Spending Bitcoins

[geopolisch]

I want to save my bitcoins as a wallets and when i need for money then exchanged with our traders as a real money.

Absolutely, there is no use if you will just keep your bitcoin and you have no plan of cashing it out. However, if we really are investors, we have to aim to grow the value of our bitcoins, the current price surge would tell us not to sell and hold a little bit. There's a bigger profit that is waiting for us, we just have to be patient.

I see a lot of people having that idea and quit to be honest I personally thought that way for a long time but then I came to the realization that it be most profitable for us to be using bitcoin as method of payment rather than having to exchange it into fiat, there are other option like using bitcoin debit card but those take monthly fees, we want to use bitcoin when we ant and we here we want.

[hamiltonik]

I rarely spend Bitcoins for the reason that I now consider cryptocurrency as an investment. I plan to cash Bitcoin after 1 - 2 years.

[ufaiz50]

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.

you can use bitcoin wallet for your smartphone as a replacement of a debit card, in my city there are no stores accepting bitcoin payments and the country doesn't accept bitcoin as legal currency takes high risk to create a store that accepts bitcoin

[Ziskinberg]

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.

you can use bitcoin wallet for your smartphone as a replacement of a debit card, in my city there are no stores accepting bitcoin payments and the country doesn't accept bitcoin as legal currency takes high risk to create a store that accepts bitcoin

You do not just rely on bitcoin as your means to transact business, you can have a store that accepts fiat and bitcoin at the same time. I guess there would be no problem with that. I understand bitcoin in your country is not yet highly recognize, but it's about time to be positive, over time people will be aware, just believe on that to happen.

[mornabo]

Spending directly with bitcoins is not an option in india .people dont even know what is bitcoins and the price of bitcoins have gone down and i dont see so much potential in it .

the same as in the country, to conduct bitcoin direct spending, it will even sounds impossible. because there is no store that accepts bitcoin as a payment option
so usually we convert bitcoin to fiat for shopping

[cramcram21]

Well we can't really live with just bitcoin itself we also have to convert it first to Fiat,
then we could use it to buy any stuff that we want but who know's maybe someday we could use bitcoin as payment for everything.

[lienfaye]

Well we can't really live with just bitcoin itself we also have to convert it first to Fiat,
then we could use it to buy any stuff that we want but who know's maybe someday we could use bitcoin as payment for everything.

Yeah, currently thats how it works to be able to spend it. i usually spend my btc by loading my phone and paying my monthly bills, i have a friend accepting btc as payment she's selling pre loved clothes.

[doaremon]

As long as bitcoin is not introduced widely in a region or country you can't actually use it like fiat currency.Your option will be limited unless you convert it to any local currency. As I live in Bangladesh,I ain't sure if 10% people knows about it.So I have to buy things online where bitcoin is accepted either I need to exchange for Bangladeshi currency. For this I have to pay a good amount as fee for this exchange. As long as bitcoin is not adopted by mass population things will go like this.

[VTCutch]

Well we can't really live with just bitcoin itself we also have to convert it first to Fiat,
then we could use it to buy any stuff that we want but who know's maybe someday we could use bitcoin as payment for everything.

Yeah, currently thats how it works to be able to spend it. i usually spend my btc by loading my phone and paying my monthly bills, i have a friend accepting btc as payment she's selling pre loved clothes.

I hope that the stroke difficulties in using Bitcoin will soon cease to exist, and each of us can easily spend a Bitcoin.
Now these services are not yet very well developed

[wahb]

Well we can't really live with just bitcoin itself we also have to convert it first to Fiat,
then we could use it to buy any stuff that we want but who know's maybe someday we could use bitcoin as payment for everything.

yes most of the people are dong the same job. as bitcoin can be use as currency in very limited area. while in some area bitcoin is really using as fiat currency, as some shops accept bitcoin for shopping , but in majority of place bitcoin the facilities are not available to use bitcoin for shopping in local shops.

[ChrisPop]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

[grandy]

Well we can't really live with just bitcoin itself we also have to convert it first to Fiat,
then we could use it to buy any stuff that we want but who know's maybe someday we could use bitcoin as payment for everything.

yes most of the people are dong the same job. as bitcoin can be use as currency in very limited area. while in some area bitcoin is really using as fiat currency, as some shops accept bitcoin for shopping , but in majority of place bitcoin the facilities are not available to use bitcoin for shopping in local shops.

in current time i am not going to sell my bitcoin because the price of bitcoin is increasing too much and very soon the price of bitcoin can every cross 1200 USD level therefore i even cannot think about spending my bitcoin.

