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Author Topic: Where and How to Spend Your Bitcoins?  (Read 13913 times)
South Park
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July 20, 2018, 02:30:09 PM
 #61

I just see BTC as a tool for speculation, I do not use BTC on the purchase and sale of goods and services.
Then you are missing the whole point of bitcoin, bitcoin is a currency it is true that it is not the best currency, when the network is busy the confirmation can be slow and expensive and it is not being accepted in a lot of places but despite all of those flaws bitcoin still is one of the best currencies around the world and using it only for speculation is a huge mistake.
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July 20, 2018, 03:17:16 PM
 #62

I just see BTC as a tool for speculation, I do not use BTC on the purchase and sale of goods and services.
Then you are missing the whole point of bitcoin, bitcoin is a currency it is true that it is not the best currency, when the network is busy the confirmation can be slow and expensive and it is not being accepted in a lot of places but despite all of those flaws bitcoin still is one of the best currencies around the world and using it only for speculation is a huge mistake.
Understanding the service that can offer would bring some good insight not only for speculation tools or investment assets but a system where payment services can be done, though what you have said is right when the network is busy fees getting to high in order to prioritize your transactions but there's a lots of room to improved and if this main idea will be adopted all over the world then this system can cater any transactions same thing what credit / debit card can process.
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July 20, 2018, 03:20:50 PM
 #63

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



I usually use my Bitcoins into important things only. But I do not let my wallet that would have 0 balance of Bitcoin. I am a bit scared that I would be left out if Bitcoin goes high again.
you can do it in some exchanges that hold the coin you need, but for what reason you spend it if it is not in a state of urgency, it is very unfortunate because you can do something wiser like trading or investing.

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July 21, 2018, 06:07:39 AM
 #64

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


There are lots of ways you can spend your Bitcoin. If you are looking for a way to spend them on some necessary things like home equipment or so, then you can check out online and you will see lots of sites that accept Bitcoin for buying whatever you need just like overstock.com. Purse.io can be another good option cause they allow you to buy straight from Amazon even with discount of about 25% or so. So there are lots of ways, if you want you can also withdraw to real money (fiat).

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July 21, 2018, 06:14:56 AM
 #65

There are many sites that accepts bitcoin as payment like amazon. You can pay someone for trade and their service with bitcoins. You can convert your bitcoins into cash. You can also use your bitcoins in some stores if your government allowed bitcoins in the country. There are many things you can do with bitcoins and it can be used by anyone and anywhere in the world without any verification or proofs. 
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July 21, 2018, 06:40:47 AM
 #66

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


Bitcoins or altcoyins are hard to spend. It is just necessary to translate the crypto currency into fiat and already spend the fiat money. I usually use localbitcoins.

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July 21, 2018, 12:58:30 PM
 #67

Well sadly to say that in order to spend my bitcoin here in my country, we need first to exchange it in our real money or simply covert it. Well I have wallet that is convertable into our own currency that's why I can convert my bitcoin in an convenient way.

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July 21, 2018, 01:04:44 PM
 #68

I only use crypto to buy some gift card or digital code for games online because there's only a few places that accept it and the price is usually slightly higher. In my country bitcoin is banned as payment option so i have to exchange it to local currency first before spending it on some food or something else, but it will slowly change in the future.

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July 21, 2018, 04:13:11 PM
 #69

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


I am trying not to spend my bitcoins ever, because I believe in the potential of this coin. If it will reach $100,000 I will be the one who kill myself for spending bitcoin while it was $7500.
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July 21, 2018, 04:17:22 PM
 #70

Well bitcoin has a lot of utilities now and it is even accepted as payment for a product or services. Here in the Philippines there are few restaurants that will going to accept btc as a form of payments. In some altcoins also there are few altcoins that are utilizing their coins after implementing their project like the rental properties project that has earning already and token could be utilize in a form of payment. Investors had already earn also their shares from the rent being collected from those renters.
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July 21, 2018, 05:44:00 PM
Last edit: July 24, 2018, 06:14:55 PM by Kabul
 #71

i usually exchange my bitcoin into fiat. And you know, People use fiat to buy a lot of thing and i am not an exception. I have already bought a lot of thing with my fiat. For example, I have already bought for myselft a PC (which was around $3000) and a motorcycle ( approximately $3600)





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July 21, 2018, 06:28:06 PM
 #72

You have to find out some online stores to spend bitcoin or have to find some places near you whom accepting bitcoins, so it depends on your living area.
You can also sell your bitcoin to exchanges & convert your bitcoin to fiat.
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July 21, 2018, 07:03:02 PM
 #73

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


Depending on the person who wants to spend it, the person wants to spend in the form of bitcoin/altcoin or in local money. It may be easier if you spend it in the form of your own country's currency because it does not need to find a country that has received bitcoin and make transactions there.
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July 21, 2018, 07:08:16 PM
 #74

I've been getting bitcoin from mining and trading
I spent my bitcoin on real estate investment because I really like to invest in that field, besides I also bought gold for investment to three
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July 21, 2018, 07:09:48 PM
 #75

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


I can not spend my altcoin and bitcoin directly.
I have to mengkonvesrsi it first, there are some online stores that accept payment using bitcoin.
but I prefer to shop with fiat money.
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July 21, 2018, 07:10:21 PM
 #76

well where to spend your bitcoins aint something to worry about much. A lot of store accept bitcoins. Even some online vendors accept bitcoins. I don't know about these days since bitcoin price ain't stable these days . Some store would stop accepting them. However this is the best time to keep your bitcoins  . Bitcoins will rise like wildfire and you can spend them later.
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July 21, 2018, 07:16:03 PM
 #77

The answer might surprise you. We have now many ways to spend Bitcoins – from shopping at Bitcoin merchants to booking travel, trading Bitcoins and gambling with your Bitcoins at online casinos. Few Examples are as
SpendaBit.co, newegg.com, cryptopet.com, Reeds Jewelers , Expedia.com, Fold App, Gyft, Computer giant Dell accepts online Bitcoin payments through Coinbase in the US, UK and Canada. Windows users can purchase apps, games and videos for Windows, Windows Phone and Xbox with Bitcoin.
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July 21, 2018, 07:39:28 PM
 #78

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


Regarding the altcoins it depends on the coin itself whether they features such thing like buying because each coin has their own purpose and goals or roadmap to follow, now about bitcoin that depends on your country some site has offer a online shopping and you can pay them using bitcoin and the other thing, in our country there is a lot of company that supports bitcoin and guess what we can pay bills using it.



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July 21, 2018, 07:56:49 PM
Last edit: July 21, 2018, 08:08:41 PM by ralle14
 #79

Bitcoins or altcoyins are hard to spend. It is just necessary to translate the crypto currency into fiat and already spend the fiat money. I usually use localbitcoins.
Spending your Bitcoins online is not that hard to do now that a lot of websites accept them.

Expedia.com
Expedia stopped accepting Bitcoin last month (article).

I do not think that it is good time to sell your bitcoin. I think that you should wait for some more time, because now we can see that bitcoin price has start increasing its price and therefore i can expect that after few months we will the bitcoin price trading in 20000$. We only need to remain patient and wait.
If you're in a dire situation and Bitcoin is the only thing you have left I doubt that waiting for the price would be an option.

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July 21, 2018, 08:02:48 PM
 #80

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



Using certain services (I will not advertise it) exchange bitcoins into fiat to your Visa Card, and then spend as ordinary money anywhere.
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