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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 256547 times)
Positid
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August 03, 2016, 12:12:06 PM
 #2781

This couple of months past i always spend my bitcoin by exchanging into fiat because my salary is not enough to compensate the needs of my family but next month i want to save bitcoin again for my future expenses.

I also saved some bitcoins for future. but bitcoin price is getting dropped so badly. yesterday bitcoin price was 600+ USD. and now I noticed the price is dropped to 550$. this is making me afraid to safe bitcoin for future. I think we should redeem bitcoins and save our money into real fiat.
Not a good time to exchange our bitcoins now for fiat because you will only get a lesser value, if your trust with bitcoins is that strong you will not easily get panic with what is currently happening now, you should be calm and think more about the future and be optimistic that the price will be back to normal.

The bitcoin price is quite low at the moment. The price is just $500. A few months ago, the price was $790.
Well, it is true and there is nothing wrong about that, it is just the normal scenario here in the crypto world as bitcoin is still young and volatile in nature, maybe you will be surprises when you wake up that the price will be at $800. Bitcoin is full of surprises, so we should live with it.

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August 03, 2016, 12:21:03 PM
 #2782

This couple of months past i always spend my bitcoin by exchanging into fiat because my salary is not enough to compensate the needs of my family but next month i want to save bitcoin again for my future expenses.

I also saved some bitcoins for future. but bitcoin price is getting dropped so badly. yesterday bitcoin price was 600+ USD. and now I noticed the price is dropped to 550$. this is making me afraid to safe bitcoin for future. I think we should redeem bitcoins and save our money into real fiat.
Not a good time to exchange our bitcoins now for fiat because you will only get a lesser value, if your trust with bitcoins is that strong you will not easily get panic with what is currently happening now, you should be calm and think more about the future and be optimistic that the price will be back to normal.

The bitcoin price is quite low at the moment. The price is just $500. A few months ago, the price was $790.

i think the rate will go down again before its up, but its all depend on the market and people, the more people trust in bitcoin, then the rate will go up than before.

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August 03, 2016, 12:44:05 PM
 #2783

This couple of months past i always spend my bitcoin by exchanging into fiat because my salary is not enough to compensate the needs of my family but next month i want to save bitcoin again for my future expenses.

I also saved some bitcoins for future. but bitcoin price is getting dropped so badly. yesterday bitcoin price was 600+ USD. and now I noticed the price is dropped to 550$. this is making me afraid to safe bitcoin for future. I think we should redeem bitcoins and save our money into real fiat.
Not a good time to exchange our bitcoins now for fiat because you will only get a lesser value, if your trust with bitcoins is that strong you will not easily get panic with what is currently happening now, you should be calm and think more about the future and be optimistic that the price will be back to normal.

The bitcoin price is quite low at the moment. The price is just $500. A few months ago, the price was $790.

i think the rate will go down again before its up, but its all depend on the market and people, the more people trust in bitcoin, then the rate will go up than before.

I think the hacked coins from bitfinex are being sold it needs to be bought again to gain back its price. Just my opinion though.

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August 03, 2016, 12:55:48 PM
 #2784

   I don't spend my coins, I decided to keep them as long as I can, and just to earn and put on a side. I plan just to place bets from time to time, but with maximum 1 dollar per slip. I'm not good in gambling, I don't know nothing about trading so best option for me is saving and slowly growing my stash with daily tasks and signature campaigns.
   With this drop in price I hope faucets will give higher rewards per claim, nice chance for me to get some more satoshis.
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August 03, 2016, 03:34:20 PM
 #2785

Although I have both fiat and Bitcoin, I tend to spend the bitcoin when possible. That is to help the bitcoin.

i spend my bitcoin only for top up number phone, or maybe for pay electric fee, the small merchand in bitcoin is the main problem to people who want to spend his bitcoin, if the bitcoin debit card fee is cheap, im sure people will use the bitcoin debit card for daily usage.
i think you are a luck person, that you have an opportunity to use your bitcoin for so many purposes, my problem is that i am living in a hilly area where there is a very rare use of internet and computer, although from the government side there is no restruction about the use of bitcoin and yet the government has given no statement about it, but the problem is that here in my area most of the people have no interest in bitcoin actually they do hot know any thing about bitcoin, and yet they not ready to accept bitcoin in their shops, therefore we are unable to use bitcoin in our locla  bazar and shops, but still i am hopeful that in future when our people will know about the benifit of bitcoin they will start using it and will also accept bitcoin in their shops, and hope then we will be able to use bitcoin in our local shops.
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August 03, 2016, 03:55:09 PM
 #2786

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.

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August 03, 2016, 03:59:02 PM
 #2787

For now because of the price crash of bitcoin this is not time to spend your bitcoin instead its time to buy bitcoins right now because of the price value right now.. and i think the price of bitcoin right now will recover back in december this is just my speculation the same as 2015..


