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Question: How often do you use BTC to buy something?
Whenever I can - 165 (28.7%)
Occasionally - 245 (42.6%)
Never, I wait for the price to go up - 165 (28.7%)
Total Voters: 575

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Author Topic: Do you USE your BTC?  (Read 30949 times)
conected
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November 05, 2017, 03:46:14 PM
 #561

I very rarely use bitcoin to buy something, mostly bitcoin I use for trading in the market, but for now I hold my bitcoin, because at this moment bitcoin the price is rising very high and I wait for the best time to sell it
- I am similar to you, I also rarely use my bitcoin to buy something, except for the emergency and really needed, if not, I will not carry my bitcoin out to use because I always have many reasons to believe that the price of bitcoin will be higher in the future, spending right now is a waste and giving us regret in the future. Mostly I only use my bitcoin to trade, this is where there are many opportunities to get us more bitcoin, although the risk is high, but the profit it brings is not small, however safety is above all, I also just used the part to trade, the rest I saved in my wallet


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coin royal
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November 05, 2017, 04:48:34 PM
 #562

I uses it whenever I have something to buy in online shops which are not COD (Cash On Delivery) like those stuffs in Amazons'. And also in trandactions
yes you are right i like your plan with bitcoin because i also prefer that when ever i need money so i select bitcoin you know now a days my life is fully connected to bitcoin because it help me a lot when i need it so thats why i like bitcoin also.
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November 05, 2017, 05:10:27 PM
 #563

I'd spend more if I could. Unfortunately I'm in the UK which seems to have about as much BTC acceptance as Lesotho.
I never spend my bitcoin in nonsense thing. I prefer to keep it or hold my bitcoin than to spend it because I know holding of bitcoin will help me to gain more income and money. In addition to that, I usually hold my bitcoin because it is the best way to earn much income.
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November 05, 2017, 05:14:21 PM
 #564

I was wondering what crypto do you see getting used by the masses for buying/selling stuff? It obviously won't be btc, since the current fees are 70 dollars per transaction. But what else? Crypto with a very low price? LTC? Something that hasn't been developped yet?
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November 05, 2017, 05:21:54 PM
 #565

The answer is yes. I am using bitcoin to sell business online. I also use my bitcoin for tuition. I hope to have more bitcoin.

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November 05, 2017, 05:35:11 PM
 #566

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

In some areas like mine where majority of business properties doesnt accept bitcoin as payment. We usually exchange Btc into fiat money for us to buy something. Thats why I dont spend btc , I exchange it. But if we can use btc as payments here in our country, why not?

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yoseph
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November 05, 2017, 05:46:03 PM
 #567

The answer is yes. I am using bitcoin to sell business online. I also use my bitcoin for tuition. I hope to have more bitcoin.
I used to use my bitcoins a lot mainly for business transactions but as of two months ago, I have stopped doing that just because the money that am supposed to earn with the business is actually not enough compared to the amount I will gain by just holding unto bitcoins.
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November 05, 2017, 05:49:01 PM
 #568

I dont use my bitcoin directly because there are only a few shops where I can spend it for the things that I want to buy. I exchange my bitcoins into cash and spend it for eveything I want. People have to use bitcoin more to buy things online but there are no shops to buy what you want and those who accept bitcoin have a pretty big fee.

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November 05, 2017, 07:59:30 PM
 #569

I try not to spend my bitcoins. I use them only for paying electricity bill. As far as I remember I haven't bought anything beside Antminers with my BTC. I'm thinking about ordering a few Trezor T. I believe that the value of Bitcoin will continue to increase rapidly. We will probably see $10k by the end of the year. I wouldn't be surprised if the price was even higher.
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November 05, 2017, 08:25:32 PM
 #570

I spend my Bitcoins whenever I see something I like and can afford, I wish it was not like that though. I have spent a small amount of Bitcoins (about 50 euros), but that was when the price was 400 $. I wish I waited for the price to go up and spend it then. I guess it is too late but I am certainly not a big holder and I really can't save I kind of have to spend it.

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November 05, 2017, 08:28:54 PM
 #571

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

we will use it in some time so that i use it i sell it and buy using bitcoin but less than 30%
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November 05, 2017, 08:31:18 PM
 #572

I rarely use bitcoins to buy, for me bitcoin is primarily a means of accumulation. And besides, the world is veeeery little shops accepting bitcoin as payment.
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November 05, 2017, 08:59:31 PM
 #573

mmmm for some reason i can't trust the result of this pool. More or less 75% of voters use btc? With a price that seems go higher and higher? with this huge fork arriving?
mmm i don't think so..
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November 05, 2017, 09:11:26 PM
 #574

I'm not yet using BTC as a method of payment. I have BTC just for investing purposes for now...
I do believe in the near future the BTC environment will evolve well and spending BTC to buy all sorts of daily goods will be possible more easily!

In Europe not many shops accept BTC yet, specially the physical shops.
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November 05, 2017, 09:23:06 PM
 #575

I use my bitcoins occasionally when I feel like I needed some budget to continue for a week, I dont to sell my bitcoin in a single trade because bitcoin itself is my investment and I don't want to lose my investment for the reason I am out of budget , as long as their an opportunity to Hold bitcoins I will never sell all of my bitcoins because I can expect that the price can go as high as 100,000 usd in just a few years.
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November 05, 2017, 09:37:26 PM
 #576

Well, I'd made a mistake in selling my BTC right before the pump. Never again Grin
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November 05, 2017, 09:38:23 PM
 #577

Personally, I only trade and old Bitcoin, I haven't yet used them, but that is not to say I will not do so in the future under the correct circumstances.
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November 05, 2017, 10:07:45 PM
 #578

I very rarely use bitcoin to buy something, mostly bitcoin I use for trading in the market, but for now I hold my bitcoin, because at this moment bitcoin the price is rising very high and I wait for the best time to sell it
- I am similar to you, I also rarely use my bitcoin to buy something, except for the emergency and really needed, if not, I will not carry my bitcoin out to use because I always have many reasons to believe that the price of bitcoin will be higher in the future, spending right now is a waste and giving us regret in the future. Mostly I only use my bitcoin to trade, this is where there are many opportunities to get us more bitcoin, although the risk is high, but the profit it brings is not small, however safety is above all, I also just used the part to trade, the rest I saved in my wallet

same here. I am also holding, not using at the moment. maximum I do is sometimes I do day trading to earn more bitcoin. I wouldn't like to spend any of my btc at the moment as it will be growing very fast.
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November 05, 2017, 10:12:30 PM
 #579

I intend to save it but I personally cannot assure to myself that I dont want to buy a particular thing for myself and my family. But atleast, there are bitcoins in my wallet that will be withdrawn when the right time came
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November 05, 2017, 10:21:47 PM
 #580

For now, that i am not yet earning here, i am not using my btc, i need to keep it for my future needs and family's needs.  Maybe, i will eventually used it whe i am earning a lot.

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