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Topic: Do you USE your BTC? - page 3. (Read 31008 times)

sr. member
Activity: 546
Merit: 257
December 12, 2017, 10:44:47 AM
Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.

If a lot of people starts to save bitcoin and not use them, I guess it will be a great effect on the bitcoin price that may create a dump. People are so scared to use their bitcoins because they might regret it when the price pumps. I guess the game of "I will not be selling it because I know it will be pumping more soon" will not end unless a great dump happens.
newbie
Activity: 52
Merit: 0
December 12, 2017, 10:42:15 AM
Yes i used btc many time to purchase some online products like as game and i used for cash.
hero member
Activity: 1638
Merit: 505
December 12, 2017, 10:28:40 AM
Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.
I think I keep using it because they also can not keep quiet. chances are they will be turning their money back or may be using it for other needs
newbie
Activity: 27
Merit: 0
December 12, 2017, 10:27:10 AM
I michael not right here to calculate any price inflation or reduction, But i can oy put my sights right here, there is lots of potential to bitcoin development in the future as utilization of the same has been drastically elevated within our daily life and hoping the same would develop daily, I m predicting that the cost would achieve a wear out point and so the cost may become steady or improve much more n much more too, in both the methods its good to the marketplace manufacturers d market users as from long-term perspective marketplaces would becomes cash totally freenl
hero member
Activity: 782
Merit: 500
December 10, 2017, 01:41:02 PM
Most people are probably storing these and not using them. Else I wouldn't know why we would be seeing prices like we're seeing.
newbie
Activity: 88
Merit: 0
December 10, 2017, 01:38:55 PM
I used Bitcoin as form of investment, trading and before in gambling. Luckily, i realized the importance of storing of bitcoins as much as i can as it is tremendously increasing in price for the past years. Its stability and immutability makes it widely adoptable globally.
hero member
Activity: 602
Merit: 500
December 10, 2017, 01:30:51 PM
I used bitcoin just for trading and never hold them for long term but now i undertstand that I did big mistake, if u have btc hold them dont sell now.
member
Activity: 76
Merit: 10
December 10, 2017, 11:52:13 AM
saw the rise of bitcoin, better not to spend them, in a few years we will be happy to have kept
newbie
Activity: 52
Merit: 0
December 10, 2017, 11:49:18 AM
Yes i used my btc for shopping purpose in my nearest mobile shop and as well u know now many companies accepting bitcoin.
full member
Activity: 364
Merit: 105
December 10, 2017, 09:37:49 AM
i do use bitcoin depending on the occassion.mostly i do use some to invest in ICO's, and trade occasionally if i have a very positive signal.
Sometimes  I do use my bitcoins to purchase items online if the seller is willing to accept bitcoins in payment .
newbie
Activity: 32
Merit: 0
December 09, 2017, 12:39:38 PM
no it's basically my 401K and I have both, but my BTC fund is outdoing my 401K BIG TIME! Will probably cash out my 401K and put it into BTC.
sr. member
Activity: 539
Merit: 255
December 09, 2017, 12:34:52 PM
I think anyone here that used its bitcoin in the past regret it now. I don't think i'll use it before the price stabilize.

Currently, I am not doing anything with my coins. I keep them and thanks to that profits increase. It is unlikely that such a simple way can turn out to be so effective.
member
Activity: 140
Merit: 10
BookiePro.Fun - The World's Betting Exchange
December 09, 2017, 12:04:42 PM
As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

i only use it occasionally for bills or online shopping. i also want its price to increase, but not using it when the price is high is a shame. you don't know what might happen tomorrow.
hero member
Activity: 1078
Merit: 501
December 09, 2017, 11:58:31 AM
I invest BTC0.3 in bitcoin related gambling sites, now I have only some mbtc in my wallet.
Yes I use my bitcoin and it must be use because it’s a digital currency and I don’t think so that some will not use bitcoin because it’s here to use and I think bitcoin use is high than any other currency in my country bitcoin price is very high and when I convert bitcoin in my local currency so it's always give me extra money and that extra money always giving me help to buy things and for that I’m just changing a little amount of bitcoin.
full member
Activity: 322
Merit: 100
December 08, 2017, 08:29:56 AM
As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

I use my bitcoin when I have urgent and very important needs. But only part I use, the rest I keep on my wallet. Maybe I'll wait longer to sell everything.

I try to hold as long as I don't need cash very urgently and I'm trying not to spend more than %10 of what I have because it is growing very fast.
full member
Activity: 644
Merit: 120
December 08, 2017, 04:39:12 AM
It seems to me that because of the large commission and the long time of transfer of funds, the use of BTC in everyday life is not rational now. Therefore, I first deduce money for a card, and after that I use them for the purpose.
newbie
Activity: 9
Merit: 0
December 08, 2017, 04:38:05 AM
I have used my BTC in the past here and there for payments, but they always have been very small amounts, and in my country there is actually not many places that physically accept bitcoin. The lack of bitcoin acceptance in Amazon and other online merchant sites has also been a problem to me, but I will solve that in future with gift cards.

For me, lack of acceptance is definitely a big issue here.
full member
Activity: 196
Merit: 100
December 08, 2017, 04:32:58 AM
I just hold my bitcoin and buy a little when the opportunity is given. I try to postpone every month 10% of my salary.
investing at the moment is the best strategy with such volatility.
legendary
Activity: 3248
Merit: 1179
December 08, 2017, 04:12:07 AM
I use my bitcoins for gambling and trading, for that because I always wish to earn back what I spent on transaction fee, that stops me from using bitcoins for anything else. Fees are too high and when I need to send bitcoins I calculate fees and I always wish to make profit that will cover cost of my transactions, that is a real pain in the ass what is happening with fees and all started in beginning of this year, I don't plan to buy anything with bitcoins until fees go back where they were in 20 cents!
staff
Activity: 3206
Merit: 575
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December 08, 2017, 04:01:05 AM
Yes, I do use my bitcoins to purchase items online if the seller is willing to accept bitcoins in payment, but I will always ensure the seller is a trusted member on the bitcoin goods community before I send any bitcoins to his wallet, It will be better to use an escrow for items that are costly to safeguard yourself from scammers.
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