Topic: So, What did you buy with your bitcoins on Black Friday? (Read 498 times)
I prefer to hold bitcoins rather than spend them.
It is correct that we should at least spend our bitcoins not just hold it because it's a way to support merchants and promote bitcoin as well. Not only during black Friday or holidays but anytime we feel like spending it. Though I haven't bought anything because I don't want to spend my bitcoin on not so important things. And recently, I just bought something necessary so I have to save up before spending again.
I honestly didnt buy anything. Because I want to save more coins so that in the future I could use it to buy more and to buy anything that I want. Invest now, save your money and produce more of it so when the right time will come you may now enjoy your investment and savings as well together with your offspring.
Wow, that's quite inspiring. I would happily spend my bitcoins on buying things but the country I live in doesn't support bitcoin as of now and so the merchants don't accept bitcoin payments.
I wish there were online retailers for a black friday who accepts bitcoin. I know there are sites which bitcoin payments to buy things but am specifically asking for a black friday!
Anyway, it's good to know there are people like your friend who keeps changing people's perspective over bitcoin and encouraging others to use it.
I wish there were online retailers for a black friday who accepts bitcoin. I know there are sites which bitcoin payments to buy things but am specifically asking for a black friday!
Anyway, it's good to know there are people like your friend who keeps changing people's perspective over bitcoin and encouraging others to use it.
Therefore, I did not buy anything for both bitcoin and fiat. I think let coins be HODLed, it will be better
I am exactly holding my money right now trying to stop spending on a almost regular days. Black Friday is just an occasion for people who like to spend most of their money. Therefore, it's a trend for them but i don't want to get involved in those spendy trends because I'm currently trying to control my money for leaving in my own pocket just for a designed stickers. lol
Nah I didn't buy anything using Bitcoin, but I did buy a lot of things online on Amazon on Black Friday, but not with Bitcoin. I don't really buy Bitcoins to use them for buying things online, my main aim of buying BTC is to keep it as a savings or investment. And by the way, I don't like how the using–of–Bitcoin for buying online works; the process it takes and the fact that there are no protections in place if it happens to be a scam or maybe the product isn't what you need and things like that.
Bitcoin = savings account
Fiat = daily spender
Right man, that's the same thing with me – any money I put into Bitcoin is to be saved, so I don't spend them on just anything. I spend and buy whatever I need using fiat only. Fiat = daily spender
I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought
it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or
triple and you would regret paying for those goods and services with bitcoins.
A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will
simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued
a lot more.
We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I
bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)
So, what did you buy and did you support our Bitcoin merchants?
it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or
triple and you would regret paying for those goods and services with bitcoins.
A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will
simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued
a lot more.
We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I
bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)
So, what did you buy and did you support our Bitcoin merchants?
Unfortunately, in my bureaucratic country, Black Friday is just a loud trend, a hoax, when the prices are not much reduced, shops are making only fake stickers. Therefore, I did not buy anything for both bitcoin and fiat. I think let coins be HODLed, it will be better
I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought
it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or
triple and you would regret paying for those goods and services with bitcoins.
A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will
simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued
a lot more.
We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I
bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)
So, what did you buy and did you support our Bitcoin merchants?
it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or
triple and you would regret paying for those goods and services with bitcoins.
A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will
simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued
a lot more.
We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I
bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)
So, what did you buy and did you support our Bitcoin merchants?
Honestly I think, on Black Friday a few years ago I bought a PS4 at 70% cheaper and later sold at 50% cheaper which is 20% to me, but I honestly repent because it is bad and you are not advised to do the same . And this year I didn't buy anything because the masses do not see the current price of bitcoin, so I am not wasted. So I save up, and it will be Black Friday for me only to have bitcoin rise.
It is correct that we should at least spend our bitcoins not just hold it because it's a way to support merchants and promote bitcoin as well. Not only during black Friday or holidays but anytime we feel like spending it. Though I haven't bought anything because I don't want to spend my bitcoin on not so important things. And recently, I just bought something necessary so I have to save up before spending again.
I honestly didnt buy anything. Because I want to save more coins so that in the future I could use it to buy more and to buy anything that I want. Invest now, save your money and produce more of it so when the right time will come you may now enjoy your investment and savings as well together with your offspring.Soulds like a smart idea, not bad
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I honestly didnt buy anything. Because I want to save more coins so that in the future I could use it to buy more and to buy anything that I want. Invest now, save your money and produce more of it so when the right time will come you may now enjoy your investment and savings as well together with your offspring.
That is a good idea to save more at this time because we don't know when bitcoin prices to increase. So if we can save more and more amount, I think that we can have the right time to sell bitcoin and make a big profit. Sometimes I feel not right to use my bitcoin to buy something in any events because I prefer to withdraw the bitcoin into fiat money, and then I can use it to buy something. But if somehow, I can see there is a big discount for a product that I really want, then I might buy that product using bitcoin.
It is correct that we should at least spend our bitcoins not just hold it because it's a way to support merchants and promote bitcoin as well. Not only during black Friday or holidays but anytime we feel like spending it. Though I haven't bought anything because I don't want to spend my bitcoin on not so important things. And recently, I just bought something necessary so I have to save up before spending again.
I honestly didnt buy anything. Because I want to save more coins so that in the future I could use it to buy more and to buy anything that I want. Invest now, save your money and produce more of it so when the right time will come you may now enjoy your investment and savings as well together with your offspring. 
I bought an amazon gift card for my woman which she immediately turned into treats for our cat, a netflix subscription and some other stuff.
I'm not spending a lot because there's very little things that I need at the moment and I'm also trying to dollar cost average as much as I can.
Bitcoin = savings account
Fiat = daily spender
I'm not spending a lot because there's very little things that I need at the moment and I'm also trying to dollar cost average as much as I can.
