Author Topic: Are you spending your Bitcoin?  (Read 930999 times)

0 Members and 8 Guests are viewing this topic.

Offline jeromanomicTopic starter

  • Newbie
  • Joined: Jul 2014
  • Posts: 23
  • Thanked: 3 times
  • Karma: +0/-0
    • View Profile
Are you spending your Bitcoin?
« on: August 10, 2014, 11:32:03 AM »
I just read this:
http://www.finance-guy.net/finblog/how-will-you-spend-your-bitcoin/10/8/2014

Makes an interesting point.  If we buy stuff with BTC and the company just sells it for cash right away, it's probably not good for the BTC price.

What do you think?  Will shopping with BTC be good or bad for BTC?
The following users thanked this post: haberland-consulting.com


Offline BitClubNetwork

  • Newbie
  • Joined: Aug 2014
  • Posts: 26
  • Country: 00
  • Thanked: 2 times
  • Karma: +0/-0
  • BitClub Network
    • facebook.com/BitClubNetworks
    • twitter.com/BitClubNetworks
    • View Profile
    • BitClub Network Passive Income Bitcoin Cloud Mining Opportunity
Re: Are you spending your Bitcoin?
« Reply #1 on: August 30, 2014, 04:53:21 PM »
It will be good when companies start holding BTC instead of instantly converting it to USD.  I've heard that Overstock keeps a portion of the funds received as BTC.

Offline jeromanomicTopic starter

  • Newbie
  • Joined: Jul 2014
  • Posts: 23
  • Thanked: 3 times
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #2 on: October 01, 2014, 05:48:00 AM »
If we do spend it, we drive the price down today, if we don't it won't grow in the future... tough choice :)
The following users thanked this post: haberland-consulting.com

Offline Alrick

  • Newbie
  • Joined: Oct 2014
  • Posts: 14
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
    • twitter.com/@rick_georgia
    • View Profile
    • Mine Bitcoin for Lifetime!
Re: Are you spending your Bitcoin?
« Reply #3 on: October 13, 2014, 10:48:52 PM »
Hi! I think whatever we are going to do with  Bitcoins to keep or spend them, the price will go up and down during some period, maybe within 5 years untill the whole world learn about it. But I'm sure some new generation  coins will  overbeat Bitcoin and their price will probably be higher. Bitcoin  opened new gates for IT developers, showed them a new direction in IT sphere, so they (devs.) won't stop.   That's my opinion but time will show. Nice to meet you and best regards.
« Last Edit: October 14, 2014, 01:57:22 AM by Alrick »
The following users thanked this post: haberland-consulting.com

Offline jeromanomicTopic starter

  • Newbie
  • Joined: Jul 2014
  • Posts: 23
  • Thanked: 3 times
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #4 on: October 31, 2014, 01:58:57 AM »
I hope the price settles, otherwise it will only be an intermediary for micro transactions...

Offline Conscience

  • Newbie
  • Joined: Nov 2014
  • Posts: 5
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
  • www.gagnerdesbitcoin.fr
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #5 on: November 04, 2014, 06:02:36 PM »
The only thing I know that's shopping with BTC is good for miners :D
But it might be also good for the price of the bitcoin.
newbielink:http://www.gagnerdesbitcoin.fr [nonactive]
The following users thanked this post: haberland-consulting.com

Offline CoinBeast

  • Newbie
  • Joined: Oct 2014
  • Posts: 12
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #6 on: November 04, 2014, 11:10:47 PM »
I re-invest a mine back into mining. As my profit grows I will keep a portion of it.

Offline jeromanomicTopic starter

  • Newbie
  • Joined: Jul 2014
  • Posts: 23
  • Thanked: 3 times
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #7 on: November 05, 2014, 04:58:56 AM »
You mean to buy mining equipment or to buy cloud mining capacity?

Offline jeromanomicTopic starter

  • Newbie
  • Joined: Jul 2014
  • Posts: 23
  • Thanked: 3 times
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #8 on: November 18, 2014, 02:13:27 AM »
Irony is that companies who 'accept bitcoin' actually never receive any so do they really accept them?  In reality they are accepting US Dollars from Coinbase, and Coinbase is accepting Bitcoin :)

Offline Kimberley Silva

  • Newbie
  • Joined: Nov 2014
  • Location: Sydney, Australia
  • Posts: 1
  • Thanked: 1 times
  • Karma: +0/-0
  • Specialties: Local and global B2B and B2C intergrated marketing/business plans, direct marketing (on & offline), marketing analytics, advertising, customer service & telemarketing, budgeting, business operations, decision making & negotiation, organisatio
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #9 on: November 20, 2014, 11:34:31 PM »
Hey guys,

I am actually in the process of putting together a survey which will look at what people spend their bitcoin on. I would generally say that people would spend their bitcoins on one of the below:

Computer service/software/hosting
Computer hardware
Food and beverages
Narcotics
Other non-legal goods
Gambling services
Gifts/donations
or bitcoin trading.


