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Topic: Spending Bitcoins - page 16. (Read 101106 times)

full member
Activity: 232
Merit: 100
December 08, 2017, 01:48:47 AM
It is very difficult for you to use Bitcoin in daily spending because it is too large at the moment and it is difficult to convert it. In addition, almost every country prohibits the use of Bitcoin to trade and use in the daily wave. So, I think this is very difficult to apply in my country
full member
Activity: 350
Merit: 100
December 08, 2017, 01:29:13 AM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

I think spending bitcoins is still not good idea. I am not spending my bitcoins because the price of the bitcoin is rapidly growing. For me, it is better if I will keep it in my wallet than to spend it.
Spending bitcoins isn't that terrible on the off chance that you extremely required that cash or to spend your cash. As I would see it, if your cash in bitcoin isn't yet required to be spend then you should simply keep your bitcoin and absolutely never spend it on futile things since you will simply think twice about it toward the day's end.
full member
Activity: 1162
Merit: 106
December 06, 2017, 06:16:50 AM
I'm regret to spend some btc some time ago, now I have to buy at a price that is expensive and I expect the price to go up so I will get a profit.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
December 06, 2017, 04:48:37 AM
in my country bitcoins is not yet that popular so usually i still need to convert my btc to fiat so it can be useful. i can pay bills directly though but hopefully in malls they will be able to accept btc for fast transactions.
Spending Bitcoin here and there for the sake of fun is not a good idea. If someone is in grave need of money and has no other savings than Bitcoin, he must actually utilize his Bitcoin but again this is not something that happens very often.

For the time being, the wise decision is to hold on Bitcoin and if possible increase the amount as much as possible. It will definitely help the holder financially a lot in the future.

Spending bitcoin in a sake of fun always make you looser.All need of money,but sell the bitcoin only you need of money or else keep your bitcoin in the wallet for your future.You should secure the wallet by the any storage .Holding always gives you double or triple of money.
Bitcoin is so precious, we need to have the control in spending it because that money will grow its value in the future unlike fiat where it's subject
for inflation. Be wise with spending your bitcoin, if possible don't spend it and just save it for long term.
full member
Activity: 382
Merit: 109
December 06, 2017, 03:34:48 AM
in my country bitcoins is not yet that popular so usually i still need to convert my btc to fiat so it can be useful. i can pay bills directly though but hopefully in malls they will be able to accept btc for fast transactions.
Spending Bitcoin here and there for the sake of fun is not a good idea. If someone is in grave need of money and has no other savings than Bitcoin, he must actually utilize his Bitcoin but again this is not something that happens very often.

For the time being, the wise decision is to hold on Bitcoin and if possible increase the amount as much as possible. It will definitely help the holder financially a lot in the future.

Spending bitcoin in a sake of fun always make you looser.All need of money,but sell the bitcoin only you need of money or else keep your bitcoin in the wallet for your future.You should secure the wallet by the any storage .Holding always gives you double or triple of money.
hero member
Activity: 952
Merit: 503
December 06, 2017, 03:22:02 AM
in my country bitcoins is not yet that popular so usually i still need to convert my btc to fiat so it can be useful. i can pay bills directly though but hopefully in malls they will be able to accept btc for fast transactions.
Spending Bitcoin here and there for the sake of fun is not a good idea. If someone is in grave need of money and has no other savings than Bitcoin, he must actually utilize his Bitcoin but again this is not something that happens very often.

For the time being, the wise decision is to hold on Bitcoin and if possible increase the amount as much as possible. It will definitely help the holder financially a lot in the future.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 04, 2017, 09:55:15 AM
people mostly spend their bitcoins on digital goods. i think we have to see a wider variety of merchants accepting bitcoin payments. for example when i need to buy a new sofa, or maybe some furniture. would be great to use bitcoin as form of paymenr there.
Spending bitcoin. I am spending my bitcoin in a very pratctical way. In a sense that i am not wasting my money so that i can save it and have some budget or savings in the future.
That is better rather than so called enjoying the life and sticking to the YOLO stuff. You should not waste money to the useless things because you will just regret it in the future and it is better to be practical and wise in managing money rather than feeling rich that is ending on the point that you are just keep spending without even hesitating.
full member
Activity: 223
Merit: 100
December 04, 2017, 02:11:16 AM
people mostly spend their bitcoins on digital goods. i think we have to see a wider variety of merchants accepting bitcoin payments. for example when i need to buy a new sofa, or maybe some furniture. would be great to use bitcoin as form of paymenr there.
Spending bitcoin. I am spending my bitcoin in a very pratctical way. In a sense that i am not wasting my money so that i can save it and have some budget or savings in the future.
jr. member
Activity: 59
Merit: 10
December 04, 2017, 01:50:07 AM
I cannot spend my BTC to buy snacks,supermarket's here have not received BTC payments well there is actually a plan a group of people about opening a BTC supermarket's but the plan has not been realized.I would love to buy food sometimes thirst it's very important,hopefully there are billionaires who are willing to open a supermarket in my country that accepts payments BTC.
full member
Activity: 462
Merit: 100
SOL.BIOKRIPT.COM
December 04, 2017, 12:18:54 AM
This day,  eventhough mNy people are familiar with bitcoin,  there are still some people accepting it as a form of payment. Merchandiser are still having a hard time in the set-up of bitcoin to make it as payment for their store.  I think if those business are planning to setup a bitcoin payment, they have to spend additional for the set-up and in the end people still use fiat to pay.  Not conventional at all.  I am spending my bitcoin in top up for my games and buying loads, its still need conversion to do this. But still all this payment came from my bitcoin account.
member
Activity: 72
Merit: 10
December 03, 2017, 10:56:52 PM
I think you shouldn't spend Bitcoin at this moment cause price is very high for now. Keep it and easily earn profits.
full member
Activity: 519
Merit: 101
December 03, 2017, 10:56:13 PM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.


