My second purchase with bitcoin | Bitcointalksearch.org

LUCKMCFLY

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Quote from: Tumanggor on February 04, 2022, 02:16:46 AM

Quote from: Imran232 on December 16, 2021, 12:18:49 PM

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I paid 0.00053btc for this Fantech KX-302s Mouse and Keyboard Combo Pack today.

I feel really happy because, for the second time, I used Bitcoin again to purchase a physical product. Though I used it first as a restaurant bill at my friend's restaurant, where any crypto is not accepted, I just personally sent it to him because he wanted it. Second, one of my online friends who is interested in cryptography and whose aim is also to be a bitcoin merchant when bitcoin is accepted in our country. He will be a bitcoin merchant too for his tech shop. Today I bought a keyboard and mouse combo for $26, which accumulated to 2200 tk of our native currency and 0.00053 I sent to him directly to his personal account. It feels so fast, though I use the centralized method of Coinbase Friends to Friends, so I don't need to pay any fees either. I'm hoping that I'll be able to go to a merchant soon and get my product as well.

P2P bitcoin payments are the best way to do in countries that do not yet recognize Bitcoin as a means of payment

I also made several transactions using the P2P method with friends who have a business selling clothes and pants, and we do everything directly or the term is COD

my friend is also very happy if he is paid with Bitcoin because he realizes that the price will continue to rise, and he is very excited when he hears the price of Bitcoin goes down, he says when the price of bitcoin goes up then I make a big profit Cheesy

It is incredible the ways they have to do business with BTC, especially when it comes to purchases, this in other developed countries is something normal, however I have been able to make some purchases on the internet and basically on localbitcoins.com, to acquire goods and services , recently I was able to pay another user in btc through localbitcoins to pay me for a directv account that I cannot pay in my country, that belongs to another country but that the signal still comes out due to the proximity, when verifying that the person paid what I did was release the fraction of BTC, I think that things are also possible through this medium.

Tumanggor

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Quote from: Imran232 on December 16, 2021, 12:18:49 PM

~

I paid 0.00053btc for this Fantech KX-302s Mouse and Keyboard Combo Pack today.

I feel really happy because, for the second time, I used Bitcoin again to purchase a physical product. Though I used it first as a restaurant bill at my friend's restaurant, where any crypto is not accepted, I just personally sent it to him because he wanted it. Second, one of my online friends who is interested in cryptography and whose aim is also to be a bitcoin merchant when bitcoin is accepted in our country. He will be a bitcoin merchant too for his tech shop. Today I bought a keyboard and mouse combo for $26, which accumulated to 2200 tk of our native currency and 0.00053 I sent to him directly to his personal account. It feels so fast, though I use the centralized method of Coinbase Friends to Friends, so I don't need to pay any fees either. I'm hoping that I'll be able to go to a merchant soon and get my product as well.

P2P bitcoin payments are the best way to do in countries that do not yet recognize Bitcoin as a means of payment

I also made several transactions using the P2P method with friends who have a business selling clothes and pants, and we do everything directly or the term is COD

my friend is also very happy if he is paid with Bitcoin because he realizes that the price will continue to rise, and he is very excited when he hears the price of Bitcoin goes down, he says when the price of bitcoin goes up then I make a big profit Cheesy

Albescent

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Quote from: TheGreatPython on January 28, 2022, 11:21:36 AM

Quote from: Slow death on January 28, 2022, 07:01:04 AM

Quote from: Mauser on January 28, 2022, 06:24:10 AM

I am also looking to upgrade my PC system but prices are so high at the moment that I am just not that comfortable. The most important component for me is a new GPU which are expected to rise another 15% this year. If prices recover soon I might sell some of my alt coins for the new PC.

why don't you just do the following

take $100 and invest LTC now and in a few months when it rises together with bitcoin it will have a price of $300 and with that you would have 300$ so you would already have money to buy parts for your pc without having to spend a lot of money

He have altcoins with him that he wants to sell and I suppose when he said altcoins, that already includes ltc or if not then he can sell those alts first or convert them into ltc. No doubt that ltc is a good coin better than most altcoins today.

LTC is often compared to as a silver bitcoin so chances are when btc recovers, ltc can also follow or vice versa. 300 usd looks so small though and might not be enough because his aim is to buy quality parts better than what he was using and if that is a latest product , that will surely be expensive for now although he can always re invest the 300 dollars and repeat the process till he get his desired amount.

LTC is indeed a great choice and I must agree that it is very similar to bitcoin as both of them are based on the same underlying blockchain and verification methods. However, there are some key differences that should also be paid attention to.

Kakmakr

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Well, I am happy that you did a transaction, but unfortunately that transaction only occurred in the internal Exchange database and not on the actual Bitcoin Blockchain. It is not a train smash, but you cannot compare the speed of the internal Exchange database with actual Bitcoin transaction confirmation on the Blockchain. (The transaction on the legacy Bitcoin Blockchain will take much longer)

Your next goal should be to setup a Lightning Network node to do a LN transaction between your friend and yourself, because that will show you what Bitcoin transactions can be, if you focused on transaction speed and low transaction cost.

