Pages:
Author

Topic: Spending Bitcoins - page 63. (Read 101079 times)

hero member
Activity: 518
Merit: 500
December 19, 2016, 11:20:50 AM
I want to use bitcoin to pay my tuition but there's no option and there's a lot of choices to make and to spend with my bitcoin still waiting till bitcoin will be recognize on all companies so I can use it . I want to order something on a online shop which is lazada but there's no option for bitcoin payment so the one that I do Is cashing out my money then cashondeliver but its to hassle I want to order directly and pay with my bitcoin. but theres no option hoping one day I could use it on everyday life.

Here in my country you can do that, because the local exchange here in my country are connected with banks and as well as reputable universities. I want to do the same to pay my brother's tuition fee but it is only applicable to those reputable universities since my brother isn't studying there for he is just on a state college, I'm not able to avail that service.
It is good to hear about that. It is extremely hard to find a person who is willing to sell Bitcoin in my country and there is no local exchange here because of the laws which restrict people to spending Bitcoin here so that means there is no way to spend Bitcoin in my country. I usually use Bitcoin on the internet to buy some digital goods and some useful things for myself and I find it very convenient to buy something with Bitcoin
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
December 18, 2016, 09:29:02 PM
I want to use bitcoin to pay my tuition but there's no option and there's a lot of choices to make and to spend with my bitcoin still waiting till bitcoin will be recognize on all companies so I can use it . I want to order something on a online shop which is lazada but there's no option for bitcoin payment so the one that I do Is cashing out my money then cashondeliver but its to hassle I want to order directly and pay with my bitcoin. but theres no option hoping one day I could use it on everyday life.

Here in my country you can do that, because the local exchange here in my country are connected with banks and as well as reputable universities. I want to do the same to pay my brother's tuition fee but it is only applicable to those reputable universities since my brother isn't studying there for he is just on a state college, I'm not able to avail that service.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
December 18, 2016, 09:17:47 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.

That's a common problem, but that doesn't stop us from using bitcoin right? places to use bitcoin isn't a problem as long as you can still find a way to use it in any way. Actually consider your self lucky if you are saving bitcoin and you are living in a place where there is not much merchant where you can use it, with that you will conserve everything you have and thinking twice before converting it to fiat.
hero member
Activity: 966
Merit: 507
December 18, 2016, 06:26:13 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.
hero member
Activity: 1008
Merit: 540
December 18, 2016, 05:09:18 PM
I want to use bitcoin to pay my tuition but there's no option and there's a lot of choices to make and to spend with my bitcoin still waiting till bitcoin will be recognize on all companies so I can use it . I want to order something on a online shop which is lazada but there's no option for bitcoin payment so the one that I do Is cashing out my money then cashondeliver but its to hassle I want to order directly and pay with my bitcoin. but theres no option hoping one day I could use it on everyday life.
sr. member
Activity: 476
Merit: 250
December 18, 2016, 04:45:21 PM
Visa-accredited bitcoin debit cards are heaven sent on spending using your own bitcoins. It removes the limitations on where you can use your bitcoin and at the same time, it's convenient and fast to use. All you need to do is load up your bitcoin debit card (like Xapo) and go on a shopping spree just like havig a credit card. Also, more and more bitcoin-accwpting stores are popping up in every country so it shouldn't be hard to spend it anyways.
If the issue and circulation of currency bitcoin does not depend on the regulators and completely decentralized, how it will affect the value of the purchased goods, especially when prices cryptocurrency, little mention is still not stable.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
December 18, 2016, 04:43:58 PM
Visa-accredited bitcoin debit cards are heaven sent on spending using your own bitcoins. It removes the limitations on where you can use your bitcoin and at the same time, it's convenient and fast to use. All you need to do is load up your bitcoin debit card (like Xapo) and go on a shopping spree just like havig a credit card. Also, more and more bitcoin-accwpting stores are popping up in every country so it shouldn't be hard to spend it anyways.
full member
Activity: 138
Merit: 100
December 18, 2016, 04:22:42 PM
For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.
Recently I encountered in the network with advertising and the official site of one of their stores in the country and was very surprised that in addition to all the other usual methods of payment for the goods, they are already taking bitcoin. And this at a time when the government is officially still nothing decided.
sr. member
Activity: 1400
Merit: 283
December 18, 2016, 04:02:21 PM
For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.
full member
Activity: 152
Merit: 100
December 18, 2016, 04:00:51 PM
And how to spend bitcoin in the country where it is not recognized currency. Perhaps it would be better to change to dollars or another currency, only to be big losses on interest in the exchange. I do not know much about such things, but it would be good to go by the defeated countries, where the bitcoin enthusiasts opportunities for a lot longer.
hero member
Activity: 756
Merit: 501
December 18, 2016, 03:44:01 PM
I'm glad that in my country there is already an app where we can use bitcoins to pay for utility bills and prepaid load. I don't have these automatically deducted from my bank account so I can just pay out of my wallet rather than use cash.

Wow it's good news. In some country we can use bitcoin for payment but only for some outlet
In my country I can easily use my bitcoins for recharging my mobile phone and can easily use it for shopping online but for paying bills it is nowadays hard to find any place so for that reason and some others I often use cash for which I need to sell some bitcoins.
Till the moment i dont know if there is any similiar service being offered, i had read recently some projectes into developement that should provide those service, but my problem is now trust, something they must get before i invest into them. But if i need money i can contact local buyer and i will exchange my bitcoins into fiat almost instant.
hero member
Activity: 826
Merit: 502
December 18, 2016, 03:37:24 PM
I'm glad that in my country there is already an app where we can use bitcoins to pay for utility bills and prepaid load. I don't have these automatically deducted from my bank account so I can just pay out of my wallet rather than use cash.

Wow it's good news. In some country we can use bitcoin for payment but only for some outlet
In my country I can easily use my bitcoins for recharging my mobile phone and can easily use it for shopping online but for paying bills it is nowadays hard to find any place so for that reason and some others I often use cash for which I need to sell some bitcoins.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
December 18, 2016, 03:32:16 PM
I'm glad that in my country there is already an app where we can use bitcoins to pay for utility bills and prepaid load. I don't have these automatically deducted from my bank account so I can just pay out of my wallet rather than use cash.

That's good to find an app supporting bitcoin transaction over the local market for its needs of purchase. In some countries based upon the growth acceptance vary often. These days users who have interest in app creation can try making a good app for a better earning.
hero member
Activity: 658
Merit: 500
December 18, 2016, 03:30:08 PM
I'm glad that in my country there is already an app where we can use bitcoins to pay for utility bills and prepaid load. I don't have these automatically deducted from my bank account so I can just pay out of my wallet rather than use cash.

