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Topic: Do you actively spend your bitcoins? - page 115. (Read 257603 times)

hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
April 26, 2016, 02:22:24 PM
i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I never spend any of my Bitcoins online or at stores. The reason why I do not spend them is because I can make money with them, if I want to buy something online I'd rather use paypal.

That's a good option. You could continue with the saving, because the more you save will help you much in the days when bitcoin is used everywhere as an alternate currency.
hero member
Activity: 910
Merit: 1000
April 26, 2016, 02:04:17 PM
Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.

hay my friend, but my suggestion its still not best time to spend all coin because this is the rising moment price of bitcoin so If you have some bitcoin then hold it and when its worth will take 700$ after that you sell it and make good money.
I am not spending Bitcoins now and the reason is because the value is not that high now and I think that the value will be more in the future and that can be good.
The halving is also coming so than maybe it will be more in the future so you can have more profit with it so that is nice.

Yeah that's correct, do not spend  now if you want to earn higher profits in future as price will be better at the time of halving so you can sell at that time.
Yes we do not have to spend now, today I decided to buy some services with some of my bits but when I checked the price I noticed that the price reached from $445 to $461, then I thought that I do not have to buy that now.

I think it will keep increase until the halving come. So yeah, i agree with you. Just wait until the price stable and you can try spend your bitcoin again.

If you want to buy then buy it now, even if you buy with current price then you can expect great returns by selling it at the time of halving.
legendary
Activity: 1652
Merit: 1057
April 26, 2016, 01:26:29 PM
Some times I spend my bitcoin to do some online shopping. But that is just very small percentage of my total holding.
I also have spend some coins for online shopping or a bit of gambling but I did not spend that many. I know that I can make money with Bitcoin so I try not to spend to may Bitcoins.
Now we do not have to rely on casinos to earn money as now another casino is started which is going to give money to all of its users and supporters and that casino is called as halving, yes the halving will double up our money just like we get double in casinos.
sr. member
Activity: 406
Merit: 250
April 26, 2016, 01:18:59 PM
Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.

hay my friend, but my suggestion its still not best time to spend all coin because this is the rising moment price of bitcoin so If you have some bitcoin then hold it and when its worth will take 700$ after that you sell it and make good money.
I am not spending Bitcoins now and the reason is because the value is not that high now and I think that the value will be more in the future and that can be good.
The halving is also coming so than maybe it will be more in the future so you can have more profit with it so that is nice.

Yeah that's correct, do not spend  now if you want to earn higher profits in future as price will be better at the time of halving so you can sell at that time.
Yes we do not have to spend now, today I decided to buy some services with some of my bits but when I checked the price I noticed that the price reached from $445 to $461, then I thought that I do not have to buy that now.

I think it will keep increase until the halving come. So yeah, i agree with you. Just wait until the price stable and you can try spend your bitcoin again.
legendary
Activity: 1288
Merit: 1036
April 26, 2016, 01:06:34 PM
Well, I spent almost every week bitcoin I have, and sometimes I exchange it for dollars. but I also have to wait halving bitcoin deposits occur
I think it's better, you don't spend your bitcoin to exchange to the dollar because it would be advantageous if you hold bitcoin and sell bitcoin in your local exchanger when price up but it's your choice.

I think nowdays better to hold bitcoin you will never know when price increasing,so really better to hold. I am holding my coins and waiting for halving cause i belive in profit.

Yeah, i'm sure in the end of April, the price of bitcoin will increase so much. and i think it's the best time to spend your bitcoin by selling all and turn it into fiat.

hay my friend, but my suggestion its still not best time to spend all coin because this is the rising moment price of bitcoin so If you have some bitcoin then hold it and when its worth will take 700$ after that you sell it and make good money.
I am not spending Bitcoins now and the reason is because the value is not that high now and I think that the value will be more in the future and that can be good.
The halving is also coming so than maybe it will be more in the future so you can have more profit with it so that is nice.

Yeah that's correct, do not spend  now if you want to earn higher profits in future as price will be better at the time of halving so you can sell at that time.
Yes we do not have to spend now, today I decided to buy some services with some of my bits but when I checked the price I noticed that the price reached from $445 to $461, then I thought that I do not have to buy that now.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
April 26, 2016, 10:15:55 AM
i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I never spend any of my Bitcoins online or at stores. The reason why I do not spend them is because I can make money with them, if I want to buy something online I'd rather use paypal.

PayPal does not work with all people as they do not support some countries So that those people will use bitcoin to buy online.
sr. member
Activity: 350
Merit: 250
April 26, 2016, 09:12:57 AM
i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I never spend any of my Bitcoins online or at stores. The reason why I do not spend them is because I can make money with them, if I want to buy something online I'd rather use paypal.

Its good to save your coins now as it can earn you huge money in future, so if you want to buy anything use credit card or fiat currency and keep your bitcoin intact for future.
Around this time I am not spending the Bitcoins and the reason is that the value of Bitcoin is not even that high so you wont get much money for it so that is bad.
It would be better if you are selling it later in the future with some more profit and that would be also better for you.
hero member
Activity: 672
Merit: 503
April 26, 2016, 05:36:07 AM
i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I never spend any of my Bitcoins online or at stores. The reason why I do not spend them is because I can make money with them, if I want to buy something online I'd rather use paypal.

