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Topic: What can we buy with one BTC? And is buying something with BTC worth it? - page 2. (Read 10762 times)

member
Activity: 602
Merit: 10
Because of the conditions in place I have not legalized bitcoin so I have not used bitcoin as a payment tool, but exchanged it with fiat first to buy goods.
sr. member
Activity: 1750
Merit: 267
Generally bitcoin is using for trading, investment or gambling. But globalization has changed the atmosphere. There are a lot of Marchant who are accepting bitcoin as their payment method. Now, people can easily purchase products with bitcoin.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Its not right only treat bitcoin as investment, ypu should treat bitcoin as investment and currency, with more transaction volume bitcoin will become more valuable, in some place you still can't buy a lot of things, but more and more shop already started to accept bitcoin, so you need to wait for a moment to see the big adoption
Depends on OP's country because even though more people,shops,services,places accepts Bitcoin recently, it's still different for certain countries. More transaction volume doesn't make Bitcoin valuable I mean it could but currently the traders are the ones making it valuable because of how most Bitcoin users view Bitcoin as an investment than a currency.
hero member
Activity: 1694
Merit: 541
New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all.
And you, are you buying something with BTC?
It all depends upon what you do with your coins, if you want to purchase anything you can very well do that and if you see bitcoin as an investment there is no point in selling now as everyone who invest are in for the long hold and if you want to purchase anything with bitcoin and even if non of the merchants in your country accepts bitcoin, you can sell your coins and with that amount in your bank account and do what ever you want, basically the choice is yours.
sr. member
Activity: 698
Merit: 251
i'v got a computers shops near my house that accepts bitcoin .. i can buy hardware,computer accessories and more using bitcoin Smiley
and from time to time i use G2A to get a new game with bitcoin.
may be that computer guy use bitcoin for some investing , and like online games anyways he accepts bitcoin that great
sr. member
Activity: 1484
Merit: 276
New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all.
And you, are you buying something with BTC?
Me i have bought some items from 2017-2018 using my bitcoin balance.First is my gaming ROG laptop which  I paid online from a person not a store and second is my phone same seller but different year other than not just common household things that i paid using bitcoin too
newbie
Activity: 55
Merit: 0
i'v got a computers shops near my house that accepts bitcoin .. i can buy hardware,computer accessories and more using bitcoin Smiley
and from time to time i use G2A to get a new game with bitcoin.
legendary
Activity: 2478
Merit: 4341
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My portfolio are divided into two category, I hold some  decent amount of bitoin i have decided not to utilize in a very long period of time, those bitcoin are considered as my investment bags and I also have some decent amount of bitcoin I used for trading and buying of things I need like for my monthly data subscription i use bitcoin as a payment option and for some online shopping (e.g current phone I'm using was bought with bitcoin) although bitcoin when compared to cash isn't used for much transaction but there's a satisfactory feeling i get from using bitcoin as a payment option instead of cash and I get unconsciously drawn to service providers that accepts bitcoin in my geographical location although this isn't legal yet.
full member
Activity: 532
Merit: 101
i have seen bitcoin mostly been used in trading investing , and gambling most of them convert to local currency , bitcoin is mostly used in online transactions , less its used in local payments , best go to Singapore there many business accepts bitcoin     
It is use also for investing and paying some bills. Like also in Philippines accept bitcoin in transactions online or for payments.. In Asian countries many businesses use bitcoin.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
What you can buy with one Bitcoin depends on the current price and that changes with time. In some less developed countries for the price of one Bitcoin you could buy a property, even house or cover all expenses for few months or even more.
Unfortunately there are still not enough merchants that would accept Bitcoin as a payment directly and that will remain so for multiple reasons but Bitcoin debit card is something that could be very helpful when buying goods and services.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
There was a definitive shift in the way that Bitcoin was used after the 2017 ATH of $18 000+/BTC. People started to look at Bitcoin as a commodity and not as currency and this pose real problems for Bitcoin's future as a alternative payment option.

The Bitcoin hoarders are increasing and the merchants accepting Bitcoin are on the decline. I decided a long time ago, to adopt a 80/20% split in the way that I use my bitcoins, so 20% of my bitcoins will be used as a currency to pay for goods and services and 80% will be hoarded.  Wink
newbie
Activity: 1
Merit: 0
Indeed, in developed countries, bitcoin can buy houses, luxury cars and anything expensive. but according to that it depends on how we use the bitcoin. if I buy a bitcoin currency, I myself only use it for investment and when it's gone up then I sell it again.
That's about it
newbie
Activity: 41
Merit: 0
Buying something with BTC is more than worth it while traveling to different countries as it doesn't require currency exchange at every terminal and make exchange efficient to buy goods.
newbie
Activity: 76
Merit: 0
I have never experienced buying goods with BTC but have read about it and I wish that could buy something with BTC which will genuinely help me to survive in different countries without facing the Keos of currency exchange.
member
Activity: 504
Merit: 10
New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all.
And you, are you buying something with BTC?

Basically, BTC is a cryptocurrency, "currency" meaning it is intended to be used to purchase something. But since people saw it grew in value dramatically and drastically through the years, they see it more as an asset or investment that will bring fortune or luck in the future. Honestly speaking, I also see BTC that way. I prefer hoarding and trading it than paying bills with it. I have seen that its supply could go scarce, meaning it could be as precious as gold. Actually, it's more expensive than gold now. But the sad truth is since it is highly volatile and is not physical, it could burst out any time soon. So to be safe, don't invest in BTC more than you are willing to lose, otherwise you'll go insane when it burst out like a bubble.
legendary
Activity: 2240
Merit: 1069
I am using bitcoin to pay bills and buy game and phone credits. I do not see anything wrong if I spend them as well if I store them as an investment. Bitcoin can be used either way. I have a few bitcoins hidden away as an investment, waiting for the price to go extremely high. I also have crypto I use for trading and the profit I used to pay for utilities and buy things I want.
hero member
Activity: 1932
Merit: 506
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It is a matter of decision making knowing that bitcoin have plenty of usage. You can use it for investment and in other side you can use it as payment option for your needs as there are many companies already who accept bitcoin as payment.

If I am going to buy something in the web then I prefer using bitcoin as it is very easy to use. As long as I need it then I can say that it's worth buying it using bitcoin.
hero member
Activity: 1274
Merit: 516
Its not right only treat bitcoin as investment, ypu should treat bitcoin as investment and currency, with more transaction volume bitcoin will become more valuable, in some place you still can't buy a lot of things, but more and more shop already started to accept bitcoin, so you need to wait for a moment to see the big adoption
legendary
Activity: 2548
Merit: 1234
Why do you need to ask what are things you can buy with bitcoin? Well, in fact, you can buy everything with it. Just simply convert it to cash and go and spend it anywhere you wanted to. Beside from converting it to cash, there are still a small number of stores and institutions who accepts bitcoins as a payment option.

I also checked the article you provided from the blockchain24.co and found out the options you can have to purchase using your bitcoin.
But it just means that bitcoin is not yet adopted as a real currency. It is mostly accepted as an investment. You were right but all you really
need to do is to convert it to cash and that the end of the story.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all.
And you, are you buying something with BTC?
Bitcoin gives you the chance to use it as you want, as investment or currency. The important is that bitcoin is being useful for you. You don't need to ask others if you are using it correctly. However it's still hard to use btc as currency in daily life, as most stores we make purchases don't accept the currency.
I find more options to spend bitcoins related to virtual goods, unfortunatelly it doesn't fit my needs, so I prefer to not use it as currency for now.
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