Nasty23
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★Bitvest.io★ Play Plinko or Invest!
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November 14, 2017, 12:57:51 PM |
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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 .
I'm also doing this but sometimes I think if I didn't convert my bitcoin to Fiat money sure I will have a big amount of bitcoin with a high value now which is become more profitable.
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Gabrieelle
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November 14, 2017, 01:01:08 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) . 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. Saving is really the best idea rather than using it on useless things. I agree with what you said why spend it if you can save it for something big. I have big plans for what I'am earning that is why I am not spending it. I only spend it if I really need it, for example there is an emergency or something else.
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xamxam
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November 14, 2017, 01:05:18 PM |
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When i was first having my bitcoin i just use it to some important matter that can sustain my needs to continue in this extra income, but now i understand that when you have a bitcoin don't just use it in any way you want, i understand that you need to hold it as long as you can because having bitcoin in your wallet is preparing for your future.
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timcheerful1
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November 14, 2017, 01:19:21 PM |
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Use? It's a store of value, not something you use. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) True it's store of value
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dimonstration
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November 14, 2017, 03:48:51 PM |
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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.
everyone will do so, spending Bitcoins on their daily needs. I also do what you describe ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) this is mostly happen all of us here are spending our bitcoins for daily purposes mostly for some people that are depending only here for me i might say that also because it is really happen with me that i spend my coins for my daily needs because i dont have job and this is really helpful for me it sustain all my needs specially for my tuition fee so my parents wont be able to sustain that. So i use my bitcoin.
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elLiteZero
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November 14, 2017, 04:16:31 PM |
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i used my coin for invest and trading or maybe just for my daily needs
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dbutp
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Streamity Decentralized cryptocurrency exchange
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November 14, 2017, 04:43:35 PM |
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I do not use bitcoin because in my country, the government does not accept bitcoin although it has many benefits for people.
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congtuan001122asd
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November 14, 2017, 04:43:57 PM |
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Although I would like to use bitcoin but in my country, the government does not accept bitcoin. Unfortunately, I can not use it in my country.
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katalol
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November 14, 2017, 04:46:48 PM |
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I hold Bitcoin and wait it's price increases. I also used a part trade coins earn more profit
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ghost424
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November 14, 2017, 04:49:52 PM |
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I use my bitcoin in the time when i need it the most. I am only using what i only need because the price of bitcoin is still fluctuating and sometimes the bitcoin i used is easy to get back. For example, i used my bitcoin when the price is still low and that means i have less value of bitcoin. But when the price starts to go up, the value of my bitcoin also starts to go up and with these fluctuation I can convert it into cash and i can gain profit from these. I can also decide whether if i want to invest my bitcoins.
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BitcoinPanther
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November 14, 2017, 04:56:16 PM |
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I believe bitcoin is a currency and they are bound to be use. So I do use my Bitcoin to cover my expenses everyday. Even though we do not directly pay Bitcoin to the goods and stuff, we do convert them to make use of it. There is a third company that process Bitcoin to merchant and I often use that.
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OrangeII
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November 14, 2017, 05:04:38 PM |
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like the others. I use the bitcoin I have when I need it. well, i think it would be a great loss to sell bitcoin if we dont need it. while others try to have bitcoin in large quantities for investment.
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cryptolit
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November 14, 2017, 05:09:14 PM |
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Is there a website that lists all the businesses that accept Bitcoin?
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Rousse
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November 14, 2017, 05:11:53 PM |
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I think it's important to circulate BTC as it a main factor on driving true growth on its value, but the cold hard fact that Bitcoin's current fee structure and transaction speed deters me alot in using them frequently, lack of spending is a real problem now normal shop wouldn't see bitcoin coming in as they are used for more in exchange markets, pure investment and those moving them are the big players within hedge funds to chip out our earnings easily. I personally wouldn't buy any small services or product using BTC, a $10 stuff would need an additional $5 dollars just for the transaction fee and it's very unreasonable, ETH or other coins is more reliable for these situation, only if big transaction that involvement thousand like electronics, car and houses only i would reconsider about it.
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kenzawak
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November 14, 2017, 05:13:55 PM |
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To buy ?Not yet but if there is an opportunity ,I might .I guess it will depend on how many btc are asked and what its value is at the time . I see btc more as an investment than as a form of payment .
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xaviervilla
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November 14, 2017, 05:42:46 PM |
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I believe bitcoin is a currency and they are bound to be use. So I do use my Bitcoin to cover my expenses everyday. Even though we do not directly pay Bitcoin to the goods and stuff, we do convert them to make use of it. There is a third company that process Bitcoin to merchant and I often use that.
I totally agree with you. Bitcoin was made to be a currency online that makes everything so much easier compared to the past. That is why even when i hold, i still soend some. But not literally, i still have to turn it into fiat simply because, not a lot of stores here in my country acceots bitcoin as payment. Specially here in our province. No one even knows what bitcoin is. Tsk2:/
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Raisul Islam
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November 14, 2017, 06:03:02 PM |
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I use bitcoin alwayes when i need.but now a days it price falling down.now i hold my bitcoin when it incrieas high.thank you.
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saedasda
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November 14, 2017, 06:07:50 PM |
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I buy stuff using bitcoin and sometimes i sell my bitcoin into fiat. I only use small portion of my bitcoin to keep my investment
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boltz
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November 14, 2017, 06:22:26 PM Last edit: November 14, 2017, 07:19:21 PM by boltz |
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It's a risk in my opinion to hold bitcoin at this price , only if you are a trader or a speculative guy. Instead keep your cash to rebuy or if you want to enter now is a good price for a quick profit. Also you can use your bitcoin on a few good ICOS , like GIZER.
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