luisdvmd25
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April 11, 2018, 07:55:22 AM |
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I think bitcoin is a good pay system. There are many services that accept Bitcoin payments. It's really popular with us. The use of future bitcoins for daily payments is normal
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Nabobs Robi
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April 11, 2018, 05:34:24 PM |
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I dont think that BTC is ready to be used for any payment system.
Though it is making great impact right now in our economy, still many people can't accept btc. I see it as the most frequent way to pay eveything such as bills and tuitions.
And more business people will venture on block chain technology because it is the future of business transactions.
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signaturecoin
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April 11, 2018, 07:15:03 PM |
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Yes, it's nice that Bitcoin will become a payment system if we buy a product there is no any hassle you can pay through online. Bitcoin has a big value so that you can get here a big money. But we cannot predict what's going to happen in the future. As of now, we are grateful that we enter here.
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djselery
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April 11, 2018, 07:26:38 PM |
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Bitcoin is mainly a currency, it is in fact created to be a payment method online, and it is still used by so many people around the people this way. But I think as its price become very unstable and even dropping down recently, many bitcoiners start to deal with Bitcoin as an asset, and keep holding their BTC until the price go up again.
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Rosscy
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April 11, 2018, 07:45:31 PM |
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If I think, Bitcoin will be asked as a method of payment. But it is very difficult to apply in my country, Many people use Bitcoin, but Bitcoin is a good technology. Actually bitcoin is the best system for payment transactions and saves our money.
You do not need to register, you only need a private key to receive bitcoin. More practical than other payments. No government intervention can take coins with you or the bank. The security of every Bitcoin transaction will appear at the highest level.
I think the future of bitcoin is very unpredictable to make an alternative means of payment, but there are still some countries that accept bitcoin as payment.
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al.nechiporuk
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April 11, 2018, 08:28:16 PM |
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I do not think that bitcoin will be a means of payment. I think that the exchange means will be in the future.
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portgas313
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April 11, 2018, 09:09:57 PM |
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Well for some who knows bitcoin that would be a good idea for payment. But we also need to consider those who doesn’t have any idea what a bitcoin is if we would like to use bitcoin as for payment. This has to be thoroughly plan and with careful analysis since government are trying to ban this.
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davidcox
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April 11, 2018, 09:15:35 PM |
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This is good news for all of us, the presence of bitcoin makes the payment system better, easier and cheaper when compared to the payment system banks, western union or others.
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tommisetiyawan
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April 11, 2018, 09:22:28 PM |
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In the long run bitcoin will be used as a fixed payment system, because the distribuid nature of bitcoin we will see that development. If bitcoin can be used as payment. It makes transactions smoother and faster. You can buy and shop online without any hassle. But one advantage of its use is value, all we know is that bitcoin has inconsistent value and I think the price of the product is affected.
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kingcryptolendingcoin
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April 11, 2018, 09:27:45 PM |
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Bitcoin requires no regulation by any regulatory Institute and regulatory permission. it is being used as payment system among alot of people all around the world. The creation of BTC Future by CME Group is an assurance that BTC as a digital asset has come to stay and can be further use beyond payment system.
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santankara
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April 11, 2018, 09:38:31 PM |
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I think if Bitcoin becomes a tool in the payment system it takes time and a long process.
Not all companies accept the use of Bitcoin as their payment tool.
Countries in the world also not all of them allow Bitcoin.
I think Bitcoin will be a digital currency in use by many and will be a bubble that could have exploded at any time.
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ciciteng
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April 11, 2018, 09:46:16 PM |
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The original vision from Satoshi was that; Bitcoin will be the new digital economic revolution, in this case one of them are being a digital payment system.
And since we dont expect that Bitcoin is growing so fast, then we have a scaling problem. But dont worry we have several solution already; the SegWit and Lighting Network.
Once both of them successfully implemented in the mainnet, then we can expects the mass adoption will be grows even further.
This means very low transaction fee and speed of light confirmation. This surely will leads Bitcoin back into the original vision from Satoshi; Bitcoin can be used for daily transaction payment instead only for store of value.
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renggileh
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April 11, 2018, 09:51:33 PM |
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Bitcoin as a payment instrument is not suitable with the current bitcoin situation as regards the total volume in circulation is too low for the whole world to be scrambling for it, The time for confirmation is to much and the fees are outrageous for now. If these issues are tackled may be then we can consider Bitcoin as a payment instrument.
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DimensionsOfHell
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April 11, 2018, 11:44:13 PM |
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I somehow see bitcoinmore as the investment type under the cryptocurrencies. And I do not think that the Lightning Network will change that, as fast and cheap as it may be. For payments made with a cryptocurrency I see other currencies, Ethereum for example.
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cryptokitty
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April 11, 2018, 11:58:56 PM |
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Of course, it is being use to pay our different bills. I can also pay my bills right away even if i am at home or anywhere as long as there is an internet connection.
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amadorj76
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April 12, 2018, 12:02:09 AM |
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Bitcoin as a payment instrument is not suitable with the current bitcoin situation as regards the total volume in circulation is too low for the whole world to be scrambling for it, The time for confirmation is to much and the fees are outrageous for now. If these issues are tackled may be then we can consider Bitcoin as a payment instrument.
I agree, because right now bitcoin is in the down period and the exchange is too low, if e use our coins now to pay for our debts, we will loose more profit. |
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lightning mcqueen
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April 12, 2018, 01:16:34 AM |
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Bitcoin as a payment instrument is not suitable with the current bitcoin situation as regards the total volume in circulation is too low for the whole world to be scrambling for it, The time for confirmation is to much and the fees are outrageous for now. If these issues are tackled may be then we can consider Bitcoin as a payment instrument.
I don't do bitcoin as my payment system, especially no that the price is drop I cannot use it to pay for my debts because I know I will loose more. I only use my bitcoin to transfer money for my own account. |
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Shreek
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April 12, 2018, 01:22:36 AM |
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need to improve the feature features available in bitcoin
it seems that people have other options that are more effective for transaction purposes other than bitcoin
then who is Satoshi Nakamoto?
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Sithara007
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April 12, 2018, 01:26:18 AM |
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Of course, it is being use to pay our different bills. I can also pay my bills right away even if i am at home or anywhere as long as there is an internet connection.
The problem is that even with fiat currency there are so many options to make the payment online. We can do that payment using a credit card, or through services such as Paypal. And the problem with Bitcoin is that not too many vendors are accepting it. |
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adjiku
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April 12, 2018, 01:29:08 AM |
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It is true that bitcoin is a good electronic money transaction but the bank of Indonesia appealed to the public to be careful because there is no guarantee.
Bitcoin is designed to serve as a peer-to-peer electronic payment system. Meanwhile, ethereum is designed for smart contracts that are executed when fulfilling certain conditions.
So someday ethereum will become a competitor for bitcoin
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