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Topic: Are You Spending Bitcoin? - page 2. (Read 8644 times)

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
sr. member
Activity: 378
Merit: 250
November 02, 2014, 02:32:58 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
sr. member
Activity: 337
Merit: 250
November 02, 2014, 02:24:38 AM
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 $50-100 a day approx (0.1+ per day). Really pleased, its really possible to do business in bitcoin , and I'm not just doing it cos I'm a bitcoin fanboy and trying to only do business in bitcoin, its actually just easier, instant (especially to buy and sell advertising) - loving it!
member
Activity: 116
Merit: 10
November 02, 2014, 02:13:59 AM
I used bitcoin purchased ASIC Embarrassed
sr. member
Activity: 420
Merit: 250
November 01, 2014, 11:18:51 PM
I spent over two times, one time investment, another is shopping. Now I just hold.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
November 01, 2014, 10:50:16 PM
When I first got into things, I thought I'd be spending them left and right.  Didn't happen lol...and still holding most, trading when I can/see fit.
sr. member
Activity: 353
Merit: 250
Zichain
November 01, 2014, 01:56:54 PM
Well no , Not at the moment , I'am not spending anything , and I don't have that much to spend anyways . but I will start spending if I see that bitcoin isn't rising at all  Cry I know it's a long term investement but it's just stuck at ~300-380$.
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 01, 2014, 01:51:08 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.
hero member
Activity: 635
Merit: 500
BlasterKVs the king of xbox modding
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
member
Activity: 139
Merit: 10
November 01, 2014, 01:42:44 PM
Just ate a delicious pizza paid for with bitcoin Smiley
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 01, 2014, 01:41:30 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)
legendary
Activity: 1260
Merit: 1002
November 01, 2014, 01:38:58 PM
you ahve to be really dumb to be spending bitcoins at this point.
newbie
Activity: 16
Merit: 0
October 30, 2014, 10:06:26 PM
I want to spend it, but not many places for me to spend it.
member
Activity: 93
Merit: 10
Spendabit is a search engine for Bitcoin
October 30, 2014, 08:54:09 PM
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!   Smiley
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