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Author Topic: Do you use BTC as a digital currency for paying online ?  (Read 3663 times)
MrCrank
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November 05, 2017, 07:03:49 AM
 #141

It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.

Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?


I used Bitcoin for online paying before today..
Bought items, paid for service..
I keep bitcoin now because price is very high..
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November 06, 2017, 05:23:31 PM
 #142

I haven't used it as a payment method yet. I haven't seen it yet where i buy online, but even if i there was the option of BTC i wouldn't do it. I think that right now BTC has more value as an asset in trading or just investing rather than using it as a transaction coin.

I agree and also haven't used bitcoin as a payment method on buying/paying online, But you can use bitcoin as a digital currency for paying online. In my country, there is no online shops or place that i usually go to buy things or buy services because i am more on like a simple lifestyle where i just spend money in clothes, gadget and things what I need in my everyday life. I use bitcoin also as an investment for future.
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November 07, 2017, 06:18:08 PM
 #143

Yes of course . now a days many website use bitcoin as paying method . I used some websites and also for buying games . it’s a easy method . I hope in future evryonline business will  use bitcoin as paying method too.
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November 10, 2017, 10:04:58 AM
 #144

i never buy stuff on internet with bitcoin. if i have one i will exchange to regular money.
in my country you can make transaction use bitcoin just with people that accept bitcoin itself.
Well bitcoin is a digital currency but most of sites and people do not accept bitcoin. They do not believe in bitcoin due to lack of knowledge and proper guidance. It is used for investments but it is not accepted for online shopping. But the speed with which it is progressing one day each shop and site will accept payment in bitcoin
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November 13, 2017, 08:34:54 AM
 #145

It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.

Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?

Yes I will start buying something with the use of bitcoin when is fully legalise in my country. This is because, at the moments there is no online shops or virtual shops that accept bitcoin as a mode of payment here in my country and that makes me to always convert it to dollar before I can make use of it to purchase things.  
I see the problem buddy.
That's what makes it only a conventional form of asset as now is. I mean if you have to convert it everytime in fiat, it does not make any sense because it first was concept as digital currency as that is the way we must use it.
The problem is the Governments and its control.

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November 13, 2017, 08:41:53 AM
 #146

i never buy stuff on internet with bitcoin. if i have one i will exchange to regular money.
in my country you can make transaction use bitcoin just with people that accept bitcoin itself.

I've tried person to person purchase with btc already and it's a lot more convenient than other options. Though i don't think there are a lot of retailers or businesses that would transact with you this way yet

You are right. As for now, there isn't such a big opportunity for us to spend it online. As Giant Ecommerce would start accept it, you'll see how much we use it  Shocked Shocked
For now just HODL  Grin Grin

Anyway we cannot think any governments take first step to make it legal currency 'cause they think they can only lose taxes money

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November 13, 2017, 08:43:29 AM
 #147

This is very convenient, the purchase of foreign products can be paid immediately. Grin
luxcoin (OP)
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November 13, 2017, 08:49:12 AM
 #148

i never buy stuff on internet with bitcoin. if i have one i will exchange to regular money.
in my country you can make transaction use bitcoin just with people that accept bitcoin itself.
Well bitcoin is a digital currency but most of sites and people do not accept bitcoin. They do not believe in bitcoin due to lack of knowledge and proper guidance. It is used for investments but it is not accepted for online shopping. But the speed with which it is progressing one day each shop and site will accept payment in bitcoin

Great point of view man.
You know, the gateway options for Cryptocurrencies already exist, but their poor knowledge does make they cannot integrate that option in their local e-shops.

I think personally, that buying something immaterial such as games is much easier for them, because there is no good to deliver and also for anonymous thing. We'll see something big happen in the near future..

Stay tuned  Grin Cheesy

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November 13, 2017, 08:51:49 AM
 #149

Few times, I used BTC directly to pay for things
Most of the time; I am using it 'indirectly' through my Debit Cryto Card (that I load with BTC or other ALT and then be able to use it as any other card)

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November 13, 2017, 02:36:41 PM
 #150

not yet, but if u want to use bitcoin on paying online,  u can use it directly.
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November 13, 2017, 02:39:51 PM
 #151

Using at shops for years. Right now it's not feasible at current transaction fees.
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November 13, 2017, 03:29:01 PM
 #152

Yes.I do.Its very safe to use to pay.Without any barriers we can buy No extra fees,ect ect.A free world without any extra fees.
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November 13, 2017, 03:59:10 PM
 #153

No extra fee's u say huh? Smiley)

https://blockchain.info/tx/1c14aba4f769942584358bd9e2b5ef76f2c071689edc8206e185281520a109d9

Just paid 4$ for a 25$ transfer and will likely be waiting 24hours for it to get 1 confirmation. It is awfull to use right now, my shops didn't yet add other payment methods so i'm stuck paying john gotti fee.
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November 13, 2017, 04:21:14 PM
 #154

No extra fee's u say huh? Smiley)

https://blockchain.info/tx/1c14aba4f769942584358bd9e2b5ef76f2c071689edc8206e185281520a109d9

Just paid 4$ for a 25$ transfer and will likely be waiting 24hours for it to get 1 confirmation. It is awfull to use right now, my shops didn't yet add other payment methods so i'm stuck paying john gotti fee.

Well bitcoin is supposed to be a currency but it's really not being used as such, and I don't blame people. Essentially you would have to pay a 5$ fee for a 2$ coffee, for example, which is stupid. You can't really use bitcoin right now for small purchases, it just doesn't work, there are solutions to this, of course but they take time. My prediction is that when cryptos are actually used as currency, we will not see bitcoin as the top one, there will probably be a lot of new cryptos with new technology that will take over bitcoin.

BTC was designed to be used, not to be held as an asset, unfortunately we have gone past that point, it will most likely remain as an investment until it finally dies overthrown by a better coin.

https://medium.com/@rusty_lightning/dear-bitcoin-im-sorry-fees-will-rise-b002b1449054

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November 13, 2017, 04:24:33 PM
 #155

Definately. It was okish before friday though. You could pay 30-180 sat/byte and get thru in an hour or so. Hope they clear the backlog soon.
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November 13, 2017, 04:31:15 PM
 #156

No i use BTC to make my future bright i just save it or trade it for other coins this way i make more profit i purely just use and i am in to bitcoin just because of the fact that it can give me money and i need a lot to secure my future that is why.
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November 13, 2017, 04:34:53 PM
 #157

It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.

Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?

for this to develop it must be removed.
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November 13, 2017, 04:42:41 PM
 #158

Yes its some way like when i play faucet so i need to do deposit in their site or i will exchanger bitcoin to our own money because in my country we have that kind of wallet.I think the main purpose why this bitcoin create is really for paying online and to have a bank that you can only access or open the account
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November 13, 2017, 06:47:00 PM
 #159

i am using for bank of my money was secure
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November 13, 2017, 07:13:46 PM
 #160

No extra fee's u say huh? Smiley)

https://blockchain.info/tx/1c14aba4f769942584358bd9e2b5ef76f2c071689edc8206e185281520a109d9

Just paid 4$ for a 25$ transfer and will likely be waiting 24hours for it to get 1 confirmation. It is awfull to use right now, my shops didn't yet add other payment methods so i'm stuck paying john gotti fee.

This is a temporary phenomenon (I hope). Whenever there is a lot of activity, blocks tend to become full and transaction fees shoot up. Hopefully, the dust will settle down and things will go back to normal. people usually won't have a problem paying 0.1mbtc as fees.


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