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Author Topic: Have you used Bitcoin as Real money to buy Real/physical goods?  (Read 30580 times)
investspot (OP)
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October 24, 2015, 08:26:56 PM
 #361

I have purchased a few things on Overstock and bought that with BTC.  A few movies/tv shows and it was all thanks to BTC.  I would love to be able to go to the store and use my BTC, but not enough places around me actually accept that so I am sort of waiting on that.

I believe some shops will start accepting bitcoin soon.
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October 25, 2015, 10:35:36 AM
 #362

Yes even if the bitcoins  called  ecurrency you can buy it anything you want. Honestly i use bitcoin and exchange it to real money to buy our foods and renting my house..
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October 25, 2015, 11:26:13 AM
 #363

I've never seen BTC anywhere in the real world in the UK, plus doesn't BTC have like 30 minutes + send time? That must have been an awkward wait Tongue

Depends on how much fee is included on the payment. Usually it takes around 20-30 mins. or less if you put the normal fee which is 0.0001.

That is one problem I find in transacting with bitcoins irl. Even getting a single confirmation takes several minutes. It is kinda slow for a fast-paced business imo.
You can have a nice coffee and chit chat with the buyer/seller while waiting for the confirmation, you know, getting to know each other Roll Eyes
Maybe you can make a new friends  Tongue
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October 25, 2015, 11:45:06 AM
 #364

just buy new smart phone, the cheapest one.
and also buy voucher for my game.
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October 25, 2015, 12:33:20 PM
 #365

Buy my first sofa set in our new house earlier using my saved bitcoins. Smiley

Like I said in the other thread, I entered family life last month and we are starting from a scratch.

With current btc price kicking it's not advisable to do dump but these are my coins and I can do whatever I want.

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October 25, 2015, 01:05:37 PM
 #366

Yes even if the bitcoins  called  ecurrency you can buy it anything you want. Honestly i use bitcoin and exchange it to real money to buy our foods and renting my house..

Indeed Bitcoin nowadays is real currency, some people tried to call it everytime as "virtual currency" but i think they re wrong. Because simply we can use Bitcoin totally as the other currencies to buy food and drinks, to purchase goods and services as you noticed here
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October 25, 2015, 09:08:59 PM
 #367

Yes even if the bitcoins  called  ecurrency you can buy it anything you want. Honestly i use bitcoin and exchange it to real money to buy our foods and renting my house..

Indeed Bitcoin nowadays is real currency, some people tried to call it everytime as "virtual currency" but i think they re wrong. Because simply we can use Bitcoin totally as the other currencies to buy food and drinks, to purchase goods and services as you noticed here

The proper term would be Ethereal currency i suppose? Its not gold but its not really any more or less real than FIAT which is pretty intangible too, since its just a value written on paper, or plastic nowadays.


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October 26, 2015, 04:11:28 AM
 #368

Bought an iPhone case from newegg last week.
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October 26, 2015, 08:44:56 AM
 #369

Bought an iPhone case from newegg last week.

That is the excellent use of bitcoins. Wish Newegg will hold the coin for some time, not just exchange it for fiat. This will increase the value.
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October 26, 2015, 11:14:50 AM
 #370

i brought a alienware pc by using bitcoins which i brought from an exchange for experimenting.

Playing games like call of duty and fifa is my life.  Grin   Roll Eyes
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October 26, 2015, 11:21:33 AM
 #371

So far not yet.
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October 26, 2015, 11:25:20 AM
 #372

Buy my first sofa set in our new house earlier using my saved bitcoins. Smiley

Like I said in the other thread, I entered family life last month and we are starting from a scratch.

With current btc price kicking it's not advisable to do dump but these are my coins and I can do whatever I want.

That is fantastic, did you use the bitcoin directly to buy the sofa?
Or you exchanged first from bitcoin to cash then bought that?
I was near to deal to buy a phone yesterday but i we couldn't deal as i required +5% Smiley Hope one day i will buy any electronic.
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October 26, 2015, 11:29:49 AM
 #373

Not yet, but there is a pizza place that accepts them:D
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October 26, 2015, 12:18:17 PM
 #374

I bought a lot of Litecoin mining equipment and other electronics from Amazon using Bitcoin, paying through snapCard when they acted as a personal payment processor prior to them becoming a wallet provider.

