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Author Topic: Spending Bitcoins  (Read 101027 times)
HODL_guy
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December 30, 2017, 09:05:20 AM
 #1781

BTC gains allowed me to buy my son really good and expensive new musical instrument! Son is happy so am I  Smiley

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December 30, 2017, 01:29:58 PM
 #1782

Btc is also not that really known in our country, i barely know people who invests on btc. But I have these friends who uses btc to sustain their needs, to buy their luxuries and to save for their future.

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December 30, 2017, 01:56:14 PM
 #1783

Spending bitcoin is somewhat like a very great blessing. It is one of the best feeling when we spend bitcoin from our own earnings. All hardworks are paid off. I spend bitcoin on good food and i can now acquire a very nice home for my family. Spending bitcoin is one of the best feeling. We are so blessed having bitcoin in our lives.
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December 30, 2017, 02:04:32 PM
 #1784

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

I’ve got a similar problem, but in my country it is not forbidden. What happens is, if I want to spend my bitcoins, I don’t have many options, unless I convert them into fiat first. I recently bought a hardware wallet and paid with bitcoins, that’s the only purchase I’ve made, but I don’t want to spend a lot either, because I consider them as an investment. Anyway, there are very few places where I can spend my bitcoins, and with the current problem about fees and speed of transactions it’s not going to get better.

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December 30, 2017, 02:38:38 PM
 #1785

BTC gains allowed me to buy my son really good and expensive new musical instrument! Son is happy so am I  Smiley


I suggest you not to spend a lot using bitcoin. 2018 is approaching and so the higher price of bitcoin. I know that one of the purpose of btc is to be used as medium  of exchange but because of the growing value of it, I think that it would be better to keep it as investment and wait until the best price goes.


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Andrianla
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December 30, 2017, 02:44:46 PM
 #1786

If in my country Bitcoin can be used as a medium of exchange I am very happy, because the Bitcoin price is increasing and making the goods as if it becomes cheaper.
LANZ777
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December 30, 2017, 03:03:40 PM
 #1787

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.


For me by now I don't want to spend bitcoin if l have bitcoin l will trade first and wait for the price increase so that l can save money for the future of my kids. Because  monitor my brothers life to bitcoin, he's holding his bitcoin and sold it when the price value is right for him. In that way he profit very quick with a big cash. Especially in buying dump coins he earns a lot because he monitor the price before he sell it.
imking
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December 30, 2017, 03:43:18 PM
 #1788

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 can’t spend my bitcoin because I don't big amount of bitcoin.in my province their a few people know the bitcoin and no stores adopt bitcoin as the payment. I happy that last few days try to spend my bitcoin to steam wallet.  I also want to gain as much as I can to my future.
cryptocurious18
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December 30, 2017, 03:56:57 PM
 #1789

In my country, india bitcoin is yet not accepted widely by shops because many people here are not aware of bitcoin.
I like to use bitcoin, i want it to be accepted everywhere substitute fiat.
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December 31, 2017, 07:01:32 AM
 #1790

In our country their an only few stores accept the bitcoin, you just need to convert first to fiat to able to use it.  I'm not spending all my bitcoin.  Just a little bit portion of my bitcoin. I am spending to pay my loans and convert bitcoin to fiat to purchase my daily expenses. I save the big portion to if their case emergency.
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January 01, 2018, 08:31:40 PM
 #1791

I think many people he want to spend bitcoin then so many people we cannot spend bitcoin because we are different country so maybe it depend it you want to keep your bitcoin for investment,if ever I have a chance to have bitcoin someday I want to keep it because bitcoin I think 2018 increasing the prices
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January 01, 2018, 11:19:50 PM
 #1792

To grow the adoption of bitcoins we need people spending it as daily currency... eventually bitcoin will have morecshop in iur country you just need to wait for that to happen. Maybe it will happen this year or the next year...
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January 02, 2018, 12:18:17 AM
 #1793

Spending bitcoin can be good but its depending on how and what you want to do with it, normally I would say hold the bitcoin and be patient!
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January 02, 2018, 03:52:04 AM
 #1794

BTC gains allowed me to buy my son really good and expensive new musical instrument! Son is happy so am I  Smiley
Spending bitcoins in a good way, i am only spending my bitcoins if me and my family doesnt have money to buy our daily needs in life and i am also spending my bitcoins if i will need to pay my own tuition fee and when we need to pay for our house expenses.

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January 02, 2018, 04:22:33 AM
 #1795

BTC gains allowed me to buy my son really good and expensive new musical instrument! Son is happy so am I  Smiley
Spending bitcoins in a good way, i am only spending my bitcoins if me and my family doesnt have money to buy our daily needs in life and i am also spending my bitcoins if i will need to pay my own tuition fee and when we need to pay for our house expenses.
Well i believe that spending bitcoin is just wasting profit in the near future we should apend bitcoin in a proper way i think bitcoin is popularly spent during high price rate everyone may spend it but in a verry important  things such as food,clothing,shelter etc. If bitcoin is really a blessing we should take care of it to avoid un nescesary looses.
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January 02, 2018, 04:24:55 AM
 #1796

The problem is that you are using a proxy to buy your good/service. You basically pay in bitcoin and the company sells your bitcoin for cash straightaway. This is bad.

You want adoption, not high trade amount. Just imagine you buying a house with your bitcoin debit card. That's like... 2400 BTC! Imagine someone dumping that much BTC on the market. The bitcoin price is bound to crash. To be honest, you aren't helping the market.
I also think that bitcoin volatile price and value could be the number one factor that could affect the acceptance of bitcoin on transaction. I think most of people will still want to used fiat for more stable price in buying and selling goods. Yet the support of people could strengthen the system of bitcoin in terms of transaction that could have better and faster form of transactions.

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January 02, 2018, 05:38:37 AM
 #1797

The problem is that you are using a proxy to buy your good/service. You basically pay in bitcoin and the company sells your bitcoin for cash straightaway. This is bad.

You want adoption, not high trade amount. Just imagine you buying a house with your bitcoin debit card. That's like... 2400 BTC! Imagine someone dumping that much BTC on the market. The bitcoin price is bound to crash. To be honest, you aren't helping the market.
I also think that bitcoin volatile price and value could be the number one factor that could affect the acceptance of bitcoin on transaction. I think most of people will still want to used fiat for more stable price in buying and selling goods. Yet the support of people could strengthen the system of bitcoin in terms of transaction that could have better and faster form of transactions.
What kind of support do you mean?
The problem is the transaction fee is very high in order to have a fast transaction and I think that is the main problem now, if people want to have
convenience in transacting online then maybe they have to use other coins which is fast and cheap.

R


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January 02, 2018, 05:51:29 AM
 #1798

Properly, I'm sorry . I haven't devote my bitcoin however as I planned to hold it and take into account as my lengthy time period investment and financial savings.I will spend my bitcoin of training course, but in time when I go vacation to country that currently has assist bitcoin payment everywhere.For now, not a lot of options exactly where I am heading to purchase or commit my bitcoin alternatively of convert into fiat money which I won't do yet without an urgent situation.
Well for me in terms of spendibg bitcoin is good but its more better if we used bitcoin to trade some so that it makes more higher value then half would spend if in need so that in future we have our savings.
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January 02, 2018, 06:18:37 AM
 #1799

It's getting difficult to use bitcoin. I wanted to send Bitcoins from one exchange to my wallet and it costs around $20.
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January 02, 2018, 06:48:15 AM
 #1800

I think spending Bitcoin isn't necessary for now because the price of Bitcoin is low, and speding it at this moment is really expensive.
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