Its good to save your coins now as it can earn you huge money in future, so if you want to buy anything use credit card or fiat currency and keep your bitcoin intact for future.
full member
Activity: 224
Merit: 100
April 26, 2016, 05:33:37 AM
i spend my bitcoins. but only for digital goods.
e.g. my vpn accepts BTC. andi bought some apps with BTC.
I never spend any of my Bitcoins online or at stores. The reason why I do not spend them is because I can make money with them, if I want to buy something online I'd rather use paypal.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
April 26, 2016, 02:13:28 AM
i usually try to use bitcoin for payments so i can say i actively spend my bitcoins, but it has always been online payment, i hope i can someday use bitcoin offline like purchasing stuff in a supermarket.

also these days i am trying to not spend bitcoin so much because of the price rise but i will if i need to though.

Thats my doing to before i spend my bitcoin i will cash it first so ican use it to buy goods and gadgets, and im actively using bitcoin as payment if i need service online that need to be done will hire people in change for that i will pay them bitcoin. And also i spend my bitcoin in gambling sportsbetting and tradings so ican multiply my money in short period of time.
legendary
Activity: 1946
Merit: 1137
April 26, 2016, 12:59:14 AM
i usually try to use bitcoin for payments so i can say i actively spend my bitcoins, but it has always been online payment, i hope i can someday use bitcoin offline like purchasing stuff in a supermarket.

also these days i am trying to not spend bitcoin so much because of the price rise but i will if i need to though.
legendary
Activity: 2940
Merit: 1083
April 26, 2016, 12:57:12 AM
No I do not spend bitcoin actively to be honest, I do not spend them right now at all because I think the bitcoin is getting a lot higher this year.
The bitcoin has such a good future a head with the halving.

It is being seen now. And you did a good forecast with that. Guess a lot of us are winners now waiting for this rise. Can someone please get me a beer to celebrate. Too busy looking at how bitcoin price increase per minute.
sr. member
Activity: 378
Merit: 251
April 25, 2016, 11:53:36 PM
I have spend some bitcoin recently to buy some GPU mining components. It is quite convenient process to pay with bitcoin.

Nice one! Can you please tell me where you buying you GPU stuff with bitcoins,  cause i looking for it very long time and want to know.
legendary
Activity: 1372
Merit: 1008
April 25, 2016, 07:58:47 PM
I recently got my bill paid with bitcoin because my fiat depleted due to summer activities. Yes Im actively spend bitcoin but not all the time since I don't want to waste some supposed profit if the price gone wild.

Yeah price is gonna good in coming times and that is the reason I am not spending my coins as I have a feeling that price will rise in future and it will give me additional profits.

Yes i am actively spending my bitcoins when i need something to buy i will cash it out to banks and i am spending it also to pay my debts and service  online. But for now i am saving my bitcoin because i am waiting for halving event and hoping to earn more with it.
I think if you pull a bitcoin to the bank of course you're going to convert it to the first fiat? so actually you do not spend by bitcoin but with fiat. unless you purchase items online or offline using bitcoin. without the help of anyone including the fiat or bank. then you're spending using bitcoin
sr. member
Activity: 326
Merit: 250
Atdhe Nuhiu
April 25, 2016, 06:06:42 PM
As I said before. Btc is not good for offline spending of small amounts that have to be processed quickly. If you are curious, I have spend my btc here: http://www.happycow.net/reviews/be-okay-asuncion-44747

But the topic was: "never spend bitcoins".
Which is nonsense. There are many places where you can get discounts only for btc, like VPN securitykiss.com
Or where you want to keep your privacy (also VPN services, hostings)
Or where you have no other option how to pay: darkmarkets or openbazaar
hero member
Activity: 840
Merit: 1000
April 25, 2016, 05:52:50 PM
Nonsense. There are many merchants who offer discounts when buying with Bitcoins. Then indeed has sense to pay with btc and rebuy.

Can you tell us in which country do we find merchants that accepts bitcoins, as in my country I haven't seen a single merchant that accepts, and I really feel that you are a lucky guy.
sr. member
Activity: 326
Merit: 250
Atdhe Nuhiu
April 25, 2016, 05:28:34 PM
Nonsense. There are many merchants who offer discounts when buying with Bitcoins. Then indeed has sense to pay with btc and rebuy.
hero member
Activity: 840
Merit: 1000
April 25, 2016, 04:55:27 PM
No I do not spend bitcoin actively to be honest, I do not spend them right now at all because I think the bitcoin is getting a lot higher this year.
The bitcoin has such a good future a head with the halving.

Spending now your coins is not good as it will never give you higher returns if you spend at this time, its better to save and spend at the time of halving.
sr. member
Activity: 364
Merit: 250
April 25, 2016, 04:51:17 PM
No I do not spend bitcoin actively to be honest, I do not spend them right now at all because I think the bitcoin is getting a lot higher this year.
The bitcoin has such a good future a head with the halving.
sr. member
Activity: 326
Merit: 250
Atdhe Nuhiu
April 25, 2016, 04:34:49 PM
Well if it is not about sidechains, but only about Bitcoin, then in future either price of transaction will go up or it will take even longer. So in future direct spending of Bitcoins for tiny transactions will have even less sense than now.
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