We can't buy something with Bitcoin quickly

[moooonu]

I agree with your concern on real time usage of bitcoin we can make sure by paying high transaction fees even it will take time. I recommend convert into fiat currency in exchanges and use it .

There are many sites nowadays where you can buy good directly with bitcoins. You can try any of them but nowadays you have to pay alot higher transaction fee then it used to earlier and also have to wait for hours to get 3 confirmations on your transaction.

[stompix]

I agree with your concern on real time usage of bitcoin we can make sure by paying high transaction fees even it will take time. I recommend convert into fiat currency in exchanges and use it .

There are many sites nowadays where you can buy good directly with bitcoins. You can try any of them but nowadays you have to pay alot higher transaction fee then it used to earlier and also have to wait for hours to get 3 confirmations on your transaction.

The speed problem is still here.
So... what where you saying?

You cannot double spend Bitcoin. Once it is sent, it is sent. In other words, Bitcoin transaction cannot be reversed. There are no possible chargebacks. But this is only applicable once the transaction is confirmed by a miner. So yeah, like you said the vendor would have to wait for the confirmation, which takes a long times these days, or be content with visual confirmation that the purchaser has sent the desirable amount to the correct address. Most vendors are chill and don’t mind, but many are extremely meticulous. It really depends on the vendor. But if Bitcoin is to be used in everyday life, this is going to be a hurdle that we must overcome.

Yes you can double spend but that implies a lot of hash power. Not going to happen

But the entire saga about getting one confirmation is the main problem here.
Nobody gives a damn about the second or the third.
The first one that might take hours normally or if you're really unlucky even one hour and half even with the biggest fee in the mempool just because no block is mined if what turns people off about it.

[jc89]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

Bitcoin, today, is impractical to be used as a mode of payment because of the existing high fees and the waiting time for the transaction confirmations. It is much more convenient to pay in fiat rather than in Bitcoin. AS for you case, it will depend on the merchant if they will accept unconfirmed transaction or not.

Double payment rarely occur since if the payment was sent to blockchain, most wallet gives a notification to the user that the payment was  sent.

[darkangel11]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

Bitcoin, today, is impractical to be used as a mode of payment because of the existing high fees and the waiting time for the transaction confirmations. It is much more convenient to pay in fiat rather than in Bitcoin. AS for you case, it will depend on the merchant if they will accept unconfirmed transaction or not.

Double payment rarely occur since if the payment was sent to blockchain, most wallet gives a notification to the user that the payment was  sent.

Wait, am I missing something here? Aren't you a member of a signature campaign that is getting regular payments for posting? Aren't those payments done in bitcoin?
Somehow it is convenient for your manager to keep paying you and it is convenient for you to keep receiving these transactions, yet you're saying it isn't 

It's not hard for a merchant to wait for a confirmation. If I order something online they have it written down that they have at least a week (usually two) to sand the product. Confirmations are much faster.

[Weatherby]

I agree with your concern on real time usage of bitcoin we can make sure by paying high transaction fees even it will take time. I recommend convert into fiat currency in exchanges and use it .

The real time usage of bitcoin is quite difficult as the delay in networks will take a longer time and the over all money you have to spend will be much more than the product because of the network fees and unless you are getting the coins through mining  it is not a profitable thing to shell out more money with every transactions,so bitcoin is not meant for that and you could convert it to fiat for daily shopping.

[andrei56]

Unless they sort out the high transaction fees, buying coffee or tea with Bitcoin or even a pizza is not even viable until the transaction fees are lowered in some way. I hope this happens or segwit gets activated.

The problem is  not only the high fee, one of the biggest problems is the speed of confirmation, can you imagine to wait for a 10 minutes before getting a confirmation and that is if you pay a high fee if you don’t you could need to wait a few hours after buying your coffee.

[Taskford]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

Yes it can be but not for now.
Maybe some more years, when bitcoin is acknowledged all over the country. When all the merchants are accepting btc as payment. Of course there will be no long waiting for confirmed transaction, no need to show your phone just to make him believe that you already sent. No double spending. Oh I wish it will be happening sooner. But for now cash is the most convenient to use as ever.

[doomistake]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

Bitcoin, today, is impractical to be used as a mode of payment because of the existing high fees and the waiting time for the transaction confirmations. It is much more convenient to pay in fiat rather than in Bitcoin. AS for you case, it will depend on the merchant if they will accept unconfirmed transaction or not.

Double payment rarely occur since if the payment was sent to blockchain, most wallet gives a notification to the user that the payment was  sent.

