Bitcoin Forum

Local => India => Topic started by: skang on June 04, 2014, 11:33:16 AM



Title: Who's spending their coins?
Post by: skang on June 04, 2014, 11:33:16 AM
Which service if available in India would you avail for cryptocoins?
Do Indians want to spend their coins?


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 04, 2014, 11:39:59 AM
I would - for a spa


Title: Re: Who's spending their coins?
Post by: BitCoinDream on June 04, 2014, 01:35:22 PM
Which service if available in India would you avail for cryptocoins?
Do Indians want to spend their coins?


Nopes ...I prefer to HODL  ;)


Title: Re: Who's spending their coins?
Post by: Benson Samuel on June 04, 2014, 08:19:47 PM
I would - for a spa

Go to chandigarh for spa and salon :D


Title: Re: Who's spending their coins?
Post by: deadley on June 04, 2014, 08:54:10 PM
I want to spend Bitcoins in Restaurant.


Title: Re: Who's spending their coins?
Post by: Benson Samuel on June 04, 2014, 08:56:41 PM
I want to spend Bitcoins in Restaurant.

Thandani's in Mumbai


Title: Re: Who's spending their coins?
Post by: deadley on June 04, 2014, 09:04:13 PM
I want to spend Bitcoins in Restaurant.

Thandani's in Mumbai

I am in Delhi, but still PM me address my family in Mumbai and I go every year Mumbai so surely will visit Thandani's.


Title: Re: Who's spending their coins?
Post by: Skycraft on June 04, 2014, 09:30:40 PM
Not yet...... >.<


Collector here


What about ebay.com? Any news? I'dd love  8)


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 05, 2014, 07:26:26 AM
I would - for a spa

Go to chandigarh for spa and salon :D
They stopped accepting bitcoins No?


Title: Re: Who's spending their coins?
Post by: Benson Samuel on June 05, 2014, 07:59:56 AM
I would - for a spa

Go to chandigarh for spa and salon :D
They stopped accepting bitcoins No?

Yep, they stopped.


Title: Re: Who's spending their coins?
Post by: skang on June 05, 2014, 08:23:13 AM
So basically no one wants to spend here. That explains lack of business perhaps?


Title: Re: Who's spending their coins?
Post by: deadley on June 05, 2014, 08:52:51 AM
So basically no one wants to spend here. That explains lack of business perhaps?

lol, Its India and India is famous for saving not spending.


Title: Re: Who's spending their coins?
Post by: pandit on June 05, 2014, 11:47:50 AM
currently not spending any :D  just have small portion to hold


Title: Re: Who's spending their coins?
Post by: spndr7 on June 05, 2014, 01:04:14 PM


Spent bitcoins (converted them to fiat at current rate) for magazine subscription


Title: Re: Who's spending their coins?
Post by: rohnearner on June 05, 2014, 05:46:40 PM
I would - for a spa

Go to chandigarh for spa and salon :D
I'm from Chandigarh and was lil excited when i first heard about CastleBloom accepting bitcoin, early this year, but later with RBI's involvement they stopped it I'll love to see them getting back to bitcoins later this year.


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 05, 2014, 07:11:42 PM
Just wondered if there was a new one !


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 05, 2014, 07:12:44 PM
According to me, a boutique accepting bitcoin would rock ! Think about it :)


Title: Re: Who's spending their coins?
Post by: buysellbitcoin on June 06, 2014, 06:56:52 AM

Did they got even a single payment in Bitcoin :P

Regards


Title: Re: Who's spending their coins?
Post by: buysellbitcoin on June 06, 2014, 06:57:51 AM
We have spent some coins for advertising etc.

Regards


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 06, 2014, 07:09:59 AM
We have spent some coins for advertising etc.

Regards
Yeah yeah, i remember you paid me for GBC sponsorship in bitcoins.


Title: Re: Who's spending their coins?
Post by: buysellbitcoin on June 06, 2014, 07:12:14 AM
You know dashingriddler, how tough for traders like us to get some Bitcoins out of our rolling for spending...We are always either short of FIAT or Bitcoins :P

Regards


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 06, 2014, 07:17:38 AM
You know dashingriddler, how tough for traders like us to get some Bitcoins out of our rolling for spending...We are always either short of FIAT or Bitcoins :P

Regards
As if i do not know now ! For me most of the times it is short of FIAT though.


Title: Re: Who's spending their coins?
Post by: skang on June 06, 2014, 02:42:39 PM
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.

Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are  spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.

I hope you disagree and disapprove me guys but look at the comments!


Title: Re: Who's spending their coins?
Post by: Benson Samuel on June 06, 2014, 05:24:03 PM
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.

Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are  spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.

I hope you disagree and disapprove me guys but look at the comments!

If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.


Title: Re: Who's spending their coins?
Post by: dashingriddler on June 06, 2014, 07:50:15 PM
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.

Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are  spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.

I hope you disagree and disapprove me guys but look at the comments!

If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.
+1


Title: Re: Who's spending their coins?
Post by: skang on June 07, 2014, 11:03:46 AM
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.

Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are  spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.

I hope you disagree and disapprove me guys but look at the comments!

If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.

Ok then. I have an idea to take this survey to the field. Will disclose the findings soon.


Title: Re: Who's spending their coins?
Post by: highkart on June 07, 2014, 01:48:18 PM
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.

Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are  spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.

I hope you disagree and disapprove me guys but look at the comments!

If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.

Ok then. I have an idea to take this survey to the field. Will disclose the findings soon.

Just FYI

We are working on a service where about 100+ merchants across India will start accepting bitcoins and other cryptocurrencies

However the problem is not accepting it. The problem is nobody want to spend it.

Will look forward for a change in consumer behavior.

Regards,
Amit Kumar


Title: Re: Who's spending their coins?
Post by: pandher on June 08, 2014, 07:17:50 AM
I have spent 1 bitcoin till date, bought a pair of headphones  ;D


Title: Re: Who's spending their coins?
Post by: Fernandez on June 10, 2014, 07:40:55 AM
Which service if available in India would you avail for cryptocoins?
Do Indians want to spend their coins?


Nopes ...I prefer to HODL  ;)

I am HODLing too. Don't have much anyway to worth spending them now.