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Jimbola3
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July 14, 2016, 07:57:05 AM |
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I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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newcoins1978
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July 14, 2016, 08:38:59 AM |
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I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... It is not the best idea to be spending Bitcoins right now because the halving is going to come pretty soon now and I think that after the halving the price is going to change. I suggest that you hold on to your Bitcoin at the moment until the halving is over. |
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Dr.Osh
Legendary
 Offline
Activity: 2702
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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July 14, 2016, 09:29:23 AM |
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Well, I just spent bitcoin I have in inetrnet. in my place, not one store that accepts bitcoin, and I doubt if they know bitcoin or not. but I would probably build a business that will accept bitcoin as a means of transaction. I think it will motivate other people in my town are looking for bitcoin to be visited at my place. I think it would be cool.
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mark coins
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July 14, 2016, 10:51:58 AM |
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I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... It is not the best idea to be spending Bitcoins right now because the halving is going to come pretty soon now and I think that after the halving the price is going to change. I suggest that you hold on to your Bitcoin at the moment until the halving is over. Yes I think we should hold it for next couple of months to enjoy higher profits as it is expected that price will touch to $1k mark by the end of this year. |
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Doamader
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July 14, 2016, 10:58:54 AM |
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I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... It is not the best idea to be spending Bitcoins right now because the halving is going to come pretty soon now and I think that after the halving the price is going to change. I suggest that you hold on to your Bitcoin at the moment until the halving is over. Maybe im wrong but the halving has happened, already if you are expecting a better price around bitcoin is another thing. Bitcoin has been made to save money between transactions werent made to mine and hold, i wanna save some bitcoins but i usually spend them all at once. |
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eddyubachs
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July 14, 2016, 11:37:24 AM |
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I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... It is not the best idea to be spending Bitcoins right now because the halving is going to come pretty soon now and I think that after the halving the price is going to change. I suggest that you hold on to your Bitcoin at the moment until the halving is over. Maybe im wrong but the halving has happened, already if you are expecting a better price around bitcoin is another thing. Bitcoin has been made to save money between transactions werent made to mine and hold, i wanna save some bitcoins but i usually spend them all at once. Yeah even I am spending my coins whenever I need money, as only saving and not using them will not serve the purpose, I sell it when its an emergency and I really don't care what price it holds at that particular stage. |
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expert4knowledge
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July 14, 2016, 10:17:30 PM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. |
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Doamader
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July 14, 2016, 10:59:19 PM |
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Im pretty sure people were expecting a bigger value of bitcoin since before the moment it had reached the 700 dollars if im not wrong i remember to look somewhere the value, but give time to time we will see it readjusting up or down till end the year. I would like to be able to save my bitcoins, but im impulsive always when i see an opportunity to proof i make the investment.
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peta4e
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July 14, 2016, 11:02:36 PM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect. |
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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July 15, 2016, 05:38:51 AM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect. Exactly. Whatever they say it is just a prediction. If ever they want to force it then they should show some proof. I thought it was going up too but as I realized I think it happened before the halving. Advanced price increase? What do you think? |
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Sanguintan
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July 15, 2016, 08:14:20 AM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect. The drop happened before the halving. So it is actually healthier for the bitcoin price. It will rise again. |
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angaper
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July 16, 2016, 12:39:42 AM |
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In my personal case I don't think it is a good idea to spend my bitcoins because I still have a little worth of bitcoin and I need to get a bit more since my personal plan involves to accumulate a sufficient amount before thinking of spending it. Besides, in my country there are few businesses accepting bitcoin and I would prefer to be more patient instead of starting to use my bitcoins to cover my daily expenses.
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bitkilo (OP)
Legendary
Offline
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
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July 16, 2016, 01:06:34 AM |
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In my personal case I don't think it is a good idea to spend my bitcoins because I still have a little worth of bitcoin and I need to get a bit more since my personal plan involves to accumulate a sufficient amount before thinking of spending it. Besides, in my country there are few businesses accepting bitcoin and I would prefer to be more patient instead of starting to use my bitcoins to cover my daily expenses.
This is a small part of what is holding bitcoin adoption back i think. If nobody wants to yet spend it and just hold then why would businesses start accepting it, why would they go to all the trouble of setting up and learning bitcoin if nobody is going to use it to buy goods in there stores. If the business had employees that were interested in receiving a portion of their wage in btc so they could hold some as an investment then that would give the business owners a reason to accept it too but problem is not a lot of people still really know what bitcoin is. Holding is not a bad thing and probably a good idea for another year or two while the bitcoin ecosystem adjusts to the recent halving and maybe even the devs can come to some sort of a solution to the public fighting going on because that not good for the image either. |
Not a paid signature, just added to promote Bitcoin.com  |
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Kotone
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July 16, 2016, 02:42:55 AM |
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We need to spend bitcoins because that's the only way to maintain it inside the society. We need to continue buying and selling Bitcoins to make bitcoins move. We also need to mine to get more BTC. If you want to earn more bitcoins, spend more bitcoins. Invest it, convert it, buy other cryptocurrencies. Because that's the best way to earn Bitcoin. SO, the more you spend, the higher the earnings.
