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Author Topic: Where do you spend your money from Bitcoin?  (Read 12388 times)
Kousei23
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December 03, 2017, 03:21:54 PM
 #521

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I usually spend my bitcoin of course in buying things I want and things that I need like primary needs and other things to be bought. I like to work hard in bitcoin because of the things I want to buy, things I want to get and placed I wany to go to. Many people nowadyas also do it because it is their primary reason of earning it.


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Destnhel
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December 03, 2017, 05:42:54 PM
 #522

For now i didn't have money but if i will have i will invest and make more then i will save it for my son's future, and will use it for the things that we really need, not just for what i want for my self.
JCLee
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December 03, 2017, 05:54:32 PM
 #523

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I want to spend my earned money for life. There are many things I want to buy but not enough money. Earn Bitcoin maybe I'll buy something I like soon: D. If you earn more BTC I would consider investing in Altcoin to make big profits.  Cool

Dudeperfect
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December 04, 2017, 05:25:34 AM
 #524

To be honest, I want to spend Bitcoins in my day to day life but since there is not even a single merchant in my town I have to rely on the internet in order to spend my Bitcoins. I usually top-up my mobile, DTH account using the sites Bitrefill and I also buy domains from Namecheap like sites where I can deposit my funds directly in Bitcoin. I haven't tried any e-commerce site yet in terms of physical goods but I am willing to try it soon.
Day to day spending of bitcoin is not available much. Slowly more online stores will start accepting bitcoin as a payment, because now the user profile got for bitcoin is very small. I'm not interested in spending, and my major focus is to save bitcoins giving importance as a long term investment.
Well they are the closest one to adapt since, it is in the internet. Hmm I think most of you misunderstood the concept of Bitcoin, on how volatility works specifically. You see, by holding Bitcoin especially a large number of it, will result a halt or even worse a dump to the price of it. Although we can say that it is indeed decentralized, but it doesn't work the way we see it. By doing your assignments and study more on how it alters is a good start, quite a pain, but we should all be familiar with it.

So considering, you're spending almost every single day by using Bitcoin, or even converting Bitcoin to fiat helps to increase the price of it (you will believe me).

Well, there is no point if I am selling my funds to get a fiat currency. It will create a more supply and hence the price will fall as per the law of demand and supply whereas when I spend it to buy goods and services, it creates a contribution into the growth of the network and it also helps to build awareness about actual utility value cryptocurrencies.

However, $10K mark is literally pushing Bitcoin to be a mainstream but still, there is a long way to go and huge room for improvement. Situation is gradually changing and I am sure that in the coming years, things will be better.
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December 04, 2017, 06:06:51 AM
 #525

I am glad that Bitcoin is a legal tender in my country.  Anytime, anywhere I can convert bitcoin to cash in my e-waller.  I can visit places that I love most because of bitcoin or have a treat with my family in expensive restaurants.
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December 04, 2017, 06:09:03 AM
 #526

Most of my Bitcoin are stayed at Bitsler, one of my favorite gambling websites. Sad
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December 04, 2017, 07:08:41 AM
 #527

I did not earn yet here in bitcoin, currently i am on a signature campaign and hoping given a chance to earn from here. If that will happen I will spend the money first of all on the needs of my children. I am now a single mother and I'm thankful that bitcoin came into my life and I think this will really help me a lot especially in my financial difficulties by earning extra income from here. Because of bitcoin many lives become better because of what they have earned from here, so for me I have to make extra effort and double my time to become successful in this bitcoin world also.
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December 04, 2017, 07:29:44 AM
 #528

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

in the first place i imagine where will i spend my money from bitcoin?the first is i want to spend it to my family and the others i will give it to my neighboors and of course the others i will save it for my family thats it.
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December 04, 2017, 07:37:13 AM
 #529

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I often use my money as a result of the benefits of bitcoin playing I usually use to buy my living necessities and I donate some to the underprivileged or the old orphaned or the old homeless.
It is good you are really spending what you have. At least without spenders, bitcoin won't be where it is today. The real life usage makes the money circulate. I spend some of what I earn too though and I always do not regret it even if it increases in value.

