Do you USE your BTC?

[williamj2543]

I try not to. I find it pains me when I spend money currently, when at certain points in history that would be worth 50% more.

[AceWallen]

I try not to. I find it pains me when I spend money currently, when at certain points in history that would be worth 50% more.

ahhh, the trouble with deflationary currency!

i'm way up from my original buy-ins, so i don't mind dipping into my stash a bit to pay for some nice things sometimes...

[spazzdla]

I try not to. I find it pains me when I spend money currently, when at certain points in history that would be worth 50% more.

ahhh, the trouble with deflationary currency!

i'm way up from my original buy-ins, so i don't mind dipping into my stash a bit to pay for some nice things sometimes...

It's only a problem if it is Deflating at like 30% a year..  DO you REALLY think someone would put off buying a Bike for $100 because next year it will be worth 98.5?  Like really?


On topic:  I've donated around .5 BTC to people all over.

[AliceWonder]

No, I don't use my bitcoins. No one local takes them and I do most of my shopping local opposed to on-line, there is higher than normal unemployment in my area so supporting local businesses is very important.

Also, the various on-line places that take it seem to want me to sign up for a web wallet account at least historically - and I don't want to play that game. That's no different than PayPal
Either I enter a payment address into my client and I'm done or it isn't usable to me.

[Erdogan]

They are mine. Mine!

[allthingsluxury]

My business accepts BTC and we still receive orders, so some people certainly are 

[Jace]

I keep telling everybody, if you believe in Bitcoin (like me), do as I do:

1. SPEND your bitcoins wherever you can! The more Bitcoin is being used for actual economic traffic, the more Bitcoin will go mainstream and its acceptance and wide adoption will grow!
2. Buy back (at your exchange or wherever you prefer) the amount of bitcoins you spent, since you understandably don't actually want to lose your bitcoins.

This way you stimulate the growth of Bitcoin in TWO ways: First you take part in the actual Bitcoin economy, by using it as a real life means of payment, thus making Bitcoin more viable as an alternative to fiat money. Second, you contribute to the demand for bitcoins on the market, by buying them back. Win-win!

Seriously, think about it. You can't expect Bitcoin to magically grow huge all by itself, when nobody is actually using it. If you want and expect your bitcoins to go sky-high, even if you're only speculating: SPEND THEM! (and buy back the same amount of bitcoins right away)

[Saffronix]

Well, I don't have a lot of BTC at all, so I don't really spend it.

[Jace]

Well, I don't have a lot of BTC at all, so I don't really spend it.

Read my previous post above. Doesn't matter if you have a ton of bitcoins or just a few. If you want your not-a-lot-of-BTC to go sky-high, spending it is exactly what you should do (and keep buying back the same amount of bitcoins right away).

[BTCfaucetTIME]

I keep telling everybody, if you believe in Bitcoin (like me), do as I do:

1. SPEND your bitcoins wherever you can! The more Bitcoin is being used for actual economic traffic, the more Bitcoin will go mainstream and its acceptance and wide adoption will grow!
2. Buy back (at your exchange or wherever you prefer) the amount of bitcoins you spent, since you understandably don't actually want to lose your bitcoins.

This way you stimulate the growth of Bitcoin in TWO ways: First you take part in the actual Bitcoin economy, by using it as a real life means of payment, thus making Bitcoin more viable as an alternative to fiat money. Second, you contribute to the demand for bitcoins on the market, by buying them back. Win-win!

Seriously, think about it. You can't expect Bitcoin to magically grow huge all by itself, when nobody is actually using it. If you want and expect your bitcoins to go sky-high, even if you're only speculating: SPEND THEM! (and buy back the same amount of bitcoins right away)

I try to do this as well. There are unfortunately a limited number of merchants that accept bitcoin so it isn't always possible to spend bitcoin every day

[Dread Pirate Roberts]

i earn it and i save it until i think i need some money and i make it real cash
easy and efficient bitcoin will be revolutioner later and i save more in my private wallet  who never online ..
thats my plan and my step to save bitcoin securely and straight in plan

[zhinkk]

Starting to use it more and more. I was about to buy a laser off someone on laserpointerforums with paypal until out of curiosity, I asked if he accepted bitcoin. To me surprise, he did. Sent btc, and boom, within a day he sent me my tracking number. That was such a smooth transaction.

[Possum577]

I'm definitely in the accumulation phase of my Bitcoin experience.

But, I completely agree with the "do as you do" folks. Spending is good for the Bitcoin economy, just as spending is good for the US (or any other country's) economy.

[validium]

Over the last couple of weeks i have seen my self spending more and more bitcoins that i have but i mostly use them to pay for my internet connection.

[AceWallen]

I'm definitely in the accumulation phase of my Bitcoin experience.

But, I completely agree with the "do as you do" folks. Spending is good for the Bitcoin economy, just as spending is good for the US (or any other country's) economy.

is it? i actually don't know. the vast majority of merchants accept bitcoin through bitpay or coinbase. they, in turn, provide the merchants with fiat (they sell or hold to sell later). what we don't know much about is off-exchange demand then.

[soccosocco]

yes i am looking for BTC to be sold and turned into money, and I bought goods
because in my country there is very little wear payments BTC
I do not store them in the long run because the price could be dropped

regards.

[boumalo]

Gambled my BTC and lost!

Many are probably in my case

[deadmousehat]

sometimes I use to transaction with my friends 
for now just collect it 

[williamj2543]

Bitcoin is actually pretty good for paying your friends for something. Lets say you don't have cash on you and you need to split a bill, you just send the guy some bitcoin and he will pay for you.

[RoxanaMallett]

I use my BTC for rent mining rig