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Topic: Do you actively spend your bitcoins? - page 61. (Read 257603 times)

sr. member
Activity: 406
Merit: 250
July 14, 2016, 10:32:38 PM
I am not actively spend my bitcoin because it is impossible as of now because in my country there are no stores accepting bitcoin as their for of payment but i already spend my bitcoin paying my bills.
legendary
Activity: 2282
Merit: 1041
July 14, 2016, 10:15:40 PM
I guess we can consider exchanging bitcoin to fiat as spending still right?
I've been trading as well like buying some coins such as Lisk, WAVES and BRK lately thru the bitcoins I've earned so yeah i'm spending by btc. Not for a commodity though. if I can spend btc on grocery store i may have spend more to the food i would eat than to the coins.
hero member
Activity: 672
Merit: 500
July 14, 2016, 06:59:45 PM
I convert it to fiat whenever I feel that price is good for me as spending directly is not possible for me at a moment but majority of coins I am saving for future.
sr. member
Activity: 434
Merit: 251
July 14, 2016, 06:46:29 PM
Yes, i am using bitcoins almost everyday in steam, i like to make different purchases online but i hate that i can't use my bitcoins in physical shops Angry
legendary
Activity: 2436
Merit: 1008
July 14, 2016, 06:41:05 PM
Now that it is not moving really that much. Maybe it is time for others to spend it too. You can also try to ask yourselves. What if no one spends a coin and all of us will just let it stuck in our wallet. What do you think will happen?

If everyone keeps holding and don't spend then price will not increase in future, but I think majority of people are spending it on  gambling so bitcoin is circulated and that is a good sign.

If everyone will hold then stocks are on hold and less bitcoin are available. And now that less bitcoin is available, there will be more demands. And because there will be more demands but there are less bitcoin available, people will now offer a high price then eventually it will be matched by others for much more of the first price offered.

And for the topic, if people feels to spend their coins just do what they like as it's their coins after all.
hero member
Activity: 938
Merit: 1000
July 14, 2016, 06:38:22 PM
I try to not spend any Bitcoins because it is not that handy, they are worth allot of money and spending them is dumb if you can make money with them.
If you want to spend then just spend cash but not Bitcoin.
But it is not bad to spend some of bitcoins since circulating bitcoin is useful for bitcoin itself.

It is quite difficult to spend bitcoin in my country. I can only use it in one online shops to buy computer parts.
Unfortunately most of us are spending bitcoin to buy digital goods and even you are a bit lucky that you are able to buy computer parts.

Yeah spending bitcoin is limited at a moment as its used only for mobile recharge and for buying digital stuffs, and sometimes I spend it on gambling too.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
July 14, 2016, 06:20:19 PM
I try to not spend any Bitcoins because it is not that handy, they are worth allot of money and spending them is dumb if you can make money with them.
If you want to spend then just spend cash but not Bitcoin.
But it is not bad to spend some of bitcoins since circulating bitcoin is useful for bitcoin itself.

It is quite difficult to spend bitcoin in my country. I can only use it in one online shops to buy computer parts.
Unfortunately most of us are spending bitcoin to buy digital goods and even you are a bit lucky that you are able to buy computer parts.
legendary
Activity: 840
Merit: 1000
July 14, 2016, 06:16:35 PM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

it is the matter of time and the matter of education, the stores in our city do not accept bitcoin and maybe it will take much longer time that they involve in it because most of them are uneducated and they cannot handle the bitcoin system.

That problem will always follow bitcoin as you cannot expect illiterate merchants to start accepting bitcoin as they will find it very complicated and will prefer to stay away from it.
hero member
Activity: 907
Merit: 500
July 14, 2016, 06:11:27 PM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

it is the matter of time and the matter of education, the stores in our city do not accept bitcoin and maybe it will take much longer time that they involve in it because most of them are uneducated and they cannot handle the bitcoin system.
hero member
Activity: 714
Merit: 500
July 14, 2016, 05:17:08 PM
I hold most of my coins. I believe the price of the bitcoin will rise in the long term. But I also spend some of the coins.
i also usually just hold my coins and thats it though i think that i would spend it more often if there were more bitcoins shops around me, that would be really great i think

Till the time you don't find any shop to spend  your bitcoin, its better to save it for future as you will be enjoying more benefits when price will be higher in future.
sr. member
Activity: 504
Merit: 250
July 14, 2016, 05:01:59 PM
I hold most of my coins. I believe the price of the bitcoin will rise in the long term. But I also spend some of the coins.
i also usually just hold my coins and thats it though i think that i would spend it more often if there were more bitcoins shops around me, that would be really great i think
hero member
Activity: 924
Merit: 1000
July 14, 2016, 04:59:15 PM
Now that it is not moving really that much. Maybe it is time for others to spend it too. You can also try to ask yourselves. What if no one spends a coin and all of us will just let it stuck in our wallet. What do you think will happen?

