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Topic: How many bitcoiners on here have actually used bitcoin/crypto for commerce? - page 9. (Read 1776 times)

sr. member
Activity: 1162
Merit: 258
1xbit.com
In 2017 I can still pay bills and also buy goods using bitcoin, in an already available market or online shop. but since 2018 All transactions are prohibited from using bitcoin as payment. but by exchanging bitcoin to Fiat first before shopping. a little complicated but indeed we have to do this process.I hope there will be freedom rules regarding this matter
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
I bought a phone credit several times but after recalculated it turned out to be a lot more expensive using BTC, and also several times buying a domain on namecheap, I more like to use BTC just for international online commerce.
Not many commerce in my place that accepts BTC as payment, because it collided with regulations that prohibit it, only allow BTC or crypto as an investment tool.
hero member
Activity: 2156
Merit: 531
now I only use bitcoin to pay bills ,before that I often buy clothing accessories but since the trade shopping is closed so now I only exchange it for fiat or pay bills like everything else ,and the rest of the bitcoin I trade on altcoin ,I don't know about other shopping cryptocurrencies places in my country yet
full member
Activity: 714
Merit: 100
I always used it in paying my bills because our wallet apps has a features on paying bills and to purchase something in which it will be a convenient than go to the payment centers just to settle my obligations and to go to some mechants just to buy some merchandise.
hero member
Activity: 1008
Merit: 531
Had a lot of fun experimenting with crypto-currency as my sole payment method for a week, most of my funds went into getting cheap gift cards and then using it around my local store, it was pretty limiting and I wouldn't recommend though.

As for my most spending, I've just been keeping crypto-currencies as an investment option, and I've been trading altcoins and BTC/fiat for a couple years now and have a plan to cash out everything during 2020.
hero member
Activity: 1694
Merit: 691
DGbet.fun - Crypto Sportsbook
In past i top up my Steam Wallet with Bitcoin, if me not wrong via Bitpay right. And some VPN i subscribe accept bitcoin as payment too. If international product, i use bitcoin for that 2 things. If from my country there are a lot of services that can help us Indonesian people to pay Bills. But for now i think only a few commerce that still accept bitcoin.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
I dont remember the actual stores but yes, i have used cryptocurrencies few times in last years. One time, there was a discount when buying when crypto and other time I noticed the option and chose it, because i had little FIAT but had more in crypto. With that said, I also consider BTC more as investment then anything else.
Nowadays, bitcoin is mainly for investment rather than a currency to use as a mode of payment because the fee of bitcoin is higher than before which is not that convincing and practical for the people who are buying with a minimal cost. It is better to just keep bitcoin at a safe place and use other cryptocurrency as a mode of payment because they are cheaper and faster, to be honest.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.

In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.

So how many people on here have actually used cryptocurrency in real life?

I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.

Anyone else want to share their experiences?
Bitcoiner so far only use bitcoin as investing and trading, there are still less bitcoiner using bitcoin for commerce because many country still not allowed using bitcoin as legal payment. When bitcoin have adopt by many country I think all bitcoiner will use bitcoin as commerce and use bitcoin for every transaction, they will buy or sell daily needed with using bitcoin and altcoin if have legal by country and government.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
Maybe I only use Bitcoins for investment means only because in my country there is no service that supports it.
If the service online, I've been shopping for games and original software on a site called Kinguin, I once bought using their coin KRS and bitcoin to buy a Steam Wallet and original Windows from them.
full member
Activity: 490
Merit: 123
I dont remember the actual stores but yes, i have used cryptocurrencies few times in last years. One time, there was a discount when buying when crypto and other time I noticed the option and chose it, because i had little FIAT but had more in crypto. With that said, I also consider BTC more as investment then anything else.
sr. member
Activity: 728
Merit: 254
Here in my country, it's still hard to find local shops that would accept bitcoin or any crypto as payments although there are quite a lot of local users here. Crypto is getting popular here but haven't seen merchants accepting bitcoin personally. There are some online but still not that much...
I've used bitcoin before to buy small things (not literally big in value). Is gambling also considered in your question? Cause I'm also gambling during free time.

But really, I would love to use in more as payments if only there are available businesses that accepts it
hero member
Activity: 1666
Merit: 502
Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.

In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.

So how many people on here have actually used cryptocurrency in real life?

I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.

