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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)
sana54210
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October 12, 2016, 07:48:37 AM
 #3681

I am never spending bitcoins because wehen you spend bitcoins you wont get lots of money from it and i think that we need to use the bitcoin as a investment and not like
a payment method.
Yes, right now bitcoin is more beneficial if you are using it as an investment, one of supporting points for this, maybe we could not find many bitcoin accepting merchants in our local area. When more people are saving bitcoins, it will obviously get more demands so that we can enjoy more returns out of our bitcoin savings.

But, at the same time we cannot ignore the benefit of using bitcoin as currency for many online transactions, one of the best way of using it for porn and gambling sites. No other payments are as flexible as bitcoins to be used there.


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October 12, 2016, 08:20:08 AM
 #3682

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!
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October 12, 2016, 11:54:57 AM
 #3683

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.
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October 12, 2016, 12:15:57 PM
 #3684

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.

people have different reasons on how and why they use bitcoin. in that aspect, someone using bitcoin solely as an investment tool, is not interested in using it also to buy stuff with. their only route is, buy bitcoin with fiat, and sell bitcoin back to fiat. that's all these people are interested in.
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October 12, 2016, 12:21:20 PM
 #3685

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.

people have different reasons on how and why they use bitcoin. in that aspect, someone using bitcoin solely as an investment tool, is not interested in using it also to buy stuff with. their only route is, buy bitcoin with fiat, and sell bitcoin back to fiat. that's all these people are interested in.
People who treat bitcoin as an pure investment will never prefer to spend them actively and will surely hold them for long term so that they can sell them when price goes higher in future.
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October 12, 2016, 12:40:12 PM
 #3686

I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.


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October 12, 2016, 12:42:04 PM
 #3687

I also do not currently active in generating bitcoin except that I have to pay internet package, this time I better save money with bitcoin, and I use my local money to buy something without removing the bitcoin
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October 12, 2016, 12:50:43 PM
 #3688

Yes, many time i spend my bitcoins but only online buying something, and secondly it help me many times when i want to transfer my amount but i have not used my bitcoins in any stores, because i don't know any stores are near of my area, And finally, i don't thing that it is good to use your bitcoin in stores, if fiat currency is here so use it easily. 

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October 12, 2016, 01:27:19 PM
 #3689


People who treat bitcoin as an pure investment will never prefer to spend them actively and will surely hold them for long term so that they can sell them when price goes higher in future.

You can't called a bitcoin investment if people will use it regularly. To feel the profits in holding bitcoin, they must add the quantity of it rather than spend it.

Adding quantity can take placed by doing buy and sell of bitcoins and earning it in any various methods.


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October 12, 2016, 01:54:20 PM
 #3690

I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.

Why not??? I have got enormous coins and I am happy to say that I was lucky to get higher prices when I sold them...
I was even happy with $600 but I got $30 more, I mean prices according to those rates got me something extra...
Who doesn't like extra??? Tongue
Proudly spending bitcoins to buy what I want... Smiley

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October 12, 2016, 01:57:30 PM
 #3691

I don't actively spend my Bitcoins at the moment. To be honest, because of the lack of the establishments that actually accepts Bitcoin, people can't actually "actively" spend their Bitcoins. I guess most of us would just be holding our Bitcoins for now and then convert it to fiat when the price increases so we could finally spend it.

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October 12, 2016, 11:04:57 PM
 #3692

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.
yeah true I agree with you other than you have to wait a long time you're Also not necessarily benefit. see was a few years ago the price was at $ 1200 and is currently very under-priced it, so do investments conditional course, when the pump price advantage of it to be an profit for you


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October 12, 2016, 11:17:56 PM
 #3693

I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.

Why not??? I have got enormous coins and I am happy to say that I was lucky to get higher prices when I sold them...
I was even happy with $600 but I got $30 more, I mean prices according to those rates got me something extra...
Who doesn't like extra??? Tongue
Proudly spending bitcoins to buy what I want... Smiley
I dont have such portfolio but im funding my projects with bitcoin and i dont regret to be making such, i do hope to stop investing for a while, atleast i do believe i will be making my last project live at begining next year. I do understand you do buy and sell bitcoins around the pumps and dumps.


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BitcoinPanther
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October 12, 2016, 11:47:23 PM
 #3694

Yes, I actively spend my bitcoin, I just have my first bought item, a GPU from my earning in joining the signature campaign of Pesobit.  If I have more bitcoin, i will still spend it to buy my needs to upgrade my PC to a higher end one.

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blackmagician
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October 12, 2016, 11:55:59 PM
 #3695

For now i dont have bitcoin to spend, my friend just told me that i can earn bitcoin here like providing services and in signature campaigns.

AsaroUk
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October 13, 2016, 01:41:40 AM
 #3696

I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.

Yes that is also the right way because spending them is not smart at all and I think that we can make some good money with the bitcoin too.
Holding is the way to go right now with this future.
passwordnow
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October 13, 2016, 04:30:37 AM
 #3697

For now i dont have bitcoin to spend, my friend just told me that i can earn bitcoin here like providing services and in signature campaigns.

That is true if you are going to allow yourself to learn here in forum for sure you are going to make good amount of bitcoins here. And once you are able to sell your services, you can just offer that at the services section. And when you are already earning good amount of bitcoins then you can now start spending your bitcoins actively, like buying loads or gift cards with the use of bitcoin.



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mirakal
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October 13, 2016, 05:07:38 AM
 #3698

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.
Maybe in the future there are many stores and businesses what will accept bitcoin, they are already aware but they still in doubt due to the price volatility, when the time comes that the price of bitcoin will be stable, maybe even in department stores they will accept bitcoin as a form of payment so that would be convenient to us.

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sobsitesearch
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October 13, 2016, 05:47:25 AM
 #3699

For now i dont have bitcoin to spend, my friend just told me that i can earn bitcoin here like providing services and in signature campaigns.

Wow, your friend is so good to lead you here...Some don't let their friends know what bitcointalk is, and it is because of that, they don't want others to know about signature campaign...  Maybe you could check the services section for other job opportunities and not just in signature campaign... Good luck to that..  Smiley
I have friend that i convince to user bitcoin and i give my alt account with full member rank to start earning in signature campaign but later on my account got banned he do not know why but the opportunity to him is there if he give more care on posting.
mark coins
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October 13, 2016, 05:49:58 AM
 #3700

For now i dont have bitcoin to spend, my friend just told me that i can earn bitcoin here like providing services and in signature campaigns.

Wow, your friend is so good to lead you here...Some don't let their friends know what bitcointalk is, and it is because of that, they don't want others to know about signature campaign...  Maybe you could check the services section for other job opportunities and not just in signature campaign... Good luck to that..  Smiley
I have friend that i convince to user bitcoin and i give my alt account with full member rank to start earning in signature campaign but later on my account got banned he do not know why but the opportunity to him is there if he give more care on posting.

That's great to hear that you took an initiative and gifted your account to your friend so that he can start earning bitcoins from signature campaign but you should also guide him with the rules and regulations and that will surely help him.
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