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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 257557 times)
ajun96
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May 29, 2016, 08:25:55 AM
 #1821

Me,. I spend actively bitcoins but not majorly on investment alone, I also spend on a regular basis doing gambling. Especially now that it is playoffs, a lot of interesting games where I should put my bet on my favorite team also.
yeah people have their own way to spend their bitcoin there are those who spend bitcoin in a weird way like buying sextoys. I've seen a shop like that who accept bitcoin
now spends bitcoin for gambling is too mainstream dude Lol

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May 30, 2016, 04:45:50 AM
 #1822

Me,. I spend actively bitcoins but not majorly on investment alone, I also spend on a regular basis doing gambling. Especially now that it is playoffs, a lot of interesting games where I should put my bet on my favorite team also.
yeah people have their own way to spend their bitcoin there are those who spend bitcoin in a weird way like buying sextoys. I've seen a shop like that who accept bitcoin
now spends bitcoin for gambling is too mainstream dude Lol


LOL, can we buy sextoys? What site is selling, I am just curious and I want to know. We have a lot of sex maniac bitcoin users here so its a good business for the site. Grin

In my case, I spend solely on gambling.

R


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May 30, 2016, 05:43:51 AM
 #1823

I am actively spending my bitcoins because I love to gamble regularly, I love to bet on different sports book and casinos. Now, I made my bets on the NBA playoffs so I need a lot of BTC. Because of the fast and low cost transaction, it attract me to use it regularly and I was benefited due to the savings I get compared to using other services with high fees.

I hope you will not lose on your sports book and casinos and that's on the trend now the NBA games. But I just want to give an advice.
That it is better now to stop being active spending your bitcoins since the halving is coming.
If ever the halving comes you have bitcoins that will allow you get profit from it.

Vires in Numeris
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May 30, 2016, 07:20:56 AM
 #1824

I am actively spending my bitcoins because I love to gamble regularly, I love to bet on different sports book and casinos. Now, I made my bets on the NBA playoffs so I need a lot of BTC. Because of the fast and low cost transaction, it attract me to use it regularly and I was benefited due to the savings I get compared to using other services with high fees.

I hope you will not lose on your sports book and casinos and that's on the trend now the NBA games. But I just want to give an advice.
That it is better now to stop being active spending your bitcoins since the halving is coming.
If ever the halving comes you have bitcoins that will allow you get profit from it.
You have a good advise saiha, due to the fact that halving is nearing the amount we bet in the NBA can be doubled or even multiplied by 10 at the rate of the bitcoin price increase right now, its an opportunity with less chances of losing.

R


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May 30, 2016, 10:36:08 AM
 #1825

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
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May 30, 2016, 01:58:14 PM
 #1826

Me,. I spend actively bitcoins but not majorly on investment alone, I also spend on a regular basis doing gambling. Especially now that it is playoffs, a lot of interesting games where I should put my bet on my favorite team also.
yeah people have their own way to spend their bitcoin there are those who spend bitcoin in a weird way like buying sextoys. I've seen a shop like that who accept bitcoin
now spends bitcoin for gambling is too mainstream dude Lol


The best thing that you can do with Bitcoin now is that you have to hold it and that would be also nice because the chance is bigger to make some profit in the future.
And the value of the Bitcoin is not even that high now so it will be wasted if you are spending now around this time you have to be patience if you have Bitcoin.
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May 30, 2016, 02:35:58 PM
 #1827

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..
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May 30, 2016, 04:03:49 PM
 #1828

I do not know if the trade was to spend the money or not, either way lately I always use bitcoin I have for investment and trade, but now it has not produced results. because the current price of bitcoin is growing, I think investment and trade play is the ideal place to spend a bitcoin that you have, but it probably will be back and even more, you just need to be optimistic

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May 30, 2016, 04:39:45 PM
 #1829

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..

If price reaches there in quick time then I am sure majority of people would still prefer to hold and sell when it crosses $800 mark, and I think that is right thing to do.
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May 31, 2016, 12:23:50 AM
 #1830

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..

