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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 256339 times)
saiha
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May 31, 2016, 09:32:34 AM
 #1841

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.

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May 31, 2016, 09:37:59 AM
 #1842

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
 #1843

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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May 31, 2016, 12:10:33 PM
 #1844

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.

That's right it is better to hold your bitcoins, all of it. Because the sign of the upcoming halving is near to come and the price today is really high.
And how about, if the halving did happens for sure, higher price than we are expecting will happen.



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May 31, 2016, 12:41:28 PM
 #1845

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.

Hey if you want to earn while getting some fiat through bitcoin. You can load up cellphones of friends and I hope there is a rebate at your wallet account, that way you got a nice profit from it.





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May 31, 2016, 12:47:12 PM
 #1846

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.

That's right it is better to hold your bitcoins, all of it. Because the sign of the upcoming halving is near to come and the price today is really high.
And how about, if the halving did happens for sure, higher price than we are expecting will happen.
What happened to the price now that it's acting like crazy was the result of the halving hype, people are buying and holding for bitcoins awaiting the halving for easy money but when the halving is done stable price for BTC again is what we will witness. Enjoy the halving fever people.

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May 31, 2016, 12:55:11 PM
 #1847

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.

That's right it is better to hold your bitcoins, all of it. Because the sign of the upcoming halving is near to come and the price today is really high.
And how about, if the halving did happens for sure, higher price than we are expecting will happen.
What happened to the price now that it's acting like crazy was the result of the halving hype, people are buying and holding for bitcoins awaiting the halving for easy money but when the halving is done stable price for BTC again is what we will witness. Enjoy the halving fever people.

Majority of people are holding their coins for halving so that they can sell and make profits from it, and now one thing is sure price will be much higher at halving.
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May 31, 2016, 12:56:20 PM
 #1848

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.

That's right it is better to hold your bitcoins, all of it. Because the sign of the upcoming halving is near to come and the price today is really high.
And how about, if the halving did happens for sure, higher price than we are expecting will happen.
What happened to the price now that it's acting like crazy was the result of the halving hype, people are buying and holding for bitcoins awaiting the halving for easy money but when the halving is done stable price for BTC again is what we will witness. Enjoy the halving fever people.

Well that's the sign of the upcoming bitcoin halving and for sure when the halving happens, price will be mo crazier than we are seeing today.
And that is way people tend to stop spending actively and go hold their bitcoins first for the coming halving.



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May 31, 2016, 02:14:06 PM
 #1849

I recently discover that I can pay my bills thru btc, and so i tried. it take days before they can pay the bills though. but certainly i may try again.

do they offer a discount for this too like they do for something like purse.io? what service are you using for this, i may be interested, if there is something good for european

I have heard of bitbill.eu! I am not sure are they legit or not but a quick research online will give you an answer to this question!

Damn that concept of bitill.eu is damn interesting. Seems you could also use it to cash out your BTC to your own IBAN. Nice website to try someday.

Oh really? Let see. the website is not working for me what a shame.

Maybe next time I will look at it.

You should definitely check the reviews and make sure enough people confirm you that the website is not a scam before you do anything with them. Too many scams are nowadays in this community!
i never spent my bitcoins at all just store them and wait for the best moment of selling them. Dont wait to long they also have to roll so keep just a little bit in storing position and the rest of them spending.
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May 31, 2016, 02:21:32 PM
 #1850

I recently discover that I can pay my bills thru btc, and so i tried. it take days before they can pay the bills though. but certainly i may try again.

do they offer a discount for this too like they do for something like purse.io? what service are you using for this, i may be interested, if there is something good for european

I have heard of bitbill.eu! I am not sure are they legit or not but a quick research online will give you an answer to this question!

Damn that concept of bitill.eu is damn interesting. Seems you could also use it to cash out your BTC to your own IBAN. Nice website to try someday.

Oh really? Let see. the website is not working for me what a shame.

Maybe next time I will look at it.