In my country, there are many people who already own bitcoin but stores, shops, who accept bitcoin are few and limited. If I were to choose to pay cash and bitcoin I will choose to pay cash than bitcoin since bitcoin price is increasing and cash price is fixed. Furthermore, paying bitcoin nowadays is still not required. Imagine, even though we saved cash and store it for a year it will not change its value, but if we hold bitcoin in a year it has a chance of growing.

For the bitcoin adoptation, I think we can use another way. Internet is a very influential thing. There are so many people in here who are using internet everyday so I think it can help for the adoptation.
member
Activity: 378
Merit: 12
December 03, 2017, 04:11:18 PM
Mostly people spend them as fiat money when they need to buy a new computer, make apartment repair etc. Also they want to fix profit because afraid of bubble
hero member
Activity: 714
Merit: 500
December 03, 2017, 03:29:22 PM

Bitcoin will be popular but not all countries have a chance to buy goods for Bitcoin. Now there are very few or perhaps no offline stores that accept bitcoins sooner or later, bitcoin will be popular and can shop at offline store stores.

It varies from country to country as now in my country I see some offline shops that have started to accept bitcoins as a mode of payment which was not in past few years and that clearly indicates that bitcoin is becoming popular now and many people are taking notice of it and in future there will be more options available to spend our bitcoins either online or offline.
full member
Activity: 287
Merit: 100
December 03, 2017, 02:52:27 PM

Bitcoin will be popular but not all countries have a chance to buy goods for Bitcoin. Now there are very few or perhaps no offline stores that accept bitcoins sooner or later, bitcoin will be popular and can shop at offline store stores.
jr. member
Activity: 43
Merit: 6
December 03, 2017, 01:58:47 PM
i spend most of my bitcoin for cash and use cash for my daily things.

most of my btc send it to my friend and he pay cash for me (i think he only hold it )
full member
Activity: 364
Merit: 100
December 03, 2017, 09:42:09 AM
in my country bitcoins is not yet that popular so usually i still need to convert my btc to fiat so it can be useful. i can pay bills directly though but hopefully in malls they will be able to accept btc for fast transactions.
legendary
Activity: 1974
Merit: 2124
December 03, 2017, 09:30:13 AM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

I think spending bitcoins is still not good idea. I am not spending my bitcoins because the price of the bitcoin is rapidly growing. For me, it is better if I will keep it in my wallet than to spend it.
For now, one must prohibit spending their bitcoins and try to get as many as possible since the price bitcoin is growing rapidly and touching the sky. So, it won't be any smart idea to spend them right away. Holding them is the most recommended option in the current situation as only then one could make a huge amount of profit and can double up his income...
member
Activity: 96
Merit: 10
December 03, 2017, 09:14:17 AM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

I think spending bitcoins is still not good idea. I am not spending my bitcoins because the price of the bitcoin is rapidly growing. For me, it is better if I will keep it in my wallet than to spend it.
full member
Activity: 139
Merit: 100
December 03, 2017, 08:56:36 AM
At the current bitcoin price growing speed I don't think anyone will be spending his bitcoins. Bitcoin is now more of asset than the currency.
The best thing that you can do with your bitcoin at present is to hold it as long as you can because the bitcoin is continuously increasing in value. Bitcoin is highly expected to touch 20,000 dollars by next year and it can even go beyond this value. In short bitcoin is at its growing age, so make maximum with it till bitcoin is young. I am also not having any plans of selling off bitcoin in coming few months.
I agree with that, if you have bitcoin then just hold it, look what happen to the altcoins now, bitcoin is dominating the market so you can expect that when bitcoin will pump, altcoins will dump, it's a normal movement. If you are a wise investor, you would not change your strategy if you see holding bitcoin gives you benefits, it has break $11,000 already and it will continue to rise.
It is better right now to have a lot of bitcoins or a majority of your holdings will go into bitcoin rather than holding more altcoins because the chance to make profit in altcoins are still low because the bitcoin is still the dominant in the market so whenever the price of bitcoin goes up really high then the price of altcoins will go down hard.

The problem is not making profits from altcoins, we can still make profit from altcoins but selecting the correct one is hard in altcoins. Can you imagine there are hundreds of them only a few of them increases in price at the moment.
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