Buying goods or services using crypto

[leea-1334]

Why does everybody tell me Microsoft accepts Bitcoin when actually I can simply Not find a single microsoft store that shows me I can pay with Bitcoin? And no, buying a Microsoft product from a vendor that accepts Bitcoin is not the same thing at all!

Sometimes I honestly feel like half of the people who talk about buying stuff with BTC have never actually purchased anything with it,,, Or is it Microsoft restriction for my country that I cannot find a Bitcoin for Office product for example?

Trust me, I know how you feel. Not sure which country you're from, but probably like me, considered too risky by Microsoft to allow for Bitcoin access.

But let's set it straight about Microsoft. No, you can't actually pay for stuff you buy with Bitcoin.

While most Bitcoin merchants anyway use a 3rd party processor like BitPay, what Microsoft does allow is to let you top up your Microsoft wallet using Bitcoin. But it's kind of worthless, cause you can't use it to get even Office, it's just usable for games/movies/apps... Windows and Xbox. Microsoft online store? Your (wallet) money's no good.

So to summarise:
Bitcoin --> MS wallet --> Store

Change your mind? Ooops, no refund. Yup. You gotta spend it, no other way to use it. Can't withdraw, can't refund.

So why would anyone except gamers and movie people (like we use MS to get movies!) use Bitcoin on MS?

Thank you for the explanation. So it must be my country restriction I guess,,, I am from a small Asian country, we are actually quite technologically aware,,, and we have a lot of modern payments, almost cashless except if you buy stuff from a hawker stall. I actually have a small amount of cash in my pocket all the time but seldom use it. So we can pay most things online instantly but it starts to get a bit difficult once buying overseas and as of yet still limited crypto means for purchases here. This could change soon but I will not be one of those holding my breath.

[futile-resistance]

This is a good thing to happen. Being able to buy goods and services using our own crypto currencies helps us to make some of our works easier most especially in terms of financial transactions and processes.

Yep it makes things easier for us all and there are lots of things that you can buy these days by making use of Bitcoin. Even things that used to seem impossible before, people had been coming up with ways of making them easy to access by using bitcoin. Just like Amazon, with the help of purse.io you can get whatever you need from Amazon and pay with Bitcoin. There are also lots of stores that are accepting Bitcoin these days too. There are also sites that sells luxury goods for Bitcoin just like the white company.

There are lots of thing you can buy with Bitcoin these days and that starts with making a purchase from Xbox; you can make use of Bitcoin to buy games and movies and even apps from the Xbox stores. So you should check that out, or you can even use it for a donation, there are lots of places that you can do a donation to. You can also make use of Bitcoin to buy gift cards that you can spend in stores and platforms where you can get these gift cards with Bitcoin are eGifter and Bitpay.

[wxa7115]

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

Despite the bear market, cryptocurrency is widespread in retail outlets. For example: Paytomat wallet. This is a multifunctional wallet on your mobile phone, with which you can make payments in many places around the world. If you are interested. If you are interested - https://paytomat.com/

 I know there are some wallets that are safe and we can hold our coin in it without being worry and we can use it anytime for anything but actually I am not agree to spend my coin right now as price is really low, but should keep our eyes open and checkout price boards and people interest to use it in any demanded market place for good profit as we know it is highly acceptable.

Spending your coins right now is a terrible choice, I know there are people that are desperate to try to get some benefit out of their coins and they will do anything they can to do it but spending your coins now will mean that when the price finally begins to recover you will not receive profits at all, in my opinion the worst has passed already and from now on we will see that market not moving much for sometime but at least it wont go down anymore.

And during the next year we are going to see the recovery of the price that we have been waiting for so long and when that happens you are going to be glad that you did not sold your coins and that you did not spent them either.

[d1ceplayer]

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 only thing you can do with it is not only to buy stuffs online, you can still use that money to invest in forex trading if you know how it works, so that you can make some money from there. Even crypto trading at this time of bear trend can still earn you some little profit. Overstock is the main market place for buying anything you need and making payment in cryptocurrency. There are other platforms where you can buy what you need and get rewards too for buying on their site.

[SirLancelot]

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

Once that I tried to buy something with Bitcoin, I got scammed for it. So you gotta be careful. Since then I have never bought anything with Bitcoin, cause I decided that I'm never going to use Bitcoin in buying anything. I'd rather sell my Bitcoin and make use of the money I got from it to buy stuffs that I need from legit sites. You can still try your luck, I see some people recommend overstock.

[spike420211]

The more opportunities for payment of goods and services with cryptocurrency we will have, the more rapidly will be the development of mass adaptation of cryptocurrencies in the world. This is exactly what stimulates projects to develop in the direction of convenience and speed.

[Genamant]

heck with bear and bull market, as i said if you can trade with both trends
you can use your btc or altcoins buying goods or services

[DoublerHunter]

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

Once that I tried to buy something with Bitcoin, I got scammed for it. So you gotta be careful. Since then I have never bought anything with Bitcoin, cause I decided that I'm never going to use Bitcoin in buying anything. I'd rather sell my Bitcoin and make use of the money I got from it to buy stuffs that I need from legit sites. You can still try your luck, I see some people recommend overstock.

Buying stuff using bitcoin/ethereum is very risky especially paying online only and not a legit site(it should be the well known and legit site), I may advice to always use escrow or third trusted person who holds the fund and the item to sell/trade. Because these cryptocurrencies are prone to scam and the majority who got fooled was a newbie and those noobs that easy to fool them. It is a very good decision if always have research to choose a legit store or company who accept crypto payment.