The following users thanked this post: haberland-consulting.com

Offline wagabee london

  • Newbie
  • Joined: Nov 2014
  • Posts: 4
  • Thanked: 1 times
  • Karma: +0/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #10 on: November 29, 2014, 09:15:41 PM »
i am using bitcoins for a lot of my buy on the internet we have to use bitcoin to make the system work i want to spend more but i can,t with my small salary if any rich bitcoiners want to help please find my bitcoin wallet adress 17NvfNDKcrdCyqscVgadftvVUCDqKx11j7
The following users thanked this post: jeromanomic

Offline kotwica666

  • Newbie
  • Joined: Jan 2015
  • Posts: 16
  • Thanked: 3 times
  • Karma: +1/-0
    • View Profile
Re: Are you spending your Bitcoin?
« Reply #11 on: January 03, 2015, 03:01:33 AM »
Dear all,

We have recently launched a  Crypto currency (bitcoin and litecoin) exchange registered and operated in singapore .


That's nice :) but you forgot about link or at least name :)
The following users thanked this post: haberland-consulting.com

Offline iBits

  • Sr. Member
  • ***
  • Joined: Sep 2012
  • Username: graghav2010
  • Posts: 327
  • Country: 00
  • Thanked: 1 times
  • Karma: +7/-3
  • Gender: Male
    • View Profile
    • Bitcoin World
  • Bitcoin Address: 1NRpZxnLz9399ABvefR1ymxeCeRcv5waGs
Re: Are you spending your Bitcoin?
« Reply #12 on: January 05, 2015, 09:44:33 AM »
Ofcourse Bitcoin is something we need to keep in circulation and not make it depend directly on Dollar or any other currency. Unless this relative comparison is stopped we will continue to see the highs and lows for a long time. Lets start making the commodities priced directly in BTC and no conversion or just a simple one. If we all start putting very low price in BTC and same does all the exchanges together, though not possible practically, the price would suddenly rose, keeping all the Bitcoins haters like governments etc aside..
The following users thanked this post: haberland-consulting.com

Offline Newsbtc

  • Newbie
  • Joined: Jan 2015
  • Location: London
  • Posts: 2
  • Country: gb
  • Thanked: 1 times
  • Karma: +0/-0
  • Gender: Male
    • facebook.com/https://www.facebook.com/newsbtc
    • plus.google.com/https://plus.google.com/b/104929063772045171596/+NewsbtcBitcoin/
    • twitter.com/https://twitter.com/newsbtc
    • View Profile
    • Bitcoin Trade News
Re: Are you spending your Bitcoin?
« Reply #13 on: January 05, 2015, 09:49:56 AM »
Shopping with BTC is not a bad idea.
Bitcoin News
The following users thanked this post: haberland-consulting.com

Offline EndTheFed

  • Newbie
  • Joined: Oct 2014
  • Posts: 5
  • Country: us
  • Thanked: 2 times
  • Karma: +0/-0
    • View Profile
  • Bitcoin Address: 1L8b7mNd8cKx4feK97ddr12vSo3htp2Tu5
Re: Are you spending your Bitcoin?
« Reply #14 on: January 05, 2015, 06:49:04 PM »
Shopping with BTC is not a bad idea.


Good idea as long as the Merchants keep some or all BTC and not exchange it to fiat right away. Or maybe Merchants can keep BTC`s circulating by purchasing to restock inventory with BTC now that would be something to see.
Have a BTC Day!
The following users thanked this post: haberland-consulting.com, PeaceDollar


 

Bitcoin-Qt, bitcoind version 0.5.2 released

Started by bitcoinforum.com

Replies: 2
Views: 108654
Last post December 01, 2015, 03:02:43 PM
by leskivos
Bitcoin Magazine

Started by bitcoinforum.com

Replies: 2
Views: 93695
Last post December 04, 2012, 11:55:55 PM
by bitcoinforum.com
How did you get into bitcoin?

Started by bitcoinforum.com

Replies: 201
Views: 2425966
Last post Today at 10:40:34 AM
by rsemfreelancer
Take the Name.com Survey VOTE for BITCOIN!!!

Started by bitcoinforum.com

Replies: 4
Views: 84660
Last post October 19, 2014, 02:01:55 PM
by narf79
URGENT: Potentially critical vulnerability in versions 0.5 to 0.6 on Bitcoin-qt

Started by bitcoinforum.com

Replies: 1
Views: 55780
Last post March 24, 2012, 12:21:58 AM
by dodoking

your ads here