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Question: Would/Do you spend your current bitcoins in stores (or online)?
Yes - 215 (54%)
No - 183 (46%)
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Author Topic: Do you actively spend your bitcoins?  (Read 256916 times)
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August 24, 2016, 09:51:07 AM
 #3041

Nope, i can't do this cause it's not accepted in my country and all i can do is online shopping but i don't like to buy stuff online so i am not using bitcoins actively.
i cannot do that too unfortunately though i hope that in the near future there will be way more bitcoin shops that will allow me to do that
Also yeah I'm not too Often in spend bitcoin on offline. yeah of course with the same problem. I hope bitcoin could be accepted again in the future and I hope in the near future start popping merchants who accept bitcoin. but I always try to Transact with bitcoin in online


Well, as a bitcoin supporters I would be happy if that will realize in the future. With continuous support of bitcoin it will be globally accepted by the people who sees the benefits in using it, and more and more businesses will be willing to accept bitcoins as they see some opportunity to increase their profit.

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August 24, 2016, 10:11:26 AM
 #3042

I actively spend my bitcoins since I see bitcoin as a currency and not as an investment. I spend bitcoins in a variety of websites accepting bitcoin such as Steam and Microsoft.
Bitcoin is a good currency since we can transact very fast in online and we can get the benefits of the low charges. I have been using this as a currency also in my gambling need as I cannot end a day without putting some money in gambling sites to have fun.

Well that is true but thanks for the information about that site of Microsoft are now accepting bitcoin. That is going to be convenient that I don't need to use paypal for paying some license to them. And there is going to be another way to spend my bitcoins actively but not that too rush. Still I am going to consider of when.

Really? Microsoft  already accepts bitcoin to purchase licenses then its a really good news  because  lately im using  paypal to purchase online but now because of bitcoin i could already purchase easily  on online but hopefully i could also purchase offline. All of us are hoping that we could spent our bitcoins in our countries especially to those who not yet being adopted.

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August 24, 2016, 10:14:52 AM
 #3043

Does anyone use it for daily activities or just digital goods

I'm actively use bitcoin for daily activites and not only for digital goods, like trading with bitcoin and i also use bitcoin for gambling and the most spend is on gambling.
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August 24, 2016, 10:36:53 AM
 #3044

Besides traders, I know few people who use btc daily.
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August 24, 2016, 10:42:30 AM
 #3045

i spend my bitcoin on online shopping and save some when there is an increase or rise in its value..then i sell...
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August 24, 2016, 11:01:42 AM
 #3046

Yes I am spending them online for buying things and sometimes I also spend the on gambling sites, and I am in need to urgent hard cash then I sell them and convert to fiat currency.
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August 24, 2016, 11:15:50 AM
 #3047

I actively spend my bitcoins since I see bitcoin as a currency and not as an investment. I spend bitcoins in a variety of websites accepting bitcoin such as Steam and Microsoft.
Bitcoin is a good currency since we can transact very fast in online and we can get the benefits of the low charges. I have been using this as a currency also in my gambling need as I cannot end a day without putting some money in gambling sites to have fun.

Well that is true but thanks for the information about that site of Microsoft are now accepting bitcoin. That is going to be convenient that I don't need to use paypal for paying some license to them. And there is going to be another way to spend my bitcoins actively but not that too rush. Still I am going to consider of when.

Really? Microsoft  already accepts bitcoin to purchase licenses then its a really good news  because  lately im using  paypal to purchase online but now because of bitcoin i could already purchase easily  on online but hopefully i could also purchase offline. All of us are hoping that we could spent our bitcoins in our countries especially to those who not yet being adopted.

Oh crap. I googled it and yes they are accepting. I think I am becoming late with the international news lately due to the local news. Well thanks for reminding this and I will be catching up for the news now.  Grin

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August 24, 2016, 11:45:32 AM
 #3048

Well, there’s just one problem there: Almost none of the businesses mentioned above technically accept bitcoin. Instead, they partner with a middleman—generally either Coinbase or BitPay—who takes a customer’s bitcoin, immediately converts it into cash, and then deposits the cash in the company’s bank account.

In other words, Dell, Expedia, Microsoft, and Time, Inc. don’t actually “accept” bitcoins, per se. They accept U.S. dollars. It’s their bitcoin processing partners who accept bitcoin. They, in turn, make money on transaction fees (in the case of Coinbase), or by selling their software and services as a subscription (in the case of BitPay).


Source - http://time.com/money/3658361/dell-microsoft-expedia-bitcoin/

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August 24, 2016, 01:12:28 PM
 #3049

Yes I am spending them online for buying things and sometimes I also spend the on gambling sites, and I am in need to urgent hard cash then I sell them and convert to fiat currency.
What choice do people or what they desire about the world financial system, and to whom they can entrust their money, very different. But even if all will vote against the banks, it does not mean that the Bank is passed. Banks were, are and will be.
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August 24, 2016, 01:21:34 PM
 #3050

Yes I am spending them online for buying things and sometimes I also spend the on gambling sites, and I am in need to urgent hard cash then I sell them and convert to fiat currency.
What choice do people or what they desire about the world financial system, and to whom they can entrust their money, very different. But even if all will vote against the banks, it does not mean that the Bank is passed. Banks were, are and will be.
regarding to this i still getting my bitcoin using my banks converting it to my currency but i also use bitcoin paying bills directly as our exchanges permits us because of the feature of their service.

