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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 30958 times)
Afnan_faizah
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November 05, 2017, 10:24:47 PM
 #581

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.
You can buy goods from amazon by using purse .io . It is a vendor that help bitcoin users to use their bitcoin. Actually amazon let the vendors to manage the transactions of their costumers. Since the price of bitcoin is increase, bitcoin users are try hold bitcoin because its too worth. I personally still spend bitcoin for my purposes, but mostly I just hold it.

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Ryan Dugan
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November 05, 2017, 10:37:38 PM
 #582

I use my bitcoin often for many stores. There are more places online and a few offline. Perishable items are what is the most difficult to find to buy with bitcoin. Because the fees are high I usually buy bigger things and spend more when using bitcoin. Or I convert to fiat and it is easier to just handover cash when the amount is only a few $ worth.

DELTA5ROD
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November 05, 2017, 10:39:33 PM
 #583

I'm very new to the bitcoin world and just got a 0.01 bitcoin as a payment from a guy in exchange of me designing a logo for him . I'm not intending to change my bitcoins because from what i learned bitcoin's value will certainly increase and my bitcoins will be more valuable very soon so it's better to keep them .
uray
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November 05, 2017, 10:47:44 PM
 #584

I'm very new to the bitcoin world and just got a 0.01 bitcoin as a payment from a guy in exchange of me designing a logo for him . I'm not intending to change my bitcoins because from what i learned bitcoin's value will certainly increase and my bitcoins will be more valuable very soon so it's better to keep them .
Welcome to bitcoin and you started collecting the coin and keep on doing that,most of the people who started out with small quantity will keep collecting the coin until they reach a point when you have more coins than hardcore investors Cheesy . I do use my coins every now then in the past but i never had any idea that the price would rise like this,so now a days i am saving it for the long haul.
DrGuns4Hands
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November 05, 2017, 10:49:35 PM
 #585

I spend my bitcoin if I really need it Like paying bills, utilities or topping up on a game. But I'm more on holding it and waiting till the price goes more bubble. I'm also saving my btc for future of my child because I know someday btc price will go thousand more in that case my future child will definitely have a good future.
titio78
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November 05, 2017, 10:52:51 PM
 #586

no i just keep them for the futur lke an investissment :p
Meowth05
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November 05, 2017, 10:53:30 PM
 #587

I do spend my bitcoins if I have a lack of money to spend. And sometimes if I have want things to buy such as gadget and for my daily transaction I use my bitcoin. However, I didn't spend them all and I leave some of it because I want to hold for my future.

BUK2016
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November 05, 2017, 11:00:26 PM
 #588

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 make of my Bitcoin but not on a regular basis because I earned good money from my full time job. Although I will have to convert my Bitcoin into fait currency before I can make use of it.
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November 05, 2017, 11:24:24 PM
 #589

I use it very rarely, converting to cash. Because this has been given importance as an aside earning to grow high in terms of living standard fulfilling the necessity. Most of the time used to spend my regular salary on all my needs keeping the growth in mind which we can't get anywhere else.

cryptokitty
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November 05, 2017, 11:34:53 PM
 #590

For now, i value my btc so much because the price seems like diamond in my eyes.I need to keep and I will use it for emergency purposes only and not with any personal purposes.
Hallmader
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November 05, 2017, 11:41:05 PM
 #591

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.

This is a good poll. I have always been asking some people I know whether they are purely hodlers of Bitcoin or they spend some portion of it to buy things. They usually answer that they seldom spend their Bitcoins. Same as me, I only spend my Bitcoins occasionally. But I was happy that after occasional spenders of Bitcoin, the next bigger Bitcoin owners are also spending their Bitcoins whenever they can. And the smallest belongs to pure Bitcoin holders.

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mitha rosdiana
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November 05, 2017, 11:57:47 PM
 #592

I have played bitcoin and I have considered for a miner, but did not make it through because of low profitability. I did not spend a little to not do it because I wanted to keep it, but there's nothing I can not buy right now. If there is something I want to buy and cheaper to pay in bitcoin, I will use my bitcoin.
metricspigjump
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November 06, 2017, 12:03:51 AM
 #593

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 only use it when I really need something at the moment.
Pettuh4
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November 06, 2017, 12:05:50 AM
 #594

Ive been gambling with it almost every weekend and  midweeks, i also use my bitcoins  for purchasing VPS and other miscellaneous activities online. It's helped me send money to friends  from around the world without western union r any other fiat payment processors.
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November 06, 2017, 12:06:18 AM
 #595

I prefer to hold it.  Holding may be a gamble though.
ennovy22
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November 06, 2017, 12:12:01 AM
 #596

I hoard all of my money then if I need money i'll just convert it into a fiat money. I do not trade because of my small amount of bitcoin  Grin but when I rank up, I'll try to trade even though it's risky, it's just ok for me. I can earn that again.

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November 06, 2017, 01:10:27 AM
 #597

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.
For now i'm still earning and i don't want to use my bitcoin because i know that after a many years or next year many expert says that the value of bitcoin will hit $10000 next year so i'm just be patient for now because i want to get more money.
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November 06, 2017, 01:14:40 AM
 #598

I prefer to hold it.  Holding may be a gamble though.
I'm holding too. Think need hold till 1btc= 10000$
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November 06, 2017, 02:26:04 AM
 #599

Bitcoin is still in its development stage, the value of bitcoin has not been determined, the price of bitcoin is not stable, so if I pay in bitcoin now, I think it will make me lose money, so I will not pay with bitcoin . Undecided

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November 06, 2017, 02:51:20 AM
 #600

BTC for me is a long-term investments.So, I wait for the price to go up.Because btc price is pumping..
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