Why not just give Bitcoin as a Christmas gift? If you are going to sell it to buy a Christmas gift, then wouldn’t it be easier just to give you friends a real investment buy giving them Bitcoins?
if you give in the form of bitcoin then the recipient must automatically understand bitcoin or if he is a new user then you have to learn from him. because if a new user must be really guided so as not to misplace to use the given bitcoin 
Topic: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts? - page 2. (Read 1049 times)
December 21, 2019, 10:28:37 AM
December 21, 2019, 09:12:07 AM
Why not just give Bitcoin as a Christmas gift? If you are going to sell it to buy a Christmas gift, then wouldn’t it be easier just to give you friends a real investment buy giving them Bitcoins?
December 21, 2019, 07:53:39 AM
I don't think this sell-off is due to people selling BTC so they can buy Xmas gifts. Xmas gifts generally are a luxury and if someone doesn't have the money they either don't buy expensive gifts or don't buy gifts at all.
The only time when there might of been a BTC sell-off might of been during the March-April 2018 area because people had tons of capital gains taxes to pay for 2017 they probably had nothing saved up for the tax man so they had to sell to pay their taxes. And this was apparent because shortly after the USA taxes were filed, BTC seems to have corrected even more. However it didn't really last because it failed to make a new ATH. So that would of been an apparent reason for the sell-off prior to April 2018, but not during Christmas 2017.
Holders will save their bitcoin as much as they can so they will not spend their bitcoins for just christmas gift. The price of bitcoin today is too low and selling it is like letting go your opportunities. I have kids and friends and I will not sell my bitcoin just to buy gifts. It is still better if we will use fiat money to buy things as a gift. Spending is really a bad idea because we are still in downtrend. The only time when there might of been a BTC sell-off might of been during the March-April 2018 area because people had tons of capital gains taxes to pay for 2017 they probably had nothing saved up for the tax man so they had to sell to pay their taxes. And this was apparent because shortly after the USA taxes were filed, BTC seems to have corrected even more. However it didn't really last because it failed to make a new ATH. So that would of been an apparent reason for the sell-off prior to April 2018, but not during Christmas 2017.
December 21, 2019, 02:46:25 AM
I don't think this sell-off is due to people selling BTC so they can buy Xmas gifts. Xmas gifts generally are a luxury and if someone doesn't have the money they either don't buy expensive gifts or don't buy gifts at all.
The only time when there might of been a BTC sell-off might of been during the March-April 2018 area because people had tons of capital gains taxes to pay for 2017 they probably had nothing saved up for the tax man so they had to sell to pay their taxes. And this was apparent because shortly after the USA taxes were filed, BTC seems to have corrected even more. However it didn't really last because it failed to make a new ATH. So that would of been an apparent reason for the sell-off prior to April 2018, but not during Christmas 2017.
The only time when there might of been a BTC sell-off might of been during the March-April 2018 area because people had tons of capital gains taxes to pay for 2017 they probably had nothing saved up for the tax man so they had to sell to pay their taxes. And this was apparent because shortly after the USA taxes were filed, BTC seems to have corrected even more. However it didn't really last because it failed to make a new ATH. So that would of been an apparent reason for the sell-off prior to April 2018, but not during Christmas 2017.
December 21, 2019, 12:48:00 AM
I don't think people who actually value crypto will be losing their crypto at such cheap price which is today's price to buy gifts in so large volumes that it will manipulate and influence a decline of price! I'm sure many are actually spending it but not so many. Most people love to use fiat to buy Christmas tree and then we pray to Santa to gift us some crypto 
December 20, 2019, 10:50:56 PM
I do not have enough plan to sell my bitcoins just to buy vhristmas gifts. This month is the month of giving so I will give back to the people in my community but I will use fiat currencies and not my bitcoins to buy gifts. Why I will sell my bitcoins when its price is very low but if the price of bitcoin is currently high then I do not mind if I will sell it just to buy gifts and give to other people.
December 20, 2019, 09:49:31 PM
All i can say is more people choose to buy gifts using fiat for many reasons. First is you only have limited choices if you will use bitcoin to buy things online/offline. Unlikr fiat that you can buy anything you like, so the best choice is sell your bitcoin and convert to fiat then buy what you want to gift .
December 20, 2019, 08:32:28 PM
Beyond that, I think it's best to not mix crypto and presents, since most people will probably not appreciate what they get.
I learnt that long ago.
At the time they'll be pissed off with you for giving them some string of meaningless nonsense. A few years down the line they'll be pissed off with you because it's worth a whole lot more and they chucked it away or lit the Christmas fire with it.
You can of course back it up in plenty of cases but I wonder how many Casascius coins and commercial paper wallets met their doom because of that.
December 20, 2019, 04:12:50 PM
I'm not selling at all. I can by my Christmas gifts with fiat money. Bitcoins are best held in a bear market.
It just looks like a bad idea to sell for 7000 when a month ago Bitcoin was worth 9000 and a month before that close to 10. If it keeps falling I'll never sell. I value more Bitcoin than fiat.
