Do you actively spend your bitcoins?

[Piltover]

Spending your Bitcoins will be bad now around this time and that is because you can earn more money later if you are waiting for a nice value and price rise but that can takes a long time.
And the other thing is that you have to wait until it will become more acceptable and that can be also bad because you need patience for it.

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[DaddyMonsi]

That's true people with most bitcoins are the ones who are actively spending their bitcoins thru digital gambling especially now,
gambling with bitcoins it makes the people more convenient to gamble with the use of bitcoin.

I guess most of the those who uses Bitcoin are gamblers since there are more active gambling sites than online shops that accepts Bitcoin. I don't have the number to prove that but a gambler can spend 1 BTC or more in a day but an online shopper will not buy anything online worth 1 BTC in a day. Just my thoughts.

[wildan88]

Whenever I am in need of money, I sell some of my coins and convert it to my local currency, I haven't purchased anything online yet, as to buy anything fiat can take care off, so saving my coins for future.

yes it was good, and more fun to buy something in offline, because bitcoin is still limited to online payment.
I also do the same as you, switch to fiat and then go buy anything.

Well that's the fact that it is still limited to buy online with bitcoins because still many stores are not yet accepting it as their payment.
But I know it will happen soon that they will adopt bitcoin.

yeah it all depends on the user bitcoin, if all countries are already using bitcoin. the shop owner will not hesitate to accept bitcoin payments

[Chrismeister]

for tthis time now no i dont spent my bitcoina actually and that's because of the price drop. Why would people use bitcoins now if they got them for a higher price. Then they all will be stupid so don't ask stupid questions.

[sishendaoye]

I honestly do not spend them actively,  I think that spending them now is just not smart due to the fact the bitcoin has a very good future a head with the halving.

[Ziskinberg]

I honestly do not spend them actively,  I think that spending them now is just not smart due to the fact the bitcoin has a very good future a head with the halving.

Good idea of yours, you rather save it and hope for the price to substantially rise in the future. And brother, that is possible as the halving is nearing people are expecting for price to rise due to some realistic speculation in the community. You just need to understand the risk first, and if you have already embrace it then you are good to go, you will probably profit as long as you believe.

[praprata]

I sometimes spend some of my Bitcoin but I try to not do it to often because you know that they are worth some money and the value still can go up.
So I try to do it ass less as possible.

[sallymeeh27]

It is more on daily gambling habits actually, people who uses bitcoin came from the gambling industries and may next is in trading industries. With the advent of the online gambling sites now accepting bitcoins then there is a good exposure for bitcoins and expect in the future for more gambling sites to be establish,

Nowadays, very few people waste their coins on gambling. In 2011 and 2012, there were so few options available for users to spend their coins. Most of them tried their luck on sites such as Satoshi-Dice, since Bitcoin was not being accepted anywhere else. But the situation has changed now. Currently there are a lot of options to spend your coins.

Spending Bitcoin will be not the best thing that you can do and that is because the value is now not even that high and that must change soon.
If that will change soon than there will be a lot of people that is getting a lot of profit and that would be nice.

I dont really mind if i spend my bitcoin for this early stage as long as im using it for good, but my other ways where i spend my bitcoins is at gambling,tradings and investing and i think majority of us do the same way as i do, because thats the only use for bitcoin for now.

yes i think everyone is almost equal in spending bitcoin, especially bitcoin is still rare accepted at the online store, so it's mostly just using bitcoin to investing, gambling or better replace it to fiat.

Yes I am mostly active in spending my bitcoins it was a big help for me as well as to my sister. This bitcoin is what I always used whenever I am short of my salary and when pay day is still too far I encash them for daily needs to be able to come for work. I use them also to buy some food and drinks something which is necessary. Bitcoin has been a big help for me all though out and I am very thankful for the person who introduces me to this world. I should get some time to thank and treat that person someday for helping me until now.

[Chrismeister]

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.

on this moment i dont sell my coins just bought something with it but these time is not the best time to sell your coins. You can better wait a it longer you know he will rise allot after these month for sure.

[Dwelach]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

[diodio5]

There is no such store in my country. So the only option left with me is to spend my bitcoins on online stores. Also I preferably use third party transactions to purchase things online and to recharge my phone.

to top up mobile phones wherever it can be done at any sites that accept bitcoin. but to buy goods in physical form in the online shop needs many things like expensive shipping costs, tax when that arrived at the airport and other unexpected costs. purchase goods online at bitcoin is still quite difficult

[jamesl22]

There is no such store in my country. So the only option left with me is to spend my bitcoins on online stores. Also I preferably use third party transactions to purchase things online and to recharge my phone.

to top up mobile phones wherever it can be done at any sites that accept bitcoin. but to buy goods in physical form in the online shop needs many things like expensive shipping costs, tax when that arrived at the airport and other unexpected costs. purchase goods online at bitcoin is still quite difficult

Exactly, shipping costs are too high and is not affordable at this stage, so I am not buying anything with bitcoin online, and saving my coins for future so that can spend when things get easier.

[JesusHadAegis]

There is no such store in my country. So the only option left with me is to spend my bitcoins on online stores. Also I preferably use third party transactions to purchase things online and to recharge my phone.

to top up mobile phones wherever it can be done at any sites that accept bitcoin. but to buy goods in physical form in the online shop needs many things like expensive shipping costs, tax when that arrived at the airport and other unexpected costs. purchase goods online at bitcoin is still quite difficult

Exactly, shipping costs are too high and is not affordable at this stage, so I am not buying anything with bitcoin online, and saving my coins for future so that can spend when things get easier.

Is there no available online banking transactions in your place? Cause what i do is i convert  my btc to my fiat currency then i use atm or e-cash transactions for withdrawal. and it just takes some minutes. And that is how i would pay any bills.

[elyas772]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years

[terman45x]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years

Exactly there is no point in selling when price is lower, holding would be an better option and a moment spending is limited only for online stuffs and not to buy any physical stuffs.

[Bitblaster23]

As of now i just use it in trading and some of them are holding and wait for price increased.

[mandica]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years

I will use it when the price is high. That is the same as selling it but not sell directly. So it will help the usage.

[xIIImaL]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

Agree Even I do not spend a lot of bitcoin these days because the bitcoin is now gonna rise to a high amount so I'm holding them now. Although its good to spend bitcoins also to boost the economy because the bitcoin exist because of holders and spenders as well...

[Shibashi Dogemoto]

I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.

it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years

I will use it when the price is high. That is the same as selling it but not sell directly. So it will help the usage.

Yeah I think holding it will be good to hold our coins for some time at least till the halving  and its better not to spend our coins till we see the higher price.

[amine14madrid]

yep, phone topup and buy some steam games.