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Topic: Do you actively spend your bitcoins? - page 32. (Read 257616 times)

hero member
Activity: 1008
Merit: 540
August 31, 2016, 07:16:55 AM
I don't think there is anyone out there that does not spend their coins.  It is a currency and that is the goal of the overall Crypto world.
Yup you are right here, anyone uses their bitcoin for something and for some purposes only , where they can use it as a currency to do some activities like trading , investment , or gambling where they can make profit but some companies are using bitcoin now some investors too are using bitcoin and spending bitcoin to gain more profit
hero member
Activity: 840
Merit: 501
August 31, 2016, 06:21:21 AM
Yes i have been spending them quite active this year, i have been collecting bitcoin since a year ago, so i guess its the time i enjoy my hardwork, most of the time i spend it on games and gambling, after i realize how useful is bitcoin i have gained my spirit to work even harder to make more bitcoin
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
August 31, 2016, 06:17:58 AM
I have been spending my bitcoins since I needed them the most...
I mean when my mother was in hospital, bitcoins only helped me against fiat in order from getting her medicines to her surgery...
She's all fine and I am happy that I came into this great world of bitcoins...
sr. member
Activity: 336
Merit: 250
August 31, 2016, 02:48:00 AM
I voted no, I don't spend the majority of mine just in a few rare cases of wanting to order something. I like to stack my bitcoins and wait it out to see what future brings.
sr. member
Activity: 344
Merit: 250
August 31, 2016, 02:33:13 AM
Off course am i spending bitcoins for sure because when you just hold them the price wont change anything you know if everyone is going to hold the bitcoin wont change in positive ways that is what i know.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
August 31, 2016, 02:17:37 AM
As the acceptance in physical and online stores were low in my locality, I prefer to save as much possible rather than spending. Only on emergency needs I cash out bitcoin and use it for my needs.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 31, 2016, 02:12:41 AM
I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
So you are a trader in short say, most of the people are also doing that but there are still many people who tend to spend their bitcoins that treating it as an investment, gamblers do spend most of the time and I am one of them because I want to gamble regularly.

We have our own ways on how to use it. I much prefer moving it. I dont know but I got this feeling that I needed to work. I dont want to be idle and because of that I make bitcoin move by buying altcoins then back to selling.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
August 31, 2016, 12:32:53 AM
Spending our bitcoins actively will help the economy of the bitcoin to increase its market circulation, every individual has its different goal in life and not all are really interested so it is fine to spend and do not invest at all.

Yes that is really needed for the adoption of bitcoin so that the price of bitcoin is going to increase. Because if we are not going to spend actively bitcoin then there is no movement of price at all. And I am doing it, I am spending bitcoins actively and monthly I am using it for paying my internet bills so I am very convenient using it.

Spending bitcoins would really help to the  bitcoins  ecosystem  in able to develop more and  move its price as same as others said  but others are just holding  and waiting for  the price to increase so that they would make profits. Maybe its not bad to spend a little partitions of those  bitcoins that you have.
legendary
Activity: 2030
Merit: 1028
August 30, 2016, 11:12:53 PM
I'm only spend my bitcoin when I want to for example : when want to pay my college fee or monthly internet expense
Because of bitcoin, I can help my parent a little bit
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
August 30, 2016, 11:07:27 PM
Spending our bitcoins actively will help the economy of the bitcoin to increase its market circulation, every individual has its different goal in life and not all are really interested so it is fine to spend and do not invest at all.

Yes that is really needed for the adoption of bitcoin so that the price of bitcoin is going to increase. Because if we are not going to spend actively bitcoin then there is no movement of price at all. And I am doing it, I am spending bitcoins actively and monthly I am using it for paying my internet bills so I am very convenient using it.
hero member
Activity: 3010
Merit: 666
August 30, 2016, 10:44:49 PM
Spending our bitcoins actively will help the economy of the bitcoin to increase its market circulation, every individual has its different goal in life and not all are really interested so it is fine to spend and do not invest at all.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
August 30, 2016, 10:11:34 PM
I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
So you are a trader in short say, most of the people are also doing that but there are still many people who tend to spend their bitcoins that treating it as an investment, gamblers do spend most of the time and I am one of them because I want to gamble regularly.
newbie
Activity: 28
Merit: 0
August 30, 2016, 08:51:50 PM
I occasionally spend my coins so I picked Yes in the voting list. Usually I save my coins for pumps and convert to cash when that happens. Then buy back low and spend my earned money to live.
full member
Activity: 196
Merit: 100
August 30, 2016, 07:04:00 PM
I did once, just for yucks.  I wouldn't do it again, but not because I had a bad experience.  I didn't.  I just don't see the reason to buy things denominated in dollars with anything but dollars.  It's an unnecessary extra step, and I like HODLING my bitcoin.  I know others feel the same.
sr. member
Activity: 308
Merit: 250
August 30, 2016, 06:45:09 PM
In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
yes in fact that is the right way of using bitcoin, i my self not going to sell or use my bitcoin in present time because the price of bitcoin is really very low from its expected price there i am going to sell it and to wait for its price increase and after that if i felt the need to use it then first i will convert it in to my local currency and then will use it in market.
hero member
Activity: 574
Merit: 500
August 30, 2016, 05:49:14 PM
In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
you are right so i dont spend any of my bitcoins at the moment, i think that it will allow me to make some decent income

the price is not guaranteed to rise soon so you do not know for sure are you smart by waiting or the price may go down again in the next days ! if you think in this way you will keep waiting all time without spending.
hero member
Activity: 798
Merit: 500
August 30, 2016, 05:46:38 PM
In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.

Yeah, we should have to wait for some more time so that the price increase much more , spending in this time is just losing the upcoming profit which will be achieved when the price of bitcoin will rise much higher in the coming months.
full member
Activity: 144
Merit: 100
August 30, 2016, 11:54:36 AM
In this situation. Its not a wise decision to spend bitcoin because of its current price. You should make it grow or buy some of it. Wait for it to rise high and spend it or convert it to physical money. Thats the smart way to spend bitcoin. But if your too needy then spend it. Thats your decision not ours.
you are right so i dont spend any of my bitcoins at the moment, i think that it will allow me to make some decent income
hero member
Activity: 854
Merit: 500
August 30, 2016, 10:21:43 AM
Nope, and i am not sure that many people actively spending bitcoins, cause we just have no good opportunity to spend it, so just online shopping, very rare.
sr. member
Activity: 672
Merit: 250
August 30, 2016, 10:20:28 AM
No, I don't actively spend my coins. When I receive BTC I just hold half of it in my wallet and the other half I add it in my trading capital. There's not much of shops or stores that accept bitcoin anyway so I will just hold it for now. If there are unexpected expenses that I need to pay and my available fiat currency is not enough then maybe I can spend my bitcoin by converting it to fiat but in the mean time I just store it in my wallet.

That is exactly the case with me too, i earn bitcoins and store them or use them for trading altcoins and sometimes use some of them for recharging my phone, because i do not see any place for spending my coins nor i need anything right now so just accumulating them to use them for something i may need in future.
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