I purchased a Lamassu 'Douro' Bitcoin ATM with Bitcoin for roughly $6,500 (which I subsequently had to get a refund for due to personal circumstances.)

Yesterday I bought my lunch in a café in Dublin, Ireland, which accetps Bitcoin (Busyfeet & Coco Cafe), and I purchase things on Amazon now using https://all4btc.com/.

Previously bought laptop docking stations in person from a guy, so real-world, individual purchases too.  Smiley
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October 26, 2015, 01:56:14 PM
 #375

I bought a lot of Litecoin mining equipment and other electronics from Amazon using Bitcoin, paying through snapCard when they acted as a personal payment processor prior to them becoming a wallet provider.

I purchased a Lamassu 'Douro' Bitcoin ATM with Bitcoin for roughly $6,500 (which I subsequently had to get a refund for due to personal circumstances.)

Yesterday I bought my lunch in a café in Dublin, Ireland, which accetps Bitcoin (Busyfeet & Coco Cafe), and I purchase things on Amazon now using https://all4btc.com/.

Previously bought laptop docking stations in person from a guy, so real-world, individual purchases too.  Smiley

Is it much easier to mine LTC than BTC?
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October 26, 2015, 02:00:07 PM
 #376

Not yet, but there is a pizza place that accepts them:D

In Holland we got Thuisbezorgd.nl . You can order there all kind of meals, also pizza's.



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YraggarY
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October 26, 2015, 02:42:28 PM
 #377

I bought a lot of Litecoin mining equipment and other electronics from Amazon using Bitcoin, paying through snapCard when they acted as a personal payment processor prior to them becoming a wallet provider.

I purchased a Lamassu 'Douro' Bitcoin ATM with Bitcoin for roughly $6,500 (which I subsequently had to get a refund for due to personal circumstances.)

Yesterday I bought my lunch in a café in Dublin, Ireland, which accetps Bitcoin (Busyfeet & Coco Cafe), and I purchase things on Amazon now using https://all4btc.com/.

Previously bought laptop docking stations in person from a guy, so real-world, individual purchases too.  Smiley

Is it much easier to mine LTC than BTC?

It is if you're talking about the cost of equipment; Litecoin can still be mined with GPU's (as they use a scrypt algorithm) which hold their value relatively well, whereas Bitcoin mining will pretty much require an investment in ASIC's which are useless for pretty much everything other than Bitcoin mining. Bitcoin's difficulty is also exponentially higher than Litecoin's.

If you're talking about return on investment, it was a toss-up back then but Litecoin's price dropped hugely after I started to mine. I ended up selling all of my equipment within 6 months of starting my mining operation because the price tanked from ~$19.00 to ~$5.00. The cost to mine was more than my return, and I didn't see any price rebound on the horizon. I stay away from mining now and concentrate on day-trading. Nowadays if you're interested in mining, one of the alt-coins at any given time would probably be most profitable, and if you join a mining pool you can set your miners to automatically mine the most profitable coin.
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October 26, 2015, 02:45:37 PM
 #378

Currently looking on a 960 or a 780ti graphics card at Newegg. and bought some items like a cheap USB miner for bitcoins which I use for my hobbies, mostly.

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October 26, 2015, 03:21:21 PM
 #379

Not yet, but there is a pizza place that accepts them:D

In Holland we got Thuisbezorgd.nl . You can order there all kind of meals, also pizza's.

It's great to buy a pizza with bitcoin.  Grin
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October 26, 2015, 05:10:40 PM
 #380

I have so many temptations as my BTC savings grow monthly, but I must resist. I know I would be overpaying a lot whatever I buy with them, so it's better to stay a hodler. I wish I could spend more, but I don't have enough savings to feel comfortable doing so, so I would rather use fiat which is pretty much worthless to me at this point. The dollar has less and less trust yearly.
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