Do you actively spend your bitcoins? - page 4.

DeDordtenaar

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Quote from: peta4e on October 11, 2016, 06:56:11 AM

Quote from: lootz on October 11, 2016, 06:29:39 AM

Holding bitcoins for a few years is a bit risky and too long imo. We don't know what happen to bitcoin on that years. For me better spend your bitcoin for invest in bitcoin for short-term

That's right the price of bitcoin is unpredictable, either it can go higher or lower so its better to keep on making profits from it in short term by investing it in trading.

yeah true I agree with you other than you have to wait a long time you're Also not necessarily benefit. see was a few years ago the price was at $ 1200 and is currently very under-priced it, so do investments conditional course, when the pump price advantage of it to be an profit for you

Fatanut

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I don't actively spend my Bitcoins at the moment. To be honest, because of the lack of the establishments that actually accepts Bitcoin, people can't actually "actively" spend their Bitcoins. I guess most of us would just be holding our Bitcoins for now and then convert it to fiat when the price increases so we could finally spend it.

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: bitcoluck on October 12, 2016, 07:40:12 AM

I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.

Why not??? I have got enormous coins and I am happy to say that I was lucky to get higher prices when I sold them...
I was even happy with $600 but I got $30 more, I mean prices according to those rates got me something extra...
Who doesn't like extra??? Tongue

Proudly spending bitcoins to buy what I want...

chaser15

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Quote from: Shibashi Dogemoto on October 12, 2016, 07:21:20 AM

People who treat bitcoin as an pure investment will never prefer to spend them actively and will surely hold them for long term so that they can sell them when price goes higher in future.

You can't called a bitcoin investment if people will use it regularly. To feel the profits in holding bitcoin, they must add the quantity of it rather than spend it.

Adding quantity can take placed by doing buy and sell of bitcoins and earning it in any various methods.

Qunenin

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Yes, many time i spend my bitcoins but only online buying something, and secondly it help me many times when i want to transfer my amount but i have not used my bitcoins in any stores, because i don't know any stores are near of my area, And finally, i don't thing that it is good to use your bitcoin in stores, if fiat currency is here so use it easily.

manyute

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I also do not currently active in generating bitcoin except that I have to pay internet package, this time I better save money with bitcoin, and I use my local money to buy something without removing the bitcoin

bitcoluck

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I do not spend my bitcoins actively right now, i just holding it for a long time to earn great profits.

Shibashi Dogemoto

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Quote from: randy8777 on October 12, 2016, 07:15:57 AM

Quote from: dezoel on October 12, 2016, 06:54:57 AM

Quote from: newcoins1978 on October 12, 2016, 03:20:08 AM

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.

people have different reasons on how and why they use bitcoin. in that aspect, someone using bitcoin solely as an investment tool, is not interested in using it also to buy stuff with. their only route is, buy bitcoin with fiat, and sell bitcoin back to fiat. that's all these people are interested in.

People who treat bitcoin as an pure investment will never prefer to spend them actively and will surely hold them for long term so that they can sell them when price goes higher in future.

randy8777

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Quote from: dezoel on October 12, 2016, 06:54:57 AM

Quote from: newcoins1978 on October 12, 2016, 03:20:08 AM

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.

people have different reasons on how and why they use bitcoin. in that aspect, someone using bitcoin solely as an investment tool, is not interested in using it also to buy stuff with. their only route is, buy bitcoin with fiat, and sell bitcoin back to fiat. that's all these people are interested in.

dezoel

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Quote from: newcoins1978 on October 12, 2016, 03:20:08 AM

I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

Yup saving them for future is the right thing to do in order to generate more profits but we should also spend them sometime to circulate them which will help bitcoin economy.

newcoins1978

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I don't actively spend my bitcoin because my bitcoin is valuable to me I don't treat it as currency but as stocks.
On one side bad of me cause it doesn't really help the coin but it does help my wallet to grow!

sana54210

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Quote from: DuckKeeper on October 12, 2016, 02:03:18 AM

I am never spending bitcoins because wehen you spend bitcoins you wont get lots of money from it and i think that we need to use the bitcoin as a investment and not like
a payment method.

Yes, right now bitcoin is more beneficial if you are using it as an investment, one of supporting points for this, maybe we could not find many bitcoin accepting merchants in our local area. When more people are saving bitcoins, it will obviously get more demands so that we can enjoy more returns out of our bitcoin savings.

But, at the same time we cannot ignore the benefit of using bitcoin as currency for many online transactions, one of the best way of using it for porn and gambling sites. No other payments are as flexible as bitcoins to be used there.

Legasean

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I never spent one coin and that is because i dont like tospent coins becuase you can earn coins and make money with coins when you hold them
and the price is going to rise you wll make much profits.

