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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 257556 times)
mirakal
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August 07, 2016, 02:03:46 PM
 #2841

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Definitely, because it is more as investment rather than a currency, right now we are in the investment stage and we should put a considerable amount of money to take part of the bright future, this is our only chance to ride with the success with bitcoins so we need to also consider minimizing our expenses to maximize our investment.

To see bitcoin as a better currency in future we should use it as a currency and not as an investment as if no one will spend bitcoins then the price will never increase.
There are two sides of the coins, the one is the investor and the other one is the spender which helps to increase the market of bitcoins, we need spender to attract and encourage people in using bitcoins because the real benefits is the transaction online which we can experience the fastest and the cheapest.

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August 07, 2016, 02:05:38 PM
 #2842

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.

Well bitcoin is really a true digital money now and it is just like the same if you are going to be not careful in using it for buying goods and services for sure you are not going to be a good saver. But if you are going to put some limitations then you are going to enjoy the benefits of it after saving. It is a good active spender with bitcoin for the adoption of it.

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August 07, 2016, 03:04:18 PM
 #2843

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..

That is a lot of usage for now. Someday you will write more than that. I have seen some companies or businesses that are adopting it. Maybe they will also put some in your country too.
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August 07, 2016, 03:06:16 PM
 #2844

I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..

That is a lot of usage for now. Someday you will write more than that. I have seen some companies or businesses that are adopting it. Maybe they will also put some in your country too.

We will see many more companies getting into bitcoin in future when bitcoin will become more popular, at this stage the popularity of bitcoin is limited and it has not reached everywhere yet.
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August 07, 2016, 03:12:28 PM
 #2845


Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..

That is a lot of usage for now. Someday you will write more than that. I have seen some companies or businesses that are adopting it. Maybe they will also put some in your country too.
I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..

That is a lot of usage for now. Someday you will write more than that. I have seen some companies or businesses that are adopting it. Maybe they will also put some in your country too.
I agree that all also depends on the country in which we live. Even a very small part of the defeated countries may have an infrastructure where people can spend a bitcoin. I was recently very surprised when I saw that online stores offer their digital goods over digital money.
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August 07, 2016, 04:16:23 PM
 #2846

Yes I am spending it online, mainly I use it for mobile recharge and for buying digital stuffs, and rest I am holding for future as its also an investment for me.
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August 07, 2016, 11:56:41 PM
 #2847

Nope, i have not enough bitcoin for it, i am just earning for future investments, i believe that someday i will get enough money to get a new car for me.

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August 08, 2016, 12:02:01 AM
 #2848

Nope, i have not enough bitcoin for it, i am just earning for future investments, i believe that someday i will get enough money to get a new car for me.

Wow a car bought through bitcoin? We dont exactly know but maybe someday. I am intrigued with some of my friends yesterday that they are talking about bitcoin also and how they use it. We are getting real deep in popularity.

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August 08, 2016, 12:07:57 AM
 #2849

Yes I am spending it online, mainly I use it for mobile recharge and for buying digital stuffs, and rest I am holding for future as its also an investment for me.
I rarely do top up mobile with bitcoin price would be more expensive dbandingkan I bought it in the county. so I prefer to convert it to a fiat. if I used to spending. typically use gambling

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August 08, 2016, 12:37:33 AM
 #2850

Yes I am spending it online, mainly I use it for mobile recharge and for buying digital stuffs, and rest I am holding for future as its also an investment for me.
I rarely do top up mobile with bitcoin price would be more expensive dbandingkan I bought it in the county. so I prefer to convert it to a fiat. if I used to spending. typically use gambling

Why are you wasting your hard earned coins in gambling? And I am sure the percentage of loosing would be higher in compare to winning, its better to save it for future.
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August 08, 2016, 12:48:38 AM
 #2851

Yes I am spending it online, mainly I use it for mobile recharge and for buying digital stuffs, and rest I am holding for future as its also an investment for me.
I rarely do top up mobile with bitcoin price would be more expensive dbandingkan I bought it in the county. so I prefer to convert it to a fiat. if I used to spending. typically use gambling

Why are you wasting your hard earned coins in gambling? And I am sure the percentage of loosing would be higher in compare to winning, its better to save it for future.

Well we can't blame them if they want to spend their bitcoins in gambling it's their choice and they worked for it. So, what we need to do is to give them some advice on how it is better to spend their bitcoins actively. And if there are some emergencies for sure we need to spend our bitcoins and we need to let go of it.



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mandica
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August 08, 2016, 06:31:10 AM
 #2852

Nope, i have not enough bitcoin for it, i am just earning for future investments, i believe that someday i will get enough money to get a new car for me.

If you have over 5 bitcoins, then you can spend a small proportion of that. Otherwise, you can just hold.
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August 09, 2016, 12:38:54 AM
 #2853

Nope, i have not enough bitcoin for it, i am just earning for future investments, i believe that someday i will get enough money to get a new car for me.

That's a big goal, I think you need to do something other than working for bitcoin, you need to earn as big as you can and in as fast as you can, so you can buy the dream car of yours... I my self, I spend my bitcoin regularly, monthly for my VPN, daily to top up my mobile load and my wife's cellphone too, and sometimes paying my bill with it, so it's a great help to me, I have a job and earning and yet use my coins regularly...
That great to hear, we should be thankful we have known bitcoin as it add ups to our current income with our real job, however bitcoin is not only limited to that because you can master the art of trading that will provide your a good amount of money and you will not worry about your job.

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August 09, 2016, 06:52:14 AM
 #2854

No, I just keep it and wait for the nice price so I could sell them.  I am also finding ways to earn more bitcoins so I could invest it and grow it.  I remember I trade my bitcoins to a paypal fund because a friend of mine needed it.  And I just learned that he just use the btc to gamble.   Angry
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August 09, 2016, 07:00:40 AM
 #2855

No, I just keep it and wait for the nice price so I could sell them.  I am also finding ways to earn more bitcoins so I could invest it and grow it.  I remember I trade my bitcoins to a paypal fund because a friend of mine needed it.  And I just learned that he just use the btc to gamble.   Angry

You can gamble with it you feel that you can win it, and there are most of the users who are spending their coins on gambling hoping to multiply it in quick time.
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August 09, 2016, 02:26:11 PM
 #2856

No, I just keep it and wait for the nice price so I could sell them.  I am also finding ways to earn more bitcoins so I could invest it and grow it.  I remember I trade my bitcoins to a paypal fund because a friend of mine needed it.  And I just learned that he just use the btc to gamble.   Angry

It depends on personal circumstance. I have spend more then a few bitcoin in the past to buy mining equipment to get more bitcoins.
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August 09, 2016, 02:37:04 PM
 #2857

No, I just keep it and wait for the nice price so I could sell them.  I am also finding ways to earn more bitcoins so I could invest it and grow it.  I remember I trade my bitcoins to a paypal fund because a friend of mine needed it.  And I just learned that he just use the btc to gamble.   Angry

It depends on personal circumstance. I have spend more then a few bitcoin in the past to buy mining equipment to get more bitcoins.

While the rest are buying tangible gods such as mining equipment, i spend my btc on altcoins and some ICO in hopes that these coins are going to go up in the near future.  Someday, i could hit big time once the rest of these coins i've bought can go up. its an investment for me.






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August 09, 2016, 04:17:11 PM
 #2858

My guess is that many people stopped spending bitcoin actively for the incoming halving, because we all know that it will be profitable once it happens. And I know it will be worth the wait and effort of waiting, we just need to wait and believe for it.
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August 09, 2016, 04:19:23 PM
 #2859

No, I just keep it and wait for the nice price so I could sell them.  I am also finding ways to earn more bitcoins so I could invest it and grow it.  I remember I trade my bitcoins to a paypal fund because a friend of mine needed it.  And I just learned that he just use the btc to gamble.   Angry

It depends on personal circumstance. I have spend more then a few bitcoin in the past to buy mining equipment to get more bitcoins.

While the rest are buying tangible gods such as mining equipment, i spend my btc on altcoins and some ICO in hopes that these coins are going to go up in the near future.  Someday, i could hit big time once the rest of these coins i've bought can go up. its an investment for me.






ETH and ETC seems to be too good at a moment, so if you want to invest in altcoin then you can divide your investments in both of them to enjoy higher profits in future.
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August 09, 2016, 04:50:51 PM
 #2860

i never spend my bitcoins right now
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