Topic: Spending Bitcoins - page 90. (Read 101106 times)

Quote from: Sharma on July 05, 2016, 05:14:57 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.

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Quote from: MaritiJames3 on June 14, 2016, 09:10:00 AM

Quote from: Piltover on May 30, 2016, 04:56:27 AM

Spending your Bitcoins will be not the best thing that you can do and that is because it will be more worth later in the future and that can be nice for yourself and holding will be now the best thing that you can do.
But if you want to earn some profit than you have to wait a little longer to sell it with a lot of profit after the price rise.

Now is not the best time to be spending your Bitcoins because the price is moving up and you can still make some money. So I suggest that you do not waist them on gambling and shopping.

Hold it for a month or two and observe the market prices. Buying something that won't generate income in not good. Better spend on something that earns.

A wise man is always patience to grab the opportunity. It's is not the perfect time to spend bitcoins. We should analyze the bitcoin values in the coming days and when the value is very high. Time to make profit.

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Quote from: Altcoinmoney on July 05, 2016, 09:12:31 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.

Allot of people are not spending their bitcoins and that is what we call bad for the bitcoin because the price wont rise after when everyone
is holding their coins just in the wallet and dont do anything with them.

Everyone is looking to make profits and that is the reason they are not spending, but I think we cannot blame them as spending now is not recommended as halving is near now.

Altcoinmoney

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Quote from: relq on July 05, 2016, 08:21:17 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.

Allot of people are not spending their bitcoins and that is what we call bad for the bitcoin because the price wont rise after when everyone
is holding their coins just in the wallet and dont do anything with them.

mark coins

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Quote from: umaOuma on July 05, 2016, 08:04:16 AM

Quote from: vero on July 05, 2016, 07:23:42 AM

Quote from: umaOuma on July 05, 2016, 08:04:16 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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money.

no need to wait for it because now you can easily find a store that accepts bitcoin as a payment there's even some a real store. I mean, not an online shop.

Not in all countries you will find a real shop to spend bitcoin at a moment, as where I live there is no single shop that accepts bitcoin as a payment system, so if I have to spend then I need to convert it to my local currency first.

Yes, same like in my country. It's really hard to find a shop or minimarket that accept bitcoin, that's why i always spend my bitcoin on online.

Even spending online is difficult sometimes, as if you want to buy anything online you also need to check the shipping costs as its very high, which can be expensive for us.

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Quote from: vero on July 05, 2016, 07:23:42 AM

Quote from: vero on July 05, 2016, 07:23:42 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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money.

no need to wait for it because now you can easily find a store that accepts bitcoin as a payment there's even some a real store. I mean, not an online shop.

Not in all countries you will find a real shop to spend bitcoin at a moment, as where I live there is no single shop that accepts bitcoin as a payment system, so if I have to spend then I need to convert it to my local currency first.

Yes, same like in my country. It's really hard to find a shop or minimarket that accept bitcoin, that's why i always spend my bitcoin on online.

umaOuma

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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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money.

no need to wait for it because now you can easily find a store that accepts bitcoin as a payment there's even some a real store. I mean, not an online shop.

Not in all countries you will find a real shop to spend bitcoin at a moment, as where I live there is no single shop that accepts bitcoin as a payment system, so if I have to spend then I need to convert it to my local currency first.

davis196

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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.

The offline brick and mortar business should adopt and accept bitcoins as a payment method.

But they need incentives to use bitcoins.Maybe some kind of government support. Huh

I can`t fugure out a solution right now.

vero

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Quote from: Sharma on July 05, 2016, 05:14:57 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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money.

no need to wait for it because now you can easily find a store that accepts bitcoin as a payment there's even some a real store. I mean, not an online shop.

JumperX

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Quote from: MaritiJames3 on June 14, 2016, 09:10:00 AM

Quote from: Piltover on May 30, 2016, 04:56:27 AM

Spending your Bitcoins will be not the best thing that you can do and that is because it will be more worth later in the future and that can be nice for yourself and holding will be now the best thing that you can do.
But if you want to earn some profit than you have to wait a little longer to sell it with a lot of profit after the price rise.

Now is not the best time to be spending your Bitcoins because the price is moving up and you can still make some money. So I suggest that you do not waist them on gambling and shopping.

Hold it for a month or two and observe the market prices. Buying something that won't generate income in not good. Better spend on something that earns.

At a moment I cannot spend it physically, so I convert it to my local currency if i am in need of money, lastly I sold when price was at $750 and collected good profits from it.

Sharma

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Quote from: MaritiJames3 on June 14, 2016, 09:10:00 AM

Quote from: Piltover on May 30, 2016, 04:56:27 AM

Spending your Bitcoins will be not the best thing that you can do and that is because it will be more worth later in the future and that can be nice for yourself and holding will be now the best thing that you can do.
But if you want to earn some profit than you have to wait a little longer to sell it with a lot of profit after the price rise.

Now is not the best time to be spending your Bitcoins because the price is moving up and you can still make some money. So I suggest that you do not waist them on gambling and shopping.

Hold it for a month or two and observe the market prices. Buying something that won't generate income in not good. Better spend on something that earns.

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Quote from: outatime1 on July 04, 2016, 09:40:56 PM

We need to spend some bitcoins instead of just holding them because bitcoins need to have a purpose and function rather than just a store of value. If people realize that bitcoin can be a method of payment or a way to send money, then it will have some real value to people.

Yes correct if you have bitcoin in the way you only collect in some aspect without investing your money you do not need to hold your bitcoin because you already gain profit on collecting and the best way is to spend that.

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Quote from: outatime1 on July 04, 2016, 09:40:56 PM

We need to spend some bitcoins instead of just holding them because bitcoins need to have a purpose and function rather than just a store of value. If people realize that bitcoin can be a method of payment or a way to send money, then it will have some real value to people.

There are people who are pushing that. It must be used so that it can be scattered. With everyone of us just holding it then the fluctuations might also stop. The usage of it also reacts to its price movement.

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We need to spend some bitcoins instead of just holding them because bitcoins need to have a purpose and function rather than just a store of value. If people realize that bitcoin can be a method of payment or a way to send money, then it will have some real value to people.

Schuyler

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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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

Maybe in a few years' time we might see shops slowly accepting bitcoin as payment. But you are correct in saying that there's just a small number of people using bitcoin because mostly people are still more comfortable with their traditional ways of using money.

groll

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Quote from: Iceborn on July 04, 2016, 04:44:29 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.

We cannot use bitcoin for our daily expenses first and foremost since bitcoin users are a small percentage of the countries population. Not everyone has knowledge about bitcoin and you cannot purchase bitcoin in any region or areas. There are only a few stores who sell bitcoin and its located in selected areas only. SO in short the problem is 1. bitcoin users are few, 2. Lack of IEC on bitcoin and lastly 3. poor accessibility to bitcoins.

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Spending bitcoin is not the best thing you could do right now because of the fact that the halving is coming this month.
With the halving that is coming its just not smart to spend your bitcoins, it even would be bad for your profit.

Of course its your own choice so..

No one will prefer to spend now as now we are getting closer to halving, its better to give some rest to bitcoins and spend when we see higher price at halving.

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Most of mine investments were made 3 months ago, some has been made recently, lets say around 3 weeks, i dont look at price when i see an opportunity to roi i will always invest, looks like i got some a problem with bitcoin savings this year.

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Spending bitcoin is not the best thing you could do right now because of the fact that the halving is coming this month.
With the halving that is coming its just not smart to spend your bitcoins, it even would be bad for your profit.

Of course its your own choice so..

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