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Author Topic: Who here lives on crypto currency daily?  (Read 2962 times)
gribble
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November 03, 2017, 03:46:45 AM
 #21

I personally only use crypto currency nowadays. I have a bitcoin debit card (bitpay) that I use everyday to make any payments.


It is nice because I can receive money anywhere in the world and have it sent directly to my bitpay account and then spend it in a irl store within minutes.



What about you guys? Do you invest/trade/use crypto currency?


I live in NY btw
No i don't live on cryptos currencies daily due to digital coins bitcoin and other altcoins are not legal payment method daily on my country, i must follow the rules of my country about the bitcoin and other altcoins, but doesn't mean bitcoin and other altcoins are banned on my country, they still can be exchanged with local currency (IDR), bitcoin just can not be used for payment gateway, i am trading altcoins used long-term strategy to getting profit and i invested into the ICOs projects too, i live in Indonesia.
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November 03, 2017, 04:00:57 AM
 #22

I am also a bit new in using crypto currence in my daily lives. In our country we use prepaid load ffor us to use the telecommunication services such as call ,text and mobile internet and I used my bitcoin to buy for my load using my local bitcoin wallet. Its very helpful and convinient because you dont need to go outside and load up your phone.
I did investment also and decided to hold my bitcoin for several months or year before selling it. I want also to venture trading but im still in the process of learning.

Well this is a good way of utilizing cryptocurrency. Since we are almost digital in all areas of our lives, the day will come when almost if not all stores will accept bitcoin or other cryptocurrency as payment option. It would not be just limited to mobile load but also for buying in stores for our daily needs like groceries. There are countries wherein people can live with just crypto because most likely their technology is already advanced but for those countries that have limited access to technology then it would be hard to live with just crypto alone. Somehow, it should be converted to fiat to purchase something.

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November 03, 2017, 04:57:13 AM
 #23

Right now I am working. But when I finished the year saw it I will try my luck in crypto especially in Bitcoins. Because I saw the potential that I earn more in bitcoins. so now I have to endure working 7 am to 10 pm to make sure that I'm really not satisfied with my salary because I earn more money every week here crypto.
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November 03, 2017, 05:08:13 AM
 #24

I want to use cryptocurrency in day to day life but since we don't have cryptocurrency friendly offline market environment yet in most of the countries, there is a limitation in spending Bitcoins. I always try to spend at least 50% of Bitcoins as I believe that movement is a growth and that is a way of contributing to the growth of the network. I use Bitcoins to pay for my mobile/DTH top-up, domain name purchases and I use Bitcoin VCC and it is limited to that as of now.
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November 03, 2017, 05:11:25 AM
 #25

I also use currency crypto.i am happy to use it. i also have debit card.
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November 03, 2017, 05:40:05 AM
 #26

I have a 80%/20% bitcoin strategy, where I hodl 80% of all bitcoins I buy and spend 20%. The 20% come from my entertainment and food budget every month. I strongly believe that we should pay back 20% of our earnings into merchants that accept Bitcoin payments. < If we hodl 100%, these merchants will stop accepting Bitcoin, because it would not be worth their time and money to continue accepting Bitcoin >

You would have used that 20% in any way, why not find ways to pay with Bitcoin instead of CC or Cash?

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November 03, 2017, 12:44:31 PM
 #27

I personally only use crypto currency nowadays. I have a bitcoin debit card (bitpay) that I use everyday to make any payments.
It is nice because I can receive money anywhere in the world and have it sent directly to my bitpay account and then spend it in a irl store within minutes.
What about you guys? Do you invest/trade/use crypto currency?
I live in NY btw
It's great that people around you accept BTC in return of their goods /services and your government doesn't put restrictions around you to use btc , people in Japan and Philippines may also use btc daily .
But in my country the majority doesn't know about BTC so BTC is neither legal nor illegal . because it is not so popular in my country now ,no trader accepts it as a mode of payment.
But yes after knowing the advantages of using btc people will surely switch to it.

Yes the few who use btc use it to buy alt coins or buy games and in app purchases on steam.
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November 03, 2017, 12:50:58 PM
 #28

I can not use crypto currency as my payment method in my country.we are still eagerly waiting. but I use cryoto for trading and earning. I am also doing some campaign for earning extra crypto currency.
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November 03, 2017, 01:31:20 PM
 #29

that is actually my dream. to just earn bitcoin and spend bitcoin "directly" to buy anything that i want, from paying my rent to paying for taxi.

but one of the issues is that where i live, there is no place that accepts bitcoin. and using third parties like using debit cards is not really my thing even if i could i wouldn't because i don't like them.

the other issue is earning bitcoin and then hoping that fluctuation is not that much to harm your financial situation. so far we are on the rise but there are times that price falls even if the down time lasts 1 week, that can be enough damage if you have to pay rend that week!

