du you spend coins on real life. - page 104.

Shibashi Dogemoto

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Quote from: RobinHoodster on May 10, 2016, 11:30:18 AM

No it is not because I do not want to spend any coins in real life but because I just cannot spend bitcoins where I am from the stores here just do not except them.
It would be better if you are spending it later when it will be more worth.

That is a problem that we cannot spend it directly at a moment, but if you think that price is higher then you can convert it to fiat currency and then spend.

RobinHoodster

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No it is not because I do not want to spend any coins in real life but because I just cannot spend bitcoins where I am from the stores here just do not except them.
It would be better if you are spending it later when it will be more worth.

adelhmdt

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Nope, but spend them online sometimes once every now and then.

dezoel

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Quote from: AlexBits on May 10, 2016, 10:01:27 AM

How could i spent coins on real life. In my country there is not just a store where i can walk in side
and just buy something with a coin. Only online it's possible for me to buy things with the coin.

You can convert it anytime to your local currency and then can spend very easily, as to spend it directly in physical shop will take a long time.

AlexBits

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How could i spent coins on real life. In my country there is not just a store where i can walk in side
and just buy something with a coin. Only online it's possible for me to buy things with the coin.

Genius Einstein

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I have not yet spent my bitcoins in real life and i do not intend to as said by a couple of my colleagues who do bitcoin. I will save it until i have quite a large amount of bitcoin and then i will put it into my bank.

Wendigo

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Yes I have spent Bitcoins shopping online for stuff when I am low on cash on my debit card and there is a very appealing deal I don't want to miss out on. For example I have already bought a couple of games on Steam with Bitcoins because I found it more convenient to use that instead of going to the bank to deposit more money to my debit card balance. Also I have bought vouchers and coupons with Bitcoins for fiat businesses because I like the bigger discounts. But in general people are reluctant to spend their Bitcoins and tend to hoard them in hopes of getting a greater profit after a price rise.

blackmachinegun

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Quote from: adelhmdt on May 09, 2016, 09:10:38 PM

I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed). I've spend BTCitcoin once only here in the country I'm residing and it was for a shoe (the only shop that accepts it openly here), and it took more than I expected (just a bad day). Had to wait until it got 3 confirmations before I was allowed to leave the shop (and it took longer than I expected before the confirmations came in).

What are you experiencing frustration? having to wait for confirmation of transactions reached 3 confirmation?
actually no need to wait up to 3 confirmation.
1 confirmation is enough to enter in the bitcoin wallet seller. but still it takes more time. I can not do anything for this problem

ASHLIUSZ

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Quote from: pocarime32 on May 09, 2016, 09:22:20 PM

Quote from: jamesl22 on May 09, 2016, 04:32:53 PM

Quote from: SquallLeonhart on May 03, 2016, 05:05:22 PM

Quote from: Vaskiy on May 02, 2016, 10:11:40 PM

Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Holding seems to be the choice of majority of users as everyone is expecting higher price at halving, but spending it on regular intervals can be good for the future price of bitcoin.

Yes and if you are earning it then you should spent it too, as we earn fiat in the form of salary and we spend it on regular basis, bitcoin should also be treated in same way.

Yeah you right. Every week i always spend my bitcoin and use some for turn it into fiat in real life. Bitcoin is same as fiat for me, you can use it for paying or buying something.

In terms of paying and buying fiat and bitcoin are same. Fiat money is similar to commodity-backed money in appearance and usage, but differs in that it cannot be redeemed .

pocarime32

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Quote from: jamesl22 on May 09, 2016, 04:32:53 PM

Quote from: SquallLeonhart on May 03, 2016, 05:05:22 PM

Quote from: Vaskiy on May 02, 2016, 10:11:40 PM

Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Holding seems to be the choice of majority of users as everyone is expecting higher price at halving, but spending it on regular intervals can be good for the future price of bitcoin.

Yes and if you are earning it then you should spent it too, as we earn fiat in the form of salary and we spend it on regular basis, bitcoin should also be treated in same way.

Yeah you right. Every week i always spend my bitcoin and use some for turn it into fiat in real life. Bitcoin is same as fiat for me, you can use it for paying or buying something.

adelhmdt

member

Activity: 98

Merit: 10

I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed). I've spend BTCitcoin once only here in the country I'm residing and it was for a shoe (the only shop that accepts it openly here), and it took more than I expected (just a bad day). Had to wait until it got 3 confirmations before I was allowed to leave the shop (and it took longer than I expected before the confirmations came in).

jamesl22

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Activity: 392

Merit: 250

Quote from: SquallLeonhart on May 03, 2016, 05:05:22 PM

Quote from: Vaskiy on May 02, 2016, 10:11:40 PM

Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Holding seems to be the choice of majority of users as everyone is expecting higher price at halving, but spending it on regular intervals can be good for the future price of bitcoin.

Yes and if you are earning it then you should spent it too, as we earn fiat in the form of salary and we spend it on regular basis, bitcoin should also be treated in same way.

Tacalt

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Activity: 294

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Quote from: SquallLeonhart on May 03, 2016, 05:05:22 PM

Quote from: Vaskiy on May 02, 2016, 10:11:40 PM

Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Holding seems to be the choice of majority of users as everyone is expecting higher price at halving, but spending it on regular intervals can be good for the future price of bitcoin.

I mine altcoin with GPU. I sell them for bitcoin. I use the bitcoin to buy more GPU. That process repeats until I reach the power limit.

SquallLeonhart

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Activity: 2436

Merit: 1102

Quote from: Vaskiy on May 02, 2016, 10:11:40 PM

Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Holding seems to be the choice of majority of users as everyone is expecting higher price at halving, but spending it on regular intervals can be good for the future price of bitcoin.

Yipdard

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Activity: 106

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No, I haven't spend Bitcoins in real life yet.

Ardenyham

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Quote from: brianlee01 on May 02, 2016, 06:55:35 AM

Quote from: harizen on May 02, 2016, 06:42:57 AM

Quote from: Doms on May 02, 2016, 05:21:13 AM

Sooner or later, physical shops are going to accept BTC as payment. People are still largely unaware of the benefits that BTC can give, that is why even shops don't bother (or maybe they are also unaware such a technology exists) to add that as another payment option.

Demands and request for other merchants to accepts bitcoin are currently on their lines now but not as priority.

Still the importang thing for a merchant is stability so I see others still don't hug bitcoin as one of their payment method.

Maybe it is because people still do not know what is bitcoin, i think that Doms says right sooner and it takes time. People still have to learn about it.

I rarely spend it in real life Angry

Vaskiy

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Quote from: Hellacopter on May 02, 2016, 06:56:01 PM

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

Now at this moment holding can also provides you more profits, if you are well experienced then invest your coins or you may lose, you can spend a few according to your needs that's fine.

Hellacopter

hero member

Activity: 742

Merit: 500

Quote from: ?? on ??

i PANIK HOLD! Cheesy

Holding is profitable method, but i think we can't hold all our coins, especially earning from holding the coins isn't guaranteed. The best decision is to spend some coins and invest it, and holding the rest

BigBos

sr. member

Activity: 1974

Merit: 450

this time I have never spent money bitcoin me, I always keep a few bitcoin for business purposes will be attending or preparing for bitcoin when something good and beneficial happen

avw1982

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Quote from: MaritiJames3 on May 02, 2016, 09:54:52 AM

I'd like to spend bitcoins in real life but where I am from there are no stores that accept them so I have no other choice but to hold on to them. But this can also be a good thing I do not have to worry about spending because I can't spend them.

I would have spent some of them in a physical bitcoin shop if there is any in my area but there aren't, I practically almost traveled to visit a bitcoin ATM that opened close to my area but couldn't find a cafe or anything like it accepting bitcoin till now.

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