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Topic: Do you actively spend your bitcoins? - page 158. (Read 257603 times)

member
Activity: 66
Merit: 10
February 02, 2016, 10:51:45 AM
I spend bitcoin sometimes when I see an item online that I would like to buy and is offered by a legitimate seller, other than that I mainly hold bitcoins as a form of investment.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 02, 2016, 09:11:09 AM

Online shopping sites may vary to different countries, as for example here on the Philippines, there is a site called cashcashpinoy where we can shop some items and they accept bitcoins. You should try asking your fellow countrymen if there is such site exclusively for your country. On the other hand, you can try looking up some online shops that accepts btc payments here : http://www.thebitcoinpage.com/   It has a massive list and hope you can pick one to shop with Wink

Ever tried to purchase items from CashCashPinoy thru bitcoin? How about the transaction?

I regularly use CashCashPinoy in finding some great travel deals but I used fiat here.
sr. member
Activity: 308
Merit: 250
February 02, 2016, 08:11:11 AM
No, I have 2. And I'm safe to keep. I think it's a shame to go spend it now.
Because maybe I did later win it. So it is quiet for me to take the time.
legendary
Activity: 3248
Merit: 1070
February 02, 2016, 03:37:08 AM
you can onlòy do it well on purse.io and on right now i'm trying to spend a bigger amount but the discount is not working for expensive stuff, none is buying a smartphone liek the 950 for a 32% discount

i think i'll try again,
full member
Activity: 260
Merit: 100
February 02, 2016, 02:44:06 AM
I spend my bitcoins for gambling. Sometimes i win and sometimes i loose but percentage of winning is more then percentage of loosing Cheesy
hero member
Activity: 504
Merit: 500
February 02, 2016, 12:27:16 AM
You mean use it, im using my bitcoin just once a week and not for buying anything online I just use it in gambling.

Oh, you are using your bitcoins for gambling? well, its okay, as long as there's no other purpose for those coins that you have in your wallet..

as for me, I am using it to top up my mobile load...  Smiley
bitcoin can do anything, its special from bitcoin
i hope bitcoin can survive as long time, because everyday i sepnd my bitcoin for my daily need
hero member
Activity: 532
Merit: 500
February 02, 2016, 12:20:29 AM
You mean use it, im using my bitcoin just once a week and not for buying anything online I just use it in gambling.
yeah same with me. I rarely gamble in the real world, because there is a ban and my busyness, I usually buy bitcoin to gamble
I just did it, never buy thing with bitcoin
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
February 02, 2016, 12:17:31 AM
You mean use it, im using my bitcoin just once a week and not for buying anything online I just use it in gambling.

Oh, you are using your bitcoins for gambling? well, its okay, as long as there's no other purpose for those coins that you have in your wallet..

as for me, I am using it to top up my mobile load...  Smiley
full member
Activity: 126
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 01, 2016, 10:16:40 PM
You mean use it, im using my bitcoin just once a week and not for buying anything online I just use it in gambling.
newbie
Activity: 26
Merit: 0
February 01, 2016, 09:32:10 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

Agreed. It's economics. And as with any economic system things have to be in motion for the system to survive and thrive.


Yeah, and spending bitcoins on regular basis is the right thing to do, I keep on spending my bitcoins on daily basis, as I gamble everyday, not a big amount though, but I do gamble and sometimes I win and sometimes   I loose, but the percentage of loosing is more as compared to winning.
good! At least you can have some control of the gambling behavior. I gamble from time to time and use Bitcoin to buy things available to be paid in Bitcoin.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
February 01, 2016, 06:09:24 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

Agreed. It's economics. And as with any economic system things have to be in motion for the system to survive and thrive.


Yeah, and spending bitcoins on regular basis is the right thing to do, I keep on spending my bitcoins on daily basis, as I gamble everyday, not a big amount though, but I do gamble and sometimes I win and sometimes   I loose, but the percentage of loosing is more as compared to winning.
sr. member
Activity: 378
Merit: 250
February 01, 2016, 05:58:25 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

Agreed. It's economics. And as with any economic system things have to be in motion for the system to survive and thrive.
hero member
Activity: 546
Merit: 500
February 01, 2016, 04:43:47 PM
I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
That is very true. Especially on this forum, pretty much all the signature campaigns are for gambling sites.

