Do you actively spend your bitcoins? - page 9.

BitcoinPanther

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Quote from: KingdomHearts on October 07, 2016, 05:14:25 PM

Quote from: Bitcoinsummoner on October 07, 2016, 01:15:41 PM

This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..

Yeah you are right this is not good time to spend bitcoin and there is a maximum people holding their bitcoin for the future because bitcoin will increase its price too much faster in few coming months so it good time to hold your bitcoin .

You can think that price of bitcoin will go up but please don't remove the possibility of bitcoin dropping in price. It is a two opposite way for bitcoin if it moves. And we can't be sure which way it is, so I think it is best if you spend your bitcoin to some venture that will increase so you will lose a little if it drops in price and gain much more if it moved up.

blackmachinegun

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Quote from: doraemon1 on October 07, 2016, 12:27:56 PM

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.

I think when you're afraid for using bitcoin, because there are a lot of fraudsters and scammers, you can use the escrow services to do business with someone, because you do not know is it they are reliable or not, so you can use the escrow, just for security alone

rizkyhiw

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Quote from: gkv9 on October 07, 2016, 04:03:21 PM

Quote from: Bitcoinsummoner on October 07, 2016, 01:15:41 PM

This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..

Thinking that way is good, but spending is also a good thing because money needs to circulate, and just think that if everyone starts holding only, how will this get itself going??? Might have the prices spiked higher, but possibly could get lowered down too, right???
So, it's better to spend some and save some for future like I am doing... Wink

yeah there must be a portion for each holding and spending
but since there is not much place to spend bitcoin actively / daily
make things going hard , you want to spend but don't know where
people recently used bitcoin as currecny to gamble , but i don't like it

KingdomHearts

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Quote from: Bitcoinsummoner on October 07, 2016, 01:15:41 PM

This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..

Yeah you are right this is not good time to spend bitcoin and there is a maximum people holding their bitcoin for the future because bitcoin will increase its price too much faster in few coming months so it good time to hold your bitcoin .

gkv9

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Activity: 1246

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!!! RiSe aBovE ThE StoRm !!!

Quote from: Bitcoinsummoner on October 07, 2016, 01:15:41 PM

This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..

Thinking that way is good, but spending is also a good thing because money needs to circulate, and just think that if everyone starts holding only, how will this get itself going??? Might have the prices spiked higher, but possibly could get lowered down too, right???
So, it's better to spend some and save some for future like I am doing... Wink

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

This is not a good time to spend bitcoins right now since the price of bitcoin there is still possibility that the price will increase more this following months and i think savings is a good thing to do to make a good profit right now ..

crairezx20

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Quote from: doraemon1 on October 07, 2016, 12:27:56 PM

Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.

Maybe you are in bad site that you use bitcoin.. can you mention about the site link so that i can also check why you experience of spending your bitcoin since .. i am still not halving any issue dealing like in buying domains and namecheap.

doraemon1

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Not anymore, I had some bad experiences with some services where I use to spend Bitcoin regularly and after that I haven't find other trusted ones. So only only hodling as of now.

agustina2

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Quote from: Positid on October 07, 2016, 12:35:28 AM

Quote from: agustina2 on October 07, 2016, 12:32:06 AM

Quote from: peta4e on October 06, 2016, 07:53:50 PM

There is a full possibility that price will go higher at the end of the year and that is the reason I am not spending my coins because I am looking for higher profits and better benefits.

If most of the bitcoin hoarders will use bitcoin to spend their Christmas expenses then we can't expect a price increase by end of the year like what happen llast year.

But Im sure expect a price increase prior to Christmas season.

We should be positive on that, the price will increase and we will have a merry Christmas. There is no stopping on bitcoin now and we have risen from big crisis in the past and we have proven how strong bitcoin is, so we should also put our big trust for its future.

Being positive is not enough as we aren't the big hoarders. But you know it's reasonable and have basis to believe that there will be price increase prior to the exact Christmas Day.

But expect a price decrease after it which won't last for many days or weeks. Just a speculation based on past performance.

v1ryspro

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Quote from: phreaky on October 07, 2016, 03:49:02 AM

Quote from: Kollor on March 06, 2016, 08:50:36 AM

I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..

