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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 256920 times)
Shibashi Dogemoto
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June 24, 2016, 06:23:54 PM

I always spend my bitcoin. I usally pay my interntet bill with bitcoin online. and I also trade bitcoin.

like a gambler who decides to spend some of her winnings at a luxury store at a casino, people feel wealthier when their Bitcoin increases in value, prompting them to spend it, which in turn makes more merchants interested in accepting it.
if this happens you can pay to bank, insurance and everything by bitcoins itself.

If we are able to spend the bitcoin immediately then it is a great bonus, i don't compare it to gamble but as an asset like stock shares, price of gold etc. But if you decide to not sell them for a long a time then the current price with its pump and dumps does not matter.

I think we should sell our coins when price pumps as that is the time to secure profits and then again wait for the price dump to buy some more coins in future.
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June 24, 2016, 11:05:55 PM

I always spend my bitcoin. I usally pay my interntet bill with bitcoin online. and I also trade bitcoin.

like a gambler who decides to spend some of her winnings at a luxury store at a casino, people feel wealthier when their Bitcoin increases in value, prompting them to spend it, which in turn makes more merchants interested in accepting it.
if this happens you can pay to bank, insurance and everything by bitcoins itself.

If we are able to spend the bitcoin immediately then it is a great bonus, i don't compare it to gamble but as an asset like stock shares, price of gold etc. But if you decide to not sell them for a long a time then the current price with its pump and dumps does not matter.

I think we should sell our coins when price pumps as that is the time to secure profits and then again wait for the price dump to buy some more coins in future.

Is this not what everyone does? Well i guess not EVERYONE does this but most people just wait for btc to stabilize at a higher price for their own safety and then use their btc's to buy and sell stuff.

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June 25, 2016, 01:40:59 AM

Well for me I actively spend my bitcoins but not for buying online. I trade it to fiat most of the time or use it to buy some airtime for my mobile phone. That's how I spend my bitcoin.
At least you are doing it on a positive way and you are not lured in gambling. Me, when I was new to the bitcoins world and have not find yet the best way to earn money, I always gamble and most of the time I lose until I found that investment is better than gambling.

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June 25, 2016, 06:21:20 AM

Yes i actively spend my bitcoin to some stuff and the rest i save it and wait for the price increase

If what you are saying is true then I thumbs up to you. Spenders are needed now or in the future it will not be the valuable commodity or currency but a rotten and smelly coin which no one wants to hold.
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June 25, 2016, 06:41:02 AM

Well for me I actively spend my bitcoins but not for buying online. I trade it to fiat most of the time or use it to buy some airtime for my mobile phone. That's how I spend my bitcoin.
Well its just a safe way to make more profit.. but for me i will hold it right now the price is gradually increase and i think the price this week will hit again in 700 level or next week so better to hold it than trading it because you can not make a profit more if you trade it to usd but depends if there is a margin increase and decrease..

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June 25, 2016, 07:05:14 AM

Well for me I actively spend my bitcoins but not for buying online. I trade it to fiat most of the time or use it to buy some airtime for my mobile phone. That's how I spend my bitcoin.
Well its just a safe way to make more profit.. but for me i will hold it right now the price is gradually increase and i think the price this week will hit again in 700 level or next week so better to hold it than trading it because you can not make a profit more if you trade it to usd but depends if there is a margin increase and decrease..
It is really easy to predict bitcoins now because of the halving, when the price will start to rise slowly we can expect that it will continue to rise and if we have a good eye just ride with it and let it take you to the moon. There is no way the price will not increase in the next few days when the halving is next month.

 
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June 25, 2016, 07:08:44 AM

iam spending my bitcoins at the moment to hashocean or hashnest. this are cloud mining service which provide me good profits accumulated from my invested Bitcoins.
its really great. ive saved my bankroll and let it going like this Wink its a great opportunity to earn money from home or to earn money while doing your normal day job Wink

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June 25, 2016, 07:15:56 AM

Im not spending any of my bitcoins right now,, and my bitcoins were just like in a time deposit,
I will only use them,or cashout them after 6 months.
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June 25, 2016, 01:11:35 PM

Im not spending any of my bitcoins right now,, and my bitcoins were just like in a time deposit,
I will only use them,or cashout them after 6 months.
Wow! good plan, I hope you can follow that and you will stay discipline regardless of the circumstances, for me that is the best plan but you need to be discipline enough to follow and achieve your goal.

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June 25, 2016, 01:31:24 PM

Im not spending any of my bitcoins right now,, and my bitcoins were just like in a time deposit,
I will only use them,or cashout them after 6 months.

