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Author Topic: du you spend coins on real life.  (Read 132067 times)
Casmania
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October 10, 2016, 02:30:19 PM
 #2601

I do spend them in real life by converting to real money as that is the only choice I have at a moment as even spending online is limited to mobile top up and buying digital goods.

Good thing still a lot of us thinks exchanging it to fiat is still spending. Yes it is. They keep on saying it is not a way of spending but they dont know it adds up to the circulation. The bank or the exchange itself will have to use it also to use for another buyer. That is movement and it creates good look for bitcoin.

Yes and if we have bitcoins then there is no point in keeping them unused by simply holding them in wallet even if you are converting to fiat its helping in the circulation of coins.

That is true. You can hold 90% of the coins and use 10% of the coins in the purchasing to help the circulation.
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October 10, 2016, 04:59:40 PM
 #2602

I do spend them in real life by converting to real money as that is the only choice I have at a moment as even spending online is limited to mobile top up and buying digital goods.

Good thing still a lot of us thinks exchanging it to fiat is still spending. Yes it is. They keep on saying it is not a way of spending but they dont know it adds up to the circulation. The bank or the exchange itself will have to use it also to use for another buyer. That is movement and it creates good look for bitcoin.

Yes and if we have bitcoins then there is no point in keeping them unused by simply holding them in wallet even if you are converting to fiat its helping in the circulation of coins.

That is true. You can hold 90% of the coins and use 10% of the coins in the purchasing to help the circulation.

I agree with this type of method because there are others saying that if you are going to hold bitcoins then you are not helping the circulation. So 10% is going to be a good percentage that you are going to use for spending in real life and you are contributing for the cycle of bitcoins in the ecosystem so that others won't blame you if the price is not increasing.

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October 11, 2016, 04:51:44 AM
 #2603

I do not try to spend bitcoin directly but i always to exchange my bitcoin into fiat before to spend since there is no stores accepting bitcoin yet but i am hoping that very soon they will start adopting bitcoin in their form of payment
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October 11, 2016, 04:57:31 AM
 #2604

I do not try to spend bitcoin directly but i always to exchange my bitcoin into fiat before to spend since there is no stores accepting bitcoin yet but i am hoping that very soon they will start adopting bitcoin in their form of payment
It is same with me, i think almost around the countries there are not many stores who accept bitcoins as payment method, except  on Europe and America. Bitcoins is not popular and there are not many people who understand about bitcoins.
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October 11, 2016, 04:59:05 AM
 #2605

I do not try to spend bitcoin directly but i always to exchange my bitcoin into fiat before to spend since there is no stores accepting bitcoin yet but i am hoping that very soon they will start adopting bitcoin in their form of payment

Look very careful, search for websites accepting Bitcoin in your country. I thought I have nothing linked to Bitcoin in mine, to find out three years later that there are over ten online stores, services and hundreds of ATMs right where I live.
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October 11, 2016, 07:15:26 AM
 #2606

I do not try to spend bitcoin directly but i always to exchange my bitcoin into fiat before to spend since there is no stores accepting bitcoin yet but i am hoping that very soon they will start adopting bitcoin in their form of payment

Look very careful, search for websites accepting Bitcoin in your country. I thought I have nothing linked to Bitcoin in mine, to find out three years later that there are over ten online stores, services and hundreds of ATMs right where I live.
In our country there are establishment that accepts bitcoin as payment however my wants and needs were not on that establishment, I mean there are only few of them who accept bitcoin so I prefer to cash out and buy what I need in the store when I used to shop.

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October 11, 2016, 07:28:07 AM
 #2607

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.
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October 11, 2016, 07:41:09 AM
 #2608

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
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October 11, 2016, 08:47:15 AM
 #2609

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
If you have extra funds to hold for the future the better but I will tell you that not everyone can have that privilege as we are not all earning big income, we have to prioritize our needs first and if we can discipline ourselves not to spend so much on our wants we will surely have a good investment of bitcoin for the future.

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October 11, 2016, 08:49:12 AM
 #2610

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
If you have extra funds to hold for the future the better but I will tell you that not everyone can have that privilege as we are not all earning big income, we have to prioritize our needs first and if we can discipline ourselves not to spend so much on our wants we will surely have a good investment of bitcoin for the future.

Long term investors who  have invested huge capital in bitcoin will never prefer to spend them, but average users like us who are earning smaller amount will surely sell their coins when they are in need of money without focusing on price.

