Baby you're a rich man too

[kwoody]

Kwoody, did you transferred coins or did you exchange them to currency?

The car was purchased purely in BTC. I have not tracked those coins since the transaction. Finding a real estate agent in the USA that will take BTC is proving to be a challenge. As for stores and places like target, you can buy Gift Cards for Target using BTC. It's far from perfect, but at least it's possible to facilitate a transaction at a retail store, essentially using BTC as payment.

[empoweoqwj]

untill people like myself can get hold of the coins, then it won't work..Here in the UK it's easier to buy rocking horse shit  than to get hold of btc..

I've used localbitcoins.com to buy most of mine. Here's a bunch of people in London who will sell you BTC for GBP:
https://localbitcoins.com/buy-bitcoins-with-cash/1166811144/london-uk/

The premium is too much for me. Why not just use bitstamp or something?

[gentlemand]

Bitstamp turned into a massive balls up for me. They had their banking 'issues' just as the price went mad and it took nearly a week to deposit.

Localbitcoins et al did have an insane premium when prices were rising fast. When it's falling or level the premium becomes more acceptable. A few times it's been less than the exchanges. You have to keep monitoring it for the right moment.

In retrospect I wish I'd gotten all of my coins through there. I guess it depends on whether you think the price will be steady.

[empoweoqwj]

Bitstamp turned into a massive balls up for me. They had their banking 'issues' just as the price went mad and it took nearly a week to deposit.

Localbitcoins et al did have an insane premium when prices were rising fast. When it's falling or level the premium becomes more acceptable. A few times it's been less than the exchanges. You have to keep monitoring it for the right moment.

In retrospect I wish I'd gotten all of my coins through there. I guess it depends on whether you think the price will be steady.

I see. I never had any problems with bistamp. Guess you got unlucky, or I got lucky.

If someone is selling below exchange prices at lbc they won't stay in business very long

[empoweoqwj]

i used btc to buy this.



im doing my part...

We know, lol, its a big story

Drive safely

[franky1]

untill people like myself can get hold of the coins, then it won't work..Here in the UK it's easier to buy rocking horse shit  than to get hold of btc..

cough bitbargain.co.uk cough
also
localbitcoins.com

takes minutes to get bitcoins in the UK not 3-5 days such as the yanks

[Monica80]

i used btc to buy this.
im doing my part...

Cool, so you are the one in the news?

So I guess to sound the very main topic of this thread: Baby, you are THE rich man too

Not to derail the topic but I have seen some negative comments surrounding you... I guess that happens when you buy your first lambo, right?

[empoweoqwj]

i used btc to buy this.
im doing my part...

Cool, so you are the one in the news?

So I guess to sound the very main topic of this thread: Baby, you are THE rich man too

Not to derail the topic but I have seen some negative comments surrounding you... I guess that happens when you buy your first lambo, right?

Why the negative comments? If he crashed it the first night, sure, people would call him all sorts of things but I don't see anything wrong with buying a lambo. Most boy's dream .......... probably just jealousy.

[Monica80]

i used btc to buy this.
im doing my part...

Cool, so you are the one in the news?

So I guess to sound the very main topic of this thread: Baby, you are THE rich man too

Not to derail the topic but I have seen some negative comments surrounding you... I guess that happens when you buy your first lambo, right?

Neg eh? I'm not really a reader of the media but I'd like to know how this could be a bad thing.

I guess I should have mentioned negative in the forum, but yeah my comment: 

I guess that happens when you buy your first lambo, right?

was referring to jealousy from other members.

Actually, when the news was out about you buying the lambo, I thought this was a milestone in the btc history. Just like the guy spending 10,000 btc to buy pizza a few years ago.

[empoweoqwj]

i used btc to buy this.
im doing my part...

Cool, so you are the one in the news?

So I guess to sound the very main topic of this thread: Baby, you are THE rich man too

Not to derail the topic but I have seen some negative comments surrounding you... I guess that happens when you buy your first lambo, right?

Neg eh? I'm not really a reader of the media but I'd like to know how this could be a bad thing.

I guess I should have mentioned negative in the forum, but yeah my comment: 

I guess that happens when you buy your first lambo, right?

was referring to jealousy from other members.

Actually, when the news was out about you buying the lambo, I thought this was a milestone in the btc history. Just like the guy spending 10,000 btc to buy pizza a few years ago.

Lambo or pizza ......... the choice is yours

[luqash3]

Monica80 I really like your point that we shall not only sit on these bitcoins but in fact show the willingness to spend them also. I have heard someone brought Lamborghini from his bitcoins. By the way I am not a rich holder of bitcoin as I am waiting for it to either stabilize or doom forever. Like I don’t need to risk my hard earned money whose value might be overvalued hence a massive tumbling could be on its way.

