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Topic: Where and How to Spend Your Bitcoins? - page 16. (Read 13920 times)

legendary
Activity: 2982
Merit: 1028
July 20, 2018, 11:17:16 AM
#62
I just see BTC as a tool for speculation, I do not use BTC on the purchase and sale of goods and services.
Then you are missing the whole point of bitcoin, bitcoin is a currency it is true that it is not the best currency, when the network is busy the confirmation can be slow and expensive and it is not being accepted in a lot of places but despite all of those flaws bitcoin still is one of the best currencies around the world and using it only for speculation is a huge mistake.
Understanding the service that can offer would bring some good insight not only for speculation tools or investment assets but a system where payment services can be done, though what you have said is right when the network is busy fees getting to high in order to prioritize your transactions but there's a lots of room to improved and if this main idea will be adopted all over the world then this system can cater any transactions same thing what credit / debit card can process.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 20, 2018, 10:30:09 AM
#61
I just see BTC as a tool for speculation, I do not use BTC on the purchase and sale of goods and services.
Then you are missing the whole point of bitcoin, bitcoin is a currency it is true that it is not the best currency, when the network is busy the confirmation can be slow and expensive and it is not being accepted in a lot of places but despite all of those flaws bitcoin still is one of the best currencies around the world and using it only for speculation is a huge mistake.
sr. member
Activity: 630
Merit: 256
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July 20, 2018, 10:19:27 AM
#60
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



We can spend it almost everywhere. I don't know why people make fuzz about it as it is so simple to use bitcoin everywhere not he internet. Just consider it as brides between the crypto currency and the real world. You can have almost all the stuff (excluding food) online and buy them over there. You can buy with them either through intermediary sites like zeex who provides us transaction engine where BTC is paid and fiat payments are executed. There are many more such services and I think its easy to use if you go deeper into it.
newbie
Activity: 70
Merit: 0
July 20, 2018, 10:14:39 AM
#59
Here in our country has a digital wallet that have btc feature. We can use this wallet to convert bitcoin into our currency and use this to buy for our needs and some stuff.
sr. member
Activity: 476
Merit: 250
July 20, 2018, 09:46:28 AM
#58
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


maybe for my country, bitcoin can not be used for shopping and so on. for me bitcoin to make money, so i always use bitcoin to trade like join on ico.
people commonly use bitcoin as trading utility.and they can gained money from this way.trading give us much opportunity.we can see in coinmarketcap there is more than one thousands coin/token that we can traded.
sr. member
Activity: 1638
Merit: 300
July 20, 2018, 09:40:47 AM
#57
maybe for my country, bitcoin can not be used for shopping and so on. for me bitcoin to make money, so i always use bitcoin to trade like join on ico.

Well, Satoshi Nakamoto made a lot of reasons why he invented Bitcoin and I guess making it to make money is not one of them. Though today, Bitcoin is a crypto currency, an investment you hold or use to trade in order to gain profit in the near future. Though, I don't really spend it but use it as an investment to other new projects or crypto currencies.
sr. member
Activity: 532
Merit: 250
July 20, 2018, 09:32:51 AM
#56
The first time that I had bitcoin in my wallet I do try to withdraw it for the assurance that I can withdraw it and it is successful. Now I just spend my bitcoins when the value of it is increased and I spend them in those things that can make me happy and will last long in my life. In short those things that are worth to buy.
good purpose for your money spending.it is good for us if we withdraw our asset to usefull think for our life.such as paying life inssurance or some recreation for our family.
member
Activity: 294
Merit: 10
July 20, 2018, 09:26:44 AM
#55
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


I believe that if you intend to spend with bitcoin it will be very difficult, you can see that in the world today there are very few countries that recognize bitcoin as a currency and for legal circulation. Therefore, the use of bitcoin is very difficult and not convenient at this time.

