skarais
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November 02, 2017, 12:07:37 PM |
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Chances are I'll use bitcoin to shop to buy something I want and of course to buy food. I would also buy things like mattresses,sofas,chairs or maybe some furniture I need and most people spend a lot of bitcoins to buy digital stuff. But I do not spend all my bitcoin,I only use 50% course. I save the rest for the next day if I need to buy something.
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supine
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November 02, 2017, 12:48:20 PM |
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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.
The good thing about my country is that most of the online shops accept bitcoin as payment. So, I never really had problems when it comes to using it to buy stuff like clothes, gadgets and accessories. Bitcoin is a great help.
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waynechong1995
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swing!
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November 02, 2017, 02:24:04 PM |
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The main reason i'm not using bitcoin even i could through debit card projects like Tenx or Monaco to be usable everyday, still the fluctuating price of bitcoin dis-encourage me to do so, you see bitcoin is still growing and every single satoshi giving away are precious these day thus spending in like fiat would be not wise i must say at least for now, from what i see bitcoin are used more on purchasing expensive machinery goods like mining machine which could be earn you even more money and that's another legit investment, retailers are spotting on such opportunities too and if bitcoin falls i doubt these payment gateway would be less popular among big retailers.
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Ziskinberg
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November 02, 2017, 06:46:42 PM |
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The main reason i'm not using bitcoin even i could through debit card projects like Tenx or Monaco to be usable everyday, still the fluctuating price of bitcoin dis-encourage me to do so, you see bitcoin is still growing and every single satoshi giving away are precious these day thus spending in like fiat would be not wise i must say at least for now, from what i see bitcoin are used more on purchasing expensive machinery goods like mining machine which could be earn you even more money and that's another legit investment, retailers are spotting on such opportunities too and if bitcoin falls i doubt these payment gateway would be less popular among big retailers.
For one in order to use bitcoin in his daily activities needs to be an investor which is not afraid of taking the risk. Although the price is fluctuating but you believe the price will rise in overall that would give you the advantage since the value of your money will grow, majority of people are still not using bitcoin because it's too risky but when they accept its nature they will eventually take the risk and enjoy using it.
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Gozie51
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November 02, 2017, 07:06:45 PM |
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Because bitcoin will grow in value and it would be foolish to spend it? If I were to spend a coin or token it would be one that I could get at the bottom but I know wouldnt go too far either. Some coin like Dogecoin where
you know it wont crush the world but it wont die out either..it seems like a good coin to speculating on for spending..but never bitcoin for me!
I didn't really understand your point on dogecoin. Are you saying is going to add some value? I really wish so because I have some thousands and can't wait for the value to start appreciating. Meanwhile, talking about spending bitcoin - why not? You use what you have to get what you need. For instance, you can equally spend it to buy some altcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) rather than just having it lay on your wallet .
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whyrqa
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November 02, 2017, 07:11:18 PM |
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Because bitcoin will grow in value and it would be foolish to spend it? If I were to spend a coin or token it would be one that I could get at the bottom but I know wouldnt go too far either. Some coin like Dogecoin where
you know it wont crush the world but it wont die out either..it seems like a good coin to speculating on for spending..but never bitcoin for me!
I didn't really understand your point on dogecoin. Are you saying is going to add some value? I really wish so because I have some thousands and can't wait for the value to start appreciating. Meanwhile, talking about spending bitcoin - why not? You use what you have to get what you need. For instance, you can equally spend it to buy some altcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) rather than just having it lay on your wallet . If it is a question of spending bitcoins today, then this is only if there are real needs in everyday life. I do not think that there may be a suitable altcoin for buying and better than Bitcoin. I think the prospect always remains for bitcoin.
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#business #forextrader #bitcoinnews #invest
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Fappanu
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November 02, 2017, 07:20:28 PM |
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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.
Here in our country, there are several establishments that accept bitcoin. Maybe the reason why only few accept bitcoin in their transaction is that, not all people are aware of bitcoin, and eatablisments wouldn't even dare to risk accepting bitcoin because only few would even use bitcoin for their transactions.
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btcjocan
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November 03, 2017, 07:00:35 AM |
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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.
There's no problem with spending bitcoin but as you spend bitcoin, you need to also save bitcoin for your future. Because it is useless if you are earning bitcoin and you will just spend it all for things that are not very necessary for you to buy. You should also be responsible in spending your bitcoin so you will not regret it in the future. Spend and save bitcoin so you will not end up being bankrupt.
