Do you USE your BTC?

[dmamigo]

It's a risk in my opinion to hold bitcoin as 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.

Risk is every where, risk were there when people even bought BTC for $600, but now you see what it turned to.
I personally do use my Bitcoins, because beside an asset I consider itself a valuable currency and transaction medium. Helped me to send money easily across borders for products and online services.

[tmawheba]

Bitcoin directly I am not using. Local exchange accepting bitcoin and they transfer the local currency amount to my local bank account directly and I am using it.

[vnck25]

I use BTC to send it to my family in another country where they can cash it to fiat currency. This method is fast and does not have banks or other financial bodies involved. The only downside is that you need to  be computer savvy in order to get the BTC and convert it to fiat currency.
I guess this was one of the original purposes of cryptocurrencies and that of BTC!



vnck25

[DrYe5]

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 am trying to break the barrier to BTC payments. Somehow I can not handle it, but I think I'll be able to do it soon. My friend has used it for a long time. Apparently it's very comfortable.

[Mahanton]

It's a risk in my opinion to hold bitcoin as 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.

Risk is every where, risk were there when people even bought BTC for $600, but now you see what it turned to.
I personally do use my Bitcoins, because beside an asset I consider itself a valuable currency and transaction medium. Helped me to send money easily across borders for products and online services.

People do really have different ways on how they would use their bitcoins either for investment or for sole online transactions but I do strongly believe that people do really make it as an investment because of its capability and the possibility on making profits specially for long term. I do make use of my bitcoin by loading up my phone and do exchange it actively into my own local fiat money.

[danggoron]

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 am trying to break the barrier to BTC payments. Somehow I can not handle it, but I think I'll be able to do it soon. My friend has used it for a long time. Apparently it's very comfortable.

same with me. Until now, I use bitcoin just as a commodity. I've never used it to buy anything. I want to try it but my coins are not too much, still process to collect it.

[KylesmomisaB]

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.

Lack of acceptance as payments but this problem may be one of the past. Nowadays companies are coming up with solutions so that you can spend your cryptos and change them to fiat right when shopping. TenX has a solution like this in place and currently have 000s of cards rolled out worldwide. Be a part of a new revolution and spend your cryptos for normal things like coffee and subs, I know I am enjoying it!

[Ranly123]

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.

Hoarding bitcoin is a good idea but in my case i hoard and i also use some of it. Yes it is wise to hold your bitcoin but in other cases there are some needs that is to be done and you need to finance it, that is why i advice to use only the amount needed and not all of your bitcoin.

[Ingramtg]

i use my bitcoin for International payment because i need to pay some job that people from other country

it's very fast and no need to wait when i use this way , that's why i touch bitcoin at the first time.

[MancyZz]

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'm bot use my bitcoin for my payments but i use it for my livelihood. convert my bitcoin to real money and buy something daily needs by money from bitcoin.

[batang_bitcoin]

it's very fast and no need to wait when i use this way , that's why i touch bitcoin at the first time.

Most of the time transactions are now delayed unless you'll pay a decent fee to make it faster. I did use bitcoin even before when the price starts to increase from $200 - $1,000 and even I'm slow with things before I did understand now on how many things I can use with bitcoin. And in this way, there are some uses where I can enjoy bitcoin like by paying a lot of my monthly bills.

[mahibul49]

i am holding bcz i know its potential so i am gonna hold bitcoin long term

[Ahiaba]

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.

The only way I can use is when I exchange it for my local fiat currency before I can make use of it since Bitcoin is not accepted as mode of payment here in my country. Although I use to exchange it on a rear occasion and not regular because I believe that all my Bitcoin is for savings and not be spent at this time when Bitcoin value is still below $10,000.

[VINCEAKTN]

Yes of course, i usually use my btc for buying my stuff from internet because it's pretty simple and many stores give discounts. I also invest my btc with assumption i can get more money from investing my BTC

[jhongzjhong]

Bitcoin now in my crypto wallet, well this my storage I'll never spend it waiting for the right time harvest my storage. Since Im joining here in bitcointalk I did not spend my bitcoin, I prepared this for my coming wedding soon. Well I hopping that someday the price of bitcoin rich 10k dollars or more than I expected.

[centralbanksequalsbombs]

i USE bitcoin everyday by holding to increase my wealth with time (or not have my purchasing-power go down as if I was holding crappy fiat-currency or centralbank-manipulated assets (like stock, gold, real estate). It is the best, store of value asset available in the world. Available to everyone in the world.

Everyday my USE of my wealth is secured, and everyday I have the power to transfer it around the world without intervention by anybody else.

[layoutph]

Yes,  while others are keeping their btc in a chest,  I use the portion of my Bitcoin investments to pay my creditcard,  my electricity,  my water billls, pay my domain hosting,  domain name renewals.

[Innocant]

Im just use my BTC for my important reason.
Or for trading some coins so that i can buy some cheap price of altcoins.

[Freegan]

To be honest I do not have much bitcoin because all the time I have spent them buying and selling things continuously, although in my country it is still difficult to find stores where you can buy things directly with bitcoins. Despite this, I have never had problems exchanging my bitcoins for cash almost automatically

[sirenmoon]

I'm no using it yet. I'm stashing it for better tomorrow. I cant brag that I have much BTC, but the little amount I have is my satisfaction and achievement in the world of the cryptocurrencies. Most of my colleagues at work and also my family don't even know what BTC is so my little stash that I have is my breakthrough for me. I've put effort to learn about BTC and every day that passes brings me more knowledge about it. I hope one day it would present more than a little beer money to me. When that day comes and if it comes I will spend BTC on my family.