The price of crypto has been pretty volatile over the last few weeks and BTC has once again sunk below 11k.
Pretty oppotunistic of yours to make this comment after the market dipped though slowly over the time almost a month.
This made me curious about what the community does or plans on doing with its crypto assets today and in the nearest future. Do you hodl and hope for the price to skyrocket, or perhaps spend some of your coins on various goods and services, and if you do - what do you purchase? Is it even worth spending your coins on anything you can get using a credit card?
Transacting bitcoin is often not an option in many countries where the governments have put a grey zone on it, somewhat semi-legal status and thus many have to keep storing their coins till they get a P2P deal done. These are often risky but the only way to cash out your bitcoins, so you need someone trusted from your community.
Credit card payments are available though at the big fee. There are some service providers that allow such transactions but you are again at risk here.
Spending coins on online stores is still a very small market. You dont get daily necessities but just bitcoin-themed products on such markets which some people proudly promote - like bitcoin tee-shirts, mugs, caps. What use do these junk have anyway, I mean I would rather buy some stuff that I can use than buying clothes with bitcoin.