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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 257611 times)
Kava
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October 11, 2016, 10:01:25 AM
 #3641

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher

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October 11, 2016, 10:36:21 AM
 #3642

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
That's actually could be considered as spending bitcoin because you're using bitcoin to pay for internet and another service,it could support bitcoin to be the real curreny instead of only becoming trading tools for those traders,bitcoin actually must be used for spending

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October 11, 2016, 10:40:26 AM
 #3643

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
I think when the price of bitcoin is high you can use it to buy something. because it will give you a cheap price. because of the high price of bitcoin be the reason? if you're just playing the entire bitcoin to trading it does not matter, but be sure you know the risks
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October 11, 2016, 10:45:36 AM
 #3644

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
That's actually could be considered as spending bitcoin because you're using bitcoin to pay for internet and another service,it could support bitcoin to be the real curreny instead of only becoming trading tools for those traders,bitcoin actually must be used for spending

Agree! You are spending your bitcoin to pay internet and other stuff! Trading in bitcoin is all about buying and selling other ccoins or also bitcoin! If you are literally into trading yyou should into altcoin trading yyou can earn decent profits from it if yyou know when and what to buy and sell

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Aamir1
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October 11, 2016, 11:18:13 AM
 #3645

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher

Actually everyone likes to trade with their bitcoins and the ones who trade their coins actually do it so that they can earn more bitcoins to be spent in coming time, so the basic purpose of everyone in bitcoin is to get more and more money to spend on their lives but only a few of them are able to spend them and others just convert them to fiat.
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October 11, 2016, 11:29:39 AM
 #3646

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
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October 11, 2016, 11:40:17 AM
 #3647

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

Sometimes the risk is worth the take. Like when you risk your money in 2015 when the price is just above 200, you will be reaping great profits now. If you are a person who cannot take risk, then it is better to spend them so you can have peace of mind. But if you are a risk taker, then it can be profitable too.
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October 11, 2016, 11:56:11 AM
 #3648

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

That's right the price of bitcoin is unpredictable, either it can go higher or lower so its better to keep on making profits from it in short term by investing it in trading.
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October 11, 2016, 12:51:40 PM
 #3649

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

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October 11, 2016, 12:55:05 PM
 #3650

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

Exactly we don't have knowledge about future, what will gonna happen with bitcoin in future, holding bitcoin for years is risky Bette is to invest that coins in trading and in other businesses from where you get some profit. I am always go with the investment and yeah if you holds your coins for shorter period of time and sell when price increase then it is good.

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October 11, 2016, 12:56:35 PM
 #3651

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

Its good to hold some and spend some in trading as even if trading doesn't goes good for you, you still have some coins in your wallet which you can sell when you see higher price and recover the loss.
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October 11, 2016, 01:58:01 PM
 #3652

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term
yeah its risky but its fine to hold your coins and when you see changes in price you can already sell it and dont need to wait for long time to earn. im also holding my coins and i use some of my btc to trade. i dont spend my btc right now i just hold it.

Its good to hold some and spend some in trading as even if trading doesn't goes good for you, you still have some coins in your wallet which you can sell when you see higher price and recover the loss.

But as  long  as we  could , we should  not waste our bitcoins  on trading because  in this  we could possibly grow even more  on our bitcoin. Dont rely too much on your savings and letting  the other  investments to fall  because you are confident enough  because you have   other saving and  hoping for future profits  for  backing up the loss.

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October 11, 2016, 02:00:33 PM
 #3653

No, actually i can't use the bitcoin in any stores because where i am living, no one stores are accepted the bitcoin, and online i am only using when i want to pay my bills and when i need to transfer the amount, otherwise i don't want to refer to do shopping with my bitcoins.
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October 11, 2016, 08:00:16 PM
 #3654

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
yes that is a good decision, but i think in most of the area there are still no facilities of using bitcoin directly in their areas. and therefore most of the people are still using bitcoin for price increase.
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October 11, 2016, 09:34:10 PM
 #3655

I did not use even a single Bitcoin. I accumulate them in order to trade. I think to use them to pay for the Internet or other services properly. Because the price of Bitcoin becomes higher
yes that is a good decision, but i think in most of the area there are still no facilities of using bitcoin directly in their areas. and therefore most of the people are still using bitcoin for price increase.

Well some people are doing the same, earning bitcoin and wait to exchange it with a good value, some pays bills others buy a new phone, in the end people do spend their bitcoins into something they wanna. This year im investing all i got into some projects i do hope get live this year, but i believe it will go live only next year, anyway at 2017 i do hope to be able to start saving bitcoins for the future.
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October 11, 2016, 09:52:37 PM
 #3656

No I do not spend them active because I think its better to hold plus the fact is also that I hold it for a long term right now.
The price will rise soon or later and due to that I think its better to stay holding the bitcoin for a while.
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October 11, 2016, 10:49:40 PM
 #3657

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

That's right the price of bitcoin is unpredictable, either it can go higher or lower so its better to keep on making profits from it in short term by investing it in trading.
true what you say that I think the long-term investing in bitcoin does not guarantee that you will definitely benefit. Because it is very Likely that this year's prices could have been higher than a year tomorrow. so I think that it would be better if you use it for short-term investments
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October 11, 2016, 11:33:25 PM
 #3658

I spend when I see that it is a better alternative, but because of the low number of alternatives, it's not something I have done too often. I'm using mainly for investments.
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October 11, 2016, 11:54:15 PM
 #3659

I spend when I see that it is a better alternative, but because of the low number of alternatives, it's not something I have done too often. I'm using mainly for investments.

i spend as much as possible like buying T-shirt, top up mobile number , buying some domain name.
last day i deposit $30 at namecheap, now im interesting to buying some hosting too with bitcoin deposit.
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October 12, 2016, 12:17:58 AM
 #3660

spending our bitcoin is helping bitcoin growing too.
each marketplace where accept bitcoin will be happy if we use bitcoin as payment, so he can see the power of bitcoin.
but the problem is only few store where accept bitcoin as payment processor

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