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Author Topic: Daily use of bitcoin?  (Read 42396 times)
soul-impact
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April 19, 2017, 10:41:28 AM
 #781

Sometimes I use bitcoin in gambling, I have moments when this is on daily basis. I also sell and buy some goods for bitcoins and if needed convert it to fiat money. There is lack if shops both online and physical shops where people could regulary spend their coins but hope this will change too.
Can you buy bitcoin merchandise at online stores? This is great, it seems your country is very developed, and bitcoin has become a very popular thing. I wish my country like that. In my country, bitcoin is too strange for everyone. I can only exchange bitcoin with cash before using it for anything that I need.





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April 19, 2017, 10:50:34 AM
 #782

In my bitcoin wallet there are so many thing i can do in my bitcoin like paying bills, buying loads, or buying in a store also when i invited someone it give cash and when you do pay bills or buy load you will get a cashback so really cool. So i use my bitcoin in paying my bills more bills i pay more money i make so better for me when i load my self i do get a small cashback to .
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April 19, 2017, 11:00:40 AM
 #783

Right now, I am not using BTC for daily use. But in future, I plan to get a pre-paid debit card from any of the Bitcoin exchanges (like Coinsbank). Once I get it, I will be able to use my bitcoins for daily expenses.
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April 19, 2017, 11:47:44 AM
 #784

I like to use bitcoins for gambling, it is easy, fast plus i dont have to go to the real casinos.
Me too, I guess bitcoin are getting popular because of gambling, I believe the gambling industry will grow because people find
bitcoin a good tool to gamble easily. I gamble regularly so I use bitcoin and I have a good experience to share with my gambling journey.
wow that was good that you are earning in gambling, i think it will not for last, if you win now you should leave gambling now because it only good for short term enjoyment but in long run you will lose everything in gambling note it.
It's rare to see people who have a successful journey in gambling, I dream to be one of them I failed to do it.
It proves to me that gambling is for everyone but winning is not for everyone.

In my point of view gambling is not a good idea to use bitcoin daily. Obviously gambling is very risky, maybe for now you still got a many profit during play it, but not for a long time you will lose your money gratuitously. Gambling only profitable for owner.
Better you through another way besides gambling.

In gambling only we can use Bitcoin daily because we don't have another option. And yes Gambling is not profitable for a long time. I think those guys had good luck so making a profit in gambling, But one day it will take all your winnings back. I am not saying simply it is truth. Ask experienced people in gambling.

Obviously there are another option to use bitcoin daily beside gambling such as trading, you can optimize your trade by use bitcoin daily for trading if fluctuations show chance to take profit. You can use your bitcoin as a capital in trade, it will very nice. but everyone has own choice what they will do for using bitcoin daily, no problem if you like gambling Wink

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April 19, 2017, 12:35:51 PM
 #785

I like to use bitcoins for gambling, it is easy, fast plus i dont have to go to the real casinos.
Me too, I guess bitcoin are getting popular because of gambling, I believe the gambling industry will grow because people find
bitcoin a good tool to gamble easily. I gamble regularly so I use bitcoin and I have a good experience to share with my gambling journey.
if many countries prohibit gambling, in bitcoin whoever you are and wherever you are you can gamble, so even prohibit gambling regulations in your country. you can still gamble freely


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April 19, 2017, 01:13:30 PM
 #786

In my bitcoin wallet there are so many thing i can do in my bitcoin like paying bills, buying loads, or buying in a store also when i invited someone it give cash and when you do pay bills or buy load you will get a cashback so really cool. So i use my bitcoin in paying my bills more bills i pay more money i make so better for me when i load my self i do get a small cashback to .
I agree with you . many services that have given this feature. we do a lot of bills using bitcoin, was very helpful in our lives. we are not difficult and troublesome to queuing at payment counter. in addition we can also save time for other activities are more useful.
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April 19, 2017, 01:25:03 PM
 #787

In my bitcoin wallet there are so many thing i can do in my bitcoin like paying bills, buying loads, or buying in a store also when i invited someone it give cash and when you do pay bills or buy load you will get a cashback so really cool. So i use my bitcoin in paying my bills more bills i pay more money i make so better for me when i load my self i do get a small cashback to .
I agree with you . many services that have given this feature. we do a lot of bills using bitcoin, was very helpful in our lives. we are not difficult and troublesome to queuing at payment counter. in addition we can also save time for other activities are more useful.

