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Author Topic: du you spend coins on real life.  (Read 132065 times)
rektDude
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September 13, 2016, 08:22:31 AM
 #2161

No I never did this because there are not many stores in my local area that even use the bitcoin as a payment method.
The most people in my area do not even know what the bitcoin itself is.

I also have the same problem there are no shops around here that accepts the bitcoin as a real pay method.
I really hate because it would be really easy and nice to pay with it, I also use E-coin and that is working out for me.

Many of us are facing the same problem that  we are holding bitcoins, but we don't find any shop that accepts bitcoin as a mode of payment, and I think it will take a long time to happen in my country.
I never want to spent coins in real life because that is irrelevent i know that allot of people are buying things with the bitcoin but for now you need to make money if the price is table-
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September 13, 2016, 08:22:32 AM
 #2162

there are few cafes shops in the uk thats accepts coin and i somehow spend some  have you your experience ? and how did you feel? when i was  sending coin  peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa

Well not yet, because there is no shops or places like that anywhere in my country that accepts bitcoin as a payment, but i would love to experience that once in my life and i wish that could be possible one day.
I want to spent coins on real life but first i want enough coins and i dont have that lot of coins so i think i would start collecting them and trading to make it even more and maybe than i would consider about it.
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September 13, 2016, 08:32:57 AM
 #2163

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
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September 13, 2016, 08:35:37 AM
 #2164

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can

Yes and if we want to buy anything then we can use fiat for that keeping our bitcoins safe for the future as the worth of bitcoin will be more in future when price goes higher.

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September 13, 2016, 08:44:12 AM
 #2165

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I think you have a huge number of bitcoin as of now and that will gain huge profit if the value of bitcoin will goes up, but me i already try to spend some of my bitcoin by exchanging it into fiat because as of now there are no stores accepting bitcoin as their form of payment here in my area.
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September 13, 2016, 08:45:09 AM
 #2166

No, I don't spend my BTC because to me I see it as an asset/investment that will increase in value overtime, have seen a positive correlation between the price of BTC and time

Good thing for you if you do that as I wanted to do the same, I always spend them for my everyday expenses.  I know that it would benefit me in the long run if I continue to just keep it on my wallet rather than exchanging it into fiat currency but if only I have the power to do it.  Just more time and maybe I will become like you.  I get envy with people who are not here because they just need it.
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September 13, 2016, 09:57:00 AM
 #2167

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I think you have a huge number of bitcoin as of now and that will gain huge profit if the value of bitcoin will goes up, but me i already try to spend some of my bitcoin by exchanging it into fiat because as of now there are no stores accepting bitcoin as their form of payment here in my area.


If you cannot spend it directly at offline places then best choice is to exchange it to fiat for making purchases and here in my country its very easy to do that and I am following the same.
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September 13, 2016, 10:31:08 AM
 #2168

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can

For me, I don't spend bitcoin like buying something with it or use it in my day to day needs. I also save bitcoin and buy as much as I can because it is still affordable now and time will come when its value is high enough and we cannot purchase immediately big amount of it. But I only save half of what I bought and then the other half I use it in trading so that I can accumulate bitcoin as much as I can. I already have an idea of how trading works so I am still in profit though it is not that big and I prefer day trading, a profit is still a profit even if how small it is.

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September 13, 2016, 10:41:23 AM
 #2169

Lately, I have only used for investments. I rarely use Bitcoin for daily expenses or online shopping, since the number of options is limited. Bitcoin has been very useful for other purposes, anyway.
yeah very limited if you want to shop with bitcoin. because only a few stores who accept bitcoin. it makes users were bored to do with bitcoin spending and it makes less and less for spending bitcoin transactions. I rarely go shopping with bitcoin. yeah it seems quite reasonable
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September 13, 2016, 10:46:53 AM
 #2170

I try not to spend Bitcoin on playful things. There really is a large number of products that you can buy internationally with just a few clicks on your mouse using this payment processor.


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September 13, 2016, 11:00:02 AM
 #2171

Sadly no.No shops are accepting bitcoins here in my country im looking forward for it
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September 13, 2016, 11:06:50 AM
 #2172

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I think you have a huge number of bitcoin as of now and that will gain huge profit if the value of bitcoin will goes up, but me i already try to spend some of my bitcoin by exchanging it into fiat because as of now there are no stores accepting bitcoin as their form of payment here in my area.