Question : Have you ever transferred any bitcoins from a Bitcoin address to another Bitcoin address on the Blockchain? (Example : Electrum wallet)

Prosector

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It feels good to see how people have been making use of their bitcoins. I haven't bought anything so far with my bitcoin. It’s only trading that I have been doing. But I will definitely think about using my bitcoin when I have a big purchase to make.

Reatim

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I did my second purchase in Bitcoin yesterday , Lucky to find a coffee shop in outside the city that accepts bitcoin and Binance as payments, but it is sad that i did not happen to take at least a photo because we are in rush heading to far province so i just enjoy my Coffee and cake paying with my bitcoin.

Quote from: glendall on February 01, 2022, 05:29:56 PM

congratulations to you, until now I have never made payments using bitcoin, because in my country I have not been able to make transactions using bitcoin, there is hope that one day I can feel how to buy goods by paying with bitcoin money, and of course I can share stories with people if bitcoin can indeed be used for virtual payments

there are of course all you have to do is search for the local stores or online business, i also have same though in the past because bitcoin is not literally accepted in my country but what i found is there are plenty of them .

TelolettOm

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Quote from: Imran232 on December 16, 2021, 12:18:49 PM

I paid 0.00053btc for this Fantech KX-302s Mouse and Keyboard Combo Pack today.
I feel really happy because, for the second time, I used Bitcoin again to purchase a physical product.

It is cool, man.
So far, I have never used Bitcoin as a payment to buy something. LOL
Maybe because of the prohibition in my country to use BTC as payment, also other cryptocurrencies.
Actually, I may still be able to buy it abroad, but so far, no need to use it. But, I am happy to see every person who shares their experience of buying something with Bitcoin. Hopefully, many more merchants (especially the giant merchants) can accept BTC or more cryptos as their part of payment options.

kawetsriyanto

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Quote from: irsykes on December 17, 2021, 07:44:59 AM

In my country, unfortunately there are no personal shop that accept crypto. I mean in my circle there are no person who sell things like that and mostly only selling digital thing. So i can't buy anything directly with bitcoin.

Same here. Using crypto coins/tokens for payment purposes is illegal in my country. That's why there are no stores accepting Bitcoin or altcoins for payment tools. So, both physical or online stores, still don't accept any crypto coins/tokens here. It's a challenge/obstacle of Bitcoin payment usage in my country, we can use Bitcoin or altcoins for a digital investment only. Maybe someday if our government officially announces allowing Bitcoin both for a digital investment and payment purposes, then we really have the freedom to use crypto coins here.

glendall

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congratulations to you, until now I have never made payments using bitcoin, because in my country I have not been able to make transactions using bitcoin, there is hope that one day I can feel how to buy goods by paying with bitcoin money, and of course I can share stories with people if bitcoin can indeed be used for virtual payments

uchegod-21

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BTC, a coin of today and tomorrow.

Buying something or product with bitcoin is something I have never done. People around me will not accept anything that is not seen or felt by eyes or hand. But little by little everyone will come to this place we are already.
Sometimes what we want to pay for will be small amount of money and we will like to use the off chain method. So we have to do extra work to educate the opposite party before you can do transaction.

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Quote from: Slow death on January 28, 2022, 07:01:04 AM

Quote from: Mauser on January 28, 2022, 06:24:10 AM

I am also looking to upgrade my PC system but prices are so high at the moment that I am just not that comfortable. The most important component for me is a new GPU which are expected to rise another 15% this year. If prices recover soon I might sell some of my alt coins for the new PC.

why don't you just do the following

take $100 and invest LTC now and in a few months when it rises together with bitcoin it will have a price of $300 and with that you would have 300$ so you would already have money to buy parts for your pc without having to spend a lot of money

So are you saying that after three months, the price of Litecoin will be three times the price it is now. Well, i am not neglecting your statement as this could happen but what if bitcoin unable to move above 40K and it is being trading below 30K after three months. If this is the case, then litecoin price may be half of the current price. So he have to wait more to buy the parts of the PC. Lets see what develops but it is the movement of the bitcoin which will determine the price of LTC and other coins in the next three months.

m2017

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This thread is a great example of how p2p buying and selling can be done without the involvement of a third party. 1 person gave a thing, 2 person immediately received payment and no one else should interfere with this, because this is the relationship of only these two people. Thanks to BTC this is possible.

GeorgeJohn

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That's nice of you, nothing Bitcoin can not purchase except the company you want to really get their products don't accept cryptocurrency and especially bitcoin for exchanges of goods transaction and Bitcoin transaction, Even though they doesn't accept Bitcoin, you can as well converts to Fiat currency and purchase their products, since i started trading Bitcoin, Bitcoin has helped me to acquire so many things that i will not be able to go into details, just encourage new once who enroll into cryptocurrency recently to be serious, because their is extent Bitcoin will reach someone can as well establish shop in local environment that will accept Bitcoin as a means of payment. Everything is new innovations.

