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Author Topic: Spending Bitcoins  (Read 101027 times)
newwest
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March 22, 2018, 06:36:20 PM
 #1941

We must spend our bitcoin in important things rather in other that its not worth to buy .. , be wise is one we must alwyas remeber when it comes in spending bitcoins ..

It is very important to understand that btc is a very precious coin and if you use it foolishly then you may have to repent later when the btc prices do jump and regret that you have missed the money making opportunity with the huge rise in price.

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March 22, 2018, 07:14:38 PM
 #1942

You can spend bitcoins at many stores right now in some countries,but right now bitcoin is not acceptable in my country
Maybe in the near future we could expect that bitcoin would be accepted as a payment by all of the stores all over the world
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March 22, 2018, 07:18:29 PM
 #1943

Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
Neither in my country. Though you can trade it to something with someone you know or someone advertising or just convert it into cash/fiat. No much choices to make in using it. Though online maybe can be used to purchase online but not too many sites accept.
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March 22, 2018, 08:42:25 PM
 #1944

   People need simple interface like ATM's to use bitcoin, they want to use fully prepeared product. I dont think I can pay my bills by livingroomofsatoshi, I actually dont know where to spend my coins except the forum's market. I also still dont understand how to estimate bitcoin's fee and fear to be confused or confuse my partner by unconfirmed transaction

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March 22, 2018, 09:16:13 PM
 #1945

Spending Bitcoin very easy if you have them. I am usually buying new hardware and paying taxes for electricity from money from Bitcoin. At my opinion bitcoin becoming more useble.

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March 22, 2018, 09:36:29 PM
 #1946

Paypal service is banned in my country. I can use it through vpn but i dont need anymore. I can buy my e-liquids aromas and nicotine juices for bitcoin. Sellers who accept Bitcoin are increasing day by day
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March 23, 2018, 08:30:24 AM
 #1947

I can not use bitcoin as a payment tool in my country because the government prohibits the use of bitcoin as a payment transaction tool, we are only allowed to use bitcoin as four digital investments
There are many other countries as well where the government doesn’t allow the people to use the bitcoin as the payment method which creates a frustration in the people because if your money is not providing you the ease, then for what use it is. But on the other hand there are some benefits as well because you will not invest all of your money and keep some saving with you, and your invested money will stay in the market for longer duration with more profits.
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March 23, 2018, 08:32:52 AM
 #1948

To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

for me spending bitcoins like converting it into fiat is good that to take the risk to hold this joy the ride and if you get a good amount of money spend it for your joy dont be stress because if you still invest you money in bitcoin maybe your mind will be depressed i experience about depressed so if you win even small amount in trading spend it .
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March 23, 2018, 08:59:13 AM
 #1949

buying and selling are some basic but important actions in a market and if people started holding their coins then bitcoin price will generally start increasing and people became greedy by this theory but i call it follishness anyway no offence this is a perfect time to do something for our country we can be a bitcoin retailer it will not only help to others to spebd their ntc easily but also will be much profitable
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March 23, 2018, 09:10:01 AM
 #1950

To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

In my place, very rare are users of bitcoin since not all have easy access to internet. In selling and buying of goods, we just use fiat money. You cannot ride any public utilities unless you paid using your fiat money.
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March 29, 2018, 09:17:58 PM
 #1951

I think, we must try to popularize bitcoin as much as possible, because right now in my country is problematic spend bitcoins, even cash out without losing %. And we should start not from bitcoin's cc, first of all we should start from small business which provide services, that people use every day, and we should think how to make them accept bitcoins or another cryptocurrency, think about bonuses or something similar to stimulate them accept crypto.
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March 30, 2018, 04:41:35 AM
 #1952

In this scenario I did not spend bitcoin for just to grow and increase this value I just doing is to joined the campaign and get a tokken then trade in bitcoin I need patients for that so it's just what I do not spend
freedomgo
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March 30, 2018, 04:44:33 AM
 #1953

I think, we must try to popularize bitcoin as much as possible, because right now in my country is problematic spend bitcoins, even cash out without losing %. And we should start not from bitcoin's cc, first of all we should start from small business which provide services, that people use every day, and we should think how to make them accept bitcoins or another cryptocurrency, think about bonuses or something similar to stimulate them accept crypto.
Bitcoin is not so popular but it has beginning to raise the interest of more people.
This is the trend in the future and we are lucky to have discovered bitcoin at this early, big players are manipulating
the price so they can invest at a cheaper price but let us not be worried on that, this technology will live and grow.

