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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 256543 times)
n691309
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June 19, 2016, 07:04:56 PM
 #2101

The halving is near and people as far as i know are trying to hold as much as possible because we think that the price of bitcoin will increase maybe double than right now and no I'm not spending.

Yeah, majority of us doing the same that we are holding our bitcoins for the next couple of months, it is expected that price would be much higher after the halving.

The bitcoin has proved many times itself that has potential to go more than 1000+ dollars, and i believe that bitcoin is on its way to this target. The halving is less than 3 weeks to happen and I hope to see good surprises. So spending or selling the bitcoins now does not seem to me as the best option so we are not spending them yet.

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June 19, 2016, 07:08:05 PM
 #2102

The halving is near and people as far as i know are trying to hold as much as possible because we think that the price of bitcoin will increase maybe double than right now and no I'm not spending.

Yeah, majority of us doing the same that we are holding our bitcoins for the next couple of months, it is expected that price would be much higher after the halving.

The bitcoin has proved many times itself that has potential to go more than 1000+ dollars, and i believe that bitcoin is on its way to this target. The halving is less than 3 weeks to happen and I hope to see good surprises. So spending or selling the bitcoins now does not seem to me as the best option so we are not spending them yet.

Exactly and we have really waited for long time to see the best price of bitcoin and now we have reached to that stage where we may see all time high price of bitcoin in coming days.

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June 19, 2016, 07:50:58 PM
 #2103

I am not spending my coins on a daily basis. But at least 2/3 times a month I buy things online.
Sometimes on bitcointalk and sometimes online in the shops that accept bitcoin. So i do spend, but not active.

We all love to spend our coins for buying online stuff but I think we should stop spending now as halving is very near and it will show us some best price of bitcoin.
Already near to 800$ is bitcoins price right now and I expect to get it over 1000$ for sure and hence I am not spending them for now, I am thinking of saving them for at least 1 month and then see how it goes. Yes I do gamble a few bitcoins though but very few.

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June 19, 2016, 08:31:37 PM
 #2104


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.
Honestly i think the most sensible thing to do would be to save bitcoins as at the moment the value is quite low, but after the halving it should skyrocket, spending now seems like a bad idea when you can save them for now and buy later a lot more
I gamble with mine and honestly it's a mistake, because far more often than not you'll end up bankrupt in minutes when going on a loss fuelled spree, justified by the occasional win, hate it, but wouldn't change it


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June 19, 2016, 08:33:55 PM
 #2105


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.
Honestly i think the most sensible thing to do would be to save bitcoins as at the moment the value is quite low, but after the halving it should skyrocket, spending now seems like a bad idea when you can save them for now and buy later a lot more
I gamble with mine and honestly it's a mistake, because far more often than not you'll end up bankrupt in minutes when going on a loss fuelled spree, justified by the occasional win, hate it, but wouldn't change it

You cannot say that price is too low at a moment it is the best price that we have seen in recent past, but it would be the best if we can hold it till halving to get extra benefits from it.
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June 20, 2016, 01:50:46 AM
 #2106


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.
Honestly i think the most sensible thing to do would be to save bitcoins as at the moment the value is quite low, but after the halving it should skyrocket, spending now seems like a bad idea when you can save them for now and buy later a lot more
I gamble with mine and honestly it's a mistake, because far more often than not you'll end up bankrupt in minutes when going on a loss fuelled spree, justified by the occasional win, hate it, but wouldn't change it

You cannot say that price is too low at a moment it is the best price that we have seen in recent past, but it would be the best if we can hold it till halving to get extra benefits from it.
Exactly, the more we hold our coins before the halving we will experience more profit. Just remember to drop it after the halving because my speculation is the price will fall a bit or would be stable.

 
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June 20, 2016, 07:24:25 AM
 #2107

i'm busy earning bitcoin, altcoins and fiat rather than spending them. when i have not too much, it's better like that.

That's the best thing to do now, is just by holding out your bitcoin and just wait for the halving so that you can earn a good profit from it.
Then you can spend actively again when you already get profit from it.

