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Re: Do you actively spend your bitcoins?
by
Hatuferu
on 31/05/2016, 02:07:47 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

If it goes to 500 dollar just sell some of your bitcoin not all. Just have 1 bitcoin for 2016 I think you will make profit in there.
Than now, for now is the price is increasing, but is not that high as in 2013.
So yeah just wait or sell it, if I was you wait in 2016.
I dont spend bitcoin on a daily basis, because it's just not possible for me to do right now. I mostly spend it online and if I am able to pay with it online I will use bitcoin as my payment. Now that Christmas is around the corner I have made a handful of purchases.
This is not the right time to sell bitcoin because the price of bitcoin right now is gradually increase and it increase more.. so hold your bitcoins to make more profit once the price reach high until 700 value..

If price reaches there in quick time then I am sure majority of people would still prefer to hold and sell when it crosses $800 mark, and I think that is right thing to do.

Indeed around the 800 dollar people are gonna consider it and mostly gonna sell because if that will happen it will be very profitable if you ask me due to the fact that you can make a lot of money because of this.
$800 price can be possible to reach in this year, so people just relax and enjoy the beauty of bitcoins, I presume we all earned if that hits right? Don't worry more to come, the price will at least hit $1,000 by the end of the year.