Do you think twice before paying with Bitcoin?

[amih]

I prefer bitcoin as an asset for investment rather than as a means of transaction other than that in my country there has been no official enforcement from the government to allow transactions with bitcoin for the reason that there is already official money to conduct a transaction. and if I want to do the transaction usually I do is to exchange bitcoin into fiat money.

[Astie117]

do mean hesitant? though paying through internet with bitcoin is somehow a bit risky for first timer... but if its a must... then give it a try only to something which is not costly...

[angelaurum]

yes absolutely because bitcoin is more of a stock rather than something to be used as a payment system
it is used for investment by many people because of its price volatility and most of fiat currency are not like that
the way the price changes radically makes it more of a stock rather than a currency

[colmenajose]

It is logical to think twice about paying with bitcoin, since it is a cryptocurrency with a high profitability, to spend it as a fiat currency. I believe that the best and most prudent thing is to use bitcoin as an investment in time and not as an expense.

[barontamago]

Well if you have truse on your strategy and what you are thinking ni more doubt and invest it. No more 2nd thought because when you are investing most of people search on the previous result and on what thr learn about it they know that its the right time to but and no one can stop it. For investing is like a gamble you just trust ou self no more deep thinking

[heureca]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

Yeah, people afraid of big volatility of BTC and other criptocurrencies. Mostly people buy BTC as investment but not for payments

[JPablo]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

Pay through internet with bitcoin is somehow a bit risky for first timer, but I like to try it some how. I'm not even try it since I start hope that i can try soon. I think it's very nice experience and the time i learn how to do it hope all payment will be like that.

[chris200x9]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

Yeah, people afraid of big volatility of BTC and other criptocurrencies. Mostly people buy BTC as investment but not for payments

If the price was not crossed $20k margin then people may use it for payment mode, now everyone knows the price will again rise so nobody will show interest to lose there BTC to buy some daily stuff. as you said people are treating BTC as an asset.

[jbdjy]

Bitcoin isnt accepted as worldwide payment method so there is no reason to hurry up about buying daily stuff while paying in bitcoin. I always check transaction address twice and control miner's fee in order to send best possible time without any delay. I dont want to get in trouble with someone specially if there is no refund feature in cryptos that is the reason behind to check receive address few times.

Accepting Bitcoin payments has facilitated the process of Bitcoin's entry into the mainstream population. In short, if consumers begin to use Bitcoin extensively to pay for their daily consumption, tax laws will reduce the enthusiasm for people to use Bitcoin.

[daarul50]

I have not dared to make a payment using bitcoin because transaction costs using bitcoin are so high that I only make bitcoin as a digital asset for long-term investing. But, if I am forced to use bitcoin to make a payment then I do not mind as long as the transaction fee does not exceed the price to be paid.

[SportsbookBettor]

Before i used to pay stuff using bitcoin and the price of btc before was low so the fee is very low too. It's very convenient to me at that time because i only have btc as my option to pay stuff. I had not hesitate to pay with bitcoin at that time. But when the price starting to increase and eventually the miners fee also increasing i had to think twice if i'm going to continue to pay with bitcoin but later on, i decided to quit paying with bitcoin and starting to see it as my investment. I can't afford to pay for high fees before because btc is rising. If only the miners fee is low i think i will be using bitcoin as a payment option up to now. Let's see in the future if some company again begin using btc as another payment method.

[vdhsas]

I also felt the same thing because I really believe in bitcoin capacity to increase in the near future. When I need to purchase something, I usually turn it first to fiat or use fiat to buy what I need so that I wouldn't regret that I use my Bitcoin.

I think you're right, and paying with Bitcoin will make you regret because you don't know whether Bitcoin will appreciate or not. If you trade with Bitcoin, you may lose.

[Mystica101]

Yes, not just twice but several times because it is an investment and its kinda hard for me to pay or withdraw and exchange it to fiat specially when the market is red but I guess it happened and experienced by everyone here if there's an urgent money needed. We got no choice but always think that bitcoin is best for long term invesment and not to be use for expenses, if there's other way for you to not use it then don't.

[CryptoMark2585]

Yes i think before btc buy so many things personally io dont buy btc when the price too high i just try to  buy btc when price down and the other situation is green. i am not a day trader  i am small investor so i try to buy btc when market red .

[chipzeru]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

I also prefer to pay with fiat as i anticipate the volatility too and still not convenience to pay for daily micro transactions but if there's only bitcoin payment in an online merchant that i could afford, i wouldn't mind to pay with bitcoin.

[vendy86]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

for me paying with crypto more easy secure and fast.
but i always double check for the destination address.
doesn't like fiat, there's nothing we can do if we send to wrong address.and we will lose our money forever

[Trofo]

I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?

I am deciding on a case to case basis. Usually I don't have a problem with paying with BTC but if I see that we are currently in a big dip I will probably use fiat. On the other hand if we are currently a little overbought I will make sure to use BTC.

[craZyLovE0916]

Not at all. If I am carrying out a transaction with a seller which accepts bitcoins, I do not hesitate to use it as I see bitcoin just as much of a currency as it is an investment asset really. Bitcoin has a lot of potential when it comes to being a currency. Although during bear markets such as this, I tend to use fiat as I wait for the price of bitcoin to go back up again.

[Cactushrt]

Yes i'm scared that if i pay bitcoin then within an hour the price will increase but im usually paying with fiat like you instead of my bitcoin.

[phelbaby]

I don,t even try paying with bitcoin,more over bitcoin payment is open in my country,we still use fiat pay. But if this is made valible in my country i will like it paying but with caution