Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bcforum on September 19, 2011, 02:42:39 AM



Title: What are You buying with bitcoins?
Post by: bcforum on September 19, 2011, 02:42:39 AM

I'd do a poll, but that limits the options to my imagination.


Title: Re: What are You buying with bitcoins?
Post by: mjcmurfy on September 19, 2011, 02:46:27 AM
Hopefully someone will chime in saying that they spend their btc on bitcointorrentz.com! :)

At the moment, I am using my btc to invest in companies on the GLBSE, in addition to paying for advertising for my site. I haven't bought any tangible goods with them yet however. This is something I hope to remedy shortly.


Title: Re: What are You buying with bitcoins?
Post by: evoorhees on September 19, 2011, 02:51:37 AM
Freedom.


Title: Re: What are You buying with bitcoins?
Post by: teflone on September 19, 2011, 02:53:30 AM
GLBSE Shares...

Im hooked!


Title: Re: What are You buying with bitcoins?
Post by: payb.tc on September 19, 2011, 03:06:16 AM
domain names
electricity
council rates
health insurance
internet connection
car insurance
water/sewerage connection

+ pretty much everything else that comes to my mailbox with a BPAY logo on it :D

(yes i'm a fan of spendbitcoins.com and he doesn't even pay me to post about it, hehe)


Title: Re: What are You buying with bitcoins?
Post by: geek-trader on September 19, 2011, 03:14:11 AM
Bought:
--------
Ponzi
Blackjack
Pyramid
Silver "Bitcoins"
Casascius Bitcoins
Zimbabwe 100 Trillion Dollar notes

Sold:
------
Computer services
Dead video card
PCIe extenders

I count gambling under "bought".  I have 1027 transactions in my wallet right now, and the VAST majority of them are gambling.



Title: Re: What are You buying with bitcoins?
Post by: edd on September 19, 2011, 03:24:04 AM
domain names
logos/banners
photos/images
advertising (majority spent here)
gambling
USD (only out of necessity)


Title: Re: What are You buying with bitcoins?
Post by: memvola on September 19, 2011, 03:48:50 AM
Haven't yet used spendbitcoins, but let's see what I've bought directly recently:

  • Hottest peppers in the world ;) (https://bitcointalk.org/index.php?topic=42254.0)
  • Namecoins (https://exchange.bitparking.com/)
  • E-cigarettes (http://bitvapes.com/)
  • MineCraft coupons (http://forbitcoin.com/)
  • LIF.A, LIF.B & IBB shares (https://glbse.com/)
  • VOIP account (https://www.link2voip.com/index.php?coupon=greg)
  • Zimbabwe dollars :D
  • VPS hosting (http://www.cinfu.com/)
  • An e-book reader

Plus, apparently I made a lot of bets (http://betsofbitco.in/item?id=22) and donations.

Looks pretty random. Looking forward to using spendbitcoins (http://spendbitcoins.com/) so that I can have a more coherent list in the future. ;D


Title: Re: What are You buying with bitcoins?
Post by: turquoise9955 on September 19, 2011, 04:30:21 AM
USD


Title: Re: What are You buying with bitcoins?
Post by: Horkabork on September 19, 2011, 06:22:53 AM
I bought a blowjob in Nevada with Bitcoins, but then the exchange rate dropped off a cliff by the time I received my services and she only gave me half a blowjob. Trust me on this, fellas, when I say that half of a blowjob is pretty much pointless. I'd have preferred it if she gave me the latter half of the blowjob, even though it seems chronologically improbable. It is, of course, common knowledge in the blowjob industry that the latter half of the blowjob is what you're really paying for. In fact, most of us who pay for blowjobs would rate, in consideration of benefit, utility, and quality, the last 10 seconds of the blowjob to feature 90% of the value. For example, a 10 BTC blowjob, if offered to potential blowjob recipients in fractions, would only sell equivalently to the full blowjob if a first-half blowjob was offered at a rate of just under 0.5 BTC.

