Spending Bitcoins - page 87. | Bitcointalksearch.org

richardsNY

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Quote from: gerXhonza on July 18, 2016, 03:39:38 PM

Quote from: richardsNY on July 18, 2016, 03:26:36 PM

Quote from: torrentheaven on July 18, 2016, 12:15:35 PM

Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet.

halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months.

What effect of the halving are you talking about? Block rewards went down with 50% and the price nearly doubled in value. Realistically, what more can you expect? Nothing according to me. At least not regarding the block halving that has taken place. Every bit of market action that we will see will not be related to the block halving. It's just the market continuing with what it was doing before all the hype and speculation about the halving came to life.

gerXhonza

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Quote from: richardsNY on July 18, 2016, 03:26:36 PM

Quote from: torrentheaven on July 18, 2016, 12:15:35 PM

Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet.

halving has already done and now we need to wait of the effect of halving which we will be experiencing very soon, so its better to hold our coins to sell at higher profits in coming months.

richardsNY

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Quote from: torrentheaven on July 18, 2016, 12:15:35 PM

Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Maybe he is talking about a potential pump that might come soon because of the block halving happened. Other than that I can't see why some one still not knowing that the block halving has not taken place yet.

mark coins

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Quote from: crairezx20 on July 18, 2016, 01:18:51 PM

Quote from: torrentheaven on July 18, 2016, 12:15:35 PM

Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Maybe he is from the past or he still sleeping and dreaming..
Halving is already been done and you need to wait again 2020 for halving..

Yeah halving is already done and looking at current price I think we can afford to spend some coins as price is not too low, either spend if directly if possible or sell it and convert it to fiat.

mrhelpful

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Quote from: iv4n on July 18, 2016, 12:34:03 PM

Well currency is good as long we can use it for different things that we need. Coins need to circulate at the moment, how else to make market to grow? We need to use our coins, normally not all, but some part for sure.
How people imagine bitcoin to grow, shops and site's to accept bitcoins if everyone keep coins in their wallets?
Maybe exactly cause of this keeping we will see some other alt coin to rise in near future.

Coins dont need to circulate lol.

The value rises on its own - based on the different things that happen around the world - then thats when people will circulate.

This also includes based on circulation of being buy/sell on exchanges.

But if youre talking about day to day means of spending - then yeah its not needed.

crairezx20

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Quote from: torrentheaven on July 18, 2016, 12:15:35 PM

Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Maybe he is from the past or he still sleeping and dreaming..
Halving is already been done and you need to wait again 2020 for halving..

iv4n

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Well currency is good as long we can use it for different things that we need. Coins need to circulate at the moment, how else to make market to grow? We need to use our coins, normally not all, but some part for sure.
How people imagine bitcoin to grow, shops and site's to accept bitcoins if everyone keep coins in their wallets?
Maybe exactly cause of this keeping we will see some other alt coin to rise in near future.

serjent05

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Quote from: Dudeperfect on July 16, 2016, 04:34:18 AM

Yes, I agree with you that we must inculcate the habit of spending if we are really well wishers of bitcoin. I recently tried to chalk out the areas of expenditure where I can spend or use bitcoins in order to set off. I figured out that I can only top up my mobile phone using bitcoin as there are no other merchants or sellers accepting bitcoin in my area of residence. I have to convert it in fiat currency and then only I am able to spend it, but that’s not the real way we want it to be actually used. I am sure we will soon have option to spend in bitcoins without converting it in fiat.

Sadly this is true in most cases where only a few option for Bitcoin to be spend in one country. I also want to spend my Bitcoin directly to buy something that does not include converting it to fiat then buy the item i needed. Hopefully there will be more merchant that accept BTC in my country soon.

socks435

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Quote from: Sanguintan on July 18, 2016, 12:12:00 PM

It is better to spend a small proportion of your bitcoin. That will help the circulation of the bitcoin and increase its value.

Yeah but look for a good and with sense just spend those bitcoin for your making a website that you can advertise there and earn few bitcoins and usd from it. bitcoin is a good start for your business..

torrentheaven

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Quote from: bitlancr on July 18, 2016, 03:01:03 AM

I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Halving is coming soon??? Grin

Halving is already done mate I hope you are alive and in your best sense, I hope you are not talking about 2020 halving lolz..

Sanguintan

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It is better to spend a small proportion of your bitcoin. That will help the circulation of the bitcoin and increase its value.

bitlancr

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I do not think that at the moment it is the best idea to be spending your Bitcoin at the moment because the halving is coming soon.
It will be better for you if you try and wait for after the halving then you can sell.

Zulucia

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I earn some bitcoin by mining and buy purchasing it with fiat. I save most of them and spend some of them.

freedomgo

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Quote from: OrangeII on July 16, 2016, 08:45:47 AM

Quote from: Sanguintan on July 16, 2016, 02:19:06 AM

Quote from: betohell on July 16, 2016, 02:08:37 AM

Quote from: expert4knowledge on July 14, 2016, 05:17:30 PM

Quote from: Legasean on July 07, 2016, 02:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

I am reviewing some of comments now and I see that expectations were not that correct about events after halving.

I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it

I will use the bitcoin whenever the bitcoin price is high and the shops accept the bitcoin, that will help circulation.

if the price rises to a high bitcoin, I prefer to spend my bticoin which has particularly by selling it. so I can be more flexible to use than having to look for online stores that accept bitcoin. I think would be very beneficial if you spend a bitcoin do you have a way to sell it when the price rises bitcoin. so you can still buy bitcoin in the same amount when it drops.

