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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 30954 times)
mickeybuddy27
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December 07, 2017, 05:54:19 AM
 #1161

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.
I am using it to as my allowance by converting into fiat. I never try to invest bitcoin but saving it on my wallet then when I think that I can get profit because it increases more.
It is good to invest it but I only have enough to support my daily living. I continue to work to gain more so that I will have also an amount to invest.

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December 07, 2017, 05:59:41 AM
 #1162

As a housewife and without work, bitcoin help me to provide (some of it) and help my husband to our everyday living. But if my husband can provide most of our needed money, i just kept my bitcoin and wait for it to increase. Its like a saving for some emergency purposes or something that really need fast money. Sometime if i really need to pay our bills, i would gladly spend my bitcoin. I also use it to top up or load my internet connection. I guess spending bitcoin is needed for it circulate. Even if has great value as of now and we are having some issue of spending it or not, we should atleast spend some of it, just to make us feel the happiness that our long time holding of our bitcoin has to come with a fruitful outcome

shezu007
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December 07, 2017, 06:14:34 AM
 #1163

Indeed, I am utilizing my bitcoin. In spite of the fact that I have some bitcoin in my wallet I don't stick every last bit of it in it. I used to contribute it to a few coins, in mining and I additionally use to bet my bitcoin. I used to differentiate it to some valuable exercises with the goal that it might gain higher and have the capacity to reduce the hazard in putting every last bit of it in one place.
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December 07, 2017, 06:18:41 AM
 #1164

You've never used BTC to buy anything, but it will not stop you from using it in the future. Suppose you want to buy goods for 1 BTC, you will only pay 1 BTC before with fiat. Once stable in the future you are happy to use them all the time.
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December 07, 2017, 07:00:40 AM
 #1165

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.
yes I agree your opinion, bitcoin is very valuable, and its value now also exceeds gold. Bitcoin not only helps to increase revenue but also becomes a regular source of income. Because the value is increasing, making bitcoin as the right media to invest. Ease of use makes me think, "why hesitate to use '
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December 08, 2017, 03:24:06 AM
 #1166

I use my btc occasionally,I will just use my bitcoin if I dont have enough money in paying bills like my cellphone plan and also in e loading but also most of my bitcoin are stored or saved in my wallet for a couple of months  because I am waiting for its value to reach around $20k before I sell it so that I can be able to get rich instantly so right now I work hard to keep on earning btc so that I can be able to achieve my dreams and buy all the things that I wanted soon so right now I will just wait a little big longer.
Bitcoin is very close to that price, it is even possible bitcoin reaches that price before the end of the year, however selling now that so many things are going right for bitcoin does not seem like the best idea, but if that is your target price and you are going to become rich with that then that is a good decision, but I'm holding until bitcoin reaches an higher price.
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December 08, 2017, 03:28:06 AM
 #1167

No, I'm just saving it and sometimes investing to increase my Bitcoin. Better to save it first and when you need it in the future you can use it with purpose. Also, I'll use it as my emergency fund.

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December 08, 2017, 03:38:00 AM
 #1168

until now I have never used bitcoin to buy something because here is not possible. besides, I only use it for trading and investment only. 
I did not expect the price to be this high, and I had sold all the btc I had a few months ago to buy some stuff. next time should be more patient.

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December 08, 2017, 03:42:15 AM
 #1169

Now I really regret spending my Bitcoins in 2015 and 2016. I faced some cash crunch back then, and I had converted almost 80% of my coins to fiat cash. And the worst part was that the prices were really at rock bottom back then. Theoretically, I am supposed to be happy because I still have around BTC2.50 in my wallet. But I am still thinking about those trades in 2015/16.

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December 08, 2017, 08:00:24 AM
 #1170

Yes. I use a lot of btc when there are Occasion like birthday and emegency and now I invest my btc and I'll wait about 1-3 years before I sell it to our currency and it's peso and I'm sure i can earn big. And  especially earning now Many rich investors choose the bitcoin because they know they will earn a big deal.
Lol, Same here, man. Rather no one is ready to waste their bitcoin over trivial things because in this way they will miss a grand opportunity of becoming millionaire with bitcoin. I am in opinion of withdrawing bitcoin only when you are in some huge need of money and that too on urgent basis. Otherwise it is really so silly to waste your bitcoin on some useless things like buying clothes, online shopping etc.
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December 08, 2017, 08:23:22 AM
 #1171

BTC still has limitations when it comes to purchasing or doing something like the dollar. We still have to think very well because many of our customers do not recognize BTC's deals.
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December 08, 2017, 08:31:43 AM
 #1172

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.

Honestly speaking, I've never used bitcoin to buy anything or what since I still have a job and my salary is still enough to support my needs and the needs of my family. I'm not spending it because I'm still waiting for the price to go up so I'm just holding and investing my bitcoin. I value bitcoin too much because I know that it in the end, it will be all worth it.

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December 08, 2017, 08:34:36 AM
 #1173

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.

Honestly speaking, I've never used bitcoin to buy anything or what since I still have a job and my salary is still enough to support my needs and the needs of my family. I'm not spending it because I'm still waiting for the price to go up so I'm just holding and investing my bitcoin. I value bitcoin too much because I know that it in the end, it will be all worth it.

Any btc I received I used it. As a student, I fond of buying what I want as this is an extra income for me. But I think due to the sudden rise of bitcoin prices, i will try to save next year as aprt of my new years resolution. Wish me luck haha

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December 08, 2017, 08:38:46 AM
 #1174

Everyone is dreaming to the moon. But if you look to the moon, you can be a to the hell, so you better judge the situation.
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December 08, 2017, 08:40:48 AM
 #1175

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 have urgent and very important needs. But only part I use, the rest I keep on my wallet. Maybe I'll wait longer to sell everything.
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December 08, 2017, 08:40:51 AM
 #1176

Ofcourse i use my btc because these really help, anyone who holds btc it is sure that they use btc and it is sure that no one will waste it, because it is precious and it has a big value to all nations that accepts crypto and i am useinh btc for a good cause.
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December 08, 2017, 08:53:54 AM
 #1177

I hold my BTC for future.

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December 08, 2017, 09:00:35 AM
 #1178

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 have urgent and very important needs. But only part I use, the rest I keep on my wallet. Maybe I'll wait longer to sell everything.

All of us in here was doing to hold our bitcoin for a important reason, As you said you use you bitcoin for urgent and important needs. Just like me also ill doing that for my important needs not only me in for my family also.
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December 08, 2017, 09:01:05 AM
 #1179

Yes, I do use my bitcoins to purchase items online if the seller is willing to accept bitcoins in payment, but I will always ensure the seller is a trusted member on the bitcoin goods community before I send any bitcoins to his wallet, It will be better to use an escrow for items that are costly to safeguard yourself from scammers.

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December 08, 2017, 09:12:07 AM
 #1180

I use my bitcoins for gambling and trading, for that because I always wish to earn back what I spent on transaction fee, that stops me from using bitcoins for anything else. Fees are too high and when I need to send bitcoins I calculate fees and I always wish to make profit that will cover cost of my transactions, that is a real pain in the ass what is happening with fees and all started in beginning of this year, I don't plan to buy anything with bitcoins until fees go back where they were in 20 cents!

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