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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 257613 times)
eddyubachs
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July 02, 2016, 11:00:01 AM
 #2321

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.

I think the effect of halving is already started as price is going higher now, so spending now is nor recommended, best option is to hold for the halving.
darkmagician
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July 02, 2016, 11:06:14 AM
 #2322

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.

I think the effect of halving is already started as price is going higher now, so spending now is nor recommended, best option is to hold for the halving.
yes you are right, bitcoin price has started to increase again,we will see the 700$ mark again this week,the month of halving.
saiha
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July 02, 2016, 11:26:20 AM
 #2323

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.

I think the effect of halving is already started as price is going higher now, so spending now is nor recommended, best option is to hold for the halving.
yes you are right, bitcoin price has started to increase again,we will see the 700$ mark again this week,the month of halving.

It is been better to hold your bitcoins and if you can't stop your self spending actively your bitcoins. Then you must control yourself and think about the positive thing that is going to result once you are going to hold your bitcoins.s

Vires in Numeris
Mark02
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July 02, 2016, 11:33:36 AM
 #2324

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
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July 02, 2016, 12:29:38 PM
 #2325


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.

well yes i actually spend them and i do that pretty often, because i think that bitcoins were created to make our payments easier compared to credit cards and fiat money

and  if we wouldn't spend bitcoins, stores wouldn't accept them, so because of that i actually think that other people uses bitcoins too, not only buys/sells them to get profit

 
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gerXhonza
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July 02, 2016, 01:10:38 PM
 #2326


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.

well yes i actually spend them and i do that pretty often, because i think that bitcoins were created to make our payments easier compared to credit cards and fiat money

and  if we wouldn't spend bitcoins, stores wouldn't accept them, so because of that i actually think that other people uses bitcoins too, not only buys/sells them to get profit

The primary goal of earning or buying bitcoin is to spend it as an currency, and that will also allow bitcoin to circulate in market,  but as of now I think holding them for halving is more profitable.
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July 02, 2016, 01:33:37 PM
 #2327

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard.
silentkiller
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July 02, 2016, 01:43:59 PM
 #2328

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard.
too risky to join in a cloud mining site nowadays,after what happened to hash ocean. 2 years of service and no one thinks that it will be going to a scam..sad life for those who invest big btc.
co5hike
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July 02, 2016, 01:46:32 PM
 #2329

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard.
too risky to join in a cloud mining site nowadays,after what happened to hash ocean. 2 years of service and no one thinks that it will be going to a scam..sad life for those who invest big btc.

Exactly feels sorry for those who have lost their money in it, so it was an learning experience for all of us to not to get greedy and stay away from any investment sites.
Ziskinberg
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July 03, 2016, 06:41:46 AM
 #2330

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard.
too risky to join in a cloud mining site nowadays,after what happened to hash ocean. 2 years of service and no one thinks that it will be going to a scam..sad life for those who invest big btc.

Exactly feels sorry for those who have lost their money in it, so it was an learning experience for all of us to not to get greedy and stay away from any investment sites.
The only thing you can do is accept your losses because that is the nature in investing that is why it is risky, when you can accept already it would be easier for you to find another investment opportunity because you have move on already.
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July 03, 2016, 12:03:16 PM
 #2331

For me i only spend a small portion of what I have because the main reason I have bitcoin is for investment. And I think my decision to make it as an investment is starting to payoff because of another price surge that is happening now. In time, I know I would allot more for spending, if and when my bitcoin holdings is big enough.
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July 03, 2016, 12:27:29 PM
 #2332

For me i only spend a small portion of what I have because the main reason I have bitcoin is for investment. And I think my decision to make it as an investment is starting to payoff because of another price surge that is happening now. In time, I know I would allot more for spending, if and when my bitcoin holdings is big enough.
Good job because you are doing the right move, wise people who look bitcoin as investment because we are still in the early stage and we can expect growth in the future and with that you will also grow.

.
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DoublerHunter
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July 03, 2016, 12:35:06 PM
 #2333

I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard.
too risky to join in a cloud mining site nowadays,after what happened to hash ocean. 2 years of service and no one thinks that it will be going to a scam..sad life for those who invest big btc.

