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Question: Would/Do you spend your current bitcoins in stores (or online)?
Yes - 215 (54%)
No - 183 (46%)
Total Voters: 398

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Author Topic: Do you actively spend your bitcoins?  (Read 256540 times)
MbitSport
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November 19, 2015, 10:26:48 AM
 #101

Nowadays i do almost all of my groceries and other smaller purchases with bitcoin debit card. I can pay everything exept gasoline from automated gas stations by BTC. I´m also considering to have (part of) my salary and pay all of my bills by bitcoin. I just need to make sure i buy same amount or more BTC than i spend them monthly Smiley

Thats awesome, whats the rates like paying with a bitcoin debit? i imagined it would of been quite expensive, but i would love to be in that position, my HOPE is to have between 1-5 bitcoins in cold storage by the end of 2016 and up to 1btc in a hot wallet to spend when i need too which i hope to keep topped up to use whenever i need too.
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November 19, 2015, 10:33:22 AM
 #102

Not yet, but I would love to someday

Once I get enough I will

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November 19, 2015, 10:44:49 AM
 #103

My spending habits are slowing down since I am more accumulating Bitcoins than actually spending them. But with Bitcoin black friday comming soon I will definitely spend some coins on interesting deals if I need them or if I can resell them for a profit. If there is nothing I need or I can resell, I won't buy anything.

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November 19, 2015, 11:13:36 AM
 #104

I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
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November 19, 2015, 02:28:43 PM
 #105

Bitcoins are used everywhere in the world, whether in large or small proportions. It is accepted by some websites also for payment. But, it is still not accepted in many retail stores. Reason?
Bitcoin is not used by each and everyone. They will only accept bitcoin when it's used by majority, which has still not happened.
So, i don't have any choice to spend them. Currently, i use it for recharges.
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November 19, 2015, 05:42:06 PM
 #106

Not really no. I just invest in them currently.

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November 19, 2015, 06:22:39 PM
 #107

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.
Its actually good to hear that they accept Bitcoin in coffee shop. Bitcoin is becoming the global currency. Bitcoin value will increase only if people spend some of the BTC. If everyone wants to hold Bitcoin there will be no circulation and BTC will decline.
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November 19, 2015, 07:40:56 PM
 #108


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

Yep I actively spend my bitcoin, usually I cash it out then buy stuffs in real life and sometimes I use it to buy mobile load via coins.ph. I also do hold some but not as much as I spend.
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November 19, 2015, 08:31:47 PM
 #109


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

Yep I actively spend my bitcoin, usually I cash it out then buy stuffs in real life and sometimes I use it to buy mobile load via coins.ph. I also do hold some but not as much as I spend.

Nice, so do you get your paycheck (inocome) via bitcoin and then exchange it?

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November 19, 2015, 09:15:01 PM
 #110


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

Yep I actively spend my bitcoin, usually I cash it out then buy stuffs in real life and sometimes I use it to buy mobile load via coins.ph. I also do hold some but not as much as I spend.

Nice, so do you get your paycheck (inocome) via bitcoin and then exchange it?

Nope, its not from my paycheck, just some bits I earned on selling online stuffs, doing paid task and from sig campaigning.
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November 20, 2015, 09:28:04 AM
 #111

i use my bitcoin for my monthy bills, in first few month the electric and water company doesnt
accept bitcoin as a payment so i have to convert it into cash, bbtu thing have change
now i am able to pay my bills with bitcoin which is a lot easier and faster.

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November 20, 2015, 09:57:48 AM
 #112

Nowadays i do almost all of my groceries and other smaller purchases with bitcoin debit card. I can pay everything exept gasoline from automated gas stations by BTC. I´m also considering to have (part of) my salary and pay all of my bills by bitcoin. I just need to make sure i buy same amount or more BTC than i spend them monthly Smiley

Thats awesome, whats the rates like paying with a bitcoin debit? i imagined it would of been quite expensive, but i would love to be in that position, my HOPE is to have between 1-5 bitcoins in cold storage by the end of 2016 and up to 1btc in a hot wallet to spend when i need too which i hope to keep topped up to use whenever i need too.

There´s no extra costs or fees when paying with btc -debit card, only 1usd mothly maintenance fee. So far it has been working everywhere just like regular visa (debit) card. If you withdrawal cash from atm, then there is a few euro/usd fee but i personally rarely need any cash nowadays. Sure there are usually some fees when buying btc (to "load" card.) I can change euro to btc without any fees, so i only pay 1usd/month to use my btc card Smiley
      I still have some coins i have bought with lower price than it is today, so i like to think it´s sort of free groceries for me Smiley But the main reason to use btc is to support btc economy.
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November 20, 2015, 11:03:44 AM
 #113

Some times I spend it for some games.

