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Topic: Spending Bitcoins - page 34. (Read 101106 times)

sr. member
Activity: 440
Merit: 250
April 17, 2017, 06:46:30 PM
I used to think that spending Bitcoin will really help the economy of Bitcoin and I am right about it, but the problem lies if we spend a lot, we are wasting our precious satoshi to transaction fees.  Transaction fee is quite high at this moment, so if it is not that important, in my opinion, we should not move our Bitcoin to save huge amount of Bitcoin for the future usage.
yes that can be right, but i think as in most of the places where the facilities of bitcoin to be use it in for shopping are not available in most of the area, so therefore people there save their bitcoin for the price increase and specially when the price of bitcoin is contentiously increasing.
full member
Activity: 144
Merit: 101
April 17, 2017, 05:07:26 PM
It would be really great if this currency will be used as like fiat money for day-to-day expenses. The problem is, we cannot spend bitcoins for small transactions because of the mining fees which would be very expensive in a longer point of view. I guess bitcoin would be better seen as your life savings or a bank for future purposes as we can see its price inflation as time goes by.
legendary
Activity: 1232
Merit: 1091
April 17, 2017, 04:56:47 PM
I used to think that spending Bitcoin will really help the economy of Bitcoin and I am right about it, but the problem lies if we spend a lot, we are wasting our precious satoshi to transaction fees.  Transaction fee is quite high at this moment, so if it is not that important, in my opinion, we should not move our Bitcoin to save huge amount of Bitcoin for the future usage.

The higher fees are not the only problem that lies in people spending their coins. Another problem is one that people seem to ignore -- merchants making use of third party payment processors. Main thing is that if we do happen to spend our coins on a massive scale, the coins that we send to these payment processors will eventually be sold, and thus negatively influence the market in the long run. Other than that, people should spend that what is the most convenient for them, and that's still fiat.
legendary
Activity: 2954
Merit: 1153
April 17, 2017, 04:26:27 PM
I used to think that spending Bitcoin will really help the economy of Bitcoin and I am right about it, but the problem lies if we spend a lot, we are wasting our precious satoshi to transaction fees.  Transaction fee is quite high at this moment, so if it is not that important, in my opinion, we should not move our Bitcoin to save huge amount of Bitcoin for the future usage.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
April 17, 2017, 04:23:50 PM
I am not spending my bitcoins at a moment in real world as there are no shops in my area that accepts bitcoins so I am spending them only on trading sites as the usage and acceptance of bitcoins is very limited in real world at a moment.

If you cannot spend them directly then you can sell them and convert them to fiat currency and the better option would be to have bitcoin debit card as it can be easily used at online as well as offline places for buying anything.

There are places in the world like as in Japan where is very easy to spend directly your coins. Recently, one of the biggest electronic retailer shop in conjunction with a bitcoin payment processor company they developed a new point-of-sale system (POS) that allow customers to purchase goods with bitcoin up to (900 usd). More here.
newbie
Activity: 42
Merit: 0
April 17, 2017, 03:12:12 PM
I am not spending my bitcoins at a moment in real world as there are no shops in my area that accepts bitcoins so I am spending them only on trading sites as the usage and acceptance of bitcoins is very limited in real world at a moment.

If you cannot spend them directly then you can sell them and convert them to fiat currency and the better option would be to have bitcoin debit card as it can be easily used at online as well as offline places for buying anything.

Yes, you are right - a debit card is very convenient. Thanks to such a card, you can order goods via the Internet.
But some people do not want to spend their bitcoins. They believe that soon the price will become very high. I also believe in it and do not spend bitcoins
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
April 17, 2017, 12:12:32 PM
I am not spending my bitcoins at a moment in real world as there are no shops in my area that accepts bitcoins so I am spending them only on trading sites as the usage and acceptance of bitcoins is very limited in real world at a moment.

If you cannot spend them directly then you can sell them and convert them to fiat currency and the better option would be to have bitcoin debit card as it can be easily used at online as well as offline places for buying anything.
hero member
Activity: 663
Merit: 501
quarkchain.io
April 17, 2017, 06:44:23 AM
I am not spending my bitcoins at a moment in real world as there are no shops in my area that accepts bitcoins so I am spending them only on trading sites as the usage and acceptance of bitcoins is very limited in real world at a moment.
hero member
Activity: 688
Merit: 500
April 17, 2017, 05:32:28 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
i think in most of the areas people still do not have good knowledge about bitcoin, i think bitcoin still need good introduction between the people so that they can start sing bitcoin

We alone cannot do anything to make people aware about bitcoins and if bitcoin needs to reach to each and every people then it needs a promotion at higher level and that can be done if bitcoin gets support from the media and news channels.
Bitcin doesn't need a high level promotion since it's popular enough that many people know it and they will use that if they are interested.

