Pages:
Author

Topic: Daily use of bitcoin? - page 33. (Read 42463 times)

legendary
Activity: 3038
Merit: 1169
February 06, 2017, 08:06:49 AM



Because bitcoin is not a main currency that other countries are use to see everyday and main stream media doesn't give a damn about bitcoin there are no advertisement about it, maybe in the U.S. and in the world of online media there are a slight reports about bitcoin but there are still a gap in people taking a huge grip about it,

You don't see the dollar promoted on TV or other media right ?


Maybe I have said advertising but the main goal of my post is reports or news on the bitcoin world in the inside or what is happening with bitcoin in my country there are no news regarding about the bitcoin right now, in certain aspect like different currencies and other commodities like oil or gold there are slight reports on what is the status of this kind of things but not in bitcoin.
legendary
Activity: 1092
Merit: 1000
February 06, 2017, 07:25:23 AM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
in fact most of the people cannot use bitcoin in their daily life. because in most of the area bitcoin shops are not available and therefore most of the people first change their bitcoin into fiat and the use the income of bitcoin. although in some places the facilities of bitcoin shops are available.
Even in these places it is probably already possible to use Bitcoin to make payments, as there is the possibility of using Bitcoin debit cards. If you do some research, you will realize that there are many companies offering the service for those who want to have a card, but all of them have high fees, and that's one reason I'm not yet using it.
Yes, i heard this facility. In Singapore this card is available, we can withdraw direct cash through this debit card. But the transaction charges is very high. Instead of using this Debit card you can use another way to convert BTC to fiat, it will save some money. Taking money from a debit card is safe you no need to give any bank details to deposit your money, but the thing is extra charges is very high. Otherwise, it is good to convert BTC to local currency.
legendary
Activity: 854
Merit: 1000
February 06, 2017, 07:24:19 AM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
I used to spend whatever bitcoin I would earn but now I have stopped myself from spending and now I have started saving bitcoin.
I believe bitcoin price will now increase rapidly and spending them would be foolish.
Although I am still open to investing in any good business opportunity.
hero member
Activity: 1428
Merit: 506
February 06, 2017, 07:14:08 AM
Bitcoin use in my daily life were I spent it on gambling site, investment site and especially on trading site. It really helps a lot to me as a bitcoin users. This is really helpful as bitcoin gives me source of income, and enterntainment also.
sr. member
Activity: 454
Merit: 250
February 06, 2017, 06:50:00 AM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
in fact most of the people cannot use bitcoin in their daily life. because in most of the area bitcoin shops are not available and therefore most of the people first change their bitcoin into fiat and the use the income of bitcoin. although in some places the facilities of bitcoin shops are available.
Even in these places it is probably already possible to use Bitcoin to make payments, as there is the possibility of using Bitcoin debit cards. If you do some research, you will realize that there are many companies offering the service for those who want to have a card, but all of them have high fees, and that's one reason I'm not yet using it.
hero member
Activity: 994
Merit: 544
February 06, 2017, 06:47:59 AM
These days daily use of bitcoin is found much on gambling and for recharges online. Majority of the circulation right now happening in the daily basis is on gambling. Can further experience big usage of bitcoin by the years to come on daily basis as lots and lots of merchants have started to accept bitcoin into their businesses.
Usually it's not gambling sites but rather on exchangers and trading sites. If you compare the input and output of bitcoin in gambling sites and exchangers there is a huge gap. But for sure time will come that we will be able to purchase things on different stores in the future.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
February 06, 2017, 06:43:23 AM
These days daily use of bitcoin is found much on gambling and for recharges online. Majority of the circulation right now happening in the daily basis is on gambling. Can further experience big usage of bitcoin by the years to come on daily basis as lots and lots of merchants have started to accept bitcoin into their businesses.
member
Activity: 93
Merit: 10
February 06, 2017, 06:16:12 AM
Bitcoin debit card providers avoid this problem when their cards are swiped because of how the currency is converted... I don't doubt there's a problem without one, but once you start to learn what services can remove this problem your line visit would turn fast.

Try getting a better wallet if the time to obtain a purchase is too long. Usually physical stores take up to 5 minutes to transfer if at a reputable store with transaction volume.

In fact, it would have been nice if something like a bank card was removed for bitcoin. When paying I would like to be able to make payments just like shopping with a credit card.
There are no bitcoin support in the banks yet. But if the banks are doing something like this for bitcoin, I might consider using it.
hero member
Activity: 952
Merit: 515
February 06, 2017, 01:43:59 AM
For daily bitcoin use, more businesses need to accept bitcoin. I do not think there's enough advertising for it.
For this, more products related to bitcoin need to be developed. People need to gain experience about bitcoin as both knowledge and habit.
So far, we have less advertisement with bitcoin that is why few people were involve here versus to the total population using internet.
But, because of gambling site they use bitcoin as one of their medium of exchange/payment with that bitcoin has been popular in gambling, but so far not we do have online merchant that does accepts bitcoin, also restaurant, and some real estate industry.
hero member
Activity: 588
Merit: 500
February 06, 2017, 01:36:22 AM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
in fact most of the people cannot use bitcoin in their daily life. because in most of the area bitcoin shops are not available and therefore most of the people first change their bitcoin into fiat and the use the income of bitcoin. although in some places the facilities of bitcoin shops are available.
but i think as soon as the number of bitcoin users is increasing bitcoin is becoming more and more popular, and more and more people are getting benefit from bitcoin. i think in such areas where the users of bitcoin are comparatively more there people have more opportunities to use bitcoin even in their local shops.
full member
Activity: 140
Merit: 100
February 05, 2017, 07:35:17 PM
For daily bitcoin use, more businesses need to accept bitcoin. I do not think there's enough advertising for it.
For this, more products related to bitcoin need to be developed. People need to gain experience about bitcoin as both knowledge and habit.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
February 05, 2017, 05:00:09 PM
Bitcoin debit card providers avoid this problem when their cards are swiped because of how the currency is converted... I don't doubt there's a problem without one, but once you start to learn what services can remove this problem your line visit would turn fast.

Try getting a better wallet if the time to obtain a purchase is too long. Usually physical stores take up to 5 minutes to transfer if at a reputable store with transaction volume.
legendary
Activity: 1218
Merit: 1007
February 05, 2017, 04:23:07 PM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
in fact most of the people cannot use bitcoin in their daily life. because in most of the area bitcoin shops are not available and therefore most of the people first change their bitcoin into fiat and the use the income of bitcoin. although in some places the facilities of bitcoin shops are available.
A lot of this comes down to the global span of Bitcoin and its lack of containment in any single area. If this same sized community existed however it was much more localized, then you could expect to see more shops using it. Since a lot of the community is spread out around the globe, it becomes a lot more difficult to identify hotspots for Bitcoin and make it worth the time to use it.
sr. member
Activity: 378
Merit: 250
February 05, 2017, 04:07:39 PM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
in fact most of the people cannot use bitcoin in their daily life. because in most of the area bitcoin shops are not available and therefore most of the people first change their bitcoin into fiat and the use the income of bitcoin. although in some places the facilities of bitcoin shops are available.
hero member
Activity: 924
Merit: 1001
February 05, 2017, 04:03:59 PM
I use btc for some betting / internet games, or load a credit card for real world expense... like supermarket, pay a bill and so on
normally I don't exchange more than 0,05 each month (just for small expense with a secondary credit card)
hero member
Activity: 1694
Merit: 541
February 05, 2017, 04:00:22 PM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
If you are into mining you can mine coins and convert it into your local currency and then you can use it for your daily needs,it is a real life possibility  Cheesy aside from jokes bitcoin being a new form of currency it will take time for the people to adapt to be used in your daily life.
hero member
Activity: 729
Merit: 500
February 05, 2017, 02:51:57 PM
I dont use my bitcoins at my real life, usually the bitcoins i do have i do invest into altcoins, bitcoin has several ways to be used and spent online, using it on daily basic nowadays isnt something we could do directly, make payments does have a big delay to confirmation, but in the future something can change.
hero member
Activity: 798
Merit: 501
February 05, 2017, 02:31:21 PM
I am using bitcoin every day and the result of my daily use of bitcoin is profits from my way of earning bitcoin using bitcoins. Im using my bitcoins mostly on trading and gambling to earn more bitcoins as the time goes. In withdrawing my bitcoins and converting it into local currency is mostly I do it every week to have cash to spend in my daily life.

Can you meet your daily basic needs with bitcoin? Market shopping, clothing needs etc.

No, I can't meet daily basic needs with bitcoin.In my country, no one shopping center accept bitcoin as a payment processor.Even, they don't know about bitcoin.Here only young generation knows only about bitcoin. Bitcoin meets me some necessary tools that I need much time, like VPS, VPS,Domain, Hosting etc.With the purposes of bitcoin, I can easily buy them.
yes most of the people are facing the same problem as most of the people do not have the facilities but still people are using the income that come from bitcoin by converting it in fiat first and then use it for completing their daily needs. i also have the same strategy i convert the income of bitcoin in to fiat first and then use it for my daily needs.
legendary
Activity: 1386
Merit: 1000
February 05, 2017, 12:19:29 PM
No, why you should wait? I can imagine that they only wait,
until they see the bitcoins in the wallet and dont wait all confirmations.

Because it would make no sense to wait for something that is already there,
when they see the bitcoins than you cant return it anymore.
full member
Activity: 121
Merit: 100
February 05, 2017, 08:16:37 AM
We can comfortably use bitcoin in our everyday shopping. When we enter the appropriate fee values, our transactions will be confirmed quickly.
Using bitcoin for fast consumer products may not be practical. But we can fix this by changing our payment habits.

For example, a minimum of 10 minutes is required for payment approval. We can make payments before we buy the product. Payment systems can be changed for this to happen.
Pages:
Jump to: