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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)
crairezx20
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September 26, 2016, 05:47:39 PM
 #3441

yes if i have already good amount of bitcoin in exchange to fiat i always love to spend because it is my extra income and my salary would go to my saving in the bank that is why i am happy to have bitcoin.

I have a little amount of BTC around 1.5 BTC which i converted half of it today. so it is now 0.75 BTC, i spend bitcoin indirectly by converting it to fiat and use it to my daily needs,  same as you I am happy to know and have bitcoin because of its boundless opportunity if we are creative enough to take advantage of it.
For me i spend bitcoin also for paying our bills daily. since i have a good job here in my country i just spend bitcoin for other things like buying domain in name cheap since you can buy domain and hosting right now using bitcoin unlike before that they are not accepting bitcoin as payment.

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September 26, 2016, 06:15:13 PM
 #3442

yes if i have already good amount of bitcoin in exchange to fiat i always love to spend because it is my extra income and my salary would go to my saving in the bank that is why i am happy to have bitcoin.

I have a little amount of BTC around 1.5 BTC which i converted half of it today. so it is now 0.75 BTC, i spend bitcoin indirectly by converting it to fiat and use it to my daily needs,  same as you I am happy to know and have bitcoin because of its boundless opportunity if we are creative enough to take advantage of it.

I think if you have full time job which is paying you in fiat then I think you should spend it for your basic needs and save your bitcoins for the future to get better benefits from it in future.
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September 26, 2016, 06:52:30 PM
 #3443

I used to spend my bitcoin at a major electronics store who partnered with a bitcoin payment system.  Im not sure why they stopped accepting bitcoin but they only really went with it for the duration of the last big price spike, maybe they have no faith it will last much beyond a fad.    
Obviously bitcoin moved past the phase where anyone with a graphics card could have something viable to mine with and so to some extent bitcoin is having to do with a process of moving some mechanics away from its users so with that being true the electronics firm no longer felt it relevant to their userbase perhaps.

Seems a bit hasty to withdraw so soon and I dont get why it was any great cost to them.    I think they really didnt like that the bitcoin had to be sent and confirmed, it might have lasted longer with a much faster coin but who knows.

So now I have to manually sell the bulk of my coins for cash then do it the old fashioned way.  Same net result but takes longer for me, more risk my side I guess

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September 26, 2016, 08:02:04 PM
 #3444

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.

Indeed gambling should just be seen as a game and not as a steady income because it can simply not provide that.
I don't actively spend bitcoin cause I don't have the option to and also I'd like to safe as much as I possibly could.
because it is just a game and we cannot do anything too much about it, it will make you lose money
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September 26, 2016, 11:29:41 PM
 #3445

I hold most of my coins. I believe the price of the bitcoin will rise in the long term. But I also spend some of the coins.
If you hold your coins make sure that you can make profit every time the price of bitcoin rise but you will wait more months before that happens for sure there are lots of ways to earn money monthly or weekly in signature campaign after that you can spend your bitcoin with bills or goods.

Trading is better than just holding, holding is obviously safer somehow because they are just kept safe in a wallet and if the price grows they are growing with that, but that process is quite slow because sometimes the price gets stable for many days as it was recently, and in that case you can still earn profits by trading.
who says holding are safer?
have you ever imagine buying bitcoin at price $800 and now stucked at $600?
already holding for over 3 months and lost $20,000 already in current position?
always better to spend your bitcoin regularly and invest on reasonable amunt only.

You bought way back it was at $1000 and keep going down? Good thing you still stayed. If I were that I might have stopped in believing it will go back up to that price.that really hurts for those beta buyers.
most people who experience that terrible mistake buying at highest price, they will just leave ,
and yeppp they might will never comeback to invest back to bitcoin ,
i have a friend who experience this kind problem , not me actually ,
they have a trauma , really hurt to lost around $20,000 ,
so you might need to adjust between spend and hold your bitcoin.

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September 27, 2016, 12:54:59 AM
 #3446

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.
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September 27, 2016, 02:47:52 AM
 #3447

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.

I've been using bitcoins for a longer time today and it is my main purpose on why I spend bitcoins actively. Instead of going outside the house and going to buy e-load to the stores. I can just buy it easily with the help of bitcoins by just single clicks needed. And sometimes if I don't have enough money left I am just selling it for buying the things I need.



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September 27, 2016, 03:13:11 AM
 #3448

I hoard my bitcoins for my next generation. So no I don't spend them.


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September 27, 2016, 05:53:24 AM
 #3449

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.

