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Author Topic: What do you use Bitcoin for ?  (Read 108 times)
rodik888
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March 19, 2018, 09:24:47 AM
 #1

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?

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March 19, 2018, 09:35:50 AM
 #2

Real life purchases in bitcoin may apply only to physical stores like grocery stores/coffee shop/local market that accepts bitcoin, and mostly its only in japan. So enable to use my btc, I send it to our local exchange/wallet and convert it to fiat directly sent to my debit card and use it when I go outside for purchase.

And for the volatility of bitcoin, I only sell some like half what I owned and hold the other half since most people are panicking with the trend of this downside.

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March 19, 2018, 10:28:07 AM
 #3

Actually we don't calculate the volatility if you have emergencies or that you must have it immediately for expenses. There's nothing you can do about it if you have no choice but to spend it we all are unless you're gonna bear the problem not helping or being a martyr for yourself.
I don't have experience buying or purchasing items via Bitcoin but we do have a converter that can convert BTC into our current real money.

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March 19, 2018, 11:19:10 AM
 #4

I try my best to use bitcoin as much as possible when making purchases online(as using bitcoin on local stores in my country is next to impossible). Usually I use to use bitcoin to pay for my servers, proxies, those stuff. Would be great though if sites like Amazon accepts it.

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March 19, 2018, 12:28:53 PM
 #5

I'm not spending bitcoin daily, but mostly I use bitcoin for buying a domain from namecheap or trade with others like buying SEO methods or any interesting things selling in the digital section.

And sometimes I use bitcoin here locally where we can spend bitcoin on some restaurant that accepts bitcoin as payment.

About the volatility, I think we can't calculate the volatility the price of bitcoin I think it depends on news or trends base on what I see.

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March 19, 2018, 01:00:52 PM
 #6

In the few months that passed away, I have brought out some portion of my bitcoin for doing and purchasing stuffs like gambling, buying gadgets online, paying for domain name and web hosting, and paying for little services on some stuffs. But i stopped, now I am holding my bitcoin and never intends to spend it. Because I believe I am in some way wasting it away. As for my source of income; I bought my coins, coupled with few altcoin I traded and the little I am getting from here.
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March 19, 2018, 03:11:27 PM
 #7

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?
To be honest people using bitcoin as just bump and dump coin not for the real purpose of safe peer to peer transactions.I am also holding bitcoins for earning purpose but I will hold that until we can use it for real purpose I think it may be useful to buy oir daily needs by 2025.And volatility is the main reason that bitcoin is jot used as currency so we need to have stable price if we want it to use as currency.

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March 19, 2018, 06:46:20 PM
 #8

I don't use bitcoin for any real life purposes, for the moment I am only holding my coins. The main reason why I don't use it, is the volatility; volatility will always be a major issue if you want to use bitcoin as a payment processor.

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March 19, 2018, 07:57:33 PM
 #9

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?
Yes, i do use bitcoin to make purchases from sites like purse or buy gift cards (from egifter) and order stuffs, but i have never used bitcoin in any of the local shops. i also have made many purchases on aliexpress using bitcoin funded VCC. Wink i do not mind volatility.

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March 19, 2018, 08:38:00 PM
 #10

Now that BTC price is cheap I'm not using it to buy stuff. Also, interesting sellers like Steam stopped accepting Bitcoin as payment method because expensive transactions and high volatility. Still waiting for more businesses and online shopping sites adopt Bitcoin...

I can't calculate volatility, it's unpreditable, the only thing I can do is to stop spending BTCs when the price is too unstable or too low.

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March 19, 2018, 11:00:27 PM
 #11

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?
- Yes I am able to use my bitcoin for real life purchases these days as I am now in a country where we can pay any bills with bitcoin (using 3rd party)
- I store my bitcoin in safe offline wallet while keep profits I make with daily trading in USDT which later on I use to buy bitcoin and use it for purchases.

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March 20, 2018, 04:37:08 AM
 #12

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?
Normally buying interesting stuff on Online shops although we process Bitcoin into a real paper moeny to spend on. I dont usually use Bitcoin as a payment on anything i just ask my friend to trade me some of his paypal money then i give mine too(BTC) equal rating.
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March 20, 2018, 06:26:30 AM
 #13

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?
How I wish that I can use it from day to day real life purchases. This is only applicable for a country that has stores that are ready to accept bitcoin and that is not available in my country.

But there are services where I can use bitcoin for direct payments but for very few services and people.

I'm not that good in calculating volatility of the market it just can't happen in my part. What I do is just follow the simple trend of up and down, green and red market.

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March 20, 2018, 07:19:03 AM
 #14

No I am, I only use bitcoin as a source of income such as trading and investment. In my country making payment or transaction with bitcoin is strictly prohibited. Hopefuly in the next few years they (goverment) will re-regulate and bitcoin is allowed for a payment. So, I just exchange my bitcoin in my wallet to physical money and spend money using it, surely it's very safe compared to using btc who have a volatile price.

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March 20, 2018, 02:49:31 PM
 #15

Hey guys ... do any of y'all use Bitcoin for real life purchases?

After Visa and Mastercard implement hard measures against bitcoin, it is very difficult to shop with bitcoin.


If so what and through which sources ?

I use this card: https://wagecan.com/Pricing

with him I can transfer my bitcoins and make purchases in my country. But the card is very expensive. But for now is only alternative that I have

And how do you calculate the crazy volatileness of the market ?

Hmm... with this card everything is very simple. If the price of bitcoin is for example $10.000, you want to deposit 0.01btc then your account will be credited with  $100 and you can use the  $100 to make purchases with the card


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March 20, 2018, 03:05:38 PM
 #16

its difficult to actually spend BTC at the moment for items not
listed on the online stores which accept it.

I converted BTC to FIAT to fund a project I have ongoing, the
items were Engine Parts Grin and where I shop for them doesnt
accept BTC

It is important to ask the question though because it shows the
vendor that there is a demand for BTC and crypto. If they get
enough queries they might consider accepting payments sooner!

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March 20, 2018, 04:30:51 PM
 #17

Hey guys ... do any of y'all use Bitcoin for real life purchases?

If so what and through which sources ?
And how do you calculate the crazy volatileness of the market ?

There is site called purse.io bro. You will be able to sign up and purchase the day today life usage things on Amazon by using this site as a pipeline bro. You can get the additional percentage profit for by using the purse site.
If your purchase goes more than 3 times, you may able to earn the reward points and that can used in your next trades.

You cannot calculate the price volatility of any crypto currency. Nothing will working according to your expectation.

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March 22, 2018, 02:38:08 AM
 #18

I normally hold half and convert my other half to fiat money, here the Philippines we have this coinsph where we can deposit our bitcoins directly to our bank and it will be converted to our peso money.

So the other half was withdrawn yo fiat money the half or 1/3 of the remaining half will be hold and the rest will be traded to altcoins.
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March 22, 2018, 09:10:20 AM
 #19

Lately, Many people are using bitcoin and not only bitcoins but many other major cryptocurrencies like etherum, litecoin etc. which is a good thing as it a symbol that cryptocurrency are been circulating around and many be probably be used by many countries soon enough. I onced used my cryptocurrency, bitcoin in particularly to buy a laptop though not from a  popular sites like amazon. And it was good and the transaction process was smooth. We just hope more sites like amazon, bestbuy and the others would consider implementing bitcoin payment system to make  it easy for we bitcoin users to purcahse things off their sites.
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March 23, 2018, 02:09:06 AM
 #20

I mostly send my bitcoin on local exchanges so I could pay some of my bills(if that counts). Most stores in my country doesn't accept bitcoin before if I have to spend my bitcoin on something I have to exchange it to fiat.

We just hope more sites like amazon, bestbuy and the others would consider implementing bitcoin payment system to make  it easy for we bitcoin users to purcahse things off their sites.
All4btc is a kind of site where you order what you want and pay them in bitcoins. There's also bitcoin debit cards like what slow death already mentioned if you don't want to give out your personal info cryptopay lets you have a virtual card with a lower transaction limit.



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