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Author Topic: Spending Bitcoins  (Read 101027 times)
farhaan
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January 17, 2017, 07:05:07 AM
 #901

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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simpler2016
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January 17, 2017, 12:54:12 PM
 #902

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Unfortunately, in my country, too, is almost impossible to buy goods for Bitcoin. But if you try, you can find the necessary shops.
At a time when Bitcoin was expensive, I spent it on buying some things
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January 17, 2017, 05:09:24 PM
 #903

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

I'm having the same way of spending bitcoins like you. I recharge my 4g with bitcoin whenever my net pack gets finished as there is no other ways of spending bitcoins for me. I don't know if slow transactions can be a problem but mostly people does not know about bitcoin that is why no one tries to use it.
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January 18, 2017, 11:10:36 PM
 #904

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

I'm having the same way of spending bitcoins like you. I recharge my 4g with bitcoin whenever my net pack gets finished as there is no other ways of spending bitcoins for me. I don't know if slow transactions can be a problem but mostly people does not know about bitcoin that is why no one tries to use it.
For in store purchases then bitcoin is not really suited because it is an online currency that need time to receive at least one confirmation before being considered safe.

If you really want to spend bitcoins then have a look online at what is available to you, i think you would be surprised as to what you can now buy with bitcoin.

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January 19, 2017, 12:25:20 AM
 #905

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

I'm having the same way of spending bitcoins like you. I recharge my 4g with bitcoin whenever my net pack gets finished as there is no other ways of spending bitcoins for me. I don't know if slow transactions can be a problem but mostly people does not know about bitcoin that is why no one tries to use it.

Well fortunately my wallet where i keep bitcoins allow me to do a lot of things not only to recharge my phone. I can do online payments already like water and electricity bills though my wallet automatically converts the bitcoin i have to local currency whenever i use it to make all these payments. Also transferring money from my wallet to another with bitcoin just made money transfer a lot quicker and easier.

 
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markyminer
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January 19, 2017, 08:53:35 PM
 #906

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.

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January 19, 2017, 09:08:23 PM
 #907

Apart from using bitcoin or other cryptocurrencies in the shops, in my country, there are nearly no people who know what is bitcoin or satoshi. Of course, I want to use bitcoin while buying something but this idea is practically impossible in the near future. I read a post in the local section of this forum. Someone has opened a shop where you can use bitcoin in my country and this is only one shop where you can use bitcoin at whole my country and nearly 1250 km far away from my home Smiley
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January 19, 2017, 09:11:20 PM
 #908

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.
You have to stop thinking about walking into a shop and paying with bitcoin because it won't happen, you may find the odd shop accepting it but never mainstream because no shop is going to hold up customers while waiting for your transaction to confirm.

What country are you in?
I am sure if you look you will find more things you can purchase online besides phone credit. A lot of people including myself pay bills with btc now.

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January 20, 2017, 03:06:26 AM
 #909

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.
You have to stop thinking about walking into a shop and paying with bitcoin because it won't happen, you may find the odd shop accepting it but never mainstream because no shop is going to hold up customers while waiting for your transaction to confirm.

What country are you in?
I am sure if you look you will find more things you can purchase online besides phone credit. A lot of people including myself pay bills with btc now.
It's possible if we do not use online transaction and have our own physical bitcoin coins, but I don't think it would be possible and it's still hard for the local shops to deposit that amount or convert into fiat. Please, let us accept the real situation now, bitcoin is very effective as currency for online transaction, so we must enjoy its benefits.

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bitkilo (OP)
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January 20, 2017, 03:30:46 AM
 #910

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.
You have to stop thinking about walking into a shop and paying with bitcoin because it won't happen, you may find the odd shop accepting it but never mainstream because no shop is going to hold up customers while waiting for your transaction to confirm.

What country are you in?
I am sure if you look you will find more things you can purchase online besides phone credit. A lot of people including myself pay bills with btc now.
It's possible if we do not use online transaction and have our own physical bitcoin coins, but I don't think it would be possible and it's still hard for the local shops to deposit that amount or convert into fiat. Please, let us accept the real situation now, bitcoin is very effective as currency for online transaction, so we must enjoy its benefits.
There is already a company working on a similar idea:
https://btcmanager.com/news/finance/bitcoin-gone-physical-the-satoshium-alternative/

Quote
It’s early 2017. Thomas Hartman and Alex Kravets find themselves entrenched in a bold endeavor based on the following belief; Bitcoin, to become mainstream as a global transaction and savings medium, must be physical

millgates
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January 20, 2017, 03:56:21 AM
 #911

Apart from using bitcoin or other cryptocurrencies in the shops, in my country, there are nearly no people who know what is bitcoin or satoshi. Of course, I want to use bitcoin while buying something but this idea is practically impossible in the near future. I read a post in the local section of this forum. Someone has opened a shop where you can use bitcoin in my country and this is only one shop where you can use bitcoin at whole my country and nearly 1250 km far away from my home Smiley
I think we can easily use bitcoin in some countries which regulated bitcoin. In USA we can use bitcoin to buy the product of microsoft. Also bitcoin can be used for pay service in some website.
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January 20, 2017, 03:58:18 AM
 #912

