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Topic: Spending Bitcoins - page 76. (Read 101106 times)

hero member
Activity: 1106
Merit: 521
November 08, 2016, 10:46:06 AM
i just placed a bet in bitcoin on the US election, thats a first for me,  lets get the ball rolling  Shocked
newbie
Activity: 28
Merit: 0
November 08, 2016, 10:43:03 AM
Oh, no, no, no. I do not spend Bitcoins. After the price began to grow, I forbade myself to do it. My Bitcoin will now lie down and wait for higher prices. Then I spend. May be
legendary
Activity: 1008
Merit: 1060
November 08, 2016, 08:47:03 AM
For me now Bitcoin - an investment project. I do not spend your Bitcoins to buy those things that can be bought for dollars. I do not see the point
So basically you'll never spend your bitcoin because I think almost every single thing can be bought using dollars/fiat.

The point of using bitcoin instead of dollar is for example, you want to transact with other people from another country. Then using bitcoins would be easier and faster. Another point is that you can spend your bitcoin when the price is high so you can save some coins. I know that saving as much bitcoins as we can is a good thing but there are also instances wherein spending your bitcoins would be much better to do than just using dollars.
sr. member
Activity: 406
Merit: 250
November 08, 2016, 07:15:47 AM
Spending bitcoin is depending on the users we are all have freedom where we put our bitcoin, for me it is good to spend bitcoin to help the rotation of demand of bitcoin will increase.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 08, 2016, 07:06:52 AM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.

There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit.

There is no other way around it. If you have an emergency and your only source of money is bitcoin, then there is no other choice but to dump bitcoin and have some fiat to cover your emergency. I think I will not regret it even if I miss the price hike if I spent the money wisely.
For sure you cannot call it dump because we will not feel it if you are just holding it unless you are one of the whales. We will really spend in times of emergency as we do not have any choice, we have to solve the problem as soon as possible.
hero member
Activity: 1148
Merit: 504
November 08, 2016, 05:22:46 AM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.

There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit.

There is no other way around it. If you have an emergency and your only source of money is bitcoin, then there is no other choice but to dump bitcoin and have some fiat to cover your emergency. I think I will not regret it even if I miss the price hike if I spent the money wisely.
hero member
Activity: 924
Merit: 1001
November 08, 2016, 05:17:25 AM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.

There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit.
That is also my intention for my Bitcoin. And that is to hold ot until I need to use it for emergency or when the price of bitcoin is high for me to take profit, luckily my fiat money is enough that I don't spend anything in my Bitcoin wallet. I hope that Bitcoin can hover back to 1000$ soon so that I can convert it to fiat. And also I am not into spending my bitcoin as I only have a few options on where to spend it.
I think we are just all the same here. i just saving bitcoin for a long time and waiting for more price increase but we can not change that we are living and we need some emergency money just like me that when my child was bring to the hospital instead of i have bitcoins right now because of this problem i sell them and now i regret for the price increase because i sold my bitcoin but i think this is not too late to save bitcoins again and i am expecting for more price increase..
sr. member
Activity: 293
Merit: 250
November 08, 2016, 05:07:43 AM
For me now Bitcoin - an investment project. I do not spend your Bitcoins to buy those things that can be bought for dollars. I do not see the point
hero member
Activity: 1806
Merit: 672
November 07, 2016, 08:12:03 PM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.

There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit.
That is also my intention for my Bitcoin. And that is to hold ot until I need to use it for emergency or when the price of bitcoin is high for me to take profit, luckily my fiat money is enough that I don't spend anything in my Bitcoin wallet. I hope that Bitcoin can hover back to 1000$ soon so that I can convert it to fiat. And also I am not into spending my bitcoin as I only have a few options on where to spend it.
hero member
Activity: 756
Merit: 501
November 07, 2016, 07:41:03 PM
I had been forced to exchange my bitcoin recently, besides that i do have a project that i hope to be made at 2017 and i do use my bitcoins to pay for the host, and anything related to it, besides being able to pay the developer with bitcoin.
legendary
Activity: 1176
Merit: 1024
November 07, 2016, 03:24:01 PM
Sometimes I spend my Bitcoins. Basically, I use them to purchase goods on the Internet
Not only on the internet, nowadays you can virtually do any kind of transactions with bicoin like purchasing both virtual and physical goods and services through amazon using services like purse.io or you can use bitcoin debit card to make purchases anywhere in the world. When spending bitcoins become even more fluent, we can expect more new people to adopt bitcoins.
full member
Activity: 224
Merit: 100
November 06, 2016, 06:34:02 PM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 06, 2016, 11:06:26 AM
I do spend my bitcoin mostly in digital goods, since I have yet to see a store accepting bitcoins in my country if I saw one I will probably buy something with bitcoin just to help them out.
legendary
Activity: 3248
Merit: 1402
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November 06, 2016, 11:02:17 AM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

