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Topic: Do you actively spend your bitcoins? - page 66. (Read 257616 times)

legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
July 09, 2016, 06:05:39 AM
Right now most users were holding bitcoin than spending effectively just with the hope of earning good by today's holding. Once again from tomorrow users starts spending if nothing high happens.
hero member
Activity: 532
Merit: 500
July 09, 2016, 05:57:57 AM
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.
yeah I think it's okay to spend some satoshi only it will not make you loss dude. I spend as usual to buy top-ups phone and so
on with bitcoin and it needs me I'm not counting the expenses. although halving will come it does not make me anxious to spending
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 09, 2016, 05:55:18 AM
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.

I spent my bitcoin whenever I need to buy things online and if the online shop accepts the bitcoin. Then I will buy back the coins.

I don't know if I'm going to spend actively bitcoins again as the halving is already happening today.
I'm still waiting for the price increase after it before spend actively again.
hero member
Activity: 2590
Merit: 644
July 09, 2016, 05:44:38 AM
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.
Yeah that's right we need to set a specific price which we need to wait to sell our coins because if we didn't set a goal for the price we were just waiting like we see the price is $800 but we don't have a goal and we just keep waiting and the bad things happen like panic selling happens and that $800 price fall to $400. That is one of the disadvantage of just waiting without a target price.
newbie
Activity: 19
Merit: 0
July 09, 2016, 04:23:34 AM
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.

I spent my bitcoin whenever I need to buy things online and if the online shop accepts the bitcoin. Then I will buy back the coins.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
July 09, 2016, 03:19:06 AM
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.
member
Activity: 98
Merit: 10
July 09, 2016, 02:52:33 AM
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
hero member
Activity: 924
Merit: 1000
July 08, 2016, 11:34:18 AM


It is really recommended to stop spending actively today. But it is going to depend on how do you need bitcoin really.
But my suggestion if there is no need to use bitcoin actively then you just need to save it for halving.

On the other hand, why you will spend if there's nothing you will spend of? Spending coins is not wrong if you really want to use it for anything or something.

If you don't need it for now then save it and let it sleep.

I think spending is essential to take price of bitcoin to a higher level in future, only saving or holding will not be good if we want to see some best price of bitcoin.
legendary
Activity: 2436
Merit: 1008
July 08, 2016, 11:17:08 AM


It is really recommended to stop spending actively today. But it is going to depend on how do you need bitcoin really.
But my suggestion if there is no need to use bitcoin actively then you just need to save it for halving.

On the other hand, why you will spend if there's nothing you will spend of? Spending coins is not wrong if you really want to use it for anything or something.

If you don't need it for now then save it and let it sleep.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 08, 2016, 07:42:40 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.

I would say that you should limit your active spending today as the halving is going to take effect after tomorrow.
For sure there is going to have changes once it happen.
And after getting some profits out of the price increase then you can go back in active spending.

Yeah its better to continue with active spending once the halving is done, there is no indication that price will go higher at halving, but now we are so near to it so can afford to wait for next few hours.

It is really recommended to stop spending actively today. But it is going to depend on how do you need bitcoin really.
But my suggestion if there is no need to use bitcoin actively then you just need to save it for halving.
hero member
Activity: 938
Merit: 1000
July 08, 2016, 07:24:23 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.

I would say that you should limit your active spending today as the halving is going to take effect after tomorrow.
For sure there is going to have changes once it happen.
And after getting some profits out of the price increase then you can go back in active spending.

Yeah its better to continue with active spending once the halving is done, there is no indication that price will go higher at halving, but now we are so near to it so can afford to wait for next few hours.
hero member
Activity: 840
Merit: 501
Strength in Numbers
July 08, 2016, 06:06:11 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.

I would say that you should limit your active spending today as the halving is going to take effect after tomorrow.
For sure there is going to have changes once it happen.
And after getting some profits out of the price increase then you can go back in active spending.
legendary
Activity: 840
Merit: 1000
July 08, 2016, 06:00:22 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.

I do that also exchanging it to fiat for my groceries. It did a big help for me, it is like my weekly grocery is free I dont feel like I am the one spending it plus I can save my salary from my job.

Yeah bitcoin is taking care of our basic expenses, so our salary in intact and we can save a good amount of money which can be useful in future to invest somewhere.
legendary
Activity: 2940
Merit: 1083
July 08, 2016, 05:52:57 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.

I do that also exchanging it to fiat for my groceries. It did a big help for me, it is like my weekly grocery is free I dont feel like I am the one spending it plus I can save my salary from my job.
hero member
Activity: 952
Merit: 1000
July 08, 2016, 05:32:36 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.

Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert  it to my local currency.
hero member
Activity: 1302
Merit: 540
July 08, 2016, 05:14:09 AM
i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 08, 2016, 05:11:52 AM
Right now i'm actually trying to earn 5BTC before i can actually use it. I planning to use this money to set up my game development and upgrade the software development tools that i'm using to make my games. I'm really glad steam has provide a Greenlight pass for indie game developers such as myself to place our games in the steam database.
Wow that's a huge money. I hope that i will also learn how to make games even though i'm just a teen. Good luck to you for earning btc, i hope that you will earn that 5 btc fast so you can start to develop your game and i will give a give a try to play your indie game Smiley.
member
Activity: 84
Merit: 10
July 08, 2016, 04:57:03 AM
Right now i'm actually trying to earn 5BTC before i can actually use it. I planning to use this money to set up my game development and upgrade the software development tools that i'm using to make my games. I'm really glad steam has provide a Greenlight pass for indie game developers such as myself to place our games in the steam database.
hero member
Activity: 924
Merit: 1000
July 08, 2016, 04:25:53 AM
Nope, or not the way you'd say. But I actually invest a lot of my btc.

I'd say btc is best suited for international investment.
I would say that someone would be stupid to deny the phrase you just said.
There are no better currency/crypto than btc for international investment,you can do basically anything with it,that what makes bitcoin so great!
The real purpose of BTC is not really for investment, people who invest nowadays believes the future of bitcoins to be a recognize currency and when that time comes demands will be high that would affect the price which would benefit the early investors.
Yeah but as far as i know the main purpose of the bitcoin is to spend in online shopping but for now most of the users looking for profit of their money which is already in their wallet. Now a days BTC is the other source of income for the users they want to kept for a long time instead to spend.
the lack of consumer interest hasn’t stopped investors from sniffing around bitcoin. In fact, 80 percent of  users are buying, selling and holding bitcoins as investments, while only 20 percent are using them for day-to-day spending.

If we want to take price of bitcoin higher then we need to spend it regularly, only holding will not serve the purpose in long run, people should treat bitcoin as a currency and not as an investment.
hero member
Activity: 994
Merit: 502
July 08, 2016, 03:58:58 AM
Nope, or not the way you'd say. But I actually invest a lot of my btc.

I'd say btc is best suited for international investment.
I would say that someone would be stupid to deny the phrase you just said.
There are no better currency/crypto than btc for international investment,you can do basically anything with it,that what makes bitcoin so great!
The real purpose of BTC is not really for investment, people who invest nowadays believes the future of bitcoins to be a recognize currency and when that time comes demands will be high that would affect the price which would benefit the early investors.
Yeah but as far as i know the main purpose of the bitcoin is to spend in online shopping but for now most of the users looking for profit of their money which is already in their wallet. Now a days BTC is the other source of income for the users they want to kept for a long time instead to spend.
the lack of consumer interest hasn’t stopped investors from sniffing around bitcoin. In fact, 80 percent of  users are buying, selling and holding bitcoins as investments, while only 20 percent are using them for day-to-day spending.
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