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Topic: Spending Bitcoins - page 60. (Read 101079 times)

legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 30, 2016, 10:22:46 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
It is very hard for the price to get to that point, we might see the bitcoin price get to 1200$ just like in 2013.

It might go down we never know how things might happen , it all depends on how much people are  using it and how much investors are willing to invest effort and money into this future currency.
If and when we ever see that killer app for bitcoin then we might start to see some crazy prices but 100k now especially without the scaling debate sorted then no way, we may even start to see a drop of $100-200 in the new year.

I hate to see another price fall back anyway, especially when the price is very cheap, it does not help at all for the entire economy of bitcoin, we are slowly rising now and that represents success which we continue to achieve. The success must continue if this is not a manipulated price, I'm positive enough as that is how my investment will grow in the long term.
It's a good point you make about the manipulated price because that is exactly what happened last time we got up this high so let's hope we don't see anything of that magnitude again.

There has been talk about one or a couple of the bigger miners refusing to sell any coins causing the price to drive up but i don't know hoe much truth the stories have to them because i haven't seen much follow up.
sr. member
Activity: 476
Merit: 250
December 30, 2016, 09:26:01 PM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet.
Same with mine, lots of services which I can use bitcoin to pay for but it's all through a third-party exchange, which means the exchange first converts my coin to fiat and then they pay the service.
I have yet to see a service that directly accepts bitcoin.
But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
Hmm. I disagree. I personally use my coins whenever I want to, regardless of the price. But, it is indeed better when the price is high.  Grin
 
actually the facilities of bitcoin is not available everywhere to be use it as currency, but now bitcoin shops are opening everywhere. and hope that very soon this servies will be available everywhere.
Lighten up because the day will bitcoin increasingly popular as more and more people are adopting bitcoin, so it would have started a lot of people, companies, shops and others that will accept bitcoin, so you will be more easily spending bitcoin
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
December 30, 2016, 09:24:11 PM
Bitcoin going into circulation would always be better in the long run... Having people staying alive in this economy is even better.

To be honest it takes skill to obtain this currency with investing so most people would stick to consuming with it. To have an establishment there is much to gain off having physical commerce or even Bitcoin Teller Machines to get this ball rolling in your local area.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
December 30, 2016, 09:16:27 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
It is very hard for the price to get to that point, we might see the bitcoin price get to 1200$ just like in 2013.

It might go down we never know how things might happen , it all depends on how much people are  using it and how much investors are willing to invest effort and money into this future currency.
If and when we ever see that killer app for bitcoin then we might start to see some crazy prices but 100k now especially without the scaling debate sorted then no way, we may even start to see a drop of $100-200 in the new year.

I hate to see another price fall back anyway, especially when the price is very cheap, it does not help at all for the entire economy of bitcoin, we are slowly rising now and that represents success which we continue to achieve. The success must continue if this is not a manipulated price, I'm positive enough as that is how my investment will grow in the long term.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 30, 2016, 07:32:33 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
It is very hard for the price to get to that point, we might see the bitcoin price get to 1200$ just like in 2013.

It might go down we never know how things might happen , it all depends on how much people are  using it and how much investors are willing to invest effort and money into this future currency.
If and when we ever see that killer app for bitcoin then we might start to see some crazy prices but 100k now especially without the scaling debate sorted then no way, we may even start to see a drop of $100-200 in the new year.
hero member
Activity: 1022
Merit: 511
December 30, 2016, 05:45:01 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
It is very hard for the price to get to that point, we might see the bitcoin price get to 1200$ just like in 2013.

It might go down we never know how things might happen , it all depends on how much people are  using it and how much investors are willing to invest effort and money into this future currency.
full member
Activity: 177
Merit: 100
December 30, 2016, 12:22:29 PM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet.
Same with mine, lots of services which I can use bitcoin to pay for but it's all through a third-party exchange, which means the exchange first converts my coin to fiat and then they pay the service.
I have yet to see a service that directly accepts bitcoin.
But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
Hmm. I disagree. I personally use my coins whenever I want to, regardless of the price. But, it is indeed better when the price is high.  Grin
 
actually the facilities of bitcoin is not available everywhere to be use it as currency, but now bitcoin shops are opening everywhere. and hope that very soon this servies will be available everywhere.

