Pages:
Author

Topic: Buying online with crypto? Its worthed? - page 2. (Read 432 times)

sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
January 05, 2020, 11:20:31 AM
#27
For now, i dont think crypto is good for online payments. I think crypto may not sercue enough and not been accept by governments so most online service still dont want to add crypto as payment method. And one more reason that crypto need to solve, that is the price changing to quickly in short time, this may be a weak point when using crypto to pay something.
legendary
Activity: 3178
Merit: 1054
January 05, 2020, 11:17:16 AM
#26


cryptocurrency works like fiat, basically its suppose to work as currency that we can use to buy products including on ecommerce sites, booking hotel or flight with crypto if possible. the only airlines being known to public that accepts BTC was a German airline.

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?

In my opinion, cryptocurrency or bitcoin was not yet ready for this, most of the time using cryptocurrency was not worth it in this kind of transaction it might be even faster but I think cryptocurrency or bitcoin was not yet really implemented in this kind of transactions and I think these days cryptocurrency was not yet meant as a currency.

I think it is better just to use fiat currency in this simple transaction for me bitcoin is a more on a investment thing if you keep on using bitcoin in this kind in my experience most of the time you are just losing a profit form bitcoin so it is better if you just invest it also there are only limited booking of hotels and flights that are going to accept this cryptocurrency or bitcoin as a payment so surely you will not be able to use it all the time.
The high price in the market could be the thing and the volatility of the bitcoin market price is a big factor why it is not worth using bitcoin most of the time it is better to hold bitcoin  Smiley.

Just my opinion  Grin


a lot of us tend to see BTC as investment. i wouldn't be spending it to shop unless i have no other option that a merchant only accepts BTC.

sr. member
Activity: 1820
Merit: 436
January 05, 2020, 11:10:56 AM
#25
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


In my opinion, cryptocurrency or bitcoin was not yet ready for this, most of the time using cryptocurrency was not worth it in this kind of transaction it might be even faster but I think cryptocurrency or bitcoin was not yet really implemented in this kind of transactions and I think these days cryptocurrency was not yet meant as a currency.

I think it is better just to use fiat currency in this simple transaction for me bitcoin is a more on a investment thing if you keep on using bitcoin in this kind in my experience most of the time you are just losing a profit form bitcoin so it is better if you just invest it also there are only limited booking of hotels and flights that are going to accept this cryptocurrency or bitcoin as a payment so surely you will not be able to use it all the time.
The high price in the market could be the thing and the volatility of the bitcoin market price is a big factor why it is not worth using bitcoin most of the time it is better to hold bitcoin  Smiley.

Just my opinion  Grin
legendary
Activity: 3122
Merit: 1140
January 05, 2020, 11:08:17 AM
#24
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


Go with Fiat if you do like to save crypto for future profits but if not then you can use it as you like yet there were merchants that do accept crypto when it comes to booking hotel or flight.
You can check this out https://bitcointalksearch.org/topic/overview-of-all-airline-flight-ticket-sites-that-accept-bitcoin-3078815
staff
Activity: 3500
Merit: 6152
January 05, 2020, 11:00:16 AM
#23
Unless there's an special discount for using crypto (or you have a big stash of crypto that you're willing to use to pay for stuff) then no, there's no point in paying those services with crypto. Why spend it now when you can hodl it and expect bigger gains in the long-term?

We keep complaining about services not accepting bitcoin but at the same time, we're not willing to use it. We shouldn't expect any service to starting accepting it if all we do is hodl.

I didn't heard any stores, shopes, hotels, restaurant or even an airport here in my country in which you can pay bitcoins or altcoins as a mode of payment but I guess if this scenario will happen, like what you have said it is more convenient and easy to use your bitcoins or even altcoins as a mode of payment because you dont have to waste every single time to convert it into fiat. I hope that this will be possible soon for me to be able to use my bitcoins without taking time to convert it into fiat and pay my bills and other financial related agendas.

Even if they don't accept BTC directly, you could use third party services[1][2][3][4].

[1] https://travelbybit.com/
[2] https://www.travala.com/
[3] bitrefill.com (To buy HotelsGifts or FlightsGifts GCs)
[4] https://www.cheapflights.com
sr. member
Activity: 1120
Merit: 438
https://bitcointalk.org/index.php?topic=5274318.0
January 05, 2020, 10:57:51 AM
#22
I think it’s depends on which crypto do you use.
And sometimes merchants has payment gateway with bad exchange rate.
Example: you buy something for $10 with bitcoin. Actual bitcoin price at this moment is $10,000. But, the merchants has different bitcoin exchange rate. Usually lower than the actual rate. So you will need to pay more in btc. Also dont forget with the transaction fee.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
January 05, 2020, 10:30:33 AM
#21
Is it worthed to Shop online with crypto instead of Fiat Currrency?

Yep, especially if you earn those crypto from your online services/work then spending it through online shopping with gadgets, rtw, collectibles, online games and voucher is really worth it.

