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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 256547 times)
adibe
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April 22, 2016, 09:56:26 AM
 #1401

Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.
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April 22, 2016, 10:06:45 AM
 #1402

Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.

There's no right price to convert our fiat. If you have the guts to sold your coins today at any price then it's up to you. Just remember that you made profit out of your buying rate.
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April 22, 2016, 10:08:38 AM
 #1403

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.
No for the holding it is not the factor that they do not find any physical place to invest, if they need it they can convert them to fiat easily and can use them the real purpose of them of holding their bitcoin is only waiting for the halving.


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April 22, 2016, 11:25:18 AM
 #1404

I'm not usually the big-spender kind, even when it comes to the money that we're all used to. I'm still on the process of accumulating bitcoins (however slowly), so there's no sense for me to spend if my aim to have more of it. If I'm able to save an ample amount, maybe that's the time that I'd consider spending some.
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April 22, 2016, 11:56:58 AM
 #1405

I'm not usually the big-spender kind, even when it comes to the money that we're all used to. I'm still on the process of accumulating bitcoins (however slowly), so there's no sense for me to spend if my aim to have more of it. If I'm able to save an ample amount, maybe that's the time that I'd consider spending some.

Your case is good. Just accumulating and not actively spending it although in other cases, a lesser amount.

Spending actively our bitcoin gives healthy status in the bitcoin market. Usage, accumulations and even a simple exchange from fiat really gives an impact in the bitcoin world.

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April 22, 2016, 12:08:15 PM
 #1406

I am not spending at a moment and holding it for a long time to earn great profits so keep on holding until halving occurs.
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April 22, 2016, 02:30:57 PM
 #1407



You are right about that spending right now is just stupid with the halving that is coming, but in fact it also can be good because it is helping the bitcoin of course, the only downside is that there is most likely a price increase coming.

Nah who cares for halving if you really want to spend your coins or you really need to convert it in your fiat. Id rather use my coins even when there's halving coming if I really need money. I can accumulate coins again so why being like that.
In stores I am not spending that much, just a little and that is because the value is also becoming higher and that is perfect for the people who is already using some Bitcoin.
And sometimes I also spend some Bitcoin online and that is quite nice because it is also good to make some investments or trade to earn more money later.
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April 22, 2016, 02:56:12 PM
 #1408



You are right about that spending right now is just stupid with the halving that is coming, but in fact it also can be good because it is helping the bitcoin of course, the only downside is that there is most likely a price increase coming.

Nah who cares for halving if you really want to spend your coins or you really need to convert it in your fiat. Id rather use my coins even when there's halving coming if I really need money. I can accumulate coins again so why being like that.
In stores I am not spending that much, just a little and that is because the value is also becoming higher and that is perfect for the people who is already using some Bitcoin.
And sometimes I also spend some Bitcoin online and that is quite nice because it is also good to make some investments or trade to earn more money later.

Yeah spending online is good, as it also allows us some great discounts if we purchase by using bitcoin, but I am holding majority of coins for halving.
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April 22, 2016, 03:33:04 PM
 #1409

No I do not actively spend bitcoins because the bitcoin has a good future and with the halving in our sight, I do not want to spend a lot because I want to make as much as possible with the halving by holding my bitcoins.
Its just a matter of time before the halving is gonna rise these days.

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April 22, 2016, 04:03:42 PM
 #1410

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.

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April 22, 2016, 05:09:00 PM
 #1411

I think you`ll see more transaction now then before.

Only cause the whole spending in traditional places are way easier then 3 years ago, now that the bitcoin debit card has been out for 4 months now?

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April 22, 2016, 06:19:38 PM
 #1412

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

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April 22, 2016, 06:32:51 PM
 #1413

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

That is the right thing to do, as spending is also necessary to see higher price of bitcoin in future as only holding will not serve the purpose in long run.

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April 22, 2016, 07:25:00 PM
 #1414

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

One of the reasons for me to not spend my Bitcoins is indeed that I hold them as an investment. The other reason is simply that there is nothing that I need to buy. And the things that I do need can't be bought with Bitcoin.

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April 22, 2016, 07:29:49 PM
 #1415

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

That is the right thing to do, as spending is also necessary to see higher price of bitcoin in future as only holding will not serve the purpose in long run.
though there will always be people who will spend their bitcoins so if you will make a smart move you will most probably hold your bitcoins and not do anything else with it

i am buying my bitcoins with the spare money that i have regularly so i think that is a good plan and i never spend any of my bitcoins to be honest and i never will spend it
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April 22, 2016, 07:36:13 PM
 #1416

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

That is the right thing to do, as spending is also necessary to see higher price of bitcoin in future as only holding will not serve the purpose in long run.
though there will always be people who will spend their bitcoins so if you will make a smart move you will most probably hold your bitcoins and not do anything else with it

i am buying my bitcoins with the spare money that i have regularly so i think that is a good plan and i never spend any of my bitcoins to be honest and i never will spend it

If you will never spend it then why are you earning it, holding is good till halving to earn additional profits but holding too long can be risky if price falls in future.
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April 22, 2016, 07:41:51 PM
 #1417

Yes I actively spent my bitcoins, I hold only bitcoins, when I want to buy something not accepting bitcoin I convert to fiat only the exact amount to do it.
i doubt that it is a really great idea to do that, i think that it would be better to use services that you can use to buy stuff with bitcoins from shops that dont accept it though thats just my opinion

i dont spend my bitcoins too much at the moment because i am expecting a big price growth that will possibly happen in the near future though i used to buy pc games with it

That is the right thing to do, as spending is also necessary to see higher price of bitcoin in future as only holding will not serve the purpose in long run.
though there will always be people who will spend their bitcoins so if you will make a smart move you will most probably hold your bitcoins and not do anything else with it

i am buying my bitcoins with the spare money that i have regularly so i think that is a good plan and i never spend any of my bitcoins to be honest and i never will spend it

If you will never spend it then why are you earning it, holding is good till halving to earn additional profits but holding too long can be risky if price falls in future.
He's probably earning it to hold and save to see where the price goes, if it does drop chances are he will exchange it. I doubt there is anyone that will just hold something and never use it in some way, especially if the value starts to decline.

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April 22, 2016, 08:15:42 PM
 #1418

I spend it on gambling and converting it to fiat when I am need of hard cash, but rest I am holding for the halving to earn extra profits.
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April 22, 2016, 10:50:53 PM
 #1419

In my country there are not many ways to spend bitcoin. Therefore i am accumlating as many bitcoins as i can.
Hopefully some day the eco-system here in india will be mature.
You can trade your bitcoins on many online shops that even mediate between you and amazon with good price.

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April 22, 2016, 11:10:41 PM
 #1420

Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.

hay my friend, but my suggestion its still not best time to spend all coin because this is the rising moment price of bitcoin so If you have some bitcoin then hold it and when its worth will take 700$ after that you sell it and make good money.
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