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Author Topic: Spending Bitcoins  (Read 101036 times)
Fredomago
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February 06, 2017, 05:24:02 AM
 #1001

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.

well that's right and history well just repeat itself those things that already been enjoyed by well grown countries will also be adopted with third world countries like ours, i also wanted to see those features and be used all those luxury that has been offered in other countries if bitcoin will be more popular everything will be just fine for us just like having credit card in forms of btc system.

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February 06, 2017, 08:18:36 AM
 #1002

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,
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February 06, 2017, 02:22:20 PM
 #1003

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.

Yeah it is a great thing if some country implement this bitcoin ATM but are you sure that many peolle holding their btc a lot enough to spend it on real life? May be for some people that have good amount is great but for others? What do you think if they have some fee on withdrawing it? Instead of giving some interest like usual bank, I think they will put some higher fee when we withdraw from their ATM
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February 06, 2017, 02:34:55 PM
 #1004

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.

Yeah it is a great thing if some country implement this bitcoin ATM but are you sure that many peolle holding their btc a lot enough to spend it on real life? May be for some people that have good amount is great but for others? What do you think if they have some fee on withdrawing it? Instead of giving some interest like usual bank, I think they will put some higher fee when we withdraw from their ATM
The bitcoin ATMs are not from usual banks so there would be no interest provisions from these banks for the account holders.

They are just a way to spend bitcoins easily. When we are having more number of bitcoin accepting merchants, there will be less significance and requirement for bitcoin ATMs. But as of now bitcoin ATMs work as free advertisements for bitcoin ecosystem.

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February 06, 2017, 02:53:00 PM
 #1005

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,

This is the problem in many countries because Bitcoin is still not enough accepted by the merchants. But maybe the solution for you could be Bitcoin debit card. Thus you wouldn't have to worry if shop accepts Bitcoins or not, you can pay everywhere where Visa or Master card is accepted, depending on the issuer, and you could buy whatever you want.

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February 06, 2017, 02:59:45 PM
 #1006

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,

This is the problem in many countries because Bitcoin is still not enough accepted by the merchants. But maybe the solution for you could be Bitcoin debit card. Thus you wouldn't have to worry if shop accepts Bitcoins or not, you can pay everywhere where Visa or Master card is accepted, depending on the issuer, and you could buy whatever you want.

Thats true. But I use bitcoin every two weeks to use in my personal needs. I hope many bitcoin merchant will go in my country to be able to use it directly rather than converting it to fiat to be able to use it. Its more convenient and need less time and hassle.
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February 06, 2017, 04:18:06 PM
 #1007

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,
i think it is not only your problem as most of the people are facing such problems, as i my self facing that problem, but i think it is our duty to introduce bitcoin in our area. because as soon as the number of bitcoin users will more the shopkeepers will also tend to accept bitcoin for shopping . as we can see that those area where the users of bitcoin are greater in number there the number of shops who accept bitcoin are also greater.
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February 06, 2017, 05:17:17 PM
 #1008

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,
i think it is not only your problem as most of the people are facing such problems, as i my self facing that problem, but i think it is our duty to introduce bitcoin in our area. because as soon as the number of bitcoin users will more the shopkeepers will also tend to accept bitcoin for shopping . as we can see that those area where the users of bitcoin are greater in number there the number of shops who accept bitcoin are also greater.

I have the same problem. But I want to help Bitcoin community and open a store in which it will be possible to pay Bitcoins. It will promote Bitcoin in my region.
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February 06, 2017, 07:14:57 PM
 #1009

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.

As you there are several people waiting to bitcoin to cross the old rate that bitcoin has achieved in the begining, those investors will have an opportunity to recover their investment if they didnt sold their coins. I do pretend to start saving my income from signatures and trading this year, it will be my extra savings, but if i saw a promotion i might use my bitcoins to buy something as long they accept bitcoin otherwise ignore and hold.
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February 06, 2017, 08:23:37 PM
 #1010

I cannot used bitcoin everyday, because bitcoin in my country is not that popular yet in the public places here. There are only few merchants accepted bitcoin which is located only at civilized place. So bitcoin is useful to me every week. Then through remittances, banks, I can en cash it,

This is the problem in many countries because Bitcoin is still not enough accepted by the merchants. But maybe the solution for you could be Bitcoin debit card. Thus you wouldn't have to worry if shop accepts Bitcoins or not, you can pay everywhere where Visa or Master card is accepted, depending on the issuer, and you could buy whatever you want.

Thats true. But I use bitcoin every two weeks to use in my personal needs. I hope many bitcoin merchant will go in my country to be able to use it directly rather than converting it to fiat to be able to use it. Its more convenient and need less time and hassle.
yeah currently we can use our bitcoin for online shopping and i also hope that we can be use our bitcoin for direct shopping in local merchant in the near future because a lot of people believe in bitcoin and they adopting bitcoin.
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February 06, 2017, 10:22:34 PM
 #1011

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 .

