Who uses bitcoin!!

Do you Use Bitcoin?

  • Yeahhhh

    Votes: 5 33.3%

  • Ummm, Nope

    Votes: 10 66.7%
  • Total voters
    15
  • Poll votes is visible for users with special permission.
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Not many places that do support bitcoin payments and I personally don't use it, rather spend with the real deal payment.

So I added an poll for those that doesn't want to tell 😛 I know that an guy got like 14 bitcoins and forgotten about it, then one day he remembered about it since some guy was talking about it and then this guy chased up and found out that it's worth over $800K and too my mind is a fake!!!
 
I may be behind society, can someone explain to me what bitcoin is 😛 What is it worth and why use it?
 
Myers said:
I may be behind society, can someone explain to me what bitcoin is 😛 What is it worth and why use it?
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Wikipedia is your friend 😛

It's like real money but Digital version for online world.
 
I've been trying to get into Bitcoin for a long time. All my hipster friends give me weird looks because I don't use it.:pompous:
 
Some even doesn't know about BTC . But I only use BTC for my payments because PayPal is going to be temporary
 
Scarecrow said:
ATiRAGEPRO said:
WorldClassic said:
Some even doesn't know about BTC . But I only use BTC for my payments because PayPal is going to be temporary
Click to expand...
I think Paypal is a terrible company. I would rather use anything else.:sour:
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Why would you think that? what's your reasons and thoughts that they are terrible!!
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It's not bad if you're a buyer or a customer, but as a merchant for nearly 7 years, Paypal seems to have a very real hostility toward it's sellers. I am currently involved in a class action against Paypal, because they stole upward of $11,000 of my revenue, due to charge-backs they made to customers who were exploiting a loophole in the dispute process back in 2013. (Committing fraud.)

I ended up losing my house, and living homeless for nearly two years because of this company.

Paypal isn't a bank, despite popular opinion. Paypal is an escrow, much like what investors use when trading stock online. They are a subsidiary of Ebay, so they have managed to avoid lots of legal repercussions because they have Ebay lawyers in their corner.

This is by no means an isolated incident:
http://www.paypalsucks.com/
https://charlesfloate.co.uk/paypal-alternatives
http://www.knaddison.com/opinions/why-i-hate-paypal-why-paypal-sucks
http://lifehacker.com/5821634/why-y...use-these-other-services-to-send-people-money

In the name of security, Paypal seems to have created a monster that disproportionately favors fraud, and treats its own merchants like expendable garbage. The fact that the Federal Trade Commission hasn't investigated them yet is nothing short of criminal.
 
ATiRAGEPRO said:
Scarecrow said:
ATiRAGEPRO said:
WorldClassic said:
Some even doesn't know about BTC . But I only use BTC for my payments because PayPal is going to be temporary
Click to expand...
I think Paypal is a terrible company. I would rather use anything else.:sour:
Click to expand...
Why would you think that? what's your reasons and thoughts that they are terrible!!
Click to expand...
It's not bad if you're a buyer or a customer, but as a merchant for nearly 7 years, Paypal seems to have a very real hostility toward it's sellers. I am currently involved in a class action against Paypal, because they stole upward of $11,000 of my revenue, due to charge-backs they made to customers who were exploiting a loophole in the dispute process back in 2013. (Committing fraud.)

I ended up losing my house, and living homeless for nearly two years because of this company.

Paypal isn't a bank, despite popular opinion. Paypal is an escrow, much like what investors use when trading stock online. They are a subsidiary of Ebay, so they have managed to avoid lots of legal repercussions because they have Ebay lawyers in their corner.

This is by no means an isolated incident:
http://www.paypalsucks.com/
https://charlesfloate.co.uk/paypal-alternatives
http://www.knaddison.com/opinions/why-i-hate-paypal-why-paypal-sucks
http://lifehacker.com/5821634/why-y...use-these-other-services-to-send-people-money

In the name of security, Paypal seems to have created a monster that disproportionately favors fraud, and treats its own merchants like expendable garbage. The fact that the Federal Trade Commission hasn't investigated them yet is nothing short of criminal.
Click to expand...
I had none of those problems at all, I did had to deal with merchant but aren't that much Also I have Paypal linked to my website for getting donations and the products of games that I have in store. After reading that it mad me check my accounts to see that the balance is right since I had received $0.13 USD.

So that's damn bad and sorry to hear that you lost that amount, What I have at the moment of this stage that I got no choice to use PayPal, papal is big and they seem to be doing what they want to be doing.
 
Right now, it doesn't seem like you have anything to worry about. The issues tend to come when merchants average a $3000 or higher monthly average profit margin. After that, PayPal looks for every conceivable excuse imaginable to limit access to your own money.

When I started my business in 2006, Paypal held a virtual monopoly on the exchange of money over the internet. no viable alternatives really existed for it until late 2014, but by then, the damage had already been done.
 
I don't 🙂 But this is not about me!!

Thanks for telling me your outcome, it has made me extra careful in the Future of merchant, Yet I rarely use that open and if I did it's not going to be like 3K
 
I accept bitcoins ideology. However, I don't accept it on any of my sites. The currency is too unstable and goes up and down prices a lot which is just not something I can trust as a payment.

Myers said:
I may be behind society, can someone explain to me what bitcoin is 😛 What is it worth and why use it?
Click to expand...
Bitcoin at one point use to be worth over $1,000 USD for a single bitcoin!!

It has been going up and down the last couple years though very drastically. One month could be worth $400, another $700.
 
Jordan said:
I accept bitcoins ideology. However, I don't accept it on any of my sites. The currency is too unstable and goes up and down prices a lot which is just not something I can trust as a payment.
Click to expand...
Same, I do have an option and plugin for it but most of the members don't even know what bitcoin is and won't understand it.

I think that one day it will be over!!
 
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