Author

Topic: Did you buy bitcoin after you spend them ? (Read 2457 times)

legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
October 11, 2014, 08:03:42 PM
#36
Grin

I'd like to know how bitcoin holder spend and replenish their bitcoin.

thanks

Duh... how else are you supposed to re-up?
legendary
Activity: 1582
Merit: 1064
October 11, 2014, 07:55:39 PM
#35
Never really bought anything with them besides food lol.

Is there a marketplace for that?

There is a site mentioning restaurants that accept bitcoins.
http://bitcoinrestaurants.net/
full member
Activity: 126
Merit: 100
*Bitcoin Betting*
October 10, 2014, 08:37:10 AM
#34
Never really bought anything with them besides food lol.

Is there a marketplace for that?
newbie
Activity: 58
Merit: 0
October 09, 2014, 11:31:10 PM
#33
Never really bought anything with them besides food lol.
sr. member
Activity: 434
Merit: 250
October 09, 2014, 04:43:59 PM
#32
Spend bitcoin, wait a day.... You may be able to buy a lot more bitcoins.  Grin

This may not last long
full member
Activity: 140
Merit: 100
October 09, 2014, 12:15:07 AM
#31
Happen once or twice bought something then price goes down a bit then i bought btc.

Now when i spend some amount of btc on purchase day or two after i receive back almost same amount from some small job.
legendary
Activity: 1246
Merit: 1000
October 08, 2014, 12:52:26 PM
#30
Spend bitcoin, wait a day.... You may be able to buy a lot more bitcoins.  Grin
sr. member
Activity: 280
Merit: 250
October 08, 2014, 01:25:02 AM
#29
Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.
This will not always work in your favor as the long term trend is that the price of bitcoin is increasing, therefore the chances are higher that you will pay a higher price to repurchase your bitcoin if you do so after you spend it.

In order for you to most effectively repurchase bitcoin after you spend it, the best option is to do so as soon as you can in order to minimize pricing risk

as good now because prices keep bitcoin bitcoin being dropped, even if you want to invest, invest, but not the whole bitcoin, you invest, because it is too risky to invest at a price continued to fall, terbaaik thing you should do is continue to collect bitcoin and save it ... :p
member
Activity: 78
Merit: 10
October 08, 2014, 12:01:59 AM
#28
Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.
This will not always work in your favor as the long term trend is that the price of bitcoin is increasing, therefore the chances are higher that you will pay a higher price to repurchase your bitcoin if you do so after you spend it.

In order for you to most effectively repurchase bitcoin after you spend it, the best option is to do so as soon as you can in order to minimize pricing risk
legendary
Activity: 1456
Merit: 1000
October 01, 2014, 06:42:58 AM
#27
I do not buy them after I spend. I mine.

if you mine that mean you gamble bitcoin at overpriced value. think this way...  you wire money  and yet no bitcoin, then you mine for maybe 6 month then it get unprofitable ? then you look at the price of bitcoin and your mined bitcoin and oh dear....
newbie
Activity: 57
Merit: 0
October 01, 2014, 02:25:56 AM
#26
I do not buy them after I spend. I mine.
legendary
Activity: 1456
Merit: 1000
September 30, 2014, 08:50:57 PM
#25
Why would I buy food and whatnot with BTC when I can buy it with FIAT money?

because if btc value drop after you bought your food, that means you bought your food for less fiat by buying back bitcoin at reduced price.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 30, 2014, 03:18:02 PM
#24
if the price drop i buy somes, but i need to see it rising a bit first, i want to be sure that we reached the bottom or we are near it
member
Activity: 84
Merit: 10
September 30, 2014, 12:24:12 PM
#23
Why would I buy food and whatnot with BTC when I can buy it with FIAT money?
legendary
Activity: 1120
Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
September 29, 2014, 12:55:03 PM
#22
i m always getting bitcoin as much as i can
whenever i sell some of them to buy some product or for cash
i buy btc after that as soon as i get some spare money in my hand
full member
Activity: 126
Merit: 100
September 29, 2014, 08:02:03 AM
#21
i Want  to  say: i don't sell my btc always,because i believe that   the next  i would sell a more Higher prices.isn't it?
legendary
Activity: 1456
Merit: 1000
September 29, 2014, 02:05:14 AM
#20
 Undecided

