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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)
Zooplus
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September 08, 2016, 01:35:50 PM
 #3261

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.

Yup and if we are earning or investing in bitcoins only because we can spend someday, as only keeping them unused in wallet will make bitcoin as a weaker currency in future.
Exactly, but even if we hold we still cannot beat those adopters who are spending, the volume of spender is way more bigger compared to the investors who are holding so that would not matter at all, just continue to hold for your future and let the others spend their bitcoins.

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September 08, 2016, 01:39:39 PM
 #3262

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.

Yup and if we are earning or investing in bitcoins only because we can spend someday, as only keeping them unused in wallet will make bitcoin as a weaker currency in future.
Exactly, but even if we hold we still cannot beat those adopters who are spending, the volume of spender is way more bigger compared to the investors who are holding so that would not matter at all, just continue to hold for your future and let the others spend their bitcoins.

Everyone basically wants to benefit from what they do, so if there are people who spend most of the bitcoin then that is their right. I never thought like what you say. Just enjoy what we get and find profit in it was something fun

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September 08, 2016, 01:41:39 PM
 #3263

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

True, spending bitcoin is not good since its better to save up bitcoin for the future investments so that you would be profitable in the long run but you cant  avoid  sometimes that you would able to use  your bitcoin because of some circumstances.

You can spend them in case of any emergency but you should sell only that amount that you require as saving most of them can be more profitable in future so that you can sell when price goes higher.

Unexpected circumstances would cause for you to spend you savings  which is somewhat helpful but as you said  you must not spent all those saving and you must limit it for you to have  spare money in future use.  Spending bitcoin is not bad at all.

Yup and if we are earning or investing in bitcoins only because we can spend someday, as only keeping them unused in wallet will make bitcoin as a weaker currency in future.
Exactly, but even if we hold we still cannot beat those adopters who are spending, the volume of spender is way more bigger compared to the investors who are holding so that would not matter at all, just continue to hold for your future and let the others spend their bitcoins.

Everyone basically wants to benefit from what they do, so if there are people who spend most of the bitcoin then that is their right. I never thought like what you say. Just enjoy what we get and find profit in it was something fun

Yes its our money we can do whatever we want to, if we find convenient to spend them then we should go for it and if its an investment for you then hold some of them for future.

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September 08, 2016, 01:48:36 PM
 #3264

When I have enough Bitcoins, I spend them. It's much easier since I have Bitcoin debit card, I don't have to think anymore where Bitcoin is accepted or not. And I also think that is not very good just to hold Bitcoins without spending or investing them. It is made for spending, right?  Grin

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danherbias07
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September 08, 2016, 02:10:32 PM
 #3265

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

You mean a waste? But it is not a waste. We also need to spend for a good circulation. Though it is your own opinion and decision. I cant force in what you want. But if we all just keep it then I know it will not move.

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September 08, 2016, 02:15:29 PM
 #3266

I miss my favorite shops accepting bitcoin. Also i am just new so I don't got a lot of bitcoin.
So no I am not using it.
I never spend any Bitcoin because I think that I can make allot of money with them in the future, so spending them is really a waist.
Maybe in the future when there are better things to buy with Bitcoins I will spend some.

You mean a waste? But it is not a waste. We also need to spend for a good circulation. Though it is your own opinion and decision. I cant force in what you want. But if we all just keep it then I know it will not move.

Spending bitcoin is necessary to make bitcoin more stronger currency in future and it cannot be done without circulating it, and its surely not a waste to spend them as its also a money like fiat.
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September 08, 2016, 06:07:07 PM
 #3267

When I have enough Bitcoins, I spend them. It's much easier since I have Bitcoin debit card, I don't have to think anymore where Bitcoin is accepted or not. And I also think that is not very good just to hold Bitcoins without spending or investing them. It is made for spending, right?  Grin
i usually spend my bitcoins all the time to be honest if i have it because i really like spending my money right now to be honest especially bitcoins

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September 08, 2016, 06:08:58 PM
 #3268

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
the same for me, to be honest i pay only online with bitcoins and nowhere else though it is not that bad in my opinion

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September 08, 2016, 06:32:56 PM
 #3269

No not for some time due to my education pressure but i am an good and frequant trader i love to make profit and to do that i always have to maintain the demand and supply of what i had and what i get

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September 08, 2016, 06:39:42 PM
 #3270

i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
the same for me, to be honest i pay only online with bitcoins and nowhere else though it is not that bad in my opinion
Same here i just use some of my bitcoins to funds some advertisement and buying some vpn and also for domain and hosting its very useful one with bitcoin.. to start my own business online or study the marketing one in online using bitcoin..


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September 08, 2016, 06:48:17 PM
 #3271

no i do not spend my bitcoin actively i save my bitcoin in some amount for the future because bitcoin will be more increasing its price too much faster and there is maximum people are holding their bitcoin for the future .
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September 09, 2016, 02:39:45 AM
 #3272

I actively spend my bitcoins on digital items. I spend my bitcoins at a variety of place such as steam, gyft, purse.io, etc. I hope that more people will start to adopt bitcoin since that would mean that I can spend bitcoins at even more places.
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September 09, 2016, 01:17:40 PM
 #3273

I actively spend my bitcoins on digital items. I spend my bitcoins at a variety of place such as steam, gyft, purse.io, etc. I hope that more people will start to adopt bitcoin since that would mean that I can spend bitcoins at even more places.

Well if that additional people will use bitcoin more as a currency more than investment then expect a good output for this coin in terms of services and usages.