Life is meant to be enjoyed but one still have to be smart to learn to sacrifice some things now for the greater good, most especially with bitcoin that we all do not know its peak yet.
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December 04, 2017, 07:38:20 AM
 #530

Spending your Bitcoin on purchasing things for now isn't a smart plan, the price of it are going up and up, try to save it as much as you can is the smart plan.
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December 04, 2017, 07:39:42 AM
 #531

Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

in the first place i imagine where will i spend my money from bitcoin?the first is i want to spend it to my family and the others i will give it to my neighboors and of course the others i will save it for my family thats it.

I want to spend my bitcoin to my family only, because my family loves me and care me a lot, i don't want to waste my money to those person who doesn't care about me and i love travelling so maybe i spend my money in travel.
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December 04, 2017, 08:28:53 AM
 #532

From the time I acquire bitcoin I usually spend it when I needed to buy things for my family. Because I hold bitcoin from the start so I spend it for emergency purposes the rest of my bitcoin for long term.
I was in bitcoin because of my economic needs and daily necessities, and I spent some of my income from bitcoin for my family's basic needs and partly I tabled for other purposes if suddenly and in need. other than that for the need of pulses or quota so I stay online doing work on bitcoin .. since I was in bitcoin and earn income from bitcoin my needs whatever is fulfilled even there is still left untuj I tabungkan, I am very happy to be in bitcoin and I hope in the future I will be able to have a house along with its contents and other needs.
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December 04, 2017, 08:32:51 AM
 #533

for now i spend bitcoin to meet my daily expenses and to pay for school children, maybe next year i will try to save more by saving bitcoin in my wallet for my son's future.
I believe bitcoin will still continue to increase of course with passing of the popularity of bitcoin will grow faster.
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December 04, 2017, 08:43:21 AM
 #534

it's 50-50 for me.
I use some income from bitcoin for my life needs, and the rest I use for investing in some altcoins.
We know that investing in altcoins can increase the chance for more profit. And surely after that, the income from altcoins will be spent again on bitcoin.

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December 04, 2017, 08:44:36 AM
 #535

I spend my money on buying assets to have more income. I won’t put my money in the bank but instead i will invest in bitcoin or other alternative coins. Investing your money is better than saving it.

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December 04, 2017, 09:09:13 AM
 #536

I usually use bitcoin to invest primarily, I do not use bitcoin to buy food or clothes and other things, ... because I think of those things,
we buy them in cash, it is not necessary to use bitcoin. I think we should use bitcoin to invest or some form of earning money ,which
will help us financially better.
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December 04, 2017, 11:44:51 AM
 #537

I spend it for my daily needs like payment for water bill, house and etc. and for my allowance and bitcoin is my source of income that can help me in my daily needs and also my family and i hope someday i make my own business by the help of bitcoin to double my source of income because now a days you cant survive in everyday life.

But I supposed you do not pay your bills for water and the like. Grin  I am also using bitcoin as my additional source of income.  Through bitcoin I learn to value my hard-earned money.  I now have savings because I realized that if I keep my earnings it can grow.  Currently, I do not spend my bitcoins because I am saving it to spend it on much needed things.
Yeah volatility is the major reason behind the earning in bitcoin and trading is the best thing to do in crypto to earn as much you can, earning in bitcoin is like adding sugar to the tea and as more you add it result more sweetness and that’s there are many people who are now rich just because of bitcoin and they are admitting it and money from bitcoin can be used everywhere and mostly people use it for achieving their desires.
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December 04, 2017, 12:02:45 PM
 #538

I usually spend a lot of money buying miner equipment. So it continues in a loop. Sometimes I do trading with Altcoins, I spend online casinos on weekends.

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December 04, 2017, 12:22:58 PM
 #539

Im just starting on bitcoin, yet I really believe on speculation of btc price in the future to be a huge amount so I long as I necessary Im just saving my btc and trying hard not to spend even in single satoshi.
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December 04, 2017, 01:14:32 PM
Last edit: December 04, 2017, 08:47:13 PM by akishang
 #540

I will spend a part of my earning (from bitcoin) to pay my electricity bill and phone bills. Majority of my earnings will be used for trading. I want to invest on coins for me to earn more. I hope that its not too late for my investment. I like to bet my money on coins because I will have a higher chance of winning.

To purchase things using my earning from bitcoin will be tempting but I will resist the temptation.

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