im very very sad looking at the pool result atm
hero member
Activity: 924
Merit: 1000
September 28, 2014, 08:21:17 AM
#19
Yes during these phases of price discovery I always try to spend at a top and buy again (more than I spent if I can) when the price drops again. Smiley
sr. member
Activity: 434
Merit: 250
September 28, 2014, 04:26:56 AM
#18
I do not buy them after I spend. I mine.
sr. member
Activity: 280
Merit: 250
September 28, 2014, 12:07:15 AM
#17
I never spend bitcoin I can to buy the goods, until now I still collect bitcoin little by little, I only ever bitcoin currency exchange prevailing in my country, and I am very happy to get the money, hopefully I can buy something for which I collected from the bitcoin ...  Cool
legendary
Activity: 1358
Merit: 1000
September 27, 2014, 11:06:36 PM
#16
I bought a fraction of a bitcoin when I had the money once, then I just invest some of it and I managed to double it, thanks to some tips from the pros. Smiley

Where did you invest your bitcoins?
newbie
Activity: 28
Merit: 0
September 27, 2014, 04:31:19 PM
#15
According to Chart
And Retrospect
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
September 27, 2014, 12:57:50 PM
#14
i keep spending bitcoin every month so i need to buy and i dont care about the price.
hero member
Activity: 490
Merit: 500
September 27, 2014, 10:19:22 AM
#13
I usually try to buy back what I spend reasonably promptly
I want to avoid experiencing regret so this is a good way to avoid that
legendary
Activity: 1330
Merit: 1003
September 27, 2014, 09:55:07 AM
#12
I usually buy the exact amount a few seconds before I send payment.
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
September 27, 2014, 07:05:42 AM
#11
Did you buy bitcoin after you spend them ?

I spend them as soon as i buy them. so No.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
September 26, 2014, 08:21:39 AM
#10
I don't buy bitcoin after spend them
But i buy when the price is down  Smiley
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 26, 2014, 08:10:47 AM
#9
I bought a fraction of a bitcoin when I had the money once, then I just invest some of it and I managed to double it, thanks to some tips from the pros. Smiley
sr. member
Activity: 252
Merit: 250
September 26, 2014, 02:27:30 AM
#8
This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
When one person buys .1 BTC (for example), it will have very little impact on the market. However when 1,000 people each buy .1 BTC it will have a great impact

No because 1000 people don't buy .1 at the same time nor from the same place. They can't move the market like a merchant that can choose when and where to dump a huge amount.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
September 26, 2014, 02:09:50 AM
#7
I always rebuy the BTC I spend the same day that I spend it. Not giving up my investment in Bitcoin for a few goodies
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 26, 2014, 01:46:29 AM
#6
I rarely buy BTC usually invest and get lucky but most of time watch markets for some price change.

Sometimes even invest in some new coin but that is 50-50% chance for you to success but sometimes it is worth everything.
full member
Activity: 155
Merit: 100
September 26, 2014, 12:54:29 AM
#5
This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
When one person buys .1 BTC (for example), it will have very little impact on the market. However when 1,000 people each buy .1 BTC it will have a great impact
sr. member
Activity: 252
Merit: 250
September 25, 2014, 11:44:37 PM
#4
This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

Buying a fraction of a bitcoin doesn't have the same effect as selling thousands of bitcoins at once...
member
Activity: 83
Merit: 10
September 25, 2014, 11:22:07 PM
#3
This is a very interesting economic theory. Generally speaking, most merchants will sell the bitcoin they receive as revenue ASAP. This creates some level of selling pressure. When people repurchase the bitcoin they have just spent they will create some level of buying pressure.

I would think that as long as merchants offer some level of discount for buying with bitcoin then this behavior would lead to increasing bitcoin prices (people would buy the fiat equivalent of the "base" purchase price, causing them to buy more bitcoin then they spent
newbie
Activity: 43
Merit: 0
September 25, 2014, 08:29:29 AM
#2
I usually spend bitcoin when price is high, and buy more when price is low. I use relative locations compared to the past ~20-30 days. So, I don't instantly buy back, but I end up with more than I started with overall.
legendary
Activity: 1456
Merit: 1000
September 25, 2014, 08:20:26 AM
#1
 Grin

I'd like to know how bitcoin holder spend and replenish their bitcoin.

thanks
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