Best way to spend Bitcoin? Newbie's opinion. - page 15.

relq

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Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

how about gambling/betting ? you have big bankroll though. if it's me i will do betting on sportsbook and betting with smart tactic like double my betting if im lose, start with small bets of course.

Jet Cash

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Interesting thread.

My first reaction is that a guy who is prepared to accept $4,000 in Bitcoin (and has the ability to accept them) must be aware of the Bitcoin market place. It seems that he doesn't really need anything, but just wants to unload his Bitcoin holding. The best way to do this must be to convert it into cash, rather than waste it on something he doesn't want.

There is some good logic posted in favour of keeping the coins, and that is what I would do based on the info available.

Nimbulan

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well there are a lot of great ways how to spend the bitcoin you have i usually buy pc games so that i could be able to play online the games i like besides that i spend some coins on buying music or something like that as bitcoin makes everything very easy and fast

gkv9

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!!! RiSe aBovE ThE StoRm !!!

If you are to spend your coins, then just buy some stuff online that you can do with your coins, including this forum...
There are many websites where you can use your coins and get many things very cheaper compared to what you will be paying in fiat for the same...

ausbit

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Quote from: JonasM on December 17, 2015, 06:31:53 PM

Thanks for replying guys. I see there isnansection here where forum users offer services and tech for coin. I think I need to buy something or I will spend it all on papa johns

)

I hope the best way to spend Bitcoins is to purchase more n more Bitcoins for the better future. And purchasing papa Jones, pizza we can purchase a lot through our visible money. Bitcoins makes money, its like a share trading too. Where this Bitcoins grows.

Funny

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Best way to spend bitcoins is to buy something physical, not virtual with it.

ausbit

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Quote from: Hellacopter on December 17, 2015, 07:56:52 PM

Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

I advice you to hold your coins till the next halving at least, you could this way making good profit, because we expect that the Bitcoin's price will increase after this date. Use fiat to buy food and pay bills and so on, and hold your coins.

Hi, dear you are really a business man, better hold your Bitcoins instead of spending it for any foods now, because its really the price of Bitcoins is rising high like before. So I suggest you to hold your bitcoins money to make it grow bigger amounts. You have invested 4000 USD in btc, I am sure it will make double soon. Hope for the good and don't spend it now for any pizza. Buy your pizza when you get good returns. Which will taste awsome.

fravia

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i think that there is a great variety of way on how to spend the bitcoins you have though in my opinion the best one is to buy physical goods or digital goods such as steam gift cards or something like that though i dont like to spend my coins and i like to keep it safe in my wallet

avw1982

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Quote from: Hellacopter on December 17, 2015, 07:56:52 PM

Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

I advice you to hold your coins till the next halving at least, you could this way making good profit, because we expect that the Bitcoin's price will increase after this date. Use fiat to buy food and pay bills and so on, and hold your coins.

I think Better than this first he has to learn all about bitcoins and its level everything. after He can do mining work Mining is not a simple work. Due to electricity Its heavy work as a newbie. Better learn Invest in trading or mining upto your choice dude.

Denker

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Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

Hey man!
First of all I would like to say welcome!

Secondly congratz to your nice amount of BTC.

Here is a nice site where you can check and look for several companies and merchants which accept Bitcoin.
http://spendbitcoins.com/places/

Hope this helps a bit.

PS: Don't spend all of cour BTC.Try to hold a bit.It might continue to increase it's value and you will be able to buy more or better products, goods and services with it. Wink

TTMNewsMJ

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You can use your bitcoin as a normal money.
There are also online shops that accepting bitcoin.
Just check it out.

Universat

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You can buy some goods from online shops such as overstock.com, scan.co.uk and aria.co.uk. There are many others.

Amph

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spend on purse.io you get a discount, up to 50% very convenient and much better than doing it in fiat

sakira

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I do not spend a lot of bitcoin, because in my country it is rare online stores that accept bitcoin.
so I always exchange it for the money and then spend it in the real world

rio3233

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Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

first you need increase your rank by posting here, because more higher your rank more bitcoin that you can earn. it called signature campaign, they will pay you for posting by using their signature campaign.

enhu

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Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

What did you sell to the guy who bought to you amounting to $4K?

I was planing to create a website and maybe if I got the right btc amount I could buy the script needed for the website and the hosting plan in btc. There are now domain registrars and hosting provider that accepts BTC, that should be a good way to s pend and of course its an investment.

MyBTT

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Quote from: JonasM on December 17, 2015, 06:01:44 PM

Hi guys, I'm new here and I just started reading the forum. I see a lot of advise like "invest Bitcoin", buy mining equipment etc. But I don't see anyone talk about daily life products. Food, computers, bills, Christmas shopping. The other day I was paid 4000 usd in btc and now don't know how to spend it wisely. But I ordered a pizza today and it tasted good.

Wow. 4000 USD in BTC is a lot of money. Do you work for BTC?

I wouldn't recommend anyone to start mining now. The difficulty has shot up a lot and it's almost impossible to make a profit or even ROI without some kind of special privilege like free electricity and such.

You can order and buy lots of things with BTC nowadays... Just spend it like you do with your local currency. I think you should try out some of the physical storefronts that offers to accept BTC.

Good luck and don't gamble Wink

The Sceptical Chymist

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^^I agree with this, but OP got a nice chunk of change there, so he should spend some of it if he wants.

If you're into coins or bullion, Provident Metals takes bitcoin and they give a discount for using it. I've used them, and they're definitely reliable. Lol, that's the only time I've actually spent bitcoin. I'd definitely save if i were you.

Beraturker

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I think the best way is not to spend bitcoin you have.. i suggest you to collecting them.

n691309

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The best way to spend bitcoin is to try to get legit gift cards which you can benefit 5% - 20% or maybe more, then through purse.io or gyft which cost cheaper than with paypal and the last one spending like the fiat money.

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