Author Topic: Are you spending your Bitcoin?  (Read 2286097 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?

Offline Shital

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Re: Are you spending your Bitcoin?
« Reply #510 on: September 30, 2021, 06:36:13 PM »

your ads here
Before spending it, I would have to earn the same and I would do it, once I have learned about the Forex Trading properly. 

Offline dutchy1986

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Re: Are you spending your Bitcoin?
« Reply #511 on: October 08, 2021, 04:25:34 PM »
I spend bits of it but always keep some

Offline Pezza

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Re: Are you spending your Bitcoin?
« Reply #512 on: October 09, 2021, 05:53:33 PM »
That's an interesting thought. I trade with BTC, I always hold some but also trade on the dips and highs. I guess it is still quite a strange concept to shop with BTC so never really thought of the effects on the market. Always good to hear other people's perspectives.

Offline JasonKingss

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Re: Are you spending your Bitcoin?
« Reply #513 on: October 13, 2021, 12:44:05 PM »
It will be good when companies start holding BTC instead of instantly converting it to USD...

Offline cashisking86

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Re: Are you spending your Bitcoin?
« Reply #514 on: October 15, 2021, 06:55:54 PM »
Personally I'm not spending it. I am investing regularly and adding it to a larger more diverse porfolio.

Offline momo3HC

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Re: Are you spending your Bitcoin?
« Reply #515 on: October 17, 2021, 09:31:01 PM »
HAHAHHA exactly... Greetings, where ure from? And what coins are you holding right now?
Bulgaria. You?

Offline CrySmile

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Re: Are you spending your Bitcoin?
« Reply #516 on: October 18, 2021, 03:17:19 PM »
For me any cryptocurrency, including bitcoin, is a tool for making transactions. To some extent it is also an investment, but the specifics of my business requires me to constantly accept payments in cryptocurrency, I also make payments using different coins. Personally I use coinspad solution, in my opinion it is the best multi cryptocurrency wallet at the moment because it supports more than 30 cryptocurrencies and more than 20 fiat currencies. If you have any other interesting suggestions to make cryptocurrency and fiat transactions even easier, I'd love to hear them
« Last Edit: October 18, 2021, 05:28:33 PM by CrySmile »

Offline cashisking86

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Re: Are you spending your Bitcoin?
« Reply #517 on: October 21, 2021, 11:18:29 AM »
Most crypto excel in the area of international payments due to the fees and lack of exchange rate. Outside of that, at this moment in time I would lean towards holding as an investment.

Offline cjlab9ihih

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Re: Are you spending your Bitcoin?
« Reply #518 on: October 22, 2021, 07:53:52 AM »
What do you think of the value of this coin?

Offline cjlab9ihih

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Re: Are you spending your Bitcoin?
« Reply #519 on: October 22, 2021, 08:02:15 AM »
I think that in 21 years it is no longer necessary to spend money on mining, you should think about another type of earnings on crypto

Offline HeavLeighGill

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Re: Are you spending your Bitcoin?
« Reply #520 on: October 22, 2021, 02:09:19 PM »
I spend some and keep some. Sometimes it just depends on the month, but it's a good idea to hold onto some.

Online Nissan

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Re: Are you spending your Bitcoin?
« Reply #521 on: October 24, 2021, 02:56:57 PM »
I spent bitcoins when the rate was 3000, I spent when the rate was 65000 and if everything goes well, I will spend bitcoin when it costs $ 500,000)

Offline ForexMum

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Re: Are you spending your Bitcoin?
« Reply #522 on: October 25, 2021, 04:45:08 PM »
I am not buying shopping with Bitcoin, but I am sure it will come in the near future.

Offline Shital

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Re: Are you spending your Bitcoin?
« Reply #523 on: October 30, 2021, 06:50:31 PM »
Right now I am involved in the Forex Market and once I have done with it, I would definitely love to give Bitcoins a try.

Offline sara.holt

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Re: Are you spending your Bitcoin?
« Reply #524 on: November 03, 2021, 10:53:30 AM »
Why is my transaction pending?Although your wallet balance is updated immediately, your transaction will remain listed as 'pending' until at least one Bitcoin miner has included it in a block.[/size][/size]How long will my transaction be listed as pending?[/size]Short answer:[/color][/size]Eco: less than 60 minutes[/size]Fast: less than 30 minutes[/size]Fastest: 0-20 minutes[/size][/size]Explanation:[/color][/size]The time it takes for a miner to pick up your transaction depends on (1) the fee you attach to your transaction and (2) the current state of congestion of the Bitcoin network.[/size][/size]Bitcoin transactions incur a small fee which is paid to the miners that confirm them. Transactions with higher fees are picked up sooner by miners (who optimize for profitability), so higher-fee transactions are more likely to be included in the next block. This means you can opt for faster transaction processing by paying a higher fee. Alternatively, if you're not in a rush to have your transaction confirmed, you can save money by opting for a lower fee.

[/font]

 

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