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Are you spending your Bitcoin?

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jeromanomic:
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?

WhoelCarell1:

--- Quote from: Shital on June 15, 2021, 11:38:12 AM ---Well, to spend first I need to earn and for earning. I am a bit into Forex Trading but I am definitely going to try Bitcoin Trading Too.

--- End quote ---

Hahaha, same story. Firstly earn then choose hold or sold

CryptoStar19:

--- Quote from: WhoelCarell1 on June 15, 2021, 03:03:42 PM ---Hahaha, same story. Firstly earn then choose hold or sold

--- End quote ---


It's pretty difficult to hold or spend what you don't have.

CryptoStar19:
Bitcoin is the hardest money that has been around in recent times... when it comes to spending, it doesn't make sense to spend the kind of money that you know is going to appreciate tremendously in value over time. So to spend, I would stick with fiat. That same fiat will only buy less in time whereas that same bitcoin that you spend today would only buy so much more in time.

Euan Erskine:
 No I’m not! Because I know the real value of BTC, that’s why I have no plan to spend my holding BTC so cheaply.
But may you know; now we are in corona pandemic situation. So, everything is unstable now! Anything can happen right now, including financial issues!
Such as, I sold my (full amount) 0.56BTC in the Feb of 2020 but I have no regret! Know why? Because, I needed that amount badly, afterward I buyback in Q4 of 2020. In addition, now I’m holding tightly.

PremierExness:
Just a bit, investing and saving is always bigger than spending, thats the rule

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