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Question: Would/Do you spend your current bitcoins in stores (or online)?
Yes - 215 (54%)
No - 183 (46%)
Total Voters: 398

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Author Topic: Do you actively spend your bitcoins?  (Read 256540 times)
warwar
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September 07, 2016, 10:27:51 AM
 #3241


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.
For now i am holding my bitcoin because i want to earn more before i spend it all i want to earn more and hold my bitcoin i wan to buy a new laptop for my daily activities soon and for my school activities too because next sem we are required to have laptop on our school i don't know why i hate programming but i am going to buy a laptop
Even till few months back I have been interested in saving bitcoins, now I do spend small amounts on a daily basis but I’m still like you, I really just save it and hope it grows in value in very near future to make us rich.
I was quite impressed with someone who could use bitcoin as their currency. they use bitcoin as a payment method. and he could use bitcoin to buy their daily necessities? it was very impressive. my question is where you can use bitcoin for spending on each day


Well, that could be possible if that person is living in big countries and I am sure there are more supporters in that country. But for us living in a less developed world only few have an idea about bitcoin so we cannot enjoy using it, but what matters really is we are making money in bitcoin and it is easy to cash out that into fiat.

we are in the same place we are in the 3rd world country that the bitcoin is not famous and only few know it but we could say that there are no stores that accepts bitcoins in our country not like in the big country they have ATM machines and lot of stores accept bitcoin here in our country we just exchange it into our fiat then withdraw then buy something Cheesy


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September 07, 2016, 10:37:33 AM
 #3242

I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.

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September 07, 2016, 10:51:30 AM
 #3243

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
yeah I think everybody wants to do their spending something in need of it. but you know this time bitcoin has not been so accepted. only a few merchants who accept and perhaps receive it only domain sites and the like. of course we could not buy a domain in every day right ?


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September 07, 2016, 11:25:58 AM
 #3244

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
yeah I think everybody wants to do their spending something in need of it. but you know this time bitcoin has not been so accepted. only a few merchants who accept and perhaps receive it only domain sites and the like. of course we could not buy a domain in every day right ?
People are willing to spend their coins but the fact is they don't find any place to do so, as bitcoin has not reached to physical places yet but may be in future things will change.
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September 07, 2016, 11:26:38 AM
 #3245

if you living in europe, im sure you will find more place accepting bitcoin as payment processor, or you can use ebay to transaction.
im use xapo debit card to buying anything at ebay, of course i will searching "free shipping" and lowest price too.
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September 07, 2016, 11:28:11 AM
 #3246

if you living in europe, im sure you will find more place accepting bitcoin as payment processor, or you can use ebay to transaction.
im use xapo debit card to buying anything at ebay, of course i will searching "free shipping" and lowest price too.
Yes users in Europe are pretty lucky that thet are able to use bitcoins in real life offline as well quiet regularily but thats not possible in my country yet.
So i only able to spend my bitcoins online doing stuffs like gambling and mobile recharges but not more.
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September 07, 2016, 11:44:15 AM
 #3247

if you living in europe, im sure you will find more place accepting bitcoin as payment processor, or you can use ebay to transaction.
im use xapo debit card to buying anything at ebay, of course i will searching "free shipping" and lowest price too.
Yes users in Europe are pretty lucky that thet are able to use bitcoins in real life offline as well quiet regularily but thats not possible in my country yet.
So i only able to spend my bitcoins online doing stuffs like gambling and mobile recharges but not more.

Yes the usage of bitcoin is limited for us and its only limited to online stuffs and I don't think we can do much with bitcoin when it comes to buying anything, so it has become an investment for me.
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September 07, 2016, 12:07:45 PM
 #3248

I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.

One more problem that needs to be resolved. The shipping fees. We ought to buy at a online store from a different country so there will be a larger fee. But what if their bases are in our own countries? That will be lesser payment because they wont need an international shipping fee.





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September 07, 2016, 12:23:30 PM
 #3249

I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.

One more problem that needs to be resolved. The shipping fees. We ought to buy at a online store from a different country so there will be a larger fee. But what if their bases are in our own countries? That will be lesser payment because they wont need an international shipping fee.

Exactly, shipping fees is a major issue in online shopping as if you are based in different country then you won't be able to afford it and it won't be profitable for you to buy things online.
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September 07, 2016, 01:15:53 PM
 #3250

I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.

One more problem that needs to be resolved. The shipping fees. We ought to buy at a online store from a different country so there will be a larger fee. But what if their bases are in our own countries? That will be lesser payment because they wont need an international shipping fee.

I agree and the same thing will happened even if we can purchase the product thru bitcoin as no merchants will do an exact conversion of btc to usd to cover the risk of accepting bitcoin as payment method.

In some countries, there are local exchanger that giving such services so that people can able to buy at international store with really low shipping fees. Not that much but more cheaper than doing a direct buy to those merchants outside the country.


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September 07, 2016, 08:51:59 PM
 #3251

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
yeah I think everybody wants to do their spending something in need of it. but you know this time bitcoin has not been so accepted. only a few merchants who accept and perhaps receive it only domain sites and the like. of course we could not buy a domain in every day right ?
People are willing to spend their coins but the fact is they don't find any place to do so, as bitcoin has not reached to physical places yet but may be in future things will change.
you are right, most of the people would like to spend their bitcoins though there are no shops that would accept bitcoins and its a problem

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September 07, 2016, 09:07:43 PM
 #3252

I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.

One more problem that needs to be resolved. The shipping fees. We ought to buy at a online store from a different country so there will be a larger fee. But what if their bases are in our own countries? That will be lesser payment because they wont need an international shipping fee.

Exactly, shipping fees is a major issue in online shopping as if you are based in different country then you won't be able to afford it and it won't be profitable for you to buy things online.

But there are a  number of stores which will not have any high shipping fees, you can use amazon or ebay with the help of purse.io and shopawl, we can see a number of products on those sites which have zero shipping fee.

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September 08, 2016, 04:43:05 AM
 #3253

Not at all times maybe when it times of needed. An urgent and emergency because bitcoin for is just like banks that refers to my personal savings and you need to spend it during emergency of your life. The only difference is you can also you use it directly for investment purposes.
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September 08, 2016, 05:21:47 AM
 #3254

Not at all times maybe when it times of needed. An urgent and emergency because bitcoin for is just like banks that refers to my personal savings and you need to spend it during emergency of your life. The only difference is you can also you use it directly for investment purposes.
And that is the advantage compared to other investment out there, bitcoin is both a currency and investment so we should use it. Also, as an investment we have to control ourselves in spending our bitcoin because we can always make a great profit in the future with our bitcoin when this succeeds.

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September 08, 2016, 07:08:35 AM
 #3255

I use it mostly in the cryptocurrency market and investing in other projects, but I rarely use it for daily expenses.
yeah I also use bitcoin just to get benefits like buying altcoin and used to make an investment or trade. I rarely use bitcoin to buy daily necessities.
besides that we are still very hard to find merchants who accept bitcoin


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newcoins1978
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September 08, 2016, 08:04:43 AM
 #3256

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.
dunfida
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September 08, 2016, 12:05:50 PM
 #3257

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.






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Corenin
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September 08, 2016, 12:11:22 PM
 #3258

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.
dunfida
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Activity: 770



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September 08, 2016, 12:50:16 PM
 #3259

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.






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JessicaSe
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September 08, 2016, 12:53:30 PM
 #3260

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.

Yup and if we are earning or investing in bitcoins only because we can spend someday, as only keeping them unused in wallet will make bitcoin as a weaker currency in future.
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