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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 256541 times)
mirakal
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August 31, 2016, 03:11:34 AM
 #3121

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
 #3122

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
 #3123

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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August 31, 2016, 04:12:53 AM
 #3124

I'm only spend my bitcoin when I want to for example : when want to pay my college fee or monthly internet expense
Because of bitcoin, I can help my parent a little bit

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August 31, 2016, 05:32:53 AM
 #3125

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.

Spending bitcoins would really help to the  bitcoins  ecosystem  in able to develop more and  move its price as same as others said  but others are just holding  and waiting for  the price to increase so that they would make profits. Maybe its not bad to spend a little partitions of those  bitcoins that you have.

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August 31, 2016, 07:12:41 AM
 #3126

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.

We have our own ways on how to use it. I much prefer moving it. I dont know but I got this feeling that I needed to work. I dont want to be idle and because of that I make bitcoin move by buying altcoins then back to selling.

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August 31, 2016, 07:17:37 AM
 #3127

As the acceptance in physical and online stores were low in my locality, I prefer to save as much possible rather than spending. Only on emergency needs I cash out bitcoin and use it for my needs.

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August 31, 2016, 07:33:13 AM
 #3128

Off course am i spending bitcoins for sure because when you just hold them the price wont change anything you know if everyone is going to hold the bitcoin wont change in positive ways that is what i know.
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August 31, 2016, 07:48:00 AM
 #3129

I voted no, I don't spend the majority of mine just in a few rare cases of wanting to order something. I like to stack my bitcoins and wait it out to see what future brings.
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August 31, 2016, 11:17:58 AM
 #3130

I have been spending my bitcoins since I needed them the most...
I mean when my mother was in hospital, bitcoins only helped me against fiat in order from getting her medicines to her surgery...
She's all fine and I am happy that I came into this great world of bitcoins...

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August 31, 2016, 11:21:21 AM
 #3131

Yes i have been spending them quite active this year, i have been collecting bitcoin since a year ago, so i guess its the time i enjoy my hardwork, most of the time i spend it on games and gambling, after i realize how useful is bitcoin i have gained my spirit to work even harder to make more bitcoin

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August 31, 2016, 12:16:55 PM
 #3132

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.
Yup you are right here, anyone uses their bitcoin for something and for some purposes only , where they can use it as a currency to do some activities like trading , investment , or gambling where they can make profit but some companies are using bitcoin now some investors too are using bitcoin and spending bitcoin to gain more profit

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August 31, 2016, 12:22:22 PM
 #3133

Yes i have been spending them quite active this year, i have been collecting bitcoin since a year ago, so i guess its the time i enjoy my hardwork, most of the time i spend it on games and gambling, after i realize how useful is bitcoin i have gained my spirit to work even harder to make more bitcoin

Its better if you spend them on trading instead of gambling, as in gambling you will surely loose in long run but trading gives you an helping hand to increase the number of your coins.
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August 31, 2016, 12:23:06 PM
 #3134

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.
Yup you are right here, anyone uses their bitcoin for something and for some purposes only , where they can use it as a currency to do some activities like trading , investment , or gambling where they can make profit but some companies are using bitcoin now some investors too are using bitcoin and spending bitcoin to gain more profit
Well, not in all cases because it does not mean that when you are using bitcoin you will automatically make profit, that depends on the timing and there is a right timing for buying and selling your bitcoin to maximize your income.

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August 31, 2016, 12:58:43 PM
 #3135

I'm only spend my bitcoin when I want to for example : when want to pay my college fee or monthly internet expense
Because of bitcoin, I can help my parent a little bit

do you pay directly bitcoin to your college for paying your fees?
I don't think that it will be accepted in any college until the government approve it as a currency for their country?

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August 31, 2016, 01:09:29 PM
 #3136

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.
Yup you are right here, anyone uses their bitcoin for something and for some purposes only , where they can use it as a currency to do some activities like trading , investment , or gambling where they can make profit but some companies are using bitcoin now some investors too are using bitcoin and spending bitcoin to gain more profit
Well, not in all cases because it does not mean that when you are using bitcoin you will automatically make profit, that depends on the timing and there is a right timing for buying and selling your bitcoin to maximize your income.

Its hard to judge what is the right time to buy or sell, and its not in control of anyone, so if you are satisfied with the price then you can buy it and you very well know when to sell it.
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August 31, 2016, 03:59:22 PM
 #3137

I'm only spend my bitcoin when I want to for example : when want to pay my college fee or monthly internet expense
Because of bitcoin, I can help my parent a little bit
im not spending any of my bitcoins right now too, i think that it will allow me to make some decent money so im just holding it all now

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August 31, 2016, 04:03:22 PM
 #3138

I'm only spend my bitcoin when I want to for example : when want to pay my college fee or monthly internet expense
Because of bitcoin, I can help my parent a little bit
im not spending any of my bitcoins right now too, i think that it will allow me to make some decent money so im just holding it all now

If you don't have high volume of coins then its better to hold them, as price is not too high so it will not give you better benefits if you spend them right now.
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August 31, 2016, 04:40:01 PM
 #3139

I do not spend it actively, to be honest. I think that spending the coins now is just not very smart, due to the fact that bitcoin has a lot more to offer in the near future.
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August 31, 2016, 04:42:20 PM
 #3140

I do not spend it actively, to be honest. I think that spending the coins now is just not very smart, due to the fact that bitcoin has a lot more to offer in the near future.

Yeah its better to hold them for the future, price is good at a moment but not the best one which can benefit us, so holding them and selling them when price goes higher would be more profitable.
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