Topic: When using Bitcoin to make purchases, do you feel bad? - page 2. (Read 343 times)
I won't spend bitcoins in a bear market, made that mistake long ago! Think it's more of a store of value than a daily spend currency. Appreciate that for people in unstable countries it is a life saver so i hope we do get widespread adoption for their sake
Your Bitcoins are yours and it's up to you to use them for direct payments or not.
Bitcoins with fluctuating prices will significantly decrease and increase in value.
If you're aiming to make bitcoin a long-term investment and profit from it, then hold it and don't use it for any payments until it's converted to stablecoins.
All that is a choice for you, but don't you want to try how to make direct transactions with bitcoin.
It's quite fun and provides a new experience of paying transactions with Bitcoin directly.
Don't think about the value of bitcoin, 1BTC=1BTC.
Bitcoins with fluctuating prices will significantly decrease and increase in value.
If you're aiming to make bitcoin a long-term investment and profit from it, then hold it and don't use it for any payments until it's converted to stablecoins.
All that is a choice for you, but don't you want to try how to make direct transactions with bitcoin.
It's quite fun and provides a new experience of paying transactions with Bitcoin directly.
Don't think about the value of bitcoin, 1BTC=1BTC.
If you feel uneasy using BTC for trading, then you can consider converting the amount you want to spend into a stable coin.
As for the guy that used all his BTC to buy just one pizza, though it looked stupid and foolish, but it means a lot. That was the first BTC trade, if I am correct.
As for the guy that used all his BTC to buy just one pizza, though it looked stupid and foolish, but it means a lot. That was the first BTC trade, if I am correct.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
Yes, but if you keep your Bitcoin for ever without ever using it, it also worths nothing. The idea behind the value of something, is that when you trade that something by Bitcoin, it returns you something valuable for you. Either in terms of goods, services or any other. In the end, if you keep your Bitcoin forever, even if it raises its value to 1 million, 10 millions, whatever, if you don't use it for something valuable for you, then it works nothing, if fact! So, Bitcoin needs both. Hodlers and actual users!
From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
If you can completely hold on to your bitcoins and always spend your stablecoins then that's good. I used to view Bitcoin in a similar way but later on, I accepted the fact that I have to spend the coins in my wallet at some point. Like what lovesmayfamilis mentioned above, all of us have different views on how we want to spend our coins and I don't see anything wrong with holding on to it for a very long time because you also have to spend those in the future anyway before they lose their value.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
If you can't make transactions with bitcoin, then bitcoin is not serving it's purpose, it's a good idea we hold any amount of bitcoin we can afford to hold, but it's better we also make transaction with bitcoin whenever we can do that, Bitcoin is a digital currency, it won't make sense if we keep on holding bitcoin alone without making transactions with it. If you are having business, then you can start accepting bitcoin as payment method, and if you see any store that accepts bitcoin, then you can make payment with bitcoin. However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
We all know bitcoin is accepted in few places currently, people that are in those places should make use of bitcoin for transaction, am sure that will also spread awareness about bitcoin.
The real purpose of the bitcoin system is simply to allow people to securely store and transfer money as well as any purchase transaction, such as paying a seller for some item. So, bitcoin is a self-controlled banking and payment system.
So it's all up to you as your ownership is in control and what is best for you and also it all depends on a realistic presence of bitcoins in your country or region of residence. If bitcoins are legal and lots of shops or trades do bitcoin transactions I think you should, but that doesn't mean you have to be extravagant. Because frugal is a good choice and buy back when the price drops to stay profitable, when the bitcoin price rises again.
and I personally for now only save bitcoin because in the area or country where I live bitcoin is not allowed to be used as a means of transaction. But that doesn't mean I don't use it because there will be unexpected things that I will experience, and I myself have used it several times because I have to transact using bitcoin and this individually.
