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Author Topic: Crypto as a payment method for goods: what to expect in 2019  (Read 17366 times)
arpon11
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February 25, 2019, 06:44:03 PM
 #101

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.  
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
It is really the right time to become an active user!  Cryptocurrency market is trying to survive and I do believe that it is currently too volatile to be as money.  It has to became very stable and adoptable for us to be able to used it for the payment for good and services.  Online and offline business cannot really used it because you will not know if it will grow or not and if it goes down as it is doing now there is no way you will not lose.
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February 25, 2019, 06:48:15 PM
 #102

Currently, we can pay for almost any product, as well as various services with the help ofcryptocurrency. It is convenient, fast and only requires a transaction fee. Therefore, with each passing day, the adoption of cryptocurrencies will increase, and will be the integration and strengthening of links between cryptocurrency and fiat payment services.
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February 25, 2019, 08:05:34 PM
 #103

For now we have to be honest, it's not going as fast as we want it, but yes adoption is taking place and crypto awareness is everywhere.
The only issue now is instability and unpredictability which affects cryoto as a form or medium of Payment,but right now you can purchase close to anything with the bitcoin via the internet.
But we need to bring such service nearer to us,in our local stores and bars,shops and warehouses,if bitcoin can get in there, then we are making huge progress

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Finestream
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February 25, 2019, 10:47:21 PM
 #104

For now we have to be honest, it's not going as fast as we want it, but yes adoption is taking place and crypto awareness is everywhere.
The only issue now is instability and unpredictability which affects cryoto as a form or medium of Payment,but right now you can purchase close to anything with the bitcoin via the internet.
But we need to bring such service nearer to us,in our local stores and bars,shops and warehouses,if bitcoin can get in there, then we are making huge progress
Yes.We know we are close to mass adoption for bitcoin already seeing that there are already available goods to purchase in the internet but it would be more useful on the part of the people if they will see bitcoin as a medium of exchange in the local areas like the nearest fastfood chains or department stores.I think in the year 2019 there will be more bitcoin development that will take place.

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February 25, 2019, 11:09:46 PM
 #105

For now we have to be honest, it's not going as fast as we want it, but yes adoption is taking place and crypto awareness is everywhere.
The only issue now is instability and unpredictability which affects cryoto as a form or medium of Payment,but right now you can purchase close to anything with the bitcoin via the internet.
But we need to bring such service nearer to us,in our local stores and bars,shops and warehouses,if bitcoin can get in there, then we are making huge progress
Yes.We know we are close to mass adoption for bitcoin already seeing that there are already available goods to purchase in the internet but it would be more useful on the part of the people if they will see bitcoin as a medium of exchange in the local areas like the nearest fastfood chains or department stores.I think in the year 2019 there will be more bitcoin development that will take place.
Do we know that? I hope so, but mass adoption is still a very long way to go. When I would like to buy something in the internet I think it should be paid in Bitcoin but most normal websites don't offer such purchases in Bitcoin. I hope they will do it in future but I don't see them move towards it right now. It's still too difficult for them to implement and also a risk.

But I'm confident to see adoption slowly appearing.  Smiley

Smiley Smiley
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February 26, 2019, 01:48:31 AM
 #106

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there. 
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
It is really the right time to become an active user!  Cryptocurrency market is trying to survive and I do believe that it is currently too volatile to be as money.  It has to became very stable and adoptable for us to be able to used it for the payment for good and services.  Online and offline business cannot really used it because you will not know if it will grow or not and if it goes down as it is doing now there is no way you will not lose.
That is a concern for users and sellers, prices are too volatile to be used as a payment method. I hope there will be a system or platform that deals with price fluctuations, so it will not make lose to buyers and sellers, because I think many people are interested in crypto payments nowadays
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February 26, 2019, 05:58:44 AM
 #107

For now we have to be honest, it's not going as fast as we want it, but yes adoption is taking place and crypto awareness is everywhere.
The only issue now is instability and unpredictability which affects cryoto as a form or medium of Payment,but right now you can purchase close to anything with the bitcoin via the internet.
But we need to bring such service nearer to us,in our local stores and bars,shops and warehouses,if bitcoin can get in there, then we are making huge progress
Yes.We know we are close to mass adoption for bitcoin already seeing that there are already available goods to purchase in the internet but it would be more useful on the part of the people if they will see bitcoin as a medium of exchange in the local areas like the nearest fastfood chains or department stores.I think in the year 2019 there will be more bitcoin development that will take place.
Do we know that? I hope so, but mass adoption is still a very long way to go. When I would like to buy something in the internet I think it should be paid in Bitcoin but most normal websites don't offer such purchases in Bitcoin. I hope they will do it in future but I don't see them move towards it right now. It's still too difficult for them to implement and also a risk

In fact, it is not difficult at all

They don't even have to code anything themselves, apart from the frontend which would allow their buyers to choose a payment method. But they likely already have it anyway as there are many payment options available even without cryptocurrencies in mind (e.g. PayPal, bank cards, cash, etc). Technically, it all comes down to installing a third party plugin, the one supplied by the payment processor which makes cryptocurrency payments possible. And there are no cryptocurrency related risks for merchants with this approach

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February 26, 2019, 07:35:01 AM
 #108

