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Topic: Spending Bitcoins - page 78. (Read 101079 times)

sr. member
Activity: 280
Merit: 250
November 03, 2016, 05:28:56 AM
I do most of their income directly translate into cryptocurrency. That's why I spend it actively. I have no choice because almost fiat
legendary
Activity: 3150
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November 03, 2016, 04:53:38 AM
I don't spend a lot of bitcoin as is, most of what I have have been converted to fiat and that is what I spend. If only bitcoin can be spent just about anywhere, that would really save me the task of converting to fiat and then waiting for it to be deposited to my bank account. It's nice if you could pay instantly what you purchased by a mere tap of a few buttons.
By converting it to fiat is just like a way of spending your bitcoins, I do like what you do when I need money to spend on my daily expenses cause apparently we cannot spend our bitcoins to buy our daily needs, we need to convert it to fiat first before we can spend our money.
hero member
Activity: 714
Merit: 500
November 03, 2016, 12:37:41 AM
I don't spend a lot of bitcoin as is, most of what I have have been converted to fiat and that is what I spend. If only bitcoin can be spent just about anywhere, that would really save me the task of converting to fiat and then waiting for it to be deposited to my bank account. It's nice if you could pay instantly what you purchased by a mere tap of a few buttons.
hero member
Activity: 1148
Merit: 504
November 03, 2016, 12:31:30 AM
There is not much merchandisers accepting bitcoin here in my country either. There is a site where I can pay bills using bitcoin here too but to use bitcoin on a daily basis is not yet possible. If grocery stores start accepting bitcoin as payment, then spending will be easier and maybe adoption will be faster.
hero member
Activity: 882
Merit: 544
November 03, 2016, 12:06:31 AM
Sites exist now to ease our bitcoin spending, and there is one web wallet that allows bitcoin to be spent in daily needs here in our country. This web wallet coins.ph allows Filipinos to convert their bitcoin into fiat easily and we can receive it instantly via atm without a card. It also have many options to choose how they will send their money to you. It is very convenient though bitcoin is not widely known here.

sr. member
Activity: 313
Merit: 250
November 02, 2016, 11:58:12 PM
Could you spend some bitcoins on videogames on Steam?
There are other sites that have been accepting Bitcoin as of lately.
A lot more uses for it than back in 2011.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
November 02, 2016, 07:27:20 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.
I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat

Yes, unfortunately still very few stores that accept cryptocurrency. This hampers the use of Bitcoin. I rarely spend your Bitcoins for various reasons
So few store accept bitcoin as payment yet because so few people are willing to freely spend and use them as a daily currency
sr. member
Activity: 259
Merit: 250
November 02, 2016, 05:42:23 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.
I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat

Yes, unfortunately still very few stores that accept cryptocurrency. This hampers the use of Bitcoin. I rarely spend your Bitcoins for various reasons
sr. member
Activity: 476
Merit: 250
November 02, 2016, 05:27:51 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.
I also rarely make spending for the same reason as you said, but I'm always trying to do the spending with bitcoin,
but of course I most often convert it to fiat
legendary
Activity: 910
Merit: 1000
November 02, 2016, 05:05:47 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.

I do the same. I cashout it to my Skrill or Paypal and then spend it. Actually it has given me a very good feeling as I am buidling a 6th generation Intel pc and right now I am on a core 2 duo.

So spending bitcoins wisely gives us a great feeling. Even here almost no one accepts bitcoin in stores so we have to spend or invest it digitally for the moment.
legendary
Activity: 3654
Merit: 1165
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November 02, 2016, 04:24:29 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.
If you are from allowed countries of having bitcoin debit cards, it is highly suggested to have bitcoin debit cards to effectively spend bitcoins for almost all your needs. Spending bitcoins will have lot of practical problems like finding merchants and finding preferred things with that merchants. But, with bitcoin debit card we can easily overcome this types of problem.
hero member
Activity: 910
Merit: 507
November 02, 2016, 12:27:39 PM
I spent bitcoin only in paying our bill directly in my local wallet. Because no stores accept bitcoin here so we do cash out first before we spent it.
legendary
Activity: 3248
Merit: 1130
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November 02, 2016, 11:50:43 AM
I got one thread that talks about what will happen if no one spends it. There are good answers by different users which makes sense. It is one factor that will make bitcoin survive. With the entering of many merchants seeing it is like a currency that can literally be used it will boom out the economy of bitcoin.
hero member
Activity: 1806
Merit: 672
November 02, 2016, 10:00:16 AM
There are other ways to support Bitcoin besides spending it, It's price won't go up if the only factor for it is by spending it. I support bitcoin by storing it in my Bitcoin Wallet and if the price is right I will convert it to Fiat via Bank Deposit that is available with my wallet. Also the demand for Bitcoin will be the main factor for businesses to take notice and accept Bitcoin later on. If they accepted it as a mode of payment then we will see a lot of people who will use Bitcoin directly.
hero member
Activity: 1036
Merit: 520
November 02, 2016, 09:55:16 AM
When I have some extra Bitcoins I try to spend them. The easiest way is to use my Bitcoin debit card so I don't ha to worry if somwhere the Bitcoin is accepted or not, it's converted automaticaly. It's good to save the coins for the future as an investment but if we want to make Bitcoin more wide spread and popular it's necessary to use it.

