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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 30954 times)
marjoree
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November 05, 2017, 11:36:17 AM
 #541

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

Erkallys
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November 05, 2017, 11:39:20 AM
 #542

Yes I use my bitcoins. Considering 99% of my wealth is in bitcoins, each time I want to buy something, I need to use my bitcoins. And that is normal. People who are keeping it to watch it have not got the trick behind Bitcoin idea. It is a currency at its root, and that is for what I take it.
Larva14
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November 05, 2017, 11:46:35 AM
 #543

I have traded some,gambled in tiny and purchased gyft cards
Actually, I always my bitcoin on trading and investing because it helps me to gain more income and money. I usually do trading and we all know bitcoin trading is the best sources of income. Furthermore, I prefer to trade my bitcoin than to played it on gambling sites.
heroic25
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November 05, 2017, 11:52:10 AM
 #544

I hv very few satoshis so i use them for mobile top up only

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valentine401
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November 05, 2017, 12:25:58 PM
 #545

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.

People hoard bitcoin because they want to take advantage of bitcoin price hike. For me, bitcoin is a good long-term investment a lot of people were able to gain a lot of income because of holding bitcoin. I actually use my bitcoin whenever I ran out of money, but I'm holding all the bitcoin I can for future use. The reason why bitcoin price is still increasing because a lot of people are investing and holding bitcoin.

I hold bitcoins because it is our advantage if the value will increase and that is the reason why bitcoins is good as long-term investment. There is a lot of positive speculations that you can read to motivate your self into striving to earn more bitcoins so you can earn more profit in the future.
romecheo
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November 05, 2017, 12:38:18 PM
 #546

I bought other coins a few months ago, and that was most common times I used my Bitcoin. I haven't try to use my BTC for payment or to convert into fiat.

However, for this time, i will HODL any Bitcoin that i earn. And surely i will enjoy staring BTC flying fast to top.

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Peashooter
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November 05, 2017, 12:46:47 PM
 #547

I primarily use it to send money around the world and between different online accounts. I've bought games at different sites as well.
Well, I primarily used my bitcoincon trading sites where I could gain high income and it is very effective. In addition to that, I prefer to used my bitcoin in trading than sending money. I also save some of bitcoin and I hold it then I will sell in the the right time when the price of bitcoin is high.
anhhung409
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November 05, 2017, 12:49:44 PM
 #548

I always try to save any BTC I earn because I know the value of it is great if we store it for a long time. Besides, the consumption of Bitcoin is really very waste and it is not popular in everyday life so I still use cash to spend on those things.

keenjester
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November 05, 2017, 01:07:32 PM
 #549

In my country, if i use Bitcoin to buy anything as normal transaction, 100% i will be locked in jail. Cause my country already prohibited every transaction in daily, like buying foods or supplies . Bitcoin only can be sell or buy, it's illegal if you use it as the currency.
mammoniter
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November 05, 2017, 01:09:23 PM
 #550

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 some from time to time specially when I received my first earning just to try if its actually real good is that it is really easily to convert to cash and I even use it to have a decent internet connection plan and a better computer hardwares for my pc. So now I'm mostly hoarding and holding as many bitcoins as possible that I could have to my hand. Most my friends use it in a monthly basis to pay bills and buy basic commodities so I think there wouldn't a problem in using bitcoins.

benjamin11
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November 05, 2017, 01:12:53 PM
 #551

I spend some of my bitcoin and hoard the others. I exchange some of my bitcoin to fiat cash. But majority of my bitcoin is still in my wallet. I'm still waiting for the right time to exchange it. Bitcoin's value is still increasing so its better to hold it for a little while.
lady Royal
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November 05, 2017, 01:16:33 PM
 #552

Yes, I do use bitcoins on daily basis like I use bitcoin as payments to receive from users for doing tasks and I use them to recharge my mobile account, I use them to buy things online and most frequently I use it to cashout it in FIAT. I guess everyone here use bitcoin daily.


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robertdhags
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November 05, 2017, 01:17:55 PM
 #553

I have traded some,gambled in tiny and purchased gyft cards
Actually, I always my bitcoin on trading and investing because it helps me to gain more income and money. I usually do trading and we all know bitcoin trading is the best sources of income. Furthermore, I prefer to trade my bitcoin than to played it on gambling sites.
this is much better to use it in a trading than in gambling this is better safe because we all know risk of gambling that it is 50/50 the possibility in trading this may done too but your not safe in gambling. so for me better to use bitcoin in a way that you know that it may have the possibility that you can have a profit.
fetishboang
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November 05, 2017, 01:20:27 PM
 #554

I dont usually use bitcoin coz in my country bitcoin is not that popular. When I have bitcoins I change it to our currency so that I can buy the things I like.
Hasbro27
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November 05, 2017, 01:34:51 PM
 #555

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
wellsontheja
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November 05, 2017, 02:37:00 PM
 #556

Yes i usually use my btc for pay tuition or for buy my hoby like camera or some weeb stuff like figure or anime album.
kskaclord
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November 05, 2017, 02:39:34 PM
 #557


I believe it is a strong mix for most people. There is definitely a percentage being hoarded, but we still see transaction coming in on All Things Luxury, therefore some people are definitely spending.
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November 05, 2017, 03:14:30 PM
 #558

I'd love to use Bitcoin more often, but in my country not many offers for that. But on the other hand, recently, I learned how much energy is spent per bitcoin transaction, it's an awful lot!
somewhan
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November 05, 2017, 03:15:11 PM
 #559

not any more because of fees  Undecided
Activitycoin
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November 05, 2017, 03:30:02 PM
 #560

I've not spent any coins yet other than a little on gambling. I broke even then quit.

Yesterday I made small donations to Wikimedia and Mozilla. I'll do this on a monthly basis.  In the past, I've spent extravagantly on Dell, Overstock, Newegg and Expedia - but there are only so many things you can buy from those places.

I imagine there's quite a lot I could buy from those companies mentioned. If I only I had the sort of coins I'm imaging you have  Cheesy.
Yes of course I use bitcoin in my daily life and believe me I’m really enjoying it and its very easy in use in my country here where I want I can use it and now I’m also going to pay all my bills through bitcoin so bitcoin is not only for use but you can use it in investment and for daily trade also so bitcoin have a lot of advantages.
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