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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 257621 times)
BitcoinPC
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August 12, 2016, 10:31:06 AM
 #2901

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   
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August 12, 2016, 11:39:07 AM
 #2902

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   

It will be solved if the price become stable which is far from happening since many are taking this currency as an investment. Big merchants don't like the idea of having such accepting a currency that really have a big fluctuations.
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August 12, 2016, 01:02:20 PM
 #2903

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   

It will be solved if the price become stable which is far from happening since many are taking this currency as an investment. Big merchants don't like the idea of having such accepting a currency that really have a big fluctuations.

Well there are different kinds of merchants, there are some that as they are accepting bitcoin as also a form of trading for accepting it as the payment of their customers or client. And if you are going to spend actively with bitcoin you are helping the bitcoin economy to adopt the bitcoin in the world.
And that is going to result for many stores are going to accept bitcoin in the future.

 
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machinek20
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August 12, 2016, 01:15:42 PM
 #2904

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard
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August 12, 2016, 01:23:19 PM
 #2905

Yes I do. My bitcoins do not stay more than two weeks in my wallet before they get spent somewhere.
Shibashi Dogemoto
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August 12, 2016, 02:09:14 PM
 #2906

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard

Most of the users are spending their coins on gambling, but it would be smart if we don't spend our coins in gambling and save it for the future to earn better benefits.
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August 12, 2016, 02:12:50 PM
 #2907

Yes I do. My bitcoins do not stay more than two weeks in my wallet before they get spent somewhere.
of course i actively spend my bitcoins either, in my opinion the bitcoin was invented in order to be used so im using it just as a currency now
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August 12, 2016, 02:22:22 PM
 #2908

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   

It will be solved if the price become stable which is far from happening since many are taking this currency as an investment. Big merchants don't like the idea of having such accepting a currency that really have a big fluctuations.

Well there are different kinds of merchants, there are some that as they are accepting bitcoin as also a form of trading for accepting it as the payment of their customers or client. And if you are going to spend actively with bitcoin you are helping the bitcoin economy to adopt the bitcoin in the world.
And that is going to result for many stores are going to accept bitcoin in the future.

You are not getting the picture. Of course there is a merchant that deals with bitcoin transactions only because their main line is bitcoin so they are not worry to the price fluctuations because like I said they are dealing with bitcoin.

Those "BIG" merchants are having hard time to accept bitcoin because the higher the price of bitcoin, the greater the price fluctuations.
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August 12, 2016, 02:29:15 PM
 #2909

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   
We have same scenario, in our country it cant be spend in regular stores because they dont even know what bitcoin is as you can see most people dont know about bitcoin yet. i can only spend it through loading my phone and paying my bills, good thing our local wallet has feature like that.
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August 12, 2016, 02:30:37 PM
 #2910


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.

If I'd be a big miner and Bitcoin would be one of my main incomes I may spend. But no, I am not in that category.
Honest merchants have to pay taxes in their own country, so I don't see why would they go for Bitcoin only.
More "shady" businesses, especially porn or gambling related, could go for Bitcoin only, but imho that would be a sign they may avoid taxes, for example.

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August 12, 2016, 02:46:22 PM
 #2911

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard
That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.

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torrentheaven
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August 12, 2016, 02:51:42 PM
 #2912

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard
That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.



If you want to make good profits from bitcoin then try to collect as much as coins at a moment and save it for the future to earn more profits from it.
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August 12, 2016, 04:53:53 PM
 #2913

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard
That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.

If you want to make good profits from bitcoin then try to collect as much as coins at a moment and save it for the future to earn more profits from it.

I bought some bitcoin in the middle of last year. Since then I have spent some to buy mining equipment and mine more bitcoins.
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August 12, 2016, 05:09:20 PM
 #2914

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

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BitcoinPC
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August 12, 2016, 05:34:34 PM
 #2915

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.   
We have same scenario, in our country it cant be spend in regular stores because they dont even know what bitcoin is as you can see most people dont know about bitcoin yet. i can only spend it through loading my phone and paying my bills, good thing our local wallet has feature like that.

Only one reason behind it, when our government introduce the bitcoin in country,than definitely we could be used it in any stores and in anywhere, also in that time, it doesn't take matter, that people know about bitcoin or not, because main thing is that our government not want to accept it, even i know my country's merchants know that bitcoin has a big business in it. 
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August 12, 2016, 05:40:42 PM
 #2916

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

Yeah this is not the best time to sell as price is not at higher level but it will be much higher in future so its better to hold it for next couple of years.


 
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August 12, 2016, 05:47:24 PM
 #2917

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.
Spend your bitcoin can of course on different types of services offered by the Internet, and of course to play at the casino is also possible. But this is a very wrong decision, because judging by the numerous conversations and analysis, the price of bitcoin can reach the level of 1k end of the year, and perhaps even more. So you want to save your bitcoin until that time.
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August 13, 2016, 02:25:11 AM
 #2918

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

Yeah this is not the best time to sell as price is not at higher level but it will be much higher in future so its better to hold it for next couple of years.
Spending is good if we are a discipline spender, we only spend for the things that we really need to buy because if not there will be no chance we can save our bitcoins, we need to believe that the coins we are holding will give us a fortune in the future so we need to be patient and hold our coins instead of spending it.
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August 13, 2016, 02:31:52 AM
 #2919

the people I know who spend them are always complaianing that they should have saved them. so no i don't i know its not good for the economy but I promise that ill be great for the economy when I'm rich
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August 13, 2016, 03:40:16 AM
 #2920

Using Shit makes it easier to spend BTC. I don't personally enjoy doing it, however it can be useful Wink
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