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Topic: How to Spend Bitcoin? - page 2. (Read 1861 times)

newbie
Activity: 6
Merit: 0
August 26, 2020, 04:36:59 AM
I agree with some opinions that bitcoin shouldn't just be stored.
By its nature, it is primarily money.
And money must be spent / invested in order to multiply.
Today one could invest in interesting DeFi projects.
By the way, who has heard anything interesting on this topic?
copper member
Activity: 1120
Merit: 2
August 25, 2020, 11:49:47 PM
The global use of Bitcoin is increasing.Its medium transactions are now increasing day by day.In particular, the acceptance of the bitcoin in the pandemic situation has increased manifold.I hope it can be easily transacted through ATM card.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
August 24, 2020, 12:11:54 AM
You can hold it and get some profit instead of spending it. Or if you really wanted to the you can spend it through gambling and add the hype to which gambling business are in now. There are huge wins happening now due to the number of gamblers switching from the physical casino to online casino. You can earn or get losses depending on the game you played and the luck you have.

Other things to consider to spend bitcoin will depend on your place like here in our place which is open for loading business. Bitcoin here can be used to buy prepaid load or pay bills and send money to e wallet. So bitcoin spending is a great deal here in our place.

   I am more the saving-person than spending-person as well. If I have something valuable I will keep it, and I never sell
just to buy some meaningless things that I don't really need. I rather spend cash and keep Bitcoin, one of the things
is crypto-currencies, I am more for buying Bitcoins and crypto-currencies, holding them for the future, for now I don't have
a need to think about profit, I just think how to get more!
   
full member
Activity: 924
Merit: 221
August 23, 2020, 11:08:41 PM
You can hold it and get some profit instead of spending it. Or if you really wanted to the you can spend it through gambling and add the hype to which gambling business are in now. There are huge wins happening now due to the number of gamblers switching from the physical casino to online casino. You can earn or get losses depending on the game you played and the luck you have.

Other things to consider to spend bitcoin will depend on your place like here in our place which is open for loading business. Bitcoin here can be used to buy prepaid load or pay bills and send money to e wallet. So bitcoin spending is a great deal here in our place.
sr. member
Activity: 1274
Merit: 252
August 23, 2020, 09:27:22 PM
During this period of quarantine, I prefer to spend digital money from PayPal to buy things like steam games and vouchers. I haven't thought about spending the cryptocurrency that I have because the bitcoin market is doing well so I thought to hold onto it. After I read the @OP article I thought that bitcoin spending was a common thing, so it didn't have the appeal of being the best thread for me. The reasons for spending bitcoin in this article are very common.
sr. member
Activity: 1820
Merit: 436
August 23, 2020, 12:47:04 PM
Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself.  Roll Eyes

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!


I guess bitcoin at this moment is not really meant for spending or shopping online even if it is a digital currency in my opinion Bitcoin is just for investment at this moment.

Since the market price is so volatile you could easily make a profit as the market go pump and dump at some point, Surely bitcoin is a digital currency but as it is not yet adopted around the world the market price is just so high be a currency to be used or spend online. For me, it is better to use it to make profit by spending it at this moment.
full member
Activity: 562
Merit: 100
August 23, 2020, 11:13:17 AM
During quarantine. I spent 0.5 bitcoins. I live in Singapore. We have many places where you can pay with Bitcoin. Even a taxi. One late evening I realized that I already had an old TV and laptop. So I bought a TV with my 0.5 bitcoins and a brand new laptop. I also paid a couple of times for pizza and sushi. I also have some bitcoins left and I spent them on a taxi when I went to my girlfriend. Therefore, I am very happy that my quarantine went like this.
It is really good for you as you are getting benefits from it. Like you, many people are using bitcoin as their payment methods daily.
full member
Activity: 644
Merit: 101
Ecowatt.io
August 22, 2020, 06:05:34 AM
Hello to all. My personal opinion is that at this price level, spending Bitcoins is only worth buying opportunities to increase your cryptocurrency fortune. Of course, the psychological component is very strong - you always want to take advantage of the price growth results in recent years. When you can't spend what you've earned, it's always uncomfortable. But, if you decide, nevertheless, to spend a certain amount, I think that it is necessary to purchase exactly any "fruits of civilization" that contribute to earning an additional amount of cryptocurrency. I would not spend Bitcoin on the entire list listed in the article, again, if this item from the list does not provide the potential to multiply your cryptocurrency assets.
member
Activity: 1358
Merit: 10
www.cd3d.app
August 20, 2020, 12:26:47 PM
I will never spending my Bitcoin on shopping. I'm here to gains.
My portfolio gets topped up for the long haul Bitcoin boom.
Shopping etc., I use cash, visa debit. As usual
I spend my $ 20 or $ 30 BTC on shopping. I would have had $ 200 had i held
So why should I spend my Bitcoin to shop?

