Topic: Most BTC you've spent on something? (Read 1297 times)
Back then 2017 during the bull market , The biggest purchased with crypto I have is buying a decent car for myself. I spent around 9k usd for a car, It was my dream car and I'm happy I purchased it using the bitcoins and altcoins I earned. Though It was a financial mistake I did since I can't support the maintenance and most of my assets were drained because of it and the bear market of course. I'm happy I bought that much valuable with crypto I earned also sad that I liquidated my assets just because of that liability. I learned on a hard way and I never repeat that mistake again, Last bull market I only purchased assets that generate me more income.
The most?
Well, I think that it was on this April 2022, this is not the first time, but this is the most I think, and the most memorable cash out for me.
When the price was around $45k. I did cash out of Bitcoin for several needs related to the birth of my second child, especially the birth process through surgery, so it cost quite a lot. At least at that time, I had to cash out around 0.023 and several other amounts several times. I once regretted why I didn't cash out earlier just in case when the Bitcoin price was still quite high. However, it was all over and at that time it really cost money. There are no more regrets, because of this, our child was born safely and we were able to provide for her needs.
Well, I think that it was on this April 2022, this is not the first time, but this is the most I think, and the most memorable cash out for me.
When the price was around $45k. I did cash out of Bitcoin for several needs related to the birth of my second child, especially the birth process through surgery, so it cost quite a lot. At least at that time, I had to cash out around 0.023 and several other amounts several times. I once regretted why I didn't cash out earlier just in case when the Bitcoin price was still quite high. However, it was all over and at that time it really cost money. There are no more regrets, because of this, our child was born safely and we were able to provide for her needs.
How time flies. I remember me first purchase with btc was from a friend then and that was far back as 2015 when I wanted to show my friend how it works. After onboarding him he was doubting how it works so I asked him if he would reach a deal with me and that I do not mind doing a give away as he is my friend and that it gives me joy proving things to him to clear his doubt and he agreed to the arrangement. So I asked him if there is anything he wants to sell as at that time and he said yes so he brought out a phone which he has and wanted to dispose it off. So I asked him to send me his wallet address and he did I transferred the Bitcoin equivalent Base on our agreement. He sold it to me for $170 and an equivalent of that was transferred in Bitcoin to him. That was my first physical barter or purchase if you may like though I have been doing transactions long before then with Bitcoin but this one I did with him seems remarkable and sets the record straight which made me feel a kind of joy internally to have do a physical transaction so one can see as it was his first time.
Early adopters can hold bitcoin until today or last year's ATH. Honestly, very few people can do it, the number can only be counted on the fingers. If you are in the case, you buy bitcoin for $2000 then when bitcoin hits 10k or 20k I believe you sold it too.
As you said, the average bitcoin will be sold when the holder realizes that its price has increased by more than 200% of its purchase price including myself and other users. Some of them agree to hold it especially if they firmly believe bitcoin can do something unbelievable, but that's in the minority.I don't believe you can hold them until today, because no one can predict how high the bitcoin price can go until that happens. Similar to now if people buy bitcoin for 20k, I believe when bitcoin hits 100k, they will sell and not hold, because no one knows what will happen next. As long as bitcoin has been profitable for us there is no regret.
I also don't believe the majority will hold bitcoins if they hit $100K, but someone out there might be willing to do it and it certainly is.About the OP's question, I don't directly spend bitcoin on goods or services because bitcoin is not a legal payment system in my country. But for something I do online, it's always possible even if I have to be silent.
I bought a plot of land in 2017 @ $1K value of BTC then when the price of bitcoin reached an ATH of $19K, I took the decision based on the fact that Land is an asset which does not depreciate but rather it fiat value increases with time that was one of the best decision I took which paid off, that property is still available where I hope to build a house on it though it selling price had increased tremendously if wanted to resale, though the price of bitcoin later reached another ATH at $68K in view of that I don't have any regret for boldly withdrawal of bitcoin from wallet to purchase the land.
For now mostly for paying bills, only ever used about 0.5BTC of the earn from trades, 2018 to start a business but it didn't go as planned, so decided to sell the equipment purchased to start the business because there was an emergency that had to be resolved.
