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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 30954 times)
inturist
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December 08, 2017, 09:32:58 AM
 #1181

I just hold my bitcoin and buy a little when the opportunity is given. I try to postpone every month 10% of my salary.
investing at the moment is the best strategy with such volatility.
Jack Harris
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December 08, 2017, 09:38:05 AM
 #1182

I have used my BTC in the past here and there for payments, but they always have been very small amounts, and in my country there is actually not many places that physically accept bitcoin. The lack of bitcoin acceptance in Amazon and other online merchant sites has also been a problem to me, but I will solve that in future with gift cards.

For me, lack of acceptance is definitely a big issue here.
CryptoBitCoins
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December 08, 2017, 09:39:12 AM
 #1183

It seems to me that because of the large commission and the long time of transfer of funds, the use of BTC in everyday life is not rational now. Therefore, I first deduce money for a card, and after that I use them for the purpose.
btcdepo
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December 08, 2017, 01:29:56 PM
 #1184

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.

I try to hold as long as I don't need cash very urgently and I'm trying not to spend more than %10 of what I have because it is growing very fast.

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syamster
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December 09, 2017, 04:58:31 PM
 #1185

I invest BTC0.3 in bitcoin related gambling sites, now I have only some mbtc in my wallet.
Yes I use my bitcoin and it must be use because it’s a digital currency and I don’t think so that some will not use bitcoin because it’s here to use and I think bitcoin use is high than any other currency in my country bitcoin price is very high and when I convert bitcoin in my local currency so it's always give me extra money and that extra money always giving me help to buy things and for that I’m just changing a little amount of bitcoin.

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jirene21
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December 09, 2017, 05:04:42 PM
 #1186

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 only use it occasionally for bills or online shopping. i also want its price to increase, but not using it when the price is high is a shame. you don't know what might happen tomorrow.

pabpete
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December 09, 2017, 05:34:52 PM
 #1187

I think anyone here that used its bitcoin in the past regret it now. I don't think i'll use it before the price stabilize.

Currently, I am not doing anything with my coins. I keep them and thanks to that profits increase. It is unlikely that such a simple way can turn out to be so effective.
theseraphgabriel
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December 09, 2017, 05:39:38 PM
 #1188

no it's basically my 401K and I have both, but my BTC fund is outdoing my 401K BIG TIME! Will probably cash out my 401K and put it into BTC.
Marco Ambrusini
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December 10, 2017, 02:37:49 PM
 #1189

i do use bitcoin depending on the occassion.mostly i do use some to invest in ICO's, and trade occasionally if i have a very positive signal.
Sometimes  I do use my bitcoins to purchase items online if the seller is willing to accept bitcoins in payment .
Dharmendrax
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December 10, 2017, 04:49:18 PM
 #1190

Yes i used my btc for shopping purpose in my nearest mobile shop and as well u know now many companies accepting bitcoin.
Simon pasco
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December 10, 2017, 04:52:13 PM
 #1191

saw the rise of bitcoin, better not to spend them, in a few years we will be happy to have kept
USScrypto
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December 10, 2017, 06:30:51 PM
 #1192

I used bitcoin just for trading and never hold them for long term but now i undertstand that I did big mistake, if u have btc hold them dont sell now.
Janine012
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December 10, 2017, 06:38:55 PM
 #1193

I used Bitcoin as form of investment, trading and before in gambling. Luckily, i realized the importance of storing of bitcoins as much as i can as it is tremendously increasing in price for the past years. Its stability and immutability makes it widely adoptable globally.
2fresh
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December 10, 2017, 06:41:02 PM
 #1194

Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.
CookingRaptor
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December 12, 2017, 03:27:10 PM
 #1195

I michael not right here to calculate any price inflation or reduction, But i can oy put my sights right here, there is lots of potential to bitcoin development in the future as utilization of the same has been drastically elevated within our daily life and hoping the same would develop daily, I m predicting that the cost would achieve a wear out point and so the cost may become steady or improve much more n much more too, in both the methods its good to the marketplace manufacturers d market users as from long-term perspective marketplaces would becomes cash totally freenl
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December 12, 2017, 03:28:40 PM
 #1196

Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.
I think I keep using it because they also can not keep quiet. chances are they will be turning their money back or may be using it for other needs

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December 12, 2017, 03:42:15 PM
 #1197

Yes i used btc many time to purchase some online products like as game and i used for cash.
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December 12, 2017, 03:44:47 PM
 #1198

Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.

If a lot of people starts to save bitcoin and not use them, I guess it will be a great effect on the bitcoin price that may create a dump. People are so scared to use their bitcoins because they might regret it when the price pumps. I guess the game of "I will not be selling it because I know it will be pumping more soon" will not end unless a great dump happens.
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December 12, 2017, 03:48:26 PM
 #1199

No, im not using my btc im just holding it
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December 12, 2017, 03:54:06 PM
 #1200

I find bitcoin has many benefits and bitcoin is convenient. I spend a lot of time to learn about it. Every day I use bitcoin.Bitcoin is great and I want more and more people to use it.

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