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Author Topic: Bitcoin Daily Living  (Read 1773 times)
joshy23
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December 06, 2019, 02:43:15 PM
 #121

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
That's the benefits of crypto even you can't used it directly but it have a value that you can exchange to another payment process or to your local fiat to enjoy, from where am I there's a lots of ways to use bitcoin as the local exchange have the partnership with other payment process and you can convert bitcoin to order online. It won't take the process for so long and you can enjoy your needs after.
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December 06, 2019, 02:47:20 PM
 #122

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
That's the benefits of crypto even you can't used it directly but it have a value that you can exchange to another payment process or to your local fiat to enjoy, from where am I there's a lots of ways to use bitcoin as the local exchange have the partnership with other payment process and you can convert bitcoin to order online. It won't take the process for so long and you can enjoy your needs after.
Because most of the country now have their own ways to convert your bitcoin into fiat money, we also have the same way to exchange bitcoin and its very convenient and in 30seconds your money will be transfer directly to your bank account. Right now, I’m not using my bitcoin because its still cheap and I can’t afford to sell it at a loss, maybe if the bull trend started I will start transacting using my bitcoin again.

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December 06, 2019, 03:14:37 PM
 #123

Before, I got a full time fiat paying job we lived solely on Bitcoin/Crypto earnings, actually my Wife she is living on Bitcoin and paying all the bills, mortgage and her expenses again in BTC, but she has to convert to euros first. So she is living solely now form that but we save some of my earnings of fiat after I pay living costs here as right now we both work in a different country. It is not difficult anymore to live off of Bitcoin but sometimes you need to make arrangements to get the coins converted. I want to get a bitcoin debit card, that is on my list and so does my wife as well. That is something we both do not have yet.


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December 06, 2019, 04:36:32 PM
 #124

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible.
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December 06, 2019, 05:48:55 PM
 #125

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible.
Only use bitcoin for withdraw and keep become my investment assets, not available using bitcoin as legal currency in my country I keep trade and invest with bitcoin, I don't mind if government want to allow or not using bitcoin as legal currency payment, I am glad when my country give space for bitcoin to invest and trade on bitcoin without banned by government.

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December 06, 2019, 11:37:59 PM
 #126

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible.
Here in my country too, bitcoin is not really supported by the government but they are not also banning it either. There are only quite number of merchants who only accept bitcoin but in my own place, there is none. So i can't transact things using bitcoin, but only fiat. But i know as long as more technologies will come to develop, bitcoin will be more acknowledged in the coming years.

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December 06, 2019, 11:55:11 PM
 #127

I prefer bitcoin to be used for investment and trading even though i have an small amount of fund. There aren't as much use of it other than buying and selling and we dont have much access into buying things through bitcoin. I treat it as an asset not to be spent carelessly that's why im accumulating it. Even though bitcoin is legal in my country there isn't really much use of it to buy things cause local businesses hasn't really adopted it due being in a third world and people lacking the knowledge of it.

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December 07, 2019, 12:16:33 AM
 #128

good to hear that from you . i wish many users can be like you were they will try to learn to use thier btc for everyday use instead of using a fiat , in that way they can somehow show thier support on cryptos like btc . actually we are on the same boat op as ive been also living with the help of btc and other cryptos i use them to purchase my need whether daily or on every other day  . id say that btc really helped me alot , once people know how to use btc i think they will never turned back  .
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December 07, 2019, 05:46:33 AM
 #129

I prefer bitcoin to be used for investment and trading even though i have an small amount of fund. There aren't as much use of it other than buying and selling and we dont have much access into buying things through bitcoin. I treat it as an asset not to be spent carelessly that's why im accumulating it. Even though bitcoin is legal in my country there isn't really much use of it to buy things cause local businesses hasn't really adopted it due being in a third world and people lacking the knowledge of it.
Become bitcoin legal using for investing and trading I think is enough because we can get much profit with bitcoin, to buy your daily needed just sell and convert your bitcoin become cash money, right money many escrow can you use to get money faster from your bitcoin assets without waiting one day for withdrawing your bitcoin, but you have looking for trusted escrow for your cash out bitcoin.

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December 07, 2019, 11:49:30 AM
 #130

very interesting to read the article, but it can be applied if in my country bitcoin has been implemented and supported by the government, for now I still find it difficult to carry out daily activities using bitcoin .. !!
This is the reality, even in my country lack of establishment to use bitcoin as payment. So, still fiat money is easy to use that can buy goods and services. But, we can use btc in online to buy some what we needs. Also, I use btc for investment and trading other crypto.
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December 07, 2019, 12:53:14 PM
Last edit: December 11, 2019, 01:57:23 AM by TitanGEL
 #131

I prefer bitcoin to be used for investment and trading even though i have an small amount of fund. There aren't as much use of it other than buying and selling and we dont have much access into buying things through bitcoin. I treat it as an asset not to be spent carelessly that's why im accumulating it. Even though bitcoin is legal in my country there isn't really much use of it to buy things cause local businesses hasn't really adopted it due being in a third world and people lacking the knowledge of it.
Become bitcoin legal using for investing and trading I think is enough because we can get much profit with bitcoin, to buy your daily needed just sell and convert your bitcoin become cash money, right money many escrow can you use to get money faster from your bitcoin assets without waiting one day for withdrawing your bitcoin, but you have looking for trusted escrow for your cash out bitcoin.
Do you think it easy to make profit in trading bitcoin? Are you considering the risks? Trading bitcoin is not easy as you think, there are a lot of information that should be consider before making investment with trading. The volatility of the bitcoin is so high where the price is always changin every hour, minuted and even seconds. Buying and selling bitcoin is legal in our country but the government reminds our citizens that it is high risks investment and many people experience to lose their money in trading.