Wow it's good news. In some country we can use bitcoin for payment but only for some outlet
sr. member
Activity: 1036
Merit: 279
December 18, 2016, 03:27:46 PM
I'm glad that in my country there is already an app where we can use bitcoins to pay for utility bills and prepaid load. I don't have these automatically deducted from my bank account so I can just pay out of my wallet rather than use cash.
sr. member
Activity: 258
Merit: 250
December 18, 2016, 03:23:42 PM
It just seems that there may be a problem in order to spend a bitcoin. The main problem is the number, and then later the price on the market. Because no one wants to be the loser. If there is demand, then there is a supply.
hero member
Activity: 630
Merit: 500
December 18, 2016, 03:10:32 PM
Bitcoin function in our daily life has still limitations especially here in our country. There are lots of things that I wanna do online but I can't use my bitcoin wallet, so I am just transferring it thru cash wallet so I can access/use it, the good thing is it is easy to transfer and no time limit.
It's easy to transfer our earnings in bitcoin to fiat. That's something solves the issue of the bridging between fiat and crypto. We all depend on fiat, with fiat we cannot spend our bitcoins for our daily expenses, our basic expenses are not catered in online transaction as some of it are just minor in terms of amount.
There are a lot of place on internet where we can use our bitcoins and where we can buy good for our daily needs so for any thing which you will need to buy search on google or ask here and you will find that website to order that. Nowadays I think almost everything is available with bitcoin payment.
in most of the countries bitcoin can only be used through online but in realy life the uses of bitcoin is very rare, the reason is that the facilities of using bitcoin is not available in all the areas of the world/
hero member
Activity: 630
Merit: 500
December 18, 2016, 02:23:51 PM
Bitcoin function in our daily life has still limitations especially here in our country. There are lots of things that I wanna do online but I can't use my bitcoin wallet, so I am just transferring it thru cash wallet so I can access/use it, the good thing is it is easy to transfer and no time limit.
It's easy to transfer our earnings in bitcoin to fiat. That's something solves the issue of the bridging between fiat and crypto. We all depend on fiat, with fiat we cannot spend our bitcoins for our daily expenses, our basic expenses are not catered in online transaction as some of it are just minor in terms of amount.
There are a lot of place on internet where we can use our bitcoins and where we can buy good for our daily needs so for any thing which you will need to buy search on google or ask here and you will find that website to order that. Nowadays I think almost everything is available with bitcoin payment.

Unfortunately, not all countries have the opportunity to buy goods for Bitcoin. In poor countries, Bitcoin is not yet popular. This reduces the possibility of spending Bitcoins
in most of the countries not only in backward countries but in so many advanced countries bitcoin facilities to be use it as fiat for shopping in our local market is not available. i think still it will take some good time to use bitcoin for shopping for local markets.
hero member
Activity: 2856
Merit: 667
December 18, 2016, 09:13:14 AM
For me it's crucial to find some balance between spending and saving, that way you will profit the most. If you are skilled you can trade and invest and grow your Bitcoins. The earnings you can invest further or save for the future and wait for the price to rise even more. It's also good to spend some coins thus they are circulating within the Bitcoin community. Holiday season is coming I believe we will all spend a part of our coins.  Smiley

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.
you are right that save your 90% bitcoin is good for the future because bitcoin increasing its value too much higher on daily base and now people just saving their bitcoin for higher price and i am sure bitcoin will grow up and all bitcoin users will be get a good profit if they hold their all bitcoin for the future.
That would be great if you are really earning much of your salary that being a bitcoin user is just only one of your other income. With that you can really save the 90% of your bitcoin earnings. But if these bitcoin is your bread and butter that is hard to do, maybe atleast commit 30% of your bitcoin earnings should save for your future.
The reality is, our venture in the crypto world is very risky but it can give us good reward if we succeed. But to be safe, do not just rely with one source of income, it is still advisable to have a job for us to ensure that we will be receiving a consistent income and with us having a job it would be easy for us to save and it's possible we can start with investing bigger amount that can give us a decent earnings.
full member
Activity: 126
Merit: 100
December 18, 2016, 08:26:30 AM
For me it's crucial to find some balance between spending and saving, that way you will profit the most. If you are skilled you can trade and invest and grow your Bitcoins. The earnings you can invest further or save for the future and wait for the price to rise even more. It's also good to spend some coins thus they are circulating within the Bitcoin community. Holiday season is coming I believe we will all spend a part of our coins.  Smiley

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.
you are right that save your 90% bitcoin is good for the future because bitcoin increasing its value too much higher on daily base and now people just saving their bitcoin for higher price and i am sure bitcoin will grow up and all bitcoin users will be get a good profit if they hold their all bitcoin for the future.
That would be great if you are really earning much of your salary that being a bitcoin user is just only one of your other income. With that you can really save the 90% of your bitcoin earnings. But if these bitcoin is your bread and butter that is hard to do, maybe atleast commit 30% of your bitcoin earnings should save for your future.
Pages:
Jump to: