Bitcoin Daily Living

[gabbie2010]

Bitcoin is the simplest as a payment method but for a small transaction the cost or fee is extremely expensive comparing to another payment system such a PayPal. I think this is the reason why people still don't want to use it, there are so many options for payment method right now, bitcoin also is not accepted widely due to the popularity or government regulation, people in other countries can't use bitcoin for payment/currency it's against the law, so far fiat still the best choice for everyone whether using PayPal, debit card, etc.

Well particularly it is because of the high volatility rate of bitcoin. It could even be the reason as to why transaction fees are very high. Small merchants just wouldn't take the risk that high price fluctuation could cause them. This can be solved by bitcoin achieving a stable value. which by now is kind of farfetched, but still highly possible in the near future.

Bitcoin really needs a lot of improvement maybe it couldnt run today in such a good and excellent way but as time passes by I believe that it will improve. And also as long as we are here we can help the crypto world to improve. What we cant change is the coin's volatility because it is virtual money and we what we are talking here is about the demand from the stock market.

Every digital currency need improvement to better and very safety by accepting as legal currency payment where have guarantee for buyer and seller more safety by using bitcoin as legal currency payment way on the future, but before bitcoin become legal transaction have update new feature way where make easy when using bitcoin as payment transaction.

But I really dont think that the bitcoin can replace the fiat as a national currency because of its volatility. Instead of helping people to lessen the poverty, it will more drive the people to poverty because of its volatility. And also there are a lot of things that the fiat can do but not the cryptocurrency like for example money lending. In the traditional bangking we can lend money with interest but in crypto world we cannot lend money.

Merchants are afraid to volatility and that is why they are still not adopting bitcoin as currency. The price of the bitcoin is keep changing and it is hard for them to compute their total sales and also the losses that they may occur. Fiat will be the best to use in terms of payment because all of the merchants and business are willing to accept it.

Instability of it value due to volatility is a major obstacle or barrier for adopting Bitcoin as a currency personally many hodlers use it as a store of value rather than as a payment system, In years to come maybe the price would be stable thus merchants might adopt or accept for payment at present it would be quite difficult to adopt it due to it fluctuation

[Murat]

When you have got the opportunity to use Bitcoin in your daily then you may avail that opportunity, it's a simple case but in this world, most of the region are not allowed to use cryptocurrency and Bitcoin so how most of the population used to get this thing, so mass adoption is very necessary for this purpose, but I do believe that most of the international organization will allow Bitcoin and cryptocurrency very soon and we also could get the chance to make Bitcoin an essential tool in our daily life, that is why local and global adoption is very urgent for this purpose.

[yulionoo]

to be honest i can't use bitcoin every day. because I think bitcoin is a good type of coin used for long-term investment. and I also don't count on earning from cryptocurrency to meet my daily needs. because cryptocurrency is very volatile I only use bitcoin for long-term investments and some altcoin for short-term investments. I already have a real job that I use to buy my daily needs.

[Shasha80]

I am very happy if that bitcoin can be used for daily without converting to fiat. But in reality, not all countries disgusting bitcoin
as payment, one of which is the country where I live prohibits bitcoin from being used for payment. Which means me I can't use
bitcoin daily. I can only use bitcoin on financial crypto. Hopefully, the bitcoin popularity will increase will make many countries
start to legalize bitcoin as a payment tool.

[kotajikikox]

suddenly in my country there are only limited use of Bitcoin so even how much i want it yet i cannot make it possible .maybe in time when there are many stores online and services that will be offered then why not ?
anyway by any chance that i can like OP,i uses my bitcoin so i can help the circulation and give opportunity to grow the value even in my small little way.

Right now it is really a big challenge to live completely with bitcoin. Some has been trying this years back itself. I've read in an article about a couple who kept travelling only with bitcoin. They made this successful when bitcoin was not that popular. Now scenario has changed and the possibility have changed.

if they can afford using bitcoin wayback then why not now right?specially if they have  still holdings so the more the cheaper their traveling is.

[Meowth05]

I am very happy if that bitcoin can be used for daily without converting to fiat. But in reality, not all countries disgusting bitcoin
as payment, one of which is the country where I live prohibits bitcoin from being used for payment. Which means me I can't use
bitcoin daily. I can only use bitcoin on financial crypto. Hopefully, the bitcoin popularity will increase will make many countries
start to legalize bitcoin as a payment tool.

Same as you pal. Unfortunately, Bitcoin and other cryptocurrencies cannot be used in our daily expenses thus you need to convert it first into fiat before to spend. I do hope that sooner Bitcoin would be acknowledge and authorize the utilization of this currency not only on online but also in real life. Though there are some countries who have already implement this kind of monetary but this would not be enough participation of big enterprises are also needed.