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crisanto01
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December 07, 2019, 01:49:55 PM
 #132

very interesting to read the article, but it can be applied if in my country bitcoin has been implemented and supported by the government, for now I still find it difficult to carry out daily activities using bitcoin .. !!
This is the reality, even in my country lack of establishment to use bitcoin as payment. So, still fiat money is easy to use that can buy goods and services. But, we can use btc in online to buy some what we needs. Also, I use btc for investment and trading other crypto.

Fiat is still the leader in crypto as of the moment, and we can't deny the fact that it would be hard for now to replace fiat as we have been comfortable using it and we are secure since we can physically see it unlike in crypto that any moment it will be gone as there's a lot of hackers out there who were using crypto world to scam and to hack people's hard earned money.
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December 07, 2019, 02:38:26 PM
 #133

Since this topic was created, I want to share the project we've created which is a point of sale, and since I am one of the many bitcoin and cryptocurrency enthusiasts here, I've decided to add bitcoin and ethereum payment option to it. That is because I believe that bitcoin in daily living could be achieved if we are to contribute our skills and knowledge in developing systems that could help people make their task easier.
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December 07, 2019, 03:06:15 PM
 #134

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin


Who here uses Bitcoin daily or lives on the financial crypto market?




I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

Many investing in bitcoin because theg are believe that they can get a benefits. And bitcoin daily living of many investor because they can see there benefits once bitcoin price goes up. So investor are in good hand once they buy bitcoin because they are know what they are doing.
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December 07, 2019, 03:55:47 PM
 #135

people can start live with bitcoin when all of people need is available, i mean payment use bitcoin. you cant live fully with bitcoin because not all store accept it as payment, not to mention in a country that ban bitcoin.

Today many people are trying to use the bitcoin or the cryptocurrency because they know it has a lot of benefits and advantage than using the traditional way. Commonly the people use the cryptocurrency to make money online. One of the good things you can do in crypto is to invest your money, while the price of the coin, your money will also grow. The other way of earning is to play gambling online with the use of cryptos it tests your knowledge and skills in gambling to make money. By these, it helps a lot of having a source of income and to your daily living like paying for bills and buy your needs and if you have extra money you can buy your needs. I highly recommend if you have money is to try mining too to have a lot of sources.

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December 07, 2019, 07:19:41 PM
 #136

I prefer bitcoin as an investment or a profitable asset in the long run, but if I really need it, I will use it as needed because I prioritize bitcoin as an asset.
and other reasons because in the country where I live, if I want to use bitcoin to be used as a payment, I have to exchange bitcoin to fiat to be used as a payment or for whatever purchases I want.

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SPIN

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Twentyonepaylots
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December 08, 2019, 03:31:32 PM
 #137

I prefer bitcoin as an investment or a profitable asset in the long run, but if I really need it, I will use it as needed because I prioritize bitcoin as an asset.
and other reasons because in the country where I live, if I want to use bitcoin to be used as a payment, I have to exchange bitcoin to fiat to be used as a payment or for whatever purchases I want.
It's kinda sad knowing that bitcoin hit and become popular as a form of investment rather than a currency, but that is what most likely to happen because of its price and I think satoshi nakamoto anticipated it that is why he made bitcoin into smaller denomination. I'm not going to be hypocrite, I am using bitcoin as a investment as a matter of fact I've been holding for a year now expecting the bitcoin could run to sky but its really sad. Bitcoin is supposed to be a form of currency to be use globally but whyy do we focus on smaller picture when talking about bitcoin.
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December 08, 2019, 03:43:30 PM
 #138

I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible.
Only use bitcoin for withdraw and keep become my investment assets, not available using bitcoin as legal currency in my country I keep trade and invest with bitcoin, I don't mind if government want to allow or not using bitcoin as legal currency payment, I am glad when my country give space for bitcoin to invest and trade on bitcoin without banned by government.
In my country, you can spend your bitcoins but limited into this certain app but of course it still priced as what the local currency value is when converted which had a certain percentage between the sell and buy price made by the website and not on the actual buy and sell orders that's why I prefer to keep my bitcoins as bitcoins and have spare fiats that I can spend or convert some of it to fiat so I have money to spend. It is better to keep bitcoins rather than spend it or spend it in the online world which would be much less hassle when you use fiat.



.
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Rainbot
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December 10, 2019, 07:09:22 AM
 #139

There are lots of things you can do with cryptocurrency, most of them are not direct. I make use of cryptocurrency sometimes, and it's mainly for receiving money. Bitpay has made it easy for us to be able to spend our bitcoins nowadays, the VISA debit card allows users to be able to withdraw their bitcoin as cash from any ATM that has the VISA logo.

Apart from the debit card, the gift cards are another great feature of the Bitpay wallet, as users don't need to leave the site, they can easily convert the Bitcoin to gift cards and buy whatever they need, whether from Amazon, booking on Delta and a lot more.
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December 10, 2019, 12:31:39 PM
 #140

in theory,I don't always use bitcoin every day ...
I prioritize future investments rather than using bitcoin every day ...
Because I'm sure bitcoin will have a brightly proven future ... with a few shops and several franchises has adopted BITCOIN and it is possible that world banks will use it as an interbank transfer ......
I hope The best for BITCOIN
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