I also think that every year the infrastructure will be developed and used Bitcoin will be very easy.
MMA
legendary
Activity: 1134
Merit: 1000
December 30, 2016, 11:33:45 AM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet.
Same with mine, lots of services which I can use bitcoin to pay for but it's all through a third-party exchange, which means the exchange first converts my coin to fiat and then they pay the service.
I have yet to see a service that directly accepts bitcoin.
But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
Hmm. I disagree. I personally use my coins whenever I want to, regardless of the price. But, it is indeed better when the price is high.  Grin
 
actually the facilities of bitcoin is not available everywhere to be use it as currency, but now bitcoin shops are opening everywhere. and hope that very soon this servies will be available everywhere.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 10:59:12 PM
Bitcoin technology is completely implemented in all the technologies even many people are not completely satisfied with bitcoin. Bitcoin prepaid is not an easy task implement because there will be lot of restriction from government. Many governments are keep checking blockchain technology whether it is possible to implement, even many big companies are also keep checking the blockchain technology. But surely one day we here some good news about bitcoin debit cards we have to wait and see.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 29, 2016, 10:49:29 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
Can't see bitcoin reaching the $100,000 you mentioned next year unless we see a massive disruption in the banking industry.

Haven't heard much from the Winklevoss twins and Gemini for awhile, Kim Dotcom says he has something in the works so 2017 could be an interesting year for bitcoin nevertheless. 
newbie
Activity: 39
Merit: 0
December 29, 2016, 06:04:47 PM
Spending bitcoins is good but I think that spending them right now is not so smart due to the price increasing you can better hold your full amount.
The price can always go down too, there are probably many people waiting for the price to reach $1000 again so they can dump everything they bought on the way up to the top last time.
Just use it as a currency, save some and spend some, no different to fiat.
I'm not sure if the price will reach that $ 1000,00 later this year. But in the following year is very likely that this value, and higher values will be achieved. It will all depend on how things will happen... If investors deliver the promised projects on time, Bitcoin is likely to gain a lot of media attention, and this can generate a very high demand.
hero member
Activity: 756
Merit: 503
Crypto.games
December 29, 2016, 05:52:51 PM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet.
Same with mine, lots of services which I can use bitcoin to pay for but it's all through a third-party exchange, which means the exchange first converts my coin to fiat and then they pay the service.
I have yet to see a service that directly accepts bitcoin.
But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
Hmm. I disagree. I personally use my coins whenever I want to, regardless of the price. But, it is indeed better when the price is high.  Grin
 
hero member
Activity: 1260
Merit: 524
December 29, 2016, 04:37:49 PM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet. But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.

This thinking of people like yours makes Bitcoin as a profitable assets just like gold. Why should we pay using Bitcoin when it's price is growing we should hold it assuming it is gold and sell this gold when price is very high.

I use Bitcoins as a fiat currency and not holding fully 40% of my bitcoin earning i keep for future investment and balance i convert it to fiat currency to meet may family expenses. and i think how much we use it that much the value of bitcoin will rise
hero member
Activity: 868
Merit: 500
December 29, 2016, 01:59:34 PM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet. But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.

