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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 257557 times)
iram66680
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March 17, 2016, 10:14:18 AM
 #1101

These days I'm gambling a lot, so I spend my Bitcoin but you can call it investment too. Because I usually win and get back more coins. I only play for the most possible (guaranteed) bets. If I need something digital I'd use my Bitcoin to buy too.
What are these guaranteed bets that you are talking about? Sports bets, but those are really not guaranteed even if you have a team that is the top, they will eventually lose some time. And you better hope you don't put a lot on them at that time of defeat.

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March 17, 2016, 10:16:48 AM
 #1102

These days I'm gambling a lot, so I spend my Bitcoin but you can call it investment too. Because I usually win and get back more coins. I only play for the most possible (guaranteed) bets. If I need something digital I'd use my Bitcoin to buy too.
What are these guaranteed bets that you are talking about? Sports bets, but those are really not guaranteed even if you have a team that is the top, they will eventually lose some time. And you better hope you don't put a lot on them at that time of defeat.


I think he meant to say is that a percent to win is higher like 80/20 percent.
Sport betting really give you advantage and most of all in 10 bet you can win 7-8 times.
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March 17, 2016, 03:18:12 PM
 #1103

These days I'm gambling a lot, so I spend my Bitcoin but you can call it investment too. Because I usually win and get back more coins. I only play for the most possible (guaranteed) bets. If I need something digital I'd use my Bitcoin to buy too.
What are these guaranteed bets that you are talking about? Sports bets, but those are really not guaranteed even if you have a team that is the top, they will eventually lose some time. And you better hope you don't put a lot on them at that time of defeat.


I think he meant to say is that a percent to win is higher like 80/20 percent.
Sport betting really give you advantage and most of all in 10 bet you can win 7-8 times.

Yes sport betting is good if you have proper knowledge of that particular sport, then you can make some money out of it, but again anything is possible in gambling, nothing is guaranteed.
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March 17, 2016, 03:26:15 PM
 #1104

Yes I do, why not if we need to buy some necessary and spend some our balance in bitcoin wallet. But hold it also  great idea and will more profit

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March 17, 2016, 03:43:50 PM
 #1105

Im not actively spending my coins due to the fact that it's all only in my trading method.

As much as I can I don't want to convert my coins into fiat.
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March 17, 2016, 03:48:39 PM
 #1106

Its not that good to spend your coins now around this time. You will be not good if you spending now.
Because the value is quite low. And people are making an investment. And you are spending. That is not good. It is better to wait for a better value.
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March 17, 2016, 04:25:05 PM
 #1107

Its not that good to spend your coins now around this time. You will be not good if you spending now.
Because the value is quite low. And people are making an investment. And you are spending. That is not good. It is better to wait for a better value.

How do you say it's low? How can you considered the price as low?

Well other person need to spend their coins around the current price rate so disregarding the rates they will convert it.
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March 17, 2016, 04:34:16 PM
 #1108

I actively spend some bitcoins at gambling websites once in a while, other than that I don't use them for anything else, I don't shop a lot online and when I do, the stores I buy from do not accept Bitcoins currently so there isn't much choice and I have trust issues so I don't want to shop at new establishments, also since bitcoins scams are so common.
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March 17, 2016, 04:48:02 PM
 #1109

As of this moment I havent spend any bitcoins for there is a standard amount that I can withdrawn through my wallet. I am still on process of earning more for bitcoin but sooner I will actually spend them for basic needs  that we need at home. Still doing my very best for posting..

haileysantos95
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March 17, 2016, 04:55:07 PM
 #1110

As of this moment I havent spend any bitcoins for there is a standard amount that I can withdrawn through my wallet. I am still on process of earning more for bitcoin but sooner I will actually spend them for basic needs  that we need at home. Still doing my very best for posting..

Me too i only withdraw my coin if there is lack in my basic need but other than that i dont withdraw my bitcoins and i just let it sleep there.
I think its a good thing if i just let it in my wallet maybe the price will go up someday.
agustina2
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March 17, 2016, 04:58:01 PM
 #1111

As of this moment I havent spend any bitcoins for there is a standard amount that I can withdrawn through my wallet. I am still on process of earning more for bitcoin but sooner I will actually spend them for basic needs  that we need at home. Still doing my very best for posting..

