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Author Topic: Spending Bitcoins  (Read 101027 times)
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April 14, 2016, 04:48:31 PM
 #61

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin
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April 14, 2016, 08:07:03 PM
 #62

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin
One important condition for bitcoin to be accepted by governments is a way that they think they can make money with it.

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April 14, 2016, 11:09:11 PM
 #63

I do not ever spend any of my bitcoins not because I do not want to but because I cannot. There are not any stores where I am from to spend any bitcoins at. If there were any stores I would spend some coins I think.

Now only little by little the stores had started to accept bitcoin, so soon we can use our bitcoin for our daily needs till that saving for later use is the smart decision.

Thats because more and more people are finding out that the traditional forms of using bitcoin is getting easier.

So why not? this is all thanks to over the span of 6 months since the introduction of bitcoins debit card.

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April 14, 2016, 11:12:48 PM
 #64

I am spending it online on purse.io where I am getting good amount of discounts too if I am buying with bitcoins so its taking care of me at a moment.
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April 14, 2016, 11:50:28 PM
 #65

I am spending it online on purse.io where I am getting good amount of discounts too if I am buying with bitcoins so its taking care of me at a moment.
I'm curious about purse.io, is it really worth using for the discounts, and does it buy stuff through amazon? What are the shipping rates on it?

I think it's a good idea, but I haven't been sure about it. Maybe I'll start using it.
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April 14, 2016, 11:59:22 PM
 #66

I am not spending but I am selling lots of bitcoin everyday.In fact I have sold nearly 1 bitcoin in past 15 days.I would have spend them if any good ecommerce website had accepted Bitcoin payment in my country.Unfortunately there is not any so I have to first sell bitcoin to get fiat and then buy myself a new mobile
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April 15, 2016, 12:13:48 AM
 #67

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin
One important condition for bitcoin to be accepted by governments is a way that they think they can make money with it.
many reasons why the government banned the use bitcoin in their country. of course because it will be many people who will spend bitcoin for illegal activities. and certainly will be difficult to police in arrest


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April 15, 2016, 12:31:41 AM
 #68

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin
One important condition for bitcoin to be accepted by governments is a way that they think they can make money with it.
many reasons why the government banned the use bitcoin in their country. of course because it will be many people who will spend bitcoin for illegal activities. and certainly will be difficult to police in arrest
So your saying it is easier for the police to arrest people who purchase illegal goods with fiat cash?

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April 15, 2016, 12:48:36 AM
 #69

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin
One important condition for bitcoin to be accepted by governments is a way that they think they can make money with it.
many reasons why the government banned the use bitcoin in their country. of course because it will be many people who will spend bitcoin for illegal activities. and certainly will be difficult to police in arrest
So your saying it is easier for the police to arrest people who purchase illegal goods with fiat cash?
I don't think he's saying it's easier, he's just saying it adds another layer to the web of information that the police may have to follow or it's just another currency they have to keep looking for.
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April 15, 2016, 03:26:17 AM
 #70

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin

Indeed not easy for a country to decide legalize the bitcoin as currency. Even in my country i should change my bitcoin in to my own currency before spending it to buy or pay something.

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April 15, 2016, 08:44:21 AM
 #71

Around this time I am not spending Bitcoins and the reason is that the value is not high enough to sell it and that is the problem but I hope that there will be more people that can make profit.
If you want to make profit with Bitcoin around this time than you dont have to wait you can trade or gamble.
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April 15, 2016, 02:42:12 PM
 #72

Spending bitcoins is essentially selling it, so if you don't think you should be selling, you shouldn't be spending.

Not to mention there's all the additional friction still with spending bitcoin as compared to spending fiat currency. I'd rather use my conventional currency.
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April 15, 2016, 02:52:13 PM
 #73

Bitcoin is unique currency and more country implement bitcoin as payment transaction.
But my goverment never see on that point of view instead they forbid for bitcoin usage because there are many negative effect that can occur if they legalize bitcoin

Indeed not easy for a country to decide legalize the bitcoin as currency. Even in my country i should change my bitcoin in to my own currency before spending it to buy or pay something.


Yeah this is the one thing that lacks bitcoin as a currency because right now we cant spend it in our country and can only be used so far for online.
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April 15, 2016, 02:56:36 PM
 #74

I'm spending my bitcoins mostly on digital goods because here on the forum section digital goods there are a lot of attracting things that you can buy these days to be honest.
I also sometimes use bitify for some items but not often.
Spending bitcoin is very good for the economy of the bitcoin also, plus its nice to pay with it.
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April 15, 2016, 10:20:54 PM
 #75

I'm spending my bitcoins mostly on digital goods because here on the forum section digital goods there are a lot of attracting things that you can buy these days to be honest.
I also sometimes use bitify for some items but not often.
Spending bitcoin is very good for the economy of the bitcoin also, plus its nice to pay with it.

Spending is always recommended as only holding will not be profitable in long run, we need rotation and circulation of coins, and if it is not done then bitcoin will loose all its value.
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April 15, 2016, 11:04:29 PM
 #76

There are lots of places we can now spend our bitcoin and often receive a discount while dointg so
https://www.bitcoin.com/spend-bitcoin-online

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April 15, 2016, 11:27:50 PM
 #77

There are lots of places we can now spend our bitcoin and often receive a discount while dointg so
https://www.bitcoin.com/spend-bitcoin-online
Yeah this is a good website to purchase anything but honestly speaking I prefer to buy it on purse.io which gives me best discounts if I purchase with bitcoins, you can try it too.
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April 16, 2016, 12:01:50 AM
 #78

I am not spending but I am selling lots of bitcoin everyday.In fact I have sold nearly 1 bitcoin in past 15 days.I would have spend them if any good ecommerce website had accepted Bitcoin payment in my country.Unfortunately there is not any so I have to first sell bitcoin to get fiat and then buy myself a new mobile
I think to sell / buy bitcoin not included in the spending bitcoin ? it includes transactions in bitcoin market.
I will understand you. because in fact it is a bit of merchants that accept bitcoin as payment option


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April 16, 2016, 12:04:05 AM
 #79

There are lots of places we can now spend our bitcoin and often receive a discount while dointg so
https://www.bitcoin.com/spend-bitcoin-online
Yeah this is a good website to purchase anything but honestly speaking I prefer to buy it on purse.io which gives me best discounts if I purchase with bitcoins, you can try it too.
Your right purse.io does have bigger discounts but I dont think it is yet available to Australian users.
I don't know why they dont offer services to us Aussies, probably some regulatory red tape thats hard to cut through.

The bitcoin.com link has a great seach engine and the whole site is very easy to use.

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April 16, 2016, 01:13:08 AM
 #80

Even if people will start making a plastic cards in different countries you will not have a chanse to pay with bitcoin cause it's illegal, better to leave bitcoin now and wait when it become legal everywhere.

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