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Author Topic: du you spend coins on real life.  (Read 132063 times)
pureclckr
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September 13, 2016, 02:09:23 PM
 #2181

No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.

Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need.
Think alot of people have the same mindset and that's why prices often are stable cause we are all just holding for the right time but the right time won't come like that if we all hold our wallets tight. But i am to blame too cause I'm holding for a while now haha.
Holding bitcoin is the current trend, so you are not just one doing so. But how long we are going to hold will be depends on what is your level of expectation for bitcoin prices. Some people will be satisfied with prices like $1000 and some may be aiming for million dollars.
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MB boss
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September 13, 2016, 02:12:59 PM
 #2182

In my country there is no any shop where bitcoin is accepted but there are some friends of me who accept bitcoin when I need some money for shopping so I give them bitcoin and they give me money for that shopping.
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September 13, 2016, 02:17:45 PM
 #2183

No, I don't spend my BTC because to me I see it as an asset/investment that will increase in value overtime, have seen a positive correlation between the price of BTC and time
I don't think the relation between bitcoin price and time are correlated. If you look at longer term graph price was at ATH pick price around 2013 and dumped hard to 200$ range on 2015 and now it is slowly finding its way to over $600. This shows relation quite parabolic than correlated.  Cheesy

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September 13, 2016, 02:18:30 PM
 #2184

In my country there is no any shop where bitcoin is accepted but there are some friends of me who accept bitcoin when I need some money for shopping so I give them bitcoin and they give me money for that shopping.
If you get bitcoin debit card, then there is no need to rely on any exchanger for the need of spending bitcoin in your country. You will be able to shop whenever you prefer just loading your bitcoin debit card with bitcoins.
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September 13, 2016, 03:17:05 PM
 #2185


Yup.

many times.

I have spend bitcoin many times for mostly on digital services. Bitcoin is really awesome as all transaction are transparent and instant . I like this feature very much because we dont have to wait for long time for getting/ receiving payments.
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September 13, 2016, 04:05:59 PM
 #2186


Yup.

many times.

I have spend bitcoin many times for mostly on digital services. Bitcoin is really awesome as all transaction are transparent and instant . I like this feature very much because we dont have to wait for long time for getting/ receiving payments.

Exactly bitcoin is the best method to send and receive money across the globe as it involves very less fees and the credits are instant which makes it unique from other payment methods.
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September 13, 2016, 04:10:21 PM
 #2187

Lately, I have only used for investments. I rarely use Bitcoin for daily expenses or online shopping, since the number of options is limited. Bitcoin has been very useful for other purposes, anyway.
yeah very limited if you want to shop with bitcoin. because only a few stores who accept bitcoin. it makes users were bored to do with bitcoin spending and it makes less and less for spending bitcoin transactions. I rarely go shopping with bitcoin. yeah it seems quite reasonable
For now we can not use it locally but i heard that brazil has 150 stores locally are accepting bitcoin as payment..
So i think it will happen too in the future that we can use it for shopping because here in my country we can exchange my bitcoin into giftcard that we can use for shopping in SM mall.



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Rainbot
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serjent05
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September 13, 2016, 04:20:32 PM
 #2188

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
but you need to spend bitcoin to make its value to generate the more we use it the more the demand it will and the more demand the more price to grow, the value will determine with its popularity.

I agree. bitcoin need to be spend to generate and improve it's value.  the more people know of bitcoin, the more demand it creates.  The more demand pressure, buy wall will be strentthen until price of BTC go up.  Simply by spending we let others notice bitcoin.  Because promotion, is all about getting and spending bitcoin for the establishment of strong bitcoin economy.

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September 13, 2016, 05:20:27 PM
 #2189

Of course I am spending it, bitcoin is a currency and it is meant to be spent, as if you are earning it then what's wrong in spending them as you are aware that you can earn it again in future, so no big deal.
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September 13, 2016, 05:28:13 PM
 #2190

As of now there is not store that i can use bitcoin in real life but we can exchange it as giftcard to use shopping in malls..
I hope that we will be the same as brazil that has 150 stores accept bitcoin as payment.

