Do you actively spend your bitcoins? - page 42.

Corenin

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Quote from: ASHLIUSZ on August 13, 2016, 09:08:42 AM

Quote from: pocarime32 on August 13, 2016, 08:16:52 AM

Quote from: opossum on August 13, 2016, 06:44:19 AM

Quote from: Shibashi Dogemoto on August 13, 2016, 05:43:14 AM

I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.

Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future.

I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling.

You may not lose always, but at the end if you calculate it you might have lost more worth bitcoin. You will realize that if you have saved it, it reaps you more profits at that time than wasting in gambling.

Exactly if you save your bitcoins for future then whatever profits you will be earning will be higher in compare to gambling for sure, as the percentage of loosing will be higher in compare to winning in gambling.

ASHLIUSZ

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Quote from: pocarime32 on August 13, 2016, 08:16:52 AM

Quote from: opossum on August 13, 2016, 06:44:19 AM

Quote from: Shibashi Dogemoto on August 13, 2016, 05:43:14 AM

I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.

Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future.

I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling.

You may not lose always, but at the end if you calculate it you might have lost more worth bitcoin. You will realize that if you have saved it, it reaps you more profits at that time than wasting in gambling.

pocarime32

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Quote from: opossum on August 13, 2016, 06:44:19 AM

Quote from: Shibashi Dogemoto on August 13, 2016, 05:43:14 AM

I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.

Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future.

I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling.

opossum

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Quote from: Shibashi Dogemoto on August 13, 2016, 05:43:14 AM

I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.

Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future.

Darwin02

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Ill use my bitcoin actively, to top up my phone or load my neighbor to earn some profit using bitcoin, I'll pay bitcoin for topping it and my neighbor paid me in fiat . That's simple thing i do to earn some profit atleast rebate of 5% , but some times I'll buy load from people to earn atleast 20% buying it cheap is good than using online wallet. Cheesy

Shibashi Dogemoto

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I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.

mirakal

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Quote from: Karartma1 on August 13, 2016, 01:59:37 AM

I used purse.io for the second time. Bought some headphones 14% off!
Awesome if you ask. Then I placed a buy order to refill my hot wallet. I found myself buying the same amount of BTC with less dollars.
great

I heard also that company and we can link our order in amazon to them, to be honest I am interested to buy products in amazon as some of them was still not in our country but my real problem is the shipping fee especially when you buy electronic units you need to pay a higher taxes.

Karartma1

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I used purse.io for the second time. Bought some headphones 14% off!
Awesome if you ask. Then I placed a buy order to refill my hot wallet. I found myself buying the same amount of BTC with less dollars.
great

Positid

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Quote from: KFCBTC on August 12, 2016, 10:31:52 PM

the people I know who spend them are always complaianing that they should have saved them. so no i don't i know its not good for the economy but I promise that ill be great for the economy when I'm rich

We only regret when we see the price of bitcoin is increasing, and that it a normal reaction for every person who are a good spender, actually we can prevent that from happening if we will practice to save now and hold our bitcoins and wait until the price increases base on the amount written in our plan so we can cash out with profit.

ReturnBits

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Using Shit makes it easier to spend BTC. I don't personally enjoy doing it, however it can be useful Wink

KFCBTC

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the people I know who spend them are always complaianing that they should have saved them. so no i don't i know its not good for the economy but I promise that ill be great for the economy when I'm rich

Zooplus

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Quote from: jerelimZ on August 12, 2016, 01:40:42 PM

Quote from: Bitcoinsummoner on August 12, 2016, 01:09:20 PM

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

Yeah this is not the best time to sell as price is not at higher level but it will be much higher in future so its better to hold it for next couple of years.

Spending is good if we are a discipline spender, we only spend for the things that we really need to buy because if not there will be no chance we can save our bitcoins, we need to believe that the coins we are holding will give us a fortune in the future so we need to be patient and hold our coins instead of spending it.

PetroffVany

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Quote from: Bitcoinsummoner on August 12, 2016, 01:09:20 PM

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

Spend your bitcoin can of course on different types of services offered by the Internet, and of course to play at the casino is also possible. But this is a very wrong decision, because judging by the numerous conversations and analysis, the price of bitcoin can reach the level of 1k end of the year, and perhaps even more. So you want to save your bitcoin until that time.

jerelimZ

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Quote from: Bitcoinsummoner on August 12, 2016, 01:09:20 PM

For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

Yeah this is not the best time to sell as price is not at higher level but it will be much higher in future so its better to hold it for next couple of years.

BitcoinPC

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Quote from: lienfaye on August 12, 2016, 10:29:15 AM

Quote from: BitcoinPC on August 12, 2016, 06:31:06 AM

Yes, Bitcoin is really helpful for me to using in online for buying and paying and transfer amount to an other account, but i can't use it in shops and in my market, because where i am living in my country, bitcoin is not use in official lever and also majority don't know about bitcoins, So that's why i can't use it openly in market.

We have same scenario, in our country it cant be spend in regular stores because they dont even know what bitcoin is as you can see most people dont know about bitcoin yet. i can only spend it through loading my phone and paying my bills, good thing our local wallet has feature like that.

Only one reason behind it, when our government introduce the bitcoin in country,than definitely we could be used it in any stores and in anywhere, also in that time, it doesn't take matter, that people know about bitcoin or not, because main thing is that our government not want to accept it, even i know my country's merchants know that bitcoin has a big business in it.

Bitcoinsummoner

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For now i spend bitcoin in trading or any online marketing that accept bitcoin as payment in advertising..
Im not so active to spend but holding bitcoin is the best to do because the price is not enough to sell bitcoin instead.

mandica

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Quote from: torrentheaven on August 12, 2016, 10:51:42 AM

Quote from: mirakal on August 12, 2016, 10:46:22 AM

Quote from: machinek20 on August 12, 2016, 09:15:42 AM

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard

That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.

If you want to make good profits from bitcoin then try to collect as much as coins at a moment and save it for the future to earn more profits from it.

I bought some bitcoin in the middle of last year. Since then I have spent some to buy mining equipment and mine more bitcoins.

torrentheaven

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Quote from: mirakal on August 12, 2016, 10:46:22 AM

Quote from: machinek20 on August 12, 2016, 09:15:42 AM

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard

That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.

If you want to make good profits from bitcoin then try to collect as much as coins at a moment and save it for the future to earn more profits from it.

mirakal

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Quote from: machinek20 on August 12, 2016, 09:15:42 AM

Oh yes, i earn bitcoin so i can spend it on the things i like, i sometimes spend it on gambling and sometimes change it to fiat and buy myself good food and some games, it feels good to be able to spend something using the coin that you earned so hard

That's true man, but we also need to consider that spending all our money is not good all the time. We have to think of the future and since you are in the crypto world and it has given you the opportunity to earn good amount of money, you also need to save and to investment for the future.

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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.

If I'd be a big miner and Bitcoin would be one of my main incomes I may spend. But no, I am not in that category.
Honest merchants have to pay taxes in their own country, so I don't see why would they go for Bitcoin only.
More "shady" businesses, especially porn or gambling related, could go for Bitcoin only, but imho that would be a sign they may avoid taxes, for example.

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