Two types of Bitcoiners, Which are you?

[SquallLeonhart]

I put my vote on type 2, but I would also love to earn more bitcoins and save it for future and will sell when price reaches to my desired level, as I don't have option to spend it.

[yayayo]

I'm clearly type I, although I don't think I would ever buy a Lamborghini, because I'm not interested in luxury cars at all.

For me it's pretty clear that exchanging Bitcoin to fiat money makes no sense, because fiat is an inferior type of money that is subject to centralized control and inflationary devaluation. If I wanted to buy something with fiat I could do this right now. But why should I acquire Bitcoin first?

I'm not buying Bitcoin for speculative reasons. I buy Bitcoin, because I think it is sound money that is worth to be supported and which should see widespread usage in the future. Therefore I will only do native Bitcoin purchases (without fiat conversion).

ya.ya.yo!

[DLCseller]

I could say I'm both but probably hold to spend rather selling them.

[ning_chang]

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)

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

[Kevin29]

HODL TO SPEND

cuz need money now!!

[md1120]

Hodl to Sell

[TemplarKnightUK]

I'm hodling until I can spend them in the same way as fiat; I think a significant number of us are, and it puts significant bull pressure on the price, even if others don't manage to hold out for decades

Yes, as of now 85% of voters are type1 and its a IMO proper way of a "true bitcoiner".
Who else is going to hold if not us? I think if we want to have this tech for a long time, we have to
treat it as long lasting endeavour. Thats how you build trust. I'm aware that there will always be
investors who prefer type2, for quick cash grab, no need to disrespect them but...
  

Sadly, the ratios are now only 67/33%

We do need those Type 2 folks to provide liquidity, however; it's just that they'll be providing liquidity to an ever diminishing supply of bitcoin, driving up price. I think trust comes from the system actually functioning to process transactions, in a reasonable timescale, with reasonably small fees. If this continues for a few years we'll see exponential adoption. What happens to the price after that is of no relevance; it's making the system into a functioning "cash" that has always been the goal.

I must add I am a Type 1 with the proviso that much of that is stored on casino bankrolls, which I believe exert significant deflationary pressure on bitcoin, because they enforce the loss of bitcoin to the investors, who are unlikely to sell them, creating a one-way sink for bitcoins. But bitcoins are also hodled in the Type 1 sense by entrepreneurs/Satoshi/forward-thinking financial types who do seek a Gold 2.0; in short, a panoply of people all come together to lend the currency value, and put pressure on its price (halving coming up, too).

[chaosknight]

Earning and holding to sell, I don't like to spend it as I still feel that credit card is the best option when it comes to online shopping as not many sites accepts bitcoin at a moment.

[BitcoinRonnie]

I am the opposite of what ever is the norm and the definition of sheep,what am I?

[lister storm]

Earning and holding to sell, I don't like to spend it as I still feel that credit card is the best option when it comes to online shopping as not many sites accepts bitcoin at a moment.

well a lot of people are just holding their bitcoins in order to benefit from it and make a lot of money after some time because the price is going to grow most probably

i myself hold bitcoins in order to spend it all in the future because i will wait till the time that bitcoin will become the world currency and when most of the shops will start accepting it

[Junko]

I choose 1.

I will accumulate and hodl until the day they have the buying power to spend them as bitcoin. I don't need to buy a Lambo though. I will be happy enough to buy a Mercedes with a few dozen Satoshi. 

And if we haven't reached that point yet when I die, then hopefully it will happen for my nephews who will inherit my bitcoin when I'm gone.

[diodio5]

I put my vote on type 2, but I would also love to earn more bitcoins and save it for future and will sell when price reaches to my desired level, as I don't have option to spend it.

yeah I think people prefer to profit from bitcoin and then convert it to a fiat. so that they can buy a car with their fiat money? whereas today there is a company that provides bitcoin payments for the purchase of cars? is not it a good idea to pay using bitcoin?

[coin_gambler]

I am the opposite of what ever is the norm and the definition of sheep,what am I?

then i guess you are some kind of a wolf then that is going to hold his bitcoins and always try to make a lot of money out of that to be honest, though most of the people want to make a lot of money

im the person who will try to benefit from bitcoin in my opinion but the one that will also  help all the bitcoin community to grow and try to attract a lot of new people to bitcoins

[Hide_ip112]

For me. I will be doing a hold to sell. because I don't like direct spending what I get, I have confidence that in the future the bitcoin goodness and will have a greater advantage than now, so that in addition to hold to sell I will keep some of your bitcoin I get

[greatr]

im the guy who likes to hold his bitcoins and then sell it for a huge price to be honest in order to make profit

[skyway1]

i am from always this type bitcoiner that, I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini.

[rio3233]

I choose hold to sell, because it's my final plan when i holding my bitcoins to get much profit. Especially, right now, the halving is coming and it's good to hold your bitcoins.

[JanpriX]

Hold to spend. This is the type of bitcoiner that I'm currently right now. I just hold my coins hoping that it's value will rise overtime so that I can spend it (buy things online). Best feeling ever.

[fkvidar]

I choose hold to sell, because it's my final plan when i holding my bitcoins to get much profit. Especially, right now, the halving is coming and it's good to hold your bitcoins.

Yeah and the fact is there are not many places yet where we can spend our coins, so if we have to spend it then we need to convert it to fiat first and then spend.

[eternalgloom]

I buy Bitcoins to hold them as savings, but I do also spend some from time to time, just to support businesses that accept Bitcoin.
Usually they offer a discount when using Bitcoin (no transaction fees).