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Author Topic: Spending Bitcoins  (Read 101027 times)
wxa7115
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November 24, 2016, 04:38:57 PM
 #661

Other than those loading fees, there will not be any uncomfortable in using bitcoin debit cards.

The primary advantage of Bitcoin is the removal of the middle man, a.k.a the bank.
If you are going to use a debit card, with loading and other fees, the whole purpose of removing the middle man is defeated.

I think this is also one of the reasons why bitcoin was created. An alternative currency to be used on internet where decentralization is one of the feature.Now, sending or paying someone over the net using bitcoin is cheaper compared to other site.
yeah that one of the purposes of use bitcoin as a payment method, but for now I think it is still limited to use bitcoin as a currency, because it is still a bit of a third party that accepts bitcoin

I only hope Bitcoin will become popular on the biggest companies in the world. Amazon wants to accept it now, a few countries want to implement a Bitcoin-style currency for their citizens and this can bring up a lot of popularity for it. Bigger companies will convince then smaller ones so Bitcoin will become trendy and more would use it. It provides us so many advantages..
A country creating their own bitcoin is not good news for bitcoin since they will try to say that they have something better than bitcoin when in fact it will be more of the same and maybe even worst, since they could track all of your transactions in their blockchain.
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November 24, 2016, 05:46:07 PM
 #662

It is not about enjoyment, it is about the use of bitcoin for our needs for spending it on the right matters and if those emergencies happens, don't regret in spending bitcoins with it.
In present time I am too not in favour of spending bitcoins, as the price of bitcoin is expecting to raise to a high price  at the end of  this year 2016, I think holding bitcoin will be such a good idea, as you can make a good profit if the price of bitcoin goes high in very near future, we may get double the buying power for the same amount of bitcoins.
BingoDog
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November 24, 2016, 05:52:34 PM
 #663

It is not about enjoyment, it is about the use of bitcoin for our needs for spending it on the right matters and if those emergencies happens, don't regret in spending bitcoins with it.
In present time I am too not in favour of spending bitcoins, as the price of bitcoin is expecting to raise to a high price  at the end of  this year 2016, I think holding bitcoin will be such a good idea, as you can make a good profit if the price of bitcoin goes high in very near future, we may get double the buying power for the same amount of bitcoins.

Many people think prety much the same, they don't want to spend their coins waitng for the price to go high in short time. That will probably happen so keeping and saving your coins is not such a bad idea. But some people will stil spend some, the holiday season is coming.

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wxa7115
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November 25, 2016, 10:40:53 PM
 #664

It is not about enjoyment, it is about the use of bitcoin for our needs for spending it on the right matters and if those emergencies happens, don't regret in spending bitcoins with it.
In present time I am too not in favour of spending bitcoins, as the price of bitcoin is expecting to raise to a high price  at the end of  this year 2016, I think holding bitcoin will be such a good idea, as you can make a good profit if the price of bitcoin goes high in very near future, we may get double the buying power for the same amount of bitcoins.
To think the price will double in a month is too optimistic, besides I don't see any reason why that could happen in the near future, could bitcoin reach 800 or even 850 before the end of the year? Sure, but to reach 1400? not very likely in my opinion.
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November 25, 2016, 10:50:30 PM
 #665

Other than those loading fees, there will not be any uncomfortable in using bitcoin debit cards.

The primary advantage of Bitcoin is the removal of the middle man, a.k.a the bank.
If you are going to use a debit card, with loading and other fees, the whole purpose of removing the middle man is defeated.

I think this is also one of the reasons why bitcoin was created. An alternative currency to be used on internet where decentralization is one of the feature.Now, sending or paying someone over the net using bitcoin is cheaper compared to other site.
of course bitcoin is an online course currency used for payment or remittance methods, bitcoin actually has many functions not only as a currency, so fortunately all of you use bitcoin
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November 25, 2016, 10:59:37 PM
 #666

Other than those loading fees, there will not be any uncomfortable in using bitcoin debit cards.

The primary advantage of Bitcoin is the removal of the middle man, a.k.a the bank.
If you are going to use a debit card, with loading and other fees, the whole purpose of removing the middle man is defeated.

I think this is also one of the reasons why bitcoin was created. An alternative currency to be used on internet where decentralization is one of the feature.Now, sending or paying someone over the net using bitcoin is cheaper compared to other site.
yeah that one of the purposes of use bitcoin as a payment method, but for now I think it is still limited to use bitcoin as a currency, because it is still a bit of a third party that accepts bitcoin
People are just making the right effort with bitcoin, since they understand that nowadays it's not so popular they consider it as investment as they see in the future that bitcoin will be popular and I am one of that people who believe in the future and investing now is the key to success.
In physical world for offline use it is true that bitcoin is not much popular but if I search for online users and earners I find that bitcoin is much popular among these people and everyone is now using bitcoin and are leaving other payment methods.
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November 25, 2016, 11:07:00 PM
 #667

Some of us cant spend bitcoin because they dont have enough, they are trying to save money so they can buy whatever they want because they have something they for. Some dont have enough because they like to invest. They sacrifice their BTC hoping for a good business, maybe you can call it saving too. Then the others dont really spend because of the transactions. Thats a problem nowadays.

