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Author Topic: What can we buy with one BTC? And is buying something with BTC worth it?  (Read 10729 times)
Rana590
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May 21, 2019, 02:56:07 PM
 #41

Generally bitcoin is using for trading, investment or gambling. But globalization has changed the atmosphere. There are a lot of Marchant who are accepting bitcoin as their payment method. Now, people can easily purchase products with bitcoin.
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May 21, 2019, 04:10:03 PM
 #42

Because of the conditions in place I have not legalized bitcoin so I have not used bitcoin as a payment tool, but exchanged it with fiat first to buy goods.

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May 21, 2019, 04:30:54 PM
 #43

I have used bitcoin to buy things and most to.e I use it to pay for softwares and games online and it one of the fastest and secured way of carrying out transactions. But huge Percentage of my usage is when I exchange it for cash to pay for goods in my local stores.
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May 21, 2019, 07:32:43 PM
 #44

Here on my country if i sell now 1 bitcoin i can buy a good car, or if want i can buy more cars, 2 or 3, or if i want i can buy a pc and some smartphones directly with bitcoin but i don't need them now. I think is better now to hold bitcoin until grow and not buy with.
Ridwan Fauzi
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May 21, 2019, 07:58:35 PM
 #45

You should be aware bitcoin can be use as both function buying stuff and an investment place but you can't do it with money fiat. Money fiat is not an investment place, you can't rely on that in the future you will get profit if you still hold $100 from now on. But most likely your $100 will add if you buy bitcoin and hold it for long term.

Indeed, just a few merchant who accept bitcoin as payment system although it's about where you live. Maybe in some countries ever there the bitcoin user can buy everything with bitcoin. Government's regulation will make it happens, as much as possible the user bitcoin in your country must encourage to your government in order to accept bitcoin as payament system, so you will find a lot of merchanta who accept bitcoin.
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May 21, 2019, 08:05:51 PM
 #46

Well, I bought many things with BTC already.. since plushies (lots of them lol) to smart TV and things like that..
Also hopefully I will be able use it to buy a bigger house by the end of this year if BTC prices predictions are correct

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Gaff
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May 21, 2019, 08:49:21 PM
 #47

Generally bitcoin is using for trading, investment or gambling. But globalization has changed the atmosphere. There are a lot of Marchant who are accepting bitcoin as their payment method. Now, people can easily purchase products with bitcoin.
If that would help bitcoin's community build a strong foundation with regards to adoption, possible passive income generating business will be established soon. Bigger businesses will boom using bitcoin transactions became widely patronized by people, and it will help the value of each bitcoin became higher compared with normal currency. Bitcoin has no limitations.
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May 21, 2019, 09:20:44 PM
 #48

until now I have never bought anything directly with bitcoin except exchanged it for fiat money, but as bitcoin evolved, more and more online sales received payments with digital money in several countries but not with my country ....

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May 21, 2019, 09:30:08 PM
 #49

You are right.  for a while.  now we use BTC as an investment and for trading.  in some major countries already use BTC for payments.  even some countries make crypto an asset to improve the economy.  BTC and crypto transactions in my country are banned.  but individually, I have used BTC to buy clothes to my friends.

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May 22, 2019, 05:14:31 AM
 #50

until now I have never bought anything directly with bitcoin except exchanged it for fiat money, but as bitcoin evolved, more and more online sales received payments with digital money in several countries but not with my country ....
Yes, I have never done anything like that because I also have not found a purchase or transaction using bitcoin in my country of residence.
but over time I believe in my country someday it will adjust other countries that can use bitcoin as an alternative payment or transaction.


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Rahman11
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May 22, 2019, 05:45:01 AM
 #51

I think you can now buy many products via bitcoin around the world! some of are countries now also directly support buy/sell via bitcoin, it's a good news for you! but it's for only some limited countries! better option is you can exchange bitcoin for paper money, many of countries around the world give you opportunity to exchange with their local currency! bitcoin is a volatile digital currency so everyone interested to hold their bitcoin for future growing! it's money, yes it's valuable then other regular currencies by it's own system.
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May 22, 2019, 05:50:46 AM
 #52

If the value of Bitcoin is treated as a Bitcoin then it is worth to buy goods with it. In very few countries BTC is accepted as a mode of payment but sooner or later it is going to be accepted worldwide and that's the fact!
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May 22, 2019, 05:53:24 AM
 #53

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 also can be as an investment and currency too. With one bitcoin you can buy anything, i mean 1 bitcoin is worth as almost $8k and with $8k you can buy some luxurious thing like car and many else.

I bought something with bitcoin last year, i bought a new pc with it.

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May 22, 2019, 06:06:06 AM
 #54

You can buy anything with the right tools.

For example, I use Blocpal www.blocpal.com to pay for some stuff at local stores.
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May 22, 2019, 07:29:38 AM
 #55

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 to name a few; however, depending on the locality and where you're in, Bitcoin can be used to pay for goods and services, sometimes, like any other currency in the market. I think the difference with Bitcoin and other digitally converted currency or medium is the fact that people choose not to use it that way. Right now, if you would use Bitcoin or cryptocurrency as any currency out there, then it would be the weakest and simplest way to use it, which in turn, would not serve it's currency purpose, which is as an investment medium. I mean, why would you use it that way, when you can use it to work for you.
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May 22, 2019, 07:56:22 AM
 #56

A lot of things we can buy using 1 bitcoin. As a matter of fact, we can buy even half of it or even 50k satoshi. If ever, I have 1 bitcoin in my wallet I will never sell it until the price goes to 40K dollars. I hope that it will come true before I grab my 1 bitcoin. I buy lambo soon and grab a house and lot.

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May 22, 2019, 11:04:13 AM
 #57

Today you can buy anything with btc, the only question is how fast will you find a seller with a good offer. But with some time and efforts put in, you will eventually find it. However, btc is really much more an investment tool than a currency. Bitcoin is more a crypto commodity. With 1 btc you can buy a lot of stuff, but if 1 btc is all you have, it's better to leave it for the future, as it can save you a lot of money or time to make the equal amount of money.
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May 22, 2019, 11:38:20 AM
 #58

For the past 4 years I have bought several items by selling some bitcoins, and some of them have become long-term investments, so that later my dream of buying a home will come true.
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May 22, 2019, 06:24:30 PM
 #59

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?

I have been using bitcoin to buy things for the past 3 years. I only use fiat for food/petrol/rent but the person I pay rent to has started accepting bitcoin and said they will allow me to pay in it so they can keep it as an invesment. The lady I rent from is clever like that.

Anyway here is a short list of somethings I have bought with bitcoin just so you have an idea.

Video games (lots of these)
An entire pc+eth mining rig
Gardening supplies
Cannabis seeds
Cellphone airtime
Netflix giftcard
Google giftcard
Online subscriptions to adult entertainment sites as well as exclusive forums.
Electronic equipement
Electric plugs/adaptors
Lights/Led
Airbrush kit and paints
Arts & crafts supplies
Figures
Software
Shoes
Certain brands of clothing from certain online stores


There is much much more, these are all online and deliver to my house. There is also a mining store where you can buy coffee and tea and treats for various crypto. It is the only physical place you can walk in and spend bitcoin.

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May 22, 2019, 06:29:55 PM
 #60

I believe that the most profitable coin is Bitcoin.  He is always in trend and he will always grow and develop.  Because this is not a coin, this is already a legend.

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