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imsotiredofmoviereboots
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November 01, 2017, 07:06:48 AM |
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I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
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Cindy1983
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November 01, 2017, 07:35:16 AM |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat  ) |
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nelsledma
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November 01, 2017, 08:24:44 AM |
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I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
I agree, there is no need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. |
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chriss0r
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November 01, 2017, 09:36:37 AM |
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I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
I agree, there is no need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. But till that is possible in all countrys some years will past away. Keep it in your wallet (like on your deposit account) and take the profit from the raising bitcoin market. |
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ausbit
Legendary
 Offline
Activity: 1330
Merit: 1019
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November 01, 2017, 03:23:15 PM |
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I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
No need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. Not the time is different. |
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suvo05
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November 02, 2017, 01:41:34 PM |
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I know btc is very expensive now but I will still change it to fiat. Maybe rich investors are hoarding a lot of cryptos but I think the smart way is to exchange it in its pumping stage because it is volatile that means you can buy again once it falls.
No need to convert bitcoin in fiat currency because when everything is possible with bitcoin then why one should give transaction and exchange fee on that. Just buy anything anywhere in the world and pay your bills from your bitcoin wallet. Now the shopping is very easy all over the world. The world has become a one big market due to bitcoin. No need to convert bitcoin in fiat or any other currency. Not the time is different. I don't feel that the world already has become a big market due to bitcoin but it is turning out to be a one big market very soon. There are some countries where you can trade or buy product easily with the bitcoin, but in maximum of the countries of the world still does not have the facility to buy directly with the bitcoin. |
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RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
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November 02, 2017, 04:18:13 PM |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat ) The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that. You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth . Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it. |
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crazycatwoman03
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November 02, 2017, 11:45:56 PM
Last edit: November 03, 2017, 12:03:37 AM by crazycatwoman03 |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat ) The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that. You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth . Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it. I agree with that. Some stores are already accepting bitcoin and I believe that there will be more in the future since many people is starting to recognize bitcoin now. The popularity of bitcoin is increasing due to high demand and this results for bitcoin to look even more good for investments. Still, we are talking about converting crypto into fiat. It is necessary because we only used bitcoin in online payments. Fiats is what we used for regular payments. |
INVALID BBCODE: close of unopened tag in table (1)
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RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
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November 03, 2017, 05:30:49 AM |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat ) The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that. You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth . Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it. I agree with that. Some stores are already accepting bitcoin and I believe that there will be more in the future since many people is starting to recognize bitcoin now. The popularity of bitcoin is increasing due to high demand and this results for bitcoin to look even more good for investments. Still, we are talking about converting crypto into fiat. It is necessary because we only used bitcoin in online payments. Fiats is what we used for regular payments. Yeaa we need something that makes the merchants interested to adopt bitcoin as their payment processor. Not just only lured by the high price that makes investor attracted , we need more merchants for sure to realized the peer to peer electronic cash system. I will gladly to welcome the digital era anytime . |
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Cosbycoin
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November 03, 2017, 07:39:41 AM |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat ) The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that. You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth . Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it. That’s something you will never see happen. Bitcoin is just turning into a form of digital gold and one day it would just reach a stable rate just like Gold and will be sold for like a $100,000. At that time, there will only be less volatility, and people can only trade on it with other stocks and commodities and Fiats and not make Investment or even think about using it as a payment method. |
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Rajatruck
Member
Offline
Activity: 109
Merit: 10
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November 03, 2017, 10:47:52 AM |
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I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
After segwit btc coulb be fall, |
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jvdp
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November 03, 2017, 05:30:05 PM |
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exchange cryptocurrency into fiat is no needed if your country legalized cryptocurrency already. But in countries that cryptocurrency is not legalized yet, people still have to exchange it into fiat and it's the only way to use in here. Beside there are few countries banned cryptocurrency that mean nobody can be able to use currency or even exchange it into fiat ) The point is on how we can live with bitcoin or not and the answer nowadays you cannot do that. You need fiat in order to buy stuff and your daily needs , we are having big problem on adoption growth . Once there is a lot of store accept bitcoin to fulfill our daily needs, i will never exchange my bitcoin and just keep and spend it. That’s something you will never see happen. Bitcoin is just turning into a form of digital gold and one day it would just reach a stable rate just like Gold and will be sold for like a $100,000. At that time, there will only be less volatility, and people can only trade on it with other stocks and commodities and Fiats and not make Investment or even think about using it as a payment method. Stablity is issue what we all expecting on bitcoin. If that is happen we no need to worry about anything and clearing take bitcoin as investment option like Gold or real estate. I hope banks and all to accept bitcoin as a legal to deposit and withdraw by using bitcoin usage as a optional for the consumers. We are seeing every day we find the btc payment api added to the e-stores in as a payment method. |
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Tamilson
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November 08, 2017, 05:14:00 AM |
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I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want. Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption. |
Happy Coding Life |
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Thanasis
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November 11, 2017, 03:05:43 PM |
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I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want. Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption. If bitcoin already legalized in your country still i suggest better convert it to fiat for the products we need to buy because buying through the bitcoin is little expensive due to the transaction fees if we pay transaction fee for all the products we buy the we have to pay half of our btc just only for the transaction so if we have to spend btc today convert it into fiat then use it. Maybe in future the whole world become cashless economy the we can pay directly into bitcoin but today fiat is necessary. |
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AngelSky
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November 11, 2017, 05:18:18 PM |
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I still exchange it to fiat because I need it to buy things for my everyday needs. I know btc is very expensive now and it's value is getting higher so I keep some of my btc.
