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Author Topic: How hard is it to pay with bitcoin?  (Read 352 times)
huanzhong644306 (OP)
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March 25, 2018, 01:56:40 PM
 #1

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
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March 25, 2018, 02:14:42 PM
 #2

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.
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March 25, 2018, 02:23:02 PM
 #3

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.

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March 25, 2018, 02:32:23 PM
 #4

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.
Wrong! bitcoin transactions are longer than the fiat transactions even if we pay with the cards the cash will be credited to the mechant account instantly but in bitcoin there is an inbetween process called confirmations.Even if the government have any regulations to use bitcoin we still can use it we don't need to wait for anyone's permission to use bitcoins that is called decentralization.

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March 25, 2018, 02:35:39 PM
 #5

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Off course that is why they made the bitcoin in first place. To make the life far easier and out of the box approach. I mean look at the traditional methods they need a bank account at first, later you have to go through personal interview before opening it and then you have to ask for the recipient details and thats not single detail but many more. Thats never ending and takes the fun by asking you your identity and much more.

In case of the bitcoin it is far simpler and works the way you have explained here. It really needs nothing but just an address and a send button. happy life!  Smiley

 
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March 25, 2018, 02:36:50 PM
 #6

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is. I actually prefer using bitcoin when sending my family money. It is more convenient than going to the bank or any remittance company. You will not need to fall in line, fill in forms. It saves a lot of time and effort to use bitcoin. It can also be profitable since the price is very volatile. So, I really prefer using bitcoin.



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palle11
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March 25, 2018, 02:48:14 PM
 #7

It is very convenient. From the comfort of your home, you transact business or send money to loved ones. It is very open, no secrecy and the charges are clearly calculated depending on how much one is sending.
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March 25, 2018, 02:50:25 PM
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Paying with bitcoin is easy but one of the factor that affects stores and small businesses to use bitcoin as a payment option is the transaction time and fees.
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March 25, 2018, 03:54:01 PM
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No doubt how bitcoin made the transactions swiftly and rapidly that totally eliminates the third party transactions which are the traditional banking, owning the private key have the fullest advantage over the blockchains full potential, however, threats never cease to exist, not just the basic functions that you need to learn but some technical knowledge about the security and protection of your wallet against hackers, Hot wallets have a higher risk of being stolen by the hackers, double checking is necessary for the transactions you may send bitcoins to the wrong address, viruses such as copy paste malware can decipher and change the pasting of address from clipboard so extra precautions and safety is necessay to avoid this types of incidents, better to store large amount of coins to cold storage device.
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March 25, 2018, 03:57:33 PM
 #10

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.

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March 25, 2018, 04:00:30 PM
 #11

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes they are but it is no different than what we have with credit or debit cards or internet banking for example. I mean you have to have the bank account for availing these services but for using bitcoin there is no different thing there too. I mean you have to have the bitcoin wallet in the first place and on top of that you also need to synch it with the KYC now a days.

Thats about the account creating in both financial institutes!

The further steps are also kind of similar,

-> With internet banking you can send funds almost instantly by using services like UPI, IMPS, QR and much more.
-> With ATM cards you can have instant money in the form of cash or you can pay at the counter in zero minutes too,

For Bitcoin :

-> Similar way of paying, you need address and you need confirmation after transaction is broadcasted.


I think they both are convenient.

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March 25, 2018, 04:10:04 PM
 #12

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.
But don't expect all the users to use the same app for holding bitcoin and even coins.ph is an exchange not an wallet so storing our bitcoin is not safe but as you said it will be instant.But still fiat is the best for using as a currency.Then lets wait for the LN implementation on mainnet I hope it will make the transactions much faster almost like instant.
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March 25, 2018, 04:41:16 PM
 #13

Not even close to being convenient yet. It will be convenient when I can go to my local convenience store and buy a bag of chips and pop with it. Before it gets to that point, it is a inconvenience any way you try to paint that picture.

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March 25, 2018, 04:51:53 PM
 #14

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
It is easy to access in anywhere but it is not comfortable to all shopping because the price is raise or down both are happening in the market. So we can use debit or credit cards are used in small shopping products and Bitcoin is used for other shoppings but most of the peoples are not understand the Bitcoin technology so it will hard to use in most of the countries.

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March 25, 2018, 06:03:09 PM
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no, i don't think its easy to pay bitcoin as compared to debit or credit card because you can use you cards all over the world but you can't use bitcoin. even debit and credit cards are widely used in almost every store of the world but if we talk about bitcoin services of accepting bitcoins is rarely available in stores.