Those features were really useful and can really help a lot,it provide convenience to its user plus a income too,it can be a medium of business and can be a substitute bank, we should find a secured wallet that will benefit us easily as well can save our money too. Hoping for more productive features that bitcoin can offer. I have eloading business using bitcoin wallet anyway.

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April 19, 2017, 01:49:05 PM
 #788

The problem that we get when using Bitcoin for daily use is a long time to wait for the transaction is confirmed and if you want to fast then have to pay the fee is quite high, so want to use Bitcoin for daily use is better use a very important thing, or transaction with big amount.

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April 19, 2017, 02:24:52 PM
 #789

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 experienced that, I waited for so long, almost a week but not in Starbucks it is paying for my job done. I think it is better to change it into fiat or into cash to less hassle and not embarrassed to the other people. Make a better way to make our life easy and comfortable. Just make it sure you have a cash if they were not accepting bitcoins. Have an alternative way to not interfere with other people.

yes, it is true, for our life everyday I think bitcoin is still not good, it would be very complicated if you use it, due to the daily life that is in need of a quick process for the transaction, such as you have demonstrated, may if the time of payment is long enough you can use bitcoin, but for in the shop, or the market you can not easily use it, transactions there very quickly, exchanging it became fiat be a good way to use bitcoin everyday, and you have to exchange bitcoin few days in advance for you to use pay in certain tenpat like Starbuck.
perhaps with the development of technology that will come, we can use bitcoin anywhere quickly and easily. Roll Eyes Grin Grin
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April 19, 2017, 02:28:04 PM
 #790

The problem that we get when using Bitcoin for daily use is a long time to wait for the transaction is confirmed and if you want to fast then have to pay the fee is quite high, so want to use Bitcoin for daily use is better use a very important thing, or transaction with big amount.

Amen. I use my Shift card from Coinbase most days. Problems usually arise when I am attempting to add additional funds to the card (takes forever to confirm and post, has had me sitting at a gas station for an hour because I neglected to bring back up cash). Other major issue is when the API they use lags; it will deny the transaction, take the coin, the refund the coin a day later or so. And the store POS will have it as a rejection. I accidentally got a free meal this way ( argued the waitress down that she had actually charged me, showed here the line item, and eventually she comped the entire meal and apologized. After I left the restaurant, about 30 minutes later the coin refunded, had to call back and apologize the next morning. They didn't make me pay, so, solid customer service at least.)
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April 19, 2017, 02:37:36 PM
 #791

I have not used bitcoin for direct payments, because in my country rarely accept bitcoin. But I think if bitcoin used as direct payments it is going to take a few minutes to confirm the payment, it is better to use a fiat because it does not require the process. Bitcoin is less suitable I think if it is used for direct payments that need development again to be used for direct payments, but for online payments bitcoin very superior because it would be more efficient.
Yes the country is the common variable that may affect the daily usage of bitcoin. In some other way bitcoin is not legal in terms of law and it is not manipulated by government meaning to say in some country the acceptance of bitcoin in transaction especially on local businesses is not yet compromised and solved. But it may be solved in a near future because as can we see bitcoin is developing its transaction day by day no doubt that many business will be open on accepting bitcoin on their daily transaction.
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April 19, 2017, 02:38:36 PM
 #792

The problem that we get when using Bitcoin for daily use is a long time to wait for the transaction is confirmed and if you want to fast then have to pay the fee is quite high, so want to use Bitcoin for daily use is better use a very important thing, or transaction with big amount.

Amen. I use my Shift card from Coinbase most days. Problems usually arise when I am attempting to add additional funds to the card (takes forever to confirm and post, has had me sitting at a gas station for an hour because I neglected to bring back up cash). Other major issue is when the API they use lags; it will deny the transaction, take the coin, the refund the coin a day later or so. And the store POS will have it as a rejection. I accidentally got a free meal this way ( argued the waitress down that she had actually charged me, showed here the line item, and eventually she comped the entire meal and apologized. After I left the restaurant, about 30 minutes later the coin refunded, had to call back and apologize the next morning. They didn't make me pay, so, solid customer service at least.)