So, doing the math on this, my bitcoin-to-blowjob purchasing power actually dropped 95% during one transaction. I paid for a complete blowjob, but lost 95% of the value. If I was thinking at the time, I would have done the math and instead downgraded the service to a handjob. A full handjob has a much higher value than half of a blowjob.

As much as I like Bitcoin, I think that in cases where sexual services are being bartered you should use a hedging escrow account of some sort. This would essentially bring such services back to being dollar denominated. Yes, this is bad for Bitcoin, but when I'm losing 95% of the value of a service in the time it takes to merely perform the transaction, something is very wrong with the currency.

Also, sitting around in a seedy hotel room waiting for transaction confirmations and making small talk with a hooker is rather uncomfortable, mainly because they just won't shut up about Battlestar Galactica. In my experience, hookers who take bitcoins absolutely love Battlestar Galactica.

Furthermore, if this hooker had charged me for the total time involved (transaction time plus sexual service), and refused to be pre-paid for an "estimated" total, then I could feasibly pay an infinite sum of bitcoins. Say I'm paying for 60 minutes of services with 10 BTC and she needs 3 confirmations minimum before proceeding. On average, by the time 3 confirmations occur, 30 minutes will have passed. Now, if I still want 60 minutes of sex, I need to pay 5 more BTC. Then 30 more minutes would pass and I would pay another 5 BTC. At this rate, I'll never be able to actually have sex but would merely keep paying money for the time it takes just to process the money that I keep paying.

If, however, she charged for the transaction time but took "estimates" in advance and refunded the excess, I would still be paying, essentially, 50% more than those paying with dollar bills. That is a premium that I just cannot accept.


Title: Re: What are You buying with bitcoins?
Post by: SuperTramp on September 19, 2011, 06:26:16 AM
MORE hardware.....to mine MORE BTC.  ;D


Title: Re: What are You buying with bitcoins?
Post by: payb.tc on September 19, 2011, 06:38:28 AM
I bought a ... cliff by the ... chronologically improbable ... blowjob industry. In fact, most of us who ... sell ... the full blowjob ... rate ... just under 0.5.

do you have a blog that earns you money?


Title: Re: What are You buying with bitcoins?
Post by: d'aniel on September 19, 2011, 06:54:01 AM
I'm quite happy to see that hamburger again.


Title: Re: What are You buying with bitcoins?
Post by: payb.tc on September 19, 2011, 08:23:11 AM
I'm quite happy to see that hamburger again.

to finish the job?


Title: Re: What are You buying with bitcoins?
Post by: Xenland on September 19, 2011, 09:30:20 AM
I bought a blowjob in Nevada with Bitcoins, but then the exchange rate dropped off a cliff by the time I received my services and she only gave me half a blowjob. Trust me on this, fellas, when I say that half of a blowjob is pretty much pointless. I'd have preferred it if she gave me the latter half of the blowjob, even though it seems chronologically improbable. It is, of course, common knowledge in the blowjob industry that the latter half of the blowjob is what you're really paying for. In fact, most of us who pay for blowjobs would rate, in consideration of benefit, utility, and quality, the last 10 seconds of the blowjob to feature 90% of the value. For example, a 10 BTC blowjob, if offered to potential blowjob recipients in fractions, would only sell equivalently to the full blowjob if a first-half blowjob was offered at a rate of just under 0.5 BTC.

So, doing the math on this, my bitcoin-to-blowjob purchasing power actually dropped 95% during one transaction. I paid for a complete blowjob, but lost 95% of the value. If I was thinking at the time, I would have done the math and instead downgraded the service to a handjob. A full handjob has a much higher value than half of a blowjob.

As much as I like Bitcoin, I think that in cases where sexual services are being bartered you should use a hedging escrow account of some sort. This would essentially bring such services back to being dollar denominated. Yes, this is bad for Bitcoin, but when I'm losing 95% of the value of a service in the time it takes to merely perform the transaction, something is very wrong with the currency.

