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Topic: Do you actively spend your bitcoins? - page 134. (Read 257603 times)

hero member
Activity: 714
Merit: 500
March 16, 2016, 11:40:10 AM
I spend of course Bitcoin. But not that much. I also save some coins for later in the future that I want to sell it.
I think namely that it will be more worth and that I can sell it later with some huge profit. And that will be so good.
sr. member
Activity: 434
Merit: 250
March 16, 2016, 08:03:03 AM
As a gambler i always spend my bitcoin everyday. Because i gambling using my bitcoin. And when i lose all my balance, i buy bitcoin with fiat. So yeah, i actively spend my bitcoins.
sr. member
Activity: 364
Merit: 250
March 16, 2016, 06:18:50 AM
Not yet. I will spend it soon I think. Because the value is rising slowly and that will be very good for Bitcoin.
So we must spend it fast otherwise the value will going down again and that will be not good.
hero member
Activity: 868
Merit: 500
March 16, 2016, 06:09:11 AM
Not in physical places but use it online allot, If I find something worth it being sold for bitcoin then I buy it for BTC... getting BTC is relatively hard and requires a SEPA transfer so don't prefer using it allot.
full member
Activity: 364
Merit: 127
March 16, 2016, 04:49:12 AM
Its not good to spend it now around this time indeed. Because the value will rise soon because the halving is also coming and that will be especially great.
Of course we dont know what will happen with the halving. But we all hope that the value will rise because of that.

Its still good to spend it but not that much,no one really knows what halving will bring to the price of bitcoin.
Only the whales knows that as they control everything.
sr. member
Activity: 420
Merit: 250
March 16, 2016, 04:16:15 AM
Its not good to spend it now around this time indeed. Because the value will rise soon because the halving is also coming and that will be especially great.
Of course we dont know what will happen with the halving. But we all hope that the value will rise because of that.
legendary
Activity: 2940
Merit: 1083
March 16, 2016, 04:13:22 AM
I spend bitcoins mostly online when I see an item I want and can be bought more easily with bitcoin, not using it regularly to buy items since it's relatively hard to buy bitcoins in my area.

Where is your place. I thing 7-11 shops are offering to let bitcoin buyers to buy at their shops. I saw an advertisement of it once. And I think it is really cool for 7-11 to take that huge step.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
March 16, 2016, 04:01:05 AM
Lately I'm traying to save BTC as much as I can. But before I was spending more. Everything depends how is the price and the market at the moment and how many coins I have in my wallet.
full member
Activity: 140
Merit: 100
March 15, 2016, 02:28:10 PM
I spend bitcoins mostly online when I see an item I want and can be bought more easily with bitcoin, not using it regularly to buy items since it's relatively hard to buy bitcoins in my area.
sr. member
Activity: 350
Merit: 250
March 15, 2016, 12:25:07 PM
There are no stores accepting bitcoin in my area, that's probably enough to not seriously consider using it offline, Also the confirmation time etc... would not make it practical for physical stores to use it.
yeah it becomes a major consideration because we cannot buy small items like toothpaste abroad country via online right. so the only way is convert to fiat

When it comes to budget friendly product I'd rather not to use bitcoin.

The $100 value of your bitcoin that you spend on toothpaste can be $200 or more in just a matter of days.

Note: Don't take seriously my example about $100 price of a single toothpaste.


If anything bitcoin should be spared for higher value ticket items.

Well this is how I do it, and it sounds like you do the same. Yeah, buying toothpaste should be considered using cash.. esp anything under $50 value.

Unless you dont have cash then thats different.

That's why it's a good practice to have a spare of fiat rather than relying on bitcoin itself as a source of buying some misc things etc.

Bitcoin price actively fluctuates everytime rather than fiat so let's take advantage of that.
Indeed. it is very good to save your coins. Because the value isnt even that high to sell it.
You would be stupid if you are spending it now these days. Because you wont get much from it.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
March 15, 2016, 11:04:08 AM
There are no stores accepting bitcoin in my area, that's probably enough to not seriously consider using it offline, Also the confirmation time etc... would not make it practical for physical stores to use it.
yeah it becomes a major consideration because we cannot buy small items like toothpaste abroad country via online right. so the only way is convert to fiat

When it comes to budget friendly product I'd rather not to use bitcoin.

The $100 value of your bitcoin that you spend on toothpaste can be $200 or more in just a matter of days.

Note: Don't take seriously my example about $100 price of a single toothpaste.


If anything bitcoin should be spared for higher value ticket items.

Well this is how I do it, and it sounds like you do the same. Yeah, buying toothpaste should be considered using cash.. esp anything under $50 value.

Unless you dont have cash then thats different.

That's why it's a good practice to have a spare of fiat rather than relying on bitcoin itself as a source of buying some misc things etc.

Bitcoin price actively fluctuates everytime rather than fiat so let's take advantage of that.
hero member
Activity: 882
Merit: 500
March 15, 2016, 10:47:37 AM
Accumulating before halving
sr. member
Activity: 364
Merit: 250
March 15, 2016, 06:09:10 AM
Around this time it is not good to spend your Bitcoins. Because the value is not that high so you wont get much money for it.
It will be much better if you wait a little longer when the value has rise. Than you can have some more money later.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
March 15, 2016, 01:05:11 AM
I DON'T SPEND A COIN, ever.
that's not to say i have never sold a coin for fiat, but i only have when i needed the fiat more than the btc ;p
other than that it's an easy hold and get rich mentality Wink
legendary
Activity: 2940
Merit: 1083
March 15, 2016, 01:02:02 AM
Its not that smart now to spend it I think. Or you must be in emergency or something. The value is not that high.
It is better if you wait longer if the value is higher, than you can spend it much more.

It will always depend on the situation. If it is needed then use it. It is yours, you are the one who controls it. Regrets will always be at the end. But for workers here who keeps it that is one hell of a patience you got there. Thumbs up!.
hero member
Activity: 756
Merit: 502
March 14, 2016, 11:13:26 PM
Usually i spend my bitcoins to pay some bills or buy some services online, but nowadays i try to hold some bitcoins in my wallet, because it's expected that the Bitcoin's price will increase after the next halving.
if your bill very low arround uder $50 i think better for you to still spend your bitcoin, you must pay your bill using bitcoin, im use it too. for me use bitcoin is more simple than bank.
hero member
Activity: 742
Merit: 500
March 14, 2016, 07:23:19 PM
Usually i spend my bitcoins to pay some bills or buy some services online, but nowadays i try to hold some bitcoins in my wallet, because it's expected that the Bitcoin's price will increase after the next halving.
sr. member
Activity: 793
Merit: 250
March 14, 2016, 07:12:03 PM
My bitcoins move around frequently but I always get the same or more back. Usually doing business with other peeps, or giving gambling a try it's usually active.
full member
Activity: 210
Merit: 100
March 14, 2016, 06:48:09 PM
When I was starting to use bitcoin I use it a lot but now that I realize bitcoin might increase it's value. I'm storing it in my wallet hoping to have more value in the future when I'm going to withdraw it
Most people think this way but what will you do if btc's will not increase value? Just want to know  Grin

Nothing, if it will not increase nor decrease then it is still fine for me since it will be the same as storing my money and get it whenever I need it. But if it will decrease then probably it will be a loss for me, but the chance that btc will decrease it's price to a very low value is so little. So I take the luck to store it for now.
sr. member
Activity: 644
Merit: 263
March 14, 2016, 06:19:54 PM
I spend my bitcoins into online stores to buy something.... But i actively spend my btc into gambling  Roll Eyes I am little addicted  Grin Cheesy
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