noobtrader (OP)
Legendary
 Offline
Activity: 1456
Merit: 1000
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September 25, 2014, 01:20:26 PM |
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 I'd like to know how bitcoin holder spend and replenish their bitcoin. thanks
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"...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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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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SeaofBTC
Newbie
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Activity: 43
Merit: 0
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September 25, 2014, 01:29:29 PM |
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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.
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BIGbangTheory
Member
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Activity: 83
Merit: 10
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September 26, 2014, 04:22:07 AM |
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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
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PenAndPaper
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September 26, 2014, 04:44:37 AM |
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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... |
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RobertDJ
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September 26, 2014, 05:54:29 AM |
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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 |
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azguard
Legendary
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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September 26, 2014, 06:46:29 AM |
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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
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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September 26, 2014, 07:09:50 AM |
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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 |
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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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dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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September 26, 2014, 01:10:47 PM |
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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.  |
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.HUGE. | | | | | | █▀▀▀▀
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CASINO & SPORTSBOOK
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sandykho47
Sr. Member
Offline
Activity: 252
Merit: 251
Knowledge its everything
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September 26, 2014, 01:21:39 PM |
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I don't buy bitcoin after spend them But i buy when the price is down |
Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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CryptoCarmen
Member
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Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
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September 27, 2014, 12:05:42 PM |
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Did you buy bitcoin after you spend them ?
I spend them as soon as i buy them. so No. |
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Razick
Legendary
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Activity: 1330
Merit: 1003
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September 27, 2014, 02:55:07 PM |
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I usually buy the exact amount a few seconds before I send payment.
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ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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maurya78
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September 27, 2014, 03:19:22 PM |
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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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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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September 27, 2014, 05:57:50 PM |
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i keep spending bitcoin every month so i need to buy and i dont care about the price.
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pcshared
Newbie
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Activity: 28
Merit: 0
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September 27, 2014, 09:31:19 PM |
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According to Chart
And Retrospect
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polynesia
Legendary
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Activity: 1358
Merit: 1000
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September 28, 2014, 04:06:36 AM |
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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. Where did you invest your bitcoins? |
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DhaniBoy
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September 28, 2014, 05:07:15 AM |
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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 ...  |
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Oscilson
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September 28, 2014, 09:26:56 AM |
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I do not buy them after I spend. I mine.
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Fabrizio89
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September 28, 2014, 01:21:17 PM |
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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. |
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noobtrader (OP)
Legendary
Offline
Activity: 1456
Merit: 1000
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September 29, 2014, 07:05:14 AM |
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 im very very sad looking at the pool result atm
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"...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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