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Author Topic: when should bitcoin hodlers start spending ?  (Read 663 times)
frankbitcoin
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November 06, 2017, 02:37:16 PM
 #61

now.  convert fiat currency to Bitcoin to add to the transaction volume on the network.  You can still HODL.  replace your spends with BTC purchases.  wash and repeat.  this helps Bitcoin more than you think!
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Fundalini
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November 06, 2017, 02:38:08 PM
 #62

I think its arbitrary since its your own money to begin with. It is much better though if they could reinvest their funds to other things that would profit also otherwise if its just for liabilities...I'd consider it a bad decision.  
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November 06, 2017, 02:51:39 PM
 #63

When we really need to. Personally, I convert my bitcoin into fiat when I don't have funds and I really need to buy something. Or sometimes, if the price already reached the price we set or planned to convert it back to fiat. Or when you set a date, 2 years after having that bitcoin for example, then it's already time for me to convert it to fiat and spend it to whatever it can buy.

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November 09, 2017, 10:59:52 AM
 #64

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.

It will depend on the hodlers, If they are hodling the coin just for the future then there is a low chance for them to sell it. What they are waiting is for the coin to be priced thousands of dollars before releasing the coin. For people who just have coins and used it for daily expenses then expect them to spend the coin every time.
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November 12, 2017, 11:26:00 PM
 #65

HODL/Investment = Profit
at some point spending will begin...

Some of people who get income from bitcoin only, they spend bitcoin every month.
They will convert into their fiat money to buy what they need like food amd something else.
desi92
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November 13, 2017, 12:21:13 AM
 #66

HODL/Investment = Profit
at some point spending will begin...

At some point, when like to enjoy their profit, spending will begin.
If trader want to go to vacation, so they should sell bitcoin to spend on vacation.
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