How often do you use Bitcoin? | Bitcointalksearch.org

Abiky

legendary

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Merit: 1363

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Quote from: nutildah on August 18, 2022, 05:18:46 AM

I'm just curious to know how often people on the forum make BTC transactions.

Feel free to expand on your answer below, should you desire.

Please vote honestly, thanks.

To be honest with you, I use Bitcoin almost all of the time to pay for goods and/or services. I don't usually touch cash (Fiat), unless it's something I cannot pay with Bitcoin. But now that there are virtual and plastic cards which allow you to use your BTC to pay at any merchant accepting VISA/Mastercard, avoiding Fiat entirely becomes an easy task. I can't tell you how great it is to live only on crypto, especially when only you control access to your funds (no middleman). I can spend BTC anytime without going through ID/credit checks, or even having to worry about "hidden fees". It's true freedom if you ask me.

What's left is for Bitcoin to become widely accepted by countries worldwide, and you can say goodbye to Fiat for good. But I doubt that'll happen anytime soon because governments don't want to surrender Fiat over anything else. At least, we have an alternative to the existing monetary system. As long as decentralization prevails, nothing else matters. Wink

FanEagle

legendary

Activity: 2884

Merit: 1117

Basically, the main result is that people use it AT LEAST once a month, sometimes more. That is a good thing, it shows that it is not just about trading and people use it. I have to say, I have talked with my friends to start a new "startup" recently, not going to do it, but we checked the market and saw that there are dozens of people who hire marketing companies every day.

It means that we shouldn't really be shocked to learn that there are different results for different purposes. Regular person may or may not be great, but we could definitely end up with a person who never "used" it, whereas we could have people who use it a dozen times per day too.

PurpleFrog

jr. member

Activity: 39

Merit: 1

Almost never, i used it only ones. In my country there is a few places that accept bitcoin.

nutildah

legendary

Activity: 3010

Merit: 8114

About 14 hours left to vote in this poll... Please get your vote in if you haven't already, thanks.

gabbie2010

sr. member

Activity: 2842

Merit: 326

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I used bitcoin once every week and multiple times in a month, I don't have to transact bitcoin on daily basis, I rather hodl my coin in the wallet, once the need arises to transact part or the whole coin I do send to Binance for a P2P transaction to fiat, this is done at least once in week especially when I needed some fiat for some basic stuffs like payment for goods and services because in my country bitcoin hasn't been approved as a means of payment in fact it had been ban, however thanks to anonymous bitcoin transaction which allows users to transact swiftly without government agents tracking the transaction.

Franctoshi

hero member

Activity: 966

Merit: 588

Aside Bitcoin trading I at least transact twice a month and 1 a week using Bitcoin, though Bitcoin transaction is banned in my country and there is no stores that openly accept Bitcoin payment ,but I have come across a Bitcoiner that is into buying and selling business (clothing , shoes, jewelries and watches ) and he is in a different City from where I do live , So I do order things from there shop which I sometimes I do pay him with Bitcoin when I ran out of fiat and this payment using Bitcoin is base on agreement between both of us and terms and conditions involved is that he only accept my payment in Bitcoin when it's a transaction that involves $50 above .
Then sometimes I equally do some transaction in Bitcoin when I buy something from my friends that are into Bitcoin trading.

imamusma

hero member

Activity: 1386

Merit: 731

Leading Crypto Sports Betting & Casino Platform

For reasons of security and compliance with applicable laws in my country, it is realistic for me not to use bitcoin or any other cryptocurrency for the purpose of paying for goods or services. I use bitcoin as a currency on several gambling platforms, but it's a different thing for something like adopting it as an optional currency every day in real life.

In the end I can say bitcoin or cryptocurrency is not a legal currency in my country as a means of payment. It is a commodity asset that can only be used for trading and investment with established regulations.

GeorgeJohn

hero member

Activity: 1498

Merit: 711

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If we calculate the statistics of people who is using Bitcoin for daily purpose or engagement it's few not many. But from what i understand currently, i see that many people is using Bitcoin for importations of good's and services. I know that as many as we expected that come into cryptocurrency are using Bitcoin often. Because some people is afraid of cryptocurrency despite that it now in form of a global currency

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

If it was about trading, then I did say that I use bitcoin everyday, I buy, and hold, and when in profit, I resell to later buy at a lower price again.
But talking about using bitcoin outside trading, that is for payment for goods and services and all that, I did say almost never, sometime in July this year, I bought a motor bike with full payment in bitcoin, this was the first time I ever bought a thing and paid in bitcoin, the spent bitcoins were replaced the very next day by the way.
I have bitcoin I kept as investment for future, and I have another set which I trade with , I personally do not have any plan or want to spend bitcoin on paying for goods and service, atleast, not now.

Maestro75

sr. member

Activity: 1960

Merit: 329

I have never bought anything with bitcoin. I wish I can. But there are hardly anywhere I can get a shop accepting bitcoin directly around me. I always exchange it to fiat first.

tbterryboy

sr. member

Activity: 2030

Merit: 323

Quote from: coinerer on August 18, 2022, 09:08:03 AM

Quote from: nutildah on August 18, 2022, 05:18:46 AM

I'm just curious to know how often people on the forum make BTC transactions.
Feel free to expand on your answer below, should you desire.

Please vote honestly, thanks.

