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Author Topic: So, What did you buy with your bitcoins on Black Friday?  (Read 498 times)
CodyAlfaridzi
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November 30, 2019, 03:55:42 AM
 #21

End up didn't buy anything because I didn't find any too-good-to-be missed deal this year. Thinking about buying another hardware wallet but I think twice and decide that I don't need it.

A good message from your friend. It's true that we need to use our Bitcoin to encourage merchant. We often ask merchants to accept Bitcoin but then after they accepting it nobody uses it lol.

I don't understand why a lot of people are thinking this way.

Let's say you get a deal paying with bitcoin and instead of the normal price of 75$, you pay the equivalent of 60$ inBTC.
Since you would anyhow have spent the fiat, what is stopping you to convert either 75$ or 60$ in BTC and deposit it back to your wallet.
You end with the same amount of bitcoin (or more), you get your product and you encourage merchants to offer bitcoin as a payment method.
As simple as it gets!
Because it's too much hassle? There are also a lot of fee to convert fiat to BTC and sending it back to your wallet.
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November 30, 2019, 04:07:04 AM
 #22

I have supported used my Bitcoin several times and experienced the event where I regret buying in Bitcoin instead of using the actual conversion of BTC itself. If you did it a couple of times, you would understand the importance of keeping BTC when it's an uptrend and selling when there's a downtrend. Whether you know it or not, that's how volatile the market is right now.

It's not wrong to participate in Black Friday sales or Cyber Monday sales; you must buy what you really need or possibly want that would be useful for you in the long run. Anyone could support bitcoin as long as you use it once in a while or trade using it.

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November 30, 2019, 04:11:43 AM
 #23

Black friday in our country is like sale, so apparently what it means is you will spend your money on things that you really don't need
for me instead of buying unnecessary,

Not necessarily true. You can use once in a year opportunity like this to buy good stuff for less price. For example, upgrade your workstation, buy a new phone, and etc. Especially when it comes to computers and gadgets as the deals are really good (well, most of the time).

So, if your phone is now getting old, stack your bitcoins and wait for next year, you'll get a better phone for less money so you can invest the rest.

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November 30, 2019, 04:32:26 AM
 #24

Since the value of Bitcoin is not going well so this is not a good time for buying with Bitcoin at the current situation, I think when the Bitcoin price will get high then we will get a more amount of USD or any local Fiat, for me, That time is perfect for purchasing anything through Bitcoin, not only that but also holding Bitcoin is better option than buying with Bitcoin anything, whatever the case is, Basically I don't have any fondness of Black Friday, so buying with Bitcoin is not a good choice due to lack of worth at this moment, and that's why I didn't buy anything on this Black Friday. 

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November 30, 2019, 06:34:08 AM
 #25

Even though the BTC price has fallen, it can be still be used to purchase goods.
I bought a Bluetooth Mouse from Amazon by creating a listing for it in purse website for a discount.
It took a few days before someone fulfilled that order but I got good fifteen percent discount on it.
I didn't use my invested BTC but I converted the required BTC through fiat which took some time but received a good deal.
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November 30, 2019, 06:37:29 AM
 #26

Black Fiday is a long-awaited day for all those who love to shop. Buy some items that I want using bitcoin at a high discount if I'm interested too, Maybe I'll buy some tools that I need for a computer and some supporting accessories. I have prepared some Bitcoin for this Black Friday Event
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November 30, 2019, 07:09:15 AM
 #27

It is correct that we should at least spend our bitcoins not just hold it because it's a way to support merchants and promote bitcoin as well. Not only during black Friday or holidays but anytime we feel like spending it. Though I haven't bought anything because I don't want to spend my bitcoin on not so important things. And recently, I just bought something necessary so I have to save up before spending again.

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November 30, 2019, 08:40:46 AM
Last edit: November 30, 2019, 09:06:22 AM by taufik123
 #28

Maybe I will buy Ledger Nano S Hardware Wallet, because there is a special discount for Black Friday.
Discounts are valid from November 25th yesterday and will end on December 2nd.
30% discount applies to all Ledger products.
Not bad to save expenses this month.

Payments can use Credit Cards, Paypal and can use Bitcoin through the Bitpay Application.


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November 30, 2019, 08:52:38 AM
 #29

A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will
Your friend is completely right. Bitcoin is meant to be used not to be stored. If everyone will refrain from using it then it will have no value.

Anyway, you can make some purchases now during the black friday using your bitcoins, so you don't miss the huge discounts, then buy more cryptos with cash later and refill your wallets.

"Bitcoin is meant to be used" that's right. But the question is "is it going to be used in a right way?". Many people use their money in an unnecessary things such as WANTS. But that's what they want that's their money. But you should consider a lot of things.

What if we buy those poor people their NEEDS just for us bitcoin holder to help them. Since it's black friday, we can buy them foods, clothes, and anything that will benefit them. So that they will understand what bitcoin can do to people.

