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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 256916 times)
Tanic
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May 06, 2016, 12:48:11 PM
 #1541

I heard once from my friend who is also making money on bitcoin gambling, that there is some section on Ebay or something similar where u can buy for bitcoins, but i'm not 100% sure now, cause it was long time ago I heard it. If someone know or kan proof it, please write here. I'm oftenly order goods on Ebay so I am interested.
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May 06, 2016, 04:24:21 PM
 #1542

of course, but it was to meet my needs, if not I just save it
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May 06, 2016, 05:03:49 PM
 #1543

No, currently I am not spending actively but I am saving for the future.

price will climb up in next couple of months so you can sell it, but I do spend my bitcoins actively, for online purchases or for paying my bills, as I want that its useless to keep bitcoins idle, it should be used in the best possible way.

I hope everyone feels the same as you feel, as majority  of people are holding their coins without spending it and that will led to decline in the value of bitcoin in long run.
Yes we should have to use bitcoin as a normal currency so that it will flourish, and if we kept these coins for long time then after a few years bitcoin value will be not god and the fluctuation will be continue, sometime up and sometime down and no stability will occur.

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May 06, 2016, 05:14:49 PM
 #1544

I like to spend my bitcoins if I have some bitcoins and buy from discounted shops.
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May 06, 2016, 06:55:21 PM
 #1545

every week I always buy credits for my internet. I also sometimes buy equipment my lecture with bitcoin, well I guess I always spend my bitcoin

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May 06, 2016, 07:36:50 PM
 #1546

No, currently I am not spending actively but I am saving for the future.

price will climb up in next couple of months so you can sell it, but I do spend my bitcoins actively, for online purchases or for paying my bills, as I want that its useless to keep bitcoins idle, it should be used in the best possible way.

I hope everyone feels the same as you feel, as majority  of people are holding their coins without spending it and that will led to decline in the value of bitcoin in long run.
Yes we should have to use bitcoin as a normal currency so that it will flourish, and if we kept these coins for long time then after a few years bitcoin value will be not god and the fluctuation will be continue, sometime up and sometime down and no stability will occur.
You are true but here people do not hold their coins for life time but it is only holding till halving and after that bitcoin will be used the same as other currency and people will then start their businesses with it.

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May 06, 2016, 09:13:41 PM
 #1547

every week I always buy credits for my internet. I also sometimes buy equipment my lecture with bitcoin, well I guess I always spend my bitcoin

That's good. I can't spend all my coin since not much i need is available with bitcoin. Which is not bad, since so much of the price increase of the last couple of months made my coins increase in value.


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May 06, 2016, 10:12:28 PM
 #1548

every week I always buy credits for my internet. I also sometimes buy equipment my lecture with bitcoin, well I guess I always spend my bitcoin

That's good. I can't spend all my coin since not much i need is available with bitcoin. Which is not bad, since so much of the price increase of the last couple of months made my coins increase in value.

Ya although the price inflate and deflate between little times.

And as for now steam is accepting btc. So i guess some of my earnings would go to buying some item on dota 2 and trying other games in which i cant buy because i cant register for onliny transaction for not having a valid id.
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May 06, 2016, 10:49:07 PM
 #1549

every week I always buy credits for my internet. I also sometimes buy equipment my lecture with bitcoin, well I guess I always spend my bitcoin

Wow! That's good to know that you are buying credits using bitcoin. I'm still thinking on how I will going to spend my bitcoins it is still on my cold storage and I'm just saving them. But hopefully, it will increase after the halving. But as of now, I'm not actively spending my bitcoins

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May 06, 2016, 11:54:29 PM
 #1550

Since it was accepted by Steam, yes. Before i am just earned bitcoins and now i can spend it on my favorite games or other custom stuff. So yes, i am actively spending it.

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May 07, 2016, 12:26:11 AM
 #1551

Nowadays i hold some of my bitcoins and i spend a part of my savings , because sometimes we need to pay some bills or purchase some goods or services online, and usually i prefer to pay with Bitcoin.
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May 07, 2016, 08:20:38 PM
 #1552

I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.
Yes, right now everyone should have to hold their coins in their wallets as in the few months we will see a great news in the field of bitcoin and that news will be the news of bitcoin highest value with which all the users will get double up their coins.

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May 07, 2016, 11:13:35 PM
 #1553

No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.
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May 07, 2016, 11:33:19 PM
 #1554

No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.

That is the right thing to do, hold it till the halving, today I was in need of money so I sold 0.14 btc and converted it to my local currency as I thought that price was good.
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May 08, 2016, 12:01:08 AM
 #1555

I like to spend my bitcoins if I have some bitcoins and buy from discounted shops.
I think you can buy goods at amazon with purse.io media. I saw seseroang say it and they give you a 15% discount for users who use payment with bitcoin?

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May 08, 2016, 12:46:07 AM
 #1556

No I right now do not spend a lot of bitcoins because of the halving that is coming up later this year.
Most likely it will be very profitable and because of this I do not want to lose any bitcoins.

That is the right thing to do, hold it till the halving, today I was in need of money so I sold 0.14 btc and converted it to my local currency as I thought that price was good.

That were a good use from the bitcoins and you used for emergency.I myself cant control when i see 0,05btc i need to invest it at someplace almost instant ,usually poloniex gets the funds at lending even not giving too much income i can earn without doing nothing soo its good to see the coin ammount up all days.
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May 08, 2016, 06:47:38 AM
 #1557

I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.

Transactions will keep the price steady. It is good to spend bitcoins too. Holding some and spending some is a good approach too. If we all hold the bitcoins and transaction volumes drop, bitcoin price may drop too.














 

 

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May 08, 2016, 06:56:17 AM
 #1558

I'm also not spending a lot of bitcoins these days because I'm very sure that the bitcoin is going to a high amount so spending right now is just not smart at all in my opinion.

Transactions will keep the price steady. It is good to spend bitcoins too. Holding some and spending some is a good approach too. If we all hold the bitcoins and transaction volumes drop, bitcoin price may drop too.

Spending bitcoin on regular basis is the right thing to do and it will be more profitable for bitcoin in long run as only holding will make bitcoin to go lower in future.
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May 08, 2016, 07:36:22 AM
 #1559

Spending bitcoin on regular basis is the right thing to do and it will be more profitable for bitcoin in long run as only holding will make bitcoin to go lower in future.

I have to disagree with you. You are comparing Bitcoin with fiat cash.

You need to invest using fiat cash (either in fixed return schemes such as treasury bonds or bank deposits, or variable return schemes such as mutual funds and real estate) as fiat is not protected against inflation. The longer you hold fiat, the purchasing power of it decreases.

Bitcoin is different. The net purchasing power of BTC never decreases, as it is protected against inflation through the principle of limited supply. So holding your coins is more preferable than spending them.

gerXhonza
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May 08, 2016, 07:53:30 AM
 #1560

Spending at a moment is not the right thing to do,as halving is around the corner so holding now and spending at the time of halving would be more better.
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