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Author Topic: Spending Bitcoins  (Read 101027 times)
RoseMann
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July 07, 2016, 11:35:30 AM
 #261

If I am you I should not give out your Bitcoins at the moment because they are worth allot of money and they are getting harder to earn.
It is better to spend your cash because in the future it might be possible to make much money with.

I will save most of my bitcoins. I believe the price will rise in long term. The price has risen many times in the past.

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July 07, 2016, 11:47:46 AM
 #262

If I am you I should not give out your Bitcoins at the moment because they are worth allot of money and they are getting harder to earn.
It is better to spend your cash because in the future it might be possible to make much money with.

I will save most of my bitcoins. I believe the price will rise in long term. The price has risen many times in the past.

If you spend bitcoin then it will help bitcoin to grow even higher in future as only saving is not the right thing to do, better to spend or sell when you see higher price of bitcoin.
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July 07, 2016, 01:07:47 PM
 #263

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.
Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

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July 07, 2016, 01:10:20 PM
 #264

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.
Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

Exactly, spending bitcoin is limited at a moment as it can be mostly used only for online shopping, it has not reached to physical stored yet, but things will change in future for sure.
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July 07, 2016, 01:27:10 PM
 #265

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.
Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

Exactly, spending bitcoin is limited at a moment as it can be mostly used only for online shopping, it has not reached to physical stored yet, but things will change in future for sure.
I hope to see that change soon since it is a drastic change in bitcoin lifetime and it can change many things.

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July 07, 2016, 01:54:28 PM
 #266

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.
Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.
An estimation shows that  80,000 businesses already accept Bitcoin today, also bitcoin payments for some companies and growing, still in majority of the places bitcoin is not accepted.
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July 07, 2016, 07:39:49 PM
 #267

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
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July 07, 2016, 08:10:37 PM
 #268

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).
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July 07, 2016, 08:18:13 PM
 #269

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).
There might very well be some people that want to get out of Bitcoin before the halving, and we are probably seeing that with the Bitcoin market right now. It's different opinions for different people, and some people might not want to wait and see what happens with their investment because it'll freak them out with the possibility of everything disappearing or the value being considerably more lost.
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July 08, 2016, 02:30:12 PM
 #270

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).
There might very well be some people that want to get out of Bitcoin before the halving, and we are probably seeing that with the Bitcoin market right now. It's different opinions for different people, and some people might not want to wait and see what happens with their investment because it'll freak them out with the possibility of everything disappearing or the value being considerably more lost.

Some people think if the block halves, the miners will shutdown, the confirmation time will increase, the bitcoin price will drop.

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July 08, 2016, 04:08:18 PM
 #271

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).

Very few hours left for halving now so I think we can hold our coins till then and once halving is done we have full freedom to spend our coins even if price is higher or lower.
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July 09, 2016, 03:11:44 AM
 #272

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.
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July 09, 2016, 06:42:42 PM
 #273

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.

I only spend bitcoin to buy some graphics cards and use the cards to mine altcoin and then sell altcoin to buy bitcoin.

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July 09, 2016, 09:05:20 PM
 #274

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.

And spending is not practical because absolutely no one accept btc in your daily life!
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July 10, 2016, 07:20:43 AM
 #275

I can not spend Bitcoin because in my country there is to do nothing!
Bitcoin question now stands at osudarstvennom level. The authorities want to control it, because they are afraid. None of the infrastructure to develop and use Bitcoin. No terminals.
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July 12, 2016, 09:20:33 AM
 #276

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.
In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy.
Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.


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July 12, 2016, 11:05:57 AM
 #277

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.
In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy.
Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.

And one more good thing about it is you cant just spend it easily. It will be like a real piggy bank to you where you are putting more money everyday and not even using it because there is nowhere to use it.
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July 12, 2016, 11:28:47 PM
 #278

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.
In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy.
Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.
Dont worry praprata,bitcoin is not so popular right now.
But we may really see some rise of demand,the same rise of volume because more and more people will use btc.
You will see stores around your place of living accepting btc payments,you just need to wait some time.
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July 13, 2016, 12:14:11 AM
 #279

I can not spend Bitcoin because in my country there is to do nothing!
Bitcoin question now stands at osudarstvennom level. The authorities want to control it, because they are afraid. None of the infrastructure to develop and use Bitcoin. No terminals.
You dont need to spend your bitcoin into real life, as you are here you can spend them virtual, i am spending most of my coins online with some investments and projects on the way to start.
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July 13, 2016, 12:28:18 AM
 #280

I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.

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