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Author Topic: What Can Be Bought With Bitcoin?  (Read 572 times)
cabron
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December 21, 2020, 09:07:31 PM
 #41

Why do you need places like that though? There is no need to spend your coins just for the sake of spending them. I mean, I'd rather hold my coins instead of doing that. That being said, there are multiple shops/online services (that I've personally tried) such as Shelly or Shoppy where you can buy accounts with Bitcoin, Mega.nz if you need cloud storage, ProtonVPN, and so on. The links shared by leo above is quite a good start.
While I agree that spending money just for the sake of spending money is a mistake at the same time I think we'll have the urge of spending some of the bitcoin that we have especially in a physical store, after all I have been spending bitcoin online probably from the first moment that I became part of this market but it was not until recently in which I found the opportunity to use my bitcoin in a physical store and quite honestly I did not need to do it but I did it to get the experience and maybe the OP is looking for the same.

I was thinking of the same thing but which I have spent some of my coins to online merchants accepting btc. Its not really neccesary but was just trying.

But then I also realized that $100  worth of btc today can be worth $500 worth of btc in the next few years. I remember spending 0.05 btc for worth $25 back in 2015.

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December 21, 2020, 09:12:31 PM
 #42

Normally I use Bitcoin to buy things from online. When I buy a product from a local seller, I offer him to accept payment in Bitcoin. Because most of my money is invested in Bitcoin. Sometimes they agree and sometimes they disagreed to accept it because of its volatility. I also use Bitcoin to buy online gift cards, virtual Visa cards, and MasterCards for boosting my business page.

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December 21, 2020, 09:22:57 PM
 #43

Normally I use Bitcoin to buy things from online. When I buy a product from a local seller, I offer him to accept payment in Bitcoin. Because most of my money is invested in Bitcoin. Sometimes they agree and sometimes they disagreed to accept it because of its volatility. I also use Bitcoin to buy online gift cards, virtual Visa cards, and MasterCards for boosting my business page.
I consider at this moment to choose bitcoin as payment but when there's a dump of bitcoin price, I will not use my bitcoin instead, just hold this and become my asset. I don't regularly use my bitcoin purchasing online if does not important to me, I will not use my bitcoin because I threaten my bitcoin as a valuable asset that someday there will still have a profit.

Use your bitcoin if that is very important, but if not, I rather choose fiat upon having a payment option than choosing my precious bitcoin.

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Lorokan
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December 21, 2020, 09:55:10 PM
 #44

Are there people out there selling their goods and services that I can pay with bitcoin? I need some real places where I can pay with BTC without first converting to fiat.

If you find a legit and reliable platform you can buy social media likes, shares, followers, upvotes etc with Bitcoin; you can buy Private VPN as well paying bitcoin or other altcoins. If you watch pornhub website; it is also a website, store etc that you can use bitcoin and crypto currencies. There are also platforms that gives gift card and receive bitcoin (and vice versa). it all depends on the service you crave.
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December 22, 2020, 09:09:12 AM
 #45


But then I also realized that $100  worth of btc today can be worth $500 worth of btc in the next few years. I remember spending 0.05 btc for worth $25 back in 2015.

Are you still keeping them?

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December 22, 2020, 06:11:56 PM
 #46

Gold has a number of industrial and commercial uses, including in jewellery and connectors in microchips and other electronics. Even although gold is no longer used as a currency, it is still has a variety of other uses which generate demand. If bitcoin is not used a currency, then it has no other use beyond baseless speculation.

Gold's industrial uses amount for only a part of its value. If gold's value was solely based on it, its price would only change when the industries that use it change. But this is not the case, because gold is also a store of value, which is one of the properties of money, and Bitcoin has this property too, so even if we imagine that no one will use it for payments, it would still have some value.
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December 22, 2020, 06:39:17 PM
 #47

Are there people out there selling their goods and services that I can pay with bitcoin? I need some real places where I can pay with BTC without first converting to fiat.

Well, you can actually pay everything with Bitcoin when you use services like bitrefill.com where you can buy coupons for Amazon, Netflix, Walmart and many more. Of course, there are also many services that directly accept Bitcoin like hosting, VPN providers or merchandise sellers, to just mention a few. In Germany for example, you can have delivered meal for Bitcoin, because the largest food delivery company accepts Bitcoin as payment option.
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December 23, 2020, 11:30:54 AM
 #48

Bitcoin is still in early stages. Many companies want to accept Bitcoin as a payment method but they are concerned about regulations. There are many websites and stores accept Bitcoin but it is still so early. And Bitcoin is still very volatile. Because of these reasons we can use Bitcoin and other altcoins to send and get money which is better than Forex and other methods.

If countries start to create their own cryptocurrencies we will see many more stores will accept bitcoin in many countries. But we should keep waiting for now.

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December 23, 2020, 01:49:11 PM
 #49

Are there people out there selling their goods and services that I can pay with bitcoin? I need some real places where I can pay with BTC without first converting to fiat.

It all depends on what part of the world you are - your country to be precise.
Precisely! its all a matter of your locality. Bitcoin or cryptos is not legalized in all nations and not every merchant are  crypto smart and as such, adopting it as a payment method becomes a problem.

When it comes to what can be bought with bitcoin, i'll say everything the fiat currency can afford to buy. What you buy when you trade is values and bitcoin is pretty valuable so, its just a matter of locating a crypto smart merchant. A good number of the is very close to you and that is, at the service board of the forum. if that doesn't help and disclosing your locality isn't such a cool idea, its best you look through the local board.
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