Bitcoin as payment system

[DRAWDE_3691]

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin

Me too, I think 2018 will bring a huge growth to bitcoin as it is prospering more and more as the year ends. It may have been at its lows this past days but it's gaining again. As of its stability, btc will be hard to blow up since many and counting are keeping on investing/trading/having interest in it.

[1715256304]

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[1715256304]

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[sirkings0003]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

Bitcoin will never collapse that i know. the value would continue to fluctuate and the worst that will happen is the value going down to barest minimum. Another to note is that bitcoin will continue to evolve with the developers effort

[A Feeder]

Its payment system is only temporary. One by one, bitcoin's possible transactions are nullified. But, if the bubble does not pops, bitcoin will be a major type of payment system.

[aleksandra_kickcity]

Its payment system is only temporary. One by one, bitcoin's possible transactions are nullified. But, if the bubble does not pops, bitcoin will be a major type of payment system.

it would be great if transactions become faster. This Friday U had to wait like 8 hours

[ROB18]

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin

I agree, there are a lot of speculation that year 2018 bitcoin will really fly to the moon. Let see if its true. Well, by what we recently observe, BTC really climbs very high from its original value. So, let us hope for the best.

[ellabanana]

Actually, I like the concept of btc, in which we can pay bills through the use of internet. It's quite unique and helpful at the same time. So, I believe it will last for centuries.

[acaciosc]

Bitcoin is not really convenient as a payment system, I think it's more attractive as an investment and due to its price one day it will replace gold.

[kryptorian]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

Now there is hardly any chance that Bitcoin would become a full-fledged means of payment. Some other cryptocurrency like Litecoin could do the trick but Bitcoin has no future apart from being a purely speculative asset. And that is not set in stone either.

[aleksandra_kickcity]

Bitcoin is not really convenient as a payment system, I think it's more attractive as an investment and due to its price one day it will replace gold.

true. too slow. but they will fix it

[ghost424]

If bitcoin works as a system for payments then that would be really helpful and would save a lot of time for being in queue or waiting in long lines. You can pay with bitcoin as long as you have internet connection which is available in most places.

[odranoel]

For me it can be use as a payment but instead i better invest it for the future because bitcoin is continue price high so it is regretable if i only use it as payment to any. Invest first to make it more and become bigtime amount to exchange

[aleksandra_kickcity]

For me it can be use as a payment but instead i better invest it for the future because bitcoin is continue price high so it is regretable if i only use it as payment to any. Invest first to make it more and become bigtime amount to exchange

everybody are saving now =)

[cybersofts]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  
And how do you see it's future?

You are right, Satoshi invented bitcoin to change money and how people can handle money but due to limited supply of bitcoin which is only 21 million coins, that's what makes bitcoin an investment opportunity (an asset). Whenever the demand is higher the supply - the scarcity jumps in and the price goes up. that is what is happening right now.

[datodota002]

Bitcoin is doesn't suit for payment system. Because the price is very volatile. do you want pay a coffe for 0.0003 btc at the momment when you tap send, the price is bubble up. and make that 0.0003 btc worth with $100?? i bet you will regret it.

[Eilysh]

Using bitcoin as a payment for every purchase or paying bills would be very helpful for a lot of people. It could save a lot of time for waiting to pay personally. I think a lot of people will use this method since not all people has the patience to wait especially in our country.

[skurtsil]

Nah, it won't blow. In fact, it will rise more than $20k in 2018.
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/

[aleksandra_kickcity]

Nah, it won't blow. In fact, it will rise more than $20k in 2018.
BTC has already been integrated into many sectors as a mean of payment.
Here are a few examples https://www.tokens24.com/cryptopedia/can-buy-bitcoin/

true. and i think its time to stop considering BTC as a bubble

[Hypnosis00]

It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.

[Xylber]

No doubt that it created the bases for today cryptocurrencies, and it is one of the most secure networks. But I think it is not made for everyday transactions

[aleksandra_kickcity]

It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.

True. I was wauting BTC transaction for 8 hours this Friday. Too long