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Topic: Which one will you used? (Read 5069 times)

sr. member
Activity: 644
Merit: 299
July 09, 2017, 08:44:49 AM
I will definitely choose bitcoin. I may keep having the idea that the value may increase tomorrow, but then that is how trade and life is. Good luck to the person at the receiving end. But if I keep leaving my bitcoin without spending, then when will I eventually spend it?  When the value is $10000 and I start hearing that the price may get to $1m. I can't spend bitcoin when I'm old and gone, so what is the point. Use bitcoin, buy more when you have some fiat to save and you still not loosing anything.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
July 09, 2017, 08:39:33 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I will like to make a little analogy here as this: Bitcoin is money with intelligence while fiat is money in paper form. That's the way I always simply put it. If I were to choose between both as a means of payment, I will choose Bitcoin. It's easier for me in terms of doing transactions.
hero member
Activity: 2366
Merit: 594
March 16, 2017, 07:25:29 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I would still use fiat, because bitcoins price is always fluctuating, so, I could lose profits by using it on buying stuffs online, that is why if I could use fiat to buy the certain stuff that I want to buy, I would prefer to use it over bitcoin. It is important to make wise decisions on using our bitcoin just like this, we don't need to use it on something like this if we do have another option, and we don't need to convert it if we don't need it, if the price gets high, it doesn't mean we have to convert our bitcoin, that is what I mean.
legendary
Activity: 1302
Merit: 1000
March 16, 2017, 06:30:21 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

It depends on demand because right now there are very few shops who are accepting bitcoin and cost of each product will also be high when compared to fiat. Once competition arises in between the shop for accepting bitcoin than many people will start using bitcoin when compared to fiat.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
March 16, 2017, 06:12:53 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I would definitely use fiat in shops.Bitcoin has proved to be an ever growing currency.It has doubled in the last six months from $650 to $1250.I used to save my bitcoins for future of my family.May be bitcoin price may double in the next six months and it may reach $2500.
it was a good choice. the thought of it makes me want to keep my bitcoin in a very long time. in addition, it may be a loss if expenditures by using bitcoin, because as we get time, the price of bitcoin is increasing. may be within 6 months, the price of bitcoin can grow half of the price.
legendary
Activity: 3038
Merit: 1169
March 16, 2017, 06:04:27 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
Since bitcoin price reach $1200 level and cause higher fees and it takes a long time to confirmed, I can't imagine how we could use it for buy an apple in a shop which it need more than (in fiat money) normal price to buy it as you need to pay higher fee too.
Another reason such as you have mentioned, people tend to save their bitcoin as long term investment due to the price grow up over time, so I vote for fiat money too.

Well Fiat Money is convenient for all people because it is the most use and not all can surely relate with bitcoin, and I think that the first fiat money that has been use in the galleon trade back then was just shell ornaments and silver, back then there are no specific currency for some countries that are not advance and back then it only needs the physical money for the transaction of trades and people then are more familiarize with fiat back then up till now!
hero member
Activity: 798
Merit: 506
March 16, 2017, 04:06:09 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
Since bitcoin price reach $1200 level and cause higher fees and it takes a long time to confirmed, I can't imagine how we could use it for buy an apple in a shop which it need more than (in fiat money) normal price to buy it as you need to pay higher fee too.
Another reason such as you have mentioned, people tend to save their bitcoin as long term investment due to the price grow up over time, so I vote for fiat money too.
hero member
Activity: 686
Merit: 500
March 16, 2017, 03:26:32 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I would definitely use fiat in shops.Bitcoin has proved to be an ever growing currency.It has doubled in the last six months from $650 to $1250.I used to save my bitcoins for future of my family.May be bitcoin price may double in the next six months and it may reach $2500.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
March 16, 2017, 03:18:00 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I simply choose fiat at this point because with bitcoin you would be forced to pay high fees every transaction if you don't put high fees your tx have a high chance of getting rejected. It's just more hassle imo as the network is flowing with countless transaction.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 16, 2017, 02:49:34 AM
For shopping I would certainly use Bitcoin over fiat and the main reason is anonymity. There are two big problems at the moment: unconfirmed transactions and the small number of people using Bitcoin. What I'm wondering is how are these shops accepting Bitcoin making profit if a catastrophe like Bitfinex happens and there's suddenly a price freefall of +$300? Shops that have been accepting Bitcoin years ago might have had profit over time because of the increasing price, but a quick fall of it would create problems for the owners, wouldn't it?
This is the main thing why owners would really hesitate to accept bitcoin as a form of payment for their goods because they are afraid on the volatility of bitcoin which they know they can lose profit anytime when bitcoins price would drop to the bottom.Bitcoin can be used on some stores but as of now its not possible on all parts of the world.
hero member
Activity: 672
Merit: 500
March 16, 2017, 02:49:07 AM
Well i prefer using Bitcoin for shopping instead of fiat, if there is any possibility to pay via Bitcoin. But unfortunately there is no possibility to use Bitcoin offline in my country, i can only use it online or convert my BTC to fiat.
sr. member
Activity: 938
Merit: 256
March 16, 2017, 02:45:17 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

