My second purchase with bitcoin - page 2.

isaac_clarke22

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Quote from: wtsimis on January 23, 2022, 05:53:07 AM

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Well nice to hear that you somehow bought peripherals using crypto, though it is more of an indirect approach like the OP here mentioned which was still back in December. Here in my country, that is somehow what I also do except that I use custodial wallet like Coins PH to pay my bills. It is going to need to be converted to a local currency before being used to pay or buy stuffs.
It's not literally the BTC payment method due to conversion process, but surely they'll fill the gap of what I meant to say one day.

TheGreatPython

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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

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.

Slow death

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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

Mauser

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That was a nice purchase you did there in December, right before the prices were falling. Usually I am against using bitcoins for buying things where I could have used fiat money instead, but if this happens right before the dip it's great timing. The best would be now to buy back the same btc amount at much lower rates. 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.

Slow death

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I will repeat myself, I would like that one day they would make statistics on how many people use bitcoin as a payment method even with these rates a little exaggerated until recently I used to buy using bitcoin but after that period of increase in rates I stopped doing it purchases with bitcoin because when things happened in my country I would pay customs and it would not be advantageous for me to do that anymore

Peanutswar

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This is a good thing to support the use of the bitcoin as the payment method because it's a convenient thing but still, this kind of transaction required a p2p transaction because of course both parties does not trust each other so we need to make sure the other part will send into another one. Mostly meet in public places. Currently one of the best crypto atm is crypto.com because they have a debit card in my country I can use it now as payment but of course, the withdrawal is too much in fees so I do it in my payment, not for the withdrawal into our fiat currency.

Chato1977

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Quote from: wtsimis on January 23, 2022, 01:31:29 PM

Quote from: Chato1977 on January 23, 2022, 06:30:45 AM

You have bought New Keyboard and Mouse but you did not afford buying new Mouse Pad Grin

or there is no available in crypto

That's a long story mate, I'm simply wanna say that I'm now broke for buying anything.

i was just Kidding mate , it is just the Mouse pad that took my attention because to tell you the truth? we have same status of Mouse pad hahahaa.

but of course that mechanical keyboard is really amazing .

Ararbermas

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I'm excited as well to purchase any stuff i want using bitcoin but sad to say here in my country there's still no news about some stores that accepting bitcoin even though it's popular here and seems no problem at all, I dont know why maybe there are some reason why they don't want to expose it if however they exist. Because to be honest i was actually expecting that some of the online sellers within my country will gonna accept bitcoin because of pandemic but seems nothing and they all just relying on other digital currency which is centralized and very common here in my country.

rdbase

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Quote from: ?? on ??

the first one, congrats to you, it was a good experience.
as long as I know bitcoin, I have never made direct transactions with foreigners to buy things using bitcoin. anyway, i just did it by exchanging bitcoin for fiat, and bought something. I made transactions like that long ago.
however, it might be quite interesting to use bitcoins directly to buy something. Unfortunately, in my country, bitcoin is prohibited as a medium of exchange, so I may find it difficult to do so. well, or can only buy digital products such as domains, hosting, and so on.

This is what most from earlier on thought that bitcoin was only good for: To buy digital type goods and services.
But now it is more well known to be used to make purchases of physical goods as more and more retailers are accepting it due to the use of services such as paypal payments and coinbase friend to friend payments which are without transaction fees.
Bitpay use be the only way to pay these retailers as this was the only way they knew how to make it to be able to accept such payments. But now there are services such as square (now known as block) and crypto.com(where available) to be able to make those payments seemless from crypto to fiat. So the retailers don't need to hassle themselves with the technical aspects of accepting cryptocurrencies as a form of payment.

wtsimis

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Quote from: Chato1977 on January 23, 2022, 06:30:45 AM

You have bought New Keyboard and Mouse but you did not afford buying new Mouse Pad Grin

or there is no available in crypto

That's a long story mate, I'm simply wanna say that I'm now broke for buying anything.

Wawa2013

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Quote from: ?? on ??

you are lucky that you have successfully made a second purchase using bitcoin, maybe in the country you live in there are already many places available that are allowed to make purchases using bitcoin, maybe my fate is not lucky, because I live in a country where the government says bitcoin it's haram and can't be used as a transaction tool..

It is sad if we live in a country that has not legalized Bitcoin as a means of payment, meaning we can not use Bitcoin to buy the things we want.
Although I also live in a country that prohibits using Bitcoin as a means of payment, but at least I can still be grateful to be able to use Bitcoin
for investment, because the government of my country legalized Bitcoin to be used as a digital asset. So at least I can still get benefit from Bitcoin.
Because I know there are still some countries that really prohibit the use and ownership of Bitcoin, I am quite sad to know that there are still countries
that prohibit Bitcoin. But as time went on and the popularity of Bitcoin increased, slowly, one by one, countries in the world will begin to legalize Bitcoin
as a legal tender, as El Salvador has done. So we do have to be patient to actually see Bitcoin legalized around the world.

