In my opinion, this is a natural thing, because basically you might think that bitcoin is an investment asset that gives benefits if you hold it longer compared to stable coins because it is considered the same as fiat, the same feeling when I use gold as a tool the exchange feels weird and makes me not want to trade it the same as with bitcoin. But fundamentally utility is still utility because satoshi created it to replace manipulative fiat currency.
That is your right to make a decision, but still bitcoin is still in the adoption stage and not many have accepted bitcoin as a means of payment, so maybe you also have to convert your bitcoins to fiat money.
Topic: Do you feel bad while paying with BTC? - page 14. (Read 1735 times)
Paying with BTC is very bad now. Currently I am involved with this forum. I am managing my family life with what I earn from here. It's only bad when you have to sell it after receiving the weekly payment to pay for the family. Also I have some BTC invested. But I applied for a job there need some money now I have no choice but to sell this BTC. I am in a position where I cannot sell bitcoins. Can't afford to pay for that job again. But I know Bitcoin will be pumping a lot soon but I don't have time to wait that long. Maybe I'll be forced to sell my bitcoins and take that job.
I haven't make any payment in bitcoin yet maybe that's why I don't really know how it feels to pay with bitcoin, but I don't really think it's a bad idea making payments with bitcoin, if everyone is buying and holding bitcoin alone, then it's not really serving its purpose. How I wish bitcoin is accepted in stores or other places in my country, then I will even prefer making payments with bitcoin sometimes, am not saying we shouldn't hold bitcoin, but I don't really see anything bad if you make transactions with bitcoin.
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.
This should be kept in mind by people who do not accept Bitcoin as a payment. We don't really understand why they don't accept Bitcoin as payment, maybe because they don't know how to use it or maybe they are afraid that the value might decrease. I just want to convince people who are planning or doubting to accept Bitcoin as payment that it is very impossible for the price of Bitcoin to drop. The more people accept Bitcoin as payment for their goods, the more Bitcoin will become known. If Bitcoin is more popular, people will be interested to know about it, and if they understand how good it is to use Bitcoin, they may accept payment using Bitcoin. Now, the marketcap of Bitcoin is around $500 billion, which is still very small. Imagine, the ''daily'' trading volume of forex is $6.6 trillion, if they gradually move to crypto, it will surely reach $100k Bitcoin price.
Paying with BTC isn't a bad thing, it's a joy. I would be very happy if we had this system in our country. I always look forward to being able to pay with BTC.Some banks accept btc for payment and this is great for practical demonstration of how convenient BTC is. Since BTC has no fixed value, what's the problem with spending it whenever it's worth it?I think when he bought the pizza with 30 btc maybe the value of bitcoin was too low. But is there any guarantee that bitcoin price will exceed expectations in the future or how will he know that spending 30 btc to buy a pizza is pointless.
But Bitcoin was really made for transaction purposes, which is why we should do it,
It was intended for such things - as payment. But some people don't have it in their mind yet as they just consider this as a sort of investment. That is why I understand what OP had to feel, the same feeling I have before, especially if we think to about the last bull season and its peak price. Quote
but I have the same feeling that it is because we now treat it as an investment and we are looking for big profits as the years go by, so if we keep spending it then our possible profit will be lessened. It is like in our piggy banks, we save, but every time we want to buy something, we get money from our piggy bank, so by the end of the month, if we open it, you only get small savings. What's best is having a separate wallet on it, like one for spending and another for investments, so you can't touch your investments.
If we can't do it, then make use of fiat instead. But we should also have to practice ourselves to use this, I think starting with a small amount is not hard.Because as long as we never try to do it, the more we fail to push ourselves to do it and the past will always remind us.
Yep, every time I think that I need to spend bitcoin, I feel bad. But we should understand that bitcoin is a means of payment and it's fine to spend it if you really need it.
I think it will be easier to realize when more countries adopt bitcoin. For now, I'll just continue to stack my sats lol
I think it will be easier to realize when more countries adopt bitcoin. For now, I'll just continue to stack my sats lol
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.
You are a very sensitive person towards Bitcoin so you feel very affection for Bitcoin when you want to spend something with it. But what you need to know here is that the adoption of Bitcoin is currently starting to go very well in several countries so that Bitcoin can already be used to pay for any product that is there and that is regardless of your affection for Bitcoin.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.
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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.
My opinion about this is good, because with the legality of Bitcoin to pay for other products that we need, of course other coins such as stablecoins can also be used for the same thing so that everyone has more options for payments via crypto and also through bank credit cards which is also included in the option with the old method. And if you don't want to trade your Bitcoins for other products, you can use stablecoins like you said and you can use fiat as usual if you don't want to sacrifice more Bitcoins for some products.
But Bitcoin was really made for transaction purposes, which is why we should do it, but I have the same feeling that it is because we now treat it as an investment and we are looking for big profits as the years go by, so if we keep spending it then our possible profit will be lessened. It is like in our piggy banks, we save, but every time we want to buy something, we get money from our piggy bank, so by the end of the month, if we open it, you only get small savings. What's best is having a separate wallet on it, like one for spending and another for investments, so you can't touch your investments.
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For now, I feel that keeping BTC will be better for me than spending it because I want to make more profit. I do want to spend my bitcoins but the desire to store more Bitcoins keeps me from using bitcoins as a means of payment.
Maybe buying using stablecoins is the solution but I still prefer to hold bitcoins than use them as a means of payment. Maybe one day, I will do it and use bitcoin as a means of payment.
Maybe buying using stablecoins is the solution but I still prefer to hold bitcoins than use them as a means of payment. Maybe one day, I will do it and use bitcoin as a means of payment.
