What you do with BITCOIN ? - page 13.

neurotypical

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Activity: 672

Merit: 503

Quote from: edric on September 06, 2015, 09:30:53 PM

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Where you spend?

Where you sell BTC ?

Where you buy BTC ?

I only sell BTC when I think it is overvalued or if I'm going to buy something on Amazon through Purse.

I sell BTC through an exchange.

I buy it through the same exchange I sell. I have accounts on multiple exchanges though for speculating and arbitrage.

I have started thinking about shorting Bitcoin when I feel its overvalued, the problem is knowing when it's really overvalued... in November 13, I thought 500 "was it". "This can't hold for longer, it's going to crash". And it went to 1.2K. This November with the 500 rally I thought, well, why should I think it's overvalued? It could perfectly continue going up. Therefore there is no way to know if it's overvalued. What I know is its insanely undervalued long term thats why I just buy and hold.

PAKYU

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Activity: 400

Merit: 250

Quote from: ad2042 on November 18, 2015, 10:45:44 AM

I dont do anything with my bitcoin but i have just frozen all my btc for long term.

Where you get frozen your btc? And how much? You need to spend your coin sometimes.

Blawpaw

legendary

Activity: 1596

Merit: 1027

I currently work in exchange for bitcoin. So I need to spend it since it is my payroll that we are talking about. Between spending, selling and using bitcoin to invest I also try to save some for a future increase in price!

ad2042

newbie

Activity: 30

Merit: 0

I dont do anything with my bitcoin but i have just frozen all my btc for long term.

edric

hero member

Activity: 546

Merit: 501

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Where you spend?

Where you sell BTC ?

Where you buy BTC ?

I only sell BTC when I think it is overvalued or if I'm going to buy something on Amazon through Purse.

I sell BTC through an exchange.

I buy it through the same exchange I sell. I have accounts on multiple exchanges though for speculating and arbitrage.

Gyfts

legendary

Activity: 2856

Merit: 1519

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Trade with it.

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

Where you spend?

Gyft.com for gift cards primarily. They have almost everything which usually gets me by.

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

Where you sell BTC ?

Exchanges.

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

Where you buy BTC ?

From peers. Usually I don't go to exchanges to buy bitcoin because the verification process is a pain in the ass, plus I'd rather no trust them with it anyways.

dollarneed

hero member

Activity: 742

Merit: 500

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Where you spend?

Where you sell BTC ?

Where you buy BTC ?

1) just collect them,and buying some online stuff
2) i spend my bitcoin on an online store,i bought some online stuffs from them"
3) i sell my btc on my local exchanger
4) actually i'm rarely bought bitcoin mostly i earned them

Stargazer

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Activity: 641

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▰▰▰ Global Cryptocurrency Paymen

Quote from: Dalkore on September 06, 2015, 03:51:13 PM

Save what I can for the future.

Same here. I don't have much but the conversion rate sucks so I have no other choice but to hold. I bought and mined my coins when the price was almost double what it is now so why would I spend it now?

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Save what I can for the future.

feoffee

newbie

Activity: 2

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Buy off amazon using gyft get a little discount and profit a little especially when im going to buy from amazon anyway

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: Thekool1s on September 06, 2015, 06:57:40 AM

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Where you spend?

Where you sell BTC ?

Where you buy BTC ?

1) Buy stuff
2) Mostly online stores
3) Payza
4) Mostly earn it Tongue

May i know in which stores do you spend your bitcoin? Maybe i would buy something that interest me. Otherwise i prefer to hold.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

I buy & HODL (maybe foolishly) in the desperate hope that maybe one day bitcoin will be worth a lot of money & change my life.

daniel1206

newbie

Activity: 1

Merit: 0

i invested very small amount in bitcoin but im still not sure what to do with it im not sure whether i risk buying now at a very low price and the price could spike back up or i should hold no matter what until it reaches 500 or somethig along those lines again

celsderg

newbie

Activity: 1

Merit: 0

Spend it mostly on digital goods because of the lack of local businesses selling for bitcoin

drfisk

newbie

Activity: 1

Merit: 0

In this order:
Invest, sell at profit. Hold onto small amount to gamble. sell when i feel its good enough and leave a little. rinse and repeat

JLynn171

sr. member

Activity: 406

Merit: 250

I dont understand why people dont use bitcoin for spending online on internet because i think this is the good thing for it. everyoane who have it on cold storage are loosing day by day....

Thekool1s

legendary

Activity: 1512

Merit: 1218

Change is in your hands

Quote from: JLynn171 on September 05, 2015, 03:29:56 PM

What you do with BTC

Where you spend?

Where you sell BTC ?

Where you buy BTC ?

1) Buy stuff
2) Mostly online stores
3) Payza
4) Mostly earn it Tongue

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: jdebunt on September 06, 2015, 03:01:52 AM

I keep part of my BTC as a "pension fund", so to speak

Other parts are being used to pay bills, or sent over to my Bitcoin debit card for grocery shopping

Great management, i prefer to hold more than to spend, time by time i see more people who use that debit card and i am thinking myself to order one?

JLynn171

sr. member

Activity: 406

Merit: 250

Everyone expect BTC to grow but how its possible if nobody use it? i think 90% of the BTC are in cold storage and have moves only.

okae

legendary

Activity: 1401

Merit: 1008

northern exposure

i didnt spend so much for now, my priority is to hold them, dont forget the halving the next year Wink

btw im planning to buy a minner but i will not while prices are so high ( even for my electricity cost ), so for now just hold them all

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