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Poll
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 31007 times)
dhka
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November 13, 2017, 02:20:42 AM
 #761

As we already know, we dont
Most of us use it as an investment not really as a currency Grin
Just use more stable alts to do transaction

KnightElite
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November 13, 2017, 02:21:52 AM
 #762

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 the 35% of my bitcoin to buy all the things that I need like buying foods and paying all of my expenses. Bitcoin is one of the high paying jobs in our society. We can earn many money to the bitcoin if we exert an effort.
redcrystal
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November 13, 2017, 02:25:19 AM
 #763

No where near me to spend them lol!
cleygaux
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November 13, 2017, 02:54:06 AM
 #764

Im waiting for a decent profit after holding for some months and then converting into cash then earning again btc from trading Im only spending my bitcoin whenever i need an urgent money needs but if no Im holding it.
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November 13, 2017, 03:01:25 AM
 #765

too bad i use it whenever i can, after all its my only source of income, so when i really need money, i don't have much choice but to use my earnings in Bitcoin. I just hope that in the future i can save some and hold it for a long time.

Dine19
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November 13, 2017, 04:10:10 AM
 #766

For me I keep my bitcoin in my wallet and i wait after a year or a months !!to wait my bitcoin have a value then I use it to buy other coin..like ICO..
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November 13, 2017, 04:17:13 AM
 #767

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.

Before I was a beginner I always used bitcoin and I converted it into fiat since I do not know the store that accept bitcoin here in our country. But I realized that it is very important to hold bitcoin because it rises. Now, bitcoin reqch its all time high, it's a shame, but I have learned from my experience.

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November 13, 2017, 04:18:27 AM
 #768

As per now i have very little amount of bitcoins in my wallet so i just wait it to hike up so that i could gain some profit. But yes when i would have some amount of BTC then i would like to spend it occasionally.
gabbie2010
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November 13, 2017, 04:46:08 AM
 #769

I mostly used my BTC when I need some money, I do exchanged to fiat to paid for bills and to buy some stuffs I usually waited till when price of bitcoin rises up  e.g when the price was  above $7K I sold part of my BTC while presently the price had drop below $6K I will not sell again I prefer holding it until the price rises up.

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November 13, 2017, 05:11:38 AM
 #770

Well im spending my btc on my daily expenses including tuition fees and i keep some of my earnings to my hardware wallet in case of emergency purposes.

laluna24
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November 13, 2017, 05:15:42 AM
 #771

Well im spending my btc on my daily expenses including tuition fees and i keep some of my earnings to my hardware wallet in case of emergency purposes.
This is good to hear bitcoin has helping you to pay your tuition fees. It is really spreading worldiwde, so I use and spend my bitcoin in buying things and expenseed daily needs in the family. Bitcoin is indeed a good oportunity to everyone.
cutie04
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November 13, 2017, 05:19:30 AM
 #772

Yes I use my bitcoin to buy a load but not all the time because if I have a money I'm not use my bitcoin.
Nerman
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November 13, 2017, 05:25:02 AM
 #773

I do trade some bitcoin but i do not have any plan on spending it for goods or services, i treat my bitcoin as an investment and i will hold on to it until i am happy with the value. If you spend your bitcoin you may regret it in the future when the price skyrockets.

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November 13, 2017, 05:25:58 AM
 #774

If I may ask in return, is it that people are hoarding BTC or investing it, because some people actually leave some Bitcoin for trading, some have accumulated bitcoin though but I think many of them are trading and investing them. Another thing is that some people who have many sources of income may have theirs hoarded in form of investment.it only dangerous Incase on hackers
SilverChromia
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November 13, 2017, 05:50:26 AM
 #775

Of course i think all of us has a same answer. It is normal if we use it but for me if i will have a lot of bitcoin on my wallet i will put those coins for the good of my future maybe ill spend it a little to buy something but i told my self when i use that bitcoin to buy something i will buy something important or useful thing that can help my focusing on bitcoins go well

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samarahewasht
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November 13, 2017, 06:09:07 AM
 #776

yeah absolutely i use bitcoin for buy other coins like alt coins. but i haven't  still used bitcoin for  buy other things..
meida
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November 13, 2017, 07:00:13 AM
 #777

I will not choose to shop with bitcoin because bitcoin is still in development and the value of bitcoin can continue to increase. So I will make long-term investment in bitcoin, but will not choose to use bitcoin. I am optimistic about the future of bitcoin. Smiley

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November 13, 2017, 07:06:17 AM
 #778

Yes, I use bitcoin to buy credit, pay utility bills, phone bill up to online shopping, I think using bitcoin is easier and practical because it does not need confirmation like transaction bank.

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rommil
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November 13, 2017, 07:08:07 AM
 #779

I used to use it back in time whtn bitcoin was 700$ maybe. Stille remember how i changed all my bitcoins into US$. Now i decided only to invest and buy altcoins ot it. Future will show anyway
danielcansil
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November 13, 2017, 07:08:39 AM
 #780

I rarely use my bitcoin in my daily life, i just use bitcoin for investments or trading on internet, because it is very inconvinient to cash out money while i already have money in my life, but sometimes i cash out a huge amount of bitcoin to buy something really important to me.
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