In my country there are some ways to buy and to sell btc but you will lose a lot on such operations. No official Bank or shop accepts Bitcoin, so you can't actually do anything with them. Bitcoin is not illegal, it is just not in the law. I think my country's government is not aware there is such a thing.
newbie
Activity: 20
Merit: 0
November 06, 2016, 10:39:06 AM
spent bitcoin today looks very detrimental. it is because the current bitcoin prices will rise, and it proved with bitcoin rising from $ 600 to $ 700. it is likely that the higher price will go up another. so I guess this time I will keep my bitcoin in my wallet, and when the price becomes $ 1,000, maybe I'll spend it  Grin

That is what I am thinking because if we observed the bitcoin price now, it continues to gain its price. So, if we should observed for now since the price is not stable yet. Base on some forecasts it will still continue to raise until next year,so for me I will hold for a moment while monitoring.

Yeah that's from what I've heard.. same thing as what I'm doing mate. Hopefully the forecast is true but if not I'll just have to wait more to hold my bitcoins until the price will go up again.

It is right. We can not invest all your money. It is necessary to leave the emergency needs. Investing - is always a risk, and this should always remember
hero member
Activity: 644
Merit: 500
November 06, 2016, 10:23:37 AM
spent bitcoin today looks very detrimental. it is because the current bitcoin prices will rise, and it proved with bitcoin rising from $ 600 to $ 700. it is likely that the higher price will go up another. so I guess this time I will keep my bitcoin in my wallet, and when the price becomes $ 1,000, maybe I'll spend it  Grin

That is what I am thinking because if we observed the bitcoin price now, it continues to gain its price. So, if we should observed for now since the price is not stable yet. Base on some forecasts it will still continue to raise until next year,so for me I will hold for a moment while monitoring.

Yeah that's from what I've heard.. same thing as what I'm doing mate. Hopefully the forecast is true but if not I'll just have to wait more to hold my bitcoins until the price will go up again.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 06, 2016, 08:52:37 AM
spent bitcoin today looks very detrimental. it is because the current bitcoin prices will rise, and it proved with bitcoin rising from $ 600 to $ 700. it is likely that the higher price will go up another. so I guess this time I will keep my bitcoin in my wallet, and when the price becomes $ 1,000, maybe I'll spend it  Grin

That is what I am thinking because if we observed the bitcoin price now, it continues to gain its price. So, if we should observed for now since the price is not stable yet. Base on some forecasts it will still continue to raise until next year,so for me I will hold for a moment while monitoring.
hero member
Activity: 1204
Merit: 500
November 06, 2016, 06:55:57 AM
spent bitcoin today looks very detrimental. it is because the current bitcoin prices will rise, and it proved with bitcoin rising from $ 600 to $ 700. it is likely that the higher price will go up another. so I guess this time I will keep my bitcoin in my wallet, and when the price becomes $ 1,000, maybe I'll spend it  Grin
sr. member
Activity: 882
Merit: 297
November 06, 2016, 06:11:56 AM
for in my country bitcoin is growing very rapidly. in large urban areas bitcoin already exists in the form atm. although only in major cities in the country and selling bitcoin I can do in any area. and also not difficult to sell bitcoin Roll Eyes

I wish that was possible for here too, because in here you cannot spend your bitcoins outside at all nor you can find any sign of bitcoins even in big cities, so the only option we have here is to convert them to fiat and then spend them where we want.

Same here also their are users who are ready to buy bitcoin for fiat currency but their are no shops where we can purchase products in bitcoins, So we have to go for fiat conversion to use bitcoin. But i know that very soon we will get shops where we can purchase products with bitcoins.
hero member
Activity: 756
Merit: 500
November 06, 2016, 06:07:32 AM
for in my country bitcoin is growing very rapidly. in large urban areas bitcoin already exists in the form atm. although only in major cities in the country and selling bitcoin I can do in any area. and also not difficult to sell bitcoin Roll Eyes

I wish that was possible for here too, because in here you cannot spend your bitcoins outside at all nor you can find any sign of bitcoins even in big cities, so the only option we have here is to convert them to fiat and then spend them where we want.
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