Ninjastic
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Board Economics
Re: Spending Bitcoins
by
bitkilo
on 04/03/2017, 13:23:19 UTC
Quote from: WarThunder on March 04, 2017, 11:44:01 AM
Quote from: bitkilo on March 04, 2017, 05:20:21 AM
Quote from: delliaerd on March 04, 2017, 04:51:52 AM
Quote from: bitkilo on March 03, 2017, 10:47:05 PM
Quote from: Klima on March 03, 2017, 08:39:50 PM
I am sure that many would love to spend Bitcoin if the infrastructure was well developed. But now, some may only buy and hold Bitcoin. This is due to the fact that there is no way to pay for goods using Bitcoin. I do not often spend their Bitcoins
What are you saying there is no way to pay for goods using bitcoin, lots of online retailers are already accepting it.
I even pay all my bills using bitcoin.
Yes Agree with that, many websites that accept bitcoin as a payment method. even many offline stores in several countries that accept bitcoin as well. so it depends on the knowledge we have, if we continues to be active in this forum, then we can know where to use bitcoin to buy goods or services.
in Russia, there are some companies that facilitate Russian society to pay the phone bill and internet bill using bitcoin.
I am quite surprised that you have much services available at all in Russia for bitcoin considering the tough stance they seem to have being taking on bitcoin over the last few years, maybe they are starting to come around and it's good to see.

I would like to see some of the bitcoin sales figures that some of the bigger bitcoin accepting countries for good they have sold for bitcoin payment, companies like Dell and Microsoft would be great examples since their market is already manily geeks and nerds like us bitcoin crazies  Tongue
It seems not all users have a ways to implement bitcoin for their needs, but I would advise to remove the ambition and desire to continue to set aside, and keep your bitcoin. After a couple of years for your coins, you will be able to afford much more than now.
Holding is looking like a safer option for good futures but for that scenario to happen faster bitcoin also needs to be used as a daily currency for people to take notice and want to buy some.
Greater demand placed on a currency in some countries would just have them printing more but that is not possible with bitcoin so the value of the coins already in circulation gains in value and we all get richer in code.