SharkFaceGang
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January 16, 2015, 10:44:02 AM |
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And how do you feel right now? It was a good decision?) *looking at the current situation* YES it was! |
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Ombamaq
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Activity: 89
Merit: 10
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January 16, 2015, 11:05:52 AM |
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im holding till price back to $500  |
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Simon8x
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January 16, 2015, 11:30:37 AM |
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I have about 1.5 btc now.
I have gifted some bitcoin to my friends in the past, but haven't spent any of my bitcoin on goods and services.
Nothing.
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Raya
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January 16, 2015, 12:00:12 PM |
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If you aren't spending Bitcoin your not really helping it grow but relying on others if theres no one buying anything with bitcoin is becomes obsolete and more of a colllatable than anything else.
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Cicero69
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January 16, 2015, 01:14:20 PM |
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And how do you feel right now? It was a good decision?) *looking at the current situation* YES it was! But it depend what you mean... Because any fiat money have a volatility. so, it is not a most important thing, that we must to say, when we speaking about this situation. |
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JohnLennon
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January 16, 2015, 01:23:34 PM |
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And how do you feel right now? It was a good decision?) *looking at the current situation* YES it was! But it depend what you mean... Because any fiat money have a volatility. so, it is not a most important thing, that we must to say, when we speaking about this situation. Agree with you! We must thing about using bitcoin in a real life. |
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Aemon
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January 16, 2015, 02:12:05 PM |
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If you aren't spending Bitcoin your not really helping it grow but relying on others if theres no one buying anything with bitcoin is becomes obsolete and more of a colllatable than anything else.
Wouldn't hoarding bitcoin be better? The more people hoard the bitcoin the less there is in the general public, thus making each Bitcoin value increase in value. When Bitcoin increases in value people are more interested in it and will start purchasing more. |
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Simon8x
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January 16, 2015, 02:50:46 PM |
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If you aren't spending Bitcoin your not really helping it grow but relying on others if theres no one buying anything with bitcoin is becomes obsolete and more of a colllatable than anything else.
Wouldn't hoarding bitcoin be better? The more people hoard the bitcoin the less there is in the general public, thus making each Bitcoin value increase in value. When Bitcoin increases in value people are more interested in it and will start purchasing more. IMO, in the short term, spending bitcoin is like selling bitcoin on exchange, and may cause bitcoin price to go down. But in the long term, spending bitcoin makes the bitcoin system more healthy as a currency, and attracts more people to accept and use bitcoin. |
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XaNyRuK
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January 16, 2015, 05:15:14 PM |
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If you aren't spending Bitcoin your not really helping it grow but relying on others if theres no one buying anything with bitcoin is becomes obsolete and more of a colllatable than anything else.
Wouldn't hoarding bitcoin be better? The more people hoard the bitcoin the less there is in the general public, thus making each Bitcoin value increase in value. When Bitcoin increases in value people are more interested in it and will start purchasing more. IMO, in the short term, spending bitcoin is like selling bitcoin on exchange, and may cause bitcoin price to go down. But in the long term, spending bitcoin makes the bitcoin system more healthy as a currency, and attracts more people to accept and use bitcoin. Yes, you are right! I am think that in the long term bitcoin shall be a good currency, to international payments. |
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Aemon
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January 16, 2015, 05:54:26 PM |
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IMO, in the short term, spending bitcoin is like selling bitcoin on exchange, and may cause bitcoin price to go down.
But in the long term, spending bitcoin makes the bitcoin system more healthy as a currency, and attracts more people to accept and use bitcoin.
I agree with you on some part. I guess if the exchanges have too much Bitcoin though, the price will drop drastically. If you use Bitcoin to purchase from say overstock.com, and they sell the Bitcoin to exchange, it would be bad no? I would assume if the exchanges have 95% of the coin out there, then the price would be worth next to nothing? Thoughts? |
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SharkFaceGang
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January 16, 2015, 11:18:00 PM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... |
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okthen
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January 16, 2015, 11:43:16 PM |
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I try to buy everything possible with bitcoin, which is not so much yet. But when I do it I just convert from fiat whatever amount I need. The cold storage coin is just being hodled till future growth of adoption |
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mizna
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January 17, 2015, 12:29:37 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... yea i dont think too that altcoins has good future, i only think btc has a good future in the cryptocurrencies world  |
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asmal
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January 17, 2015, 02:03:08 AM |
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I try to buy everything possible with bitcoin, which is not so much yet. But when I do it I just convert from fiat whatever amount I need. The cold storage coin is just being hodled till future growth of adoption while we can buy so we buy it with btc its so make us happy |
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alamanjani
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January 17, 2015, 03:31:37 AM |
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Now that bitcoin is priced low, it is collecting time.
If/when it goes much higher again it will be spending time...
Just sayin :-)
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Armen555
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January 17, 2015, 09:47:00 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... Yes, i agree. But to speculation all of they are perfect... |
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JohnLennon
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January 17, 2015, 09:50:29 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... Yes, i agree. But to speculation all of they are perfect... Yeah, and if you want to lose all your money |
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irfan_pak10 (OP)
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Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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January 17, 2015, 09:53:10 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... Yes, i agree. But to speculation all of they are perfect... Consider BTC also in cryptocurrency. I dont think BTC has a good future. I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, Hiding black money etc. People can send their Black money any where with out being located. So i think it will have no future |
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XaNyRuK
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January 17, 2015, 10:01:27 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future... Yes, i agree. But to speculation all of they are perfect... Consider BTC also in cryptocurrency. I dont think BTC has a good future. I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, Hiding black money etc. People can send their Black money any where with out being located. So i think it will have no future All fiat money you can also use to laundering money or to feeding terrorism, but this topic is about spend or not to spend bitcoin... |
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irfan_pak10 (OP)
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Activity: 3220
Merit: 1654
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January 17, 2015, 11:28:06 AM |
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Agree with you! We must thing about using bitcoin in a real life. Most of my cryptocurrencies was in altcoins. I don't think that altcoins has good future...Yes, i agree. But to speculation all of they are perfect... Consider BTC also in cryptocurrency. I dont think BTC has a good future. I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, Hiding black money etc. People can send their Black money any where with out being located. So i think it will have no future All fiat money you can also use to laundering money or to feeding terrorism, but this topic is about spend or not to spend bitcoin... Yes i know its my topic and i know for what type of this topic is, Any way my post was in answer of this question: I don't think that altcoins has good future. |
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