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November 03, 2017, 01:35:07 PM
 #30

In my country still there is no acceptance of crypto debit card but my day starts and ends with cryptocurrency I regularly trade but  now stopped trading and kept all holding and waiting for segwit2x to finish. But regularly checking the market.
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November 03, 2017, 01:39:08 PM
 #31

I wish me one day living with Bitcoin and other cryptocurrencies someday. Today I'm gonna give a try to earn coins as much as I can and will be on my way for that kind of living.
Bitcoin is the source of income today because earning is very easy of you know how to deal with a good trading skills.

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November 03, 2017, 01:42:25 PM
 #32

I try to use bitcoin as much as possible, however the problem I have generally is that I do not wish to always spend bitcoin because at some points I want to hold it, the other difficulty is that my pay for example is in FIAT so I find I'm often drawing down my bitcoin before I can top it up and that sometimes loses me money if bitcoin prices change.

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November 03, 2017, 01:45:47 PM
 #33

I do ! Most of the daily expenses of our family came from my income here in bitcoin. Many people don't believe me but few of my friends are amazed on how i helped my family this much.
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November 03, 2017, 01:59:34 PM
 #34

yp here i am. bitcoin as a trade and also invest it for the future
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November 03, 2017, 02:10:27 PM
 #35

They have taken a big step, BitPay, xapo, and every company which issuue bitcoin debit card as a third platform to mediate transactions in every aspect they could. However, they have to comply all the regulations regarding AML and KYC ini order to prevent any illegal transactions from their customers. They have to deal with most merchants and services to provide a better experience.
It makes me wondering if a company in my country can do all of those things for us, but deal with government and financial authority seems so complicated.
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November 03, 2017, 02:15:01 PM
 #36

I personally only use crypto currency nowadays. I have a bitcoin debit card (bitpay) that I use everyday to make any payments.


It is nice because I can receive money anywhere in the world and have it sent directly to my bitpay account and then spend it in a irl store within minutes.



What about you guys? Do you invest/trade/use crypto currency?


I live in NY btw

I think most of us here are in the trading/investing as well. I also used my bitcoin, however, I needed it to convert into fiat. So I might as well living but not daily. I still have a normal job in the M-F and crypto is just my other way of earning and its really profitable on my end. But I won't quit my job, because I don't think that it can be my main source of income. But yeah its a great help for me financially.

 
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November 03, 2017, 02:16:55 PM
 #37

me, i dont have any job right now, so cryptocurrensy be my job
i think the earning is profitable

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November 03, 2017, 02:17:49 PM
 #38

I personally only use crypto currency nowadays. I have a bitcoin debit card (bitpay) that I use everyday to make any payments.


It is nice because I can receive money anywhere in the world and have it sent directly to my bitpay account and then spend it in a irl store within minutes.



What about you guys? Do you invest/trade/use crypto currency?


I live in NY btw

you can do that thing with a normal debit/credit card. I don't understand why in this moment, use btc o alt coin.
There is too much price variation. It's better to wait.

Or maybe you have a loooot of btc.
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November 03, 2017, 08:16:59 PM
 #39

I hardly use banks. I use crypto where I can. I only have a bank account for when I need to use fist and when I run out I top it up by selling some Bitcoin but I use fist as a means to spend. My main money is in Bitcoin in my wallets. So I use Bitcoin and altcoins weekly. The rest I do shopping for food I just use Bitcoin to cash out some once every two weeks or 3 weeks or so. It is a great way to deal with my money and how I spend and keep it.

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November 03, 2017, 08:21:06 PM
 #40

Even if I had a bitcoin debit card, which I do not, I wouldn't be able to live off of
crypto.  The only bitcoin I get is from sig campaigning, and while these campaigns
are extremely generous, it isn't enough to live on.  I have spent bitcoin on
wants, not needs, but I'm trying to save a little.  Why spend hard earned btc or
any other coin (which might jump in value) when you can spend fiat (which most
certainly will not jump in value)?  I could see if you were a big trader or whale,
but I'm just a little guy with little amounts of bitcoin.  No need to spend it in my
opinion.
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