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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)
adomers
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April 17, 2016, 03:43:35 PM
 #1341

Sometimes i spend a few bucks. But mostly they are for holding.

I am not spending bitcoin, I am just going to hold my bitcoin is the best choice for me than just spending it.
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davinchi
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April 17, 2016, 07:00:51 PM
 #1342

i don't know if can call my spending actively but in fact i do spend my bitcoins, and as much as i want to reduce the amount i spend these days because of the price rise i am afraid it has grown bigger but i am still glad that i can spend bitcoin instead of fiat in some cases, and i hope those cases get more and more.
I believe people who actively spend bitcoin in daily are a gambler, recently many gambling sites accept bitcoin popping up and being favorite to bet using bitcoin because some reason like easy transfer etc.

I myself do it too, spend bitcoin in casino and sometimes spend it for have fun in bitcoin cam girl site Cheesy
Gambling is more of an investment rather than expense but gambling everyday is too risky. Do you always earn a profit by investing in gambling websites? I don't spend my bitcoins and rather trade them and withdraw my profit. If that's also counted as spending, I do this almost thrice every week.
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April 18, 2016, 12:56:21 AM
 #1343

No I do not ever spend any bitcoins of mine. I just save them so I can later on sell them. That is really the only reason I am making use of Bitcoin at the moment. If I spend them I will just regret it later on when the price goes up I will be like "I should have saved them".

Well that's true.. if you are into the price, you should keep it and while you can still buy, buy a few at a time..after all everyone is thinking the same, to keep coins and sell it when the price is high..

I think too much holding will be bad for bitcoin. We should have some coins reserve for revolving the funds. This way, transactions will not lessen and the price will go up faster. If all of us are holding, bitcoins price will be static and may go down.
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April 18, 2016, 05:10:23 AM
 #1344

i don't know if can call my spending actively but in fact i do spend my bitcoins, and as much as i want to reduce the amount i spend these days because of the price rise i am afraid it has grown bigger but i am still glad that i can spend bitcoin instead of fiat in some cases, and i hope those cases get more and more.

I think that is a brave way of dealing on how you can spend it for good. Actually you are doing a lot for bitcoin. If businesses see that there are many people using it for payment then there might be a chance that other companies would adopt it.
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April 18, 2016, 05:38:42 AM
 #1345

Sometimes i spend a few bucks. But mostly they are for holding.
I can conclude that people prefer to save and hold than spending theit bitcoin. or perhaps they prefer to shop using fiat. I know it because I do it too LOL
I rarely shop using bitcoin


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April 18, 2016, 07:21:10 AM
 #1346

Sometimes i spend a few bucks. But mostly they are for holding.
I can conclude that people prefer to save and hold than spending theit bitcoin. or perhaps they prefer to shop using fiat. I know it because I do it too LOL
I rarely shop using bitcoin

I think many people holding their bitcoins because halving is close now. So people holding their bitcoin until the price of bitcoin increase when halving is coming.
armansolis593
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April 18, 2016, 07:47:17 AM
 #1347

Sometimes i spend a few bucks. But mostly they are for holding.
I can conclude that people prefer to save and hold than spending theit bitcoin. or perhaps they prefer to shop using fiat. I know it because I do it too LOL
I rarely shop using bitcoin

I think many people holding their bitcoins because halving is close now. So people holding their bitcoin until the price of bitcoin increase when halving is coming.

Yeah i think so too,that they are not actively spending their bitcoins right now and just waiting for the halving to come before they will use their bitcoin again.
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April 18, 2016, 07:52:34 AM
 #1348

well 1 just booze my salaries..lols.. as a student realy im not still in the mindset of creating investment cause 500 per week is just too hard to stack.
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April 18, 2016, 01:06:16 PM
 #1349

Sometimes i spend a few bucks. But mostly they are for holding.
I can conclude that people prefer to save and hold than spending theit bitcoin. or perhaps they prefer to shop using fiat. I know it because I do it too LOL
I rarely shop using bitcoin

I think many people holding their bitcoins because halving is close now. So people holding their bitcoin until the price of bitcoin increase when halving is coming.

Yeah i think so too,that they are not actively spending their bitcoins right now and just waiting for the halving to come before they will use their bitcoin again.

Yes many bitcoin user now dont spend or sell their bitcoin they are stocking or hoarding bitcoin so they can earn. Big for halving event comes and thats a wise choice for them because if the price rise is coming they will surely benifited by that. But sadly i dont have bitcoin for now because in spend it already.


