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Author Topic: Are you spending your Bitcoin?  (Read 1669838 times)

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Offline jeromanomicTopic starter

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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?
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Offline cryptogenius

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Re: Are you spending your Bitcoin?
« Reply #315 on: October 07, 2019, 04:29:31 AM »
Nooooo, not right now. Price is too low.

Offline itsjustmethebtc

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Re: Are you spending your Bitcoin?
« Reply #316 on: October 07, 2019, 10:27:09 AM »
I think it’s great, last month I bought a car for bitcoins, though for this I had to convert them, but before that I had earned them in a different way, not related to fiat

Offline Hagibis

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Re: Are you spending your Bitcoin?
« Reply #317 on: October 12, 2019, 07:17:32 AM »
I did. I paid my insurance using BTC two years ago, LOL! I did exchange it first to fiat since the insurance company doesn't accept BTC as a mode of payment yet. I do hope that BTC will be accepted and used as one of mode of payments in everything we buy in the future.

Offline lamaK

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Re: Are you spending your Bitcoin?
« Reply #318 on: October 18, 2019, 05:16:24 PM »
No, I HODL it

Online mlawson71

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Re: Are you spending your Bitcoin?
« Reply #319 on: October 19, 2019, 03:54:34 PM »
I don't really spend it I just trade it. But I am considering spending it.

Offline rockermax

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Re: Are you spending your Bitcoin?
« Reply #320 on: October 20, 2019, 02:15:58 PM »
Only Hold!

Offline bossmarket1

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Re: Are you spending your Bitcoin?
« Reply #321 on: October 23, 2019, 03:43:28 PM »

I still have little bitcoin, I want to accumulate a lot.

Offline trader88

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Re: Are you spending your Bitcoin?
« Reply #322 on: October 25, 2019, 11:45:02 AM »
I believe its a good idea. In fact, Well what’s the point of a currency be it digital or fiat if we can’t use it for spending.

Offline Detector

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Re: Are you spending your Bitcoin?
« Reply #323 on: October 27, 2019, 01:24:39 PM »
Do you think it's worth selling now?

Offline Hagibis

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Re: Are you spending your Bitcoin?
« Reply #324 on: October 27, 2019, 04:11:17 PM »
Do you think it's worth selling now?


I just checked the rate a while ago and it is not worth selling now. I think the value rose up two days ago, I did exchange some as I used it to buy BXK Token for Bitbook betting. Wait until the value rises again.

Offline mushroom_legend

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Re: Are you spending your Bitcoin?
« Reply #325 on: October 27, 2019, 05:02:45 PM »
Don't spend BTC. Wait until it finds its fair market value (I think at least mid 6 figures USD because that is about the market cap for gold)

Offline Bandys

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Re: Are you spending your Bitcoin?
« Reply #326 on: October 31, 2019, 11:38:48 AM »
Mostly I spend on the exchange.  Already today, many people pay for purchases with cryptocurrency.  I am sure that in the near future payment by cryptocurrency will be more popular than non-cash.

Offline Bit4.Sale

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Re: Are you spending your Bitcoin?
« Reply #327 on: November 07, 2019, 02:57:36 PM »
In our opinion, it is best to stand still and accumulate little bits of Bitcoin. Average-in the price is probably one of the best tactics if you purchase Bitcoins throughout a certain period of time.
Bitcoin certainly has a limited supply, therefore it may worth a gamble to see what the price is like in several years, maybe decades :)
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Offline Benios

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Re: Are you spending your Bitcoin?
« Reply #328 on: November 08, 2019, 01:17:41 PM »
At least when you buy something with BTC, you don't have pay taxes :D

Online mlawson71

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Re: Are you spending your Bitcoin?
« Reply #329 on: November 09, 2019, 05:56:57 PM »
I mostly just stick to trading it.


 

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