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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)
eddyubachs
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July 24, 2016, 11:21:14 AM
 #2681

I am spending it sometimes online but majority of coins I am saving it for future as its an investment for me and I want to earn good profits from it.
ebookscreator
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July 24, 2016, 11:48:26 AM
 #2682

In the last two years, I have spent quite a few bitcoin to buy the mining equipment to get more bitcoins.
where did you buy mining tools? is it the sites accept payment with bitcoin? I rarely buy expensive items using bitcoin I just buy something
cheap and are required as a top up my phone. I do not need to go out of the house to buy. I could buy it using bitcoin in the house

Many people here before are selling mining tools you can buy it either bitcoin or paypal or western union.. also you can buy in amazon.. bitcoin popular past 2 years because of fast movement of the price bitcoin is popular fast.

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July 24, 2016, 11:56:07 AM
 #2683

Not really. I am spending my bitcoins for loading up my mobile phone.
Since I am only earning few cents now.

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July 24, 2016, 12:03:08 PM
 #2684

Only if i need to buy something using bitcoins. I dont spend my bitcoins in not so important things or goods. I spend bitcoins twice a week.
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July 24, 2016, 12:06:03 PM
 #2685

I started spending the interests I received from my loans!

I invest most of the time ut I finally understood that if you only invest, you got nothing but shady imaginary investments, not money ^^
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July 24, 2016, 12:27:35 PM
 #2686

I spend it frequently on recharging my cell phone or to get skype credit and I also save some of them for future to earn good profits from it.
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July 24, 2016, 12:32:06 PM
 #2687

I spend it frequently on recharging my cell phone or to get skype credit and I also save some of them for future to earn good profits from it.
That is the best thing to do, we should only spend an amount of bitcoin that we need and the rest should be keep as savings and invest it in the future. We need to believe that the price now is undervalued and will eventually rise in the future. Patience is virtues as what they say so we need to follow it.

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July 24, 2016, 12:35:59 PM
 #2688

I spend it frequently on recharging my cell phone or to get skype credit and I also save some of them for future to earn good profits from it.
That is the best thing to do, we should only spend an amount of bitcoin that we need and the rest should be keep as savings and invest it in the future. We need to believe that the price now is undervalued and will eventually rise in the future. Patience is virtues as what they say so we need to follow it.

The only thing that prevent it from happening is that there isnt really that much of things that could be purchase with bitcoin right now. Apart from cell phone top up and few other unimportant things, there isnt almost anything so this problem is the one that prevent us currently
boyptc
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July 24, 2016, 12:38:24 PM
 #2689

Only if i need to buy something using bitcoins. I dont spend my bitcoins in not so important things or goods. I spend bitcoins twice a week.

Well we really need to consider on how are we going to use bitcoins spending. If you are into trading for sure you are only going to use it for sometime. And as of today I stopped using bitcoins actively. Because I'm still hoping for the price increase first before spending it actively.
And if that happens I'm going to spend actively again.

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July 24, 2016, 01:48:48 PM
 #2690

Only if i need to buy something using bitcoins. I dont spend my bitcoins in not so important things or goods. I spend bitcoins twice a week.

Well we really need to consider on how are we going to use bitcoins spending. If you are into trading for sure you are only going to use it for sometime. And as of today I stopped using bitcoins actively. Because I'm still hoping for the price increase first before spending it actively.
And if that happens I'm going to spend actively again.
Because we believe that bitcoin will be huge in the future so we need to save our money and don't spend it yet if there is no increase brought by the possible halving effect. Savings is very important as of this moment and we can only achieve that if we are a real believer of the future of bitcoin.

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July 24, 2016, 02:06:48 PM
 #2691

Only if i need to buy something using bitcoins. I dont spend my bitcoins in not so important things or goods. I spend bitcoins twice a week.

Well we really need to consider on how are we going to use bitcoins spending. If you are into trading for sure you are only going to use it for sometime. And as of today I stopped using bitcoins actively. Because I'm still hoping for the price increase first before spending it actively.
And if that happens I'm going to spend actively again.
Because we believe that bitcoin will be huge in the future so we need to save our money and don't spend it yet if there is no increase brought by the possible halving effect. Savings is very important as of this moment and we can only achieve that if we are a real believer of the future of bitcoin.