Time will tell since those people that will use bitcoin more than in an investment will eventually know that this currency is also good when it use as a currency.


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Corenin
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September 09, 2016, 01:20:42 PM
 #3274

I actively spend my bitcoins on digital items. I spend my bitcoins at a variety of place such as steam, gyft, purse.io, etc. I hope that more people will start to adopt bitcoin since that would mean that I can spend bitcoins at even more places.

Well if that additional people will use bitcoin more as a currency more than investment then expect a good output for this coin in terms of services and usages.

Time will tell since those people that will use bitcoin more than in an investment will eventually know that this currency is also good when it use as a currency.



The fact is people are willing to use it as a currency but they are not finding enough places to spend them, and that is reason majority of users are holding their coins for the future without using it.
agustina2
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September 09, 2016, 01:40:33 PM
 #3275

I actively spend my bitcoins on digital items. I spend my bitcoins at a variety of place such as steam, gyft, purse.io, etc. I hope that more people will start to adopt bitcoin since that would mean that I can spend bitcoins at even more places.

Well if that additional people will use bitcoin more as a currency more than investment then expect a good output for this coin in terms of services and usages.

Time will tell since those people that will use bitcoin more than in an investment will eventually know that this currency is also good when it use as a currency.



The fact is people are willing to use it as a currency but they are not finding enough places to spend them, and that is reason majority of users are holding their coins for the future without using it.

So in here we really needs some good result as time passes by. If people that having a hard time to spend their bitcoin will make such way to spend it in any other ways then that is good.

Eventually there will be more places that will open services to use bitcoin in such services. Also a local exchange is a good one. Here in our country spending bitcoin is really reachable. It's not with the direct merchants itself but rather some local exchanges are dealing with that as a third party.

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Noctis Connor
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Activity: 476



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September 09, 2016, 02:21:55 PM
 #3276

BTC can easily be used fort hosting for example or seedboxes and that sort of thing.
Yes bitcoin can be easily use for hosting because some website or hosting website are offering cheap hosting where you can pay via bitcoin i already tried this and its work good but i never use the hosting because i don't know how to use it i just tried to buy using my bitcoin lemao and thats weired.

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Natulat
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September 10, 2016, 04:39:14 PM
 #3277

BTC can easily be used fort hosting for example or seedboxes and that sort of thing.
Yes bitcoin can be easily use for hosting because some website or hosting website are offering cheap hosting where you can pay via bitcoin i already tried this and its work good but i never use the hosting because i don't know how to use it i just tried to buy using my bitcoin lemao and thats weired.

I have paid for the VPN with bitcoin. It is quite a convenient process and make the transaciton quite anonymous for me.
JumperX
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September 10, 2016, 04:41:17 PM
 #3278

I actively spend my bitcoins on digital items. I spend my bitcoins at a variety of place such as steam, gyft, purse.io, etc. I hope that more people will start to adopt bitcoin since that would mean that I can spend bitcoins at even more places.

Well if that additional people will use bitcoin more as a currency more than investment then expect a good output for this coin in terms of services and usages.

Time will tell since those people that will use bitcoin more than in an investment will eventually know that this currency is also good when it use as a currency.



The fact is people are willing to use it as a currency but they are not finding enough places to spend them, and that is reason majority of users are holding their coins for the future without using it.

So in here we really needs some good result as time passes by. If people that having a hard time to spend their bitcoin will make such way to spend it in any other ways then that is good.

Eventually there will be more places that will open services to use bitcoin in such services. Also a local exchange is a good one. Here in our country spending bitcoin is really reachable. It's not with the direct merchants itself but rather some local exchanges are dealing with that as a third party.

Yeah converting bitcoin to fiat currency has become very easier, so if I cannot spend it directly then I prefer to exchange it to cash and then use it for buying things.

Noctis Connor
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September 10, 2016, 05:04:00 PM
 #3279

BTC can easily be used fort hosting for example or seedboxes and that sort of thing.
Yes bitcoin can be easily use for hosting because some website or hosting website are offering cheap hosting where you can pay via bitcoin i already tried this and its work good but i never use the hosting because i don't know how to use it i just tried to buy using my bitcoin lemao and thats weired.

I have paid for the VPN with bitcoin. It is quite a convenient process and make the transaciton quite anonymous for me.
may i ask what vpn you are using? and thats great that you use bitcoin as payment yuh i love using bitcoin to use it thru online because it keeps your privacy safe and it will remain your information anonymously thats why im using my bitcoin for some activities.

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daringdiscovered
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September 11, 2016, 12:43:05 PM
 #3280

BTC can easily be used fort hosting for example or seedboxes and that sort of thing.
Yes bitcoin can be easily use for hosting because some website or hosting website are offering cheap hosting where you can pay via bitcoin i already tried this and its work good but i never use the hosting because i don't know how to use it i just tried to buy using my bitcoin lemao and thats weired.

I have paid for the VPN with bitcoin. It is quite a convenient process and make the transaciton quite anonymous for me.
may i ask what vpn you are using? and thats great that you use bitcoin as payment yuh i love using bitcoin to use it thru online because it keeps your privacy safe and it will remain your information anonymously thats why im using my bitcoin for some activities.

There are many VPNs now that accepts bitcoin to become a premium user. There are IPVanish, NordVPN, VPNArea, AorVPN, IronSocket, and many more. Search google about it and many vpn will show that accepts bitcoin. It's up to you what to use and what works best for you and become a premium user with that vpn.

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