Post
Topic
Board Economics
Re: Spending Bitcoins
by
danherbias07
on 03/04/2017, 09:32:55 UTC
Exactly and not only gambling people are spending huge amount of bitcoins even on trading sites and that is the best thing for the bitcoin economy as we need circulation of coins and cannot afford to keep our bitcoins idle in our wallet.
I will hold my coins for now, there is not enough good incentive for me to spend them. Sending them now, when we need to pay a half dollar transaction fee is a bit of waste IMO.
There is no exactly any incentive to use your coins when they might be worth 2x or 3x of current value in a year. Plus, you need to have access to your coins if/when Hard Fork happens.


Yes its good to keep bitcoins safe in wallet instead of spending it or investing it anywhere as we don't know what decision will arrive in coming months and price can even crash at that point of time and at least holding will give you a feeling of security that your bitcoins are safe in your wallet.

I, too, still just keep my bitcoins in my wallet. A small part of the bitcoins I introduced to the stock exchange for trading. I can not invest successfully. Therefore, most of the bitcoins I just store and do not spend

Yes its good to spend some bitcoins on trading sites which helps us in growing our bitcoins quicker but don't put all your bitcoins there as it can be risky and if your trade goes wrong then you can loose huge some of money so be careful in investing even a small part of bitcoins.

Well it is trading and we can't be too much careful with everything that we trade or we wont find any profit from that.
I say we risk some but dont let it get into you when you felt the first profit small or large.
Keep on staying at the safe side with a little risk that is taken. That is all for my opinion.