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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)
michelle1845
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September 19, 2016, 02:14:55 AM
 #3301

The use is important to  control the volatility, but apparently  the problem will not be  resolved very soon.
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September 19, 2016, 02:39:59 AM
 #3302

I am planning on converting all of my bitcoin to fiat this coming October, whatever the price by that time will be. I guess I'll just have to start from scratch after I sell everything. If only bitcoin can be used directly to pay for a party that I'm planning, then I wouldn't hesitate to pay that with bitcoin.


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September 19, 2016, 02:59:27 AM
 #3303

I am planning on converting all of my bitcoin to fiat this coming October, whatever the price by that time will be. I guess I'll just have to start from scratch after I sell everything. If only bitcoin can be used directly to pay for a party that I'm planning, then I wouldn't hesitate to pay that with bitcoin.
I wish you all the best mate, I hope the price during that time will be at least $1,000 so you can get the better value of your bitcoins, it is really good to earn online and only we have more chance to hold our coins the better but sadly we need to prioritize our bills and pay it.

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September 19, 2016, 03:18:34 AM
 #3304

i do not spend my bitcoin its right time to hold your bitcoin for the future because bitcoin will be more rise up its price in the near future and there is a lot of people are buying bitcoin and then hold it for high price .

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September 19, 2016, 03:26:51 AM
 #3305

I am planning on converting all of my bitcoin to fiat this coming October, whatever the price by that time will be. I guess I'll just have to start from scratch after I sell everything. If only bitcoin can be used directly to pay for a party that I'm planning, then I wouldn't hesitate to pay that with bitcoin.
it will take some time mate before every one will embrace bitcoin payment thats one of the saddest reality as of now we can't use btc in some ways its still limited but for sure it will be embrace just needed to wait for some more extra time.

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September 19, 2016, 05:08:14 AM
 #3306


I never use bitcoin payment because I prefer to pay by cash. If I use bitcoin it for profit or investment. Factors bitcoin payment by the difficulty of finding where I also became one why I do not use bitcoin as a payment.
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September 19, 2016, 06:15:53 AM
 #3307


I never use bitcoin payment because I prefer to pay by cash. If I use bitcoin it for profit or investment. Factors bitcoin payment by the difficulty of finding where I also became one why I do not use bitcoin as a payment.

You completely don't know about what you talk! It is completely easy order free debit card to smoothly exchange and pay in Bitcoin in every point that accept VISA card... (VISA OR Mastercard)

Anyway it is just option.. of course much more better is pay directly in Bitcoin!

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September 19, 2016, 06:53:26 AM
 #3308


I never use bitcoin payment because I prefer to pay by cash. If I use bitcoin it for profit or investment. Factors bitcoin payment by the difficulty of finding where I also became one why I do not use bitcoin as a payment.

You completely don't know about what you talk! It is completely easy order free debit card to smoothly exchange and pay in Bitcoin in every point that accept VISA card... (VISA OR Mastercard)

Anyway it is just option.. of course much more better is pay directly in Bitcoin!
We cannot do it now yet as the adoption is not that big but we still have to be thankful because there are many options that we can spend our bitcoin through partnership with some payment processor, one of them are debit cards, although we have to bear the fee but what matters is the convenience.

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September 19, 2016, 07:40:26 AM
 #3309

I never spent coins and that is just the thing that you have to believe because you dont need to spent coins in real life dont spent them earn them and invest them.
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September 19, 2016, 07:46:22 AM
 #3310

For now, i'm not actively spend my bitcoins. Because i'm colleting my payment with bitcoin for now. I have a plan to hold it until the price of bitcoin increase and i predict it at the end of this year.
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September 19, 2016, 08:32:15 AM
 #3311

For now, i'm not actively spend my bitcoins. Because i'm colleting my payment with bitcoin for now. I have a plan to hold it until the price of bitcoin increase and i predict it at the end of this year.

Yeah everyone is predicting higher price at the end of the years so its good to collect as much as we can till we reach there and sell it off when we see higher price.
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September 19, 2016, 08:33:54 AM
 #3312

For now, i'm not actively spend my bitcoins. Because i'm colleting my payment with bitcoin for now. I have a plan to hold it until the price of bitcoin increase and i predict it at the end of this year.
That is a very realistic prediction, bitcoin will continue to increase because we have already recovered from the big crisis and I would recommend for everyone not to spend their bitcoin so much and wait for the right time to sell it instead.

