Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on August 10, 2018, 09:12:02 AM
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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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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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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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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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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.
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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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I just wish Bitcoin is generally accepted as a medium of exchange for online transactions .
Not only on Cryptocurrency circle.
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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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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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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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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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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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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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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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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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Bitcoin as a virtual decentralized currency is mostly used online on cryptocurrency space . I do not think other online outlets accept it a medium of payment for goods and services.
It's widespread adoption is still low and that is what needs to be work on and I can see many upcoming projects addressing it.
Soon ,we will be able to buy goods and services using bitcoin.
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An online food store, Study263 accepts Bitcoin as a method of payment for food items such as Rice, Flour, Baked Beans, Sugar, Oil, and Macaroni. A Zimbabwean owns the store, and it aims to make these items easily accessible to ordinary people. It also wants to ensure that these goods are affordable in the face of an unstable economy in the country.
https://www.btcnn.com/cryptocurrency-news/bitcoin-news/zimbabweans-can-now-buy-foodstuff-online-using-bitcoin/
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The U.S. state of Ohio has set up a cryptocurrency payment portal and reportedly starts accepting payments in bitcoin for 23 types of taxes this week. “Ohio has become the first state in the United States, and one of the first governments in the world, to accept cryptocurrency,” the Treasurer’s Office wrote.
That's awesome bitcoin as an online payment on the real world and i think it will be followed by other sectors.
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I agree with that and I am very supportive and happy to hear it. Bitcoin is indeed intended to be able to create good digital money and function as a means of payment or transaction tool. for me Bitcoin is more profitable than fiat money, because transactions are cheaper, more effective and efficient. That's what I like about bitcoin.
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Bitcoin as a decentralized virtual currency is mostly used for the purpose of business transaction in the crypto space .
It is yet to be generally accepted by the public, reason it can't be used for payments outside of the crypto space.
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For sure, it is good if bitcoin is available for online payment. It can make bitcoin more valuable and useful in daily life. Then, the price of bitcoin will increase because it can be used for many purposes.
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Bitcoin can prove to be a better alternative as an online payment.
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I think buyers can purchase Bitcoin in a variety of ways (in almost any country in the world) and use it in a variety of ways: including online purchases using PayFast.Buyers simply pay the Bitcoin amount (at the current rate of exchange) during checkout. Sellers will still receive South African rand, just like with all our other payment methods.
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Bitcoin as a virtual decentralized currency is mostly used online on cryptocurrency space . I do not think other online outlets accept it a medium of payment for goods and services.
It's widespread adoption is still low and that is what needs to be work on and I can see many upcoming projects addressing it.
Soon ,we will be able to buy goods and services using bitcoin.
We really need that widespread adoption of Bitcoin seriously and we do need some basic educations about this kind
of technology to educate people that are willing to learn about cryptocurrencies.
I already used Bitcoin several times as a medium of payment for bills and other types of online stuff like gaming
items on some platforms that accept Bitcoin as a payment medium and it really goes well and fast.
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Cryptocurrency enthusiasts can now purchase silverware, timepieces, and fine jewelry with bitcoin cash (BCH) and bitcoin core (BTC) from eight select Birks Group locations in Canada. Birks Group has been providing jewelry services in the Canadian region for more than 100 years with its 28 Maison Birks and Brinkhaus stores. Through the partnership with Bitpay, the Birks Group locations that will accept BCH and BTC are in Vancouver West Hastings, Brinkhaus Calgary, Fairview Mall, Bloor, Yorkdale, Montreal and Calgary. Furthermore, the newly opened Patek Philippe and Graff stores will also be accepting cryptocurrencies in the near future. The company explained during the announcement on Tuesday that “Birks Group is the first luxury retailer in Canada to accept bitcoin.”
https://www.businesswire.com/news/home/20181127005586/en/Birks-Group-Partners-BitPay-Power-Bitcoin-Payment
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inevitably all large companies must use bitcoin as a method of payment and investment, because the bitcoin system is a future transaction
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Bitcoin as a online payment system has brought revolution in the financial sectors. We can now make transactions within few seconds and with less fees.