if in my country has many stores that accept bitcoin transactions maybe I will always use bitcoin as a second currency other than the currency of the real
legendary
Activity: 1134
Merit: 1598
March 16, 2017, 02:36:31 AM
For shopping I would certainly use Bitcoin over fiat and the main reason is anonymity. There are two big problems at the moment: unconfirmed transactions and the small number of people using Bitcoin. What I'm wondering is how are these shops accepting Bitcoin making profit if a catastrophe like Bitfinex happens and there's suddenly a price freefall of +$300? Shops that have been accepting Bitcoin years ago might have had profit over time because of the increasing price, but a quick fall of it would create problems for the owners, wouldn't it?
hero member
Activity: 868
Merit: 1000
March 16, 2017, 02:29:35 AM
I use mainly BTC because it's much more convenient,but if I decide I want to keep my BTC I'll go for credit card for example.It all depends on whether you want to have more BTC in you wallet or not,and of course if you have another way of payment available
hero member
Activity: 966
Merit: 506
March 16, 2017, 01:06:17 AM
At first if there's a shop that accepts bitcoin here in my country, I will used both bitcoin and fiat as this are easy way As payment. Anyway here it goes for me its a case to case basis, If i have much more btc in my wallet Ill used it as payment. And, if easy for me to pay into fiat I will use it also as payment.


This is a great trick, being clever on spending money is good especially the fact of fastness and easiness to us users and spenders. And so for me, I can have the same  way of spending my bitcoin and my fiat.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 15, 2017, 07:21:20 PM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I will use bitcoin because it will help the community to promote bitcoin in any other places by just using it to pay the expenses and by just using bitcoin as a payment for the expenses is a great way to show to the owners that you like bitcoin rather than fiat and by just that it will encourage other shops to accept bitcoin also.
hero member
Activity: 854
Merit: 500
March 15, 2017, 06:59:41 PM
It depends on the situation, if it was online shopping then I would prefer bitcoin because of its convenience in transactions. But if I was paying for my coffee in a hurried morning then I would totally go for fiat money. As bitcoin still have problems about the transaction time, most people including me don't have the tendency to use bitcoin in real life. Like when I bought coffee the other day using bitcoin directly, I had to wait about a half hour for it to be confirmed before I can leave Cry
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
March 15, 2017, 05:24:46 PM
With the current scalability issue, I would prefer to use fiat when buying in local stores.  Aside from that the ever growing price value of Bitcoin is so enticing to keep it and hold it for a very long time.  Unlike fiat that depreciate in value, the diminishing feature of Bitcoin supply gives it a real advantage to keep and save it for the future.
member
Activity: 105
Merit: 10
March 15, 2017, 04:31:27 PM
I would prefer to use fiat in place of bitcoin for my daily purchases just because fiat has some fixed value. And bitcoin has a potential to grow. Therefore, I will use bitcoin rather as a potential investment. I wouldn't use bitcoin for purchases unless it is really required.
Your arguments are really correct and I think that most bitcoin users do exactly as you say. Bitcoin is a way to earn and spend bitcoin for a pittance will not be reasonable. Yes, and everyday life today without Fiat at all is impossible.
full member
Activity: 168
Merit: 100
March 15, 2017, 10:02:12 AM
I would prefer to use fiat in place of bitcoin for my daily purchases just because fiat has some fixed value. And bitcoin has a potential to grow. Therefore, I will use bitcoin rather as a potential investment. I wouldn't use bitcoin for purchases unless it is really required.
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