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Topic: Are You Spending Bitcoin? (Read 8527 times)

sr. member
Activity: 274
Merit: 250
November 03, 2014, 08:05:16 AM
I'm a hoarder and have no shame in that. I think bitcoin has the potential to be far bigger than it is now so I'm holding on for the price rise to reflect this in the future. I'd spend my coins then but only then.

Are You Spending Bitcoin?

Yes, as it comes.

That's what she said  Grin.
full member
Activity: 154
Merit: 100
November 03, 2014, 07:58:40 AM
Are You Spending Bitcoin?

Yes, as it comes.
sr. member
Activity: 366
Merit: 250
November 03, 2014, 07:50:13 AM
No, I'm not at the moment. I'd be losing  money if I was to spend it at the current price. I plan to start spending in the future if/when it recovers, though.

I would spend more if there were more ways to spend it.... I think that is the problem at the moment.

You mean besides gambling, buying almost anything you want and tipping?

It's not the same as spending it directly, though it's a start.
newbie
Activity: 56
Merit: 0
November 03, 2014, 07:49:27 AM
Yes.. I currently play bitcoin dice and lotto game but I am having a hard time playing it.
legendary
Activity: 1778
Merit: 1043
#Free market
November 03, 2014, 07:28:06 AM
Yes ! I've purchased one ravenbit node physical coin  , here my post and some photos :

https://bitcointalksearch.org/topic/m.9422007
Q7
sr. member
Activity: 448
Merit: 250
November 03, 2014, 07:21:04 AM
Not at the moment. I'm hoarding the coin
full member
Activity: 205
Merit: 105
November 03, 2014, 03:16:51 AM
I would spend more if there were more ways to spend it.... I think that is the problem at the moment.

You mean besides gambling, buying almost anything you want and tipping?
newbie
Activity: 28
Merit: 0
November 02, 2014, 08:31:03 PM
I would spend more if there were more ways to spend it.... I think that is the problem at the moment.


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?

I always plan to spend some but I never do. Sad
newbie
Activity: 3
Merit: 0
November 02, 2014, 06:22:50 PM
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?

I always plan to spend some but I never do. Sad
hero member
Activity: 644
Merit: 501
November 02, 2014, 06:06:08 PM
Are You Spending Bitcoin?

All the time.
member
Activity: 111
Merit: 10
November 02, 2014, 03:51:19 PM
I hold most of my Bitcoins but I do give out coins on reddit via Changetip to raise awareness and get people interested.
full member
Activity: 476
Merit: 100
November 02, 2014, 01:49:27 PM
Getting bitcoins then spending bitcoins, that is good!
member
Activity: 67
Merit: 10
November 02, 2014, 07:24:14 AM
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  Grin.
legendary
Activity: 3374
Merit: 1824
November 02, 2014, 07:03:09 AM
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.
hero member
Activity: 700
Merit: 500
If you think you know me.. Think again
November 02, 2014, 06:42:14 AM
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!
hero member
Activity: 700
Merit: 500
If you think you know me.. Think again
November 02, 2014, 06:41:56 AM
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.
full member
Activity: 120
Merit: 100
November 02, 2014, 06:32:23 AM
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..
member
Activity: 71
Merit: 10
November 02, 2014, 06:30:16 AM
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.
hero member
Activity: 700
Merit: 500
If you think you know me.. Think again
November 02, 2014, 06:27:24 AM
I have bought from overstock around 6 months ago, nothing since then. Bitcoin black friday was fun too.
sr. member
Activity: 337
Merit: 250
November 02, 2014, 03:09:20 AM
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
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