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November 25, 2016, 11:20:00 PM
 #668

It is not about enjoyment, it is about the use of bitcoin for our needs for spending it on the right matters and if those emergencies happens, don't regret in spending bitcoins with it.
In present time I am too not in favour of spending bitcoins, as the price of bitcoin is expecting to raise to a high price  at the end of  this year 2016, I think holding bitcoin will be such a good idea, as you can make a good profit if the price of bitcoin goes high in very near future, we may get double the buying power for the same amount of bitcoins.

Many people think prety much the same, they don't want to spend their coins waitng for the price to go high in short time. That will probably happen so keeping and saving your coins is not such a bad idea. But some people will stil spend some, the holiday season is coming.
I thought you said is a person who has a goal to use bitcoin as a place for investment, of course there are many other people who have goals using bitcoin as a currency, they would be spending their bitcoin

deadpoolx
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November 25, 2016, 11:36:06 PM
 #669

I would love to spend my bitcoin only if there was many places to do so the only places that do only sells things that i don't use on a regular bases i wish only there was a credit card that accepts bitcoin,and in my country people don't even know what bitcoin is so the chances of me using it is 0 i am just waiting for the day they make bitcoin an international currency so i can spend it Sad
The fact that there aren't many places to spend Bitcoin creates obstacles to some users, this also reduces the number of investors. All this leads to a higher level of instability in price. It's noticeable that there are some stores starting to accept bitcoin, but this process needs to occur on a larger scale.

It would also be interesting if merchants start offering discounts for people using Bitcoin, so customers would have an incentive to use it.
wxa7115
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November 27, 2016, 02:58:38 AM
 #670

Other than those loading fees, there will not be any uncomfortable in using bitcoin debit cards.

The primary advantage of Bitcoin is the removal of the middle man, a.k.a the bank.
If you are going to use a debit card, with loading and other fees, the whole purpose of removing the middle man is defeated.

I think this is also one of the reasons why bitcoin was created. An alternative currency to be used on internet where decentralization is one of the feature.Now, sending or paying someone over the net using bitcoin is cheaper compared to other site.
yeah that one of the purposes of use bitcoin as a payment method, but for now I think it is still limited to use bitcoin as a currency, because it is still a bit of a third party that accepts bitcoin
People are just making the right effort with bitcoin, since they understand that nowadays it's not so popular they consider it as investment as they see in the future that bitcoin will be popular and I am one of that people who believe in the future and investing now is the key to success.
In physical world for offline use it is true that bitcoin is not much popular but if I search for online users and earners I find that bitcoin is much popular among these people and everyone is now using bitcoin and are leaving other payment methods.
Some people are leaving other payments systems that is true but most people are using bitcoin alongside whatever payment processors they are using already since bitcoin is not incompatible with those systems.
TheGodFather
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November 27, 2016, 11:08:33 AM
 #671


With all though this may be so but some of the biggest companies like Dell and Microsoft just to name 2 already accept bitcoin but it hasn't brought yoo much mainstream attention with it.
Still need that killer app
the news weren't spreading a lot because it was from few years back they're starting to accept bitcoin. if they are accepting on this year it'll sure will be hyped by so many people but it doesn't matter anymore. they're just accepting bitcoin and it's good. just hoping for more sites to come especially online shop like ebay or amazon
that's the real deal . if all companies accepting bitcoins that will be the start of the future. i've heard also that some companies accepting bitcoins but that company dont usually invest on bitcoins thats why its the cause of bitcoins price getting lower . if all companies in the world gonna invest in bitcoin the price of bitcoin could literally goes up . and i hope it will happen.
markyminer
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November 27, 2016, 03:26:04 PM
 #672

Other than those loading fees, there will not be any uncomfortable in using bitcoin debit cards.

The primary advantage of Bitcoin is the removal of the middle man, a.k.a the bank.
If you are going to use a debit card, with loading and other fees, the whole purpose of removing the middle man is defeated.

I think this is also one of the reasons why bitcoin was created. An alternative currency to be used on internet where decentralization is one of the feature.Now, sending or paying someone over the net using bitcoin is cheaper compared to other site.
yes you are right that bitcoin created for decentralize purposes, but i think bitcoin is also created for providing online service also. as now people are taking interest in online business therefore bitcoin is more convenient for them, as bitcoin has the same value in all over the world therefore those people who are related to online business mostly giving preference to it.

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Zadicar
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November 27, 2016, 03:35:54 PM
 #673

It is not about enjoyment, it is about the use of bitcoin for our needs for spending it on the right matters and if those emergencies happens, don't regret in spending bitcoins with it.
In present time I am too not in favour of spending bitcoins, as the price of bitcoin is expecting to raise to a high price  at the end of  this year 2016, I think holding bitcoin will be such a good idea, as you can make a good profit if the price of bitcoin goes high in very near future, we may get double the buying power for the same amount of bitcoins.

