I have never and have never transacted with bitcoin in the real world, because in my country I still don't really understand how bitcoin itself works if it is used as an alternative payment instrument,
if you don't have digital money, there's no doubt that everyone has done it, even if it's only once in a month or even a year
Topic: How often do you transact in the real world with your bitcoin or digital money? - page 4. (Read 1044 times)
May 31, 2022, 05:56:32 PM
May 31, 2022, 01:20:04 PM
I don't often do transactions in the real world with bitcoin but I've done the same thing several times with you guys and even a close friend from the cryptocurrency circle, I bought a cell phone and some clothes on an offer from a friend but he applied for payment using Bitcoin of course very happy with that I agree and I just want to try with the transaction and it does look simpler than fiat money.
In essence, if you are around friends who have the same profession as us as traders or are already familiar with crypto, then we need more things from friends. Simpler payments with P2P altcoins are also possible.
For the most part I think this is the most common scenario, when it comes to making online payments many users in the forum do so with some frequency, but when it comes to using our bitcoin in the real world then our experience is very limited as the rate of adoption is still on the low side.In essence, if you are around friends who have the same profession as us as traders or are already familiar with crypto, then we need more things from friends. Simpler payments with P2P altcoins are also possible.
However I am also seeing a very slow improvement where I live and a few more business are accepting bitcoin as a payment, so I hope we come to the point in which this becomes quite common and no one thinks anything about someone paying with bitcoin at a physical store.
May 31, 2022, 10:49:37 AM
I don't often do transactions in the real world with bitcoin but I've done the same thing several times with you guys and even a close friend from the cryptocurrency circle, I bought a cell phone and some clothes on an offer from a friend but he applied for payment using Bitcoin of course very happy with that I agree and I just want to try with the transaction and it does look simpler than fiat money.
In essence, if you are around friends who have the same profession as us as traders or are already familiar with crypto, then we need more things from friends. Simpler payments with P2P altcoins are also possible.
In essence, if you are around friends who have the same profession as us as traders or are already familiar with crypto, then we need more things from friends. Simpler payments with P2P altcoins are also possible.
May 31, 2022, 02:04:15 AM
Here in my own country, not a lot of merchants are actively accepting cryptocurrency though there are now some but mostly are into luxury items and not everyday things we are usually consuming. In other words, people who are into Bitcoin here and even with alts are doing so as part of the speculative crowd. And I am not so sure if there can be some changes on this scenario in the next few years...especially if the supposed plan of the government to be taxing cryptos can be in place.
May 31, 2022, 01:58:42 AM
It was basically a bad method that I learned about it. I was looking for any money to make, like anything at all because I was too poor at the time.
I was going around online trying to find ways to make money and it wasn't always great methods, it was never illegal, never scamming anyone, but it wasn't glorified stuff neither, like farming gold in games and so forth, spent like 18 hours a day on some weird games that I did not even like, I wouldn't play them if there wasn't money in it, but the gold worth something and I could make like 4-5 dollars a day from it and for me that was good. Then I learned about bitcoin and 4-5 dollars daily never became a subject again, I made so much more here.
I was going around online trying to find ways to make money and it wasn't always great methods, it was never illegal, never scamming anyone, but it wasn't glorified stuff neither, like farming gold in games and so forth, spent like 18 hours a day on some weird games that I did not even like, I wouldn't play them if there wasn't money in it, but the gold worth something and I could make like 4-5 dollars a day from it and for me that was good. Then I learned about bitcoin and 4-5 dollars daily never became a subject again, I made so much more here.
May 30, 2022, 06:58:21 PM
If it's an official purchase with Bitcoin then it's the first time I've bought a simple 2-wheeler in mid-2020, a 1975 classic motorcycle belonging to a friend first. At that time the price was pegged at around $1000 in Bitcoin when the price was around $11K and if I'm not mistaken, transactions using P2P exchanges after the goods arrived home.
Good, you've made a bitcoin transaction with your friend buying a 2-wheeler. I don't have similar experience, and I've spend cashing out bitcoin instead. Maybe if I request to pay with bitcoins, now many businesses will accept. Earlier I've tried and they were hesitant to it. One incident happened back in 2017, I tried to convince a computer store to accept bitcoin as payment. He ignored, and maybe now he could regret it.Bitcoin environtment has not built really strong yet , once there is a huge company along with its government like facebook & USA walk side by side to make this happened ... well the price of bitcoin could skyricketed really wild and you can of course transact your bitcoin as often as you wish.
