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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 257549 times)
ckeith
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July 01, 2016, 06:43:18 AM
 #2301

Since Steam started accepting BTC, I've bought a game or two with my coins.
But usually I prefer not to spend Bitcoins and use fiat instead.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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July 01, 2016, 09:19:03 AM
 #2302

No i dont spent bitcoins i am holding them to wait when the price of the bitcoin rises up that high i will sell all
of my earned coins to be sure that i booked enough profit.
And on the other hand there are people like me, who are too much dependent on workers under them and hence have to pay them. Actually I have a team who earn together so yeah we spend bitcoins much actively even when price is high.
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July 01, 2016, 10:58:43 AM
 #2303

Since Steam started accepting BTC, I've bought a game or two with my coins.
But usually I prefer not to spend Bitcoins and use fiat instead.

I would say that you should control your spending your bitcoin for buying games on steam. Because if you run out of funds for this halving.
Then you are going to miss the chance of earning as you are holding your bitcoins.



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Rainbot
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July 01, 2016, 01:25:25 PM
 #2304

Can't say i have actively spend them but i kept buying more coins on ICO using the btcs I've earned online.
I didn't spend it like cashing out to fiat and buy tangible goods for now. They are just investments that i'm hoping to grow huge.

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July 01, 2016, 02:23:56 PM
 #2305

If it's can be called "spending", yes, i am gambling almost everyday and i am not so lucky but i hope that someday i will win big money anyway.

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July 01, 2016, 02:30:52 PM
 #2306

Since Steam started accepting BTC, I've bought a game or two with my coins.
But usually I prefer not to spend Bitcoins and use fiat instead.

I would say that you should control your spending your bitcoin for buying games on steam. Because if you run out of funds for this halving.
Then you are going to miss the chance of earning as you are holding your bitcoins.

He just try to buy games on steam since that company accepts bitcoin as their mode payment. Also I doubt he will spend all of his coins just to buy games on Steam since he stated that usually he wants to use fiat. But even if that will be the real score, I see no wrong here. It's his coins after all so he can do whatever he want disregarding all price trend that will happen.

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July 01, 2016, 06:18:45 PM
 #2307

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!

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July 01, 2016, 06:29:45 PM
 #2308

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Well this is the trading strategy they are spending some of the bitcoin or sell it to make a profit because they have already a good margin for the price of bitcoin to make a profit for price pump and dump.. and some of them are holding for back up once the price of bitcoin will continues increase...

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July 01, 2016, 09:14:14 PM
 #2309

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Well this is the trading strategy they are spending some of the bitcoin or sell it to make a profit because they have already a good margin for the price of bitcoin to make a profit for price pump and dump.. and some of them are holding for back up once the price of bitcoin will continues increase...

And yes that's the sole reason to hold bitcoin at the moment. Let's not pretend it got real usability. Almost everyone who holds bitcoin is looking at the charts more then looking for shops to spend their bitcoin. This is miners included.


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July 02, 2016, 03:58:32 AM
 #2310

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
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July 02, 2016, 04:59:21 AM
 #2311

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.

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mirakal
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July 02, 2016, 05:40:52 AM
 #2312

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.

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boyptc
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Activity: 2954
Merit: 659


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View Profile
July 02, 2016, 06:58:54 AM
 #2313

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.

I agree, for me it is better to sacrifice first your attitude for being an active spender of bitcoin. Instead, save it for the upcoming halving or any price increase that is going to happen.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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stromma44
Hero Member
*****
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Activity: 952
Merit: 1000


View Profile
July 02, 2016, 08:04:09 AM
 #2314

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.

I agree, for me it is better to sacrifice first your attitude for being an active spender of bitcoin. Instead, save it for the upcoming halving or any price increase that is going to happen.

Hold it for halving to earn higher profits, spending is always good but not at this stage, as price will move up in coming days, and that would be the best time to spend.
Zooplus
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Activity: 1106
Merit: 1000


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July 02, 2016, 08:54:42 AM
 #2315

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.

I agree, for me it is better to sacrifice first your attitude for being an active spender of bitcoin. Instead, save it for the upcoming halving or any price increase that is going to happen.

Hold it for halving to earn higher profits, spending is always good but not at this stage, as price will move up in coming days, and that would be the best time to spend.
It is good to spend especially when what you are spending is your profit alone and we can only realize that if we invest now and make profit in the short term after the halving, just sacrifice a little and gain good results when the price will hit to the moon again.
chaosknight
Hero Member
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Activity: 868
Merit: 1000



View Profile
July 02, 2016, 09:18:39 AM
 #2316

i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.

I agree, for me it is better to sacrifice first your attitude for being an active spender of bitcoin. Instead, save it for the upcoming halving or any price increase that is going to happen.

Hold it for halving to earn higher profits, spending is always good but not at this stage, as price will move up in coming days, and that would be the best time to spend.
It is good to spend especially when what you are spending is your profit alone and we can only realize that if we invest now and make profit in the short term after the halving, just sacrifice a little and gain good results when the price will hit to the moon again.

Investing in bicoin and spending both are different things, investing in bitcoin is always good as you can expect higher profits in long run, but spending now is something playing with profits.
sobsitesearch
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Activity: 406
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July 02, 2016, 09:21:42 AM
 #2317

Before im actively spending bitcoin but for now i just minimize it because i want to have more bitcoin during the halving and i do not know what will happen the price
tabas
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July 02, 2016, 09:42:07 AM
 #2318

Before im actively spending bitcoin but for now i just minimize it because i want to have more bitcoin during the halving and i do not know what will happen the price

Me either, I am now minimizing the use of my bitcoins. As a lot of people are saying that save as much bitcoin as you can.
So that you can have secure earnings as the halving comes.

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Shibashi Dogemoto
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July 02, 2016, 09:46:13 AM
 #2319

Before im actively spending bitcoin but for now i just minimize it because i want to have more bitcoin during the halving and i do not know what will happen the price

Me either, I am now minimizing the use of my bitcoins. As a lot of people are saying that save as much bitcoin as you can.
So that you can have secure earnings as the halving comes.

Everyone is holding their coins at a moment to earn best profits at halving as spending now cannot be more profitable as price will go much higher at halving.
tabas
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Activity: 2954
Merit: 724


Top Crypto Casino


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July 02, 2016, 10:21:18 AM
 #2320

Before im actively spending bitcoin but for now i just minimize it because i want to have more bitcoin during the halving and i do not know what will happen the price

Me either, I am now minimizing the use of my bitcoins. As a lot of people are saying that save as much bitcoin as you can.
So that you can have secure earnings as the halving comes.

Everyone is holding their coins at a moment to earn best profits at halving as spending now cannot be more profitable as price will go much higher at halving.

Yes that's true and we all know the reason why they stopped spending actively and just holding their coins.
We are all hoping to get profit when the halving comes.
As its effect is going to increase the price of bitcoin.

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..CASINO....SPORTS....RACING..
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