Bitcoin Daily Living - page 5. | Bitcointalksearch.org

NeironixNV

jr. member

Activity: 42

Merit: 1

https://neironix.io/

Quote from: Malam90 on November 27, 2019, 09:03:47 AM

Quote from: Mike Mayor on November 13, 2019, 03:40:57 PM

I don't live on crypto-only because I can't pay bills and buy food with it. I do however buy almost everything else with crypto and my income revenues include bitcoin as a payout method alongside all the normal banking ones and PayPal which is nice to see because being paid used to be a problem for me. They always wanted me to have a Paypal or something. The bank I use doesn't support Paypal.

How does the bitcoin debit system with Bitpay work? How has it been for you?

I am fully agree with you because I am not fully dependent on crypto daily as crypto is not allowed in the maximum countries including mine. We can't pay bills, withdraw money from atm or exchange crypto with fiat money directly.

Yes, in a small number of countries there are stores that accept bitcoins, so it is often used in online shopping and in very rare cases in real life, but I read at the neironix that ATMs that have received bitcoins in Black Friday have been put in the USA.

Malam90

full member

Activity: 1099

Merit: 116

Quote from: Mike Mayor on November 13, 2019, 03:40:57 PM

I don't live on crypto-only because I can't pay bills and buy food with it. I do however buy almost everything else with crypto and my income revenues include bitcoin as a payout method alongside all the normal banking ones and PayPal which is nice to see because being paid used to be a problem for me. They always wanted me to have a Paypal or something. The bank I use doesn't support Paypal.

How does the bitcoin debit system with Bitpay work? How has it been for you?

I am fully agree with you because I am not fully dependent on crypto daily as crypto is not allowed in the maximum countries including mine. We can't pay bills, withdraw money from atm or exchange crypto with fiat money directly.

WersicyMonree

newbie

Activity: 16

Merit: 0

Quote from: Waterfull446 on November 27, 2019, 08:33:38 AM

Quote from: ?? on ??

Would you sell Bitcoin now before it drops even more? What is your prediction?

were you hoping to make a quick profit? then probably you should sell it

Is bitcoin promising only at long distances? I know many trade with 200 and 300% profit

My personal bottom line now is always buy on the drops, sell into strength. but maybe you should wait and study trading strategies. I saw good ideas on taklimakan network, it will show when bitcoin will bullish, then buy or sell.

there are not many such traders. who wants to pay more attention to financial preparation, they remain in the game. price fluctuations can reach 30% during the day. this is something that beginners do not consider when they come to buy bitcoin

Waterfull446

newbie

Activity: 28

Merit: 0

Quote from: ?? on ??

Would you sell Bitcoin now before it drops even more? What is your prediction?

were you hoping to make a quick profit? then probably you should sell it

Is bitcoin promising only at long distances? I know many trade with 200 and 300% profit

My personal bottom line now is always buy on the drops, sell into strength. but maybe you should wait and study trading strategies. I saw good ideas on taklimakan network, it will show when bitcoin will bullish, then buy or sell.

xvids

sr. member

Activity: 1176

Merit: 301

I only use crypto to buy some mobile loads and pay some of my bills if I feel lazy to go out.
I only use it if I don't have cash but I think it could be great if we could use it anywhere and if every seller or company would accept it.
This could save us when we have something we need or want but we don't have enough cash to buy it or pay for it.
And also it would help a lot specially for those who are only earning in crypto they don't need to convert it and withdraw it anymore less transaction fee.

carriebee

sr. member

Activity: 1148

Merit: 251

Quote from: Samsungs10 on November 27, 2019, 03:34:47 AM

I use bitcoin to support all my needs and desires in my daily routine and I also use it as financial support to use it as a payment for things I need to buy household needs and others.

Actually I am one of many people who use bitcoin every day in my daily life.

