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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)
arwin100
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April 23, 2016, 11:44:33 AM
 #1421

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.

Yeah spending bitcoin now is not a very good idea because the upcoming price increase is coming and surely You can earn more with that if you have patience to wait  But if you really need to spend to buy foods and service and then why not as long as you spend it in good things and not in uselless matters. And i usually do that spending my bitcoin if i really need spend it.

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tn211
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April 23, 2016, 03:29:10 PM
 #1422

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.

Yeah spending bitcoin now is not a very good idea because the upcoming price increase is coming and surely You can earn more with that if you have patience to wait  But if you really need to spend to buy foods and service and then why not as long as you spend it in good things and not in uselless matters. And i usually do that spending my bitcoin if i really need spend it.

I would rather use newly bought bitcoins and spent it them using my current stash of bitcoins to spent it on items.
My feeling says the price will go really high this time. Over 500 dollars for sure.
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April 23, 2016, 03:31:15 PM
 #1423

nope, because I don't want to spend 40 minutes in public transport to reach coffee shop to buy overpriced coffee just because it is cool:(
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April 23, 2016, 04:18:27 PM
 #1424

nope, because I don't want to spend 40 minutes in public transport to reach coffee shop to buy overpriced coffee just because it is cool:(

I think you mean starbucks. But i understand this point. It is quite hard, even in you live in the city to find a shop which accepts bitcoin.
I hope this will change in time.
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April 23, 2016, 05:20:17 PM
 #1425

nope, because I don't want to spend 40 minutes in public transport to reach coffee shop to buy overpriced coffee just because it is cool:(

I think you mean starbucks. But i understand this point. It is quite hard, even in you live in the city to find a shop which accepts bitcoin.
I hope this will change in time.

The scenario would change with large stores next to us accepting bitcoin, but those days were not near. It takes years to reach such a level of acceptance among stores and people.

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thend1949
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April 24, 2016, 12:24:35 PM
 #1426


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 spend only my bitcoin in buying accesories of my phone but i need to cashout because the seller doesnt accept bitcoin,
And im buying my load in bitcoin because there are store here that accept bitcoin with 5% discount so this is so helpful for me

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April 24, 2016, 12:29:00 PM
 #1427

I do use it to top up my mobile phone. It is easier to do and the company I do it through give a discount for doing it using bitcoin. So it is a win for both involved Grin

arwin100
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April 24, 2016, 12:54:51 PM
 #1428


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 spend only my bitcoin in buying accesories of my phone but i need to cashout because the seller doesnt accept bitcoin,
And im buying my load in bitcoin because there are store here that accept bitcoin with 5% discount so this is so helpful for me

Me to i cashout money to buy food and gadgets with bitcoin and yes im active spending it because bitcoin is my use to by my needs like GAdgets. But i make sure i have money left in wallet so that i cannot left empty handed. But the wise choice for now is the save and spend later your money because Halving ia coming and price will go up and after halving you can cash out your money and spend it.

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April 24, 2016, 03:04:08 PM
 #1429

I do use it to top up my mobile phone. It is easier to do and the company I do it through give a discount for doing it using bitcoin. So it is a win for both involved Grin

Ha ha ha, I would like to spend it actively, but I can't because they are no many store are accepting bitcoin.
For me I just like to hold it for now. I don't really need to spend my bitcoin something that I don't use or really want.
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April 24, 2016, 05:43:25 PM
 #1430

I do use it to top up my mobile phone. It is easier to do and the company I do it through give a discount for doing it using bitcoin. So it is a win for both involved Grin

Ha ha ha, I would like to spend it actively, but I can't because they are no many store are accepting bitcoin.
For me I just like to hold it for now. I don't really need to spend my bitcoin something that I don't use or really want.

Same applies for everyone i suppose. Everyone is eager to spent their coins for real usage.
But the lack of usage makes it good in times where the price is steadily moving up.
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April 24, 2016, 06:53:33 PM
 #1431

Do you actively spend your bitcoins?
Of course, I have to pay my bills in some way.

I always keep a percentage of my earnings anyway. I need to think about my future as well.
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April 24, 2016, 07:00:18 PM
 #1432

No, it is not the time to spend our bitcoins actively, but only passively if feel intense need, nowadays I am preparing for the halving and want to collect a large number of coins and want to see them double up at this halving.

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April 24, 2016, 07:08:11 PM
 #1433

I always spend my bitcoin.
I usually pay my gym with bitcoin and VCC.
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April 24, 2016, 08:17:21 PM
 #1434

I do use it to top up my mobile phone. It is easier to do and the company I do it through give a discount for doing it using bitcoin. So it is a win for both involved Grin

Ha ha ha, I would like to spend it actively, but I can't because they are no many store are accepting bitcoin.
For me I just like to hold it for now. I don't really need to spend my bitcoin something that I don't use or really want.

Same applies for everyone i suppose. Everyone is eager to spent their coins for real usage.
But the lack of usage makes it good in times where the price is steadily moving up.

People are not spending at a moment, they are just holding thinking that they will be making great profits by selling at the time of halving when price goes higher.
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April 24, 2016, 09:05:54 PM
 #1435

I always spend my bitcoin.
I usually pay my gym with bitcoin and VCC.

Here in my country the possibilties are quite limited. I mostly buy sigaretes and that's all to it.
I do hope it will grow and looking at the price i see that more people are stepping in which shows the potential is still there.

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April 24, 2016, 09:13:23 PM
 #1436

I always spend my bitcoin.
I usually pay my gym with bitcoin and VCC.

Here in my country the possibilties are quite limited. I mostly buy sigaretes and that's all to it.
I do hope it will grow and looking at the price i see that more people are stepping in which shows the potential is still there.

Limitations of spending bitcoin physically everywhere, but now its good to see that many sites are coming with accepting bitcoin and also provides good discount if we pay with bitcoins.
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April 24, 2016, 09:18:25 PM
 #1437

Actually my current amount of bitcoin is very, very small, and that is my main limitation to spend frequently my coins. But I just need to increase a bit more my current amount to actively move and exchange my coins.

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April 24, 2016, 10:13:26 PM
 #1438

Actually my current amount of bitcoin is very, very small, and that is my main limitation to spend frequently my coins. But I just need to increase a bit more my current amount to actively move and exchange my coins.

Try to collect maximum coins at a moment and spend when halving occurs, as spending at that time will give you higher value in compare to present time.
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April 25, 2016, 08:48:56 AM
 #1439

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.
I am not spending Bitcoins now and the reason is because the value is not that high now and I think that the value will be more in the future and that can be good.
The halving is also coming so than maybe it will be more in the future so you can have more profit with it so that is nice.
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April 25, 2016, 09:17:23 AM
 #1440

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.
I am not spending Bitcoins now and the reason is because the value is not that high now and I think that the value will be more in the future and that can be good.
The halving is also coming so than maybe it will be more in the future so you can have more profit with it so that is nice.

Yeah that's correct, do not spend  now if you want to earn higher profits in future as price will be better at the time of halving so you can sell at that time.
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