[rodskee]

to be honest i can't use bitcoin every day. because I think bitcoin is a good type of coin used for long-term investment. and I also don't count on earning from cryptocurrency to meet my daily needs. because cryptocurrency is very volatile I only use bitcoin for long-term investments and some altcoin for short-term investments. I already have a real job that I use to buy my daily needs.

but how can bitcoin Grow if all of us will just hold?isn't it much better that we will help Bitcoin circulating?how?by Using it sometimes to pay bills,items bought online?and offering top some services to pay using Bitcoin.
this will help Bitcoin grow and also be known by others as we need the adoption happen first before we can say that Success is on our hands.and also there are one topic that i have read about asking every store if they will accept Bitcoina s payments so even they dont know bitcoin and wont accept our offer yet a chance of asking what is this from them right?

[prem1852]

If is it possible to pay with crypto for a servise, I obviously try to use
crypto.

I think if we use crypto in our daily life it will have a positive impact on the market.

[ice098]

If is it possible to pay with crypto for a servise, I obviously try to use
crypto.

I think if we use crypto in our daily life it will have a positive impact on the market.

But the thing here is only few business stablishments are using cryptocurrency as a means of payment and also cryptocurrencies are not approve as a means of payment in other countries so how can you use bitcoin or any altcoin in terms of payment? Well its a good news for you if your country supports cryptocurrency most especially as a means of payment.

[Aying]

For me, I earn bitcoin daily but it's too difficult to spend it everyday due to huge fee's. we see a huge different from earning it to spend it in local stores but for me it is helpful for daily living howsoever. but many things will change over time, as we know that someday using bitcoin will be easier and more will try to use it not only online but also in local stores and they can also greatly benefit from using it.

[prem1852]

If is it possible to pay with crypto for a servise, I obviously try to use
crypto.

I think if we use crypto in our daily life it will have a positive impact on the market.

But the thing here is only few business stablishments are using cryptocurrency as a means of payment and also cryptocurrencies are not approve as a means of payment in other countries so how can you use bitcoin or any altcoin in terms of payment? Well its a good news for you if your country supports cryptocurrency most especially as a means of payment.

Yes it's so much true that the use of the cryptocurrency is very rare and only fewer organization support cryptocurrency as their payment method.
My Bad Luck that my country doesn't support crypto but I use crypto for buying products from online.

[AniviaBtc]

Bitcoin is the simplest as a payment method but for a small transaction the cost or fee is extremely expensive comparing to another payment system such a PayPal. I think this is the reason why people still don't want to use it, there are so many options for payment method right now, bitcoin also is not accepted widely due to the popularity or government regulation, people in other countries can't use bitcoin for payment/currency it's against the law, so far fiat still the best choice for everyone whether using PayPal, debit card, etc.

Well particularly it is because of the high volatility rate of bitcoin. It could even be the reason as to why transaction fees are very high. Small merchants just wouldn't take the risk that high price fluctuation could cause them. This can be solved by bitcoin achieving a stable value. which by now is kind of farfetched, but still highly possible in the near future.

Bitcoin really needs a lot of improvement maybe it couldnt run today in such a good and excellent way but as time passes by I believe that it will improve. And also as long as we are here we can help the crypto world to improve. What we cant change is the coin's volatility because it is virtual money and we what we are talking here is about the demand from the stock market.

Every digital currency need improvement to better and very safety by accepting as legal currency payment where have guarantee for buyer and seller more safety by using bitcoin as legal currency payment way on the future, but before bitcoin become legal transaction have update new feature way where make easy when using bitcoin as payment transaction.

But I really dont think that the bitcoin can replace the fiat as a national currency because of its volatility. Instead of helping people to lessen the poverty, it will more drive the people to poverty because of its volatility. And also there are a lot of things that the fiat can do but not the cryptocurrency like for example money lending. In the traditional bangking we can lend money with interest but in crypto world we cannot lend money.

Merchants are afraid to volatility and that is why they are still not adopting bitcoin as currency. The price of the bitcoin is keep changing and it is hard for them to compute their total sales and also the losses that they may occur. Fiat will be the best to use in terms of payment because all of the merchants and business are willing to accept it.

Instability of it value due to volatility is a major obstacle or barrier for adopting Bitcoin as a currency personally many hodlers use it as a store of value rather than as a payment system, In years to come maybe the price would be stable thus merchants might adopt or accept for payment at present it would be quite difficult to adopt it due to it fluctuation

As an adoption to bitcoin, if you're a holder, maybe bitcoin will means a lot to you because of its importance and advantages in our wallet and lives. Maybe we can promote it more so that people will benefit and also for the growth of our community. It's just that our actions or contribution to the bitcoin reflects on itself. But we can't control its price and volatility because of the market. It is very hard to manipulate a market and if someone does, it is most probably for his own sake and not for the good of all.

