bitcoin is a digital currency, of course you don't need to worry and worry about making payment methods using bitcoin, because the most important thing is that there are people who want to accept payments using bitcoin.
even in my opinion if you make buying and selling transactions using bitcoin as a means of payment, in my opinion it is a good step, namely so that more and more people want to adopt bitcoin.
but the decision is yours, so I think enjoy your life don't think too much about it.
but there are indeed many of us who use BTC only as an investment asset, not for a payment method. so the decision is in the hands of each.
but if the government in your country prohibits payment systems using bitcoin, it's better to follow government regulations to make it safer.
Topic: Do you feel bad while paying with BTC? - page 10. (Read 1735 times)
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
First of all, Bitcoin national Pizza Day is celebrated around the world on May 22. And the person who bought the pizza with Bitcoin is Laszlo Hanyecz. But you said the guy spent 30+ bitcoins to buy pizza but I know Laszlo Hanyecz bought pizza with 10000 bitcoins. Back then 10000 bitcoins were worth only $41 dollars. But he may not have known that the price of Bitcoin would rise so much. If he had envisioned the future of Bitcoin, the man would not have bought pizza with Bitcoin.What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
If I am interested in buying a product with virtual currency, I will definitely buy it with Stubblecoin. Because we all know that the price of Bitcoin will go higher at some point. But Laszlo Hanyecz may not have imagined that the value of Bitcoin would rise so much at one time, otherwise he would not have bought pizza with Bitcoin. But I will never try to buy goods with my Bitcoin because I will try to hold it for a long time. My guess is that if I buy products with bitcoins, if the value of bitcoins increases later, I won't have any money to invest in bitcoins later. So I will always try to hold on to bitcoins and if I want to purchase any product Virtual I will definitely buy it with stablecoins.
the uncomfortable feeling of making payments using btc, I think it's a natural thing because it's rare for people to do this, but if one day many people have done this, surely you won't feel worried about using bitcoin as a means of payment.
In my opinion, the most important thing from investing in bitcoin is to benefit from investing in bitcoin.
the problem of payment methods using btc is a recent affair, the most important thing is to get benefits from investing in bitcoin.
In my opinion, the most important thing from investing in bitcoin is to benefit from investing in bitcoin.
the problem of payment methods using btc is a recent affair, the most important thing is to get benefits from investing in bitcoin.
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this
I don’t know how sure are you that bitcoin price will not move the same way it moves in previous years? To be honest with you, am still expecting bitcoin to perform well more than the previous years because bitcoin adoption increasing daily, more people are getting to know about bitcoin and they are investing in bitcoin, because bitcoin price is down now those not mean bitcoin won’t pump again, let’s just wait for bull run to start and see, I can’t even image what bitcoin price will be in the next 10 years, but we should all spend our bitcoin whenever we know we can spend it, that will still help in bitcoin adoption and enlightenment. 
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
How much more if there would be some network congestion? For sure you would definitely be that amazed on how high transaction would be on Bitcoin.This is the main problem i doonly see on Bitcoin which into its scability issue and this is why we do have other solution which is to make use of altcoins or simply with USDT. Speaking about paying with Bitcoin
then just like yours on which i dont tend to make use of it but rather saving it up because we know the potential price increase that it could give out
on near future. We arent blind not to see its potential and of course we are saving up for long term.
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.
This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes. 
The current issue with BTC is high transaction fees, so I rarely use BTC for payments, I usually use LTC or USDT with very low fees below 1$.
I understand your feeling and it's good since you might be careful, sensitive and know the value of Bitcoin as an asset. Well, this shouldn't still stop you from spending your coin as it's not only about investment. Just be sure that you have a sizable amount still left in your wallet for the investment, you should not deprive yourself of good things in life because of it.
That said, you need to be patient and speculative, this is by knowing when Bitcoin is on the beraish trend. Spending it at that time will never be an issue, you can as well replenish back your coin when it's becoming bullish again.
Let’s not forget that bitcoin is design to be a currency, and not just a sole investment. But because hodling bitcoin is still risky and requires more our patience and determination, maybe spending it could mean a little bad on ourselves but if we only spend those bitcoin for the realization of our dreams, I guess there’s nothing to regret on spending our bitcoin. We just have to wait for another perfect market entry and just buy back again and hold. At least, we never spend at a loss, but certainly on our utmost benefits. That said, you need to be patient and speculative, this is by knowing when Bitcoin is on the beraish trend. Spending it at that time will never be an issue, you can as well replenish back your coin when it's becoming bullish again.
True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this
It can still grow 10x from here so I can understand people who feel bad spending bitcoin. There's nothing similar in fiat. Fiat money will lose value over time so if you spend your $ to buy a house and it doesn't burn down or get flooded, in 10 years you'll hold the same or greater value. If you spend bitcoin on that house you will hold much smaller value in 10 years as this will take 2 halvings. It's fairly impossible for bitcoin to be worth what it is today after two 4 year cycles.
I usually spend on essentials so I can always say that I really needed to buy this or that thing. My conscience is clear.
