Just hold your bitcoin, bitcoin is an long terim investment for the future. Believe me the price will probably rise 1-2x in the future. Why did I say this? you can see now that bitcoin has begun to be implemented in payments in everyday life, in my country some merchants have started receiving payments with bitcoin and of course it affects bitcoin prices will rise as more people are known.
For your country maybe you should be a little patient, now many countries are starting to use bitcoin as payment in some transactions (not all countries). And maybe just moments one day in your county also some merchants will apply it as well. Btw where do you live?
Topic: I stll don't know what to do with my Bitcoins... - page 12. (Read 3102 times)
if I think it's natural, because I also feel the same way you think. In my country, not yet support payment tool using bitcoin so for now i still keep it.
The same here in my country bitcoin still not yet accepted or no any stores to use bitcoin. Moreover, I have many plans to do with my bitcoins hold it, trading, I wil do often in gambling. Holding btc is also a good investment were in the future will give a huge profit.
If you have Bitcoin then you will have 2 choices. 1 is able to buy other altcoin and long term investment altcoin that from 6 months to 1 year this will ensure you get good profit. 2 is that you should keep Bitcoin and limit transactions after 10 years you will become millionaires
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Just hold it. If you can buy crap with fiat, then use fiat. Quality money is hoarded, not wasted, to the contrary of what some people think.
The only real use cases for spending BTC is when you need privacy, like buying an VPN subscription and whatnot. Other than that, there's not much point to it to be honest. But of course, the more merchants you have the better.
If you really want to spend your BTC, you can go to Japan, ive heard a lot of merchants accept it there.
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Since this is what you face, I think the way to go is to look for exchange site that allows withdrawal of fiats or those that allow card withdrawal with that, you can then withdraw your btc which you can use to get what you wanted anywhere in the world so far there is an ATM machine powered by either Master card Visa. And I am sure there won't be any restriction to receive funds from abroad just be ready to bear the fees attached.
if I think it's natural, because I also feel the same way you think. In my country, not yet support payment tool using bitcoin so for now i still keep it.
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Just keep your bitcoins in your wallet. The bitcoin will become more valuable in the future so it means that by we can make more money if we hold our bitcoins. I agree also to you that the bitcoin will use in daily transaction. With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
It will take longer time for bitcoins to replace the fiat currency, mass adoption is required for the bitcoins. Till then you can hold the bitcoins for longer time for booking descent profit in future. People are already considering the bitcoins as digital gold; so keep calm and have faith on bitcoins.
I can do all kinds of stuff with my bitcoins here, order food, go eat out in a restaurant. Buy products and services with it.. Just sit on them or try to find a way to make them usefull.
All I can do with my bitcoins is to cash out into fiat cash or money. Bitcoin is not quite familiar here in my country but to those people exposed on computer and internet, some of them are familiar with it. It is not necessary to push them to know about it but if we increased the number of people using bitcoins, there's a possibility to contain the high price.
I suggest you try studying the market of trading you can put some of your bitcoins there and might get good return and if you really don't want holding bitcoin better sell them so you can have a fiat to pay all those expenses you are worrying about. But as far as I know if you really need cash you can convert bitcoin right away and you don't to worry much if many establishment does not accept bitcoin.
What country are you in? Here we can pay almost anything using our bitcoins including power and hydro bills, order food, buy e-credits—the list goes on and on. If you want to put that bitcoin to use, you can try on getting a debit card and load it with your bitcoins and I'm pretty sure you'll be able to enjoy shopping with it. Also, you can just keep it for the next few months and see if you gain any profit off of it.
Where is "here"? Where are you from? And wouldn't it be nice to have a site/thread/page with a collection of all the different methods of how to spend cryptos?
If you still don't know what to do with your Bitcoins then just hold them! That's what you should be doing right now as it's still in the store of value stage. Just keep holding and then in 5-10 years you can start spending a little.
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
bitcoin is digital finnancial asset you can invest it for some time period to get profit, you can also use it for trading criptocurrency, and of course you can also spend it to buy something. I usually converted to my local currency and claim it trhough wire transfer before using It as payment . This is only need internet network and an exchanger ,With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
Then it will be sent to your(fin) bank account and you can use it for shopping. why choose bitcoin because its increasing price and gives me more an advantage than fiat.
What country are you in? Here we can pay almost anything using our bitcoins including power and hydro bills, order food, buy e-credits—the list goes on and on. If you want to put that bitcoin to use, you can try on getting a debit card and load it with your bitcoins and I'm pretty sure you'll be able to enjoy shopping with it. Also, you can just keep it for the next few months and see if you gain any profit off of it.
I wonder why you don't just convert your bitcoin into fiat so you can pay your rent and other bills though very few accept bitcoin still it can be use anytime and anywhere besides bitcoin is good as cash you just have to convert them or otherwise hold them as a long term investment surely aftet few more years you will have a good return out of it.
what are you serious ?, you can trade your Bitcoin into cash, if you need it, and of course you can make it into investment, you're a collection now and then you sell it 3 or 7 years ahead ..
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
and whose fault is that?
lets say from tomorrow your super told you he is accepting bitcoin as your rent, the restaurants and groceries store and all the shops started accepting bitcoin in your town.
now tell me, in the next month when you go shopping, pay your rent, etc will you be using bitcoin?
the answer in most people is no.
Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
So you already have a lot of bitcoin? In my country, there are also no stores yet that accept bitcoin as a payment. Some online shops are accepting but they are few. Well, in order to use my bitcoin I am converting my bitcoin into fiat. Why don't just do the same thing? Do you know that you/ we can convert it into fiat? If your bitcoin is already a fiat, for sure you will not give that complaint with bitcoin again, not anymore. As of what I have observe in what your posted mean, you do not really understand the real value of bitcoin. It also seems that you are still doubting bitcoin. It's okey, since you are newbie you don't know much more with bitcoin. You don't know how much we (long term bitcoin users) want to have bitcoin. We do everything just to earn it.
I didn't say I have a lot of them . Just some. I do ubderstand the investment value. But yeah turning into fiat is also from that perspective not the best option.
) I consider bitcoin as a long-term investment funds. For the purpose of receiving benefits in the future) and I advise you to do so!
I too think that its long-term investment and i'm gathering and holding as much bitcoin as i can but what i can't figure out on my own is when exactly is it time to start enjoying myself with that money. I'd like to spend some of it without regretting it later but its hard when you cant know if the prices are going to stabilize or just keep going up. Besides keeping it to raise in value later. There is not much I can do...
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
With fiat money, I can pay rent, go to restaurants, buy clothes. But with BTC, there is basically no stores that accept them in my country. Sure it's easier online, but then again the stores might not have the best products or is the cheapest/best value.
Am I the only one facing this issue?
You can use your coins to do all the things you just said, I am not kidding, check out the service section and buy and sell goods, just Google which places accept bitcoin and you will be able to use it. Or be like this guy who travelled and paid with bitcoin only.
https://bitcointalksearch.org/topic/m.22388244
You can do a lot with bitcoins all, you need to get going, no one is going to help you with that, you need to input efforts, Google and see where you can pay and purchase. Hopefully you will write your success story next time.
Jump to: