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Author Topic: Ohio accepts Bitcoin!  (Read 701 times)
aoluain
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November 26, 2018, 07:37:22 PM
 #21

Yes great to see some good news. I honestly am surprised that a state body
is allowing payment with bitcoin. Its a positive step.
It really blows in the face of all those people who love to talk down bitcoin.

R


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AimHigh
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November 26, 2018, 11:42:33 PM
Last edit: November 27, 2018, 09:41:20 AM by AimHigh
 #22

This is great that every news have a good news if we are reading that some of country was accepting  bitcoin and this is one of the positive steps and we hope that even China or all of the country was easy to transact for all of us so we hope that all country continues to accept  bitcoin one of the currency  of the country because we are one of those beneficiary  for that.
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November 27, 2018, 12:03:04 AM
 #23

wow its great that there are many place that start to accept bitcoin as the payment, and i hope we can use bitcoin in all places in the world. so we can need to carry our wallet or debit card anymor

Andruha1993
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November 27, 2018, 08:12:12 AM
 #24

Yes, this is great news. And it should be well reflected in the market. But while the market does not want to turn green. And with you, I agree that buying BTC from food to cars would be very cool.
ganlianshifu1
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November 28, 2018, 10:51:33 AM
 #25

This is the first step in the United States to accept BTC as a means of payment!
As a pilot, if Ohio succeeds, BTC will be widely promoted in the United States!
Ohio may be the first state to accept bitcoin taxation.
tranthiky
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November 28, 2018, 10:59:54 AM
 #26

Great. Bitcoin is widely accepted throughout the world. But I'm concerned about the bitcoin rate when it's accepted for taxes at OHIO. How will it be calculated?
It is interesting to think about how it works. I will wait for news from Ohio  Grin

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November 28, 2018, 11:25:41 AM
 #27

Great! Ohio authority finally recognizes Bitcoin and Crypto as official payment methods!
iqlimasyadiqa
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November 28, 2018, 11:30:20 AM
 #28

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?
We will definitely reach an era like this, what we need to do now is try to wait. The situation of the development of the digital currency is already on a good track. We are only waiting for decisions and support from the government. Digital currency is a phenomenal thing and all elements must be able to support the development of digital currencies in real terms.

The more places that can accept Bitcoin, the better it will be for the future of Bitcoin.
gb085 (OP)
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November 28, 2018, 12:44:33 PM
 #29

It will only help to create more awareness about the bitcoin. I doubt this will have any bullish effect on the BTC price. We need real use case and one that could store it and use it across millions of client and even form a core part of their business.

Have you heard of Virternity project?
I think that's close to what you are talking about.. I've been reading this blog post and it sounds interesting. (https://www.decentpropaganda.com/virternitys-distributed-exchange-network-could-put-crypto-exchanges-out-of-business/)
I am a bit skeptical but.. who knows?! Might actually work.
gb085 (OP)
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November 28, 2018, 12:49:37 PM
 #30

This is great that every news have a good news if we are reading that some of country was accepting  bitcoin and this is one of the positive steps and we hope that even China or all of the country was easy to transact for all of us so we hope that all country continues to accept  bitcoin one of the currency  of the country because we are one of those beneficiary  for that.

There's a new project coming on the market (heard about it..) that aims to create some sort of marketplace where most cryptocurrencies are accepted and it's going to be a faster way of exchange, a simpler way of doing trading or other operations with cryptos. I think it's a cool initiative and it might result in something truly great..
satosibtc1000
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November 28, 2018, 01:01:25 PM
 #31

Progress does not stand still and pay taxes becomes more convenient with the help of bitcoin , but I think it is not profitable as its potential is limitless !
dr.cheema
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November 28, 2018, 01:02:00 PM
 #32

Yeah that's true Ohio accepting bitcoin as payment of tax and Bitcoin getting famous day by day which is really good for market.
Current situation of crypto market is not good but never sell assets of crypto at very cheap price but if you can afford then we should invest on good potential projects.
I also heard that in Canada jewelry shop accepting Bitcoin as payment. 2019 is gonna be good for crypto market.  Cool
https://www.coindesk.com/canadian-jewelry-retailer-birks-now-accepts-bitcoin-payments  
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November 28, 2018, 01:09:50 PM
 #33

Yeah that's true Ohio accepting bitcoin as payment of tax and Bitcoin getting famous day by day which is really good for market.
Current situation of crypto market is not good but never sell assets of crypto at very cheap price but if you can afford then we should invest on good potential projects.
I also heard that in Canada jewelry shop accepting Bitcoin as payment. 2019 is gonna be good for crypto market.  Cool
https://www.coindesk.com/canadian-jewelry-retailer-birks-now-accepts-bitcoin-payments  

Look, it's great that you now have so many instances where you can pay with Bitcoin, but does it really have an effect on the popularity of Bitcoin as a method of payment?

