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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?

Cynthia Adams:

--- Quote from: jeromanomic on October 01, 2014, 05:48:00 AM ---If we do spend it, we drive the price down today, if we don't it won't grow in the future... tough choice :)

--- End quote ---


If we don't spend it now, when are we going to spend it.

AmandaLin:
I've been using cryptos for buying stuff online for a while now, I usually don't spend Bitcoins though... still a hodler. Even when shopping with crypto is still in development there are a lot of sites that accept payments with a Bitcoin and other cryptos. I recently used this listing https://www.cryptousage.com/buy-computers/ to find new stores to buy a computer online with DOGE and wasn't disappointed

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Deaconing:
I am still holding it as the market seems to be expanding further. I have taken a calculated time duration for which I am going to hold it. Also I am thinking to diversify my portfolio seeing the new trends in new potential cryptocurrencies.

Hectography:
No, I don’t buy things with bitcoin. I use it for trading only and convert the profits into fiat currency to make buys

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