Things are completely different now because Bitcoin have very large market cap comparable to the past when the guy bought pizza for Bitcoin, you can be sure that this will not happen again for you because Bitcoin price will not move the same way it moved from 2009 to now, so you must be comfortable while paying in btc in my opinion, nothing wrong with this
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Even myself, I always have this feeling that if I spend my btc at the moment, I will never get the chance to be more profitable in the future knowing that bitcoin price will certainly grow in time. But if the situation needs my btc so badly, of course I will never hesitate to sell and spend it. But as much as I can, I always spend my fiat first and maybe if the amount is not sufficient, then that’s the time to spend a little amount of my btc as well. Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
The case experienced by the man who bought pizza with Bitcoin was because he did not fully know if Bitcoin would have the high value it has today.
Of course I or even all of us will feel bad if we pay for something that is not very important with Bitcoin at this time, because we are aware and know what the potential of Bitcoin is like.
It's natural that we will feel bad because we really appreciate our efforts behind the Bitcoin that we have, we are really struggling to get Bitcoin by doing various ways.
But if we spend our Bitcoins to buy something that is useful for us why feel bad, one day we will definitely enjoy the results of selling our Bitcoins, right? It is impossible to keep our Bitcoin forever and not sell our Bitcoin.
-snip-
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
For me, as long as I still have stablecoins or fiat currency, I will not plan to spend bitcoins because if the bitcoin price goes up, of course we will regret spending bitcoins, let alone spend it when the price is down, currently the bitcoin price is at the level of $ 27,124k , so if for example you want to make a payment of $ 100 using bitcoin then we will spend BTC0.0037 imagine when the price of bitcoin rises x2 means we have missed the opportunity to get $ 100 also from the total amount of bitcoin we spend.What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
You are selling your BTC in order to obtain stablecoin, right? So if you are paying with BTC, what't the different?
If you are holding for a long time and faced a bear market as we are facing now, then I think you have the right to feel bad for it. Although, if you are in need of money and you can't obtain it without converting your BTC or paying with it, then I guess there's not much to say about it. All I can say is, DCA after you used your BTC. Try to regain your former amount by trading or investing at DIP.
Another thing is that, you need to keep one portion of your holdings separately just for payments. Think of it like fiat money. If you hold fiat money, it doesn't increase in value. Or, as you said already in the OP, keep them converted into stablecoins.
-snip-
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
For me, as long as I still have stablecoins or fiat currency, I will not plan to spend bitcoins because if the bitcoin price goes up, of course we will regret spending bitcoins, let alone spend it when the price is down, currently the bitcoin price is at the level of $ 27,124k , so if for example you want to make a payment of $ 100 using bitcoin then we will spend BTC0.0037 imagine when the price of bitcoin rises x2 means we have missed the opportunity to get $ 100 also from the total amount of bitcoin we spend. What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Since 2015 Or 2016 Actually I Have Many More Bitcoin But At The Time I Don,t Understanding About Bitcoin Properly When 1 Bitcoin $750 And Maximum 1 BITCOIN $800 Than I Din,t Know How It’s Working In Future Bitcoin But Today Upsetting Like Not Hold And Crying Now Like This Than Felling Veey Bad For Paying With BTC.
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!
But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Bitcoin was designed to be "digital cash", not "digital Gold" or a "store of value". After all, the whitepaper reads "Peer to Peer Electronic Cash". It's just that most people view Bitcoin as an investment tool to get rich, instead of using it as real money to pay for goods and services. Market volatility would be a reason of concern to people who rely on Bitcoin as a store of value. If you don't care about Fiat, and only "stick" to Bitcoin, then you will understand that 1 BTC = 1 BTC no matter what. Otherwise, stablecoins and Fiat would be your only choice.
No one knows how much BTC will be worth in the future because of its unpredictable nature. As long as it does the job it's supposed to, nothing else matters. Just my thoughts
Paying with bitcoin is not bad, you only need to be calculative on the kind of products you're paying for that may or may not required huge units of bitcoins. Personally I can if what am buying is small so that I won't feel regrets when the price finally goes up.
But so people may decides not to use bitcoins to buy anything because they feels that's more of their future investment and it will look like transferring your future to someone else. Is some worth personal
But so people may decides not to use bitcoins to buy anything because they feels that's more of their future investment and it will look like transferring your future to someone else. Is some worth personal
I think if there are circumstances that require you to pay using bitcoins, I think that's fine. And what we have to realize besides bitcoin being a good investment, bitcoin can also be an alternative payment if we really have to use it for some reason.
and I have also used bitcoin as a means of payment, for some reason and indeed at that time I had to pay using bitcoin and I was happy, because it was the first time doing it.
and I have also used bitcoin as a means of payment, for some reason and indeed at that time I had to pay using bitcoin and I was happy, because it was the first time doing it.
It was really an enjoyable experience, and we should be happy instead of feeling bad. But I will feel bad if I use too much bitcoin for unnecessary payments because accumulating bitcoins every day is difficult when the price increases. I still prefer accumulating bitcoins rather than spending more, and I agree with OP, we will regret it when bitcoins are worth many times more than they are now.
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