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Bitcoin: do you like?

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  1. #1
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    Bitcoin: do you like?

    I see a lot of indian/russian/Asian prefer to pay with bitcoin.
    In italy a lot of people even dont know what is it!

    Your client use bitcoin? and you?
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    Hello,
    We have many clients that uses bitcoin. I see it as a great payment alternative

  3. #3
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    Quote Originally Posted by compacta View Post
    Hello,
    We have many clients that uses bitcoin. I see it as a great payment alternative
    Yeah I saw more people are using this payment method to buy products.
    I didn't have a chance to use bitcoin because I didn't learn how to use or pay that using it.
    I used to pay money with Paypal to buy digital products or hosting packages.

  4. #4
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    Quote Originally Posted by David Beroff View Post
    Yeah I saw more people are using this payment method to buy products.
    I didn't have a chance to use bitcoin because I didn't learn how to use or pay that using it.
    I used to pay money with Paypal to buy digital products or hosting packages.
    To get started easily with bitcoins, you can try www.coinbase.com, probably the biggest platform to buy/sell bitcoins. Secured and you can buy bitcoins with credit card or bank transfer
    Bitcoins are a good payment solution with lower fees than PayPal = 3.4%
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    David Beroff (07-10-2017)

  6. #5
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    I know, i use Spectrocoin and the commission is free!
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  7. #6
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    I am with namecheap. One of the best things I like about namecheap is I can pay for domain registration/renewal and hosting renewal through bitcoin. I have been using bitcoin since couple of years. There is good thing as well as bad thing about using bitcoins. Since the value fluctate, your bitcoins will worth less then the price goes down and your bitcoins will buy more when value increases. Bitcoins transactions are irreversible, whichn is one of the worst things about bitcoin.

  8. #7
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    Six months ago I was thinking no way this whole Bitcoin thing and think it's fake money, but I'm changing that attitude.

    I do like the non refundable / reversible nature of it, I'f I'm correct in saying this. It would protect against charge backs and other demands for refunds due to terms of service violations.

    I'm still on the fence about it currently. I'd would provide it as an option now but I don't feel it's main stream enough yet. Perhaps in another year or two it will be as common as someone having a PayPal account.
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  9. #8
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    The fluctuation is risky, if the value keeps dropping like today within the past 12-24h from 2500$ to 2381$(at this moment), might happen that by the end of the day u lose quite a bit of money.
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  10. #9
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    It seems to be constantly appreciating, so I try not to use it unless absolutely necessary. Sometimes, we make more money from Bitcoin appreciation than from servers.
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  11. #10
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    i install from 1 month and no one pay me in bitcoin
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  12. #11
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    I have created Coinbase account. And I have most of my bitcoins and litecoins stored in the account. I have purchased Amazon Gift cards from gyft. I think bitcoin can be good enough for buying stuff online. Once the value of the dollars and BTC goes higher. Then in such case I am guessing it'd be surely valuable. So I have my interests into this.

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    Many companies offer their clients to pay with bitcoin. I'd say it's quite popular, more and more people use it every day so if you considering stetting it up as one of payment methods go for it.
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  14. #13
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    I also noticed that it is especially popular in Asia, have a friend who lives in Thailand and he says it's so popular you can go in many places like simple shops and use it to buy stuff.
    Being a hoster, the fact that you are protected from fraudulent chargebacks is the most nice thing about it.

  15. #14
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    Yes! I do. I found it easy to move, transparent and to me decentralization is the biggest benefit. Also it's anonymous (can transfer without add any personal data), and easy to earn and spend.

  16. #15
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    Yes, bitcoin is a good option for online payment nowadays. From the advent of its arrival it has achieved much success and appreciation as a universal mode of payment. It is likely to become a universal currency in the coming years where e-currency or cryptocurrency will be on top and every transaction will be electronic. For my personal use I pay by bitcoins whenever possible or of not then I use PayPal instead because I don't want to usey western union or money gram for international payment. Also with bitcoin wallet you're your own bank and own customer. There's no third party. So you're the one to manage your finances.

    Because of these benefits I ask my clients to pay me in bitcoins, which are directly deposited to my wallet and then converted in local currency and then deposited to my bank account.

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    Personally, I like Bitcoin because it is easy to have bitcoins and it is very secured. And there's a chance that your bitcoin will increase it's value because it's an universal currency which means, you can change bitcoin to any currency that you want provided that you have a Bitcoin wallet that support changing currency.

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    Yes, it's because it provides financial freedom especially if you can't access a bank account, Bitcoin can allow you to be a bank of your own. It is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol. I am now using bitcoin on my shop because it's as common a payment gateway as using paypal.

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    Using Bitcoin is the easiest and quickest way to make a payment on the internet. When making a donation, or buying a digital item that doesn't require shipping, Bitcoin doesn't require any personal information. The merchant doesn't need any information, because they aren't charging you like a credit card, rather you are sending them the payment like cash.

  20. #19
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    Quote Originally Posted by CaygriWEB View Post
    I know, i use Spectrocoin and the commission is free!
    Can you further tell me as I am just new into bitcoin and I see the commission fee for any transaction is 0.001 which according to me is high if you are paying bitcoin to bitcoin. Paypal doesn't charges you if you are purchasing anything. For small transactions where I have to buy only few dollars worth of stuff the transaction fee is high which I think should be free or low at least.

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    Here in my country, bitcoin is still quite new in the minds of people but despite this, there are already establishments starting to accept it as payment. I believe that accepting payments such as this would be very profitable to a business because it has the highest possibility of increasing in value, other than it having the highest value in all currencies in the world. Right now its price is about $4700, and though the flow tends to fluctuate at times, the direction for this currency is still upward.

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    Yes, I do like bitcoins. And I'm using now a coins.ph to earn money and Bitcoin. if you want to join me just beep me back here. Bitcoins is a really great alternative for some people who does not nhave an bank account to make paypal account.

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    I don't know much about Bitcoin.I am using paypal for now as payment method, but as I have read your replies. I think it's worth to give it a try. I like the idea of having your own bank when you are using Bitcoin and the transaction fee attracts me the most.

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    I have bitcoin account that I used in my networking business but I rarely used it. I heard about good things about bitcoin like what the others opinion stated in comments above me. I wish I could use bitcoin it seems has a good service compare to other payments account but most of my online job, they pay me through paypal.

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    No one knows if Bitcoin going to be huge or will go down, one thing is for sure is: cryptocurrency is here to stay. those countries have adopted Bitcoin mainly for the complication of their local currencies like high fees and slow transactions, today, the first thing I look for a website is if they accept Bitcoin or no, even if I'm gonna pay in dollars.

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    Quote Originally Posted by jayken View Post
    Yes, I do like bitcoins. And I'm using now a coins.ph to earn money and Bitcoin. if you want to join me just beep me back here. Bitcoins is a really great alternative for some people who does not nhave an bank account to make paypal account.
    but one question, how many bitcoins are there and how they get their value as compared to any currency?

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