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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 256442 times)
agustina2
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September 21, 2016, 06:33:37 PM
 #3341

In my case, I do not have many options to spend bitcoin also I do not prefer to spend bitcoin actively as I prefer to save them for my retirement.

Well that's good for you since as much as possible your bitcoin are just saved.

After all, as long as we have fiat earnings it can take care of our daily needs. Bitcoin is a good financial backup so just keep it save and don't spend as much as possible except people really need to spend it.

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September 21, 2016, 07:55:49 PM
 #3342

No I do not spend bitcoins actively these days because of the fact that the bitcoin is gonna rise to a higher amount I want to make some good profit.
This is why I'm holding right now its simple.
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September 21, 2016, 09:34:21 PM
 #3343

Right now I'm not spending bitcoins because I think the price will go up with some luck and patience from now, it has a good future and will also get bigger.
Because of the fact it gets bigger the bitcoin will also go to a higher amount.
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September 21, 2016, 10:01:58 PM
 #3344

No I do not spend bitcoins actively these days because of the fact that the bitcoin is gonna rise to a higher amount I want to make some good profit.
This is why I'm holding right now its simple.

You are right we are seeing that the price of bitcoin is tending to increase in value and in the coming future it is sure that the price will increase so we have to store our bitcoins but if we need to buy any thing then we do not have to use fiat but we have to convert them to bitcoin and have to buy the required goods with bitcoin so that the regulation of bitcoin take place and the value increase in real sense.

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September 21, 2016, 11:20:29 PM
 #3345

No I do not spend them actively but I think that with the bitcoin you can make some nice amounts of money by holding.
Because of this fact its not worth spending them right now at anytime..
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September 22, 2016, 12:59:58 AM
 #3346

I use it mostly into the  cryptocurrency market and investing  in other projects, but I rarely  use it on daily expenses.
yeah I do bitcoin spending but what I do is make a purchase for a potential altcoin bitcoin or put me in an investment site for me to duplicate, I rarely use bitcoin to buy something like food or daily necessities

Any ideas what altcoin are letting you duplicate your money? Have spent a lot of browsing and still I cant pick one. Please pm me if you have some idea.
I do prefer spending it also to invest in alt coin. I saw a lot of profit in there.

Really want a risk?

Then your first stop is to check the coins placed on ICO. Explore their background, devs and future projects. Might try a small amount since they are cheap at first although we all know what would happen later on.

You can also consider those old altcoin that still bumping their daily volume actively for months and devs are still around talking about developments.

Risk is okay with me. I see most of it also go skyrocketing when pumped.
I do prefer cheaper alts too so I could buy a lot due to my own limit to how much I will invest.
Thanks for the tip I will be trying this.

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September 22, 2016, 01:40:58 AM
 #3347

I use it mostly into the  cryptocurrency market and investing  in other projects, but I rarely  use it on daily expenses.
yeah I do bitcoin spending but what I do is make a purchase for a potential altcoin bitcoin or put me in an investment site for me to duplicate, I rarely use bitcoin to buy something like food or daily necessities

Any ideas what altcoin are letting you duplicate your money? Have spent a lot of browsing and still I cant pick one. Please pm me if you have some idea.
I do prefer spending it also to invest in alt coin. I saw a lot of profit in there.

Really want a risk?

Then your first stop is to check the coins placed on ICO. Explore their background, devs and future projects. Might try a small amount since they are cheap at first although we all know what would happen later on.

You can also consider those old altcoin that still bumping their daily volume actively for months and devs are still around talking about developments.

Risk is okay with me. I see most of it also go skyrocketing when pumped.
I do prefer cheaper alts too so I could buy a lot due to my own limit to how much I will invest.
Thanks for the tip I will be trying this.
Participating in the ICO is really a good idea as most of the developers offers a certain percentage of discount when you buy during the opening or a certain period, that alone could already be considered as profit if the ICO will be successful as for sure you will be able to sell that above the ICO price.

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September 22, 2016, 02:47:26 AM
 #3348

No I do not spend them actively but I think that with the bitcoin you can make some nice amounts of money by holding.
Because of this fact its not worth spending them right now at anytime..

Holding is one of a good way of getting profit if you are going looking after for the income in bitcoin. But if you are going to hold you aren't helping the ecosystem of bitcoin.

And it is going to be better if you are going to help the economy by spending some of your bitcoins while you are holding.

Just like spending it into investments like trading.

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September 22, 2016, 02:56:37 AM
 #3349

I am more of an investor rather than a spender. I would always find myself holding more than spending. The little that I earn here, I just accumulate and let it sit in my wallet. I have limited options to using my bitcoins regularly for purchases and I rarely do purchases online.


