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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 256547 times)
bitcoin-hunter
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September 23, 2016, 12:33:05 AM
 #3361

No I do not spend my bitcoins actively because of the fact that its not good to spend them right now with the future it has.
You can better wait on the price increase and than maybe buy some things or just sell it.
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September 23, 2016, 12:54:23 AM
 #3362

I'm not very active spend my bitcoins for now, because i want save my bitcoins and i just collecting and keep earning bitcoins. Because i need to pay my college fee and i won't spend my bitcoins for now.
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September 23, 2016, 01:00:57 AM
 #3363

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.

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September 23, 2016, 03:24:41 AM
 #3364

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

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September 23, 2016, 03:26:43 AM
 #3365

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
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September 23, 2016, 03:58:17 AM
 #3366

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
Bitcoin spend it does not matter if you can manage the expenditure. Because we should not be wasteful and to be able to manage the expenditure. Using bitcoin in gambling was not a problem as long as we still have self-control. If I also spent my bitcoin like gambling and to buy, but it's not often because I prefer to save it.


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September 23, 2016, 05:31:53 AM
 #3367

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
Bitcoin spend it does not matter if you can manage the expenditure. Because we should not be wasteful and to be able to manage the expenditure. Using bitcoin in gambling was not a problem as long as we still have self-control. If I also spent my bitcoin like gambling and to buy, but it's not often because I prefer to save it.
I agree with you on that, it is always good to consider something to spend if it can give us a temporary happiness sometimes, we have to balance everything, since we are earning good income, we should also consider having a good time to be more inspired and will continue to work hard.



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Caladonian
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September 23, 2016, 05:35:54 AM
 #3368

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
Bitcoin spend it does not matter if you can manage the expenditure. Because we should not be wasteful and to be able to manage the expenditure. Using bitcoin in gambling was not a problem as long as we still have self-control. If I also spent my bitcoin like gambling and to buy, but it's not often because I prefer to save it.
it is much better to save it and wait for the price to rises up but im also using it for personal expense like paying bills and my loading business since here in our country we can use btc for that such activity.

jamids
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September 23, 2016, 05:47:22 AM
 #3369

No I don't actively spend my coins like buying something with it when I can buy it with fiat. I will use my coins instead in trading because I am accumulating as much bitcoin as possible because I believe that time will come when it's not that easy anymore to buy one whole bitcoin because it's price is already that high. When I already have that much bitcoin that time then I will be able to make profit with it.

carlfebz2
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September 23, 2016, 06:32:13 AM
 #3370

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
Bitcoin spend it does not matter if you can manage the expenditure. Because we should not be wasteful and to be able to manage the expenditure. Using bitcoin in gambling was not a problem as long as we still have self-control. If I also spent my bitcoin like gambling and to buy, but it's not often because I prefer to save it.
it is much better to save it and wait for the price to rises up but im also using it for personal expense like paying bills and my loading business since here in our country we can use btc for that such activity.

Agree, saving  up much bitcoin would be a good thing  for future investments and  future profits but  we cant really avoided to spend  some amounts  on our savings since we need to pay or use it on  our bills and other expenses but we must limit our spending  so that we could able to save more  bitcoins.  Same as yours  im using my bitcoin to pay bills, load my mobile  and  purchasing  game credits  which is  available on my local wallet services they offered.

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Zooplus
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September 23, 2016, 06:36:11 AM
 #3371

No I don't actively spend my coins like buying something with it when I can buy it with fiat. I will use my coins instead in trading because I am accumulating as much bitcoin as possible because I believe that time will come when it's not that easy anymore to buy one whole bitcoin because it's price is already that high. When I already have that much bitcoin that time then I will be able to make profit with it.
Well, that was expected by majority of the believers here, I hope it would really happen that we will be able to witness a great price in the future, I myself is even saving for my future but to the amount only that I could tolerate, this is an opportunity that we are here so we should continue to save from our earnings instead of spending.

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Dora Doll
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September 23, 2016, 06:50:31 AM
 #3372

I don't spend them, but sometimes I get a good tip for some sports event and do some betting.
Sometimes it doesn't work out and I lose the bitcoin, so thats kind of like spending them, I guess.
You still spend because sports betting is gambling and in gambling we have no assurance whether we will win or not. I know that because I am a gambler myself.

Then make your gambling to a wiser one. Don't play now to those house edge games and focus only on sports betting.

If you still have a losing streak to the point that it deplete your funds then gambling is really not for you.
Bitcoin spend it does not matter if you can manage the expenditure. Because we should not be wasteful and to be able to manage the expenditure. Using bitcoin in gambling was not a problem as long as we still have self-control. If I also spent my bitcoin like gambling and to buy, but it's not often because I prefer to save it.
it is much better to save it and wait for the price to rises up but im also using it for personal expense like paying bills and my loading business since here in our country we can use btc for that such activity.
and we have no other option except holding it for the price increase, because we cannot use bitcoin for shopping or for buying selling because here is no one to accept bitcoin as cash we have to convert it first in fiat currency and then use it in our markets.
danherbias07
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September 23, 2016, 07:21:50 AM
 #3373

No I don't actively spend my coins like buying something with it when I can buy it with fiat. I will use my coins instead in trading because I am accumulating as much bitcoin as possible because I believe that time will come when it's not that easy anymore to buy one whole bitcoin because it's price is already that high. When I already have that much bitcoin that time then I will be able to make profit with it.
Well, that was expected by majority of the believers here, I hope it would really happen that we will be able to witness a great price in the future, I myself is even saving for my future but to the amount only that I could tolerate, this is an opportunity that we are here so we should continue to save from our earnings instead of spending.

We should all share that same idea. I have known some people to whom I introduced bitcoin are already giving it all. They say if there is chance they want their invested money in bitcoin to be the one which will make them rich. I told not to put everything and leave something for their own savings. Well, that is their decision, I am just hoping also that it would rise so that it will not hurt them.

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TheUltraElite
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September 23, 2016, 09:08:49 AM
 #3374

Currently not spending, just collecting from wherever I can. My goal is to reach 1+btc and then hold it long enough to sell it. I might trade on it as well. But as far as holding the coins is concerned, I will hold them till the price skyrockets and have no problem to hold that even if it takes a decade.

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umaOuma
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September 23, 2016, 09:18:29 AM
 #3375

Currently not spending, just collecting from wherever I can. My goal is to reach 1+btc and then hold it long enough to sell it. I might trade on it as well. But as far as holding the coins is concerned, I will hold them till the price skyrockets and have no problem to hold that even if it takes a decade.

You have a great level of patience mate, as I won't be able to hold them too long, I will surely sell them when I will be making some profits from it and buy them again when price drops.
TheUltraElite
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September 23, 2016, 10:03:51 AM
 #3376

Currently not spending, just collecting from wherever I can. My goal is to reach 1+btc and then hold it long enough to sell it. I might trade on it as well. But as far as holding the coins is concerned, I will hold them till the price skyrockets and have no problem to hold that even if it takes a decade.

You have a great level of patience mate, as I won't be able to hold them too long, I will surely sell them when I will be making some profits from it and buy them again when price drops.

Patience is the key my friend.  Smiley

Also it is true that I will also buy more in case price drops. But holding it yes I will hold them off long enough so as to yield good amount of profit. I dont like short-term investments. I prefer to go slow and steady.

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co5hike
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September 23, 2016, 02:49:38 PM
 #3377

Currently not spending, just collecting from wherever I can. My goal is to reach 1+btc and then hold it long enough to sell it. I might trade on it as well. But as far as holding the coins is concerned, I will hold them till the price skyrockets and have no problem to hold that even if it takes a decade.

You have a great level of patience mate, as I won't be able to hold them too long, I will surely sell them when I will be making some profits from it and buy them again when price drops.

Patience is the key my friend.  Smiley

Also it is true that I will also buy more in case price drops. But holding it yes I will hold them off long enough so as to yield good amount of profit. I dont like short-term investments. I prefer to go slow and steady.

Different people have different mentality, some will prefer to hold them for a long term and won't be interested in short term fluctuations and rest will prefer to take benefits from it.
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September 23, 2016, 02:52:33 PM
 #3378

No since I'm holding bitcoin for future investment. I just convert some of it for very important need such like pay school fee.
Anyway I'm also looking for next halving


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bamboylee
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September 23, 2016, 02:57:36 PM
 #3379

Currently not spending, just collecting from wherever I can. My goal is to reach 1+btc and then hold it long enough to sell it. I might trade on it as well. But as far as holding the coins is concerned, I will hold them till the price skyrockets and have no problem to hold that even if it takes a decade.

You have a great level of patience mate, as I won't be able to hold them too long, I will surely sell them when I will be making some profits from it and buy them again when price drops.

Your technique can work. You make little profits then buy bitcoins again. You will end up with more bitcoin if you do that over and over again. It is better if you set aside some coins for holding (for when price suddenly surges up), then some for trading.

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korona
   
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Shibashi Dogemoto
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September 23, 2016, 03:16:42 PM
 #3380

No since I'm holding bitcoin for future investment. I just convert some of it for very important need such like pay school fee.
Anyway I'm also looking for next halving

Its too long to think of  halving at a moment and if your plan is to  hold them till that point then I think you are taking a very big risk as we never know what price it will hold in future.
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