Spending Bitcoins - page 64. | Bitcointalksearch.org

skyway1

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Quote from: Zulucia on December 14, 2016, 04:15:15 AM

Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

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.

BitcoinPanther

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Quote from: deadpoolx on December 17, 2016, 03:49:02 PM

Quote from: Positid on December 14, 2016, 11:53:56 PM

Quote from: Boss CJ on December 14, 2016, 09:41:37 AM

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.

One of the greatest advantages of Bitcoin, as you said, is the possibility of converting it to fiat. And that applies to almost every fiat currency we know. In most countries where the individual is going to visit, he may use Bitcoin to cover his daily expenses, the only requirement is that he is willing to pay the exchange rate for the local currency.

Yes that is the beauty of being international/universal/global currency (even if it is not officially recognized by the government), You can exchange it anywhere as long as there is a bitcoin exchange in that country. Though the problem with bitcoin as stated is lack of local stores that accept it so that we don't have to use exchange and use bitcoin directly. 3% fee is too much especially now that bitcoin price is increasing.

deadpoolx

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Quote from: Positid on December 14, 2016, 11:53:56 PM

Quote from: Boss CJ on December 14, 2016, 09:41:37 AM

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.

One of the greatest advantages of Bitcoin, as you said, is the possibility of converting it to fiat. And that applies to almost every fiat currency we know. In most countries where the individual is going to visit, he may use Bitcoin to cover his daily expenses, the only requirement is that he is willing to pay the exchange rate for the local currency.

usefrees

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Quote from: virtualkeybuyer on December 17, 2016, 03:31:47 PM

Quote from: Positid on December 14, 2016, 11:53:56 PM

Quote from: Boss CJ on December 14, 2016, 09:41:37 AM

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

virtualkeybuyer

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Quote from: Positid on December 14, 2016, 11:53:56 PM

Quote from: Boss CJ on December 14, 2016, 09:41:37 AM

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.

coinplus

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Quote from: dihari on December 08, 2016, 08:33:22 PM

There is not much online store accepting bitcoin as it payment in my country. Moreover offline store.
The service like hotels room is just in 2 place that accept bitcoin.
So, how I can spend bitcoin everyday.

Yes I think that is the problem most of the people are facing, but to me I think there are a number of online shops who provide delivery services and you can just order stuff form their store and they will deliver it to you at your home.

And for local shops you need to introduce bitcoin in your area, so that people may start using it and if the number of bitcoin users is increasing in your area then people will start thinking about bitcoin business and will start accepting bitcoin in for shopping in their shops.

Positid

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Quote from: Boss CJ on December 14, 2016, 09:41:37 AM

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.

Boss CJ

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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.

olushakes

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What I do basically n spending the little Bitcoin I have been able to garnered is like any other person living in any country that Bitcoin is not fully accepted and we cannot even go to store to buy with it. So, I am left with the option of just converting to Fiat from reputable exchange sites if I need cash urgently or I wait till when a friend needs one and get across to me sell in exchange for cash.

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Quote from: freedomgo on December 14, 2016, 06:55:40 AM

Quote from: Zulucia on December 14, 2016, 04:15:15 AM

Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.

That's a conservative saving percentage, I think that would be easy with discipline savings process.

I cant do this kind of saving percentage regarding into my bitcoin since im quiet a spender since its already holiday season and i really need to spend some of my bitcoin but still i wont encash or spend all of it just only a partition since i do only buy important needs.

Labumi

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Quote from: xIIImaL on December 14, 2016, 08:02:55 AM

Quote from: Zulucia on December 14, 2016, 04:15:15 AM

Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.

If you wish to spend that 10% bitcoins also you need online medium to use. I could wish bitcoin to use in offline stores also. I usally spend my bitcoins when I do have amount to recharge the dth or mobile via bitrefill sire. I guess I is working in the most of the countires.

Yeah, it does now is still very little or perhaps no offline store that accept bitcoin as one alternative to any transactions carried out in the store. But it is not something an error for all people that are in the offline store, because I know that all of the offline store takes a lot of cost and they want immediately all goods sold in order to be able to have a lot of material to be able to give a lot of advantages to all its customers. Just wait and hope it is not too long to wait

xIIImaL

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Quote from: Zulucia on December 14, 2016, 04:15:15 AM

Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.

If you wish to spend that 10% bitcoins also you need online medium to use. I could wish bitcoin to use in offline stores also. I usally spend my bitcoins when I do have amount to recharge the dth or mobile via bitrefill sire. I guess I is working in the most of the countires.

freedomgo

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Quote from: Zulucia on December 14, 2016, 04:15:15 AM

Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.

That's a conservative saving percentage, I think that would be easy with discipline savings process.

Zulucia

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Quote from: bitbunnny on December 11, 2016, 01:52:59 PM

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.

Maybe it is better to save 90% and spend 10% on a monthly basis. After you spend, you buy back later.

