Spending Bitcoins

[neonshium]

I want to use this bitcoin also as a daily expense but there are few reasons i cannot do it, like the following;

1. I want to hold my bitcoins for at least one year for future transactions
2. I want to grow my money more and earn more
3. I want to see if i can reached my target amount of bitcoin 

Agreed, This is really a good thing that you can actually spend the amount of money which you have earned by your investment which you made in bitcoin. The thing is I don’t really think so that spending money and that too without any reason is really a good thing.

You actually need to be very much careful while making this decision of spending your bitcoins as you may regret too in the future if you made wrong decision.

[Lmaooo]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

[BeGoods]

Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.

As well as in our country bitcoin is not yet know by everyone. I think it will need a lot of time before we can use bitcoin without converting it into fiat. There's still a long process for us to be able spending btc by itself. I do also use it for buying my mobile load and online payments. Bitcoin will still have run a long way, before it will be adopted by everyone and local businesses.

bitcoin users are still spelled out a bit in different countries but the number of users continues to grow you do not have to worry about it. but the problem is the more users the bitcoin price will be higher right ? and the fee will also be higher. from that I doubt there are many users who will use bitcoin to spending looking at very expensive fees

[Ipwich]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

Majority will spend because not all people are willing to risk and invest with the future of bitcoin.
It's enough that they are enjoying the system and they will pay for the transaction fee, the other group are investors and I am proud
I belong to the group because I am hoping the price will continue to rise.

[MarkusIsaiah]

Spending bitcoin in our country is so difficult because like you there's no much option how to spend bitcoin, here in my country you can used bitcoin for paying bills and loading only. So i will convert it to real money so that i can spend it and to buy the things that i need that we can't buy in bitcoin.

[lazaretraft]

Like all monetary matters, spending bitcoin is relatively easy. However, learning to do proper investment and trade is the difficult stages, so focus on that first.

[MrGaSp]

I don't have option of spending bitcoins directly in my country as there are not any places where I can spend it but whenever price goes higher I sell my bitcoins and convert it to fiat instead of holding too long as price can go in opposite direction and we have to wait for a long time to see higher price so its good to sell when its giving you good profits.

[gabmen]

I don't have option of spending bitcoins directly in my country as there are not any places where I can spend it but whenever price goes higher I sell my bitcoins and convert it to fiat instead of holding too long as price can go in opposite direction and we have to wait for a long time to see higher price so its good to sell when its giving you good profits.

And at this time, i don't think many people are thinking about spending their btcs anyway. There aren't that many establishments that accept btc directly but i thinknmost wallets don't require you to convert anymore whenever ypu have to purchase something as it automatically converts your purchases to fiat

[fianaindriati]

I don't have option of spending bitcoins directly in my country as there are not any places where I can spend it but whenever price goes higher I sell my bitcoins and convert it to fiat instead of holding too long as price can go in opposite direction and we have to wait for a long time to see higher price so its good to sell when its giving you good profits.

And at this time, i don't think many people are thinking about spending their btcs anyway. There aren't that many establishments that accept btc directly but i thinknmost wallets don't require you to convert anymore whenever ypu have to purchase something as it automatically converts your purchases to fiat

have thought to spend bitcoin, I think it's an inappropriate choice. because we need a need we sometimes can not expect every time. so we better save the bitcoin we have so, at any time need it we can achieve.

[Purno99]

which human names must have different needs of each other, if we spend the bitcoin is good let alone to meet our daily needs but should be wise spend it not to bitcoinnya run out all, better we spend 50%, 50% investment so balanced.

[geopolisch]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

The best thing that you can do with your bitcoin at present is to hold it as long as you can because the bitcoin is continuously increasing in value. Bitcoin is highly expected to touch 20,000 dollars by next year and it can even go beyond this value. In short bitcoin is at its growing age, so make maximum with it till bitcoin is young. I am also not having any plans of selling off bitcoin in coming few months.

[JohnWick_Bitcoin]

Yes spending bitcoin maybe a half of it only not all ..i'l save it for my future business and for my retirement

[Ziskinberg]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

The best thing that you can do with your bitcoin at present is to hold it as long as you can because the bitcoin is continuously increasing in value. Bitcoin is highly expected to touch 20,000 dollars by next year and it can even go beyond this value. In short bitcoin is at its growing age, so make maximum with it till bitcoin is young. I am also not having any plans of selling off bitcoin in coming few months.

