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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 31003 times)
luigidosado
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November 08, 2017, 03:51:52 PM
 #661

I haven't earned any bitcoin yet but as soon as I receive my first bitcoin, I will definitely use it. Bitcoin has a lot of uses. I will use it as a payment or exchange in cash. The only time when I will just keep it is when I still wait for the value of bitcoin to increase to earn more bitcoin.

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November 08, 2017, 03:56:32 PM
 #662

well, people use bitcoin in different ways. Currently, I use bitcoin as an investment tool. Well, seeing the opportunity price that continues to grow, will make a considerable profit in the future.

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November 08, 2017, 04:01:36 PM
 #663

I always keep some Bitcoins on my Phone as spending money... mostly only stuff and Pizza
Posted from Bitcointa.lk - #IJty8gvjXdEtl02w
I also keep my bitcoin my phone and I download some bitcoin wallet where I can put my all bitcoins. In addition to that, I usually used my bitcoin on trading and investing because I want to make more bitcoin and income. We all know that investing and trading are the best sources of income.
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November 08, 2017, 04:02:44 PM
 #664

Well, when I first started earning bitcoin in signature campaigns, I was so happy that I always end up spending it whenever I can. I used it to buy steam wallet points for the online game that I've been playing. But back then, the transaction fee is way too high so I always paid a lot. After some time, I realized the importance of bitcoin and regret spending it on just steam points where in fact I can buy it will fiat money.
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November 08, 2017, 04:03:59 PM
 #665

YES i do weekly i buy load for me and my wife's phone ! then i use it on paying bills,
internet, phone, electric and water add the cable too! bitcoin is not accepted in most billing company !

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crustez00
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November 08, 2017, 04:26:24 PM
 #666

I don't have much of bitcoin so i couldn't spend occasionally like others who already voted  Smiley just slowly gather some change and wait the piled of change that i already gather to form 1 BTC  Smiley and then, still holding first for long time investment. yeah maybe i'll use it if bitcoin payment make purchasing item so easy  Smiley

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November 08, 2017, 04:27:22 PM
 #667

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 buy some of my stuff with Bitcoin. It's not really accepted here in the 'South, but, hey. I don't go extremely out and trade Bitcoins every time I get them. And when I spend it on stuff, it's normally on coffee or things I can get a discount from on Amazon.

I also bough my stuff using bitcoin mostly deliveries and electronic loads via third party app in our country here in south east asia PH its coins.ph its so convenient because we can settle our payments in the app just by paying bitcoin and they will process it asap
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November 08, 2017, 07:20:09 PM
 #668

Its interesting to observe that replies from 2014 people use to spend their btc in food, pizza, games, online shop... But now people are hodling , because now btc became more than just a coin, its a investment .. People are now believing and betting on it because they know how pottencial this crypto is!

I actually still use Bitcoin for day to day purchases when I can. I just end up buying more BTC at the end of the day. I think using BTC shows that people still use it so merchants wont remove it, but I buy the BTC back so I can hodl.

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November 09, 2017, 09:55:28 AM
 #669

I am waiting with my Bitcoins. I don’t know when it will be the end of these abnormal fluctuations. I think bitcoin wouldn’t be less than it was in a spring when I bought it. So I will get the profits anyway.
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November 09, 2017, 10:03:44 AM
 #670

I never use too many bitcoin whenever i can but i wait until the end of the month, when the price of bitcoin get high enough and sell for fiat money to buy things i need in my daily, but i am only do that once a month, because i dont want my investments get stagnated by my daily withdraw.

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November 09, 2017, 10:20:29 AM
 #671

Not every countries allowed the use of bitcoin and any other type of alts as a mean of payment. Therefore people from such countries prefer to hoard their coins or just trade the coin with fiat or with other cryptocurrencies.

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November 09, 2017, 10:52:32 AM
 #672

Bitcoins in the market are very expensive, I tend to save my btc since i still have money to support my needs, I'm very optimistic of possible outcome of my btc savings, and its better for me to hold my saving for future purposes. who knows it will surprise me when the right time comes, As of now, im just patiently waiting:)
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November 09, 2017, 11:09:53 AM
 #673

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 specifically don't hold my bitcoins and if ever I got my earning from those campaigns, I will already exchange it to the local currency I am in. Sometimes I hold my earned bitcoins but most of the time I always exchange it because if ever I need money I can cash it out much faster(though it doesn't change the fact that it will do a little only) and I am currently buying things especially appliances because the ones on my home were already old enough.So my answer is I use my bitcoins and not holding it.



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Rainbot
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November 09, 2017, 11:21:33 AM
 #674

I never do because i know that it will go very high someday and that i will have regrets that i have spended some of my bitcoins to stupid things like order food with bitcoin xD.
This is why I am now collecting it i just don't need it so I am just going to relax and wait a bit for it to rise.
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November 09, 2017, 11:34:23 AM
 #675

I use bitcoin when it's price is high. I use it in some online website subscribe.  Some time I  use it online shopping.

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November 09, 2017, 02:56:19 PM
 #676

I use my bitcoin occasionally because i don't feel like using it too often because it is valid for me to use when i see opportunity where i can use or invest my bitcoin and most of the times, i am just holding it for long term and waiting for the price to go up very high and i will sell at that time to secure some fiat income or profit and do the same thing again and again.
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November 09, 2017, 02:57:36 PM
 #677

I'm buying two large pizzas at my local karaoke bar with BTC I won through gambling around $20 worth. I made my pizza free and am transacting in the coin. Both help me. Cheers!

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November 10, 2017, 12:33:06 PM
 #678

Yes, I use my BTC on trade.Although sometimes BTC price is up and fall down.But I don't care.Because i don't follow BTC price in dollar.I always follow satoshi price.I don,t worry cause i know bitcoin price again increase.My county wasn't accept bitcoin.So my country shop and other place do not accept bitcoin.
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November 10, 2017, 12:44:29 PM
 #679

Yeas im converting it to fiat to oay my billings and other exess expenses.becoz my regular job wasnt enough for my family thats why this extra income is for my back up so i dont have to borrow fiat just working extra time here in crypto
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November 10, 2017, 12:47:13 PM
Last edit: November 12, 2017, 02:16:07 PM by eann014
 #680

Yeah, always encash-ing it when I need it. I don't have any other income sources only earning bitcoin, so when I need it especially for my son I will withdraw my bitcoin. It is hard for me to let go of my bitcoin because it is increasing its price which is I am regretting every time price is rising, but I am still trying my best to save some of it.
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