The valuable lesson is that saving BTC is more profitable than using it because intend to get more BTC which in reality only makes us lose more
The valuable lesson is that saving BTC is more profitable than using it because intend to get more BTC which in reality only makes us lose more
Not all people have purchased Audis and houses lmao. Not all people are rich like that. As I mentioned, I usually pays my internet bill through Bitcoins. And no matter what’s the price of the coin at the moment, I cash out every month to pay these bills. I have spent most BTC at once in 2018, when I wanted to build a gaming PC . I spent around 2000$ USD and at that time it was around 0.5 BTC.
Of course, I didn't mean to refer to everyone here. But definitely there are people living the life with their stash
From some of the writings I've read, most BTC is very useful for adding family amenities. If the government is aware that BTC is able to improve the economy of its citizens, they should be happy and provide rules that support BTC and crypto.
The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
Bitcoin can help improve their economy I also feel how the need can be helped by selling a few bitcoins in the past and finally getting what I want even though I am still working but earning from bitcoin while holding it can help me when I am emergency or other needs so the story behind bitcoin they can meet the needs as long as they know bitcoin.The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
I also heard a lot of stories from people, they can buy a car, buy a house, motorbike, electronics, go on vacation, and many other things so it is very clear that bitcoin is very useful for those who every invest or earn in bitcoin.
and my experience of transacting using bitcoin as I mentioned in this thread before, and at that time I had to use bitcoin by accident and also for some reason, and honestly I've bought a lot of things from bitcoin by exchanging it for fiat because in the country where I live bitcoin or crypto is only allowed for investment and trading and is not allowed for transactions, except for personal fellow bitcoin users. And I can renovate my parents house and buy a motorbike from bitcoin and that is the biggest expense in my opinion, and I can make them happy before marriage, and I also use some of the profits from bitcoin for my marriage capital, bitcoin is really a blessing for I.
From some of the writings I've read, most BTC is very useful for adding family amenities. If the government is aware that BTC is able to improve the economy of its citizens, they should be happy and provide rules that support BTC and crypto.
The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
Bitcoin can help improve their economy I also feel how the need can be helped by selling a few bitcoins in the past and finally getting what I want even though I am still working but earning from bitcoin while holding it can help me when I am emergency or other needs so the story behind bitcoin they can meet the needs as long as they know bitcoin.The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
I also heard a lot of stories from people, they can buy a car, buy a house, motorbike, electronics, go on vacation, and many other things so it is very clear that bitcoin is very useful for those who every invest or earn in bitcoin.
From some of the writings I've read, most BTC is very useful for adding family amenities. If the government is aware that BTC is able to improve the economy of its citizens, they should be happy and provide rules that support BTC and crypto.
The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
The little story about BTC that I have is trying to hold back. But I can't because there is a need that can't be enough with a salary. One thing I remember most was using 0.15BTC to suffice the birth of my child in September 2018. In addition, I used to also take some for my wedding expenses in 2017. In addition, the last one I used to make a small house for my family, although I was still helped from my parents.
When I had Bitcoin the market for Bitcoin was under two thousand dollars. At that time I had more than 2 bitcoins. Sadly I sold all my bitcoins at that time and bought my favorite bike. If I had those three bitcoins now, I would be a millionaire.
It means that you have been familiar with Bitcoin for a very long time, but why did you only enter the forum this year? In fact, if you enter this forum earlier and have a good discussion, your chances of getting more benefits are also very large and I think you also don't have to regret about the Bitcoins that you have given up in the past just for the sake of a favorite bike because at that time that you also do not mind to exchange Bitcoin just for a bicycle.Early adopters can hold bitcoin until today or last year's ATH. Honestly, very few people can do it, the number can only be counted on the fingers. If you are in the case, you buy bitcoin for $2000 then when bitcoin hits 10k or 20k I believe you sold it too. I don't believe you can hold them until today, because no one can predict how high the bitcoin price can go until that happens. Similar to now if people buy bitcoin for 20k, I believe when bitcoin hits 100k, they will sell and not hold, because no one knows what will happen next. As long as bitcoin has been profitable for us there is no regret.
I am trying to remember it well, but I am sure it is from 2017 or 2018. I bought a Smart TV($500), a washing machine($102), and an android phone($200) using the bitcoin I earned. The price of Bitcoin at that time I purchase as it has yet to hit $17K. I converted my BTC and cashed out it to purchase these appliances and devices. I also bought computer peripherals, and mostly my earnings were spent on having a date with my girlfriend. I am glad I could purchase this thing (the phone is already dead), and I still use it.
Don't mind the background, please, as I couldn't find the photos when this was new, and it was still in the box.
Don't mind the background, please, as I couldn't find the photos when this was new, and it was still in the box.
Compared to Audis and big houses from some people here, mine's pretty small.
Just some virtual (CSGO) skins during the 2017 bull run. I was looking at around $400+ and was like damn, could get me a sweet knife.
Just some virtual (CSGO) skins during the 2017 bull run. I was looking at around $400+ and was like damn, could get me a sweet knife.
Not all people have purchased Audis and houses lmao. Not all people are rich like that. As I mentioned, I usually pays my internet bill through Bitcoins. And no matter what’s the price of the coin at the moment, I cash out every month to pay these bills. I have spent most BTC at once in 2018, when I wanted to build a gaming PC . I spent around 2000$ USD and at that time it was around 0.5 BTC.
When I had Bitcoin the market for Bitcoin was under two thousand dollars. At that time I had more than 2 bitcoins. Sadly I sold all my bitcoins at that time and bought my favorite bike. If I had those three bitcoins now, I would be a millionaire.
It means that you have been familiar with Bitcoin for a very long time, but why did you only enter the forum this year? In fact, if you enter this forum earlier and have a good discussion, your chances of getting more benefits are also very large and I think you also don't have to regret about the Bitcoins that you have given up in the past just for the sake of a favorite bike because at that time that you also do not mind to exchange Bitcoin just for a bicycle. 
When I had Bitcoin the market for Bitcoin was under two thousand dollars. At that time I had more than 2 bitcoins. Sadly I sold all my bitcoins at that time and bought my favorite bike. If I had those three bitcoins now, I would be a millionaire.
60btc for a early gen asic in ~2014
no regrets. (even though i didnt get full ROI)
lessons learned and over all a drop in the ocean in the scheme of things over the last 10 years
no regrets. (even though i didnt get full ROI)
lessons learned and over all a drop in the ocean in the scheme of things over the last 10 years
Bitcoin, I really have not made any good thing out of that coin because since 16 August 2018 since I was introduced to crypto were I was mining with my PC and earning little Satoshi. Until when I was gifted 0.00386btc then 1btc was 6221$ I can remember very well. Then it was worth 24$ showing on my hitbtc exchange which was my first wallet in Crypto. Immediately withdrawn and concerted it to my local currency with the help of my school mate. I used the money to pay for me and my 2 friends lunch in school telling them I finally benefited from crypto and btc is paying for our lunch.
Since I started investing 30% of my salary into Bitcoin, I have never sold. All I wanted was to hold more and more Bitcoin but am glad because lately I have been able to get a new cell phone with the money I sold out from a little portion of my Bitcoin. Is like the fruit of my labour being reap . Once I saw this thread, first thing that came to my mind was, "wow! So I could really be among the people saying they have spent Bitcoin on something too". I read through the comments and I see that lots of people have spent Bitcoin in accordance to their desire. It really feels nice.
Compared to Audis and big houses from some people here, mine's pretty small.
Just some virtual (CSGO) skins during the 2017 bull run. I was looking at around $400+ and was like damn, could get me a sweet knife.
Just some virtual (CSGO) skins during the 2017 bull run. I was looking at around $400+ and was like damn, could get me a sweet knife.
A whole computer set with a computer table.
It was back in 2018 where I converted all my Bitcoin holdings just to buy a computer set. If I remember correctly, I spent around 0.1-0.15 Bitcoin just to buy the whole set plus the table. It was around $3400-$3500 when I converted it into our own currency.
Until now there is a bit of regret into my mind and asking "What if I didn't bought that computer set and table now? I might buy more and better computer set this year 2022." but what's done is done and the only thing that I can do is to move on and think about the future.
It was back in 2018 where I converted all my Bitcoin holdings just to buy a computer set. If I remember correctly, I spent around 0.1-0.15 Bitcoin just to buy the whole set plus the table. It was around $3400-$3500 when I converted it into our own currency.
Until now there is a bit of regret into my mind and asking "What if I didn't bought that computer set and table now? I might buy more and better computer set this year 2022." but what's done is done and the only thing that I can do is to move on and think about the future.
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