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Author Topic: Do you use cryptocurrencies in your daily life? Are they useful?  (Read 14296 times)
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January 18, 2020, 11:57:51 PM
 #541

When we go using bitcoin on daily needs we should not take or think about the fluctuations into consideration. Because the same product will have a varied price today and tomorrow when we have calculations made in terms of bitcoin. Right now very limited locations have got increased access of bitcoin usage on daily needs. Hopefully this will increase, as people making investment on cryptocurrencies have increased than the past.

People begin with investing and further only move towards regular usage once learning better about the market and the goodness over the traditional fiat.
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January 19, 2020, 02:01:17 AM
 #542

Crypto currency in my country is not illegal but, even if it is not prohibited by our Government for me, it still does not gained or reach its popularity peak compared to other country. As for me, that have yet started here in the crypto world, I still have yet to learn all the important concepts when it comes to Bitcoin so for now, I would only rely on gaining and earning money by posting that has less risk other than trading and gambling.

Even if it is well known, it still can be unusable in many locations.  It's still early in Bitcoins development so it will take some time.

 
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January 19, 2020, 02:06:18 AM
 #543

Crypto currency in my country is not illegal but, even if it is not prohibited by our Government for me, it still does not gained or reach its popularity peak compared to other country. As for me, that have yet started here in the crypto world, I still have yet to learn all the important concepts when it comes to Bitcoin so for now, I would only rely on gaining and earning money by posting that has less risk other than trading and gambling.

Even if it is well known, it still can be unusable in many locations.  It's still early in Bitcoins development so it will take some time.
The reason why it is still struggling to have an adaption is because of the volatility of the market that made the stores and other people skeptical because they do not want to lose money or absorb a high risk type of money because all they want is convenience and not a fluctuating money all day. If there will be a stability in bitcoin, it will have a faster adaption for sure.

 
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January 19, 2020, 05:44:43 AM
 #544

Yes, I use cryptocurrency in my daily life nowadays. Even today I am gonna buy a smartphone for my Girlfriend, I am doing it through Ethereum! Absolutely it's useful and it feels good! Before I did between my friend circle, but gradually it is being expanded in our country!

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January 23, 2020, 06:11:17 PM
 #545

One good tactic that you may like to try is that in the future when bitcoin once again reaches a new all time high then it could be a good idea to begin to spend some of that bitcoin, that way you're not going to be that mad that you spend your bitcoin when it was very low in value,
Ya, but everyone including you doesn't know when is the "very low" value like you said, sometimes the price can be bottomed down for long ass time and then you can call that very low value, unless you don't know how to actually decide the price. Then you should not bother to actually say that.
I am encouraging people to spend their bitcoin when it reaches a new all time high and not when to predict the bottom, and knowing when the price has surpassed its previous all time high is very easy just look at any website that keeps track of coins and look at the last date of the all time high and if it says today then you should spend some of your coins, even if the price keeps increasing you are still going to get a good price for your coins which is one of the main regrets of those that spend their coins and then realize all the money they could have now.
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January 24, 2020, 07:53:59 AM
 #546

I actually used both crypto and bitcoin to pay for something but it really didn't have any positive impetus. because I usually deal with my colleagues with crypto. I wanted to buy a friend's Mazda car in the past, he offered 5 bitcoins and I transferred it to his wallet, which was an extremely quick transaction. and then I tried to pay at Pornhub to get a Gold account. all these times I actually paid with crypto and it was quite interesting. but it seems that my dealings with friends are the majority. That shows the limitation of crypto payments.


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January 24, 2020, 08:22:11 AM
 #547

I actually used both crypto and bitcoin to pay for something but it really didn't have any positive impetus. because I usually deal with my colleagues with crypto. I wanted to buy a friend's Mazda car in the past, he offered 5 bitcoins and I transferred it to his wallet, which was an extremely quick transaction. and then I tried to pay at Pornhub to get a Gold account. all these times I actually paid with crypto and it was quite interesting. but it seems that my dealings with friends are the majority. That shows the limitation of crypto payments.
unfortunately in my country there are not many who accept payments using cryptocurrency, there are indeed some people who accept payments using cryptocurrency but not all of them because the government in my country still has not legalized cryptocurrency as a means of payment.
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January 26, 2020, 10:44:41 AM
 #548

Cryptocurrency helps a lot since the day that it is become part of the transaction in terms of business. It provides a faster transaction that will lead to faster movement of the economy inside your business. I love using it since it fasten the transaction like what I have said since it is now digital and can finish a transaction in just a snap.

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January 26, 2020, 11:23:25 PM
 #549

By now no one uses crypto in everyday life: those who believe that they will have a future keep it, those who think that everything will end in a bubble have probably already been freed from it.
So there are only speculative exchanges, and this is obviously the biggest limit to crypto development.

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January 27, 2020, 02:23:44 PM
 #550

Cryptocurrency helps a lot since the day that it is become part of the transaction in terms of business. It provides a faster transaction that will lead to faster movement of the economy inside your business. I love using it since it fasten the transaction like what I have said since it is now digital and can finish a transaction in just a snap.
That's reality of the time that bitcoin has become the best thing for our economy and it made out life so good. With bitcoin we have become so good financially and we got facilities of online payments. Bitcoin is acceptable in shops and market for buying things of our needs also we have chance to use it as an asset for long time.

