Wildwest
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October 27, 2021, 06:42:25 AM |
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If I want to spend something with crypto currency then the coins that are often used are usdt and busd because the coin is already classified as a stable coin so that we are more in use, but unlike other coins whose prices are always changing so that we arise regret when the price increases but the coin we have spent by buying certain items, like the history of bitcoin at that time can only get a pack of burgers with 1 bitcoin if the person concerned is still monitoring the current value of bitcoin then the biggest disappointment and regret he feels right now.
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kotajikikox
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October 27, 2021, 07:04:27 AM |
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Nope, I am for Fiat expenses and only keep my Crypto on hold or converting into Fiat , In past i tried buying online but i realized that i am devaluing my coins when the value is dropping so since then at least i will use fiat or will convert my crypto before paying, also i have Paypal and other online wallet so there is no rush in using my crypto for payments.
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proTECH77
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October 27, 2021, 03:56:51 PM |
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I use to pay with bitcoin in my country because there are many bitcoin users who accepted bitcoin as payment in their stores. They make more money from their business than those who are not accepting bitcoin for payment in the market. Bitcoin transaction is very easy to become successful for you to buy what ever you want from the store. Now the price of bitcoin has increased, it will draw more sellers to start accepting bitcoin payment in their businesses to have more bitcoin users as their customers in the community.
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Similificator
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October 27, 2021, 04:18:28 PM |
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Well, I am a fiat guy so unless it is really urgent and have no fiat available (which I doubt would happen since I always have emergency fiat available) I would prefer using xrp since it is more commonly used by most of the people I know right now. But really, as long as it isn't that urgent or a matter of life and death, I would jever touch any of my crypto holdings I value them too much just to spend them at will. Of course pyrchasing nfts or other alts is a different story, but if fiat is available, why not use it?
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sulendra12
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October 27, 2021, 04:27:01 PM |
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I am interested what do you guys use for payments. I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
BNB, Litecoin and other low fee coins for transaction. If we are talking about transactions so we need accepted coins which has low fees so the buyers don't get charged too much for the fee from every transaction you make. Just imagine paying $10+ fee just to pay $5 transaction for example the steam wallet. That's quite ridiculous. I would avoid those merchants and looking for the other one.
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yohananaomi
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October 27, 2021, 04:59:11 PM |
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That's not the case in my country. We have to exchange it for fiat first. Cryptocurrencies are prohibited from being used as transactions here. That would make the image of cryptocurrency bad in the eyes of the government, we try to obey the rules with it. Cryptocurrencies here are commodity assets.
it seems that there are still many countries that do not allow the direct use of crypto to be used as a legal transaction tool. but if you want to trade or something like that then it is allowed as long as you have to exchange it to fiat first. but actually there is no problem with events like yours as long as there are no restrictions on crypto trading. it does take quite a bit of time for the government to be able to accept crypto as a recognized tool. because each additional use for each transaction clearly requires regulation so that it cannot be misused or conflicted with the use of fiat itself.
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lucates
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October 28, 2021, 03:46:20 PM Last edit: October 28, 2021, 05:31:47 PM by lucates |
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Bitcoin is extremely precious for me to spend. You never know that if you pay for a play station console using bitcoin today, the same amount of bitcoin can buy you buy you a car in 2 next two years. So I personally wouldn't prefer paying with bitcoin for anything at all.
I would rather use USDT or BUSD or any other stablecoins. Because their value is fixed as per the market rate if the underlying asset and don't have extreme upside or downside potential.
Bitcoin is really precious for me too. I used Bitcoin and also altcoin as my digital asset . Now a days I'm not prefer any digital currency to pay my bills because of security issues. Bitcoin is my investment option. But we can use stable coins like tether to buy things so we don't need to bear any lose here. I know only few shops are allow to use digital currencies now but we can definitely hope it will change soon and one day bitcoin will going to become future currency.
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Kodok Bencot
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October 28, 2021, 03:57:55 PM |
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Until now I have never paid with cryptocurrencies, this is because in my country it is difficult to find outlets or online shops that accept crypto, I've seen online shops that accept bitcoin and ethereum, unfortunately when I tried to pay with ethereum it turned out to be a large transaction fee of up to around $9 and i cancel for crypto transaction.
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Rana590
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October 28, 2021, 04:39:59 PM |
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I am interested what do you guys use for payments.
I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Doing this little research because I am preparing project I will appreciate honest answers and comments
Thank you
There is no enough scope to pay through crypto in my country because still Bitcoin and other crypto are not acceptable as a legal currency. I hope within very short possible of time, we'll be able to pay through cryptocurrency. Currently it is possible to pay some smm panel and p2p transaction.
