Author Topic: Are you spending your Bitcoin? (Read 2774967 times)

jeromanomic · « **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?

Ryan Cox · « **Reply #615 on:** May 29, 2023, 10:10:34 AM »

[font=Söhne]It's a valid concern. If Bitcoin is continuously sold for cash, it hampers its potential to become a widely accepted currency.[/font]

oitruanghau · « **Reply #616 on:** May 29, 2023, 10:11:03 AM »

[font=Söhne]Spending Bitcoin should ideally involve supporting businesses that believe in the long-term value of cryptocurrency.[/font]

anlocj197 · « **Reply #617 on:** May 29, 2023, 10:12:21 AM »

[font=Söhne]Spending Bitcoin wisely can promote its adoption and incentivize merchants to keep Bitcoin in circulation.[/font]

lktrung9aaq2 · « **Reply #618 on:** May 29, 2023, 10:12:48 AM »

[font=Söhne]We should support businesses that embrace Bitcoin as a store of value and promote its utility in day-to-day transactions.[/font]

zamantruang8 · « **Reply #619 on:** May 29, 2023, 10:13:39 AM »

[font=Söhne]Supporting businesses that embrace and retain Bitcoin can contribute to its mainstream acceptance and long-term success.[/font]

lamraugn82 · « **Reply #620 on:** May 29, 2023, 10:14:13 AM »

[font=Söhne]It's crucial to find a balance between spending Bitcoin and preserving its value as a digital asset.[/font]

run7897 · « **Reply #621 on:** May 30, 2023, 11:57:41 AM »

I keep a part of the received funds in the form of BTC.

Francksoleil · « **Reply #622 on:** May 31, 2023, 12:29:13 PM »

Yes, I do still hold my Bitcoins. I believe in the long-term value and potential of Bitcoin and cryptocurrencies in general. I see them as a solid investment for the future. However, please note that investing in cryptocurrencies carries a certain level of risk, as the market can be quite volatile. As with any investment, it's important to do your own research and make decisions based on your own financial situation and risk tolerance.

Oreocarma06 · « **Reply #623 on:** June 01, 2023, 12:57:34 PM »

OH YEAH! I drive it back and forth and have good cream from this action

appbetban · « **Reply #624 on:** June 06, 2023, 07:01:19 AM »

no, waiting for the price to go up

Thomas Liam · « **Reply #625 on:** June 06, 2023, 02:55:20 PM »

Shopping with Bitcoin can provide enhanced anonymity and lower transaction fees, but its volatile nature may effect the overall value of transactions, making it a potentially dangerous, yet novel way to shop.

Torrafranc · « **Reply #626 on:** June 18, 2023, 06:56:53 AM »

I use my bitcoins - me on different exchanges and earn even more coins

Chipstars · « **Reply #627 on:** June 23, 2023, 10:02:23 AM »

We are spending all of our bitcoin on slots!

soap94 · « **Reply #628 on:** July 02, 2023, 07:48:49 PM »

No no I am holding!

AaronTahan · « **Reply #629 on:** July 22, 2023, 03:14:16 PM »

It's interesting to read an opinion about the crypto eight years ago)

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Are you spending your Bitcoin?