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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)
dinda22
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August 30, 2016, 08:00:28 AM
 #3101

I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.

yes you are right, I think everyone who uses bitcoin they would spend it. because bitcoin is not only as an investment, but as the currency as well. because there are some stores that accept bitcoin as a payment.
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August 30, 2016, 08:35:49 AM
 #3102

In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
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August 30, 2016, 08:45:06 AM
 #3103

I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.

yes you are right, I think everyone who uses bitcoin they would spend it. because bitcoin is not only as an investment, but as the currency as well. because there are some stores that accept bitcoin as a payment.

I am also into spending it than keeping it as my intention is to have an extra or another source of income.  And just like you have mentioned bitcoin was made as currency and should of course be spent.  I uses it for simple things that were needed for our daily lives.  If ever I have an opportunity like having an extra amount of bitcoin then I would just keep it and wait for its price to goes up.  We know what bitcoin can do.
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August 30, 2016, 09:33:03 AM
 #3104

I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.

yes you are right, I think everyone who uses bitcoin they would spend it. because bitcoin is not only as an investment, but as the currency as well. because there are some stores that accept bitcoin as a payment.

I am also into spending it than keeping it as my intention is to have an extra or another source of income.  And just like you have mentioned bitcoin was made as currency and should of course be spent.  I uses it for simple things that were needed for our daily lives.  If ever I have an opportunity like having an extra amount of bitcoin then I would just keep it and wait for its price to goes up.  We know what bitcoin can do.
We can do that if we believe in the future of bitcoin, currently we are earning and we have our job and our side job to provide us the money but if all in our mind is just to spend our bitcoins we will not be able to save in the future and eventually will not benefit on the success of bitcoin.

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August 30, 2016, 09:44:59 AM
 #3105

I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.
Yes,  there is still someone who doesn't spend bitcoin even a single cents. I,  myself did not spend anything yet because I'm holding my bitcoin for the future. 

Because I do believe that bitcoin price will go higher in the next few months. 

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August 30, 2016, 09:53:51 AM
 #3106

I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.

yes you are right, I think everyone who uses bitcoin they would spend it. because bitcoin is not only as an investment, but as the currency as well. because there are some stores that accept bitcoin as a payment.
yeah although bitcoin can be used as a method of payment or as currency. but for now you can not use bitcoin as a currency in full facility dude ? because the adoption rate of bitcoin is low in community it makes very little merchants who use bitcoin as a payment option
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August 30, 2016, 10:04:20 AM
 #3107

i usually buy electric token with bitcoin in site named tokobitcoin and that site is place where i am spend my bitcoins
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August 30, 2016, 10:06:53 AM
 #3108

More often than spending, I do convert it to fiat once in a while. I can't seem to control my expenses these last few weeks and there seems to be something that needs to spend upon that is why I am slowly converting some of my bitcoins, even at a price that is much lower compared to when I could have converted about two months ago.
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August 30, 2016, 10:14:03 AM
 #3109

No, I don't actively spend my coins. When I receive BTC I just hold half of it in my wallet and the other half I add it in my trading capital. There's not much of shops or stores that accept bitcoin anyway so I will just hold it for now. If there are unexpected expenses that I need to pay and my available fiat currency is not enough then maybe I can spend my bitcoin by converting it to fiat but in the mean time I just store it in my wallet.

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August 30, 2016, 03:20:28 PM
 #3110

No, I don't actively spend my coins. When I receive BTC I just hold half of it in my wallet and the other half I add it in my trading capital. There's not much of shops or stores that accept bitcoin anyway so I will just hold it for now. If there are unexpected expenses that I need to pay and my available fiat currency is not enough then maybe I can spend my bitcoin by converting it to fiat but in the mean time I just store it in my wallet.

That is exactly the case with me too, i earn bitcoins and store them or use them for trading altcoins and sometimes use some of them for recharging my phone, because i do not see any place for spending my coins nor i need anything right now so just accumulating them to use them for something i may need in future.
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August 30, 2016, 03:21:43 PM
 #3111

Nope, and i am not sure that many people actively spending bitcoins, cause we just have no good opportunity to spend it, so just online shopping, very rare.

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August 30, 2016, 04:54:36 PM
 #3112

In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
you are right so i dont spend any of my bitcoins at the moment, i think that it will allow me to make some decent income
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August 30, 2016, 10:46:38 PM
 #3113

In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.

Yeah, we should have to wait for some more time so that the price increase much more , spending in this time is just losing the upcoming profit which will be achieved when the price of bitcoin will rise much higher in the coming months.
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August 30, 2016, 10:49:14 PM
 #3114

In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
you are right so i dont spend any of my bitcoins at the moment, i think that it will allow me to make some decent income

the price is not guaranteed to rise soon so you do not know for sure are you smart by waiting or the price may go down again in the next days ! if you think in this way you will keep waiting all time without spending.
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August 30, 2016, 11:45:09 PM
 #3115

In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
yes in fact that is the right way of using bitcoin, i my self not going to sell or use my bitcoin in present time because the price of bitcoin is really very low from its expected price there i am going to sell it and to wait for its price increase and after that if i felt the need to use it then first i will convert it in to my local currency and then will use it in market.
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August 31, 2016, 12:04:00 AM
 #3116

I did once, just for yucks.  I wouldn't do it again, but not because I had a bad experience.  I didn't.  I just don't see the reason to buy things denominated in dollars with anything but dollars.  It's an unnecessary extra step, and I like HODLING my bitcoin.  I know others feel the same.

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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August 31, 2016, 01:51:50 AM
 #3117

I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
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August 31, 2016, 03:11:34 AM
 #3118

I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
So you are a trader in short say, most of the people are also doing that but there are still many people who tend to spend their bitcoins that treating it as an investment, gamblers do spend most of the time and I am one of them because I want to gamble regularly.

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August 31, 2016, 03:44:49 AM
 #3119

Spending our bitcoins actively will help the economy of the bitcoin to increase its market circulation, every individual has its different goal in life and not all are really interested so it is fine to spend and do not invest at all.

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August 31, 2016, 04:07:27 AM
 #3120

Spending our bitcoins actively will help the economy of the bitcoin to increase its market circulation, every individual has its different goal in life and not all are really interested so it is fine to spend and do not invest at all.

Yes that is really needed for the adoption of bitcoin so that the price of bitcoin is going to increase. Because if we are not going to spend actively bitcoin then there is no movement of price at all. And I am doing it, I am spending bitcoins actively and monthly I am using it for paying my internet bills so I am very convenient using it.

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