Which service if available in India would you avail for cryptocoins?
Do Indians want to spend their coins?
Do Indians want to spend their coins?
Nopes ...I prefer to HODL
I am HODLing too. Don't have much anyway to worth spending them now.
Topic: Who's spending their coins? (Read 1430 times)
Nopes ...I prefer to HODL
I am HODLing too. Don't have much anyway to worth spending them now.
I have spent 1 bitcoin till date, bought a pair of headphones 
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.
Ok then. I have an idea to take this survey to the field. Will disclose the findings soon.
Just FYI
We are working on a service where about 100+ merchants across India will start accepting bitcoins and other cryptocurrencies
However the problem is not accepting it. The problem is nobody want to spend it.
Will look forward for a change in consumer behavior.
Regards,
Amit Kumar
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.
Ok then. I have an idea to take this survey to the field. Will disclose the findings soon.
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
If a single thread can get you to reach that conclusion, then your survey is not correct.
There are people spending Bitcoin. A go-karting place in Mumbai recently started accepting bitcoins and I have received news that some funds are trickling in. Their main clientele happen to be the young and hip kids who have enough of daddy's money to stay in the game.
The merchant has to identify his clientele and then accept Bitcoin to see the real impact.
So pretty much most of the regular enthusiasts have replied and rarely do they wish to spend for a service.
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
Few days ago, I convinced my 2 businessmen friends to start accepting BTC to which they replied they would gladly, if Indians are spending them. They are BTC geeks and their opinion is of some worth to me. This survey tells me something important; any kind of crypto merchant services are a bad startup to do in India for now.
I hope you disagree and disapprove me guys but look at the comments!
You know dashingriddler, how tough for traders like us to get some Bitcoins out of our rolling for spending...We are always either short of FIAT or Bitcoins 
Regards
As if i do not know now ! For me most of the times it is short of FIAT though. Regards
You know dashingriddler, how tough for traders like us to get some Bitcoins out of our rolling for spending...We are always either short of FIAT or Bitcoins
Regards
Regards
We have spent some coins for advertising etc.
Regards
Yeah yeah, i remember you paid me for GBC sponsorship in bitcoins. Regards
We have spent some coins for advertising etc.
Regards
Regards
I would - for a spa
Go to chandigarh for spa and salon
Yep, they stopped.
Did they got even a single payment in Bitcoin
Regards
According to me, a boutique accepting bitcoin would rock ! Think about it 
I would - for a spa
Go to chandigarh for spa and salon
Yep, they stopped.
I would - for a spa
Go to chandigarh for spa and salon
Spent bitcoins (converted them to fiat at current rate) for magazine subscription
currently not spending any just have small portion to hold
just have small portion to hold So basically no one wants to spend here. That explains lack of business perhaps?
lol, Its India and India is famous for saving not spending.
So basically no one wants to spend here. That explains lack of business perhaps?
I would - for a spa
Go to chandigarh for spa and salon
Yep, they stopped.
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