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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 30950 times)
00BtcBuddy
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December 06, 2017, 02:15:16 PM
 #1141

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.

Well I think people just use their bitcoin when they are in really need of money. Bitcoin users know themselves, as well as you and me, that bitcoin's value is constantly changing, you may become a millionaire the next day or otherwise, become broke. So for me, what I do is spend some of my funds and invest the rest and take the risk. At least I've got something even if bitcoin market crashed.
Risktaker31
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December 06, 2017, 02:20:35 PM
 #1142

I definitely use my bitcoin for my house bills like electricity water and internet bills because it is easier to transact and have lower fees here in the philippines using COINSph. But sometimes I use it to withdraw and pay for my grocery bills.
Intersan
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December 06, 2017, 02:48:29 PM
 #1143

I voted for occasionally because I used my bitcoin whenever I needed money. I am supporting myself in my studies and I also helped my family with the financial expenses and because of this I withdraw my earnings from time to time. I admit it is very hard because just like the other bitcoin believers, I also want to hold my bitcoin as long as I can because it continually grow but I can't just turn away from my obligations. I do not regret it because I used the money for myself and my family and not for luxuries and bad things.

radjie
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December 06, 2017, 02:57:17 PM
 #1144

yes of course I use my bitcoin. both for economic and daily needs as well as for future needs that we often refer to as investments. because bitcoin can be used whenever we need it but we should also be able to know and always monitor the situation and conditions that occur in bitcoin
radjie
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December 06, 2017, 03:01:34 PM
 #1145

Bitcoins are very valuable in the future, I will think twice about using them
in my opinion bitcoin is not only usable and valuable in the future, because even now bitcoin can we use for transaction process and at this moment bitcoin is very valuable for its users especially for people who do not have permanent job.
redhondaxrm125
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December 06, 2017, 04:52:07 PM
 #1146

yes of course I use my bitcoin. both for economic and daily needs as well as for future needs that we often refer to as investments. because bitcoin can be used whenever we need it but we should also be able to know and always monitor the situation and conditions that occur in bitcoin

I agree with you. I too am doing the same thing also. I use it often for investing in various promising ICOs and alternative coins out there. But i also use it to buy stuff(not because it is easy(which is not) but because it is cool and want to brag about it to my friends. Lol). I also have a separated wallet for saving and emergencies.
MuRrCoin
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December 06, 2017, 04:57:46 PM
 #1147

At the moment I won't use my BTC....but is true that if all the person will do the same it could be a critical factor in the BTC eco-system...cause it will be just consider as an asset / investment and not as a real currency...
megalith researcher
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December 06, 2017, 05:05:15 PM
 #1148

I've used it sometimes, to charge my cell phone and pay some bills, but the fees doesn't make it very attractive for such use cases.
I'm confident this will be better in the future though. The network needs time to receive more improvements, and the market needs more companies, so there is more competition and lower commissions charged by these services.
jamelyn
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December 06, 2017, 05:22:19 PM
 #1149

Of course I always use my bitcoin even though I do not need it. I convert to php then stock only on wallet I do not know how to hold bitcoin much because I need to spend so I always convert it to bitcoin to php. I do not repent when it increases the value
yourialfa
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December 06, 2017, 05:25:17 PM
 #1150

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 my bitcoin when I need money. If there is no urgent need then I will keep the bitcoin until the price is really high. Yes this is true investment, even I can say this investment for the long term.
meebs
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December 06, 2017, 05:28:05 PM
 #1151

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 my bitcoin when I need money. If there is no urgent need then I will keep the bitcoin until the price is really high. Yes this is true investment, even I can say this investment for the long term.

That is the right thing to do as saving it for future can bring more profits for us as its price will be more valuable in future so using it now is not the right thing unless you are in urgent need of money then you can sell a part of it and rest save for the future.

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marriams
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December 06, 2017, 05:45:49 PM
 #1152

I do not think is a good idea to use the bitcoin. Bitcoin stopped being a currency a while ago, it is only a store of value. I do not think anyone using bitcoin to pay for stuff, but only as investment or trading.
R21
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December 06, 2017, 05:53:20 PM
 #1153

I invest BTC0.3 in bitcoin related gambling sites, now I have only some mbtc in my wallet.
paul00
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December 07, 2017, 01:53:23 AM
 #1154

Yes, I am using my bitcoin. Although I have some bitcoin in my wallet I don’t stick all of it in it. I used to invest it to some coins, in mining and I also use to gamble my bitcoin. I used to diversify it to some useful activities so that it may earn higher and be able to lessen the risk in putting all of it in one place.
Crislyn4116
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December 07, 2017, 02:11:07 AM
 #1155

Yes i use my bitcoins in a form of loading and buying a products and i love to use my bitcoins in a trading site like poloniex and mercatox to trade with others tokens ang earn money

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Makak4R
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December 07, 2017, 02:15:29 AM
 #1156

well, actually yes
with bitcoins my rig is earning I'm planning to buy some more GPUs to make it more powerful and more balance
for example I added one rx vega56 to the rig of four gtx1080ti - so now it is mining monero along with some btx
cool!  Cool
ken0203
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December 07, 2017, 02:35:54 AM
 #1157

Rarely will I use mt BTC to purchase anything. Most times I convert them to USD. Go from there.. I don't want any traces leading back to me with BTC. I use it to pay my friends when I owe them some money and also I like building apps that let me spend them in stores like Starbucks and Target and Home Depot.
ronremsey25
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December 07, 2017, 02:38:38 AM
 #1158

Usually I use may BTC in trading site for buy and sell of cryptocurrency. But sometimes I used BTC to buy load.

aBoss
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December 07, 2017, 05:32:43 AM
 #1159

clients pay me in bitcoin, i hold them or sometimes play them on an online bitcoin casino, never really found stuff to purchase with btc. Hoarding is something im considering considering the rate at which bitcoin is shooting

Hey what are some ways to contact you as bitcointalk PM system is limiting me.

My discords is bossk#4420

But if you got another contact lmk
christina30
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December 07, 2017, 05:47:36 AM
 #1160

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 save my btc since i still have job and salary 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.But sometimes I use it to withdraw and buy our daily needs like food
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