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November 30, 2019, 09:06:22 AM
 #30

Black Friday is much enjoyed on the western nation, and slowly getting spread over the Asian countries. This is just a tactic followed to increase the business during this time. I haven't purchased anything during this black Friday. I preferred to buy a product from Ali Express during this Black Friday, but the product I have added to my cart hasn't got any offer. This way I dropped the plan of buying, and my usage will be mostly in fiat after converting to fiat.

You can find sale on ecommerce site through out the year. Black Friday is truly a tact to attract customers on there site in the name of sale. Buying anything with BTC usually cost more then buying using fiat currency.

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November 30, 2019, 09:23:48 AM
 #31

not a bad item to spend on op plus you also got a huge discount . i dont shop yesterday not because i was having a similar mindset like you before but its just i dont have enough bitcoins on my wallet yesterday   .  i hear positive feedbacks about black friday shopping but event like this also help bitcoin to be used on what they trully meant for . also events like this were first to originate on other developed countries like u.s but on our place we have different date's for discounted shopping  .
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November 30, 2019, 10:06:42 AM
 #32

Well, we still have Cyber Monday for those people who have missed out. Someone gave some good advice in this thread, namely converting the

Fiat that you would have spend into bitcoins and paying for the goods and services with bitcoins. You will not regret the "buy", because you just

had that budget to use for that item or service. The problem come in when the merchant does not accept bitcoins, then you are forced to use the

Fiat or credit card. Many people do not have a budget for Black Friday, they just pull out the credit card.  Angry  (In a way, Bitcoin force you not to

make more debt)  Cool

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November 30, 2019, 10:31:13 AM
 #33

I had this tradition of buying hosting packages on black Friday sale with crypto but after 2-3 years I understood that am loosing more rather than gaining as the price of the crypto got doubled. These days I buy crypto on black Friday sale time.  Grin

For this weekend we are offering 20% off any of our products if using bitcoin (and a few other cryptos).


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November 30, 2019, 10:36:26 AM
 #34

Bought digital goods for my marketing.bought out Reach services for life time (like appsumo deals). Bought few gift cards.and all of money paid via bitcoin.but i can't buy physical goods because crypto is illegal in our country.   

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November 30, 2019, 11:48:52 AM
 #35

Ah yes, Black Friday...i made some cosmetic purchases but unfortunately the online market that i shop at don't accept bitcoin as a mode of payment so i had to liquidate some bitcoins and make the purchase in fiat. However, i made a request to their support team to inculcate this into their future plans because digital currencies is definitely the future. Hopefully, this would fall on good ears and improve upon the adoption of bitcoin. I did this in my own little effort. Y'all should try and do your best.

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November 30, 2019, 12:11:29 PM
 #36

I was expecting to spend some coins but it seems that the bearish vibe in the market has left a bad taste in my mouth. I prefer to hodl through for now and spend whenever the price has broken through $10k again.

I know that the prices can sink even lower and that spending now could be good, but it just doesn't feel good. Spending coins to see the price go up later on isn't something I and with me, many others don't look forward to.

I am aware that I can replace spent coins, but that's just not my vision of how money should be used.

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November 30, 2019, 12:28:42 PM
 #37

I bought nothing xd. I mostly don't buy stuff I don't need online or anywhere with or without sale, I just focus on buying things that I really needed in my daily life or in my future life. I really want to spend some wants but looking at bitcoins' current state you need to be careful about what you buy and make sure you need it because the money that can be used to fund investment will be wasted if you have done a wrong purchase.

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November 30, 2019, 12:30:42 PM
 #38

Zilch. I did a pre black Friday treat and bought a VR headset from abroad. When it arrived the goddamn thing wouldn't fit over my head as it's gargantuan. Now I'm waiting for a post black Friday Ebay cut in fees to move it on.
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November 30, 2019, 12:35:12 PM
 #39

In my opinion Bitcoins are far too valuable to be spent on black friday deals, unless you don't believe in BTC long-term. Just think a minute - if you sell 0.20 Bitcoin now to buy a TV at 40-50% off wouldn't you regret it some years from now when that 0.20 BTC could be worth $50k-200k?! Would you pay that much for a TV - do you really need that?  Huh

Better just confine with your fiat holdings and spend them so you avoid losing from inflation as well haha
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November 30, 2019, 01:12:29 PM
 #40

How do you even find merchants that accept Bitcoin and sell exactly what you need and offer competitive prices all at the same time? I buy most of my stuff either via my local online marketplaces or from big retailers. I never saw either of them accepting Bitcoin, so unfortunately I didn't spend my coins on this Black Friday. Supporting Bitcoin merchants sounds great, but I guess I'm just too seek them, but if places where I shop accepted BTC, I'd definitely spend some.

A good way is to look for local shops first, because it is easy to visit them or to buy online and get cheap/fast delivery. I did not know that I have few very good hardware shops in my country, but I try to google what is interesting (just to check prices) me with Bitcoin as an additional keyword. I think many don't even know what they can buy/pay for in their home country using Bitcoin.

Another way is to visit pages like this Spending-bitcoin.com - The biggest directory of webshops accepting Bitcoin! where we can find almost 1000 sites sorted by category, and all of them accept BTC as a means of payment.



I have in plan to buy a new hardware wallet for this Black Friday, but also some other things in my local stores.

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