I've been using bitcoins for a longer time today and it is my main purpose on why I spend bitcoins actively. Instead of going outside the house and going to buy e-load to the stores. I can just buy it easily with the help of bitcoins by just single clicks needed. And sometimes if I don't have enough money left I am just selling it for buying the things I need.
However, that is just so limited when it comes to transaction online with bitcoin, to top up our load online using bitcoin is not yet  a great improvement but at least we had that in our country, what I can suggest to you is you think outside the bank, rather than spending please do consider savings also as it might give you good life in the future.

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September 27, 2016, 06:39:15 AM
 #3450

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.
Lol is it you always pay load providers every day, whether it was not wasteful?
I think that using bitcoin to everyday life can be fairly difficult. because not a lot of facilities that can be purchased using bitcoin, to be honest I rarely do spending using bitcoin


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September 28, 2016, 01:09:29 AM
 #3451

I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

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September 28, 2016, 01:58:47 AM
 #3452

I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest.

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September 28, 2016, 04:25:55 AM
 #3453

I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest.

He can still benefit from it if he will buy back. The thing is you need to wait for the larger investors to make a big fluctuation. If it is just you who will convert it then it will not be much of a movement. There is still time to buy and I dont think it will be moving so fast with this large price.





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September 28, 2016, 05:28:26 AM
 #3454

I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest.

He can still benefit from it if he will buy back. The thing is you need to wait for the larger investors to make a big fluctuation. If it is just you who will convert it then it will not be much of a movement. There is still time to buy and I dont think it will be moving so fast with this large price.

For me today is the right time to buy bitcoins and just hold it but if you are thinking about the price fluctuation then somewhat that is going to effect the  price of bitcoin. Then don't do anything with your bitcoins but if you really need to spend that actively then you don't have choice but to use it because if you are just always depending on bitcoins in able to survive then you need it.



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HAS BEEN RELEASED!


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September 28, 2016, 08:47:11 AM
 #3455

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.
I've used my bitcoins for recharging my mobile too... but rechargning mobile with fiat is cheaper then bitcoin.. these Pop up sites charge very high fee. and bitcoin is not something to throw away like that.. now I'll prefer to hold my bitcoins or spend them wisely.

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September 28, 2016, 08:57:44 AM
 #3456

I hoard my bitcoins for my next generation. So no I don't spend them.



I think that is a good idea but let us just hope that bitcoin price will not goes down after how many years.  It is also good that you are thinking about the future of your family but I think I would not agree with you on that.  I could save some for them but not all of it.  I wanted to taste and savor the bitcoins that I earned.  By doing it it gives me more energy and determination to keep on earning.
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September 29, 2016, 05:37:21 PM
 #3457

I hoard my bitcoins for my next generation. So no I don't spend them.



I think that is a good idea but let us just hope that bitcoin price will not goes down after how many years.  It is also good that you are thinking about the future of your family but I think I would not agree with you on that.  I could save some for them but not all of it.  I wanted to taste and savor the bitcoins that I earned.  By doing it it gives me more energy and determination to keep on earning.

If the bitcoin is developed actively and it remains the major currency, it will rise in price in the long time.
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September 29, 2016, 05:42:12 PM
 #3458

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.
I've used my bitcoins for recharging my mobile too... but rechargning mobile with fiat is cheaper then bitcoin.. these Pop up sites charge very high fee. and bitcoin is not something to throw away like that.. now I'll prefer to hold my bitcoins or spend them wisely.

Though recharging mobile with fiat costs less as the sites that send recharge to you for bitcoins in return probably charge some fees as well but the feeling you get by recharging your mobile with your web earnings is really great, atleast that is for me, dont know about others.
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September 29, 2016, 05:45:29 PM
 #3459

Yes, i spend my bitcoin actively in my daily life. It serve as my mobile load provider.
I've used my bitcoins for recharging my mobile too... but rechargning mobile with fiat is cheaper then bitcoin.. these Pop up sites charge very high fee. and bitcoin is not something to throw away like that.. now I'll prefer to hold my bitcoins or spend them wisely.

Though recharging mobile with fiat costs less as the sites that send recharge to you for bitcoins in return probably charge some fees as well but the feeling you get by recharging your mobile with your web earnings is really great, atleast that is for me, dont know about others.
You are right. that was a great experience to recharge my mobile phone and pay my telephone bill with bitcoin.
but people can't afford to spend money just to get good feelings.. I earned money with so many hard work. I have to spend them wisely. (not only me but every one suppose to care his money)

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Piltover
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September 29, 2016, 09:23:31 PM
 #3460

No I do not spend my bitcoins active because its soon gonna got to a higher amount and I want to make as much as possible in profit.
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