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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 31000 times)
khokon150
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November 13, 2017, 07:13:48 AM
 #781

Actually i used my BTC very occasionally Because when let's go somewhere than i paying by BTC specially Journey.Sometimes i need online gift card when i used BTC.Most of the time i used BTC for bills at the hotel.
Ewox
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November 13, 2017, 07:15:47 AM
 #782

Actually the only time I use my BTC is when I really really need something to pay for my bills or buy things I need at home but it's just occasional that I use my BTC. Mostly I convert them to our own local fiat currency so I have something to pay for the needs but it is like once in a blue moon though not unless my cash runs out.
Fasunathan
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November 13, 2017, 07:23:22 AM
 #783

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.

No. I don't use my bitcoin. Because I want to save more bitcoin in my pocket for the future and also if I will not use my bitcoin, I can gain a lot of money because I will save it all without any amount deducted to it. Through saving bitcoin I can be able to gain a lot and I could help my family in the near future.
DoublerHunter
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November 13, 2017, 07:49:45 AM
 #784

Actually the only time I use my BTC is when I really really need something to pay for my bills or buy things I need at home but it's just occasional that I use my BTC. Mostly I convert them to our own local fiat currency so I have something to pay for the needs but it is like once in a blue moon though not unless my cash runs out.
That is what you should do in order to use your bitcoin properly. Using bitcoin is not bad because if you will use your bitcoin into the situations that you really need to do it and if it is valid then you can use your bitcoin but the only bad thing for using bitcoin is when you are using bitcoin to pay your wants and buy something that it is not necessary.
bristlefront
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November 13, 2017, 07:51:45 AM
 #785

I use it sometimes when I buy things that can be important to me someday. Sometimes I use to invest in some ICOs that have a potential to give me a greater profit after crowdsale.

GregH37
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November 13, 2017, 01:35:20 PM
 #786

Actually everytime I earn or have bitcoins, when I have the time, I convert it to our country's currency so I can use them to shop or buy here. Maybe today there are only few shops or companies that accept bitcoin as payment, but I believe as more people are engaged in using bitcoins, more companies will be accepting bitcoins in the near future.
Yes I do use my bitcoin because in my country its almost working in any part of my country I can use to pay my bills and now from last two months I have used in my tuition fees and its working in restaurant as well there are also a lot of palaces in my country where I try to use bitcoin and they accept bitcoin easily so yes I use my bitcoin.
rocketbits
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November 14, 2017, 10:53:47 AM
 #787

I am using it in many ways. First of all I invest in bitcoin so that I can earn profit from them. I m using bitcoin to support my family and financial condition. It can also use in paying methods of different wave site for shopping
Me too I use the bitcoin to get the profit and I want to increase my wealth from the bitcoin now I know how fast the bitcoin is increasing and we will see how the bitcoin will give you the value and the price I hope the bitcoin will increase the income but for this as well you will have to work very hard and you will have to increase the timing to are giving to the bitcoin so I am going to hold my bitcoin for the long time.
timcheerful1
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November 14, 2017, 10:58:12 AM
 #788

I always keep some Bitcoins on my Phone as spending money... mostly only stuff and Pizza
Posted from Bitcointa.lk - #IJty8gvjXdEtl02w

Yes,also I do keep on my phone as spending
Viakor
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November 14, 2017, 10:59:32 AM
 #789

I am using it in many ways. First of all I invest in bitcoin so that I can earn profit from them. I m using bitcoin to support my family and financial condition. It can also use in paying methods of different wave site for shopping
Me too I use the bitcoin to get the profit and I want to increase my wealth from the bitcoin now I know how fast the bitcoin is increasing and we will see how the bitcoin will give you the value and the price I hope the bitcoin will increase the income but for this as well you will have to work very hard and you will have to increase the timing to are giving to the bitcoin so I am going to hold my bitcoin for the long time.

Well i don't use my bitcoins ever, because i know that bitcoins can me worth a lot so if you spend your bitcoins now you will regret it in the future. You can have way more money.

If you save it for a few years from now on because it will go to 15k in the near future.
thebosskid
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November 14, 2017, 11:01:14 AM
 #790

No i do not use it because i want to save everything at the end when i am ready to cash it all out and still earn from other altcoins i would say that if we all do that it is very smart because why spend it everyday if you can save for something big.
jerlen17
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November 14, 2017, 11:31:50 AM
 #791

I used bitcoin when the time comes that i have to or need to cash out and automatically converted it into fiat, when i have to pay my electric bill, internet connectivity bills and etc. I also used it to buy loads to send to my family and relatives. Bitcoin was very useful for us in many aspects especially in terms of financial.
Rienair
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November 14, 2017, 11:47:53 AM
 #792

No i do not use it because i want to save everything at the end when i am ready to cash it all out and still earn from other altcoins i would say that if we all do that it is very smart because why spend it everyday if you can save for something big.

True, thats what I am doing now i hope that i can save and get a lot of money from it back. I will then cash out my money and live with that until i die Smiley.
If you use it now you will have pain that you used it. So i will rather keep them at my wallet currenly if i need it i will of course spend them.
Smallthermo
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November 14, 2017, 11:49:09 AM
 #793

I don't use it i only save it. Because i know that i am bad with trading and i don't trust it so much that i buy things with it. I won't risk it.
I just convert my btc to cash so i can buy things i want. And i save my btc because i can make money out of it.
Rosa Paula
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November 14, 2017, 11:53:45 AM
 #794

Bitcoin market all time falling and rising.one time it's price increase  and one time fall.In the meantime I keep my Bitcoin in the trade.I believe that I can increase my bitcoin by using it.I keep all time some bitcoin in my coinbase wallet and some bittrex exchanger.
indriyanti
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November 14, 2017, 12:02:11 PM
 #795

i save most of my bitcoin. i only trade a few to make any money. i have never used it to pay anything. i will only to sell it above $10.000
Bitcoin_Delivery
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November 14, 2017, 12:04:05 PM
 #796

i save most of my bitcoin. i only trade a few to make any money. i have never used it to pay anything. i will only to sell it above $10.000
maybe to be able to reach the price does not take long if there is hardfork again most likely the price will rise again and not impossible to reach 10,000 $
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November 14, 2017, 12:16:00 PM
 #797

For me, it's all of the reasons you stated.
First, there are very limited places where we can spend our bitcoin.
In my country, there aren't any. It's suck, really. That's why i can't spend my bitcoin at all.
And also, even if i can, maybe i'll consider it many times because i use bitcoin as investment, so i tend to wait the price until high rather than spending it for fun.

cramcram21
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November 14, 2017, 12:28:16 PM
 #798

Yes whenever I need some Fiat for my daily expenses ,
I would trade my bitcoin into cash and withdraw it so I could use it to whatever I need to buy either it is a food or some gadget .

Marrionbitcoin
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November 14, 2017, 12:53:37 PM
 #799

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 usually use Bitcoin most of the time on trading because I'm monitoring if the price will increase again so that I can decide whether to sell or not. I'm also using it by paying my monthly bills like water, electricity, insurance, fund transfer, etc. which is very hassle free.
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November 14, 2017, 12:54:14 PM
 #800

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