Though never used it on hotels since I don't travel often.
hero member
Activity: 1484
Merit: 516
January 05, 2020, 10:27:03 AM
#20
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


Yes of course buying or using our bitcoin to book flight is good because we don't need to convert our fiat money to bitcoin and i think there's some privalage if we use bitcoins to pay our booking maybe discount .
I didn't heard any stores, shopes, hotels, restaurant or even an airport here in my country in which you can pay bitcoins or altcoins as a mode of payment but I guess if this scenario will happen, like what you have said it is more convenient and easy to use your bitcoins or even altcoins as a mode of payment because you dont have to waste every single time to convert it into fiat. I hope that this will be possible soon for me to be able to use my bitcoins without taking time to convert it into fiat and pay my bills and other financial related agendas.

maybe some countries have accepted crypto as a payment method to shop online, or order online for other purposes such as booking hotels and the like as op said. if this is the case, of course crypto is appropriate to be used as a payment method because it has a very valuable value like the fiat we use
jr. member
Activity: 168
Merit: 2
mada mada dane
January 05, 2020, 10:23:47 AM
#19
I haven't tried buying online using crypto as a mode of payment as in our country only few merchants accept Bitcoin so far. What I am sure is if a merchant is using BTC as payment most probably there would be promos you can avail if you use BTC. In that case, it is more favorable to you as you'll get discounts or probably cashback in using BTC as payment as compare to using fiat or cash payment.
hero member
Activity: 1540
Merit: 508
January 05, 2020, 10:20:25 AM
#18
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


I often use Bitcoin to buy digital services (hosting, domain, server, ...) and it is very convenient for me because i don't have to exchange my money, just use Bitcoin for everythings.
hero member
Activity: 1708
Merit: 541
January 05, 2020, 10:13:21 AM
#17
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?
I don't buy those services with crypto simply because I don't know if there's any travel service accepting crypto and my local service probably will offer better rates. If both conditions are met then I would happily spend my crypto. I used my crypto for other things though, mainly for buying digital goods that don't accept any of my local payment system like gift cards, subscription, etc.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
January 05, 2020, 10:00:32 AM
#16
I never buys ticket flight, booking hotel.. in other case I felt comfortable with paying my bill, pay the services and bought some goods. Crypto helpful in my daily.. so if in case buying online with crypto is worthy.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
January 05, 2020, 09:59:29 AM
#15
I know there are several online stores and services that offer discounts when you buy with bitcoins. I salute this incentive as it will only boost the adoption of cryptocurrencies.
Also AFAIK you can get amazon gift cards with over 10% discounts with BTC from purse io.

If you're planning to make $10k worth of shopping on Amazon that would save you a good $1k - in my opinion that's well worth the time.
legendary
Activity: 1638
Merit: 1033
January 05, 2020, 09:56:51 AM
#14
Who says it's not worth it? the development of crypto is still in increasing adoption so it's still very worth it in my opinion. Even many services and travel that accept hotel reservations, aircraft and other payments with crypto. You can find those sites on Google, crypto is still in the stage of increasing adoption but surely after adoption is successful then you will find more crypto payments. Check out here http://travelwith2ofus.com/11-travel-sites-that-accept-bitcoin-for-flight-and-hotel-bookings.php
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
January 05, 2020, 09:56:07 AM
#13
Do I Get cheaper?

In my experience for travel and hotels you wind up being charged much, much more in many cases. The sites that do it often don't list the cheap airlines. When they do they stick a premium on top.

Elsewhere things are usually the same price unless you mess with people trying to get rid of gift cards.

Not many businesses will have the margins to offer discounts and there's not a great deal in it for them to do so.
jr. member
Activity: 392
Merit: 7
January 05, 2020, 09:52:26 AM
#12
But is that Much better deal that I can use crypto to pay for things but I Can profit out of this by dealing with other people who dont have access or knowhow about crypto?
hero member
Activity: 1498
Merit: 586
January 05, 2020, 09:51:58 AM
#11
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


Yes of course buying or using our bitcoin to book flight is good because we don't need to convert our fiat money to bitcoin and i think there's some privalage if we use bitcoins to pay our booking maybe discount .
I didn't heard any stores, shopes, hotels, restaurant or even an airport here in my country in which you can pay bitcoins or altcoins as a mode of payment but I guess if this scenario will happen, like what you have said it is more convenient and easy to use your bitcoins or even altcoins as a mode of payment because you dont have to waste every single time to convert it into fiat. I hope that this will be possible soon for me to be able to use my bitcoins without taking time to convert it into fiat and pay my bills and other financial related agendas.
full member
Activity: 1060
Merit: 103
January 05, 2020, 09:51:44 AM
#10
I used crypto to buy things in past but not anymore. Every crypto I buy now are intended to be traded to make a profit or hold till I get a good profit. I'd rather buy anything with fiat than to convert it into crypto and buy saving the conversion fees. I have in past lost a great value using crypto when it's prices were low.
hero member
Activity: 2086
Merit: 994
Cats on Mars
January 05, 2020, 09:49:54 AM
#9
For example:  booking hotel or flight with crypto?
Unless there's an special discount for using crypto (or you have a big stash of crypto that you're willing to use to pay for stuff) then no, there's no point in paying those services with crypto. Why spend it now when you can hodl it and expect bigger gains in the long-term?
sr. member
Activity: 1176
Merit: 301
January 05, 2020, 09:46:24 AM
#8
Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


It would be worth it if they would give us some cash back for using crypto rather than Fiat,
But if they wouldn't then why would you even use it since most of us just want to gain profit rather than using it as a currency to pay for anything we see's it as an investment tool.
Pages:
Jump to: