agustina2
Legendary
 Offline
Activity: 2436
Merit: 1008
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October 07, 2016, 04:46:08 PM |
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There is a full possibility that price will go higher at the end of the year and that is the reason I am not spending my coins because I am looking for higher profits and better benefits.
If most of the bitcoin hoarders will use bitcoin to spend their Christmas expenses then we can't expect a price increase by end of the year like what happen llast year. But Im sure expect a price increase prior to Christmas season. We should be positive on that, the price will increase and we will have a merry Christmas. There is no stopping on bitcoin now and we have risen from big crisis in the past and we have proven how strong bitcoin is, so we should also put our big trust for its future. Being positive is not enough as we aren't the big hoarders. But you know it's reasonable and have basis to believe that there will be price increase prior to the exact Christmas Day. But expect a price decrease after it which won't last for many days or weeks. Just a speculation based on past performance. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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doraemon1
Member
Offline
Activity: 98
Merit: 10
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October 07, 2016, 05:27:56 PM |
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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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October 07, 2016, 05:50:26 PM |
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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
Maybe you are in bad site that you use bitcoin.. can you mention about the site link so that i can also check why you experience of spending your bitcoin since .. i am still not halving any issue dealing like in buying domains and namecheap. |
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Bitcoinsummoner
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October 07, 2016, 06:15:41 PM |
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This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..
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gkv9
Legendary
Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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October 07, 2016, 09:03:21 PM |
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This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..
Thinking that way is good, but spending is also a good thing because money needs to circulate, and just think that if everyone starts holding only, how will this get itself going??? Might have the prices spiked higher, but possibly could get lowered down too, right??? So, it's better to spend some and save some for future like I am doing...  |
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KingdomHearts
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October 07, 2016, 10:14:25 PM |
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This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..
Yeah you are right this is not good time to spend bitcoin and there is a maximum people holding their bitcoin for the future because bitcoin will increase its price too much faster in few coming months so it good time to hold your bitcoin . |
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rizkyhiw
Legendary
Offline
Activity: 1484
Merit: 1004
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October 07, 2016, 10:34:28 PM |
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This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..
Thinking that way is good, but spending is also a good thing because money needs to circulate, and just think that if everyone starts holding only, how will this get itself going??? Might have the prices spiked higher, but possibly could get lowered down too, right??? So, it's better to spend some and save some for future like I am doing... yeah there must be a portion for each holding and spending but since there is not much place to spend bitcoin actively / daily make things going hard , you want to spend but don't know where people recently used bitcoin as currecny to gamble , but i don't like it |
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blackmachinegun
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October 07, 2016, 11:38:37 PM |
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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone |
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BitcoinPanther
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October 08, 2016, 12:06:41 AM |
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This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..
Yeah you are right this is not good time to spend bitcoin and there is a maximum people holding their bitcoin for the future because bitcoin will increase its price too much faster in few coming months so it good time to hold your bitcoin . You can think that price of bitcoin will go up but please don't remove the possibility of bitcoin dropping in price. It is a two opposite way for bitcoin if it moves. And we can't be sure which way it is, so I think it is best if you spend your bitcoin to some venture that will increase so you will lose a little if it drops in price and gain much more if it moved up. |
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hendra147
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October 08, 2016, 12:35:11 AM |
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just use bitcoin for buying domain, top up number phone, paying electric fee etc.
the problem is only few merchand avaible for bitcoin, if more merchand avaible im sure i have more way to spend my bitcoin
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Piltover
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October 08, 2016, 02:06:05 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
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hendra147
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October 08, 2016, 02:10:26 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i think spending bitcoin is part of method to growing bitcoin in the world, if more people use bitcoin (spending it) so the merchand will get some profit and he will keep support bitcoin. for me more merchand avaible is better than rising price (pump) . |
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Zooplus
Legendary
Offline
Activity: 1106
Merit: 1000
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October 08, 2016, 02:20:41 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i think spending bitcoin is part of method to growing bitcoin in the world, if more people use bitcoin (spending it) so the merchand will get some profit and he will keep support bitcoin. for me more merchand avaible is better than rising price (pump) . Exactly, because you contributed to help in increasing on the circulation of bitcoin in the world, you also need to be smart and not just spend alone as you will not benefit it when the whole economy benefited, saving and investing should be done by a certain person to benefit as well. |
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gerXhonza
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October 08, 2016, 09:30:56 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i think spending bitcoin is part of method to growing bitcoin in the world, if more people use bitcoin (spending it) so the merchand will get some profit and he will keep support bitcoin. for me more merchand avaible is better than rising price (pump) . Exactly, because you contributed to help in increasing on the circulation of bitcoin in the world, you also need to be smart and not just spend alone as you will not benefit it when the whole economy benefited, saving and investing should be done by a certain person to benefit as well. If you have bitcoins then there is nothing wrong in spending them, saving them for future is also good but if price goes higher then we should not hesitate in selling them to secure the profits. |
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quentincole32
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October 08, 2016, 10:33:38 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i guess you are just a big fan of investment world. you treat bitcoin as investment only , not as digital currency which you should spend it online and offline if you could. |
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SquallLeonhart
Legendary
Offline
Activity: 2324
Merit: 1101
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October 08, 2016, 11:02:02 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i guess you are just a big fan of investment world. you treat bitcoin as investment only , not as digital currency which you should spend it online and offline if you could. Yeah everyone should keep on spending their coins to circulate them and it will also help in taking price to higher level which will have positive impact on bitcoin economy. |
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X-ray
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October 08, 2016, 11:16:53 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i guess you are just a big fan of investment world. you treat bitcoin as investment only , not as digital currency which you should spend it online and offline if you could. just see your point here,bitcoin was made to be currency and not only for investment,just imagine if all of bitcoin users having bitcoin only for investment,never spending it,and thus no one selling bitcoin then bitcoin will be doomed,and saying spending bitcoin isn't smart,what a plain BS |
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co5hike
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October 08, 2016, 11:25:11 AM |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i guess you are just a big fan of investment world. you treat bitcoin as investment only , not as digital currency which you should spend it online and offline if you could. just see your point here,bitcoin was made to be currency and not only for investment,just imagine if all of bitcoin users having bitcoin only for investment,never spending it,and thus no one selling bitcoin then bitcoin will be doomed,and saying spending bitcoin isn't smart,what a plain BS Agree if everyone will treat it as an investment and no one will spend it then it will have bad effect on its price and it will never make bitcoin as a stronger currency in future. |
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satdas
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October 08, 2016, 06:13:36 PM |
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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading. |
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madwica
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October 09, 2016, 03:40:17 AM |
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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.
I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone yes that is also good to use escrow, but to me if you want to invest and get some profit you have to take a step and without taking risk you cannot make any money either from investment and nor from trading. Why he need an escrow if he only spending bitcoin? spending bitcoin is direct we do not need an escrow i think if you buy and sell bitcoin if person you did not know i think that is the time we need an escrow. |
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