Spending it all is not a good idea, we should just spend a little amount to reward our self our from the profit of the high price but if you are a wise investors you will not divest all your investment as bitcoins has still potential to rise even more.

OrangeII

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Quote from: Sanguintan on July 16, 2016, 02:19:06 AM

Quote from: betohell on July 16, 2016, 02:08:37 AM

Quote from: expert4knowledge on July 14, 2016, 05:17:30 PM

Quote from: Legasean on July 07, 2016, 02:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

I am reviewing some of comments now and I see that expectations were not that correct about events after halving.

I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it

I will use the bitcoin whenever the bitcoin price is high and the shops accept the bitcoin, that will help circulation.

if the price rises to a high bitcoin, I prefer to spend my bticoin which has particularly by selling it. so I can be more flexible to use than having to look for online stores that accept bitcoin. I think would be very beneficial if you spend a bitcoin do you have a way to sell it when the price rises bitcoin. so you can still buy bitcoin in the same amount when it drops.

Dudeperfect

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Activity: 1190

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Yes, I agree with you that we must inculcate the habit of spending if we are really well wishers of bitcoin. I recently tried to chalk out the areas of expenditure where I can spend or use bitcoins in order to set off. I figured out that I can only top up my mobile phone using bitcoin as there are no other merchants or sellers accepting bitcoin in my area of residence. I have to convert it in fiat currency and then only I am able to spend it, but that’s not the real way we want it to be actually used. I am sure we will soon have option to spend in bitcoins without converting it in fiat.

bitkilo

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Quote from: arwin100 on July 16, 2016, 01:38:02 AM

Quote from: bitkilo on July 15, 2016, 08:06:34 PM

Quote from: angaper on July 15, 2016, 07:39:42 PM

In my personal case I don't think it is a good idea to spend my bitcoins because I still have a little worth of bitcoin and I need to get a bit more since my personal plan involves to accumulate a sufficient amount before thinking of spending it. Besides, in my country there are few businesses accepting bitcoin and I would prefer to be more patient instead of starting to use my bitcoins to cover my daily expenses.

This is a small part of what is holding bitcoin adoption back i think.
If nobody wants to yet spend it and just hold then why would businesses start accepting it, why would they go to all the trouble of setting up and learning bitcoin if nobody is going to use it to buy goods in there stores.

If the business had employees that were interested in receiving a portion of their wage in btc so they could hold some as an investment then that would give the business owners a reason to accept it too but problem is not a lot of people still really know what bitcoin is.

Holding is not a bad thing and probably a good idea for another year or two while the bitcoin ecosystem adjusts to the recent halving and maybe even the devs can come to some sort of a solution to the public fighting going on because that not good for the image either.

I think Hodling is the best only for the big whales and if you hold low amount only for long time well thats very bad idea since there so many good thing will happen to it if you spend it on investment or anything that you can benifit the most, and in my case really buddies im spending my bitcoins on weekly basis since, I cash out it to buy physical goods and fabs that i want and i dont really care if i dont have any bitcoin savings, aslong i spendid my very hard earned btc for good and for rewarding my self in the end of the week well im really satisfied and that really what im intended to do why im indulging in bitcoins.

How do you earn your bitcoins? Because if you are buying bitcoins just to cash out and spend you are kind of mussing the whole ooint of bitcoin.

arwin100

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it depends on people on what he will do to his bitcoins if he really want to spend it well its ok since it maybe a way for them to buy their self foods and even the things they want, and i dont really see any bad thing on hodling because if many people would hold it can raise the demand and if the demand will many the price well up and thats good for us bitcoin users because by this state we can actually earn big profits if price will soar high.

Quote from: freedomgo on July 16, 2016, 02:04:03 AM

Quote from: Kotone on July 15, 2016, 09:42:55 PM

We need to spend bitcoins because that's the only way to maintain it inside the society. We need to continue buying and selling Bitcoins to make bitcoins move. We also need to mine to get more BTC. If you want to earn more bitcoins, spend more bitcoins. Invest it, convert it, buy other cryptocurrencies. Because that's the best way to earn Bitcoin. SO, the more you spend, the higher the earnings.

Holding you bitcoins is bad for the economy as it will lessen the circulation of the coins, we also need to spend our bitcoins in the internet like playing in gambling sites and buying stuffs online as we can also help the miners to stay profitable.

Im bit dissagreing about your thoughs there mate because holding can have postive effect on bitcoin price because it can stretch the price to go up and look on what happen on halving times, people holds and price really pumps and if people spend the price well down and thats the reason really i dont see any bad things in holding.

Sanguintan

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Quote from: betohell on July 16, 2016, 02:08:37 AM

Quote from: expert4knowledge on July 14, 2016, 05:17:30 PM

Quote from: Legasean on July 07, 2016, 02:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

I am reviewing some of comments now and I see that expectations were not that correct about events after halving.

I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it

I will use the bitcoin whenever the bitcoin price is high and the shops accept the bitcoin, that will help circulation.

betohell

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Quote from: expert4knowledge on July 14, 2016, 05:17:30 PM

Quote from: Legasean on July 07, 2016, 02:39:49 PM

Spending bitcoins is not good at all right now because you will lose profit on the halving that is coming this month.
You only need a bit more time and patient and believe in the halving right now, do not spend people.

I am reviewing some of comments now and I see that expectations were not that correct about events after halving.

I think the arrival of halving or not. it will not dampen my desire to do the shopping. personal shopping will not be any harm. with a record you have to control it

Topic: Spending Bitcoins - page 87. (Read 101106 times)