If price reaches there in quick time then I am sure majority of people would still prefer to hold and sell when it crosses $800 mark, and I think that is right thing to do.
The main problem when you get off the train to be can wait till 1000$. Where is this coveted station? Smiley
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May 31, 2016, 01:18:08 AM
 #1831

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..

If price reaches there in quick time then I am sure majority of people would still prefer to hold and sell when it crosses $800 mark, and I think that is right thing to do.

Indeed around the 800 dollar people are gonna consider it and mostly gonna sell because if that will happen it will be very profitable if you ask me due to the fact that you can make a lot of money because of this.


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May 31, 2016, 02:07:47 AM
 #1832

The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..

If price reaches there in quick time then I am sure majority of people would still prefer to hold and sell when it crosses $800 mark, and I think that is right thing to do.

Indeed around the 800 dollar people are gonna consider it and mostly gonna sell because if that will happen it will be very profitable if you ask me due to the fact that you can make a lot of money because of this.
$800 price can be possible to reach in this year, so people just relax and enjoy the beauty of bitcoins, I presume we all earned if that hits right? Don't worry more to come, the price will at least hit $1,000 by the end of the year.

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May 31, 2016, 03:06:41 AM
 #1833

No I do not spend them actively because the fact is that the halving is coming and I think by spending you will lose profit.
Holding is now better in my opinion.
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May 31, 2016, 03:52:24 AM
 #1834

No I do not spend them actively because the fact is that the halving is coming and I think by spending you will lose profit.
Holding is now better in my opinion.

Majority of us, doesn't spend actively today because we can see what will happen to the coming halving. And even it is just a speculation
and doesn't really know the fact if it's going to happen. Better to hold as many coins as you have, and after the halving for sure.
Price will increase and that's the good time to be an active spender.



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Rainbot
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May 31, 2016, 05:04:16 AM
 #1835

No I do not spend them actively because the fact is that the halving is coming and I think by spending you will lose profit.
Holding is now better in my opinion.

Holding everything? Then where will be the fluctuation? If none will make use of bitcoin as a means of buying and selling I dont think the bitcoin price will grew the way it is now.
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May 31, 2016, 05:49:58 AM
 #1836

No I do not spend them actively because the fact is that the halving is coming and I think by spending you will lose profit.
Holding is now better in my opinion.

Holding everything? Then where will be the fluctuation? If none will make use of bitcoin as a means of buying and selling I dont think the bitcoin price will grew the way it is now.
Maybe he meant holding for now, he is referring to investing in bitcoins and hold it for a longer period for a guaranteed profit if the price will continue to increase. I think he had a good idea and most of us here do the same, rather than putting our money at risk in gambling why not just invest it in bitcoins by holding and earn a good profit for a short period of time. I am pretty sure after the halving price will be on its stable price.

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May 31, 2016, 08:57:08 AM
 #1837

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I have used by Bitcoins to buy somethings but I like to pay with cash instead. Spending my Bitcions is something that I have to learn not to do any more because I can make allot of money with them.
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May 31, 2016, 09:32:34 AM
 #1838

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I have used by Bitcoins to buy somethings but I like to pay with cash instead. Spending my Bitcions is something that I have to learn not to do any more because I can make allot of money with them.

So you are spending bitcoins by en cashing it to fiat and I think that are most people do it, since most of the countries have only few stores
that accepts bitcoin so we are forced to it, in exchange to fiat before spending it.

Vires in Numeris
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May 31, 2016, 09:37:59 AM
 #1839

I have a very small holding at the moment, that is why I can't afford big purchases yet. The most that I can spend on are to pay bills and load credits for my phone. I am still looking for physical stores where I'd be able to buy things I need everyday for more convenience.
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May 31, 2016, 11:11:07 AM
 #1840

I have a very small holding at the moment, that is why I can't afford big purchases yet. The most that I can spend on are to pay bills and load credits for my phone. I am still looking for physical stores where I'd be able to buy things I need everyday for more convenience.
Holding bitcoins at this moment is good rather than spending. The kind of spending you do is also a good one .if there is physical stores accepting bitcoins as payment i think it will be the best to use ,but i think it will have a tax with it.

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