i never liked bitcoin debit cards and in general i never liked any of these third party sites where i have to fill out a form, give my personal information and then always be fearful about their so called rules and on top of all that i have to pay lots of fees to use them!
legendary
Activity: 2912
Merit: 1068
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November 02, 2016, 09:34:50 AM
When I have some extra Bitcoins I try to spend them. The easiest way is to use my Bitcoin debit card so I don't ha to worry if somwhere the Bitcoin is accepted or not, it's converted automaticaly. It's good to save the coins for the future as an investment but if we want to make Bitcoin more wide spread and popular it's necessary to use it.
hero member
Activity: 2128
Merit: 520
November 02, 2016, 09:05:17 AM
Spending bitcoin for me is difficult. I must convert it to fiat first in order to spend it to buy my daily needs especially food. You can just buy some gadgets online or other accessories with the use of bitcoin but you don't need that in your everyday life.
but by doing that convertion already helping the chain, as long as we used it regardless in what particular manner other investors will buy that and help it as well.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
November 02, 2016, 09:03:09 AM
I spend my bitcoins online for buying digital goods and as I don't have option to spend them directly to buy anything from offline store I prefer to sell my bitcoins and convert it to fiat currency as only holding will make bitcoin as a weaker currency and to help the economy we should spend our coins regularly.

Circulation of bitcoin is much important to have a stabilized and increased price. For this reason every user needs to spend atleast a small portion of bitcoin directly. Right now bitcoin acceptance in online stores is getting increased but it takes lot time to experience bitcoin acceptance in offline stores, because little by little now only common man had known about digital currency existence and started learning about it.

Yup bitcoin has started to gain attention and popularity among the people who are not into the bitcoins yet and if price hits $1k in coming months then it will surely attract many new users to invest their money into it and mass adoption will definitely help in taking price to higher level in future.
I would be fine if the the price will hit at least $1,000 even before the year ends, that is already a great improvement of bitcoin for this year and maybe I can call this year 2016 as the year of bitcoin because it is the most profitable year so far. I will spend this Christmas and I hope the price will favor me.
sr. member
Activity: 350
Merit: 250
November 02, 2016, 07:19:11 AM
I spend my bitcoins online for buying digital goods and as I don't have option to spend them directly to buy anything from offline store I prefer to sell my bitcoins and convert it to fiat currency as only holding will make bitcoin as a weaker currency and to help the economy we should spend our coins regularly.

Circulation of bitcoin is much important to have a stabilized and increased price. For this reason every user needs to spend atleast a small portion of bitcoin directly. Right now bitcoin acceptance in online stores is getting increased but it takes lot time to experience bitcoin acceptance in offline stores, because little by little now only common man had known about digital currency existence and started learning about it.

Yup bitcoin has started to gain attention and popularity among the people who are not into the bitcoins yet and if price hits $1k in coming months then it will surely attract many new users to invest their money into it and mass adoption will definitely help in taking price to higher level in future.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
November 02, 2016, 07:16:23 AM
I spend my bitcoins online for buying digital goods and as I don't have option to spend them directly to buy anything from offline store I prefer to sell my bitcoins and convert it to fiat currency as only holding will make bitcoin as a weaker currency and to help the economy we should spend our coins regularly.

Circulation of bitcoin is much important to have a stabilized and increased price. For this reason every user needs to spend atleast a small portion of bitcoin directly. Right now bitcoin acceptance in online stores is getting increased but it takes lot time to experience bitcoin acceptance in offline stores, because little by little now only common man had known about digital currency existence and started learning about it.
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