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January 27, 2020, 03:53:56 PM
 #551

I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!



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January 27, 2020, 06:40:31 PM
 #552

I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!
No problem. you can convert your cryptocurrency to fiat money and use for daily life. its also happen to me when i can not use my crypto in daily life but my country and goverment not accept for payment yet. so before use i always convert my crypto to fiat money, its no worries for me because i still use it for online

 
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January 27, 2020, 11:03:20 PM
 #553

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make  our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.

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January 27, 2020, 11:16:39 PM
 #554

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make  our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.
So cool Shocked! But how can you everyday use it? I'm just asking because based on you statement it seems that your place has so many opportunities for using crypto. While in my case, I only use bitcoin weekly for buying prepaid load to my smartphone but if I really had given a chance to see a physical store where I can find everything I wanted then I think I'll miss fiat for a long time hahaha Grin.
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January 28, 2020, 01:05:53 AM
 #555

I'm not using it daily but rather weekly. If you look at my signature, one of the payments for advertising is obviously through a crypto currency. So the use case is there. A few years ago it was piss-cheap(like nothing) to use the blockchain due to low demand, so I was transferring mining rewards up to 3 times a day to my wallets. Guess it's time to apologize for my blockchain pollution (including some data storage spam in Bitcoin *cough *cough)? ^^

On the other hand, I only really used crypto currencies once to buy real-life goods for it. When traveling to Berlin, I could pay for beer and french fries with coins that my gaming GPU mined just a few days before the trip. How cool is that !? My gf at that time was proud, but not entirely sold to that concept. But she didn't mind the tasty german beer I guess.
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January 28, 2020, 02:05:38 AM
 #556

Of course I used cryptocurrency in my daily life it's been 4years since I start to use it. And I should say that cryptocurrency is useful especially that our generation in more high-tech and some is using digital technology to make  our daily life easy. This time cryptocurrency is useful because some are adopting the crypto to their platforms to make easy to their user/customers.
mind telling us in which way you are using crypto in your daily living?what specific product or service that offers accepting crypto in your country?am just interested on which you will share us so we might have ideas?

in my country there are some few service or product that accept Crypto specifically bitcoin that is why i can only use it in minimal ways but i always find places where i can spend my currencies.
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January 28, 2020, 09:45:24 AM
 #557

I can't use cryptocurrency in my daily life, except in one case, if I wish to gamble every day I can use cryptocurrencies for that, which I am doing, but it's my own thing. Not every country is in the same position, not every man is in the same situation, why people can't make a difference. Can I compare myself with someone who lives in Tokio, New York, London, Beijing....? I can't, and why I would do?
People complicate too much, and from all that complication they still stay in the mood! Keep it simple, do what you can, wish for what you can achieve with hard work!
No problem. you can convert your cryptocurrency to fiat money and use for daily life. its also happen to me when i can not use my crypto in daily life but my country and goverment not accept for payment yet. so before use i always convert my crypto to fiat money, its no worries for me because i still use it for online

I'm doing that, there's no other way. I wanted to say that I can't use cryptocurrencies directly. Converting cryptocurrencies in fiat means several transaction fees, exchange fees and in the end bank fees. It's not a big deal, but when you are forced to do it several times in short periods you see that fees can eat your money.



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January 28, 2020, 07:22:22 PM
 #558

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.
I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.
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January 29, 2020, 04:26:43 PM
 #559

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.
I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.
This is really sad to see in this modern era people do not know about crypto when it has become basic need for us. In my place people are well educated and they all know how useful and beneficial crypto is. So I can easily buy and sell with crypto whatever I need and I want to get in can buy because markets accept bitcoin as payment and they have safe exchanges for it with quick service.
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January 30, 2020, 02:10:35 AM
 #560

I used to pay with crypto to buy expensive stuff and it was interesting. Although the experience was not so different from fiat money, I was happy when people started to know bitcoin and wanted to hold it. The thing is, do I want to buy some household items? After I went to the store, the owner said he could receive bitcoins or ETH at checkout. I was happy about that and suddenly realized that if there were so many people, the demand of crypto would increase a lot.
I would love for that to happen to me but most people in my country do not even know that bitcoin exist and the few that do think it is a scam or something because they do not take the time to investigate for themselves about this coin and they let the media to tell them what to think, and as long as that is the case I really believe I am not going to see a lot of adoption in my country and I will have to keep holding my coins even if I want to spend some of them in stuff that I want and need.
This is really sad to see in this modern era people do not know about crypto when it has become basic need for us. In my place people are well educated and they all know how useful and beneficial crypto is. So I can easily buy and sell with crypto whatever I need and I want to get in can buy because markets accept bitcoin as payment and they have safe exchanges for it with quick service.
that's because you're in the environment of bitcoiner. We know that bitcoin users in the world are very minimal, so that it allows many people around us not to know them. moreover there is no regulation from the government, which hinders its development, in my city, there are only a few bitcoiner that can be counted on the fingers


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