For some countries that bitcoin are legal and merchants are accepting bitcoin as payment, converting into fiat is not that applicable like you can shop with just your phone in your pocket then you're good to go. But for the countries that bitcoin are not yet widely known converting into fiat is only way to use and spend bitcoin. Just convert some of your coins then buy and do whatever you want. Yeah maybe someday we can see cashless society but this will surely take years as bitcoin is still in early stage of adoption. If bitcoin already legalized in your country still i suggest better convert it to fiat for the products we need to buy because buying through the bitcoin is little expensive due to the transaction fees if we pay transaction fee for all the products we buy the we have to pay half of our btc just only for the transaction so if we have to spend btc today convert it into fiat then use it. Maybe in future the whole world become cashless economy the we can pay directly into bitcoin but today fiat is necessary. If the bitcoin be legalized in your country then they will apply the rules and regulations on that then you cannot able to use the bitcoin like how your are using it. If online stores and offline supermarket comes with the bitcoin payment API means then we no need worry that to be legal and all. Just payment makes you powered with bitcoin. |
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ivrynx
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November 14, 2017, 10:36:15 AM |
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I think as of now, people will still likely to exchange their bitcoins to fiat, since there are still.a lot of merchants that are accepting fiat than bitcoin, we still need more time for the general public to accept bitcoin and to have more mechants, that will come, let's just not rush things and convert our bitcoins to fiat, we need to remember hat bitcoin is the future of currency.
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pisston
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November 14, 2017, 08:11:55 PM |
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I think as of now, people will still likely to exchange their bitcoins to fiat, since there are still.a lot of merchants that are accepting fiat than bitcoin, we still need more time for the general public to accept bitcoin and to have more mechants, that will come, let's just not rush things and convert our bitcoins to fiat, we need to remember hat bitcoin is the future of currency.
possibly Bitcoin and has huge potential in the future to become a single currency in the world, but to date we need to understand that most people that I use crypto-currency. And in particular Bitcoin, these are people who earn a currency and exchange for real money. Emma feat today is more necessary for people for real purposes, and the crypto currency gives the chance to earn this money. |
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Manyara
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November 15, 2017, 09:39:49 AM |
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It depends on convinience. If you can transact with BTC at ease, then there would be no need to change into fiat. But there are few merchants and countries accepting BTC as a currency. Many people still take it as a scum. So, for your convinience, you use that which is okay for you. A time will come when there will be no need to change BTC into fiat. There are traders who are accepting BTC. But with the option of the marketplace and localBitcoins, everyone is sorted.
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DU18
Sr. Member
Offline
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
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November 15, 2017, 11:54:05 AM |
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we all know bitcoin is banned in many countries and also in some countries bitcoin is not accepted in shops or market.So people must convert bitcoin to fiat first before use it.
In my country bitcoin is not tagged as illegal but most of the people is not introduced with bitcoin.So,here bitcoin is not used in any kind of business.That's why I need to convert bitcoin to fiat before use.I hope in future bitcoin will be more popular and we will be able to use bitcoin in the every corner of the world.
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OuterTech
Full Member
Offline
Activity: 294
Merit: 100
Tokenize Fantasy Sports
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November 15, 2017, 04:12:19 PM |
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I think it's still needed cause there are very few place that everyone can use Bitcoin directly for payment cause Bitcoin is not legalized worldwide so for almost people all over the world they still need to exchange Bitcoin into fiat if they want to use it to buy anything or pay for bill.
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