May 30, 2022, 06:44:54 PM
If it's an official purchase with Bitcoin then it's the first time I've bought a simple 2-wheeler in mid-2020, a 1975 classic motorcycle belonging to a friend first. At that time the price was pegged at around $1000 in Bitcoin when the price was around $11K and if I'm not mistaken, transactions using P2P exchanges after the goods arrived home.
Good, you've made a bitcoin transaction with your friend buying a 2-wheeler. I don't have similar experience, and I've spend cashing out bitcoin instead. Maybe if I request to pay with bitcoins, now many businesses will accept. Earlier I've tried and they were hesitant to it. One incident happened back in 2017, I tried to convince a computer store to accept bitcoin as payment. He ignored, and maybe now he could regret it.In general perspective it isnt really that bad on using up for some transactions but if you do really mind on having that potential profits in the future or via means of investment.
In my case, i never intent to make use of my coins and i do save it as much as i could or i can because we know the benefits that it could give.
Transact on fiat if you are liking to buy something.
May 30, 2022, 05:38:21 PM
If it's an official purchase with Bitcoin then it's the first time I've bought a simple 2-wheeler in mid-2020, a 1975 classic motorcycle belonging to a friend first. At that time the price was pegged at around $1000 in Bitcoin when the price was around $11K and if I'm not mistaken, transactions using P2P exchanges after the goods arrived home.
Good, you've made a bitcoin transaction with your friend buying a 2-wheeler. I don't have similar experience, and I've spend cashing out bitcoin instead. Maybe if I request to pay with bitcoins, now many businesses will accept. Earlier I've tried and they were hesitant to it. One incident happened back in 2017, I tried to convince a computer store to accept bitcoin as payment. He ignored, and maybe now he could regret it. 
May 30, 2022, 05:07:00 PM
I've nevershoping with bitcoin , just buy all about crypto in exchange
but digital money you mean paypal and atm almost every day I use it to shop online,
and the rest I study with fiat
but digital money you mean paypal and atm almost every day I use it to shop online,
and the rest I study with fiat
May 30, 2022, 04:48:43 PM
This may be something good but in this case I prefer to use paper money or maybe in another form like Fiat (Because in my country it is still crowded and still the main thing) and maybe paypal.
The reason is very simple, I don't like spending my assets here and I still want to keep them longer
But maybe it wouldn't hurt to give this a try just to get a feel for what it's like to shop using bitcoin from Portopolio.
The reason is very simple, I don't like spending my assets here and I still want to keep them longer
But maybe it wouldn't hurt to give this a try just to get a feel for what it's like to shop using bitcoin from Portopolio.
May 30, 2022, 10:27:25 AM
I barely have enough to hodl let alone to buy stuff with. Yeah am struggle to save every btc i can lay my hands on at the moment so spending it on items is out of the question for now. I have actually done few transaction previously just to text things out, recently i came across one of transaction i made and i did a calculation with present btc price and you won't believe the dollar price has really appreciated.
All i want for now is hodl onto every little btc i have and spending it now will feel am letting go of my future financial freedom.
All i want for now is hodl onto every little btc i have and spending it now will feel am letting go of my future financial freedom.
May 30, 2022, 10:00:07 AM
If it's an official purchase with Bitcoin then it's the first time I've bought a simple 2-wheeler in mid-2020, a 1975 classic motorcycle belonging to a friend first. At that time the price was pegged at around $1000 in Bitcoin when the price was around $11K and if I'm not mistaken, transactions using P2P exchanges after the goods arrived home.
May 30, 2022, 09:59:49 AM
so I often transact with my friend using bitcoin.
while this perfectly work out for you, I seldomly make payment in bitcoin else if i wanted to exchange it using p2p and i see the reason to that much because in my own locality there are not much businesses that i found accepting bitcoin except for some online purchase, while i may not as well have a number of friends that accept bitcoin as well, i only make use of the investment opportunity in it and perform a p2p exchange when need arises, but in your case OP i think that will help increase more adoption within your locations because if the influence you and your friends have created about using bitcoin for your payment and i hope some to as well develop such within my reach.
May 30, 2022, 08:54:24 AM
'Never'
The fact is it is indeed hard to find places that accepts Bitcoins and other cryptocurrencies therefore very often I have to switch it up, choose something else but then again I use Bitcoins as an investment for short term which means, whatever money am getting from the campaigns, I usually put in my wallet and then encash when I need it, there is not much scope of keeping it for long periods of time since at the end of the day, it's the only job I have and due to war in Ukraine, 'The most important ' one as well. Which inturn have led me to love the forum much more and consider my job a gift from God. Also there aren't many facilities available at the place I live regarding where I can use the bitcoins without converting it.
