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Re: Do you actively spend your bitcoins?
by
Amph
on 18/12/2015, 11:33:03 UTC
The last couple of weeks i've spent a lot. Not only on black friday/cybermonday but also buying stuff for myself just because I can.

For christmas my bitcoin spending was limited to 2 purchases. Problem is that the shipping time is a 'uncertain factor'

Nearly One month I didn't Utilzed through bitcoin. I am saving all my bitcoins. Because price increasing very fast I am expecting this will reach to 500 and more USD. I will exchange or spend on that time for purchase. Now I am fiat currency for the purchase
Do you have any price threshold for bitcoin that if price increases from that price then you spend money, for example 500$ or so?

I have a threshold once the value of Bitcoin crosses $500 mark I will spend it or exchange it for currency just to be on a safer side rather than selling it when the value slips down.

this is what everyone think now because it seems that 500 is hard to broke, but if we will break it and then go ahead and reach some other good value like 600-700

you will surely change your mind about your threshold