I agree with that, if you have bitcoin then just hold it, look what happen to the altcoins now, bitcoin is dominating the market so you can expect that when bitcoin will pump, altcoins will dump, it's a normal movement. If you are a wise investor, you would not change your strategy if you see holding bitcoin gives you benefits, it has break $11,000 already and it will continue to rise.

[plaintiff77]

Earnings from bitcoin is big. We all witness that, that is why many people would rather choose bitcoin than having a job. I would spend bitcoin to acquire a house. Because as we can see bitcoin price reaches its highest rate. No other crypto currency can beat its rate at present. Fair enough to buy things or possession which is expensive since bitcoin has large exchange amount. We can acquire luxury and expensive travels through bitcoin. We can also put up big investments in order for it to double up. In that way we consider bitcoin as a very great blessing to each and everyone who has been using it for years. It is the greatest deal ever since it helps many people spend into large amount of things. We are blessed having been active in bitcoin.

[Sled]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

The best thing that you can do with your bitcoin at present is to hold it as long as you can because the bitcoin is continuously increasing in value. Bitcoin is highly expected to touch 20,000 dollars by next year and it can even go beyond this value. In short bitcoin is at its growing age, so make maximum with it till bitcoin is young. I am also not having any plans of selling off bitcoin in coming few months.

I agree with that, if you have bitcoin then just hold it, look what happen to the altcoins now, bitcoin is dominating the market so you can expect that when bitcoin will pump, altcoins will dump, it's a normal movement. If you are a wise investor, you would not change your strategy if you see holding bitcoin gives you benefits, it has break $11,000 already and it will continue to rise.

It is better right now to have a lot of bitcoins or a majority of your holdings will go into bitcoin rather than holding more altcoins because the chance to make profit in altcoins are still low because the bitcoin is still the dominant in the market so whenever the price of bitcoin goes up really high then the price of altcoins will go down hard.

[BureauChef]

At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.

The best thing that you can do with your bitcoin at present is to hold it as long as you can because the bitcoin is continuously increasing in value. Bitcoin is highly expected to touch 20,000 dollars by next year and it can even go beyond this value. In short bitcoin is at its growing age, so make maximum with it till bitcoin is young. I am also not having any plans of selling off bitcoin in coming few months.

I agree with that, if you have bitcoin then just hold it, look what happen to the altcoins now, bitcoin is dominating the market so you can expect that when bitcoin will pump, altcoins will dump, it's a normal movement. If you are a wise investor, you would not change your strategy if you see holding bitcoin gives you benefits, it has break $11,000 already and it will continue to rise.

It is better right now to have a lot of bitcoins or a majority of your holdings will go into bitcoin rather than holding more altcoins because the chance to make profit in altcoins are still low because the bitcoin is still the dominant in the market so whenever the price of bitcoin goes up really high then the price of altcoins will go down hard.

The problem is not making profits from altcoins, we can still make profit from altcoins but selecting the correct one is hard in altcoins. Can you imagine there are hundreds of them only a few of them increases in price at the moment.

[Decalcomania]

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 spending bitcoins is still not good idea. I am not spending my bitcoins because the price of the bitcoin is rapidly growing. For me, it is better if I will keep it in my wallet than to spend it.

[aysg76]

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 spending bitcoins is still not good idea. I am not spending my bitcoins because the price of the bitcoin is rapidly growing. For me, it is better if I will keep it in my wallet than to spend it.

For now, one must prohibit spending their bitcoins and try to get as many as possible since the price bitcoin is growing rapidly and touching the sky. So, it won't be any smart idea to spend them right away. Holding them is the most recommended option in the current situation as only then one could make a huge amount of profit and can double up his income...

[Blondy12]

in my country bitcoins is not yet that popular so usually i still need to convert my btc to fiat so it can be useful. i can pay bills directly though but hopefully in malls they will be able to accept btc for fast transactions.

[Clegive8V]

i spend most of my bitcoin for cash and use cash for my daily things.

most of my btc send it to my friend and he pay cash for me (i think he only hold it )