If everyone keeps holding and don't spend then price will not increase in future, but I think majority of people are spending it on  gambling so bitcoin is circulated and that is a good sign.
sr. member
Activity: 336
Merit: 250
July 14, 2016, 04:48:08 PM
I spend them as soon as I get them.
It is very hard to hold on to something when it's value isn't same as when you received it.
Talk about a high level of depreciation  Roll Eyes

Usually it only rises when I hold on to it for months on end but that is if I hold on to any when I get them. Cheesy
hero member
Activity: 693
Merit: 508
July 14, 2016, 04:17:37 PM
I hold most of my coins. I believe the price of the bitcoin will rise in the long term. But I also spend some of the coins.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 14, 2016, 02:58:56 AM
Now that it is not moving really that much. Maybe it is time for others to spend it too. You can also try to ask yourselves. What if no one spends a coin and all of us will just let it stuck in our wallet. What do you think will happen?
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
July 14, 2016, 12:50:44 AM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

Exactly it will be done in future for sure, and for that we need to have some patience and at a moment we have option of spending it online so we should be satisfied with it.
online merchants accept bitcoin are growing faster than everyone expected .
the biggest news this year are paypal welcoming bitcoin as a partner through bitcoin firms such as bitpay and coinbase.
and one of biggest online game provider steam also announced they accept bitcoin now.
I just found some great online stores that accept bitcoin rest is just a small online stores or easier if you wish to use bitcoin as a payment you can look for people who want to sell their goods through advertising in this forum because it's only what i do when want to spend my bitcoin.
We can even find good sellers here in the forum, just look at the goods section as there are a lot of items offered for sale and even services, that is the beauty of using bitcoins because we can easily find seller and transact online.

Yes there are good sellers here in forum or even you are going to sell something there are also good buyers at all. It is just going to depend if you are on the same country, that is going to be appropriate if you are both in one country so that you can able to manage deals easily.
Unlike offshore it is going to ship something.
What is important is a good seller because it is just normal that the buyer will send first the money before the seller will deliver the goods, anyway they can always use escrow to make sure everything will be fine for both parties.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 14, 2016, 12:14:06 AM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

Exactly it will be done in future for sure, and for that we need to have some patience and at a moment we have option of spending it online so we should be satisfied with it.
online merchants accept bitcoin are growing faster than everyone expected .
the biggest news this year are paypal welcoming bitcoin as a partner through bitcoin firms such as bitpay and coinbase.
and one of biggest online game provider steam also announced they accept bitcoin now.
I just found some great online stores that accept bitcoin rest is just a small online stores or easier if you wish to use bitcoin as a payment you can look for people who want to sell their goods through advertising in this forum because it's only what i do when want to spend my bitcoin.
We can even find good sellers here in the forum, just look at the goods section as there are a lot of items offered for sale and even services, that is the beauty of using bitcoins because we can easily find seller and transact online.

Yes there are good sellers here in forum or even you are going to sell something there are also good buyers at all. It is just going to depend if you are on the same country, that is going to be appropriate if you are both in one country so that you can able to manage deals easily.
Unlike offshore it is going to ship something.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 11:52:42 PM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

Exactly it will be done in future for sure, and for that we need to have some patience and at a moment we have option of spending it online so we should be satisfied with it.
online merchants accept bitcoin are growing faster than everyone expected .
the biggest news this year are paypal welcoming bitcoin as a partner through bitcoin firms such as bitpay and coinbase.
and one of biggest online game provider steam also announced they accept bitcoin now.
I just found some great online stores that accept bitcoin rest is just a small online stores or easier if you wish to use bitcoin as a payment you can look for people who want to sell their goods through advertising in this forum because it's only what i do when want to spend my bitcoin.
We can even find good sellers here in the forum, just look at the goods section as there are a lot of items offered for sale and even services, that is the beauty of using bitcoins because we can easily find seller and transact online.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 13, 2016, 11:46:43 PM
I mostly spend my bitcoins to my bills. Sometimes I am buying some goods who are accepting Bitcoins. But as always, I usually spend it on game credits. Because that's the reason why I earn BTC. I usually earn 0.001 - 0.005 every week. So I can convert it to dollars and use it on gaming. But sometimes, I earn my BTC just to use it at trading sites.

This is what I'm doing also, I'm spending my bitcoins on paying my internet bills , electric bills and other things that has billing monthly.
And not just billing, I'm also paying bitcoins for buying prepaid loads those are things that I'm using and spending actively for bitcoins.
Or else, I'm just going to cash it out with fiat.
hero member
Activity: 518
Merit: 500
July 13, 2016, 11:31:18 PM
It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved .
Many merchants will accept bitcoin as payment processor,  it is just the matter of time.
People will realize how easy and useful using bitcoin than use physical currency.

Exactly it will be done in future for sure, and for that we need to have some patience and at a moment we have option of spending it online so we should be satisfied with it.
online merchants accept bitcoin are growing faster than everyone expected .
the biggest news this year are paypal welcoming bitcoin as a partner through bitcoin firms such as bitpay and coinbase.
and one of biggest online game provider steam also announced they accept bitcoin now.
I just found some great online stores that accept bitcoin rest is just a small online stores or easier if you wish to use bitcoin as a payment you can look for people who want to sell their goods through advertising in this forum because it's only what i do when want to spend my bitcoin.
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