Do you actively spend your bitcoins? - page 140.

Mickeyb

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Quote from: kolesozw on March 06, 2016, 08:36:25 AM

Quote from: babs1975 on March 06, 2016, 04:38:04 AM

Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

So you mean faucets + signature campaign + gambling help you make $50 a day? That's impressive dude given that you are just doing it on free time, with that amount , I can do fulltime earnning bitcoins Grin

Just wondering, what gambling game are you playing?

He is obviously bluffing/bragging. The only way he can make that much is with signature campaign, with multiple accounts which will get his accounts banned at a point

In any case, you and me might have misunderstood him

kolesozw

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Quote from: babs1975 on March 06, 2016, 04:38:04 AM

Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

So you mean faucets + signature campaign + gambling help you make $50 a day? That's impressive dude given that you are just doing it on free time, with that amount , I can do fulltime earnning bitcoins Grin

Just wondering, what gambling game are you playing?

pneumatic5

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Quote from: DeDordtenaar on March 06, 2016, 07:01:55 AM

Quote from: ?? on ??

i only spend bitcoin for gambling.. because its easy to deposit and withdraw. not like fiat bookmakers easy to deposit but hard to withdrawal they have KYC procedure,, document blabla ID,pasport WTF i only want to gambling not moving residence Tongue

lol yeah bitcoin provide facilities very easy for gambling and other activities. spend bitcoin is also very easy. I'm confused as to why people outside still says. that using bitcoin is difficult?

Yes, bitcoin is best when it comes to gambling, you can gamble even with small amount of bitcoins, and withdrawals are easy and fast without any long procedure.

DeDordtenaar

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Quote from: ?? on ??

i only spend bitcoin for gambling.. because its easy to deposit and withdraw. not like fiat bookmakers easy to deposit but hard to withdrawal they have KYC procedure,, document blabla ID,pasport WTF i only want to gambling not moving residence Tongue

lol yeah bitcoin provide facilities very easy for gambling and other activities. spend bitcoin is also very easy. I'm confused as to why people outside still says. that using bitcoin is difficult?

babs1975

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Bitcoin has become part and parcel of my life, a during my free time, I collect bitcoin from faucets (which earns me around 50,000 Satoshi per day, participate on this forum where earn 260,000 satoshi per day and also do some gambling just double the Satoshi that I have. I later spend these bitcoin earned by exchanging for fiat and something like $50 or more per day.

Anddos

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Quote from: Pollak on March 02, 2016, 10:19:26 AM

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.

You don't know that its value will rise so much that you'll get rich.
Anyways - it's money. it should be spent. And it also helps bitcoin economy.

Nameless Coin

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Quote from: kartaggen on March 02, 2016, 04:54:38 PM

Quote from: expert4knowledge on March 02, 2016, 04:10:16 PM

Quote from: Pollak on March 02, 2016, 10:19:26 AM

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.

There is always a question for me that what is the normal price and when the price is low and which what criteria do people say price is high or low.

Correct, no one can predict that what is the lowest price or what is the higher price of bitcoin, as it keeps on moving up and down on daily basis, there is no such right time to buy or sell I guess.

Its not smart to do that. Are there any reasons ? The value is not that high to sell it and that is not good.
I hope later that it will be more worth later and that we can sell it later with a lot of profit. That will be good.

Bitcoinbro

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No I do not actively spend my bitcoins, I want to hold them for the future because its very bright.
Also I do not have a lot of bitcoins so spending them would be stupid for me.

agustina2

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If you think that the current price will give you profits especially if you did bought on $370 then just go make a profit and sold your coins now. The price is dipping so still you can buy again.

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Quote from: HarryKPeters on March 03, 2016, 04:43:00 AM

It is not smart now to spend you Bitcoins. Why you will do that. The value is not that high so that wont be smart.
Its better to wait a while, and have some profit later. You never know what can happen later in the future.

