Spending Bitcoins - page 89. | Bitcointalksearch.org

praprata

sr. member

Activity: 420

Merit: 250

Quote from: jacee on April 11, 2016, 05:43:05 AM

Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.

In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy.
Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.

Enotche

full member

Activity: 196

Merit: 100

I can not spend Bitcoin because in my country there is to do nothing!
Bitcoin question now stands at osudarstvennom level. The authorities want to control it, because they are afraid. None of the infrastructure to develop and use Bitcoin. No terminals.

yugo23

sr. member

Activity: 476

Merit: 252

Quote from: alplaxxx on July 08, 2016, 11:11:44 PM

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.

And spending is not practical because absolutely no one accept btc in your daily life!

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: alplaxxx on July 08, 2016, 11:11:44 PM

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.

I only spend bitcoin to buy some graphics cards and use the cards to mine altcoin and then sell altcoin to buy bitcoin.

alplaxxx

member

Activity: 98

Merit: 10

now spending bitcoin is not practical because bitcoin price are getting higher and higher, but the main decision is always in your hand, That is the easiest and most obvious reason. Buying something that was once almost $1200 for less than $400 is a good thing. The only way this wouldn’t be a good thing is if you think Bitcoin is dead, and it is heading down to Ground Zero. Bitcoin has had more dirt thrown on it, mostly from the mainstream media and private interests, than a dinosaur’s fossils.After five straight years of exponential growth, Bitcoin should have earned the benefit of the doubt by now. After one year on the market, it’s value went from fractions of a penny to $0.05 USD, which is borderline infinite ROI. The next year, it rose to $0.30, only a 700% increase in value. Good luck getting that anywhere else.

cambda

hero member

Activity: 759

Merit: 502

Quote from: Altcoinsupporter on July 07, 2016, 04:10:37 PM

Quote from: Legasean on July 07, 2016, 03:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).

Very few hours left for halving now so I think we can hold our coins till then and once halving is done we have full freedom to spend our coins even if price is higher or lower.

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: MingLee on July 07, 2016, 04:18:13 PM

Quote from: Altcoinsupporter on July 07, 2016, 04:10:37 PM

Quote from: Legasean on July 07, 2016, 03:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).

There might very well be some people that want to get out of Bitcoin before the halving, and we are probably seeing that with the Bitcoin market right now. It's different opinions for different people, and some people might not want to wait and see what happens with their investment because it'll freak them out with the possibility of everything disappearing or the value being considerably more lost.

Some people think if the block halves, the miners will shutdown, the confirmation time will increase, the bitcoin price will drop.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: Altcoinsupporter on July 07, 2016, 04:10:37 PM

Quote from: Legasean on July 07, 2016, 03:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).

There might very well be some people that want to get out of Bitcoin before the halving, and we are probably seeing that with the Bitcoin market right now. It's different opinions for different people, and some people might not want to wait and see what happens with their investment because it'll freak them out with the possibility of everything disappearing or the value being considerably more lost.

Altcoinsupporter

sr. member

Activity: 364

Merit: 250

Quote from: Legasean on July 07, 2016, 03:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

If you want to spend bitcoins right now its your right to do this but I can understand you that its not smart.
With the halving coming its not the smartest way but if you really want something it should not stop you from not buying it (spending).

Legasean

sr. member

Activity: 338

Merit: 250

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: expert4knowledge on July 07, 2016, 09:07:47 AM

Quote from: ?? on ??

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.

Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

An estimation shows that 80,000 businesses already accept Bitcoin today, also bitcoin payments for some companies and growing, still in majority of the places bitcoin is not accepted.

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: mark coins on July 07, 2016, 09:10:20 AM

Quote from: expert4knowledge on July 07, 2016, 09:07:47 AM

Quote from: ?? on ??

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.

Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

Exactly, spending bitcoin is limited at a moment as it can be mostly used only for online shopping, it has not reached to physical stored yet, but things will change in future for sure.

I hope to see that change soon since it is a drastic change in bitcoin lifetime and it can change many things.

mark coins

hero member

Activity: 910

Merit: 1000

Quote from: expert4knowledge on July 07, 2016, 09:07:47 AM

Quote from: ?? on ??

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.

Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

Exactly, spending bitcoin is limited at a moment as it can be mostly used only for online shopping, it has not reached to physical stored yet, but things will change in future for sure.

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Quote from: ?? on ??

Well spending bitcoin aint that much of a problem in terms of paying bills IMO. I think spending bitcoin to buy a drink or anything at a fast food chain is what im having trouble with since no companies here accept bitcoin as a payment in Philippines. It's easy to pay bills because of some site but to use it in daily life we need to convert it into fiat.

Yes it is hard to believe that we see small retailers accept bitcoin as a payment method soon and most of bitcoin holders spend it in digital environment.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: RoseMann on July 07, 2016, 07:35:30 AM

Quote from: Threshy on July 07, 2016, 06:13:23 AM

If I am you I should not give out your Bitcoins at the moment because they are worth allot of money and they are getting harder to earn.
It is better to spend your cash because in the future it might be possible to make much money with.

I will save most of my bitcoins. I believe the price will rise in long term. The price has risen many times in the past.

If you spend bitcoin then it will help bitcoin to grow even higher in future as only saving is not the right thing to do, better to spend or sell when you see higher price of bitcoin.

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: Threshy on July 07, 2016, 06:13:23 AM

If I am you I should not give out your Bitcoins at the moment because they are worth allot of money and they are getting harder to earn.
It is better to spend your cash because in the future it might be possible to make much money with.

I will save most of my bitcoins. I believe the price will rise in long term. The price has risen many times in the past.

Threshy

newbie

Activity: 10

Merit: 0

If I am you I should not give out your Bitcoins at the moment because they are worth allot of money and they are getting harder to earn.
It is better to spend your cash because in the future it might be possible to make much money with.

Doamader

hero member

Activity: 756

Merit: 501

Quote from: stromma44 on July 05, 2016, 10:52:54 AM

Quote from: Iceborn on July 05, 2016, 10:49:11 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.

Spending bitcoins ia always a good option you know because there are allot of people who are just holding coins and that is not the best thing
for the price of the bitcoin the price is going up if we are all spending coins keep them rolling.

People will start spending their coins after the halving is done, and that is the reason I feel that price will go higher after couple of months of halving.

I believe people will dump their coins taking the huge or small profit and start all again buying selling earning from free the bitcoins. One thing is sure there are a lot casinos to anyone play, as dice , people are supporting such projects soo maybe its time to give a look into it deeper. Before 1 btc were just 300 dollars soo if loosing it wouldnt hurt too much now it means 700 dollars and it hurts a lot the pocket.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: Iceborn on July 05, 2016, 10:49:11 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.

Spending bitcoins ia always a good option you know because there are allot of people who are just holding coins and that is not the best thing
for the price of the bitcoin the price is going up if we are all spending coins keep them rolling.

People will start spending their coins after the halving is done, and that is the reason I feel that price will go higher after couple of months of halving.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: Iceborn on July 05, 2016, 10:49:11 AM

Spending bitcoins ia always a good option you know because there are allot of people who are just holding coins and that is not the best thing
for the price of the bitcoin the price is going up if we are all spending coins keep them rolling.

Everything has a limit even spending bitcoin I consider that we should spend until a limit that we decide for ourselves. Personally I try as much as I can to not spend the bitcoins because I consider them as an asset to get a profit in the near future, spending at this time is not preferred as the price can be increased anytime.

Topic: Spending Bitcoins - page 89. (Read 101079 times)