Apart from using bitcoin or other cryptocurrencies in the shops, in my country, there are nearly no people who know what is bitcoin or satoshi. Of course, I want to use bitcoin while buying something but this idea is practically impossible in the near future. I read a post in the local section of this forum. Someone has opened a shop where you can use bitcoin in my country and this is only one shop where you can use bitcoin at whole my country and nearly 1250 km far away from my home Smiley
YOu have to accept that truth pro. Leaving in the place where only you are the stranger are kindly hard. However, when they realize what Bitcoin is, you will be the only one succeed in Bitcoin. If you can not use your Bitcoin in the real world, you can try to use Bitcoin on the Internet and you will find that there are many interesting things to buy online

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andrei56
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January 20, 2017, 04:29:33 AM
 #913

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
The same happens in my country there is not much to buy in my country with bitcoin, but there are a significant amount of digital products you can buy in the forum or in other places.
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January 20, 2017, 04:38:53 AM
 #914

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
The same happens in my country there is not much to buy in my country with bitcoin, but there are a significant amount of digital products you can buy in the forum or in other places.

So we are almost the same usage on how we are spending in bitcoins that's why every time I want to spend bitcoins, I don't have choice but to sell it with fiat. And by that way I'm thinking that I'm spending bitcoins in terms of fiat money, because it originates from the bitcoins that I got to sell from the exchange but I hope that I can use it directly for buying things that I want.

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January 20, 2017, 02:44:38 PM
 #915

Apart from using bitcoin or other cryptocurrencies in the shops, in my country, there are nearly no people who know what is bitcoin or satoshi. Of course, I want to use bitcoin while buying something but this idea is practically impossible in the near future. I read a post in the local section of this forum. Someone has opened a shop where you can use bitcoin in my country and this is only one shop where you can use bitcoin at whole my country and nearly 1250 km far away from my home Smiley
I think we can easily use bitcoin in some countries which regulated bitcoin. In USA we can use bitcoin to buy the product of microsoft. Also bitcoin can be used for pay service in some website.
i think bitcoin is still not regulated in USA but still people are using it, may be because the government also not yet turn it as illegal activity, but it is a fact that in USA and in brazil there are some shops who are accepting bitcoin for shopping, but still such facilities are not available in most of the areas, may be because that the users of bitcoins are not too much there.
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January 21, 2017, 03:46:33 AM
 #916

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Unfortunately, in my country, too, is almost impossible to buy goods for Bitcoin. But if you try, you can find the necessary shops.
At a time when Bitcoin was expensive, I spent it on buying some things
This is a problem in spending bitcoin, but it is also good opportunity to get a lot of bitcoin from the people who wants to buy goods using bitcoin. If anyone here have big capital, it is a good chance for him.


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bitkilo (OP)
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January 21, 2017, 04:54:05 AM
 #917

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Unfortunately, in my country, too, is almost impossible to buy goods for Bitcoin. But if you try, you can find the necessary shops.
At a time when Bitcoin was expensive, I spent it on buying some things
This is a problem in spending bitcoin, but it is also good opportunity to get a lot of bitcoin from the people who wants to buy goods using bitcoin. If anyone here have big capital, it is a good chance for him.
What your saying really makes no sense to me,  what chances are you talking about for someone with big capital?
Just about every company in the bitcoin space is looking for ways to make purchases using bitcoin easier and more efficient for merchants.

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January 21, 2017, 06:04:17 AM
 #918

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.

I can relate on mobile phone loading which i spend using btc converted to my country currency, which is part of my online wallet menu. Today in my country there's no specific years planned on when it will be implemented to stores that accepts btc spending, so that online wallet can be a debit card for those shoppers at mall and at any shops in my local area.

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January 21, 2017, 06:34:29 AM
 #919

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Unfortunately, in my country, too, is almost impossible to buy goods for Bitcoin. But if you try, you can find the necessary shops.
At a time when Bitcoin was expensive, I spent it on buying some things

I think the local exchanges that we are using are the same with the service that they are giving us. I just want to use bitcoin for buying goods and anything that I want to order. But it may not be happening today but in the near future I think that there are businessmen that will see the possibility of bitcoin as a good way of investing their money and helps us to spend bitcoin for real.



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Rainbot
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January 21, 2017, 07:40:58 AM
 #920

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Unfortunately, in my country, too, is almost impossible to buy goods for Bitcoin. But if you try, you can find the necessary shops.
At a time when Bitcoin was expensive, I spent it on buying some things

I think the local exchanges that we are using are the same with the service that they are giving us. I just want to use bitcoin for buying goods and anything that I want to order. But it may not be happening today but in the near future I think that there are businessmen that will see the possibility of bitcoin as a good way of investing their money and helps us to spend bitcoin for real.
Bitcoin is acceptable anywhere in the world as long as there are merchants that support it, however we would be glad if such online stores are located in our country so we will not have to pay the big shipping fee, it's one of the problem why I do not often shop online. I hope, just like everyone else are hoping that we could see merchants that accepts bitcoin in our respective countries so we can finally experience the convenience of online shopping.

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