Crypto currency purchases - page 2. | Bitcointalksearch.org

Flydolphine

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Even though I can't buy products directly with Bitcoin on jumia.Bitrefill enables me purchase jumia gift card with Bitcoin or other crypto's.with this I can make as much purchases as I so desire on jumia and it's such an amazing feeling that comes with it.

leonair

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

It is very admirable that you can buy your MacBook with bitcoins. I have bought my smartphone laptop and many other things through bitcoin but never in any case I could pay anywhere through direct bitcoin. In all cases I first converted my bitcoins to fiat and then paid the money to the merchant. Because credit or debit cards are not accepted everywhere in my country till now. So how can I still get bitcoin direct payment facility in my country Huh

But one case where I was able to pay in direct bitcoin was buying domain and hosting from namecheap.com

Quote from: adzino on March 30, 2023, 11:39:17 PM

Nice to see people actually using Bitcoin for everyday purchases. I am sure everyone that holds or owns bitcoin, at one point of their life, made a purchase using bitcoin or other crypto currencies. I have bought some stuffs online with bitcoin. Most of them were digital goods, and the price of those stuffs weren't too much. If you consider indirect purchases, then yes, I have purchased a lot of gift cards to buy things through Amazon, ebay or other stores. I also booked hotels few times using bitcoin.

Currently, various sites are accepting bitcoins, which makes it possible to buy various types of digital goods. And many important tasks including hotel booking, flight ticket booking are being done through various third party websites So this is a very happy aspect for Bitcoin users. But it can be assumed that in the future days it will be possible to use bitcoins everywhere like credit/debit cards

Justtoons

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I can't really give an exact estimate of what I have bought with btc or other crypto coins but there's just one purchase I can give account for.

My car was totaled in an accident in 2018. I am grateful that I did not lose my life. Actually, I opted to just buy a new or I can say an already used car because the old one was beyond repair.
At that time, I paid $25,253.62 USD equivalent 1.84907 bitcoin for my Gl 400 which I had gotten about 0.8 bitcoins from smart contracts. the others I earned as online payment for task and some of which I purchased.

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I could not have replaced my automobile without Bitcoin, which made me incredibly happy. Bitcoin is indeed a great asset to invest in

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Quote from: landheer on March 30, 2023, 10:13:57 PM

bitcoin is a digital currency and of course there is nothing wrong if we use it for payment and if anyone can accept payments using btc.
I personally prefer to sell bitcoin on an exchange and be able to buy something with fiat currency, so basically I prefer bitcoin to be used as an investment asset and when there is profit, I always sell my btc on an exchange and melt it into fiat currency.

Not only you but most people consider bitcoin as an investment rather than a payment method, many people don't want to waste their bitcoins on such expenditures. People who have used bitcoin for payment mostly just for the experience, and only a few do not consider bitcoin as an investment.

To be honest, I've only tried using bitcoin for online payments a few times for testing, but I've never used it to pay at local stores. And in my area, I hardly see any shops that accept bitcoin payments, Bitcoin is not yet popular in my hometown.

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I bought an expensive thing with my earned bitcoin for few years, not literally bitcoin of course, which I had to convert it to fiat. Yeah actually I regret it a bit deep in my heart. Not because of that bought item, but it's my greediness which I think if I could held it a little longer, I might spent less to buy that thing lol.

Quote from: Beparanf on March 30, 2023, 02:38:06 PM

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It’s such a waste to spend Bitcoin on things that loss it’s value overtime because Bitcoin is an investment.

Good point but for some people including me feel that rewarding yourself a fancy thing after worked hardly isn't considered as a waste. Of course it depends on the balance of your earnings and lifestyle.

Quote from: hZti on March 30, 2023, 02:49:11 PM

I have spent many bitcoins a few years ago (ca 2012-2013) in local shops and still think that it was very good for the Bitcoin ecosystem. It is bad for me though obviously but also I could have bought more Bitcoin then so actually I do not regret it. I hope people will also spend more bitcoins in the future, since Bitcoin is a currency and not an asset.

