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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 256344 times)
n0ne
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March 02, 2016, 09:12:27 AM
 #941

is it using bitcoin for gambling and trading or other activities. included in spending bitcoin?
because I used to gamble. means I often spend bitcoin. everyday ?


the important thing is that you spend your bitcoin, and after that you buy more, whit this the market has always market demand and this help fot the price to not dump
It is now not so smart to spend your Bitcoin. I think that the value is not good enough to spend your Bitcoins now.
I hope later that more people will also use some Bitcoins and knows how it works. You can spend later your Bitcoin when the value is higher.

this is right of course, but if all the  people buy and hodl  there will not be increased in value, my opinion is to spend some and hodl some in final  Grin
Its not good to spend your Bitcoins now around this time. The value is not good. You wont get much money for it.
But you never know what can happen later in the future. But you can now see that the value is rising now slowly.

But its better to spend bitcoin when the value pumps up i mean after the pump because most of us waits and then when the value starts going down we sell our bitcoin that moment rather than that when the value is at peak just spend it or sell it.

Yeah, its always better to keep on spending rather then keeping it idle, if the price is higher then your initial buy then you should sell it and make some quick profit from it.

Spending actively is better than keeping it idle, but the bad thing I found is there is not much ways available to spend the earned bitcoins actively.

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March 02, 2016, 09:42:52 AM
 #942

is it using bitcoin for gambling and trading or other activities. included in spending bitcoin?
because I used to gamble. means I often spend bitcoin. everyday ?


the important thing is that you spend your bitcoin, and after that you buy more, whit this the market has always market demand and this help fot the price to not dump
It is now not so smart to spend your Bitcoin. I think that the value is not good enough to spend your Bitcoins now.
I hope later that more people will also use some Bitcoins and knows how it works. You can spend later your Bitcoin when the value is higher.

this is right of course, but if all the  people buy and hodl  there will not be increased in value, my opinion is to spend some and hodl some in final  Grin
Its not good to spend your Bitcoins now around this time. The value is not good. You wont get much money for it.
But you never know what can happen later in the future. But you can now see that the value is rising now slowly.

But its better to spend bitcoin when the value pumps up i mean after the pump because most of us waits and then when the value starts going down we sell our bitcoin that moment rather than that when the value is at peak just spend it or sell it.

Yeah, its always better to keep on spending rather then keeping it idle, if the price is higher then your initial buy then you should sell it and make some quick profit from it.

Spending actively is better than keeping it idle, but the bad thing I found is there is not much ways available to spend the earned bitcoins actively.

Yes its pretty hard to find something where you can spend in, I also like the idea to just invest your idle coins in something, because in my opinion that is also spending right ?
I think its good to just spend and sell coins because that is why the price is also going because of the people that sell and buy.
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March 02, 2016, 10:30:16 AM
 #943

The quote above is too long so I would just post a reply.  Yeah investing is also a way of spending. I think they also used what you invest for trading it. Just like how banks do it. But it is just riskier here. For there are things that happening in the past and up until now. You better just buy a lot of it and exchange in your own way.





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March 02, 2016, 10:59:33 AM
 #944

For me no I dont actively spend bitcoin for nothing. I want to earn more of it they save it only if ever there are emergency cases that I really need to do so. Most of the people are not actively spending their bitcoins, being smart for investment is a best thing.

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March 02, 2016, 11:58:28 AM
 #945

For me no I dont actively spend bitcoin for nothing. I want to earn more of it they save it only if ever there are emergency cases that I really need to do so. Most of the people are not actively spending their bitcoins, being smart for investment is a best thing.

Yeah, I think holding at a moment is the wiser thing to do, and the people who views it as an investment would surely prefer not to spend their bitcoins and hold if for the future.

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March 02, 2016, 12:08:37 PM
 #946

For me no I dont actively spend bitcoin for nothing. I want to earn more of it they save it only if ever there are emergency cases that I really need to do so. Most of the people are not actively spending their bitcoins, being smart for investment is a best thing.

That's good...
Also, there are good chances of trading this BTC thing which is growing day-by-day nowadays and growing our coins by doing this is the best ting one can do saving their coins...

