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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)
Aamir1
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October 04, 2016, 03:51:49 PM
 #3481


Yes if you are earning only from bitcoins then you need to spend them regularly to take care of basic expenses, but if you  have a day job then it will make easier to save your bitcoins for future.

So somehow it's really important to have a day job so that people's salary there will be used for daily and basic expenses.

With the status like that, their bitcoins are just saved and will just come out whenever they really need it.

Thats true,,,, someone without any day job would probably not be able to save all his coins because he will need to spend some of it in between every period of a month or something like that, but if someone has a job he wont need to convert or spend his bitcoins, same goes with me, i don't have any day job so i'm not able to save all my coins every month.
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October 04, 2016, 04:07:06 PM
 #3482


Yes if you are earning only from bitcoins then you need to spend them regularly to take care of basic expenses, but if you  have a day job then it will make easier to save your bitcoins for future.

So somehow it's really important to have a day job so that people's salary there will be used for daily and basic expenses.

With the status like that, their bitcoins are just saved and will just come out whenever they really need it.

Thats true,,,, someone without any day job would probably not be able to save all his coins because he will need to spend some of it in between every period of a month or something like that, but if someone has a job he wont need to convert or spend his bitcoins, same goes with me, i don't have any day job so i'm not able to save all my coins every month.
Yes. it is hard to save the online earning for an online employee who do all time work with bitcoin.. but some big developers and programmers can still save their money because they are earning very good salary from bitcoin. I know some altcoin developers and gambling site's mods who are earning 500$ a week.. so if someone get a job like that he will probably be able to spend and save both.


 
 
 
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October 04, 2016, 05:10:54 PM
 #3483

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.

That's great to hear that you can buy coffee with your bitcoins and I really wish that I could spend it on a coffee or a glass of beer so that I can go cashless every time when I want to spend my bitcoins.
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October 05, 2016, 02:11:38 AM
 #3484

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.

That's great to hear that you can buy coffee with your bitcoins and I really wish that I could spend it on a coffee or a glass of beer so that I can go cashless every time when I want to spend my bitcoins.
It will happen in the future dude, we just have to be more patient. If you will live in a well developed countries then I am pretty sure you can experience the best benefits of spending online with your bitcoin, but if you are living in a country where bitcoin is not that popular maybe we should just wait for the right time.

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October 05, 2016, 04:18:05 AM
 #3485

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.

That's great to hear that you can buy coffee with your bitcoins and I really wish that I could spend it on a coffee or a glass of beer so that I can go cashless every time when I want to spend my bitcoins.
It will happen in the future dude, we just have to be more patient. If you will live in a well developed countries then I am pretty sure you can experience the best benefits of spending online with your bitcoin, but if you are living in a country where bitcoin is not that popular maybe we should just wait for the right time.
you can still exchange it to your local currency and let the circulation continue so you are still spending it. and that also helping bitcoin
to continue to progress i know in due time will be able to use btc in all our needs.

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October 05, 2016, 04:24:52 AM
 #3486

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.

That's great to hear that you can buy coffee with your bitcoins and I really wish that I could spend it on a coffee or a glass of beer so that I can go cashless every time when I want to spend my bitcoins.
It will happen in the future dude, we just have to be more patient. If you will live in a well developed countries then I am pretty sure you can experience the best benefits of spending online with your bitcoin, but if you are living in a country where bitcoin is not that popular maybe we should just wait for the right time.
you can still exchange it to your local currency and let the circulation continue so you are still spending it. and that also helping bitcoin
to continue to progress i know in due time will be able to use btc in all our needs.

Agree,even you cant  spend  the actual bitcoin on merchants  but still you are spending  it when you intend to  exchange it into fiat and  buy the  things you need which is considered already spending and you are right  it do really helps the bitcoin ecosystem to grow even more.

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October 05, 2016, 07:18:10 AM
 #3487

I mostly buy online with Bitcoin, use it for gaming to buy in game currency and from time to time to buy drink at one coffee shop near my place.

That's great to hear that you can buy coffee with your bitcoins and I really wish that I could spend it on a coffee or a glass of beer so that I can go cashless every time when I want to spend my bitcoins.
It will happen in the future dude, we just have to be more patient. If you will live in a well developed countries then I am pretty sure you can experience the best benefits of spending online with your bitcoin, but if you are living in a country where bitcoin is not that popular maybe we should just wait for the right time.
you can still exchange it to your local currency and let the circulation continue so you are still spending it. and that also helping bitcoin
to continue to progress i know in due time will be able to use btc in all our needs.

Agree,even you cant  spend  the actual bitcoin on merchants  but still you are spending  it when you intend to  exchange it into fiat and  buy the  things you need which is considered already spending and you are right  it do really helps the bitcoin ecosystem to grow even more.
You are still active because once you cash out in fiat you will spend for your needs and wants and even by spending it in online betting that means you are also an active spender of your bitcoins. Those who are not active are only the investors who are doing a long term investment.

