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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 257560 times)
iamthesky
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February 29, 2016, 09:40:07 PM
 #921

The halving is near and people as far as i know are trying to hold as much as possible because we think that the price of bitcoin will increase maybe double than right now and no I'm not spending.

Yeah, majority of us doing the same that we are holding our bitcoins for the next couple of months, it is expected that price would be much higher after the halving.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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March 01, 2016, 06:46:25 AM
 #922

I don't spend much of the bitcoins. I save some for investment, But when i only spent some for emergency purposes like needs at home that will surely benefit my whole family. This is a matter of smart spending your bitcoins somehow I have to consider my future..

True. We are the same on how we used bitcoin. Actually it is still an active spending. Some bought and just let it be there for profit. We on the other side make use of it when it is needed.

I will just buy and hold most 90% of the coins. As I think the price will rise in long term. I will also use some coins.

Great. For the good circulation of bitcoin it also needs to be used. Yes, take that 10 percent profit then leave some for the great rise of bitcoin in the near future. That is one wise decision.
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March 01, 2016, 07:54:27 AM
 #923

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 ?
lrdeoliveira
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March 01, 2016, 07:58:05 AM
 #924

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
rogie07
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March 01, 2016, 08:03:03 AM
 #925

YES i invest my bitcoins in investing sites and ponzi but i usually cashout if i reach .5btc
tn211
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March 01, 2016, 08:08:32 AM
 #926

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.
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March 01, 2016, 08:11:23 AM
 #927

yes, just for some small things, investing and gambling. Im holding most of it for future..
lrdeoliveira
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March 01, 2016, 08:12:23 AM
 #928

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
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March 01, 2016, 09:52:42 AM
 #929

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.


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harizen
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March 01, 2016, 09:57:41 AM
 #930

YES i invest my bitcoins in investing sites and ponzi but i usually cashout if i reach .5btc

Another troll post here. Watch your post or you might get out of your campaign.

I will eat my words if you can show some proofs.

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Altynbekova
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March 01, 2016, 10:12:50 AM
 #931

No I do not actively spend my bitcoins I'm just holding them for a later moment I can sell them, maybe even at the end of this year because this year is a very good year for the bitcoin because of the halving that  is coming.
I think waiting is very good, spending can also be good of course but I'm not doing it.
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March 01, 2016, 11:30:26 AM
 #932

Yes to an extent, I am not using it to buy everything but there are multiple online sellers offering good items and only using bitcoin "that's reasonable since the fees are less".
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March 01, 2016, 02:56:05 PM
 #933

Its indeed not so smart to spend your coins. That will be so stupid now if you are now going to do that. The value isnt that high.
But you can also see that the value is rising very slowly and that is very good. I hope that it will rise for a long time.
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March 01, 2016, 06:32:29 PM
 #934

I spend my bitcoins whenever I need coins, I convert it to fiat and use fiat for my expenses, I know holding is a good option now as the price would be higher in next few months.
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March 01, 2016, 06:35:48 PM
 #935

I just bought some video games for like 20bucks
rest of my BTC is stored for the future.
To be true im waiting for halving, wonder what will happen then...
Up or down? Intreresting times we live in

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March 01, 2016, 08:04:02 PM
 #936

Not spending at a moment, have a high hopes from halving, so waiting for next couple of months, at present I am spending fiat on my basic expenses and keeping my bitcoins intact in digital wallet.

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March 01, 2016, 08:21:14 PM
 #937

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.
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March 01, 2016, 08:42:40 PM
 #938

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.
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March 02, 2016, 09:12:27 AM
 #939

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
 #940

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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