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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 257620 times)
fkvidar
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August 06, 2016, 02:03:58 PM
 #2821

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
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August 06, 2016, 02:21:04 PM
 #2822

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 .
well it might be a really great idea right now to invest your fiat into bitcoins because in this way you can make big money, i will not be selling until we go to a new all time high
It is a good move as it is very timely since the price is starting to rally up, if you could wait until this year alone, we might witness an all time high in terms of the price of bitcoin, believe me it will happen so we just have to be very patient for our investment, we have to proud of our self as we did not get into the trap to drop our bitcoins.

I do not think the price will start to rise soon. The price of bitcoin show stay at the current level for some time.

Price is rising slowly at a moment but we cannot expect major pump at this stage and slow and steady rise is always better in compare to major pump.

The price of bitcoin will rise very slowly in the near future. Investors have yet to recover from the hack.

well, we should hope for the best for the future. but honestly it is not easy for bitcoin to rise again at this point. the hackers attacking bitcoin so badly. two big exchanges were got hacked and bitcoin price is getting drop instead of growing.
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August 06, 2016, 02:45:37 PM
 #2823

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
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August 06, 2016, 02:53:21 PM
 #2824

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.

Yes if you are not able to spend it directly then you always have an choice of selling it and converting it to fiat currency and then can spend anywhere you want.
Bit1334271
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August 06, 2016, 04:32:40 PM
 #2825

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.

Yes if you are not able to spend it directly then you always have an choice of selling it and converting it to fiat currency and then can spend anywhere you want.
I am also doing same gaining bitcoins then translating in dollars and local currency then using for most of my requirements because currently I have no option to use this other then gambling or exchanging
SmirnoffVany
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August 06, 2016, 04:35:42 PM
 #2826

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.

Yes if you are not able to spend it directly then you always have an choice of selling it and converting it to fiat currency and then can spend anywhere you want.
I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.

Yes if you are not able to spend it directly then you always have an choice of selling it and converting it to fiat currency and then can spend anywhere you want.
You can certainly try and invest a certain amount of bitcoin in the case, but only a part, and the other is already translated into other currencies.
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August 06, 2016, 06:59:48 PM
 #2827

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.

Yes if you are not able to spend it directly then you always have an choice of selling it and converting it to fiat currency and then can spend anywhere you want.
I am also doing same gaining bitcoins then translating in dollars and local currency then using for most of my requirements because currently I have no option to use this other then gambling or exchanging

Yup almost all users are facing the same problem as we don't find physical place to use bitcoin directly but I am sure scenario will change in future for sure.
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August 06, 2016, 08:37:40 PM
 #2828

It's very hard to spend coins actively when you living in country without this opportunity, sure i can use it for online shopping but i am not interested on it.

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August 06, 2016, 11:10:44 PM
 #2829

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
you can do that easily though that wouldnt be spending bitcoins, it would be just using fiat, i dont spend my bitcoins at the moment because it is my investment for future

 
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August 06, 2016, 11:18:51 PM
 #2830

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
you can do that easily though that wouldnt be spending bitcoins, it would be just using fiat, i dont spend my bitcoins at the moment because it is my investment for future

Yup maximum number of users are not spending their coins hoping that price will be much better in future and that is the reason they prefer to hold their coins.

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August 06, 2016, 11:30:16 PM
 #2831

Although many people do not spend, there is a potential market for it.
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August 06, 2016, 11:48:10 PM
 #2832

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
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August 07, 2016, 03:24:17 AM
 #2833

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there

Yeah you can always use an gift card to buy anything but I am really waiting for the day when amazon starts accepting bitcoin directly and once its done it will be an big achievement for bitcoin.


 
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mandica
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August 07, 2016, 12:37:38 PM
 #2834

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there

Yeah you can always use an gift card to buy anything but I am really waiting for the day when amazon starts accepting bitcoin directly and once its done it will be an big achievement for bitcoin.

In a year or two, the Amazon will start accepting the bitcoin directly. It is just observing and waiting now.
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August 07, 2016, 12:40:44 PM
 #2835

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there

Yeah you can always use an gift card to buy anything but I am really waiting for the day when amazon starts accepting bitcoin directly and once its done it will be an big achievement for bitcoin.

In a year or two, the Amazon will start accepting the bitcoin directly. It is just observing and waiting now.

If Amazon starts accepting bitcoin then it will be an big achievement and it will also help bitcoin to get more popular as Amazon holds maximum user traffic so bitcoin will reach to many more new people.

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August 07, 2016, 12:58:47 PM
 #2836

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
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August 07, 2016, 01:04:14 PM
 #2837

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there

Yeah you can always use an gift card to buy anything but I am really waiting for the day when amazon starts accepting bitcoin directly and once its done it will be an big achievement for bitcoin.

In a year or two, the Amazon will start accepting the bitcoin directly. It is just observing and waiting now.

If Amazon starts accepting bitcoin then it will be an big achievement and it will also help bitcoin to get more popular as Amazon holds maximum user traffic so bitcoin will reach to many more new people.

Amazon researches every step they do very thoroughly. They know very well that if they do happen to start accepting Bitcoin, that every block will be filled till the max, having as result that a lot other transactions that are waiting for their first confirmation will pile up. We first need to have larger blocks before such a large merchant even considers accepting Bitcoin as payment option. Bitcoin isn't ready for it yet.
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August 07, 2016, 01:36:12 PM
 #2838

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Definitely, because it is more as investment rather than a currency, right now we are in the investment stage and we should put a considerable amount of money to take part of the bright future, this is our only chance to ride with the success with bitcoins so we need to also consider minimizing our expenses to maximize our investment.

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August 07, 2016, 01:44:48 PM
 #2839

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Definitely, because it is more as investment rather than a currency, right now we are in the investment stage and we should put a considerable amount of money to take part of the bright future, this is our only chance to ride with the success with bitcoins so we need to also consider minimizing our expenses to maximize our investment.

To see bitcoin as a better currency in future we should use it as a currency and not as an investment as if no one will spend bitcoins then the price will never increase.
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August 07, 2016, 01:59:41 PM
 #2840

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..
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