I wonder why the people that spend bitcoin actually use bitcoin in the first place, why wouldn't you use it as an investment with all it's great opportunities for making money it's a great way to learn about money and make profit at the same time.

I am also interested in this. Why spend that money can bring. I buy Bitcoin to make money on it

Quarknet

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Quote from: phreaky on October 07, 2016, 03:49:02 AM

Quote from: Kollor on March 06, 2016, 08:50:36 AM

I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..

I wonder why the people that spend bitcoin actually use bitcoin in the first place, why wouldn't you use it as an investment with all it's great opportunities for making money it's a great way to learn about money and make profit at the same time.

Using the bitcoin to buy things will encourgage the store operators accept the bitcoin, that will increase the value.

phreaky

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Quote from: Kollor on March 06, 2016, 08:50:36 AM

I am spending it, but I don't really rely on it to buy things that I need.. if I could buy things with fiat and from my salary, then I don't move my coins, but there are things that I need to buy such as mobile load, that way I am spending my bitcoin as it is easier and convenient, no need to go out..

I wonder why the people that spend bitcoin actually use bitcoin in the first place, why wouldn't you use it as an investment with all it's great opportunities for making money it's a great way to learn about money and make profit at the same time.

sobsitesearch

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Quote from: martinacar on October 07, 2016, 03:06:16 AM

I am not actively spending my bitcoin cause my bitcoin is what is my investment and I don't want to actively be spending from my investment fund.
I do spend bitcoin a very few times but basicly only when I buy something but it's cheaper with bitcoin for example.

Not bad to spend bitcoin instead it will helps to increase the life and value of bitcoin because if the cycle of bitcoin is continuous flowing the demand of the users continue also to increase.

martinacar

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I am not actively spending my bitcoin cause my bitcoin is what is my investment and I don't want to actively be spending from my investment fund.
I do spend bitcoin a very few times but basicly only when I buy something but it's cheaper with bitcoin for example.

madwica

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Yes, sometimes i have good amount of bitcoin in my wallet i always spend it by exchanging into fiat and buy what i need, I do not have investment that is why i do not have care how much is the value of bitcoin in the time of my spending.

Labumi

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Quote from: simpler2016 on October 07, 2016, 01:05:16 AM

I use Bitcoin almost as much as a dollar. This is a common payment system. It is a pity that it is not always possible to pay for goods and services

You don't have to worry about friends, because this is the period where the bitcoin is experiencing growth, so we have to be patient to get all the desires that we think. I am convinced that offing bitcoin will experience greater revolution and profitable for us.

thisappointed

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Just sometimes when I buy something that is really interesting and I need because I'm saving my bitcoins for something that is really important and I really want to buy since then. I'm doing all the ways to earn bitcoins like looking for some services in the Services Thread like posting some links in the social medias that in return they will pay me BTC something like that since I can't join a signature campaign right now because I'm still a newbie here.

simpler2016

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I use Bitcoin almost as much as a dollar. This is a common payment system. It is a pity that it is not always possible to pay for goods and services

Positid

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BULL RUN until 2030

Quote from: agustina2 on October 07, 2016, 12:32:06 AM

Quote from: peta4e on October 06, 2016, 07:53:50 PM

There is a full possibility that price will go higher at the end of the year and that is the reason I am not spending my coins because I am looking for higher profits and better benefits.

If most of the bitcoin hoarders will use bitcoin to spend their Christmas expenses then we can't expect a price increase by end of the year like what happen llast year.

But Im sure expect a price increase prior to Christmas season.

We should be positive on that, the price will increase and we will have a merry Christmas. There is no stopping on bitcoin now and we have risen from big crisis in the past and we have proven how strong bitcoin is, so we should also put our big trust for its future.

agustina2

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Activity: 2436

Merit: 1008

Quote from: peta4e on October 06, 2016, 07:53:50 PM

There is a full possibility that price will go higher at the end of the year and that is the reason I am not spending my coins because I am looking for higher profits and better benefits.

If most of the bitcoin hoarders will use bitcoin to spend their Christmas expenses then we can't expect a price increase by end of the year like what happen llast year.

But Im sure expect a price increase prior to Christmas season.

Topic: Do you actively spend your bitcoins? - page 9. (Read 257616 times)