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Author Topic: Buying online with crypto? Its worthed?  (Read 320 times)
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January 05, 2020, 03:30:33 PM
 #21

Is it worthed to Shop online with crypto instead of Fiat Currrency?

Yep, especially if you earn those crypto from your online services/work then spending it through online shopping with gadgets, rtw, collectibles, online games and voucher is really worth it.

Though never used it on hotels since I don't travel often.

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January 05, 2020, 03:57:51 PM
 #22

I think it’s depends on which crypto do you use.
And sometimes merchants has payment gateway with bad exchange rate.
Example: you buy something for $10 with bitcoin. Actual bitcoin price at this moment is $10,000. But, the merchants has different bitcoin exchange rate. Usually lower than the actual rate. So you will need to pay more in btc. Also dont forget with the transaction fee.

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January 05, 2020, 04:00:16 PM
 #23

Unless there's an special discount for using crypto (or you have a big stash of crypto that you're willing to use to pay for stuff) then no, there's no point in paying those services with crypto. Why spend it now when you can hodl it and expect bigger gains in the long-term?

We keep complaining about services not accepting bitcoin but at the same time, we're not willing to use it. We shouldn't expect any service to starting accepting it if all we do is hodl.

I didn't heard any stores, shopes, hotels, restaurant or even an airport here in my country in which you can pay bitcoins or altcoins as a mode of payment but I guess if this scenario will happen, like what you have said it is more convenient and easy to use your bitcoins or even altcoins as a mode of payment because you dont have to waste every single time to convert it into fiat. I hope that this will be possible soon for me to be able to use my bitcoins without taking time to convert it into fiat and pay my bills and other financial related agendas.

Even if they don't accept BTC directly, you could use third party services[1][2][3][4].

[1] https://travelbybit.com/
[2] https://www.travala.com/
[3] bitrefill.com (To buy HotelsGifts or FlightsGifts GCs)
[4] https://www.cheapflights.com

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January 05, 2020, 04:08:17 PM
 #24

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


Go with Fiat if you do like to save crypto for future profits but if not then you can use it as you like yet there were merchants that do accept crypto when it comes to booking hotel or flight.
You can check this out https://bitcointalk.org/index.php?topic=3078815.0

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January 05, 2020, 04:10:56 PM
 #25

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


In my opinion, cryptocurrency or bitcoin was not yet ready for this, most of the time using cryptocurrency was not worth it in this kind of transaction it might be even faster but I think cryptocurrency or bitcoin was not yet really implemented in this kind of transactions and I think these days cryptocurrency was not yet meant as a currency.

I think it is better just to use fiat currency in this simple transaction for me bitcoin is a more on a investment thing if you keep on using bitcoin in this kind in my experience most of the time you are just losing a profit form bitcoin so it is better if you just invest it also there are only limited booking of hotels and flights that are going to accept this cryptocurrency or bitcoin as a payment so surely you will not be able to use it all the time.
The high price in the market could be the thing and the volatility of the bitcoin market price is a big factor why it is not worth using bitcoin most of the time it is better to hold bitcoin  Smiley.

Just my opinion  Grin

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January 05, 2020, 04:17:16 PM
 #26



cryptocurrency works like fiat, basically its suppose to work as currency that we can use to buy products including on ecommerce sites, booking hotel or flight with crypto if possible. the only airlines being known to public that accepts BTC was a German airline.

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?

In my opinion, cryptocurrency or bitcoin was not yet ready for this, most of the time using cryptocurrency was not worth it in this kind of transaction it might be even faster but I think cryptocurrency or bitcoin was not yet really implemented in this kind of transactions and I think these days cryptocurrency was not yet meant as a currency.

I think it is better just to use fiat currency in this simple transaction for me bitcoin is a more on a investment thing if you keep on using bitcoin in this kind in my experience most of the time you are just losing a profit form bitcoin so it is better if you just invest it also there are only limited booking of hotels and flights that are going to accept this cryptocurrency or bitcoin as a payment so surely you will not be able to use it all the time.
The high price in the market could be the thing and the volatility of the bitcoin market price is a big factor why it is not worth using bitcoin most of the time it is better to hold bitcoin  Smiley.

Just my opinion  Grin


a lot of us tend to see BTC as investment. i wouldn't be spending it to shop unless i have no other option that a merchant only accepts BTC.


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January 05, 2020, 04:20:31 PM
 #27

For now, i dont think crypto is good for online payments. I think crypto may not sercue enough and not been accept by governments so most online service still dont want to add crypto as payment method. And one more reason that crypto need to solve, that is the price changing to quickly in short time, this may be a weak point when using crypto to pay something.

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January 05, 2020, 04:28:52 PM
 #28

Personally, my country hasn't the strength to operate online payment for Bitcoin, rather they operate p2p and that's has been nice for getting Fiat back in exchange. If there will be possibility of online business to accept bitcoin would be an achievement but we have a hand full vendors who does. It could have worth; if they are online accepting Bitcoin as a method of payment.

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January 05, 2020, 04:37:05 PM
 #29

I think the best website for booking a hotel and a flight with crypto is Travala. I have friends who personally used the website and they had 0 problems with payments , checking in-out , hotel and all the service that website provided. Also the price might be a little spicy but if you search with a few days before you want to book it , you will find awesome prices like all the other websites. So yea , its worth a lot that you can travel with crypto.

