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Author Topic: I was finally able to purchase an iPhone 13 pro max using my Bitcoin  (Read 828 times)
Deborah Christine
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February 03, 2022, 07:45:17 AM
 #41

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage
This sometimes makes me reluctant to use BTC to buy something because it feels unfortunate if the amount spent is greater and the value goes up when the price of BTC goes up.
But congrats, you have spent BTC you have with stuff you love.
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February 03, 2022, 07:57:52 AM
 #42

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage
No need to regret the decision you have made even though it looks a little stupid to make payments with bitcoin when the bitcoin price is down, to be honest I personally really want to buy some electronic goods with bitcoin out of curiosity to see the expressions of the sellers when we make payments with bitcoin but unfortunately where I live right now there is no store that dares to accept bitcoin as a payment method.

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February 03, 2022, 07:59:18 AM
 #43

It was still a good purchase because you paid for it with bitcoin, which is becoming increasingly difficult to find merchants who will accept bitcoin as a payment method. Although you have a valid point that you spent a significant amount of bitcoin to purchase that phone, it is only a charge to experience, so it would be a win-win situation for me. Although the price of Bitcoin is currently falling, it is still a good idea to increase your investment in the cryptocurrency. By the way, congratulations on your new phone; I am hoping to be able to purchase one in the near future.
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February 03, 2022, 08:17:34 AM
 #44

You can buy many of Iphone 13 pro max by selling 1 Bitcoin because it is expensive and its worth is equal to 20+ iphone 13 pro max and it is digital way to buy iphone 13 pro max using BTC as a payment asset.
Lol Cheesy it is possible any time to buy I phone and others smartphone with fiat money. here i have to sell my bitcoin to Fiat money. then i have to pay them. But in this case I was able to make a bitcoin payment directly to the shopkeeper. And I paid him 0.029 bitcoin for this phone. Do you understand my post?  Or, made the comment without understanding?
Yeah this sounds great to see this transaction go through and probably the store owner understands that he is in a better position than you in this transaction compared to if the price of Bitcoin was at its ATH which would mean you paying with less BTC Sats as you said but overall, it is nice to know more retailers are willing to accept Bitcoin payment even in a country where Bitcoin is not allowed legally.
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February 03, 2022, 08:43:15 AM
 #45

~snip~

Though it may sound stupid spending your Btc during the dip because you're basically gonna pay more Btc. However, there might an exemption.
If the phone is useful to you, I mean If you can generate an income using the phone you bought then I guess that would be all fine.
I know how it feels transacting using Bitcoin as a payment as I already have experienced it a couple of times but I wasn't paying as expensive as the iPhone 13 pro max lol.

It's really cool to hear stories like this though.

R


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February 03, 2022, 08:51:09 AM
 #46

I went to buy a phone with my friend today. Going there, Iphone 13 pro max became my favorite phone.  And arouses interest in buying. But I did not have enough money to buy that phone in my pocket. I laugh and talk about Bitcoin to the owner of that showroom. I was surprised to that the owner of that showroom want to sell his phone to me  for Bitcoin. And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage

I hope you will not regret your decision, kidding.

Well, bitcoin will be more valuable in the future, but since you spend that money to buy a phone, you should already accept that you don't own that bitcoin. As long as you have more bitcoin in your wallet, you can still hold it and prepare for the future.

Congrats on your new phone, that's a great phone but I tell you, its value will depreaciate unlike bitcoin that will appreciate in the long run.

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February 03, 2022, 09:20:25 AM
 #47

This sometimes makes me reluctant to use BTC to buy something because it feels unfortunate if the amount spent is greater and the value goes up when the price of BTC goes up.
But congrats, you have spent BTC you have with stuff you love.
This is always the worry of why some don't want to spend their bitcoin. But, don't forget that bitcoin is really made to be spent and just eventually became a store of value.

Well, if you don't have any problem of spending it for the things you like, you deserve it and don't think about it anymore. Just cherish the moment that you've used bitcoin for buying that thing of yours.



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February 03, 2022, 09:51:44 AM
 #48

I went to buy a phone with my friend today. Going there, Iphone 13 pro max became my favorite phone.  And arouses interest in buying. But I did not have enough money to buy that phone in my pocket. I laugh and talk about Bitcoin to the owner of that showroom. I was surprised to that the owner of that showroom want to sell his phone to me  for Bitcoin. And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage

This is the advantage of Bitcoin, even though we live in a country where Bitcoin is considered illegal and it is forbidden to use Bitcoin. We can still
buy the things we want with Bitcoin, the most important thing is that there is an agreement between the two parties. If the seller wants to be paid
in Bitcoin and we who are buying are willing to pay in Bitcoin, buying and selling any goods can be done. What you did, I have actually done it,
because it doesn't feel perfect for me if I only use Bitcoin as an investment, without ever trying to use Bitcoin as a means of payment. Even though
I am like you, living in a country where Bitcoin is considered illegal as a means of payment. And in my opinion there is no need to regret because
you bought an Iphone 13 pro max with Bitcoin, as long as you are happy and no one is harmed in my opinion there is nothing to worry about.

