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Author Topic: Daily use of bitcoin?  (Read 42456 times)
stergium
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April 02, 2017, 11:32:54 PM
 #501

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 not all states provide facilities for the transaction bitcoin easily, for example, in our country there are not many stores that provide payment transactions with bitcoin, perhaps because the user bitcoin in our country is not too much, but I'm sure one day in our country bitcoin will be second currency other than the currency of cash
yes that is very right that the facility of using bitcoin as currency is not present every where. only in such area where the users are in great number there bitcoin can be use as currency for shopping in local shops.
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April 02, 2017, 11:43:01 PM
 #502

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?

Well, you are right about that. You need to wait until the confirmation to get your things, but i'm sure someday bitcoin can make it more faster about the transaction. Actually it's the biggest issue though for using bitcoin as the payment in real life.

Unfortunately, the process will not be approved sooner. Because every 10 min. In which a block is found. It is about 10 min. Was found. This time is related to how long the total bitcoins will be removed.
If the bitcoins are approved sooner, the value of the bitcoin will be reduced.
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April 03, 2017, 01:01:58 AM
 #503

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 not all states provide facilities for the transaction bitcoin easily, for example, in our country there are not many stores that provide payment transactions with bitcoin, perhaps because the user bitcoin in our country is not too much, but I'm sure one day in our country bitcoin will be second currency other than the currency of cash
yes that is very right that the facility of using bitcoin as currency is not present every where. only in such area where the users are in great number there bitcoin can be use as currency for shopping in local shops.

I don't think there are many countries who have started to accept bitcoins locally and even online sites are very limited that accepts bitcoin as a mode of payment so I think most of the users are using their bitcoins in trading and gambling purposes on daily basis.

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April 03, 2017, 02:07:02 AM
 #504

My daily used of bitcoin was always applied in my daily routine in life, the merchants we had here in my country often helped out out on money transfer nationwide via bitcoin. And also buying load into my mobile phone, then I deposited cash amount in my bank account form bitcoin through merchant who accepted bitcoin.
Where are you from? I live in Serbia and here still there is no a place or bank that would accept bitcoin. So, for my daily use I need to cash out my coins and pay 10% fee to some guy who provide this operations here.

Even here in our country we need to convert it to fiat before using it and purchase some product. Lucky are those who are in countries that totally open in using bitcoin.
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April 03, 2017, 02:09:10 AM
 #505

My daily used of bitcoin was always applied in my daily routine in life, the merchants we had here in my country often helped out out on money transfer nationwide via bitcoin. And also buying load into my mobile phone, then I deposited cash amount in my bank account form bitcoin through merchant who accepted bitcoin.
Where are you from? I live in Serbia and here still there is no a place or bank that would accept bitcoin. So, for my daily use I need to cash out my coins and pay 10% fee to some guy who provide this operations here.

Even here in our country we need to convert it to fiat before using it and purchase some product. Lucky are those who are in countries that totally open in using bitcoin.

I think Japan and Brazil are the countries who have many places to spend bitcoins directly and apart from that I don't think there is any development in any other countries and for bitcoin getting accepted everywhere will really take a very long time.

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April 03, 2017, 02:11:22 AM
 #506

Well for me the transactions doesn't take that long.
I think it will only take more than 30 mins to get confirmed but if you dont want to be waiting you could just convert your bitcoins into your fiat currency so you could quickly buy whatever you need.

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April 03, 2017, 02:13:58 AM
 #507

Mostly, I use to pay my top up or mobile load through bitcoin. That is teh fast and easy used of bitcoin. Although sometimes I used it to pay utilities but it will be converted first to local currency.
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April 03, 2017, 02:16:40 AM
 #508

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 not all states provide facilities for the transaction bitcoin easily, for example, in our country there are not many stores that provide payment transactions with bitcoin, perhaps because the user bitcoin in our country is not too much, but I'm sure one day in our country bitcoin will be second currency other than the currency of cash
yes that is very right that the facility of using bitcoin as currency is not present every where. only in such area where the users are in great number there bitcoin can be use as currency for shopping in local shops.

I don't think there are many countries who have started to accept bitcoins locally and even online sites are very limited that accepts bitcoin as a mode of payment so I think most of the users are using their bitcoins in trading and gambling purposes on daily basis.

there are still few country that started to accepting bitcoin even for to pay something or for people when they want to buy something in daily because bitcoin itself is not getting approve or rejected by the country. but if bitcoin is going to fix and maintain what is not good or not work, then i think the government can give the approvement for using bitcoin to used in daily.

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April 03, 2017, 02:44:51 AM
 #509

Mostly, I use to pay my top up or mobile load through bitcoin. That is teh fast and easy used of bitcoin. Although sometimes I used it to pay utilities but it will be converted first to local currency.
I also do most of my bitcoin transactions via mobile phone reload because it is an added feature from my local exchange. I can use bitcoin straight as payment and no need to convert it to fiat. I also earn a little extra because of the rebates I get each time I top up and pay utility bills. It has helped me a lot of times and I don't have to go out and search for a retail store that offers such services as I can already do it myself.
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April 03, 2017, 02:52:25 AM
 #510

yah you can use bitcoin as a daily use as if the conformation has gone upto 1 , then there is no problem .try to give the recommended fees then there will no trouble at all .i am hoping that in my country also,there will be the start of bitcoins so that i can use it on a daily basis.
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April 03, 2017, 02:54:55 AM
 #511

yah you can use bitcoin as a daily use as if the conformation has gone upto 1 , then there is no problem .try to give the recommended fees then there will no trouble at all .i am hoping that in my country also,there will be the start of bitcoins so that i can use it on a daily basis.