Really ? How are you able to pay the gas station with those cards loaded with Bitcoin ? Usualy you can't use it at gas station, to rent a car, paying the hotel, with those type of VISA/MASTERCARD.There are some cards that you can do this of course, but prepaid cards it is not possible, at least here, no matter if it is a card loaded with bitcoin by the way. All prepaid cards are restricted paying those things, it's usualy noted on user agreement/TOS

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April 19, 2017, 02:43:47 PM
 #793

I have not used bitcoin for direct payments, because in my country rarely accept bitcoin. But I think if bitcoin used as direct payments it is going to take a few minutes to confirm the payment, it is better to use a fiat because it does not require the process. Bitcoin is less suitable I think if it is used for direct payments that need development again to be used for direct payments, but for online payments bitcoin very superior because it would be more efficient.
Yes the country is the common variable that may affect the daily usage of bitcoin. In some other way bitcoin is not legal in terms of law and it is not manipulated by government meaning to say in some country the acceptance of bitcoin in transaction especially on local businesses is not yet compromised and solved. But it may be solved in a near future because as can we see bitcoin is developing its transaction day by day no doubt that many business will be open on accepting bitcoin on their daily transaction.

Yeah and some country just don't care and life keeps going on.  Grin
It will really affect if it seen by people who are not into bitcoin, that is being used daily by other bitcoin users. Specially when it comes in handy, like making purchases or paying up other bills into which others will need to line up at the payment station while we dont.
Seeing that convenience will make them think to why not have some for the same convenience.

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sportis
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April 19, 2017, 03:05:11 PM
 #794

I think at this time, daily use of BTC will be very difficult because transaction fees are much higher than before

It depends. In Japan people they can buy electronics from one of the biggest retailers Bic Camera using their coins directly (from their mobile wallet) without the need of any intermediary like as a bitcoin card. Untill this summer about 260,000 shops in the same country decided that will be bitcoin friendly. Therefore, if there is the will some other countries will follow the example of Japan.
daringdiscovered
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April 19, 2017, 03:40:15 PM
 #795

I like to use bitcoins for gambling, it is easy, fast plus i dont have to go to the real casinos.
Me too, I guess bitcoin are getting popular because of gambling, I believe the gambling industry will grow because people find
bitcoin a good tool to gamble easily. I gamble regularly so I use bitcoin and I have a good experience to share with my gambling journey.

I don't think so, because it is the other way around. Gambling sites are popular because of bitcoin, and many bitcoin users are getting addicted to gambling because they think that they could earn easy money on it, but could they? Well, some of them are lucky enough to win big amount of bitcoins here in gambling. But I would rather spend my bitcoins to buy stuffs that I really needed, than to use it in gambling, at least if you are going to buy something out of it, then you are going to see where your bitcoins went. Smiley
Meycell
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April 22, 2017, 03:56:34 AM
 #796

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.

You can also use special accelerators to make the transaction faster. It does not need to put a high commission. I almost always use these sites when my transaction is not confirmed
i think put the more fee it's no problem for faster transaction Smiley
for 0.0011 just little fee , in my exchanger's country for each withdraw we have to pay about 0.002 .....
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April 22, 2017, 05:27:45 AM
 #797

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?
Yes,its a big issue in bitcoin nowadays.It should be solved quickly for the progress of bitcoin.Otherwise,big companies would drop their plans of adopting bitcoin payments.
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April 22, 2017, 04:15:57 PM
Last edit: April 23, 2017, 06:14:41 PM by raven7886
 #798

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.

You can also use special accelerators to make the transaction faster. It does not need to put a high commission. I almost always use these sites when my transaction is not confirmed
Yes, using other sites for the purpose of acceleration of transaction works good as I have tried viabtc few times. But  usually my transaction don’t take that much time for confirmation so I am personally not facing such issue. Yeah It can be said that it happens rarely with me.

In future we will be having some enhancement with the bitcoin ecosystem to avoid long waiting for confirmation, this way bitcoin will be very much suitable for daily usage. Hope this will be happening in very near future itself.
whizter
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April 22, 2017, 07:01:21 PM
 #799

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?
Yes,its a big issue in bitcoin nowadays.It should be solved quickly for the progress of bitcoin.Otherwise,big companies would drop their plans of adopting bitcoin payments.
yes no doubt that it is an important issue to be solve on priority basis, as it will create problems in future. i think most of the big companies are thinking about to adopt bitcoin as their payment system but i think if this problem will persist then  they may be also thinking about that issue to decide either to accept bitcoin for payment system or not.

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April 22, 2017, 07:42:47 PM
 #800

this confirmations time was always an issue with bitcoin. at first people do not matter it much because of the low network size and very low fees and even some of us like to experiment with the network like what is gonna happen if we do not give any fees and right now the problem has taken a bigger shape. nowadays if we transact any amount we have to pay like 2-3% in these transaction fees just to get the coins in time or else these can take many days to get confirmed
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