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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)
The_prodigy
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July 09, 2016, 09:34:37 PM
 #2461

now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.

I spent my bitcoin whenever I need to buy things online and if the online shop accepts the bitcoin. Then I will buy back the coins.

Same, I usually spend my bitcoins to buy game credits such as steam wallet and garena shells. Sometimes I use it to buy load and other stuff. But, there are times that im keeping it and waiting for the price to increase then im selling it and buying again when the price drops. In addition, bitcoin can now be spent and accepted by some stores as payment. You can now buy gadgets, mining hardware, clothes and other stuffs. Although I never tried to buy the following items, but looking forward to it.

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Bitcoinbro
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July 09, 2016, 09:47:56 PM
 #2462

No I do not spend them actively and this is due to the fact that the bitcoin has a great future a head.

The halving is busy and I think that the bitcoin will grow a lot due to this I think its simply not worth spending.
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July 09, 2016, 11:01:21 PM
 #2463

now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.

I spent my bitcoin whenever I need to buy things online and if the online shop accepts the bitcoin. Then I will buy back the coins.

Same, I usually spend my bitcoins to buy game credits such as steam wallet and garena shells. Sometimes I use it to buy load and other stuff. But, there are times that im keeping it and waiting for the price to increase then im selling it and buying again when the price drops. In addition, bitcoin can now be spent and accepted by some stores as payment. You can now buy gadgets, mining hardware, clothes and other stuffs. Although I never tried to buy the following items, but looking forward to it.
Well we are not the same i just spend my bitcoins for monthly bill i know coins ph you are talking about that you can buy steam credit and garena shells that you can use in league of legends well to mine i just pay my monthly bill for internet and electricity bill..

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phreaky
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July 10, 2016, 12:45:46 AM
 #2464

No I do not spend them actively and this is due to the fact that the bitcoin has a great future a head.

The halving is busy and I think that the bitcoin will grow a lot due to this I think its simply not worth spending.

I'm not spending them either because of the halving that is been done, the price is gonna rise very soon and its just a matter of time.
We should now hold our bitcoins and wait for the nice price increase that is coming.
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July 10, 2016, 01:44:13 AM
 #2465

No I do not spend them actively and this is due to the fact that the bitcoin has a great future a head.

The halving is busy and I think that the bitcoin will grow a lot due to this I think its simply not worth spending.

I'm not spending them either because of the halving that is been done, the price is gonna rise very soon and its just a matter of time.
We should now hold our bitcoins and wait for the nice price increase that is coming.
Maybe with a maximum of 3 months we can already feel the effect of halving into our investment, there is only one thing that is I am certain would happen, it is the price that will increase significantly.

 
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KonceptCars
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July 10, 2016, 02:55:31 AM
 #2466

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
hermanhs09
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July 10, 2016, 03:02:26 AM
 #2467

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.

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July 10, 2016, 04:30:21 AM
 #2468


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.
I hold almost all of them,but i take my profit and gamble them,i dont change it to USD for example.
BTC is actually my hobby,and i dont care if i lose few just to have fun rolling the dice Smiley
anyway i could go smarter and book my profit out of investments

At this stage you cannot afford to loose even a small amount of coins as by only holding you can make good profits at halving in compare to gambling and there is no risk in holding like gambling.
Holding not guarantee will give you a profit all of that still has not been proven and I think holding also have at risk for losing.

If you are holding for long term then you can earn profits from it in future but not sure whether holding till halving can be profitable or not as price is not going high at a moment.
yeah i'm sure that bitcoin prices in the future will be quite high and I'm pretty sure that you'll be profit if you can hold bitcoin up to future? but the problem is no one is able to survive holding bitcoi too long? maybe I still doubt there are many people who do not sell their bitcoin from year 2012? any here ?


mishra1994
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July 10, 2016, 04:33:21 AM
 #2469

Right now i am just collecting bitcoins because i dont have dat much bitcoins right now.Yes i use them sometimes on bitrefill on mobile recharges and do some gambling also.
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July 10, 2016, 04:51:28 AM
 #2470

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yea, if people spend their BTC, businesses will start to use bitcoin as an available payment option(hopefully).

mirakal
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July 10, 2016, 06:34:34 AM
 #2471

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yea, if people spend their BTC, businesses will start to use bitcoin as an available payment option(hopefully).
I think it should be the other way around, if the business will be accepting bitcoins then we can easily spend our bitcoins, like for instance if large merchants like amazon will accept bitcoin then it would be a huge bitcoin in the circulation.