Bitcoinbro

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Quote from: pneumatic5 on February 25, 2016, 06:10:52 PM

I am spending it at a moment, and I really don't keep a close watch on the price of bitcoins, If I need money I convert it my local currency, its useless if its not helpful when you need a money, so its better to spend when you need a local currency.

But you should just put in your money what is your savings into bitcoin and then you can keep it there because if you keep exchanging back and forward then you lose a lot of money on fees etc so best is to not exchange multiple times.

DuckKeeper

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I am never spending bitcoins because wehen you spend bitcoins you wont get lots of money from it and i think that we need to use the bitcoin as a investment and not like
a payment method.

Positid

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BULL RUN until 2030

Quote from: Mastsetad on October 12, 2016, 12:08:42 AM

Quote from: pacifista on October 11, 2016, 07:53:01 PM

Not for now cause im just only starting to earn bitcoins here in the forum. I will buy cellphone using my bitcoin if i have enough btc. But i will need 3 months in order to buy a cheap one.

Usually me too don't spend my bitcoins actively but i recently bought a bike with my bitcoins which i earned by working for a few months and it really feels great when i ride that bike because it gives me a feeling or ownership and that this is what i have earned myself because i'm just a student and never had any jobs.

You just rip the fruits of you labor dude, not every student can provide for themselves as they are just dependent with their parents, I salute you for having a great success even if you are not matured enough, just continue doing that as you will have a bright future ahead.

Mastsetad

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Quote from: pacifista on October 11, 2016, 07:53:01 PM

Not for now cause im just only starting to earn bitcoins here in the forum. I will buy cellphone using my bitcoin if i have enough btc. But i will need 3 months in order to buy a cheap one.

Usually me too don't spend my bitcoins actively but i recently bought a bike with my bitcoins which i earned by working for a few months and it really feels great when i ride that bike because it gives me a feeling or ownership and that this is what i have earned myself because i'm just a student and never had any jobs.

crossabdd

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Quote from: bamboylee on October 11, 2016, 10:41:08 PM

Quote from: ajun96 on October 11, 2016, 08:58:23 PM

Quote from: pacifista on October 11, 2016, 07:53:01 PM

Not for now cause im just only starting to earn bitcoins here in the forum. I will buy cellphone using my bitcoin if i have enough btc. But i will need 3 months in order to buy a cheap one.

I also have a desire to buy something. I want to buy a house real estate yeah there is a third party he was also my friend who is ready to sell his house and he accepts bitcoin as a payment, I'm frugal. and save my bitcoin to buy it

That is quite a dream, buying a house using bitcoin. That will take a lot of time before that happen unless bitcoin suddenly becomes really high price. Good luck with your dream and hope it come true soon.

in fact we can buy TESLA MODEL 3 with bitcoin

http://www.coindesk.com/tesla-model-3-bitcoin/

so why we can't buy other thing with bitcoin ? im sure future is near, and bitcoin will be avaible in each marketplace.

danherbias07

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Quote from: bamboylee on October 11, 2016, 10:41:08 PM

Quote from: ajun96 on October 11, 2016, 08:58:23 PM

Quote from: pacifista on October 11, 2016, 07:53:01 PM

Not for now cause im just only starting to earn bitcoins here in the forum. I will buy cellphone using my bitcoin if i have enough btc. But i will need 3 months in order to buy a cheap one.

I also have a desire to buy something. I want to buy a house real estate yeah there is a third party he was also my friend who is ready to sell his house and he accepts bitcoin as a payment, I'm frugal. and save my bitcoin to buy it

That is quite a dream, buying a house using bitcoin. That will take a lot of time before that happen unless bitcoin suddenly becomes really high price. Good luck with your dream and hope it come true soon.

A lot more time and maybe not ib our lifetime. Just thinking about it there would be problems. Who will sell it for a bitvoin transactiom? They would still prefrer cash I think.

bamboylee

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Quote from: ajun96 on October 11, 2016, 08:58:23 PM

Quote from: pacifista on October 11, 2016, 07:53:01 PM

Not for now cause im just only starting to earn bitcoins here in the forum. I will buy cellphone using my bitcoin if i have enough btc. But i will need 3 months in order to buy a cheap one.

I also have a desire to buy something. I want to buy a house real estate yeah there is a third party he was also my friend who is ready to sell his house and he accepts bitcoin as a payment, I'm frugal. and save my bitcoin to buy it

That is quite a dream, buying a house using bitcoin. That will take a lot of time before that happen unless bitcoin suddenly becomes really high price. Good luck with your dream and hope it come true soon.

Topic: Do you actively spend your bitcoins? - page 4. (Read 257617 times)