Also, sitting around in a seedy hotel room waiting for transaction confirmations and making small talk with a hooker is rather uncomfortable, mainly because they just won't shut up about Battlestar Galactica. In my experience, hookers who take bitcoins absolutely love Battlestar Galactica.

Furthermore, if this hooker had charged me for the total time involved (transaction time plus sexual service), and refused to be pre-paid for an "estimated" total, then I could feasibly pay an infinite sum of bitcoins. Say I'm paying for 60 minutes of services with 10 BTC and she needs 3 confirmations minimum before proceeding. On average, by the time 3 confirmations occur, 30 minutes will have passed. Now, if I still want 60 minutes of sex, I need to pay 5 more BTC. Then 30 more minutes would pass and I would pay another 5 BTC. At this rate, I'll never be able to actually have sex but would merely keep paying money for the time it takes just to process the money that I keep paying.

If, however, she charged for the transaction time but took "estimates" in advance and refunded the excess, I would still be paying, essentially, 50% more than those paying with dollar bills. That is a premium that I just cannot accept.

But hey, atleast you can purchase a flesh light and not worry about confirmation times!


Title: Re: What are You buying with bitcoins?
Post by: Ayo_4_Yayo on September 19, 2011, 01:50:34 PM
MORE hardware.....to mine MORE BTC.  ;D

A self inflicted pyramid scheme, well I never...!


Title: Re: What are You buying with bitcoins?
Post by: RaTTuS on September 19, 2011, 02:00:23 PM
anything
Spendbitcoins.com FTW

though not bought anything for a while


Title: Re: What are You buying with bitcoins?
Post by: fcmatt on September 19, 2011, 02:49:34 PM
I have donated to a few people who write software as well as give small amounts of BTC to new
users so they have something in their wallet (.1 for example). Not exactly buying stuff but obviously
a transfer that had a purpose.


Title: Re: What are You buying with bitcoins?
Post by: GideonGono on September 19, 2011, 03:38:28 PM
I bought a blowjob in Nevada with Bitcoins, but then the exchange rate dropped off a cliff by the time I received my services and she only gave me half a blowjob. Trust me on this, fellas, when I say that half of a blowjob is pretty much pointless. I'd have preferred it if she gave me the latter half of the blowjob, even though it seems chronologically improbable. It is, of course, common knowledge in the blowjob industry that the latter half of the blowjob is what you're really paying for. In fact, most of us who pay for blowjobs would rate, in consideration of benefit, utility, and quality, the last 10 seconds of the blowjob to feature 90% of the value. For example, a 10 BTC blowjob, if offered to potential blowjob recipients in fractions, would only sell equivalently to the full blowjob if a first-half blowjob was offered at a rate of just under 0.5 BTC.

So, doing the math on this, my bitcoin-to-blowjob purchasing power actually dropped 95% during one transaction. I paid for a complete blowjob, but lost 95% of the value. If I was thinking at the time, I would have done the math and instead downgraded the service to a handjob. A full handjob has a much higher value than half of a blowjob.

As much as I like Bitcoin, I think that in cases where sexual services are being bartered you should use a hedging escrow account of some sort. This would essentially bring such services back to being dollar denominated. Yes, this is bad for Bitcoin, but when I'm losing 95% of the value of a service in the time it takes to merely perform the transaction, something is very wrong with the currency.

Also, sitting around in a seedy hotel room waiting for transaction confirmations and making small talk with a hooker is rather uncomfortable, mainly because they just won't shut up about Battlestar Galactica. In my experience, hookers who take bitcoins absolutely love Battlestar Galactica.

