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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)
GermanFoobla
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April 25, 2016, 09:19:26 AM
 #1441

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
I also have spend some coins for online shopping or a bit of gambling but I did not spend that many. I know that I can make money with Bitcoin so I try not to spend to may Bitcoins.
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April 25, 2016, 10:26:16 AM
 #1442

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
I also have spend some coins for online shopping or a bit of gambling but I did not spend that many. I know that I can make money with Bitcoin so I try not to spend to may Bitcoins.

If you are in any sort of emergency you should spend it, I spend only when I need it and that also is smaller amount,majority of them I am holding for halving.
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April 25, 2016, 10:45:19 AM
 #1443

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.

we should not have to suggest everyone to sell bitcoin at the time of halving as if we faced a large number of sellers at that time and at the same time the buyers' demand decreased then i sure that on that the price will come down to a bottom from where it will be hard enough to rise again.
harizen
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April 25, 2016, 10:57:39 AM
 #1444


we should not have to suggest everyone to sell bitcoin at the time of halving as if we faced a large number of sellers at that time and at the same time the buyers' demand decreased then i sure that on that the price will come down to a bottom from where it will be hard enough to rise again.

But without those freaking sellers during their target price at halving, we can't expect more dipping status at that time so it's now hard to achieve the roller coaster earnings but if they can afford to buy coins at that range of price then it's fine.

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April 25, 2016, 11:34:03 AM
 #1445

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.

we should not have to suggest everyone to sell bitcoin at the time of halving as if we faced a large number of sellers at that time and at the same time the buyers' demand decreased then i sure that on that the price will come down to a bottom from where it will be hard enough to rise again.
I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

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April 25, 2016, 11:48:52 AM
 #1446


I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

Yes. All in all it's just a matter of people execution beliefs if they feel they need to sold their coins.

And besides not all are holding and others uses BTC in regular basis disregarding the bitcoin price.

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April 25, 2016, 11:50:44 AM
 #1447

only few satoshi up to 0.01 here and there for small thing, the remaining is for when the price will be decent, and not massively undervalued
hi. how are you, friend?

I am a serious beggar. Any friends?
NordicRanger
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April 25, 2016, 01:39:38 PM
 #1448


I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

Yes. All in all it's just a matter of people execution beliefs if they feel they need to sold their coins.

And besides not all are holding and others uses BTC in regular basis disregarding the bitcoin price.
In stores I am not spending Bitcoin but online I do for trading and that can be quite nice for me so I can earn a little bit.
But you also see now there are now more stores that is accepting Bitcoin and that is perfect so it will be also more popular.
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April 25, 2016, 01:50:16 PM
 #1449


I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

Yes. All in all it's just a matter of people execution beliefs if they feel they need to sold their coins.

And besides not all are holding and others uses BTC in regular basis disregarding the bitcoin price.
In stores I am not spending Bitcoin but online I do for trading and that can be quite nice for me so I can earn a little bit.
But you also see now there are now more stores that is accepting Bitcoin and that is perfect so it will be also more popular.

I still don't see any physical shop in my country where I can spend it directly, I spend sometimes online but majority of coins I am holding and will spend when I see higher price at the time of halving.
Narosya
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April 25, 2016, 07:36:48 PM
 #1450

 I have spend some bitcoin recently to buy some GPU mining components. It is quite convenient process to pay with bitcoin.
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April 25, 2016, 07:53:02 PM
 #1451


I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

Yes. All in all it's just a matter of people execution beliefs if they feel they need to sold their coins.

And besides not all are holding and others uses BTC in regular basis disregarding the bitcoin price.
In stores I am not spending Bitcoin but online I do for trading and that can be quite nice for me so I can earn a little bit.
But you also see now there are now more stores that is accepting Bitcoin and that is perfect so it will be also more popular.