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September 22, 2016, 03:09:28 AM
 #3350

I am more of an investor rather than a spender. I would always find myself holding more than spending. The little that I earn here, I just accumulate and let it sit in my wallet. I have limited options to using my bitcoins regularly for purchases and I rarely do purchases online.
good thing mate me as well im starting to save my btc for investment im just using it to exchange to my currency when its really for emergency but as long as i can im trying to hold it i know btc will rises up again.

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September 22, 2016, 03:10:55 AM
 #3351

I am more of an investor rather than a spender. I would always find myself holding more than spending. The little that I earn here, I just accumulate and let it sit in my wallet. I have limited options to using my bitcoins regularly for purchases and I rarely do purchases online.

I am doing both investing and spending. So once I am spending my bitcoins actively I need to get the amount that I have spent with the investments that I have. And I am doing it with trading and I am happy that I am able to spend bitcoins actively and I know that I am helping the market of bitcoin by spending it actively.

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sishendaoye
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September 22, 2016, 07:37:08 AM
 #3352

I don't actively spend my bitcoin cause bitcoin is a great investment which I don't want to waste. I'd like to keep as much coins as possible.
I do this because I know prices will get very high in the future and then it would be silly to waste them now.
Bitcoinbro
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September 22, 2016, 07:48:17 AM
 #3353

Yes to an extent, I am not using it to buy everything but there are multiple online sellers offering good items and only using bitcoin "that's reasonable since the fees are less".
I do not spend Bitcoin to often because if you are using it as an investment then there is no reason for you to be spending them in such a way.
If you want something then use your real money but leave the Bitcoin alone.
Carmen_Sandiego
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September 22, 2016, 08:35:07 AM
 #3354

I am not spending it right  now, I think that at the time the  best thing to do is to keep it save, I  will only use them or cash out after  something around six months from now...

madwica
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September 22, 2016, 12:11:15 PM
 #3355

I am not spending it right  now, I think that at the time the  best thing to do is to keep it save, I  will only use them or cash out after  something around six months from now...
It ok to spend bitcoin if you have earning in exchange of your spending, holding bitcoin is good if you have pretty enough bitcoin in your wallet it will gain more profit in the future because all we know that bitcoin price is continuous rising.

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agustina2
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September 22, 2016, 06:12:25 PM
 #3356

I use it mostly into the  cryptocurrency market and investing  in other projects, but I rarely  use it on daily expenses.
yeah I do bitcoin spending but what I do is make a purchase for a potential altcoin bitcoin or put me in an investment site for me to duplicate, I rarely use bitcoin to buy something like food or daily necessities

Any ideas what altcoin are letting you duplicate your money? Have spent a lot of browsing and still I cant pick one. Please pm me if you have some idea.
I do prefer spending it also to invest in alt coin. I saw a lot of profit in there.

Really want a risk?

Then your first stop is to check the coins placed on ICO. Explore their background, devs and future projects. Might try a small amount since they are cheap at first although we all know what would happen later on.

You can also consider those old altcoin that still bumping their daily volume actively for months and devs are still around talking about developments.

Risk is okay with me. I see most of it also go skyrocketing when pumped.
I do prefer cheaper alts too so I could buy a lot due to my own limit to how much I will invest.
Thanks for the tip I will be trying this.

Then that is good. Try also heading to alternate cryptocurrency section of this forum and participate in such opening giveaways. Once the coins placed on the exchange, we can expect some nice movement although manipulation is possible as always in those other altcoins especially if it's new one.

Goodluck. It's okay to lose. It will give foundation for the experience you are building in altcoin trades.

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Superbitzz
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September 22, 2016, 09:35:50 PM
 #3357

no i never use my bitcoin in our local market, because we have no such facilities and therefore i am holding my bitcoins for the price increase only, but still i am hopeful that a time will come when we will also be able to use bitcoin in our local market.
Doamader
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September 22, 2016, 09:44:13 PM
 #3358

I do wanna collect bitcoin and go to market and pay the bill with those card, but at the moment the balance isnt going up, all being invested, does anyone knows the fee from debit card of bitcoins?


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btvGainer
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September 22, 2016, 09:56:21 PM
 #3359

No I do not spend them actively but I think that with the bitcoin you can make some nice amounts of money by holding.
Because of this fact its not worth spending them right now at anytime..
If everyone start holding bitcoin,there wont be any bitcoin available for new users and without more new people adopting to bitcoin,demand for bitcoin will diminish.Do you think bitcoin will remain valuable in such a scenario? Some bitcoins must always be in circulation if bitcoin has to grow

bluechipinvestor
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September 22, 2016, 11:45:26 PM
 #3360

The use is important to  control the volatility, but apparently  the problem probably will not be resolved very soon, I think.
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