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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)
Hellacopter
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April 18, 2016, 03:21:12 PM
 #1361

I spend usually a part of my bitcoins and i try to hold the remaining because i expect that the Bitcoin's price will increase highly in the near future. Spending all the coins isn't profitable because if the price rise to the moon we lose a great opportunity.
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April 18, 2016, 03:41:59 PM
 #1362

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
Yeah I also have only spend some Bitcoins to do some online shopping but that's it. There are not many stores that accept Bitcoin so I have no option but to save my Bitcoins. Maybe if there were more stores that except Bitcoin I would spend more.

How about exchanging it to your fiat currency? Many people still don't have access to those bitcoin accepting merchants but still can purchase their desired goods by converting their bitcoin to fiat.

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April 19, 2016, 09:18:59 AM
 #1363

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
Yeah I also have only spend some Bitcoins to do some online shopping but that's it. There are not many stores that accept Bitcoin so I have no option but to save my Bitcoins. Maybe if there were more stores that except Bitcoin I would spend more.
Around this time I am not spending because I think and hope that it will be more worth later so I can buy more for it and that would be nice for me and for the most people.
The only thing is that you can never predict what will happen with Bitcoins and that is quite bad.
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April 19, 2016, 11:29:19 AM
 #1364

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.
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April 19, 2016, 01:12:42 PM
 #1365

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

That may be a long wait. But now that it is going up I guess you are feeling the prophecy that is coming true and getting excited. For me I am just waiting for that high level then sell it. Profit in minimal increase can be large if you are doing it always.





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April 19, 2016, 04:04:13 PM
 #1366

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

If everybody does that, then the bitcoin is useless, the bitcoin value will not increase due to less adoption.
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April 19, 2016, 04:12:01 PM
 #1367

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

If everybody does that, then the bitcoin is useless, the bitcoin value will not increase due to less adoption.

Yeah bitcoin should be spent, if you just keep it idle then it will loose its shine and value in future, if bitcoin is spent on regular interval then we will see good price in future.
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April 19, 2016, 04:27:15 PM
 #1368

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

If everybody does that, then the bitcoin is useless, the bitcoin value will not increase due to less adoption.

Yeah bitcoin should be spent, if you just keep it idle then it will loose its shine and value in future, if bitcoin is spent on regular interval then we will see good price in future.
Even you just hold it and dont spend bitcoins. bitcoins still have a higher value more and more every year because here in my country is nearly planning to start accepting bitcoin so i think its impossble that the value will decrease in the future..


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April 19, 2016, 04:30:59 PM
 #1369

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

If everybody does that, then the bitcoin is useless, the bitcoin value will not increase due to less adoption.

Yeah bitcoin should be spent, if you just keep it idle then it will loose its shine and value in future, if bitcoin is spent on regular interval then we will see good price in future.
Even you just hold it and dont spend bitcoins. bitcoins still have a higher value more and more every year because here in my country is nearly planning to start accepting bitcoin so i think its impossble that the value will decrease in the future..

Bitcoin is getting more popular and the price will rise in future for sure, so I would prefer to hold majority of coins for future and will spend only if I am in emergency.
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April 19, 2016, 08:39:34 PM
 #1370

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

 I am going to spend it later I think. The value of Bitcoin is now very low. And so you cant even buy something. I think. The best option is now to wait a while.
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April 19, 2016, 08:42:16 PM
 #1371

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

 I am going to spend it later I think. The value of Bitcoin is now very low. And so you cant even buy something. I think. The best option is now to wait a while.

Yeah waiting till the halving can be the key to success as even if we convert our bitcoin to fiat we get very less cash in hand but if we does at the time of halving then we can expect value of fiat.
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April 19, 2016, 09:02:20 PM
 #1372

I believe majority of people don't spend coins, maybe trading with them or something else but only small
number of users actively spending bitcoin as money. Expectations are very high these days.

Yes that is true as majority of us feels that price will be higher at the time of halving so no one wants to spend their coins at a moment.


Yeah people who are using bitcoin now have been waiting for the halving if it werent for the halving maybe users will just trade and invest their bitcoin daily.
yeah because many people buy bitcoin for the purpose of investment so that's why they do not spend bitcoin or shopping with bitcoin. they just want to get benefit and profit from rising prices later.
The profits will be pulled to the bank fiat most people do it


I think people are spending it digitally and they are holding only because they are not finding any physical place to spend it, but holding at a moment is the best thing to do.
But still there are a lot of people who are actively spending bitcoins and also have kept some amount for the halving waiting that it will increase our money. I am also one of them whenever I need somewhere to spend bitcoin I actively spend there and also kept them for halving.

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April 19, 2016, 09:04:25 PM
 #1373

Yes. I spend them buying alt-coins just so I can sell them back for Bitcoin.

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April 19, 2016, 09:08:09 PM
 #1374

Few people bought my Absinthe essense on this forum but I expected more

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April 20, 2016, 07:33:59 AM
 #1375

No I have never spend any Bitcoins because I am just waiting for the price to go up in the future. If I am going to spend coins now I am afraid that I will regret it later because I can make money with it.

If everybody does that, then the bitcoin is useless, the bitcoin value will not increase due to less adoption.
I am not spending the Bitcoins in stores because I think that the value is now not high enough to sell it and that can be bad if you are now spending Bitcoins around this time.
It will be better if you are waiting a longer time so you can have maybe more profit.
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April 20, 2016, 07:50:01 AM
 #1376

I never spend any of my Bitcoins because that is not what I am here for. There are no stores that accept Bitcoin where I am from so I really cannot spend any Bitcoins. If I want to buy something I just use cash.
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April 20, 2016, 08:04:20 AM
 #1377

yes I do spend them actively, mostly I spend them on digital goods on this forum itself because there is a lot of things that people offer digital.
I really think its pretty nice there are already so much thing you can buy with the bitcoin plus its only getting more and more.
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April 20, 2016, 12:00:08 PM
 #1378

I recently got my bill paid with bitcoin because my fiat depleted due to summer activities. Yes Im actively spend bitcoin but not all the time since I don't want to waste some supposed profit if the price gone wild.

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April 20, 2016, 12:44:41 PM
 #1379

I recently got my bill paid with bitcoin because my fiat depleted due to summer activities. Yes Im actively spend bitcoin but not all the time since I don't want to waste some supposed profit if the price gone wild.

Yeah price is gonna good in coming times and that is the reason I am not spending my coins as I have a feeling that price will rise in future and it will give me additional profits.
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April 20, 2016, 01:12:48 PM
 #1380

I recently got my bill paid with bitcoin because my fiat depleted due to summer activities. Yes Im actively spend bitcoin but not all the time since I don't want to waste some supposed profit if the price gone wild.

Yeah price is gonna good in coming times and that is the reason I am not spending my coins as I have a feeling that price will rise in future and it will give me additional profits.

Yes i am actively spending my bitcoins when i need something to buy i will cash it out to banks and i am spending it also to pay my debts and service  online. But for now i am saving my bitcoin because i am waiting for halving event and hoping to earn more with it.

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