[logicgate]

heck with bear and bull market, as i said if you can trade with both trends
you can use your btc or altcoins buying goods or services

  We can use bitcoin whenever we want or need it as we know there are so many market places in my country too who accepts only bitcoin, so yes this is good idea to use bitcoin to buy goods of your demand and you can buy it to save your time and purchase online even it is at home but we can use it to get good news about the market price value the more you apply the more value and price will be high.

[syamster]

One way is to hold all the coins that are either btc or eth first, the one way is safer than the one Selling goods and services with existing altcoins,Because I see a market that is currently down

Good idea now a day only holding it good because price is not very high and it is good to keep holding because with the passage of time price of bitcoin will be high very soon, but in case of need we can sell or buy goods with bitcoin because it also contribute in progress and promotion of bitcoin price and value in market.

[Bezobraznike]

One way is to hold all the coins that are either btc or eth first, the one way is safer than the one Selling goods and services with existing altcoins,Because I see a market that is currently down

Good idea now a day only holding it good because price is not very high and it is good to keep holding because with the passage of time price of bitcoin will be high very soon, but in case of need we can sell or buy goods with bitcoin because it also contribute in progress and promotion of bitcoin price and value in market.

   You are one of those who keep bitcoin's in the expectation of the moon price.
Would you buy something for bitcoin now when the price is high, but not as much as it used to? I doubt.
   There are many people like you who are keeping and just collecting coins to sell it later by high price.
Actually, that fact stops all development you are talking about.
To promote bitcoin we truly should to forget its dollar's equivalent and make all deals in this digital way.

[LogitechMouse]

We can use Bitcoin to buy anything in the internet but the problem is there are only few establishments and online sites that are accepting it.

I think the establishments must accept crypto so that it can be used in everyday life but most of us are hodling it especially Bitcoin and they don't want to use it to buy some goods because they are hoping that it will give them huge profits in the long run.

[yvesp110]

We can use Bitcoin to buy anything in the internet but the problem is there are only few establishments and online sites that are accepting it.

I think the establishments must accept crypto so that it can be used in everyday life but most of us are hodling it especially Bitcoin and they don't want to use it to buy some goods because they are hoping that it will give them huge profits in the long run.

Yes some places have lack of internet access but at my place internet is very fast and being use for buy sell goods with bitcoin; there are so many stores in my country which applies online payment with crypto currency, and to be honest it made our life really easy and it has gives us more chances to spend a well developed life.

[mamesso]

My friend sells coffee and receives crypto for payment. I think this is more practical and we can reach buyers from various countries in the world. and fees using crypto are smaller than fiat.

[Timmzzy]

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

Since we are having some IEO coming up, while not invest your time to pick any cool projects that will definitely be worthful in future.

[d1ceplayer]

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

So I was able to make a purchase by making use of purse.io ,it was really cool ,though I have no intention of making use of it again. The only thing I really liked about it is the discount they give but I don't really know if I'm going to make use of it, maybe I will make use of it. If you want to buy anything by making use of crypto then you should try the purse site and get a discount. There are also other sites that you can make use of, just like Expedia, you can book whatever you want and make payment by using bitcoin.

[rysea2]

If there are still a lot of better crypto assets,Do not spend on buying goods, because bitcoin and ethereum this year will again rise and shine,The crypto market is also a good thing for developing virtual money going forward

I agree with you that bitcoin and ethereum will be able to bounce back and that is evidenced by the market increase that continues for several days even bitcoin is able to pass $ 7k. That way I think investing will provide more benefits than spending it only for goods or services.

[wxa7115]

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 only thing you can do with it is not only to buy stuffs online, you can still use that money to invest in forex trading if you know how it works, so that you can make some money from there. Even crypto trading at this time of bear trend can still earn you some little profit. Overstock is the main market place for buying anything you need and making payment in cryptocurrency. There are other platforms where you can buy what you need and get rewards too for buying on their site.

I do not really see the point in trading forex if you are already in this market, the profits you can get out of cryptocurrencies are many times higher than anything you could get out of the forex market and you must also consider the competition, in this market if one in one thousand is a professional trader then I will be surprised since the quality of most traders is very low, but in the forex market you can find the biggest players around the world and all of them are trying to get your money.

And you can be sure they are going to get it, since they can manipulate the market as they want while you are only a small fish that will become their victim.

[Distinctin]

If there are still a lot of better crypto assets,Do not spend on buying goods, because bitcoin and ethereum this year will again rise and shine,The crypto market is also a good thing for developing virtual money going forward

I agree with you that bitcoin and ethereum will be able to bounce back and that is evidenced by the market increase that continues for several days even bitcoin is able to pass $ 7k. That way I think investing will provide more benefits than spending it only for goods or services.

They have bounce back, but today they were down, this is the first time I saw a major dump in just one day, so let's hope this isn't that serious.
Bitcoin from $8K above trading, now only down at $7K again, hopefully we can hold on here and it doesn't matter if again it will take time to climb.
Fast pump would recent to fast dump, and we have seen the result now.

[mamesso]

The more opportunities for payment of goods and services with cryptocurrency we will have, the more rapidly will be the development of mass adaptation of cryptocurrencies in the world. This is exactly what stimulates projects to develop in the direction of convenience and speed.

The problem is the regulation and policy of the Government. Not all countries provide opportunities to use bitcoin freely. there are some countries that prohibit transactions with bitcoin. like in India and several countries in Southeast Asia.
takes a long time.