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.
there's also a simple way to spend your bitcoins in your locals or real world,by using bitcoin debit card is one of many ways,it's as simple as you using your local banks' debit card,and if you want to deposit just simply send your bitcoin to the debit card issuer and they will procceed it immediately,no need to waste time and effort for just converting money 
Topic: Spending Bitcoins - page 79. (Read 101079 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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.
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.
Actually, I think to grow the adoption of bitcoin not only need people who spend as daily currency. However, it needs also those who use it for investment. Expand bitcoin to people is the way to grow bitcoin.
In my country bitcoin passable growing and already known by some people, but it is very difficult to use bitcoin. I can not buy goods with bitcoin directly and I do not find stores that accept bitcoin. Perhaps because there are still many people who do not know bitcoin so if there is a shop that uses bitcoin payment would be rarely used for payment, maybe that was the reason not many people adopt bitcoin.
I do not often spend your Bitcoins. Sometimes I buy something over the Internet and spend a Bitcoin. I do not spend Bitcoin on all sorts of nonsense, for it has the Fiat
But of course because that is my bitcoin.
That is not nonsense. Spending it with some items that are being posted online is a great way to make bitcoin more inviting to the eyes of merchants. Imagine a money that cannot be spend if you are a merchant. Why would I start a business with that.
If i was running a business why would i accept bitcoin if none of my suppliers will take it as payment or my staff agree to accept it as their salary.
Oh how the times change, it was only about a year or so ago that many posts on this forum were something along the lines of "Where can i spend my bitcoins?
Bitcoin can be stored it isnt against bitcoin, as people are expecting the 1000 dollars value once again, and this time it should have support, but the bitcoin are traded daily and several transactions, this is what made bitcoin get interest and value.
I do not often spend your Bitcoins. Sometimes I buy something over the Internet and spend a Bitcoin. I do not spend Bitcoin on all sorts of nonsense, for it has the Fiat
But of course because that is my bitcoin.
That is not nonsense. Spending it with some items that are being posted online is a great way to make bitcoin more inviting to the eyes of merchants. Imagine a money that cannot be spend if you are a merchant. Why would I start a business with that.
I do not often spend your Bitcoins. Sometimes I buy something over the Internet and spend a Bitcoin. I do not spend Bitcoin on all sorts of nonsense, for it has the Fiat
Maybe you can buy some ZCash when the price is lower. It has the function of anonymity and quite popular.
I do not often spend your Bitcoins. Sometimes I buy something over the Internet and spend a Bitcoin. I do not spend Bitcoin on all sorts of nonsense, for it has the Fiat
I guess the reason why I cannot use bitcoin in a day to day basis is because the price of it is not stable. You might be buying an item now for 0.001BTC and then the next day it's just 0.0008BTC. You just lost 0.0002BTC in that case. I know it's not that much difference in other people's perspective but it's also applicable with bigger transactions and the bigger the transaction, the bigger loss you'll get if the price of bitcoin moves. On a more happier thought, you can also save money with this price fluctuations.
That's why it is always good to have at least 1 Bitcoin apart from the money you are spending. Say you bought a thing for 0.01 yesterday when Bitcoin was $600 and today you see that the price of it is 0.008 because the price of Bitcoin is $750. Yes, you have lost 0.002 BTC, which is $1.5, because of the price rising, but at the same time you are +$150 because of the same thing.
I guess the reason why I cannot use bitcoin in a day to day basis is because the price of it is not stable. You might be buying an item now for 0.001BTC and then the next day it's just 0.0008BTC. You just lost 0.0002BTC in that case. I know it's not that much difference in other people's perspective but it's also applicable with bigger transactions and the bigger the transaction, the bigger loss you'll get if the price of bitcoin moves. On a more happier thought, you can also save money with this price fluctuations.
That is the concept which does not let almost a lot of people in the community to spend their coins because they always have this thought in their minds that if we spend them today, the price might grow higher tomorrow so that is the reason most of us are holding the coins and hoping for a better price everyday.
I think it is because some regrets it when suddenly bitcoin price goes up. But the truth is I think it is still way up now. Just 2 month ago we are at a 300 plus mark then with a sudden hike, many are angry with just a 100 movement down although they profited already.
I think it is because some regrets it when suddenly bitcoin price goes up. But the truth is I think it is still way up now. Just 2 month ago we are at a 300 plus mark then with a sudden hike, many are angry with just a 100 movement down although they profited already.
That is right. Although 2 months ago, the price was a bit higher. I think the price could reach $700 in December. 
I guess the reason why I cannot use bitcoin in a day to day basis is because the price of it is not stable. You might be buying an item now for 0.001BTC and then the next day it's just 0.0008BTC. You just lost 0.0002BTC in that case. I know it's not that much difference in other people's perspective but it's also applicable with bigger transactions and the bigger the transaction, the bigger loss you'll get if the price of bitcoin moves. On a more happier thought, you can also save money with this price fluctuations.
But in general you will still be profitable because the price of bitcoin is increasing or has increased although apparently it fluctuates hard, for me I do not really worry so much about the fluctuation of my bitcoins because I need to gamble everyday as it is only my happiness online.
I guess the reason why I cannot use bitcoin in a day to day basis is because the price of it is not stable. You might be buying an item now for 0.001BTC and then the next day it's just 0.0008BTC. You just lost 0.0002BTC in that case. I know it's not that much difference in other people's perspective but it's also applicable with bigger transactions and the bigger the transaction, the bigger loss you'll get if the price of bitcoin moves. On a more happier thought, you can also save money with this price fluctuations.
The dilemma we're facing is that people will not sell for bitcoin if theres no market visible to them got it. We won't use bitcoin because no one is accepting it.
Mostly the people in the community are converting their coins to cash or fiat to be spent, because as you said there aren't much resources right now in the world where someone can spend their bitcoins, so mostly we all are holding them for a price rise so that we can convert them in cash and then spend them on things we want.
Spend Bitcoins certainly nice, but I prefer to save them. I rarely spend Bitcoins to pay bills or buy some goods. For the purchase of household goods I spend dollars
Spending the bitcoins is thje best thing youi can do because allot of people ar enot spending them at all and that is the biggest problem you can have with th ebitcoin off
course and that is not nice.
course and that is not nice.
You can always better spent the bitcoins than do nothing with it you know allot of peopel are not paying much attention to the bitcoin becausse they dont want tosee the price of the bitcoin rise
you know and that is the biggest problem/
you know and that is the biggest problem/
I rarely spend your Bitcoins. Now I want to gather up their. I think the price of Bitcoin will grow
Jump to: