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Author Topic: Spending Bitcoins  (Read 101027 times)
goinmerry
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April 19, 2016, 02:38:20 PM
 #121

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.
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April 19, 2016, 02:41:12 PM
 #122

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.

Its different only if your country isnt provided but most of these exchanges do provide to ship almost everywhere besides the US.

So I`m assuming youre from the states. The only few options for people in united states is going with coinbases swift card which their debit card.
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April 19, 2016, 06:28:59 PM
 #123

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.
Spending coins is not good now, buying can be done now as price is not too high. price is going to rise after few months, so wait patiently for few more months and obtain a worthy amount.

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April 19, 2016, 06:44:06 PM
 #124

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.
Spending coins is not good now, buying can be done now as price is not too high. price is going to rise after few months, so wait patiently for few more months and obtain a worthy amount.

Spending now is the worst thing to do as if you spend now then you are loosing your profits, its better to hold and earn additional profits by selling at the time of halving.
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April 19, 2016, 06:51:04 PM
 #125

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.

I come from east Africa, and with a simple random sampling survey I took, I realised that 1% of the sample know about virtual or cryptosystem, so the reason I could is illiteracy about the coins,
Those who new about then lacked trust in it snx could their for hold them in their wallets for  short while, the reason being lack of trust.
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April 19, 2016, 07:08:14 PM
 #126

I am spending only on gambling and trading  at a moment as I want to hold more number of coins at the time of halving to earn extra profits from it.
I mostly just use bitcoin for trading and gambling activities. I rarely use bitcoin to buy goods or something else. I do not really like doing spend with bitcoin.
probably because there are no specific items available on the internet
It's true, there is very little to actually buy with Bitcoin, and a lot of its uses revolve around trading, gambling, digital goods, and other, probably more illicit goods and services. Bitcoin is that little haven outside of the current monetary system that people can use and just do whatever they want with it.
I'm looking forward to the day that I can 1) afford to spend bitcoin instead of saving everyone like a dragon hoarding gold and 2) can actually go to the supermarket and pay with my phone like applepay/contactless payment cards do with fiat currently. I totally get the need to spend to get it up and running as a decent future monetary system, but come on dudes really? Do you know how hard I had to work to get what i've got so far?! lol
mark coins
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April 19, 2016, 07:11:34 PM
 #127

Spending it for buying online stuffs and on gambling is always fun, but at a moment I have stopped spending as I will spend at the time of halving when I see good and better price to spend.
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April 19, 2016, 09:04:08 PM
 #128

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.


There are countries that bitcoin is ban but most countries have embrace bitcoin and companies there are now investing and making a move for local user of bitcoin to used their bitcoin locally.

Those countries dont like changes in the money system and doesnt want their people to use any king of money than the conventional currency but soon those country will change its mind and will allow to spend the bitcoins in their country.
And they don’t know that with that act theywil be remained far back in the world of digital economy and other online businesses, one day when bitcoin establish they will lift ban, but at that time they will be too oung for bitcoin.
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April 20, 2016, 07:16:36 AM
 #129

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.


There are countries that bitcoin is ban but most countries have embrace bitcoin and companies there are now investing and making a move for local user of bitcoin to used their bitcoin locally.
There are few countries where Bitcoin is Ban. but it is temporary. I think on people demands, Government has to lift this ban to allow people get the benefit as all other people of different countries are getting.  So, sooner or later we are going to have bitcoin as legal definitely.
This ban is over there but it does not mean that the people over there do not have access to it, They can easily adopt it and can easily collect send and receive bitcoin anywhere in the world from their country.
elobizph
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April 20, 2016, 07:37:59 AM
 #130

in my country there are atleast 25% of people are using bitcoin but unfortunately 2% of establishments here only accepts bitcoin you cannot buy any foods or dress using bitcoin the only thing we can do here is exchange that bitcoin to fiat and in that way we can buy foods.I am hoping in the near future,establishments accepts bitcoin and in that way it will be easier to spend bitcoins.
Betwrong
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April 20, 2016, 07:55:13 AM
 #131

in my country there are atleast 25% of people are using bitcoin but unfortunately 2% of establishments here only accepts bitcoin you cannot buy any foods or dress using bitcoin the only thing we can do here is exchange that bitcoin to fiat and in that way we can buy foods.I am hoping in the near future,establishments accepts bitcoin and in that way it will be easier to spend bitcoins.

Wow, that's big! Where do you live? I think where I live only 1% of people are using Bitcoin or even less. I hope the situation will change in the future but for now it is like it is.

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April 20, 2016, 08:00:39 AM
 #132

in my country there are atleast 25% of people are using bitcoin but unfortunately 2% of establishments here only accepts bitcoin you cannot buy any foods or dress using bitcoin the only thing we can do here is exchange that bitcoin to fiat and in that way we can buy foods.I am hoping in the near future,establishments accepts bitcoin and in that way it will be easier to spend bitcoins.

