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Topic: Are you spending your Bitcoin? - page 26. (Read 45532 times)

legendary
Activity: 3234
Merit: 1654
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January 17, 2015, 06:28:06 AM
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.
newbie
Activity: 12
Merit: 0
January 17, 2015, 05:01:27 AM
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...
legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 17, 2015, 04:53:10 AM
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
newbie
Activity: 29
Merit: 0
January 17, 2015, 04:50:29 AM
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 Cheesy
newbie
Activity: 22
Merit: 0
January 17, 2015, 04:47:00 AM
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...
full member
Activity: 136
Merit: 100
January 16, 2015, 10:31:37 PM
Now that bitcoin is priced low, it is collecting time.
If/when it goes much higher again it will be spending time...

Just sayin :-)
sr. member
Activity: 252
Merit: 250
January 16, 2015, 09:03:08 PM
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 Smiley


while we can buy so we buy it with btc Smiley
its so make us happy  Cheesy
sr. member
Activity: 252
Merit: 250
January 16, 2015, 07:29:37 PM
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  Cheesy
hero member
Activity: 490
Merit: 500
January 16, 2015, 06:43:16 PM
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 Smiley
newbie
Activity: 31
Merit: 0
January 16, 2015, 06:18:00 PM
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...
sr. member
Activity: 308
Merit: 250
January 16, 2015, 12:54:26 PM

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?
newbie
Activity: 12
Merit: 0
January 16, 2015, 12:15:14 PM
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.
hero member
Activity: 568
Merit: 500
January 16, 2015, 09:50:46 AM
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.
sr. member
Activity: 308
Merit: 250
January 16, 2015, 09:12:05 AM
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. 
newbie
Activity: 29
Merit: 0
January 16, 2015, 08:23:34 AM
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.
newbie
Activity: 33
Merit: 0
January 16, 2015, 08:14:20 AM
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.
full member
Activity: 124
Merit: 100
January 16, 2015, 07:00:12 AM
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.
hero member
Activity: 568
Merit: 500
January 16, 2015, 06:30:37 AM
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.
member
Activity: 89
Merit: 10
January 16, 2015, 06:05:52 AM
im holding till price back to $500 Smiley
newbie
Activity: 31
Merit: 0
January 16, 2015, 05:44:02 AM
And how do you feel right now? It was a good decision?)
*looking at the current situation* YES it was!
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