So it's all up to you as your ownership is in control and what is best for you and also it all depends on a realistic presence of bitcoins in your country or region of residence. If bitcoins are legal and lots of shops or trades do bitcoin transactions I think you should, but that doesn't mean you have to be extravagant. Because frugal is a good choice and buy back when the price drops to stay profitable, when the bitcoin price rises again.
and I personally for now only save bitcoin because in the area or country where I live bitcoin is not allowed to be used as a means of transaction. But that doesn't mean I don't use it because there will be unexpected things that I will experience, and I myself have used it several times because I have to transact using bitcoin and this individually.
Why feel bad? Bitcoin is not money? But honestly, if the use of bitcoin for payment is infrequent, I mean to use it for the experience, or we have difficulty using traditional payment methods, then bitcoin is a solution. I am willing and will be pleased to use bitcoin. But if I have to use bitcoin to pay all my daily expenses, I will feel very uncomfortable. We all know that the value of bitcoin will increase in the future, and spending it regularly with a potentially bullish asset would make anyone feel uncomfortable.
You ask a question about spending Bitcoin on this forum, a place where people are big fans of Bitcoin. No wonder, you will hear thoughts that are in line with your assumption of regret when they spend bitcoin. But if you ask this question somewhere else, you will hear the answer: I see Bitcoin as money with which I can buy something.
It all depends on how people understand the value of Bitcoin and in what capacity they are ready to accept it. Satoshi didn’t just mean holding bitcoin, did he? He assumed people would be bank-free, so why should you care whether you spend your bitcoins or not? You have the freedom to dispose of it as you please, so if you are not ready to spend it, then keep it at the price you want.
It all depends on how people understand the value of Bitcoin and in what capacity they are ready to accept it. Satoshi didn’t just mean holding bitcoin, did he? He assumed people would be bank-free, so why should you care whether you spend your bitcoins or not? You have the freedom to dispose of it as you please, so if you are not ready to spend it, then keep it at the price you want.
looks like you mostly consider Bitcoin as an investment asset that could potentially gain you profit rather than a currency, which is probably why you are feeling uneasy when wanting to use Bitcoin to buy or pay for something. the thing is, a lot of people who use Bitcoin consider it as a currency too that you can use to pay for stuff and that's probably why they don't feel uneasy or bad when using it.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
Yeah, it feels very bad actually when I have to touch my bitcoins. I am not saying I don't like spending them but I want to be a true deinfer of Bitcoin Hodler. I missed many opportunities to become highly settled financially when I possessed bitcoin back in the time but sadly I sold them just before that opportunity. I was one of that FOMO investors in the market and just because of my gut feelings and fear, I lost a bigger opportunity.
I am not letting that happen again in the future and not with the bitcoins that I am in possession of. For this, I now have my own ledger, which was literally listed and found last year, and putting everything in it for longer storage.
Won't touch them that happily for selling until I reach my goal.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable
Dont create a fear out of no reason, those that were early adopters have thesame opportunity like we are having today, they never thought about things going to turn the way it became today, if you have that same opportunity to hodl bitcoin or accept it for your business then it's better you implement that against the future, there's every certainty tge table will still turn around the second time or even more when you hodl.
if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
Such idea may be a good one as well, if you can old your bitcoin and make use of other asset for a living, especially in times like this when we are fast approaching to the next 2024 halving, there's this believe that we are going to have a bitcoin bullrun on it price whereby holders will rejoice.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
If you feel that you are letting go of Bitcoin to buy something that can still be bought with cash, why not use cash? basically, you just need to be realistic and think further about what the benefits buy with the benefits of holding Bitcoin long term. That means you can choose other options plus if the purchase is only for goods that just don't have value then use cash. It's that simple, no need to think any further. Apart from choosing and sorting out which one you should take, there's nothing wrong with occasionally trying to buy things with Bitcoin that you really like and have wanted to have for a long time. For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
You do not need to feel uneasy with bitcoin. It is depending on the comfort any of the coin will give to you. But at this time that btc fee is really high, altcoins or stablecoin can be better then you can save a little above what you can use in btc. Dogecoin is a good option and well accepted in different casinos, Usdt is another choice you can use.