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ngano ba
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March 30, 2018, 06:12:36 AM
 #1954

If you tried to gather many bitcoins in your wallet then you have properly invested and it gain more profits , then there will be time that you want to spend your bitcoins , we hope that there will be many business establishment will adopt the bitcoin ,so that we can spend our bitcoin in their business.
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March 31, 2018, 07:39:42 AM
 #1955

I can not use bitcoin to buy or pay anything in my country because the government prohibits the use of bitcoin as a transaction tool, I can only exchange bitcoin in indodex and withdraw money via bank
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March 31, 2018, 07:52:16 AM
 #1956

In my country Bitcoin not yet accepted by consumers but last week, I was able to buy a Mobile Phone using Bitcoin. Yes, you heard right. A local shop offering handset online, I called them and ask if they accept Bitcoin, they agreed with a 5% extra cost. I have tested it, it was a personal transaction since they don't have any official payment app. I did the transaction while I was at the shop.
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March 31, 2018, 08:13:31 AM
 #1957

The first is of course bitcoin its existence has not obtained permission in my country and in added statements, the government in my country which prohibits bitcoin for the means of payment and this is one reason i can not use bitcoin for everyday expenses eg pay bills.
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March 31, 2018, 08:39:05 AM
 #1958

The first is of course bitcoin its existence has not obtained permission in my country and in added statements, the government in my country which prohibits bitcoin for the means of payment and this is one reason i can not use bitcoin for everyday expenses eg pay bills.
Don't loss that hope, time is moving fast and we are going to the digital age.
Eventually your government will realize that they need to adopt so they will not be left behind, those countries which are adopting the new
technology improves their economy so they have to be open minded.

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wasaisi
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March 31, 2018, 08:46:34 AM
 #1959

Bitcoin is breaking walls, now we can buy anything anywhere all we need is the debit card of bitcoin, so we do pay the company does make the exchange to the merchant and our balance will be deducted in bitcoins so there just a short space till we can buy directly anything with our bitcoin, online there are plenty things you can purchase already.
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March 31, 2018, 10:28:13 AM
 #1960

To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

You also use bitcoin:
•   FIND A PLACE THAT ACCEPTS BITCOIN
As simple as this sounds, bitcoin is still not widely accepted by merchants, online or brick-and-mortar, in the world. You will have to seek out merchants who accept bitcoin and then hope they have what you’re looking for.

In addition to simply paying for a good or service, you could trying gambling or donating your bitcoin. Casinos have started permitting deposits using bitcoin, and the result has worked out relatively well so far, so this is expected to continue. Donations are possible for certain charities,

•  PAYING ONLINE
Merchants such as Microsoft, Overstock, Newegg, and Dell are probably the largest companies who work with bitcoin. The hope is Amazon will begin to accept it in the future, but for now this is a great start and opens up a lot of options for users looking to spend their bitcoin.

The biggest reason why these companies are willing to accept it is it is an appreciating good and there are lower fees than if a user buys something with a credit card. Credit card companies take a percentage cut which hurts the company in the long-run. In this sense, bitcoin is disrupting those companies as well.

In terms of large platforms, PayPal and Shopify both have an integrated bitcoin payment capability. This will have an even larger effect than the previously mentioned merchants accepting bitcoin because of the scalability of the use. It will allow a large percentage of merchants to accept the cryptocurrency with little to no work, and will therefore greatly increase the utility of bitcoin.


***Debit Cards and Prepaid Cards for Bitcoin
Here’s a quick list of debit cards you can use with cryptocurrency:

     - Shift Card (https://www.shiftpayments.com/card): This Visa card lets you connect to your Coinbase account to spend cryptocurrency online and offline.
      - CoinsBank (https://coinsbank.com/cards): This cryptocurrency exchange offers four different cards, each with different features and fees. The cards automatically convert Bitcoin into several different currencies, including US dollars and Great Britain pounds.
     - Xapo : This card connects your Xapo account to a card, which lets you pay in stores or online or get cash. It also comes with an app to help you keep track of your spending and current Bitcoin value.
     - Uquid (https://uquid.com/uquid-card): This card is for eligible users of a Uquid account. It works with GBP, EUR, and USD.
     - Cryptopay.me (https://cryptopay.me/bitcoin-debit-card): This is a prepaid card with low commission fees. It comes with both a plastic and a virtual version, so you can choose whichever works best for your current needs. Again, this card works with GBP, USD, and EUR.
     - Coinizy (https://www.coinizy.com/): This is a virtual Visa card you can use with PayPal or to pay directly online. You purchase the card, and then use Bitcoins to load it.
     - SpectroCoin (https://spectrocoin.com/en/bitcoin-debit-card.html): This prepaid card lets you cash in Bitcoins at any ATM worldwide. You can also use it like a debit card. Cards can be used in USD, EUR, or GBP.
     - Bitpay (https://bitpay.com/card/): This Visa-branded card lets you load your bitcoins from your virtual wallet. You can then withdraw cash or use the card at retailer stores.
     - Wirex (https://wirexapp.com/): This card has a robust online banking app specifically for bitcoin. It lets you store your bitcoin in a digital wallet and then use the card to spend it as dollars.
     - Bitstamp (https://www.bitstamp.net/article/bitstamp-new-usd-eur-gbp-denominated-debit-card/): This is another virtual wallet option that also offers a plastic prepaid debit card that you can fund with bitcoin.
     - TenX (http://www.tenx.tech/): This is another virtual wallet that allows you to spend Bitcoin in real life, as well.
     - SatoshiTango (https://www.satoshitango.com/): This car lets you buy bitcoins and then transfer then onto a debit card.

Hope that some information above will useful for you Smiley Smiley Smiley
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