I spend my bitcoins herein this forum @ digital good section and auction section.
I buy things from there.
I enjoy spending my bitcoins which I earned by my hard work & effort.
Topic: Do you actively spend your bitcoins? - page 7. (Read 257617 times)
Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.
But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.
This is not the only reason not to spend Bitcoin. Some cherish it because of the fact that its price increases
Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.
But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.
This is not the only reason not to spend Bitcoin. Some cherish it because of the fact that its price increases
Recent events made me use more of my bitcoin. People are starting to ask if they can pay up through bitcoin with their online orders. They want to use my bitcoin as a means of paying even if I say I might charge them a little. They say it would be better than the percentage that they will pay when they use their credit cards. But the problem is the lack of payment options in online stores.
Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.
But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.
Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.
I won't be using bitcoin much. Only I use bitcoin when some one asks me for money. I used to transfer it for them.
Recent days had a plan to go online for a purchase and finally dropped it due to the reduced price.
Recent days had a plan to go online for a purchase and finally dropped it due to the reduced price.
I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..
Indeed but here if I want to spend it it will be difficult to do so since there are litterly no shops accepting it where I live.
Perhaps in the country but not in the same area here, if I'd spend them I'd spend the online cause offline is too much effort to find a shop.
That's true spending them offline is not possible at a moment as there are hardly any shop that accepts bitcoin as a mode of payment but I think we should start using bitcoin debit card, that will make things lot easier.
I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..
Indeed but here if I want to spend it it will be difficult to do so since there are litterly no shops accepting it where I live.
Perhaps in the country but not in the same area here, if I'd spend them I'd spend the online cause offline is too much effort to find a shop.
Nope. I rarely use my bitcoin both on the internet and in physical world. My local area does not know much about bitcoin or its advantages. On the other hand, most of online people are scammers so i do not want to lose my money in the most stupid way
You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...
Locally you can use it if you know a local exchange there in your place... Investing online is good but it needs to be slowly but surely.
Well that is true, if you are going to actively spend your bitcoins for being an investor. Then choose the trusted type of investments.
And I can say that trading is going to be the one that will able you earn better income if you are going to be a good trader.
But you must have proper knowledge before you are going to start with it.
Nope. I rarely use my bitcoin both on the internet and in physical world. My local area does not know much about bitcoin or its advantages. On the other hand, most of online people are scammers so i do not want to lose my money in the most stupid way
You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...
Locally you can use it if you know a local exchange there in your place... Investing online is good but it needs to be slowly but surely.
Nope. I rarely use my bitcoin both on the internet and in physical world. My local area does not know much about bitcoin or its advantages. On the other hand, most of online people are scammers so i do not want to lose my money in the most stupid way
You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...
Locally you can use it if you know a local exchange there in your place... 
Main problem with bitcoin spending now is spending within its own economy, person to person transfers for goods is the most valuable trade to raise bitcoin worth over time. Value flows into bitcoin that way. I think thats because of monetary velocity, most often I find my bitcoins are being converted back to fiat to pay the bills for whatever goods I buy. I might do that myself manually, only occasionally I might buy small software products in bitcoin but Im not sure if that company uses the bitcoin or just also puts it back into fiat currency.
I never just store bitcoins forever, I know people think thats going to do something but use of bitcoin has to be real. It can stagnant to zero if everyone just held. Im not rich so I dont have hundreds kept back, I keep it for a while to save up then its used and I imagine most of the world is like that.
I never just store bitcoins forever, I know people think thats going to do something but use of bitcoin has to be real. It can stagnant to zero if everyone just held. Im not rich so I dont have hundreds kept back, I keep it for a while to save up then its used and I imagine most of the world is like that.
Nope. I rarely use my bitcoin both on the internet and in physical world. My local area does not know much about bitcoin or its advantages. On the other hand, most of online people are scammers so i do not want to lose my money in the most stupid way
My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive
Yeah there is a huge number of people are using bitcoin as investment and hold their bitcoin for high price and never spend their bitcoin because they just buy bitcoin with low price and then sell it with high price and i think this way is not risky for anyone because bitcoin is very stronger and safest investment.Bitcoin is not safest investment at all, it can go down at anytime in future and there is no guarantee of making profits from it and its never smart to put all your money in bitcoins.
My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive
Yeah there is a huge number of people are using bitcoin as investment and hold their bitcoin for high price and never spend their bitcoin because they just buy bitcoin with low price and then sell it with high price and i think this way is not risky for anyone because bitcoin is very stronger and safest investment. 
My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive
I just mainly spend bitcoin on stuff I need to do for m,y projects online and I also invest to create and generate more but haven't as yet bought or treated myself to any tangible object or service for my own personal enjoyment or use, but one day would like to experience that.
I really want to experience it being used in a physical store. I have done many online transactions but never in a retail store not even in a supermarket. They might want to open that option for a larger range of income.
I spend my bitcoins but not actively. I often use it here in real life by converting it to fiat. I really like collecting bitcoins so I'm refraining my self from using it unless it's really important.
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