The fact is it is indeed hard to find places that accepts Bitcoins and other cryptocurrencies therefore very often I have to switch it up, choose something else but then again I use Bitcoins as an investment for short term which means, whatever money am getting from the campaigns, I usually put in my wallet and then encash when I need it, there is not much scope of keeping it for long periods of time since at the end of the day, it's the only job I have and due to war in Ukraine, 'The most important ' one as well. Which inturn have led me to love the forum much more and consider my job a gift from God. Also there aren't many facilities available at the place I live regarding where I can use the bitcoins without converting it.
May 30, 2022, 08:19:49 AM
Almost never, unfortunately the people around me who play an active role in the crypto field don't have a sales and service business that accepts bitcoin. In addition, people around are still reluctant to reveal their crypto activities because of various negative assumptions from ordinary people.
May 30, 2022, 08:06:34 AM
have you guys done it too and what items have you recently bought with bitcoin payments?
How often do you transact in the real world with your bitcoin or digital money?
There's a somewhat known store in my area that sells computer-related stuff and I usually go there a few times a year... Even though it gives me a great deal of satisfaction to be able to directly pay for something with BTCitcoin, they tend to sell their products at a premium [in other words, I only go there if I really have to purchase a product that I couldn't find in other stores].How often do you transact in the real world with your bitcoin or digital money?
Maybe I'll also try asking the shop owner if he knows crypto and accepts crypto as payment.
Make sure to approach the owner when other people are not around to minimize the risk [in case the wrong person hears your conversation]!Many merchants probably don't want to reveal that they accept crypto, because of some sort of "crypto is a scam" stigma, which might hurt their legitimacy.
That's unfortunately true, but perhaps they're also scared of becoming someone else's target... May 30, 2022, 07:22:59 AM
Funny enough this was when I didn't even know anything about bitcoin and someone might ask how. I remember mentioning in some of my other posts how a friend or colleague actually introduced me to Bitcoin but we were to use it to pay for a service online which we did back in 2016 I guess but since I really came to know Bitcoin, I haven't spent it directly on paying for anything lately and really no shops that accept Bitcoin in my immediate area too.
May 30, 2022, 06:20:31 AM
In my country I can't do bitcoin transactions, I have bitcoins but I have to convert to dollars and shop using dollars I've never done transactions using bitcoin directly, hopefully one day I can make transactions using bitcoin.
May 30, 2022, 04:48:21 AM
Physical shops where you can pay with Bitcoin are generally very rare, unless we are talking about some crypto oases like Arnhem in the Netherlands or that in theory Bitcoin should be a means of payment in every physical store in El Salvador. Everything else is just an exception, but in the online world things are completely different and the choice is far greater.
If the real world is the one online, then I can say that I often buy things in that world - although due to taxes and customs I am based exclusively on what I can buy within the EU or locally. Over the years I have bought really different things like TVs, smartphones, various gadgets and even food and drinks that I paid for with Bitcoin.
It's not that hard if you have an online store that allows you to pay for everything with Bitcoin (and some altcoins), and the choice goes from a simple bag of chips to auto parts or some expensive electronics.
If the real world is the one online, then I can say that I often buy things in that world - although due to taxes and customs I am based exclusively on what I can buy within the EU or locally. Over the years I have bought really different things like TVs, smartphones, various gadgets and even food and drinks that I paid for with Bitcoin.
It's not that hard if you have an online store that allows you to pay for everything with Bitcoin (and some altcoins), and the choice goes from a simple bag of chips to auto parts or some expensive electronics.
May 30, 2022, 03:26:31 AM
I had one very pleasant gift purchase, which played a certain role not only for me but also for the seller.
Yes, I bought a gift for myself and my child by purchasing a thoroughbred kitten from my friends. I told them a lot about bitcoin, and so that they had some idea about bitcoin, I helped them create a wallet and told them all the necessary points. Friends simply did not want to spend their money on buying bitcoin, but in such a payment, they found it interesting.
Now my friends are not only watching the growth of their kitten but also waiting for their "cat" to grow in the price of bitcoin.
Yes, I bought a gift for myself and my child by purchasing a thoroughbred kitten from my friends. I told them a lot about bitcoin, and so that they had some idea about bitcoin, I helped them create a wallet and told them all the necessary points. Friends simply did not want to spend their money on buying bitcoin, but in such a payment, they found it interesting.
Now my friends are not only watching the growth of their kitten but also waiting for their "cat" to grow in the price of bitcoin.
Jump to: