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Traslavin
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February 21, 2018, 02:56:58 PM |
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Yes, it will become popular as a payment method because it is well known in the different countries like here in the Philippines. It is easy to use in online transactions, that's why it would become more popular
Since we're now in a era where technology are surrounds us and it was spreading and people also easily get it and accept it so I guess it's not impossible that bitcoin could become a popular method of payment in the near future most especially in terms of online businesses which is the new trend of business too today. |
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sergeykravcov177
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Activity: 266
Merit: 10
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February 21, 2018, 03:02:43 PM |
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Bitcoin and become a celebrity as Britney Spears, with such a jump and turn of the aulditoria.
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supermine
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February 21, 2018, 03:05:34 PM |
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Bitcoin is already popular all around the world but people are using it as an asset rather than currency because of its speculative nature.But I think it will be used as a payment system in some years.Now the merchants are afraid to take bitcoin as a payment because of its price volatility if the price will get stabilized at one time them people will start use it as a currency.We also need to support altcoins too if we want bitcoin to be used as a currency because if people buy only the bitcoin then it will get too expensive and it will always be considered as asset.
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Sasuke102001
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February 21, 2018, 03:13:57 PM |
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Maybe it can and or maybe it is, bitcoin was an acceptable method of payment on steam, g2a and many more websites too but currently for some reasons steam has stopped accepting bitcoin as a method of payment. Many porn websites are also coming forward towards accepting cryptocurrencies as a payment method.
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ghost424
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February 21, 2018, 03:20:24 PM |
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Bitcoin is the most popular Cryptocurrency and if other alternate coins gets to have the chance to be used as payment for transactions, then so will Bitcoin because it is a basis for other Cryptocurrencies in the industry. If the markets starts to be knowledgeable about the programs that Blockchain technology will have then that would be utilized in a way that many can benefit from.
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rybakov
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February 21, 2018, 03:21:27 PM |
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Today I was reading on The Wall Street Journal an interview to John Rainey, CFO of Paypal. He said that Bitcoin will probably become a popular payment method in the future, but right now it's too volatile to use it as a currency.
What do you think?
I do not think it will ever replace option like PayPal. In case of Paypal we have instant transfer and buyers are protected as well. If they make it instant transfer for bitcoins, then we can see some change. |
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yrrehc16
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February 21, 2018, 03:25:13 PM |
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How would you solve volatility problems in new currencies? Backing it with something?
The volatility can be looked from the angle of regulation or control. This is one thing that will help to stable the coin. And when it goes up , it would still be within reach. IF the volatility stops and the coin will be stable, then it is not bitcoin anymore. This is one of the reasons why bitcoin created by Satoshi Nakamoto, this person wants to give the power to the people all over the world to dictate the price of the coin or currency and will never be stable and controlled by anyone especially banks and government. |
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Kprawn
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February 21, 2018, 03:33:19 PM |
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What I am going to say now, is not going to go off very well, but it is a temporary solution. Most merchants can use Payment processors to counter volatility. You pay the Payment processor and the Payment processor convert the bitcoins immediately to Fiat cash. This method eliminate the impact of volatility, because the merchant gets the Fiat price for the item it sold. I know it is not a ideal solution, but it will work for now, until the volatility has decreased.  |
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Carmen01
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Streamity Decentralized cryptocurrency exchange
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February 21, 2018, 03:40:44 PM |
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Actually it's created like that and that's why it's so popular i think the earnings here and the knowledge are the additional only of what crypto create by someone,Moreover enjoy all what can bitcoin brings to us and always think or move forward where you can get benefits of it another thing this is like life so the value of it is so important.
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Sayed Rifat
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February 21, 2018, 03:52:22 PM |
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Today I was reading on The Wall Street Journal an interview to John Rainey, CFO of Paypal. He said that Bitcoin will probably become a popular payment method in the future, but right now it's too volatile to use it as a currency.
My opinion is the same about volatility. Right now we can't use it as a currency because of its price changes, but I don't know if Bitcoin will ever have the stability needed.
There are lots of agents manipulating its price all the time, so I don't know if it will be ever possible to use it one day as a payment method. It's like trying to use gold to pay for something. As long as we compare BTC with USD it will never be a currency.
What do you think?
yes it is a popular payment method.Because it is a very exceptional coin. if I payment a large amount in, I give a few number of bitcoin. so it is very easy for us. |
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jeaniferomambac
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February 21, 2018, 04:23:20 PM |
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Today I was reading on The Wall Street Journal an interview to John Rainey, CFO of Paypal. He said that Bitcoin will probably become a popular payment method in the future, but right now it's too volatile to use it as a currency.
