But how can you expect people to waste their btc in commodities that can be adquired with fiat? because it feels like exactly that, a waste. Its like buying gold, then going to the supermarket with gold.
Circulation of BTC increases its value.
Topic: Would u pay in bitcoin? (Read 8976 times)
But how can you expect people to waste their btc in commodities that can be adquired with fiat? because it feels like exactly that, a waste. Its like buying gold, then going to the supermarket with gold.
Circulation of BTC increases its value.
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Why would you, tho, just for the sake of hoping this contributes the price going up? Or because you really needed to use Bitcoin to buy that? See, thats why we are crashing. Theres always an element of speculation in every single Bitcoin though.
Right now I see it as advertising for Bitcoin.
When the dollar is crashing, and inflating to the moon, and banks are 'buying in' to pay off their bad loans, people will be wanting to stick their wealth somewhere where it will be safe. And now you can pay your Dish Network bill with it, as well as a lot of other things.
Given we will have to print fiat to the moon for our present federal budget, the value of our energy/creativity/life/time, or 'wealth', will be in jeopardy. That IS going to happen.
Bitcoin will be there, and it will be a world currency with inherent value.
BUY AND HODL.
Indeed, Bitcoin may be a potential safe haven in such a scenareo, but he's right tho, why would someone spend? Bitcoin seems to me like exactly that, a safe place to store your wealth in a world were banks can fuck you up at any given time, but let's be realistic, can be Bitcoin considered a currency when most people that gets into Bitcoin are going to Buy and Hodl? I reckon the small % of people spending Bitcoin for goods are wealthy Bitcoin people (super early investors) otherwise it seems like a waste of money.
But how can you expect people to waste their btc in commodities that can be adquired with fiat? because it feels like exactly that, a waste. Its like buying gold, then going to the supermarket with gold.
absolutely, i would buy some HW pieces with my btc, and maybe use them for mining, but i doubt there is still soem profit to be made
I buy with btc thing that i need from pc components to every day stuff.
I totally agree with you
Quote
If people do not spend/use their bitcoin for anything then the bitcoin economy will not prosper. If the bitcoin economy does not prosper then there is no reason for bitcoin to have any value in the first place
I totally agree with you
Spend, spend, spend!
I buy with btc thing that i need from pc components to every day stuff.
I totally agree with you
Quote
If people do not spend/use their bitcoin for anything then the bitcoin economy will not prosper. If the bitcoin economy does not prosper then there is no reason for bitcoin to have any value in the first place
I totally agree with you
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Why would you, tho, just for the sake of hoping this contributes the price going up? Or because you really needed to use Bitcoin to buy that? See, thats why we are crashing. Theres always an element of speculation in every single Bitcoin though.
Right now I see it as advertising for Bitcoin.
When the dollar is crashing, and inflating to the moon, and banks are 'buying in' to pay off their bad loans, people will be wanting to stick their wealth somewhere where it will be safe. And now you can pay your Dish Network bill with it, as well as a lot of other things.
Given we will have to print fiat to the moon for our present federal budget, the value of our energy/creativity/life/time, or 'wealth', will be in jeopardy. That IS going to happen.
Bitcoin will be there, and it will be a world currency with inherent value.
BUY AND HODL.
Indeed, Bitcoin may be a potential safe haven in such a scenareo, but he's right tho, why would someone spend? Bitcoin seems to me like exactly that, a safe place to store your wealth in a world were banks can fuck you up at any given time, but let's be realistic, can be Bitcoin considered a currency when most people that gets into Bitcoin are going to Buy and Hodl? I reckon the small % of people spending Bitcoin for goods are wealthy Bitcoin people (super early investors) otherwise it seems like a waste of money.
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Why would you, tho, just for the sake of hoping this contributes the price going up? Or because you really needed to use Bitcoin to buy that? See, thats why we are crashing. Theres always an element of speculation in every single Bitcoin though.
Right now I see it as advertising for Bitcoin.
When the dollar is crashing, and inflating to the moon, and banks are 'buying in' to pay off their bad loans, people will be wanting to stick their wealth somewhere where it will be safe. And now you can pay your Dish Network bill with it, as well as a lot of other things.