In my country there are insufficient of accepting bitcoin to buy goods and things. So only few we can use btc to pay bills and services. Though we can use it in our daily lives but limited only. Hopefully in the future more adoption of btc can happen.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

I have never used Bitcoin directly to pay for anything, but I have used it to buy gift cards. I make use of the BitPay wallet and it has always been my means of spending my Bitcoins whenever I want.. I ordered for their Visa card last year and I have been using it, it's really cool, except for the fees. But, they don't charge any fees when you want to convert your Bitcoin to dollars.

There are lots of gift cards that you can buy from the BitPay wallet, so instead of withdrawing my Bitcoins I can simply just buy the gift card I need, whether Amazon, Delta, XBox or any gift card, and I can then spend it on the platform on whatever I want. That's really one of the coolest things about Bitcoin right now. I have also done face to face transaction with a local Bitcoin exchanger, and have him make fiat payment to my bank account. Using Bitcoin is really cool.

Samsungs10

jr. member

Activity: 45

Merit: 4

I use bitcoin to support all my needs and desires in my daily routine and I also use it as financial support to use it as a payment for things I need to buy household needs and others.

Actually I am one of many people who use bitcoin every day in my daily life.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

Using bitcoin as direct payment seems it was never done before because limited of used so bitcoin cannot be used to made daily transactions because although bitcoin pretty popular in my country but it not more than for trading purpose and virtual asset so use bitcoin to buy my daily needs seems near to impossible for me and until now although i'm bitcoin user but the fact is i still need fiat and compare between transactions use fiat and transactions use bitcoin i think i make more transactions use fiat rather than bitcoin

BartS

sr. member

Activity: 980

Merit: 255

Quote from: boris singer on November 26, 2019, 10:07:27 AM

I still remember in the 2017 period, many businesses in my country were very flexible using bitcoin for bill-related payments, etc., Many service advertisements spread on social media convincingly, and also on hypermart.

But they were all surprised at last because regulations finally emerged. Many things about crypto are very limited by rules.

At present the implementation of bitcoin is only about how to use it as an asset that can be managed every day. As long as the bank has no problem with fiat/btc transactions, I don't feel any significant hassle.

This should be expected, when something is small governments do not really bother with it because they stand to get no profits out of it however once they begin to notice something is getting really popular that is when they begin to try to regulate it.

And during many years governments thought that cryptocurrencies were only for a few computer enthusiasts but in 2017 they realized that was not the case and that is when we began to see a lot more regulations been passed in most countries.

tungaqhd

hero member

Activity: 1540

Merit: 508

Quote from: TimtheYoutuber on November 13, 2019, 12:37:18 PM

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin

Who here uses Bitcoin daily or lives on the financial crypto market?

I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

Bitcoin payment is illegal in my country but it is my main income now, i often use Bitcoin to pay bills on the internet or sell it for fiat money. However i think that Bitcoin for daily use basis is not a good idea because the high fee and the price is not stable.

Congyang

full member

Activity: 882

Merit: 110

in my country bitcoin will not be easy to accept, the advantage for you if you can use bitcoin in everyday life. I'm also here wanting to use bitcoin for daily life, but it's not easy and has to be full of risks from state regulations

boris singer

sr. member

Activity: 882

Merit: 268

I still remember in the 2017 period, many businesses in my country were very flexible using bitcoin for bill-related payments, etc., Many service advertisements spread on social media convincingly, and also on hypermart.

But they were all surprised at last because regulations finally emerged. Many things about crypto are very limited by rules.

At present the implementation of bitcoin is only about how to use it as an asset that can be managed every day. As long as the bank has no problem with fiat/btc transactions, I don't feel any significant hassle.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: pundit on November 21, 2019, 12:26:08 PM

I really can't use BTC or altcoins to pay bills or purchase anything at my place. Cryto for me is still an investment option although I know blockchain is a powerful and cheap method to do any type of financial transaction. BTC due to its volatile nature is hard to be accepted as currency in my country, as as people are more concerned to save their money instead of taking risk to grow it and that is right as per their risk appetite. Lets see if things get changed with time.

