Spending Bitcoins

[Leonard2016]

When I have some extra Bitcoins I try to spend them. The easiest way is to use my Bitcoin debit card so I don't ha to worry if somwhere the Bitcoin is accepted or not, it's converted automaticaly. It's good to save the coins for the future as an investment but if we want to make Bitcoin more wide spread and popular it's necessary to use it.

i never liked bitcoin debit cards and in general i never liked any of these third party sites where i have to fill out a form, give my personal information and then always be fearful about their so called rules and on top of all that i have to pay lots of fees to use them!

[Harlot]

There are other ways to support Bitcoin besides spending it, It's price won't go up if the only factor for it is by spending it. I support bitcoin by storing it in my Bitcoin Wallet and if the price is right I will convert it to Fiat via Bank Deposit that is available with my wallet. Also the demand for Bitcoin will be the main factor for businesses to take notice and accept Bitcoin later on. If they accepted it as a mode of payment then we will see a lot of people who will use Bitcoin directly.

[danherbias07]

I got one thread that talks about what will happen if no one spends it. There are good answers by different users which makes sense. It is one factor that will make bitcoin survive. With the entering of many merchants seeing it is like a currency that can literally be used it will boom out the economy of bitcoin.

[Wowcoin]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

[el kaka22]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

If you are from allowed countries of having bitcoin debit cards, it is highly suggested to have bitcoin debit cards to effectively spend bitcoins for almost all your needs. Spending bitcoins will have lot of practical problems like finding merchants and finding preferred things with that merchants. But, with bitcoin debit card we can easily overcome this types of problem.

[Cereberus]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

I do the same. I cashout it to my Skrill or Paypal and then spend it. Actually it has given me a very good feeling as I am buidling a 6th generation Intel pc and right now I am on a core 2 duo.

So spending bitcoins wisely gives us a great feeling. Even here almost no one accepts bitcoin in stores so we have to spend or invest it digitally for the moment.

[betohell]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat

[lisa255]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat

Yes, unfortunately still very few stores that accept cryptocurrency. This hampers the use of Bitcoin. I rarely spend your Bitcoins for various reasons

[bitkilo]

I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat

Yes, unfortunately still very few stores that accept cryptocurrency. This hampers the use of Bitcoin. I rarely spend your Bitcoins for various reasons

So few store accept bitcoin as payment yet because so few people are willing to freely spend and use them as a daily currency

[Pitchblackroom]

Could you spend some bitcoins on videogames on Steam?
There are other sites that have been accepting Bitcoin as of lately.
A lot more uses for it than back in 2011.

[hase0278]

Sites exist now to ease our bitcoin spending, and there is one web wallet that allows bitcoin to be spent in daily needs here in our country. This web wallet coins.ph allows Filipinos to convert their bitcoin into fiat easily and we can receive it instantly via atm without a card. It also have many options to choose how they will send their money to you. It is very convenient though bitcoin is not widely known here.

[bamboylee]

There is not much merchandisers accepting bitcoin here in my country either. There is a site where I can pay bills using bitcoin here too but to use bitcoin on a daily basis is not yet possible. If grocery stores start accepting bitcoin as payment, then spending will be easier and maybe adoption will be faster.

[Doms]

I don't spend a lot of bitcoin as is, most of what I have have been converted to fiat and that is what I spend. If only bitcoin can be spent just about anywhere, that would really save me the task of converting to fiat and then waiting for it to be deposited to my bank account. It's nice if you could pay instantly what you purchased by a mere tap of a few buttons.

[freedomgo]

I don't spend a lot of bitcoin as is, most of what I have have been converted to fiat and that is what I spend. If only bitcoin can be spent just about anywhere, that would really save me the task of converting to fiat and then waiting for it to be deposited to my bank account. It's nice if you could pay instantly what you purchased by a mere tap of a few buttons.

By converting it to fiat is just like a way of spending your bitcoins, I do like what you do when I need money to spend on my daily expenses cause apparently we cannot spend our bitcoins to buy our daily needs, we need to convert it to fiat first before we can spend our money.

[Leprikon]

I do most of their income directly translate into cryptocurrency. That's why I spend it actively. I have no choice because almost fiat

[Aamir1]

There is not much merchandisers accepting bitcoin here in my country either. There is a site where I can pay bills using bitcoin here too but to use bitcoin on a daily basis is not yet possible. If grocery stores start accepting bitcoin as payment, then spending will be easier and maybe adoption will be faster.

Same here, not really a lot of option of spending bitcoin itself as there isn't any places accepting it nor there is any local website accepting bitcoin for buying anything, so except recharging my mobile with bitrefill i use bitcoins nowhere, i just convert them when i need money and then spend them as fiat.

[Anemed]

I do most of their income directly translate into cryptocurrency. That's why I spend it actively. I have no choice because almost fiat

Spending bitcoin has become my need. Once i earn bitcoins i save them for some days until  it reaches certain amount. I am in for almost 4 to 5 hours daily. I exchange it to fiats once in a month for expenses. Bitcoins are not accepted in my country, so need to be exchanged.

[bitcoinboy12]

This is a wish.

That someday major gadget stores would accept Bitcoins and other cryptocurrencies so that we could do away with very high excise taxes.
I would imagine the cost of gadgets like cameras would be more competitive if BITCOIN is used instead of the current paper exchanges.

Gadgets here cost more than our counterparts overseas.. and when I asked for the reason.. I was told that I belong to a very small market and the demand is lower than our neighboring countries - thus the higher cost.

But if BITCOIN may be used to buy... then perhaps the price would be much much less than what we currently see.

[X-ray]

I do most of their income directly translate into cryptocurrency. That's why I spend it actively. I have no choice because almost fiat

Spending bitcoin has become my need. Once i earn bitcoins i save them for some days until  it reaches certain amount. I am in for almost 4 to 5 hours daily. I exchange it to fiats once in a month for expenses. Bitcoins are not accepted in my country, so need to be exchanged.

that's ain't spending is it? it's definitely exchanging  while spending bitcoin "directly" is definitely different,even though you can still use a bitcoin debit card and fulfill the needs of your monthly expenses,you're choosing such a boring and complicated way to fulfill your needs unfortunately

[danherbias07]

This is a wish.

That someday major gadget stores would accept Bitcoins and other cryptocurrencies so that we could do away with very high excise taxes.
I would imagine the cost of gadgets like cameras would be more competitive if BITCOIN is used instead of the current paper exchanges.

Gadgets here cost more than our counterparts overseas.. and when I asked for the reason.. I was told that I belong to a very small market and the demand is lower than our neighboring countries - thus the higher cost.

But if BITCOIN may be used to buy... then perhaps the price would be much much less than what we currently see.

Please include home and office supplies and home appliances in your wish.  I find it also expensive in our area including the delivery fee. If that will change maybe a lot of buyer will just stay in buying appliances here rather than getting overseas.