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October 05, 2016, 07:36:17 AM
 #3488


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.
There are many services/merchants/shops accepting bitcoin right now, and the number is growing. The problem is that usually payment with bitcoin is not widely announced and are often hidden under debit/credit, paypal and bank transfer method of payment. Usually you can chose bitcoin payment only if you are finalizing your purchase.
There are to many people just holding their coins and that is not pretty well because i know from experience that when every body is holding the price wont change up but down and that is not what we bitcoin users wanmt.
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October 05, 2016, 07:48:19 AM
 #3489

I dont spent bitcoins becuase i dont use them to buy things you know i spent them in my own way like investing into other things you know with the bitcoin can you make much money.
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October 05, 2016, 07:53:10 AM
 #3490


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.
There are many services/merchants/shops accepting bitcoin right now, and the number is growing. The problem is that usually payment with bitcoin is not widely announced and are often hidden under debit/credit, paypal and bank transfer method of payment. Usually you can chose bitcoin payment only if you are finalizing your purchase.
There are to many people just holding their coins and that is not pretty well because i know from experience that when every body is holding the price wont change up but down and that is not what we bitcoin users wanmt.
Yeah I know but many people do not want to spend their Bitcoin because they then wont make money from it because they want sell their Bitcoin.
I would also not spend my Bitcoin because I have paid much money for them.


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October 05, 2016, 08:03:57 AM
 #3491

I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..

Im not like that I don't really spend it just because my main goal is to safe as many coins as I possibly can.
So if I'd spend it it would be counterproductive which I don't want to be because I need many coins for the future when prices go higher.
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October 05, 2016, 08:08:21 AM
 #3492


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.
There are many services/merchants/shops accepting bitcoin right now, and the number is growing. The problem is that usually payment with bitcoin is not widely announced and are often hidden under debit/credit, paypal and bank transfer method of payment. Usually you can chose bitcoin payment only if you are finalizing your purchase.
I never spent bitcoins because i dont like to use bitcoins for such a bullshit things you know lots of poeple are investing with the bitcoin and i never want to put it into bullshit.
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October 05, 2016, 08:45:12 AM
 #3493

I dont spent bitcoins becuase i dont use them to buy things you know i spent them in my own way like investing into other things you know with the bitcoin can you make much money.
so do you think investment is not a way of spending bitcoins? I think investment is also a way of spending bitcoin. even you may get your bitcoin plus the profits back. but at the starting you'll send your bitcoin to a company and it is possible that you'll never get them back because of so many scam and ponzi ways and peoples.. so anytime I invest my money I consider them as spent.


 
 
 
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Mastsetad
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October 05, 2016, 08:50:11 AM
 #3494

I dont spent bitcoins becuase i dont use them to buy things you know i spent them in my own way like investing into other things you know with the bitcoin can you make much money.
so do you think investment is not a way of spending bitcoins? I think investment is also a way of spending bitcoin. even you may get your bitcoin plus the profits back. but at the starting you'll send your bitcoin to a company and it is possible that you'll never get them back because of so many scam and ponzi ways and peoples.. so anytime I invest my money I consider them as spent.

Spend itself actually gives the meaning of giving it away in exchange of something else, for example if you buy something with your bitcoins so you get something in exchange of bitcoins, it means you have spent them on something, so in that sense if someone invests them somewhere and gets bitcoins in returns it cannot be included in the list of spendings i guess.
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October 05, 2016, 10:20:02 AM
 #3495

I am not spending at a moment as I think this is not the right time to spend them as I believe its a time to accumulate more coins and save them for future as I am expecting higher price at the end of the year.
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October 05, 2016, 10:45:17 AM
 #3496

I am not spending at a moment as I think this is not the right time to spend them as I believe its a time to accumulate more coins and save them for future as I am expecting higher price at the end of the year.
good strategy. I don't have much btc so I am also not spending but if I get lots of btc I still prefer to hold them instead of spending. I'll try to get my needs and other necessary things from other source and fiat and save bitcoin for long time.

randy8777
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October 05, 2016, 11:01:26 AM
 #3497

I am not spending at a moment as I think this is not the right time to spend them as I believe its a time to accumulate more coins and save them for future as I am expecting higher price at the end of the year.

it's of course your choice to save up everything instead of spending some, but you can also choose to convert fiat into bitcoin at the time you are about to buy something with bitcoin. i do exactly that. via that way i don't have to touch my own stash.
SCCFX
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October 05, 2016, 11:48:31 AM
 #3498

every day iam sending bitcoin
minimum iam send bitcoin use to trading
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October 05, 2016, 12:13:07 PM
 #3499

every day iam sending bitcoin
minimum iam send bitcoin use to trading
If you are sending every in trading and you are just losing it because you are not good in trading maybe that would quality to spending as in my definition spending is an expense and you will not get any return of what you spend, so you are in lose doing trading.

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Oilacris
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October 05, 2016, 12:14:34 PM
 #3500

For now  im not earning too much bitcoin  because  im still newbie  on bitcoin world but   if  i would have the chance to  earn  decent amounts  of bitcoin i would surely save them  up for future  use maybe i could spent some   but  in important things.

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