So, What did you buy with your bitcoins on Black Friday?

[agentx44]

I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought

it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or

triple and you would regret paying for those goods and services with bitcoins.

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

simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued

a lot more.  

We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I

bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)  

So, what did you buy and did you support our Bitcoin merchants?

On the recent event, I wasn't able to do anything strategical. There is a lot of way on how you can double or triple the value of your bitcoin and the most possible way is through holding. You can actually use your bitcoin in many ways nowadays but physically, only few countrie regulate the use of it. We just need to wait for a bit till the whole world legalize the use of bitcoin. Events like black friday can be a good time to buy but can also be a dangerous time to buy so you should think about all your decisions carefully always.

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[worle1bm]

I have not purchased anything on this black friday sale because i didn't need anything at current but what my mentallity is that you need to enjoy your life rather than having optimistic mindset that $50 worth of btc could have double so there is no need to waste it?You need to promote crypto growth by trading in the market with merchants offering crypto services so rather than making btc a store of value make it as payment method.I have spend btc to buy some gaming stuffs earlier so next year sale will attract my needs.

[bitbunnny]

Actually I did buy few things but not directly with Bitcoin but with my Bitcoin debit card. Unfortunately not much merchants accept Bitcoin and the offer of goods and services that you could buy with Bitcoin on Black Friday wasn't good at all. Of course I haven't spent all my coins and for luck I have my Bitcoin debit card otherwise I couldn't buy anything.

[Aikidoka]

You really took a good decision to buy some stuff in black Friday using bitcoin, as your friend said, you should enjoy your bitcoins now and buy different things that you like to buy, bitcoin's price can even decrease in the next months, so when you had bitcoin you should at least use a little bit of your earnings to buy some stuffs, at least for yourself and also for the bitcoin community, I really spend around 300$ worth of bitcoin in the last black Friday and this year I didn't spend a lot.

[cotton ball]

I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought

it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or

triple and you would regret paying for those goods and services with bitcoins.

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

simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued

a lot more.  

We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I

bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)  

So, what did you buy and did you support our Bitcoin merchants?

I want to buy new mobile phone higher higher specification but not getting which site available to but it with lower price on black Friday time, almost people around the world waiting for black Friday moment to get some thing with lower price and if you life in United State you have many store giving discount on Black Friday.

[ragavancoin]

In my country bitcoin is restricted and merchants do not accept bitcoins.
First of all thank you Bitcoin Black Friday deal because many members will be holding bitcoin but they won't be able to spend or buy anything with bitcoin because there is no online bitcoin payment option. For such members this is actually a great platform to purchase in Black Friday.
I still hold bitcoin for upcoming year and right now i don't have any plans to buy either.

It is stored for my future so just gonna hold bitcoin

[stompix]

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.

~

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.

Ok, got that, we need merchant adoption, we need people using it ...but count me out because it's too much of hassle to buy bitcoins.
I'm pretty sure that if everybody would simply hold, don't buy anything, never clog the chain with their troublesome transactions we will all become rich with no hassle. I mean, why are we even talking about bitcoin, bitcoin will skyrocket to a gazillion even if nobody knows what bitcoin is. With a lot of sarcasm, BF offer!

[kamblepatry09]

I still hold bitcoin for upcoming year and right now i don't have any plans to buy either.

It is stored for my future so just gonna hold bitcoin

Holding Bitcoin for long time is a great idea, but now it is perfect time for buying goods within black Friday offer.. Anything could be happened at the end of the year, so I wanna buy necessity before big dump..   

[pixie85]

I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.

I spent some of my fiat on black friday merchandise. One of the things that I bought was a new phone because my old one had 4 years already. As long as I have fiat I will spend that first before any bitcoins.

[rdluffy]

I did not buy anything in past months, fiat or BTC, but you know you have a very good point here: spend BTC to support payments in BTC

People always asks for companies to start accepting BTC, but they never spend a single satoshi to support these companies and them, with time will stop to accept BTC and cryptos

It's a good idea

[Steamtyme]

I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.

Doesn't this seem incredibly short sighted. No one is saying spend all your coins today, but imagine if everyone thought that way. No BTC moving at all, just leverage traders going to town on sidechains. Do you think there would still be value in BTC or any crypto?

Not to mention we are also still 2X from the low this year. It doesn't always work out but holding every last Satoshi close and never spending them. Spend some save some = healthy market, and future profits.

Edit: I continued to try and find a way to buy something using my BTC, unfortunately the only thing I needed from Newegg at a price I would pay came from a 3rd party seller who wouldn't accept it.    So close.

So unfortunately I can only trade with people for FIAt, but at least I am avoiding currency conversion fees to USD.

[Mike Mayor]

I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.