I'm sure all of us have been in the same situation and perhaps still experiencing it every time bitcoin price rises. Though I myself considering bitcoin as an asset instead of currency because of its unstable price.

Supreemo

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the first time i used crypto as mode of payment was when i was paying for the internet bill. the second time was when i purchased a hard drive, I wasn't really planning on paying through bitcoin that time but i didn't have any other option coz i also didn't have paypal account. luckily they accepted it as an option, but even until now i'm still regretting why i did that. i think the bitcoin i spent was around 0.15 or 0.1 something. during those times i keep regretting my decision but i just console my self for using bitcoin as what it was intended, but it's still leaving a bitter taste on my mouth hihihi.

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Quote from: rozak on March 30, 2023, 11:25:27 PM

Quote from: landheer on March 30, 2023, 10:13:57 PM

bitcoin is a digital currency and of course there is nothing wrong if we use it for payment and if anyone can accept payments using btc.
I personally prefer to sell bitcoin on an exchange and be able to buy something with fiat currency, so basically I prefer bitcoin to be used as an investment asset and when there is profit, I always sell my btc on an exchange and melt it into fiat currency.

so I'm not sure around you there are providers of services and goods that do accept payments with Bitcoin. therefore you will more often sell your Bitcoin for Fiat which can be traded easily.
but for some countries that have legalized Bitcoin as a means of payment, there are quite a few service providers and goods available. they can use Bitcoin for transactions, and it will be more fun because they buy without having to sell their Bitcoin and withdraw fiat first before making purchases of goods and services.

from several countries that have legalized bitcoin, not everything goes smoothly, for those who are old it is difficult to keep up with the times. and we know that for countries that legalize it, most of them are from countries that are experiencing economic difficulties, but at least for countries that have legalized it, of course there will be more people who have bitcoin, and when bitcoin experiences a pump, this can help the economy, regardless of how to use bitcoin to buy something

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Nice to see people actually using Bitcoin for everyday purchases. I am sure everyone that holds or owns bitcoin, at one point of their life, made a purchase using bitcoin or other crypto currencies. I have bought some stuffs online with bitcoin. Most of them were digital goods, and the price of those stuffs weren't too much. If you consider indirect purchases, then yes, I have purchased a lot of gift cards to buy things through Amazon, ebay or other stores. I also booked hotels few times using bitcoin.

rozak

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Quote from: landheer on March 30, 2023, 10:13:57 PM

bitcoin is a digital currency and of course there is nothing wrong if we use it for payment and if anyone can accept payments using btc.
I personally prefer to sell bitcoin on an exchange and be able to buy something with fiat currency, so basically I prefer bitcoin to be used as an investment asset and when there is profit, I always sell my btc on an exchange and melt it into fiat currency.

so I'm not sure around you there are providers of services and goods that do accept payments with Bitcoin. therefore you will more often sell your Bitcoin for Fiat which can be traded easily.
but for some countries that have legalized Bitcoin as a means of payment, there are quite a few service providers and goods available. they can use Bitcoin for transactions, and it will be more fun because they buy without having to sell their Bitcoin and withdraw fiat first before making purchases of goods and services.

wxa7115

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

It is a difficult question to answer as I have not kept track of every single transaction that I have made and I do not know how much bitcoin I have spent over the years, however I have bought all kind of things which range from software, books, electronics and I have paid for several services with bitcoin too.

Basically even if make an effort to try to hold my bitcoin for as long as possible, at the same time it is not as if I am against the idea of using my bitcoin when I need it.

Iranus

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Quote from: hZti on March 30, 2023, 02:49:11 PM

I have spent many bitcoins a few years ago (ca 2012-2013) in local shops and still think that it was very good for the Bitcoin ecosystem. It is bad for me though obviously but also I could have bought more Bitcoin then so actually I do not regret it. I hope people will also spend more bitcoins in the future, since Bitcoin is a currency and not an asset.

