Millzp0 (OP)
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November 06, 2017, 12:48:23 AM |
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HODL/Investment = Profit
at some point spending will begin...
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Yakamoto
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November 06, 2017, 01:15:16 AM |
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HODL/Investment = Profit
at some point spending will begin...
Whenever they want to. How are we supposed to decide when someone is going to start spending their money? They can hold until they think that they have made enough off of their holding, and then they can choose to start spending. It all comes down to the individual's desire to hold, and nothing more than that, really. You cannot decide what someone wants for them, it is entirely up to them to choose when they have enough money stored up and they have the desire to spend money on something. If they never have the desire to spend, so be it. |
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rjbtc2017
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November 06, 2017, 01:20:00 AM |
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They should. They should spend it eventually. They should use Bitcoin as a currency and not as a reserve form of a currency. If you want to continue the main function of Bitcoin as a currency then you should at least use it as a currency. Holding is not bad but Holding it for too long is not good in my opinion. They should at least spend a small part of it. Let's support the Bitcoin System by Spending Bitcoin as a currency.
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rube08
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November 06, 2017, 01:21:40 AM |
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HODL/Investment = Profit
at some point spending will begin...
If you are say that when bitcoin becomes mainstream worldwide adoption as a means of payment, then people will start spending bitcoins. Bitcoins right now is a means of an investment tool based on the speculation that it would eventually replace fiat currency. I believe it will happen but it will take a lot of time before this is implemented. |
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Millzp0 (OP)
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November 06, 2017, 01:24:32 AM |
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are we spending too much time just trading BTC? hodling BTC? because I feel the least people are doing is using is BTC as a fiscal currency for purchases
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16B9V1QRCjLvzg676nbagXEtTigfekjwuS
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dimastegar
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Small Trader
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November 06, 2017, 01:35:57 AM |
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I myself itch if it takes too long to hold Bitcoin and not spend it. I prefer to set aside my Bitcoin for trading and a little more to buy internet data packages. Trading with Bitcoin that we have, will make our heart trained. Because surely we will see loss and not always win in spending Bitcoin for trading. So, HODL is the best. But trading is challenge.
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AntonioE
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November 06, 2017, 01:48:02 AM |
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It doesn't matter at all. It's your call whenever you want to spend it or use it.
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jaaeeeyyyy
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November 06, 2017, 02:27:06 AM |
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They should spending their btc when it nearly to be mined all because it might decrease it's value or increase there's no assured result for that. Bitcoin is more benefitable when the price is high , that you can spend its current value throughout the day that it increase.
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amishmanish
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November 06, 2017, 02:31:15 AM |
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They can start anytime i guess. There are a lot of mega holders who I guess do spend them. The problem is till it has not reached some sort of peak and plateaued out, the cost in spending it right now is too much. That is what bitcoin has taught HODLers time and time again. Those who adopted early and got 100s of them free can talk about it being a currency and some sort of harbinger of revolutions but what about the people who got in at say 2000$, 3000$ and even now getting in at ~8000$. These people are doing it in the hope that it'll hit 100,000$. They will possibly never spend it for real-world products. For ETH and some other crypto, maybe yes, but highly unlikely to buy a coffee or pizza. (never pizza of course//  ) |
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shesheboy
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November 06, 2017, 02:36:46 AM |
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HODL/Investment = Profit
at some point spending will begin...
i usually spend my bitcoin whenever i need it, like if theres an ocassion (birthdays, anniversaries, christmas day, etc.) but most of the time i dont because i always wanted to hold my bitcoins as much as i can to earn much profit if bitcoins value will pump more over 10000 dollars and if that happen i maybe tempted to sell off my hard earned bitcoins. |
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Nerman
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November 06, 2017, 02:48:41 AM |
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This is a tough question because i think bitcoins price will still go up and up in years and i want to keep all my coins with me as much as possible. I do not spend bitcoin or altcoins unless for trading and fees but to buy things i use fiat. I agree with you that there will be a point that people will spend their bitcoin but i really think it is still far in the future. Of course people will spend and can their bitcoin if they want to but i personally think it is not wise to use it since the value of bitcoin will continue to rise. So when ia the time to spend it maybe if all government accepted bitcoin as an alternative currency or almost all bitcoins are mined.
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yugyug
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November 06, 2017, 02:50:56 AM |
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bitcoin was not supposedly used to hold but rather it is better to spend, but holding bitcoin makes more of its value due to limited supply but it is not the desired purpose of bitcoin for not to spend as it was made as a digital currency and not a commodity or assets.for a bitcoin holder and bitcoin believer anyday is the right time to spend , spend what you can afford to lose.
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Spendulus
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November 06, 2017, 02:54:12 AM |
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HODL/Investment = Profit
at some point spending will begin...
I AM SPENDULUS. Spendulus will speak when HODLers should spend. There will be a big party among people freed of debt based fiat currencies.  |
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bitcoinvamp
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November 06, 2017, 02:54:25 AM |
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HODL/Investment = Profit
at some point spending will begin...
Spending of money depends on the individual needs . There is no specific time , a person should spend his money whenever he wants. Thinking about profit all the time will make you save all the time as you will think that the price will still go up . So, don't wait and spend whenever its needed. |
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Spendulus
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November 06, 2017, 02:55:44 AM |
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They can start anytime i guess. There are a lot of mega holders who I guess do spend them. The problem is till it has not reached some sort of peak and plateaued out, the cost in spending it right now is too much. That is what bitcoin has taught HODLers time and time again. Those who adopted early and got 100s of them free can talk about it being a currency and some sort of harbinger of revolutions but what about the people who got in at say 2000$, 3000$ and even now getting in at ~8000$. These people are doing it in the hope that it'll hit 100,000$. They will possibly never spend it for real-world products. For ETH and some other crypto, maybe yes, but highly unlikely to buy a coffee or pizza. (never pizza of course// ) |
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Raimy
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★777Coin.com★ Fun BTC Casino!
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November 06, 2017, 03:39:20 AM |
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When Bitcoin hits $500k in a few more years you will regret cashing out now at a paltry $7500.
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aizen10
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November 06, 2017, 05:17:09 AM |
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HODL/Investment = Profit
at some point spending will begin...
i think holders start to spend bitcoin if they already reached their goals, for example they want to grow their bitcoin into 500% for 1-2 years, after they reached that 500% profits, they just withdraw the amount of bitcoin they have and start spending. then they start again to invest in bitcoin then they set again their goals to be achieve for the another years they want to, like me i set my self to spend my bitcoin after 2-3 years, what ever it takes i will spend it after that. i only have 1 year to come to spend those profits ive earn.  |
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jilani
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November 06, 2017, 05:29:50 AM |
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HODL/Investment = Profit
at some point spending will begin...
Hold/Investment=must profit i believe this rules and of course you try to invest for long time because without long time holding big profit is not possible.All BTC holders already got big profit. |
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childish
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November 06, 2017, 05:43:58 AM |
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HODL/Investment = Profit
at some point spending will begin...
i think holder will spend their bitcoin when bitcoin high price and sell all their bitcoin and convert it to real money and waiting to low price then buy again, its called trade |
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lucifochrome
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November 06, 2017, 05:59:58 AM |
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There is no definite time where bitcoin holders should start spending but in my opinion it is best if you hodl your bitcoin for as long as you want specially if you have bought your bitcoin back when the price is very low. The profit that you will be gaining is so much higher than spending it right now but if you cant help it then i suggest take half of the amount of bitcoin that you have and spend it to anything that you like.
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