Smartphones are vital to bitcoin growth

[HarringtonStark]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

[ddosamerica7]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Bien dit. Well said. Apple Pay is the mainstream trying to adopt the crypto fever in a controlled fashion. The best possible result would be for as many people to accept cryptocurrency as possible to initiate it into the real world.

[HCP]

except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so?

On the other hand, Apple Pay is also centralised and doesn't provide even pseudo anonymity.

Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more.

The days of shifting bitcoins around for pennies are long gone... unless you want to wait.

[pooya87]

except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process....

if you are paying $1 for bitcoin transaction fee that means you have been accumulating a lot of dust in your wallet. go learn what transaction size in byte is and how it becomes big then come back.

right now fee for a normal transaction the highest fee is 40 US cents

what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so?

there is a very simple risk assessment that a simple code can do, you can even use an online tool such as blockcypher to do it for you.
a merchant doesn't have to worry about transaction with normal amount of fee, with no unconfirmed parent and no other shenanigans.

and they are accepting bitcoin payment before confirmation.

[shamzblueworld]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Agreed, that is definitely the future. But the point of slow transaction is also valid, bitcoin has to come up with something better to cope with it so it can be more popularized in the general people and business world.
I this this could be the only or the biggest hurdle standing in bitcoin's way for now.

[Caladonian]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Agreed, that is definitely the future. But the point of slow transaction is also valid, bitcoin has to come up with something better to cope with it so it can be more popularized in the general people and business world.
I this this could be the only or the biggest hurdle standing in bitcoin's way for now.

for sure that can be resolved in no longer time, and OP's statement really matters regarding to bitcoin evolution if more and more people who do treat bitcoin for their transaction with the help of mobile devices it will be much easier and business owners will start recognizing the system and integrate their business for much faster and easy ways to deal with clients/customers.

[timerland]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Smartphones as you said, are becoming more like a one of the common goods, most of people have bought it because they are not so expensive nowadays.

But people may use also just regular wallets like blockchain.info or other web wallets, you can login on them through browser at mobile.

I have to say that QR codes for bitcoin are very useful, it would be very frustrating to type the address directly one by one, when you can just scan the QR code and have no problem with that.

Paying in the malls or stores with bitcoin makes sense only when you can access it through your mobile phone.

[gribble]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

Yes, and the operating system of smartphone will be more vital to bitcoin growth is android
because the numbers of users more large than iPhone Apple
and bitcoin payment method Will be more popular on android than iPhone Apple
 although it will needs long time for happening because the bitcoin is still not famous.

[zend7]

Smartphones are a big help to bitcoin growth and visibility but are NOT vital to it. Bitcoin is doing well from mining, and other major uses that has been discussed thousand times here like watching porn with bitcoin without revealing details and gambling with it in an anonymous way. These are the 2 major industries that are vital for bitcoin growth in my opinion but I also agree that smartphones will help a lot a few years from now when hopefully they will be more secure (Android OS full of malware and viruses if you don't know what you are doing).

[gabbie2010]

smartphones user will also contribute to the growth of bitcoin a andriod users too are growing globally, the main issue is to advisetise the importance of using bitcoin to people i.e creating more awareness to people. thereafter mobile transactions using bitcoin will gain more ground locally and internationally.

[doomistake]

Smartphones are a big help to bitcoin growth and visibility but are NOT vital to it. Bitcoin is doing well from mining, and other major uses that has been discussed thousand times here like watching porn with bitcoin without revealing details and gambling with it in an anonymous way. These are the 2 major industries that are vital for bitcoin growth in my opinion but I also agree that smartphones will help a lot a few years from now when hopefully they will be more secure (Android OS full of malware and viruses if you don't know what you are doing).

Correct, smartphone is the other way which we could use in earning bitcoin, if we don't have a laptop. So how come that it is vital to bitcoin? I think it depends on the person on where he is going to use his smart phone, whether for bad thing or for good thing, and watching porn using bitcoin is not vital, it is normal since we do have our needs, what is wrong is if we are going abuse bitcoin by using it on the illegal things here on the internet.

[DoublerHunter]

Yes smartphone is one of the reason why bitcoin is keep growing because of its being good to go, you just need internet connection and bitcoin wallet then you can execute different transactions online or offline. More and more people are now using smartphone and that is why bitcoin is keep on growing faster than before because the technology is being the center of attraction in our era.

[KennyR]

Yes smartphone is one of the reason why bitcoin is keep growing because of its being good to go, you just need internet connection and bitcoin wallet then you can execute different transactions online or offline. More and more people are now using smartphone and that is why bitcoin is keep on growing faster than before because the technology is being the center of attraction in our era.

As stated smartphone and the applications that comes into usage helps directly and indirectly in the growth of bitcoin as well other digital aspects. Now a days the change has got initiated that people moving towards mobile payments from the card system which emerged as an alternate to the direct payment and withdrawal.

[xskl0]

A lot of people without access to a bank have a smartphone.

[paul gatt]

Not only are smartphones essential, all the technological devices used to access the internet are essential things that are needed for the development of bitcoin. Bitcoin is a product of technology, so it attaches new internet networks. If the internet no longer works, bitcoin and all other virtual currencies will become worthless. Bitcoin is the symbol for convenience and speed in transactions, you can implement it wherever you like. That's why we all choose it.

[cengsuwuei]

More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.

 

crypto curency the future can replace digital curency(paypal , perfectmoney and more) and credit card/debit card
because crypto curency include bitcoin is very easy use without verified low fee transaction and fast transaction, can mobile transaction use android wallet

[FlightyPouch]

A lot of people without access to a bank have a smartphone.

I think not all of them, ever since bitcoin flurish and starts to become a virtual currency, people used to store their bitcoin into their android wallets. After that, they think they can't withdraw their bitcoin coverted fiats without a bank account. So they started using android bitcoin wallets to store bitcoin, pay some bills, and the bank to store their fiats that cane from bitcoin.

[marketone]

smartphones user will also contribute to the growth of bitcoin a andriod users too are growing globally, the main issue is to advisetise the importance of using bitcoin to people i.e creating more awareness to people. thereafter mobile transactions using bitcoin will gain more ground locally and internationally.

Already many people started using their smartphone for buying and selling bitcoin, but this is more comfortable for many people because there is no need to carry laptops every time, bitcoin is becoming more popular when many people started using smartphone for transacting bitcoins.

[soul-impact]

The modern world requires a lot of things, dealing with the phone is a very convenient and indispensable thing. Most smartphones are now smartly designed and full of features to cater to our business. Bitcoin uses internet data system, so smartphone can help us to make transactions easily. It is more convenient and easier than we would use a computer.

[GreenBits]

smartphones user will also contribute to the growth of bitcoin a andriod users too are growing globally, the main issue is to advisetise the importance of using bitcoin to people i.e creating more awareness to people. thereafter mobile transactions using bitcoin will gain more ground locally and internationally.

Already many people started using their smartphone for buying and selling bitcoin, but this is more comfortable for many people because there is no need to carry laptops every time, bitcoin is becoming more popular when many people started using smartphone for transacting bitcoins.

A lot of the cultures that use bitcoin as a working technology, don't even own laptops.. For the countries with weak banking systems or a low general level of capitalization, the phone is the primary method for Internet banking. An excellent example of this is MPesa. The whole of the interface is mobile, and it is used more extensively than banks.