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Author Topic: Bitcoin as an online payment  (Read 15368 times)

Offline Domithra

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Bitcoin as an online payment
« on: August 10, 2018, 09:12:02 AM »
The adoption of Bitcoin as a payment method by renowned companies like youtube, Amazon etc will cause a significant positive impact on the crypto industry. With the new projects being created each day, the awareness of the Blockchain and cryptocurrency is gradually expanding and with time, all these major companies will adopt the Blockchain and cryptocurrency which will embrace the indispensable Bitcoin.
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Bitcoin as an online payment
« on: August 10, 2018, 09:12:02 AM »

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Offline xeroz

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Re: Bitcoin as an online payment
« Reply #1 on: August 10, 2018, 10:03:54 AM »
As we know, the presence of Bitcoin as using the blockchain technology really influences the payment method. Now, we can see as you said, Bitcoin is available to be online payment in some big companies in the world. It doesn't close the possibilities that this coin can be online payment for many more companies and e-commerce in the worldwide. Let's support this situation.
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Re: Bitcoin as an online payment
« Reply #2 on: August 10, 2018, 11:24:16 AM »
The availability of bitcoin as an online payment method is a great thing but how do we expect these great companies to pay in bitcoin when its price is not stable. I mean it is good for them to pay in bitcoin but looking at it from the other side., if I pay someone in bitcoin when the price is low, when the price shoots up it means am in loss. thus making you a fool for paying someone that amount they will get in the long run. which will be fair to the one being paid but not them that are paying you

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Re: Bitcoin as an online payment
« Reply #3 on: August 10, 2018, 10:41:49 PM »
The availability of bitcoin as an online payment method is a great thing but how do we expect these great companies to pay in bitcoin when its price is not stable. I mean it is good for them to pay in bitcoin but looking at it from the other side., if I pay someone in bitcoin when the price is low, when the price shoots up it means am in loss. thus making you a fool for paying someone that amount they will get in the long run. which will be fair to the one being paid but not them that are paying you
Yes, you are very right. that's one of the reasons the bitcoin has still not be accepted and used as a tool of the transaction. It is this instability that causes someone experiencing inequality because the ups and downs of prices could not be predicted. and none of the people wanted a loss in every transaction. for bitcoin, it still not used as means of payment.





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Offline densuj

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Re: Bitcoin as an online payment
« Reply #4 on: November 13, 2018, 07:40:33 AM »
Science Museum to Take Bitcoin Payments.

Great Lakes Science Center, an engineering and technology museum in Cleveland, Ohio, has told local media outlets that it will begin accepting cryptocurrency payments on Nov. 13. The educational center is integrating Bitpay into its payments system for ticket sales ahead of a blockchain conference that will be held at the facility in December.

It is good progress for bitcoin as an online payment, it will be followed by other real of businesses in the world.

Offline gribble

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Re: Bitcoin as an online payment
« Reply #5 on: November 13, 2018, 08:10:46 AM »
The availability of bitcoin as an online payment method is a great thing but how do we expect these great companies to pay in bitcoin when its price is not stable. I mean it is good for them to pay in bitcoin but looking at it from the other side., if I pay someone in bitcoin when the price is low, when the price shoots up it means am in loss. thus making you a fool for paying someone that amount they will get in the long run. which will be fair to the one being paid but not them that are paying you

Yes, you are right with what you say. That is one reason why bitcoin is still not accepted and used as a transaction tool. Because of price volatility, this is what causes a person to experience unequal because of the unpredictable rise and fall of the price of bitcoin. and people don't want any loss in every transaction. so for bitcoin, it's still not used as a payment tool

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Offline Jereh

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Re: Bitcoin as an online payment
« Reply #6 on: November 13, 2018, 05:06:58 PM »
I just wish Bitcoin is generally accepted as a medium of exchange for online transactions .
Not only on Cryptocurrency circle.