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October 11, 2016, 09:08:22 AM
 #2611

Yes I do, but since there are is only limited stores that accepts bitcoin as payment, I am still resorting to use my fiat in my transactions, but when I top up my mobile load and if I order something in the internet, I always ask if they are accepting bitcoin..
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October 11, 2016, 09:58:45 AM
 #2612

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
I do spend Bitcoin in real life because some things I can get cheaper by buying them with Bitcoin instead of money. Only if that is possible then I am willing to spend my bitcoin.
Otherwise I do not make use of them. 
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October 11, 2016, 10:13:53 AM
 #2613

Sometimes I do spend them in real life but only so often because spending them always is not smart and you will run out of Bitcoin like that.
The Bitcoin now is not cheap so buying more is going to cost you money.
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October 11, 2016, 10:21:08 AM
 #2614

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
If you have extra funds to hold for the future the better but I will tell you that not everyone can have that privilege as we are not all earning big income, we have to prioritize our needs first and if we can discipline ourselves not to spend so much on our wants we will surely have a good investment of bitcoin for the future.

Long term investors who  have invested huge capital in bitcoin will never prefer to spend them, but average users like us who are earning smaller amount will surely sell their coins when they are in need of money without focusing on price.

Correct, huge investor would not intend  to  sell their coins  on the current price anytime soon  but  to those  average  user like us would surely spend  them  but not all because there are still  user  do  keep saving bitcoin  for future purposes. In my case i do  spend my  bitcoin seldom when i do need  money.

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October 11, 2016, 10:34:34 AM
 #2615

Sometimes I do spend them in real life but only so often because spending them always is not smart and you will run out of Bitcoin like that.
The Bitcoin now is not cheap so buying more is going to cost you money.
through buying bitcoin is not a form of spent bitcoin . well i will suggest you it is not a perfect time o buy btc . because the price jump with $32 per btc .

secondly i uses my bitcoin for Online buy sell things. because no direct options are available for me to buy product in my country at any shop .
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October 11, 2016, 11:10:58 AM
 #2616

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
If you have extra funds to hold for the future the better but I will tell you that not everyone can have that privilege as we are not all earning big income, we have to prioritize our needs first and if we can discipline ourselves not to spend so much on our wants we will surely have a good investment of bitcoin for the future.

Holding bitcoin is really good if you dont take risk that much! Because holding bitcoin is you are not doing anything just wait until the right time that the bitcoin will rise! High price then profit but for me it is not really advisable do trading learn trading so that you can earn more.

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October 11, 2016, 11:13:51 AM
 #2617

Yes I spend bitcoins in real life but that is restricted to only online payments, as in my town no shop owner accepts bitcoins.
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October 11, 2016, 11:14:50 AM
 #2618

yes , i buy vps and games by bitcoin
I do not use Bitcoin in real life that much because I do not think that it is the best idea to be spending your Bitcoin when you want to make money with it.
It is then better to use your real money and save your Bitcoin.

Yeah and I think that price will be much higher in future that can give us good profits so its better to save them and spend fiat at a moment for buying anything.
If you have extra funds to hold for the future the better but I will tell you that not everyone can have that privilege as we are not all earning big income, we have to prioritize our needs first and if we can discipline ourselves not to spend so much on our wants we will surely have a good investment of bitcoin for the future.

Long term investors who  have invested huge capital in bitcoin will never prefer to spend them, but average users like us who are earning smaller amount will surely sell their coins when they are in need of money without focusing on price.

Correct, huge investor would not intend  to  sell their coins  on the current price anytime soon  but  to those  average  user like us would surely spend  them  but not all because there are still  user  do  keep saving bitcoin  for future purposes. In my case i do  spend my  bitcoin seldom when i do need  money.

Yes that's right my income in bitcoin is mainly from signature campaign and I have quit my job and looking for another one and till I don't get it, I don't have any other option left but to spend my bitcoins for my needs.
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October 11, 2016, 11:16:06 AM
 #2619

Yes I spend bitcoins in real life but that is restricted to only online payments, as in my town no shop owner accepts bitcoins.


It is not yet so popular that it would get accepted everywhere so yes, we spend them but after converting them in fiat, i personally never have seen even the name of bitcoin written except on internet.
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October 11, 2016, 11:20:41 AM
 #2620

Currently I do nothave much earning sources and I am in the starting stage so I am not able to spend it for my real life I want to collect all my earnings and after that I will try to spend then for my needs and I will also invest them to increase more my income.
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