But no I am just holding for increase.
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November 20, 2015, 11:11:32 AM
 #114

At this moment i keep them.
I hope one day the price will rice a bit more.

                                   
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StevenLiang
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November 20, 2015, 11:14:17 AM
 #115

I bought a jacket a few days ago with BTC Smiley

It's awesome. Wish I could purchase more expensive stuff, but, oh well.

where you buy a jacket with bitcoin ? Im interesting to buy it too Smiley
any support to asian market ? shipping ?

Any suggestion place to buy Jacket with BTC guys?
It would be good if ebay and amazon accept bitcoin as their payment. I still looking for trusted place to buy jacket with cool design.
MbitSport
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November 20, 2015, 02:45:25 PM
 #116

Nowadays i do almost all of my groceries and other smaller purchases with bitcoin debit card. I can pay everything exept gasoline from automated gas stations by BTC. I´m also considering to have (part of) my salary and pay all of my bills by bitcoin. I just need to make sure i buy same amount or more BTC than i spend them monthly Smiley

Thats awesome, whats the rates like paying with a bitcoin debit? i imagined it would of been quite expensive, but i would love to be in that position, my HOPE is to have between 1-5 bitcoins in cold storage by the end of 2016 and up to 1btc in a hot wallet to spend when i need too which i hope to keep topped up to use whenever i need too.

There´s no extra costs or fees when paying with btc -debit card, only 1usd mothly maintenance fee. So far it has been working everywhere just like regular visa (debit) card. If you withdrawal cash from atm, then there is a few euro/usd fee but i personally rarely need any cash nowadays. Sure there are usually some fees when buying btc (to "load" card.) I can change euro to btc without any fees, so i only pay 1usd/month to use my btc card Smiley
      I still have some coins i have bought with lower price than it is today, so i like to think it´s sort of free groceries for me Smiley But the main reason to use btc is to support btc economy.

Thanks, i think the bitcoin debit card is such a great idea, i think now maybe i will look into getting one to use and split my hotwallet with it.

I bought a jacket a few days ago with BTC Smiley

It's awesome. Wish I could purchase more expensive stuff, but, oh well.

where you buy a jacket with bitcoin ? Im interesting to buy it too Smiley
any support to asian market ? shipping ?

Any suggestion place to buy Jacket with BTC guys?
It would be good if ebay and amazon accept bitcoin as their payment. I still looking for trusted place to buy jacket with cool design.

Do you mean like buy a Bitcoin Jacket? or Buy a Jacket with bitcoin?

If its the latter, maybe a bitcoin card would be handy for you also, then you can buy any jacket with bitcoin =)
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November 20, 2015, 08:39:33 PM
 #117

I bought a jacket a few days ago with BTC Smiley

It's awesome. Wish I could purchase more expensive stuff, but, oh well.

where you buy a jacket with bitcoin ? Im interesting to buy it too Smiley
any support to asian market ? shipping ?

Any suggestion place to buy Jacket with BTC guys?
It would be good if ebay and amazon accept bitcoin as their payment. I still looking for trusted place to buy jacket with cool design.

Yes check out coinpayments diectory:
https://www.coinpayments.net/store-directory

They have a lot of sites who accept bitcoin & altcoins.
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November 20, 2015, 08:59:03 PM
 #118

I am not aware of any retailer for clothing that accepts bitcoin, for hardware there are plenty of options.

But a little google search brought pleny of options:

https://www.shopify.com/blog/10480345-75-places-to-spend-your-bitcoins
http://www.bitcointrading.com/forum/spend-bitcoins/online-stores-accepting-bitcoins/
http://merchants.cryptodir.com/shops

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November 20, 2015, 09:58:54 PM
 #119

I just wish so many more companies would accept bitcoin. It would give so much value to bitcoin..
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November 20, 2015, 10:01:46 PM
 #120

I am following this strategy to "spend" my bitcoins (because in my opinion this is not a real expense, but an investment): I use to trade in forex my fiat money; when I need to withdraw money my brokers give me the option to withdraw it in BTC or dollars; when BTC is cheaper I whitdraw only BTC, and when BTC is high, I use to deposit into my trading account a good amount in bitcoins, this way I do a kind of beneficial exchange.

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