Oh really?? From where did you find that bitcoin is enough popular in all the corners of the world? The popularity of bitcoin is limited only to this forum and none from outside of this forum are aware about bitcoins yet and you should know that.
sr. member
Activity: 854
Merit: 267
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April 17, 2017, 05:27:12 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
i think in most of the areas people still do not have good knowledge about bitcoin, i think bitcoin still need good introduction between the people so that they can start sing bitcoin

We alone cannot do anything to make people aware about bitcoins and if bitcoin needs to reach to each and every people then it needs a promotion at higher level and that can be done if bitcoin gets support from the media and news channels.
Bitcoin doesn't need a high level promotion since it's popular enough that many people know it and they will use that if they are interested.
hero member
Activity: 788
Merit: 505
April 17, 2017, 05:06:26 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
i think in most of the areas people still do not have good knowledge about bitcoin, i think bitcoin still need good introduction between the people so that they can start sing bitcoin

We alone cannot do anything to make people aware about bitcoins and if bitcoin needs to reach to each and every people then it needs a promotion at higher level and that can be done if bitcoin gets support from the media and news channels.
hero member
Activity: 490
Merit: 500
April 17, 2017, 03:58:03 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
i think in most of the areas people still do not have good knowledge about bitcoin, i think bitcoin still need good introduction between the people so that they can start sing bitcoin
sr. member
Activity: 454
Merit: 251
April 16, 2017, 11:47:57 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
As time goes by, bitcoin could compete with fiat money as modernization develops. This innovstion is something that would relally make huge changes in future. Currently, people are adopting in bitcoin and as every people adopted it already, that's the time that we are capable to use it everyday.
hero member
Activity: 966
Merit: 501
April 16, 2017, 11:33:04 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return.
Like here in my country spending bitcoin is not yet available since there is no offline stores accepting bitcoin as form of payment yet but i can spend it by exchanging it to real money in my country of fiat.
But i can spend it by paying my bills, credit cards and loading my mobile phone for continuous access in bitcoin.

ya, i the same like you, in my country, I cannot use bitcoin for transactions, i just use bitcoin for online transaction, buy goods that i want, and doing the payment other, so i just hunt bitcoin and take it bitcoin for I change become fiat, may if bitcoin already accepted on my country, and can using bitcoin on offline store, market, and all store, it would greatly facilitate to use bitcoin. but for now, I just online transactions, or return invest or selling it, or be exchanged to money.. hopefully bitcoin fast growing and I can transaction bitcoin in all places.
hero member
Activity: 3052
Merit: 651
April 16, 2017, 08:28:46 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.

That is one of the problems into why bitcoin cannot move forward.
Pessimistic minds of other people. Just imagining how they can use it makes them back out.
Without any reason to where they could spend or use it, it will be harder to pull more investors.
It cannot be just Japan or China who will move forward. We need it to be global.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
April 16, 2017, 08:24:17 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return.
Like here in my country spending bitcoin is not yet available since there is no offline stores accepting bitcoin as form of payment yet but i can spend it by exchanging it to real money in my country of fiat.
But i can spend it by paying my bills, credit cards and loading my mobile phone for continuous access in bitcoin.
More users use their bitcoins in such a manner on their daily needs. Very few countries have got increased acceptance of bitcoin in offline stores. One of which seems to be Brazil. Now in the recent day Japan has got more marketplace accepting bitcoin generating more bitcoin user profiles.
hero member
Activity: 714
Merit: 531
April 16, 2017, 07:51:32 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return.
Like here in my country spending bitcoin is not yet available since there is no offline stores accepting bitcoin as form of payment yet but i can spend it by exchanging it to real money in my country of fiat.
But i can spend it by paying my bills, credit cards and loading my mobile phone for continuous access in bitcoin.
hero member
Activity: 756
Merit: 504
April 16, 2017, 04:17:51 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return.
Here on this forum we have many users those who cannot use this but still enjoying like me in our country we have very few peoples those who now about this and talking about this but we are using and doing things with this but for daily use we have to wait for some long time because things are not going to change very quickly its need some long time we have positive for this
hero member
Activity: 3052
Merit: 685
April 15, 2017, 11:03:28 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
Well, if you are not living in a develop countries like big countries you cannot fully enjoy spending your bitcoin. For me, I am already satisfied with my exchange since I can easily cash out my money and use it to buy things that I need, also when there are only few opportunity to spend, I was able to use my money in investing or trading which gives me a good return.
hero member
Activity: 560
Merit: 500
April 15, 2017, 10:31:23 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.

One reason i can pointout why  i cant use bitcoin in daily expenses is maybe the bitcoins is still developing in our country and bitcoins is still not well knowned and appriciate by other people here in my country.
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