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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.
Yes, thats a very good news for us that some big online companies accepting btc to buy or sell goods. I think every big companies in the world will follow Amazon, Youtube and others also who accepting btc in their organization. Positive sign is many big economical country government also thinking about this.
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That's why all the newly launched coins are called altcoins.
Look at how Altcoins ZEEX has collaborated with StarBucks, that's one small example of altcoins.
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I strongly agree that Bitcoin is an online payment method and this will facilitate transactions. Companies will adopt Cryptocurrency to work together because they know that this can provide big profits.
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Bitcoin as a online payment system has brought revolution in the financial sectors. We can now make transactions within few seconds and with less fees.
That's definitely correct, Bitcoin simplifies our lives and makes it easy for its users to pay anytime and anywhere as
long as there is an internet connection. We need a massive scale of adoption to make Bitcoin globally recognized and
accepted in different kinds of stores in the world.
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Its a matter of time and the growth of trust in the world to adapt to the use of bitcoin. Lots of companies are still scared of using/trusting bitcoin. As topic said, it will be used for online payments and this will go far with lots of companies. As said in an article I came across, that Ohio will be accepting bitcoin for tax payment for all businesses in the state.
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Exchanges are available all over the world, allowing users to convert any currency into and out of Bitcoin and Bitcoin Cash. Every country and region is different, so you'll want to do some research before choosing an exchange.
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Bitcoin is a great transaction innovation. Bitcoin is starting a journey with transaction. Its also has a different type of project involved with it. So its great expand of this project. We will see many project come out in the future. So bitcoin is acting a great role as online payment and many others.
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Canadian payments company Glance has announced that its users will now be able to use Bitcoin as a payment method across all existing merchants and services.
The company claims that converting bitcoin to Glance Dollars will allow users to make payments quickly. Since a transaction on the Bitcoin blockchain can take anywhere between a few minutes and several hours to finalize, using the cryptocurrency directly for retail purchases can be impractical. Another advantage of this approach is that merchants will able to accept cryptocurrency as a payment method without participating in the process of setting up and managing digital wallets or using additional hardware. https://glancepay.com/
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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 am in agreement with you, because in the future many large companies use crypto payments.
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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.
This is a good indication that those huge companies have recognized the effectiveness of bitcoin technology. I'm hoping that this will echo to more companies that will accept bitcoin as a payment platform for the benefits of the whole crypto.
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Like if Youtube is already rich in profits from fiat.
They are unlikely (or old) to accept payments with Bitcoin, or even Youtube will create its own cryptocurrency. I have no idea !
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I think that's good. if bitcoin is used as an online payment because the purpose of Bitcoin is indeed digital money that can be used for transactions in the Crypto world. so it is true that Bitcoin is used for online payments and others, because I think now there are many companies that actually use Bitcoin in making transactions. so I thought it would be very good for the future of Crypto.
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Exchanges are available all over the world, allowing users to convert any currency into and out of Bitcoin and Bitcoin Cash. Every country and region is different, so you'll want to do some research before choosing an exchange.
Definitely, exchangers are available almost all continent in the world but in Asia, it is very few. 60% of the world people live in Asia, so it is shortage in Asia but it is not a fact. If this present market condition will go away, and market will bounch back, more trust will grow on Bitcoin and altcoins. Then acceptance of crypto will grow around the world.
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Chatspin, a popular live video streaming multi-platform app, is abandoning its plans to accept cryptocurrencies as a form of payment due to the significant losses in the value of Bitcoin and other coins have suffered this year, https://www.prweb.com/releases/2018/03/prweb15310114.htm that's awesome information about the bitcoin and another cryptocurrencies to be payment options even in the bear market of cryptocurrencies.