Furthermore, if this hooker had charged me for the total time involved (transaction time plus sexual service), and refused to be pre-paid for an "estimated" total, then I could feasibly pay an infinite sum of bitcoins. Say I'm paying for 60 minutes of services with 10 BTC and she needs 3 confirmations minimum before proceeding. On average, by the time 3 confirmations occur, 30 minutes will have passed. Now, if I still want 60 minutes of sex, I need to pay 5 more BTC. Then 30 more minutes would pass and I would pay another 5 BTC. At this rate, I'll never be able to actually have sex but would merely keep paying money for the time it takes just to process the money that I keep paying.

If, however, she charged for the transaction time but took "estimates" in advance and refunded the excess, I would still be paying, essentially, 50% more than those paying with dollar bills. That is a premium that I just cannot accept.


lol where you high when you wrote this?


Title: Re: What are You buying with bitcoins?
Post by: ensign_lee on September 19, 2011, 03:46:57 PM
Some programming services. A few pranks.

Oh, and scams. Spent $450 on scams. :'(


Title: Re: What are You buying with bitcoins?
Post by: nefanon on September 19, 2011, 03:48:00 PM
Oregano


Title: Re: What are You buying with bitcoins?
Post by: bcforum on September 19, 2011, 04:01:38 PM
Oregano

I just go down to the corner oregano store and select from the wide range of oregano they have to offer. They also have a number of oregano food items, but i prefer to make my own.



Title: Re: What are You buying with bitcoins?
Post by: netrin on September 19, 2011, 04:13:28 PM
encryption device
advice
crafts
basket of currencies
loose tea
home cooked dinner
silver
oh, and a dog sitter while out of town


Title: Re: What are You buying with bitcoins?
Post by: MadSweeney on September 19, 2011, 11:05:21 PM
I bought a blowjob in Nevada with Bitcoins...

The Hamburger is back!

So what did I buy with bitcoin? Encouraged Horkabork's cavorting with a tip, for one.

For another, tipped bitcoin-trader.blogspot.com and trying to tip bitcoinmoney.com if not for the trouble with my deposit to youtipit.org. Hello, youtipit, my deposit isn't getting through!

Played bittleships.com and bet at moonco.in (down again), betcoin.eu and bitlotto.com.

Bought shares of SMM, LIF.A and LIF.B at glbse. Would like to buy shares of Bitcointorrentz once I get new bitcoins.


Title: Re: What are You buying with bitcoins?
Post by: BladeMcCool on September 20, 2011, 12:13:25 AM
I bought some online SMS message receiving services, and from another company I bought a DID number in Victoria BC with a bit of calltime.


Title: Re: What are You buying with bitcoins?
Post by: Phinnaeus Gage on September 20, 2011, 12:55:55 AM
Oregano

Oregano! Were you high or what? Let me guess that next week you're going to buy Parsley, Sage, Rosemary and Thyme (copied and pasted, hence the caps).

Well, at least you didn't pay for half a... and have to wait for confirmations.


Title: Re: What are You buying with bitcoins?
Post by: flaxceed on September 20, 2011, 06:02:53 PM
A lot of people are buying diet pills and Kamagra (generic Viagra) from me even if they will not fess up here.


Title: Re: What are You buying with bitcoins?
Post by: senbonzakura on September 22, 2011, 10:44:43 PM
with dividends from ibb and selling my ibb shares I bought:

casascius coins

bit brew coffee

bitcoin silver  coins

looking for (non-mining/ non-gambling) shares to invest in & other bitcoin related items


Title: Re: What are You buying with bitcoins?
Post by: xxxcoin on September 27, 2011, 01:03:10 AM
Purchased:

Gemstones
Silver coin

So far anyway :)


Title: Re: What are You buying with bitcoins?
Post by: WiseOldOwl on September 27, 2011, 01:10:44 AM
PCI riser cables

Nails and stuff for girls

T shirts

Advertising

Gambling Credits

Ill post more when i remember them


Title: Re: What are You buying with bitcoins?
Post by: deslok on September 27, 2011, 01:12:37 AM
Radeons, a KVM, a domain, silver, a few things from bashfo for the lady and i'm sure things i've forgoten