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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 257621 times)
Hellacopter
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May 08, 2016, 06:55:50 PM
 #1561

I spend my bitcoins actively when i need to spend it for some billing purposes or some investing issues, but also in the other hand i try always to hold some coins for the Bitcoin's price increasing
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May 09, 2016, 03:03:58 AM
 #1562

I'm spending Bitcoins very actively, because i use Bitcoin Debit Card (from Cryptopay) almost everytime when i can/have to pay with card i pay with Bitcoins. So it is even few times per week Smiley

I can not wait when for first time i will pay in terminal accepting Bitcoin Card Wink
 
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May 09, 2016, 03:34:01 AM
 #1563

I spend my bitcoins actively when i need to spend it for some billing purposes or some investing issues, but also in the other hand i try always to hold some coins for the Bitcoin's price increasing

I have to give the responsibility for buying my bills to my parents as of today, because I'm storing bitcoins today
for the upcoming halving, so that if the price of bitcoin increases. I can get some profit from it.

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May 09, 2016, 06:10:20 AM
 #1564


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.

yes i spend my bitcoins really often as i like to do that and it is easier to buy with them, smaller fees too, and some sellers even give 2%-3% discount when buying with bitcoins

if everyone would just buy and sell bitcoins, and nobody would use them, no stores would accept bitcoins then, but now more and more stores accepts them so i think that others spends it too

Majority of us really use bitcoin in our daily habits like gambling,trading,investing,transacting or even cash out it to buy foods bitcoin is ready to be called money now because we can earn by it and we can do transactions person to person.
It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

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May 09, 2016, 06:34:34 AM
 #1565

I am spending it everyday because I am a gamblers and I gamble every in different online casinos accepting bitcoins.
it is bad if you always spend on gambling, especially you play every day. congratulations you will never get good life from gambling.

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May 09, 2016, 06:49:50 AM
 #1566

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

If you earned your money from gambling sites, surely it will also lose with gambling. But still it will depend on how you will use very wisely your bitcoins you earned in what ever way you have that.

 
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May 09, 2016, 07:07:34 AM
 #1567

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
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May 09, 2016, 10:31:06 AM
 #1568

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.
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May 09, 2016, 01:48:47 PM
 #1569

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

I dont really mind if i spend my bitcoin for this early stage as long as im using it for good, but my other ways where i spend my bitcoins is at gambling,tradings and investing and i think majority of us do the same way as i do, because thats the only use for bitcoin for now.

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May 10, 2016, 07:33:01 AM
 #1570

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

I dont really mind if i spend my bitcoin for this early stage as long as im using it for good, but my other ways where i spend my bitcoins is at gambling,tradings and investing and i think majority of us do the same way as i do, because thats the only use for bitcoin for now.

yes i think everyone is almost equal in spending bitcoin, especially bitcoin is still rare accepted at the online store, so it's mostly just using bitcoin to investing, gambling or better replace it to fiat.

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May 10, 2016, 09:53:14 AM
 #1571

I never spend any Bitcoins because I know that I can make money with it so it is not smart to keep spending them. I'd rather use cash if I want to buy something.
So think twice if you think about spending your bitcoins.
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May 10, 2016, 10:08:05 AM
 #1572

I never spend any Bitcoins because I know that I can make money with it so it is not smart to keep spending them. I'd rather use cash if I want to buy something.
So think twice if you think about spending your bitcoins.


If you will not sell it then how you gonna make money from it? And we don't need to think twice before spending and if you see higher price then you should surely sell some part of it and generate profits.
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May 10, 2016, 11:23:23 AM
 #1573

I never spend any Bitcoins because I know that I can make money with it so it is not smart to keep spending them. I'd rather use cash if I want to buy something.
So think twice if you think about spending your bitcoins.

That's right we must control our spending with bitcoins, it is not a wise decision if you are going to spend it actively. Because we may not know what will happen in the future of bitcoin, so if you have save many bitcoins , if it rises then you will get more income,
but if go downs, still you can wait for it to rise.

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May 10, 2016, 01:57:20 PM
 #1574

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

Its indeed right now just not smart to spend some bitcoins because of the fact the halving is coming this year and it will be very good.
I think there is a good future a head for the bitcoin with some patient.
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May 10, 2016, 02:08:29 PM
 #1575

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.
Yeah spending them is not the smartest thing to do because you can earn some money with it. So when I want something I like to pay with Paypal or creditcard.
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May 10, 2016, 02:23:25 PM
 #1576

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.
Yeah spending them is not the smartest thing to do because you can earn some money with it. So when I want something I like to pay with Paypal or creditcard.
I prefer to convert with fiat money and spend it on real, because it would be more fun, rather than spend online.
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May 10, 2016, 05:03:54 PM
 #1577

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.
Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.
Yeah spending them is not the smartest thing to do because you can earn some money with it. So when I want something I like to pay with Paypal or creditcard.
I prefer to convert with fiat money and spend it on real, because it would be more fun, rather than spend online.

Yeah and I think right now we only have that option of converting it to fiat and then spend, but we will see many physical shops that will accept bitcoin as a mode of  payment.
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May 10, 2016, 05:17:27 PM
 #1578

Yes, I use Bitcoin as a way to protect myself from FIAT inflation (250% last year in Venezuela). So I pretty much have all my savings stored in Bitcoin (and Ethereum), then I use a local bitcoin exchange to convert from Bitcoins to fiat as I need.
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May 10, 2016, 10:44:03 PM
 #1579

Yes, I use Bitcoin as a way to protect myself from FIAT inflation (250% last year in Venezuela). So I pretty much have all my savings stored in Bitcoin (and Ethereum), then I use a local bitcoin exchange to convert from Bitcoins to fiat as I need.

Even if need to spend it then I need to convert it to my local currency first, and I only convert if I feel price is good enough to give me higher value of fiat.
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May 11, 2016, 05:38:39 AM
 #1580

Yes, I use Bitcoin as a way to protect myself from FIAT inflation (250% last year in Venezuela). So I pretty much have all my savings stored in Bitcoin (and Ethereum), then I use a local bitcoin exchange to convert from Bitcoins to fiat as I need.

Even if need to spend it then I need to convert it to my local currency first, and I only convert if I feel price is good enough to give me higher value of fiat.
That is the best thing or benefits of using bitcoins, because when we purchase it, the price was low and by simply using it in different online transactions you have the benefits of low charges and privacy, by the moment you encash it you always gain as the price is consistently rising.

Me, I use it in gambling and most of the time I cannot cash out because I usually lose it all.

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