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Re: Do you actively spend your bitcoins?
by
Kava
on 17/10/2016, 09:52:08 UTC
I am never spending bitcoins  because i know that is not the meaning of the bitcoin i know that ht eonly person who is making money with the bitcoin is the one who maked
the bitcoin this big.

I think you are misunderstanding the concept behind Bitcoin.  Bitcoin is meant to be used as currency, so it means that Bitcoin should be spend.  Spend it the same way how you spend money.  Use it to buy things that you need online, use it as investment or trade it just like in forex.

Most of the people will prefer to keep them idle in their wallet so that they can spend them in future when they higher price but they forget the fact that by doing so it will never take price of bitcoin higher in future.
I sometimes decide to spend some Bitcoin but I try to not do it to often because because spending all of your Bitcoin is a waist because they can worth more in the future.
Spend your money instead of your Bitcoin because otherwise you are investing in Bitcoin for nothing.

Totally agree. Bitcoins have a great future and now it makes no sense to spend it. Exception - if absolutely no dollars. Better to wait, when it will become more expensive