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Author Topic: Spending Bitcoins  (Read 101036 times)
carlerha
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March 13, 2017, 10:18:46 PM
 #1181

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.


Even here in my country there few merchant who accepted bitcoin here, also people are not quite familiar with it.  But in some other form of payment through merchant who  accepted bitcoin here bitcoin user had a chance to send money to their love ones, friends, and family, and can also do payment in billings,and can transfer money from bitcoin to bank.

Exactly, At present, there is no direct option for payments through bitcoin, either we have to convert bitcoin to fiat currency and we can easily pay our bills. Because most of the merchants even don't know what is bitcoin here in our country also, so right now in the present situation directly we cannot pay anything with bitcoin. The only option we have to convert them to fiat.
Same with my country we can use easily bitcoin to pay our utility bills online than wasting money for gas we don't needs to convert our bitcoin when we really want to save it we can use our web wallets to restored our bitcoin where there are chance to earn more profit just holding them. Let's wait for serveral years and lets see what happen to our economices
to me in my country we have very little chance of using bitcoin, we only have the facility to use it for recharging our mobile but still i am confident and hope that in future we will be able to use bitcoin for so many other things even in our local shops.
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March 14, 2017, 07:48:20 PM
 #1182

Yeah I agree that's actually a really big problem in my country also there are basically no local or online stores where we can buy using bitcoins luckily I found a few traders on local bitcoin buying at a higher rate. And normally we don't see any stores which accept gold for making payments so it kind of makes sense.
There are some local stores now that accepting bitcoin as payment method here in my country there are actually working on it starbucks is one of them are other online stores that accept bitcoin but if theres an sm supermarket that will accept bitcoin as payment method then that would be great for sure to anyone who using bitcoin.

Many people can not use their bitcoins for this reason. But I hope that soon the situation will change and there will be a lot of shops where they accept crypto currency
I would like for that too, but with the recent increase in fees and the long time it may take to get a confirmation bitcoin does not seems ready to become a currency we can use in our every day lives, but it is a fantastic financial tool that allow us to get great profits.

People who really wants to spend it will find many ways to spend it either directly or indirectly by converting them to fiat currency but those who are treating it as a pure investment will only sell or spend them when they are satisfied with the price or else will prefer to simply hold them without doing anything.
Spending bitcoin indirectly, like with a debit bitcoin card, is not spending bitcoins, you are just converting your coins to fiat so I don’t consider those types of payments as using bitcoin at all, and right now bitcoin is very slow to get confirmations.
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March 14, 2017, 10:12:10 PM
 #1183

Yeah I agree that's actually a really big problem in my country also there are basically no local or online stores where we can buy using bitcoins luckily I found a few traders on local bitcoin buying at a higher rate. And normally we don't see any stores which accept gold for making payments so it kind of makes sense.
Yeah, for us it's better to keep our coins or exchange them to our fiat money. I have the same situation that we only have methods to pay online or turn   Bitcoin in to our currency by exchanges. Better to wait for it, but in some countries this process can be so long as in my country
in current time i am not in favour of spending bitcoin or investing it in any other business, because to me i think if a person simple hold bitcoin, still he can get a good profit from bitcoin.

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March 15, 2017, 01:51:08 AM
 #1184

Well if bitcoin is still not accepted as a form of payment in your own country or community, you can still exchange it into you own currency, right? I just noticed that most companies that accept bitcoin are those that advertise their goods on the internet. But I know its not very soon until they adapt this new kind of currency.
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March 15, 2017, 02:41:42 AM
 #1185

Well if bitcoin is still not accepted as a form of payment in your own country or community, you can still exchange it into you own currency, right? I just noticed that most companies that accept bitcoin are those that advertise their goods on the internet. But I know its not very soon until they adapt this new kind of currency.
I do not think more companies adopt bitcoin as their payment/salaries or any forms specially for those company who are not engage in online. They just prefer to use paper money than bitcoin less hustle. But you are correct even your country not accepts bitcoin do not worry you can spend it by exchange it into fiat in your country.

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hoian0809
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March 15, 2017, 03:16:21 AM
 #1186

Yeah I agree that's actually a really big problem in my country also there are basically no local or online stores where we can buy using bitcoins luckily I found a few traders on local bitcoin buying at a higher rate. And normally we don't see any stores which accept gold for making payments so it kind of makes sense.
Yeah, for us it's better to keep our coins or exchange them to our fiat money. I have the same situation that we only have methods to pay online or turn   Bitcoin in to our currency by exchanges. Better to wait for it, but in some countries this process can be so long as in my country
in current time i am not in favour of spending bitcoin or investing it in any other business, because to me i think if a person simple hold bitcoin, still he can get a good profit from bitcoin.
I have been using up all my dollars on day to day expenses for years and slowly transferring all my saved income into bitcoin.
Cherylstar86
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March 15, 2017, 03:42:18 AM
 #1187

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.
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March 15, 2017, 05:32:53 AM
 #1188

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.
To be able to pay online is just an extra bonus for your convenience, the great thing really for bitcoin is it is a good investment and we should always be positive with it. Now is the time to risk our money for the future of bitcoin and minimize your spending, our mindset should be to earn and not to spend.

