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Author Topic: Bitcoin as a mode of payment  (Read 4348 times)
DreezHoly
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March 27, 2018, 12:36:48 PM
 #601


Bitcoin is a good coin and very effective when used as  form of pay. as long as the people involved are willing to make the transaction then there is absolutely nothing wrong with  BTC as a mode of pay
emanjun
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March 27, 2018, 12:51:23 PM
 #602

To me, bitcoin is really a great form of payment. Bitcoin payments are extremely secure and fast. I like it when nobody manages my transactions, so I often exchange with bitcoin.
Bitcoin as a mode of payment is a brilliant Idea. I prefer to make it as a mode of payment because bitcoin can make the transaction faster at a affordable price. Eventhough the one you transact with is far with you then still the transaction are so fast. We must use it as a mode of transaction so that we can avoid inconvenience.But it only depends on your decision. Follow what you think is the best for yourself so that you can avoid regrets in your decision.

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budiartha
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March 27, 2018, 12:52:56 PM
 #603

I think it could be happened if  many countries accept bitcoin as a method of payment, so the price of bitcoin  will be more stable.  but  it can't be realized for now because some countries don't accept bitcoin as a  payment mode because they don't want their currency replaced by bitcoin.
godrey123
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March 27, 2018, 01:06:14 PM
 #604

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.

Actually here in bitcointalk you can be paid in exchange for your service. There are bounty campaign that offers bitcoin as payment. But I really wanted someday of in the near future that bitcoin can be use to buy products in any place so that transactions will be much easier. You do not need to carry your money on your pocket.
Zach707
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March 27, 2018, 01:11:50 PM
 #605

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 some are doing this already this is a very convenient system there are a lot of people who wants to be paid in bitcoin. I myself like this kind of transactions. but the disadvantages part in that internet connection on our country is very costly and very slow that is why it is very hard and difficult to make such transaction.
niisarearning
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March 27, 2018, 01:23:02 PM
 #606

Bitcoin is a modern currency that is long enough to change the game rules and trends of our financial system.

He is an open source, a paid system for end-to-end encryption that is not regulated by the central government, nor is it dependent on old-fashioned financial institutions such as Banks. Instead, it offers a completely anonymous scheme to trade goods and services while also contributing to the growth of the bitcoin economy.
Now the complete stated things are disappearing now bitcoin became one more asset or tool for increase whales profit . even now market became too sensitive where small news about crypto currency making lots of dump.
pekcoin01
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March 27, 2018, 01:24:44 PM
 #607

In my country you can get car, house, plot by paying bitcoin.
People are paying with bitcoin so that the bitoin will be appreciated. The market is not good at all. People will not pay with bitcoin if the price drops in the future.
gtx1060aa
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March 27, 2018, 01:32:01 PM
 #608

In fact, to find a seller or buyer for bitcoins is not difficult, now there are many special sites where in 2 clicks you can buy this or that product
xvids
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March 27, 2018, 01:36:29 PM
 #609

I think we all are waiting for it to happen specially those who always forget or misplaced their Fiat.
But I think it would be really hard just imagine the transaction fee and I think not all of the seller or company would accept it.

Tukang Becak
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March 27, 2018, 01:44:02 PM
 #610

The thing that makes bitcoin worthy of a mode of payment is to fix all the flaws of the banking system, with our bitcoins having wide and unlimited controls, no daily limit like the banks, so all nations are worthy of legalizing bitcoin.
dave111223
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March 27, 2018, 02:02:41 PM
 #611

bitcoin will never be a mode of payment, it's too volatile, it's just a base for the future mode of payment
Maikl
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March 27, 2018, 02:15:14 PM
 #612

bitcoin as a payment is well suited to freelancers, and those who work remotely. Most companies may not entirely trust the cryptocurrency, otherwise I can't explain why they don't ispolzuyutsya bitcoin as payment, bypassing all the middlemen and overhead.
Jembut Ireng
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March 27, 2018, 02:17:04 PM
 #613

bitcoin will never be a mode of payment, it's too volatile, it's just a base for the future mode of payment
Bitcoin too volatile because marketcap is currently very small, if one day marketcap reach 1 million times from now then the price will not be too volatile, but this gives advantages and opportunities if we want to think.
Fatmoo
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March 27, 2018, 02:40:50 PM
 #614

Bitcoin as a mode of payment, is good in other terms such as paying bills, freelance salary etc. But I do not agree to make it as payment for regular work. The state of crypto currency is volatility. It is too risky if you take Bitcoin as employee's wages.
tabas
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March 27, 2018, 03:42:30 PM
 #615

If we look at how easy and simple bitcoin is, then I hope that many countries legalize bitcoin, this is because bitcoin is very safe and fast compared to using bank services.
Many already legalized bitcoin as a means of payment. Because of its anonymity others doesn't consider it as safe for them to use and this is why some other countries are still skeptic about it.

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dogandogru
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March 27, 2018, 08:12:49 PM
 #616

Bitcoin as a payment mode has many benefits for both sellers and buyers. Like, sellers don’t have to pay fees for receiving payments; cross-border payments have also become easier as there is no issue of currency differentiation, no subscription fees for using Bitcoin (as is in the case of some payment processing networks or bank accounts), greatly secured through the multi-signature wallets.  However, its drawback cannot be ignored. For instance, transactions cannot be reversed, risk of fraud in the absence of escrow services, not accepted by many dealer.
Mr.Dick
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March 27, 2018, 08:15:59 PM
 #617

Using bitcoin as paiment method to me is the only true method to really bring bitcoin in all day aspects, by which I mean if you believe in bitcoin or if you own bitcoin you should truely support it which means use it. Bitcoin is menat to be a currency so pay with it whatever product is available ( and affordable - check transaction fees)
yrreg ger
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March 27, 2018, 08:20:19 PM
 #618

I strongly agree with this idea.

Bitcoin is a good payment for other transaction, with only internet you can make a transaction and it just a few second and the transaction is done unlike to the credit/debit card that needs confirmation and limited are user. But the opposite may happen is bitcoin can be use in illegal transaction, because it can not detect what kind of business they have.
imperror
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March 28, 2018, 12:23:29 AM
 #619

Bitcoin has a freedom in transfering which means you can absolutely transfer your money to anyone in this Earth as long as he has a Bitcoin wallet and that's really awesome . Even that's the way crinimals use to make the transaction.
signup01
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March 28, 2018, 12:37:19 AM
 #620

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 the advantage of bitcoin without having to involve a third party in transactions, safe, practical, transparent in conducting transactions but in my country is still prohibited to conduct transactions with bitcoin directly by the government of my country
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