It depends how and what we are doing with our funds, as it has been my practice ever since, in my profit, I am allotting some of it thru savings, so I am transferring it to other wallet, before cashing out, I am paying my bills thru my Bitcoins and the rest of my fund, cashing out that we can use for our daily life or will save some if there is an excess from expenses.

TimtheYoutuber

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Activity: 1708

Merit: 125

www.positivebetting.com

Quote from: pundit on November 21, 2019, 12:26:08 PM

I really can't use BTC or altcoins to pay bills or purchase anything at my place. Cryto for me is still an investment option although I know blockchain is a powerful and cheap method to do any type of financial transaction. BTC due to its volatile nature is hard to be accepted as currency in my country, as as people are more concerned to save their money instead of taking risk to grow it and that is right as per their risk appetite. Lets see if things get changed with time.

I wouldn't say it is a cheap method to make transactions. The only way that Bitcoin will change and be used daily, will be if people start valuing it.

pundit

full member

Activity: 868

Merit: 104

I really can't use BTC or altcoins to pay bills or purchase anything at my place. Cryto for me is still an investment option although I know blockchain is a powerful and cheap method to do any type of financial transaction. BTC due to its volatile nature is hard to be accepted as currency in my country, as as people are more concerned to save their money instead of taking risk to grow it and that is right as per their risk appetite. Lets see if things get changed with time.

enhu

legendary

Activity: 2492

Merit: 1018

Somehow I can consider I live my life with BTC since I work online though not related to BTC but every free time I get to browse what's new n the forum and checking what cause the price to take a nosedive or what cause the spikes. Its hard not to think of BTC every day especially if you have invested to it and have lose amount of money because of the 2 year bear market but I'm spending some btc and still holding some coins.

crisanto01

sr. member

Activity: 644

Merit: 253

Quote from: iamaruf on November 20, 2019, 07:55:04 AM

Quote from: TimtheYoutuber on November 13, 2019, 12:37:18 PM

Who here uses Bitcoin daily or lives on the financial crypto market?
I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

I try to use bitcoin in daily life.But btc is illegal in our country that's why I can't use it properly.Bought a used phone from my friend and paid it via bitcoin. Also i bought huge amount of digital products via bitcoin. But maximum time need to exchange btc for fiat.if our country accept bitcoin then i will use my btc daily to buy product

In which country you are from by the way? That's sad that your government is restricting the way you were using crypto, it must have been difficult for you to cash out your fund.

Anyway, let's not worry about it we will for sure become one and that is to have a cashless society, so far in our country, we can use this to pay our bills and to deposit directly to our bank account/s.

weidex

jr. member

Activity: 243

Merit: 1

It is a matter of time for Bitcoin to become easier to use and more widely accepted.
But first, we have to solve the interoperability issues between the different blockchains and to start using the full potential of the tech stack as a whole.

In fact, there are some dApps already solving this issue: https://app.jelly.market/ . This is a dApp that executes cross-chain swaps between different blockchains, hence you can exchange BTC for ETH, or dump your TRX for BTC. The project will also integrate a bridge to Compound so that you can finally start lending and borrowing with BTC.

This is how we should search for ways to use BTC in our everyday life and not just hodl our BTC as safe haven asset.

iamaruf

sr. member

Activity: 1064

Merit: 265

Vave.com - Crypto Casino

Quote from: TimtheYoutuber on November 13, 2019, 12:37:18 PM

Who here uses Bitcoin daily or lives on the financial crypto market?
I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

I try to use bitcoin in daily life.But btc is illegal in our country that's why I can't use it properly.Bought a used phone from my friend and paid it via bitcoin. Also i bought huge amount of digital products via bitcoin. But maximum time need to exchange btc for fiat.if our country accept bitcoin then i will use my btc daily to buy product

Topic: Bitcoin Daily Living - page 5. (Read 1839 times)