I make bitcoin transcation once per week when i received my signature payment via bitcoin. Other times I use other cryptocurrencies. Because transaction fees in other cryptocurrencies are much lower than Bitcoin. And the transfer speed is very high then btc. So I find it more convenient to use other coins than Bitcoin most of the time

Too bad that people can only choose one answer or can only vote one time in the poll because I believe that many users here are like you that also uses altcoins and tokens other than their bitcoins because there are times where bitcoin fees are high and then the network is heavily congested. We can't afford to wait any longer when we are in a hurry like we will play gambling or purchase something that we will use immediately like phone credits.

I think for some who are currently enrolled in a bitcoin paying campaign. They will only do one btc transaction per week and that is by moving their bitcoin salary to their main wallets.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: xSkylarx on August 20, 2022, 11:09:52 PM

I use bitcoin maybe atleast 5x a month. There is a payment merchant here in our country where you can use bitcoin to top-up credits on your phone. I spend my bitcoin to buy credits when I need some mobile data when I'm outside our home. I also use it sometimes to pay our electricity bill if the usual digital wallet I use is not available. I avoid spending too much of my bitcoin as I treat it as my savings for emergencies. I also feel it's a waste spending it when I see the price is increasing over the years.

There are no real statistics to see but probably users use thier BTC mostly on gambling platforms.
Many times a week I guess if there are some sports matches to be on. Stake.com pays its campaigners on its platform, either participants bet in the casino or just withdraw making them use BTC weekly. If Stake just has some internal exchange, I might just be investing in altcoins but they don't.

xSkylarx

hero member

Activity: 2366

Merit: 594

I use bitcoin maybe atleast 5x a month. There is a payment merchant here in our country where you can use bitcoin to top-up credits on your phone. I spend my bitcoin to buy credits when I need some mobile data when I'm outside our home. I also use it sometimes to pay our electricity bill if the usual digital wallet I use is not available. I avoid spending too much of my bitcoin as I treat it as my savings for emergencies. I also feel it's a waste spending it when I see the price is increasing over the years.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: ?? on ??

I've never used bitcoin because I'm a beginner in crypto and bitcoin. so for now I just continue to save bitcoins because I think bitcoin in the future the price will be very much high,

Well in that case, welcome to the Bitcoin community, landheer. Just continue hodling Bitcoin and you will just be fine plus in the side, you have the freedom to hold your money as much as you want without involving any other authorities. Don't forget that it is not just all about the price of Bitcoin that matters, it is also the freedom that it offers to us.

Leviathan.007

hero member

Activity: 1764

Merit: 722

Leading Crypto Sports Betting & Casino Platform

I personally prefer to save my funds in bitcoin and will use bitcoin everywhere whenever they allow me to use bitcoin instead of other methods otherwise I will exchange some new share of my bitcoins to fiat just to buy something when they don't allow me to use bitcoin, but since bitcoin is banned in many countries or cannot be accepted as a payment method I guess the answer can be different for other people depending on where they live and they kind of rules they have in their countries.

Mauser

hero member

Activity: 1974

Merit: 534

Looks like I am part of the majority that uses bitcoins less than once per month. The crypto bear market this year is the main reason for me to not use any bitcoins anymore. With prices below 40,000 USD it feels to me that bitcoins are very cheap and I don't want to give mine away cheaply. Using bitcoins for purchases means to reduce crypto holdings while saving fiat money. And this year I want to do the exact opposite. With inflation around 8% it makes no sense to keep any fiat cash around. The only form of bitcoin transaction I am doing now is buying new each month and use bitcoin whenever I withdraw money from a casino.

rodskee

full member

Activity: 2520

Merit: 204

OrangeFren.com

there is a rare chance that I can use Bitcoin Directly because there are also few options since we are a country that has not adopted bitcoin till now so maybe some online sellers or some people that i have directly engaging .

But if you will let me answer as Bitcoin converted into fiat? then yeah All my billings and all my online payments as My wallet offers conversion to other payments .

Lucius

legendary

Activity: 3234

Merit: 5637

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Quote from: nutildah on August 19, 2022, 11:38:50 AM

Quote from: Lucius on August 19, 2022, 03:50:45 AM

...
Everyone's mouth is full of adaptation and they wonder why some people or governments are against Bitcoin, and at the same time, with their interpretation of Bitcoin, they are killing its essence...

I agree with your larger interpretation. I just merited that guy because he didn't have any merits.

Bitcoin was born to be used.

Thanks for the explanation, because to some extent I can understand that people who invest only for the sake of profit, everything else is irrelevant to them - so even though I'm a hodler to a greater extent, I still try to contribute to using Bitcoin as well as currency whenever I have the opportunity to do so. When I see how excited people are when they actually buy something for Bitcoin, I wonder why so many people hesitate to do so with so many online stores offering that option.

TheNineClub

full member

Activity: 616

Merit: 161

Once a month or less and and twice a month having the most results is surprising actually. I would think that most still consider btc to be a store of value, rather than a day to day curency. If things are changing in favor of actually using BTC rather than just storing it, than we might overcome some issues that have been looming over it (and acusations that btc is just a speculation commodity).

Marykeller

hero member

Activity: 1064

Merit: 501

Not always. Just once in a while, maybe whenever I have a special need to settle some bills. I try to convert my bitcoin to fiat. Apart from that, I hodl it.

The country I come from is not in support of bitcoin transactions. It's out of bounds.
Am just looking forward to when I will be able to use bitcoin to buy a burger(lols)

Topic: How often do you use Bitcoin? (Read 886 times)