Do you USE your BTC?

[Adrazan]

The only time I use bitcoin for transactions is when am sending it to the other party likewise when am buying, no store is accepting it here in my country except for online purposes

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[cryptokath19]

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.

I didn't used my Bitcoin because i will hold it for the future and besides Bitcoin have most potential in cryptocurrency so that i will never loose it.

[Boseda]

No, I don't spend my Bitcoin but not because I'm waiting for the price to go up, but because of high fees, long confirmation time and few stores accepting it in my home town.

[ms.sexy]

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.

Yes i do used my Bitcoin to withdraw in a particular ways like buying my childrens needs,payment for our monthly bills, and if we have an emergency and also i used Bitcoin when im doing trading

[felipe04]

Yes i always convert to our own money to buy daily needs in life like food then i do also trading here.I think bitcoin is so risky so i always cash out some of my bitcoin then do a little invest in trading here for sure money and for the safe of the money.I think a lot of user here is doing like mine because taking risky thing is not good its like gambling here but i also play some gambling here and its so much fun

[JTASSOCIATES]

Due to the current financial condition and the price of daily expenses of commodities and vegetable what ever I earn as bitcoin I immediately exchange it in local currency which directly credited through exchange companies to local bank account immediately. And I am using it for my necessary purposes.

[Mike Mayor]

I use bitcoin very often from two main markets and I buy most of what I want with BTC there is very few the I need fiat for. The things I need fiat for electricity and water. Taxes, work n the house or car. Food and drinks. (There is some food and drinks I can buy from the local market. Coffee and sweets and others are available I have not looked so there might be more) I pay the maid and the gardener in fiat as well. Almost everything else I buy with BTC. Most luxery items and entertainment or pc hardware can be bought with Bitcoin. I absolutely love it. ^^

[McKane]

The only time I use bitcoin for transactions is when am sending it to the other party likewise when am buying, no store is accepting it here in my country except for online purposes

As you are utilizing bitcoin like that it will end up being a typical on the planet since it will touch immense value now a days people are intrigued to purchase bitcoin on the grounds that they realize that bitcoin can change there future. Along these lines they will get bitcoin so they open the administrations and tolerating bitcoin as an installment as well.

[Pettuh4]

I gamble what i earn most of the time from campaigns and other bounties but whenever i tend to make profit from the gambling i send them right into my stock of bitcoins  for the future and i think its working well  for me.

[farhan28]

I use some for mining,some for investing & convert into cash for emergencies such as paying loan,tuition fees & daily need...I also help my parents in their financial problem through bitcoin...so I can't think my life without bitcoin

[cryptolit]

Or a third reason: people don't want to buy two pizzas and realise if they hadn't used Bitcoin for the purchase they would be $20million richer.

[cybersofts]

Prefer saving my bitcoins all the time for the future.
Sell my bitcoins only on desperate measures because that is best for me.

[koeb88]

No I do not use my Bitcoin, I hold it as an investment right now. Maybe this will change, after I made a good amount of profit and the technology allows it to use it in my daily routine. I am vey optimistic, that both will happen, maybe it take a few months-years.

[theblack_cat]

No I do not use my Bitcoin, I hold it as an investment right now. Maybe this will change, after I made a good amount of profit and the technology allows it to use it in my daily routine. I am vey optimistic, that both will happen, maybe it take a few months-years.

right, everything needs a process in good terms so be patient
to keep holding it till the right time to sell it

[Rubick99]

I wait until the price go to top. And then I want sell my bitcoin to buy what I need.

[zynan]

Sometimes I spend my bitcoins, whenever I need money for some emergency situation, or sometimes I spend it to purchase some gadgets online, then I'll just work again to recover what I've spent. But still waiting for it to go on a high a price is the best thing to do.

[GreenBits]

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.

its more lack of opportunity than people actively avoiding using btc. while it does pay to hold (not at the moment LOL). it would seem that the average sig camp participant comes from a depressed economy; you would think that money coming into a household in a situation like that would be used to pay some bills, or something else vital. anyone holding bitcoin that is earning it, has enough money to save. thats a vast minority of people nowadays no matter where you live. so attribute a weak economy to its true source, lack of liquidity (no merchants).

until merchants adopt, common folks dont really have to much of a reason to, as the main purpose of bitcoin is as a payment system, not a speculative store of value.

[josephpogi]

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.

Yes actually i convert my btc to our currency because we need money to pay our bills and my mom needs money to buy some foods but i'm not converting all btc to our currency  just only 1/4 of my btc converted because i need more btc.

[sandaru]

As I think people sell bitcoin and they get more benefits from it. I also use my bitcoin and buy mu stuff. We have a lot of chances to pay with bitcoin from the places with bitcoin acceptance now. So its easier now to use our bitcoin.

[Jinz02]

yes i wait to price to go up so i dont lose my hope in btc
because i know if the price of btc is go up all of my effort is worth it