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Author Topic: Bitcoin Daily Living  (Read 1303 times)
3la9l_kolbaCa
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January 17, 2020, 01:02:33 PM
 #101

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.

In cryptocurrency it's more like a network of transactions, without miners and other branches of blockchain we can't move out. Helping each can be done by holders and traders, so by to taking wiser actions on our asset management will actuall help contribute to the growing community of our crypto holdings. As we took this responsibility on bitcoin, I do believed we will able to surpass bitcoin challenges this year.

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January 17, 2020, 01:12:03 PM
 #102

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.

In cryptocurrency it's more like a network of transactions, without miners and other branches of blockchain we can't move out. Helping each can be done by holders and traders, so by to taking wiser actions on our asset management will actuall help contribute to the growing community of our crypto holdings. As we took this responsibility on bitcoin, I do believed we will able to surpass bitcoin challenges this year.
if everyone is able to manage their investment in crypto it might have a good impact on the market and others, but unfortunately not everyone is able to do it. maybe with the right management, the price movement can circulate well, but to expect this will happen it will be difficult.

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January 17, 2020, 01:20:47 PM
 #103

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.

bitcoin is not feasible for small transactions, because the fees are too high especially if used daily transactions and I am the same as you guys probably most also do the same thing, it's better to hold bitcoin in the long term and use altcoin for transactions using crypto. but unfortunately in offline I can't use it because it's limited, but in online I often use it, like buying internet packages, paying for the internet bills and games voucher.

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January 17, 2020, 02:07:29 PM
 #104

Some people depends on cryptos. They surf crypto world day and night to earn free tokens, coins from bounties, airdrops. But in crypto winter they dont have much luck. Bounties are not good rewarding anymore and the people are not earning.
Some businesess are using cryptos as way of payment, some people trades cryptos on daily basis on exchanges. But due to volatility they get higher reward and sometimes they suffer from massive loss.
Crypto is a way of passive income for some people. They consider crypto as asset not just way of tx.
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January 17, 2020, 05:18:44 PM
 #105

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.
Yes it can become the part of your daily living if you use it as the method of payment for your daily tasks. You can make your daily payments if you are doing a long term business and have a big investment plan also.  You can also make it the part of daily living by using it at the places where it is acceptable as a method of payment. This will promote Bitcoin and give you also more knowledge about it.
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January 17, 2020, 09:06:44 PM
 #106

Crypto is my favorite for paying for services such as buying mobile data and airtime. It is very easy to use and with it you have no fear as you can use it anytime you want. Just like Fiat
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January 17, 2020, 09:33:31 PM
 #107

Yeah, I also have a dream to use bitcoin daily living, for example in shopping or paying bills that so far only use our country's currency. Because here in our country bitcoin daily living is very limited. We can't use it however we want, if we do business on bitcoin, we still can. But for real we can't yet.

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January 17, 2020, 11:11:58 PM
 #108

~
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 debit card product)

You really maximize its function, even though you know the price of BTC is very volatile, and are you not sorry about the price changes that are not comparable if one day it changes? however it is your decision, you must have your own consideration Smiley
If I prefer fiat for daily payment transactions, for me it is more effective. Whereas I place BTC as a trading commodity and investment tool. But, if one day there are developments and innovations that make transactions using BTC more effective and as easy as using fiat, maybe I will try it, but I'm still doubtful because for me BTC is more appropriate as an investment tool, given the volatile price.

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January 18, 2020, 01:20:10 AM
 #109

Yeah, I also have a dream to use bitcoin daily living, for example in shopping or paying bills that so far only use our country's currency. Because here in our country bitcoin daily living is very limited. We can't use it however we want, if we do business on bitcoin, we still can. But for real we can't yet.

It's quite contradictung and ironic to say you can, but at the same time, you cannot. But to have a cleqr understanding to this, it is merely impossible for today to use it as a currency for daily living unless, a big project will implement to build a city entirely dedicated for the utilization of cryptocurrencies. In this way, bitcoin daily living will be possible as no entity will prohibit one to use it.
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January 18, 2020, 04:48:15 AM
 #110

It's kinda sad but there are complications too. Even if I would love to buy products using btc offline, I can't because major stores, or almost all stores don't accept Bitcoin :/ with the fact that no one even knows about it and bitpay doesn't ship cards here :/ because of shitty government rules!
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January 18, 2020, 05:48:41 AM
 #111

Yeah, I also have a dream to use bitcoin daily living, for example in shopping or paying bills that so far only use our country's currency. Because here in our country bitcoin daily living is very limited. We can't use it however we want, if we do business on bitcoin, we still can. But for real we can't yet.

It's quite contradictung and ironic to say you can, but at the same time, you cannot. But to have a cleqr understanding to this, it is merely impossible for today to use it as a currency for daily living unless, a big project will implement to build a city entirely dedicated for the utilization of cryptocurrencies. In this way, bitcoin daily living will be possible as no entity will prohibit one to use it.
for now we can only use bitcoin after converting to fiat currency, the lack of stores that accept bitcoin and high bitcoin fluctuations is very much avoided for small shops to use it, because they have a small capital. therefore we must wait for the next development


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January 18, 2020, 02:00:31 PM
 #112

There are lots of ways you can spend your money through Bitcoin, but I don’t make use of Bitcoin for spending, when I buy it I just keep it mainly in my wallet as an investment till the price goes up. Sometimes I use it for transaction as well. As for how to spend your Bitcoin – you can buy whatever you need from Overstock and pay with Bitcoin, I have seen a few of my friends do that.

