitcoin while using it at the same time.
South Park
Hero Member
*****
Offline Offline

Activity: 3080
Merit: 810


I am terrible at Fantasy Football!!!


View Profile
February 25, 2017, 04:46:08 PM
 #458

I do not know why everyone thinks that Bitcoint transactions are very slow, I am using Bitcoin every few days and I do not wait much for the transaction to get confirmed. You just need to put a 'big' fee and it will be done in less than half an hour. And big isn't really big - you're just buying a coffee.
i thing many people want to spread negative news about bitcoin because they saying that bitcoin bitcoin transaction is slow i also see that many people discussing that bitcoin transaction is slow but i do not believe it because bitcoin transaction is faster for me and i also do not wait for the transaction to get confirmed .
Be careful transactions are instant but getting a confirmation can take a while if you accept a transaction as valid without a confirmation you are risking the other party in the transaction doubles spend his coins and if at that moment you already sent a product or something it is very unlikely you are going to get your payment.
Mbah Tyo
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250

1st of May


View Profile
February 25, 2017, 05:21:13 PM
 #459

seems in payments by bitccoin, need not be left waiting for approval used to be that having the store will have the easiest way so that everyone can enjoy how easy it is to use bitcoin in their daily lives


         ▄████ ████▄
      ▄█████▀   ▀█████▄
   ▄█████▀  ▄█ █▄▄ ▀█████▄
▄█████▀    ███ ████▄▄ ▀█████▄
███▀  ▄    ███ ███████▄▄ ▀███
███ ▄██    ███ ███▀▀█████ ███
███ ███    ███ ███   ▀███ ███
███ ███▄▄▄▄███ ███    ███ ███
███ ██████████ ███        ███
███ ███▀▀▀▀███ ███    ███ ███
███ ███    ███ ███   ▄███ ███
███ ▀██    ███ ███▄▄████▀ ███
███▄  ▀    ███ ███████▀  ▄███
▀█████▄    ███ ████▀  ▄█████▀
   ▀█████▄  ▀█ █▀  ▄█████▀
      ▀█████▄   ▄█████▀
         ▀████ ████▀
.
Hash



     ▄▄ ▄▄
     ██ ██
   ▄▄█████▄▄
  ███▀▀▀▀▀███
 ██▀       ▀██
██▀         ▀▀
██
██▄         ▄▄
 ██▄       ▄██
  ███▄▄▄▄▄███
   ▀▀█████▀▀
     ██ ██
     ▀▀ ▀▀
.
ard










▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
REVOLUTIONISING HOW YOU USE CREDIT & DEBIT CARDS
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀



















JOIN
WHITELIST
Gaaara
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 501



View Profile
February 25, 2017, 05:37:52 PM
Last edit: February 26, 2017, 01:03:19 AM by Gaaara
 #460

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 it will be complicated to use it for daily transaction directly because you know like as they say the confirmation takes time. What my friend and I does is exchanging bitcoins for our standard currency, so still we are using bitcoins for our daily life.



  MOCKTAIL  -  THE  FIRST  SEMI-FUNGIBLE  TOKEN  ON  BSE 
        WEBSITE        WHITEPAPER        SMART CONTRACT        TWITTER        FACEBOOK        TELEGRAM        ANN


Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!