Where and How to Spend Your Bitcoins? - page 17.

Ramtapsbtc

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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 few shops or malls who acccept bitcoin payment depends the country where you living, if my country already accepted bitcoin as payment basically i would spend my btc into my needs and wants.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: Cult on July 15, 2018, 02:17:36 PM

You can pay to your friends and colleagues in crypto instead of fiat. That way you will acquaint more people with crypto and contribute to the mass-adoption a little.

This is a great idea. It increases the circulation, awareness, possibly even adoption if it pushes those friends to start crypto businesses or incorporate BTC into their existing business (or the business owned by their parents).

You can always check online for businesses that accept cryptocurrencies in your area. This is also a great way to learn about people who are interested in cryptos in your area. Telling someone who accepts BTC that you want to pay with it is a great way to start a conversation and meet new friends Wink

buternasek

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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.

Virtual miner

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Quote from: SixOfFive on July 17, 2018, 05:46:34 AM

I honestly don’t use Bitcoins for making payments. I rather use it as a long term investment. But you can spend Bitcoin in many ways.
1.   First of all, obviously you can purchase anything for Bitcoin if the dealer is ready to accept it.
2.   You can download paid movies, apps and games from Microsoft app stores by paying in Bitcoins.
3.   You can book you rooms and flights with Bitcoin.
4.   You can buy gold in exchange of Bitcoin and
5.   Even buy pizzas for it.

As more and more people are becoming aware of the crypto market the adoption of cryptocurrencies is also increasing. Therefore people have started looking out for ways to use and spend their Bitcoin. But the adoption is still not huge that people can use it as a currency. Also governments are not legalizing it. But you can pay in Bitcoin if dealer is willing to accept payment in it, Microsoft accept Bitcoin for downloading apps, you can buy pizza and book hotel rooms and flights on some specific websites.

LizZavet

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I think in future and little by now we can spend bitcoins and altcoins for bue different goods for different needs. Or receiving services.

SixOfFive

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I honestly don’t use Bitcoins for making payments. I rather use it as a long term investment. But you can spend Bitcoin in many ways.
1.   First of all, obviously you can purchase anything for Bitcoin if the dealer is ready to accept it.
2.   You can download paid movies, apps and games from Microsoft app stores by paying in Bitcoins.
3.   You can book you rooms and flights with Bitcoin.
4.   You can buy gold in exchange of Bitcoin and
5.   Even buy pizzas for it.

Damn3d

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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 am thinking there to spend my bitcoin is a stupid idea because bitcoin is having so much potential in this market with that I would be like a guy who spends 10000 bitcoins in his time to order two pizzas as we all know

Gameroid

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Quote from: acener on July 15, 2018, 11:11:51 AM

Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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

As for me , it is wise to earn something out of our earnings here in crypto. If I would spend it in putting up a small business so whenever I needed something to sustain all my daily necessities, I could gain it through that business. I'll make sure that I'll make it grow.

I do not think that it is good time to sell your bitcoin. I think that you should wait for some more time, because now we can see that bitcoin price has start increasing its price and therefore i can expect that after few months we will the bitcoin price trading in 20000$. We only need to remain patient and wait.

Cult

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Enter the future of gaming

You can pay to your friends and colleagues in crypto instead of fiat. That way you will acquaint more people with crypto and contribute to the mass-adoption a little.

South Park

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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

Most of the stuff you can get with bitcoin are going to be digital products but you can also get physical products online but the amount of goods you can get with bitcoin is still limited, also right now it is not the best moment to spend bitcoin, since spending bitcoin is the same as selling your bitcoin and with the price this low it is a mistake to do it, it is better to wait until the next bull market so you get more stuff for your bitcoin.

acener

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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

As for me , it is wise to earn something out of our earnings here in crypto. If I would spend it in putting up a small business so whenever I needed something to sustain all my daily necessities, I could gain it through that business. I'll make sure that I'll make it grow.

Vanhoang2000

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I spend my bitcoin in places where bitcoin is acceptable and when 'I need it I can sell it in a reputable trading platform like I can sell it in places I can trade with. People on price as well as on their value

carlisle1

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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 is a lot of online shop now that accepts bitcoin as mode of payments,same as those sites that has been created and starting to create that will accept bitcoin as service payments another are transaction payments for billings

And about altcoins.you can easily convert this to bitcoins and use it as what bitcoin functions is simple and helpful isnt right?

pallang

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Look for a stores that accept bitcoin as payment there are already some business accepting bitcoin and you can also convert it to paper money and buy what you want .

ayiaye

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I always redeem my bitcoin in a wallet that can be converted into my country's currency. but I only take half of my income for the needs of the important things. some of which I always reinvested, to earn more profits in the future.

xbl1008

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the question before that must be when would you spend your bitcoins, well we all can say we need something to survive and that involves money but when you are investing and knowing the fact how good your investment can be would it be nice to wait until it reach its peak before you used it to something that would reward your self.

Biscutard

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Quote from: kaushiks093 on July 14, 2018, 01:27:34 AM

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 exchanges existing already, and most shops are now accepting crypto as a payment so it is not that hard to spend them all. But for a newly listed token it will take time to get listed in more shops but instead accepts a well known crypto currency.

feehannah

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For me,i don't want to spend my bitcoins on unnecessary things.my plan is to keep it holding for a long term investment,to earn more profits in a right time of selling. Regarding on your question,that how to spend your bitcoin,you can also convert it to the hard cash through many ways.

shulio

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When there is enough crypto currency users, there will be enough shops that accepts crypto currency for shopping.

fcf1081

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I guess there is a way to that!, to use it in any establishment that cater them, trying to find a way where i can enjoy my cryptocurrency and to experience it, now a days with the latest technology there is possibility to use it.

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