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Topic: Spending Bitcoins - page 19. (Read 101106 times)

full member
Activity: 294
Merit: 100
November 23, 2017, 09:49:26 AM
I want to use this bitcoin also as a daily expense but there are few reasons i cannot do it, like the following;

1. I want to hold my bitcoins for at least one year for future transactions
2. I want to grow my money more and earn more
3. I want to see if i can reached my target amount of bitcoin 
member
Activity: 139
Merit: 11
November 23, 2017, 09:42:30 AM
Well the basic way is to prevent yourself. Setting goals such as 'I want to achieve this and this and this'. This will somehow prevent you or stops you to spend it in something that you don't need at all.
hero member
Activity: 768
Merit: 1000
November 23, 2017, 08:56:17 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.

The reasons why you could not use bitcoin for day to day expenses,  as bitcoins prices are fluctuating a lot,  hence many places are present where still bitcoins is not acceptable. There are still many brands and organisations where bitcoin is not accepted as payment method.  In many countries bitcoin is still not acceptable,  bitcoin is not even legalise in many countries.  Many countries under the threat of bitcoin still don't accept bitcoin. So I guess these are plenty of reasons to use bitcoins.
full member
Activity: 434
Merit: 105
November 23, 2017, 05:46:31 AM
Spending bitcoins is so happy because after all your effort you will get money and you can build house you can buy whatever you want you cant help people who is really needy...share to some churches like ministry...

Wow you're really a good kind of people and rarely case that still have a big heart to offer a share into a church. You have a bright future kid as long as you won't lose hope and continue your journey here bitcoin forum. Someday you can meet a,campaign that may help you to be your dream will come true and I guess that you mentioned house and lot is your dream. Keep up the good work and some you will meet the expectation.
member
Activity: 154
Merit: 10
November 23, 2017, 05:22:58 AM
Spending bitcoins is so happy because after all your effort you will get money and you can build house you can buy whatever you want you cant help people who is really needy...share to some churches like ministry...
newbie
Activity: 15
Merit: 0
November 23, 2017, 05:19:08 AM
Spending bitcoins is very easy and i believe that if i get my first bitcoin i will buy a car with it in my country second hand cars are very cheap so i will still have like 6k left after i bought the car and i will party with all that money because i am still young and i can.
full member
Activity: 606
Merit: 108
November 23, 2017, 05:17:20 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.

In the country I have not been able to shop freely using bitcoin, shops and restaurants have not been able to accept bitcoin as a means of payment. because bitcoin is not legal in the country where I live, so if you want to shop I have to change the bitcoin into fiat money. then I can shop freely, if bitcoin can be legal maybe I can shop anything I want by using bitcoin.
newbie
Activity: 14
Merit: 0
November 23, 2017, 04:50:52 AM
Spending bitcoins is very easy because bitcoins are worth a lot so you can buy a lot with it or you can sell one and pay your rent with it for like 8 months or even more that is how much bitcoin is worth that is how good this is.
member
Activity: 179
Merit: 10
November 23, 2017, 04:23:27 AM
Especially when applying for a bitcoin here I'm not spending or releasing money,for me to just come in here my own way.and it is not this way to spend and even more not spending a bitcoin .it is still necessary that bitcoin money I exchange in the money before you spending in virtual to currency .that's the way spending your money and just do not spending in bitcoin  money...after all thank you so much for bitcoin spend with us ,when exchange to the money .there's no one is spending bitcoin .but you spend time with bitcoin all the days you have done ...
full member
Activity: 518
Merit: 104
PUFFY FINANCE
November 22, 2017, 05:33:06 AM
I'm focusing on saving more bitcoins now than spending.
I spent some of my bitcoins last year and up to now i'm still regretting and why should i spend it now?
hero member
Activity: 952
Merit: 503
November 22, 2017, 04:47:25 AM
Thank you for typing having a megaphone, you have to fel big.At this time I'd be fairly irritated and  just a little worried at just how this really laying out. Not sure in the Devs, bridal party not transferred, emails not answered. Is it............. gone?is pe
As people will start using bitcoin as currency and this step will be initiative to the modern world and on top of it as this trend will be get started then there will be more pump in the prices because people will not only hold their coin they will use their coins as payment also and amazon started this trend that it is accepting it as payment and people are buying through bitcoin and this thing is give more progress to btc.
full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
November 21, 2017, 07:25:00 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.


Because they wont accept the money? I will start using it when it gets mainstream acceptance and I can go to my local supermarket and pay with BTC. That is when I will consider it a mega currency that cannot be stopped.
hero member
Activity: 759
Merit: 505
November 21, 2017, 06:59:13 PM
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
I actually not spending bitcoin for not neccessary things i actually save it than to spend it because i have nothing to buy except for food but the food not my obligation to buy its on my parents so i can save money but sometimes i spend it to buy things that i want like new gadget like cellphone and new clothes that fits in my style.

