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Topic: Spending Bitcoins - page 67. (Read 101106 times)

hero member
Activity: 1008
Merit: 500
December 04, 2016, 12:16:51 AM
Been using bitcoin in my everyday loving. I used my bitcoin everyday to top up my phone. Buying game cards and paying my electricity bill using coins.ph here in the philippines.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
December 03, 2016, 11:28:38 PM
yess we should  spend bitcoins on a daily basis  .not at on the daily basis but on the monthly basis .this is very good for me  becausei will be able to spend my bitcoins on the necessary  things i wanna enjoy my life and because life is one .so enjoy it to  the fullest.


Also because if you just keep it, the value will decrease and the entire economy will be affected with this. There is no benefit for the society if you just keep on holding for your own beneficent.
full member
Activity: 196
Merit: 100
December 03, 2016, 10:47:03 PM
yess we should  spend bitcoins on a daily basis  .not at on the daily basis but on the monthly basis .this is very good for me  becausei will be able to spend my bitcoins on the necessary  things i wanna enjoy my life and because life is one .so enjoy it to  the fullest.
hero member
Activity: 1806
Merit: 672
December 03, 2016, 09:56:06 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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
You are right. People around us must be feels usual with bitcoin. At this time the most easy way to buy goods using bitcoin is in online shop. Mass adoption is the key that can make us easier to use bitcoin. Spending bitcoin in regular basis is such as a challenge, because only a few offline place that adopt bitcoin as payment option. It will more comfortable to use if we can spending bitcoin in local merchant.
I don't think spending Bitcoins is necessary to make Bitcoin successful and make known to people, look at Gold for example it is not a kind of item in which is accepted as payment yet it is known by all people and it is valuable. Bitcoin's road right now is pretty good for something that virtually exist it might go over to 1000$ soon.
hero member
Activity: 672
Merit: 500
December 03, 2016, 07:11:28 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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
You are right. People around us must be feels usual with bitcoin. At this time the most easy way to buy goods using bitcoin is in online shop. Mass adoption is the key that can make us easier to use bitcoin. Spending bitcoin in regular basis is such as a challenge, becouse only a few offline place that adopt bitcoin as payment option. It will more comfortable to use if we can spending bitcoin in local merchant.
hero member
Activity: 2147
Merit: 518
December 03, 2016, 09:00:31 AM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

Nothing but speculation galvanizes demand. Many hold on to a token because they believe in the advance in price and that they can sell it higher in the foreseeable future, thats why they buy and hold, and provide supply while hedging their positions if necessary. It all is whale plays. Real demand means buying pressure created by business or corporate adoption plays a non-substantial role in driving market forces.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
December 03, 2016, 08:48:52 AM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
Really? you don't want to spend your bitcoin even 1 satoshi?. Check your address and at least you have a transaction it's called with Spending.
Spending bitcoins is a human nature and you can do it anytime.


I agree with you, it's close to impossible to not spend even 1 satoshi, but on the other hand if you are spending less than 5% of what you have in total it is fair to call it "not spending" IMO. I, for example, if I need money I can sell some coins to have say $50, but since I'm doing this once in two or three months and I earn more in that period of time, I think I'm not spending.
hero member
Activity: 910
Merit: 523
December 03, 2016, 05:41:16 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.

Agree, we should spend Bitcoin in daily basis so more people more know with bitcoin payment. But we have same problem in several countries which not many places/merchants to spend your bitcoin directly except through online stores, I think it better if businessman and community create their own business that accepted bitcoin payment, so more places to spend it.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
December 03, 2016, 05:36:39 AM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
i think you spend or not it is not a problem and it can not affect your bitcoin.. for me this is a time to spend it from some site like purse.io that they are giving good rebate while you are buying .. if you can wait for a long time and dont spend your bitcoin it is a good idea but it takes a long time before you can make a good profit or huge price increase.. we do not know if the price of bitcoin will continue to increase.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
December 03, 2016, 05:26:31 AM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
Really? you don't want to spend your bitcoin even 1 satoshi?. Check your address and at least you have a transaction it's called with Spending.
Spending bitcoins is a human nature and you can do it anytime.
sr. member
Activity: 270
Merit: 250
December 02, 2016, 12:42:17 PM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,


many of the rules relating to the centralized economy and currency have no effect with respect to Bitcoins. Now I do not want to spend a Bitcoin, because everyone knows that the price for it will grow
sr. member
Activity: 1022
Merit: 280
December 02, 2016, 12:21:58 PM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I guess you need to know what economy or economic is, through this will enlighten you with the demand and supply thing.
Spending money or bitcoin is very helpful to grow the industry ,
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 01, 2016, 05:39:51 PM

