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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 256540 times)
acroman08
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December 06, 2015, 05:03:09 PM
 #201

Lately ive been spending my bitcoin to buy some
personal things, since i started using btc ive never been able
to treat my self, so lately ive benn spending a lot of
my savings , which feels great.

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December 06, 2015, 06:41:46 PM
 #202

I spend it only when the value (like now) is high. Never spend a bitcoin when the price was less then 250 USD. it's like giving away your money for free.

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December 06, 2015, 06:44:47 PM
 #203

I spend it only when the value (like now) is high. Never spend a bitcoin when the price was less then 250 USD. it's like giving away your money for free.

It is not always possible. If you are in an emergency situation, and if you need money, then you will be forced to sell your coins at whatever rate available. The same has happened with me as well, on multiple occasions. And another question. If BTC drops to $250 per coin, what makes you believe that it will not go down even further?

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ajun96
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December 06, 2015, 11:15:12 PM
 #204

my shitt ussually, every day I spending my bitcoin for gambling, damn I always lost
difficult to stop spend money in gambling  Cry


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December 07, 2015, 12:34:44 AM
 #205

my shitt ussually, every day I spending my bitcoin for gambling, damn I always lost
difficult to stop spend money in gambling  Cry

You need control yourself to stay away from gambling but i know, it will be hard. You know i have same problem like you haha
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December 07, 2015, 01:44:11 AM
 #206

I am using bitcoins sometimes buy not very often...
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December 07, 2015, 04:09:33 AM
 #207

I just checked my excel spreadsheet, which acts as a log to record my Bitcoin activity. Ever since I lost my job in 2014 March, I have offloaded some BTC23.541 and converted them to fiat. Received some $6,732 in return for these coins, at an average rate of $286 per coin. Currently the exchange rate is at least $100 higher than that. Feels bad.  Angry

In this sense, bitcoin will never be a true currency, everyone will just hold and not use it in fear of rising btc prices

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December 07, 2015, 07:47:17 AM
 #208

I spend it only when the value (like now) is high. Never spend a bitcoin when the price was less then 250 USD. it's like giving away your money for free.
Same case as yours But I use to buy some bitcoins when its is on less value and when reach I high prices then I use buy things and I use sell some bitcoins for fiat currency. from yesterday onwards value is little increased that looks good going BTC price. Lets hope to move for high price more than current value 389$.
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December 07, 2015, 07:58:52 AM
 #209

I actively spend on digital goods, very never on real things. The reason is I can't find anybody that accept bitcoin, beside some buskers in the city. In fact, those are the people who for me into bitcoin.

So, a kind of yes from me, I actively spend my bitcoin, but only on digital goods.   
                                                                                             
                                                                   


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December 07, 2015, 09:59:20 AM
 #210

I just checked my excel spreadsheet, which acts as a log to record my Bitcoin activity. Ever since I lost my job in 2014 March, I have offloaded some BTC23.541 and converted them to fiat. Received some $6,732 in return for these coins, at an average rate of $286 per coin. Currently the exchange rate is at least $100 higher than that. Feels bad.  Angry

In this sense, bitcoin will never be a true currency, everyone will just hold and not use it in fear of rising btc prices
Yes, but people who are holding coins don't need them in  any way and it is nothing more than throwing away their coins if they are about to invest .
there is no good reason to spend bitcoins unless some major issues.
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December 07, 2015, 11:06:48 AM
 #211

Not really I just hold it for now.
I am waiting that later in one year I have more than 10 bitcoin, but I only spend when I see something good that I can pay with bitcoin.
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December 07, 2015, 01:47:34 PM
 #212

I have just so little bitcoins that I can spend it for anything.
So no I don't actively or don't spend my bitcoins.
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December 07, 2015, 04:17:39 PM
 #213

I don't spend that often, but every month I just buy some goodies or some accounts.
I am just looking forward that bitcoin will increase so that I can sell it and make more profit.

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December 07, 2015, 04:34:02 PM
 #214

I spend it only when the value (like now) is high. Never spend a bitcoin when the price was less then 250 USD. it's like giving away your money for free.

Makes sense to me as I also used to do that , especially right now that the price was close to $400 and great timing since its also a holiday season. But you can:t still avoid spending if the price is low, most likely in case of something emergency, you will be forced to spend your coins no matter what the price is and it already happened to me (even though I told myself not to spend a satoshi during that time)
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December 07, 2015, 05:03:44 PM
 #215

Try not too. Holding is hard to do but it is the best thing to do until the market becomes more stable.
This is my bit of advice.

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December 07, 2015, 06:20:01 PM
 #216

Try not too. Holding is hard to do but it is the best thing to do until the market becomes more stable.
This is my bit of advice.

Even I am looking to save some bitcoins till it reaches for good price, I want to start trading or mining business. I am hoping I will do as soon as possible. But price should go high then I am invest with fiat currency in mining investment. lets hope...
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December 07, 2015, 06:26:39 PM
 #217

It really depends on the time of the month and time of the year.

Sometimes i spend more than other month but very very rare in this case.

Currently i am holding because i think that the price will be even more but one day will spend all of them.
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December 07, 2015, 07:25:55 PM
 #218

no, i just hold my bitcoins and use it for trading. never spend for online shop
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December 08, 2015, 08:04:50 AM
 #219

no, i just hold my bitcoins and use it for trading. never spend for online shop

arguably spending on trading, can be more of a waste then using it for buying what you want

spending does not mean wasting bitcoin, you can always resell what you buy, especially because with bitcoin you cna have a discount on it, so you can actually do trading with the stuff you buy and earn even more
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December 08, 2015, 08:10:35 AM
 #220

Not actively but very rare when i see a good deal then i spend if not i prefer more to hold as the price is not as we wanted (1k)

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