Yes we need to have faith in bitcoin and we also know that it will achieve new milestones in future so to earn more from it we should save our coins for future.
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July 24, 2016, 04:54:05 PM
 #2692

actually we are facing so many problems while using bitcoin directly. actually we have no such shops here who accept bitcoin there fore we only keep the for price increase and when feel the need the change it in to fiat currency and then use it for fulfilling our needs.
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July 24, 2016, 10:14:54 PM
Last edit: July 25, 2016, 05:35:16 AM by Klima
 #2693

I know that today there is a possibility, but as long as it did.
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July 24, 2016, 10:15:45 PM
 #2694

Spend it all the time betting LOL

My Legacy #NoPaidSig BTC: 14EQ2GvKbfkwU8JZ8PdWoAqDUWByzRAn4E
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July 24, 2016, 10:17:30 PM
 #2695

nah i dont spend it in my opinion it is better to hold it as an investment
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July 24, 2016, 11:11:28 PM
 #2696

It would be great to use my bitcoins actively but i don't have an opportunity, i am living in city where you can't use your bitcoins anywhere, it is a pity.

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July 25, 2016, 12:59:48 AM
 #2697

Only if i need to buy something using bitcoins. I dont spend my bitcoins in not so important things or goods. I spend bitcoins twice a week.

Well we really need to consider on how are we going to use bitcoins spending. If you are into trading for sure you are only going to use it for sometime. And as of today I stopped using bitcoins actively. Because I'm still hoping for the price increase first before spending it actively.
And if that happens I'm going to spend actively again.
Because we believe that bitcoin will be huge in the future so we need to save our money and don't spend it yet if there is no increase brought by the possible halving effect. Savings is very important as of this moment and we can only achieve that if we are a real believer of the future of bitcoin.

Yes we need to have faith in bitcoin and we also know that it will achieve new milestones in future so to earn more from it we should save our coins for future.
You faith should also be controlled because we cannot put all our investment in bitcoin alone as we can never see what will happen in the future. We should know how to diversify and make sure the investment we put in the amount we can afford.

Spending actively is not good when you are spending is bitcoins, just save it and instead use fiat when spending and bitcoin when investing.
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July 25, 2016, 01:25:42 AM
 #2698

nah i dont spend it in my opinion it is better to hold it as an investment

Well that's really a good thing that you are going hold it as an investment. But if you really need bitcoins for spending it actively. But if you are going to hold it make sure that you are really willing to wait until the price is going to increase in no time. Because as of today, bitcoins' price is very slow in motion.

 
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July 25, 2016, 03:25:14 AM
 #2699

nah i dont spend it in my opinion it is better to hold it as an investment

Well that's really a good thing that you are going hold it as an investment. But if you really need bitcoins for spending it actively. But if you are going to hold it make sure that you are really willing to wait until the price is going to increase in no time. Because as of today, bitcoins' price is very slow in motion.
Hold your bitcoins if you really don't need it and only spend what is necessary for your daily expenses and prevent spending on your wants like new gadgets because overtime it will just depreciate while in bitcoin it will appreciate overtime.

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bamboylee
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July 25, 2016, 03:38:27 AM
 #2700

For now I'd rather hold my bitcoin than spend it. Right now bitcoin value is high, so it's better not spend it often. Maybe in future, bitcoin might grower and the price rise up. So, I would feel regretful if I spend bitcoin.

Me either , I'm not spending actively with my bitcoins I'm still hoping for the price increase before I'm going to spend it. I'm just thinking about the profit that I can get with bitcoin for today, and after that maybe that is the right time to spend it when the price is going to be higher.

That is a good plan. But if everyone of us stops spending bitcoin then it will be stagnant. And that scenario will have a negative effect on the stability of bitcoin. Bitcoin price will halt and may go down. It is best if we still spend some of our coins and reserve majority for holding as an investment.
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