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Question: Are u ready to make payments in bitcoin?
Yes
No
Your answer in comments(please)

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Author Topic: Are you ready to make payments in bitcoin?  (Read 2082 times)
manselr
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February 12, 2015, 07:12:47 PM
 #21

I feel like my bitcoins are too valuable to do basic payments, it feels like paying with a metal so to speak. Anyone feels the same?
thompete
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February 12, 2015, 07:13:19 PM
 #22

Taxes .... But have you ever wondered what percentage of the price of the item is taxes? from 30-50%! how much money flows away in favour of taxation through trading platforms based on fiat?Now think how much you'll save on calculations in bitcoin?! Wink

Isn't that one reason why a lot of merchants give discounts while accepting bitcoin ?
However, if they use services like bitpay, then maybe they still have to pay the taxes

avatar_kiyoshi
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February 12, 2015, 07:35:05 PM
 #23

Are you ready to make payments in bitcoin?

I already use bitcoin as my payment Wink
dont ask me why Cheesy

azguard
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February 13, 2015, 07:17:16 AM
 #24

bitcoin needs to be way way way more accepted, if just the big merchants like mcdonalds, burgerking, starbucks etc. accepting it would be gold. Still waiting for one of these big fastfood retaurant to accept it.

still we are to far from this if this is to happen any time soon this will be huge for price.
also we will have more then, companies and even bank will try to get in this with huge investments

but i image this that i can go downtown, sit drink coffee with juice then pay with BTC credit card, and then go to shipping with wife and kids and then again pay in BTC

this would be great



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vennali
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February 13, 2015, 09:14:14 AM
 #25

Are you ready to make payments in bitcoin?

I already use bitcoin as my payment Wink
dont ask me why Cheesy



I pay with my coins for gadgets.. gamble with me..n recently even paid to buy pickle from across the globe.! Cheesy

thejaytiesto
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February 13, 2015, 02:47:29 PM
 #26

My body isnt ready.
neoneros
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February 13, 2015, 03:06:11 PM
 #27

I feel ready, but I had this mental limit in my head when my btc balance would reach that point I would spend it, but then the price dropped and it feels like robbing myself to spend it at this point in time. I did some small payments allready, but still waiting to buy my first whiskey with BTC Smiley

Kazimir
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February 13, 2015, 10:41:16 PM
 #28

Yes, I do this on almost daily basis.

I use Mycelium (Android), and sometimes breadwallet (iOS). Both are excellent, user friendly, very easy to use Bitcoin wallets.

There is no excuse anymore NOT to pay with Bitcoin.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
Nerazzura
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February 14, 2015, 01:55:46 AM
 #29


Bitcoin transactions also provide benefits like investment.
For example, a Facebook investor buy Bitcoin at a price of US $ 11 million on April 11, 2013.
Then, in September 2014 the value of Bitcoin soared to US $ 44 million or rocketed 400%.
The Singapore government is utilizing Bitcoin to obtain tax,
transaction Bitcoin US $ 500 thousand per day, this high potential Cheesy
OROBTC
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February 14, 2015, 03:16:50 AM
 #30

...

I agree with above comments that it's too bad that more merchants are not accepting BTC for payment.  Yes, if a Wal-Mart or Big Mac would start taking it, then that might mean we reach critical mass, and Bitcoinistan™ would really start to take off...

Here's a company that will take Bitcoin, I have used them twice (both times paying with Bitcoin), highly recommended!

providentmetals.com
MrKalipso (OP)
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February 14, 2015, 10:54:47 PM
 #31

SWIFT Event to Discuss Bitcoin's Impact on Banking

http://www.coindesk.com/swift-event-bitcoin-banking/

An event to be held by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) in New York next month is set to include a panel of payments and cryptocurrency professionals.

The Business Forum panel will discuss cryptographic protocols and their potential impact on correspondent banks, those that provide services to other financial entities.

Head of banking markets Wim Raymaekers will moderate the panel, which will include Cheryl Gurz, managing director of the Emerging Technology Segment at BNY Mellon Treasury Services; Marc Hochstein, editor in chief of American Banker; and New York Law School professor and Coin Center fellow Houman Shadab.

The payments communications network is the creator of the Business Identifier Codes (BICs), more commonly known as SWIFT codes, which are required of banks to process wire transfers.

Panelists will discuss the way cryptographic protocols are affecting and challenging wire transfer, automated clearinghouse (ACH) payments and other existing technologies and money-moving solutions for global banking and cross-border payments.

"The practice of correspondent banking [is] still at the heart of most cross-border payments. However, every day we read announcements in the press about new entrants, startups and crypto-protocols challenging correspondent banking," the event summary reads.

SWIFT works with more that 10,800 banking and securities institutions worldwide. It is also the host of the annual SIBOS conference for financial services industry members.

The Business Forum will take place 3rd March at the Marriott Marquis in New York. The crypto-protocols panel is scheduled to begin at 13:30.

reefsea
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February 15, 2015, 02:02:40 AM
 #32

yes of course
im ready for that.
because i like bitcoin to make payments.

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azguard
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February 15, 2015, 01:20:58 PM
 #33

I already make some payment with bitcoin, only for video games / mobile charge
But, i don't want to pay bitcoin if they require to use specific wallet like Coinbase / Xapo

for this i will agree
but this is something that will have to change personalty dont like booth of them



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LiteCoinGuy
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February 15, 2015, 01:46:59 PM
 #34

iam doing payments since 1,5 years now, nothing new.

havecoch
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February 15, 2015, 02:00:04 PM
 #35

I make payments with bitcoins all the time. I also get stuff from amazon with the cards I purchase from bitcoin as well.

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February 15, 2015, 02:07:27 PM
 #36

I'm ready and expecting to make more payments in Bitcoin.
Right now, most of my digital payment, such as buying domain, hosting, subscription, game voucher, are using Bitcoin. I save some money in Bitcoin, and get paid in Bitcoin too for my signature campaign. I've been doing these since 2013 and I'm glad I found Bitcoin.

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February 18, 2015, 06:20:14 AM
 #37

iam doing payments since 1,5 years now, nothing new.

yes but when did you pay for coffee in btc, we have one  coffee shop that accept bitcoin that was nice.
i will visit it in next days just to see.



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February 18, 2015, 06:25:38 AM
 #38

I pay for items with btc, ready to pay taxes if option is made available

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