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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)
chenka563
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September 29, 2014, 01:02:03 PM
 #21

i Want  to  say: i don't sell my btc always,because i believe that   the next  i would sell a more Higher prices.isn't it?

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September 29, 2014, 05:55:03 PM
 #22

i m always getting bitcoin as much as i can
whenever i sell some of them to buy some product or for cash
i buy btc after that as soon as i get some spare money in my hand

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September 30, 2014, 05:24:12 PM
 #23

Why would I buy food and whatnot with BTC when I can buy it with FIAT money?
Ayers
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September 30, 2014, 08:18:02 PM
 #24

if the price drop i buy somes, but i need to see it rising a bit first, i want to be sure that we reached the bottom or we are near it
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October 01, 2014, 01:50:57 AM
 #25

Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.

"...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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October 01, 2014, 07:25:56 AM
 #26

I do not buy them after I spend. I mine.
noobtrader
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October 01, 2014, 11:42:58 AM
 #27

I do not buy them after I spend. I mine.

if you mine that mean you gamble bitcoin at overpriced value. think this way...  you wire money  and yet no bitcoin, then you mine for maybe 6 month then it get unprofitable ? then you look at the price of bitcoin and your mined bitcoin and oh dear....

"...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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October 08, 2014, 05:01:59 AM
 #28

Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.
This will not always work in your favor as the long term trend is that the price of bitcoin is increasing, therefore the chances are higher that you will pay a higher price to repurchase your bitcoin if you do so after you spend it.

In order for you to most effectively repurchase bitcoin after you spend it, the best option is to do so as soon as you can in order to minimize pricing risk
DhaniBoy
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October 08, 2014, 06:25:02 AM
 #29

Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.
This will not always work in your favor as the long term trend is that the price of bitcoin is increasing, therefore the chances are higher that you will pay a higher price to repurchase your bitcoin if you do so after you spend it.

In order for you to most effectively repurchase bitcoin after you spend it, the best option is to do so as soon as you can in order to minimize pricing risk

as good now because prices keep bitcoin bitcoin being dropped, even if you want to invest, invest, but not the whole bitcoin, you invest, because it is too risky to invest at a price continued to fall, terbaaik thing you should do is continue to collect bitcoin and save it ... :p

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panju1
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October 08, 2014, 05:52:26 PM
 #30

Spend bitcoin, wait a day.... You may be able to buy a lot more bitcoins.  Grin
bajlox
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October 09, 2014, 05:15:07 AM
 #31

Happen once or twice bought something then price goes down a bit then i bought btc.

Now when i spend some amount of btc on purchase day or two after i receive back almost same amount from some small job.

Oscilson
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October 09, 2014, 09:43:59 PM
 #32

Spend bitcoin, wait a day.... You may be able to buy a lot more bitcoins.  Grin

This may not last long
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October 10, 2014, 04:31:10 AM
 #33

Never really bought anything with them besides food lol.
BJay87
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October 10, 2014, 01:37:10 PM
 #34

Never really bought anything with them besides food lol.

Is there a marketplace for that?

botany
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October 12, 2014, 12:55:39 AM
 #35

Never really bought anything with them besides food lol.

Is there a marketplace for that?

There is a site mentioning restaurants that accept bitcoins.
http://bitcoinrestaurants.net/
BayAreaCoins
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October 12, 2014, 01:03:42 AM
 #36

Grin

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

thanks

Duh... how else are you supposed to re-up?

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