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Author Topic: Spending Bitcoins  (Read 101031 times)
usefrees
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November 30, 2016, 07:25:11 PM
 #701

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I do not really like to spend Bitcoins. I just hold them in your purse. But this demand does not depend on Bitcoins. It grows from the fact that the popularity of Bitcoin is distributed among a large number of people every day
betohell
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November 30, 2016, 11:30:50 PM
 #702

Spending some bitcoins is good and I think that you can do this but never spend too much because the bitcoin still has a great future a head.
yeah you can shop online bitcoin in, and there are many choices of goods and stores that accept bitcoin as a payment at this time. but do not be too extravagant to spend your bitcoin because it would be better if you invest it

wxa7115
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December 01, 2016, 10:39:51 PM
 #703


Holding bitcoin is a good option now, judging from the price increasing and the stability in the future bitcoin will be a valuable assets, i only spend when there is emergency need and i will sell my coin when the price reach 1000$
Keep in mind to not holding forever. you will missed opportunity and you will get nothing at the end if you just keep holding. though $1000 is possible if we're looking at the current price nowadays but you could make pretty decent profit by doing some margin trading. it's not really risky and as simple as buying and selling thing instantly
Yes, if we want we can make some additional money buying bitcoin when the price drops and then reselling when the price goes back to normal, that is a nice way to put some extra dollars in your pocket.
BitcoinsGreat
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December 02, 2016, 05:21:58 PM
 #704

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,
Antoshka
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December 02, 2016, 05:42:17 PM
 #705

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
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December 03, 2016, 10:26:31 AM
 #706

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
Really? you don't want to spend your bitcoin even 1 satoshi?. Check your address and at least you have a transaction it's called with Spending.
Spending bitcoins is a human nature and you can do it anytime.

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December 03, 2016, 10:36:39 AM
 #707

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
i think you spend or not it is not a problem and it can not affect your bitcoin.. for me this is a time to spend it from some site like purse.io that they are giving good rebate while you are buying .. if you can wait for a long time and dont spend your bitcoin it is a good idea but it takes a long time before you can make a good profit or huge price increase.. we do not know if the price of bitcoin will continue to increase.

Make crypto as your bank.
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December 03, 2016, 10:41:16 AM
 #708

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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
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December 03, 2016, 01:48:52 PM
 #709

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
Really? you don't want to spend your bitcoin even 1 satoshi?. Check your address and at least you have a transaction it's called with Spending.
Spending bitcoins is a human nature and you can do it anytime.


I agree with you, it's close to impossible to not spend even 1 satoshi, but on the other hand if you are spending less than 5% of what you have in total it is fair to call it "not spending" IMO. I, for example, if I need money I can sell some coins to have say $50, but since I'm doing this once in two or three months and I earn more in that period of time, I think I'm not spending.

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December 03, 2016, 02:00:31 PM
 #710

For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

Nothing but speculation galvanizes demand. Many hold on to a token because they believe in the advance in price and that they can sell it higher in the foreseeable future, thats why they buy and hold, and provide supply while hedging their positions if necessary. It all is whale plays. Real demand means buying pressure created by business or corporate adoption plays a non-substantial role in driving market forces.

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December 04, 2016, 12:11:28 AM
 #711

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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
You are right. People around us must be feels usual with bitcoin. At this time the most easy way to buy goods using bitcoin is in online shop. Mass adoption is the key that can make us easier to use bitcoin. Spending bitcoin in regular basis is such as a challenge, becouse only a few offline place that adopt bitcoin as payment option. It will more comfortable to use if we can spending bitcoin in local merchant.