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June 20, 2016, 07:46:12 AM
 #2108

I wouldn't say I actively spend it. I buy CS:GO keys from people on this forum once a week. I'm not sure if you count that as actively. Also, I have bought a couple of items from purse.io before.
I have only bought some things online but I sad to my self that I am not going to spend to much Bitcoins anymore because they are getting worth money.
This is my chance to make some money and I will not let that chance slide by spending all my Bitcoins.
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June 20, 2016, 07:51:27 AM
 #2109

For now, i'm not actively spend my bitcoins. Because right now i'm holding my bitcoins until the halving come, many people predict the price of bitcoin will increase so high though, so i'm not spend my bitcoins.
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June 20, 2016, 07:56:35 AM
 #2110

I wouldn't say I actively spend it. I buy CS:GO keys from people on this forum once a week. I'm not sure if you count that as actively. Also, I have bought a couple of items from purse.io before.
I have only bought some things online but I sad to my self that I am not going to spend to much Bitcoins anymore because they are getting worth money.
This is my chance to make some money and I will not let that chance slide by spending all my Bitcoins.
Spending will be bad now around this time and that is because you have to know that the value of Bitcoin is becoming higher so that is nice for people who already have Bitcoin.
But it will be really hard to know what is going to happen later in the future.
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June 20, 2016, 08:04:30 AM
 #2111

Right now I do not spend any bitcoin because the rising has been so good, I honestly think it will let me lose profit that I can make in the future.
Its just a matter of time before I will spend it of course but this will mostly be around the end of this year.
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June 20, 2016, 08:18:52 AM
 #2112

If i can be true to you i dont spend bitcoins at all some times i do just to let them go and not hold every coin but for now i am just holding sorry peeps.
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June 20, 2016, 08:27:54 AM
 #2113

Right now I do not spend any bitcoin because the rising has been so good, I honestly think it will let me lose profit that I can make in the future.
Its just a matter of time before I will spend it of course but this will mostly be around the end of this year.

That's right, that is what I'm also thinking, if I spend my bitcoins today actively.
I will probably lose the possibility to earn bitcoins for future.

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June 20, 2016, 08:39:28 AM
 #2114

If i can be true to you i dont spend bitcoins at all some times i do just to let them go and not hold every coin but for now i am just holding sorry peeps.

It is okay to hold it if you are really patient in waiting for the right price for you. We have our own opinions here. I am one who holds and use it at the same time.





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June 20, 2016, 11:46:12 AM
 #2115

If i can be true to you i dont spend bitcoins at all some times i do just to let them go and not hold every coin but for now i am just holding sorry peeps.

It is okay to hold it if you are really patient in waiting for the right price for you. We have our own opinions here. I am one who holds and use it at the same time.

If you are in need of money then you can sell it, but if you have other sources of income then you should hold it for future as it will give you better profits in compare to present.
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June 20, 2016, 11:56:15 AM
 #2116

If i can be true to you i dont spend bitcoins at all some times i do just to let them go and not hold every coin but for now i am just holding sorry peeps.

It is okay to hold it if you are really patient in waiting for the right price for you. We have our own opinions here. I am one who holds and use it at the same time.

If you are in need of money then you can sell it, but if you have other sources of income then you should hold it for future as it will give you better profits in compare to present.

Yeah right, as long as you don't have to use your bitcoins, hold it and look for other sources of your income if you are really in need to spend for.
But if you don't have, then it's fine to use it.
As long as you are going to use it in a reasonable thing.



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June 20, 2016, 02:28:42 PM
 #2117

Used to spend 1 year ago. Now accumulate some.
I try to spend as less coins a possible because the Bitcoins becomes worth money and after the halving it will become allot harder to earn Bitcoins.
That is why I suggest that you hold on to your Bitcoins.
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June 20, 2016, 03:41:00 PM
 #2118

Right now I'm not spending them because the bitcoin has a lot of price increases lately, I do not want to lose profit due to spending.
This is why I simply hold my bitcoins just to make more profit after a while I will spend my bitcoins again..
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June 20, 2016, 04:20:03 PM
 #2119

Used to spend 1 year ago. Now accumulate some.
I try to spend as less coins a possible because the Bitcoins becomes worth money and after the halving it will become allot harder to earn Bitcoins.
That is why I suggest that you hold on to your Bitcoins.

That's true its time to save and not to spend, as price will go higher at halving, and may be I think the coins which we are earning from campaign right now will become difficult to earn, I think campaign will reduce their rates after the halving.


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June 20, 2016, 05:53:00 PM
 #2120

Yes, I do. So far only for digital goods. Wanna try to spend it on physical goods soon, too.
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