Dudeperfect
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July 16, 2016, 09:34:18 AM |
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Yes, I agree with you that we must inculcate the habit of spending if we are really well wishers of bitcoin. I recently tried to chalk out the areas of expenditure where I can spend or use bitcoins in order to set off. I figured out that I can only top up my mobile phone using bitcoin as there are no other merchants or sellers accepting bitcoin in my area of residence. I have to convert it in fiat currency and then only I am able to spend it, but that’s not the real way we want it to be actually used. I am sure we will soon have option to spend in bitcoins without converting it in fiat.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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OrangeII
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July 16, 2016, 01:45:47 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. 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. if the price rises to a high bitcoin, I prefer to spend my bticoin which has particularly by selling it. so I can be more flexible to use than having to look for online stores that accept bitcoin. I think would be very beneficial if you spend a bitcoin do you have a way to sell it when the price rises bitcoin. so you can still buy bitcoin in the same amount when it drops.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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July 17, 2016, 09:34:08 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. if the price rises to a high bitcoin, I prefer to spend my bticoin which has particularly by selling it. so I can be more flexible to use than having to look for online stores that accept bitcoin. I think would be very beneficial if you spend a bitcoin do you have a way to sell it when the price rises bitcoin. so you can still buy bitcoin in the same amount when it drops. Spending it all is not a good idea, we should just spend a little amount to reward our self our from the profit of the high price but if you are a wise investors you will not divest all your investment as bitcoins has still potential to rise even more.
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Zulucia
Newbie
Offline
Activity: 73
Merit: 0
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July 17, 2016, 06:42:46 PM |
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I earn some bitcoin by mining and buy purchasing it with fiat. I save most of them and spend some of them.
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bitlancr
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July 18, 2016, 08:01:03 AM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
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Sanguintan
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July 18, 2016, 05:12:00 PM |
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It is better to spend a small proportion of your bitcoin. That will help the circulation of the bitcoin and increase its value.
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torrentheaven
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July 18, 2016, 05:15:35 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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July 18, 2016, 05:24:17 PM |
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It is better to spend a small proportion of your bitcoin. That will help the circulation of the bitcoin and increase its value.
Yeah but look for a good and with sense just spend those bitcoin for your making a website that you can advertise there and earn few bitcoins and usd from it. bitcoin is a good start for your business..
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Solving blocks can't be solved without my rigs.
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serjent05
Legendary
Offline
Activity: 2842
Merit: 1253
Cashback 15%
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July 18, 2016, 05:28:03 PM |
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Yes, I agree with you that we must inculcate the habit of spending if we are really well wishers of bitcoin. I recently tried to chalk out the areas of expenditure where I can spend or use bitcoins in order to set off. I figured out that I can only top up my mobile phone using bitcoin as there are no other merchants or sellers accepting bitcoin in my area of residence. I have to convert it in fiat currency and then only I am able to spend it, but that’s not the real way we want it to be actually used. I am sure we will soon have option to spend in bitcoins without converting it in fiat.
Sadly this is true in most cases where only a few option for Bitcoin to be spend in one country. I also want to spend my Bitcoin directly to buy something that does not include converting it to fiat then buy the item i needed. Hopefully there will be more merchant that accept BTC in my country soon.
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iv4n
Legendary
Offline
Activity: 3136
Merit: 1172
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July 18, 2016, 05:34:03 PM |
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Well currency is good as long we can use it for different things that we need. Coins need to circulate at the moment, how else to make market to grow? We need to use our coins, normally not all, but some part for sure. How people imagine bitcoin to grow, shops and site's to accept bitcoins if everyone keep coins in their wallets? Maybe exactly cause of this keeping we will see some other alt coin to rise in near future.
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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July 18, 2016, 06:18:51 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is from the past or he still sleeping and dreaming.. Halving is already been done and you need to wait again 2020 for halving..
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mrhelpful
Legendary
Offline
Activity: 1456
Merit: 1002
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July 18, 2016, 07:03:23 PM |
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Well currency is good as long we can use it for different things that we need. Coins need to circulate at the moment, how else to make market to grow? We need to use our coins, normally not all, but some part for sure. How people imagine bitcoin to grow, shops and site's to accept bitcoins if everyone keep coins in their wallets? Maybe exactly cause of this keeping we will see some other alt coin to rise in near future.
Coins dont need to circulate lol. The value rises on its own - based on the different things that happen around the world - then thats when people will circulate. This also includes based on circulation of being buy/sell on exchanges. But if youre talking about day to day means of spending - then yeah its not needed.
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mark coins
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July 18, 2016, 08:21:00 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is from the past or he still sleeping and dreaming.. Halving is already been done and you need to wait again 2020 for halving.. Yeah halving is already done and looking at current price I think we can afford to spend some coins as price is not too low, either spend if directly if possible or sell it and convert it to fiat.
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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July 18, 2016, 08:26:36 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet.
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gerXhonza
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July 18, 2016, 08:39:38 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months.
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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July 18, 2016, 10:12:20 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months. What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life.
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Doamader
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July 18, 2016, 10:50:09 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months. What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life. All i know is that people stopped their campaigns at the week of the halving, reducing the pot to be shares between users, nowadays looks likes the advertisement has returned and back to normal. The coins i have i keep them circulating, now they are at my hands and then they can be at your wallet, the thing is i have some projects to be made and i pay with my coins, i got one project running and i wanna bring just two more, then i will try to save my bitcoins, and avoid spend or waste them as im doing with my projects.
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chaosknight
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July 18, 2016, 11:13:54 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months. What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life. Halving has nothing to do with price, price rise will depend on the demand of users, if we find more users investing their money in bitcoin then price will automatically go higher.
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cambda
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July 18, 2016, 11:52:34 PM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months. What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life. Halving has nothing to do with price, price rise will depend on the demand of users, if we find more users investing their money in bitcoin then price will automatically go higher. Looking at a slow rise in a price at a moment I think people are preferring to buy bitcoins, and if the trend continues the it will take bitcoin price to next level in coming months.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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July 19, 2016, 04:50:26 AM |
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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon. It will be better for you if you try and wait for after the halving then you can sell.
Halving is coming soon??? Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz.. Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet. halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months. What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life. Halving has nothing to do with price, price rise will depend on the demand of users, if we find more users investing their money in bitcoin then price will automatically go higher. Looking at a slow rise in a price at a moment I think people are preferring to buy bitcoins, and if the trend continues the it will take bitcoin price to next level in coming months. Good time to buy bitcoins when the price is really increasing and today's price is the right timing to buy, I think with this slowly increase it will continue in the next few days and good move if you buy to make profit in a short period of time.
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