Holding bitcoin is a good option now, judging from the price increasing and the stability in the future bitcoin will be a valuable assets, i only spend when there is emergency need and i will sell my coin when the price reach 1000$
Keep in mind to not holding forever. you will missed opportunity and you will get nothing at the end if you just keep holding. though $1000 is possible if we're looking at the current price nowadays but you could make pretty decent profit by doing some margin trading. it's not really risky and as simple as buying and selling thing instantly
Yes, if we want we can make some additional money buying bitcoin when the price drops and then reselling when the price goes back to normal, that is a nice way to put some extra dollars in your pocket.
sr. member
Activity: 476
Merit: 250
November 30, 2016, 06:30:50 PM
Spending some bitcoins is good and I think that you can do this but never spend too much because the bitcoin still has a great future a head.
yeah you can shop online bitcoin in, and there are many choices of goods and stores that accept bitcoin as a payment at this time. but do not be too extravagant to spend your bitcoin because it would be better if you invest it
full member
Activity: 218
Merit: 100
November 30, 2016, 02:25:11 PM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

I do not really like to spend Bitcoins. I just hold them in your purse. But this demand does not depend on Bitcoins. It grows from the fact that the popularity of Bitcoin is distributed among a large number of people every day
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
November 30, 2016, 12:40:47 PM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.

It does have to do with the demand. but not directly,  If the market of bitcoin boom, the merchant who are hesitant to accept bitcoin will have no choice but to accept it because they will be left behind.  With this, there will be more stores to spend bitcoin and bitcoin will be promoted to areas where this establishment is located.  Obviously this store will promote bitcoin, how?  Just by putting "Bitcoin is accepted here" will  catch people interest and ask the store about it.  With more people getting in to use bitcoin, that will now the time, the demand for bitcoin will pile up resulting to increase in price.
legendary
Activity: 1218
Merit: 1007
November 30, 2016, 12:29:18 PM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.
There might be supply and demand, but when Bitcoin gets entirely consumed by people who want to hold it rather than spend it, it can turn away investors rapidly due to the price being too high or the supply being too low, and this is a net negative as more and more people leave due to the currency not being accessible to them.

There should be a limited supply, but not a lack of a supply.
member
Activity: 79
Merit: 10
November 30, 2016, 12:11:05 PM
Spending some bitcoins is good and I think that you can do this but never spend too much because the bitcoin still has a great future a head.
sr. member
Activity: 672
Merit: 250
November 30, 2016, 10:48:19 AM
For me spending bitcoin is good to help the value of bitcoin would go higher day by day because it will help to increase the demand and supply of bitcoin but we do not need to spend it regularly because bitcoin is great investment also.

I don't think spending would have anything to do with the price or demand and supply, because even if we are not spending our bitcoins, the demand and supply is still continued and if there are less coins in circulation and more demand then that will help the price increase higher i guess.
legendary
Activity: 1554
Merit: 1054
November 30, 2016, 07:49:47 AM
I have a feeling that we may see $1000 usd per btc within the next few months but not by years end.
There has been some good news come out of India lately with more adoption, the people of Switzerland and Ukraine are also looking more possitivly towards bitcoin so that can only be good.
You must be right with your feeling on bitcoin prices. Worldwide we are hearing many good newses which are supporting more bitcoin adoptions. When we are practically seeing huge prizes for our bitcoin holding, how we will think about spending them.

Personally I'm having few options to use bitcoins for my daily life still I'm not spending bitcoins only for the reason of saving them for the better future prices.
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