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Author Topic: Who here lives on crypto currency daily?  (Read 2954 times)
zombie6
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November 18, 2017, 11:12:24 AM
 #121

I invest in crypto-currencies and part simply fix in fiat and live on this money)
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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November 18, 2017, 05:42:15 PM
 #122

I invest in crypto-currencies and part simply fix in fiat and live on this money)

That is what I would expect most users do, very interesting.

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November 18, 2017, 06:08:35 PM
 #123

I don't use these altcoins/crypto currency on paying but instead I convert it to the currency of my country then cash out. Then that's how I get my funds for my daily basis.
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November 18, 2017, 06:15:50 PM
 #124

Unfortunately there are not so many stores accept Bitcoin yet. So it's impossible to spend only Bitcoin for daily needs and purchases. Also, Bitcoin transactions are too slow and many merchants don't accept it for this reason. I hope in the future things will be better, because one of my main goals is to live only with crypto currencies.
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November 19, 2017, 12:15:10 PM
 #125

I don't use these altcoins/crypto currency on paying but instead I convert it to the currency of my country then cash out. Then that's how I get my funds for my daily basis.

I guess i can say the same for myself. Though as much as possible i don't cash out if the expenses aren't really necessary. I'm now fully focusing on trading and am getting the funds for my expenses mostly through btc.

 
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November 19, 2017, 12:26:15 PM
 #126

I do. I mean not probably daily but the means of expenses. I pay my bills using my profits here in crypto currency.
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November 19, 2017, 12:27:54 PM
 #127

10% of people in this forum do. >_<
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November 19, 2017, 01:33:59 PM
 #128

Many of my day to day transactions are related to cryptocurrency but certainly not all. However, much of the cash I spend originate from cryptocurrency so it's easy t say that crypto is very much related to my day to day transactions. That's mostly due to being paid in it though.

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November 19, 2017, 01:39:25 PM
 #129

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 earn whole from cryptocurrency but still live on fiat. I need to make frequent conversions to cash out in Fiat and to reinvest this withdrawn money to crypto is yet another hazzle for me. I am from India and trust me things are not quite fluid here for bitcoins and bitcoinists.
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November 19, 2017, 08:46:04 PM
 #130

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 do invest/trade and even spend BTC where it is accepted.
In my country Bitcoin is not that extensively accepted...nor any BTC debit card is available. But I sometime I use to settle my accounts with some of my friends who are into crypto so that my part of spending.
I do earn Bitcoin from bounties, sig campaigns, writing etc and happy to HODL the earned amount so thats Investing.
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November 20, 2017, 07:15:20 AM
 #131

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're not the only one who use the bitocin on dialy basis.I also live with crypto currency and making huge profit from it. I mostly accept bitcoins as payment method from my client. I have BitPay Card – Visa® Prepaid Debit card. I use this card almost everywhere Restaurant, paying bill, Buying stuff online.I think not only me and you everyone in this world who is aware about the bitcon and crypto currency use bitcoin on daily basis
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November 20, 2017, 07:24:41 AM
 #132

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 is not necessary to invest in bitcoins to have a capital, You can still work on bounty campaigns and earn coins as a payment or you can do services like translations that will benefit the ico's and they are paying well.
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November 20, 2017, 11:35:58 PM
 #133

I don't live in crypto. While extremely useful, I really don't wanna use it in everyday life. I'll stick to fiat.
Besides with the prices being so high and the possibility bitcoin goes up even more who wants to use his bitcoin to buy something now when you can store it and obtain a lot more money in the future.
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November 20, 2017, 11:49:58 PM
 #134

i have friend of mine now hes savings is 10 bitcoins hes the one who teach me this and doing it 1 month no income yet but i know time will come
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November 20, 2017, 11:59:29 PM
 #135

Soon we will all use only bitcoin. Other currencies are unlikely to be able to compete with bitcoin
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November 21, 2017, 12:08:37 AM
 #136

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

We don't have bitcoin debit card here in our country meaning to say I don't live in cryptocurrency daily. I have bitcoins mainly for investment. But there are times I cash out a little bitcoin if I really need the money. The good thing is we can easily encash our bitcoin to our local currency by using our local app its kinda convenient to use anytime.
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November 21, 2017, 12:10:33 AM
 #137

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 earn whole from cryptocurrency but still live on fiat. I need to make frequent conversions to cash out in Fiat and to reinvest this withdrawn money to crypto is yet another hazzle for me. I am from India and trust me things are not quite fluid here for bitcoins and bitcoinists.

I use Crypto-Currency this way too. Where I live most banks aren't friendly to Bitcoins and it's really hard to finish our deals if you depend this kind of service, luckily, recently new banks have appeared and are conquering the public with their digital design, accessible for everyone with zero costs and friendly to Bitcoin. I hope they introduce some kind of debit Bitcoin card, it's not impossible at all. When this day comes I will be able to use Bitcoin on daily life.

Here, the country doesn't survive without high taxes that people are avoiding via Bitcoin, so that is the reason main banks and governments aren't friendly to it, but in India maybe Bitcoin reputation was ruined because the several Ponzi schemes, no?

 
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November 23, 2017, 09:30:41 AM
 #138

Living with cryptocurrency is really difficult in current scenarios, as these currencies are widely not accepted and there is a problem with the cybersecurity that can affect.
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November 23, 2017, 11:14:54 PM
 #139

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're not the only one who use the bitocin on dialy basis.I also live with crypto currency and making huge profit from it. I mostly accept bitcoins as payment method from my client. I have BitPay Card – Visa® Prepaid Debit card. I use this card almost everywhere Restaurant, paying bill, Buying stuff online.I think not only me and you everyone in this world who is aware about the bitcon and crypto currency use bitcoin on daily basis

Does Bitpay automate your tax report for your crypto holdings/spendings?

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hetalraj00
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November 24, 2017, 07:01:18 PM
 #140

If you don't live on cryptocurrency already, there's a pretty good chance you will.

I mean, if you comprehend the number of DApps that are going to be adopted into mainstream use over the next 5-10 years, I don't see how cryptocurrency won't be a daily use, IRL, thing. 

It's getting big, man. You take these guys called nucleus.vision for instance. Like, right now 92% of all shopping in the US is done offline, and if they manage to capture even half of that market, you can easily see analogues spreading to Europe, China, Japan, even India, once the tech penetrates deep enough.
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