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Ngewex Yuk
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October 28, 2021, 05:02:27 PM |
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Yes, I like pay with cyprocurrencies. Payment transactions with bitcoin or other cryptocurrencies are fun, I've been shopping for clothes several times and paid with bitcoin, payment with bitcoin can be faster and cheaper than payment via bank transfer.
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TIME TO SLEEP
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izsara
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October 28, 2021, 07:48:44 PM |
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So far I haven't used my crypto assets to buy anything, but maybe in the next few months I will try this, just to feel how I take out the assets I have in crypto to buy something ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) actually I'm not too interested in making payments to this crypto but it doesn't hurt to try this once so I don't wonder what it will taste like ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sihab76
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October 28, 2021, 10:28:56 PM |
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Although so far I have not been able to trade my country with Bitcoin or other coins. But when I was living in Malaysia, I was able to buy the things I needed to exchange for Bitcoin. Bitcoin can be exchanged for necessities in my neighboring country India.But my country has not yet emphasized on bitcoin.
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Sihab76
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October 28, 2021, 10:31:30 PM |
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Yes, I like pay with cyprocurrencies. Payment transactions with bitcoin or other cryptocurrencies are fun, I've been shopping for clothes several times and paid with bitcoin, payment with bitcoin can be faster and cheaper than payment via bank transfer.
In the case of bank transactions, you have to go through many rules and regulations. But when it comes to trading with Bitcoin, there is no problem. Bitcoin transactions are the most popular of the next generation Will become known as the medium of transaction.
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South Park
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November 01, 2021, 08:53:12 PM |
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That's not the case in my country. We have to exchange it for fiat first. Cryptocurrencies are prohibited from being used as transactions here. That would make the image of cryptocurrency bad in the eyes of the government, we try to obey the rules with it. Cryptocurrencies here are commodity assets.
it seems that there are still many countries that do not allow the direct use of crypto to be used as a legal transaction tool. but if you want to trade or something like that then it is allowed as long as you have to exchange it to fiat first. but actually there is no problem with events like yours as long as there are no restrictions on crypto trading. it does take quite a bit of time for the government to be able to accept crypto as a recognized tool. because each additional use for each transaction clearly requires regulation so that it cannot be misused or conflicted with the use of fiat itself. We must expect that this is going to continue being the case for a long time, governments are not going to give up what it took them so long to acquire just because someone got a good idea to get around the system they have built, you can be sure they are going to fight with all their strength against bitcoin and if things begin to go bad for the economy we can expect that the regulations and the bans will get worse over time as governments will get desperate and will want to obtain all the wealth they can out of their citizens
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Ebede
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November 01, 2021, 09:16:26 PM |
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People that will pay bitcoin is a the country government is in support of payment with cryptocurrency because any country that refused to honor bitcoin will be difficult to make salary payment and buying of food items with bitcoin, among cryptocurrency bitcoin is the one the name is pronounced and if we are to make payment with, it will be bitcoin because it have more power than any other coins, some people say that they can buy car with bitcoin and i have not done that before, and is here that i heard that someone buy pizza with bitcoin that means i can buy something with bitcoin for everywhere.
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Rufsilf
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November 02, 2021, 10:39:45 AM |
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Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.
So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.
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Tigerheart3026
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November 02, 2021, 10:49:05 AM |
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Until now I have never paid with cryptocurrencies, this is because in my country it is difficult to find outlets or online shops that accept crypto, I've seen online shops that accept bitcoin and ethereum, unfortunately when I tried to pay with ethereum it turned out to be a large transaction fee of up to around $9 and i cancel for crypto transaction.
those shops have to include others crypto there cheap transaction fee, as we know that about currently matic,tron and binance chain are very precious. from long time ago i did not use bitcoin and ethereum in online shop also on the others stuffs because of large fee and delaying to confirm the transaction.
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PeerSend
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November 03, 2021, 03:05:04 AM |
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I use BTC to buy literally 90% of what I buy.
You can buy 100s of online shops & restaurants gift cards, including Amazon, using BTC.
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peter0425
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November 03, 2021, 03:58:01 AM |
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if given a chance of course i keep paying using My altcoins , but in my country there are very few that we can use crypto as payment method as most of the time we need to convert first into Fiat before transacting.
but my mostly use coin is Ripple because i have bought XRP when the price is super Low and now i am enjoying the opportunity to use as payment tools.
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Kadal Ijo
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November 03, 2021, 10:21:43 AM |
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I shopped several times on online sites that accept bitcoin, ethereum and USDT payments, I think cryptocurrencies are very good because of the faster transaction fees and lower fees, I hope that more online shops and fintechs accept cryptocurrencies for payment so that it can improve marketing .
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