Are You Spending Bitcoin?

[segvec]

you ahve to be really dumb to be spending bitcoins at this point.

I second this.
HOLD all coins...unless you buy at current rate and use at current rate. (defeats the purpose though)

[1714029400]

1714029400

[1714029400]

1714029400

[1714029400]

1714029400

[1714029400]

1714029400

[1714029400]

1714029400

[LeMiner]

Just ate a delicious pizza paid for with bitcoin

[moko666]

i have spend my coins when price was fair but at this price i m holding my coins and won't sell them at cheaper price
bitcoin is precious ,hold it

[segvec]

i have spend my coins when price was fair but at this price i m holding my coins and won't sell them at cheaper price
bitcoin is precious ,hold it

At least some people understand how investing/coin works.

[Biitcoin]

Well no , Not at the moment , I'am not spending anything , and I don't have that much to spend anyways . but I will start spending if I see that bitcoin isn't rising at all   I know it's a long term investement but it's just stuck at ~300-380$.

[Piston Honda]

When I first got into things, I thought I'd be spending them left and right.  Didn't happen lol...and still holding most, trading when I can/see fit.

[Zhan21]

I spent over two times, one time investment, another is shopping. Now I just hold.

[kissxrl]

I used bitcoin purchased ASIC

[bitcoinaliens]

Im transacting daily in bitcoin, not just "spending without rebuying" but I'm running a small business and paying and receiving almost 80% of all funds in and out in bitcoin - around $50-100 a day approx (0.1+ per day). Really pleased, its really possible to do business in bitcoin , and I'm not just doing it cos I'm a bitcoin fanboy and trying to only do business in bitcoin, its actually just easier, instant (especially to buy and sell advertising) - loving it!

[Nerazzura]

I just read this:
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014

It raises an interesting point that if we spend Bitcoin to buy stuff, the companies will most likely sell the BTC pretty quickly.

What do you think?

Will shopping with Bitcoin be good or bad for the price of BTC?

yes, I've often perform transactions to purchase goods with bitcoin. but not to a company. only fellow users of bitcoin, and it's been a lot here. it would be better if we spend for bitcoin bitcoin to use the goods / services at a company great. it will certainly increase the popularity of bitcoin

[bitcoinaliens]

Yeh imo right now shopping is bad for the bitcoin price, dell , expedia etc, theyre obviously just selling off immediately - they need to, they run a business, and that isnt to speculate on bitcoin price - but while its bad in the short term, its essential and will lead to further adoption and eventually to price increasing due to mainstream adoption and mass usage... imo... or at least, I think its the only way to one day get to mainstream adoption

[nor9865]

I have bought from overstock around 6 months ago, nothing since then. Bitcoin black friday was fun too.

[Chavez]

I'd really love to spend some of my coins on things I want, but I just can't bring myself to spend them at such low price. Everytime I almost persuade myself to spend them the price seems to have fallen lower and lower. Feel like I'd just be losing money spoending them now.

[zoukenn]

Sometime I spend bitcoin, in particular when there is some sale for people which use it (good way to promote bitcoin). Anyway, I don't want spend so much bitcoin because I think that (especially now) it isn't a good thing to spend, considering that price is low..

[nor9865]

I'd really love to spend some of my coins on things I want, but I just can't bring myself to spend them at such low price. Everytime I almost persuade myself to spend them the price seems to have fallen lower and lower. Feel like I'd just be losing money spoending them now.

You'd only be losing money if the price for 1 bitcoin rose from the time you spent it. Currently that isn't a problem!

You can always buy back the bitcoin you spent with 10% more, so that your bitcoin holdings are ever increasing or steady.

[nor9865]

Sometime I spend bitcoin, in particular when there is some sale for people which use it (good way to promote bitcoin). Anyway, I don't want spend so much bitcoin because I think that (especially now) it isn't a good thing to spend, considering that price is low..

Refer to the post I just made above!

[Daniel91]

I have no choice but to spend bitcoin I earn, in order to cover my daily expenses.
Bitcoin is still unstable, and I can't wait that bitcoin became more stable or raise in value.
I need money now.

[Pingu]

I have no choice but to spend bitcoin I earn, in order to cover my daily expenses.
Bitcoin is still unstable, and I can't wait that bitcoin became more stable or raise in value.
I need money now.

Do you get paid a wage in bitcoin? The price fluctuation is definitely a problem when it comes to being used as a currency. Wouldn't be too bad if it kept rising though  .

[waser12]

Getting bitcoins then spending bitcoins, that is good!

[Some1else0]

I hold most of my Bitcoins but I do give out coins on reddit via Changetip to raise awareness and get people interested.