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August 24, 2016, 01:44:31 PM
 #3051

Yes I am spending them online for buying things and sometimes I also spend the on gambling sites, and I am in need to urgent hard cash then I sell them and convert to fiat currency.
What choice do people or what they desire about the world financial system, and to whom they can entrust their money, very different. But even if all will vote against the banks, it does not mean that the Bank is passed. Banks were, are and will be.
regarding to this i still getting my bitcoin using my banks converting it to my currency but i also use bitcoin paying bills directly as our exchanges permits us because of the feature of their service.
At least you are playing safe, spending what you earn online are the common trend of the workers here, but for me I do not only spend my bitcoin to pay my bills or save that into my bank account. I make a point that while I am earning I am also doing some kind of investment for the future, it's good to see and wait for the future and witness how your money grow than just simply keeping it.

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August 24, 2016, 02:17:49 PM
 #3052

Yes, i am doing different purchases in steam very often, cause i like to do it, also when i am tring to buy something online i am also trying to find a place with accepted bitcoins.

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August 24, 2016, 10:40:33 PM
 #3053

Besides traders, I know few people who use btc daily.
yeah, traders are the main users of bitcoins at the moment, though from time to time i also buy some stuff for bitcoins online

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August 24, 2016, 11:14:38 PM
 #3054

Besides traders, I know few people who use btc daily.
yeah, traders are the main users of bitcoins at the moment, though from time to time i also buy some stuff for bitcoins online
I do believe there are few people using bitcoin, and they have a good ammount of bitcoins, im spending my coins funding my projects, and i pay yearly almost all my deals will be made that way. I dont like to have to pay montly.
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August 25, 2016, 02:27:31 AM
 #3055

Besides traders, I know few people who use btc daily.
yeah, traders are the main users of bitcoins at the moment, though from time to time i also buy some stuff for bitcoins online
I do believe there are few people using bitcoin, and they have a good ammount of bitcoins, im spending my coins funding my projects, and i pay yearly almost all my deals will be made that way. I dont like to have to pay montly.
We only have few users of bitcoin if we compare to the total population of the world, some of them are holding a big amount of bitcoins so when this will succeed in the future the price will boom and they will be super rich then.


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mirakal
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August 25, 2016, 06:28:45 AM
 #3056

Besides traders, I know few people who use btc daily.
yeah, traders are the main users of bitcoins at the moment, though from time to time i also buy some stuff for bitcoins online
I do believe there are few people using bitcoin, and they have a good ammount of bitcoins, im spending my coins funding my projects, and i pay yearly almost all my deals will be made that way. I dont like to have to pay montly.
We only have few users of bitcoin if we compare to the total population of the world, some of them are holding a big amount of bitcoins so when this will succeed in the future the price will boom and they will be super rich then.
I do believe that, we are only few compared to the total population of the world but we could make a big difference and we can help people to enjoy their life more better. With the benefits of just using bitcoin life is easy as you can transact very fast alongside with the affordable charges which I think the cheapest among all competitors with the similar services.

Mastsetad
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August 25, 2016, 07:40:24 AM
 #3057

Never used my bitcoins for buying anything in a store online because i never needed something big to be bought and the small products was not as expensive as much fees i had to pay for shipping, so skipped it always.


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chaser15
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August 25, 2016, 08:06:18 AM
 #3058


At least you are playing safe, spending what you earn online are the common trend of the workers here, but for me I do not only spend my bitcoin to pay my bills or save that into my bank account. I make a point that while I am earning I am also doing some kind of investment for the future, it's good to see and wait for the future and witness how your money grow than just simply keeping it.

We all know that is must a thing to do. Regular spendings but on other hand keeping some for saving or using some in investment.

Money circulation must be properly rotates. It includes investment, savings and spendings.

So if we are actively spending our bitcoin for any purposes, we must try to back the amount we use for that said spendings.

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VERSACE
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& .38,000 STORES. are
accepting MOZO TOKENS

Mikestang
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August 25, 2016, 04:51:37 PM
 #3059

I have a little more than 1 coin saved away, it's my "lotto coin" for in case the value of btc skyrockets some day.  For coins that I spend I typically buy them and then spend them, due to the volatility of coin value it doesn't always make sense to me to spend coin since you could be losing money by spending the coin, depending what it took you to get it.  This is an inherent problem with btc as a living currency until it's price stabilizes.
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August 25, 2016, 06:07:51 PM
 #3060

Yes, i am doing different purchases in steam very often, cause i like to do it, also when i am tring to buy something online i am also trying to find a place with accepted bitcoins.
Good to know that there are services like steam accepting bitcoin.

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