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January 05, 2020, 04:51:39 PM
 #30

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


As long fee is not much, i think it is worth. Because crypto or fiat i think not a problem if to pay something like book hotel or maybe buy flight ticket. In case we use wallet to make our transaction and not from exchanges. Because in wallet, sometimes they allow us to set fee manually as much as we want.

 
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January 05, 2020, 04:55:14 PM
 #31

You can get many things with bitcoin. The number of businesses that accept Bitcoin is increasing day by day. It makes sense for new businesses to accept bitcoins or similar cryptocurrencies. We are already heading towards a new economic order.

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January 05, 2020, 05:37:22 PM
 #32

Why would it not be worth to use crypto for payments online ?
It's just like any other payment method. It depends on the merchants whether they provide any offers for crypto as a payment method or not.
There are some merchants who do provide various offers for crypto. So I guess the answer would be yes, it is worth using crypto.
Besides that, it saves so much time since there is no hassle in this payment method.

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January 05, 2020, 05:53:57 PM
 #33

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


Shopping with cryptocurrencies instead of fiat is good, but the access we've got is very limited. Maybe in the future we'll get to find more and more online stores accepting cryptocurrencies. Booking flight or hotel with cryptocurrency will be profitable as the market seems to be fluctuating forever. If we buy when the price of bitcoin is low, then it won't be profiting big.

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secone
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January 05, 2020, 05:57:39 PM
 #34

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?



its worthed to support crypto ecosystem, if everyone use crypto for "real transaction" like booking hotel, buying food, digital goods etc. im sure the ecosystem of cryptopayment it self will be famous, and all big marketplace will use crypto for payment processor, and goverment will open it to use cryptopaymen in legal condition.

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gentlemand
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January 06, 2020, 01:03:41 AM
 #35

We keep complaining about services not accepting bitcoin but at the same time, we're not willing to use it. We shouldn't expect any service to starting accepting it if all we do is hodl.

Even if they don't accept BTC directly, you could use third party services[1][2][3][4].

[1] https://travelbybit.com/
[2] https://www.travala.com/
[3] bitrefill.com (To buy HotelsGifts or FlightsGifts GCs)
[4] https://www.cheapflights.com

My main problem with crypto merchants is a lot of the time they charge more than paying with your local currency, like it's some type of honour.

Sometimes it's because they don't have the same markets, but other times they just glue it on top and hope you won't notice or care.

If I compare a price for a flight from London to New York on January 23rd -27th it's $377 on Cheapair or the BTC equivalent. Booking direct on the same flight it's $341.

I'm happy to pay the same price. I sure as shit am not paying more.

Polo7
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January 06, 2020, 01:06:18 AM
 #36

We keep complaining about services not accepting bitcoin but at the same time, we're not willing to use it. We shouldn't expect any service to starting accepting it if all we do is hodl.

Even if they don't accept BTC directly, you could use third party services[1][2][3][4].

[1] https://travelbybit.com/
[2] https://www.travala.com/
[3] bitrefill.com (To buy HotelsGifts or FlightsGifts GCs)
[4] https://www.cheapflights.com

My main problem with crypto merchants is a lot of the time they charge more than paying with your local currency, like it's some type of honour.

Sometimes it's because they don't have the same markets, but other times they just glue it on top and hope you won't notice or care.

If I compare a price for a flight from London to New York on January 23rd -27th it's $377 on Cheapair or the BTC equivalent. Booking direct on the same flight it's $341.

I'm happy to pay the same price. I sure as shit am not paying more.



So I guess sometimes they make you disscounts but times when you dont look or dont care... You might pay even higher Price!

Yes thats how it works *
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Blender.io Bitcoin mixer 🌀


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January 06, 2020, 06:18:58 AM
 #37

Is it worthed to Shop online with crypto instead of Fiat Currrency?

For example:  booking hotel or flight with crypto?


If we want crypto to be mainstream of payment, acceptable by new business owner, gain more popularity and investors we have to welcome and use of every shops (online and offline) that add crypto to their payment system or else crypto will be see as an asset only.


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January 06, 2020, 08:57:10 AM
 #38

yes it is very good, because it can attract some investors and also fans about cryptocurrency to increase, so that if the property entrepreneur slowly accepts payments via bitcoin it is already good news for bitcoin and other cryptocurrency
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January 06, 2020, 09:24:30 AM
 #39

if you're looking for gift cards, egifter gives 1-5% discounts when paying with crypto. they also sometimes run promotions where you can get money off (or a free $5-10 gift card) when you pay with crypto.
https://www.egifter.com/

gyft used to give a flat 3% cash back on bitcoin payments, but that ended a while ago. Undecided

others have mentioned purse.io because of the huge discounts.....i would be wary. the fraud risk is high.

My main problem with crypto merchants is a lot of the time they charge more than paying with your local currency, like it's some type of honour.

bitrefill and coinsbee in particular.....huge markups. i guess they know most coiners are willing to pay the premium (or won't notice it).

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January 06, 2020, 11:55:31 AM
 #40

At https://www.bitrefill.com/travel we have many options.

Our questions to you are:

Are you OK with giving your bank and credit/debit card processor's employees information about your travel?
and are you OK to give your banking/card information to travel agencies?
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