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Quote from: Obito on January 31, 2022, 09:08:31 PM

Quote from: Mamun74 on January 31, 2022, 12:03:20 PM

I think its wonderful Geelong to hear that you somehow bounght purchases using Crypto currency. But my country has not accepted yet.But many countries and many companies are interested in cryptocurrency investment and accepted payment method. This is good thing like Bitcoin payment method. I hope oneday every countries will be legal in bitcoin.

That shouldn't stop you as you can probably advertise what you want to buy and have an offer in bitcoin, it's that simple. Pretty sure that there is someone in your country that would gladly accept a crypto payment if you want it to be, if there is a will then there is a way. I have the same problem as you but if you just asked and looked for the answer, you would definitely find it.

Usually, online stores or friends will offer their second-hand items in exchange for bitcoin, but I believe that the majority of online shops, if not all, are now accepting bitcoin as payment, as the cryptocurrency is becoming more widely recognized. When it comes to his purchase, it is particularly fantastic now that a large number of people who earn bitcoin are gradually purchasing items. As for myself, I have purchased a significant amount of cryptocurrency due to the cryptocurrency boom, but I have converted it to our local currency because there are few businesses that accept bitcoin, despite the fact that it is the same currency, so we are grateful and thankful to have a bitcoin.

worle1bm

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Quote from: uneng on January 31, 2022, 05:53:01 PM

It's always nice to see people using bitcoin as currency and not only as an investment, as usual. Good that you were able to find an electronics' shop accepting bitcoin as payment method accessible to your location. I'm constantly trying to find some in my place, but google search algorithms aren't helping very much... It would be useful if there were a filter on google shopping search for showing only stores accepting bitcoin as payment.

This way, even smaller shops could get some special attention from crypto enthusiasts, which they aren't able to get at this moment due to the enourmous amount of inaccurate content displayed by google.

Right this way the actual aim for what bitcoin was made is fulfilled that of making payments with it instead of using inflationary fiat.There are some people like @OP who doesn't care to accumulate all the btc they hold but also spend a little bit by making purchases with it.

So @OP congratulations to you for making your second purchase with it and you have promoted the use of it as small scale shopkeepers will also make use of it and understand how it works.

Obito

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Quote from: Mamun74 on January 31, 2022, 12:03:20 PM

I think its wonderful Geelong to hear that you somehow bounght purchases using Crypto currency. But my country has not accepted yet.But many countries and many companies are interested in cryptocurrency investment and accepted payment method. This is good thing like Bitcoin payment method. I hope oneday every countries will be legal in bitcoin.

That shouldn't stop you as you can probably advertise what you want to buy and have an offer in bitcoin, it's that simple. Pretty sure that there is someone in your country that would gladly accept a crypto payment if you want it to be, if there is a will then there is a way. I have the same problem as you but if you just asked and looked for the answer, you would definitely find it.

AmoreJaz

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Quote from: uneng on January 31, 2022, 05:53:01 PM

It's always nice to see people using bitcoin as currency and not only as an investment, as usual. Good that you were able to find an electronics' shop accepting bitcoin as payment method accessible to your location. I'm constantly trying to find some in my place, but google search algorithms aren't helping very much... It would be useful if there were a filter on google shopping search for showing only stores accepting bitcoin as payment.

This way, even smaller shops could get some special attention from crypto enthusiasts, which they aren't able to get at this moment due to the enourmous amount of inaccurate content displayed by google.

up until now, a lot of crypto holders are still hesitant to spend their btc for the sole reason that they want to get a hold of satoshis as long as possible. but there are merchants that are now starting to accept crypto payments because of its growing popularity and some of these merchant owners are also crypto users. so it is not hard for them to deal with crypto payments.
but it is true, that up until now, if you look at your local area, you will find out that it is hard to find a shop or merchant accepting crypto. they have their reasons like volatility not to accept crypto but i believe in time, the merchants' list will grow.

uneng

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It's always nice to see people using bitcoin as currency and not only as an investment, as usual. Good that you were able to find an electronics' shop accepting bitcoin as payment method accessible to your location. I'm constantly trying to find some in my place, but google search algorithms aren't helping very much... It would be useful if there were a filter on google shopping search for showing only stores accepting bitcoin as payment.

This way, even smaller shops could get some special attention from crypto enthusiasts, which they aren't able to get at this moment due to the enourmous amount of inaccurate content displayed by google.

AakZaki

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Quote from: Slow death on January 28, 2022, 07:01:04 AM

why don't you just do the following

take $100 and invest LTC now and in a few months when it rises together with bitcoin it will have a price of $300 and with that you would have 300$ so you would already have money to buy parts for your pc without having to spend a lot of money

It's easy to say that, but if the price of bitcoin continues to crash of course LTC will also continue to crash.
Holder needs cold money which is not needed for anything else. If the investment is made for the long term or just to achieve a predetermined target, of course it must be done properly and do not violate the rules that have been made.
Psychology will play a lot when the market is bearish as it is today

Mamun74

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I think its wonderful Geelong to hear that you somehow bounght purchases using Crypto currency. But my country has not accepted yet.But many countries and many companies are interested in cryptocurrency investment and accepted payment method. This is good thing like Bitcoin payment method. I hope oneday every countries will be legal in bitcoin.

Topic: My second purchase with bitcoin (Read 530 times)