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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)
TomUyamot
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November 14, 2017, 11:53:01 PM
 #841

it's very fast and no need to wait when i use this way , that's why i touch bitcoin at the first time.
Most of the time transactions are now delayed unless you'll pay a decent fee to make it faster. I did use bitcoin even before when the price starts to increase from $200 - $1,000 and even I'm slow with things before I did understand now on how many things I can use with bitcoin. And in this way, there are some uses where I can enjoy bitcoin like by paying a lot of my monthly bills.

Same here. My most common Bitcoin spending is bills payment. The rest I cannot easily pay with Bitcoins because there are so few stores that give chance for Bitcoin payment. Most of my Bitcoins are circulating within the crypto world. I seldom hodl, not unless there is an anticipated bull run that I know of. I do some trading so they are a bit restless. And then I also transfer them to some other exchanges to follow a certain coin.
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lenovo16
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November 14, 2017, 11:59:48 PM
 #842

It's a risk in my opinion to hold bitcoin as this price , only if you are a trader or a speculative guy. Instead keep your cash to rebuy or if you want to enter now is a good price for a quick profit. Also you can use your bitcoin on a few good ICOS , like GIZER.

Risk is every where, risk were there when people even bought BTC for $600, but now you see what it turned to.
I personally do use my Bitcoins, because beside an asset I consider itself a valuable currency and transaction medium. Helped me to send money easily across borders for products and online services.
People do really have different ways on how they would use their bitcoins either for investment or for sole online transactions but I do strongly believe that people do really make it as an investment because of its capability and the possibility on making profits specially for long term. I do make use of my bitcoin by loading up my phone and do exchange it actively into my own local fiat money.
Same here. I use bitcoin mostly whenever I buy my own load. Aside from that I use bitcoin to pay bills. Because itis more faster and easy thatn to do it mannually . It just a time consuming. Aside from that , I also use my bitcoin when I actually convert it to our local money because it is easy for me to spend it since it was my additional income.
Fasunathan
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November 15, 2017, 12:02:22 AM
 #843

It's a risk in my opinion to hold bitcoin as this price , only if you are a trader or a speculative guy. Instead keep your cash to rebuy or if you want to enter now is a good price for a quick profit. Also you can use your bitcoin on a few good ICOS , like GIZER.

Risk is every where, risk were there when people even bought BTC for $600, but now you see what it turned to.
I personally do use my Bitcoins, because beside an asset I consider itself a valuable currency and transaction medium. Helped me to send money easily across borders for products and online services.


For me, though it is  a risk to hold bitcoin for a long time since the price is not stable, I will still continue to hold it no matter what. I will not use bitcoin for buying things because I have a big plan where should I use my bitcoin. I am already planning which kind of things I should use my bitcoin in the future. So for now, I'm just saving my bitcoin and this year, I will not use any amount of it.
DyllanGM
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November 15, 2017, 12:15:56 AM
 #844

I have never used my btc for purchasing anything yet because I havent found anything worthy to buy that accepts bitcoin.  So for the meantime,  I just hold my bitcoin,  converting to fiat a bit sometimes when needed, but thats all.
Schirer
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November 15, 2017, 12:22:53 AM
 #845

I have ONE service where it is the only option of payment from crypto currencies.

Otherwise I am trying not to use it, too expensive and slow.

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Innocant
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November 15, 2017, 12:45:54 AM
 #846

I have never used my btc for purchasing anything yet because I havent found anything worthy to buy that accepts bitcoin.  So for the meantime,  I just hold my bitcoin,  converting to fiat a bit sometimes when needed, but thats all.

I think if have some stores that accepted bitcoin maybe it was good for me, Because i just use my bitcoins for pay.
But from now maybe some stores have plan accepted bitcoin as of now bitcoin are now popular in the other country.
Jonsnowstark
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November 15, 2017, 12:46:37 AM
 #847

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 use my btc for booking flights through expedia. Mostly, i use it to pay my bills, sometimes when i shop through amazon and also when i go to starbucks. There are lots of ways that you can use your btc nowadays. Merchants that accept btc as payments are becoming numerous nowadays.

paulo013
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November 15, 2017, 01:01:19 AM
 #848

I spend some of my bitcoin when the price is rising. Somehow i dont hoard it yet using it for some transactions
. Specially when i bought of my stuff abroad and transacting to other people. I think spending bitcoin alternative for paper money is more than secured.
Mainman08
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November 15, 2017, 01:06:30 AM
 #849

I am spending all my earnings in BTC. Because this is my only source of income. So i exchange it to fiat so i can buy all my daily needs.

tigervn
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November 15, 2017, 01:27:11 AM
 #850

Currently I use bitcoin very much in my conversions. I am also a trader, my main income is also from bitcoin. Bitcoin is holding the majority of my assets.
putrii
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November 15, 2017, 01:35:29 AM
 #851

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 of course, I use my bitcoin as an online payment tool when buying stuff from the internet and various display in games and items in games like DOTA 2 and others.
Cinemo
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November 15, 2017, 01:36:44 AM
 #852

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.
to be honest i dont have btc for now but if i get a btc i will hold it until it bump up $20000 i know that bitcoin is our future money so i am ready to hold this even its to risky i will wait and i believe in bitcoin.
cjinny
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November 15, 2017, 01:42:07 AM
 #853

Yes I use bitcoin when I need money. But I did not exchange all the bitcoins with money, I just swapped some bitcoins as needed. And the rest I HOLD for the future.
alexsando
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November 15, 2017, 01:55:40 AM
 #854

All my transactions on the Internet are now paid for by bitcoin. I can not imagine the bitcoin's tremendous growth for the tech world. Currently the world's largest sales companies are beginning to apply bitcoin payments.
sneeze11
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November 15, 2017, 01:57:31 AM
 #855

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'm use my bitcoin when I need it. I don't wait to the price goes up but I'm holding it so that when there's an emergency I have a money. I don't use it wiithout a valid reason beause who is here are do that? Some of us are waiting for the price goes up but what if they spend it and the emergency came how they can solve their problem.
Fasdartin
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November 15, 2017, 02:20:05 AM
 #856

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 use my btc for booking flights through expedia. Mostly, i use it to pay my bills, sometimes when i shop through amazon and also when i go to starbucks. There are lots of ways that you can use your btc nowadays. Merchants that accept btc as payments are becoming numerous nowadays.

Yes i use bitcoin, ever since i start using digital currency and bitcoin the first crypto i've know, also first time i've earn through it. But mostly i exchange it to local money and use it in for my payment because it easy to pay when i'm using my currency. Also i 'll never try to use bitcoin for payment in online, even though they say that it easy and no hassle when you buying stuff in online.
hunterkrypto
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November 15, 2017, 02:27:59 AM
 #857


no, i do not use my btc in terms of invest i just wait the bt6c price goes up then i get profit
DBronze98
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November 15, 2017, 02:49:17 AM
 #858

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 the future, businesses as well as boutiques will accept bitcoin as a form of payment. But it is difficult to be accepted in a short time as more and more countries banned bitcoin.

mevmike
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November 15, 2017, 03:46:35 AM
 #859

normally i am holding some and using some...
and most of the usage i have is when i am going to buy other altcoins.
since there isn't much store or shops that accepts bitcoin as a terms of payments for goods and services.
therefore we really cannot yet use bitcoin as payment in real world.
Cheesy

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November 15, 2017, 04:28:14 AM
 #860

For me I hold my btc because it has the potential to go up, I dont use my btc id rather exchange it than using it, its mostly like using gold to pay your bills instead of real money (paper bills) so im keeping it and wait for the next rise up of the value of bitcoin.

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