Using bitcoin for transaction was the purpose of its creation by Satoshi,so that it can be used as an alternative payment method. It is just that bitcoin due to its volatile nature and limit in supply started to increase in value to the regular rate of adoption and it has now become an asset. Bitcoin was created for financial freedom from third party which makes it more superb than any other currency. Therefore, if you don't use it to purchase commodities, how do you enjoy the major importance of bitcoin. As long as you have bitcoin, you must spend it either by paying directly with bitcoin or you convert it to your local currency for spending. On the other hand it all boils down to how you understand what you will use your bitcoin for. Everyone has different reasons on how they want to use their bitcoin.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy.
It is understandable that you feel uneasy using your bitcoins to make purchase, it is because you have the mindset of a hodler and someone who has been attracted to bitcoins due to it's ability to be invested in to make profit not for transactional reasons. If you were attracted to bitcoins because of the you were tired of the 3rd party services from banks when making transactions to any part of the world, you will not have a problem or feel uneasy whenever you use your bitcoins for transactions. Using bitcoins for transactions is part of engaging all the benefits that it offers, not just the investment side.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
No not at all I bought my domains paid for my web hosting and paid for my service providers using Bitcoin and I feel good about it, there should be an allocation for purchases and for holding Bitcoin, we must use Bitcoin the way it should be if you want it to be fully adopted, I'm preaching and telling people to buy and pay services using Bitcoin so if I don't use it I'm not setting a good example.
Marketplaces are adopting Bitcoin because they expect people to use Bitcoin so if you are a true supporter of Bitcoin you should use it, using Bitcoin to buy services and products is considered a vote of confidence to Bitcoin.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
You hit the right spot. Even though I had purchased multiple gift cards from Amazon and other eCommerce websites from a third party vendor but I really feel the pinch. We all know that bitcoin has the potential to go to a much higher price point. Just like the pizza guy could have been a billionaire today but he missed the chance.
I really feel that while purchasing something with bitcoin. But when bitcoin takes care of my finances during the tough time, I feel grateful.
Good day to everybody! Recently, when I was considering BTC transactions, I came to the conclusion that the system is heading toward accepting bitcoin as payment. It's fantastic too!
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
Something valuable will feel uncomfortable if we spend it. The story of pizza and bitcoin is still very much remembered and you are reminded again.However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase. From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
As an innovative payment network, Bitcoin is free to use for any transaction for users who want to use it. For some countries that accept Bitcoin as a means of payment, spending something using Bitcoin is a convenience without being complicated.
If there are people who don't want to use Bitcoin as a means of payment because they just want to use it as an asset for investment, that's also not bad because one day it can bring benefits to those who hold it.
It all depends on each of us because Bitcoin is here as a solution.
However, my issue is that whenever I consider purchasing using Bitcoin, I feel uneasy. I'll never forget the man who bought pizza for more than 30 bitcoins; those bitcoins are really valuable. I, for one, don't want to be this man who pays with an asset whose value WILL increase.
The man have a lot of time to purchased again Bitcoin after he used it to buy pizza that time. Bitcoin is meant for spending. There’s no point on feeling bad for using it to the real purpose. The only time I will feel bad spending Bitcoin is when I have fiat in my wallet but I choose Bitcoin to spent because I become scared that the price will dump.But in a scenario that you need cash badly while your only option is using your Bitcoin then I won’t think twice on spending because I need it now not in 10 years or other year.
From a future viewpoint, it appears as though you are paying more for the goods. What do you think about that? For me, if I have some stablecoins, I try to use them to make purchases since it seems more comfortable. While things are still horrible on the market, I don't want to touch my BTC.
You are living on what if. If you don’t to feel this kind of things then don’t invest on Bitcoin all in so that you will have fiat to use for your daily needs instead of your Bitcoin holdings.
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