Although bitcoin is being seen as an investment instrument rather than a means of payment, if in the future it becomes more popular and accepted by businesses, its use as a means of payment will also become popular. People don't want to spend their bitcoin right now because everyone has the desire to get rich, so there's no blame on them. But when they make a profit or bitcoin reaches a stable price, people will also spend their bitcoin. Bitcoin will remain a currency in the future.

landheer

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bitcoin is a digital currency and of course there is nothing wrong if we use it for payment and if anyone can accept payments using btc.
I personally prefer to sell bitcoin on an exchange and be able to buy something with fiat currency, so basically I prefer bitcoin to be used as an investment asset and when there is profit, I always sell my btc on an exchange and melt it into fiat currency.

benalexis12

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Right now, I'm not at that point yet, instead I'm currently in the process of saving bitcoin because I'm really preparing for the bitcoin halving so I can experience the feeling that the value of my savings will grow high in the future and I can really see if Why is it more than a bank?

This is what crypto enthusiasts often say here in the field of crypto space. Something that I also believe honestly speaking that's why I am applying for DCA also with this belief of mine.

blockman

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Many things but it has to be converted by the third-party service that online shop I used to shop with. But I guess the main and important thing is to pay bitcoin with every purchase right? So it doesn't matter if they convert it to fiat automatically upon purchase as long as the transaction goes through. IIRC, most purchases that I make with bitcoin weren't that expensive, they usually go around converted in fiat from $10-$100 and those things that I shop online are only the necessary things. It's convenient since it's allowed by the shop that I usually go to online and I'll just have to wait within a few days and the package will arrive. Cool

Yeah, the quantity may be a lot before the bull run but that's the purpose of bitcoin, it's for paying stuff so don't forget to treat yourself while holding a lot.

PX-Z

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Lots of my things i've bought using bitcoin or with bitcoin or funds from bitcoin converted to fiat. Both physical and digital. The last time i bought a bit expensive was 2019 that was a laptop ^{(acer i7 7th gen),} well, that's few years ago already. Then just last month a digital items like steam wallet, domains related items and other inexpensive stuffs since i have my priorities than for my self already.

Fivestar4everMVP

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Would have been more interesting if you added the year this purchase happened, 0.029 btc in this current price is about $800, though I don't know the type of Mac you bought or the region where you bought it from, but that's a bit pricey though.

For me, my last bitcoin purchase transaction was last year(2022) around June or so, I spent about $650 in bitcoin to purchase a motor bike, right now, I can't really remember what was the price of bitcoin at that time, or how much Bitcoin was worth $650 at the time, but then, this was the last thing I bought with full payment in bitcoin..

I am hoping to spend some bitcoin on some purchases again soon though.

Ever-young

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Have not purchased any physical thing that I can remember with Bitcoin.. but I have used Bitcoin earning and gain from different sets of work to add up little money which I have saved up to get my self a new PC..
So I can't generally say I purchased something with Bitcoin, but it helped me complete my little fait holding to purchase something I was really in need of.

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Lots, PC, gadgets, laptop, Keyboard (not the keyboard for computers) Aircondition, Refrigerator, stoves, etc. I can't recall how much BTC I spent in total since I have been using Bitcoin to purchase and pay for stuff since 2015 until today. I already adopted Bitcoin as a mode of payment and keep on using it for payment mode. I believe, aside from holding, it is best to spend Bitcoin in order to fuel its economic growth.

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I buy scripts with Crypto, get paid in crypto, although too rarely.

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Quote from: Edcrypto91 on March 30, 2023, 02:31:38 PM

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Bitcoin and other cryptocurrencies are restricted in my country making it some how complicated to buy any product using them within the country. Although some persons have purchased good in some Bitcoin friendly nations from my country and the product was safely delivered, I have never paid for anything using Bitcoin. I have been hodling my Bitcoin investment and have no intention of selling or using them for transactions because they are my investment. I might consider using my Bitcoin for transactions if I go to a more friendly nation or my government lifts the restrictions.

Topic: Crypto currency purchases - page 2. (Read 318 times)