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sured44
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April 18, 2016, 01:14:03 PM
 #1350

I spend them actively and not just holding them, I find them a very easy, direct and good to use cryptocurrency. It is very useful,,
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April 18, 2016, 01:17:22 PM
 #1351

Yes I do actively spend my Bitcoins. Sometimes to rent a rig, or buying pizza.

Just today I sold some because bars don't accept Bitcoins yet here but they do have sunny terraces where for some reason the beer tastes better than behind my couch.

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adomers
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April 18, 2016, 01:25:58 PM
 #1352

Yes I do actively spend my Bitcoins. Sometimes to rent a rig, or buying pizza.

Just today I sold some because bars don't accept Bitcoins yet here but they do have sunny terraces where for some reason the beer tastes better than behind my couch.

 I spend my bitcoins for same like mobile recharge and converting bitcoins to fiat currency when I am in need of my local currency to take care of my basic expenses and also online transfers in my bank account is the best thing with bitcoins as it is very quick
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April 18, 2016, 02:10:42 PM
 #1353

I am actively looking for merchants that accept bitcoins. Of course I will treat bitcoin as real money and will not waste it in things that I do not need.
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April 18, 2016, 02:55:21 PM
 #1354

I am actively looking for merchants that accept bitcoins. Of course I will treat bitcoin as real money and will not waste it in things that I do not need.


Actually a lot of us are looking for different ways to spend it. Looking for merchants is the hard part though there are some online but they only have few things for sale. You cant pick what you actually want. Thats is the problem for now.
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April 18, 2016, 03:02:58 PM
 #1355

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
Yeah I also have only spend some Bitcoins to do some online shopping but that's it. There are not many stores that accept Bitcoin so I have no option but to save my Bitcoins. Maybe if there were more stores that except Bitcoin I would spend more.
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April 18, 2016, 03:12:44 PM
 #1356

I believe majority of people don't spend coins, maybe trading with them or something else but only small
number of users actively spending bitcoin as money. Expectations are very high these days.

Yes that is true as majority of us feels that price will be higher at the time of halving so no one wants to spend their coins at a moment.


Yeah people who are using bitcoin now have been waiting for the halving if it werent for the halving maybe users will just trade and invest their bitcoin daily.
yeah because many people buy bitcoin for the purpose of investment so that's why they do not spend bitcoin or shopping with bitcoin. they just want to get benefit and profit from rising prices later.
The profits will be pulled to the bank fiat most people do it
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April 18, 2016, 03:15:07 PM
 #1357

I believe majority of people don't spend coins, maybe trading with them or something else but only small
number of users actively spending bitcoin as money. Expectations are very high these days.

Yes that is true as majority of us feels that price will be higher at the time of halving so no one wants to spend their coins at a moment.


Yeah people who are using bitcoin now have been waiting for the halving if it werent for the halving maybe users will just trade and invest their bitcoin daily.
yeah because many people buy bitcoin for the purpose of investment so that's why they do not spend bitcoin or shopping with bitcoin. they just want to get benefit and profit from rising prices later.
The profits will be pulled to the bank fiat most people do it


I think people are spending it digitally and they are holding only because they are not finding any physical place to spend it, but holding at a moment is the best thing to do.
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April 18, 2016, 03:21:12 PM
 #1358

I spend usually a part of my bitcoins and i try to hold the remaining because i expect that the Bitcoin's price will increase highly in the near future. Spending all the coins isn't profitable because if the price rise to the moon we lose a great opportunity.
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April 18, 2016, 03:41:59 PM
 #1359

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
Yeah I also have only spend some Bitcoins to do some online shopping but that's it. There are not many stores that accept Bitcoin so I have no option but to save my Bitcoins. Maybe if there were more stores that except Bitcoin I would spend more.

How about exchanging it to your fiat currency? Many people still don't have access to those bitcoin accepting merchants but still can purchase their desired goods by converting their bitcoin to fiat.

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April 19, 2016, 09:18:59 AM
 #1360

Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
Yeah I also have only spend some Bitcoins to do some online shopping but that's it. There are not many stores that accept Bitcoin so I have no option but to save my Bitcoins. Maybe if there were more stores that except Bitcoin I would spend more.
Around this time I am not spending because I think and hope that it will be more worth later so I can buy more for it and that would be nice for me and for the most people.
The only thing is that you can never predict what will happen with Bitcoins and that is quite bad.
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