Many people think prety much the same, they don't want to spend their coins waitng for the price to go high in short time. That will probably happen so keeping and saving your coins is not such a bad idea. But some people will stil spend some, the holiday season is coming.
I thought you said is a person who has a goal to use bitcoin as a place for investment, of course there are many other people who have goals using bitcoin as a currency, they would be spending their bitcoin

That's true that many wants to hold bitcoin and not spend it because they are hoping to get decent profit as the price is increasing. But what I am saying, what if you are in a situation where you need to spend bitcoins for emergency purposes. That's a worth to spend your bitcoins, even you aim to hold for a long time but if that comes to you, then you don't have choice but to spend it.
People will mostly hold off their bitcoin because they have high hopes to it and make profits in the future. These things and assumptions are the same on most bitcoin holders thats why most hold off and save as much as they can but as you mentioned there are really some circumtances that we would really need to spend our bitcoins especially on emergency purposes, spending them are just spending like fiat too though.

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November 27, 2016, 06:52:52 PM
 #674

I had a situation that forced me to sell my bitcoin recently, but im expecting to collect more bitcoin over the years, and be able to save them instead have to exchange them. The fact i do wanna to save is that since i joined bitcoin im able to see it getting more and more value over time, soo i believe i may get the gold eggs with bitcoin.
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November 28, 2016, 08:15:50 AM
 #675

I had a situation that forced me to sell my bitcoin recently, but im expecting to collect more bitcoin over the years, and be able to save them instead have to exchange them. The fact i do wanna to save is that since i joined bitcoin im able to see it getting more and more value over time, soo i believe i may get the gold eggs with bitcoin.
That's good for you mate.. I also believe that bitcoin gives me a lot of benefits when it comes to my investment so that's why I'm working hard from it as well to get more savings for myself in the long run.

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Positid
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November 28, 2016, 01:26:58 PM
 #676

I had a situation that forced me to sell my bitcoin recently, but im expecting to collect more bitcoin over the years, and be able to save them instead have to exchange them. The fact i do wanna to save is that since i joined bitcoin im able to see it getting more and more value over time, soo i believe i may get the gold eggs with bitcoin.
That's good for you mate.. I also believe that bitcoin gives me a lot of benefits when it comes to my investment so that's why I'm working hard from it as well to get more savings for myself in the long run.
Count me in bro, we are on the same journey I guess. I am taking advantage as well on the situation that bitcoin is not that popular, what I am earning here in different money generating activities, I make it a point that I will allocate something for my future savings/investment because I believe bitcoin has more value in the future.

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bitbunnny
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November 28, 2016, 02:08:31 PM
 #677

At the moment I'm trying to collect the Bitcoins not to spend them, have my reasons.
But in general spending Bitcoins is a joy to me, it gives a feeling of freedom and independence. And the good news is that each day the number of places where you can spend your coins is enlarging and each day you can buy more and more products and services.

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November 28, 2016, 02:23:34 PM
 #678

Actualy i pay all my bills with bitcoin.
I just use the bar code to make the payments in www.paguecombitcoin.com.br (Brasil Service)… but you can find many others.

Smiley

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November 28, 2016, 02:34:41 PM
 #679

At the moment I'm trying to collect the Bitcoins not to spend them, have my reasons.
But in general spending Bitcoins is a joy to me, it gives a feeling of freedom and independence. And the good news is that each day the number of places where you can spend your coins is enlarging and each day you can buy more and more products and services.

Me too. At this moment I prefer to just collect Bitcoins, because soon, when the price rise a bit more I can increase my money and spend it to buy more things than I can buy now. It's like an investment, on long term.

It's good also to have more and more stores accepting BTCs each new day. Althought it could be increasing in larger steps...

 
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November 28, 2016, 03:35:49 PM
 #680

At the moment I'm trying to collect the Bitcoins not to spend them, have my reasons.
But in general spending Bitcoins is a joy to me, it gives a feeling of freedom and independence. And the good news is that each day the number of places where you can spend your coins is enlarging and each day you can buy more and more products and services.

Me too. At this moment I prefer to just collect Bitcoins, because soon, when the price rise a bit more I can increase my money and spend it to buy more things than I can buy now. It's like an investment, on long term.

It's good also to have more and more stores accepting BTCs each new day. Althought it could be increasing in larger steps...
Well for me i collected some bitcoins too but i do not stay or save it for a long time i want to increase more that is why i am scaling it up and spend it to by domain and become seller of website.. also blogging is one of my hobby right now and trying to study more about seo..
So that i can use those skills and website to earn more bitcoins..
Bitcoin is very big help to me that i can buy domain and hosting right now using bitcoin unlike before. .also i tried the service of paypal before but honestly it is hard to verified the paypal account and even you have balance in your paypal you can not buy a domain because you are not verified even you have balance in paypal.. so this is the advantage of bitcoin..

Make crypto as your bank.
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