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Author Topic: Buying goods or services using crypto  (Read 21291 times)
texgeek
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March 17, 2019, 09:30:37 PM
 #61

On deep web you can found a lot of markets using 100% cryptocurrencies,

You can found e-digital things, as google play cards, netflix cards, etc.

Obviously not have any procedence of this products, but you can sell a full strong marketplace with milions market cap running there, a lot of time.

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March 17, 2019, 10:15:38 PM
 #62

Actually Bro my country's government don't allow bitcoin, so bitcoin is not directly exchangeable in our daily market. But dollars is approval in my country. First I converted bitcoin as dollars, then I bought commodities with dollars.

Well, most of the people convert bitcoins to their local currency before they can actually use it. The fact is that there are not many options available where one can buy sell using crypto.

There are Two major reason of this.

1- Government discourage the use of Bitcoins
2-Bitcoin is too much volatile that sellers do not want to accept it as a currency.
I disagree with you mate, it is very easy now because it is modern age where things are turning to digital system the same way we really need to have some authorities by our government which is happily given to us because crypto currency is not only beneficial for investor but also it is good for the economy of the country.

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March 18, 2019, 12:04:24 PM
 #63

It is obviously we saw how people get interest into crypto and know its uses. Unfortunately, not totally everyone we're using it for now due to its acceptance of the market and some companies aren't acceptng crypto as a mode of payment. But it for sure, there will be the right time for it and even salaries would be converted by then. 

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March 19, 2019, 04:01:12 PM
 #64

It is obviously we saw how people get interest into crypto and know its uses. Unfortunately, not totally everyone we're using it for now due to its acceptance of the market and some companies aren't acceptng crypto as a mode of payment. But it for sure, there will be the right time for it and even salaries would be converted by then. 
  But now almost everywhere bitcoin is being use, as its massive adoption has increased its value and importance all over the world, people are happy to have bitcoin because it is surety about future and it is easy to use for online purchasing, experts has predicted bitcoin as future global currency as it is spreading too fast all over the world.
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March 19, 2019, 10:05:07 PM
 #65

It is obviously we saw how people get interest into crypto and know its uses. Unfortunately, not totally everyone we're using it for now due to its acceptance of the market and some companies aren't acceptng crypto as a mode of payment. But it for sure, there will be the right time for it and even salaries would be converted by then. 
  But now almost everywhere bitcoin is being use, as its massive adoption has increased its value and importance all over the world, people are happy to have bitcoin because it is surety about future and it is easy to use for online purchasing, experts has predicted bitcoin as future global currency as it is spreading too fast all over the world.
This could probably change the thoughts of the others that crypto are just a scam. With this mass crypto adoption will give us confidence that there is a change of trends directions,  and could bring us back those losses we had last year.

Government leaders also will open up their minds and to see good things that crypto can be contributed into the community. Having their support will boost also it's growing developments.
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March 23, 2019, 09:31:38 PM
 #66

as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback
The bear had not subsides while its quite obvious that buying goods and services with cryptos is not advice-able for now rather its preferable to hodl going by all the above comments.
I once fell to the trap of buying services with bitcoin in the era of pre ATH of bitcoin in 2017 I was shocked when I calculated the profits that will have been accrue to me if I didn't offer those BTC for those service infect its was indeed a massive loss of which has been a great lesson to me.
Yes there are a lot of credible  platforms to buy goods and services with cryptos if you had already made up your mind in using them.

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March 23, 2019, 11:45:15 PM
 #67

as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback
The bear had not subsides while its quite obvious that buying goods and services with cryptos is not advice-able for now rather its preferable to hodl going by all the above comments.
I once fell to the trap of buying services with bitcoin in the era of pre ATH of bitcoin in 2017 I was shocked when I calculated the profits that will have been accrue to me if I didn't offer those BTC for those service infect its was indeed a massive loss of which has been a great lesson to me.
Yes there are a lot of credible  platforms to buy goods and services with cryptos if you had already made up your mind in using them.
That's is we should have to be considerate all the time and using crypto for buying stuff and some services is just an option which it is intends for its creation and purpose. Just only be sure that doing any transactions never falls into scamming activities as it mostly happen right now.
This is how risk we used crypto buying good services but it gonna be an issue if we used for good and not for frauds and illegal activities.

