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Author Topic: How I Crypto  (Read 1032 times)
Pmalek
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January 25, 2020, 07:52:55 AM
 #21

I am nowhere close to using Bitcoin for every day purchases. I make a transaction here an there but I am more of a holder than spender on basic things. My country isn't exactly crypto-friendly and Bitcoin isn't that popular as a payment method. I will need a new computer monitor soon as the one I am using now is way past its prime. That is going to be future a Bitcoin purchase.

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davis196
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January 25, 2020, 08:03:07 AM
 #22

I don't use social media so I won't use your hashtag.
So you are using Bitpay as a middleman for all your BTC transactions?Satoshi will be mad. Angry
His idea was to remove all the "middlemen" and make Bitcoin/blockchain a truly peer-to-peer environment.Now everything in the crypto world is all about middlemen-crypto exchange platfroms,online wallets,mixers,etc.
I don't get the point of your post,are you trying to promote Bitpay or something?

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January 25, 2020, 08:09:45 AM
 #23

great in your country there is no prohibition to pay for something with bitcoin, in my country it is not permissible to use bitcoin as a means of payment, but I can buy things online with bitcoin also gives me the convenience of making money transfers to my friends out there without having to bypassing the BANK and taking care of something troublesome, I can do transactions without an offline schedule always nonstop transactions with bitcoin that's the advantage

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January 25, 2020, 08:41:44 AM
 #24


I use cryptocurrency every single day, I mostly use a middleman like Bitpay to process all of my transactions. So even though I might not be buying bread with USD, I used my Bitcoin to make the purchase. This makes it nice for me since I run my business in the crypto space, I can get paid from someone in China instantly and buy food at the store within 5 minutes. I love that about bitcoin, what about you?
unfortunately in my country there are no stores that accept bitcoin or other crypto as payment options so I can't use bitcoin to buy daily necessities, but I once bought electronic goods online using bitcoin as payment and I think in a very sophisticated era now bitcoin and crypto are very good payment options, especially for large amounts.

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January 25, 2020, 12:54:48 PM
 #25

Bitcoin and crypto in general helped me a lot within these past 2 years.

Since I joined here, I already earned a lot from bounty campaigns and because of campaigns I bought my dream phone which is the one I'm using right now. Unfortunately, I stopped participating on Bounty campaigns already (altcoins) since I see that it is not profitable anymore.

Now I focused on my current signature campaign and I'm already here for almost 2 years. It helped me a lot since I have to cover some of my monthly expenses and I can give some money to my family and siblings thru converting my Bitcoin to fiat. I'm able to bought my own computer too last month with the help of my current signature campaign. Thanks to them and to Bitcoin and this forum Smiley

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erickastella
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January 25, 2020, 01:08:02 PM
 #26

I like technology, especially blockchain / bitcoin / cryptocurrency technology, although in my country it is still not permitted to transact using bitcoin / cryptocurrency but the community there are very many and various kinds of seminars on blockchain are also spread in my country, I like bitcoin / cryptocurrency because it can made an investment in the future
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January 25, 2020, 01:13:45 PM
 #27

Different person, different users, different places have their own uses of the cryptocurrency since we don't have the same legality of the coin luckily i'm living in a country on where cryptocurrency is not prohibited and also there are some local services in my country on where we can easily convert cryptocurrency to our local currency and use it to pay bills, transfer to banks, withdraw to remittances, convert to load, game account, etc.

So I may say cryptocurrency specially Bitcoin is very convenient for us.


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BITCOIN4X
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January 25, 2020, 01:17:59 PM
 #28

~snip
I think you are entitled and free to use the bitcoin in your wallet for any purpose. You can still use some of your bitcoin to buy goods in places where your country cannot limit transactions with existing regulations. Regulations are made and only apply to transactions made within the jurisdiction of the country itself and not to transactions between countries, IMO.

Sample case:
I want to buy a laptop that I like that comes from China. Service providers accept bitcoin as a tool to pay for their goods, then I pay and items are sent. Transactions that occur with payment instruments are bitcoin.

The question is, can my country forbid not to do this transaction because the country has made a regulation that bitcoin is not a legal payment and can I be said to be someone who breaks the law ?