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Re: Bitcoin as an online payment
« Reply #6 on: November 13, 2018, 05:06:58 PM »


Offline bayiajaib

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Re: Bitcoin as an online payment
« Reply #7 on: November 13, 2018, 10:09:55 PM »
The adoption of Bitcoin as a payment method by renowned companies like youtube, Amazon etc will cause a significant positive impact on the crypto industry. With the new projects being created each day, the awareness of the Blockchain and cryptocurrency is gradually expanding and with time, all these major companies will adopt the Blockchain and cryptocurrency which will embrace the indispensable Bitcoin.

I think It is good news, If The adoption of Bitcoin as a payment method by renowned companies like youtube, Amazon etc will cause a significant positive impact on the crypto industry. The big companies should acceot and adopt crypto, because It is the future currency.

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Re: Bitcoin as an online payment
« Reply #8 on: November 14, 2018, 03:22:42 AM »
I think that's good. The purpose of Bitcoin is indeed digital money that can be used for transactions in the Crypto world. Indeed Bitcoin is used for online and other payments, I think many companies have indeed used Bitcoin in making transactions. I think this is good for Crypto's future, especially Bitcoin itself as a digital currency.

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Re: Bitcoin as an online payment
« Reply #9 on: November 14, 2018, 04:04:38 AM »
That is good. Indeed, the main purpose of Bitcoin is to be a digital currency used by the public and also companies and against the government as well as legalizing it. I think companies in the world have already legalized crypto and used it as a purchase transaction tool, like Samsung companies and others. This has a very good impact on Bitcoin.
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Re: Bitcoin as an online payment
« Reply #10 on: November 14, 2018, 08:07:21 AM »
It kinda better process of bitcoin that the well know company wants digital aspect in their system. The new approach could lead to high demands once there will have terms and rules in both parties. Gradual process is on the way.

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Re: Bitcoin as an online payment
« Reply #11 on: November 21, 2018, 01:00:01 PM »
Bitcoin Payments Catching on in Africa
Cryptocurrency may be banned in Zimbabwe, but bitcoin is helping ordinary folk make payments bank-free. It makes for a great fit for the more than 10 million Zimbabweans who lack access to basic banking services. And it’s even more beneficial to the banked few, a distrusting lot, who are keen to protect their savings against bank failure, inflation or even political turmoil.

Bitcoin is also being used to pay for TV subscriptions (a service offered by Study263) and accommodation rentals. But above all, it is looked at more as a store of value against fiat currency devaluation, rising inflation and policy uncertainty, as is the case is across much of Africa.

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Re: Bitcoin as an online payment
« Reply #12 on: November 21, 2018, 04:21:10 PM »
The adoption of Bitcoin as a payment method by renowned companies like youtube, Amazon etc will cause a significant positive impact on the crypto industry. With the new projects being created each day, the awareness of the Blockchain and cryptocurrency is gradually expanding and with time, all these major companies will adopt the Blockchain and cryptocurrency which will embrace the indispensable Bitcoin.

I think It is good thing mate. Bitcoin is good for investment and payment system. The big companies should use bitcoin as an online payment.
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Re: Bitcoin as an online payment
« Reply #13 on: November 21, 2018, 05:35:42 PM »
The adoption of Bitcoin as a payment method by renowned companies like youtube, Amazon etc will cause a significant positive impact on the crypto industry. With the new projects being created each day, the awareness of the Blockchain and cryptocurrency is gradually expanding and with time, all these major companies will adopt the Blockchain and cryptocurrency which will embrace the indispensable Bitcoin.

Block chain platform can adopted by the big companies like amazon, Youtube, etc. Because Bitcoin is the best payment system , I agree bitcoin as an online payment.

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Re: Bitcoin as an online payment
« Reply #14 on: November 22, 2018, 02:26:14 AM »
Thats is good news if the bitcion we use as a online payment because our lives make bitcion easy because in the future bitcion is our crypto currency and its big impact if the YouTube  and amason campany accepted bitcion ..the bitcion I think most popular

 

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