You should definitely check the reviews and make sure enough people confirm you that the website is not a scam before you do anything with them. Too many scams are nowadays in this community!
i never spent my bitcoins at all just store them and wait for the best moment of selling them. Dont wait to long they also have to roll so keep just a little bit in storing position and the rest of them spending.
You have a good idea of doing that, at least you have the opportunity to save and invest so I commend you for that, others here have a daily income for tasks offered but their income is just enough to sustain their daily needs.

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May 31, 2016, 02:42:41 PM
 #1851

I dont spent coins actively i spent them sometimes only on things what i cant buy with gold. Most of the time im just holding them to wait for the best selling moment i think there are allot of people doing this like me.
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May 31, 2016, 02:48:59 PM
 #1852

I dont spent coins actively i spent them sometimes only on things what i cant buy with gold. Most of the time im just holding them to wait for the best selling moment i think there are allot of people doing this like me.

No one wants to spend their coins at this stage of life, everyone knows halving will make their profits grow and present price rise has given positive sign that everything will be fine at halving.
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May 31, 2016, 05:20:10 PM
 #1853

Now and than I spend them on digital goods, but in my real life I do not spend them because there are simply no stores here in my area.
I think that if this will come I will spend a lot more bitcoins.

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June 01, 2016, 01:18:22 PM
 #1854


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.
No, i just saving it and trying to get more on trading sometimes i play on gambling sites but mostly i save it for halving and for my future i started bitcoin without investing my real money so i want to get more than 1btc for free and i will never use it for something like buying items i don't really need
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June 01, 2016, 03:02:25 PM
 #1855

No I do not spend them actively because the fact is that spending them actively is not good in my opinion, the fact is that they are now good to hold with the price increasing that are coming.
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June 02, 2016, 04:50:55 AM
 #1856

Yes i avtively spend bitcoins online.I use to buy digital goods like prepaid load and other things online.But i use to buy gadgets online using my bitcoins on some shop online.And i use to encasg my bitcoins to real money and spend it physically on real life to buy foods and other stuffs that would help me.

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June 02, 2016, 05:07:34 AM
 #1857

Yes i avtively spend bitcoins online.I use to buy digital goods like prepaid load and other things online.But i use to buy gadgets online using my bitcoins on some shop online.And i use to encasg my bitcoins to real money and spend it physically on real life to buy foods and other stuffs that would help me.

As of today, I'm also doing those things as what you do, and I admit I'm an active spender before, but now, because of the upcoming halving.
I need to hold first and suffer first without those services just for the sake of halving.
After halving and price increase I will become an active spender again.

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June 02, 2016, 05:13:27 AM
 #1858

I dont spent coins actively i spent them sometimes only on things what i cant buy with gold. Most of the time im just holding them to wait for the best selling moment i think there are allot of people doing this like me.

Yeah there are lots who does that. Just stocking up everything they can. It is good for own reasons. Like making a bank for yourself but sometimes bitcoin need some movement for it to fluctuate.





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June 02, 2016, 05:24:19 AM
 #1859

I'm not so active in spending my bitcoins as I intend to have it as a saving for a long term. I was impressed to see how the ratio equals out with those who actively spend the Bitcoins and those who don't in the votes.   Grin
A couple of reasons prevent me from spending much, two important ones could be because I own quite less of it and I'm going hands on with the experiment to try it out and I fear the volatile nature of it might seems to me like I'd be ending up paying more in terms of fiat value if I had to purchase anything.
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June 02, 2016, 05:29:57 AM
 #1860

I dont spent coins actively i spent them sometimes only on things what i cant buy with gold. Most of the time im just holding them to wait for the best selling moment i think there are allot of people doing this like me.

Yeah there are lots who does that. Just stocking up everything they can. It is good for own reasons. Like making a bank for yourself but sometimes bitcoin need some movement for it to fluctuate.
If you are a believer like the others that the price of bitcoins will continue to price due to the halving effect or hype then your decision of not spending your bitcoins is the wise decision for now.

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