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Author Topic: Lmao @ people buying subway and etc w/ BTC!!!  (Read 5278 times)
steelboy
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November 22, 2013, 02:48:19 PM
 #21

I'd buy a subway sandwich for BTC then log on my computer and buy the equivalent back from the exchange.

Basically this. Ok, it's a little cumbersome for lots of small purchases but any big purchases you have coming up should be paid for with bitcoin. Just exchange the money to bitcoin that you need just before buying. Your total btc holdings remain the same and the economy is moving forward.
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MicroGuy
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November 22, 2013, 02:49:57 PM
 #22

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

You are making an assumption that Bitcoin will increase in value over time AND that these stores will save the BTC.

This is not a certainty and in my view also not probable. I think the capital that's currently being used to inflate the value of Bitcoin will soon start spilling over into the altcoins. Just take a look at Litecoin's recent move as an example.

Heck Max Keiser was even talking up Litecoin yesterday on his show.

References:
http://rt.com/shows/keiser-report/episode-526-max-keiser-025/
http://coinmarketcap.com/

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niothor
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November 22, 2013, 03:00:06 PM
 #23

If it weren't for guys who paid 10k BTC for a pizza , 1 bitcoin would be worthless by now

cowandtea
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November 22, 2013, 03:03:25 PM
 #24

Its cheaper to buy subway with bitcoin if you are going to sell at high price.... its transaction fee free :0

safeminer
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November 22, 2013, 03:53:18 PM
 #25

if you pay 3 dollar in BTC for a sandwhich today, you will still have payed 3$ in 2016...

It's just currency. If you buy BTC now, and spend it in 2016 you could say you are spending less than the actual costs Wink

And you are not spending all you fiat today because tomorrow they are worth less ?

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November 22, 2013, 04:00:52 PM
 #26

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on
You're an idiot. I wish this forum supported tagging so I could make a note.

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niothor
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November 22, 2013, 04:04:30 PM
 #27

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on
You're an idiot. I wish this forum supported tagging so I could make a note.

Here you go
https://bitcointalk.org/index.php?topic=264337.0

corebob
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November 22, 2013, 04:16:16 PM
 #28

Unless no one spends their coins, in which case in a year or two your BTC will be worth 0

Thats right.

Those who has a lot of btc should put some of them into the market we need to build, even if it doesn't pay off right away
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November 22, 2013, 04:22:37 PM
 #29

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

are you serious? when you buy BTC, just buy more by the amount you'd be willing to spend in cash. unless you're talking about people who are willing to starve themselves to become rich on BTC one day.

also encouraging people to hoard their BTC is not really going to help the value of yours.


You're right... Im glad more stores are accepting bitcoin and im glad people are spending it. I dont mean to encourage hoarding at all, however i wouldn't spend mine at this stage

I spend bitcoin all the time. It's a currency, to live it needs to be spent. Just keep buying keep spending, keep using it. Remember, the price of goods you buy stays more or less the same, it's just the amount of bitcoin that changes. So while yeah, if it's your investment just buy and hold, for the rest of us, use it, let it live.

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vandeam
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November 22, 2013, 04:31:58 PM
 #30

i would love to use my bitcoins.. but in my country there are only 5 places to use bitcoin.. so cant really buy much.. and far from home
only 1 restoruant :\
hilariousandco
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November 22, 2013, 04:33:09 PM
 #31

Unless no one spends their coins, in which case in a year or two your BTC will be worth 0

Thats right.

Those who has a lot of btc should put some of them into the market we need to build, even if it doesn't pay off right away

Nope. If people buy up all the shares of a company or all the gold or whatever, it doesn't make them worthless; it makes them rarer and therefore worth more. Bitcoin, like anything, only gets its value from what people are prepared to pay for it. And people are still buying and selling Bitcoin. Sure, there's more and more hoarders everyday, but Bitcoins are constantly coming into circulation via mining and those miners need to eat and pay their electric bills. Scarcity only pushes the value of something up and there will always be  people who decide to capitalise on this and sell their coins.

BTC is a currency after all, you are free to buy, sell, trade or save. Completely up to you.

adamstgBit
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November 22, 2013, 04:38:47 PM
 #32

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

this is stupid. just stupid. your stupid. i dont feel like explaining to you why your stupid.

adamstgBit
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November 22, 2013, 04:39:57 PM
 #33

i cant wait for a store to accept bitcoin in montreal

i have many $$  sitting there waiting to be spent using bitcoin.

indianplayers
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November 22, 2013, 04:44:11 PM
 #34

Look Nostradumbass like everyone says. Bitcoin is very risky it can be worth thousands, or nothing in 2 years, so why not spend and try to help it be on the thousands of dollars side. If you don't buy/spend this currency is going nowhere.
corebob
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November 22, 2013, 04:47:02 PM
 #35

Unless no one spends their coins, in which case in a year or two your BTC will be worth 0

Thats right.

Those who has a lot of btc should put some of them into the market we need to build, even if it doesn't pay off right away

Nope. If people buy up all the shares of a company or all the gold or whatever, it doesn't make them worthless; it makes them rarer and therefore worth more. Bitcoin, like anything, only gets its value from what people are prepared to pay for it. And people are still buying and selling Bitcoin. Sure, there's more and more hoarders everyday, but Bitcoins are constantly coming into circulation via mining and those miners need to eat and pay their electric bills. Scarcity only pushes the value of something up and there will always be  people who decide to capitalise on this and sell their coins.

BTC is a currency after all, you are free to buy, sell, trade or save. Completely up to you.

What are you saying nope to?
theecoinomist
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November 22, 2013, 05:50:19 PM
 #36

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

are you serious? when you buy BTC, just buy more by the amount you'd be willing to spend in cash. unless you're talking about people who are willing to starve themselves to become rich on BTC one day.

also encouraging people to hoard their BTC is not really going to help the value of yours.

Stupid OP's gonna be stupid

hacknoid
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November 22, 2013, 06:09:34 PM
 #37

So your laughing at me for buying stuff at a discount? I buy bitcoins, wait a month, then go 1/2 price shopping. Hahaha...  Huh

I'd buy a subway sandwich for BTC then log on my computer and buy the equivalent back from the exchange.

Two perfect solutions to the problem OP seems to think exists.  Go the first route if you hold faith that the exchange rate will go higher, or at least stay the same.  Take the second option if you want to play it safe.  In either case - YOU CAN ALWAYS BUY MORE!  See my sig below... it's not rocket science.  If you want to support the economy (and help it grow, along with any holdings you may have), just buy coin and spend it!

I've done this several times (route 1 above) and each time wound up getting the equivalent if a 10-20% discount.  Of course that was before the current price rise!

OP clearly has a pretty narrow view... OMG!  I spent my coins!  And there is no way to get more...  Roll Eyes

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Tirapon
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November 22, 2013, 06:14:21 PM
 #38

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

this is stupid. just stupid. your stupid. i dont feel like explaining to you why your stupid.

HAHA, f*cking LOL!
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November 22, 2013, 08:23:11 PM
 #39

I'd go buy a beer in Copenhagen right now with Bitcoin at http://www.thejane.dk/, if there was a bloody well-functioning bitcoin app for Windows Phone.
beetcoin
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November 22, 2013, 08:29:50 PM
 #40

OP is just a speculator who is in the game to make money, not to spread the idea behind what bitcoin stands for. he can look down on people as condescendingly as much as he wants, but he's still a self server.
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