Are You Spending Bitcoin? - page 2. | Bitcointalksearch.org

Nerazzura

sr. member

Activity: 378

Merit: 250

Quote from: jeromanomic on August 10, 2014, 06:29:17 AM

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?

yes, I've often perform transactions to purchase goods with bitcoin. but not to a company. only fellow users of bitcoin, and it's been a lot here. it would be better if we spend for bitcoin bitcoin to use the goods / services at a company great. it will certainly increase the popularity of bitcoin

bitcoinaliens

sr. member

Activity: 337

Merit: 250

Im transacting daily in bitcoin, not just "spending without rebuying" but I'm running a small business and paying and receiving almost 80% of all funds in and out in bitcoin - around $50-100 a day approx (0.1+ per day). Really pleased, its really possible to do business in bitcoin , and I'm not just doing it cos I'm a bitcoin fanboy and trying to only do business in bitcoin, its actually just easier, instant (especially to buy and sell advertising) - loving it!

kissxrl

member

Activity: 116

Merit: 10

I used bitcoin purchased ASIC Embarrassed

Zhan21

sr. member

Activity: 420

Merit: 250

I spent over two times, one time investment, another is shopping. Now I just hold.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

When I first got into things, I thought I'd be spending them left and right. Didn't happen lol...and still holding most, trading when I can/see fit.

Biitcoin

sr. member

Activity: 353

Merit: 250

Zichain

Well no , Not at the moment , I'am not spending anything , and I don't have that much to spend anyways . but I will start spending if I see that bitcoin isn't rising at all Cry

I know it's a long term investement but it's just stuck at ~300-380$.

segvec

full member

Activity: 196

Merit: 100

The cheddar breed jealousy

Quote from: moko666 on November 01, 2014, 01:49:41 PM

i have spend my coins when price was fair but at this price i m holding my coins and won't sell them at cheaper price
bitcoin is precious ,hold it

At least some people understand how investing/coin works.

moko666

hero member

Activity: 635

Merit: 500

BlasterKVs the king of xbox modding

i have spend my coins when price was fair but at this price i m holding my coins and won't sell them at cheaper price
bitcoin is precious ,hold it

LeMiner

member

Activity: 139

Merit: 10

Just ate a delicious pizza paid for with bitcoin

segvec

full member

Activity: 196

Merit: 100

The cheddar breed jealousy

Quote from: hdbuck on November 01, 2014, 01:38:58 PM

you ahve to be really dumb to be spending bitcoins at this point.

I second this.
HOLD all coins...unless you buy at current rate and use at current rate. (defeats the purpose though)

hdbuck

legendary

Activity: 1260

Merit: 1002

you ahve to be really dumb to be spending bitcoins at this point.

dashen

newbie

Activity: 16

Merit: 0

I want to spend it, but not many places for me to spend it.

spendabit

member

Activity: 93

Merit: 10

Spendabit is a search engine for Bitcoin

For those of you that do choose to spend 'coins, please let us know if there's any merchants/stores you'd like us to add to Spendabit that we don't have yet!

jeromanomic

newbie

Activity: 28

Merit: 0

Rather than taking an exchange rate hit to 'replace it as you spend it' wouldn't it make more sense to just buy it as you need it, so buy the amount you need and spend it instantly so there is less exchange rate risk and you still support the system?

evok3d

sr. member

Activity: 534

Merit: 250

The Protocol for the Audience Economy

I use it where ever i can:

- Pay rent through localbitcoins
- Pay for flight if i can
- Change for cash if fiat is not around
- Use it instead of fiat in cases where fiat is not very efficient or as easy (which happens alot)
- gain access to cash when banks are closed or to transfer to friends as cash rather than bank transfers

The more i use it the more the bitcoin ecosystem is turning Cheesy

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

I still have not spent any bitcoins in a long time. I have tried to get Restoration Hardware to accept BTC...so far have been unsuccessful.

I am also in the process of trying to get my dentist to start accepting BTC. I am going to get veneers, so it would be cool if he accepted BTC.

Other than that, I am just staying put with what I have for the time being...riding the waves up and down. Mainly down lately obviously...

mllenios

full member

Activity: 154

Merit: 100

PAMINTA 101

Yes... I am spending BTC regularly.

furlong

member

Activity: 69

Merit: 10

Why would I? i have only 0.5

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

At the moment I don't spend any bitcoin that I have Undecided

.

arxwn

newbie

Activity: 56

Merit: 0

Quote from: BAIDY1 on September 19, 2014, 03:49:07 AM

I want to spend BTC, but I really don't know where to spend it except gambling!

You dont have bitcoin accepting merchants in your area ?

Topic: Are You Spending Bitcoin? - page 2. (Read 8527 times)