But you can also now see that the value is slowly rising and that is very good.

The value is stuck at 420 at a moment, but have a feeling that it will rise in next few months, so not spending and just holding, I am using fiat at a moment at the time of emergencies and keeping my bitcoins safe.

HarryKPeters

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It is not smart now to spend you Bitcoins. Why you will do that. The value is not that high so that wont be smart.
Its better to wait a while, and have some profit later. You never know what can happen later in the future.

But you can also now see that the value is slowly rising and that is very good.

kacak41

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Quote from: uname on March 02, 2016, 05:59:19 PM

Quote from: btcdevil on March 02, 2016, 09:45:01 AM

I actively spend my bitcoin for recharging my mobile and may family connection also. apart from that i do little bit sports betting balance i keep in savings.

yeah same here. I also often top up my phone. many sites top up pulse who accept bitcoin as a payment method. I wish it could be more stores in addition to top up

Yeah and its always good to spend your bitcoins, we are earning it for spending, same like fiat, we get the salary and that improves our standard of living, and with bitcoins we can improve our standard of living as it is adding value to our wealth.

uname

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Quote from: btcdevil on March 02, 2016, 09:45:01 AM

I actively spend my bitcoin for recharging my mobile and may family connection also. apart from that i do little bit sports betting balance i keep in savings.

yeah same here. I also often top up my phone. many sites top up pulse who accept bitcoin as a payment method. I wish it could be more stores in addition to top up

kartaggen

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Quote from: expert4knowledge on March 02, 2016, 04:10:16 PM

Quote from: Pollak on March 02, 2016, 10:19:26 AM

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.

There is always a question for me that what is the normal price and when the price is low and which what criteria do people say price is high or low.

Correct, no one can predict that what is the lowest price or what is the higher price of bitcoin, as it keeps on moving up and down on daily basis, there is no such right time to buy or sell I guess.

expert4knowledge

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Quote from: Pollak on March 02, 2016, 10:19:26 AM

Its not smart now to spend your Bitcoin. The value is now quite low so it is not smart to do that. Otherwise you wont get much money for it.
You also can see that the price is rising slowly now and that is very good. Maybe you can have some profit later in the future.

There is always a question for me that what is the normal price and when the price is low and which what criteria do people say price is high or low.

jokerrj

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Quote from: phibay on March 02, 2016, 01:43:06 PM

i used to before, i spend it with both digital and physical stuffs and sometimes use it to buy fast food but just right now I have decided to stop and hold it for some time due to the speculations in this coming halving. i am also positive that it will have a big effect to bitcoin's price

Yeah, that's true halving will effect the price of bitcoins so its good to hold for now, as even spending would not be profitable as the price is not high, it would be great if we can hold till the halving.

phibay

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i used to before, i spend it with both digital and physical stuffs and sometimes use it to buy fast food but just right now I have decided to stop and hold it for some time due to the speculations in this coming halving. i am also positive that it will have a big effect to bitcoin's price

pocarime32

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Quote from: elyas772 on March 02, 2016, 11:07:05 AM

i spend my bitcoin maybe 3-5times perweek for top up my number phone, today very hard to find merchand accept bitcoin near from my place

In my country there are people who accept bitcoin for top up phone number. and i spend my bitcoin for it too, and some of my bitcoin is spend it on steam wallet.

elyas772

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i spend my bitcoin maybe 3-5times perweek for top up my number phone, today very hard to find merchand accept bitcoin near from my place

Nemesis099

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Quote from: Newcoins2020 on March 02, 2016, 10:35:59 AM

No I do not actively spend my bitcoins because the halving is coming this year so I think it would be stupid to now buy things with your bitcoins.
I'm just holding them now in a storage so I can make a lot of profit later.

That's the best thing to do, as spending at a moment will not be profitable as the price is not not that high, so if you hold right now and sell it after halving would be much better thing to do to earn good profits.

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