Daily use of bitcoin? - page 2. | Bitcointalksearch.org

DoublerHunter

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Quote from: radjie on April 26, 2017, 07:31:39 AM

Quote from: Michel de Montaigne on January 16, 2017, 05:56:32 AM

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

It sounds very difficult to pay coffee using bitcoin to have to wait long.
You better use the money case, if the need was just to buy a coffee, because just spending time just buy a coffee with the payment of the bitcoin.

In business or buying a service or item like coffee, i think bitcoin is not designed for that as of now because the network is getting more and more volume of transactions that cause the network to be slow to confirm transactions. If the team of bitcoin will work on this and think a solution on how they can solve this slow network then it will be easily for businesses to use bitcoin.

radjie

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Quote from: Michel de Montaigne on January 16, 2017, 05:56:32 AM

Hi friends,

As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?

It sounds very difficult to pay coffee using bitcoin to have to wait long.
You better use the money case, if the need was just to buy a coffee, because just spending time just buy a coffee with the payment of the bitcoin.

jorneyflair

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Quote from: sasaku bitbit on April 26, 2017, 05:44:51 AM

Quote from: TreeOfDeath on January 16, 2017, 08:31:57 AM

I usually buy games in exchange for bitcoin, so for me, btc is the nice option because you don't need any investment.

I use bitcoin on each of my game, so it's very important for bitcoin needs a whole day to me and I recommend you to use the bitcoin because the price of the currency value above me, apalaagi if we get a big fortune. is very happy and you make me. .. so the bitcoin choice doesn't need another investment

I really like the opportunities that cryptocurrency may give to its users, there are many ways to invest or just buy it, for purpose of obtaining some goods.

If I would like to play a game on PC, there would be no problem for me to just order it through internet, by using bitcoin as a payment solution.
Digital goods are always the best to buy with cryptocurrency and the reason is very simple: if I have bought a game by BTC, I just use the code that gives me access to content.
In such a scenario, all I need is to convert fiat which is really easy in most cases, I do it through wire transfers or trusted p2p services.

Alfa123

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Quote from: deisik on April 26, 2017, 05:25:17 AM

Quote from: dirokkl on April 26, 2017, 04:36:17 AM

For small purchases bitcoin is not very convenient. Perhaps in the future it can be used in almost all areas, but for a glass this is not entirely convenient

It is not just about being inconvenient

Anyway, you can always order a Bitcoin payment card and pay with your bitcoins just as easily as you would pay with dollars (or whatever). It just doesn't make a lot of sense to spend precious coins on trivial things when you can spend fiat ("bad" money). I guess many people here apart from bitcoins are earning regular income in their local currencies, therefore spending fiat seems to be a preferred way of buying small things, all the while keeping bitcoins and earning additional income via Bitcoin appreciation

Yes, it is unreasonable to spend coins on all kinds of purchases. They can grow significantly after a while and bring a good profit.

sasaku bitbit

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Quote from: TreeOfDeath on January 16, 2017, 08:31:57 AM

I usually buy games in exchange for bitcoin, so for me, btc is the nice option because you don't need any investment.

I use bitcoin on each of my game, so it's very important for bitcoin needs a whole day to me and I recommend you to use the bitcoin because the price of the currency value above me, apalaagi if we get a big fortune. is very happy and you make me. .. so the bitcoin choice doesn't need another investment

deisik

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Quote from: dirokkl on April 26, 2017, 04:36:17 AM

For small purchases bitcoin is not very convenient. Perhaps in the future it can be used in almost all areas, but for a glass this is not entirely convenient

It is not just about being inconvenient

Anyway, you can always order a Bitcoin payment card and pay with your bitcoins just as easily as you would pay with dollars (or whatever). It just doesn't make a lot of sense to spend precious coins on trivial things when you can spend fiat ("bad" money). I guess many people here apart from bitcoins are earning regular income in their local currencies, therefore spending fiat seems to be a preferred way of buying small things, all the while keeping bitcoins and earning additional income via Bitcoin appreciation

dirokkl

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For small purchases bitcoin is not very convenient. Perhaps in the future it can be used in almost all areas, but for a glass this is not entirely convenient.

paul gatt

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Quote from: ?? on ??

Bitcoin is not used every day

Bitcoin can be used daily if we know how to do it. Some sites allow us to trade online and pay by bitcoin, we can buy the items you like from it. Or if you do not like, you can sell bitcoin, then use cash to trade everyday. Everything is easy.

aTriz

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Quote from: AK47- on April 25, 2017, 11:10:35 AM

I sometimes use my bitcoin for doing online shopping. There are some e commerce companies that accept bitcoin. Sometimes i use it for doing mobile recharge. But I try not to spend my bitcoin. I prefer it as an investment.

That is a pretty common way to use bitcoins, many on my friends to the same thing. They just simply buy it with their own, private money mostly to get some returns out of it, but they do not hesitate to spend them for something they need to buy.

It is a wise idea to do such a thing now, the price is high so we can get goods at a nice rate, because if you have bought bitcoin in the past then now these specified products are cheaper for you thanks to that.