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March 24, 2019, 01:06:11 PM
 #68

On deep web you can found a lot of markets using 100% cryptocurrencies,

You can found e-digital things, as google play cards, netflix cards, etc.

Obviously not have any procedence of this products, but you can sell a full strong marketplace with milions market cap running there, a lot of time.

Of course DeepWeb uses crypto currencies because they are anonymous and no one knows who is buying /selling there. But that's should not be the only use of crypto. Crypto currencies should be used in our daily lives where we can buy and sell daily house hold items and groceries using bitcoins.

Every merchant should include an option of payment in crypto. This is the real use of bitcoin and other currencies.



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March 25, 2019, 10:42:07 PM
 #69

Presently crypto market is not that doing too bad. In Australia binance has launched an outlet where crypto enthusiast can buy stuffs using bitcoin i guess that will help

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March 26, 2019, 08:52:29 PM
 #70

Actually Bro my country's government don't allow bitcoin, so bitcoin is not directly exchangeable in our daily market. But dollars is approval in my country. First I converted bitcoin as dollars, then I bought commodities with dollars.

I am sure that this is what people did so far and I think it's not just because the governments allow bitcoin or not. People still feel comfortable to use fiat than crypto to buy goods or service although some people were trying to use crypto right now. What we need right now before we use crypto is seeing the merchant join in the crypto world and they were accepting the crypto payment so people will have an option to pay. Once there is a lot of merchant join in crypto, we will see an easy way for people to use crypto more than before.
Yep, definitely agree with you guy. Using fiat money to pay for something like goods, services is such a very long-lasting tradition in most of places in the world. Besides,  because the number of customer uses fiat is the most dominant, so almost all dealers accept fiat popularly instead of crypto. If you want to use crypto to buy something you need, this time is not a great time to use your coin to buy anyway. Firstly, the limited market which many shops don’t accept crypto, so you maybe have little choice to buy or even you feel uncomfortable. In addition, you’d better hold with the bear market, because if you use it to buy, it is like you have a little of money, hence also you can buy just a little of thing, I advise you to hodl.

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March 27, 2019, 08:12:40 PM
 #71

No no I don't buy anything goods or services using cryptocurrency online virtual currency because my country don't directly permit bitcoin as trading system.

Every country always has gaps in any case including transactions, that's where some opportunities are usually well presented, for example:
P2P transactions and Shop online, if you're afraid of the restrictions they make, you don't need to spend your crypto in your country, because you can use your crypto by buying goods on various online sites abroad and that too if you're seriously interested in using cryptocurrency as a transaction tool.

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March 27, 2019, 09:12:14 PM
 #72

Presently crypto market is not that doing too bad. In Australia binance has launched an outlet where crypto enthusiast can buy stuffs using bitcoin i guess that will help
Yes crypto currency is not going that bad I know it is not hat high in price but very soon it will be high and we will be able to gain profit at the end, after the launching ceremony of binance we are going to see crypto currency gaining more worth and importance, so better buy now we will be able to buy goods for bitcoin and crypto currency freely and reliably.

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March 27, 2019, 09:20:44 PM
Last edit: March 27, 2019, 09:50:55 PM by malikusama
 #73

~snip~

I disagree with you mate, it is very easy now because it is modern age where things are turning to digital system the same way we really need to have some authorities by our government which is happily given to us because crypto currency is not only beneficial for investor but also it is good for the economy of the country.


Although i oppose the reasons stated by @noormcs5 but I agree that still not many choices available to use your cryptos directly.
It is easy but still there are not many retailers or online stores which are directly accepting cryptos, I am not talking about only a specific region or country but whole world.

we really need to have some authorities by our government which is happily given to us

I can't figure out that what you are trying to say in this statement?

 
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futile-resistance
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March 28, 2019, 05:39:50 PM
 #74

Presently crypto market is not that doing too bad. In Australia binance has launched an outlet where crypto enthusiast can buy stuffs using bitcoin i guess that will help
Oh, that's really cool, but I can remember that the last time I made use of Bitcoin to pay for goods I got scammed for it. So, all this while I have stopped making use of Bitcoin for such. This time around i only use Bitcoin to send and receive money from friends and not for buying. And I either invest or just withdraw the money and I no longer use it for buying our daily needs. It mat take some more time before we will be seeing cryptos to be used for daily life in my country.