Yes most of us spend Bitcoin in gambling but I do spend it for trading and online shopping I know few Ecommerce site who accept Bitcoin

yes, I also want to spend my bitcoin for trading with online to online shopping and i am very exited but i don't know any online shopping website this thing is very bad for me that's why i am playing online to online gambling.

Online shopping sites may vary to different countries, as for example here on the Philippines, there is a site called cashcashpinoy where we can shop some items and they accept bitcoins. You should try asking your fellow countrymen if there is such site exclusively for your country. On the other hand, you can try looking up some online shops that accepts btc payments here : http://www.thebitcoinpage.com/   It has a massive list and hope you can pick one to shop with Wink
copper member
Activity: 2562
Merit: 2510
Spear the bees
February 01, 2016, 03:22:10 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

You need both.Coins in circulation and coins being hoarded.I see no reason why you only should spend your coins.
If demand increases and less coins are in circulation the price will rise.
What do you think will happen during halving when reward will get cut in half and demand stays the same?!
This is almost the same effect.
Circulation increases the amount of demand. Of course you need both coins in circulation and hoarded coins, but the more trading there is, the more demand it places on the market. It's good to use your bitcoins a lot, but obviously you should store some in case the price increases.
legendary
Activity: 1442
Merit: 1016
February 01, 2016, 02:44:57 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.

You need both.Coins in circulation and coins being hoarded.I see no reason why you only should spend your coins.
If demand increases and less coins are in circulation the price will rise.
What do you think will happen during halving when reward will get cut in half and demand stays the same?!
This is almost the same effect.
full member
Activity: 182
Merit: 100
February 01, 2016, 01:46:44 PM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.

Exactly, there should be a movement in bitcoins, it is useless to hold bitcoins without using it and only hoping that price will reach moon and that would be the right time to sell, if there is a rotation in bitcoins then price would be much higher and stable.
hero member
Activity: 672
Merit: 502
February 01, 2016, 11:41:33 AM
I think most people are seeing bitcoin only as an investment option which is why many replies in this thread says that they don't spend their bitcoins and are saving it for a price increase, which is fine but they don't realize, if they use it wherever they possibly can then that will increase the price much faster.

So buy, save, spend and buy again.
sr. member
Activity: 287
Merit: 250
February 01, 2016, 11:30:24 AM
No, I do not give it out. I save it so I prefer more money.
I find myself namely wiser. Otherwise, I will soon be no more money. I prefer a lot of money later.

Saving is a good thing, but I believe we need to keep on spending our bitcoins whenever required, the circulation of coins must go on, I sell my few bitcoins weekly and convert to fiat which takes care of my basic expenses.

Yes the price of bitcoin will increase if there is a good circulation of coins, if the coins are kept idle in digital wallet then it will be useless and will have no value, so it is better that we keep on spending our coins on a regular basis. Holding and selling at a right time is a better option.
sr. member
Activity: 434
Merit: 250
February 01, 2016, 11:29:35 AM
I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do

Yes it is easy to do but the problem is gambling is that you lose.
Mostly you lose your bitcoins by gambling for nothing because you do not gain profit.
I spent them mostly on some online deals I see sometimes here on the forum.
full member
Activity: 182
Merit: 100
February 01, 2016, 11:13:05 AM
I spend them actively online on gambling sites. Other than that, I don't use my Bitcoin.
using bitcoin just for gambling, it looks like you're not utilizing all the advantages that have on bitcoin,
I think you should try to spend bitcoin, with things other than gambling, it's more fun

Gambling is one of the areas where bitcoin makes it so easy to do
That is very true. Especially on this forum, pretty much all the signature campaigns are for gambling sites.

Yes most of us spend Bitcoin in gambling but I do spend it for trading and online shopping I know few Ecommerce site who accept Bitcoin

yes, I also want to spend my bitcoin for trading with online to online shopping and i am very exited but i don't know any online shopping website this thing is very bad for me that's why i am playing online to online gambling.
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