I'd be way more interested in seeing how many people actually do pay using Bitcoin.
I would imagine that those numbers really aren't that great at the moment.

There are a few stores that accept Bitcoin in the area where I live and they all say the same thing.
The amount of customers paying with Bitcoin isn't anything to write home about.

As long as people aren't using it as a payment method, it doesn't really matter that more stores are accepting it.
Okay, you get some additional visibility because of it, but does that really push people to start using it?

wongdeso
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November 28, 2018, 01:12:29 PM
 #34

Yeah that's true Ohio accepting bitcoin as payment of tax and Bitcoin getting famous day by day which is really good for market.
Current situation of crypto market is not good but never sell assets of crypto at very cheap price but if you can afford then we should invest on good potential projects.
I also heard that in Canada jewelry shop accepting Bitcoin as payment. 2019 is gonna be good for crypto market.  Cool
https://www.coindesk.com/canadian-jewelry-retailer-birks-now-accepts-bitcoin-payments  

From day to day there will be good news about Bitcoin, Ohio starting to accept bitcoin for transactions and this is a good start for further development of bitcoin, then Canada also has good news about bitcoin, hoping this news can make bitcoin more valuable and accepted everywhere without debating it.
manfredmann
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November 28, 2018, 02:28:57 PM
 #35

It is not only Ohio accepts bitcoin because bitcoin is widely spread already all over the world. So meaning to say that the use of bitcoin will be also from around the world. This is why I was asking on why is it that bitcoin market price has drop when it is already known globally and many are interested on investing on bitcoin. Hope to see a market price pump for bitcoin.
bandaro
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November 28, 2018, 04:47:12 PM
 #36

This means that news of Bitcoin is a step ahead. Bitcoin has begun to be used as a tax payment tool.What's important is that someone has started and is expected to be followed by other countries.With the increasing use of bitcoin applications, it is expected that trust in bitcoin will increase so that the price of bitcoin also rises
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December 01, 2018, 08:12:40 AM
 #37

It is good sign one of the states in USA is accepting bitcoin that too for tax payments we may soon see more states in USA and other parts of the world accept tax collections in crypto currencies This is positive developments for cryptocurrencies industry all together
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December 01, 2018, 09:01:42 AM
 #38

Great. Bitcoin is widely accepted throughout the world. But I'm concerned about the bitcoin rate when it's accepted for taxes at OHIO. How will it be calculated?
It is interesting to think about how it works. I will wait for news from Ohio  Grin

I think the rate will followed the bitcoin price at point-of-sale if I'm not mistaken since they're going to used Bitpay.

Yes, it's going to be interesting indeed, it might set a precedent if this whole 'experiment' will be a success. Maybe we can see other States as well follow what OHIO has done.

R


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Captain Sneeze
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December 01, 2018, 04:37:42 PM
 #39

Hi guys,
I saw this article: https://cointelegraph.com/news/ohio-appears-to-be-first-us-state-to-accept-bitcoin-for-taxes-wsj-report
which is about payments allowed in the US state, Ohio, that allows tax payments with bitcoin.
It's really cool that everyday more and more states/countries are starting to allow cypto payments. There is a real potential here i guess.

I think that in the future we might or we should have also some sort of marketplace that allows buying/selling from bananas to cars with cryptocurrencies. Won't that be cool?
Isnt it nice to see news like this? This is definitely cool , now that many of us accepts and adopts bitcoin. I will expect that this may have a positive impact on bitcoin especially on bitcoin haters. A lot of countries accept bitcoin especially from the SouthEast Asia. Of course there is potential. The future will be more successful than now. And I know that someday we can already use bitcoin in different things like paying bills or paying for the service.
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December 01, 2018, 05:58:48 PM
 #40

Excellent already one of the States in the United States began to accept bitcoins legally. Think that the number of States in the us will grow in which accept bitcoin !

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