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Author Topic: Is there anyway to buy alcohol online with bitcoin?  (Read 5542 times)
pragna
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November 21, 2019, 04:41:41 AM
 #41

And if not does anyone think that there is a demand for one?

I am not sure as i not bought it but worlds largest marketing site can be accept BTC to sell alcohol. waiting to my country to accept this kind of buy ans sell as a alcohol lover.

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November 26, 2019, 05:56:31 AM
 #42

Till now never heard anything about the alcohol buying through Bitcoin, it is an offence, maybe because they need to get a license from the authority for selling alcohol online. I hope I never heard anyone purchased alcohol online.
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November 27, 2019, 05:45:47 PM
 #43

There are some vineyards with such a good reputation, that you do not buy actual existing wine but you buy (reserve) the wine to be made few years in the future. Then they are stored by these purchasers for the next few years and then sold once again to the final customers on auctions. This is one of the ways people make money by investing in alcohol.

Maybe it would be worth to give a try (even for purely academic purposes), to make a bet like this:

1. Buy XX bottles of such wine for BTC (even if the wine would be stored at someone's else wine cellar)
2. Sell the wine to these final customers on auction
3. Compare the final value of the wine and BTC.


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November 27, 2019, 08:57:06 PM
 #44

You should check out our 'Food' category: https://spending-bitcoin.com/category/food

We have listed several websites selling wine, vodka, whiskeys and other sorts of alcoholic beverages.

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November 29, 2019, 01:59:37 PM
Merited by Linkkoin (1)
 #45

There are some vineyards with such a good reputation, that you do not buy actual existing wine but you buy (reserve) the wine to be made few years in the future. Then they are stored by these purchasers for the next few years and then sold once again to the final customers on auctions. This is one of the ways people make money by investing in alcohol.

Maybe it would be worth to give a try (even for purely academic purposes), to make a bet like this:

1. Buy XX bottles of such wine for BTC (even if the wine would be stored at someone's else wine cellar)
2. Sell the wine to these final customers on auction
3. Compare the final value of the wine and BTC.


The process you are mentioning (reserve the wine for the future) is called "En primeur" of "wine futures". It is a method of puchasing wines and invest before the wine is bottled.
It is very popular in Bordeaux area and this service is provided by Bordeaux Negociant (you can't buy Classified Growths at the Estate directly).

Purchasing to a Bordeaux Negociant ensures traceability and pristine strorage conditions, which are crucial in the wine industry.

Our companies (Lasserre & Papillon for B2C and btc-wine.com for B2B) are the only one Bordeaux Negociant to accept crypto currency as payment.

Fine wine are a great asset to diversify you portfolio into a tangible one (It could hedge crypto's market fluctuation as a tangible USDT!)


www.btc-wine.com - Online Fine Wine Merchant | Bitcoin accepted
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November 29, 2019, 03:39:55 PM
 #46



The process you are mentioning (reserve the wine for the future) is called "En primeur" of "wine futures". It is a method of puchasing wines and invest before the wine is bottled.
It is very popular in Bordeaux area and this service is provided by Bordeaux Negociant (you can't buy Classified Growths at the Estate directly).

Purchasing to a Bordeaux Negociant ensures traceability and pristine strorage conditions, which are crucial in the wine industry.

Our companies (Lasserre & Papillon for B2C and btc-wine.com for B2B) are the only one Bordeaux Negociant to accept crypto currency as payment.

Fine wine are a great asset to diversify you portfolio into a tangible one (It could hedge crypto's market fluctuation as a tangible USDT!)



Would you be so kind to give us such comparison?

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November 29, 2019, 03:50:49 PM
 #47

What do you mean exactly?
I am not sure to understand  Smiley

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November 29, 2019, 04:13:55 PM
 #48

What do you mean exactly?
I am not sure to understand  Smiley
Comparing "En primeur" price (its value in BTC) and the final sale value (and how much "en primeur" paid BTC price is worth now in USD).

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December 02, 2019, 09:41:17 AM
Merited by Linkkoin (1)
 #49

The fine wine Market is difficult to compare to the crypto one.
Crypto market is made of hundreds of dawning tokens while the fine wine market is comprised of ancient Estates.

Nevertheless I can give you some recent examples (B2B price EXW in €/bottle of 75cl):

Château Beychevelle 2018 (not yet in bottle):
-En primeur price release 06/05/2019: 60€ (BTC: 5200€)
-Current price 02/12/2019: 70€ (BTC: 6500€)
-ROI on the period: 14% (BTC:20%)

Château Pape Clément 2017 (in bottle now)
-En primeur price release 03/05/2018: 61.20€ (BTC 8400€)
-Current price 02/12/2019: 72€ (BTC 6500€)
-ROI on the period: 15% (BTC-30%)

On the whole, fine wine Market is more regular and less fickle.
This message is for informational purposes only, this is not investment advice.

