Do you USE your BTC?

[iL_P4driNo]

Until now, i didn't use bitcoin in real life. I just use it for trading and investing, after that i turn it to cash again. I don't have any chance in my country to use it other way.

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[bitfornewbs]

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

Holding is a good idea when investing. But sometimes I use bitcoin for personal expenses. You really have to if you are living alone. While most of it are going to be hold for a little longer. With bitcoins price dropping, I think I'll hold most of them for now and buy new BTC so that I can gain it again when price pumps. And I am sure that it will pump. I'll be patient. There are so many establishments and companies that are starting to adopt bitcoin so I think it is just a start and not really the problem with bitcoin.

[Snowmylife]

clients pay me in bitcoin, i hold them or sometimes play them on an online bitcoin casino, never really found stuff to purchase with btc. Hoarding is something im considering considering the rate at which bitcoin is shooting

[sheamus10]

Everyone has own needs, so I always use bitcoin when I need. At that time my needs were not too many, so I used the result of bitcoin to buy another coin asset.
because I think if we have other coin assets, the more profit we can get.

[monsterous]

no i only hold it and keep buy more when find price down but never use it



who like me

[2taps]

I don't really use my Bitcoin i just wait for the value to rise and sell them again and wait for the bitcoin to fall down in value again to buy it. That is what i have been doing all the time and now that the value is so high i was able to make a lot of bitcoins and buy some stuff with it.

[gundala]

for now I use bitcoin just as a commodity. I have never used bitcoin to buy anything. usually I wait for the right moment to start selling bitcoin.

[kkofor]

I only use bitcoin when really needed. Forr me, BTC is a kinds of assets. It is not for payment.

[chadtn]

I think that everybody uses BTC. But in different ways: some of them just hold, some trade. So that's why its so popular.

[wolfracer]

I really think that, It is not the lack of acceptance at the time of making payments that causes that conjecture, but the fact that the people who own it know the value of bitcoin over time, they have it there as reserve waiting for its value to increase ever more, until you reach the point where they deem it necessary or sufficient to make expenditures or purchases, without the need to exhaust all their btc.

[yulionoo]

im not collect bitcoin for hoarding. every get it and the price is good for me, i will sell in that time. but if price too low for me i will hold until good one rise.
i use bitcoin to meet my economic, so i never feel deficiency

[paulmusa25]

Yes! I use my btc for investment, trading and for peer to peet transaction.

[momopi]

Partial of it I use for my "wants" like gadgets, etc. But I make sure I still have some BTC left on wallet.

[dyewic]

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

Actually I'm using only my bitcoin if there's an emergency. Some of the users here are waiting to the price of it to goes up but that's not my reason. Just like what I said I'm only use it when there's an emergency so that when it came I'm ready and I have a money if need. I don't use it without a valid reason.

[siddu1]

I don't use my bitcoin because bitcoin future we can't explain and I think anyone can't 😂
so I just hold my bitcoin for future

[btcdepo]

Until now, i didn't use bitcoin in real life. I just use it for trading and investing, after that i turn it to cash again. I don't have any chance in my country to use it other way.

Same here. Most of the time I've been doing day trading and swing trading with my bitcoins. I have some targets to achieve as total income. After that I'll be using some part of it.

[jatin729]

Yes i am using btc, in my country we can't able to use BTC ad currency right now but usually i convert btc into fiat currency and use it as normal.

[KingOfWinterfell01]

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

As of now, there are a lot of stores accepting bitcoins as payment for goods and services, so we can weed out the aforementioned factor in this post. Hoarding is indeed the reason why people don't spend much more of their bitcoins. Think about it. Would you spend your bitcoins on buying a piece of clothing and eventually knowing that the price of your bitcoins now will rise tomorrow. So it's impractical to use bitcoins for that matter.

[Baby Dragon]

I have traded some,gambled in tiny and purchased gyft cards

Actually, I usually trade my bitcoin and most of my bitcoin is for buying altcoin and after buying I prefer to hold. We all know that holding bitcoin or altcoin is one of the best way to earn income. I think I will save the half of my bitcoin and the rest will be traded.

[MarkusIsaiah]

I used my bitcoin for emergency purpose only like if our allowance are delayed then there is incoming payments like bills, loans then that is the time that i need to withdraw some of my bitcoin than sometimes im also buy children stuff in my bitcoin.