Mr Zet (OP)
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May 20, 2019, 09:25:37 AM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC?
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CryptoBry
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May 20, 2019, 10:12:31 AM |
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And this made me realized that I too have never bought anything substantial using Bitcoin directly as we usually convert our Bitcoin here to the local cash. Of course, with the cash we can buy anything we want. Bitcoin is designed as a peer-to-peer currency but this aspect is usually overlook and not given too much credit when we are talking about Bitcoin. People are more into holding and trading of Bitcoin these days. We need more merchants to be accepting Bitcoin and we need more Bitcoin holders to use their coin like cash. We would love to hear people buying cars, house and lot, big appliances, big-ticket jewelries and extravagant bags and the likes using Bitcoin (and one day maybe going to Mars can be paid by Bitcoin).
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BuxCoin
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May 20, 2019, 10:37:40 AM |
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i have seen bitcoin mostly been used in trading investing , and gambling most of them convert to local currency , bitcoin is mostly used in online transactions , less its used in local payments , best go to Singapore there many business accepts bitcoin
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Ailmand
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May 20, 2019, 10:42:23 AM |
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There are a lot of merchants that accepts bitcoin as payment. However, in some countries only selected few accepts bitcoin as payment. I haven't directly used bitcoin to purchase food, gadgets, pay bills and services, etc. However, the money that I have used to pay and buy fpr the things that I have mentioned above were from bitcoin. Let's just hope that as time goes by bitcoin will be fully accepted as an alternative payment method and serve as how it was intended to be used, not just a mere investment tool.
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Crypto Girl
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May 20, 2019, 10:59:46 AM |
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Is it right? Cause this is a currency after all.
It's meant for currency but how can we help it if we see its value growing. Who wouldn't be tempted to hold it anyway? Just imagine how far it grow already and you wouldn't think to spend it. And you, are you buying something with BTC?
Before yes just for paying bills but now I'm holding it until to have decent profit.
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rysea2
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May 20, 2019, 11:02:33 AM |
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i have seen bitcoin mostly been used in trading investing , and gambling most of them convert to local currency , bitcoin is mostly used in online transactions , less its used in local payments , best go to Singapore there many business accepts bitcoin
That's right, in developed countries bitcoin is better known and some of them have accepted it and there are even some stores that have accepted bitcoin as their exchange tool. Hopefully over time, knowledge of bitcoin can spread more widely and more countries also accept it.
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acroman08
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May 20, 2019, 11:12:28 AM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC? Most of us are. Bitcoin's price is too high and people would consider it a waste(especially in 3rd world countires) if they use it buying something rather than exchanging it to their local currency. even I wouldn't use bitcoin to buy something not just because it's expensive but because there's almost no company or store is accepting bitcoin.
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Erickan
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May 20, 2019, 12:11:03 PM |
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I've never bought anything with bitcoin, for me bitcoin is now closer to where I store assets than money. I also do not want to buy anything with bitcoin because I think in the future bitcoin will rise in price. My goal now is to store lots of bitcoin instead of using them.
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triplexi
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May 20, 2019, 12:42:26 PM |
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Same here, I've never bought anything with it either. I see it as an investment, not a form spending (yet).
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xvids
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May 20, 2019, 12:43:13 PM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC? Yes I use it to by load for my cellular phone and also to top up some cash on my Mobile games. I have been using it for a long time now and most of my fellow country men doesn't really like the idea of using it if we could use cash instead.
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Johnzky
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May 20, 2019, 01:12:19 PM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC? So far since the usage of Bitcoin in my place are limited,I can say that only in some occasions that I use bitcoin,yeah sometimes I use this currency to buy things online but most of the time I uses this to pay my Billings as this is the easiest and safest way of using this as money for transactions So basically,once there has a chance I use this but not constantly
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mu_enrico
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Slots Enthusiast & Expert
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May 20, 2019, 01:12:30 PM |
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You can buy freedom and peace of mind because Bitcoin is a non-debased currency that free from central banks' monetary policy. Depending on the Bitcoin price, you might be able to buy your future. *lol
No, seriously, I have bought copper membership and some social media bot followers directly using bitcoin.
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Nadziratel
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★777Coin.com★ Fun BTC Casino!
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May 20, 2019, 01:16:55 PM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC? You can get a lot with 1 BTC. But what you are going to get is about the current market value. I've used it for small shopping, but I wish it would be more common.
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FauxHammer
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May 20, 2019, 02:23:15 PM |
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I never thought of buying something serious with bitcoin, I just think it's too valuable for me to spend it on things right now
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truthfirm
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May 20, 2019, 02:34:19 PM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. I mostly consider it as an investment target. Is it right? Cause this is a currency after all. And you, are you buying something with BTC? Bitcoin is a long-term investment, if at this time you want to buy something with 1bitcoin, of course with a price of around $ 7K to $ 8K, you might not be able to buy big needs other than when you wait for bitcoin to return to higher prices. or you can buy altcoins that also grow well and sell when prices rise.
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Sebas.tian
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May 20, 2019, 02:42:39 PM |
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Luckily, there is a platform in where I live where you can use bitcoin to directly pay for you bills and other utilities. This however is not a smart move since bitcoin is a deflationary currency and at the same time an asset. It would be best spent on assets or things that would appreciate through time. Sadly, there isn't any platform here that enables that transaction.
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RodeoX
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May 20, 2019, 02:55:59 PM |
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It is the the money I use for purchasing anything on the internet. I have rarely sold BTC for dollars or other local currencies. But I use it all the time. Just ordered some nice Pendleton blankets over the weekend. https://www.overstock.com/Pendleton-blanket,/k,/results.html?SearchType=Header I don't get why so many people buy money then sell it? Ti's money, spend it up and save all the fees!
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tomahawk9
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May 20, 2019, 03:18:18 PM |
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New article on BlockChain24.co made me realize that I've never bought anything with Bitcoins. Really? You had to read an article to go " well damn, I guess haven't bought anything with bitcoin"? Really? I mostly consider it as an investment target. Is it right? You have the right to see it as whatever you want. To you, it's an investment, to others, it's an asset with a 'store of value' property, to me, it's all of that plus something that works as a medium of exchange. And you, are you buying something with BTC?
I've lost count of the things I've bought with BTC over the years: from domains, seedboxes, to t-shirts, few cups of coffee, hard drives, etc.
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Artemis3
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CLEAN non GPL infringing code made in Rust lang
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May 20, 2019, 03:30:56 PM |
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I actually bought my last GPU last year (a GTX1060) with bitcoin. The platform we use doesn't even support bitcoin, but at the last moment i asked the seller if he would accept bitcoin and luckily he did. A regular bank wire transfer would take a couple of days for the seller to check and send you a message telling you that it was ok to pick up the item (or ship it), but thanks to that bitcoin transaction (which lasted a mere hour) i could pickup the item that very same day, which was actually my first time i completed a transaction on that site THAT quickly... Of course that platform still doesn't support bitcoin, its supposed to use the country's fiat. But with our garbage fiat, everyone is simply hiding the "true" price in the comments or description, usually its in USD. If only more people used OpenBazaar or such...
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rdbase
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May 20, 2019, 03:53:28 PM |
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Many believe buying anything for bitcoin isnt worth it because it would be better to hodl those coins. Due to them being worth more over the next couple of months and then after they do increase in price a sense of regret will set in. Buyers remorse of the goods if you want to call it that.
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