[guybrushthreepwood]

untill people like myself can get hold of the coins, then it won't work..Here in the UK it's easier to buy rocking horse shit  than to get hold of btc..

cough bitbargain.co.uk cough
also
localbitcoins.com

takes minutes to get bitcoins in the UK not 3-5 days such as the yanks

And Bittylicious. It's the most simple exchange IMO. I don't understand how people find it so difficult to get coins, unless you're technically illiterate. Are people that lazy they just actually want somebody to send them coins whilst they do nothing?

[hilariousandco]

We just need to start spending our coins so that merchants see a value. Spreading the coins will stabilize the value or at least make it gain value in a healthier way.

Hording the coins with dreams that tomorrow it will reach $40k does not help.

This is a really naive outlook. People are spending their coins. People don't have to buy a load of crap they don't want just because they believe in the Bitcoin. What happens if the people you give your coins to then hoard them? Unless 99% of people are hoarders, then it's not a problem. I'll hold my coins and spend them when there's something I really want. I''m not going to fritter them all away on crap just because I want to promote Bitcoin. I can do that other ways.

[Monica80]

Well, that was kind of my original point. I want to be able to buy stuff I like but can't find stores accepting BTC and selling those things.

I have saved a little but willing to spend some like today if I could find a store.

I want to buy a MacBook Pro with with BTC. That is my goal.

[hilariousandco]

Well, that was kind of my original point. I want to be able to buy stuff I like but can't find stores accepting BTC and selling those things.

I have saved a little but willing to spend some like today if I could find a store.

I want to buy a MacBook Pro with with BTC. That is my goal.

Well you wont be able to buy a macbook if you spend all your coins now, will you?

So basically you want other people to spend their coins now whilst you hold on to yours until they become popular enough so you can buy a macbook?  I'm sure somebody will be selling a macbook for Bitcoins sooner or later. Put a request in the Goods section.

[artiface]

Being able to convert BTC to currency is great, but I was referring to being able to go to a store and pay with bitcoin.

I agree the price fluctuation would literally bankrupt most businesses. They won't be able to swallow a 50% lose in profit from one weekend to the next one. This is hurting BTC.

And another problem is that I would like to be able to buy stuff I really need or use directly! Like empowe mentioned. Go to target and buy stuff. That would be a dream.

Seriously have you looked at gyft?  Gyft will let you instantly turn your BTC into a target gift card which you can spend like cash at the store.  It works beautifully.  You can spend your bitcoins at hundreds of stores this way.  The stores don't lose because Gyft does the BTC to cash conversion so the stores get paid in cash and they don't take the BTC risk.  You get a giftcard at the current BitPay exchange rate which is usually better than if you tried to exchange for fiat, and it is instantly available on your smartphone (or you can print it out) to spend in the store. 

[SmoothieClau]

People don't have to buy a load of crap they don't want just because they believe in the Bitcoin.

Don't blow all your 'coins on crap, indeed, but since you've surely got daily purchases to make either way, do as the Bitcoin Jesus recommends and ask the magic question everywhere you go. 

[merockstar]

Everyday I go on gyft.com and buy a $10 gift card for for CVS.

Then I go buy beer... The cashiers ask me why do I always have this weird paper copy gift card.

I tell them about bitcoin... Just doing my part..  

The CVSes in my city are mentally deficient.

The have given me every possible excuse in the book to not have to sell me cigarettes with my gyft card. When stores in the county over (which I visit often) handle it just fine.

[guybrushthreepwood]

People don't have to buy a load of crap they don't want just because they believe in the Bitcoin.

Don't blow all your 'coins on crap, indeed, but since you've surely got daily purchases to make either way, do as the Bitcoin Jesus recommends and ask the magic question everywhere you go. 

And you'll probably get the answer "Bitcoin what?" back  .

[artiface]

People don't have to buy a load of crap they don't want just because they believe in the Bitcoin.

Don't blow all your 'coins on crap, indeed, but since you've surely got daily purchases to make either way, do as the Bitcoin Jesus recommends and ask the magic question everywhere you go. 

And you'll probably get the answer "Bitcoin what?" back  .

Did you even look at the website?  That is the whole point. If you ask "do you accept bitcoin" they may say "bitcoin what?"... the first time then next time, "bitcoin again?  i've heard of that", then next time someone asks  "I'd better find out about what bitcoin is since people keep asking about it", then next time ... "Yes we take bitcoin!"