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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)
dothebeats
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December 25, 2015, 05:46:14 PM
 #381

Buying online game credits and online games itself; some tech devices and a new cheap phone very recently. I'm not spending when the price is what I think is undervalued. For me, those times are bitcoin-buying times and not the time to spend.

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December 25, 2015, 10:22:52 PM
 #382

Buying online game credits and online games itself; some tech devices and a new cheap phone very recently. I'm not spending when the price is what I think is undervalued. For me, those times are bitcoin-buying times and not the time to spend.
Are there some sites recommended where you can buy some tech devices with bitcoin? How does customer service and the return works in this kind of sites? Is there any kind of buyer protection that works when you pay with your bitcoins?

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December 26, 2015, 02:03:15 AM
 #383

I spend my bitcoins, obviously. I'm not going to keep them in long-term storage and let them sit there. If there's a price increase, then I'll definitely go for buying things that I need!

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December 26, 2015, 02:08:28 AM
 #384

no i didn't spent any of my bitcoins i'am saving it until i will need i may used it in gambling but i didn't bought anything with it
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December 26, 2015, 06:10:10 AM
 #385

I spend my bitcoins, obviously. I'm not going to keep them in long-term storage and let them sit there. If there's a price increase, then I'll definitely go for buying things that I need!

Many people are here with this kind of mind set and not believing in the future of bitcoin prices. When bitcoin got lowered it's value from $1200 to $200 levels, these kind of people were perfect with their actions. But in my opinion they will regret for their actions of selling time to time.

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December 26, 2015, 07:14:28 AM
 #386

I spend my bitcoins, obviously. I'm not going to keep them in long-term storage and let them sit there. If there's a price increase, then I'll definitely go for buying things that I need!

Many people are here with this kind of mind set and not believing in the future of bitcoin prices. When bitcoin got lowered it's value from $1200 to $200 levels, these kind of people were perfect with their actions. But in my opinion they will regret for their actions of selling time to time.

I can see most of inexperienced people doing that once the price drops don they sell BTC like crazy and regret it when price shoots up again, even I used to do that when I was new but I learnt a good lesson hard way and I am saving my BTC now .
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December 26, 2015, 09:49:47 PM
 #387

I used to do it earlier but now as 2016 is approaching all I am doing is buying on the dips as everybody knows that price will increase dramatically which would then lead to a huge profit booking from people who are invested for over 4 years just waiting for 2016 in the hopes of getting there price
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December 26, 2015, 10:20:43 PM
 #388

From experience i can say that spending yoru coins should be done when the price is high. Your buying power is a lot bigger then.

With the price sinking now, I would probably not buy anything but wait for the price to increase (to spend) or decrease (to buy more bitcoins).

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December 28, 2015, 08:41:52 AM
 #389

From experience i can say that spending yoru coins should be done when the price is high. Your buying power is a lot bigger then.

With the price sinking now, I would probably not buy anything but wait for the price to increase (to spend) or decrease (to buy more bitcoins).

But there are few places where prices in Bitcoins fluctuate based on USD values, so not much difference IMHO.
So, if profit only is the motto in buying sense too, then one can't simply buy anything because we don't know actual value of our coins (speculatively).

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December 28, 2015, 10:55:33 AM
 #390

I spend some actively bitcoin for transferring of money as it is reliable more convenient,cost effective and faster than existing methods.This is main use of spending at the moment.

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December 28, 2015, 10:55:44 AM
 #391

I would like to spend my Bitcoin at stores actively but in my country is not possible this facility right now.What I spend for right now is online gambling and some sort of digital services.
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December 28, 2015, 10:58:16 AM
 #392

Yes I do spend actively.I am also seeking to convert all my funds into bitcoin.Bitcoin will show us more opportunity and freedom next year when it comes to talk about spending on both online and offline store.

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December 28, 2015, 11:41:56 AM
 #393

i've spent another amount on purse.io, feel really great to save money by using bitcoin it's the ebst combination, that should be adopted by any major merchant that is accepting bitcoin to encourage more adoption

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December 28, 2015, 05:30:58 PM
 #394

I use the funds in my 401G wallet (the name of my bitcoin wallet that I use for gambling/gaming) to play on bitcoin poker and casino sites online.
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December 28, 2015, 07:03:11 PM
 #395

I keep all of the coins I mine, I expect them to increase in value dramatically next year with the halving.  If I need to purchase something with btc I'll buy some outright, then use that for the purchase.
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December 28, 2015, 07:39:33 PM
 #396

Last week i bought some bitcoins to buy some accounts on several sites (no adult Smiley)).
The moment you sent the money, it feels you are doing something good, at least it felt good for me Wink
Newcoins2020
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December 28, 2015, 07:43:02 PM
 #397

Every week i spend some bitcoins on smokes.
Sometimes i pay for goods like clothing and perfume too.

My fear though is that when paying a site just dissapears. We really need an official bitcoin audit party,.
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December 29, 2015, 07:45:04 AM
 #398

I spent bitcoins but not on E-shopping sites,i basically use my bitcoins for purchasing domains,top up my phone and gift vouchers..i never sell my bitcoins though..whatever i earn or make in btc's i spend them Cheesy

Great me as well Paying bills through online using bitcoins. I use purchasing products in amazon thorugh bitcoins.
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December 29, 2015, 04:26:42 PM
 #399

of course, but it was to meet my needs, if not I just save it, but if it is necessary then I will immediately spend it, for my ambition  Grin



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December 29, 2015, 05:11:54 PM
 #400

i've spent another amount on purse.io, feel really great to save money by using bitcoin it's the ebst combination, that should be adopted by any major merchant that is accepting bitcoin to encourage more adoption

So you have already used purse.io multiple times? I've read some negative reviews about the said site regarding to credit card fraud which made me hesitant to spend my bitcoins there. But purse.io will be a really good place to actively spend someone's bitcoin, I'd love to but I'm still looking to disprove the negative review.
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