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Topic: Do you actively spend your bitcoins? - page 91. (Read 257603 times)

newbie
Activity: 13
Merit: 0
June 10, 2016, 11:12:05 AM
I have spent on ordering online food and on sports bets. I hope to be able to pay at all restaurants soon because I like to eat out. In the meantime I convert my fiat to bitcoin and hold.
sr. member
Activity: 476
Merit: 250
June 10, 2016, 11:05:04 AM
I do not spend them actively these days because of the upcoming event from the halving, it will be great and profitable and spending now is because of this not good.
full member
Activity: 121
Merit: 100
June 10, 2016, 10:10:11 AM
No im not, i only spend  my bit coin in topup my mobile the all my bitcoin are stack at my wallet its waiting the right time to sell. I will spend bitcoin if the price will be stable.
member
Activity: 84
Merit: 10
June 10, 2016, 12:08:31 AM
Unfortunately there aren't many places for me to spend by bitcoins as well so I usually give my coins out to others in loans or put them into moneypot.
legendary
Activity: 2436
Merit: 1008
June 09, 2016, 11:52:45 PM
i always try to actively spend my bitcoins but i also always hit a brick wall when i want to spend it because there are few places that accept bitcoin and many of these places aren't even selling things that i want so i am stuck with fiat for now.

Good for you then since you are not wasting those supposed profit that your bitcoin can give due to an active price fluctuations.

A $1 worth of value in bitcoin is not the same $1 worth in the future.
hero member
Activity: 770
Merit: 500
Bazinga!
June 09, 2016, 11:14:52 PM
i always try to actively spend my bitcoins but i also always hit a brick wall when i want to spend it because there are few places that accept bitcoin and many of these places aren't even selling things that i want so i am stuck with fiat for now.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 09, 2016, 11:04:36 PM
I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.
it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years
As much as I wanted not to spend I really do not have a choice. It is a good thing that I have discovered bitcoin it helps me a lot including my expenses when it comes to work. I actually used them to buy food and pay some fare for me to get to work it was very useful and a big help for me. But if ever I don't have this kind of demand I would definitely save them and then after investment to earn money and so on this will allow me to financially be free and can have a better life in the future. All I have to do is be patient and do the very best that I can.
That is so touching man, I almost cried with your story, but seriously that is just find because in investing you need to invest only what you can afford to lose and as a human we need to prioritize our needs and provide the needs of our family if we have a family already. In the future you can invest for sure without thinking of spending it for your basic needs.
full member
Activity: 210
Merit: 100
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June 09, 2016, 11:12:32 AM
I dont want to spent my bitcoins because there are allot of people who do and i dont feel that i need to do it. If others spent them i dont need to just waiting for a increasing moment and dont know if im going to sell them on that point maybe in about 20 years.
it was nice to not spend your bitcoin for something that is not important. but I prefer to spend it in a way to exchange it for fiat and save money in the bank. when the high price I would take the opportunity to sell, but if the price is low I will continue to hold for the next few years
As much as I wanted not to spend I really do not have a choice. It is a good thing that I have discovered bitcoin it helps me a lot including my expenses when it comes to work. I actually used them to buy food and pay some fare for me to get to work it was very useful and a big help for me. But if ever I don't have this kind of demand I would definitely save them and then after investment to earn money and so on this will allow me to financially be free and can have a better life in the future. All I have to do is be patient and do the very best that I can.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 09, 2016, 10:43:18 AM

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.

yes i spend my bitcoins actively, and i spend them pretty often, of course except now when i hold them for halving, but usually i spend like 1 bitcoin each month for many things

because if we wouldn't use bitcoins, there would be no use from them, but now when many stores accepts bitcoins, almost every online store accepts them, i think it's really good to spend them
full member
Activity: 139
Merit: 100
June 09, 2016, 10:38:51 AM
Still accumulating more bitcoins... h
sr. member
Activity: 280
Merit: 250
June 09, 2016, 10:17:22 AM
Used to spend 1 year ago. Now accumulate some.
I actually never spend any Bitcoins because in my opinion it is a waist to spend them on food and other stuff. Bitcoins can be worth allot of money in the future so I like to save them.
Good idea, as long as you are not in the crisis you should not touch you bitcoins and let them grow in the future. We just have to trust bitcoins and we are already earning from it, the fact that is has a lot of adopters as time pass by the future is bright for the bitcoins so we need to ride with it.