[emezh10]

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.

If it's hard to use bitcoin directly used it in other thing . Like i am doing , i use coin,ph an app to convert bitcoin , pay bills or convert it as a load. It's a wallet at a same time so you can save money there. Or in your case you can trade bitcoin to money to use it somehow And i suggest you no to rush spending your bitcoin. If you have time invest it to earn more or start trading . If you earn more , in the future no doubt that there's a time that more business and companies will be open on accepting bitcoin that's the you can spend well.

[bitkilo]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

Bitcoin ATM's a great to help get a bit of public awareness and help a few people get there first coins but the markup some of these machines charge for the convenience means that most people soon either stop using bitcoin or get more involved and find an exchange to purchase btc from.

[sunsilk]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

Spending does really need to be done by most of us because that helps the adoption of bitcoin. And what do you think if most of us will just hold?

There are probably 2 results that will happen, death of bitcoin and total wipe out of its popularity or demand of bitcoin will increase.

And that's a good indication that there are bitcoin people in your neighborhood because of those bitcoin ATM.

[megynacuna]

It needs not only a plastic card. Need the terminal to read it. At this time that read right now probably will not work?

Very true but having Bitcoin ATM's around kinda solves a chunk of the issue and we should be proud to belong to the ever developing ecosystem. So hopefully we will get your plastic card in the future.

[Ziskinberg]

It needs not only a plastic card. Need the terminal to read it. At this time that read right now probably will not work?

Very true but having Bitcoin ATM's around kinda solves a chunk of the issue and we should be proud to belong to the ever developing ecosystem. So hopefully we will get your plastic card in the future.

The progress continues with bitcoin, it's popularity will raise the interest of the capitalist to start their business integrating bitcoin on it. I like to see ATMs in our country as well but it's not yet so popular here. The future looks good and we just have to be patient enough so we can be here longer, in due time we can experience what benefits big countries are enjoying already.

[Strongkored]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

So you can more easy to spending your Bitcoin on Bitcoin ATMs, I have heard about Bitcoin ATMs but didn't see around my City, it will be more helpful if I can spend my Bitcoin with Bitcoin ATMs. Bitcoin ATMs will make Bitcoin more popular because people still don't have attention to Bitcoin will change their mind to use Bitcoin because of Bitcoin more easy to spent.

[bitkilo]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

So you can more easy to spending your Bitcoin on Bitcoin ATMs, I have heard about Bitcoin ATMs but didn't see around my City, it will be more helpful if I can spend my Bitcoin with Bitcoin ATMs. Bitcoin ATMs will make Bitcoin more popular because people still don't have attention to Bitcoin will change their mind to use Bitcoin because of Bitcoin more easy to spent.

Bitcoin ATM's have nothing to do with spending bitcoins, they are only helpful in acquiring bitcoins.
Some machines are 2 way and allow you to sell coins as well but thats exchanging not spending.

[Japinat]

I agree with you,in order to increase bitcoin popularity,price and volume we need to get more businesses to accept it as a payment method. In my city I don't think there are any shops that adopted it. But the good part is that I see more and more bitcoin ATMs being installed in almost every neighbourhood.

So you can more easy to spending your Bitcoin on Bitcoin ATMs, I have heard about Bitcoin ATMs but didn't see around my City, it will be more helpful if I can spend my Bitcoin with Bitcoin ATMs. Bitcoin ATMs will make Bitcoin more popular because people still don't have attention to Bitcoin will change their mind to use Bitcoin because of Bitcoin more easy to spent.

Bitcoin ATM's have nothing to do with spending bitcoins, they are only helpful in acquiring bitcoins.
Some machines are 2 way and allow you to sell coins as well but thats exchanging not spending.

That's true, but the presence of bitcoin will help to spread awareness that we are aiming. When people see there's plenty of ATM machine that serves  for withdrawals and deposits, then it would make them aware that there is another alternative way to transact.
That awareness will make them interested about bitcoin and we can prove the number of supporters are real and the system is legitimate.

Honestly, I have not seen a bitcoin ATM in our country, but if ever, I would like to have that same features like I mentioned above.