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Author Topic: Bitcoin as payment system  (Read 5963 times)
lfc_san
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March 07, 2018, 02:15:05 PM
 #861

I think bitcoin can be a good payment system in the future. Bitcoin technology grows every year with the times. So I think bitcoin can follow market needs, especially in terms of payment system.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Biasaae
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March 07, 2018, 02:26:00 PM
 #862

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?  Undecided

And how do you see it's future?


I really can not predict the future will Bitcoin will be like. But I always hope that in the future Bitcoin can become a payment system across the country. So that everyone who goes anywhere can be easier, practical, fast and secure in making transactions.
Anak Gamers
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March 07, 2018, 02:29:14 PM
 #863

bitcoint is still an unresolved assumption, because there are still many countries have not agreed to make digital currency into a legitimate payment, so I think currently let bitcoint transactions go like this first.
bitcoint travel is difficult to predict.
bert20
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March 07, 2018, 02:36:44 PM
 #864

I think that is not easy to make bitcoin as a payment because lot of people they don't know how to use it. Bitcoin is not a real currency, we need it to convert into a real currency to make it use. So its difficult to use it as payment. But in the future while people knowing it already maybe it will make it as, a, payment. Looking forward for that happen it will be nice so that all of us can easily make life better and brigher.
zais
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March 07, 2018, 02:46:48 PM
 #865

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?  Undecided

And how do you see it's future?


governments that are reluctant to accept legalizing bitcoin as a payment system are not without reason.
with the regulatory policy and the ban law being decided
SergeYak
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March 07, 2018, 03:02:39 PM
 #866

More and more different brands and online shops accepting bitcoin as payment system and it's very good for us. No taxes, no wating everything fast and clear.
vergel24official
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March 07, 2018, 03:18:06 PM
 #867

That's a good idea in terms of paying in online shop and other payment in online. And also it is a good payment system in restaurants, mall and other big stablishment for fast transaction like credit card.
khurramshah
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March 07, 2018, 03:23:32 PM
 #868

I really can not predict the future will Bitcoin will be like. Bitcoin can be used a a payment mood but few things to understand
1. Bitcoin transaction fee.
2. Alternative mood of payment instead of cash.
3. no restriction of transferred amount ant amount can be transferred anywhere in the world.

Some arguments against Bitcoin
1. Transaction cannot be traced.
2. Can be used for Illegal or Prohibited items.
  
Sedamai
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March 07, 2018, 03:49:31 PM
 #869

I would says yes for bitcoin as an installment framework,

motivation behind why is that we get dispense of rebate reward when

obtaining stuff online from dealer site utilizing bitcoin,

this virtual money is extremely secured likewise when making installment
mammoniter
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March 07, 2018, 03:59:12 PM
 #870

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?  Undecided

And how do you see it's future?



It would only be possible if bitcoin would be able to reach a stable value, though I estimate that it would still take years for that to happen since its market is still very volatile and it is still expected to increase further more nevertheless I'm quite sure that Bitcoin's true purpose will be realized in one way or the other, lets just enjoy its benefit as of the moment.

Putra969695
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March 07, 2018, 04:16:40 PM
 #871

we must also understand the development of bitcoint in the present era is still up and down, and still many countries do not recognize about bitcoint payment system. if bitcoint developments grow rapidly the possibility of digital currency transactions can be a recognized payment transaction, in some countries it already exists using digital currency for the tool of transactions. systems in bitcoint are hard to predict.

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Rggadi
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March 07, 2018, 04:22:41 PM
 #872

Bitcoin May Come to eBay as Platform Drops PayPal as Main Payment Option
https://themerkle.com/bitcoin-may-come-to-ebay-as-platform-drops-paypal-as-main-payment-option/

For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a required option for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announced its plan to ditch PayPal as its main payment option. It is a rather surprising turn of events, albeit one that could be quite positive for both companies.
levvv
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March 08, 2018, 03:29:40 AM
 #873

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?  Undecided

And how do you see it's future?



i think satoshi vision is not only about investment.
i guess the usage of bitcoin for payment system is ok. because with this, everyone can used bitcoin.
and bitcoin value will be more increased.
amaterazu
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March 08, 2018, 03:35:49 AM
 #874

Satoshi created bitcoin not for investment, he created it to change the conventional financial system which ruled by paper money and the paper money itself controlled and dominated by government. So don't have any control in that. If we want bitcoin to survive in the future then we should have faith in it.

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Prettygirl01315
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March 08, 2018, 04:26:29 AM
 #875

This is will be a huge milestone for each company accepting bitcoin as payments is much more easier than cash we just have to scan and wait for a moment to get the transaction done in a minute. It would be better since there are so many bitcoin holders right now
Vanshenz
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March 08, 2018, 04:37:05 AM
 #876

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?  Undecided

And how do you see it's future?


For now, the use of bitcoin is still limited to payments because not all countries legalize the use of bitcoins.
Maybe in the future payments using bitcoin will happen because bitcoin makes it easy to trade across the country.
Bacotan Bae
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March 08, 2018, 04:47:11 AM
 #877

Revolution must be done immediately because of the many complaints of payment systems with banks, this is certainly a great opportunity for cryptocurrency to fill it, with the number of users continues to increase then bitcoin worthy of future payment system.


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Austin1950
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March 08, 2018, 04:48:53 AM
 #878

In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
pytel738
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March 09, 2018, 09:59:23 AM
 #879

In the near future, bitcoin will emerge as a centralized payment system. I believe that many people will be encouraged to use bitcoin as a payment system because it is:

1. Fast

2. Reliable

3. Secure

4. Easy to access

I hope everyone in the near future will be open in using bitcoin in different applications because right now we are sleeping into its use and importance.

4.
Arwinkim
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March 09, 2018, 10:02:52 AM
 #880

Bitcoin is more than digital currency. It is a solution for world traditional financial system. Using bitcoin, money transfer can be cheaper as possible. Several banks have looked at it as an opportunity but unfortunately severed by regulators.
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