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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?

jessie_hendrawan:

--- Quote from: jeromanomic on January 13, 2015, 08:18:25 AM ---I agree that we need to use Bitcoin more, otherwise it will never gain traction, but given the current setup used by merchants... spending bitcoin is the same as selling it as they just convert instantly to receive cash

--- End quote ---
I wish more country can legalize bitcoin as they payment service

lipav58:
I spent a small amount of cryptocurrency to create a small business. It is a small car repair shop, which is an agency that deals with car repairs and improvements. So far, all updates are only in appearance, namely with free car mockup , which we were able to find on the https://mockupfree.co/cars. But in the near future we will be doing a full range of services

HeavLeighGill:
I always convert mine to cash and have it sent to my bank, but this makes a good point and I might start buying with BTC in some cases.

hamishdw90:

--- Quote from: HeavLeighGill on September 22, 2021, 03:26:32 PM ---I always convert mine to cash and have it sent to my bank, but this makes a good point and I might start buying with BTC in some cases.

--- End quote ---
It's a smart way to safe your money from the ups and downs price. I personally set some limit when i hit the target price that i want, because im not good at daily trading and stuff

squadus:
I will save my bitcoins until I need to rebalance my portfolio due to having so much. :)

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