And spending your bitcoins on this kind of stuffs is just a waste of profits, spending your bitcoin just to buy coffee for example? lol, it is better if we are going to save our bitcoin or if we are going to spend it for something then it would be better if we are going to convert it first so the profits that we could make in the long run won't be wasted.

This double payment only happens if our internet connection is so slow that is why we are thinking that we didn't send the transaction yet but we already did, that is why we should be careful on sending bitcoins.

[Boov]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

The transaction will show up in the wallet.  You can also send without confirmation.  The transaction would always go down to the agreement between the merchant and buyer.  It depends on how they deal with this kind of transaction.  For now using bitcoin for evryday transaction is still not as convenient as using fiat money since bitcoin is still not accepted globally.

[btctousd81]

increase the fees and it will be confirmaed within minutes., happened to me once., confirmed within 2 minutes,

[liliiaolivia2017]

In principle, you have to invest in 10 minutes of the transaction, but if it is on a day off, it can take more time, up to an hour, of course, and coffee will cool down during this time). If the seller does not trust you, you can pay a commission and find another merchant for the same product. Today bitcoin is not really convenient in using. 

[UCHCHILD]

I guess you can if you put a high fee on the transaction that you are going to do. But you can ask the merchant if he or she willing to wait if you put low amount for fee it is up to your conversation or where you both up to. But possibly he or she will choose just to put a high fee so the store can claim your money with no worries at all. So for me, you can buy it in your cost.

[Xester]

For me the transaction time I was encountering was just easy and fast.  Though we do not have here establishment that accepts bitcoin for coffee or foods.  But we can buy cellpjone loads in a nick of a time.  We can also transfer or encash our bitcoin in a short period of time.  So for me bitcoin transaction here is easy.

[ric_ardo]

I suppose technology takes a little time to be seamlessly integrated into systems, previously no country used to accept bitcoins as a form of payment, but now some do..so I guess its a matter of time for the transaction delay time to be reduced. Also for other countries to embrace it

[DoublerHunter]

For me the transaction time I was encountering was just easy and fast.  Though we do not have here establishment that accepts bitcoin for coffee or foods.  But we can buy cellpjone loads in a nick of a time.  We can also transfer or encash our bitcoin in a short period of time.  So for me bitcoin transaction here is easy.

Bitcoin is a cryptocurrency but it doesn't work like the fiat and if we will just spend our bitcoins to the basic things that we can buy thru fiat money then it is very nonsense for using bitcoin to that. It is better to just use our fiat money to buy things and not bitcoin because if we look in fees they are high now and it is like a silly move to just use bitcoin for regular activities.

[h3nchm19]

You can use bitcoin to buy a wide variety of items directly for bitcoin, and everything indirectly through exchanges and buying Gift Cards and reward accounts from Gyft, Hence can actually buy everything from Walmart to Amazon indirectly.

[chocolah29]

increase the fees and it will be confirmaed within minutes., happened to me once., confirmed within 2 minutes,

Wow that was fast. So you mean you need to increase your transaction fee just to get a fast confirmation? The higher the price the faster the confirmation? That's cool but not practical to do.
Just use my cash for a cup of coffee. That will be fine now. Maybe I'll use my btc when things are better.

[eternalgloom]

It's not always that bad though, I mean right now and the past couple of weeks there have been fewer transaction and you can get away with a somewhat normal fee.
There are 14000 unconfirmed transactions right now and you'll get your transaction confirmed by paying around 360 satoshis/byte

[phuclzu12]

For exemple, I go to a coffee shop, I buy a coffee, then I pay with Bitcoin, we have to wait for a confirmation, no? or the merchant will just trust me if I show my wallet?
How can we be sure that it's not a double spent transaction or something else?

This is one of issue Bitcoin need improve soon! In present, more altcoins can make payment very fast, maybe just need under a minute to get confirm, look like as XRP, DGB ... I think Segwit2x will improve this issue and change fee for transaction BTC to lower than now

[Lampaster]

It's not always that bad though, I mean right now and the past couple of weeks there have been fewer transaction and you can get away with a somewhat normal fee.
There are 14000 unconfirmed transactions right now and you'll get your transaction confirmed by paying around 360 satoshis/byte

If the number of transactions becomes smaller it is not very good. Suffers trade for bitcoins, and this can affect the demand. Perhaps for this reason, there is a drop in prices? No trade for bitcoins at the crypto has no future because it is constantly investing in coins is impossible. Any currency desired turnover.