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March 02, 2016, 02:43:55 PM
 #947

For me no I dont actively spend bitcoin for nothing. I want to earn more of it they save it only if ever there are emergency cases that I really need to do so. Most of the people are not actively spending their bitcoins, being smart for investment is a best thing.

That's good...
Also, there are good chances of trading this BTC thing which is growing day-by-day nowadays and growing our coins by doing this is the best ting one can do saving their coins...
Indeed. I am also not spending my Bitcoins. I hope that it will be more worth later that will be so nice.
But you never know what can happen later in the future. But you can now see that the value is rising slowly.
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March 02, 2016, 02:45:01 PM
 #948

I actively spend my bitcoin for recharging my mobile and may family connection also. apart from that i do little bit sports betting balance i keep in savings.

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March 02, 2016, 03:12:48 PM
 #949

For me no I dont actively spend bitcoin for nothing. I want to earn more of it they save it only if ever there are emergency cases that I really need to do so. Most of the people are not actively spending their bitcoins, being smart for investment is a best thing.

I was trying to do the same thing cuz I believe that will be a wise decision but I can't help my self spending my bitcoins from time to time especially when there are great deals Grin


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March 02, 2016, 03:19:26 PM
 #950

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.

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March 02, 2016, 03:35:59 PM
 #951

No I do not actively spend my bitcoins because the halving is coming this year so I think it would be stupid to now buy things with your bitcoins.
I'm just holding them now in a storage so I can make a lot of profit later.
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March 02, 2016, 03:59:25 PM
 #952

No I do not actively spend my bitcoins because the halving is coming this year so I think it would be stupid to now buy things with your bitcoins.
I'm just holding them now in a storage so I can make a lot of profit later.

That's the best thing to do, as spending at a moment will not be profitable as the price is not not that high, so if you hold right now and sell it after halving would be much better thing to do to earn good profits.
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March 02, 2016, 04:07:05 PM
 #953

i spend my bitcoin maybe 3-5times perweek for top up my number phone, today very hard to find merchand accept bitcoin near from my place

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March 02, 2016, 04:18:52 PM
 #954

i spend my bitcoin maybe 3-5times perweek for top up my number phone, today very hard to find merchand accept bitcoin near from my place

In my country there are people who accept bitcoin for top up phone number. and i spend my bitcoin for it too, and some of my bitcoin is spend it on steam wallet.
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March 02, 2016, 06:43:06 PM
 #955

i used to before, i spend it with both digital and physical stuffs and sometimes use it to buy fast food but just right now I have decided to stop and hold it for some time due to the speculations in this coming halving. i am also positive  that it will have a big effect to bitcoin's price
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March 02, 2016, 08:48:55 PM
 #956

i used to before, i spend it with both digital and physical stuffs and sometimes use it to buy fast food but just right now I have decided to stop and hold it for some time due to the speculations in this coming halving. i am also positive  that it will have a big effect to bitcoin's price

Yeah, that's true halving will effect the price of bitcoins so its good to hold for now, as even spending would not be profitable as the price is not high, it would be great if we can hold till the halving.

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March 02, 2016, 09:10:16 PM
 #957

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.
There is always a question for me that what is the normal price and when the price is low and which what criteria do people say price is high or low.



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March 02, 2016, 09:54:38 PM
 #958

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.
There is always a question for me that what is the normal price and when the price is low and which what criteria do people say price is high or low.

Correct, no one can predict that what is the lowest price or what is the higher price of bitcoin, as it keeps on moving up and down on daily basis, there is no such right time to buy or sell I guess.
uname
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March 02, 2016, 10:59:19 PM
 #959

I actively spend my bitcoin for recharging my mobile and may family connection also. apart from that i do little bit sports betting balance i keep in savings.
yeah same here. I also often top up my phone. many sites top up pulse who accept bitcoin as a payment method. I wish it could be more stores in addition to top up

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March 03, 2016, 08:59:00 AM
 #960

I actively spend my bitcoin for recharging my mobile and may family connection also. apart from that i do little bit sports betting balance i keep in savings.
yeah same here. I also often top up my phone. many sites top up pulse who accept bitcoin as a payment method. I wish it could be more stores in addition to top up

Yeah and its always good to spend your bitcoins, we are earning it for spending, same like fiat, we get the salary and that improves our standard of living, and with bitcoins we can improve our standard of living as it is adding value to our wealth.
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