Doesn't this seem incredibly short sighted. No one is saying spend all your coins today, but imagine if everyone thought that way. No BTC moving at all, just leverage traders going to town on sidechains. Do you think there would still be value in BTC or any crypto?

Not to mention we are also still 2X from the low this year. It doesn't always work out but holding every last Satoshi close and never spending them. Spend some save some = healthy market, and future profits.

Edit: I continued to try and find a way to buy something using my BTC, unfortunately the only thing I needed from Newegg at a price I would pay came from a 3rd party seller who wouldn't accept it.    So close.

So unfortunately I can only trade with people for FIAt, but at least I am avoiding currency conversion fees to USD.

I agree with you and I do not understand why not to spend bitcoins? It is a payment process why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat. Isn't that the point?

That's sad that you can buy so little. newegg is for people in the US mostly right? It is sad that you have nowhere to spend bitcoin.

I bought a whole lot of games on steam with giftcards I bought with bitcoin. I bought some stuff for my garden and some new seeds I paid eth for that. Netflix and googleplay I pay with bitcoin. I also got some nice deals on an investment on black friday. I also bought like a mug for someone for christmas. (a really cool gamer mug legend of zelda) a few other presents. Whatever you can things of really.

[pixie85]

I agree with you and I do not understand why not to spend bitcoins? It is a payment process why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat. Isn't that the point?

Do you really want me to explain why your idea is not going to work?

Hypothetical situation, I want to buy a new TV or a new car and you propose that I buy bitcoins with my fiat and then what? There are almost no places that would allow me to shop but even if there are some they usually are the expensive ones. A simple Honda or Ford will not offer you this option. The ones that do are exotic dealerships where prices begin with 50 thousand dollars. If you're looking for a used car for Bitcoin it's even harder.

Most people want to buy something as cheap as possible and they won't pay 20% more to prove a point and spend their bitcoins.

[stompix]

Do you really want me to explain why your idea is not going to work?

Hypothetical situation, I want to buy a new TV or a new car and you propose that I buy bitcoins with my fiat and then what? There are almost no places that would allow me to shop but even if there are some they usually are the expensive ones. A simple Honda or Ford will not offer you this option. The ones that do are exotic dealerships where prices begin with 50 thousand dollars. If you're looking for a used car for Bitcoin it's even harder.

Bro, just acknowledge you said something stupid and be done with it.
Nobody asked you to buy a brand new car, tv or anything else, the discussion was about purchasing things with bitcoins.
And in your first post you never touched the products not available thing, the only thing you cared about was your precious bitcoins that will be worth 666% more once the bear market is over.

I didn't buy anything with my bitcoins. I'm not going to spend them now when we are in a bear market. I'll think about it when we at least go above 50% of all time high. Now when we are at 40% it's just a waste of money if we sell.

Quite a different story than what you're trying to picture now, isn't it?

[pixie85]

Bro, just acknowledge you said something stupid and be done with it.
Nobody asked you to buy a brand new car, tv or anything else, the discussion was about purchasing things with bitcoins.
And in your first post you never touched the products not available thing, the only thing you cared about was your precious bitcoins that will be worth 666% more once the bear market is over.

Ok I guess giving examples doesn't work for you so I'll be as non specific as possible.

I was answering this part:

why not just sell your fiat to get the bitcoins and then buy what you need with the bitcoins instead of buying it with fiat

It's impossible and it's inefficient.

I cannot buy the things I need with my bitcoins because the things I need are unavailable or cost 20% premium in places that do accept Bitcoin.
I also think that selling in the bear market is inefficient and I stand by it.

Simple enough for stompix?

[Velkro]

I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today

Gloves, leather ones hand made, engraved with bitcoin logos on top of hands.
Why? Not sure, wanted to have something physical from bitcoin world

[stompix]

Simple enough for stompix?

It will be far more simple to just acknowledge you're afraid to spend any bitcoin because they might be worth 5$ more tomorrow and be done with it. I can understand greed, I dislike people trying to cover it with childish arguments.
This is not Miss America, you don't have to pretend you care about the rain forest or world peace.

[dimastegar]

So, what did you buy and did you support our Bitcoin merchants?

In my country there are no offline merchants that provide payments with Bitcoin. Because transactions using crypto are still considered illegal. But the last time I used my crypto coin to buy credit and top up my telephone number data. The website address is https://triv.co.id/en

[darkangel11]

I bought an amazon gift card for my woman which she immediately turned into treats for our cat, a netflix subscription and some other stuff.
I'm not spending a lot because there's very little things that I need at the moment and I'm also trying to dollar cost average as much as I can.
Bitcoin = savings account
Fiat = daily spender

[k@suy]

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.

I honestly  didnt buy anything. Because I want to save more coins so that in the future I could use it to buy more and to buy anything that I want. Invest now, save your money and produce more of it so when the right time will come you may now enjoy your investment and savings as well together with your offspring.