Given we will have to print fiat to the moon for our present federal budget, the value of our energy/creativity/life/time, or 'wealth', will be in jeopardy. That IS going to happen.
Bitcoin will be there, and it will be a world currency with inherent value.
BUY AND HODL.
Indeed, Bitcoin may be a potential safe haven in such a scenareo, but he's right tho, why would someone spend? Bitcoin seems to me like exactly that, a safe place to store your wealth in a world were banks can fuck you up at any given time, but let's be realistic, can be Bitcoin considered a currency when most people that gets into Bitcoin are going to Buy and Hodl? I reckon the small % of people spending Bitcoin for goods are wealthy Bitcoin people (super early investors) otherwise it seems like a waste of money.
Maybe try marcotheminer he does loans but might do a small sale and his trustworthy, I've dealt with him before.
Tomatocage is another good member that might help or be able point you in the right direction.
Tomatocage is another good member that might help or be able point you in the right direction.
Thanks for the info! I will remember these names.
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Why would you, tho, just for the sake of hoping this contributes the price going up? Or because you really needed to use Bitcoin to buy that? See, thats why we are crashing. Theres always an element of speculation in every single Bitcoin though.
Right now I see it as advertising for Bitcoin.
When the dollar is crashing, and inflating to the moon, and banks are 'buying in' to pay off their bad loans, people will be wanting to stick their wealth somewhere where it will be safe. And now you can pay your Dish Network bill with it, as well as a lot of other things.
Given we will have to print fiat to the moon for our present federal budget, the value of our energy/creativity/life/time, or 'wealth', will be in jeopardy. That IS going to happen.
Bitcoin will be there, and it will be a world currency with inherent value.
BUY AND HODL.
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Why would you, tho, just for the sake of hoping this contributes the price going up? Or because you really needed to use Bitcoin to buy that? See, thats why we are crashing. Theres always an element of speculation in every single Bitcoin though.
I just paid my Dish Network bill on line and was pleasantly surprised to see that one option to pay was "Bitcoin". So add Dish to the other huge companies that deal in Bitcoin.
There is a point in which Bitcoin will reach critical mass and take off, and I think we are about to reach that point.
It is now inevitable.
There is a point in which Bitcoin will reach critical mass and take off, and I think we are about to reach that point.
It is now inevitable.
Maybe try marcotheminer he does loans but might do a small sale and his trustworthy, I've dealt with him before.
Tomatocage is another good member that might help or be able point you in the right direction.
Tomatocage is another good member that might help or be able point you in the right direction.
Buy from people directly and you can buy small amounts I think Borisz, try local bitcoin or I guess there must be other places that give small amounts
Thanks! I will see if I can find some smaller exchanges (?) or alternatives. Localbitcoins is cool, unfortunately I live at a place where there are no sellers nearby...
Thanks for the advice! I might as well try it here on the forums.
Unfortunately there are no Bitcoin ATMs in my country.
Actually I found some places that accept alternative payments like Western Union, without any lengthy verification process, but the fees were simply outrageous.
Slovenia’s biggest Bank NLB published article ''Bitcoin: Is this the beginning of the end of the money?''.
But don't get excited. Slovenia is small and the bank is not doing well.
But don't get excited. Slovenia is small and the bank is not doing well.
The article retells Andreessen's scenario of someone paying in bitcoin at the supermarket cashier by pointing his smartphone camera at the QR address on the sales terminal's screen. Shouldn't the supermarket wait for at least one confirmation before acknowledging the payment?
Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future
Buy from people directly and you can buy small amounts I think Borisz, try local bitcoin or I guess there must be other places that give small amounts
Thanks! I will see if I can find some smaller exchanges (?) or alternatives. Localbitcoins is cool, unfortunately I live at a place where there are no sellers nearby...
there's nothing stops me to pay with btc 
Buy from people directly and you can buy small amounts I think Borisz, try local bitcoin or I guess there must be other places that give small amounts
Thanks! I will see if I can find some smaller exchanges (?) or alternatives. Localbitcoins is cool, unfortunately I live at a place where there are no sellers nearby...
Buy from people directly and you can buy small amounts I think Borisz, try local bitcoin or I guess there must be other places that give small amounts
As of right now, nope. Not enough btc. It would be like owning 1 once of gold and buying with it.
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