Absolon
Newbie
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Activity: 10
Merit: 0
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May 26, 2016, 01:06:36 PM |
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I like to save my bitcoins rather than spending it. Sometimes, in rare cases, spending my coins makes me feel good and pleasant.
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biggbox
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May 26, 2016, 01:32:44 PM |
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if everyone hoards their coin and no one spends, then BTCs will lose its value. So everyone should start spending some coins!
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1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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hendra147
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May 26, 2016, 02:11:53 PM |
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I do both, but I prefer to hold and spent bitcoin sometimes when I needed the money and convert to fiat.
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terman45x
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May 26, 2016, 04:02:44 PM |
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I do both, but I prefer to hold and spent bitcoin sometimes when I needed the money and convert to fiat.
Yeah same here, majority of my coins are on hold, but if I need money in case of emergency then I prefer to sell it and convert it to my local currency.
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Jemzx00
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May 26, 2016, 04:32:42 PM |
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Used to have a slight gambling problem with bitcoin; now I have the exact opposite problem. I love just hoarding my bitcoin transferring all the tips I made in a 12 hour shift into bitcoin is actually REALLY satisfying. Do you guys like to hoard your BTC or spend them?
I would love to hoard my bitcoins a lot of times but my wants to buy things makes me withdraw them and makes me spend them. And now I'll be the same with everyone without bitcoin left this coming halving.
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gerXhonza
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May 26, 2016, 04:42:15 PM |
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Used to have a slight gambling problem with bitcoin; now I have the exact opposite problem. I love just hoarding my bitcoin transferring all the tips I made in a 12 hour shift into bitcoin is actually REALLY satisfying. Do you guys like to hoard your BTC or spend them?
I would love to hoard my bitcoins a lot of times but my wants to buy things makes me withdraw them and makes me spend them. And now I'll be the same with everyone without bitcoin left this coming halving. Hold it til halving if you want to enjoy higher profits as this is not the right time to spend your coins but you really need money then you can sell some of your coins.
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Jasad
Legendary
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Activity: 1414
Merit: 1002
= jasad =
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May 26, 2016, 04:57:23 PM |
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if everyone hoards their coin and no one spends, then BTCs will lose its value. So everyone should start spending some coins! yes,that's true,people should spent or use bitcoin as currency to pay something,this will make bitcoin transaction more and more,so bitcoin will keep gain popularity,not just as investment,bitcoin also good for payment,we should not forget about that.
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pooya87
Legendary
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Activity: 3598
Merit: 10940
Crypto Swap Exchange
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May 26, 2016, 05:13:18 PM |
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well, of course i love hoarding bitcoin because it is also like an investment for me and i believe in the future of it hence a higher price : long term hodling
but also i always prefer spending bitcoin when i need to instead of spending fiat using other methods like credit cards or online payment processors.
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mobnepal
Legendary
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Activity: 1218
Merit: 1006
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May 26, 2016, 05:33:31 PM |
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I am continuously collecting, buying and holding whatever i can till the upcoming halving. I am sure halving will have good pumping effect to bitcoin price and i think current price is good buy point as this price will not remain profitable to miners after halving so they will not sell and thus supply may get limited.
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Kartikay
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May 26, 2016, 05:47:39 PM |
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I like spending my Bitcoins and investing them. Earlier I also used to hoard Bitcoins but later I realized that there is no sense in hoarding Bitcoins, it is equivalent to losing them. So I then moved to investing and spending my Bitcoins.
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Xpod78 (OP)
Sr. Member
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Activity: 443
Merit: 251
Hey there :D
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May 26, 2016, 06:25:13 PM |
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I am continuously collecting, buying and holding whatever i can till the upcoming halving. I am sure halving will have good pumping effect to bitcoin price and i think current price is good buy point as this price will not remain profitable to miners after halving so they will not sell and thus supply may get limited.
Yeah; I feel like this coming halving will be like the final decision day. If prices of Bitcoin don't go up than many many miners will abandon due to lack of profit, or Bitcoin will have to almost double in price to still keep miners happy and profitable. It's definitely a gamble.
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bitdumper
Sr. Member
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Activity: 266
Merit: 250
One world One currency, Bitcoin.
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May 26, 2016, 06:28:42 PM |
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The more transactions in bitcoin the more healthy it is. I spend most of the bitcoins and I have a small saving for halvening:)
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stromma44
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May 26, 2016, 09:41:52 PM |
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The more transactions in bitcoin the more healthy it is. I spend most of the bitcoins and I have a small saving for halvening:)
Spending bitcoin is always good as its helping you when you are in need of money, I sell my coins on weekly basis irrespective of the price.
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ajun96
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May 26, 2016, 10:49:42 PM |
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I like to save my bitcoins rather than spending it. Sometimes, in rare cases, spending my coins makes me feel good and pleasant.
there are people who prefer to save and there are people who like to shop. shopping can be interpreted a couple of things? investment is also included. because you have to buy the stock and so forth. different from the store you will find security because there is no risk in it.
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npredtorch
Legendary
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Activity: 1246
Merit: 1049
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May 26, 2016, 11:11:40 PM |
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The more transactions in bitcoin the more healthy it is. I spend most of the bitcoins and I have a small saving for halvening:)
Spending bitcoin is always good as its helping you when you are in need of money, I sell my coins on weekly basis irrespective of the price. As what i observed you're not that type of futuristic person, which focus on keeping his/her btc for higher price range to sell. Are you not looking forward to the halving which might tripled the price of bitcoin? Or i guess maybe you spend your money from selling btc every week?
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Altynbekova
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May 27, 2016, 12:57:18 AM |
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I'd like to hold my bitcoin these days because of the fact the bitcoin has a good future a head this year. Due to this holding is in my eyes better.
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The Sceptical Chymist
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Activity: 3486
Merit: 6975
Top Crypto Casino
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May 27, 2016, 01:03:03 AM |
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Bitcoin makes for horrible money. No one likes to spend it and we need to face that fact. You don't buy a gold coin just to buy groceries, do you? Nope, you don't. And bitcoin is just like that, except that it would actually make a great currency if used as such.
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Xpod78 (OP)
Sr. Member
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Activity: 443
Merit: 251
Hey there :D
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May 27, 2016, 01:13:54 AM |
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Bitcoin makes for horrible money. No one likes to spend it and we need to face that fact. You don't buy a gold coin just to buy groceries, do you? Nope, you don't. And bitcoin is just like that, except that it would actually make a great currency if used as such.
Could not have said that better myself.
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biggbox
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May 27, 2016, 01:30:59 AM |
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Bitcoin makes for horrible money. No one likes to spend it and we need to face that fact. You don't buy a gold coin just to buy groceries, do you? Nope, you don't. And bitcoin is just like that, except that it would actually make a great currency if used as such.
Good point. I was looking at some gold coins earlier and thinking of diversifying.
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1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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martinacar
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May 27, 2016, 02:55:51 AM |
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I'm also doing both because I spend now and than but also hold a couple coins to gain more profit in the future with the halving this year.
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