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isaac_clarke22
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January 25, 2020, 01:33:08 PM
 #29

How I Crypto for now is I hodl for a certain amount of time then whenever there's like a sale in my online shopping sites like Shopee, I tend to purchase some using cryptos. I use online wallet service like Coins.ph, because it allows me to make a payment through DragonPay payment system.
That's all there pretty much into it, OP for me.
pareshnakar
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January 25, 2020, 02:14:01 PM
 #30

I used crypto every day it makes the purchase and its work for the business it will helps for instant transactions but i have not used ever i have convert to alt coins and do transactions so its good for transfer.

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January 25, 2020, 02:29:11 PM
 #31

Many things I do with Bitcoin, like in the case of buying other goods at an online store that already accepts Bitcoin, because using Bitcoin and other Cryptocurrency is very easy for me to make payment transactions, but I only shop using Bitcoin that I really need, not to buying things that are not important, because if shopping for non-essential items is using Bitcoin, I think that is a big mistake in my life, because in my opinion Bitcoin is the best asset in the future.

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January 25, 2020, 02:38:16 PM
 #32

I used crypto every day it makes the purchase and its work for the business it will helps for instant transactions but i have not used ever i have convert to alt coins and do transactions so its good for transfer.
For me Im not using crypto everyday, I just use it when I needed to purchase online of goods and services. Well easy to use bitcoin in purchasing and investing. So I can say bitcoin has really given good benefits to the users because we can easily use this in any way.
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January 25, 2020, 03:08:00 PM
 #33

My income for my life comes from cryptocurrency, but if I shop for daily needs I still use my country's currency because where I live Bitcoin is not a payment instrument authorized by the country, so too many people here who do not know bitcoin.
I'ts nice hear stories that their money were all come from crypto and that they are able to sustain they're living. when Im unemployed before bounty and a bit of trading really helps me to live during my unemployment days.
Simply proves how profitable cryptos are, especially before when the market value are still at its peak unlike at this moment wherein it has jist started to recover from continuous market downfall before. The scenario affected the profit that most of the people here are earning. Many investments turned into loss and many signature campaigns turned out to be a waste of time. Since we are seeing recovery, hope it will again be as profitable or more profitable.
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January 25, 2020, 03:11:40 PM
 #34

i use it three or four times per month. first of all, i get my salary in BTC. also i do some purchases with it.
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January 25, 2020, 03:27:30 PM
 #35

I didn't purchase anything with bitcoin because for me the fee's are too huge to use it everyday, although I receive it in my current signature participation, for me using it everyday is like you are spending a lot of money without thinking. it is just for me because I didn't use bitcoin for small purchases, coz I feel I am wasting it in the unimportant cause.

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January 25, 2020, 03:52:45 PM
 #36

I joined campaign to earn cryptocurrency token and convert it to Bitcoin.  Once in Bitcoin I use it to pay bills and other services that is offered on the internet.  I also use it to send a remittance to my relatives in times when they need financial assistance.
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January 25, 2020, 06:13:08 PM
 #37

My income for my life comes from cryptocurrency, but if I shop for daily needs I still use my country's currency because where I live Bitcoin is not a payment instrument authorized by the country, so too many people here who do not know bitcoin.

Yeah, same as me, I only use bitcoin in activities in cyberspace, the rest I use fiat. Bitcoin still has a lot of restrictions in every country, even in my country people only look at bitcoin when the price went up a few years ago, maybe more don't know it yet. This is also because there is no support from the government so there is no more attention from the public in looking at bitcoin. But for me bitcoin has helped and I'm sure bitcoin is able to develop slowly like 10 years ago when it was new.
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January 25, 2020, 06:40:04 PM
 #38

Cryptocurrency helps me to sustain my everyday needs. What I am doing is that I am going to invest all of the extra money that I have in cryptocurrency. After that, I am going to sell that investment if the value of it is higher than I have bought it so that I will be able to gain income in terms of trading it.

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January 25, 2020, 07:04:11 PM
 #39

The cool fact about bitcoin is you can send me to any place in the world without any problem and less fees, as well as your all transactions are anonymous which it's really an amazing feature in our world. We really need that to be used a lot and being more famous around the world so this technology will spread over the world quickly.
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January 25, 2020, 07:28:42 PM
 #40

O yes, Crypto is of great advantage to us we can use it in different ways as a medium of exchange, we can use it to make online trade as in exchange of goods and services, it can be cashed into Fiat to make petty daily trade and as long as it is in your country currency you can pay bills with it.thats how I use mine.
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