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Question: Which are you?
Hodl to Spend (Type 1) - 63 (54.8%)
Hodl to Sell (Type 2) - 52 (45.2%)
Total Voters: 115

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Author Topic: Two types of Bitcoiners, Which are you?  (Read 11207 times)
Indrawan77
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October 24, 2016, 03:12:52 AM
 #161

I cant wait to buy lamborghini using bitcoin, i hope that i can buy more things using bitcoin and it is better to buy things using bitcoin so nobody knows what we buy, and it is easier to do the transaction
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October 24, 2016, 03:38:43 AM
 #162

Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin."


Type 2
, "I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini."

(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)
I guess most of us are belongs to the second type. There's not that much establishments and people that accepts bitcoin as a payment, not just Lamborghini sellers but also other types of product as well. We all have to convert our bitcoin into fiat first before we can buy something. Sure there are some people that accepts bitcoin as payment but they're quite hard to find.
I think the second type is not the genuine nature of many users of bitcoin, although many people are certainly more inclined towards the second type, but I think are circumstances and situations of bitcoin is currently forcing the user to select the type of the second, yeah of course you know bitcoin is not so accepted, so many people prefer to sell their bitcoin and then spending it

Well in some places there's no many uses for a bitcoin other than online shopping, that would be my situation, so it's better for me to sell it for fiat and pay the phone, internet or some other bills with that money.
Option number two will be the most choosed one. I think lamborghini was created by very very great factory that did not accep bitcoin yet. May be if only buy a not to expencive good from online shop will be possible. Or you want to buy lamborghini from someone that want to sell his/her lamborghini with bitcoin. I think bitcoin can be used to buy thing like lamborghini after bitcoin is used by the mos people in the world. There are pleces in my country that accept bitcoi but it is so far away from my house.

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October 24, 2016, 03:48:17 AM
 #163

I buy the bitcoins then it becomes capital for trading altcoins on poloniex and making profit consistently from trading altcoins. After my bitcoins growing up folds then it can be used for buy Lamborghini, i think you must adds this types too.  Grin
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October 24, 2016, 03:53:49 AM
 #164

Maybe in the future I will be number 1 but for now I am number 2. I have no choice anyway, If I need to spend my bitcoins, I have to convert to fiat first. If someday, I can spend bitcoin directly, I will be number 1.
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October 24, 2016, 04:02:34 AM
 #165

I am TYPE 2 guy because I can't wait for its price to rise so that I could make profit by selling bitcoin in higher price. But i could wait for 6 7 months that is not very  long term deal because to gather 1 bitcoin I will have to wait for atleast 1 year so almost i had made 0.2 bitcoin and in rest of the months i will make the rest 0.8 bitcoin and finally I will have sharp 1 bitcoin in my wallet.
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October 24, 2016, 04:45:11 AM
 #166

Type 2

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October 24, 2016, 05:00:06 AM
 #167

It is meaningless question, people hodl to sell for fiat, and buy things with fiat, is equivalent to hodl to spend. I don't see any differences here.
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October 24, 2016, 05:11:00 AM
 #168

I am a type #2, why? because I have no choice yet, there are no options for me to use my coins or make my working for bitcoin fruitful, how will boast to my friends that I am earning bitcoin as part of my income if I would just stagnate it in my wallet and no proof that I really can earn with it. I love to shop too with bitcoin but I haven't found any place where I could do it online or in real life.

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October 24, 2016, 05:35:17 AM
 #169

If my btc reserves reach the spot to be able to buy a Lamborghini I will be the #2 guy because my habit is to save and spend it when the bitcoin price becomes high then sell it to buy services/things I like. Its a win win situation for me even if It takes too long to wait for a price rise then I still wait .

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October 24, 2016, 05:42:49 AM
 #170

Maybe in the future I will be number 1 but for now I am number 2. I have no choice anyway, If I need to spend my bitcoins, I have to convert to fiat first. If someday, I can spend bitcoin directly, I will be number 1.

We have the same thinking. I need money right now to pay for loans, bills and other mortages. Even if I have to choose number 1 that would be impossible for the moment. First things first as the saying goes, need to convert btc to cash instantly so Ill be avoiding monthly headaches. But maybe someday when these payments are already paid and Im out of financial obligations I will choose number 1.
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October 24, 2016, 08:22:07 AM
 #171

I am actually kinda combination of both, I hold and sell and hold and spend at the same time, you cannot control the future as anything could happen, like what happen in my life, sometimes I need to spend for emergencies so instead of saving it for the future (long term investment) I was force to sell to finance the problem.

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October 24, 2016, 08:28:06 AM
 #172

Yep, OP missed an option.
I don't care if I have to sell or I can buy directly with Bitcoin (though obviously it would be easier and nicer to buy directly with Bitcoin) as long as my Bitcoin (or Bitcoins + altcoins) would be enough to buy a Lamborgini.

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October 24, 2016, 08:32:09 AM
 #173

I am more the one who like to hold and spend becuase when you spend the bitcoin you are able to see the price ruising when you are only holding you rbitcoins youi wont see the price of the bitcoin
rise only drop off course.,
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October 24, 2016, 08:39:07 AM
 #174

"I cant wait for the price to rise so that i can sell my bitcoins and then spend them."
I'm this type of a bitcoiner because i don't really have a targeted item to be bought right now so i'm just expecting the price to rise so that i can convert them to cash and keep them for something in future i may like to buy.
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October 24, 2016, 08:51:55 AM
 #175

Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin."


Type 2
, "I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini."

(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)



I think I am the type 2 guy. There is not much services for bitcoin in my place so basically I cant go for your number 1 which is using bitcoin itself. I need to sell it first to buy my new car.  Tongue

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October 24, 2016, 09:03:10 AM
 #176

i will hold to sell  Grin because if i hold money i can buy anything and lambo maybe not on number 1 on my list  Grin

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October 24, 2016, 09:09:32 AM
 #177

I will hold mainly to spend but even after spending I would sell because the nr 1 area where I spend my bitcoins is the gambling area. Not much difference between the 2 types honestly cause the end result is the same, both buy a new car.
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October 24, 2016, 09:23:47 AM
 #178

Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin.

Definitely!
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October 24, 2016, 09:33:38 AM
 #179

   I'm holding my bitcoins, just I still didn't decide will I sell them or spend them. That decision will need to wait for a while. I will keep them until I have more bitcoins.
   Both types are similar, sell it or spend it is almost the same thing. In both ways I will stay without coins and get something nice in return.
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October 24, 2016, 09:39:55 AM
 #180

I never hold all of my earned bitcoins fully only 20% of it i am holding it, balance i do sports betting , play poker games and 50% i convert it to fiat currency to meet my daily life expenses. As i am not able to use bitcoin in shop or online in my country i have to convert it to fiat currency to fulfill my needs.
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