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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)
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October 11, 2016, 07:39:32 AM
 #3641

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.
Great decision of keeping your coins than spending it, we have to know that what we are holding now could be a greater value in the future, my advise to everyone here is that we need to give emphasis on the opportunity that bitcoin has given us, we are in the situation that bitcoin has not achieve its massive adoption so we are lucky as when the right time comes price will skyrocket as predicted.

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October 11, 2016, 07:53:28 AM
 #3642

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.
Great decision of keeping your coins than spending it, we have to know that what we are holding now could be a greater value in the future, my advise to everyone here is that we need to give emphasis on the opportunity that bitcoin has given us, we are in the situation that bitcoin has not achieve its massive adoption so we are lucky as when the right time comes price will skyrocket as predicted.

Yeah adoption will go higher in coming years which will take price to higher level, and for the same reason I am not spending my coins and saving them for future.
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October 11, 2016, 07:56:51 AM
 #3643

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.

for me, better to hold and sell while the price is up like now and i can gain the profit. i think if there is any store, offline and online, that recieve bitcoin as their payment, it would be glad and we can buy a product and pay with bitcoin.

i am not actively spend my bitcoin unless i have emergency situations, i will prefer to hold my bitcoin for a while and selling for the highest price like todays.

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October 11, 2016, 10:01:25 AM
 #3644

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher

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October 11, 2016, 10:36:21 AM
 #3645

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
That's actually could be considered as spending bitcoin because you're using bitcoin to pay for internet and another service,it could support bitcoin to be the real curreny instead of only becoming trading tools for those traders,bitcoin actually must be used for spending


     
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October 11, 2016, 10:40:26 AM
 #3646

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
I think when the price of bitcoin is high you can use it to buy something. because it will give you a cheap price. because of the high price of bitcoin be the reason? if you're just playing the entire bitcoin to trading it does not matter, but be sure you know the risks


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October 11, 2016, 10:45:36 AM
 #3647

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
That's actually could be considered as spending bitcoin because you're using bitcoin to pay for internet and another service,it could support bitcoin to be the real curreny instead of only becoming trading tools for those traders,bitcoin actually must be used for spending

Agree! You are spending your bitcoin to pay internet and other stuff! Trading in bitcoin is all about buying and selling other ccoins or also bitcoin! If you are literally into trading yyou should into altcoin trading yyou can earn decent profits from it if yyou know when and what to buy and sell



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October 11, 2016, 11:18:13 AM
 #3648

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher

Actually everyone likes to trade with their bitcoins and the ones who trade their coins actually do it so that they can earn more bitcoins to be spent in coming time, so the basic purpose of everyone in bitcoin is to get more and more money to spend on their lives but only a few of them are able to spend them and others just convert them to fiat.

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October 11, 2016, 11:29:39 AM
 #3649

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
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October 11, 2016, 11:40:17 AM
 #3650

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

Sometimes the risk is worth the take. Like when you risk your money in 2015 when the price is just above 200, you will be reaping great profits now. If you are a person who cannot take risk, then it is better to spend them so you can have peace of mind. But if you are a risk taker, then it can be profitable too.

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October 11, 2016, 11:56:11 AM
 #3651

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

That's right the price of bitcoin is unpredictable, either it can go higher or lower so its better to keep on making profits from it in short term by investing it in trading.
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October 11, 2016, 12:51:40 PM
 #3652

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

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CoinFoxs
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October 11, 2016, 12:55:05 PM
 #3653

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

Exactly we don't have knowledge about future, what will gonna happen with bitcoin in future, holding bitcoin for years is risky Bette is to invest that coins in trading and in other businesses from where you get some profit. I am always go with the investment and yeah if you holds your coins for shorter period of time and sell when price increase then it is good.

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SquallLeonhart
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October 11, 2016, 12:56:35 PM
 #3654

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

Its good to hold some and spend some in trading as even if trading doesn't goes good for you, you still have some coins in your wallet which you can sell when you see higher price and recover the loss.
dunfida
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October 11, 2016, 01:58:01 PM
 #3655

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

Its good to hold some and spend some in trading as even if trading doesn't goes good for you, you still have some coins in your wallet which you can sell when you see higher price and recover the loss.

But as  long  as we  could , we should  not waste our bitcoins  on trading because  in this  we could possibly grow even more  on our bitcoin. Dont rely too much on your savings and letting  the other  investments to fall  because you are confident enough  because you have   other saving and  hoping for future profits  for  backing up the loss.






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Oralmat
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October 11, 2016, 02:00:33 PM
 #3656

No, actually i can't use the bitcoin in any stores because where i am living, no one stores are accepted the bitcoin, and online i am only using when i want to pay my bills and when i need to transfer the amount, otherwise i don't want to refer to do shopping with my bitcoins.
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October 11, 2016, 08:00:16 PM
 #3657

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
yes that is a good decision, but i think in most of the area there are still no facilities of using bitcoin directly in their areas. and therefore most of the people are still using bitcoin for price increase.
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October 11, 2016, 09:34:10 PM
 #3658

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
yes that is a good decision, but i think in most of the area there are still no facilities of using bitcoin directly in their areas. and therefore most of the people are still using bitcoin for price increase.

Well some people are doing the same, earning bitcoin and wait to exchange it with a good value, some pays bills others buy a new phone, in the end people do spend their bitcoins into something they wanna. This year im investing all i got into some projects i do hope get live this year, but i believe it will go live only next year, anyway at 2017 i do hope to be able to start saving bitcoins for the future.


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NewInCryptoCurrency
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October 11, 2016, 09:52:37 PM
 #3659

No I do not spend them active because I think its better to hold plus the fact is also that I hold it for a long term right now.
The price will rise soon or later and due to that I think its better to stay holding the bitcoin for a while.
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October 11, 2016, 10:49:40 PM
 #3660

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

That's right the price of bitcoin is unpredictable, either it can go higher or lower so its better to keep on making profits from it in short term by investing it in trading.
true what you say that I think the long-term investing in bitcoin does not guarantee that you will definitely benefit. Because it is very Likely that this year's prices could have been higher than a year tomorrow. so I think that it would be better if you use it for short-term investments

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