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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)
Maslate
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September 12, 2016, 03:50:11 AM
 #3281

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.
VPN is good when you are in gambling because there are certain sites that restrict a particular country to enter gambling, but if you are just spending only legitimately, you do not  need to change your IP.

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September 16, 2016, 04:59:55 PM
 #3282

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.
VPN is good when you are in gambling because there are certain sites that restrict a particular country to enter gambling, but if you are just spending only legitimately, you do not  need to change your IP.

That is right. Some casinos restrict the gamblers from a specific country, with VPN, you can avoid the problem.
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September 16, 2016, 07:54:15 PM
 #3283

I don't spend it actively, tbh.  I believe that spending the coins now is  just not very smart , due to the fact that btc has a lot more  to offer in the near future..

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September 16, 2016, 08:19:23 PM
 #3284

I don't spend it actively, tbh.  I believe that spending the coins now is  just not very smart , due to the fact that btc has a lot more  to offer in the near future..
Everybody hopes for that.
Spending Bitcoin can help to increase the value. If more people use it, it gets accepted in more places. That can give a higher value.
lister storm
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September 16, 2016, 10:15:45 PM
 #3285

I don't spend it actively, tbh.  I believe that spending the coins now is  just not very smart , due to the fact that btc has a lot more  to offer in the near future..
Everybody hopes for that.
Spending Bitcoin can help to increase the value. If more people use it, it gets accepted in more places. That can give a higher value.
thats true, in order for bitcoins to actually exist i think that it would be way better that it was used all the time by people, that would mean that way more bitcoin shops would be created and the adoption would get a chance to be much faster than it is now

however im not actively spending my money because i dont have enough bitcoins right now to use on regular basis, though i hope in the future everything is going to change, if there were way more shops i would definitely use bitcoins instead of fiat

not a lot of people are spending their money with bitcoins now unfortunately and i dont think that they will be doing it in the future, for it to happen we would need an adoption that would happen at a very rapid pace

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September 16, 2016, 11:10:43 PM
 #3286

I don't spend it actively, tbh.  I believe that spending the coins now is  just not very smart , due to the fact that btc has a lot more  to offer in the near future..
Everybody hopes for that.
Spending Bitcoin can help to increase the value. If more people use it, it gets accepted in more places. That can give a higher value.
yeah i think spending will help the bitcoin indirectly. because if you do you will necessarily require spending more bitcoin and it will increase the demand for bitcoin ?


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hendra147
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September 16, 2016, 11:19:38 PM
 #3287

I don't spend it actively, tbh.  I believe that spending the coins now is  just not very smart , due to the fact that btc has a lot more  to offer in the near future..
Everybody hopes for that.
Spending Bitcoin can help to increase the value. If more people use it, it gets accepted in more places. That can give a higher value.
yeah i think spending will help the bitcoin indirectly. because if you do you will necessarily require spending more bitcoin and it will increase the demand for bitcoin ?

the spending of bitcoin also helping merchand to growing, if 1 merchand can get profit in accepting bitcoin , im sure new merchand will come to accepting bitcoin too.

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September 17, 2016, 02:58:38 AM
 #3288

The use is important to  control the volatility, but  apparently the problem will not be  resolved very soon.. We need more people understand the  benefits of using Bitcoin, that way there  will be more users adopting the  currency and  bringing liquidity to the market.

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September 17, 2016, 03:49:11 AM
 #3289

The use is important to  control the volatility, but  apparently the problem will not be  resolved very soon.. We need more people understand the  benefits of using Bitcoin, that way there  will be more users adopting the  currency and  bringing liquidity to the market.
I actually use bitcoin based on my needs, but I have to redeem all bitcoin habit I have. but it rarely happens, because I always collect more than 0.1 BTC before I really mengahbiskan my bitcoin. but if it does not need the money, maybe I just spend it to pay for internet

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September 17, 2016, 03:55:17 AM
 #3290

At the moment, I don't. I'm still waiting for the next major price pump. I didn't sell at the price pump before halving because I thought after the halving the price would even be higher. I still have fiat so holding on my Bitcoins isn't a problem to me.

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September 17, 2016, 04:47:22 AM
 #3291

At the moment, I don't. I'm still waiting for the next major price pump. I didn't sell at the price pump before halving because I thought after the halving the price would even be higher. I still have fiat so holding on my Bitcoins isn't a problem to me.

Well that is good that you have some spare for buying other needs. I tend to use it all the time due to certain things that is occuring. But i dont regret it. I feel much better actually thinking all my hard work is payed.

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September 17, 2016, 10:19:22 PM
 #3292

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
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September 18, 2016, 07:41:34 AM
 #3293

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
What if the price after 7 months will drop, I know you are expecting for the price to rise like everyone else, but mind you there is not assurance so we need to be specific with our goal.

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September 18, 2016, 05:30:26 PM
 #3294

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
What if the price after 7 months will drop, I know you are expecting for the price to rise like everyone else, but mind you there is not assurance so we need to be specific with our goal.

Yeah there is no guarantee that we will see higher price in coming months, so if current price is allowing  you to make profits then better to sell them and buy it again when price drops in future.
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September 18, 2016, 05:32:27 PM
 #3295

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
What if the price after 7 months will drop, I know you are expecting for the price to rise like everyone else, but mind you there is not assurance so we need to be specific with our goal.

Yeah there is no guarantee that we will see higher price in coming months, so if current price is allowing  you to make profits then better to sell them and buy it again when price drops in future.

If we're taking a look at the previous years, we can see that it always was an increase of the price during each winter. Therefore, I guess this year it won't be different. Many people are investing in BTC for the New Year, or buying gifts for others. It's winter, so it's gift time!! Cheesy
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September 18, 2016, 05:41:18 PM
 #3296

At the moment, I don't. I'm still waiting for the next major price pump. I didn't sell at the price pump before halving because I thought after the halving the price would even be higher. I still have fiat so holding on my Bitcoins isn't a problem to me.

Well that is good that you have some spare for buying other needs. I tend to use it all the time due to certain things that is occuring. But i dont regret it. I feel much better actually thinking all my hard work is payed.

This is what I am doing since I am a bitcoin holder but still we can't remove the chances the we really need to spend some bitcoins in able to get good profit with other investments or to satisfy our needs. So I have my allocation for the bitcoins that I am going to hold and I have my funds also for spending it for buying things online.

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September 18, 2016, 05:45:54 PM
 #3297

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
Its good idea to hold on your bitcoins right now and just keeping them safe,but still you cannot say anything about the price of bitcoin where it goes at what time,so i dont understand your theory of seven months,well i still spend little bit but i am also planning now only to collect bitcoins.
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September 18, 2016, 05:48:37 PM
 #3298

No i save as many as i can. Because soon it will reach to the moon!
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September 18, 2016, 05:49:53 PM
 #3299

I'm not spending it  right now, I believe that at the moment  the best thing to do is  to keep it save, I will only use them or cash  out after something around seven months from now..
Its good idea to hold on your bitcoins right now and just keeping them safe,but still you cannot say anything about the price of bitcoin where it goes at what time,so i dont understand your theory of seven months,well i still spend little bit but i am also planning now only to collect bitcoins.
yes try to collect as much as you can and save it for future and if everything goes fine then we will witness much higher price at the end of the year and that would be the best time to sell coins to gain higher profits.
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September 18, 2016, 08:02:37 PM
 #3300

No I do not spend my bitcoins actively because of the fact that I cannot spend them right now, there are no really interesting things for me that I want.
If there will be more nice stores that are interesting for em I will spend some.
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