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Topic: Do you actively spend your bitcoins? - page 89. (Read 257616 times)

sr. member
Activity: 322
Merit: 250
June 14, 2016, 08:54:09 AM
Yes and No.... I hoard some as an investment for the future, but the rest I spend when need be. My preferred payment method for gambling is bitcoins.  Reason being I get to keep my winnings in btc, I don't lose much, and I don't win much either. So it makes no big difference to my balance. And for now ( the past one year), most of my savings are in bitcoins. I bought @ $200/250. So you can imagine my excitement with the current price rise. If I decide to sell now, I won't have done badly, but Il hold for now. There is not much to spend btc on for now anyways,  but this could change soon.
hero member
Activity: 2954
Merit: 672
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June 14, 2016, 08:29:46 AM
Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally
yeah it feels when bitcoin prices rose very high like today. it is unfortunate when you want to spend bitcoin. I highly economical even for not too often in use in bitcoin transactions because each deal is now worth $ 0.07 LOL
Yeah! but actually the price is rising that big so it is not really advisable to spend, maybe spend only for emergencies or your basic needs but make sure you save a good amount of BTC for the future as the price will continue to rise accordingly.
hero member
Activity: 532
Merit: 500
June 14, 2016, 05:17:54 AM
Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally
yeah it feels when bitcoin prices rose very high like today. it is unfortunate when you want to spend bitcoin. I highly economical even for not too often in use in bitcoin transactions because each deal is now worth $ 0.07 LOL
sr. member
Activity: 448
Merit: 250
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June 14, 2016, 05:10:06 AM
Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally
im saving up my bitcoins too right now and even though i spend some of it i hold the most

im not spending a lot of it because i know that the price will not start dumping all at once, if it will start falling i might sell
hero member
Activity: 574
Merit: 500
June 14, 2016, 04:58:27 AM
Have to say that I really spend my bitcoins very actively seeking investment opportunities, as well as the occasional gamble with the money. Probably every day I make a transaction with BTC.

Not that many opportunities though to spend my coins in real life, I would like to see more stores accepting BTC.
hero member
Activity: 714
Merit: 500
June 14, 2016, 04:36:07 AM
Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally

If you are in need of money then you should sell according to your needs, but the best thing would be to hold it till the halving and sell when the right time comes.
newbie
Activity: 9
Merit: 0
June 14, 2016, 04:18:49 AM
Ever since the price rise, I'm saving up all my bitcoins. But I use bitcoins occasionally
hero member
Activity: 840
Merit: 501
Strength in Numbers
June 14, 2016, 04:18:29 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.

Yes spending actively today is not really recommended, because you are buying the things in high price because the price now are very high.
So, you just need to wait until the price of bitcoin gets stable from a range and after that if you think that is now stable in a range price.
Then go back to spend actively again.
hero member
Activity: 672
Merit: 500
June 14, 2016, 04:02:23 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.

I think we should not spend until the halving, as it is expected that price would be really higher at that time so in my opinion that would be the best time to spend bitcoins.
Definitely, that is a good idea, we should save and keep our bitcoins now as we have a good market movement with the price going up to the moon again. If you can at least control your self for a while you will rip a good profit in the near future, right after the halving.

True, present spike has given high hopes to the users of bitcoin, and now it will be really interesting to see what will be the price at the time of halving, so I am holding my coins.
hero member
Activity: 3010
Merit: 666
June 14, 2016, 04:00:35 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.

I think we should not spend until the halving, as it is expected that price would be really higher at that time so in my opinion that would be the best time to spend bitcoins.
Definitely, that is a good idea, we should save and keep our bitcoins now as we have a good market movement with the price going up to the moon again. If you can at least control your self for a while you will rip a good profit in the near future, right after the halving.
legendary
Activity: 2086
Merit: 1058
June 14, 2016, 03:19:36 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.

I think we should not spend until the halving, as it is expected that price would be really higher at that time so in my opinion that would be the best time to spend bitcoins.
sr. member
Activity: 364
Merit: 250
June 14, 2016, 03:17:22 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.
hero member
Activity: 714
Merit: 500
June 14, 2016, 12:52:12 AM
I have not been spending my bitcoins the past few days, in anticipation of another surge coming. One can't be blamed for just holding, because the way the price moves, it is the wisest thing to do at the moment. With the increasing demand from the Chinese market, we might see the price go up further and that is another reason for me to just hold and buy when I have the budget to do so.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 14, 2016, 12:43:46 AM
I really love bitcoins so much and I am an active spender in my online needs. Because of bitcoins the gambling hassle was eliminated and we can gamble anytime and withdraw and deposits very fast.

Well you gotta be put some limitations in active spending of your bitcoins with gambling, yes it is very convenient but the thing is it might run out your bitcoins because of being an active spender to it. No problem if you are going to spend it on other things that you need.
But for gambling, I say put some limitations.
Totally gambling is not a good way to spend your money because it would only let you do things that will cause you trouble in the future if you cannot control yourself. Maybe buy and sell business online would be good but if you want a a more simple way. Investment is the best way to do it.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 13, 2016, 10:58:58 PM
I really love bitcoins so much and I am an active spender in my online needs. Because of bitcoins the gambling hassle was eliminated and we can gamble anytime and withdraw and deposits very fast.

Well you gotta be put some limitations in active spending of your bitcoins with gambling, yes it is very convenient but the thing is it might run out your bitcoins because of being an active spender to it. No problem if you are going to spend it on other things that you need.
But for gambling, I say put some limitations.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
June 13, 2016, 10:44:19 PM
I see that price nowdays is $700 and i don't really want to spend something, better to wait a bit more to get maximum from this halving , but need to be very carefull.

Yeah, the price is increasing now, amd we need a strategy when to spend bitcoin and when to hold. of course we should think about the risks and other issues.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
June 13, 2016, 10:22:30 PM
I really love bitcoins so much and I am an active spender in my online needs. Because of bitcoins the gambling hassle was eliminated and we can gamble anytime and withdraw and deposits very fast.
sr. member
Activity: 336
Merit: 250
June 13, 2016, 07:14:27 PM
I actively spend my bitcoins on investments of any kind like mining, hyip gambling but most of it converted to cash to provide my family needs. Bitcoin for me is a secondary source of funds. I want to save my funds but i want to spend it to earn more bitcoins thats business.
hero member
Activity: 3024
Merit: 680
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June 13, 2016, 06:52:54 PM
I see that price nowdays is $700 and i don't really want to spend something, better to wait a bit more to get maximum from this halving , but need to be very carefull.

Yeah me either, I stopped spending actively, because we have all one goals, is to get profit from halving, and because more people are stopping
to spend their bitcoins, it is one now of the things that make the bitcoins price increase.
Low supply of bitcoin now is happening, so the demand is high and make the price increase.
hero member
Activity: 840
Merit: 1000
June 13, 2016, 05:40:30 PM
I see that price nowdays is $700 and i don't really want to spend something, better to wait a bit more to get maximum from this halving , but need to be very carefull.

Yeah need to be careful mate, as we don't know whether price will increase or decrease at the time of halving so we need to play smart and grab each and every opportunity to earn profits.
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