I spend a portion of the profits from my earned and invested bitcoin on my family needs and enjoyment. If I just keep growing my portfolio with my invested bitcoins, not spending on my own needs, then this investment makes no sense.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
August 20, 2020, 10:40:47 AM
Should the spending of Bitcoin be specified to only one application? Bitcoin is good because we can always do lots of stuff from it. We can spend it on anything we want since we are the ones who gain them and saving Bitcoin is one of the things that I have learned throughout the years of spending them. Its also true that Bitcoin can save you in times of emergency since it acts like emergency funds when you need money because of the fact that cashing it out can be done in seconds.
full member
Activity: 562
Merit: 100
August 20, 2020, 10:20:55 AM
Bitcoin is the most popular crypto currency all overt the world at this moment. Bitcoin is helping us many ways. We can spend bitcoin on shopping purposes and p2p transaction.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 20, 2020, 06:44:43 AM
I spend some of my bitcoin recently to shop online and I used to pay my monthly bills through it because of the convenience and the fact that I don't need to fall in line when I go out.

One of my favorite usages of this alternative currency, I can pay my bills online using my online wallet as they are catering this feature.


I wouldn't spend bitcoin. This is a great investment that requires waiting. You can spend other currencies.
Well its a currency and was made as an alternative to fiat. It should be use as currency for spending but most of us prefer to hold instead because of the price fluctuation that can give us an opportunity to make profit by taking advantage the price movement.

One of the reason why people are here because of this opportunities, as value keep changing from time to time.
If you manage to buy from the dip then expect increase when the value start rising high, you can buy and hold
the choice always depends from how you understand the system.
hero member
Activity: 1666
Merit: 502
August 20, 2020, 06:36:08 AM
In my opinion, it is not a very important topic, interesting because it is packaged in easy to understand words. I'm sure many of us already understand how to spend our bitcoins and what they are spent on, everyone here has their own plan to spend bitcoins. Maybe it would be better to add transaction security tips and maybe tips for a cheaper transaction fee than usual. Apart from that I really appreciate the "how to spend bitcoin" in points 1 and 2.
hero member
Activity: 3010
Merit: 629
August 20, 2020, 01:42:53 AM
I spend some of my bitcoin recently to shop online and I used to pay my monthly bills through it because of the convenience and the fact that I dont need to fall in line when I go out.

I wouldn't spend bitcoin. This is a great investment that requires waiting. You can spend other currencies.
Well its a currency and was made as an alternative to fiat. It should be use as currency for spending but most of us prefer to hold instead because of the price fluctuation that can give us an opportunity to make profit by taking advantage the price movement.
newbie
Activity: 34
Merit: 0
August 20, 2020, 01:17:25 AM
Spend it to make more money! With structured deposit, for example. Or make cryptocard, bound to the stablecoin, it will help to exchange bitcoin easily and spend this money
full member
Activity: 562
Merit: 100
August 02, 2020, 11:29:07 AM
There are a lot of way to spend bitcoin if you have. You can purchase from online store, buy ticket from travel agency, gift card and you can exchange bitcoin into your local currency. Cheesy
member
Activity: 1021
Merit: 12
August 02, 2020, 11:14:47 AM
We can't really spend bitcoin here in our country that easy since there are a lot of people that still don't know what it is. If we really wanted to use it though, we can buy some shoppee or lazada points out of a local exchange using that bitcoin. It might not be the same as you people using bitcoin directly but, well, I am also using it.

Maybe making a giveaway is the best solution, by sharing Bitcoins (like airdrop) with the lay community, they will know its usability and they will try to apply it in daily life.
newbie
Activity: 14
Merit: 0
August 02, 2020, 10:02:20 AM
I wouldn't spend bitcoin. This is a great investment that requires waiting. You can spend other currencies.
sr. member
Activity: 1344
Merit: 270
August 01, 2020, 10:40:06 PM
I think that main mission of cryptocurrency later is a coin which get used to pay quickly and widely that don't have any national barriers with lowest fee, and Bitcoin is also among them. So we can use it to pay for anything that we want
This is the purpose of crypto that we can use or spend it online. Not just a store of money in our wallet we have also choose to spend it. Well it depends on us on how we manage our asset in crypto. Op have the choice and for sure he has some for hold and long term investment.
In my case I see crypto as an investment because one can earn on it by buying and selling crypto. It just need a good habit when to buy and when to sell crypto. Mostly buying crypto when market is crashing would be the best thing to do. And if you are in a hurry then it might be good also to invest now and earn small amount whenever there will be an increase for bitcoin. Then never going to buy again when market is high already because this the reason why many losses in their investment with cryptocurrency.
I see cryptocurrency is an investment and trading way how I can increase my earning every day although risk always on our faced, but we have looking for which one effective way to stop risk and get much profit with bitcoin and altcoin investing, we can track background of project coin first before going trough for investing or trading.
full member
Activity: 686
Merit: 125
August 01, 2020, 09:05:52 PM
I think that main mission of cryptocurrency later is a coin which get used to pay quickly and widely that don't have any national barriers with lowest fee, and Bitcoin is also among them. So we can use it to pay for anything that we want
This is the purpose of crypto that we can use or spend it online. Not just a store of money in our wallet we have also choose to spend it. Well it depends on us on how we manage our asset in crypto. Op have the choice and for sure he has some for hold and long term investment.
In my case I see crypto as an investment because one can earn on it by buying and selling crypto. It just need a good habit when to buy and when to sell crypto. Mostly buying crypto when market is crashing would be the best thing to do. And if you are in a hurry then it might be good also to invest now and earn small amount whenever there will be an increase for bitcoin. Then never going to buy again when market is high already because this the reason why many losses in their investment with cryptocurrency.
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