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September 13, 2016, 05:51:18 PM
 #2191

As of now there is not store that i can use bitcoin in real life but we can exchange it as giftcard to use shopping in malls..
I hope that we will be the same as brazil that has 150 stores accept bitcoin as payment.

there are online stores that offers useful stuff in exchange of bitcoin, but if you  are talking about local merchant, yes there is none in my place, i need  to convert it to fiat in order for me to buy things.  I hope time will come that i can be able to spend my BTC in the store in my neighborhood
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September 13, 2016, 06:48:52 PM
 #2192

As of now there is not store that i can use bitcoin in real life but we can exchange it as giftcard to use shopping in malls..
I hope that we will be the same as brazil that has 150 stores accept bitcoin as payment.
There are only some rare countries where bitcoin is being used in the real world and in offline stores and in my country it is no way near possible till now.But still i use it in real life thigs by spending them online,like doing mobile recharges or some shopping online.
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September 13, 2016, 08:05:38 PM
 #2193

As of now there is not store that i can use bitcoin in real life but we can exchange it as giftcard to use shopping in malls..
I hope that we will be the same as brazil that has 150 stores accept bitcoin as payment.
There are only some rare countries where bitcoin is being used in the real world and in offline stores and in my country it is no way near possible till now.But still i use it in real life thigs by spending them online,like doing mobile recharges or some shopping online.

The only country i know of which really invested into bitcoin is Brazil, they got a lot of stores which accept bitcoin. The rest of the countries are either waiting silently for the US or China to accept it, or supporting the bank lobby.
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September 13, 2016, 10:37:50 PM
 #2194

I don't have an opportunity to spend my coins on real life, it's not popular here, in my country, so just rare online shopping and i hate it.

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September 13, 2016, 11:52:29 PM
 #2195

there are few cafes shops in the uk thats accepts coin and i somehow spend some  have you your experience ? and how did you feel? when i was  sending coin  peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
you are really lucky that you borned in UK like countries . here in my countries , i think government don't knows about btc in better way so here is no platforms to use bitcoins as a payment in practically . still i am using bitcoin to purchase gift card and other online goods which gives me a feeling of proud .
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September 14, 2016, 12:10:13 AM
 #2196

I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed). I've spend BTCitcoin once only here in the country I'm residing and it was for a shoe (the only shop that accepts it openly here), and it took more than I expected (just a bad day). Had to wait until it got 3 confirmations before I was allowed to leave the shop (and it took longer than I expected before the confirmations came in).

Ive been making money with Ant Miner 7 to fund my website https://www.wanttosellnow.com but have not figured out how to convert into real currency yet.
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September 14, 2016, 12:11:29 AM
 #2197

I haven't spent bitcoin in real life as there are no stores that accept it here. I don't expect any to start accepting it anytime soon. The cost to these stores aren't ready to put anymore expenses on their stores and cut into their profits.
Once everybody else is using it like major chains then the stores will see it is profitable more than just a burden on their businesses.
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September 14, 2016, 12:26:10 AM
 #2198

It's something I did on rare occasions, but I realized that it is quite simple to use and can make things easier for sellers and for customers.

So simple that it didnt need some signature and all like credit cards when purchasing a product. I would still rather use this now. Although price changes and sometimes I get shocked with how many bitcoins I must pay still the happiness of doing it wins.
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September 14, 2016, 03:10:49 AM
 #2199

I haven't spent bitcoin in real life as there are no stores that accept it here. I don't expect any to start accepting it anytime soon. The cost to these stores aren't ready to put anymore expenses on their stores and cut into their profits.
Once everybody else is using it like major chains then the stores will see it is profitable more than just a burden on their businesses.

at my country i found some realmerchand accept bitcoin as payment processor, but the place is very far from my village. I had to spend traveling for five hours to reach the merchand.
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September 14, 2016, 09:25:51 AM
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I haven't spent bitcoin in real life as there are no stores that accept it here. I don't expect any to start accepting it anytime soon. The cost to these stores aren't ready to put anymore expenses on their stores and cut into their profits.
Once everybody else is using it like major chains then the stores will see it is profitable more than just a burden on their businesses.

at my country i found some realmerchand accept bitcoin as payment processor, but the place is very far from my village. I had to spend traveling for five hours to reach the merchand.

That is time consuming mate, and it will waste your time and money for transportation for sure and it won't be profitable too, its not worth to travel that long to buy a single product.
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