Do you actively spend your bitcoins? - page 40.

JessicaSe

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Quote from: Zooplus on August 17, 2016, 04:17:34 AM

Quote from: Osarman on August 16, 2016, 03:44:25 PM

i do not spend my bitcoin recently because its good time to hold bitcoin and its really increase its price too much faster and i hope we can get good profit from bitcoin in future .

With the current price, it is not increasing but there is not much to panic because the price will eventually increase and we have seen that many times already. It is always the trend with bitcoin that every time there is a fall back of price, the next thing to happen is a price pump.

Yeah we need to have patience with our bitcoins, price is low at a moment but it will rise in coming months so I think spending when price goes higher is the right thing to do.

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Quote from: Osarman on August 16, 2016, 03:44:25 PM

i do not spend my bitcoin recently because its good time to hold bitcoin and its really increase its price too much faster and i hope we can get good profit from bitcoin in future .

With the current price, it is not increasing but there is not much to panic because the price will eventually increase and we have seen that many times already. It is always the trend with bitcoin that every time there is a fall back of price, the next thing to happen is a price pump.

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i do not spend my bitcoin recently because its good time to hold bitcoin and its really increase its price too much faster and i hope we can get good profit from bitcoin in future .

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Quote from: 0day on August 16, 2016, 02:11:27 PM

Quote from: mirakal on August 16, 2016, 01:40:58 AM

Quote from: Yakamoto on August 16, 2016, 12:28:13 AM

Aside from the Bitcoin that I'm buying here and there as an investment, I'm definitely spending my Bitcoin in one form or another. I guess if you count part of my exchanges into fiat as being a form of spending my Bitcoin anyways.

I might spend more in the future, but for now I'm a scrooge and I find it hard to spend money.

Now is not actually a good time to spend as we are still in the early phase of bitcoin, we should be more focus on investment now and save and invest our bitcoins for a long term, the future will tell and we will be ripping the fruits of our labor, just be patience to be successful in our investment.

Along with saving and investment in bitcoin, if we also start to use it as a currency then I think it will get more fame and with that more and more people will come to know about that currency and they will also adopt it for their benefits and bitcoin will become a more successful currency in that way.

Each and every user of bitcoin wants to use it at physical place but the fact is that its not possible at a moment as its really hard to find places where we can spend it directly.

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Quote from: umaOuma on August 16, 2016, 01:46:35 PM

Quote from: crairezx20 on August 16, 2016, 10:47:32 AM

Quote from: greatr on August 16, 2016, 10:06:53 AM

Quote from: techfm86 on August 16, 2016, 12:21:29 AM

Actually most of the time that I buy it is for the long-term run.

it is the long term investment for me either, in my opinion the price is not going to stop growing in the future so i might become really rich with it

Well your right bitcoin will be more popular in the future and the price of bitcoin will be increase more soon. we know many companies right now are accepting bitcoin as payment so i think more companies will accept bitcoin that can affect the value of bitcoin in the future..

Yup we will see many more companies that will join the ride in future and that will take price to higher level in future so its better not to spend at this stage.

If you already collect bitcoin, it is only half of it. Otherwise, you can play. There is a risk that all the predictions wrong. Therefore, one part can be sold and the other part of the bitcoin is better to collect the high price.

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Quote from: mirakal on August 16, 2016, 01:40:58 AM

Quote from: Yakamoto on August 16, 2016, 12:28:13 AM

Aside from the Bitcoin that I'm buying here and there as an investment, I'm definitely spending my Bitcoin in one form or another. I guess if you count part of my exchanges into fiat as being a form of spending my Bitcoin anyways.

I might spend more in the future, but for now I'm a scrooge and I find it hard to spend money.

Now is not actually a good time to spend as we are still in the early phase of bitcoin, we should be more focus on investment now and save and invest our bitcoins for a long term, the future will tell and we will be ripping the fruits of our labor, just be patience to be successful in our investment.

Along with saving and investment in bitcoin, if we also start to use it as a currency then I think it will get more fame and with that more and more people will come to know about that currency and they will also adopt it for their benefits and bitcoin will become a more successful currency in that way.

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Quote from: techfm86 on August 16, 2016, 12:21:29 AM

Actually most of the time that I buy it is for the long-term run.

i also buy my bitcoins for a longer run, in my opinion its price will grow a lot so i hold

umaOuma

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Quote from: crairezx20 on August 16, 2016, 10:47:32 AM

Quote from: greatr on August 16, 2016, 10:06:53 AM

Quote from: techfm86 on August 16, 2016, 12:21:29 AM

Actually most of the time that I buy it is for the long-term run.

it is the long term investment for me either, in my opinion the price is not going to stop growing in the future so i might become really rich with it

Well your right bitcoin will be more popular in the future and the price of bitcoin will be increase more soon. we know many companies right now are accepting bitcoin as payment so i think more companies will accept bitcoin that can affect the value of bitcoin in the future..