I think you should convert to USD for easier exchange.
sr. member
Activity: 616
Merit: 250
July 20, 2018, 09:23:22 AM
#54
The first time that I had bitcoin in my wallet I do try to withdraw it for the assurance that I can withdraw it and it is successful. Now I just spend my bitcoins when the value of it is increased and I spend them in those things that can make me happy and will last long in my life. In short those things that are worth to buy.
full member
Activity: 462
Merit: 100
July 20, 2018, 08:39:15 AM
#53
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


maybe for my country, bitcoin can not be used for shopping and so on. for me bitcoin to make money, so i always use bitcoin to trade like join on ico.
hero member
Activity: 3024
Merit: 680
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July 20, 2018, 08:23:39 AM
#52
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC
Where? depends on the acceptance in your country. If there are business establishments that are accepting it then you can use it to buy those stuffs.

How? by paying those stuffs but if they aren't accepting crypto's ask them maybe they are interested.
full member
Activity: 644
Merit: 100
July 20, 2018, 08:06:09 AM
#51
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



 Nowadays, you can spend cryptocurrency in many ways, because lots of transaction can be used. Today, some country started to accept bitcoin and now, in Japan some Mall their is accepting bitcoin as a mode of payment and their is also a country that allowed it as mode of payment in the school miscellaneous. But for me, I like to hold it and wait for the bitcoin price to rise so that I can convert it.
full member
Activity: 714
Merit: 102
July 20, 2018, 08:03:38 AM
#50
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


I spend my bitcoin on some online shop website, like amazon.com and bhineka.com
I use it to buy some mining machines and gaming equipment. and the rest I redeem at FIAT currency to buy items I can not buy with bitcoin
newbie
Activity: 98
Merit: 0
July 20, 2018, 07:33:11 AM
#49
I just see BTC as a tool for speculation, I do not use BTC on the purchase and sale of goods and services.
full member
Activity: 364
Merit: 100
July 20, 2018, 07:31:42 AM
#48
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


There are stores who accept bitcoin as a mode of payment but these are rare in this times. The best way is to have a digital wallet.I use the application coins.ph ,in that wallet I can pay bills online and I can convert money into fiat so that I can spend them.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 19, 2018, 02:42:36 PM
#47
in my country there are restaurants and cafes that accept bitcoin as a payment, and there is also an online shope that accept payment using bitcoin.
When the network was very busy it was almost impossible to pay for anything that required a fast confirmation but now things are changing and when the lightning networks is finally working as intended paying with bitcoin at a restaurant will be faster and easier than paying with a credit card, you will be able to pay with your smartphone or your hardware wallet and get and instant confirmation while paying with a credit card takes at least a day for the transaction to be confirmed.
newbie
Activity: 12
Merit: 0
July 19, 2018, 06:16:10 AM
#46
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


I have invested for long time because I have many big dreams in the future and I want to overcome that dreams with crypto earnings. I want to buy my own house, I want to start my small business and I also want to buy all the luxuries of life for my family. That is the reason for my investment in cryptocurrency. The problem is making money and not using it.
jr. member
Activity: 350
Merit: 2
July 18, 2018, 06:40:58 AM
#45
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



if I use bitcoin is the right thing and not just for the no-cost thing you see I will use it as my partner in my life by using it right
full member
Activity: 462
Merit: 100
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July 18, 2018, 06:25:44 AM
#44
Mostly i just hold on to them and jusy let it grow. Whenever it grows i reinvest it to alt coins and other stronger coins. Then some coins i actually convert to Fiat then wire transfer it to my account. I convert alt coins to Ethereum then transfer it straight to my local wallet then wire it to an account.
legendary
Activity: 2506
Merit: 3645
July 18, 2018, 05:34:32 AM
#43
It's been a long time since Bitcoin turned from unknown to what we are now, it's not 2011 to worry about your coins.

 1. you can try -----> https://copay.io/ "Using this wallet you can buy Amazon cards and then buy what you need from that site."
 2. Localbitcoin & Paxful: Using these sites you can exchange Bitcoin for any coin in the world to your local one.
 3. online selling sites: There are a lot of markets now, to name a few [Peerhub, Bitify.com, Goods, Digital goods]
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