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March 25, 2018, 06:22:21 PM
 #16

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Up to now ,the transcation limit of bitcoin is 20-30 minutes.Before a month the transcation speed is nearly 30-45 minutes ,now it's reduced due to lighting effect.After this the transcation fee of bitcoin also reduced.It was one third of past transcation fee.By this it's easy to have a debit or credit card.We can implement this ,if the transcation speed is reduced to 10 minutes.
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March 25, 2018, 06:42:48 PM
 #17

Paying with bitcoin is easy but one of the factor that affects stores and small businesses to use bitcoin as a payment option is the transaction time and fees.

Transactioon times and fees? Sorry, but it does not make any sense at all.

Fees at the moment = $1,20 for fast transaction with 40 sats per byte.

Tell me, where are the high fees? is $1,20 expensive?


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March 25, 2018, 06:43:41 PM
 #18

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.
But don't expect all the users to use the same app for holding bitcoin and even coins.ph is an exchange not an wallet so storing our bitcoin is not safe but as you said it will be instant.But still fiat is the best for using as a currency.Then lets wait for the LN implementation on mainnet I hope it will make the transactions much faster almost like instant.
Well if they implement the lightning network on mainnet we will expect that every transaction will be instant, but we still don't sure if it will give us instant transaction.
As of now, I heard they are still in beta testing, but I hope they release it too...
According to coins.ph it is just like the same as coinbase if you are using the same app, then you can receive your bitcoin in an instant or faster confirmation, but not all bitcoin users are using coinbase as their wallet because they are treating coinbase as not safe because you couldn't retrieve your own private key that you can use for recover once the coinbase is down or gone forever.
Let's hope that the lightning network would be the solution to speed up the slow transaction for receiving bitcoin.
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March 25, 2018, 07:12:13 PM
 #19

Honestly yes I think there is nothing in the world more secure than blockchain network because blockchain Bitcoin uses the higher possible encryption right now which can only be cracked using a Quantum computer or if anyone had to break them then it will take 3 years to break 1 Block with a supercomputer.
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March 29, 2018, 12:04:06 PM
 #20

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.
Wrong! bitcoin transactions are longer than the fiat transactions even if we pay with the cards the cash will be credited to the mechant account instantly but in bitcoin there is an inbetween process called confirmations.Even if the government have any regulations to use bitcoin we still can use it we don't need to wait for anyone's permission to use bitcoins that is called decentralization.
So far, things are not as much good as we think of them to be when it comes to that of the crypto currencies as still there are so many issues like that of transaction process as well transaction fee which are creating lot of troubles for the ones who are there in the world of crypto currency and that all those who are there really want these issues to be addressed and that too as soon as possible.
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March 29, 2018, 08:05:52 PM
 #21

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Yeah, i find bitcoin to be extremely convenient to use. i've mostly shopped online and have saved couple of bucks. Cheesy

Paying with bitcoin is easy but one of the factor that affects stores and small businesses to use bitcoin as a payment option is the transaction time and fees.

Transactioon times and fees? Sorry, but it does not make any sense at all.

Fees at the moment = $1,20 for fast transaction with 40 sats per byte.

Tell me, where are the high fees? is $1,20 expensive?

The fee is so much lower now. the last transaction that i made paid only $0.2 in fees. with LN it's going to be significantly lesser and instant, just wait for the release!
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March 29, 2018, 10:03:23 PM
 #22

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes, you are right!. I agree with that. As I know bitcoin is the only payment method most quickly, safely and comfortably. Although using an only mobile phone, the transaction can be done wherever we are.

Wrong! bitcoin transactions are longer than the fiat transactions even if we pay with the cards the cash will be credited to the mechant account instantly but in bitcoin there is an inbetween process called confirmations.Even if the government have any regulations to use bitcoin we still can use it we don't need to wait for anyone's permission to use bitcoins that is called decentralization.

Maybe it's in your country. But in my country, bitcoin transaction can be done quickly without waiting for a queue.
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March 29, 2018, 10:09:14 PM
 #23

well bitcoin is easy to use ,  like what those others said it is easier to use bitcoin than other coins because unlike other crypto, you dont need any fee when you are buying something

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March 29, 2018, 10:28:00 PM
 #24

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
In just matter of few clicks sending out funds into another wallet is really very very convenient but you would really still need to wait for it to be confirmed not only that people do always comes after into transactions which is truly anonymous ones which people wont even know on whose the one holds such wallet or do make such transactions which is really great but the limitation we are experiencing now is normal where bitcoin cant really be adopted which would result into lesser merchants and services that we know.

R


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March 29, 2018, 10:39:36 PM
 #25

Yes, BTC is the best payment tool available today, fast and without any need of space, without the information of the sender and receiver just know the address is that you can transfer and get a BTC easy way. Because of this, some countries are afraid that the organizers will be more comfortable with terrorist financing.