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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
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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
so from that, there are still some countries that still are reluctant to make the bitcoin transactions as a means of, because the value that is still fluid. with this is it seems to be an important point that needs to be done to support the future life demands the convenience and advantage. because future individuals will prefer doing everything deal with practical without having to carry cash wherever they go.
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According to my opinion Bitcoin brought a change in the online payment system, Bitcoin as an online payment system has brought a revolution in the financial sector.
Bitcoin brings changes in the financial transaction system.
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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.
In my opinion if all that happens then the development of bitcoin will be very fast and this will facilitate the development of bitcoin in the general public,
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Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service.
Social network platform Gab announced on Thursday that its integration of Btcpay Server has been completed. Its store now accepts payments in BTC and LTC.
Btcpay is a free and open-source payment processor that allows anyone to directly receive payments in several cryptocurrencies “with no fees, transaction cost or a middleman,” its Github page describes. The software conforms to the same invoice API format as Bitpay, allowing merchants to easily migrate from using Bitpay’s paid service to the Btcpay platform.
Gab offers free accounts as well as four levels of pro membership, which are three months for $15, six months for $30, one year for $60, and five years for $200. Gab’s store also sells $25 “Make Speech Free Again” ballcaps. Btcpay is now the store’s only checkout option.
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Bitcoin provides simplicity for online payment. People will have no difficulties anymore to do transaction for multi-purposes of payments via online. I think this is true advantages for having bitcoin. In the future, bitcoin will be very useful.
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For Bitcoin to become an online payment it will need to stabilizing and being trusted by everyone worldwide. The current situation is Bitcoin is being dump by too many people so they don’t trust it
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I once thought that bitcoin would die seeing the market today, but on the other hand bitcoin has increased over time, I hope Bitcon has experienced an increase like last year reaching its peak
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I've seen bitcoin be used as a payment method on Namecheap.
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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.
That is something good to crypto in the long term those big giants accept crypto also means that they see the value of crypto in the coming future, since big giants also believe in crypto future why not you?
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I am very and happy to hear it. Crypto currency intended to be able to create good digital money and function as a means of payment or transaction tool. for me crypto currency is more profitable than fiat money, because transactions are cheaper, more effective, efficient and it will no inflation because coin are limited not like fiat it is unlimited
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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 agree mate. I think Bitcoin is good as online payment. It is very potential. I believe bitcoin will more popular at the future.
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You're right. If such companies started using Bitcoin as a means of payment, then the situation would change a bit and probably more investments would come to the market!
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The Oásis Supermercados supermarket chain in Rio de Janeiro began accepting Bitcoin, Bitcoin Cash and Litecoin.
Coinwise provides processing support. Buyers pay for purchases using a QR code, and Coinwise system instantly converts a cryptocurrency into the Brazilian real. The withdrawal of digital currencies in Fiat occurs every three days.
According to the owner of Oásis Supermercados, Douglas Andradi, it is as easy to pay for purchases with cryptocurrency as with a credit card.
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bitcoin is very good for helping economic growth as well as online payments. so that we can be very easy when we make a transaction. without having to leave the house
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If the company starts using Bitcoin as a payment tool, the situation will change a little and maybe more investment will enter the market, and many transactions will occur.
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I wish that bitcoin will be soon accepted as online payment that I won't need to exchange btc to usd anymore to buy something online. But I am a bit concerned that btc will be more like gold and not as much as mainstream online payment. :)
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Yes many bitcoin friendly countries already have accepted bitcoin as their payment system in job sectors. Japan, Canada, North America already uses bitcoin as restaurants and travel agencies.
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Bitcoin can be used as one of the most appropriate payment tools because Bitcoin has very sophisticated technology to make payments.
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Great ideas as a payment method via bitcoin. Many developed countries already have accepted bitcoin as their payment system. Japan and Austria already have started bitcoin as their payment system.
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It is very obvious that Bitcoin is not just a marketing gimmick anymore. At present, more than 80,000 businesses are already on it uses.
Being an emerging technology, we can say that Bitcoins have the complete potential of changing and improving commerce. Bitcoin has advantages that benefit both the buyers and the sellers, in general.