I guess due to heavy volatility, no big merchants are preferring accepting payments in crypto. At the same time, I am not seeing any possibilities for crytos to be stable in near future. It means we may take more time than we could imagine to buy goods for cryptos.
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March 28, 2019, 06:04:35 PM
 #75

as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback
Why do not You want to trade any tokens?On the exchanges a lot of tokens with small capitalization, which regularly fall or fly. In a year You could grow your capital several times.Naturally,you should not invest your capital only in one coin or token.
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March 28, 2019, 06:43:42 PM
 #76

Actually Bro my country's government don't allow bitcoin, so bitcoin is not directly exchangeable in our daily market. But dollars is approval in my country. First I converted bitcoin as dollars, then I bought commodities with dollars.

I am sure that this is what people did so far and I think it's not just because the governments allow bitcoin or not. People still feel comfortable to use fiat than crypto to buy goods or service although some people were trying to use crypto right now. What we need right now before we use crypto is seeing the merchant join in the crypto world and they were accepting the crypto payment so people will have an option to pay. Once there is a lot of merchant join in crypto, we will see an easy way for people to use crypto more than before.
Yep, definitely agree with you guy. Using fiat money to pay for something like goods, services is such a very long-lasting tradition in most of places in the world. Besides,  because the number of customer uses fiat is the most dominant, so almost all dealers accept fiat popularly instead of crypto. If you want to use crypto to buy something you need, this time is not a great time to use your coin to buy anyway. Firstly, the limited market which many shops don’t accept crypto, so you maybe have little choice to buy or even you feel uncomfortable. In addition, you’d better hold with the bear market, because if you use it to buy, it is like you have a little of money, hence also you can buy just a little of thing, I advise you to hodl.
I know it is long lasting and traditional money but it is modern age where we will have to move with time, in this age people are too fast and they want new technologies to grow the economy, so crypto currency as payment is best ever, we should take advantage of it and never let down our trust and believe for taking the online shopping services of crypto currency, because it is all about life time investment.

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March 28, 2019, 07:34:16 PM
 #77

if you want to hold other coins other than ETH and BTC, maybe XRP, XLM and BCH can be the next alternative, ADA also should not be missed if you want, and the four coins above are the best coins that I hold up to now,
I'm holding also XRP, it's a really good cause it has a high supply and not so volatile, but I'm sure that it will have a good potential to increase in the future. I'm just holding this crypto and the right time to buy, and about XLM and BCH, both of them are good too, I'm thinking to invest in these two coins, but I'll do that when I see at least a bit recover of the market, because it's dying right now.
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March 28, 2019, 09:56:40 PM
 #78

It is obviously we saw how people get interest into crypto and know its uses. Unfortunately, not totally everyone we're using it for now due to its acceptance of the market and some companies aren't acceptng crypto as a mode of payment. But it for sure, there will be the right time for it and even salaries would be converted by then. 

True mate. With the price of bitcoin I won't want to waste it on buying things for now, fait can serve that purpose for now. Moreover, there is no better site like Amazon or other brands that that accepts the bitcoin. Using alternative or third party tgat claims to help out for purchasing things is not trustworthy.
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March 31, 2019, 07:10:55 PM
 #79

On deep web you can found a lot of markets using 100% cryptocurrencies,

You can found e-digital things, as google play cards, netflix cards, etc.

Obviously not have any procedence of this products, but you can sell a full strong marketplace with milions market cap running there, a lot of time.
Yes, Deepweb uses crypto currency for buying and selling goods but we need the real world also using the crypto for such purpose. Although the companies are adopting crypto on their business but this adaption is at a slow pace.

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April 01, 2019, 01:12:54 PM
 #80

On deep web you can found a lot of markets using 100% cryptocurrencies,

You can found e-digital things, as google play cards, netflix cards, etc.

Obviously not have any procedence of this products, but you can sell a full strong marketplace with milions market cap running there, a lot of time.
Yes, Deepweb uses crypto currency for buying and selling goods but we need the real world also using the crypto for such purpose. Although the companies are adopting crypto on their business but this adaption is at a slow pace.
Will gonna be going into that but of course, we need to wait for years before it happen.
For now, only big companies where look into the opportunity and adopt the system. This may serves for encouragement with the small establishments and market players to step in and the way what the others do. From time to time, we all be surprised that everyone were using crypto for any transactions.

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