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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 257624 times)
Ziskinberg
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June 30, 2016, 01:56:50 AM
 #2281

I never spent bitcoins because i want to hold them till the end of this year becasue the price of the bitcoin at the end of this year
will be around the 1000 dollar each so if you just wait t couple of weeks and have a little patient you will all have allot of profit.

You should be a patient one cause you will wait very long time till price reach $1000, but it can make you rich in future, good luck to you dude.

Yeah it is better if you are going to be patient and still wait for just a short time as the halving is going to happen soon. And you can get a better profit once you are going to sell your bitcoins after it.
And I'm hoping also that the price is going to rise from $800 up to $1,000.
Now is the time to be patient because the halving is really near and anytime from now the price could go up like skyrocket, so if you don't have the money to ride with bitcoin when it is going to the moon you will regret hard.

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leonix007
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June 30, 2016, 02:09:57 AM
 #2282

not really often, I'd just used it to buy credit loads, pay bills, but not yet spending in shopping, I just hold it for a while and wait for a price increase then convert into my local currency then wait for price low then buy it.
Zooplus
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June 30, 2016, 03:17:22 AM
 #2283

not really often, I'd just used it to buy credit loads, pay bills, but not yet spending in shopping, I just hold it for a while and wait for a price increase then convert into my local currency then wait for price low then buy it.
Good move, with bitcoins in our hand, we should be hesitant to buy useless things or just to feed our wants. What we are holding is precious and if we know how to value it, it will give us fortune in the future.
bitdumper
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June 30, 2016, 03:32:49 AM
 #2284

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin

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June 30, 2016, 06:45:53 AM
 #2285

Off course am i spending bitcoins in real life what would bitcoins be if i cant spent with them the price wont rais by them self you know.
We need to spent bitcoins with all of us bitcoin users because the price need to rise again peeps.
I gamble a lot with bitcoins and most of the time deposit and withdraw very often so yeah I actively spend bitcoins no matter if the price is high or low, I am just gambling in bitcoins and never care much for price.
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June 30, 2016, 07:08:41 AM
 #2286

Off course am i spending bitcoins in real life what would bitcoins be if i cant spent with them the price wont rais by them self you know.
We need to spent bitcoins with all of us bitcoin users because the price need to rise again peeps.
I gamble a lot with bitcoins and most of the time deposit and withdraw very often so yeah I actively spend bitcoins no matter if the price is high or low, I am just gambling in bitcoins and never care much for price.
Of course that would only be your concern if you are using bitcoins as a means to gamble, and honestly gambling industry help a lot bitcoins to be more popular and the new players will later discover that they can also invest aside from gambling.

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June 30, 2016, 07:31:29 AM
 #2287

For now its a no, i am not even selling and exchanging it cause of halving but in past when price was around $400 i've exchanged many bitcoin and spend this money on myself.
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June 30, 2016, 07:47:26 AM
 #2288

For now its a no, i am not even selling and exchanging it cause of halving but in past when price was around $400 i've exchanged many bitcoin and spend this money on myself.
At the moment I am also not spending any coins because it gets allot harder to try and earn them, in the past I was spending allot of them but that was because they also were allot cheaper to buy.
Now things have changed and we also have to change in order to keep up with Bitcoin.
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June 30, 2016, 10:48:46 AM
 #2289

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I also have spend some of my Bitcoin on digital goods but ow when it gets harder to earn them and the price gets higher so they are more expensive I do not spend them that much any more.
At this moment it is the best but to just hold on to them for a while.
Schuyler
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June 30, 2016, 10:52:07 AM
 #2290

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I also have spend some of my Bitcoin on digital goods but ow when it gets harder to earn them and the price gets higher so they are more expensive I do not spend them that much any more.
At this moment it is the best but to just hold on to them for a while.
I agree with you. With the price of bitcoin still showing strength and consolidating at the $630 levels, with the potential to go higher, one cannot be blamed for just holding his bitcoins because in the future, that same amount of bitcoin would cost much more.
DoublerHunter
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June 30, 2016, 12:34:04 PM
 #2291

As of now i spend my bitcoin on alt coin trading sites to grow it more and i will withdraw and keep them if the amount of my bitcoin would increased at least 150%. I do that because that is the only way where i can grow my bitcoin safer than gambling or HYIPs.
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June 30, 2016, 12:36:43 PM
 #2292

I spent my btc in downtrend, i dont sell btc from 300$

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June 30, 2016, 12:50:01 PM
 #2293

not really often, I'd just used it to buy credit loads, pay bills, but not yet spending in shopping, I just hold it for a while and wait for a price increase then convert into my local currency then wait for price low then buy it.
Good move, with bitcoins in our hand, we should be hesitant to buy useless things or just to feed our wants. What we are holding is precious and if we know how to value it, it will give us fortune in the future.
They won't for sure because there are few merchants that accepts bitcoin thru their payment so eventhough they really want those specific things if bitcoin is not an option for payment then they can't still buy it. I think the lack of merchants too is one of the reason why people don't bother to buy things using bitcoin.
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June 30, 2016, 01:17:16 PM
 #2294

Nowdays i am not spending anything cause i am saving up money for big purchase, last month i've spend some coins on gambling and bought some games in steam.

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June 30, 2016, 02:28:33 PM
 #2295

not really often, I'd just used it to buy credit loads, pay bills, but not yet spending in shopping, I just hold it for a while and wait for a price increase then convert into my local currency then wait for price low then buy it.
Good move, with bitcoins in our hand, we should be hesitant to buy useless things or just to feed our wants. What we are holding is precious and if we know how to value it, it will give us fortune in the future.
They won't for sure because there are few merchants that accepts bitcoin thru their payment so eventhough they really want those specific things if bitcoin is not an option for payment then they can't still buy it. I think the lack of merchants too is one of the reason why people don't bother to buy things using bitcoin.

Agree that is one of the factor, lack of merchants so they just using it more actively in investment to make profits. But you know even there is a lot of merchants accepted in some of the places, other people insist to use it since they care for the price to bag some good profits.
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June 30, 2016, 02:51:46 PM
 #2296

Sometime i use bitcoin to pay for facebook promotion, bitcoin helping me in my daily work for digital needs.
and sometime i get some money to buy something when i need.
but i always save some fund to find it when i need.

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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June 30, 2016, 06:30:44 PM
 #2297

I have been actively spending bitcoins but since the price started plummeting, I have taken a back seat until it stabilizes.
Yes, same I do too. I earn bitcoins then I spend them very fluently so far but right now due to the price is high I only use and spend them when I am in desperate need of something.

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July 01, 2016, 05:36:55 AM
 #2298

I have been actively spending bitcoins but since the price started plummeting, I have taken a back seat until it stabilizes.
Yes, same I do too. I earn bitcoins then I spend them very fluently so far but right now due to the price is high I only use and spend them when I am in desperate need of something.
Good move, that should be the way to discipline ourselves. Spend only on things that we badly need or for our basic needs, treat bitcoin like a good that the more you store it in the long period of time you will benefits more.

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July 01, 2016, 05:43:45 AM
 #2299

I could only spend my bitcoin to recharge my mobile or for gambling. not much just that for the time being.

Active usage of bitcoin mostly takes place while placing bets, rather than that I prefer to convert to local currency and use it because of the limited acceptance of bitcoin in mycountry.

I have the same issue. There is no merchants here in our country that accepts bitcoin as payment. So for now, I am converting it to fiat first before I can use it. I hope someday merchants from here also adopt bitcoin as payment so I can easily use it without having to convert first.
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July 01, 2016, 06:25:26 AM
 #2300

I could only spend my bitcoin to recharge my mobile or for gambling. not much just that for the time being.

Active usage of bitcoin mostly takes place while placing bets, rather than that I prefer to convert to local currency and use it because of the limited acceptance of bitcoin in mycountry.

I have the same issue. There is no merchants here in our country that accepts bitcoin as payment. So for now, I am converting it to fiat first before I can use it. I hope someday merchants from here also adopt bitcoin as payment so I can easily use it without having to convert first.
We just need time for that to happen, in the future we will surely see big merchants in our respective country, every year is an improvement of bitcoin and with continues support we can see that benefits and experience it.
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