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Bitcoin day by day becoming popular in restaurants, bars and shops, market and shopping mall, supermarket and travelling, transport and airports. Now few countries use as payment system.
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The main reason why crypto currencies were created to make payments in any part of the world .
Yes crypto is something which people look as an investment opportunity but the main use of crypto is to make payments .
So as the usability and acceptability increases of crypto currencies then only we will se major shift in the market of crypto.
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Bitcoin has the full potential to change and increase trade. Bitcoin has advantages that benefit buyers and sellers, in general. It is very clear that Bitcoin is no longer just a marketing tool. At present, more than 80,000 businesses are already using it.
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We will see many projects coming out in the future. So bitcoin plays a big role as online payments because bitcoin is a great transaction innovation. Bitcoin starts the journey with transactions. It also has various types of projects involved with it
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I just hope that bitcoin is more acceptable in all circles, bitcoin is more developed and more usable, not just for investment assets
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Bitcoin starts the journey with transactions. It also has various types of projects involved with it. We will see many projects coming out in the future. So bitcoin plays a big role as online payments because bitcoin is a great transaction innovation.
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I'm a bit worried that BTTC will be more like gold and not as much as mainstream online payments. I hope Bitcoin will soon be accepted as an online payment so I don't have to exchange BTTC with USD again to buy something online.
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Yes, I agree with you over time and many companies are aware of the importance of the Blockchain and cryptocurrency so they will soon get closer to this technology, this process is only a matter of time, companies that do not adopt advanced technology like this, then these companies will not develop just a matter of time, they must have finally adopted this technology.
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i am very thankful if some of the businesses will adopt bitcoin payment as this will benefits many people especially on payments in different bills it can help also from getting stress on paying bills over the counter .
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Bitcoin has already become a globally accepted payment method. However, it still lacks userfriendliness and requires quick confirmations with no queues to become a major player in global micropayments and finances.
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Yes some countries as already have accepted bitcoin as their payment system include Japan is now accepted bitcoin as their payment system.
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I hope Bitcoin will soon be accepted as an online payment so I don't have to exchange BTC with USD again to buy something online. I'm a little worried that BTC will be more like gold and not as much as mainstream online payments.
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Once again, Bitcoin proves that it is a reliable cryptocurrency. Otherwise, large companies would not accept online Bitcoin payments. may increase the price of bitcoin.
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Blockchain has been widely used in leading companies such as banks that want to adopt the blockchain but they are reluctant to acknowledge interest in Crypto, as the Creator of Bitcoin and blockchain, of course Satoshi Nakamoto continues to see this development and at some point there will be surprises.
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Personally, I am very supportive if BTC is accepted as a means of payment online. Of course it will be easier and smoother in transactions. Of course this policy must also be balanced with more modern infrastructure so that inequality does not occur.
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Blockchain has been widely used in leading companies such as banks that want to adopt the blockchain but they are reluctant to acknowledge interest in Crypto, as the Creator of Bitcoin and blockchain, of course Satoshi Nakamoto continues to see this development and at some point there will be surprises.
I only read that some banks are still testing the technology into their system. Where did you get the information of blockchain widely used by banks?
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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
That is exactly why I'm not paying in BTC, but I exchange it to USD. Since I'm using CoinDeal Premium (https://frontend.coindeal.com/account/premium-account.html?_ga=2.57372394.1563827801.1555425152-1818282971.1554562917), it's way easier to do it and fees are really low. But that's just my opinion.
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With a small amount of supply Bitcoin is able to give confidence to everyone that a safe way to pay online is to use crypto, but when Bitcoin gets a lot of criticism from several countries because of its high price, I think Bitcoin has become a good investment besides payment on line
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I have read some online business accepted the payment in BTC. I think it will be more online businesses to accept BTC for the payment. This trend indicates the popularity of Bitcoin increases more, and I believe with this fact, BTC will be adopted more.