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February 03, 2022, 11:41:48 AM
 #49

~
Well, as long as you are happy with what you did then there is nothing wrong with it.
There are some who are saying "Why did you do that?" or "You might buy more IPhones when you hold it longer". For those who are saying like that and the like then I think its wrong to dictate what the OP wants to do since its his own Bitcoins that he used to pay it.

I can feel it because I already did twice. I bought 2 different phones and a computer using not Bitcoin only but altcoins as well (I converted it into fiat since they aren't accepting Bitcoin and altcoins as payment here) and its very satisfying to use your cryptos to buy something that you like Smiley. Why are other people doesn't want to spend their Bitcoin? At first place it is a "currency" and we know what is the definition of currency right?

The only downside to this is the phone is depreciating while Bitcoin is appreciating but as long as you have stable source of Bitcoins and you are happy then there is nothing wrong.

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February 03, 2022, 09:20:22 PM
 #50

~
Well, as long as you are happy with what you did then there is nothing wrong with it.
There are some who are saying "Why did you do that?" or "You might buy more IPhones when you hold it longer". For those who are saying like that and the like then I think its wrong to dictate what the OP wants to do since its his own Bitcoins that he used to pay it.

I can feel it because I already did twice. I bought 2 different phones and a computer using not Bitcoin only but altcoins as well (I converted it into fiat since they aren't accepting Bitcoin and altcoins as payment here) and its very satisfying to use your cryptos to buy something that you like Smiley. Why are other people doesn't want to spend their Bitcoin? At first place it is a "currency" and we know what is the definition of currency right?

The only downside to this is the phone is depreciating while Bitcoin is appreciating but as long as you have stable source of Bitcoins and you are happy then there is nothing wrong.
OP has all the right to spend his bitcoin whatever he wants to because in the first place, he earned and owned it. I'm glad he was able to enjoy the fruit of his labor and hard work by buying his dream gadget. I think he is not sharing this for us to criticize his decision, but its clear that he wants to encourage us that there is more to bitcoin aside from hodling it as a store of value. Bitcoin is a currency, so its intended to be used as a payment in the end and not to be forever stored in our wallet.
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February 03, 2022, 10:29:52 PM
 #51

I went to buy a phone with my friend today. Going there, Iphone 13 pro max became my favorite phone.  And arouses interest in buying. But I did not have enough money to buy that phone in my pocket. I laugh and talk about Bitcoin to the owner of that showroom. I was surprised to that the owner of that showroom want to sell his phone to me  for Bitcoin. And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage

This is the advantage of Bitcoin, even though we live in a country where Bitcoin is considered illegal and it is forbidden to use Bitcoin. We can still
buy the things we want with Bitcoin, the most important thing is that there is an agreement between the two parties. If the seller wants to be paid
in Bitcoin and we who are buying are willing to pay in Bitcoin, buying and selling any goods can be done. What you did, I have actually done it,
because it doesn't feel perfect for me if I only use Bitcoin as an investment, without ever trying to use Bitcoin as a means of payment. Even though
I am like you, living in a country where Bitcoin is considered illegal as a means of payment. And in my opinion there is no need to regret because
you bought an Iphone 13 pro max with Bitcoin, as long as you are happy and no one is harmed in my opinion there is nothing to worry about.
This is the good thing about being decentralized, you can transact as much as you want as long there is agreement between the two parties, without being regulated by a higher entity. In fact, there are a lot of scenarios that prove bitcoin is beyond useful than fiat, plus you can carry it more secured because there is no physical representation on it unlike fiat. And for OP, its a great feeling that you finally use your bitcoin as to where its intended to use, as a currency.
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February 04, 2022, 03:39:32 AM
 #52

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.

Many of us are happy that Bitcoin is being spent more and more for everyday transactions, the only thing I would see as silly here would be that you have spent a significant part of your bitcoin holdings on that little toy that after all is like a car, an expense in most cases whose value tends to 0, while the Bitcoin is an asset whose value does not stop growing in the long term.

Moreover, from what you say, it seems to have been an impulse purchase. But at least you don't regret it, enjoy it.


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February 04, 2022, 03:56:31 AM
 #53

I went to buy a phone with my friend today. Going there, Iphone 13 pro max became my favorite phone.  And arouses interest in buying. But I did not have enough money to buy that phone in my pocket. I laugh and talk about Bitcoin to the owner of that showroom. I was surprised to that the owner of that showroom want to sell his phone to me  for Bitcoin. And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage

You can understand how sharp and interlligent was the shop keeper who accepted bitcoin to sel his iphone. In few months times, when bitcoin will be double the price, then you may regret selling your bitcoin for iphone 13 pro max. If i was you and i had money in my bank or home, i would not sell my bitcoin at current prices.

