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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)
co5hike
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October 08, 2016, 11:25:11 AM
 #3601

No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i guess you are just a big fan of investment world. you treat bitcoin as investment only , not as digital currency which you should spend it online and offline if you could.
just see your point here,bitcoin was made to be currency and not only for investment,just imagine if all of bitcoin users having bitcoin only for investment,never spending it,and thus no one selling bitcoin then bitcoin will be doomed,and saying spending bitcoin isn't smart,what a plain BS

Agree if everyone will treat it as an investment and no one will spend it then it will have bad effect on its price and it will never make bitcoin as a stronger currency in future.
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October 08, 2016, 06:13:36 PM
 #3602

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
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October 09, 2016, 03:40:17 AM
 #3603

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
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October 09, 2016, 06:15:01 AM
 #3604

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me

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October 09, 2016, 06:25:07 AM
 #3605

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.

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October 09, 2016, 06:31:24 AM
 #3606

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

ice098
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October 09, 2016, 06:37:58 AM
 #3607

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

Agree so that you could earn more ! I dont like go to shopping so i just want to store my bitcoin in my wallet and never cashout but sometimes if i saw something that is I really want that is the time to exchange my bitcoin in our own fiat to buy that stuff.

[]
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umaOuma
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October 09, 2016, 08:03:00 AM
 #3608

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

Agree so that you could earn more ! I dont like go to shopping so i just want to store my bitcoin in my wallet and never cashout but sometimes if i saw something that is I really want that is the time to exchange my bitcoin in our own fiat to buy that stuff.
Its good to keep on growing them but to make bitcoin a powerful currency we should also spend them as if there is no circulation then will affect bitcoin economy very badly which will not increase the price.
NetFreak199
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October 09, 2016, 08:19:20 AM
 #3609

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

Agree so that you could earn more ! I dont like go to shopping so i just want to store my bitcoin in my wallet and never cashout but sometimes if i saw something that is I really want that is the time to exchange my bitcoin in our own fiat to buy that stuff.
Its good to keep on growing them but to make bitcoin a powerful currency we should also spend them as if there is no circulation then will affect bitcoin economy very badly which will not increase the price.

Agree! We should use it  so that it will be circulated in our system! Circulations makes bitcoin powerful if you are sending or receiving bitcoin then yyou are helping making the bitcoins more powerful unlike you are just holding it wait until the price rises! IT is very wrong move! make it circulate.

*╥╥╖╓]╢╢▓▓▓▓▒╢@╦,
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co5hike
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October 09, 2016, 08:22:03 AM
 #3610

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

Agree so that you could earn more ! I dont like go to shopping so i just want to store my bitcoin in my wallet and never cashout but sometimes if i saw something that is I really want that is the time to exchange my bitcoin in our own fiat to buy that stuff.
Its good to keep on growing them but to make bitcoin a powerful currency we should also spend them as if there is no circulation then will affect bitcoin economy very badly which will not increase the price.

Agree! We should use it  so that it will be circulated in our system! Circulations makes bitcoin powerful if you are sending or receiving bitcoin then yyou are helping making the bitcoins more powerful unlike you are just holding it wait until the price rises! IT is very wrong move! make it circulate.

Yes and I think we should be thankful to those people who are actively spending their coins on gambling sites, either they are winning or loosing is not our concern but they are surely helping the circulation.
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October 09, 2016, 12:19:28 PM
 #3611

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone
yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading.
Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow.
well i think it depends if the country or location that you're going to spend bitcoin actually accepts bitcoin. here unfortunately, bitcoin is not even widely known yet so it's not accepted. would like it though when time comes that i can use bitcoin, it would be very convenient for me
There is always our local exchange sites that can help us to do that, in my exchange site they have partnered with merchants to spend our bitcoins but I am not really interested in shopping online so I just cash out my bitcoins and directly go to the mall to buy things I need.
but if possible to deal with it online i would like to use my spare btc instead of going to mall i think i can use the time to trade more and to enjoy more earnings from bitcoin community.

