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Author Topic: du you spend coins on real life.  (Read 132068 times)
techfm86
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September 03, 2016, 01:42:08 PM
 #2001

In most of the cases I have to convert btc to fiat, to use it on daily expenses. But at the time I'm not spending it, I am holding most part of the stake in btc. It seems to be a good time to do so.
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September 03, 2016, 01:46:56 PM
 #2002

In most of the cases I have to convert btc to fiat, to use it on daily expenses. But at the time I'm not spending it, I am holding most part of the stake in btc. It seems to be a good time to do so.


Spend it only if are desperate need of money and sell only that you require and rest should be hold for the future as you can get more benefits in future when price will go higher.
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September 03, 2016, 05:15:38 PM
 #2003

In most of the cases I have to convert btc to fiat, to use it on daily expenses. But at the time I'm not spending it, I am holding most part of the stake in btc. It seems to be a good time to do so.


Spend it only if are desperate need of money and sell only that you require and rest should be hold for the future as you can get more benefits in future when price will go higher.

That is right. I only spend a small percentage of my coins. When the bitcoin price is lower, I will buy back the coins.
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September 03, 2016, 05:28:44 PM
 #2004

In most of the cases I have to convert btc to fiat, to use it on daily expenses. But at the time I'm not spending it, I am holding most part of the stake in btc. It seems to be a good time to do so.


Spend it only if are desperate need of money and sell only that you require and rest should be hold for the future as you can get more benefits in future when price will go higher.

That is right. I only spend a small percentage of my coins. When the bitcoin price is lower, I will buy back the coins.

Buying is good but you should also try to earn it, as if you combine both of them then you can have good amount of coins in your wallet which will give you good returns in future.

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September 03, 2016, 06:57:37 PM
 #2005

I personally spend BTC to buy things. That's a pretty easy process. In the checking process, for example, you just select the btc option and pay using your wallet.
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September 03, 2016, 08:00:42 PM
 #2006

No, i don't. I never spend my bitcoins on real life, because in my country, there is no online shops that accept bitcoin, so i can't spend my coins on real life but i usually spend my coins on online.

You have experience in spending your coins online, doesnt it mean you have experience in spending it?  And these item you are buying are use by you in real life?.  So i guess you have spend your coins in real life.  Unless you spend it to  buy item in a game. And use it virtually.  Anyway, most users are not aware that they are already using it and spending it in real life.
I think there are not even 1% shops offline as compared to the market bitcoins offers online. I personally do all my recharges and small needs like domains and others with bitcoins only, yet I would love to have a coffee paid with bitcoins and I will pay a good tip to the waiter that day !
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September 03, 2016, 08:24:03 PM
 #2007

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.
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September 04, 2016, 08:13:53 AM
 #2008

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

You can also buy gift cards and then spend the gift cards on many shops. It is the most convenient way now.
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September 04, 2016, 08:29:03 AM
 #2009

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

You can also buy gift cards and then spend the gift cards on many shops. It is the most convenient way now.
You are only referring to online shop in big countries but how about countries in asia, we love to buy online buy we are having big trouble on the shipping pay as the amount is sometimes bigger that what we purchase online.

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September 04, 2016, 08:36:44 AM
 #2010

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

You can also buy gift cards and then spend the gift cards on many shops. It is the most convenient way now.
You are only referring to online shop in big countries but how about countries in asia, we love to buy online buy we are having big trouble on the shipping pay as the amount is sometimes bigger that what we purchase online.

Yeah you are right! Im in asia too when i buy some stuff online and it will shipped to my country it cost a lot sometimes bigger than the actual price of the stuff. we dont have much a online shopping here so thats why we buy stuff on the famous and big online shops in the other country



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September 04, 2016, 08:41:55 AM
 #2011

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

You can also buy gift cards and then spend the gift cards on many shops. It is the most convenient way now.
You are only referring to online shop in big countries but how about countries in asia, we love to buy online buy we are having big trouble on the shipping pay as the amount is sometimes bigger that what we purchase online.

Yeah you are right! Im in asia too when i buy some stuff online and it will shipped to my country it cost a lot sometimes bigger than the actual price of the stuff. we dont have much a online shopping here so thats why we buy stuff on the famous and big online shops in the other country
You are  right, its not wise to bought  online  on far places because  you would pay too much for the shipment fee and true  the  cost would be more than the  item itself  which is unwise to do such thing. We  bought to online shops which  charge only a small amount on sipping or those  online shops on local based.