I feel you. That is also how I feel or felt every time I spend my Bitcoin. After all, we are all trying to stack as many Sats as possible. I probably won't mind if the price is somewhere near the ATH, but if the price is 60 percent down from the ATH like today, spending Bitcoin feels like it is such a waste. This is also true whenever I gamble using Bitcoin or whenever I'm forced to convert some for something urgent. The truth is that I am almost certain $100,000 will come soon, so instead of spending I'm more inclined to accumulate.
Just my personal opinion, because I feel quite conflicted in the use of why we have to go around and be different, simply paying for the benefit of the parties is okay.
I'm also happy to see BTC being adopted a lot, but I find that as its value increases day by day in our lives, owning btc is like holding a gold bar to buy coffee, yes it's perfect It's all doable, but inconvenient.
I'm also happy to see BTC being adopted a lot, but I find that as its value increases day by day in our lives, owning btc is like holding a gold bar to buy coffee, yes it's perfect It's all doable, but inconvenient.
This fear includes all people who trade in assets, they always believe that their asset will increase in value and therefore it is better to wait, but this thing is not accurate as the price can increase or decrease.
To break this barrier, start trading, then you will know that the value lies in waiting for a long time, but during the short term you can make profits by buying and selling, for example, selling Bitcoin at a price of 60K and buying at a price of 17K.
Without that, you will not enjoy the money and you will sell it in a fit of panic or when you need that money in an emergency.
To break this barrier, start trading, then you will know that the value lies in waiting for a long time, but during the short term you can make profits by buying and selling, for example, selling Bitcoin at a price of 60K and buying at a price of 17K.
Without that, you will not enjoy the money and you will sell it in a fit of panic or when you need that money in an emergency.
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.
yeah, why spend $1 worth of BTC now when it "could" be worth $10 tomorrow, the perfect example of the mindset that shows us all those statistics about usage are overly exaggerated. Let's all stop using bitcoin as we don't want to be that guy and hope some magical fairy will increase 10x times the price of an asset with no usage.
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I usually try to buy with stablecoins if I have some, it just feels more natural for me.
And what stops you from buying each month a few bitcoins each just as you buy stable coins and use that to pay for goods? You will spend that anyhow since you need food or do you regret every day you have to spend money on food, clothes, and health instead of investing? You're on a slippery slope there!
It's really pretty simple, either way, you have to spend $x of value at the end of the day, why does it matter if it was in fiat stable coins or bitcoins?
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.
You feel as if you are wasting something you would have invested. That's the feeling of a true investor mate. If you have other means of paying for your goods, why paying with Bitcoin? The best decision is to have two wallets. One should be used for hodling your coins while you can use the other for paying for your purchases. But sometimes there is this sense of pride when you pay with bitcoin, the feeling of freedom and independence from bank and government controls. They market is not bad for people that bought when the price was at its lowest last year.
That feeling will be born if you spend something with Bitcoin considering how someone is trying to get Bitcoin and I feel it.
But lucky for people who live in areas that still prioritize fiat in every transaction activity so that Bitcoin can be stored.
On the other hand, transactions in shopping by paying Bitcoin can be one way for us to see the wide spread of Bitcoin as a currency.
But lucky for people who live in areas that still prioritize fiat in every transaction activity so that Bitcoin can be stored.
On the other hand, transactions in shopping by paying Bitcoin can be one way for us to see the wide spread of Bitcoin as a currency.
Yeah, I don't like using exchanges, hence I am forced to keep my coins and look for other means to make payments since Bitcoin payment is not very popular in my country. Like you said it is the use of Bitcoin as a legal tender that will promote the currency thereby leading to widespread adoption.
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.
That feeling will be born if you spend something with Bitcoin considering how someone is trying to get Bitcoin and I feel it.But lucky for people who live in areas that still prioritize fiat in every transaction activity so that Bitcoin can be stored.
On the other hand, transactions in shopping by paying Bitcoin can be one way for us to see the wide spread of Bitcoin as a currency.
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.
If everyone thought like you then bitcoin would have never become popular at all, but that is OK as everyone has their own way of thinking about things.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.
However if you want to not feel bad about spending your bitcoin then what if the next time that you have to pay with bitcoin you do so, but that same day or the day after you buy again that same amount of bitcoin with fiat? This way you will use bitcoin for its intended purpose while at the same time you will not miss the upcoming upward movement while you have less bitcoin than when you made that purchase.
if you are not comfortable spending the bitcoins you have, then feel free to use stable coins or even Fiat. however, you must have the principle that bitcoin is an investment that you keep. So, you don't have to use it, and keep adding to it if you have extra cash. The simple thing is if you are not comfortable, then use an alternative that you are comfortable using.
Anyway, I just heard a story about a guy who exchanged the 30+ bitcoins he had for a pizza, or do you mean Laszlo Hanyecz spent 10k bitcoins for 2 pizzas.
Anyway, I just heard a story about a guy who exchanged the 30+ bitcoins he had for a pizza, or do you mean Laszlo Hanyecz spent 10k bitcoins for 2 pizzas.
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.
I can only say:
Please pay with Bitcoin!
Bitcoin is a currency, and if it is not used it will die. Easy as that.
If you buy a pizza with Bitcoin and are afraid that you will regret it, the buy the equal amount of BTC again after you spend BTC for the pizza. This will involve a small fee but it will help Bitcoin a lot.
It feels like you paying more for the product from a future perspective.
Yes, I can understand your feelings. But actually that's wrong. If nobody used bitcoin, he wouldn't have this price either. Only because he was used has led to the success of bitcoin. If nobody used bitcoin, he would fall into insignificance. Therefore, you should not regret it if you use it to pay. Sure, you have a better feeling when you pay something and the price goes down instead of going up, because you could buy something "cheap", but we shouldn't have such thoughts. One should use bitcoin and not regret it. But as already written, I can understand you. 
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