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Author Topic: Spending Bitcoins  (Read 101100 times)
freedomgo
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December 28, 2017, 11:28:56 AM
 #1761

I'm not spending any bitcoin and won't do it unless I will absolutely have to. Who knows what it can be worth in a year or five. I don't want to spend it right now and end up like the pizza guy.
Let's continue to believe that bitcoin is gonna be big in the future, when it grows the value will also rise so that will make us more
inspired in holding watching our portfolio growing. Bitcoin can be use for transparency so people will also consider it and we can see more and more
people will adopt on bitcoin which will make it more successful.

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Karmakid
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December 28, 2017, 11:30:42 AM
 #1762

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 the our country doesn't really support bitcoin,
If the banks found out that you have a transaction in bitcoin your bank account would be closed,
I don't know if that is true but I saw a lot of post about it.
Fantastic33
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December 28, 2017, 11:39:11 AM
 #1763

I cannot use bitcoin here on my place because i live on an island. Business owners here are not aware of what a bitcoin is. So for us bitcoiners to use it, we need to encash our bitcoins. But i think there is only one money transfer shop who encash bitcoin here. Once it was already encashed, then i can now use it to buy things that i need.
Al Amin
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December 28, 2017, 11:43:20 AM
 #1764

My country is illegal so I can not spend bitcoins directly. But I exchange bitcoin to paper money if I need money for my daily needs. And I will always try to separate bitcoin for my future because I believe bitcoin will be profitable for the next 3 years.

henriquelb
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December 28, 2017, 07:18:09 PM
 #1765

most people spend their bitcoin on online purchases, others use it to bet on games like roulette, but other people like me use it to save money and try to earn a little extra money all depends on what each person want to do with this coin
winteroxalis
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December 28, 2017, 07:36:54 PM
 #1766

Yes. There are a growing number of businesses and individuals using Bitcoin. This includes brick-and-mortar businesses like restaurants, apartments, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new phenomenon, it is growing fast
superjampot
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December 28, 2017, 07:45:55 PM
 #1767

For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.
Opekin
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December 29, 2017, 02:05:18 AM
 #1768

For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.


I believe that since you are knowledgeable about bitcoin, it is you who have the capability to help your community or the society you are in to introduce bitcoin and all the benefits it offers to them. It will be a great opportunity for you to be a catalyst in your community and it will also deliver you to be successful in the industry of bitcoin investment.

 
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MilkBi
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December 29, 2017, 03:02:57 AM
 #1769

For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.
In my country, too. The government is banned all services, bitcoin exchange in any form is legal. I am very sad for this.
Butchick
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December 29, 2017, 03:53:51 AM
 #1770

From where i am from, bitcoin isn't that popular when it comes to paying bills or doing certain transactions using bitcoin. However, there are numerous members in the community that invest in bitcoin and the only way we get to spend oir earnings in bitcoin is to convert them to our currency. Hopefuly, my country will soon open its doors to bitcoin and accepts payments thru it.

poisonivy77
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December 29, 2017, 07:24:27 AM
 #1771

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.

Our country do not accept bitcoin as any legal currency, you couldn't do any monetary transactions, couldn't pay any bills. So the only ways to spend bitcoin is to convert it to fiat, and thus any transactions can be done.

Natsuu
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December 29, 2017, 07:37:05 AM
 #1772

As long as i can save it i dont spend my bitcoin and waiting for the right time or price te cash it out. But sometimes i cant resist to use it for financial assistance but i dont want to use it for leisures. Waiting for the right time is the right thing to do.

letningmequin
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December 30, 2017, 12:49:15 AM
 #1773

As long as i can save it i dont spend my bitcoin and waiting for the right time or price te cash it out. But sometimes i cant resist to use it for financial assistance but i dont want to use it for leisures. Waiting for the right time is the right thing to do.
Yeah. Choose the right moment to cash out will maximum your profit and you could have more money to spending for your stuffs.
Coins and Hardwork
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December 30, 2017, 01:19:10 AM
 #1774

I don't really spend Bitcoins directly, but I exchange it to currency and then pay bills, buy groceries, the usual stuff.

That is the disadvantage of bitcoin, you cannot spend them directly but you still need to convert them into fiat in order to use that currency. So I guess instead of spending them, I think I will be just saving or holding them for a while since the price sometimes go up and can give me good results or profit in the near future.
Alalex
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December 30, 2017, 05:18:00 AM
 #1775

Because of our need to spend our btc money, may and use your money savings keep it well, use it if you need him. And do not forget manage your finances well, if you need something you do not too push yourself to berh.

Utamakan needs and your future, Secret you can collect back your btc balance because you have learned a lot from your various experiences. Chances are the next few months you will collect btc money with lots and you can cursing it as well.

This could be your use well if indeed the circumstances require your btc money.

ljm8888
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December 30, 2017, 05:22:41 AM
 #1776

Bitcoin has not yet entered the lives of people. At least in my country, bitcoin has not been used yet. It's also a trend to pay bitcoins in life. But there is one problem. Does the expensive price of bitcoin affect people's payment?
Viscore
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December 30, 2017, 06:14:16 AM
 #1777

Bitcoin has not yet entered the lives of people. At least in my country, bitcoin has not been used yet. It's also a trend to pay bitcoins in life. But there is one problem. Does the expensive price of bitcoin affect people's payment?
We can only see few people who are using bitcoin now that is due to the fact that bitcoin is risky.
Majority of the people are living an ordinary life and most of them are just used in traditional way of making money, bitcoin is quite new so we need more time for them to understand and slowly adopt with bitcoin.
gesdan
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December 30, 2017, 07:02:35 AM
 #1778

in my country bitcoin is not useful, in offline merchant and offline store there are not want to receive the bitcoin for the payment, because they dont believe that bitcoin can be currencies daily, they stil think that card debit, money paper is more useful than bitcoin. they just believe in bank only so we can use bitcoin directly, we need to exchange our bitcoin into local money first if you want to use it

BTCbengi
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December 30, 2017, 07:17:23 AM
 #1779

Actually, I can not use Bitcoin as a real currency in my country because it is completely forbidden. I can only use it on trading floors and convert them to cash. This is considered valid

Farhan786
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December 30, 2017, 07:56:14 AM
 #1780

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.I know that most people will not spend because the bitcoin can be worth allot of money but it does not hurt to spend a bit.
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