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Author Topic: Best way to spend Bitcoin? Newbie's opinion.  (Read 18688 times)
kwaasteniet
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April 30, 2016, 09:13:12 AM
 #281

Best way to spend Bitcoin? That is only a question for the rich people among us. I think the best way to spend your bitcoins is to give it away to the poor. It helps them to survive and it gives you a good feeling. Smiley
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April 30, 2016, 12:51:03 PM
 #282

You need to invest it.  The more you invest the more you will make.  If you can leave it in BTC form, I would keep it and invest it.  There are a couple good exchanges out there like HIBIT, where you can trade back and forth to earn more.

Well that's true, if you don't want to spend it in real life, you could invest it...But in real life, I would still prefer to invest it or put up my own business, $4000 is big enough to start a small business like buy and sell..  Smiley

Trading need a good experience and working strategies to earn using it, otherwise it could be risky way.
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April 30, 2016, 05:00:09 PM
 #283

Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.
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May 02, 2016, 05:03:58 PM
 #284

Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.
You just not only need luck, but you also need to invest for it to have capital in able to gamble.
Much better to stay away from gambling and spend your bitcoin wisely, like buying your needs
rather than your wants.

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May 03, 2016, 11:21:50 PM
 #285

I still prefer to convert my bitcoin to my fiat and reserved for the useful things. Because I'm worried for the shipping fee when I spend it online store unless if its just only base in our country since I have experienced on purchasing online.

Buy and sell business is a good idea, I'm dreaming it of too.

I also did the same thing as you, because in my country it is rare that accept bitcoin payments, but if possible I would spend my bitcoin for shopping, because the fee are small and easy to use.

but I'd rather grow than always spent my bitcoin.


I think spend on internet is better, direct payments to the site where you are buying, without extra fees and banks involved. Buying virtual stuff I mean. But convert BTC into your country money can be a good deal, so you can use it daily on your life. Because many stores don't accept crypto-currencies yet.

 
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May 03, 2016, 11:50:19 PM
 #286


I think spend on internet is better, direct payments to the site where you are buying, without extra fees and banks involved. Buying virtual stuff I mean. But convert BTC into your country money can be a good deal, so you can use it daily on your life. Because many stores don't accept crypto-currencies yet.

use bitcoin as paymrnt processor is good idea, more big market not accept bitcoin, but we can use coupon feature, buying coupon code use bitcoin then use the coupon code to buying anything what you want.
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May 04, 2016, 12:35:39 AM
 #287

You could convert it to fiat unless you are wanting to promote the coin by spending bitcoin directly.  If you want to spend as bitcoin, I suggest doing a search for companies online that accept it.

 
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May 05, 2016, 05:46:57 AM
 #288

You could convert it to fiat unless you are wanting to promote the coin by spending bitcoin directly.  If you want to spend as bitcoin, I suggest doing a search for companies online that accept it.

There is a separate thread in which you can know about all the websites that accept bitcoin for their services. Better is to convert to fiat and use as the possibility to get the product or service you look for is unlikely.

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May 05, 2016, 06:09:37 AM
 #289

Based on your luck you might get good earning if you engage into gambling or other forms of bitcoin earning.

I think this is not the best way to spend bitcoin by playing it to gamble. But if you got lots of bitcoin then it is still on your decision where you are going to spend it. And playing with it have a chance to eat all your bitcoins. But if you want to spend it that way.
Much better to spend it on something you know in investment.

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May 05, 2016, 07:06:43 AM
 #290

usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.

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May 05, 2016, 08:11:04 AM
 #291

usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.
That's good and you can use bitcoin for the payment of your monthy bills. We have almost the same things that wants to happen and buy with the use of bitcoin.

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May 05, 2016, 08:13:11 AM
 #292

usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.

Yeah majority of us are spending our coins on mobile recharge and sometimes I also spend it on  refilling my Skype account and that is really a fun to do using bitcoin.
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May 05, 2016, 08:22:26 AM
 #293

usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.

Yeah majority of us are spending our coins on mobile recharge and sometimes I also spend it on  refilling my Skype account and that is really a fun to do using bitcoin.

same here. mobile recharge is a necessity these days and its a good thing there are online services providing such. I even want to provide the mobile recharge services in our area.
I also spend it by exchanging my btc to paypal funds to buy some online goods.
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May 13, 2016, 07:24:43 AM
 #294

I still prefer to convert my bitcoin to my fiat and reserved for the useful things. Because I'm worried for the shipping fee when I spend it online store unless if its just only base in our country since I have experienced on purchasing online.

Buy and sell business is a good idea, I'm dreaming it of too.

I also did the same thing as you, because in my country it is rare that accept bitcoin payments, but if possible I would spend my bitcoin for shopping, because the fee are small and easy to use.

but I'd rather grow than always spent my bitcoin.


I think spend on internet is better, direct payments to the site where you are buying, without extra fees and banks involved. Buying virtual stuff I mean. But convert BTC into your country money can be a good deal, so you can use it daily on your life. Because many stores don't accept crypto-currencies yet.

I spend my bitcoin in online shopping. The process is as fast as conventional payment. You can pay with Core wallet.

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May 13, 2016, 01:04:28 PM
 #295

usually im use for topup number phone, pay monthly electric cost, buy T-shirt, jeans etc. more of merchand only small market, but if i need sometimes like book etc. im sell my bitcoin to local exchange then buy it what i needs.

Yeah majority of us are spending our coins on mobile recharge and sometimes I also spend it on  refilling my Skype account and that is really a fun to do using bitcoin.

same here. mobile recharge is a necessity these days and its a good thing there are online services providing such. I even want to provide the mobile recharge services in our area.
I also spend it by exchanging my btc to paypal funds to buy some online goods.

Yeah its good to spend btc on mobile recharge, but majority of coins I convert it to fiat and then spend, as there is not a single shop that accepts bitcoin in my area.
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May 14, 2016, 02:36:05 PM
 #296

better not be spending for something that is not useful, huh investment good to grow your money.
for now maybe you can use you safe way, such as hold and wait several months for the price increase

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May 15, 2016, 04:18:43 AM
 #297

Personally, I love to use Bitcoin to buy nearly anything I can. This is because the seller will have no access to any of my personal details.

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May 15, 2016, 07:26:51 AM
 #298

I like bitcoins fast one click transfer nature. i can buy nearly any goods using bitcoins. it made it so easy for me to buy anything online.
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May 15, 2016, 12:38:13 PM
 #299

I will not spend it anywhere, I will simply convert it to fiat and then spend, as if the price of bitcoin is good then I can expect best value in fiat too.
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May 15, 2016, 12:44:47 PM
 #300

I usually spent it on phone recharge and steam game

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