Me too i only withdraw my coin if there is lack in my basic need but other than that i dont withdraw my bitcoins and i just let it sleep there.
I think its a good thing if i just let it in my wallet maybe the price will go up someday.

If you are not that type of a person that circulate much the coins then your current doings is just fine. And yes expect price increase because no doubt it will happen. Smiley
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March 17, 2016, 07:29:16 PM
 #1112

As of this moment I havent spend any bitcoins for there is a standard amount that I can withdrawn through my wallet. I am still on process of earning more for bitcoin but sooner I will actually spend them for basic needs  that we need at home. Still doing my very best for posting..

Me too i only withdraw my coin if there is lack in my basic need but other than that i dont withdraw my bitcoins and i just let it sleep there.
I think its a good thing if i just let it in my wallet maybe the price will go up someday.
I try to but some stuff when I find trust but it is a pitfall for bitcoin that many of owners cannot find enough trusted shops.

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March 17, 2016, 07:45:52 PM
 #1113

I am spending my cons on gambling and converting it to fiat when I feel that price is comparatively good, I don't believe only in holding, I am spending it because i am earning it.
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March 18, 2016, 04:09:37 PM
 #1114

I am spending my cons on gambling and converting it to fiat when I feel that price is comparatively good, I don't believe only in holding, I am spending it because i am earning it.

Yes by taking profit every price fluctuates we can earn more than waiting for that much long. It's nice to hold but I don't want to hold for example waiting for halving. That is really a joke for me. I can make more money if I will not wait since I can still accumualte coins if ever the price will increase during halving.
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March 18, 2016, 05:56:36 PM
 #1115

I am spending my cons on gambling and converting it to fiat when I feel that price is comparatively good, I don't believe only in holding, I am spending it because i am earning it.

Yes by taking profit every price fluctuates we can earn more than waiting for that much long. It's nice to hold but I don't want to hold for example waiting for halving. That is really a joke for me. I can make more money if I will not wait since I can still accumualte coins if ever the price will increase during halving.

But sometime we regret if we just use the money without predicting about  btc. I wait and see once the money is increasing and it reach to the level what is expected i use it.
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March 18, 2016, 06:43:01 PM
 #1116

I am spending my cons on gambling and converting it to fiat when I feel that price is comparatively good, I don't believe only in holding, I am spending it because i am earning it.

Yes by taking profit every price fluctuates we can earn more than waiting for that much long. It's nice to hold but I don't want to hold for example waiting for halving. That is really a joke for me. I can make more money if I will not wait since I can still accumualte coins if ever the price will increase during halving.

But sometime we regret if we just use the money without predicting about  btc. I wait and see once the money is increasing and it reach to the level what is expected i use it.

The price will go high in next couple of months and we are hoping that we will see better price at the time of halving but just don't hold it, keep it spending.
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March 22, 2016, 09:18:25 AM
 #1117

I am spending my cons on gambling and converting it to fiat when I feel that price is comparatively good, I don't believe only in holding, I am spending it because i am earning it.

Great speech. Yes that is true, you earned it so you use it. It is your own and no one can stop you from spending it. That is the reason why some people are here to get something and spend it with free will.
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March 24, 2016, 08:46:20 AM
 #1118


for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

of course that i spend them, i nobody would use them, bitcoin would be dead, no stores would accept him and price would fall,  yes i buy cheap and sell expensive but  i also spend them day by day because easy to pay with them
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March 24, 2016, 08:47:32 AM
 #1119

That's like asking if i actively peruse stepping in bear traps or if I enjoy the taste of burnt human flesh in the morning...

No I'm not a sadist, my BTC is nice and safe until they are worth at least a thousand each again!

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March 24, 2016, 09:14:41 AM
 #1120

That's like asking if i actively peruse stepping in bear traps or if I enjoy the taste of burnt human flesh in the morning...

No I'm not a sadist, my BTC is nice and safe until they are worth at least a thousand each again!

Price of bitcoin is waited to arrive in amounts unimaginable in our times? Even this cannot be verified for sure might be verified hopefully the half of that price or the half of the half of that unimaginable price. And yet it will be enormous.
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