If you have bitcoins then its good to spend it sometimes as we are earning it for the same reason that it can help us whenever we want to buy something or are in need of money but I still believe that if you have your income in fiat and bitcoin is an additional source of income for you then its good to spend fiat for buying things and save bitcoins for the future as the best time to spend bitcoin is when it goes much higher in future so even with small amount we would be in position to get many more things.
sr. member
Activity: 1050
Merit: 286
November 21, 2017, 06:52:49 PM
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
I actually not spending bitcoin for not neccessary things i actually save it than to spend it because i have nothing to buy except for food but the food not my obligation to buy its on my parents so i can save money but sometimes i spend it to buy things that i want like new gadget like cellphone and new clothes that fits in my style.
hero member
Activity: 625
Merit: 501
November 21, 2017, 06:22:48 PM
Spending bitcoins is very easy for me because i exactly know what i want to do with them i want to go on a world tour and i have that advice also from someone who is on this forum someone ever posted what if you could go on a world tout and i knew i wanted that.
It’s hard to spend bitcoin, because you can’t find a site or place where it is being accepted. But if you have the Bitcoin debit card that is being issued out by companies like Xapo, Coinbase, Bitpay and the rest of them (which functions as banks for Bitcoin) then every impossible things becomes possible. I have been able to do a lot of things with Xapo debit card, the only problem is the fees.

I can use it on Playstore and iTunes, I can also use it in online stores where credit cards/debit card are required. But spending it won’t make the lots of people adopt it, Bitcoin will grow whenever it meant to grow, you can’t do anything about that one.
Today, spending your Bitcoin without exchange to FIAT is really hard, but if Bitcoin can becomes famous, the Bitcoin community will grow more and more retailer will also accept Bitcoin to earn more it. In future, my imagination can become the truth if the devs of Bitcoin all want to help this cryptocurrency become the strongest cryptocurrency without old system as now.
hero member
Activity: 998
Merit: 504
November 21, 2017, 01:55:14 AM
Spending bitcoins is very easy for me because i exactly know what i want to do with them i want to go on a world tour and i have that advice also from someone who is on this forum someone ever posted what if you could go on a world tout and i knew i wanted that.
It’s hard to spend bitcoin, because you can’t find a site or place where it is being accepted. But if you have the Bitcoin debit card that is being issued out by companies like Xapo, Coinbase, Bitpay and the rest of them (which functions as banks for Bitcoin) then every impossible things becomes possible. I have been able to do a lot of things with Xapo debit card, the only problem is the fees.

I can use it on Playstore and iTunes, I can also use it in online stores where credit cards/debit card are required. But spending it won’t make the lots of people adopt it, Bitcoin will grow whenever it meant to grow, you can’t do anything about that one.
sr. member
Activity: 756
Merit: 253
November 20, 2017, 12:11:07 PM
Of course,I will definitely spend my Bitcoin because I have the necessities of life such as for buy food,drink and many more needs that I have.
this is certainly a common thing for everyone that they certainly have the necessities of life,and for people who have Bitcoin of course they will spend their Bitcoin to meet their own needs and the method of payment with this bitcoin not everyone receives it with Bitcoin.

Currently it doesn't make much sense to spend them on the daily basis as the price per transactions are very high and it has the potential to grow in value and spending now makes you loose the opportunity for a greater value tomorrow.
sr. member
Activity: 438
Merit: 250
November 20, 2017, 11:20:14 AM
Of course,I will definitely spend my Bitcoin because I have the necessities of life such as for buy food,drink and many more needs that I have.
this is certainly a common thing for everyone that they certainly have the necessities of life,and for people who have Bitcoin of course they will spend their Bitcoin to meet their own needs and the method of payment with this bitcoin not everyone receives it with Bitcoin.
every person must have the necessities of life. so of course the bitcoin results will be used to meet our needs. because every bitcoiners here must follow the bitcoin to meet their life needs. live in this world as far as I know nothing is free. for example we die must also pay. so life does have a need, in addition to our needs also must leave half of the results we can for the needs of life in the future as well.
sr. member
Activity: 938
Merit: 256
November 20, 2017, 10:40:12 AM
Of course,I will definitely spend my Bitcoin because I have the necessities of life such as for buy food,drink and many more needs that I have.
this is certainly a common thing for everyone that they certainly have the necessities of life,and for people who have Bitcoin of course they will spend their Bitcoin to meet their own needs and the method of payment with this bitcoin not everyone receives it with Bitcoin.
hero member
Activity: 966
Merit: 500
November 18, 2017, 03:57:22 PM
Most of people spend their bitcoin when they need or in case of emergency. Bitcoin is a source of holding more we hold more we earn .
I my self hold my all bitcoins and spend them when i feel something i need really important and urgent. Half of people exchange it with cash because there's only few sites on internet who offer bitcoin as payment method . Not everyone accept bitcoin so conversation in fiat is what most people has to do first.

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Unfortunately I do not have the option of doing this right now. Well, sort of. Although hopefully in the near future I will be able to hold more and more Bitcoin as savings and do not need to sell them to pay for rent, food, etc. like I do now.

Imagine going back to 2010 when that guy paid 10,000 Bitcoin for a pizza. On one hand, if he didn't do this he would be a multimillionaire right now, but also Bitcoin might not even be what it is today if things like this didn't happen in the beginning.
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