Yup we will see many more companies that will join the ride in future and that will take price to higher level in future so its better not to spend at this stage.

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Quote from: danherbias07 on August 16, 2016, 10:36:23 AM

Quote from: gkv9 on August 16, 2016, 10:04:25 AM

I sold and used it for my mother's operation and I can proudly say that I am a bitcoin seller, because if money doesn't prove to be there at the time of its need, then it is useless even if it comes to you when you don't need it... I know many people will think differently and criticize my words, but that's how it works...

I wont criticize you, in fact I am admiring you for the strength you give in spending it even at times where its price is low. I am also like you, the difference is I use it now for my pregnant wife in her needs.

You guys are great. But your actions on the use of bitcoin today, caused by extreme measures and the need. And if this was not bored, I do not think that someone of you would dare to sell bitcoin.

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Quote from: greatr on August 16, 2016, 10:06:53 AM

Quote from: techfm86 on August 16, 2016, 12:21:29 AM

Actually most of the time that I buy it is for the long-term run.

it is the long term investment for me either, in my opinion the price is not going to stop growing in the future so i might become really rich with it

Well your right bitcoin will be more popular in the future and the price of bitcoin will be increase more soon. we know many companies right now are accepting bitcoin as payment so i think more companies will accept bitcoin that can affect the value of bitcoin in the future..

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Quote from: gkv9 on August 16, 2016, 10:04:25 AM

I sold and used it for my mother's operation and I can proudly say that I am a bitcoin seller, because if money doesn't prove to be there at the time of its need, then it is useless even if it comes to you when you don't need it... I know many people will think differently and criticize my words, but that's how it works...

I wont criticize you, in fact I am admiring you for the strength you give in spending it even at times where its price is low. I am also like you, the difference is I use it now for my pregnant wife in her needs.

greatr

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Quote from: techfm86 on August 16, 2016, 12:21:29 AM

Actually most of the time that I buy it is for the long-term run.

it is the long term investment for me either, in my opinion the price is not going to stop growing in the future so i might become really rich with it

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I sold and used it for my mother's operation and I can proudly say that I am a bitcoin seller, because if money doesn't prove to be there at the time of its need, then it is useless even if it comes to you when you don't need it... I know many people will think differently and criticize my words, but that's how it works...

Corenin

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Quote from: carlfebz2 on August 16, 2016, 08:58:11 AM

Quote from: peta4e on August 16, 2016, 08:42:44 AM

Quote from: boyptc on August 16, 2016, 08:31:07 AM

Quote from: Positid on August 16, 2016, 08:23:45 AM

Quote from: greBit on August 16, 2016, 07:58:02 AM

Quote from: mirakal on August 16, 2016, 07:42:28 AM

Quote from: mark coins on August 16, 2016, 05:33:33 AM

Quote from: goinmerry on August 16, 2016, 03:28:33 AM

Quote from: Yakamoto on August 16, 2016, 12:28:13 AM

Aside from the Bitcoin that I'm buying here and there as an investment, I'm definitely spending my Bitcoin in one form or another. I guess if you count part of my exchanges into fiat as being a form of spending my Bitcoin anyways.

I might spend more in the future, but for now I'm a scrooge and I find it hard to spend money.

I think exchanging it is one form also. I do a lot of time and the one that is having profit out of it is the website wallet but I dont regret it though. There is this thinking that it also helps for the movement of bitcoin.

Exactly bitcoin circulation is very important to take price higher and also to make bitcoin as a stronger currency so even I keep on selling my coins whenever I am in need of money.

We have no choice but to sell our bitcoins whenever we need more money, but always remember to control our spending so we could still save our bitcoins and invest it for the future, the price is really great now because it falls back a bit and for me it is not good to spend but buy instead.

Yeah buying now and holding it for the future can be a profitable decision as price is comparatively lower at a moment and it will increase in future for sure.

Majority of the investors here have that speculation on the future of bitcoins, we do believe that the price will stay and that is actually good for everybody because the demand will increase as we will continue to buy bitcoins to hold it.

And I am believing on those speculations of the investors and as of now, I am not spending bitcoins actively. I am hoping that the price of bitcoin is going to be stable at $700-800 and I am still waiting for it to happen. And if that happens then I am going to go back what I used to do which is actively spending of bitcoins.

Neither this is a good time to spend nor to sell as price is below the expected level at a moment, and may be it can go higher in next couple of months, so holding them at a moment is a correct decision.

Its not ideal to sell your coins as of the moment since bitcoins price is very low especially when you buy bitcoin at the price of $600+ then you would definitely have negative profit, so its better to hold for how many months or even years and waiting for the right time which you see that it would benefited you.

yeah sell only when you are making profits even if you have to wait longer for that, as no one wants to go from losses and if you have bought at $250 in the past then this is still the good time to buy.

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