Spending Bitcoins - page 83. | Bitcointalksearch.org

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Quote from: peta4e on October 11, 2016, 07:54:47 AM

Quote from: 23dzmaz on October 11, 2016, 07:40:38 AM

I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

Cool, so what is the ration of your profit and loss? Do you manage to make money from sports betting as everyone feels that its an risky way to make money as majority of times you will be loosing.

LOL actually some people who are addicted into gambling only doing it for pleasure and fortunately if they can also having some profit from winning the game,but they will eventually losing,it's like you're throwing your money and then picking it up again and repeating it

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Quote from: bitkilo on April 11, 2016, 05:31:58 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.

There are no merchants here in my country that accepts bitcoin as a payment . So when buying things through bitcoin, I buy in online shops like amazon (with the use of purse.io) or either convert my bitcoins to fiat.

As of now I'm refraining myself from spending my bitcoins cause I want to keep some bitcoins as many as possible cause it might be worth it to use in the future

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Quote from: tampazeus on October 11, 2016, 07:38:27 AM

Quote from: freedomgo on October 11, 2016, 07:33:05 AM

Quote from: coynedterm on October 11, 2016, 07:18:31 AM

Quote from: bitkilo on April 11, 2016, 05:31:58 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.

our day to day use for the payment can't be directly . because there are no btc payment acceper shopkeeper or any service . so now no way to spend directly .

That is not an issue for you if you are not frequently shopping online, actually it is still easy because even if we cannot spend our bitcoins online buying things we need, we can still easily cash it out to banks, and that alone is already a great improvement for bitcoin to be recognize.

Yes as we cannot spend them directly at a moment but the best thing is that we can sell them and convert to fiat whenever we want and the process is very easy and fast.

If you don't have a bitcoin debit card then cashing out and converting to fiat when some is needed can be very quick and easy with a verified account these days, fees can be pretty good too if you look around.

Spending the bitcoins directly is a better option still and if you just have a quick Google search then i think you may be surprised what services are available in your country to pay things like bills and phone credit.

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Quote from: Alauria on October 12, 2016, 04:36:30 AM

Quote from: sobsitesearch on June 05, 2016, 11:24:26 PM

i wish real coin of bitcoin will be use by buying in local store here in my country.

I do not spend my Bitcoin to often but I used to do that, I was spending my Bitcoin at gambling sites and other stupid things that I do not suggest that you do.
Bitcoin can become worth more money in the future so save as many as possible.

Yeah and if you want to spend them then spend in trading where there is a chance of making profits and if you want to play safe then better to hold them for future as price will rise in coming years.

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Quote from: sobsitesearch on June 05, 2016, 11:24:26 PM

i wish real coin of bitcoin will be use by buying in local store here in my country.

I do not spend my Bitcoin to often but I used to do that, I was spending my Bitcoin at gambling sites and other stupid things that I do not suggest that you do.
Bitcoin can become worth more money in the future so save as many as possible.

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Quote from: Maslate on October 11, 2016, 08:07:49 AM

Quote from: peta4e on October 11, 2016, 07:54:47 AM

Quote from: 23dzmaz on October 11, 2016, 07:40:38 AM

I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

Cool, so what is the ration of your profit and loss? Do you manage to make money from sports betting as everyone feels that its an risky way to make money as majority of times you will be loosing.

I think he is not in profit because he mentioned that he is spending his bitcoin in a certain gambling sites, when you are making money in sports betting you called that sports investing and that is what I heard when professionals are promoting their picks in the internet.

In gambling you may win once or twice but you cannot expect that you will be winning every time as that is simply impossible and I think its the worst place to put our hard earn coins as most of the times the results will be against us.

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Circulation is important for economy, higher circulation also means higher market cap. That is capitalism, more money, more spending, more of everything, and only like that this economy grows. I don`t think its healthy economy for humans, but that is what we have in this world.
Only with spending bitcoins we promote bitcoins, and only like that companies will see a chance for profit. With out usage and just with holding
bitcoin can not grow I think.
For now I earn so little, but when I make some bitcoins I will buy something for myself and in that way I will give my little contribution to bitcoin.

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Quote from: peta4e on October 11, 2016, 07:54:47 AM

Quote from: 23dzmaz on October 11, 2016, 07:40:38 AM

I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

Cool, so what is the ration of your profit and loss? Do you manage to make money from sports betting as everyone feels that its an risky way to make money as majority of times you will be loosing.

I think he is not in profit because he mentioned that he is spending his bitcoin in a certain gambling sites, when you are making money in sports betting you called that sports investing and that is what I heard when professionals are promoting their picks in the internet.

peta4e

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Quote from: 23dzmaz on October 11, 2016, 07:40:38 AM

I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

Cool, so what is the ration of your profit and loss? Do you manage to make money from sports betting as everyone feels that its an risky way to make money as majority of times you will be loosing.

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Quote from: 23dzmaz on October 11, 2016, 07:40:38 AM

I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

I don't considered that as spending since spending means you are getting away with the money.

With gambling chances of profits is possible especially with the one you mentioned about sports betting which is a profitable type of gambling compare to dice related game.

23dzmaz

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I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.

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Quote from: freedomgo on October 11, 2016, 07:33:05 AM

Quote from: coynedterm on October 11, 2016, 07:18:31 AM

Quote from: bitkilo on April 11, 2016, 05:31:58 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.

our day to day use for the payment can't be directly . because there are no btc payment acceper shopkeeper or any service . so now no way to spend directly .

That is not an issue for you if you are not frequently shopping online, actually it is still easy because even if we cannot spend our bitcoins online buying things we need, we can still easily cash it out to banks, and that alone is already a great improvement for bitcoin to be recognize.