Me either, I'm doing it this way. Until now I'm just storing my bitcoins on my wallet and it is also just like on a time deposit in a bank.
And I stopped spending actively because for sure I know that with the time that I'm going to invest with bitcoin.
I'm going to earn with that kind of effort.



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HAS BEEN RELEASED!


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June 25, 2016, 03:37:25 PM

Im not spending any of my bitcoins right now,, and my bitcoins were just like in a time deposit,
I will only use them,or cashout them after 6 months.
Lol is it 6 months to hold bitcoin will definitely give you a profit? I think you can not say you'll hold for 6 months and sold it because it was included in gambling. you'd better grow with certain methods and you will have the opportunity to spend your bitcoin dude


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June 25, 2016, 03:54:30 PM

this time not, I'm waiting for bitcoin prices rose. so while waiting I was also busy looking for bitcoin. I think I would sell my bitcoin when the price has reached $ 1k

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June 25, 2016, 03:57:42 PM

this time not, I'm waiting for bitcoin prices rose. so while waiting I was also busy looking for bitcoin. I think I would sell my bitcoin when the price has reached $ 1k

Many people are waiting to see that price so that they can sell their coins and collect the profits, and I think we may see that price at halving, so its wise not to spend coins now.
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June 25, 2016, 04:20:39 PM

I very like to make different payments in steam, and i was so happy when bitcoin was added as payment system, i am using bitcoin there almos everyday.

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June 25, 2016, 04:22:38 PM

I very like to make different payments in steam, and i was so happy when bitcoin was added as payment system, i am using bitcoin there almos everyday.

I think you should not spend your coins at this stage, as halving is around the corner which will take price to higher level and that will be the best time to spend bitcoins.
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June 25, 2016, 04:27:15 PM

I very like to make different payments in steam, and i was so happy when bitcoin was added as payment system, i am using bitcoin there almos everyday.

I think you should not spend your coins at this stage, as halving is around the corner which will take price to higher level and that will be the best time to spend bitcoins.
Yeah but in the right time.. because for me i have a goal that i want to hit the price in 800 value.. and this is i think the best value of bitcoin if the price hit 800 value i will sell or spend more bitcoins and hold few bitcoins for the value $1k for the future..

"If money was being invented now, it wouldn't be designed to look like cash or credit cards. It would look more like Bitcoin."
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June 25, 2016, 05:00:59 PM

I very like to make different payments in steam, and i was so happy when bitcoin was added as payment system, i am using bitcoin there almos everyday.

I think you should not spend your coins at this stage, as halving is around the corner which will take price to higher level and that will be the best time to spend bitcoins.
Yeah but in the right time.. because for me i have a goal that i want to hit the price in 800 value.. and this is i think the best value of bitcoin if the price hit 800 value i will sell or spend more bitcoins and hold few bitcoins for the value $1k for the future..

Your strategy is good. Sell it at *00$ which is not a bad price until halving and buy some again to sell at 1k$. Others says  they will sell it at 1k$ because it might hit that price after halving which i think will not happen. And from your strategy you can oearn more profit rather than selling it one time.
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June 25, 2016, 05:03:09 PM

i am not sure if i can tell my bitcoin spending active spending bitcoin but i always try to spend my bitcoin in places that i can.

in other words i can say that if the place has a payment option for bitcoin i will definitely choose it instead.

to the moon with bitcoin...
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June 25, 2016, 05:03:34 PM

I very like to make different payments in steam, and i was so happy when bitcoin was added as payment system, i am using bitcoin there almos everyday.

I think you should not spend your coins at this stage, as halving is around the corner which will take price to higher level and that will be the best time to spend bitcoins.
Yeah but in the right time.. because for me i have a goal that i want to hit the price in 800 value.. and this is i think the best value of bitcoin if the price hit 800 value i will sell or spend more bitcoins and hold few bitcoins for the value $1k for the future..

Your strategy is good. Sell it at *00$ which is not a bad price until halving and buy some again to sell at 1k$. Others says  they will sell it at 1k$ because it might hit that price after halving which i think will not happen. And from your strategy you can oearn more profit rather than selling it one time.

Never sell your coins at once, if  you do then you are playing with your profits, as if you hold some then you always have an opportunity to sell in future when price goes higher.
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June 25, 2016, 06:07:13 PM

Never sell your coins at once, if  you do then you are playing with your profits, as if you hold some then you always have an opportunity to sell in future when price goes higher.

It might go the other way around Cheesy.  As you see Bitcoin is highly volatile.  It goes up and down in an instance.  Besides when circumstance dictates you to sell all your coin, even at a lost, you will sell them Cheesy  So I think spend your Bitcoin when you feel like it is time to spend them Cheesy @topic, i do spend my bitcoin paying bills and buying mobile loads.  It's cheaper that way Cheesy

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