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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)
HarryKPeters
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March 03, 2016, 09:43:00 AM
 #961

It is not smart now to spend you Bitcoins. Why you will do that. The value is not that high so that wont be smart.
Its better to wait a while, and have some profit later. You never know what can happen later in the future.

But you can also now see that the value is slowly rising and that is very good.

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March 03, 2016, 10:13:26 AM
 #962

It is not smart now to spend you Bitcoins. Why you will do that. The value is not that high so that wont be smart.
Its better to wait a while, and have some profit later. You never know what can happen later in the future.

But you can also now see that the value is slowly rising and that is very good.

The value is stuck at 420 at a moment, but have a feeling that it will rise in next few months, so not spending and just holding, I am using fiat at a moment at the time of emergencies and keeping my bitcoins safe.
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March 03, 2016, 02:05:58 PM
 #963

If you think that the current price will give you profits especially if you did bought on $370 then just go make a profit and sold your coins now. The price is dipping so still you can buy again.

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March 03, 2016, 03:01:31 PM
 #964

No I do not actively spend my bitcoins, I want to hold them for the future because its very bright.
Also I do not have a lot of bitcoins so spending them would be stupid for me.
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March 04, 2016, 08:41:05 PM
 #965

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.
Its not smart to do that. Are there any reasons ? The value is not that high to sell it and that is not good.
I hope later that it will be more worth later and that we can sell it later with a lot of profit. That will be good.

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March 04, 2016, 09:39:57 PM
 #966

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.

You don't know that its value will rise so much that you'll get rich.
Anyways - it's money. it should be spent. And it also helps bitcoin economy.

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March 06, 2016, 09:38:04 AM
 #967

Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

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March 06, 2016, 11:47:06 AM
 #968

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.
i'd use bitcoin just like another currency/fiat, i spend it when i need, i save it when i don't need it,bitcoin is currency and the main function of currency is to pay something, whether you're holding it or spend it,both is smart

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March 06, 2016, 12:01:55 PM
 #969

i only spend bitcoin for gambling.. because its easy to deposit and withdraw. not like fiat bookmakers easy to deposit but hard to withdrawal they have KYC procedure,, document blabla ID,pasport WTF i only want to gambling not moving residence   Tongue Tongue Grin
lol yeah bitcoin provide facilities very easy for gambling and other activities. spend bitcoin is also very easy. I'm confused as to why people outside still says. that using bitcoin is difficult?


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March 06, 2016, 12:31:21 PM
 #970

i only spend bitcoin for gambling.. because its easy to deposit and withdraw. not like fiat bookmakers easy to deposit but hard to withdrawal they have KYC procedure,, document blabla ID,pasport WTF i only want to gambling not moving residence   Tongue Tongue Grin
lol yeah bitcoin provide facilities very easy for gambling and other activities. spend bitcoin is also very easy. I'm confused as to why people outside still says. that using bitcoin is difficult?

Yes, bitcoin is best when it comes to gambling, you can gamble even with small amount of bitcoins, and withdrawals are easy and fast without any long procedure.

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March 06, 2016, 01:36:25 PM
 #971

Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

So you mean faucets + signature campaign + gambling help you make $50 a day? That's impressive dude given that you are just doing it on free time, with that amount , I can do fulltime earnning bitcoins Grin Just wondering, what gambling game are you playing?


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March 06, 2016, 01:46:42 PM
 #972

Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

So you mean faucets + signature campaign + gambling help you make $50 a day? That's impressive dude given that you are just doing it on free time, with that amount , I can do fulltime earnning bitcoins Grin Just wondering, what gambling game are you playing?
He is obviously bluffing/bragging. The only way he can make that much is with signature campaign, with multiple accounts which will get his accounts banned at a point

In any case, you and me might have misunderstood him
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March 06, 2016, 01:50:36 PM
 #973

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..
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March 06, 2016, 02:03:07 PM
 #974

Yes I actively spend my bitcoins on mostly clothes for my kids, I think bitcoin will be the future of all currency's for sure.
Also the bitcoin payments are easy fast and mostly you will get a little discount on the website where I buy clothes for them because you are paying with the bitcoin.
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March 06, 2016, 02:07:33 PM
 #975

I am not spending a single bitcoin now, I am just holding it, as I think holding will make me rich in future as I will sell when the price is higher, So I will not spend at a moment.
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March 06, 2016, 02:10:21 PM
 #976

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..

I have tried it, use only my fiat from salary to buy anythings what i need. but My salary not enough, then i use my bitcoin for top up my number phone, to pay internet bill, and sometimes electricity cost.

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March 06, 2016, 02:18:47 PM
 #977

He is obviously bluffing/bragging. The only way he can make that much is with signature campaign, with multiple accounts which will get his accounts banned at a point

In any case, you and me might have misunderstood him

I don't think its a bluff since gambling was involved , $50 a day is possible but only if he's lucky. I might be wrong , let's wait for his clarification

Yes I actively spend my bitcoins on mostly clothes for my kids, I think bitcoin will be the future of all currency's for sure.
Also the bitcoin payments are easy fast and mostly you will get a little discount on the website where I buy clothes for them because you are paying with the bitcoin.
Kids clothes for bitcoins? May I know what's the site/shop?


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March 06, 2016, 02:27:29 PM
 #978

I am not spending a single bitcoin now, I am just holding it, as I think holding will make me rich in future as I will sell when the price is higher, So I will not spend at a moment.

Well if the price is high like now, it's also safe to spend it since you are cashing in your profits buy buying products. And thus helping the bitcoin eco system.
Right now i've bought some gadgets for my pc, which are quite cheap.
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March 06, 2016, 02:31:23 PM
 #979

I am not spending a single bitcoin now, I am just holding it, as I think holding will make me rich in future as I will sell when the price is higher, So I will not spend at a moment.

Well if the price is high like now, it's also safe to spend it since you are cashing in your profits buy buying products. And thus helping the bitcoin eco system.
Right now i've bought some gadgets for my pc, which are quite cheap.

Yes, if the price is higher then your expectation then you should spend your bitcoins, as only holding will not help, coins need to be rotated so that we can have higher value in future.
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March 06, 2016, 03:05:21 PM
 #980

No it is not good to spend your Bitcoin now around this time. There is no reason to do that. The value is not that high.
I hope later that more people will use Bitcoin and that the value will rise for a long time, that is very important to me.
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