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March 15, 2017, 05:46:47 AM
 #1189

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.
I am glad to hear that your country has already accepted bitcoin for bills payment. I live in a country which Bitcoin is denied and no one even cares about it. There are only a few Bitcoin stores in my local area but it seems that they are not very profitable. Well, hope that the situation will change and more people will use bitcoin instead of Fiat





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sunsilk
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March 15, 2017, 05:50:39 AM
 #1190

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.

The same thing with my coins, I've been using it for paying bills and I'm happy on using it but that is just happening monthly.

And no more no less I'm not using my coins for the things that has nothing to do with my needs.

That's why I keep on storing and saving bitcoins as I can.

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March 15, 2017, 08:25:10 AM
 #1191

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.
I am glad to hear that your country has already accepted bitcoin for bills payment. I live in a country which Bitcoin is denied and no one even cares about it. There are only a few Bitcoin stores in my local area but it seems that they are not very profitable. Well, hope that the situation will change and more people will use bitcoin instead of Fiat
then you can be the pioneer, the first person who show how good bitcoin it is to peopole around you. don't wait until bitcoin become popular in your country but get start from yourself slowly , build a small business promote it with bitcoin inside .

the current problem are still on there few merchants accept bitcoin, make people hard to spend their bitcoin and choose to hold it all in the end.

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March 15, 2017, 08:37:22 AM
 #1192

In my country bitcoin spending on my personal bills payment is really usefull because if the prompt service that they have. It will bring comfort to me and most of the users online using the wallet options. Now is the time for profitable investment to do with digital currency and we are now in the greener pasture of success.
I am glad to hear that your country has already accepted bitcoin for bills payment. I live in a country which Bitcoin is denied and no one even cares about it. There are only a few Bitcoin stores in my local area but it seems that they are not very profitable. Well, hope that the situation will change and more people will use bitcoin instead of Fiat

If in your country already in shops take bitcoin, then this is a very good sign. More people will learn about crypto currency.
In my country, people are just starting to use this currency
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March 15, 2017, 08:40:30 AM
 #1193

My opinion is that once people sell stuff in bitcoin terms regardless of the price of bitcoins at the time, that's when bitcoin will really thrive as a cryptocurrency because the value is basically backed by merchants willing to sell stuff at a certain price.

But I don't think it's going to happen soon. Right now the best deal you can get is to buy direct with bitcoin, but with a fiat price tag still.

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March 15, 2017, 08:51:02 AM
 #1194

Spending bitcoin is not much popular. This needs to increase to make people buy stuffs directly with bitcoin without going for an third party or exchange to convert the bitcoin to fiat and go for the purchase.

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March 15, 2017, 02:36:26 PM
 #1195

Well if bitcoin is still not accepted as a form of payment in your own country or community, you can still exchange it into you own currency, right? I just noticed that most companies that accept bitcoin are those that advertise their goods on the internet. But I know its not very soon until they adapt this new kind of currency.

It's because bitcoin is more known in the Internet rather than the offline stores. Digital goods is much convenient when you're doing business with bitcoin because both of you can send the item instantly. Bitcoins sends in an instant, and a digital good is sent in an instant as well. Besides, what else is going to accept bitcoin first, of course the people that sell stuffs online.

I doubt that offline stores will start accepting bitcoins because it will be considered as a way to avoid tax by the government. Although of course it still depends on the country that you're in.

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March 15, 2017, 03:22:40 PM
 #1196

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.

In my country too, no such option of paying in bitcoin is available.I heard that xapo provides a bitcoin debit card.I dont know about the fees they charge.I just want to try it.

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March 15, 2017, 03:40:11 PM
 #1197

Here in my country spending bitcoins is through online by buying some stuffs, paying bills, and load for the phone. Its hard to spend bitcoins daily into store here because no merchant yet that accept bitcoin. There is need to spread the use of this digital currency so it will be accepted here through merchants.
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March 15, 2017, 03:53:13 PM
 #1198

Here in my country spending bitcoins is through online by buying some stuffs, paying bills, and load for the phone. Its hard to spend bitcoins daily into store here because no merchant yet that accept bitcoin. There is need to spread the use of this digital currency so it will be accepted here through merchants.
yes i think in most of the area we have the same problem. in my country we can also use bitcoin for online purposes only and may be there  is not more than 5 shops in all over the country where they accept bitcoin in local shops for shopping.
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March 15, 2017, 04:27:33 PM
 #1199

Here in my country spending bitcoins is through online by buying some stuffs, paying bills, and load for the phone. Its hard to spend bitcoins daily into store here because no merchant yet that accept bitcoin. There is need to spread the use of this digital currency so it will be accepted here through merchants.
yes i think in most of the area we have the same problem. in my country we can also use bitcoin for online purposes only and may be there  is not more than 5 shops in all over the country where they accept bitcoin in local shops for shopping.

In my country, I usually buy computer components with the bitcoin.
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March 15, 2017, 06:53:34 PM
 #1200

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.

In our country too, i dont find any shops accepting bitcoins.Every time, i had to convert my bitcoins into fiat in localbitcoins and then buy.It would take a long time for getting such benefits in our country.So, i have decided to buy a bitcoin debit card from providers like zapo rather waiting for bitcoin payments.
It is a shame but the same happens in my country there are no merchants that accept bitcoin at all, so I need to try workarounds to get some products with my bitcoin, fortunately purse.io is a good option for those that want products that can be found in amazon.
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