Do you actively spend your bitcoins? - page 27.

0day

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Quote from: elDano on September 06, 2016, 03:13:18 AM

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.

But the usage of bitcoins for our expenditures is better with bitcoin , with that more people will know about that and if people will know about the demand of bitcoin purchase then they will also adopt that coin for their payment system.

GamingBro

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Sure, bitcoins i also currency and when i have an opportunity to pay with bitcoin, i'm just paying, but i don't really care dollars or bitcoins, same for me.

d@nte

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Well, in my case I'm spending bitcoins sometimes, when I'm buying things online or using it on places that are accepting it, what we know is something rare, but that's something that helps the adoption of bitcoin.

buxlover

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I actively spend bitcoins, but not directly rather convert them to my fiat currency and spend them

There aren't many options to spend or buy using bitcoins, for products which require for me in day to day life, mostly i don't believe in keeping bitcoins as an investment and wait for the increase in value of bitcoin. because such thing will never happen for me. if it increases by $100, we will wait for more increment and it goes on

umaOuma

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Quote from: takingthis4 on September 06, 2016, 07:50:13 AM

Quote from: elDano on September 06, 2016, 03:13:18 AM

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.

i also never spend any of my coins right now, to be honest i think that it is way better to hold it all right now in order to make some money

If you cannot spend it directly then better option is to hold them for the future as price will rise in future so if you spend at that time then it will be more profitable for you.

takingthis4

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Quote from: elDano on September 06, 2016, 03:13:18 AM

I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.

i also never spend any of my coins right now, to be honest i think that it is way better to hold it all right now in order to make some money

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Quote from: Newcoins2020 on September 06, 2016, 03:37:11 AM

Quote from: qWark on January 12, 2016, 05:59:58 AM

I spend mine on Xbox live and games with a bitcoin discount.

I also sometimes spend my Bitcoin but I try do not spend them to often because I can make money with Bitcoin in the future so spending them is a waist.
I suggest that you just hold on to your Bitcoin and rather spend your money.

That is the discipline you need, it is important for every individual to learn how to manage his manage and focus on savings and investing rather than spending, it is just normal to spend but only for those things that we badly needed, it include then our leisure time also as we cannot just work all the time.

Newcoins2020

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Quote from: qWark on January 12, 2016, 05:59:58 AM

I spend mine on Xbox live and games with a bitcoin discount.

I also sometimes spend my Bitcoin but I try do not spend them to often because I can make money with Bitcoin in the future so spending them is a waist.
I suggest that you just hold on to your Bitcoin and rather spend your money.

elDano

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I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.

mandica

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BTC can easily be used fort hosting for example or seedboxes and that sort of thing.

Noctis Connor

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Quote from: livinglegend on September 03, 2016, 05:59:41 PM

I use it mostly in the cryptocurrency market and investing in other projects, but I rarely use it for daily expenses.

Same i mostly use bitcoin to trade it into cyrpto currency so that i can even grow my bitcoin slowly but i will earn profit and for investment i don't trust some investment website where they can' live long or they can't handle the website they creating and then scamming people are not good idea i use it also every month to pay bills

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Quote from: MbitSport on November 10, 2015, 02:35:02 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

since my earning is very less in brc but i am actively spending my btc but not at anu sites that you habe listed . i usually sells my btc to the traders through whatsapp . this is ao simple and make me fearless from the btc market price .

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Quote from: BitcoinPaw on September 05, 2016, 03:20:27 PM

Very hard to spend bitcoins actively when it's not accepted in your country, but much harder to do online purcheses when you hate online shopping.

That's the truth, if there is no way to convert your bitcoin into fiat in where you live, I think it's hard for you to use it and if you don't know how to spot which online goods are good then I think you would really hate online shopping... It happened to me so many times, when I purchased some things in online shops, when I receive it, it was not the same as what was stated in the ad...

I hope day would come that we don't have to process our coins just to use it..

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Quote from: blackmachinegun on September 05, 2016, 10:06:31 PM

Quote from: praprata on September 05, 2016, 05:22:15 AM

Quote from: jeremy grol on November 10, 2015, 03:20:56 PM

Used to spend 1 year ago. Now accumulate some.

I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.

I think if you're using bitcoin to profit and capital you need bitcoin as I think you must be efficient and do not use your bitcoin for something that is not necessary. because of large capital will really help you to get a lot of bitcoin or create a business

Saving our bitcoin will give us a good future because we know the potential of bitcoin that it will be widely use in by different countries, what we have now should be saved and invested, you only spend an amount that is necessary enough but other than that save for the future. Keep your day job take care of your basic needs and use your bitcoins for investment alone.

blackmachinegun

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Quote from: praprata on September 05, 2016, 05:22:15 AM

Quote from: jeremy grol on November 10, 2015, 03:20:56 PM

Used to spend 1 year ago. Now accumulate some.

I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.

I think if you're using bitcoin to profit and capital you need bitcoin as I think you must be efficient and do not use your bitcoin for something that is not necessary. because of large capital will really help you to get a lot of bitcoin or create a business

Superways

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Quote from: praprata on September 05, 2016, 05:22:15 AM

Quote from: jeremy grol on November 10, 2015, 03:20:56 PM

Used to spend 1 year ago. Now accumulate some.

I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.

You are right if we want to make benefit from its price increase then we should not have to sell our coins and have to keep them in our wallets , and have to use them only if we really to buy something with our money, and we do not have to sell them for fiat but have to choose for to buy with bitcoin if any good we need.

BitcoinPaw

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Very hard to spend bitcoins actively when it's not accepted in your country, but much harder to do online purcheses when you hate online shopping.

chaser15

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Quote from: ardentvolcanoes on September 05, 2016, 08:48:19 AM

i do not choose whether to spend it or hold it , i do not hesitate to spend it especially whenever i'm in need and have to get money immediately . and if ever i've got enough profit from holding it there's no need to think for holding it for a few more months .

Same here. Sometimes being too much optimitism about holding bitcoins only resulting for a regret.

More importantly learn to get out when people already sees a good profit as take note that all price increase rally have an sudden price decrease.

In terms of spending, it's not wrong if you will spend it regardless of the bitcoin price since more importantly, you need some money to be used on spendings.

Mastsetad

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Quote from: ardentvolcanoes on September 05, 2016, 08:48:19 AM

i do not choose whether to spend it or hold it , i do not hesitate to spend it especially whenever i'm in need and have to get money immediately . and if ever i've got enough profit from holding it there's no need to think for holding it for a few more months .

That is why we earn bitcoin for, so that we can use them when we are in need, and we also hold them for that purpose so that they can grow into more and we can use them again for something necessary for us or someone related to us.

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Quote from: MbitSport on November 10, 2015, 02:35:02 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.

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