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Author Topic: Bitcoin as a mode of payment  (Read 4289 times)
Fappanu
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January 11, 2018, 08:09:15 AM
 #241

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

It is best if the payment mode is in bitcoin. For people who are urgently paying for what they want to buy. In order not to withdraw from the banks. It is best to have mall most people bitcoin as a mode of payment. Many marketing places are in no way as bitcoin is a mode of payment. They may have placed it as a mode of payment, like in convenience stores to facilitate their shopping processes or needs.
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January 11, 2018, 08:13:11 AM
 #242

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
I think paying via bitcoin is totally the easiest way on paying a bill today because all you want to do is to get the address of the receiver paste it and click how much you will pay and send. It is not takes time and very easy.

LongSlip537
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January 11, 2018, 08:19:21 AM
 #243

This is a very convenient way of paying for anything. And also it is convenient for making transactions.
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January 11, 2018, 08:23:00 AM
 #244

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

You can earn twice if you sell it high and how about you are paid in bitcoin and tje price get lower?
With this very high volatile of bitcoin, its very risk to get paid or accept payment via bitcoin. This payment will be good to you if you are a speculator too so not just a seller od stuff or service.
missycoin
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January 11, 2018, 08:24:29 AM
 #245

I would say not bitcoin but blockchain as such, bitcoin is a good start but if more cryptos will be accepted as payment the better life we will have.
Serious475
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January 11, 2018, 08:27:54 AM
 #246

For me, that kind of payment is a really cool idea. Bitcoin for transacting is really convenient. And at the same time, its value can be higher in the future. For now, that kind of transaction is rare but in the next couple of years or decades it might happen.
marcuslong
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January 11, 2018, 08:32:02 AM
 #247

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Yes. Bitcoin is a good form or mode of payment. Why? Because if a store or a shop accepted Bitcoin ad mode of payment, They have a high chance to gain a lot of money/profits. If the company collects the bitcoins they earn and they hold it for a long time, Bitcoin will increase its rate and price and they are able to gain a lot of money. Anyone of us will also can pay in just a few clicks in a store if we pay via Bitcoin. If that happens, many people will tend to know about Bitcoin and we will gain many money if its demand increase because Bitcoin's price will automatically increase if it's demand increase.
piaomar
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January 11, 2018, 08:33:38 AM
 #248

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask the client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Bitcoin is great for payment method. Because trade with Bitcoin is easy, safe and cost him cheap. Then it can be done anywhere and anytime. However, it is unfortunate, because in my State pay through Bitcoin is not allowed.

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machinationus
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January 11, 2018, 08:33:46 AM
 #249

If it keeps having the same amount of fees for a long time, a lot of people will stop using it because of that, it would become unusable, useless.
This is the main reason of why the lightning network needs to be implemented as soon as possible, because the fees are enourmous right now.

icytalk
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January 11, 2018, 08:37:43 AM
 #250

good thought...
we all afre liking btc so ofcourse in the future bitcoin will be a mode of payment
DarLim11
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January 11, 2018, 08:41:37 AM
 #251

I think it would not be good for bitcoin to be made as a mode of payment. Bitcoin value always fluctuates, it is quite risky to accept it, maybe the moment you accept a bitcoin is high then suddenly it became low.

For the prices of the goods that are not fluctuating, this can cause confusion. It is much better to convert bitcoins into cash first then buy want you want with it.
strongpic
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January 11, 2018, 08:46:07 AM
 #252

Almost all my payments revolve around bitcoin, without it I feel uncomfortable.
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January 11, 2018, 08:46:27 AM
 #253

Unfortunately, not many employer or companies are paying or accepting bitcoin.  But, I can see an increase in paying bitcoin for freelance work which is good for the community.
yes i agree to that but also you can use bitcoin us a mode of payment for medical and other health service on clinic that approve bitcoin as a mode of payment.

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Nanda Dewi277
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January 11, 2018, 08:52:24 AM
 #254

For me, that kind of payment is a really cool idea. Bitcoin for transacting is really convenient. And at the same time, its value can be higher in the future. For now, that kind of transaction is rare but in the next couple of years or decades it might happen.
yes very true, the most convenient transaction is with Bitcoin but transaction fee is very high and transaction time is also very long, if all this can be overcome then digital currency will be more famous and many people love it

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January 11, 2018, 08:55:22 AM
 #255

We all know Bitcoin has definitely started to become more mainstream and with its global reach and minimal fees.It's a payment method worth considering. There is lot of MLM Software Development company which is having a successful track of implementing Bitcoin Integrated service now. Its a common talk between the successful Entrepreneurs/ Network Marketers about Bitcoin MLM payment gateway. check out this factors about Bitcoin payment integration from here : https://infinitemlmsoftware.com/bitcoin-mlm-software.php

There are countries that are opening their territory for using bitcoin as a payment of their transaction. It is a good one since it can benefit people nowadays. Shops can accommodate much more customers since the transactions are fast. It is less hassle for customer too, to pay for their bills using bitcoin. There are shops that are accepting bitcoin like pizza shops in U.S.A and other branches around the world.
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January 11, 2018, 08:59:21 AM
 #256

the main purpose in creating bitcoin is as a digital currency. its function is similar to ordinary currency but by using more sophisticated technology. so that later can replace the conventional currency. Let's collect as much bitcoin as possible.
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January 11, 2018, 09:03:37 AM
 #257

It is very cool to pay in bitcoins for many transactions not only limited to merchants and freelancers. Paying in bitcoins will encourage the spirit of savings and investment among people. Again, it would result in faster exchanges and higher security.
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January 11, 2018, 10:24:13 AM
 #258

Personally, i haven't used bitcoin as a mode of payment but maybe ill use it when i really need to. After all, it is a kind of money. That's why alternative cryptocurrencies also have their own use as payment for a certain service or product.
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January 11, 2018, 10:37:39 AM
 #259

We will never use bitcoin in everyday life, it is more like an analog of gold. We will invest in it and it will simply lie as a reserve.
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January 11, 2018, 10:42:06 AM
 #260

I personally think it is a good idea to use bitcoin as a form of payment. It will be easier for both sides-the retailers and consumers because it is directly accessible. You do not need to convert it to cash for that matter. I also heard of bitcoins being accepted by some retailers on other countries and also it is accepted in online stuff.

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