Wow, that's big! Where do you live? I think where I live only 1% of people are using Bitcoin or even less. I hope the situation will change in the future but for now it is like it is.


Elobis and I lives in the Philippines. A lot of people are instead of doing nothing, they join the bitcoin community. And since there's very few establishments here that accepts bitcoin, we can't actively spend bitcoins in the outside world. We mainly use bitcoin to top up our phone and to buy from some online shops as well.

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April 20, 2016, 08:02:07 AM
 #133

in my country there are atleast 25% of people are using bitcoin but unfortunately 2% of establishments here only accepts bitcoin you cannot buy any foods or dress using bitcoin the only thing we can do here is exchange that bitcoin to fiat and in that way we can buy foods.I am hoping in the near future,establishments accepts bitcoin and in that way it will be easier to spend bitcoins.

Wow, that's big! Where do you live? I think where I live only 1% of people are using Bitcoin or even less. I hope the situation will change in the future but for now it is like it is.

I think he is from Europe, USA or China, as from these places more people are interested and aware with the term and features of bitcoin and the adoption rate is also greater at there.
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April 20, 2016, 10:08:09 AM
 #134

I am spending only on gambling and trading  at a moment as I want to hold more number of coins at the time of halving to earn extra profits from it.
If you keep spending on gambling you may soon have nothing to hold  Tongue

Without doubt wallet gets emptied if you continue using your hardly earned bitcoins into gambling. Gambling has the potential to give profit as well empty our wallet.

Pretty sure around 80% of the time, your wallet gets emptied from gambling. Well, atleast that's my personal experience.
Yes with gambling you have to make sure that you are going to lose that amount of your money or you have to keep in your mind that you are going to pay for playing that particular game and not for earning your living from there.
goinmerry
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April 20, 2016, 10:10:56 AM
 #135

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.
Spending coins is not good now, buying can be done now as price is not too high. price is going to rise after few months, so wait patiently for few more months and obtain a worthy amount.

That is also one bad thing about my country. You can buy it at a store like 7/11 (I just did mention a name  Tongue ) But you cant use it in their shop. How uncool is that eh? That is like you can buy it here then get out!
KennyR
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April 20, 2016, 04:50:43 PM
 #136

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.
Spending coins is not good now, buying can be done now as price is not too high. price is going to rise after few months, so wait patiently for few more months and obtain a worthy amount.

Spending now is the worst thing to do as if you spend now then you are loosing your profits, its better to hold and earn additional profits by selling at the time of halving.

Yeah it doesn't look to be the right time to spend your earned bitcoins. The price is expected to rise within few months. so its better to hold and spend after halving.

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April 20, 2016, 06:16:56 PM
 #137

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.


There are countries that bitcoin is ban but most countries have embrace bitcoin and companies there are now investing and making a move for local user of bitcoin to used their bitcoin locally.

Those countries dont like changes in the money system and doesnt want their people to use any king of money than the conventional currency but soon those country will change its mind and will allow to spend the bitcoins in their country.
They actually want people to use their money and their banking system for their money, so as they will be able to earn from their money and their transactions etc, which with bitcoin is not possible.
goinmerry
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April 21, 2016, 12:12:56 AM
 #138

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.


Guess we got a very different country. Spending it here through bitcoin in a retail shop in a mall or some stores is really hard. But I got the same story regarding paying bills online and it is really handy you wont need to fall in line paying it.

Its different only if your country isnt provided but most of these exchanges do provide to ship almost everywhere besides the US.

So I`m assuming youre from the states. The only few options for people in united states is going with coinbases swift card which their debit card.

Yeah shipment but if it is country to country it will take a lot of time before you see it in your doorstep. For now that is the only way. So better cash it out then buy from a regular store. I am not that good at waiting. Always thinking of the package once I ordered. Sometimes even thought that it is stuck and wont be delivered anymore without moneyback guarantee.
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April 21, 2016, 12:56:50 AM
 #139

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.


There are countries that bitcoin is ban but most countries have embrace bitcoin and companies there are now investing and making a move for local user of bitcoin to used their bitcoin locally.

Those countries dont like changes in the money system and doesnt want their people to use any king of money than the conventional currency but soon those country will change its mind and will allow to spend the bitcoins in their country.
They actually want people to use their money and their banking system for their money, so as they will be able to earn from their money and their transactions etc, which with bitcoin is not possible.
Banks and other mediums of business act as a service provider, and thus make their money off of people using their service.

It's kind of like being a miner for a crypto network, but you only make money on transaction fees, nothing else.
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April 21, 2016, 01:31:56 AM
 #140

In my country there is still no store that accept bitcoin, so the bitcoin i earned,i used for purchasing things online and exchange it to fiat, i hope in the future more shop and country adopted bitcoin
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