If you cannot spend it directly at offline places then best choice is to exchange it to fiat for making purchases and here in my country its very easy to do that and I am following the same.

I agree because lot of stores now is not accepting bitcoin and they didnt recognize bitcoin as a payment the only way to pay or buy a stuff is exchange it into your own fiat then buy that stuff. Bitcoin is not really famous so we are not shock that they didnt accept it.
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September 13, 2016, 11:18:00 AM
 #2173

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
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September 13, 2016, 11:21:18 AM
 #2174

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
but you need to spend bitcoin to make its value to generate the more we use it the more the demand it will and the more demand the more price to grow, the value will determine with its popularity.

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JessicaSe
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September 13, 2016, 12:03:44 PM
 #2175

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
but you need to spend bitcoin to make its value to generate the more we use it the more the demand it will and the more demand the more price to grow, the value will determine with its popularity.

Yeah if you spend them then it will make bitcoins much better and stronger currency in future, but if everyone will prefer to hold then we will never see higher price of bitcoin in future.
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September 13, 2016, 12:15:15 PM
 #2176

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
but you need to spend bitcoin to make its value to generate the more we use it the more the demand it will and the more demand the more price to grow, the value will determine with its popularity.
I think it maybe spending bitcoin will increase demand on the market because if spending goes well of course, be many people using bitcoin and rotation pf bitcoin will spin well and maybe this will give a good effect on demand of bitcoin
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September 13, 2016, 12:27:44 PM
 #2177

No I don't spend coins in real life cause coins are for me like gold and I'm saving as much as I can before they become unaffordable.
If I'd spend then I would lose potential future money so I try to invest as much into btc as I can and spend the least I can
I also collect coins BTC. Saving both and do not buy anything. Hopefully in the future the price will rise, and I did all the selling. The risk of one - will then Bitcoin. Does nothing happen to him.
but you need to spend bitcoin to make its value to generate the more we use it the more the demand it will and the more demand the more price to grow, the value will determine with its popularity.
I think it maybe spending bitcoin will increase demand on the market because if spending goes well of course, be many people using bitcoin and rotation pf bitcoin will spin well and maybe this will give a good effect on demand of bitcoin


Exactly, to take price of bitcoin higher in future its mandatory to spend them as without spending we cannot expect that it will achieve new heights in future.
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September 13, 2016, 01:35:41 PM
 #2178

No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.

Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need.
Think alot of people have the same mindset and that's why prices often are stable cause we are all just holding for the right time but the right time won't come like that if we all hold our wallets tight. But i am to blame too cause I'm holding for a while now haha.
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September 13, 2016, 01:59:37 PM
 #2179

No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.

Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need.
Think alot of people have the same mindset and that's why prices often are stable cause we are all just holding for the right time but the right time won't come like that if we all hold our wallets tight. But i am to blame too cause I'm holding for a while now haha.

For sure most of us are just holding our bitcoin but there are still some people who trade and sold their bitcoin which i actually see that spending  those bitcoin would really help on bitcoins ecosystem to grow but  in reality majority of us is waiting  for the right time to sell all our coins when the target price is reached.

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September 13, 2016, 02:03:25 PM
 #2180

No I do not spend any bitcoin in my real life right now because its just that I do not want to spend any bitcoins right now.
I want to make some good profit so that is also why its important right now.

Well me either I am just holding my bitcoins, I stopped spending my bitcoins in real life because I am hoping to get profit when the price is going to increase. And if that happened already, then that is going to be the right time to spend bitcoins in real life. Probably I will going to cash it out first and going to buy things I need.
Think alot of people have the same mindset and that's why prices often are stable cause we are all just holding for the right time but the right time won't come like that if we all hold our wallets tight. But i am to blame too cause I'm holding for a while now haha.

For sure most of us are just holding our bitcoin but there are still some people who trade and sold their bitcoin which i actually see that spending  those bitcoin would really help on bitcoins ecosystem to grow but  in reality majority of us is waiting  for the right time to sell all our coins when the target price is reached.

Its better to use them in trading and keep on making regular profits in short term as only holding will never increase your number count and will not give you expected profits.
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