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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 257620 times)
mrhelpful
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January 26, 2016, 06:51:05 AM
 #561

There are many services/merchants/shops accepting bitcoin right now, and the number is growing. The problem is that usually payment with bitcoin is not widely announced and are often hidden under debit/credit, paypal and bank transfer method of payment.

If you are a bitcoin enthusiast, you will learn to dig them out.  Smiley

Eventually you`ll have to lol.

I mean yeah keep some for reserve, but if youre really trying to hedge money for profit, you`ll use bitcoin itself as a advantage since its not a "legit currency" to peoples eyes.

I use it all the time to buy and sell things that only accept bitcoin that end up being one way to cash out without worrying the value drop.
DeDordtenaar
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January 26, 2016, 07:21:25 AM
 #562

not too often, only every month to renew the domain and hosting


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delliaerd
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January 26, 2016, 08:12:10 AM
 #563

Im not always spend my bitcoin actively , only for important needs i exchange my bitcoin to my currency.
 Actually, i want to keep my bitcoin until the price increases high enough.

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avw1982
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January 26, 2016, 08:19:24 AM
 #564

I bought some t-shirts the other day. it's really annoying to find so hard for a company/shop which accepts bitcoin.
Let's hope this will change.

If it doesn't change, the value of bitcoin will eventually plummet.
still a few merchants who accept bitcoin as a payment option, you can not freely use bitcoin, it makes a lot of people have to first convert it to fiat money, to buy something
I think there needs to be a large deployment of bitcoin

Yes you are right. The bitcoin transaction is quite hard with some web stores where they are taking a huge sum for the transaction purpose which is very low when we get them converted and added to our bank wallets. I think only when the user rate gets increased the transaction charges in term of bitcoins gets reduced, which will benefit user more than what it is at present.
Nameless Coin
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January 26, 2016, 09:27:11 AM
 #565

Yes, I buy quite a lot with bitcoins, as there are not so many sites that use this payment method. Nowadays I see more and more from websites which accept bitcoins.
Newcoins2020
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January 26, 2016, 10:17:49 AM
 #566

for the moment i use it to buy things from amazon whit purse, and whit the amount that i saved, i buy other bitcoin!

I think maybe its better to save you Bitcoin. Because I heard that Bitcoin will be more valuable

And if you wait you can sell it or invest it later.
Pollak
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January 26, 2016, 02:40:55 PM
 #567

Yes, I buy quite a lot with bitcoins, as there are not so many sites that use this payment method. Nowadays I see more and more from websites which accept bitcoins.

You're right about that more websites who accept it, but I think so bitcoins will be worth more.
So maybe it makes sense to keep it.


Narosya
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January 29, 2016, 10:27:33 PM
 #568

Yes, I buy quite a lot with bitcoins, as there are not so many sites that use this payment method. Nowadays I see more and more from websites which accept bitcoins.

You're right about that more websites who accept it, but I think so bitcoins will be worth more.
So maybe it makes sense to keep it.



Hold most and use some. The usage will increase the value of bitcoin as it makes bitcoin useful. If we have oil bitcoin, the price will be very high.
BTCBinary
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January 29, 2016, 10:30:39 PM
 #569

Even though I'm holding some I also try to use my bitcoin to pay for services and buy stuff whenever I can. That way I know I'm helping bitcoin grow as a real currency
Anddos
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January 29, 2016, 11:45:31 PM
 #570

Well, it's money isn't it? It's meant to be spent. And seeing how much bitcoin fluctuates nowadays I don't think it's a good idea to keep it under the mattress.

Rizky Aditya
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January 30, 2016, 12:17:55 AM
 #571

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
Sourgummies
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January 30, 2016, 12:25:27 AM
 #572

Well, it's money isn't it? It's meant to be spent. And seeing how much bitcoin fluctuates nowadays I don't think it's a good idea to keep it under the mattress.
Yeeeep! You shouldn't keep 100% of your bitcoins in long-term storage. Obviously, you don't want to spend all the money - hold on in case the price goes skyrocketting, but you can spend some money on expenses occasionally. Of course, you should also try trading and seek out some profit that way too
blackmachinegun
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January 30, 2016, 01:17:24 AM
 #573

for the moment i use it to buy things from amazon whit purse, and whit the amount that i saved, i buy other bitcoin!
hey mate. is it amazon accepted bitcoin as payment method ? i just know it now
I want to try the truth, hopefully, ebay follow it too add bitcoin
joinal
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January 30, 2016, 01:44:24 AM
 #574

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

FerrariF50
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January 30, 2016, 01:45:40 AM
 #575

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
Rizky Aditya
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January 30, 2016, 01:55:33 AM
 #576

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
That is very true. Especially on this forum, pretty much all the signature campaigns are for gambling sites.
greBit
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January 30, 2016, 09:15:20 AM
 #577

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
That is very true. Especially on this forum, pretty much all the signature campaigns are for gambling sites.

Yes most of us spend Bitcoin in gambling but I do spend it for trading and online shopping I know few Ecommerce site who accept Bitcoin
sakira
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January 30, 2016, 10:12:20 AM
 #578

I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
That is very true. Especially on this forum, pretty much all the signature campaigns are for gambling sites.

Yes most of us spend Bitcoin in gambling but I do spend it for trading and online shopping I know few Ecommerce site who accept Bitcoin
yeah if i find online shopping sites that accept bitcoin, better shopping than I spent on gambling. What do you know which sites accept bitcoin? I know some sites, but it has a postage expensive because the delivery to my country quite far away, so I'm lazy for that.
Anddos
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January 31, 2016, 01:30:38 PM
 #579

Well, it's money isn't it? It's meant to be spent. And seeing how much bitcoin fluctuates nowadays I don't think it's a good idea to keep it under the mattress.
Yeeeep! You shouldn't keep 100% of your bitcoins in long-term storage. Obviously, you don't want to spend all the money - hold on in case the price goes skyrocketting, but you can spend some money on expenses occasionally. Of course, you should also try trading and seek out some profit that way too
Exactly. It's just common sense that you would use with real money as well. Things in real life also apply here.

randy8777
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January 31, 2016, 02:57:45 PM
 #580

for the first time in nearly 1.5 months i have spent some coins. i had to buy myself 2 hosting packages for a project i am currently working on. payment went through instantly without the need for a single confirmation.
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