Bitcoin > Bitcoin discussion

Are you spending your Bitcoin?

<< < (92/118) > >>

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?

luckypenguin:
Unfortunately yes

Jaianad:
I have donated Bitcoin and spent it on random purchases. Each time I simultaneously bought back more BTC than I spent.

I was originally drawn to Bitcoin because of the philosophical/political power of a decentralized internet currency. You cannot 'freeze' someone's account with Bitcoin, and two humans can engage in commerce over long distances without having to rely on a third party or government-backed fiat currency.

As an investor, I find Bitcoin appealing because it offers a more precisely finite supply than gold and can work as a form of cash over the internet. So it has usefulness and scarcity.

What's been most impressive to me is the community surrounding Bitcoin and the entrepreneurs and developers that are building on top of the Bitcoin protocol. Better tools to use Bitcoin combined with the network effect of more users multiplies the underlying value.

Once Bitcoin stabilizes, more people will use it regularly as a traditional currency. But you need depth in market value to provide that stability. At $12B that's difficult to really do. $120B or $1,120B on the other hand can offer much better liquidity and hence stability.

Not sure if that addresses your question, but that's my two satoshis.

In the evening after a working day, I like listening to music and playing slot machines. I am fond of not so long ago, during the time that I have already spent playing this for about a month, I raised about 1000 dollars like this just playing and getting pleasure from it very relaxes, especially after a working day, of course, not without losses, but nevertheless, it brings income that I can spend for my own pleasure!
If you want to find something new, I would suggest taking a look at this site
They offer a large selection of slot machines, a user-friendly interface, and much more ...
This is a website that I use all the time, and I can safely recommend it to anyone who wants to try their luck at slot machines.

CrySmile:
I don't just spend bitcoins. My whole business activity is based on it. And I can make dozens of transactions in one day - receive bitcoins from one client and transfer ethereum to another. It is very convenient that I have payperless crypto wallet, because I can easily convert currencies and deposit money from my bank card. I think that in a little while, everyone will do it that way.

Shital:
I am trading with Forex and not the bitcoin, but surely like to try it some day.

cashisking86:
Not spending. I invest each month in some regardless of price for the long term hold and trade it shorter term. No intention to spend it yet.

Navigation

[0] Message Index

[#] Next page

[*] Previous page

It appears that you have not registered with Bitcoin Forum. To register, please click here...
Go to full version