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Author Topic: Do you use BTC as a digital currency for paying online ?  (Read 3666 times)
Rosilito
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January 31, 2018, 01:18:52 PM
 #341

Maybe I would. It seems to an easy way though, because why would I bothered to go to a such place to buy or pay something when I could buy it online and pay it online through the use of bitcoin, using bitcoin is very convenient as it seems like typing a letter with a use of computer instead of writing it down on a piece of paper which is exhausting. And I am hoping that one days this time would come.
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January 31, 2018, 01:19:02 PM
 #342

i do not do that.
i use bitcoin for trading to get profit.
but it is not possible for anyone to use bitcoin for paying online

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January 31, 2018, 01:35:43 PM
 #343

At the moment, bitcoin is more profitable just as an investment, as there are very few places where you can spend bitcoin. And now the speed of the transaction and the commission for it leave much to be desired.
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January 31, 2018, 01:39:22 PM
 #344

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 think that I will be using bitcoin for investment for long-term since you can gain much profit in investing something. Of course, I am aware of the risk that I might take. It is also possible that I will be using bitcoin to shop online. But let's just see if the time comes wherein the main payment for online shopping is bitcoin.
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January 31, 2018, 01:48:54 PM
 #345

At this point in time, I use bitcoin only for earning on stock exchanges. Bitcoin as a currency has not yet received sufficient development, mainly due to technical nuances. But this should happen in 5-7 years, I think so.
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January 31, 2018, 02:05:04 PM
 #346

The core principle of Bitcoin states that Bitcoin is a payment system but since it is still in the early phase, most of the people are looking to exploit the opportunities. I don't think that getting rewards in this way is bad or unethical but I deeply believe that we should look at it as a payment system in the first place and work according it. Speculation is affecting the core values of it in my honest opinion. I would definitely use Bitcoin as a payment system but we need to find solutions for the issues like high transaction fees and confirmation time.
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January 31, 2018, 02:08:45 PM
 #347

Yes i bought my hardware wallet by paying bitcoin. Day by day online services accept bitcoin for transaction. I think after some years bitcoin will become a famous currency for online shopping
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January 31, 2018, 02:41:24 PM
 #348

Most of the banks here in our country offers digital money that give you convenience because it offers services similar to bitcoin. The only inconvenience that I see is that you have to go through the bank for you to have funds in it, and banking here is hell. You'll have to allot at least 2 hours for you to finish doing bank transactions.

Luckily we have a wallet application that accepts bitcoin as payment then you can convert it into digital money. After that you can easily pay your bills, send money, buy prepaid loads and even top up some online games.
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January 31, 2018, 02:55:33 PM
 #349

No, because I'm not going to spend my crypto currency. It will receive more beneficial use in a few years, when it will grow substantially in price and I prefer to keep it until this time.

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January 31, 2018, 02:56:24 PM
 #350

At this point in time, I use bitcoin only for earning on stock exchanges. Bitcoin as a currency has not yet received sufficient development, mainly due to technical nuances. But this should happen in 5-7 years, I think so.
Although most of the people are using bitcoin for investment purposes, but still there are a lot of people who are also using bitcoin for shopping online and for so many other purposes. To me i personally use bitcoin for shopping online but to limited purpose because of the increasing transaction fee.

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January 31, 2018, 03:01:47 PM
 #351

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 ?

My main source of income is bitcoin. I paying my bills by the use of the bitcoin. There is particular application in my country that is suitable to pay bills and expenses through the use of bitcoins.
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January 31, 2018, 03:05:17 PM
 #352

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 can say that Bitcoin was made to use as online payment but because of its increasing demand bitcoin now is an online investment or asset and still a payment through online

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January 31, 2018, 03:09:26 PM
 #353

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 ?

Indeed really numerous BTC wallet offers this sort of administration. You can pay charges purchase loads educational cost expenses and so forth. It is a major accommodation for everyone since they will dispose of the exertion for the manual methodology and spare the time which dispensed for it.
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January 31, 2018, 03:16:16 PM
 #354

I have use bitcoin as digital currency for paying online like I wanna buy some electronic product from the country where have support the bitcoin in their country, I have choose the bitcoin as the payment because it to easy to make transaction where we want to buy something. By using bitcoin digital currency for paying online it will be better than we use the other virtual money like payza or paypal because there are never have trouble in payment.
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January 31, 2018, 03:23:26 PM
 #355

Actually, that is valid. There is an option where Bitcoin can be used as payment, directly if ot is legal to your country and needs convertion of fiat if it is not. My friend uses that option to oay their bills and it is less time consuming than to go on the payment centers. Maybe in the future, it will be applied to most of the countries.

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January 31, 2018, 03:34:14 PM
 #356

If bitcoin will have a faster network or blockchain with a cheaper fee then i will consider using bitocin as a digital currency for paying online because it will be easily transferred to the wallet of the people that needs the payment which is one of the revolutionary currency that is available right now that we can really use in the future.

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January 31, 2018, 05:34:40 PM
 #357

I use more the btc to operate, for the exchange of transactions to fiat money, but also used a couple of times for online purchases. The problem with online shopping is that not all companies, shops, businesses, accept payment with bitcoin and that causes an impossibility to think about making mass purchases ... On this same topic, is it true that some clothing stores accept the payment of btc? I read it on the web but I can not believe it at all.
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January 31, 2018, 05:37:19 PM
 #358

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 ?

yah, i use to buy online games like steam games and skins, and i sell them in real money. you can use btc anywhere as on as the company accept btc:)
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January 31, 2018, 05:41:24 PM
 #359

Currently BTC fees are still too high to use it for every day payments. So I try to use other criptocurrency such ETH or LTC for this purpose  Smiley

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January 31, 2018, 05:51:15 PM
 #360

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 am paying my monthly bills online using my bitcoin wallet that is SEC registered here on my country. bitcoin is very accessible and they are accepting it on all my bills, lucky me i don't need to fall in line and i can also pay any bills online in just a few clicks.
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