i've got two now, one on a stand in the living room (the one i'm going to sell), and the new one in my bedroom
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I leave all my instruments out...guitars hang on the wall, piano stays out, and the bass stays out. If put 'em in a case or bag, I can't walk by and play for 5 minutes.
I probalby get an extra 30 or 45 minutes of playing each day just in 3-5 minute snippets.
They're meant to be played, not stored.
Yes, you do. You just have to keep your legs bent.My basement ceiling is 6'3", which is where my music room is, so, I don't have hanging as an option.

by the way, my question concerns double basses, not bass guitars.
Thanks to all of you who responded. Looks like there's a variety of opinions on this.
Drurb, about your comment:
It was temp and humidity that led me to ask the question. I was thinking that bagging my bass might protect it better from the elements. Curious as to why you say you can control these variables better with your instrument out on the stand.
Not a good idea. There are mites that eat bowhair. They thrive in the dark, as in a closed bow case. You should leave your bow exposed to the light as much as possible.But the bow stays in it's case.
Not a good idea. There are mites that eat bowhair. They thrive in the dark, as in a closed bow case. You should leave your bow exposed to the light as much as possible.