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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 256544 times)
mirakal
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July 05, 2016, 01:57:50 AM
 #2381

I actively spend my bitcoin in online shopping, buying online things like computer accessories etc and also in buying other things.
the same for me, if i have a chance i definitely spend my bitcoins online because i think it can allow you to shop really fast and really easily, thats the best shopping option in my opinion

That's really the use of bitcoin to buy it online. But many are saying that wait for a while and stop spending too much. As the halving is going to happen for few days.
So that you are able to get some profits when the halving is going to happen.
Of course you only spend the money that you can afford and the same goes with investment, spending is great using bitcoins because you can transact fast and you can only pay low charges, however you can only buy limited things online as major merchant are yet to adopt bitcoins.

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July 05, 2016, 02:08:44 AM
 #2382

I actively spend my bitcoin in online shopping, buying online things like computer accessories etc and also in buying other things.
the same for me, if i have a chance i definitely spend my bitcoins online because i think it can allow you to shop really fast and really easily, thats the best shopping option in my opinion

That's really the use of bitcoin to buy it online. But many are saying that wait for a while and stop spending too much. As the halving is going to happen for few days.
So that you are able to get some profits when the halving is going to happen.
Of course you only spend the money that you can afford and the same goes with investment, spending is great using bitcoins because you can transact fast and you can only pay low charges, however you can only buy limited things online as major merchant are yet to adopt bitcoins.

For me, I am spending bitcoins actively but the same thing I got influenced by the people here that are suggesting that stop the use first of bitcoin.
And save some of it for the halving, as it is an assurance that we are going to get profit once the halving comes.



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July 05, 2016, 07:34:59 AM
 #2383

I actively spend my bitcoin in online shopping, buying online things like computer accessories etc and also in buying other things.
the same for me, if i have a chance i definitely spend my bitcoins online because i think it can allow you to shop really fast and really easily, thats the best shopping option in my opinion
I can't say that I am actively spending my bitcoins because I haven't reached that amount of bitcoins where I can always buy anything I want using this currency. But whenever I need actual money to buy necessities I always exchange my available bitcoins and use the money I got from it.
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July 05, 2016, 07:48:24 AM
 #2384

I sometimes spend Bitcoins to buy some electronic stuff and there is a place where I am from where you can order food from by paying with Bitcoins.
Those are really the only things that I sometimes spend by Bitcoins on.
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July 05, 2016, 08:08:03 AM
 #2385

i never spend bitcoins i only trade them or invest into the bitcoin and that is because it is not very necessery to spent your bitcoins the only thing you have to do is do something
with your coins otherwise prise wont rise and that would be very sad for every bticoin user.
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July 05, 2016, 06:26:03 PM
 #2386

i never spend bitcoins i only trade them or invest into the bitcoin and that is because it is not very necessery to spent your bitcoins the only thing you have to do is do something
with your coins otherwise prise wont rise and that would be very sad for every bticoin user.

As long as we use our bitcoin, the price will rise. The only problem is the user experience, which was quite bad for me recently due to the slow confirmation.

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July 05, 2016, 06:44:38 PM
 #2387

I spend my bitcoins actively on different things like mobile recharging,gambling and money transfer as well.I also convert them into fiat and vise versa whenever is possible.I prefer to keep some part of my money into bitcoin.I am not just holding and waiting on.
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July 05, 2016, 06:54:40 PM
 #2388

Not lately, nor I think people have.

Until this whole halving event scenario is settled, I dont think most will spend it unless they feel like it`ll go down or something to hedge with something else.

I been just storing it in my cold wallet since I cant really decide to spend or not due the increasing valuation.
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July 05, 2016, 11:24:32 PM
 #2389

I spend my bitcoins actively on different things like mobile recharging,gambling and money transfer as well.I also convert them into fiat and vise versa whenever is possible.I prefer to keep some part of my money into bitcoin.I am not just holding and waiting on.

I see you have a portion allotted for holding and also for spending actively. And that's good to know that you are able to manage things like that.
But for me, I already stopped spending bitcoin.
I am just waiting for the price increase and hoping to get profit out of it.

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July 05, 2016, 11:33:15 PM
 #2390

i never spend bitcoins i only trade them or invest into the bitcoin and that is because it is not very necessery to spent your bitcoins the only thing you have to do is do something
with your coins otherwise prise wont rise and that would be very sad for every bticoin user.

As long as we use our bitcoin, the price will rise. The only problem is the user experience, which was quite bad for me recently due to the slow confirmation.
of course the price will be rising, in my opinion bitcoin has a lot of potential to grow right now because people will buy a lot of it during the block reward halving that will happen soon

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July 05, 2016, 11:47:53 PM
 #2391

i never spend bitcoins i only trade them or invest into the bitcoin and that is because it is not very necessery to spent your bitcoins the only thing you have to do is do something
with your coins otherwise prise wont rise and that would be very sad for every bticoin user.