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January 05, 2020, 06:20:15 PM
 #50

LOL world's important topic about bitcoin empowerment Grin Grin Grin

I believe this is bitcoin related this question still this is somewhere off-topic post which is not doll useful for the to industry people whoever being in this forum. Funny topic

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January 07, 2020, 08:38:05 AM
 #51

Not see a store accepting it so far and to take the hassle out aswell to make your life easier go cashout your BTC into Fiat and buy your alcohol needs on your nearest physical store since you can drink it right away while buying it online will take more days before it will reach on your hands.



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January 12, 2020, 07:03:59 AM
 #52

Not see a store accepting it so far and to take the hassle out aswell to make your life easier go cashout your BTC into Fiat and buy your alcohol needs on your nearest physical store since you can drink it right away while buying it online will take more days before it will reach on your hands.
Imagine you buy a bottle of beer online and it arrives in 2-3 days getting hotter in the climate. The actual taste of that beer will surely differ than the original one and in this case buying beer online might fail us. But, we can buy some fermented alcohol online as it would not matter how much time it takes to arrive it would remain the same as it is.

There are also some local sites where you can buy alcohol for an 1 day delivery speed but those are not yet available with the crypto payments and we need to pay with fiat on such platforms. Also I do not know if they serve in your country because fast delivery will need their nearby store-house from where they could fastly ship your bottle of alcohol.

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January 13, 2020, 09:56:50 AM
 #53

I think the fee is more expensive that the alcohol, lol.
Its like we are wasting our effort, time and money if we buy just a alcohol in online store no matter how many you buy because the fee's now are too huge and it takes many days to receive, so for me buying alcohol using bitcoin is a total waste.  Roll Eyes
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January 13, 2020, 03:47:23 PM
 #54

And if not does anyone think that there is a demand for one?
Buying alcohol with bitcoin sounds interesting.  At first I thought few people did it because the value of bitcoin was big and the price of a bottle of wine was small.  But then I saw some people posting on the forum that they sold alcohol and paid with bitcoin.  If such exchanges are wine buyers disadvantaged?

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January 15, 2020, 07:23:31 AM
 #56

If you want to buy alcohol with bitcoin just to avoid the legal age law in your country, I can’t recommend it.
But if you want it because the ease of transaction, I found this on reddit.
https://www.reddit.com/r/CryptoCurrency/comments/8q3pk3/our_online_liquor_store_has_been_exclusively/

Additional link where you can buy alcohol online/offline with bitcoin:
https://spendabit.co/go?q=liquor
https://99bitcoins.com/15-places-where-you-can-buy-beer-with-bitcoins/
http://spendbitcoins.com/places/c/beer-wine-spirits/

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January 15, 2020, 07:31:27 AM
 #57

I think the fee is more expensive that the alcohol, lol.
Its like we are wasting our effort, time and money if we buy just a alcohol in online store no matter how many you buy because the fee's now are too huge and it takes many days to receive, so for me buying alcohol using bitcoin is a total waste.  Roll Eyes
If there are convenience store that accepts bitcoin, like how to pay via QR code then it's possible with no fee as long as their both using the same wallet. There is small convenience store in my are that uses a crypto wallet though there is a need to convert it to fial first, but they are proposing now to accept also bitcoin as it's available in QR too and in that wallet that is popular in our country.

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January 16, 2020, 03:10:26 AM
 #58

Alcohol is something which can rarely be related to online e-commerce because a number of places have banned alcohol and it might be something which might affect buying alcohol online. Yet, I can see a number of platforms where we can buy wine, beers, vodka, etc online but I rarely went through platforms accepting bitcoins to buy alcohol online.

Recently I went across a project named Milae vodka and it is actually a Premium vodka brand in most stylish hand crafted moon like structure bottles. You can surely buy their vodka on their platform but I think that they have not yet started the online sale for the same because they are yet in their development phrase.

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January 24, 2020, 12:57:37 AM
 #59

I remember a project that went to ICO with a similar idea. But this project was not successful. Not surprisingly, the market for alcohol products is regulated by the state. It’s probably easier to just go to the store and buy what you need.

 
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January 24, 2020, 01:22:34 AM
 #60

I remember a project that went to ICO with a similar idea. But this project was not successful. Not surprisingly, the market for alcohol products is regulated by the state. It’s probably easier to just go to the store and buy what you need.
This is being regulated only for the purpose of medical needs. I believe the ICO project that backed with the drug buying and selling seems to be marijuana coin. To stop the illegal drug trade of necessary drugs for medical needs States regulated the usage. This way medical needs gets fulfilled and not the entire drugs.

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