Overstock is just like Amazon and there are lots of things to buy from there, though when I checked their site I didn’t really like it, unless they have worked on that. Another one is Purse.io, you can as well use BitPay and pay for gift cards that you can spend on Microsoft Xbox, Uber, Amazon, etc.
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January 18, 2020, 02:55:11 PM
 #113

Crypto is my favorite for paying for services such as buying mobile data and airtime. It is very easy to use and with it you have no fear as you can use it anytime you want. Just like Fiat

You could use it like fiat but they are not the same, using crypto instead of fiat if you could use fiat on buying mobile data and airtime is a waste of profit in my opinion, yes it could help to promote and raise awareness to others that cryptocurrency exist because most of the population doesn't know about it, all they know is fiat. But, if you are comfortable with it, I guess I can't make you stop doing it for your profits, your cryptocurrency, your choice.

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January 18, 2020, 04:10:50 PM
 #114

Yeah, I also have a dream to use bitcoin daily living, for example in shopping or paying bills that so far only use our country's currency. Because here in our country bitcoin daily living is very limited. We can't use it however we want, if we do business on bitcoin, we still can. But for real we can't yet.

It's quite contradictung and ironic to say you can, but at the same time, you cannot. But to have a cleqr understanding to this, it is merely impossible for today to use it as a currency for daily living unless, a big project will implement to build a city entirely dedicated for the utilization of cryptocurrencies. In this way, bitcoin daily living will be possible as no entity will prohibit one to use it.
for now we can only use bitcoin after converting to fiat currency, the lack of stores that accept bitcoin and high bitcoin fluctuations is very much avoided for small shops to use it, because they have a small capital. therefore we must wait for the next development


Yes, it is not widely accepted by the common stores in many places now due to many reasons including lack of awareness, restrictions put by the government, its fluctuating nature. But its implementation is increasing with the period of time as its price is increasing and is becoming more stable. Once it will attain the greater stability in near future it will be used everywhere.
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January 18, 2020, 04:15:59 PM
 #115

It's kinda sad but there are complications too. Even if I would love to buy products using btc offline, I can't because major stores, or almost all stores don't accept Bitcoin :/ with the fact that no one even knows about it and bitpay doesn't ship cards here :/ because of shitty government rules!
Even in my country the government is not really pro bitcoin and this is the reason why most of the merchants are not accepting bitcoin for payment. So i never spend my bitcoin and prefer to continue holding until its price rise up again. For now, living with bitcoin daily is still too hard to be realized but might happen soon in the future.

 
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asus09
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January 19, 2020, 02:19:36 AM
 #116

It's kinda sad but there are complications too. Even if I would love to buy products using btc offline, I can't because major stores, or almost all stores don't accept Bitcoin :/ with the fact that no one even knows about it and bitpay doesn't ship cards here :/ because of shitty government rules!
Even in my country the government is not really pro bitcoin and this is the reason why most of the merchants are not accepting bitcoin for payment. So i never spend my bitcoin and prefer to continue holding until its price rise up again. For now, living with bitcoin daily is still too hard to be realized but might happen soon in the future.
Why looks afraid when your country not legal using bitcoin as digital currency payment if you still have chance for investing and trading with bitcoin, I think feature of bitcoin and altcoin only become assets for investing and trading to get much profit, how ever government want to accept bitcoin as legal transaction or not is not my business and look not serious problem.

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rodskee
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January 19, 2020, 03:50:19 AM
 #117

Crypto is my favorite for paying for services such as buying mobile data and airtime. It is very easy to use and with it you have no fear as you can use it anytime you want. Just like Fiat

You could use it like fiat but they are not the same, using crypto instead of fiat if you could use fiat on buying mobile data and airtime is a waste of profit in my opinion, yes it could help to promote and raise awareness to others that cryptocurrency exist because most of the population doesn't know about it, all they know is fiat. But, if you are comfortable with it, I guess I can't make you stop doing it for your profits, your cryptocurrency, your choice.


but this is what we need now,help bitcoin to circulate and using to buy data and airtime is one good move to do such,why did you say it is a waste of profit?do you mean people must just hold bitcoin to profit?no it is not mate because if all of us will just hold bitcoin then how come we will have earnings?if the demand and supply is not working?for cryptocurrency to improve this must be used consistently and to circulate.

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January 19, 2020, 11:49:09 AM
 #118

Signature campaigns really help out with the extra income. Sometimes I feel as though they are a godsend because that little extra income comes in handy more and more often for me. So I guess it is possible to survive off of cryptocurrency if you accept it a payment for various Jobs and tasks. I hope that one day within the future these opportunities become a lot more abundant.
  We've definitely come a long way from just being able to buy pizzas and other small things using cryptocurrency.
Adoption seems slow but it is happening, especially with the institutional investors coming in.

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January 19, 2020, 02:57:05 PM
 #119

I do not think that bitcoin can be used in everyday life, at least not yet.
yeah i'm also agree with you.because,now bitcoin price is not stable.that's why this coin is not usable for our everyday life.
supercanada1
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January 19, 2020, 05:36:30 PM
 #120

I do not think that bitcoin can be used in everyday life, at least not yet.
yeah i'm also agree with you.because,now bitcoin price is not stable.that's why this coin is not usable for our everyday life.
People are using it in daily life for buying and selling different items, paying for a coffee or a bear, paying other bills etc. it has started accepted in smalls stores and shopping places in different countries. Similarly it is accepted at big sites also including Microsoft, amazon, and burger point. This is also an addition of cryptocurrency as a daily living. Soon it will be accepted by others as a method of payment and its effect will increase.
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