My opinion is the same about volatility. Right now we can't use it as a currency because of its price changes, but I don't know if Bitcoin will ever have the stability needed.
There are lots of agents manipulating its price all the time, so I don't know if it will be ever possible to use it one day as a payment method. It's like trying to use gold to pay for something. As long as we compare BTC with USD it will never be a currency.
What do you think?
yes it is a popular payment method.Because it is a very exceptional coin. if I payment a large amount in, I give a few number of bitcoin. so it is very easy for us. I think it possible to happen that bitcoin could become a popular payment method because all of us espeacially pilipino people want improvement to our country and i think that was a right way to do and as i feel it will happen soon and if the government approve on it. |
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VitKoyn
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February 21, 2018, 04:33:54 PM |
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Of course it is possible to happen because Bitcoin is created to be a payment method. But there are reasons why until now Bitcoin is not yet accepted by most company, business, retailers as payment, it is because the price of Bitcoin is not stable and it moves faster (up and down) than any other currency. Another reason is people/investors might not want to use their Bitcoins to purchase something because the value of it can grow as time goes by. If Bitcoin will be a more stable coin there will be no reason for any services to avoid it, but I doubt that it will because it is also an investment/asset.
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Sadnu
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February 21, 2018, 05:16:48 PM |
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I think bitcoin is a bit popular for recognizing payment method it in different countries and paying for it a lot of things when you buy. but there are still countries where it is not acceptable to pay for in-depth reasons, it is only accepted as to banks when you withdraw or exchange the bitcoin to peso.
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Amelial
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February 21, 2018, 05:59:11 PM |
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Yes, if more people do.btc so btc could be popularpayment.
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rockie87
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ICOForums.net - A Cryptocurrency & ICO Forum
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February 21, 2018, 06:01:56 PM |
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Today I was reading on The Wall Street Journal an interview to John Rainey, CFO of Paypal. He said that Bitcoin will probably become a popular payment method in the future, but right now it's too volatile to use it as a currency.
My opinion is the same about volatility. Right now we can't use it as a currency because of its price changes, but I don't know if Bitcoin will ever have the stability needed.
There are lots of agents manipulating its price all the time, so I don't know if it will be ever possible to use it one day as a payment method. It's like trying to use gold to pay for something. As long as we compare BTC with USD it will never be a currency.
What do you think?
It will take time for bitcoin to become popular payment option as many people are yet to understand the concept and government of many countries are still in against of bitcoin.No big company like paypal of any other popular company will not take risk of going against the government as it will affect their business. |
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felicanoma
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February 21, 2018, 06:11:22 PM |
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I think in the future bitcoin will be used as a method of payment that is great in gemari and many in use in various worlds, I am sure after bitcoin already until the price of bitcoin peak will be stable.
So now gather as much bitcoin as possible and save it until bitcoin is used for payment methods around the world and I believe if you do that you can become a very rich millionaire.
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Aying
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https://raiser.network
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February 21, 2018, 06:23:36 PM |
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I think in the future bitcoin will be used as a method of payment that is great in gemari and many in use in various worlds, I am sure after bitcoin already until the price of bitcoin peak will be stable.
So now gather as much bitcoin as possible and save it until bitcoin is used for payment methods around the world and I believe if you do that you can become a very rich millionaire.
And that thing could be possible if we will just let ourselves to do this one, yes of course it gonna happen if we will just believe that it will happen, if that happens, bitcoin will become more popular and when used as payment method then we will have higher demands. |
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angelomoraaaa
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February 21, 2018, 06:34:54 PM |
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Yes! Definitely, it can be a global digital currency for all overseas transaction across the globe.
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GeorgiyBilyk
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February 21, 2018, 06:50:34 PM |
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More and more places appear on the reception of crypto currency! There used to be paper money, then came credit cards, and now it's the century of new money! Crypto money is a new era of money! It will be very good if this currency will be accepted at every corner! And I'm sure that it will be very scoffish!
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Sumo
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February 21, 2018, 06:53:11 PM |
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Today I was reading on The Wall Street Journal an interview to John Rainey, CFO of Paypal. He said that Bitcoin will probably become a popular payment method in the future, but right now it's too volatile to use it as a currency.
My opinion is the same about volatility. Right now we can't use it as a currency because of its price changes, but I don't know if Bitcoin will ever have the stability needed.
There are lots of agents manipulating its price all the time, so I don't know if it will be ever possible to use it one day as a payment method. It's like trying to use gold to pay for something. As long as we compare BTC with USD it will never be a currency.
What do you think?
Bitcoin is already a popular payment method in many places. Restaurants in major cities, online shops, you can even buy cars and apartments. Travel bringing and me for 10-15 minutes different amounts of money. |
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