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March 30, 2018, 04:58:12 AM
 #26

It is necessary to consider where the bitcoins are taken from, from some exchanges it can cost $ 30. Carefully look at the price of the transcription. Sometimes it's easier to buy a popular crypto currency and translate into it.
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March 30, 2018, 09:42:43 AM
 #27

well bitcoin is easy to use ,  like what those others said it is easier to use bitcoin than other coins because unlike other crypto, you dont need any fee when you are buying something
very sorry my country still forbid the use of bitcoin to make transactions using bitcoin.
Transaction speed may be overcome with the LN hope soon can be used.
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March 30, 2018, 11:20:59 AM
 #28

I never used bitcoin in shopping nor pay for insurance. Honestly, i hope in my country, this thing can be running. Because yeah i think, it really helpful and easy. Yet the opposite and only in one city that usually do the transaction using bitcoin. For example, pay for the hotel in bali.

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March 30, 2018, 11:41:28 AM
 #29

I never used bitcoin in shopping nor pay for insurance. Honestly, i hope in my country, this thing can be running. Because yeah i think, it really helpful and easy. Yet the opposite and only in one city that usually do the transaction using bitcoin. For example, pay for the hotel in bali.
tenant in bali very open minded to use bitcoin as payment system.much their client from abroad that dont bring cash money.and dont forget, biggest market exchange in indonesia has office in bali.

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Leonard2016
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March 30, 2018, 01:21:20 PM
 #30

no it is not hard to pay with bitcoin but the issue is scaling , The scaling of bitcoin is not as much as visa or paypal and can cause long delays to have the transaction confirmed , ripple has solved that issue somehow but it is not a decentralized crypto.


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March 30, 2018, 01:44:12 PM
Last edit: March 30, 2018, 04:02:53 PM by Ararbermas
 #31

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.

yes that's right 'cause coins.ph (wallet)  is now accepting 3 different types of currecy  which is "php,btc,eth" and you can send to anyone  whithout transaction applied after.. It's so fast and reliable to use , no hassle within a second or minute you will receive it instant.  
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March 30, 2018, 04:42:19 PM
 #32

I never used bitcoin in shopping nor pay for insurance. Honestly, i hope in my country, this thing can be running. Because yeah i think, it really helpful and easy. Yet the opposite and only in one city that usually do the transaction using bitcoin. For example, pay for the hotel in bali.
That is not too much difficult to use bitcoin for shopping online. In fact most of the online shops are now accepting bitcoin for shopping in their shops and they even make the process very easy, to even ignorant who have some education about computer can also use bitcoin for shopping, on other side it is a little difficult to use bitcoin for shopping in local shops, because most of the local shops still do not accept bitcoin as payment for shopping.

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March 30, 2018, 06:29:34 PM
 #33

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Not all merchants are allowed to use bitcoin as payment method.
For example, in my country they are not allowed to take bitcoin as a money so they have to use payment processors such as bitpay or coingate.
It is not hard, but there are laws and regulations making it hard.
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March 30, 2018, 06:49:44 PM
 #34

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

using bitcoin is simple and useful, but it is necessary to overcome the problems due to "commissions" and variable transfer times so that all people and businesses can use them.

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Granxis
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March 30, 2018, 07:56:23 PM
 #35

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
I do not find Nfc technology enough, but in general, not enough infrastructure has been provided for Bitcoin to be a payment method. As a matter of fact, nobody has the courage to spend a high volatility currency. I believe that; payment technology will increase if it is desired.

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richardsNY
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March 30, 2018, 08:12:21 PM
 #36

no it is not hard to pay with bitcoin but the issue is scaling , The scaling of bitcoin is not as much as visa or paypal and can cause long delays to have the transaction confirmed , ripple has solved that issue somehow but it is not a decentralized crypto.

Bitcoin doesn't have scaling problems, but just obstacles to overcome that are being dealt with already. SegWit activation was the first important step moving forward, which opens the door for off-chain scaling layers to be built on top of Bitcoin making scaling no longer an issue. Technically, off-chain scaling solutions offer almost unlimited capabilities that on-chain scaling would never be able to allow without losing a major part of its decentralized nature. Ripple is completely centralized already, where they can scale up as much as they want, which isn't possible with Bitcoin without losing a part of its decentralized nature. Ripple isn't anything special in my opinion, and will become completely redundant when governmental cryptos are being pumped into the economy.
ahmad21
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March 30, 2018, 08:19:29 PM
 #37

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
Not really if you compare it with e- wallets in operation these days. Money transferring has been made really quick and these wallets too generally use mobile numbers or account numbers to send money. Even the IMPS is good enought to manage these transactions. You cant really see btc is convenient in this case but yes money actually moves in case of btc while in case of fiat its just numbers moving from here and there.
SixOfFive
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March 30, 2018, 10:01:14 PM
 #38