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September 19, 2016, 08:38:05 AM
 #3313

For now, i'm not actively spend my bitcoins. Because i'm colleting my payment with bitcoin for now. I have a plan to hold it until the price of bitcoin increase and i predict it at the end of this year.

Good thing I have read your post.  Yes, that is a wise decision to keep the bitcoin because its price will surely increase at the end of the year.  We do not know how much but it is pretty sure that we will have a good amount of it.  I will start to hold my bitcoin and hold it on my wallet as far as I can.  I uses it for my everyday expenses that is why it is hard for me to keep it.  Sad
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September 19, 2016, 09:14:25 AM
 #3314

For now, i'm not actively spend my bitcoins. Because i'm colleting my payment with bitcoin for now. I have a plan to hold it until the price of bitcoin increase and i predict it at the end of this year.

Good thing I have read your post.  Yes, that is a wise decision to keep the bitcoin because its price will surely increase at the end of the year.  We do not know how much but it is pretty sure that we will have a good amount of it.  I will start to hold my bitcoin and hold it on my wallet as far as I can.  I uses it for my everyday expenses that is why it is hard for me to keep it.  Sad

I think holding them till the end of the year is a smart move to make, and price is good at a moment but not the best one to spend our coins, so lets hope that price goes higher in coming months so that we can spend our coins.
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September 19, 2016, 09:25:12 AM
 #3315

For now im not spending some of my bitcoin,my bitcoins were already save for christmas.
Im only spending a little amount in buying mobile recharge.

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bamboylee
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September 19, 2016, 10:30:18 AM
 #3316

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. Bitcoin circulating through the system will help bitcoin more than just holding them for the future. I believe we should allocate some bitcoin for investment or holding and some bitcoins for spending to improve the system of bitcoin. If we all hold our bitcoin, then there will be less transaction and less attractive to miners and merchandisers, thus losing bitcoin value.

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Shibashi Dogemoto
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September 19, 2016, 10:43:09 AM
 #3317

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. Bitcoin circulating through the system will help bitcoin more than just holding them for the future. I believe we should allocate some bitcoin for investment or holding and some bitcoins for spending to improve the system of bitcoin. If we all hold our bitcoin, then there will be less transaction and less attractive to miners and merchandisers, thus losing bitcoin value.

If no one will spend them we can never expect its price to go higher in future and it will also make bitcoin as a weaker currency and circulation of coins is important for a better economy.
Dwelach
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September 19, 2016, 03:01:42 PM
 #3318

I am gonna spend my bitcoins by buying some books, but I will exchange it into cash first because bitcoin is not totally accepted in my country. Only some people who sell credit accept bitcoins as money.
I do not spend my Bitcoin without a good reason because i think that that is a waist, Bitcoin can be worth much money in the future.
Spending them now would ruin your chances on making money with them later on.
Natulat
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September 20, 2016, 05:02:19 PM
 #3319

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. Bitcoin circulating through the system will help bitcoin more than just holding them for the future. I believe we should allocate some bitcoin for investment or holding and some bitcoins for spending to improve the system of bitcoin. If we all hold our bitcoin, then there will be less transaction and less attractive to miners and merchandisers, thus losing bitcoin value.

If no one will spend them we can never expect its price to go higher in future and it will also make bitcoin as a weaker currency and circulation of coins is important for a better economy.

If nobody spends the bitcoin, there is no need for it to exist. So the price will go to zero. This happened before.
serjent05
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September 20, 2016, 05:21:00 PM
 #3320

I am gonna spend my bitcoins by buying some books, but I will exchange it into cash first because bitcoin is not totally accepted in my country. Only some people who sell credit accept bitcoins as money.
I do not spend my Bitcoin without a good reason because i think that that is a waist, Bitcoin can be worth much money in the future.
Spending them now would ruin your chances on making money with them later on.

Well I think we should spend our bitcoin when there is enough good reason as you said.  Bitcoin is a currency too that needs to be taken care of and not to just waste in a none important things.  As for me I am spending bitcoin only if i have important stuff to pay like monthly bills and or buying other cryptocurrency for trading.

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