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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 256541 times)
bamboylee
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June 14, 2016, 02:43:38 PM
 #2001

Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally

It is nice to.spend bitcoins now because the price is really high and you can buy more if you convert it to fiat. I converted some of my bitcoins already, but I saved some for the next event which is halving. I hope halving brings more money to me .

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June 14, 2016, 07:48:08 PM
 #2002

Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally

It is nice to.spend bitcoins now because the price is really high and you can buy more if you convert it to fiat. I converted some of my bitcoins already, but I saved some for the next event which is halving. I hope halving brings more money to me .

Its good to hear that you converted some of your coins to fiat and earned profits from it, and I think that is the right thing to do rather then holding too long.
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June 14, 2016, 08:36:11 PM
 #2003

im not spending my coins just right now to be honest, but i would actually spend it if there were more shops with it around me

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June 14, 2016, 08:38:26 PM
 #2004

im not spending my coins just right now to be honest, but i would actually spend it if there were more shops with it around me

If you have good amount of bitcoin at this stage then do not spend it as this is not the right time to spend as price will go higher at the time of halving and that would be the best time to spend.
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June 14, 2016, 10:00:43 PM
 #2005

im not spending my coins just right now to be honest, but i would actually spend it if there were more shops with it around me

If you have good amount of bitcoin at this stage then do not spend it as this is not the right time to spend as price will go higher at the time of halving and that would be the best time to spend.

Yeah, spending actively your coins today is somewhat you are going to miss the chance of earning in halving. Because the price is really going up rapidly. And we don't know until what price it is going to stop. So, better wait and once the price stops at the price you want.
Then that's the right time to think on what you are going to spend your bitcoins for.

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June 14, 2016, 10:36:31 PM
 #2006

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

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June 14, 2016, 10:39:47 PM
 #2007

i always try to actively spend my bitcoins but i also always hit a brick wall when i want to spend it because there are few places that accept bitcoin and many of these places aren't even selling things that i want so i am stuck with fiat for now.
yeah sometimes we will have confusion in doing shopping/spending using bitcoin. I think it's reasonable because bitcoin is not so mainstream on the Internet or in the world? I never took a headache it? I always convert my bitcoin to fiat to buy something Cheesy


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June 14, 2016, 11:38:19 PM
 #2008

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

Most of us stopped spending bitcoin actively for the incoming halving, because we all know that it will be profitable once it happens.
And I know it will be worth the wait and effort of waiting, we just need to wait and believe for it.

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June 15, 2016, 12:50:26 AM
 #2009

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

Most of us stopped spending bitcoin actively for the incoming halving, because we all know that it will be profitable once it happens.
And I know it will be worth the wait and effort of waiting, we just need to wait and believe for it.
We are just not the same some of my coins i just spend it for buying domain and hosting to increase the amount of my bitcoin i am using bitcoin to buy landing pages and traffic to my site.. this is i think the best to increase the amount of my bitcoin than just waiting for bitcoin to rise..

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June 15, 2016, 12:59:30 AM
 #2010

Using Bitcoin as a currency which is what it was ultimately created for is a great feeling. We can even spend them at really legitimate places like overstock and we also can get discounted gift cards and such.
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June 15, 2016, 01:39:08 AM
 #2011

I only spend my coins very rarely when I want to buy some giftcard off these forums or some other thing somebody is selling here. So my spending is strictly person to person.

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June 15, 2016, 05:01:05 AM
 #2012

Using Bitcoin as a currency which is what it was ultimately created for is a great feeling. We can even spend them at really legitimate places like overstock and we also can get discounted gift cards and such.

Also using bitcoin as a currency will make it more active in the world of currency and possibility for the big online merchants to accept it as one of their payment method option will really be on close. But that is not the real score as more people taking this currency as an investment so rotations of coins in the market are not that present.

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June 15, 2016, 05:12:37 AM
 #2013

Using Bitcoin as a currency which is what it was ultimately created for is a great feeling. We can even spend them at really legitimate places like overstock and we also can get discounted gift cards and such.

Also using bitcoin as a currency will make it more active in the world of currency and possibility for the big online merchants to accept it as one of their payment method option will really be on close. But that is not the real score as more people taking this currency as an investment so rotations of coins in the market are not that present.
Also it encourages growth of the currency. Because more and more people use it, more and more retailers start to accept it, which means even more people hop on board. The cycle repeats.