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barmutinikita
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November 03, 2017, 07:36:04 AM |
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Soon will occure a lot of platforms, apps, online markets where we can exchange crypto currency and buy some goods ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Without VAT ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In the beginning at least ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BossMacko
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November 03, 2017, 08:41:55 AM |
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In my country i dont have any problem using Bitcoin dailies, tge web wallet that i am using which is for restricted to our country from that web wallet i can buy prepaid load everyday, pay monthly bills every month or buy game credits using Bitcoin in that platform. but of course i am also hoping that i can use bitcoin to buy in groceries.
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BrendaGee
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November 03, 2017, 09:18:28 AM |
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You can see now that there will be more people that is using Bitcoin as their payment method and more than cash and that is because they also can feel safer on the street because they cant be robbed also and that is nice. Bitcoin is online money and you also know that the world is becoming more digital so that would be perfect for the currency if it will be more used later.
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dExplorer
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November 03, 2017, 09:53:57 AM |
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It is not widely used yet because not most of the people knows about it even in my country. I think we only got 4 bitcoin ATMs here just in one city i think. Couldnt spend mind in a resto or just in a store
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Biggob
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November 03, 2017, 10:01:33 AM |
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Yes do it after a time when you do not need it anymore you can spend them all and have with them because it is natural the spend time you did not want to keep it after you die and give it to your children after they die that is nonsense.
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Botnake
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November 03, 2017, 10:12:32 AM |
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It is not widely used yet because not most of the people knows about it even in my country. I think we only got 4 bitcoin ATMs here just in one city i think. Couldnt spend mind in a resto or just in a store
Don't worry with that, the progress continues and in the future we can see more merchants will accept bitcoin. Right now we have a choice whether we spend it or not but I would recommend be careful in spending if you are looking for a better investment because just by holding you can already make profit as the value continue to increase.
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changcloy
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November 03, 2017, 10:34:47 AM |
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bitcoin is not that very known in my country what will i do to my bitcoin is convert it in our money for me to use it.. i spend it for my children's need since i am paid weekly for the campaign i am joining but still i am looking forward to earn bitcoin at least savings for children's future.
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wurth
Sr. Member
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Blockchain Just Entered The Real World
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November 03, 2017, 01:12:26 PM |
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It is not widely used yet because not most of the people knows about it even in my country. I think we only got 4 bitcoin ATMs here just in one city i think. Couldnt spend mind in a resto or just in a store
Don't worry with that, the progress continues and in the future we can see more merchants will accept bitcoin. Right now we have a choice whether we spend it or not but I would recommend be careful in spending if you are looking for a better investment because just by holding you can already make profit as the value continue to increase. To be honest, I think the current status of Bitcoin community is enough to help us use Bitcoin for daily. You do not need use it to pay anything, you can exchange your Bitcoin to FIAT and use that amount. It can helps the government manage the economy and make them have a better look about the cryptocurrency world.
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gantez
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November 03, 2017, 01:21:22 PM |
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Spending of bitcoin is now prominent everywhere. I hear the spending will make it more popular which will lead to its growth.
Meanwhile, the growth recently witnessed could also be as a result of the spending and people adopting it these days.
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Prince786
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November 03, 2017, 01:23:51 PM |
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if you want to earn some profit than you have to wait a little longer to sell it with a lot of profit after the price rise.
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Bennie1089
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November 03, 2017, 01:33:03 PM |
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I recommend using Tor browser to find markets/platforms specifically created for spending Bitcoin, those have been being developed for years now for people want buy/sell things anonymously (depended on your security setup)
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cybersofts
Copper Member
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November 03, 2017, 11:17:53 PM |
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people mostly spend their bitcoins on digital goods. i think we have to see a wider variety of merchants accepting bitcoin payments. for example when i need to buy a new sofa, or maybe some furniture. would be great to use bitcoin as form of paymenr there.
I don't think is such a good idea to be spending bitcoins anyhow. If you look at the way how value of bitcoin is growing, it's better to save your bitcoins than spend it. In this year alone 2017 bitcoin has gained over 800% increase in value. Imagine if you can save your bitcoins for like the five to ten years, what would the value of bitcoin be in the next five to ten years? If you can manage to save your bitcoins than spending for the next few years then that would be the biggest investment of your life.
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