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Question: After you spend your bitcoin ie: buying product/food/coffe etc did you bought back the btc ?  (Voting closed: October 25, 2014, 01:20:26 PM)
YEA, right after buying the product - 14 (37.8%)
yes, after the price drop - 6 (16.2%)
maybe if i got the spare mony - 6 (16.2%)
rarely - 1 (2.7%)
no - 10 (27%)
Total Voters: 37

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Author Topic: Did you buy bitcoin after you spend them ?  (Read 2355 times)
noobtrader
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September 25, 2014, 01:20:26 PM
 #1

 Grin

I'd like to know how bitcoin holder spend and replenish their bitcoin.

thanks

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SeaofBTC
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September 25, 2014, 01:29:29 PM
 #2

I usually spend bitcoin when price is high, and buy more when price is low. I use relative locations compared to the past ~20-30 days. So, I don't instantly buy back, but I end up with more than I started with overall.
BIGbangTheory
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September 26, 2014, 04:22:07 AM
 #3

This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

I would think that as long as merchants offer some level of discount for buying with bitcoin then this behavior would lead to increasing bitcoin prices (people would buy the fiat equivalent of the "base" purchase price, causing them to buy more bitcoin then they spent
PenAndPaper
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September 26, 2014, 04:44:37 AM
 #4

This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
RobertDJ
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September 26, 2014, 05:54:29 AM
 #5

This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
When one person buys .1 BTC (for example), it will have very little impact on the market. However when 1,000 people each buy .1 BTC it will have a great impact
azguard
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September 26, 2014, 06:46:29 AM
 #6

I rarely buy BTC usually invest and get lucky but most of time watch markets for some price change.

Sometimes even invest in some new coin but that is 50-50% chance for you to success but sometimes it is worth everything.



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lyth0s
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September 26, 2014, 07:09:50 AM
 #7

I always rebuy the BTC I spend the same day that I spend it. Not giving up my investment in Bitcoin for a few goodies

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PenAndPaper
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September 26, 2014, 07:27:30 AM
 #8

This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
When one person buys .1 BTC (for example), it will have very little impact on the market. However when 1,000 people each buy .1 BTC it will have a great impact

No because 1000 people don't buy .1 at the same time nor from the same place. They can't move the market like a merchant that can choose when and where to dump a huge amount.
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September 26, 2014, 01:10:47 PM
 #9

I bought a fraction of a bitcoin when I had the money once, then I just invest some of it and I managed to double it, thanks to some tips from the pros. Smiley

sandykho47
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September 26, 2014, 01:21:39 PM
 #10

I don't buy bitcoin after spend them
But i buy when the price is down  Smiley

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September 27, 2014, 12:05:42 PM
 #11

Did you buy bitcoin after you spend them ?

I spend them as soon as i buy them. so No.
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September 27, 2014, 02:55:07 PM
 #12

I usually buy the exact amount a few seconds before I send payment.

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maurya78
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September 27, 2014, 03:19:22 PM
 #13

I usually try to buy back what I spend reasonably promptly
I want to avoid experiencing regret so this is a good way to avoid that

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September 27, 2014, 05:57:50 PM
 #14

i keep spending bitcoin every month so i need to buy and i dont care about the price.

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September 27, 2014, 09:31:19 PM
 #15

According to Chart
And Retrospect
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September 28, 2014, 04:06:36 AM
 #16

I bought a fraction of a bitcoin when I had the money once, then I just invest some of it and I managed to double it, thanks to some tips from the pros. Smiley

Where did you invest your bitcoins?
DhaniBoy
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September 28, 2014, 05:07:15 AM
 #17

I never spend bitcoin I can to buy the goods, until now I still collect bitcoin little by little, I only ever bitcoin currency exchange prevailing in my country, and I am very happy to get the money, hopefully I can buy something for which I collected from the bitcoin ...  Cool

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September 28, 2014, 09:26:56 AM
 #18

I do not buy them after I spend. I mine.
Fabrizio89
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September 28, 2014, 01:21:17 PM
 #19

Yes during these phases of price discovery I always try to spend at a top and buy again (more than I spent if I can) when the price drops again. Smiley
noobtrader
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September 29, 2014, 07:05:14 AM
 #20

 Undecided

im very very sad looking at the pool result atm

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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