[sovie]

Unfortunately, volatility is still a feature of these currencies, therefore it attracts speculators and those who believe in their long-term value more than ordinary traders.

Volatility is something that need to be addressed if we want to have a living on bitcoin. Within days bitcoin can have a jump of over 1000 USD. If we dont have stable BTC price we will continue to have BTC that will be only an asset of storage.

That can't happen.

Volatility is the reason why we called cryptocurrency is better than fiat, because we could always take advantage of its price fluctuation, either it falls down or rise up, it is all depends on how smart we are to make profits whatever situation does the market have. Another thing is that living in cryptocurrency is pretty much depressing in some point, because of the transaction fee you gotta pay.

But me, I always convert it first to fiat therefore the fee that I'm going to pay is when I'm going to cash it out thru bank or any money remittances, that is only to lessen the fee.

There is no doubt that one can make huge gains with crypto due to price volatility but the main point of debate is that we cant have daily living due to this price volatility. You think merchants will be willing to accept payments in this volatile currency?

[blckhawk]

That's some dedication for sure. But the price volatility makes it less good of a currency, especially to use in long term. Price dips on USD/BTC trading pair would also adjust all prices of what you avail. And all those that you've spent already has the potential to buy more (or less) than what you bought on a specific time. Daily living on bitcoin might ne plausible if all the products and services depend their valuation using the bitcoin monetary system alone.

[merchantofzeny]

Unfortunately, volatility is still a feature of these currencies, therefore it attracts speculators and those who believe in their long-term value more than ordinary traders.

This is true. Due to this I only use it to pay bills when the conversion rate is high. Or I just exchange them for fiat when the price is high and keep them in there for the purpose of payment. At least if it does crash I have the option of using the fiat stored to buy btc.

[bettercrypto]

in my country, it's hard to make bitcoin accompany our lives, because the government is less supportive, even to find bitcoin hunter friends is difficult, so it's more to individuals .. !! especially to find things that smell about bitcoin, for example atm bitcoin and bitcoin transactions, it's very difficult to find here .. !!

Where came your from? There are instances that government didn't want to happen. I think they are not fear of letting their citizens to lose money in investing in cryptocurrency but they are afraid that someday cryptocurrency will maneuver their style in corrupting the people. Due to the decentralisation and transparency might crypto bring, there is a possibility that their dark transactions ruin and reveal.

[vintages]

I use Bitcoin weekly and monthly but not daily. I use it for paying for goods and services online most especially anything that has to do with my site. This includes hosting, domain name purchase and other.
I have used it for services mostly between me and the receiver.
I guess those who use it for daily are those who receive payment for goods purchases.

[Amel]

to be honest i can't use bitcoin every day. because I think bitcoin is a good type of coin used for long-term investment. and I also don't count on earning from cryptocurrency to meet my daily needs. because cryptocurrency is very volatile I only use bitcoin for long-term investments and some altcoin for short-term investments. I already have a real job that I use to buy my daily needs.

Looks like we're the same, dude. For me, using bitcoin to fulfill my daily needs is still not possible due to limited knowledge and development in my region or country. But I still use it to trade every day, yeah at least I still use bitcoin as an investment and trade asset. The rest I just wait until in my country bitcoin can develop better than now.

[Kambal2000]

I use Bitcoin weekly and monthly but not daily. I use it for paying for goods and services online most especially anything that has to do with my site. This includes hosting, domain name purchase and other.
I have used it for services mostly between me and the receiver.
I guess those who use it for daily are those who receive payment for goods purchases.

I make sure too that I will have the chance to make Bitcoin for a living because in that way, I would be able to help the crypto industry to promote by simply using it. Let's always remember that the more users, the more adoption, the higher profit we will have as the price continues to rise, so let's just help each other.

[rodskee]

to be honest i can't use bitcoin every day. because I think bitcoin is a good type of coin used for long-term investment. and I also don't count on earning from cryptocurrency to meet my daily needs. because cryptocurrency is very volatile I only use bitcoin for long-term investments and some altcoin for short-term investments. I already have a real job that I use to buy my daily needs.

Looks like we're the same, dude. For me, using bitcoin to fulfill my daily needs is still not possible due to limited knowledge and development in my region or country. But I still use it to trade every day, yeah at least I still use bitcoin as an investment and trade asset. The rest I just wait until in my country bitcoin can develop better than now.

well even in those developed country still people that has Bitcoin only uses this limited because they mostly believe than future will bring them Fortune and may become richer because of their holdings,the way 2017 brings to all holders is really huge but most people says that only those early adopters make good that time but for me?we have long way to run and Bitcoin is just starting ,maybe in years or 10?another Breakthrough will be achieved by this currency.