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. 
Topic: Spending Bitcoins - page 88. (Read 101079 times)
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.
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.
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.
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.
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.You only need a bit more time and patient and believe in the halving right now, do not spend people.
Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect.
The drop happened before the halving. So it is actually healthier for the bitcoin price. It will rise again.
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.You only need a bit more time and patient and believe in the halving right now, do not spend people.
Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect.
Exactly. Whatever they say it is just a prediction. If ever they want to force it then they should show some proof. I thought it was going up too but as I realized I think it happened before the halving. Advanced price increase? What do you think?
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.You only need a bit more time and patient and believe in the halving right now, do not spend people.
Everyone was expecting price drop after the halving, but it didn't happen and also everyone was hoping to see the price of $800 but it didn't happen too so majority of speculations were incorrect.
Im pretty sure people were expecting a bigger value of bitcoin since before the moment it had reached the 700 dollars if im not wrong i remember to look somewhere the value, but give time to time we will see it readjusting up or down till end the year. I would like to be able to save my bitcoins, but im impulsive always when i see an opportunity to proof i make the investment.
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. You only need a bit more time and patient and believe in the halving right now, do not spend people.
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... I suggest that you hold on to your Bitcoin at the moment until the halving is over.
Yeah even I am spending my coins whenever I need money, as only saving and not using them will not serve the purpose, I sell it when its an emergency and I really don't care what price it holds at that particular stage.
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... I suggest that you hold on to your Bitcoin at the moment until the halving is over.
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... I suggest that you hold on to your Bitcoin at the moment until the halving is over.
Yes I think we should hold it for next couple of months to enjoy higher profits as it is expected that price will touch to $1k mark by the end of this year.
Well, I just spent bitcoin I have in inetrnet. in my place, not one store that accepts bitcoin, and I doubt if they know bitcoin or not. but I would probably build a business that will accept bitcoin as a means of transaction. I think it will motivate other people in my town are looking for bitcoin to be visited at my place. I think it would be cool.
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... I suggest that you hold on to your Bitcoin at the moment until the halving is over.
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I think BTC need some more time to be recognized as a Global currencies.., in this era people are using BTC for different stuff, now its good to use as recharge for mobile and fiat for emergency..., after a time this use of Bitcoin make the BTC a global currencies.. So we should increase our spending through BTC for us to be more benefited in future... 
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
I can not spend Bitcoin because in my country there is to do nothing!
Bitcoin question now stands at osudarstvennom level. The authorities want to control it, because they are afraid. None of the infrastructure to develop and use Bitcoin. No terminals.
You dont need to spend your bitcoin into real life, as you are here you can spend them virtual, i am spending most of my coins online with some investments and projects on the way to start. Bitcoin question now stands at osudarstvennom level. The authorities want to control it, because they are afraid. None of the infrastructure to develop and use Bitcoin. No terminals.
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy. Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.
But we may really see some rise of demand,the same rise of volume because more and more people will use btc.
You will see stores around your place of living accepting btc payments,you just need to wait some time.
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.
In my country it is not that known so you cannot use them to pay at the stores where I am from which is a let down because it would be handy. Now it does help me to save them because they are worth allot of money so it is somewhat a waist to spend them.
And one more good thing about it is you cant just spend it easily. It will be like a real piggy bank to you where you are putting more money everyday and not even using it because there is nowhere to use it.
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