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arwin100
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July 16, 2016, 06:38:02 AM |
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In my personal case I don't think it is a good idea to spend my bitcoins because I still have a little worth of bitcoin and I need to get a bit more since my personal plan involves to accumulate a sufficient amount before thinking of spending it. Besides, in my country there are few businesses accepting bitcoin and I would prefer to be more patient instead of starting to use my bitcoins to cover my daily expenses.
This is a small part of what is holding bitcoin adoption back i think. If nobody wants to yet spend it and just hold then why would businesses start accepting it, why would they go to all the trouble of setting up and learning bitcoin if nobody is going to use it to buy goods in there stores. If the business had employees that were interested in receiving a portion of their wage in btc so they could hold some as an investment then that would give the business owners a reason to accept it too but problem is not a lot of people still really know what bitcoin is. Holding is not a bad thing and probably a good idea for another year or two while the bitcoin ecosystem adjusts to the recent halving and maybe even the devs can come to some sort of a solution to the public fighting going on because that not good for the image either. I think Hodling is the best only for the big whales and if you hold low amount only for long time well thats very bad idea since there so many good thing will happen to it if you spend it on investment or anything that you can benifit the most, and in my case really buddies im spending my bitcoins on weekly basis since, I cash out it to buy physical goods and fabs that i want and i dont really care if i dont have any bitcoin savings, aslong i spendid my very hard earned btc for good and for rewarding my self in the end of the week well im really satisfied and that really what im intended to do why im indulging in bitcoins. |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1146
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July 16, 2016, 07:04:03 AM |
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We need to spend bitcoins because that's the only way to maintain it inside the society. We need to continue buying and selling Bitcoins to make bitcoins move. We also need to mine to get more BTC. If you want to earn more bitcoins, spend more bitcoins. Invest it, convert it, buy other cryptocurrencies. Because that's the best way to earn Bitcoin. SO, the more you spend, the higher the earnings.
Holding you bitcoins is bad for the economy as it will lessen the circulation of the coins, we also need to spend our bitcoins in the internet like playing in gambling sites and buying stuffs online as we can also help the miners to stay profitable. |
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betohell
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July 16, 2016, 07:08:37 AM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it |
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Sanguintan
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July 16, 2016, 07:19:06 AM |
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Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.
I am reviewing some of comments now and I see that expectations were not that correct about events after halving. I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it I will use the bitcoin whenever the bitcoin price is high and the shops accept the bitcoin, that will help circulation. |
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arwin100
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July 16, 2016, 07:23:47 AM |
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it depends on people on what he will do to his bitcoins if he really want to spend it well its ok since it maybe a way for them to buy their self foods and even the things they want, and i dont really see any bad thing on hodling because if many people would hold it can raise the demand and if the demand will many the price well up and thats good for us bitcoin users because by this state we can actually earn big profits if price will soar high. We need to spend bitcoins because that's the only way to maintain it inside the society. We need to continue buying and selling Bitcoins to make bitcoins move. We also need to mine to get more BTC. If you want to earn more bitcoins, spend more bitcoins. Invest it, convert it, buy other cryptocurrencies. Because that's the best way to earn Bitcoin. SO, the more you spend, the higher the earnings.
Holding you bitcoins is bad for the economy as it will lessen the circulation of the coins, we also need to spend our bitcoins in the internet like playing in gambling sites and buying stuffs online as we can also help the miners to stay profitable. Im bit dissagreing about your thoughs there mate because holding can have postive effect on bitcoin price because it can stretch the price to go up and look on what happen on halving times, people holds and price really pumps and if people spend the price well down and thats the reason really i dont see any bad things in holding. |
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bitkilo (OP)
Legendary
Offline
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
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July 16, 2016, 07:55:55 AM |
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In my personal case I don't think it is a good idea to spend my bitcoins because I still have a little worth of bitcoin and I need to get a bit more since my personal plan involves to accumulate a sufficient amount before thinking of spending it. Besides, in my country there are few businesses accepting bitcoin and I would prefer to be more patient instead of starting to use my bitcoins to cover my daily expenses.
This is a small part of what is holding bitcoin adoption back i think. If nobody wants to yet spend it and just hold then why would businesses start accepting it, why would they go to all the trouble of setting up and learning bitcoin if nobody is going to use it to buy goods in there stores. If the business had employees that were interested in receiving a portion of their wage in btc so they could hold some as an investment then that would give the business owners a reason to accept it too but problem is not a lot of people still really know what bitcoin is. Holding is not a bad thing and probably a good idea for another year or two while the bitcoin ecosystem adjusts to the recent halving and maybe even the devs can come to some sort of a solution to the public fighting going on because that not good for the image either. I think Hodling is the best only for the big whales and if you hold low amount only for long time well thats very bad idea since there so many good thing will happen to it if you spend it on investment or anything that you can benifit the most, and in my case really buddies im spending my bitcoins on weekly basis since, I cash out it to buy physical goods and fabs that i want and i dont really care if i dont have any bitcoin savings, aslong i spendid my very hard earned btc for good and for rewarding my self in the end of the week well im really satisfied and that really what im intended to do why im indulging in bitcoins. How do you earn your bitcoins? Because if you are buying bitcoins just to cash out and spend you are kind of mussing the whole ooint of bitcoin. |
Not a paid signature, just added to promote Bitcoin.com |
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