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Author Topic: du you spend coins on real life.  (Read 132065 times)
groll
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June 14, 2016, 01:08:02 AM
 #921

Yes I have spend bitcoins on real life. But only on buying load, paying bills electric, mobile phone bills and paying services to my friends whom I ask favor. But to use it in eating at restaurant buy at malls, coffee shop i havent tried it yet since in our place they are not yet accepting bitcoins.
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June 14, 2016, 06:22:43 AM
 #922

I have been spending coins either BTC or other crypto currency in real life since 2014.  I encashed them thru localbitcoins or coins.ph.  I used the encashed BTC to buy me gadgets, top up load, pay  bills, and some startup for a small direct selling business.  And well, how could it be beneficial to users if he wont spend it in his real life needs.

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BitcoinSupremo
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June 14, 2016, 06:34:45 AM
 #923

Well I think this does not count, but I exchange a few of my bitcoin in USD and withdraw to my credit card, then with this money I have bought a used PC with high specification. When I see something good for my lifestyle and something good in price value, I immediately exchange my  bitcoin to USD and buy it. However the majority of the time, I am saving the bitcoin, hoping in some really high price in a few years.
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June 14, 2016, 07:12:10 AM
 #924

Well I think this does not count, but I exchange a few of my bitcoin in USD and withdraw to my credit card, then with this money I have bought a used PC with high specification. When I see something good for my lifestyle and something good in price value, I immediately exchange my  bitcoin to USD and buy it. However the majority of the time, I am saving the bitcoin, hoping in some really high price in a few years.

Yeah, definitely counts. However, there is an easier way to do this via a bitcoin debit card offered by companies like e-coin, or advcash. Perhaps bit-x as well if you have experience.

I spend bitcoins in real life with those debit cards. They are simple to use.
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June 14, 2016, 07:14:43 AM
 #925

Well I think this does not count, but I exchange a few of my bitcoin in USD and withdraw to my credit card, then with this money I have bought a used PC with high specification. When I see something good for my lifestyle and something good in price value, I immediately exchange my  bitcoin to USD and buy it. However the majority of the time, I am saving the bitcoin, hoping in some really high price in a few years.

For me, this is what I'm doing also I'm actively this way of using bitcoin. But let's say this is also counts as an active spender of bitcoin.
Since we are using it to be able to buy our needs, but we just need to exchange it first in fiat.
And then we can use it.

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GermanFoobla
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June 14, 2016, 07:16:47 AM
 #926

No I never did this because there are not many stores in my local area that even use the bitcoin as a payment method.
The most people in my area do not even know what the bitcoin itself is.

I also have the same problem there are no shops around here that accepts the bitcoin as a real pay method.
I really hate because it would be really easy and nice to pay with it, I also use E-coin and that is working out for me.

Many of us are facing the same problem that  we are holding bitcoins, but we don't find any shop that accepts bitcoin as a mode of payment, and I think it will take a long time to happen in my country.
no i never spent coins in real life because coins does not matter in real life because we have gold and we can buy everything with just goold so i dont need to use the bitcoin.
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June 14, 2016, 07:30:50 AM
 #927

here in my country some coffe shop start accepting bitcoin so everytime i earn bitcoin i turn it into real cash to buy some random stuff i use bitcoin to to shop online i really love bitcoin and in my country bitcoin is growing and worth to use i spent almost 0.3 monthly i really love to spend bitcoin in real life because you don't need bring cash on your pocket and you can buy all your basic needs , needs something that could somehow supply our daily need like foods etc. and many more
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June 14, 2016, 08:37:05 AM
 #928

Spending will be not the best thing that you can do and that is because you have to know that the price of Bitcoin is going to be more worth so that is really nice.
So actually holding is now the best thing that you can do and that is nice because you can earn more money with it.
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June 14, 2016, 08:43:59 AM
 #929

Yes. i spend btc for my daily life needs. its very easy to convert btc in our fiat.

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InsideBjorn
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June 14, 2016, 09:18:48 AM
 #930

I never spent bitcoins in real life and that is only be3casue in cant buy things in a store with bitcoin sin my country so i dont have anything about the bitcoin i only use the gold.
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June 14, 2016, 09:20:14 AM
 #931

Yes. i spend btc for my daily life needs. its very easy to convert btc in our fiat.
I don't think he means converting Bitcoin into fiat and then spending it. He means just using Bitcoin to buy things. That is a whole new question.
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June 14, 2016, 09:33:55 AM
 #932

Yes. i spend btc for my daily life needs. its very easy to convert btc in our fiat.
yeah it is really easy to convert your bitcoins into fiat but it does not mean that its a good idea to sell it

i am holding my bitcoins right now and i know that the price will grow thus i dont spend it at all

 
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June 15, 2016, 12:05:58 AM
 #933

I think that in my country it's impossible, bitcoin is not legal here and i can't use it in physical shops, but bitcoin is not so popular online too, many different shops still not accepted bitcoin.
yeah I know bitcoin still has shortcomings. many countries prohibit the use bitcoin I don't know the reason of their government. but it makes the user bitcoin be difficult to shop and spending. even in online bitcoin also still not so mainstream that still few stores that accept bitcoin. it seems we still have to be patient
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June 15, 2016, 12:06:45 AM
 #934

Sadly, there's NOTHING in my area I could spend BTC on. I would love to buy everything in BTC.
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June 15, 2016, 12:15:32 AM
 #935

48 pages of people saying how they save Bitcoin instead of using them. Why is the exchange rate going up if everyone just sits on them? That's not much of an economy.

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June 15, 2016, 12:50:19 AM
 #936

Sadly, there's NOTHING in my area I could spend BTC on. I would love to buy everything in BTC.

Having exactly the same issue, I can simply not spend anything in my real life because there are no stores available in my nearby area.
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June 15, 2016, 01:49:34 AM
 #937

Spending will be not the best thing that you can do and that is because you have to know that the price of Bitcoin is going to be more worth so that is really nice.
So actually holding is now the best thing that you can do and that is nice because you can earn more money with it.

I agree, i just hold all my bitcoins till halving occurs. Because if we convert it to fiat and spend it now we might miss chance the chance of higher value than the current value now. We should just convert it to fiat after halving if we are contented to its value, and if not just wait the price that you want.
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June 15, 2016, 02:13:20 AM
 #938

for now im not in that stage to spend coins in real life(bitcoin)
 im just in the middle of practicing on how to use it properly
so while im in that process im holding my btc for now then trade,..
thats it! Smiley
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June 15, 2016, 02:24:51 AM
 #939

for now im not in that stage to spend coins in real life(bitcoin)
 im just in the middle of practicing on how to use it properly
so while im in that process im holding my btc for now then trade,..
thats it! Smiley

oh were the same technique im also in the middle of practicing that why i don't need to spend money in real life to buy some bitcoin im using some trading sites to grow my bitcoin im also waiting to finish the halving to cash out some of my bitcoin so i can use it to pay some of my financial problems
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June 15, 2016, 02:29:40 AM
 #940

Yes. i spend btc for my daily life needs. its very easy to convert btc in our fiat.
I don't think he means converting Bitcoin into fiat and then spending it. He means just using Bitcoin to buy things. That is a whole new question.

Well, right now selling is not the right decision because of the ongoing price increase but in reality for the person who depends on bitcoin and doesn't have direct using availability its better to convert to fiat and use it.
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