Hodling bitcoins vs spending

Often when the topic of spending your bitcoins come up there are several people who post something like “But what if the price goes up after I spend my bitcoins!?! I’d rather hodl because the price will go up.”. This is some rather short sighted thinking. Does that mean that…

Pay for Skype with bitcoins

Being overseas I use Skype for my phone service so I have to pay yearly for my phone number. I used to use gyft.com but they no longer offer Skype. I found http://giftoff.com which does offer Skype gift cards. My yearly bill came out to $39 on Skype. Giftoff provides a $10…

Buying food with bitcoins Part 1

    Ok, so most of the places I have covered so far are well known in the Bitcoin community. But I think most people wonder about daily items like buying food with bitcoins. Everyone looks forward to the day when you can walk into the grocery store, scan a…

Paying for bills in Europe

A convenient site for paying bills with bitcoins while in Europe is using BitWala (http://www.bitwala.com). I have used this site to pay my rent and I have also paid my many speeding tickets (speed cameras) with this site. You sign up initially with an e-mail verification you can send up…

Shopping on Amazon

There are several ways to make Amazon.com purchases with bitcoins until Amazon starts accepting Bitcoin directly. One of the best ways to make Amazon purchases using Bitcoin is via Purse (http://www.purse.io). This is an amazing website if you ever make any Amazon purchases because it can give you up to…

Hotel stay

As I mentioned before, I travel a lot. When I do I usually purchase my room through Expedia (http://www.expedia.com). Expedia is like most large hotel search websites, you put in the dates of your trip and any other information and you get a list of hotels for those dates with…

Paying for flights with bitcoins

I fly a lot and am glad that I have been able to use bitcoins to do so. Using CheapAir  (http://www.cheapair.com) I have the option of paying for my plane ticket with bitcoins. The site is like most big name airfare websites where you enter your source and destination along…

Bitcoin wallet

Your bitcoin wallet is where you keep your bitcoins. I will not go into every detail but I keep my bitcoins in what is called cold storage and I also have a hot wallet. For cold storage I download the VanityGen (https://bitcointalk.org/index.php?topic=25804.0). By running this I get a public key…