Paying with Bitcoin is quite easy as you just need to have a Bitcoin wallet on your smart phone, add some Bitcoins to your wallet, then to make payment, enter the amount to be paid, address of the receiver, and then press the send button. So you see, it’s so easy, except that it takes a long time to get the transactions confirmed. So you have to wait a little!
caloy06
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March 30, 2018, 11:12:52 PM
 #39

Using bitcoin for payment it is not hard to use it because, bitcoin is easy way to pay a payment or a thing that we need. Using in bitcoin we need smartphone and bitcoin wallet to use in payment. It is good use bitcoin than other procedure for payment. If you need money bitcoin is the solution just follow the procedure in withdrawal to get a cash for you payment.
lili song
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March 31, 2018, 12:02:14 AM
 #40

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes actually bitcoin is quite easy to use and fast. We can do direct transactions in online for payment transactions. In bitcoin we can do payment and investment inside. Now many shop use bitcoin as a transactions, just do scanning for payment. It is very easy and fast. In wallet we can do withdrawal to get a cash.
bitllionaire
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April 01, 2018, 12:29:25 PM
 #41

no it is not hard to pay with bitcoin but the issue is scaling , The scaling of bitcoin is not as much as visa or paypal and can cause long delays to have the transaction confirmed , ripple has solved that issue somehow but it is not a decentralized crypto.
People have different experience and in different places different people have their difference experience, In some people there are some online shops where they accepting bitcoin for shopping, but in some places there there are shops who are accepting bitcoin so in such places people have the facilities to use bitcoin eve in such a small bitcoin.
Shenzou
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April 01, 2018, 12:42:35 PM
 #42

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
No doubt about that, paying with bitcoin much easier and faster than paying with credit cards and in fact it has cheaper fees, but the biggest problem that bitcoin had and we all witnessed in last year is scaling, last year when bitcoin got so popular that a lot of people were using it the network was flooded and transactions were stuck for days and fees were at crazy values, and that made making any micro transaction made by bitcoin nearly impossible, in fact steam which was accepting bitcoin removed it from the payment method because of how high the fees were, bitcoin is great for micro transactions so if this problem gets fixed which should be with the LN, i am sure a lot of companies will accept it.
Jaycee99
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April 01, 2018, 04:14:28 PM
 #43

Its easy to pay bitcoin as others say for its easy like when paying buying online using a credit card BUT bitcoin is much better you just need simple transactions and when it comes to credit card (because I compared credit card easy as paying to bitcoin). There is a big trill in this way of paying bitcoin because think of it your paying bitcoin and we all know the value of bitcoin can change for example you have .02 bitcoin and the thing or clothes (just think of a thing that you like) that your going to buy in the worth of .01 BTC

Try to canvas imagine that I found a bag that I bought in an online shop and the bag I found in the mall is worth 10 USD so here, now that .01 BTC IS WORTH OF 30 UDS. Imagine are now rich with that instead using it(bitcoin) as payment hold it bacause you might earn more (for the value of bitcoin can grow to sky rocket) or just exchange it for your foreign money
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April 01, 2018, 04:48:47 PM
 #44

This is one benefit of bitcoin. Payment is very easy, even better than debit or credit card payment. For card payment, you need to be physical and machine is needed but bitcoin is instant from either your smart phone or computer .
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April 01, 2018, 06:39:05 PM
 #45

This is one benefit of bitcoin. Payment is very easy, even better than debit or credit card payment. For card payment, you need to be physical and machine is needed but bitcoin is instant from either your smart phone or computer .
but you still have to consider the circumstances that can make the use of crypto currency impossible. At least one can cite the example of old people and children who can not exactly use Bitcoin every day.

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tbterryboy
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April 04, 2018, 09:26:53 AM
 #46

This is one benefit of bitcoin. Payment is very easy, even better than debit or credit card payment. For card payment, you need to be physical and machine is needed but bitcoin is instant from either your smart phone or computer .
Main focus of the developing team is to make sure that things will become easy. There wouldn’t be any difficulty for the users to operate bitcoins. As you know, bitcoins users are from different corners of world where they have defend backgrounds and learning levels. So the system have been made so easy and user friendly that even a lay man can get into this field by simple learning and earn money.
royale143
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April 04, 2018, 09:49:22 AM
 #47

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?
I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.

I agree. Although it's generally easier and more practice to transact with bitcoin because it's faster, I think that the challenge comes in the fact that many business entities still doesn't accept payments through bitcoins, therefore, there wouldn't be that many companies where you can actually use it. I think as it becomes more and more popular, which adds up to it being accepted by people, more and more companies will follow suit and accept it as a means of payment for products and services.

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