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Topic: Do you USE your BTC? - page 10. (Read 31021 times)

member
Activity: 359
Merit: 15
November 25, 2017, 08:14:14 PM
As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

This is the biggest problem of bitcoin but this is good for the value. but the supply keep smaller and smaller from the past years because of that hoarding they are just in the value not in the objectives of bitcoin.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
November 25, 2017, 07:34:04 PM
I use to use Bitcoin daily to buy things such as coffee and gas. However, nowadays it's pointless. The fees are crazy and I'd be paying for two cups of coffee with the fee alone, not worth it. I'd much rather use something such as ETH for purchases.

Everyone I know says the same thing and yet the price is climbing?

sr. member
Activity: 418
Merit: 253
November 24, 2017, 06:14:45 PM
I use my bitcoins in investing in altcoins or in buying tokens sometimes and if I am in need of money then I sell my coins and convert it to fiat but that is very rare as I believe in saving and investing my bitcoins to increase them in future so if I have more bitcoins then I will be making more money from it by selling when price will be on the top.
member
Activity: 179
Merit: 14
November 24, 2017, 06:08:38 PM
I use to use Bitcoin daily to buy things such as coffee and gas. However, nowadays it's pointless. The fees are crazy and I'd be paying for two cups of coffee with the fee alone, not worth it. I'd much rather use something such as ETH for purchases.
full member
Activity: 1250
Merit: 100
Education-Ecosystem
November 24, 2017, 06:00:32 PM
So far I have used BTC for buying domains, hosting and some VPS servers - digital goods. I don't even bother to search other things i can buy with BTC.
hero member
Activity: 840
Merit: 500
November 24, 2017, 05:45:37 PM
Yes I use my btc for making online payments and sometime in gambling . Using BTC is a very easy task . I am using my BTC since a long time in many online platform . Play direct dice in some websites by depositing BTC .
yes most of the people have now become enable to use bitcoin for different purposes, To me i personally can use bitcoin for online shopping only, while in our local area there is no such shop who are accepting bitcoin from their customer, but we are hopeful that in future we will become able to use bitcoin for shopping in our local shops.
member
Activity: 252
Merit: 10
November 24, 2017, 05:40:26 PM
Currently, BTC is not used to play games only. There are many sites where products bought by BTC can be online. I think its use has increased and its price increases with the rise in the last aspect.
full member
Activity: 688
Merit: 106
November 24, 2017, 04:27:33 PM
I'd spend more if I could. Unfortunately I'm in the UK which seems to have about as much BTC acceptance as Lesotho.
Actually, I always used my bitcoin and I prefer to used it in trading and investing because both of them will help me to make and gain high income. In addition to that, investing and trading in bitcoin will really help you to gain high income and it will really help you to become rich in the future.
sr. member
Activity: 420
Merit: 252
November 24, 2017, 12:55:22 PM
Besides that i'm willing to keep holding my coins for some more years, in my country we do not have many options to spend it.
In a certain way, this is good for now because prevents unnecessary expenses and the price keep rising
full member
Activity: 672
Merit: 100
November 24, 2017, 12:43:58 PM
I never use my btc would be better if btc I hold it until 2018 and boom... I will get much more profit. If altcoin I only use for  transaction and trading
newbie
Activity: 39
Merit: 0
November 24, 2017, 12:41:52 PM

Thank you for using it man. After all these years, I really think you should've kept them, you would've been a millionaire now. I hope you are indeed. Smiley

But I think if we have bitcoin we better use some to buy or pay something. Because if everyone just keeps a bitcoin then that will happen there is no turnaround money going. Just my opinion, thank you
newbie
Activity: 31
Merit: 0
November 24, 2017, 12:33:12 PM
For trading and investing the most , ya I use them all day ... also gamble some with the coins.
member
Activity: 168
Merit: 10
November 24, 2017, 12:32:31 PM
I hoard a majority of my stash much like anyone else. That being said I do consistently make a point of using Bitcoin to buy things that can actually be bought with Bitcoin - we'll never reach acceptance if no one actually uses it as a payment system. However, it is frustrating to  see that nearly all the major retailers don't accept it - choosing smaller ones seems to lead to bad customer support for me.  Undecided

Thank you for using it man. After all these years, I really think you should've kept them, you would've been a millionaire now. I hope you are indeed. Smiley
full member
Activity: 304
Merit: 100
November 24, 2017, 12:30:56 PM
I don't think many people here use BTC for more than investment or doing altcoin trading. Bitcoin is continuously increasing. What can be a better investment than it? Hardly anyone be using it in day to day transaction. Also, there aren't many platform available for using Bitcoin in transaction.
newbie
Activity: 29
Merit: 0
November 24, 2017, 12:24:46 PM
i use btc in trades to buy altcoins.
member
Activity: 145
Merit: 14
November 24, 2017, 12:20:45 PM
I stored some bitcoin and employ some bitcoin to invest some tasks.
I use my bitcoin in the time when i need it the most. I am only using what i only need because the price of bitcoin is still fluctuating and sometimes the bitcoin i used is easy to get back. For example, i used my bitcoin when the price is still low and that means i have less value of bitcoin. But when the price starts to go up, the value of my bitcoin also starts to go up and with these fluctuation I can convert it into cash and i can gain profit from these. I can also decide whether if i want to invest my bitcoins.
member
Activity: 126
Merit: 10
Patience and knowledge are gold.
November 24, 2017, 12:14:18 PM
Well i dont see any reason to use the bitcoin exept if its gonna sky rocket its price.
full member
Activity: 602
Merit: 104
November 24, 2017, 12:13:00 PM
I used my btc only once, when I paid for courses on trade in crypto currency.
sometimes I changed a little profit to fiat and  buy food)
sr. member
Activity: 1190
Merit: 253
November 23, 2017, 06:35:05 PM
I do use my BTC but I am saving 15% of it for future use.  I rely on my earnings in crypto to support my family and I am really thankful that crypto environment provide me this kind of opportunity.  I use bitcoin by simply exchanging it or selling it on the third party processor and withdraw fiat money to buy my needs.
newbie
Activity: 11
Merit: 0
November 23, 2017, 05:46:10 PM
I try to purchase when prices are reduced and hodl long term. Hopefully prices will be much higher later on but I know that it is dangerous and there is no assure.
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