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August 03, 2016, 04:49:47 PM
 #2788

Do not laugh. Why there is no place to spend a bitcoin? Here's an example for Playboy cryptocurrency will provide access to their content. Payment in Bitcoin until there was only a subdomain plus.playboy.com and is not available to users on the official website of Playboy. But still in the front.
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August 03, 2016, 05:24:47 PM
 #2789

Although I have both fiat and Bitcoin, I tend to spend the bitcoin when possible. That is to help the bitcoin.

i spend my bitcoin only for top up number phone, or maybe for pay electric fee, the small merchand in bitcoin is the main problem to people who want to spend his bitcoin, if the bitcoin debit card fee is cheap, im sure people will use the bitcoin debit card for daily usage.
i think you are a luck person, that you have an opportunity to use your bitcoin for so many purposes, my problem is that i am living in a hilly area where there is a very rare use of internet and computer, although from the government side there is no restruction about the use of bitcoin and yet the government has given no statement about it, but the problem is that here in my area most of the people have no interest in bitcoin actually they do hot know any thing about bitcoin, and yet they not ready to accept bitcoin in their shops, therefore we are unable to use bitcoin in our locla  bazar and shops, but still i am hopeful that in future when our people will know about the benifit of bitcoin they will start using it and will also accept bitcoin in their shops, and hope then we will be able to use bitcoin in our local shops.

wow where you come from..? in my country bitcoin is not illegal, but bitcoin still not legal currency, it's just a internet money like gamecash no more, and goverment not touching bitcoin, and make a special regulation to set the distribution and using bitcoin.

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August 03, 2016, 05:50:30 PM
 #2790

i do not spend bitcoins but i just saw that the price of bitcoin is gradually decreases so i convert it first into usd.. i will buy again once the price of bitcoin is stable..

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August 03, 2016, 09:38:02 PM
 #2791

yes i spend my bitcoin in very less amount and remains bitcoin i hold for long term investment when bitcoin increase its to higher amount then i convert it to fiat for good profit .


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August 03, 2016, 10:42:10 PM
 #2792

For now because of the price crash of bitcoin this is not time to spend your bitcoin instead its time to buy bitcoins right now because of the price value right now.. and i think the price of bitcoin right now will recover back in december this is just my speculation the same as 2015..
yes that is also right that in present time the best option is to hold bitcoin because the price is  now very down from its original position therefore it is better to hold it instead of using it, on other side we cannot use bitcoin in physical form because there is not a sing shop available here in our area where peple are accepting bitcoin.
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August 03, 2016, 11:45:29 PM
 #2793

Yes, i am gambling very very often, i am not wasting so much bitcoins everyday, but i think it is named "actively spending", also i like to use bitcoins in steam.

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August 03, 2016, 11:48:01 PM
 #2794

No, it would be more interesting if there were more options.
adibe
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August 04, 2016, 01:16:58 AM
 #2795

Yes, i am gambling very very often, i am not wasting so much bitcoins everyday, but i think it is named "actively spending", also i like to use bitcoins in steam.

Yes, i also a gambler here and always spen my bitcoins on gambling and some for trading too. Almost everyday i spend my bitcoins. So yeah, i actively spend my bitcoins.
goinmerry
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August 04, 2016, 06:28:35 AM
 #2796

It would be wise to not use it for now. The price for dollar exchange is way too low I would rather keep it for now and wait for the larger exchange. I wont do any transactions for now.

agustina2
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August 04, 2016, 01:54:53 PM
 #2797

It would be wise to not use it for now. The price for dollar exchange is way too low I would rather keep it for now and wait for the larger exchange. I wont do any transactions for now.

After such a price decrease, it's best to consider to not spend any coins at the moment "unless" you need to do so.

Price decrease that happened this year only last for short days or weeks since people are bagging coins to the price that can considered as "peak" of the price dip.
Positid
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I will join....


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August 04, 2016, 02:28:46 PM
 #2798

It would be wise to not use it for now. The price for dollar exchange is way too low I would rather keep it for now and wait for the larger exchange. I wont do any transactions for now.

After such a price decrease, it's best to consider to not spend any coins at the moment "unless" you need to do so.

Price decrease that happened this year only last for short days or weeks since people are bagging coins to the price that can considered as "peak" of the price dip.
That's true, we only spend when the price is high so we have a greater value of our bitcoins and when the price is low we also consider that as an opportunity to buy bitcoins. I do usually spend my bitcoins last money because I believe I am getting better value of my bitcoins but I am not really a full time spender as I also have a little investment.

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Doamader
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August 04, 2016, 10:16:08 PM
 #2799

It would be wise to not use it for now. The price for dollar exchange is way too low I would rather keep it for now and wait for the larger exchange. I wont do any transactions for now.

After such a price decrease, it's best to consider to not spend any coins at the moment "unless" you need to do so.

Price decrease that happened this year only last for short days or weeks since people are bagging coins to the price that can considered as "peak" of the price dip.
I will be honest i had some coins at my wallets, i had joined all and i had some good ammount, with it i had funded the new project, that should be ready on the next 10 days. I dont remember to had over 0,10btc at my wallets for a long time, soo it may be a problem, but i believe the interest of people at bitcoin is changing.
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August 04, 2016, 10:18:33 PM
 #2800

I use bitcoin to buy altcoins, then I keep the altcoins as an investment as they have a much better chance of going up medium term.

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