I do that from time to time, but I still prefer to just hold them on a rainy day.

SimmonenY

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Although I have a few shops that accept bitcoins I don't think it is wise to spend them like that, well, at least not offline. I don't want to spend my btc and pay fees when I can pay with fiat. But I do make some purchases online (recently bought a vaporizer). I prefer to store my bitcoins for the future when the price is higher.

Meycell

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Quote from: ?? on ??

Bitcoin is not used every day

why ? in few country bitcoin have been accept by payment it's mean bitcoin can use every day if you buy thing in store or minimarket

chineseprancing

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Quote from: phr0stbyt3 on April 26, 2017, 12:42:23 AM

Quote from: tango99 on April 25, 2017, 12:26:20 AM

Now I use bitcoin for investment only. I have few coins, so I do not want to use them to buy pizza or coffee. I am hard working for them. I better leave them for the future.

You could use before to buy pizza , coffee etc with bitcoin but now the transaction speed is really slow and fees has also increased. So it is best to use bitcoin for investment purpose only. And also it was created for investment purpose only , so it's better we stick to the main idea rather than doing something else

I really do not try to used my bitcoin daily because it still not possible in my country no offline store accepts bitcoin even online stores.
I am hoping that very soon i can do daily spending of bitcoin.

phr0stbyt3

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Quote from: tango99 on April 25, 2017, 12:26:20 AM

Now I use bitcoin for investment only. I have few coins, so I do not want to use them to buy pizza or coffee. I am hard working for them. I better leave them for the future.

You could use before to buy pizza , coffee etc with bitcoin but now the transaction speed is really slow and fees has also increased. So it is best to use bitcoin for investment purpose only. And also it was created for investment purpose only , so it's better we stick to the main idea rather than doing something else

ghozgila

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i'm sure someday bitcoin can make it more faster about the transaction. Actually it's the biggest issue though for using bitcoin as the payment in real life. bitcoin needs to become a useful currency that is accepted, it does not need to be accepted everywhere or used everywhere but at least it needs to become a major competitor to paypal and other online payment systems.

Reid

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Quote from: doomistake on April 25, 2017, 11:31:12 AM

Quote from: AK47- on April 25, 2017, 11:10:35 AM

I sometimes use my bitcoin for doing online shopping. There are some e commerce companies that accept bitcoin. Sometimes i use it for doing mobile recharge. But I try not to spend my bitcoin. I prefer it as an investment.

And then what? Using bitcoin in our everyday living is not really worth it, trust me, because look, if we are going to save and hold the bitcoins that we are earning per day, per week or per month, then we could have profits in the long run because of the bitcoin's price is always fluctuating, compare to if we are going to spend on our daily use, then, it would just be a waste or it is like we are throwing away the profits that we could make in the long run out of it.

As long as we could use fiat on buying things that we want or we need, there is no reason why we should use our bitcoin, unless, the things that we wanted to buy can be only bought by bitcoin, in my opinion.

We dont live the same way you do.
Some people need that bitcoin to exchange for fiat and to buy daily necessities.
Not all have the luxury to have a large amount of money that they wont need to spend the coins.
We must understand this things. Some of us here are paid in bitcoin currency and how will they pay their bills if they wont exchange it.
I wouldn't say they are lazy people who didn't find a real job but they have their own reasons. Some may just have preferred staying at home with their kids.

surzy

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using bitcoin in our daily lives does not worth to be spend in the first place. We all know that the bitcoins price is always fluctuating, lower to higher, and higher to lower, which could be your profit if you didn't spend your bitcoin. People is especially sensible with bitcoin in this matter, but in real economy all prices are continuously moving up or down according to the basic laws of economy

CuriousGeorge

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KUWA.ai

Quote from: majeed on April 25, 2017, 11:50:31 AM

Quote from: AK47- on April 25, 2017, 11:10:35 AM

I sometimes use my bitcoin for doing online shopping. There are some e commerce companies that accept bitcoin. Sometimes i use it for doing mobile recharge. But I try not to spend my bitcoin. I prefer it as an investment.

I use bitcoin to buy game. It is very convenient and I am happy that Steam has already accepted Bitcoin for many years. I hope that other gaming platform will start accepting this awesome coin

steam accepting bitcoin is a bold move yet the wisest, can't thinking more about the better result of steam acceptance toward bitcoin.

randuwani

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do not use bitcoin every day. Well, I limit the use of bitcoin maybe 2 times per week. I do so I do not use bitcoin I have with quickly, because lately, I use bitcoin quickly, so it is very easy to run out. so, I limit their use. spednding bitcoin is so hard.Here no one shopkeeper didn't know about bitcoin, So the don't accept bitcoin as a payment processor.

staff_1307

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Yes, Bitcoin can be used daily, but not everywhere, in the same Starbucks I heard that I accepted the crypt currency as payment.

kidoseagle0312

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I always used bitcoin to for sending money ot my friends,ralatives, family and my wife. Aside from that Bitcoin was very useful to me in terms of putting load into my mobile phone and sharing load to my love ones. Also I used bitcoin to invest in other altcoin in the exchange platform.

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