Vikingr

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Activity: 798

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Quote from: DrGuns4Hands on December 11, 2016, 07:56:37 AM

right now im just currently using and spending it when buying steam wallets, load for my mobile telecom, garena shells and when paying bills like our electricity and much more. but i would also like to use it when buying on restaurant or cafe but i dont know if there's a debit card for that. im still looking forward till i can use my bitcoins in a lot of retailers and specially in market.

A debit card for bitcoin is available you can check them in the exchange and web wallet section there are a number of announcement for promoting their debit cards so if your restaurants are accepting any bank card then you can get one bitcoin card and can easily use it at those places in your country or any place where it is accepted.

katrimans

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Quote from: xIIImaL on December 08, 2016, 11:01:11 PM

Quote from: OrangeII on December 08, 2016, 09:20:00 PM

Quote from: dihari on December 08, 2016, 08:33:22 PM

There is not much online store accepting bitcoin as it payment in my country. Moreover offline store.
The service like hotels room is just in 2 place that accept bitcoin.
So, how I can spend bitcoin everyday.

Well, it also happened to me, but I only redeem bitcoin I have, then spend the money from the bitcoin exchange. I think, so many ways to use, and spend a bitcoin today. Well, it's been a lot of people who know about bitcoin, so it is very easy to use

That too in online only right. I didn't noticed any offline stores and businesses here in my country. However, I wish Bitcoin to get implement through out the world to use like PayPal and normal fiat.

In a limited area where the users of bitcoin are in majority the facilities of bitcoin to be used in local shops are available, otherwise in most of the area bitcoin facilities are not available to be used in local shops, but as we can analyze that the users of bitcoin are increasing from time to time and we can expect that very soon bitcoin shops will be available everywhere and then we will be able to use bitcoin in our local shops too.

bitbunnny

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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.

crairezx20

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Quote from: posternat on December 11, 2016, 01:36:09 PM

Quote from: crairezx20 on December 11, 2016, 12:58:21 PM

Quote from: MFahad on December 11, 2016, 12:43:09 PM

Quote from: ?? on ??

this time I do not plan to spend bitcoin I have. after all,
at this point I do not have a lot of bitcoin. maybe better I use it for
trading or investments that bitcoin I have more and more. I also feel that,
at this time is not the time to spend a bitcoin, because there are still many things that need to be done for a beginner

Even me, I do not have enough but then, once I have big bitcoin in my wallet I will not spend it but I will invest it so it will be generated and have income with out doing anything and it can help the community of bitcoin.

For me actually i already use bitcoin and spend for some online activity buying hosting and domain.
But my priority is not spending a large amount just to save more because the price of bitcoin is gradually increasing and i think more price will come soon just like other said bitcoin will be touch to 800 to 1k value..

Yes true. Spending is like invest it to some real and trust worthy investment group so time will come your money will be doubled
and will help the community of bitcoin.

Almost all investment has a risk we can not say they are trusted unless if you are investing in local banks that you can get only small interest every year.. for me it is better to save your bitcoin and sell them if the price is high and buy again if the price is low.. or better to use it in trading to increase the amount but first you should learn how to trade.. it still risky but it is not the same as investment site or you gamble it..

posternat

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Quote from: crairezx20 on December 11, 2016, 12:58:21 PM

Quote from: MFahad on December 11, 2016, 12:43:09 PM

Quote from: ?? on ??

this time I do not plan to spend bitcoin I have. after all,
at this point I do not have a lot of bitcoin. maybe better I use it for
trading or investments that bitcoin I have more and more. I also feel that,
at this time is not the time to spend a bitcoin, because there are still many things that need to be done for a beginner

Even me, I do not have enough but then, once I have big bitcoin in my wallet I will not spend it but I will invest it so it will be generated and have income with out doing anything and it can help the community of bitcoin.

For me actually i already use bitcoin and spend for some online activity buying hosting and domain.
But my priority is not spending a large amount just to save more because the price of bitcoin is gradually increasing and i think more price will come soon just like other said bitcoin will be touch to 800 to 1k value..

Yes true. Spending is like invest it to some real and trust worthy investment group so time will come your money will be doubled
and will help the community of bitcoin.

crairezx20

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Quote from: MFahad on December 11, 2016, 12:43:09 PM

Quote from: ?? on ??

this time I do not plan to spend bitcoin I have. after all,
at this point I do not have a lot of bitcoin. maybe better I use it for
trading or investments that bitcoin I have more and more. I also feel that,
at this time is not the time to spend a bitcoin, because there are still many things that need to be done for a beginner

Even me, I do not have enough but then, once I have big bitcoin in my wallet I will not spend it but I will invest it so it will be generated and have income with out doing anything and it can help the community of bitcoin.

For me actually i already use bitcoin and spend for some online activity buying hosting and domain.
But my priority is not spending a large amount just to save more because the price of bitcoin is gradually increasing and i think more price will come soon just like other said bitcoin will be touch to 800 to 1k value..

Topic: Spending Bitcoins - page 64. (Read 101106 times)