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Author Topic: Spending Bitcoins  (Read 101038 times)
calandra78
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October 27, 2017, 12:49:49 PM
 #1501

for me if I had a choice then I would be more than happy to keep it because it will be useful for my future life later, because the value will be increased every year, and when I have a bitcoin then I too will definitely interested to spend it some in order to meet the needs and settle payments do not forget also to havin ' happy together with family but anyway I save some for safekeeping. Grin
 
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October 27, 2017, 03:04:01 PM
 #1502

I suggest to keep keep bitcoin for a long time, I say so because bitcoin prices will continue to be expensive because of limited stock while demand continues to rise.
well if we are going to put bases on the last past year we can all see that bitcoin is really rising .and it its now really on top .that is why if we are going to put bases to the past maybe spending bitcoin today will be a big loose for tommorow and it is really a huge looses .in case if we have many btc i think we must save btc for the next coming year.

I agree with that.  The chart clearly shows that the price of bitcoin continue to rise and I believe that it will continue to rise even more. Spending bitcoins today especially if not needed will only be a loss.  Many people are getting interested to bitcoin now,  they are starting to recognize it now which may result to increase of bitcoin demand.  Earning bitcoin is not as easy as what other people thinks,  it demands time and effort.  We should think twice even thrice before deciding to spend it.

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October 27, 2017, 03:44:34 PM
 #1503

for me if I had a choice then I would be more than happy to keep it because it will be useful for my future life later, because the value will be increased every year, and when I have a bitcoin then I too will definitely interested to spend it some in order to meet the needs and settle payments do not forget also to havin ' happy together with family but anyway I save some for safekeeping. Grin
 
- If you own a large amount of Bitcoin, holding would be a safe choice and helping you have a great source of income after a waiting period but if not, holding also does not bring you too much benefit. Personally, I do not like holding bitcoin because I feel this is quite a waste of time, I like spending my bitcoin on things such as investing and trading because I want my money make money and continue to make more money, I want to get rich from bitcoin, so I never wasted my Bitcoin for silly things unless it's an emergency


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sumanto
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October 27, 2017, 03:49:53 PM
 #1504

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.


probably because snacks are too cheap so there is no need to use bitcoin, maybe bitcoin is used for purchases around the price of more than $ 5, I also often use the above $ 5 payments using bitcoin.
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October 27, 2017, 04:17:08 PM
 #1505

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.

Bitcoin is not widely use in our country and only few people for now are using bitcoin as their payment on their online purchase. For me I use bitcoin as payment on my monthly internet bill. I use to buy load also using bitcoin.Maybe someday a lot of people will gonna use bitcoin as payment of their online orders.
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October 27, 2017, 09:03:29 PM
 #1506

All months i do spend a tiny portion of my bitcoins, but i do spend those online getting a new domain or host for some project that camed to my mind, and i wanna to realize it. Outside online i havent yet used bitcoin for anything else, im considering to use my bitcoin only at 2020 wich i believe the price will be 10000 dollars or even more, allowing me to buy a decent car or maybe buy a house.
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October 28, 2017, 05:42:15 AM
 #1507

I think spending bitcoin is not a good idea.  As the value of bitcoins now fluctuates so there are chances that it may go further.  Bitcoin prices are now $6000 there are chances that this price will go on increasing.  So spending bitcoin is not a good idea.  If you in urgency I will suggest to sell some portion rather than to sell the whole.  Bitcoin is in whole and fraction both.  So I will suggest to sell a small fraction and keep the rest for future. Cryptocurreny is already new and is turning everyday, nothing is predictable in case of bitcoin.

Spending all of your coin is not something wise to do, due to the current state of price, it is like really promising future that you can get. But how about if you combine it with some trading, I believe the value of the coin will still there in case you sell or used some of your coin. Most people sell every coin they have but they do not withdraw everything, only some part of it. I think this will do since there is always smooth when withdraw on own exchanger
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October 28, 2017, 06:36:52 AM
 #1508

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.

I think it is better to save our bitcoins than to spend it. Spending bitcoin is like wasting a money, so it is better if we save our bitcoins because there is a big possibilities that the price of the bitcoin will increase.
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October 28, 2017, 09:02:11 AM
 #1509

There a lot of vendors which van help bitcoin users to spend their bitcoin, we can buy goods from amazon through purse. Io. Amazon is not directly accept bitcoin but the vendors will manage the transaction for them, so amazon only recieve fiat.  Wink
Yea now some local vendors started to accept bitcoins, if we buy or pay any bills they will take that money in the form of bitcoins. so we can buy things from direct paying bitcoins but not in all countries. i think only in few countries this facility is there.
Yes most of that countries are the first world countries. They are already accepting bitcoin as a form of payment in some of their local stores. That is so good to hear because in third world countries like mine we can't spend bitcoin on the streets, transactions are always made online and we have to convert it first to local currency.
Yes bitcoin is mostly used in the first world countries because the living standard there is different and in those regions people and stores are accepting bitcoin as payment and more of stores are accepting and the well known store amazon is accepting bitcoin as payment so there are a lot of ways to spend your bitcoin and you can shop from any online store whole sitting at home via bitcoin and that’s the ease.

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October 28, 2017, 11:27:52 AM
 #1510

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.

I think it is better to save our bitcoins than to spend it. Spending bitcoin is like wasting a money, so it is better if we save our bitcoins because there is a big possibilities that the price of the bitcoin will increase.

Well if there are no circumstance that requires it, yeah i agree with you. If you have other sources of money for your spendings, then its better to use that instead of btc. If it's possible, i'd only spend btcs during emergency situations

 
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October 28, 2017, 11:58:19 AM
 #1511

Spending maybe a half of my bitcoin only..i save bitcoin for my future purpose only Smiley Wink Kiss
Spending of Bitcoins is something which I believe most of the investors and traders of Bitcoin will not appreciate as well as my own self. Spending of Bitcoin actually means that you are wasting your own money with your very own hands.

There is no point of spending Bitcoin till the time it becomes very much necessary. You need to be very much wise and smart in deciding this thing. I will advise’ you not to spend your Bitcoins, rather save your Bitcoins for more profit.
That is the reason why we need to take another source of income or another job that can sustain daily needs and do not depends so much in biycoin because holding bitcoin is more profitable for long time. I believe that all investors in bitcoin is also investors of other assets in real state and having own business to manage while growing their money in crypto world.

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October 28, 2017, 01:34:02 PM
 #1512

I do not think bitcoin should be used as a tool for spending every day, with a service that received bitcoin is also very good for me, for example there are many sites in every country that open service to pay bills and receive payment with bitcoin it is very helpful for my life.

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October 28, 2017, 01:36:42 PM
 #1513

I do not think bitcoin should be used as a tool for spending every day, with a service that received bitcoin is also very good for me, for example there are many sites in every country that open service to pay bills and receive payment with bitcoin it is very helpful for my life.
I agree, there are times that people spend bitcoin for vacation and i saw some post here claiming that he went out of the country using bitcoin but i forgot what country he went in, i still prefer using bitcoin as an speculative investment rather as cash.

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October 28, 2017, 02:48:02 PM
 #1514

To be able to use my earnings on bitcoin in our country, i need to transfer it first to fiat because there are no POS available for transacting a bitcoin currency for exchange.
There are many states where bitcoin is not legal yet and this is nothing strange or troublesome as such. You can easily convert bitcoin into local currency and use it as far as it is giving you great profit. The way bitcoin is helping us, I believe we should not consider such minor things as problem for using bitcoin. Personally I think we should not keep spending bitcoin uselessly here and there.
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October 28, 2017, 03:21:29 PM
 #1515

To be able to use my earnings on bitcoin in our country, i need to transfer it first to fiat because there are no POS available for transacting a bitcoin currency for exchange.
It is not only you who spends his bitcoin in a way like this but there are so many others as well. Most of the countries don’t support this thing and the owners of the bitcoins need to convert them into paper money first. For me, spending of bitcoin is just like wasting your bitcoins. There is nothing in this world which is having that much of worth as bitcoin has. So we need to be very careful while spending our bitcoins.
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October 28, 2017, 04:04:00 PM
 #1516


I think someday I will spend a bit of Bitcoin that I have but for the moment I just want to collect bitcoin for my future. Anyone who spends his money just to get drunk will hurt himself and I use bitcoin to make money and I use bitcoin with a wonderful purpose to please my parents.
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October 28, 2017, 04:19:45 PM
 #1517


I think someday I will spend a bit of Bitcoin that I have but for the moment I just want to collect bitcoin for my future. Anyone who spends his money just to get drunk will hurt himself and I use bitcoin to make money and I use bitcoin with a wonderful purpose to please my parents.

For me I will also hold my bitcoin and continue to save.  I want to spend my bitcoin in a good way like investing it, buying stocks and mutual funds.  I will also want to put up a business of my own.  Bitcoin is too precious and I will not use it to any wasteful act.

 
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October 29, 2017, 04:32:05 AM
 #1518

Bitcoin is not widely use but  there are people spent bitcoin in store or online payment to buy a good stocks.but for me
I have to convert bitcoin to money to be able to make use of it for my daily expenses.

Well bitcoin is not that acceptable for now since many countries are still not accepting bitcoin, yes you can spend your bitcoin thru online most of the time and personally I need to convert also my btc into fiat money so i can buy the things I want, but since we have a good platform of wallet we can easily use our btc to transact for our payments online.
In my country we are using bitcoin easily it work in any departmental store I f want to buy anything online you can also buy actually it’s a digital currency and it must be work anywhere that what’s I believe about bitcoin and know bitcoin can be used in any restore or hotels as well it’s one of the best currency with fast transition.
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October 29, 2017, 04:39:29 AM
 #1519

Bitcoin is not widely use but  there are people spent bitcoin in store or online payment to buy a good stocks.but for me
I have to convert bitcoin to money to be able to make use of it for my daily expenses.

Well bitcoin is not that acceptable for now since many countries are still not accepting bitcoin, yes you can spend your bitcoin thru online most of the time and personally I need to convert also my btc into fiat money so i can buy the things I want, but since we have a good platform of wallet we can easily use our btc to transact for our payments online.
In my country we are using bitcoin easily it work in any departmental store I f want to buy anything online you can also buy actually it’s a digital currency and it must be work anywhere that what’s I believe about bitcoin and know bitcoin can be used in any restore or hotels as well it’s one of the best currency with fast transition.
well, your country has very good progress. so, bitcoin can be easily used. but, in my country, it's hard to do that without switching bitcoin into fiat currency. and I'm sure, there are still many countries like that.

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October 29, 2017, 06:28:02 AM
 #1520

Yes spending bitcoins is not necessary for me because i have to save it for my investments and for my future plans Kiss
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