Agree so that you could earn more ! I dont like go to shopping so i just want to store my bitcoin in my wallet and never cashout but sometimes if i saw something that is I really want that is the time to exchange my bitcoin in our own fiat to buy that stuff.
Its good to keep on growing them but to make bitcoin a powerful currency we should also spend them as if there is no circulation then will affect bitcoin economy very badly which will not increase the price.

Agree! We should use it  so that it will be circulated in our system! Circulations makes bitcoin powerful if you are sending or receiving bitcoin then yyou are helping making the bitcoins more powerful unlike you are just holding it wait until the price rises! IT is very wrong move! make it circulate.

Yes and I think we should be thankful to those people who are actively spending their coins on gambling sites, either they are winning or loosing is not our concern but they are surely helping the circulation.

We dont really need to thank them. They are doing it for their own happiness and perhaps they are really making some money there that is why they are not stopping. In Yobit dice I still see same names which bets a makes amount of bets.

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October 09, 2016, 12:34:59 PM
 #3612

Yes, I spend bitcoins whenever there is a thing that amazes me, say a cool statement shirt, limited edition stuff, in-game items or whatever it is that I find really interesting. For spending bitcoins in walk in stores, I just load my Xapo debit card and buy anything I want as long as the store accepts Visa or Mastercard. I once bought a leather wallet via that debit card and until now I am using that.

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October 09, 2016, 01:21:22 PM
 #3613

I spend my bitcoins but not actively. I often use it here in real life by converting it to fiat. I really like collecting bitcoins so I'm refraining my self from using it unless it's really important.

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October 09, 2016, 02:02:06 PM
 #3614

I really want to experience it being used in a physical store. I have done many online transactions but never in a retail store not even in a supermarket. They might want to open that option for a larger range of income.

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October 09, 2016, 02:27:05 PM
 #3615

I just mainly spend bitcoin on stuff I need to do for m,y projects online and I also invest to create and generate more but haven't as yet bought or treated myself to any tangible object or service for my own personal enjoyment or use, but one day would like to experience that.

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October 09, 2016, 03:10:07 PM
 #3616

My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive

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October 09, 2016, 07:25:45 PM
 #3617

My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive
Yeah there is a huge number of people are using bitcoin as investment and hold their bitcoin for high price and never spend their bitcoin because they just buy bitcoin with low price and then sell it with high price and i think this way is not risky for anyone because bitcoin is very stronger and safest investment.


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October 09, 2016, 07:35:26 PM
 #3618

My Bitcoin - is my investment. I do not spend Bitcoins. Or spend, but very rarely. Why spend today, what tomorrow will be more expensive
Yeah there is a huge number of people are using bitcoin as investment and hold their bitcoin for high price and never spend their bitcoin because they just buy bitcoin with low price and then sell it with high price and i think this way is not risky for anyone because bitcoin is very stronger and safest investment.

Bitcoin is not safest investment at all, it can go down at anytime in future and there is no guarantee of making profits from it and its never smart to put all your money in bitcoins.
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October 10, 2016, 03:09:30 AM
 #3619

Nope. I rarely use my bitcoin both on the internet and in physical world. My local area does not know much about bitcoin or its advantages. On the other hand, most of online people are scammers so i do not want to lose my money in the most stupid way


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October 10, 2016, 03:22:10 AM
 #3620

Main problem with bitcoin spending now is spending within its own economy, person to person transfers for goods is the most valuable trade to raise bitcoin worth over time.   Value flows into bitcoin that way.  I think thats because of monetary velocity, most often I find my bitcoins are being converted back to fiat to pay the bills for whatever goods I buy.  I might do that myself manually, only occasionally I might buy small software products in bitcoin but Im not sure if that company uses the bitcoin or just also puts it back into fiat currency.

I never just store bitcoins forever, I know people think thats going to do something but use of bitcoin has to be real.  It can stagnant to zero if everyone just held.  Im not rich so I dont have hundreds kept back, I keep it for a while to save up then its used and I imagine most of the world is like that.  

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