It just looks like a bad idea to sell for 7000 when a month ago Bitcoin was worth 9000 and a month before that close to 10. If it keeps falling I'll never sell. I value more Bitcoin than fiat.
December 20, 2019, 03:47:44 PM
in my village, no one store use bitcoin payment. in my country, i dont know where is store that provide bitcoin payment. bitcoin is not popular as superstar. so, the best way is cash your bitcoin than buy that stuff use fiat
in some countries it is not possible to use bitcoin as a gift, but if bitcoin is not popular there then the best way is to buy only goods but by exchanging first, the most important is the gifts we give and can make people who get happyThe problem with paying for things with crypto is because of how volatile bitcoin is they people that run the payment processor you use to pay for the gifts with will sell the bitcoin on an exchange that its API is linked to so they remain stable and don't lose or make much different volatility wise since the sell right away. The fact is they sell for fiat. So bitcoin goes down.
December 20, 2019, 01:06:08 PM
in my village, no one store use bitcoin payment. in my country, i dont know where is store that provide bitcoin payment. bitcoin is not popular as superstar. so, the best way is cash your bitcoin than buy that stuff use fiat
in some countries it is not possible to use bitcoin as a gift, but if bitcoin is not popular there then the best way is to buy only goods but by exchanging first, the most important is the gifts we give and can make people who get happy 
December 20, 2019, 11:10:08 AM
So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now. 
I saw the news of the Chinese
scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
I think there are some who use their bitcoin to buy Christmas gifts but of course, it is still better to hold our coins for now because the price is low and it is not advisable to sell but of course people has also some of their prioritize when Christmas Season that is also why bitcoin is dropping slowly because some of us selling their coins to buy what they need to buy this holiday season. I saw the news of the Chinese scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling
coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their
Bitcoin hoard to pay for that and also some Xmas gifts.
Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?
December 20, 2019, 10:52:08 AM
Although Christmas only came once a year but can make bitcoin down because many people withdraw or sell bitcoin to buy xmas gifts and will make bitcoin become dump, almost every christmas time always bitcoin never back up with higher price, we need wait until one month later to get profit with bitcoin.
December 20, 2019, 07:41:04 AM
in my village, no one store use bitcoin payment. in my country, i dont know where is store that provide bitcoin payment. bitcoin is not popular as superstar. so, the best way is cash your bitcoin than buy that stuff use fiat
so my question is how do you exchange you btc to fiat ? only online and not locally ? ( ex. local wallet , exchange ) because if there are local exchangers on your country there is a chance that you can find store that supports btc because btc is legal on your country .
exchanging btc to fiat is stil the best possible way to shop because you can purchase items easily on any shops . we can also give our btc directly as a gift as long as the person knows something about it .
December 20, 2019, 07:23:01 AM
in my village, no one store use bitcoin payment. in my country, i dont know where is store that provide bitcoin payment. bitcoin is not popular as superstar. so, the best way is cash your bitcoin than buy that stuff use fiat
December 20, 2019, 07:07:43 AM
I don't really give gifts that much during holidays. Only to selected people like my parents and siblings. Then the rest I don't give much gifts since I'm still a student and my other relatives don't expect me to have some gifts for them. But when buying gifts for my family, I just sell little bit of my hard earned money, of course it was also for them. Then buy them gifts.
December 20, 2019, 02:07:54 AM
from this thread, I know that most bitcoin holders always sell part of their bitcoin to use to buy gifts and celebrate Christmas. actually very loss if we sell bitcoin at low prices like today. because it is forced and finally the need for the end of the year the price of bitcoin always decreases because many sell bitcoin. I think this habit must be changed. We should always set aside some of our money or salary as much as 5% or 10% to be saved and used to celebrate Christmas at the end of the year. so when christmas comes we don't sell bitcoin to celebrate christmas.
December 19, 2019, 03:33:01 PM
Some of us are selling in other to purchase Christmas gift and some other things in preparation for the Christmas and new year Holly day that will commence from tomorrow. Am particularly selling because some of the things I want to buy cannot be purchase with the use of Bitcoin and any other crypto currency.
Don't you have enough cash? In my mind, it’s not profitable to sell Bitcoin right now, because now it’s a high time of the bear market
December 19, 2019, 03:06:41 PM
Some of us are selling in other to purchase Christmas gift and some other things in preparation for the Christmas and new year Holly day that will commence from tomorrow. Am particularly selling because some of the things I want to buy cannot be purchase with the use of Bitcoin and any other crypto currency.
December 19, 2019, 04:11:41 PM
I've actually prepared a few Bitcoin paper wallets as Christmas gifts this year, they're only small denominations of around 0.01 to 0.05 BTC, but one day they could be worth several times what I paid.
I used this site to print some basic designs—they're not great but they're quick and easy. Printed on laminated paper so they'll last a good while.
Beyond that, I think it's best to not mix crypto and presents, since most people will probably not appreciate what they get.
I used this site to print some basic designs—they're not great but they're quick and easy. Printed on laminated paper so they'll last a good while.
Beyond that, I think it's best to not mix crypto and presents, since most people will probably not appreciate what they get.
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