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June 15, 2016, 06:01:54 AM
 #2014

Using Bitcoin as a currency which is what it was ultimately created for is a great feeling. We can even spend them at really legitimate places like overstock and we also can get discounted gift cards and such.

Also using bitcoin as a currency will make it more active in the world of currency and possibility for the big online merchants to accept it as one of their payment method option will really be on close. But that is not the real score as more people taking this currency as an investment so rotations of coins in the market are not that present.
Also it encourages growth of the currency. Because more and more people use it, more and more retailers start to accept it, which means even more people hop on board. The cycle repeats.
I hope big merchants will accept bitcoins in the future but for now, we are still big in terms of demand because many gambling sites are operating with bitcoins as their means of payment, with that the demand will continue to increase as the population of the gamblers in the world has a good number.

 
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June 15, 2016, 06:09:59 AM
 #2015

Spending it through wiring money to my relatives and I tell you guys this is much better than western union or paypal.

I find myself sending more than my previous money transfer because the fees used are too low.





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Cyaren
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June 15, 2016, 06:22:21 AM
 #2016

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

Yeah, definitely. I hold my coins too and therefore I don't really actively spend my coins anywhere. I sometimes invest but investments are pretty risky, you gotta admit. So my bitcoins just sits there looking pretty in my wallet most of the time Cheesy

But I'd like to buy groceries with BTC in the future if possible.
Maslate
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Any store can buy, sell, and accept Crypto


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June 15, 2016, 09:22:32 AM
 #2017

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

Yeah, definitely. I hold my coins too and therefore I don't really actively spend my coins anywhere. I sometimes invest but investments are pretty risky, you gotta admit. So my bitcoins just sits there looking pretty in my wallet most of the time Cheesy

But I'd like to buy groceries with BTC in the future if possible.
In the future we can buy groceries but as of now all we can do is to save and enjoy the profit of our investment while watching the price consistently going up. This is the best time for us to minimize the spending to take the opportunist, discipline your self and only spend after the halving.

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chaosknight
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June 15, 2016, 09:33:18 AM
 #2018

No, cause i am holding my bitcoins nowdays and i really want to catch the moment to sell my coins but i am not sure about price, will it rise or not.

Yeah, definitely. I hold my coins too and therefore I don't really actively spend my coins anywhere. I sometimes invest but investments are pretty risky, you gotta admit. So my bitcoins just sits there looking pretty in my wallet most of the time Cheesy

But I'd like to buy groceries with BTC in the future if possible.
In the future we can buy groceries but as of now all we can do is to save and enjoy the profit of our investment while watching the price consistently going up. This is the best time for us to minimize the spending to take the opportunist, discipline your self and only spend after the halving.

It would be really good if we can spend bitcoin wherever we want, but the scenario is different at a moment, there are very limited place where we can spend bitcoin at a moment.
italianobitcoin
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Forza Italia


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June 15, 2016, 01:55:43 PM
 #2019

i always try to actively spend my bitcoins but i also always hit a brick wall when i want to spend it because there are few places that accept bitcoin and many of these places aren't even selling things that i want so i am stuck with fiat for now.
yeah sometimes we will have confusion in doing shopping/spending using bitcoin. I think it's reasonable because bitcoin is not so mainstream on the Internet or in the world? I never took a headache it? I always convert my bitcoin to fiat to buy something Cheesy

I am not spending now and that is because I want to hold it now around this time because you already can see now that the value of Bitcoin will be more worth so that is really nice for Bitcoin itself but it is hard to know what will happen in the future but we are all hoping that it will rise for a long time.
The bad thing of Bitcoin is that you cant predict what is going to happen later and that is really bad.
gerXhonza
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June 15, 2016, 02:05:00 PM
 #2020

i always try to actively spend my bitcoins but i also always hit a brick wall when i want to spend it because there are few places that accept bitcoin and many of these places aren't even selling things that i want so i am stuck with fiat for now.
yeah sometimes we will have confusion in doing shopping/spending using bitcoin. I think it's reasonable because bitcoin is not so mainstream on the Internet or in the world? I never took a headache it? I always convert my bitcoin to fiat to buy something Cheesy

I am not spending now and that is because I want to hold it now around this time because you already can see now that the value of Bitcoin will be more worth so that is really nice for Bitcoin itself but it is hard to know what will happen in the future but we are all hoping that it will rise for a long time.
The bad thing of Bitcoin is that you cant predict what is going to happen later and that is really bad.

Do not think of too long, try to enjoy this moment and try to grab as much profits as you can, as halving is near now so we should hold our coins till then without spending it.
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