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September 04, 2016, 08:42:37 AM
 #2012

I think you will have to restructure your question. Never mind, spending bitcoin outside the internet or digital world is not yet possible in my country. I will have to convert it into fiat and then spend it. Never the less, it getting good traction here and I can't wait for some new store to open up. We're going to have an online store based on our country which accepts bitcoin. so yeah that sounds promising in popularizing bitcoin in my country.
I have spent bitcoin in real life indirectly, actually I bought some physical coins and got they shipped to me so I think this will be called as spending bitcoins in real life ? if even not then who cares because I can change btc to fiat and then use it, then why make a issue of this ? Smiley
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September 04, 2016, 09:33:05 AM
 #2013

I think you will have to restructure your question. Never mind, spending bitcoin outside the internet or digital world is not yet possible in my country. I will have to convert it into fiat and then spend it. Never the less, it getting good traction here and I can't wait for some new store to open up. We're going to have an online store based on our country which accepts bitcoin. so yeah that sounds promising in popularizing bitcoin in my country.
I have spent bitcoin in real life indirectly, actually I bought some physical coins and got they shipped to me so I think this will be called as spending bitcoins in real life ? if even not then who cares because I can change btc to fiat and then use it, then why make a issue of this ? Smiley

Yes spend it directly or spend it by selling to fiat, as there are not many places where we can use it directly, so its better to convert to fiat and buy anything that you want.
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September 04, 2016, 09:37:40 AM
 #2014

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

Though there are online shops that lets you shop with your bitcoins but the shipping fees are really high most of the times for some countries and that is a big reason why some people even me don't dare to buy anything from there because i will have to fee more money for fees than the price of that thing.
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September 04, 2016, 09:48:12 AM
 #2015

I don't spend much of it, at least not in the conventional daily expenses. Instead, I'm saving most part of it in a safe wallet, since there are not too many places to spend it where I live.

theer are some online shops from where you can buy good for your real life with bitcoin, like purse and shopawl at there you can also order things from amazon and ebay etc.

Though there are online shops that lets you shop with your bitcoins but the shipping fees are really high most of the times for some countries and that is a big reason why some people even me don't dare to buy anything from there because i will have to fee more money for fees than the price of that thing.

Exactly and if shipping costs are higher then it will not be a profitable purchase to make, and people will prefer to buy from local sites using credit card or by cash.
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September 04, 2016, 10:11:22 AM
 #2016

Using BTC in real life make's your life convenient without any problem, i am using bitcoin to pay my bills and other services.

Really? that wasn't what I experienced... I haven't found any place to use my bitcoin here in where I live.. It's a little inconvenient actually if in real life we are going to use bitcoin and just paying $1 dollar for example... Transaction fee is going to be a big deal for some...  Smiley

Yeah, in our country The Philippines. their is one website invested on BTC and allow a lot of merchants to do business.
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September 04, 2016, 10:26:57 AM
 #2017

Offcourse yes, here in our place there is two coffee hut that accept bitcoin because they know teenagers like me have bitcoin and we could easily spend our bitcoin in coffee shop
Wow that's nice that some coffe store are accepting bitcoin as a payment here in philippines our bitcoin wallet are patnered in some banks where we can easily sell our bitcoin and our wallet owner are working to patnered in some store so that we can use it to pay online or in some stores
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September 04, 2016, 10:31:24 AM
 #2018

Probably yes because I am a earner bitcoin. I earn bitcoin because I need money to be spend in my school finance problem and also for my financial problem in daily life. So bitcoin is my savings account because I dont have bank accounts.
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September 04, 2016, 10:47:56 AM
 #2019

Probably yes because I am a earner bitcoin. I earn bitcoin because I need money to be spend in my school finance problem and also for my financial problem in daily life. So bitcoin is my savings account because I dont have bank accounts.
you are right if we have not any bank account then we can save our bitcoin in bitcoin wallet i think there is all people are saving bitcoin in bitcoin wallet because its very safest and secure than bank account .
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September 04, 2016, 10:50:46 AM
 #2020

Probably yes because I am a earner bitcoin. I earn bitcoin because I need money to be spend in my school finance problem and also for my financial problem in daily life. So bitcoin is my savings account because I dont have bank accounts.
you are right if we have not any bank account then we can save our bitcoin in bitcoin wallet i think there is all people are saving bitcoin in bitcoin wallet because its very safest and secure than bank account .

You cannot say that its the safest the bank as your bitcoin wallet may got hack and once you loose your coins they are forever gone and you cannot recover it but if it happens with banks then they will help you in recovering your money.
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