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Author Topic: Bitcoin as a mode of payment  (Read 4289 times)
jkinit2125
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January 11, 2018, 02:18:18 PM
 #281

Bitcoin, as a cryptocurrency is today, been made for the purpose as medium of exchange. Since bitcoin ever existed so as with the blockchain, these become a mode of payment especially for those who work far away from their country. They use bitcoin as remittances in sending their love ones money for their daily living. Thus this implies bitcoin’s importance in some people who wants an convenient and easy way to send money even you are across the world.

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cybersofts
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January 11, 2018, 02:47:14 PM
 #282

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.

Well, I was reading the news the other day, I came across a Japanese company that will be paying the employees in bitcoin.  
 
Japanese company will pay part of workers' salaries in Bitcoin.
https://www.engadget.com/2017/12/15/japanese-company-gmo-internet-paying-salaries-bitcoin/
passioncrypto
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January 14, 2018, 06:11:55 PM
 #283

To be honest, Bitcoin has the potential of becoming the best mode of payment. It is secure and quite fast. On top of all this, only you can manage your transactions – something which gives you more freedom.
laravuemaster
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January 14, 2018, 06:18:26 PM
 #284

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.

There are different online shops already who implemented bitcoins for their mode of payment, even amazon and some porn sites already have this method. It only means that bitcoins is slowly being accepted to our community and it does really have a bright future.

jerlen17
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January 14, 2018, 06:24:09 PM
 #285

Here in my country, i actually buy load and pay phonebill using bitcoin. In London, i watched a girl who experimented to used bitcoin sa mode of payment. She paid taxi's fair, ate to the restaurants to tried bitcoin. Good thing is there are some of stablishment accepted her bitcoin as payment for her expenses.
amin1372
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January 14, 2018, 06:28:10 PM
 #286

I hope it will be a mode of payment because it is really secure and fast. But with the current fluctuation in the price of bitcoin, it isn’t possible. However, in a stable situation it can be a strong mode of payment.
Kryptcoin
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January 14, 2018, 06:55:27 PM
 #287

Bitcoin as a mode of payment is cool. I prefer to receive bitcoin payment  from international clients.
Puppey
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January 14, 2018, 07:45:22 PM
 #288

If this thing would happen it will be a great help in life. As you can see there are lots of crime happening and the common one  is stealing. If bticoin will be mode of payment just think of it. It will save you a lot of time and it will secure your money and avoid being a victim
teejayrichard2
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January 14, 2018, 11:14:14 PM
 #289

bitcoin as a mode of payment is a welcomed idea which everyone who has interest or has invested in bitcoin will proud of. it means we can now easily buy things all over the world with ease using bitcoin to pay which is faster. i would be glad to see all countries accept bitcoin as a means of payment in the near future.
rodskee
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January 14, 2018, 11:27:31 PM
 #290

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.

Use Bitcoin to pay for me are best way for fast transactions made for payment example i use Bitcoin to pay bills in my online wallet a lot of benefits i can get for online payment use bitcoin i save time instead i go to the establishment to pay manually.

Selling of Bitcoin is depends into your needs for your expenses why i sell or my all bitcoin for my daily expenses if i have any other sources my needs, Because I believe bitcoin holding are very profitable.

cryptomad77
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January 15, 2018, 03:09:21 AM
 #291

Bitcoin payments are very secure and fast though sometimes slow, so bitcoin is really a very good form or mode of payment. Sometimes i exchange to btc.
kidd07
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January 15, 2018, 06:51:07 AM
 #292

Bitcoin to be used as payment is very cool, I cant wait to have my first coin so that I can also join the hype and outsource some companies that accepting Bitcoin.
bitcoinzen
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January 15, 2018, 06:53:33 AM
 #293

Bitcoin as a mode of payment is difficult it is changing price volatility cant made merchants accept bitcoin on ease mode of payments
xiaowu55
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January 15, 2018, 07:10:25 AM
 #294

The situation is that only a small number of businesses in the world support bitcoin payments, and it hasn't been recognized by many people, and it's possible that bitcoin will pay less than the current currency.
Fundalini
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January 15, 2018, 07:14:10 AM
 #295

The main goal of bitcoin is to be used for transactions-- another means of payment. We are long past that goal due to these tx fee problem. Now, even the developers(?) , encourage people to treat is as a store of value instead. Makes sense though since more people prefer to baghold
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January 15, 2018, 07:15:01 AM
 #296

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.

Bitcoin is locally competiting. It is almost use all ove the world which made it indemand to be use in some transactions. And rigt now, it seems like bitcoin is being empowered as a use of payment. It is therefore not impossible that the time would come it will be patronised.

TheGodFather
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January 15, 2018, 07:17:55 AM
 #297

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.

The market is stong for some establishments to accept bitcoin as a form of payment, but and this is a big but there is still a lot of kings and quirks that we have to correct. Especially with the issue on volatility if the bitcoin price drop happens and then what you might have paid might become lower or higher depending on what time you transacted with.
Vaculin
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January 15, 2018, 07:19:05 AM
 #298

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.

Bitcoin is locally competiting. It is almost use all ove the world which made it indemand to be use in some transactions. And rigt now, it seems like bitcoin is being empowered as a use of payment. It is therefore not impossible that the time would come it will be patronised.
Definitely it will not only be bitcoin but it is bitcoin will be in the lead, however if we will continue to see this bigger fees when transaction
then i guess it would discourage a lot of people from using it.
There are a lot of altcoins which are way cheaper so people might patronize those coins as it could help them a lot.
Kuchiyose
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January 15, 2018, 07:24:39 AM
 #299

It's true, Bitcoin is designed to be a payment method that will be done by everyone in the world and can perform transactions throughout the world. Wink
ASKoranteng
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January 15, 2018, 09:02:45 AM
 #300

Bitcoin as a mode of payment will be a great idea. Already it is used in trasactions all over the world and this will make it easier and faster for payments for goods and services. This mode of payment can as well be done anywhere anytime. Lets embrace this mode of payment for quicker, safer and easier transactions.
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