i dont know why people compalin about spending btc on food etc..
btc circle..just like real money
Topic: Are You Spending Bitcoin? - page 9. (Read 8499 times)
I spend them all the time, I prefer using Bitcoin over a credit or debit card.
Where usually do you spend btc? On which resources?
im new on this, but if i must have spend my bitcoin, i want to buy some stuff for my necessities of life, like food;clothes;bill etc.
survive number one, fun number two. thats my rule
survive number one, fun number two. thats my rule
Spend Bitcoin at every opportunity you get and replace it immediately. That helps to get it into the system and gives it more value.
I just read this:
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014
It raises an interesting point that if we spend Bitcoin to buy stuff, the companies will most likely sell the BTC pretty quickly.
What do you think?
Will shopping with Bitcoin be good or bad for the price of BTC?
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014
It raises an interesting point that if we spend Bitcoin to buy stuff, the companies will most likely sell the BTC pretty quickly.
What do you think?
Will shopping with Bitcoin be good or bad for the price of BTC?
This is a commonly held view, but it's not so simple. We can't so easily gauge off-exchange demand. I suspect processors like Bitpay and Coinbase only sell on the exchanges when it is profitable for them to do so. And I don't think that they usually dump all coins they process on exchanges -- not at all -- so I am not sure how much it depresses price.
I;m not currently spending bitcoin as I believe in them as a currency and think their use is only going to grow, so am saving them as an investment. I can't wait to spend them and see what I can get for my money though.
I think that's a wise idea and I'd like to do that too (though I don't have much at the minute) as I'm sure it's only a matter of time before we see quite a hefty price rise again, so holding on to coins for a while could be a good investement.
I always spend/donate some bitcoin.
Beginning from q1 2014 it became my main payment solution.
Beginning from q1 2014 it became my main payment solution.
I spend them all the time, I prefer using Bitcoin over a credit or debit card.
I;m not currently spending bitcoin as I believe in them as a currency and think their use is only going to grow, so am saving them as an investment. I can't wait to spend them and see what I can get for my money though.
It all goes back into rotation of bit coins i wouldn't worry.
Hope one day I could mortgage it and get a loan to spend
i haven't spent any yet so far. i think retailers need to offer discounts that would offset the exchange fees.. in that case, i'd buy bitcoins off the exchange and then make my purchase since it wouldn't cost anything and would help bitcoin.
The exchange fees are generally very low and would be much lower then if you were to pay via a credit card. For a merchant to offer a small discount for consumers accepting bitcoin they would still end up on top because the cost for credit cards is usually in excess of 3%. 
I invest to get more Bitcoin, and only buy things to multiply my Bitcoins.
Why buy things with my most valuable stuff, when I can give worthless fiat?
Why buy things with my most valuable stuff, when I can give worthless fiat?
Because it increases the usage and acceptance of Bitcoin. Pay with Bitcoin, then use the fiat you would have used for the purchase to instead buy more Bitcoin. Voila.
Fees to convert Fiat to Bitcoin are high. Also lack of acceptance from the stores I most use.
But I spend on investing, so I do my part.
Yes, I love spending bitcoin. One thing I do feel bad for is using things like snapcard. Because yes, I can purchase almost anything with bitcoin. However, the vendor does NOT know I used bitcoin so it doesn't really do any good. :/
I invest to get more Bitcoin, and only buy things to multiply my Bitcoins.
Why buy things with my most valuable stuff, when I can give worthless fiat?
Why buy things with my most valuable stuff, when I can give worthless fiat?
Because it increases the usage and acceptance of Bitcoin. Pay with Bitcoin, then use the fiat you would have used for the purchase to instead buy more Bitcoin. Voila.
I invest to get more Bitcoin, and only buy things to multiply my Bitcoins.
Why buy things with my most valuable stuff, when I can give worthless fiat?
Why buy things with my most valuable stuff, when I can give worthless fiat?
I spend as much as I can. If I drain my btc wallet, which happens a lot, a couple mouse clicks on Coinbase can top it up $1,000 worth of Bitcoin instantly.
I'm not really spending much BTC. I am adding more here and there. I did just spend some recently on a new Trezor, but I immediately put that amount of BTC back into one of my wallets.
I would have bought it with credit card or debit card if they would have accepted it. It was actually the first time that I have actually spent BTC. I was pleasantly surprised with how easy it was.
I would have bought it with credit card or debit card if they would have accepted it. It was actually the first time that I have actually spent BTC. I was pleasantly surprised with how easy it was.
i haven't spent any yet so far. i think retailers need to offer discounts that would offset the exchange fees.. in that case, i'd buy bitcoins off the exchange and then make my purchase since it wouldn't cost anything and would help bitcoin.
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