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Author Topic: How hard is it to pay with bitcoin?  (Read 354 times)
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.
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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
gantez
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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 .
AngellSky
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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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