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serjent05
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July 10, 2016, 11:16:51 AM
 #2472

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yea, if people spend their BTC, businesses will start to use bitcoin as an available payment option(hopefully).
I think it should be the other way around, if the business will be accepting bitcoins then we can easily spend our bitcoins, like for instance if large merchants like amazon will accept bitcoin then it would be a huge bitcoin in the circulation.

Yeah it would be great if businesses starting from local store to tycoon company to start using and accepting Bitcoin.  This will be a great milestone if a big company start paying or giving a payment option of Bitcoin to their employee.  Likewise local store accepting Bitcoin is great to accomodate people who want to spend their bitcoin. 
As of me i already said that i spend my BTC actively.

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July 10, 2016, 12:08:04 PM
 #2473

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yea, if people spend their BTC, businesses will start to use bitcoin as an available payment option(hopefully).
I think it should be the other way around, if the business will be accepting bitcoins then we can easily spend our bitcoins, like for instance if large merchants like amazon will accept bitcoin then it would be a huge bitcoin in the circulation.

Yeah it would be great if businesses starting from local store to tycoon company to start using and accepting Bitcoin.  This will be a great milestone if a big company start paying or giving a payment option of Bitcoin to their employee.  Likewise local store accepting Bitcoin is great to accomodate people who want to spend their bitcoin. 
As of me i already said that i spend my BTC actively.
When bitcoins will be popular more in the world, the merchants will have no choice but to take advantage on the market and that would be the time that we can be tempted to buy more things and maybe forget to save and invest anymore.

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July 10, 2016, 12:42:32 PM
 #2474

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.

True. There should be a campaign for thay. As we see the poll the people who says yes are just a little higher than the one who says no. So I hope people are reading here for them to know that it must be used.





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diodio5
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July 10, 2016, 01:24:16 PM
 #2475

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
I think more and more people buy bitcoin it would be good for circulation in bitcoin and make the price too high, may differ from the selling that has a rather negative effect. of course, if the user more selling than buying it will make the price down? for the time being as stable as possible selling and buying has almost the same order of magnitude


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Zooplus
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July 10, 2016, 01:39:16 PM
 #2476

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
I think more and more people buy bitcoin it would be good for circulation in bitcoin and make the price too high, may differ from the selling that has a rather negative effect. of course, if the user more selling than buying it will make the price down? for the time being as stable as possible selling and buying has almost the same order of magnitude

That's basic in my opinion, as investor that is what we are longing for to create massive adoption in order to create demand that would dictate the price to go up and or use to experience profit.

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DeDordtenaar
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July 10, 2016, 02:43:59 PM
 #2477

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yeah more people are doing spending the demand for bitcoin also automatically enlarges it will make bitcoin prices pushed higher and the price will be high This will also help to process adoption indirectly because other traders may also receive payments with bitcoin. if the volume of bitcoin in the enlarged market


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hermanhs09
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July 10, 2016, 08:16:49 PM
 #2478

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yeah more people are doing spending the demand for bitcoin also automatically enlarges it will make bitcoin prices pushed higher and the price will be high This will also help to process adoption indirectly because other traders may also receive payments with bitcoin. if the volume of bitcoin in the enlarged market

that's why i dont like this scheme,because for now it looks too good for me.
It just seems that bitcoin cannot die,cannot fall big,it will constantly rise ,rise to the moon.

Washika
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July 11, 2016, 08:58:36 AM
 #2479

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yeah more people are doing spending the demand for bitcoin also automatically enlarges it will make bitcoin prices pushed higher and the price will be high This will also help to process adoption indirectly because other traders may also receive payments with bitcoin. if the volume of bitcoin in the enlarged market


I spend some bitcoin every year to buy something computer related parts to improve my gaming experience.
mandica
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July 11, 2016, 11:15:52 AM
 #2480

As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yeah more people are doing spending the demand for bitcoin also automatically enlarges it will make bitcoin prices pushed higher and the price will be high This will also help to process adoption indirectly because other traders may also receive payments with bitcoin. if the volume of bitcoin in the enlarged market


I spend some bitcoin every year to buy something computer related parts to improve my gaming experience.

That is very good action. By using the bitcoin you are encouraging the adoption of the bitcoin. It will become a currency.

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