btccashacc
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March 07, 2017, 02:51:20 PM Last edit: March 08, 2017, 03:00:41 AM by btccashacc |
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I've long been using bitcoin as a currency, it is simplest for paying things online. I've spent them whether it's price was really cheap or even high. However i feel little bit regret, if i hadn't spent those amounts i would hold much money right now, to be honest i can not deny that bitcoin is best as an investment, so for this reason i would pay that thing with fiat not with bitcoin, i would rather holding than spending them, i would spend them only if i couldn't use fiat, people also predict that bitcoin's price might be hit 2k dollars or even more so it's good for hold them.
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a7594li
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March 07, 2017, 02:52:22 PM |
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i will reserve my bitcoin
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macedoniantable
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March 07, 2017, 02:54:41 PM |
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I am willing to say merchants are still scared to use bitcoin. Just look at the price and you will see why. Just about $1300 beginning at the beginning of the month and now $1231 a week later. I don't know about you but that would be cutting into their profits if they accepted a delayed order as you know with shops and their ordering of stock is not intheir hands until the customer places the order.
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savioroshan
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March 07, 2017, 02:55:13 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
In my case I prefer to use fiat because I have got fiat plenty in my wallet but less bitcoin . that too bitcoin price is rising like anything . So I dont want to spend my bitcoins .If it was one year back I would have used bitcoins many be. But now definitely a big no. I will start spending bitcoins when its price reach the saturation level.
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mrcash02
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March 07, 2017, 02:57:30 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
As you said, today 1 apple can cost 0.0008 BTC, but tomorrow I can use the same BTC amount to buy 2 or even more apples... So I think it's better to hold Bitcoins even finding a shop accepting it. The expectative of many members of this forum and of many Bitcoin investors is to have Bitcoin rising a lot this year, and I think it's a very real possibility if we look the price at this moment and the price since the beginning of 2017. In my opinion, using BTC now to shopping is a waste of money.
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BingoDog
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March 07, 2017, 03:02:49 PM |
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I mainly use PayPal. Not because I wouldn't want to spend my bitcoins sometimes but I like to shop online and in many shops that I like I can't spend bitcoin. Hope this will change soon and more popular web shops will decide to accept bitcoins as a payment.
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malaj
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Gotottack
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March 07, 2017, 03:08:51 PM |
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If I had the option to buy with bitcoins and fiat, right now I would chose to pay with fiat for now. As prices are currently raising so great that having to use it would mean that my money could double it if I had just kept it. But probably, when the world accepts bitcoins and there are plenty of stores and people using it, then probably the prices will stabilize and using it would be a breeze and there is no regret about using it.
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soul-impact
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March 07, 2017, 03:25:44 PM |
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Digital goods would be the best. I have never ever spent my Bitcoin in real life except converting it to Fiat. My country does not accept Bitcoin and we still have to use Fiat to buy food and daily needs. Well, we still have to wait for a long long time for Bitcoin to be accpeted all around the world
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Kray
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March 07, 2017, 03:32:48 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
I will choose fiat or paypal to buy apple, reasons are - I need reputable site to use my btc, because once payment has been paid i can not dispute that payment - I still believe in btc will have higher price, because it's difficulty and massive adoption
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betlord90
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March 07, 2017, 03:40:44 PM |
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Yeah bitcoin is becoming widespread as it covers worldwide but is not used that much. Maybe some prefer bitcoin in spending their money but the problem there is that there is an insuffiscient number of stores who accepts bitcoin since it is just slowly embraced by different countries. But it will really vary on the person who likes to transact whether to use bitcoin or other means. But it would be more likely to be the same faucet but different label.
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RENATA612
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March 07, 2017, 03:52:20 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
I will choose my bitcoin payments, so why risk using bitcoin because the price is fluctuating, sometimes for the price it was sometimes a disadvantage but that bitcoin always provide convenience wherever we are
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johnwest
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March 07, 2017, 04:06:51 PM |
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I will definitely go with fiat rather using my precious Bitcoin. It's not like I don't use my Bitcoin for purchases. I will use Bitcoin when I need anonymity as a buyer and with only trusted person or website as I can be scammed with it easily afterward.
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Kprawn
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Merit: 1074
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March 07, 2017, 04:23:18 PM |
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The opposite is also true.... You might buy something for $1000 worth of Bitcoin today and then the price drops by 50% ..... that would give you a gain of 50% on what that item cost you today. Take the pizzas that were bought by Lazlo back in the day... yes he spend a few thousand bitcoin on them, but at the time it only cost him a few dollars. Fiat is losing value much more quickly than Bitcoin.... what can you buy for a few cents now? ..... What could you have bought with those few cents a few years ago.... inflation kills fiat and governments printing too much fiat also do much harm ...
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DarkIT
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March 07, 2017, 04:42:14 PM |
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of course I would always choose bitcoin. Well, different place, it will be different that I use. if on the internet, I would use bitcoin as a medium of exchange if it is possible, but in the real world, I would use a fiat. Well, until now, I still do it.
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FasTroy
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March 07, 2017, 04:54:47 PM |
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it depends of how much money i have in fiat or in bitcoin. by the way, I think i will use my real money for buying apple or anything else. Because nowadays saving bitcoin is a good idea for the future. because price will increase more. The variation of current money in my country with other real currency is too low. so saving bitcoin is better than saving real money.
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bering
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Leading Crypto Sports Betting & Casino Platform
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March 07, 2017, 05:37:29 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
fluctuations always be the risk during use cryptocurrency and i have realize that situations but i would took my own risk with choosing bitcoin rather than fiat
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rivoke
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March 07, 2017, 05:56:20 PM |
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Bitcoin should be use for investation purpose mostly and usually I'm spend bitcoin just for fun need not daily need because as you said, bitcoin value always change everyday. personally I keep using fiat for daily transaction
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Mometaskers
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March 07, 2017, 06:24:31 PM |
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I've never used my bitcoins to buy stuff. The price increase is just too large in my country that it feels a waste to use it to buy stuff, especially trivial stuff I can buy with cash of my pocket. If I need to go to the grocery then I'll just use my credit card. If it's online and I really need it then I can just use my Payoneer account (which I've also not used yet, I know, I'm old school). I might buy using bitcoin but probably if there's a physical store (I've heard stories of transactions going wrong) and if the price is pegged to fiat. I currently see it now more of an investment tool because of the large increase in value.
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coolcoinz
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March 07, 2017, 06:35:36 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?
if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore
so what will be you choice?
I'd choose to pay in fiat for now, because I still have more fiat than Bitcoin and fiat isn't bringing me profit from holding it. Why should I sell Bitcoin now, when it's going up like crazy? It's much better to spend all the useless fiat and stop being a victim of inflation.
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Coinster
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March 07, 2017, 07:16:36 PM |
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there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin
I think it's okay to spend bitcoin as long as you will replace it quickly . Some merchants also offer Bitcoin discounts. One strategy some people use is to always buy when the price drops. That way there is always a supply of bitcoin coming in.
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