What do you spend your coins on?

[stufast]

Need to check out https://bitspend.net, wasn't aware of it.

[lazerpenguin]

First time hearing about bitspend, im going to try them out. I've mostly just been trading, and feel like its time to spend some now!

[spiderJ]

I'm hoarding for now 

[portice]

Get my gamble on.

[arnoldrimmer]

To be honest wahts is ther in Europe accept  Silk Road?

[51ay3r]

Wow bitspend is pretty awesome, wasn't aware of it.

[whatnow]

Everything I buy online.

http://www.bitspend.net

I get a big red error message in Chrome with a warning when I click that

Just tried the link in Chrome and did not have any problems.   I also use WOT and it stayed green so people have not been reporting any problems dealing with the site.

It sound like your computer has a problem with the site. It is a https secure site. Good luck finding the problem. Hope it is a minor one or disappears on a second try.

[tom78587]

Cash money through Dwolla

[small502]

I trade mine like theyre stocks, buying low and selling high  nets a tidy profit

[aigeezer]

I spent some on a BFL pre-order. Yeah, I know.

Fat lady is gargling though so maybe Real Soon Now.

[Bitcrush]

Hoard some, but I do spend occassionally with "some sites"

[kookoopuffs]

Hoard some, but I do spend occassionally with "some sites"

What sites?

I've been using giftcardbtc.com to pick up a few gift cards here and there.

[zeuzzz]

hanging on to them. Either they are gonna be worth a ton or nothing one day

Good idea, but, the value increases by the amount being used. If every one held on to their bitcoins they'd become worthless.

K.

This has made me wonder about the problem of people who die with a considerable bitcoin balance? Since no one else knows their passwords for their wallet, are these bitcoins just as dead as their old owner?

[salt]

hanging on to them. Either they are gonna be worth a ton or nothing one day

Good idea, but, the value increases by the amount being used. If every one held on to their bitcoins they'd become worthless.

K.

This has made me wonder about the problem of people who die with a considerable bitcoin balance? Since no one else knows their passwords for their wallet, are these bitcoins just as dead as their old owner?

Yes.  This increases deflation of the currency, but it shouldn't be an issue since Bitcoins are easily divisible.  In the scenerio that too many coins are lost, μBTC might be used.

Anyways, if you have a lot of BTC, make sure your family knows how to access and secure the funds if you should die suddenly.

[salt]

Everything I buy online.

http://bitspend.net

+1

Please try to buy WITHOUT Bitspend first. Although it's great and easy, Bitspend doesn't add much to the bitcoin ecosystem since it's not an organic adoption.

[kookoopuffs]

hanging on to them. Either they are gonna be worth a ton or nothing one day

Good idea, but, the value increases by the amount being used. If every one held on to their bitcoins they'd become worthless.

K.

This has made me wonder about the problem of people who die with a considerable bitcoin balance? Since no one else knows their passwords for their wallet, are these bitcoins just as dead as their old owner?

Yes.  This increases deflation of the currency, but it shouldn't be an issue since Bitcoins are easily divisible.  In the scenerio that too many coins are lost, μBTC might be used.

Anyways, if you have a lot of BTC, make sure your family knows how to access and secure the funds if you should die suddenly.

I guess this would be no different than if someone died with huge stacks of cash buried in his backyard. Since that person was hording and not spending, it really has no impact on the economy.