Yes as we cannot spend them directly at a moment but the best thing is that we can sell them and convert to fiat whenever we want and the process is very easy and fast.

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Quote from: coynedterm on October 11, 2016, 07:18:31 AM

Quote from: bitkilo on April 11, 2016, 05:31:58 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.

our day to day use for the payment can't be directly . because there are no btc payment acceper shopkeeper or any service . so now no way to spend directly .

That is not an issue for you if you are not frequently shopping online, actually it is still easy because even if we cannot spend our bitcoins online buying things we need, we can still easily cash it out to banks, and that alone is already a great improvement for bitcoin to be recognize.

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Quote from: Aamir1 on October 11, 2016, 07:09:39 AM

Quote from: Farma on August 10, 2016, 08:57:38 PM

sounds pretty good to spend a bitcoin when k ni, because so many things I want to buy, but it may not be good to spend a bitcoin now, because the price bitcoin likely will soon be up, so it would be very bad for us if we do not have much bitcoin at the time, so maybe the best thing to do for the moment to collect bitcoin

Obviously everyone tries to collect more and more in order to earn more profits out of it when the price goes higher but not everyone can keep them always because sometimes we need money so we have to spend some of them.

There is no benefit of holding something forever because one day we will die, but if you plan to leave them for the next generation like children or grandchildren then this is another thing, we should save bitcoin as long as we don't need them and this is like a backup in case we need urgently one day some money.

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Quote from: bitkilo on April 11, 2016, 05:31:58 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.

our day to day use for the payment can't be directly . because there are no btc payment acceper shopkeeper or any service . so now no way to spend directly .

Aamir1

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Quote from: Farma on August 10, 2016, 08:57:38 PM

sounds pretty good to spend a bitcoin when k ni, because so many things I want to buy, but it may not be good to spend a bitcoin now, because the price bitcoin likely will soon be up, so it would be very bad for us if we do not have much bitcoin at the time, so maybe the best thing to do for the moment to collect bitcoin

Obviously everyone tries to collect more and more in order to earn more profits out of it when the price goes higher but not everyone can keep them always because sometimes we need money so we have to spend some of them.

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Quote from: Cast12 on August 11, 2016, 10:46:07 PM

Most credit/debit cards that are topped up by bitcoin should work at anywhere visa/masters are accepted. Else, why would we have them? It'd be pretty embarrassing to sell one and find out that they don't work.

I do not quite understand about the workings of bitcoin debit card, but I think it will be like you're using a credit card visa or mastercard as usual. I saw debit card bitcoin using the system of mastercard, so you can use a debit card bitcoin to shop when the store receives mastercard for payment

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Quote from: bajing on April 11, 2016, 07:44:09 AM

In my country only in bali you can spend bitcoin to buy food because i'm not life at there so what can do spend bitcoin it's only for buy steam code not daily but once in a week.

where's bali by the way,never heard of it to be honest but it's must be a good place when bitcoin accepted there even though never been there,and yeah steam is accepting bitcoin and you can freely spending bitcoin there but they could remove bitcoin in everytime as if having such a bad price dumping

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Quote from: freedomgo on August 12, 2016, 01:43:59 AM

Quote from: bitkilo on August 11, 2016, 08:20:42 PM

Quote from: Sanguintan on August 11, 2016, 10:35:07 AM

Quote from: freedomgo on August 10, 2016, 11:37:24 PM

Quote from: bitkilo on August 10, 2016, 09:50:04 PM

Quote from: Xester on August 10, 2016, 09:41:06 PM

Quote from: bitkilo on April 11, 2016, 05:31:58 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.

I agree with you that for the bitcoin to grow people must use bitcoin as their daily currency. Here in my country, only few people knows the existence of the same. People are still unaware of crytos. It will require an understanding on how this works and using computers which older people from third world country do not know how to use. I mean they are not into technical side like my mom Wink

. It would be wonderful if we have that bitcoin debit card. All transactions online will be hassle free.

I don't think all bitcoin debit cards are country specific, do a google search and see if you can find one that you can use in your country.
They are a great addition to the bitcoin world in these early days.

The best use of debit card is when you are travelling most of the time because you only need to fund your debit card with your bitcoins and you will not be bringing dollars in that case, that is to give the people and convenience and of course it comes with a service fee.

That could be a good idea. So far, I have not used any debit with my bitcoin as the fee is quite high at present.

What card and what fees are you talking about?
Some cards do have high top up rates and also hit you with a couple of dollars surcharge to withdraw cash, most allow you to spend with no extra charges now though.

There are many card competing on the market now so fees will drop soon.

Could you share some debit cards that does not have a fee when you withdraw in a bank. I am really interested because I want to directly transfer my bitcoins in my debit card if that is possible.

Check out the cards on this list if you are looking for one, not all cards are listed and it would be a good idea to check out a couple more before making a decision.

The only card on the below list i would say to not bother with would be the BitPlastic card, besides from the fact that it's a nameless card it also cost 0.25btc just for the card.
Have a look at this list: https://cointelegraph.com/news/6-cards-battle-for-bitcoin-supremacy-bitcoin-debit-card-comparison-test

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Quote from: veles7 on April 11, 2016, 05:42:00 AM

It needs not only a plastic card. Need the terminal to read it. At this time that read right now probably will not work?

I do not think that it is the best idea to spend your Bitcoin if you are here to use them as an investment and make money with them.
You should then only hold on to them and try trading them but not spending them.

Topic: Spending Bitcoins - page 83. (Read 101079 times)