Anyone else want to share their experiences?
In the past when the value of bitcoin was still under $ 500 I often used bitcoin to pay for electricity and water bills, I also bought things with bitcoin and bought gift cards too. Since the value of bitcoin in late 2017, the fee is getting higher and I don't think this is suitable for me to use as an alternative payment at that time. The more here bitcoin turns into assets, many discuss bitcoin assets but not discussion where bitcoin can be used as an alternative payment.
sr. member
Activity: 1596
Merit: 335
I have been using it for my necessities. I used to pay our electric and internet bill with my Bitcoin. Though I want to save it instead of spending, I still find it more convenient and faster to transact using crypto. A few days ago, I also discovered that a local online shop in our country accepts Bitcoin so I tried purchasing their product using some of my BTC earning as well. They are even accepting Ethereum.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
I used altcoins for casual gambling and buying stuff from friends. Crypto payment not yet a thing in my country. I've been trying to push commerce though by promising merits in the local marketplace section. Lol.

I'm not against hodling (or saving to be precise). People should be free to choose between spending and saving. However, in the current situation, people seem to be incentivized to hold and not to spend. This is not good IMO. People should be incentivized to spend (for productive activities) but have the freedom to hold.
sr. member
Activity: 686
Merit: 262
Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.

In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.

So how many people on here have actually used cryptocurrency in real life?

I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.

Anyone else want to share their experiences?
I have used bitcoin for mobile recharge. But nothing that significant. Like anyone else, I will prefer using fiat for retail transactions than going for cryptos. Largely, cryptos are preferred as a store of value than a currency. Also, it is more convenient to use cash or debit cards for retail transactions as they are readily acceptable and easy to use as compared to cryptos. Plus, they are instant.
hero member
Activity: 2954
Merit: 796
I sometimes use crypto in paying bills, sending money, or paying my other crypto friends whenever I run out of cash. There is no sense of saving it if you are running out of cash to spend to. But, if you can buy something using fiat and if you can save your crypto, then it is better to use fiat since crypto has a chance to pump anytime and it has a great long term potential.
I also use crypto for paying bills, but mostly I used it in buying stuffs thru conversation. Sometimes I ask the seller if he/she have app accepting BTC or if they're willing to accept, sometimes I explain the ways it can be considered as investment then they are convinced too. I do it when price aren't moving much And when the price of BTC decline that's the time I deposit again.
legendary
Activity: 2268
Merit: 18748
What I am waiting for is adoption of Lightning by exchanges, but I'm pretty sure that the Coinbase's of this space will not bother until the software has matured properly.
You'll be waiting several years, I would think. Lightning is still experimental, and the "Only use what you can afford to lose" saying still applies to it. Exchanges aren't even going to consider using it until the risk of loss to them is minimal. Even then, it will take years for them to get round to implementing it. Some exchanges still don't even support SegWit for goodness sake, which is over 2 years old and requires fairly minor changes on their end to support. Imagine how long it will take them to build the entire new infrastructure required to support Lightning.

Having said that, Bitstamp have been running their own Lightning node for some time: https://www.bitstamp.net/lightning-network-node/. Obviously no word about accepting deposits yet.
sr. member
Activity: 756
Merit: 251
I sometimes use crypto in paying bills, sending money, or paying my other crypto friends whenever I run out of cash. There is no sense of saving it if you are running out of cash to spend to. But, if you can buy something using fiat and if you can save your crypto, then it is better to use fiat since crypto has a chance to pump anytime and it has a great long term potential.

It seems the most common use of Bitcoin or cryptocurrency is on paying bills and using it for remittance. That is also how I use my Bitcoin or cryptocurrency. I also made use of Bitcoin and other altcoins in gambling or buying in online shops, although I admit that I very seldom use Bitcoin in shopping online. I admit that I only use it when there is no other option left but to use it. Mostly through BitPay. Other than that, I keep my Bitcoin in my safe wallet.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
I sometimes use crypto in paying bills, sending money, or paying my other crypto friends whenever I run out of cash. There is no sense of saving it if you are running out of cash to spend to. But, if you can buy something using fiat and if you can save your crypto, then it is better to use fiat since crypto has a chance to pump anytime and it has a great long term potential.
sr. member
Activity: 1330
Merit: 326
Never use btc to buy some stuffs but been using it to pay my bills and use it as a gift to my brother who seems to have a knowledge about cryptocurrencies. Though I am looking forward to spend it to some useful things that I need in the future maybe in some online shops. Like many others here, I considered btc as a store value and/or as a digital asset so I am more on pro holder.
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