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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)
jkrules
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March 06, 2016, 04:04:25 PM
 #981

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.

funny,  even I was spending bitcoin usually in purchasing gadgets online 
But nowadays I am holding bitcoins to save for block halving.
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March 06, 2016, 04:22:03 PM
 #982

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.
yeah we will not know the future of bitcoin. but we can look at previous experience when the bitcoin price from $1 can reach $1000.
so I'm sure for the moment hold and sell in the future. but I'll sell when I need.

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March 07, 2016, 02:23:04 PM
 #983

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.
yeah we will not know the future of bitcoin. but we can look at previous experience when the bitcoin price from $1 can reach $1000.
so I'm sure for the moment hold and sell in the future. but I'll sell when I need.

Yeah, just hold it at a moment as we don't know what bitcoin holds us for future, either it will reach to the sky or it will simply disappear, but holding at a moment is the best thing to do.

Yes normally I do not dare to hold for long time, because we do not know what will happen in the future. but I tried to hold to wait for halving occurs.

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newcoins1978
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March 07, 2016, 03:03:11 PM
 #984

Its not smart now to spend your Bitcoins. The value is not even that high so you wont get much for it. It will be better if you wait a while.
I hope that more people are also waiting. So we can have some more money later in the future when the price is rising.
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March 07, 2016, 05:32:02 PM
 #985

Its not smart now to spend your Bitcoins. The value is not even that high so you wont get much for it. It will be better if you wait a while.
I hope that more people are also waiting. So we can have some more money later in the future when the price is rising.

That's actually a good idea and I am trying that as much as I can but we can't still avoid some incidents like for emergency. Even you are trying to save, once there is an emergency and you got nothing , you will be forced to touch your savings, that happened to me several times
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March 07, 2016, 05:37:55 PM
 #986

I have been holding, and was expecting to keep holding for a few years atleast, to see where the price ends up at. But its kinda boring and was thinking of using some of em.

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March 07, 2016, 06:33:57 PM
 #987

I do not spend my bitcoins active if I'm honest due to the fact the bitcoin will got to a high amount.
This is the time to just hold your bitcoins for a price increase that is coming this year because of the halving.
Also due to the fact, I've got 2 wallets for long term and a short term I really happy with it and its working well.

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March 07, 2016, 08:16:37 PM
 #988

I have been holding, and was expecting to keep holding for a few years atleast, to see where the price ends up at. But its kinda boring and was thinking of using some of em.

Yeah it will be boring. No fun of risking it or using as a means of online shopping and other stuffs. If you got a really good patience you could do it. Better think of it as a piggy bank for you to not use it.





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Zaun
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March 07, 2016, 09:49:37 PM
 #989

No I do not actively spend any bitcoins these days, well sometimes I do but only with low amounts.
Other than that I'm not spending any bitcoins because of the halving that is coming.
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March 07, 2016, 09:57:13 PM
 #990

I generally do not spend bitcoins arbitrarily.
Just try to hoard them as long as possible.
But when I need some fiat then I exchange them (although not often) and my main expenditure is when I buy any digital goods from the forum.


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techgeek
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March 07, 2016, 10:11:50 PM
 #991

Its not smart now to spend your Bitcoins. The value is not even that high so you wont get much for it. It will be better if you wait a while.
I hope that more people are also waiting. So we can have some more money later in the future when the price is rising.

The real unspoken question is how do you know there will be a massive buy order. And if there isnt, what then?

This is basically what everyones relying on, esp trying to gamble on peoples emotions on fear of missing out on bitcoin.

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March 07, 2016, 10:14:18 PM
 #992

I have been holding, and was expecting to keep holding for a few years atleast, to see where the price ends up at. But its kinda boring and was thinking of using some of em.

Depending on the level of "needed use". I would just hold 2 months more until this halving does happen and if it does spark a massive buy order.

Then hopefully you can recoup the time loss - or justify in your view a bit. Like I commented earlier, just be ready to sell regardless if there isnt a buy increase anyways.

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March 07, 2016, 11:37:17 PM
 #993

I'm sometimes spending bitcoins for low amounts payments, because its easy and I buy a lot of digital goods on this forum also so that is another reason.
I think its really easy and I'm also stimulating the bitcoin economy of course.
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March 08, 2016, 12:54:49 AM
 #994

I have been holding, and was expecting to keep holding for a few years atleast, to see where the price ends up at. But its kinda boring and was thinking of using some of em.

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
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March 08, 2016, 01:32:38 AM
 #995

I have been holding, and was expecting to keep holding for a few years atleast, to see where the price ends up at. But its kinda boring and was thinking of using some of em.

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

The sad truth is most of us have held for awhile.

And the price dream is always constantly talked about.. but yet we still hold this coin? lol. I pretty much sell it on the daily basis from my other business I get.
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March 08, 2016, 07:12:32 PM
 #996

I am spending it on gambling at a moment, as I think we should keep on spending our coins rather then keeping it useless in wallet and I also sell when I need fiat currency so I convert my bitcoins to my local currency.
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March 09, 2016, 10:29:59 AM
 #997

I am spending it on gambling at a moment, as I think we should keep on spending our coins rather then keeping it useless in wallet and I also sell when I need fiat currency so I convert my bitcoins to my local currency.

Yes, I think we should spend our bitcoins, I am spending for my mobile top up and buying some stuffs online, and also convert it to fiat at the time of emergencies.

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March 09, 2016, 11:17:34 AM
 #998

Its not that smart now to spend your coins indeed. The value is not that high so that is not smart to do that around this time.
I hope that we can all sell it later with profit that will be so good in the future.
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March 09, 2016, 11:18:53 AM
 #999

I am spending it on gambling at a moment, as I think we should keep on spending our coins rather then keeping it useless in wallet and I also sell when I need fiat currency so I convert my bitcoins to my local currency.

Yes, I think we should spend our bitcoins, I am spending for my mobile top up and buying some stuffs online, and also convert it to fiat at the time of emergencies.

I think this is good for the bitcoin economy, we need more volume, so it's important to use your bitcoin, then re-buy
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March 09, 2016, 11:24:40 AM
 #1000

Yes I actively spend my bitcoins mostly on clothes because they are cheaper when you pay with the bitcoin.
They are doing it at a local store near my place, its pretty nice if you ask me.
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