Everybody has a role to play in the bitcoin ecosystem
- the hoarders
- the investors
- the gamblers
- the spenders
Nothing wrong in some people holding bitcoins and not spending them.
Topic: Storing of Bitcoins is against Bitcoin. - page 35. (Read 41861 times)
Spending it when there is something worth spending it on, otherwise it would be just throwing away your money, I think it's better to use bitcoin than just holding it even if holding it is a pretty decent investment.
Why should you say that? Of course that for a heathy growth bitcoiners should trade their coins and not hold them. However and since everyone knows the true value of bitcoin, no one wants to sell all their coins.
Storing bitcoins is somewhat against the concept of bitcoin
Bitcoin is not debt based currency (thus much harder to get Bitcoin loan without adequate corrateral - now compare to fiat loans, unless your in debt already you can borrow small amounts (about 1 month wage) at many banks without any corrateral), you first have to accumulate enought Bitcoins in order to be able to buy something. I think it is just a matter of time when anyone spends his/her Bitcoin savings.
Storing bitcoins is somewhat against the concept of bitcoin as a currency but still saving money is not a bad thing, also it should not be spent on anything and should be spent on a good or item of decent value..
of course it is not a bad thing for all the people who are saving bitcoins though it is created to be used not to be stored in some kind of a deep cold storage that will be dumped after a significant price increase 
Storing bitcoins is somewhat against the concept of bitcoin as a currency but still saving money is not a bad thing, also it should not be spent on anything and should be spent on a good or item of decent value..
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
yeah,i'm agree with that,how can bitcoin more popular if some people keep hold their bitcoins in their wallet and not use it as payment,yes you are right,Storing of Bitcoins is against Bitcoin.No one will offer services for Bitcoin.
Spend Your Bitcoins.
Spending the bitcoins is a good thing to do IF there is an offer worth using them on, just spending them randomly is a waste of money...
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
You could always do both. Put some round amount in cold wallet and actively use the rest. Biggest problem is not many people have any sort Bitcoin earnings, that's currently the biggest obstacle in BTC adoption and it's use as currency.
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
yeah,i'm agree with that,how can bitcoin more popular if some people keep hold their bitcoins in their wallet and not use it as payment,yes you are right,Storing of Bitcoins is against Bitcoin. No one will offer services for Bitcoin.
Spend Your Bitcoins.
I don't spend them randomly and I won't spend them unless I find a decent reason to do so, If a store is offering discounted rates for these kind of BTC users then I would spend them but won't spend them just for the sake of spending.
A lot of people have hopes that Bitcoin will skyrocket at some point which is why they hold on to their coins, nothing wrong with that. Using bitcoin to pay for stuff will happen naturally as it evolves and spreads to the masses. Personally I use Bitcoin regularly to buy video games and other gadgets online. But I also save some 
I also hold most of my coins and use a small percentage of these. I just believe that the price will rise a lot in the future.
Do You buy with bitcoin for the better price or this is about troubles with a credit card?
There are not troubles with debit card I have, I just use Bitcoins to show support. And it is not more expensive because my average buy Bitcoin price is less than the price when I spend.
Also the 3% credit card processors take is priced out of every of their customers, so the less the people going to use credit/debit cards, the cheaper the products/services can be (-2%)
It can be an investment tool if you like to trade and hold for the long term.
It can be the origin of capital loss.
Could be for several reasons :
~ People yolo investing hoping for quick profits. These people mostly end up losing big time.
~ Bitcoin will eventually turn out to be replaced by something better, which is very unlikely. But if the chance is even 0.01% it still is a possibility.
Other than that, if you know what you do you have nothing to worry about.
It can be an investment tool if you like to trade and hold for the long term.
It can be the origin of capital loss.
A lot of people have hopes that Bitcoin will skyrocket at some point which is why they hold on to their coins, nothing wrong with that. Using bitcoin to pay for stuff will happen naturally as it evolves and spreads to the masses. Personally I use Bitcoin regularly to buy video games and other gadgets online. But I also save some
Bitcoin is everything you want it to be. It can be a currency if you are only interested in spending your coins. It can be an investment tool if you like to trade and hold for the long term. And it can be a store of value. There are lots of possibilities.
Personally I use Bitcoin regularly to buy video games and other gadgets online.
Do You buy with bitcoin for the better price or this is about troubles with a credit card?
A lot of people have hopes that Bitcoin will skyrocket at some point which is why they hold on to their coins, nothing wrong with that. Using bitcoin to pay for stuff will happen naturally as it evolves and spreads to the masses. Personally I use Bitcoin regularly to buy video games and other gadgets online. But I also save some
I cannot use it in my supermarkets.
Ask the owner, if they open for Bitcoin as Payment Option.
There are not many places I can spend my bitcoin. For example, I cannot use it in my supermarkets. So I store most of the coins.
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