Anyways, i will suggest you to buy bitcoins again today if you have money as bitcoin investment is priceless and give you much more returns.

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February 04, 2022, 06:20:31 AM
 #54

And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Congratulations buddy, I know the feeling that comes with spending your Bitcoin without having to convert it to fiat first. I have done so on multiple occasions and it's more satisfying then spending fiats. Some might say it's an unwise decision spending Bitcoin but they forget Bitcoin is a currency and it's might to be spent not just held. You can have multiple accounts in which the Bitcoin in your sending wallet should be for spending while that in your investment account should be for holding.

If I may asked though, why the iphone, I get it's expensive and give a certain level of satisfaction but from my finding it isn't anything different from the iphone 12. Iphone aren't as innovative as we think, there aren't that much different. If you want a super phone go for the Samsung Galaxy S21 Ultra. Many people underate Samsung products but they deliver the best phone.

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February 04, 2022, 06:36:26 AM
 #55

I never thought that someone will buy an iPhone with the use of bitcoin well still iphone is a top brand of phones but I'm not fan of it i don't have any idea what is the original price of the current latest phone is that a fair trade or buy or a loss?. Well still congrats because looks like its one of your dream phone in phones currently im using with the samsung brand and the xiaomi but in terms of security still all about the iPhone. Well still bitcoin is more valuable so keep buying.

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February 04, 2022, 01:02:22 PM
 #56


Congratulations buddy, I know the feeling that comes with spending your Bitcoin without having to convert it to fiat first. I have done so on multiple occasions and it's more satisfying then spending fiats. Some might say it's an unwise decision spending Bitcoin but they forget Bitcoin is a currency and it's might to be spent not just held. You can have multiple accounts in which the Bitcoin in your sending wallet should be for spending while that in your investment account should be for holding.

If I may asked though, why the iphone, I get it's expensive and give a certain level of satisfaction but from my finding it isn't anything different from the iphone 12. Iphone aren't as innovative as we think, there aren't that much different. If you want a super phone go for the Samsung Galaxy S21 Ultra. Many people underate Samsung products but they deliver the best phone.

Yeah, I would like to congratulate OP for this achievement, I mean even in myself if I encounter to buy items on a store that really accepted bitcoin or cryptocurrency as a mode of payment I will be surely proud of it because this kind of instances is so rare. I mean, we are free to use wherever we wanted to use to spend our bitcoin and if I experience the same thing as OP have had experienced I would be glad about it because it only means that the small businesses in my country are also open on the possibility that crypto is now accepted by the people of my country.
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February 04, 2022, 02:35:48 PM
 #57

It was an amazing experience, being able to use bitcoin as a means of payment for the goods you want to buy. Rarely do people want to accept bitcoin, especially in countries that do not support bitcoin and prohibit payments using bitcoin. That's not stupid, you never lose, you get the Iphone 13 Pro as you want, related to the fluctuating bitcoin price that is a risk. it's reminiscent of Pizza priced at 10,000 Bitcoins.
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February 04, 2022, 03:13:30 PM
 #58

a very extraordinary achievement because you have bought an iphone with bitcoin, I am proud if someone buys electronic goods with bitcoin, but I have less respect if someone buys a cup of coffee and pays with bitcoin, because if we buy a cup of coffee using bitcoin it looks like we are showing off too much bitcoins that we have, and can make it easier for others to track our bitcoins..
Wow congratulations mate , finally you made a first purchase and yes an great gadget that i wanted to have though my Budget is still now enough now.

Maybe if Bitcoin reached 100k then i will buy similar as yours.

But wait, your country treat bitcoin as Illegal currency? but how would the seller accept bitcoin?
I believe the acceptance of bitcoin wasn't published by the merchant and that's why OP doubted it when he agreed to...
So many citizens do not adhere to every rule that's being passed on by the government. Bitcoin is also illegal in my country, as a matter of fact, sometime last year, they govt has to employ some investigative body who stopped you on the road and go through your phone to know if you have any Bitcoin app, if it's found that you had, the arrest and detain you.

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February 07, 2022, 06:18:16 AM
 #59

I think it's fantastic that you bought an iphone 13 with bitcoin. It's great that more and more companies are accepting bitcoin to purchase their goods and services. 
Personally, I use BTC as a more of a long term investment to hedge against the coming inflation but I can understand the need to purchase certain goods like smart phones with BTC. 
A good phone can also be a great investment, perhaps not in terms of resale value but it can have a high ROI if you are using it to help you earn more money.   

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February 07, 2022, 12:40:44 PM
 #60

I don't know about that purchase even though evidence that more and more stores are accepting payment in Bitcoin now but since you bought that iPhone the price possibly have reduced and definitely the price of Bitcoin has risen, so I say this is one purchase I wouldn't have made but I believe this iPhone might pay for itself if put to proper use. 
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