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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 257608 times)
Hatuferu
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May 25, 2016, 04:31:54 AM
 #1741

I can't use my bitcoins actively cause i am wating for halving, better to keep myself far from bitcoins till halving come. Or it will be wasted on useless things.
You are more on the investment type man, for me I do both, I invest my bitcoins and at the same time I am also active in gambling regularly. I like sports betting and most of my bitcoins disbursement goes to the gambling sites.

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May 25, 2016, 05:15:03 AM
 #1742

I can't use my bitcoins actively cause i am wating for halving, better to keep myself far from bitcoins till halving come. Or it will be wasted on useless things.

Me either, I'm not actively spending bitcoin today. Because of the coming halving. I'm hoping for the price increase of it. I'm just enduring and staying away to buy my wants. But once the price increased, its payback time and I'm going to buy my wants.

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May 25, 2016, 05:25:11 AM
 #1743

I can't use my bitcoins actively cause i am wating for halving, better to keep myself far from bitcoins till halving come. Or it will be wasted on useless things.

Me either, I'm not actively spending bitcoin today. Because of the coming halving. I'm hoping for the price increase of it. I'm just enduring and staying away to buy my wants. But once the price increased, its payback time and I'm going to buy my wants.

a little patience is better, everyone is sure halving will make the price increase. I did not expect so high, $500 is enough for me Smiley

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May 25, 2016, 07:37:28 AM
 #1744

No  i never spent my bitcoins maybe sometimes just a little bit but not so much. I think there are allot of people like me who are not spending any coin because they just want to wait for the right moment to sell them.
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May 25, 2016, 07:40:04 AM
 #1745

I can't use my bitcoins actively cause i am wating for halving, better to keep myself far from bitcoins till halving come. Or it will be wasted on useless things.

Just dont forget your password.  Grin If that is the way of you keeping it then that is good. We are expecting for a rise, but many of us are profiting in trading altcoins. Better learn that also because there in only takes a little time to make some bitcoin.
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May 25, 2016, 08:09:04 AM
 #1746

I am not spending my Bitcoins now and that is because you also already can see now that there are more people that is holding it for a nice price increase and that would be perfect for us.
But of course it is really hard to predict what is going to happen with the Bitcoin and that is bad.
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May 25, 2016, 08:14:28 AM
 #1747

No actually i dont spent allot of coins right now thats because im waiting for a big rise of the value of the coin. i think im not the only one who is waiting allong time for the happening so come on be quick coin.
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May 25, 2016, 08:52:39 AM
 #1748

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.
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May 25, 2016, 08:57:03 AM
 #1749

I would pay for things with Bitcoin, but I'm down on my initial investment. Psychologically, it makes it hard to spend rather than wait until at least breaking even.

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May 25, 2016, 09:31:35 AM
 #1750

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.

We all know that bitcoin will be too valuable in the future but sometimes consequences force us to use it or convert it to fiat. Just like now, I need money to buy important things so I have to convert some to fiat in order to buy it. I am trying not to spend it and hold but I cannot help it.
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May 25, 2016, 11:24:15 AM
 #1751

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.

We all know that bitcoin will be too valuable in the future but sometimes consequences force us to use it or convert it to fiat. Just like now, I need money to buy important things so I have to convert some to fiat in order to buy it. I am trying not to spend it and hold but I cannot help it.

If you are in need of money in emergencies then you should convert it to fiat without any doubts, I mean what is the use of that money if its not helping us when we need it.
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May 25, 2016, 12:10:28 PM
 #1752

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.

We all know that bitcoin will be too valuable in the future but sometimes consequences force us to use it or convert it to fiat. Just like now, I need money to buy important things so I have to convert some to fiat in order to buy it. I am trying not to spend it and hold but I cannot help it.

If you are in need of money in emergencies then you should convert it to fiat without any doubts, I mean what is the use of that money if its not helping us when we need it.
I agree, we all have plans in managing our funds but in times of emergency we cannot really follow it all the time since we need to prioritize thing that is under emergency, especially in a life and death situation.

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May 25, 2016, 12:25:34 PM
 #1753

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.

We all know that bitcoin will be too valuable in the future but sometimes consequences force us to use it or convert it to fiat. Just like now, I need money to buy important things so I have to convert some to fiat in order to buy it. I am trying not to spend it and hold but I cannot help it.

If you are in need of money in emergencies then you should convert it to fiat without any doubts, I mean what is the use of that money if its not helping us when we need it.
I agree, we all have plans in managing our funds but in times of emergency we cannot really follow it all the time since we need to prioritize thing that is under emergency, especially in a life and death situation.
Emergencies is the hardest thing to happen in our lives, but we can avoid touching other funds already appropriated to a specific project. We need to exercise proper budgeting at all times and we need to stick and follow it no matter what the situation is. By setting a proper budget, you need to set aside something for your emergency, entertainment, and for future investments.

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May 25, 2016, 12:30:41 PM
 #1754

I have spend some of my coins in some gambling sites buy i try to avoid it as much as possible because Bitcoins are worth allot of money and can even be worth more in the future. So I suggest that you do not spend to many.

We all know that bitcoin will be too valuable in the future but sometimes consequences force us to use it or convert it to fiat. Just like now, I need money to buy important things so I have to convert some to fiat in order to buy it. I am trying not to spend it and hold but I cannot help it.

If you are in need of money in emergencies then you should convert it to fiat without any doubts, I mean what is the use of that money if its not helping us when we need it.
I agree, we all have plans in managing our funds but in times of emergency we cannot really follow it all the time since we need to prioritize thing that is under emergency, especially in a life and death situation.

Exactly, but the fact is you also need to have good amount of coins to be helpful in emergencies, or fiat can always take care of you in that situation.
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May 25, 2016, 02:06:25 PM
 #1755

No actually i dont spent allot of coins right now thats because im waiting for a big rise of the value of the coin. i think im not the only one who is waiting allong time for the happening so come on be quick coin.
I am also doing to same thing, I try to not spend much coins because the value can always go up and I know that in the end I am going to regret it.
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May 25, 2016, 02:21:02 PM
 #1756

Spending will now not the best thing that you can do and it would be also better for you if you are waiting a longer time until the value will be more worth so that would be really nice.
But of course if you can make some profit it would not be that bad if you want to spend your Bitcoins.
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May 25, 2016, 02:50:09 PM
 #1757

Emergencies is the hardest thing to happen in our lives, but we can avoid touching other funds already appropriated to a specific project. We need to exercise proper budgeting at all times and we need to stick and follow it no matter what the situation is. By setting a proper budget, you need to set aside something for your emergency, entertainment, and for future investments.

Well if the emergency will push to the extent that it will affect those other budget, then that it's fine. It's more importantly to deal first with that emergency.

After all you surpass those trials, you can bring up your life again and get back on track.
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May 25, 2016, 03:07:06 PM
 #1758

Spending will now not the best thing that you can do and it would be also better for you if you are waiting a longer time until the value will be more worth so that would be really nice.
But of course if you can make some profit it would not be that bad if you want to spend your Bitcoins.

I agree, spending would be not worth it since the halving is near to come. You much keep your bitcoins instead of spending it actively.
Why not save actively so that you can have profit when that halving happens.
If you are not that wise well you will just waste the chance to earn by holding your coins.

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May 25, 2016, 03:41:03 PM
 #1759

No I don't prefer to spend my coins at this stage as I am hoping for higher price in coming months so I am holding at this stage.
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May 25, 2016, 03:46:39 PM
 #1760


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 saw a couple of cafes in our country who took payment in Bitcoins at their door was a special sticker so I think yes
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