As long as we use our bitcoin, the price will rise. The only problem is the user experience, which was quite bad for me recently due to the slow confirmation.
of course the price will be rising, in my opinion bitcoin has a lot of potential to grow right now because people will buy a lot of it during the block reward halving that will happen soon

That is for sure and it is really going to happen as the halving is going to happen. It is better if you are going to save a lot of bitcoins and just stop actively spending it or just limit the spend of yours.
Because it is going to give you good returns out of it.



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July 06, 2016, 01:52:23 AM
 #2392

i never spend bitcoins i only trade them or invest into the bitcoin and that is because it is not very necessery to spent your bitcoins the only thing you have to do is do something
with your coins otherwise prise wont rise and that would be very sad for every bticoin user.

As long as we use our bitcoin, the price will rise. The only problem is the user experience, which was quite bad for me recently due to the slow confirmation.
of course the price will be rising, in my opinion bitcoin has a lot of potential to grow right now because people will buy a lot of it during the block reward halving that will happen soon

That is for sure and it is really going to happen as the halving is going to happen. It is better if you are going to save a lot of bitcoins and just stop actively spending it or just limit the spend of yours.
Because it is going to give you good returns out of it.
Saving is really important but it is also important that you will only save the amount you can afford to lose as we are saving Bitcoin and it is very risky as we never know the future, we base our judgement only base on our speculation.

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diodio5
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July 06, 2016, 12:30:49 PM
 #2393

For this situation i dont spend bitcoin right now because i am waiting for more price increase the bulls market and whales are fighting and the price is already been decrease again..
I think not a problem if you're still growing bitcoin with short-term methods such as trade or other growing methods. bitcoin does not mean shopping spending is wasteful. spending could mean anything would be very unfortunate if you just hold and keep bitcoin only #imo


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umaOuma
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July 06, 2016, 01:36:32 PM
 #2394

I don't spend it but I sell it on regular basis as I think bitcoin should be used every now and then, and only holding will not help bitcoin to reach higher price in future.
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July 06, 2016, 01:46:50 PM
 #2395

I do not actively spend Bitcoin because to me it is just a waist to do that, Bitcoin is worth allot of money at the moment so if you spend them you are losing the a chance to make money with them.
I want to know how many poeple spend there coins because it is not smart.
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July 06, 2016, 02:10:20 PM
 #2396


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.
There are many services/merchants/shops accepting bitcoin right now, and the number is growing. The problem is that usually payment with bitcoin is not widely announced and are often hidden under debit/credit, paypal and bank transfer method of payment. Usually you can chose bitcoin payment only if you are finalizing your purchase.
That's good to know, I hope these merchants will continue to increase its numbers, and I just hope major merchants will totally adopt now that they are seeing bitcoins is becoming more popular and I am pretty sure they will increase their market.

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July 06, 2016, 02:11:35 PM
 #2397

I do not actively spend Bitcoin because to me it is just a waist to do that, Bitcoin is worth allot of money at the moment so if you spend them you are losing the a chance to make money with them.
I want to know how many poeple spend there coins because it is not smart.


You really think it is not smart? Do you really believe that. Okay lets make a movement where no one will use it. Do you think it will scatter with that? Do you think those who use it dont add up to the fluctuation?

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newcoins1978
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July 06, 2016, 02:23:53 PM
 #2398

I do sometimes spend some Bitcoins to by some stuff for my computer I know that people say that it is not handy to spend Bitcoin at the moment but I do not really care.
I am going to spend if I want to spend so do not judge me please.
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July 06, 2016, 03:16:27 PM
 #2399

I do sometimes spend some Bitcoins to by some stuff for my computer I know that people say that it is not handy to spend Bitcoin at the moment but I do not really care.
I am going to spend if I want to spend so do not judge me please.
I spend bitcoins too but not the way you do.
I collect my whole profit at one wallet every week,i take 10% and spend it for anything i want.
I save 45% and the remaining 45% i invest into casino's or trading etc.

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July 07, 2016, 07:37:09 AM
 #2400

I do sometimes spend some Bitcoins to by some stuff for my computer I know that people say that it is not handy to spend Bitcoin at the moment but I do not really care.
I am going to spend if I want to spend so do not judge me please.
I spend bitcoins too but not the way you do.
I collect my whole profit at one wallet every week,i take 10% and spend it for anything i want.
I save 45% and the remaining 45% i invest into casino's or trading etc.
That is a very good saving strategy, if you can follow that diligently you will be rich in no time. I just love to follow yours as I believe saving is very important to sustain living in the future.

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