I still don't see any physical shop in my country where I can spend it directly, I spend sometimes online but majority of coins I am holding and will spend when I see higher price at the time of halving.
I paid once in a restaurant, called taxi, but had to wait for confirmations. (Direct) bitcoin transactions are not good for that kind of shopping. It piss me off even to wait 5 secs for cc paymnts. It will not work this way unless for 1000% hipsters.
JumperX
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April 25, 2016, 08:22:34 PM
 #1452


I don't feel so, those people who buy coins will often look for the price status and once it is a little bit low they start to buy and sell them when price goes high than they bought, also they  spent coins online to buy something they wish to buy.

Yes. All in all it's just a matter of people execution beliefs if they feel they need to sold their coins.

And besides not all are holding and others uses BTC in regular basis disregarding the bitcoin price.
In stores I am not spending Bitcoin but online I do for trading and that can be quite nice for me so I can earn a little bit.
But you also see now there are now more stores that is accepting Bitcoin and that is perfect so it will be also more popular.

I still don't see any physical shop in my country where I can spend it directly, I spend sometimes online but majority of coins I am holding and will spend when I see higher price at the time of halving.
I paid once in a restaurant, called taxi, but had to wait for confirmations. (Direct) bitcoin transactions are not good for that kind of shopping. It piss me off even to wait 5 secs for cc paymnts. It will not work this way unless for 1000% hipsters.

It will be more advanced in future,but right now I don't feel to spend as price is not too high, so holding now is the best thing to do with bitcoin.

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April 25, 2016, 08:34:49 PM
 #1453

Well if it is not about sidechains, but only about Bitcoin, then in future either price of transaction will go up or it will take even longer. So in future direct spending of Bitcoins for tiny transactions will have even less sense than now.
Piltover
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April 25, 2016, 08:51:17 PM
 #1454

No I do not spend bitcoin actively to be honest, I do not spend them right now at all because I think the bitcoin is getting a lot higher this year.
The bitcoin has such a good future a head with the halving.
terman45x
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April 25, 2016, 08:55:27 PM
 #1455

No I do not spend bitcoin actively to be honest, I do not spend them right now at all because I think the bitcoin is getting a lot higher this year.
The bitcoin has such a good future a head with the halving.

Spending now your coins is not good as it will never give you higher returns if you spend at this time, its better to save and spend at the time of halving.
Atdhe
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April 25, 2016, 09:28:34 PM
 #1456

Nonsense. There are many merchants who offer discounts when buying with Bitcoins. Then indeed has sense to pay with btc and rebuy.
Shibashi Dogemoto
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April 25, 2016, 09:52:50 PM
 #1457

Nonsense. There are many merchants who offer discounts when buying with Bitcoins. Then indeed has sense to pay with btc and rebuy.

Can you tell us in which country do we find merchants that accepts bitcoins, as in my country I haven't seen a single merchant that accepts, and I really feel that you are a lucky guy.
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April 25, 2016, 10:06:42 PM
 #1458

As I said before. Btc is not good for offline spending of small amounts that have to be processed quickly. If you are curious, I have spend my btc here: http://www.happycow.net/reviews/be-okay-asuncion-44747

But the topic was: "never spend bitcoins".
Which is nonsense. There are many places where you can get discounts only for btc, like VPN securitykiss.com
Or where you want to keep your privacy (also VPN services, hostings)
Or where you have no other option how to pay: darkmarkets or openbazaar
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April 25, 2016, 11:58:47 PM
 #1459

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.
I think if you pull a bitcoin to the bank of course you're going to convert it to the first fiat? so actually you do not spend by bitcoin but with fiat. unless you purchase items online or offline using bitcoin. without the help of anyone including the fiat or bank. then you're spending using bitcoin

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April 26, 2016, 03:53:36 AM
 #1460

I have spend some bitcoin recently to buy some GPU mining components. It is quite convenient process to pay with bitcoin.

Nice one! Can you please tell me where you buying you GPU stuff with bitcoins,  cause i looking for it very long time and want to know.

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