Bitcoin = savings account
Fiat = daily spender
So, what did you buy and did you support our Bitcoin merchants?
In my country there are no offline merchants that provide payments with Bitcoin. Because transactions using crypto are still considered illegal. But the last time I used my crypto coin to buy credit and top up my telephone number data. The website address is https://triv.co.id/en 
Simple enough for stompix?
It will be far more simple to just acknowledge you're afraid to spend any bitcoin because they might be worth 5$ more tomorrow and be done with it. I can understand greed, I dislike people trying to cover it with childish arguments.
This is not Miss America, you don't have to pretend you care about the rain forest or world peace.
I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today
Gloves, leather ones hand made, engraved with bitcoin logos on top of hands. Why? Not sure, wanted to have something physical from bitcoin world
Bro, just acknowledge you said something stupid and be done with it.
Nobody asked you to buy a brand new car, tv or anything else, the discussion was about purchasing things with bitcoins.
And in your first post you never touched the products not available thing, the only thing you cared about was your precious bitcoins that will be worth 666% more once the bear market is over.
Ok I guess giving examples doesn't work for you so I'll be as non specific as possible. Nobody asked you to buy a brand new car, tv or anything else, the discussion was about purchasing things with bitcoins.
And in your first post you never touched the products not available thing, the only thing you cared about was your precious bitcoins that will be worth 666% more once the bear market is over.
I was answering this part:
why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat
It's impossible and it's inefficient.
I cannot buy the things I need with my bitcoins because the things I need are unavailable or cost 20% premium in places that do accept Bitcoin.
I also think that selling in the bear market is inefficient and I stand by it.
Simple enough for stompix?
Do you really want me to explain why your idea is not going to work?
Hypothetical situation, I want to buy a new TV or a new car and you propose that I buy bitcoins with my fiat and then what? There are almost no places that would allow me to shop but even if there are some they usually are the expensive ones. A simple Honda or Ford will not offer you this option. The ones that do are exotic dealerships where prices begin with 50 thousand dollars. If you're looking for a used car for Bitcoin it's even harder.
Hypothetical situation, I want to buy a new TV or a new car and you propose that I buy bitcoins with my fiat and then what? There are almost no places that would allow me to shop but even if there are some they usually are the expensive ones. A simple Honda or Ford will not offer you this option. The ones that do are exotic dealerships where prices begin with 50 thousand dollars. If you're looking for a used car for Bitcoin it's even harder.
Bro, just acknowledge you said something stupid and be done with it.
Nobody asked you to buy a brand new car, tv or anything else, the discussion was about purchasing things with bitcoins.
And in your first post you never touched the products not available thing, the only thing you cared about was your precious bitcoins that will be worth 666% more once the bear market is over.
I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.
Quite a different story than what you're trying to picture now, isn't it?
I agree with you and I do not understand why not to spend bitcoins? It is a payment process why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat. Isn't that the point?
Do you really want me to explain why your idea is not going to work?
Hypothetical situation, I want to buy a new TV or a new car and you propose that I buy bitcoins with my fiat and then what? There are almost no places that would allow me to shop but even if there are some they usually are the expensive ones. A simple Honda or Ford will not offer you this option. The ones that do are exotic dealerships where prices begin with 50 thousand dollars. If you're looking for a used car for Bitcoin it's even harder.
Most people want to buy something as cheap as possible and they won't pay 20% more to prove a point and spend their bitcoins.
I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.
Doesn't this seem incredibly short sighted. No one is saying spend all your coins today, but imagine if everyone thought that way. No BTC moving at all, just leverage traders going to town on sidechains. Do you think there would still be value in BTC or any crypto?Not to mention we are also still 2X from the low this year. It doesn't always work out but holding every last Satoshi close and never spending them. Spend some save some = healthy market, and future profits.
Edit: I continued to try and find a way to buy something using my BTC, unfortunately the only thing I needed from Newegg at a price I would pay came from a 3rd party seller who wouldn't accept it.
So close.So unfortunately I can only trade with people for FIAt, but at least I am avoiding currency conversion fees to USD.
I agree with you and I do not understand why not to spend bitcoins? It is a payment process why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat. Isn't that the point?
That's sad that you can buy so little. newegg is for people in the US mostly right? It is sad that you have nowhere to spend bitcoin.
I bought a whole lot of games on steam with giftcards I bought with bitcoin. I bought some stuff for my garden and some new seeds I paid eth for that. Netflix and googleplay I pay with bitcoin. I also got some nice deals on an investment on black friday. I also bought like a mug for someone for christmas. (a really cool gamer mug legend of zelda) a few other presents. Whatever you can things of really.
I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.
Doesn't this seem incredibly short sighted. No one is saying spend all your coins today, but imagine if everyone thought that way. No BTC moving at all, just leverage traders going to town on sidechains. Do you think there would still be value in BTC or any crypto?Not to mention we are also still 2X from the low this year. It doesn't always work out but holding every last Satoshi close and never spending them. Spend some save some = healthy market, and future profits.
Edit: I continued to try and find a way to buy something using my BTC, unfortunately the only thing I needed from Newegg at a price I would pay came from a 3rd party seller who wouldn't accept it.
So close.So unfortunately I can only trade with people for FIAt, but at least I am avoiding currency conversion fees to USD.
I did not buy anything in past months, fiat or BTC, but you know you have a very good point here: spend BTC to support payments in BTC
People always asks for companies to start accepting BTC, but they never spend a single satoshi to support these companies and them, with time will stop to accept BTC and cryptos
It's a good idea
People always asks for companies to start accepting BTC, but they never spend a single satoshi to support these companies and them, with time will stop to accept BTC and cryptos
It's a good idea
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