Exactly feels sorry for those who have lost their money in it, so it was an learning experience for all of us to not to get greedy and stay away from any investment sites.
The only thing you can do is accept your losses because that is the nature in investing that is why it is risky, when you can accept already it would be easier for you to find another investment opportunity because you have move on already.
That's right that is natural about bitcoin because bitcoin only depends on demand and supply and those people who buy bitcoin for a high price are suffering now because they are not lucky enough to get good profits because many bad things happen like some panic selling and a temporary down of a exchangers sites which result for the price to be low but don't worry this month is just a new opportunity to get those lost money back because most of the users expect for price increase up to $1k so let just see what will happen on the incoming most awaited event Grin Roll Eyes.
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July 03, 2016, 12:37:22 PM
 #2334

For me i only spend a small portion of what I have because the main reason I have bitcoin is for investment. And I think my decision to make it as an investment is starting to payoff because of another price surge that is happening now. In time, I know I would allot more for spending, if and when my bitcoin holdings is big enough.
Good job because you are doing the right move, wise people who look bitcoin as investment because we are still in the early stage and we can expect growth in the future and with that you will also grow.

Yeah that's right spend a small portion and save a lot for bitcoin. But it is still better if you are going to manage to stop spending before the halving happens so that you can earn max with the bitcoins that you are holding.

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July 03, 2016, 12:51:55 PM
 #2335

It is not a good idea to frequently use your coin while the halving isn't done yet , better to hold it for now and stay away or avoid those investment sites who claimed that they can double your money , can give you a profit daily or can provide you a cloud mining service . But if you will use it to fill your need it is a good reason enough .
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July 03, 2016, 12:53:22 PM
 #2336

For me i only spend a small portion of what I have because the main reason I have bitcoin is for investment. And I think my decision to make it as an investment is starting to payoff because of another price surge that is happening now. In time, I know I would allot more for spending, if and when my bitcoin holdings is big enough.
Good job because you are doing the right move, wise people who look bitcoin as investment because we are still in the early stage and we can expect growth in the future and with that you will also grow.

Yeah that's right spend a small portion and save a lot for bitcoin. But it is still better if you are going to manage to stop spending before the halving happens so that you can earn max with the bitcoins that you are holding.

Yeah its better not to spend now and hold it for the halving as price will be higher at that time which can help us in earning higher profits.
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July 03, 2016, 12:54:00 PM
 #2337

For me i only spend a small portion of what I have because the main reason I have bitcoin is for investment. And I think my decision to make it as an investment is starting to payoff because of another price surge that is happening now. In time, I know I would allot more for spending, if and when my bitcoin holdings is big enough.
Good job because you are doing the right move, wise people who look bitcoin as investment because we are still in the early stage and we can expect growth in the future and with that you will also grow.

Yeah that's right spend a small portion and save a lot for bitcoin. But it is still better if you are going to manage to stop spending before the halving happens so that you can earn max with the bitcoins that you are holding.
thats same like me, i like to accumulate a lot of bitcoins in order to benefit more in the future, i think that bitcoin price is going to grow to huge heights in the future thus allowing me to make profit

that would be really cool in my opinion as i would be able to make good money without any efforts, because of that i never spend actively my bitcoins online or in real life

 
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July 03, 2016, 01:18:04 PM
 #2338

It is not a good idea to frequently use your coin while the halving isn't done yet , better to hold it for now and stay away or avoid those investment sites who claimed that they can double your money , can give you a profit daily or can provide you a cloud mining service . But if you will use it to fill your need it is a good reason enough .

Yes definitely if you are going to spend actively with your bitcoins while the halving is not done yet. Then you are just removing your chance to
earn when the effect of halving occurs.
Because when you have already have some saved bitcoins to your wallet then you can earn when the price increases.

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July 03, 2016, 01:19:26 PM
 #2339

I spend bitcoin monthly because i used my bitcoin to pay my utility bills. I want this bitcoin cause it can help me alot in financial. But for now i just keep all my bitcoin and continue spending after the halving
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July 03, 2016, 01:27:39 PM
 #2340

I spend bitcoin monthly because i used my bitcoin to pay my utility bills. I want this bitcoin cause it can help me alot in financial. But for now i just keep all my bitcoin and continue spending after the halving

I just want to give you a tip friend that reduce the use of bitcoin for this month. Just wait for the halving to come and monitor for the daily price of bitcoin as it is possible to get good profit when the price increases and it is the effect of halving.
So that you can earn more by just having it and saving it.

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