This is really not safe, it is same like gambling, bitcoin price is unpredictable and we don't even know what will happen next year with bitcoin. Planing to hold bitcoin till halving is right decision. but hold bitcoin for so many year is not a smart move.. I prefer to use bitcoin instead of holding them and take risk with this.   
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 09, 2016, 10:11:48 AM
Used to spend 1 year ago. Now accumulate some.
I actually never spend any Bitcoins because in my opinion it is a waist to spend them on food and other stuff. Bitcoins can be worth allot of money in the future so I like to save them.
Good idea, as long as you are not in the crisis you should not touch you bitcoins and let them grow in the future. We just have to trust bitcoins and we are already earning from it, the fact that is has a lot of adopters as time pass by the future is bright for the bitcoins so we need to ride with it.
sr. member
Activity: 420
Merit: 250
June 09, 2016, 10:01:41 AM
Used to spend 1 year ago. Now accumulate some.
I actually never spend any Bitcoins because in my opinion it is a waist to spend them on food and other stuff. Bitcoins can be worth allot of money in the future so I like to save them.
newbie
Activity: 37
Merit: 0
June 09, 2016, 08:42:10 AM
For now this is the time to spend it right now because block halving is nearly done and i think its better to increase more bitcoin so that you can make more profit.. once block halving is done and the price will increase to times 2..
Some people said that this is not the right time to spend your bitcoins on expensive things, instead you should invest it in bitcoins. Keep your coins in your wallet and wait for the price to slowly drop down after the halving then sell it. By doing it, you can make a good profit, so if you have an extra amount that you can afford to lose better invest it and wait for the halving.

If the halving is really an upside for bitcoin. Who knows right?  Tongue I do the same everyday I dont just let my coin rot in my wallet. Spending it whenever I need it.

For me, I'm just holding my coin and even I really want to spend it for something I want, but I'm controlling myself. Hoping for a better price hike
is going to happen. But it doesn't matter on how much price increase is going to happen. Once the price will make me satisfy then I will just going to spend my coins actively.

You can spend your coin when the price is high. When the price is lower, you can buy the coins back.
hero member
Activity: 840
Merit: 501
Strength in Numbers
June 09, 2016, 05:06:29 AM
For now this is the time to spend it right now because block halving is nearly done and i think its better to increase more bitcoin so that you can make more profit.. once block halving is done and the price will increase to times 2..
Some people said that this is not the right time to spend your bitcoins on expensive things, instead you should invest it in bitcoins. Keep your coins in your wallet and wait for the price to slowly drop down after the halving then sell it. By doing it, you can make a good profit, so if you have an extra amount that you can afford to lose better invest it and wait for the halving.

If the halving is really an upside for bitcoin. Who knows right?  Tongue I do the same everyday I dont just let my coin rot in my wallet. Spending it whenever I need it.

For me, I'm just holding my coin and even I really want to spend it for something I want, but I'm controlling myself. Hoping for a better price hike
is going to happen. But it doesn't matter on how much price increase is going to happen. Once the price will make me satisfy then I will just going to spend my coins actively.
legendary
Activity: 2940
Merit: 1083
June 09, 2016, 04:42:46 AM
For now this is the time to spend it right now because block halving is nearly done and i think its better to increase more bitcoin so that you can make more profit.. once block halving is done and the price will increase to times 2..
Some people said that this is not the right time to spend your bitcoins on expensive things, instead you should invest it in bitcoins. Keep your coins in your wallet and wait for the price to slowly drop down after the halving then sell it. By doing it, you can make a good profit, so if you have an extra amount that you can afford to lose better invest it and wait for the halving.

If the halving is really an upside for bitcoin. Who knows right?  Tongue I do the same everyday I dont just let my coin rot in my wallet. Spending it whenever I need it.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 09, 2016, 01:58:48 AM
just bought ~$75.00 worth of groceries. on bitcoin debit card

Me either, I'm spending my bitcoins by means of this kind of goods. But I'm not paying bitcoins literally directly to the supermarket.
I'm just exchanging it first into fiat and then the fiat money I'm using for the payment of the groceries / goods that I'm buying.
hero member
Activity: 714
Merit: 500
June 09, 2016, 01:33:20 AM
I'm not really what you'd call an active bitcoin spender. With the little that I own now, it wouldn't be wise to use it to buy stuff online. I am still in the accumulating stage, although the last time I bought, the price was still around $440. I am not sure when it is going to go below $500 again. When the time comes that I have enough bitcoins, maybe 5 bitcoins, I'd allot a portion of that for online purchases and for utility bills.
legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
June 09, 2016, 01:26:47 AM
just bought ~$75.00 worth of groceries. on bitcoin debit card
legendary
Activity: 2436
Merit: 1008
June 09, 2016, 12:57:23 AM
I also spend them sometimes because of the fact that these days there are some nice offers on the digital good section.

Well if you really can see the good offers of course it is very tempting to spend actively with your bitcoins.
But if you can control the tempt and you will just hold it until the halving comes, for sure you can get profit from it.
And after getting profit from it, it's the time to spend actively.

Another holding until halving statement, just to give you some nice information if you will hold until halving only that will be on the day of Halvign ETA. The full effect of it can be seen in the following years even up to the next halving. So no definite time when you will sold your coins.
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