Re: Do you USE your BTC?

As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.

No, but still I will buy the things that are important to me. After that, I'll try to focus more on accumulating Bitcoin.

That is right, only use your bitcoin to buy things that you really need and important for you so you will not regret for selling bitcoin and you can have a great future with bitcoin. Accumulate and collect more bitcoin because after a few years, i believed that the price of bitcoin maybe stabilizing at the 5 digit price.

I try to do so. As long as I do not need cash so urgently, I am trying not to sell any bitcoin not to regret later.

Every decision that we make make has a consequence attach to it. Whether or not we convert our bitcoins to fiat for emergency purposes, in the end we tend to regret it since we waste its potential value from further increasing. But that decision was essential for the satisfaction of your emergency situation or monthly obligations. It really depends on the individual on how they utilize their bitcoin, especially when they tend to be in a tight financial situation. The obvious choice is simply to convert your btcs to fiat. But if you have no reason to convert it, then I suggest not to since you are wasting a lot of value in the future.