It will done in near future where we would be able to spend our bitcoins very easily for buying anything and till that day comes we can easily sell them and convert it to local currency if we want to spend them or are in need of money.


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April 03, 2017, 03:15:04 AM
 #512

Mostly, I use to pay my top up or mobile load through bitcoin. That is teh fast and easy used of bitcoin. Although sometimes I used it to pay utilities but it will be converted first to local currency.

I love these way of using with my bitcoin. Because whenever I need to load up my phone I don't have to go to the loading station for I can simply convert my bitcoin to load it up which is very convenient to me and I use this very often. This is what I've been using now and it saves me a lot of effort and time just for paying utilities and buying mobile loads.

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April 03, 2017, 03:20:24 AM
 #513

Mostly, I use to pay my top up or mobile load through bitcoin. That is teh fast and easy used of bitcoin. Although sometimes I used it to pay utilities but it will be converted first to local currency.

I love these way of using with my bitcoin. Because whenever I need to load up my phone I don't have to go to the loading station for I can simply convert my bitcoin to load it up which is very convenient to me and I use this very often. This is what I've been using now and it saves me a lot of effort and time just for paying utilities and buying mobile loads.
Yeah even I am using for my mobile top up and what I found was here in my country if I recharge my phone with bitcoins then I get extra talk time in compare to what I get from physical shop so that is added advantage of using bitcoins for mobile top up.

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April 03, 2017, 03:49:45 AM
 #514

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?

In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.

Nope there is no any official announcement from Starbucks about accepting bitcoins. Still bitcoin doesn't reached the position like the fiat currency how we use in day today life. It's not widely accepted by the businesses and government. Then only it is possible.
Certainly, this is just a plan evrything is not official. However, in other countries, bitcoin can be used to shop online and use it as debit card. This is something new and gokd news to hear. However, it's not applicable to all store hence it is not yet convinient. As time goes by, it can be used to shop with vsrious stores as governments support it.



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April 03, 2017, 04:36:15 AM
 #515

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?

In my case, I usually used bitcoin in my daily life through money transferring in the remittances nationwide here in my country. It's very useful actually. But never experience to use my bitcoin like in the fine dining coffee shop which Starbucks maybe a weeks from now I'm gonna try it.

Nope there is no any official announcement from Starbucks about accepting bitcoins. Still bitcoin doesn't reached the position like the fiat currency how we use in day today life. It's not widely accepted by the businesses and government. Then only it is possible.
Certainly, this is just a plan evrything is not official. However, in other countries, bitcoin can be used to shop online and use it as debit card. This is something new and gokd news to hear. However, it's not applicable to all store hence it is not yet convinient. As time goes by, it can be used to shop with vsrious stores as governments support it.

There will be very few Governments that will support bitcoins in future and make it as a legal currency but those Government who are involved in corrupted activities will never want that bitcoin should get on the mainstream and they may even completely ban the usage of bitcoins.
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April 03, 2017, 06:22:32 AM
 #516

I am using bitcoins daily on trading and gambling sites but the fact is that usage of bitcoin is limited only in online world and its really difficult to use it in real world to buy physical things as there are no shops that accepts bitcoin as a mode of payment.
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April 03, 2017, 07:38:43 AM
 #517

I am using bitcoins daily on trading and gambling sites but the fact is that usage of bitcoin is limited only in online world and its really difficult to use it in real world to buy physical things as there are no shops that accepts bitcoin as a mode of payment.
Yes still we don't get approval from govt to use Bitcoin in the real world. But many governments are allowed us to do business with Bitcoin means Bitcoin investment and trading etc. You want to buy a physical thing from your Bitcoin you don't have access to pay your billing amount direct through Bitcoin, but you can convert your coins to fiat currency and buy your things. This facility is available in all country.
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April 03, 2017, 07:50:08 AM
 #518

With bitcoin debit card it isn't hard to use bitcoins in your daily life because it's accepted everywhere. You can shop online or go to,your favourite supermarket. But paying directly with bitcoins is another story and that is much more difficult. There are still not enough places who accept bitcoins and that should be improved.

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April 03, 2017, 08:00:26 AM
 #519

With bitcoin debit card it isn't hard to use bitcoins in your daily life because it's accepted everywhere. You can shop online or go to,your favourite supermarket. But paying directly with bitcoins is another story and that is much more difficult. There are still not enough places who accept bitcoins and that should be improved.
Yes with bitcoin debit card it does really make our life easier but you are still using local fiat instead of bitcoin because you do make you use of that card just an exchanger to your bitcoin to local fiat which does really help bitcoin users to spend their bitcoin without any hassle on exchanging among other bitcoin users.

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April 03, 2017, 08:39:18 AM
 #520

With bitcoin debit card it isn't hard to use bitcoins in your daily life because it's accepted everywhere. You can shop online or go to,your favourite supermarket. But paying directly with bitcoins is another story and that is much more difficult. There are still not enough places who accept bitcoins and that should be improved.

Yes bitcoin debit card has made things easier when it comes to shopping online as it can be used like other bank debit or credit cards and the best thing is there no extra charge for swapping your card at POS terminals and it is a good way to spend our bitcoins.
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