Currently, we can pay for almost any product, as well as various services with the help ofcryptocurrency. It is convenient, fast and only requires a transaction fee. Therefore, with each passing day, the adoption of cryptocurrencies will increase, and will be the integration and strengthening of links between cryptocurrency and fiat payment services.
more and more people will use cryptocurrency as one of the safest, fastest and cheapest shipping costs alternatives, while growing years the development of technology will become more sophisticated and many companies will start using blockchain technology to implement cryptocurrency payments.
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February 26, 2019, 02:18:34 PM
 #109

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.  
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
Here in the Philippines, there are few stores who are already accepting cryptocurrency as a payment and there are no any problems in using it as a transaction, so i think it will really be effective if every stores start to accept cryptocurrency and it will be helpful for us to use cryptocurrency for our daily lives to support our basic needs.
Haxor321
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February 26, 2019, 03:05:17 PM
 #110

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there. 
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
I think there could be chance that cryptocurrency will be use as a payment method to buy goods because cryptocurrency is getting more popular and there are now few stores who accepts crypto in every country.
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February 26, 2019, 03:20:25 PM
 #111

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there. 
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?


First of all crypto is a online currencies and there are many selling platform that already accepting crypto but in the goods i think there are many time to research if this is good to be part of purchasing the goods. Yes we need to become active users because crypto is not only money that you already know the price. I think this year many online business approving crypto in there platform for payment method but i dont know if crypto can buy goods in supermarket this year but i always sure someday crypto can purchase goods in the market.

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February 26, 2019, 03:28:23 PM
 #112

Day by day the using methods of bitcoin are increasing. The users and investors are also rising. As many new factors are adding on cryptocurrency, people are showing interest to use it. Hopefully in 2019, many more opportunities will come to us.
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February 26, 2019, 04:50:10 PM
 #113

Day by day the using methods of bitcoin are increasing. The users and investors are also rising. As many new factors are adding on cryptocurrency, people are showing interest to use it. Hopefully in 2019, many more opportunities will come to us.
Hopefully adoptions will cover all over the world, as there's a lots of businesses who also studying about adopting crypto currency, we are all hoping
that it will materialized and more people will be able to learned about this new digital currency  helping them to much quicker and easier daily payment
process.

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February 26, 2019, 05:21:22 PM
 #114

Day by day the using methods of bitcoin are increasing. The users and investors are also rising. As many new factors are adding on cryptocurrency, people are showing interest to use it. Hopefully in 2019, many more opportunities will come to us.
Hopefully adoptions will cover all over the world, as there's a lots of businesses who also studying about adopting crypto currency, we are all hoping
that it will materialized and more people will be able to learned about this new digital currency  helping them to much quicker and easier daily payment
process.
However we help with the adoption through wide spreading it takes more time than we calculate. In this regard we cannot have a perfect and calculated outcome from bitcoin with reference to the adoption.

Even now if people learn about bitcoin it takes time for them to get into the real world usage of bitcoin on different Marketplaces as well on trading and other beneficial needs.

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February 26, 2019, 05:29:27 PM
 #115

Now if amazon would start accepting bitcoin for their customers purchases this would push the method of payment to extreme levels towards cryptocurrency as a legitimate form of payment for everyday goods.
I have heard in the last month there has been talks behind the scenes from bezos in researching more about how they could work with a payment processor in accepting some sort of crypto so they would be able to receive the funds in usd.
But nothing has come out of it up until now.
Hopefully later in the year we will have some progress in their stance on cryptocurrency being accepted by them and thus bring forward the rest of the retail industry to do the same.

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February 26, 2019, 05:31:14 PM
 #116

There is some sufficient traders tolerating the said installment strategy. The issue isn't on the purchaser's side yet on the moving side, as most are as yet reluctant to incorporate digital forms of money into their checkout pages. Bitcoin is quick, secure and solid in itself, however the cost is the thing that makes the contention for generally vendors. Market capitalization and high cost alone wouldn't take care of business, you likewise need value solidness in the event that you need the vendors pouring in.
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February 26, 2019, 05:36:43 PM
 #117

You are not very successful, as many here. Bitcoin, like the rest of the cryptocurrencies are now at the bottom, and when it began to emerge is not clear. Payment for goods using cryptocurrency is theoretically possible, but this requires a more stable rate.
Of course, the potential for cryptocurrency growth is necessary, and cryptocurrency for everyday life is not enough. I think the next wave of growth will begin.

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February 26, 2019, 05:38:21 PM
 #118

Day by day the using methods of bitcoin are increasing. The users and investors are also rising. As many new factors are adding on cryptocurrency, people are showing interest to use it. Hopefully in 2019, many more opportunities will come to us.

If officially some other countries does legalize the btc this will boost the things up as their citizens will start accepting and making payment in btc for the daily needs as well. it will also increase the digital footprint which is the future and the easy way to make payment.
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February 27, 2019, 12:41:55 AM
 #119

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
We will see the progress as time goes and sure there will be new merchants accepting bitcoin, there is a slow adoption rate than what we anticipated in the beginning because of the increase in transaction fees and delays but right now everything is working smooth and hopefully we will see more merchants accepting bitcoin and i expect bitcoin to be the currency for online transactions for the masses.
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February 27, 2019, 03:50:11 AM
 #120

I think now is not the best time to enter the market. many will say that the best time than panic sell and can not think of, but I'm not a supporter of this position. despite this, it is safe to say that even in the current not the most positive situation, the use of the crypt will be found for anyone, a question of needs.
indeed at this time the conditions and conditions are experiencing a decline in its development and as investors we must be able to see all the opportunities that will be obtained in investment with crypto currencies and the risks that are obtained are very large we must be able to look safe in investment
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