Chato1977

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Quote from: wtsimis on January 23, 2022, 05:53:07 AM

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

I feel really happy because, for the second time, I used Bitcoin again to purchase a physical product.

It could be better for us if we all can use BTC as a payment method in our country. Nowadays the popularity of Bitcoin is increasing. Hopes, in near future our govt.. will take steps for Bitcoin's legalization.
I also brought a keyboard and a mouse from the money that comes from crypto income. It cost me 1200 BDT(keyboard) and Mouse(around 1000 BDT). I remember, I sold my USDT in the p2p market of finance, converted them into BDT, right sitting before the cash chamber of that shop.

You have bought New Keyboard and Mouse but you did not afford buying new Mouse Pad Grin

or there is no available in crypto Haha.

_______________________________________________________________________________ _____________________________

May recent purchase using crypto is Laptop , a intel core 7 7th generation that costs me 1100 dollars (it is a complete set actually but not mechanical keyboard)

and yes this is the best purchase I have done from crypto .

wtsimis

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

I feel really happy because, for the second time, I used Bitcoin again to purchase a physical product.

It could be better for us if we all can use BTC as a payment method in our country. Nowadays the popularity of Bitcoin is increasing. Hopes, in near future our govt.. will take steps for Bitcoin's legalization.
I also brought a keyboard and a mouse from the money that comes from crypto income. It cost me 1200 BDT(keyboard) and Mouse(around 1000 BDT). I remember, I sold my USDT in the p2p market of finance, converted them into BDT, right sitting before the cash chamber of that shop.

Awwal08

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Wow congratulation for the second time you purchase with Bitcoin actually I'm a junior member and I really believe all what you said because of what I have read about it and believing me I prefer to use Bitcoin, in this era no need in fulling your pocket with lot of cash again if you have your wallet in your smartphone you will you'll be safe and move freely from one place to another no one will know what you are carrying or your worth. Once again congratulation.

rozak

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Quote from: kucritt on December 22, 2021, 10:27:30 AM

wow that is really cool, that you can buy some goods directly with your bitcoin, honestly, i never buy anything with my bitcoin / other cryptocurrencies directly, usually i swap it into my local currency and transfer it into my bank account, after that i buy the goods with that money

you can try to do it with the store of the goods you want. although bitcoin payments are not accepted yet, you can see how the OP did it.
initiate transactions with people we know. trying to offer payment with bitcoin. if both parties agree, then it will be your trading experience.

Dear OP, you did very well. transactions with people around that create new people's interest in crypto assets. I believe this will be a great start for more and more shops that will accept bitcoin as a means of payment for every trade.

fiulpro

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Bitcoins being legal in Ukraine are now showing a trend where the sellers are legally accepting: bitcoins and ETH, I have not seen any other cryptocurrencies being accepted here, but at the same time it's not as common as buying a coffee with Bitcoins but rather you can try and get some household things from certain places if you do look closely. So before I did buy some dog food and pet products which is very very common but seeing the guy accept Bitcoins online was quite a big deal. I do think you did an amazing job here!! Using bitcoins as a currency far overlooked by many people but can work wonders for some, now you can even pay mortgage with Bitcoins soon or buy houses!

kucritt

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wow that is really cool, that you can buy some goods directly with your bitcoin, honestly, i never buy anything with my bitcoin / other cryptocurrencies directly, usually i swap it into my local currency and transfer it into my bank account, after that i buy the goods with that money

Monochroic

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You have made a great purchase with your bitcoin for sure. I don’t have anything big to buy and so could never use my bitcoin. It’s only trading that I do with my bitcoin.

pawanjain

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Nothing lasts forever

I am sure that must be feeling so good to make transactions through crypto and buy a physical product. I had the same feeling when I got my product upon paying in BTC.
So far I have bought a book called Citadel which is a bitcoin magazine and some domains and paid through BTC for them.
I have also bought some other products for which I made some indirect payments.
Next I am thinking to start doing mobile recharges since Binance has started giving that option these days.

dificanovi

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

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.

It looks like you are shopping not at a store that officially accepts payments with Bitcoin. You pay the hotel bill and the cost of buying a mouse and keyboard to your friend. I don't think your friend will accept Bitcoin payments to other customers. But congratulations to you for using Bitcoin as a means of payment to your friends who have an online store even though the store does not officially accept all payments with Bitcoin.

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