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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 256540 times)
rickbig41
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October 10, 2016, 04:47:32 AM
 #3621

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

You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...  Smiley Locally you can use it if you know a local exchange there in your place...  Smiley

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October 10, 2016, 04:50:25 AM
 #3622

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

You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...  Smiley Locally you can use it if you know a local exchange there in your place...  Smiley
I certainly agree with your statement, not all people here are scammers and mostly those who are scammed are those people who are cautious dealing with people online, just remember this that any investment that offers a too good to be true return are all scammed.

Investing online is good but it needs to be slowly but surely.

 
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October 10, 2016, 02:32:08 PM
 #3623

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

You gotta learn to trust and research for you to maximize the use of online transactions, otherwise you'll limit your self from just holding your coins and cashing it out to fiat... Not all in the internet are scammers...  Smiley Locally you can use it if you know a local exchange there in your place...  Smiley
I certainly agree with your statement, not all people here are scammers and mostly those who are scammed are those people who are cautious dealing with people online, just remember this that any investment that offers a too good to be true return are all scammed.

Investing online is good but it needs to be slowly but surely.

Well that is true, if you are going to actively spend your bitcoins for being an investor. Then choose the trusted type of investments.

And I can say that trading is going to be the one that will able you earn better income if you are going to be a good trader.

But you must have proper knowledge before you are going to start with it.

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October 10, 2016, 02:44:11 PM
 #3624

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..

Indeed but here if I want to spend it it will be difficult to do so since there are litterly no shops accepting it where I live.
Perhaps in the country but not in the same area here, if I'd spend them I'd spend the online cause offline is too much effort to find a shop.


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October 10, 2016, 03:03:24 PM
 #3625

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..

Indeed but here if I want to spend it it will be difficult to do so since there are litterly no shops accepting it where I live.
Perhaps in the country but not in the same area here, if I'd spend them I'd spend the online cause offline is too much effort to find a shop.

That's true spending them offline is not possible at a moment as there are hardly any shop that accepts bitcoin as a mode of payment but I think we should start using bitcoin debit card, that will make things lot easier.
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October 10, 2016, 03:14:05 PM
 #3626

I won't be using bitcoin much. Only I use bitcoin when some one asks me for money. I used to transfer it for them.
Recent days had a plan to go online for a purchase and finally dropped it due to the reduced price.
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October 10, 2016, 03:19:23 PM
 #3627

Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.

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October 10, 2016, 04:01:47 PM
 #3628

Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.

But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.
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October 10, 2016, 04:08:52 PM
 #3629

Recent events made me use more of my bitcoin. People are starting to ask if they can pay up through bitcoin with their online orders. They want to use my bitcoin as a means of paying even if I say I might charge them a little. They say it would be better than the percentage that they will pay when they use their credit cards. But the problem is the lack of payment options in online stores.





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October 10, 2016, 04:49:49 PM
 #3630

Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.

But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.

This is not the only reason not to spend Bitcoin. Some cherish it because of the fact that its price increases
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October 10, 2016, 05:17:58 PM
 #3631

Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.

But I think people are holding it and not spending only because they don't find any merchants who accepts bitcoin as a mode of payment and if they find places then the will surely prefer to spend them.

This is not the only reason not to spend Bitcoin. Some cherish it because of the fact that its price increases
Well for me i can spend my bitcoins but just partial of my collected bitcoin the other bitcoin i just save it for long time if we seen the price will increase more soon i can get a good profit to sell..

..Decision from segwit2x is not Final..
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October 10, 2016, 05:21:15 PM
 #3632

I spend my bitcoins herein this forum @ digital good section and auction section.

I buy things from there.

I enjoy spending my bitcoins which I earned by my hard work & effort.


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October 10, 2016, 05:25:38 PM
 #3633

Bitcoin usage activity should be pushed by a lot of us so that merchants will be willing to make some businesses using bitcoin as a means of payment. It is a main problem for now. They dont see it as a profitable area because of the high percetage of holders.

I agree we should rally support to the merchant who is accepting Bitcoin as a mode of payment.  If a merchant story of becoming successful involves bitcoin adoption, I'm sure many merchants will follow this successful merchant's example.  This way we can have more merchant to accept bitcoin and we will have easier way to spend our bitcoin every day.

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crairezx20
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October 10, 2016, 05:44:58 PM
 #3634

I spend my bitcoins herein this forum @ digital good section and auction section.

I buy things from there.

I enjoy spending my bitcoins which I earned by my hard work & effort.
This is not only for digital place here in bitcoin now we can use also in steam they are now accepting bitcoin as payment also there is purse.io that we can use to buy items in amazon with rebate.. unlike last year there is only few stores are accepting bitcoin..

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October 10, 2016, 06:31:03 PM
 #3635

I do not spend your Bitcoins. I earned very difficult. And I will wait until the price for them will grow
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October 10, 2016, 06:47:46 PM
 #3636

I do not spend your Bitcoins. I earned very difficult. And I will wait until the price for them will grow
Yes same here it is hard to earn bitcoin this is not easy and we are just earning few but we have a chace that the price of bitcoin will increase more that our bitcoin we holding for a long time can get more benefits because of price increase..

..Decision from segwit2x is not Final..
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October 11, 2016, 02:13:39 AM
 #3637

I do not spend your Bitcoins. I earned very difficult. And I will wait until the price for them will grow
Yes same here it is hard to earn bitcoin this is not easy and we are just earning few but we have a chace that the price of bitcoin will increase more that our bitcoin we holding for a long time can get more benefits because of price increase..
We hope that the price will continue to increase so that our income will have a bigger value, also we do not need to spend all of it as the price is increasing so it is good to have at least something we can save for the future.

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jossiel
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October 11, 2016, 05:35:50 AM
 #3638

I do not spend your Bitcoins. I earned very difficult. And I will wait until the price for them will grow

For the past weeks I've been actively spending my bitcoins for buying different things and as well as trading but as of now, I think I will do the same.

I wanted to hold it for a longer time and going to wait for until the price is going to reach so that I will going to get good profit out of it.

I will be just patiently waiting for the price increase.
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October 11, 2016, 06:59:24 AM
 #3639

I do not spend your Bitcoins. I earned very difficult. And I will wait until the price for them will grow

For the past weeks I've been actively spending my bitcoins for buying different things and as well as trading but as of now, I think I will do the same.

I wanted to hold it for a longer time and going to wait for until the price is going to reach so that I will going to get good profit out of it.

I will be just patiently waiting for the price increase.

yeah bitcoin prices increases are pretty frequent now so it's better that you have bitcoins available when the time comes to sell them higher. as for me unfortunately, i've spent a big amount in gambling , well lost a big amount that is. sooo i'm currently trying to earn more coins and hopefully i get more so i could buy low coins before prices start going up

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October 11, 2016, 07:28:17 AM
 #3640

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
yeah I think everybody wants to do their spending something in need of it. but you know this time bitcoin has not been so accepted. only a few merchants who accept and perhaps receive it only domain sites and the like. of course we could not buy a domain in every day right ?
People are willing to spend their coins but the fact is they don't find any place to do so, as bitcoin has not reached to physical places yet but may be in future things will change.

Indeed sometimes it's not like we don't want to actively spend our coins but we just don't have the option to do so.
I wouldn't want to spend my coins though cause I am a saver and investor so I want as many coins as possible.
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