I don't agree with you my friend. Spending at shops with bitcoins is also impossible in my country. But this does not means bitcoin has no potential. I am sure that one day when bitcoin is common in the world, even in your country you can directly spend your bitcoins at the markets, at the shops or even in the federal system.
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February 06, 2017, 11:35:23 PM
 #1012

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 .

I don't agree with you my friend. Spending at shops with bitcoins is also impossible in my country. But this does not means bitcoin has no potential. I am sure that one day when bitcoin is common in the world, even in your country you can directly spend your bitcoins at the markets, at the shops or even in the federal system.

I thought that there are already some stores that are accepting bitcoins in your country? Yes even there are no stores that don't accept bitcoin, don't misjudge it that it doesn't have potential because I know that there are some local exchange in your country and that signifies that bitcoin has potential in your country, you can spend your bitcoins upon availing the services of your very own exchange.



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February 06, 2017, 11:39:47 PM
 #1013

It has potential for online stores where it's already used sometimes, in my daily life it would be hard to make a use for it since transactions are never instant and we walk into problems such as high fees for a normally timed transaction.
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February 06, 2017, 11:41:55 PM
 #1014

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.
I do not know the workings of bitcoin ATM because I've never tried. but if you can withdraw cash from an ATM bitcoin, of course it would be helpful to the process of spending
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February 07, 2017, 03:35:11 AM
 #1015

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.
I do not know the workings of bitcoin ATM because I've never tried. but if you can withdraw cash from an ATM bitcoin, of course it would be helpful to the process of spending
Time will come we can have that in our country, it's one way of making the public know about bitcoin. With bitcoin ATM, it's like a normal banking system where whenever we need money we just withdraw from an ATM. For now, based on my experience, I don't see it as necessary because when I want to cash out my bitcoin I just withdraw it from my exchange site with ease.

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February 07, 2017, 04:17:01 AM
 #1016

It has potential for online stores where it's already used sometimes, in my daily life it would be hard to make a use for it since transactions are never instant and we walk into problems such as high fees for a normally timed transaction.
Yes, for me spending bitcoin in online shop is easier because it is a bit hard to find merchant in countries which still not accept bitcoin. Americans already regulates the use bitcoin so many merchants who accept bitcoin in Sanfransisco city, los angeles, new york city, Kansan city, and dallas. so users can easily spending bitcoin in those city


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pinkpanther03
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February 07, 2017, 05:02:41 AM
 #1017

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.


Not all nation right now is not that familiar with bitcoin so far, And it depends on the country maybe due to there is country in which bitcoin is very much welcome like in Australia, and China so on and so fort. Lucky for me that I can pay my bill via bitcoin, how? we have one of the merchants here accepted bitcoin were you can pay the bill for, water, electric, etc. I guess one day in your place someone will also accept bitcoin like my case here in my country.
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February 07, 2017, 05:46:47 AM
 #1018

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.


Not all nation right now is not that familiar with bitcoin so far, And it depends on the country maybe due to there is country in which bitcoin is very much welcome like in Australia, and China so on and so fort. Lucky for me that I can pay my bill via bitcoin, how? we have one of the merchants here accepted bitcoin were you can pay the bill for, water, electric, etc. I guess one day in your place someone will also accept bitcoin like my case here in my country.

Yes there are restrictions for different countries. Just yesterday evening I was trying to withdrew one of my funds from a certain wallet but somehow I was unable to. Later that night I discovered my VPN is open but didnt know to which countrt my IP is using. This events tells that some parts of the world are still not having access with bitcoin.

When I took the VPN off the transaction continued.
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February 07, 2017, 06:32:55 AM
 #1019

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.


Not all nation right now is not that familiar with bitcoin so far, And it depends on the country maybe due to there is country in which bitcoin is very much welcome like in Australia, and China so on and so fort. Lucky for me that I can pay my bill via bitcoin, how? we have one of the merchants here accepted bitcoin were you can pay the bill for, water, electric, etc. I guess one day in your place someone will also accept bitcoin like my case here in my country.

Yes there are restrictions for different countries. Just yesterday evening I was trying to withdrew one of my funds from a certain wallet but somehow I was unable to. Later that night I discovered my VPN is open but didnt know to which countrt my IP is using. This events tells that some parts of the world are still not having access with bitcoin.

When I took the VPN off the transaction continued.
The reason why you cannot withdraw your bitcoins from your wallet is not because bitcoin is not accepted around the world but the rather the site you are using is not accessible to the country that your vpn is set. Many web wallet sites or exchangers have only a selected country that they are available outside of those countries you can no longer access those sites or make a transaction.
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February 07, 2017, 03:04:54 PM
 #1020

Me? I spend bitcoin for some loads. But actually I want to try in online because there's some online shops accepts it. But some of them should be converted to Paypal, thats why its hard to but online. But as much as possible I just keep it in my wallet. Smiley

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