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December 04, 2016, 02:56:06 AM
 #712

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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
You are right. People around us must be feels usual with bitcoin. At this time the most easy way to buy goods using bitcoin is in online shop. Mass adoption is the key that can make us easier to use bitcoin. Spending bitcoin in regular basis is such as a challenge, because only a few offline place that adopt bitcoin as payment option. It will more comfortable to use if we can spending bitcoin in local merchant.
I don't think spending Bitcoins is necessary to make Bitcoin successful and make known to people, look at Gold for example it is not a kind of item in which is accepted as payment yet it is known by all people and it is valuable. Bitcoin's road right now is pretty good for something that virtually exist it might go over to 1000$ soon.
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December 04, 2016, 03:47:03 AM
 #713

yess we should  spend bitcoins on a daily basis  .not at on the daily basis but on the monthly basis .this is very good for me  becausei will be able to spend my bitcoins on the necessary  things i wanna enjoy my life and because life is one .so enjoy it to  the fullest.

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December 04, 2016, 04:28:38 AM
 #714

yess we should  spend bitcoins on a daily basis  .not at on the daily basis but on the monthly basis .this is very good for me  becausei will be able to spend my bitcoins on the necessary  things i wanna enjoy my life and because life is one .so enjoy it to  the fullest.


Also because if you just keep it, the value will decrease and the entire economy will be affected with this. There is no benefit for the society if you just keep on holding for your own beneficent.









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December 04, 2016, 05:16:51 AM
 #715

Been using bitcoin in my everyday loving. I used my bitcoin everyday to top up my phone. Buying game cards and paying my electricity bill using coins.ph here in the philippines.
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December 04, 2016, 05:20:25 AM
 #716

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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
You are right. People around us must be feels usual with bitcoin. At this time the most easy way to buy goods using bitcoin is in online shop. Mass adoption is the key that can make us easier to use bitcoin. Spending bitcoin in regular basis is such as a challenge, becouse only a few offline place that adopt bitcoin as payment option. It will more comfortable to use if we can spending bitcoin in local merchant.
However we have to live with what bitcoin can offer to use in the current times, since the adoption is not that high we can't expect to spend our bitcoins easy. Let's hope that the adoption will continue to increase as what is happening right now, bitcoin will surely be more popular in the future.

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December 04, 2016, 06:16:54 AM
 #717

Spending bitcoin can be good but its depending on how and what you want to do with it, normally I would say hold the bitcoin and be patient!
It can be good if you are going to spend it into good things too we can do many things with our bitcoin we can spend it through investment sites again or be patient to wait till the price get more higher than the original price rigth now, But for me it's better to keep it nor trade it into other coins to grow it.

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BitcoinPC
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December 06, 2016, 05:35:34 AM
 #718

Spending bitcoin can be good but its depending on how and what you want to do with it, normally I would say hold the bitcoin and be patient!
It can be good if you are going to spend it into good things too we can do many things with our bitcoin we can spend it through investment sites again or be patient to wait till the price get more higher than the original price rigth now, But for me it's better to keep it nor trade it into other coins to grow it.

I also have same thinking like you, Because i think bitcoin is better to save it now, instead of using it and buying with it, because we have a lot of other ways to buy or sell the things but if we save our bitcoin so in earning wise it is good for us, also now we can use fiat currency on online and buy everything. So why we use bitcoin only for things.
bitkilo (OP)
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December 06, 2016, 08:44:40 AM
 #719

Been using bitcoin in my everyday loving. I used my bitcoin everyday to top up my phone. Buying game cards and paying my electricity bill using coins.ph here in the philippines.
I also pay bills with bitcoins but i am in a different country, what company in the Philippines do you use to pay bills with?

I know of one company there Coins.ph that was mentioned in this bitcoin.com news article: https://news.bitcoin.com/philippines-pay-loans-bills-bitcoin/ but it's the only one i know of.

MaryAngela_Fantocci
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December 06, 2016, 03:54:22 PM
 #720

I am using the service Purse.io to buy goods at Amazon. That's all.
I remember that I saw movie where was no bank system, there was BTC paid system and all people buy-sell by only one way - they insert their individual flesh-card at terminals. The directors of movie didn't open any details about this Smiley

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