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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 256541 times)
bakingbad
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April 05, 2016, 05:46:12 PM
 #1281


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.

i can't say that i very spend them, but i also can't say that i don't spend them at all, because usually i just spend them once or twice a month, to pay for something small, but i am sure that others spends it more than i do,  because if there would be no bitcoin users at all, no stores would accept bitcoin as payment, while they do that now!
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Crazygreek
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April 05, 2016, 07:28:01 PM
 #1282

I am not spending it, just holding now before halving and hope that price will increase, i am gonna buy some coinse before it comes and than maybe i will start spending  Wink

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April 06, 2016, 12:04:44 AM
 #1283

I actively spend but not on any thing physical. I Play some dice and put small wagers on the horse races but that is about it. Not very productive I know  Cheesy
MaritiJames3
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April 06, 2016, 01:29:03 AM
 #1284

Yes I still spend them actively and I think this is also because its so easy for me to spend them plus there are so much things.
The digital goods section as a example is like a heaven for me if I'm honest with you guys.
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April 06, 2016, 08:30:35 AM
 #1285

We all gotta pay our bills, which leads to the question. How many of us really can afford holding 1-5 btc or more without that concern.

Yeah and you can see lots of post about they are holding btc's. Holding BTC0.1 won't help. If you are into holding you really needs more quantity of coins.

Better circulate those.
I think the person who owns or holds more than 10 bitcoin bitcoin would feel worried when the price of bitcoin experiencing rapid movement. if he doesn't spend bitcoin quickly certainly value will be reduced. and you will certainly pay more expensive.
but you'd be confused as to how to spend that much bitcoin

Altcoinsupporter
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April 06, 2016, 08:39:40 AM
 #1286

We all gotta pay our bills, which leads to the question. How many of us really can afford holding 1-5 btc or more without that concern.

Yeah and you can see lots of post about they are holding btc's. Holding BTC0.1 won't help. If you are into holding you really needs more quantity of coins.

Better circulate those.
I think the person who owns or holds more than 10 bitcoin bitcoin would feel worried when the price of bitcoin experiencing rapid movement. if he doesn't spend bitcoin quickly certainly value will be reduced. and you will certainly pay more expensive.
but you'd be confused as to how to spend that much bitcoin

It is also not the best strategy if you are spending now your Bitcoins, because the value is not even that worth to sell it so you wont get much money for it.
But to make some profit now you can trade it if you cant wait for a price increase, other people is also gambling but that is more riskier than trading so that can be bad.

If your plans are to sell your coins than you have to wait a little longer for a better value of Bitcoin.
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April 06, 2016, 09:06:02 AM
 #1287

Yes I spend them actively but not in real life because I have no local stores that are accepting the bitcoins here.
I only but things online from mostly bitify or the digital goods forum section over here on the forum.
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April 06, 2016, 09:27:12 AM
 #1288

I always use bitcoins in my everyday life,shopping online, joining to different ponzis,paying my bills and buying airtime for my mobile. Ive been doing this everyday in my life.
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April 06, 2016, 09:34:09 AM
 #1289

No I do not ever spend any bitcoins of mine. I just save them so I can later on sell them. That is really the only reason I am making use of Bitcoin at the moment. If I spend them I will just regret it later on when the price goes up I will be like "I should have saved them".
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April 07, 2016, 11:07:04 AM
 #1290

No currently I am not spending bitcoin actively, I am saving them, not for price increase but for my project, I am working to start a wellfare organization and for that I am saving each of my earnings.

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April 07, 2016, 01:16:52 PM
 #1291

No I do not ever spend any bitcoins of mine. I just save them so I can later on sell them. That is really the only reason I am making use of Bitcoin at the moment. If I spend them I will just regret it later on when the price goes up I will be like "I should have saved them".

Well that's true.. if you are into the price, you should keep it and while you can still buy, buy a few at a time..after all everyone is thinking the same, to keep coins and sell it when the price is high..

But me im spending. My bitcoin already for investment, tradings and i pay it to small jobs i need. I invest in trading so my money will easily multiply in such period of time and i pay if i need a job to be done i pay bitcoin for salary for those who give hes service so my needs will be done

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April 07, 2016, 01:30:17 PM
 #1292

No currently I am not spending bitcoin actively, I am saving them, not for price increase but for my project, I am working to start a wellfare organization and for that I am saving each of my earnings.

That's great to hear mate that you are starting a welfare organization and you are saving your bitcoin for a good cause, saving bitcoin for future is the best thing to do. Anyways good luck on your project.
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April 07, 2016, 02:28:49 PM
 #1293

Spending might not the right term but Im actively using it by doing trades especially when there is a large margin of price increase and decrease. I don't want to missed the train that's why Im actively monitoring the daily chart.

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April 12, 2016, 07:35:12 AM
 #1294

Not in real life, online I do because it is now so easy to buy some things online with Bitcoin you can pay easily and it is also fast and safe so that is good for Bitcoin itself.
Many people are using Bitcoin as their payment method and that is getting also more popular.
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April 12, 2016, 08:16:39 AM
 #1295

Not in real life, online I do because it is now so easy to buy some things online with Bitcoin you can pay easily and it is also fast and safe so that is good for Bitcoin itself.
Many people are using Bitcoin as their payment method and that is getting also more popular.

Great! I guess that is really it should be used for it is its purpose also. Investment and as a mean of buying things though online. Better than most credit cards and other online currency.





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April 12, 2016, 08:56:43 AM
 #1296

Not in real life, online I do because it is now so easy to buy some things online with Bitcoin you can pay easily and it is also fast and safe so that is good for Bitcoin itself.
Many people are using Bitcoin as their payment method and that is getting also more popular.

Great! I guess that is really it should be used for it is its purpose also. Investment and as a mean of buying things though online. Better than most credit cards and other online currency.


Bitcoin is really better than most credit card who have high interest rate and best when sending money,about other currency well bitcoin is still good but less companies accept it.

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April 12, 2016, 09:19:56 AM
 #1297

Bitcoin is really better than most credit card who have high interest rate and best when sending money,about other currency well bitcoin is still good but less companies accept it.

It's because it is still in developing phase and there are many more to accept it sooner or later, the ones who will accept it later will regret for sure...
Anyways, it's actually better than anything when compared just because the fee is too much less and you have full control and no stress sending anything to anyone anywhere...

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April 12, 2016, 09:33:17 AM
 #1298

I do not actively spend my bitcoins. I sometimes use them for gambling but that is it. I just save the most of my bitcoins for the future. I do not want to spend everything and regret it later on.
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April 12, 2016, 09:36:16 AM
 #1299

I do not actively spend my bitcoins. I sometimes use them for gambling but that is it. I just save the most of my bitcoins for the future. I do not want to spend everything and regret it later on.


Regret is the only thing we can do if we screw something up,i to have been spending on gambling but only a few because im still waiting for a shop to open here.

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April 12, 2016, 11:41:11 AM
 #1300

For now, I only spend my Bitcoin for mobile load. Mostly, I use it for trading.
I wish that there are more merchant accepting bitcoins for payment, like restaurant, groceries, or transportation.

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