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Author Topic: Can Bitcoin become a daily currency?  (Read 1336 times)
bayupermana
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February 15, 2018, 03:42:52 AM
 #41

No please, waiting for my GF is enough , i won't have time to wait for another unconfirmed transaction, specially when those are heavily amount .
One more thing fee transaction will be insane, sometimes the fee transaction is double my payment....
RAmondragon
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February 15, 2018, 03:44:56 AM
 #42

I dont think so for now. The unstable price chart can tell. Also not all have access to the online world. There are still more cities which lacks education on bitcoin.

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jinxing
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February 15, 2018, 03:50:26 AM
 #43

Currently bitcoin can not be used for everyday purposes. Because the price or bitcoin value is very high. Uncertain bitcoin fluctuations are the reasons why transactions of everyday necessities. But the government let bitcoin just to invest only. Many people are still not familiar with bitcoin so they still rely on fiat money for daily needs. The state has not yet facilitated the market with this bitcoin digital money. Maybe and hopefully with the advancement of technology all will go smoothly.
DanWagner
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February 15, 2018, 03:52:49 AM
 #44

If they find something to solve  the scalability problem then it is possible i guess . But there are so many other coins working on that problem that i am scared it is gonna be to late for bitcoin.
rommelzkie
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February 15, 2018, 04:17:49 AM
 #45

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

Its impossible to happen. Bitcoin is designed to become a storage of wealth. If you want to buy coffee then convert your bitcoin into bitcoin - cash. That is the purpose of BCH.

Brama Jasa
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February 15, 2018, 04:29:00 AM
 #46

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

I think all the coins can be used for daily needs, I say this because now many are making a payment platform, you can use any coin in the transaction, not just bitcoin only. there are even such platforms in some countries
hadveach
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February 15, 2018, 04:37:31 AM
 #47

yes, we admit that this is one of the weaknesses of bitcoin, not just slow, but also expensive fees.

and I think this is the aspect that bitcoin should fix, and to pay for something as small as to buy coffee would be difficult, I never thought about how technical they are to make coffee payment transactions. such as in Canada and in japan.

please explain to me how technical? is it using exchange?
nz_sana
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February 15, 2018, 04:52:20 AM
 #48

If bitcoin accepts many amendments, if you want to use it as a daily payment medium then very slow guarantees, it takes a few hours to make small trading jams. Another crypto can be quick.
zafirawijaya03
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February 15, 2018, 04:56:06 AM
 #49

It all depends on the policy of a country, can or not, so far bitcoin is still often used after being converted into local money.
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February 15, 2018, 05:00:24 AM
 #50

yes but it will happen only if mass adaption would happen which i think will occur soon, but another thing about bitcoin is its price, it is too volatile so some might be hesitant to use bitcoin as a currency.
Marrionbitcoin
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February 15, 2018, 05:02:07 AM
 #51

Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?

Bitcoin can be possibly use as our currency in daily lives however it will take so much time to check and review how secure it is. Bitcoin must be centralized so that the Government will be the one to take over it and implement some rules and regulatuions for the protection and security of investors or people who are using this crypto currency. As of now, Bitcoin can be used for fund transfer and payment of monthly bills thru online that has no hassle and free of charge. It can be used as mode of payment if we bought some stuff thru online store. Let's just hope and  enjoy the goodness of Bitcoin as of the moment and wait for the perfect timing.
wumBowo
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February 15, 2018, 05:02:51 AM
 #52

the price still so volatile/fluctuation and the transaction really takes long time. Not possible right now

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Joriecoinbit
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February 15, 2018, 05:11:42 AM
 #53

the price still so volatile/fluctuation and the transaction really takes long time. Not possible right now

I do agree with you. There's no stable price for bitcoin. If ever it will be the daily currency, then everything that is paid through bitcoin has no stable price also. Tendency would be, people will be confuse on the price. And yes, bitcoin transactions takes too long for it confirm and I don't think that there's someone who is willing to wait to just to confirm it for a coffee or whatever it is.
troglobait
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February 15, 2018, 05:50:49 AM
 #54


maybe it will not be bitcoin. But the other is a crypto currency. Bitcoin is very volatile, this does not allow him to become a settlement system
Usafstar
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February 15, 2018, 06:22:41 AM
 #55

yes bitcoin can become daily currency but this all will happen in the future it is possible that we can start using this money and when we give this option to those from which we will receive some money then this trend will be normal and with all this we want to give some strength to the money those who have some of the crypto currency then they can cash out this any time So if bitcoin is accepted every where we can say that bitcoin become daily currency.

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February 15, 2018, 06:32:29 AM
 #56

Bitcoin becoming a daily currency is possible when each and every people around the globe has got good knowledge about internet and related activities. Right now very few governments around the world has recognized bitcoin, and upon the same I believe in future can use bitcoin as daily currency.
Pain Packer
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February 15, 2018, 06:51:14 AM
 #57

I think most of us in the crypto community wants bitcoin to become a daily currency. But unless they fixed the high transaction fee, bitcoin becoming a daily currency will just be a dream. But in the mere future, hopefully, bitcoin is accepted used by the society.

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February 15, 2018, 07:05:40 AM
 #58

It will be cool, if big all in one markets accept bitcoins. But little magazines cant do this due to network scalable.

Caesar-Giulius
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February 15, 2018, 07:17:09 AM
 #59

Right now, I don’t think Bitcoin is suitable for daily currency. However when the lightning network is launched, it is possible.

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undergron
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February 15, 2018, 07:31:51 AM
 #60

yes there is a possibility in the next few years bitcoin will be used as a means of payment transactions or buying and selling tools. With the growth of its time may be in various countries or in Indonesia,
semogga bitcoin is becoming increasingly widespread.
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