This thinking of people like yours makes Bitcoin as a profitable assets just like gold. Why should we pay using Bitcoin when it's price is growing we should hold it assuming it is gold and sell this gold when price is very high.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 29, 2016, 06:59:39 AM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet. But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
As i have said many times before in this thread that the price could always go the other way too.
At this time during the last rally it would have been one of the best times to start spending your coins. so many people would have watched the price drop to about $200 thinking why didn't i just buy a few things when the price was $1000

Not saying we will see a drop like the 2014 one we seen even again but never say never.
full member
Activity: 158
Merit: 100
December 29, 2016, 06:19:45 AM
in my country there are services that accept Bitcoin. You can pay utility bills and to pay for internet. But, I do not do that, because I think is now stupid to spend their Bitcoins when the price for it is growing.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
December 29, 2016, 01:00:33 AM
Yes, there isn't a better time to spend bitcoins than X-Mas and as the price is souring higher and higher we could have value for money and purchase more for less.
Have you ever thought about giving away a paper wallet as a Xmas gift to a loved one, they can make a great present if you know how to create the correctly.
Thats good, I think spending bitcoin when black friday come is the best way in this month. We can buy the electronic stuff which we need. Or just buy something to be present for our family like you texted.
I would like to the Black Friday in Russia would be same like in America. Here it's provided just 3 years and discounts are very small. But I would not spend my bitcoins for that. I spend my bitcoins same as my salary - paying bills and buying staff whenever I need. There is no target to me to save as much as it possible.
It's great to hear that another members spends his coins just as if it were fiat cash he was spending, that is really what bitcoin what designed for, so that the people who work hard for their money doesn't have to pay a middle man to dish it out to him at a fee when needed.

Are you in Russia or USA?
hero member
Activity: 756
Merit: 520
December 28, 2016, 06:56:59 PM
Yes, there isn't a better time to spend bitcoins than X-Mas and as the price is souring higher and higher we could have value for money and purchase more for less.
Have you ever thought about giving away a paper wallet as a Xmas gift to a loved one, they can make a great present if you know how to create the correctly.
Thats good, I think spending bitcoin when black friday come is the best way in this month. We can buy the electronic stuff which we need. Or just buy something to be present for our family like you texted.
I would like to the Black Friday in Russia would be same like in America. Here it's provided just 3 years and discounts are very small. But I would not spend my bitcoins for that. I spend my bitcoins same as my salary - paying bills and buying staff whenever I need. There is no target to me to save as much as it possible.

Indeed a good advantage to have that we should be able to use the smart way of thinking. For if we cannot think properly then everything will end in a loss. and spending is way worst bitcoin according to me, for if we spend bitcoin for things that are not useful then we will lose the opportunity of getting a big advantage.And it's also you already know before, that makes us get a lot of advantage is because price changes are different in which everything is bitcoin can benefit from it all
 
sr. member
Activity: 294
Merit: 250
December 28, 2016, 06:43:42 PM
Yes, there isn't a better time to spend bitcoins than X-Mas and as the price is souring higher and higher we could have value for money and purchase more for less.
Have you ever thought about giving away a paper wallet as a Xmas gift to a loved one, they can make a great present if you know how to create the correctly.
Thats good, I think spending bitcoin when black friday come is the best way in this month. We can buy the electronic stuff which we need. Or just buy something to be present for our family like you texted.
I would like to the Black Friday in Russia would be same like in America. Here it's provided just 3 years and discounts are very small. But I would not spend my bitcoins for that. I spend my bitcoins same as my salary - paying bills and buying staff whenever I need. There is no target to me to save as much as it possible.
full member
Activity: 179
Merit: 100
December 28, 2016, 05:05:27 PM

I have the same problem, in my country there are not too many options to spend my bitcoins.  However that does not worry me much since I am determined to save my coins as much as possible because for me they are a safe way to save my money in the medium term rather than a way to cover my daily expenses.


It is a common problem to the bitcoin users nowadays, but for sure time will come it will be solve and be easy for the user to spend it. And it is also good for you to know that despite of this problem you have you can save it in that way. And time will come if you have it amount in bitcoin for sure the value of it is already big.


If such a way to hide their incomes and savings from the state, it is still possible to understand, but I honestly speaking a little bit afraid of all that I have, all my money was transferred to bitcoin. Yes, even now there is a problem in the purchase bitcoin. Not everyone wants to sell it. Everyone is waiting for the promising future prices.
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