Bought anything with btc?

[MrDave]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

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[ajaxtempest]

Purchased a VPN for 20$ back in 2013. It is worth now 700$

[Despairo]

Both,

I mostly spent my money to Bitcoin as a investment and I use Bitcoin to buy mostly about VPN subscription or gift card/digital goods. I don't want to bought a physical goods using Bitcoin due to my privacy concern, that's all. If people already view Bitcoin as a currency where they didn't think anyone who have Bitcoin is rich, I would consider to use Bitcoin for buy physical goods.

[Dr.Osh]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

most often both. nowadays bitcoin is very valuable, as a medium of exchange, or even as an investment tool. people often use both. they hold back when they feel that the price of bitcoin will be high, and make it an investment, and sell it when they need money, or exchange it for a product when they need that product. the great thing about bitcoin is that its use is very flexible. even by having a large amount of it, it can already be considered an investment. Personally, I use bitcoin in both ways depending on the circumstances.

[|MINER|]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

Yes I bought a GPU and a phone a few days ago with Bitcoin. And I think there is nothing Different Approach, A friend of mine has business of importing and exporting technical devices. And he has a good idea about crypto currency - so I paid him with bitcoin directly without carrying my fiat currencies anymore.

[mk4]

It's not one or the other — it can be both. I hold, and I spend bitcoin from time to time for servers and such.

Topic: Do you spend your Bitcoin? https://bitcointalk.org/index.php?topic=5366232.0
Topic: How often do you transact in the real world with your bitcoin or digital money https://bitcointalk.org/index.php?topic=5400673.0
Topic: BTC Holding or Using ? https://bitcointalk.org/index.php?topic=5398674.0

[Hyphen(-)]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

I only hold Bitcoin because I was not oportuned to purchase a good or pay for some services with BTC which I am aiming of doing anytime soon. Whenever I hear or see people make payments with BTC, it gives me some joy and I will be willing take part in such act too.

[decodx]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

I think the question has already been asked countless times on the forum. Use the search function instead.

Let me ask you a different question. Have you ever bought anything with fiat money or saved any of it?
See now how pointless the question is?

[m2017]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

Yes I bought a GPU and a phone a few days ago with Bitcoin. And I think there is nothing Different Approach, A friend of mine has business of importing and exporting technical devices. And he has a good idea about crypto currency - so I paid him with bitcoin directly without carrying my fiat currencies anymore.

Does your friend sell technical devices for bitcoin to everyone, or did he make an exception for you as a friend? Can you elaborate if he accepts payment at bitcoin on a regular basis?

In general, it is high time for some technology companies to sell their products (the same PC components) for bitcoin. But it seems that we will be able to see this if bitcoin legalization is implemented and it becomes possible to pay in BTC officially.
 
 

[Oshosondy]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

It depends on your location and the country you are living.

In my country, I wish people around me should accept bitcoin payment and use lightning network but they are not. I do not have option than to convert bitcoin to fiat and buy with fiat.

I use use bitcoin for investment, that is why I am holding it.

[logfiles]

I would say I am doing both

On the part of spending Bitcoin, yet I have spent Bitcoins on gift cards, Airtime Top-ups and subscriptions for the services that accept BTC. I fancy the Idea of buying physical Items using Bitcoin but problem is some of the websites that accept Bitcoin tend to hike their item prices... or maybe I am still looking at the wrong place.

[dimonstration]

I'm done spending my Bitcoin during the peak. Right now I'm accumulating as much as possible by buying using part of my job salary and the extra income here in forum.

During the bullish market, I don't hesitate to cashout and use my Bitcoin investment profit for renovating my house. Until now, my decision to take profit is still worth it since I'm enjoying my home now even though I sell a little early at 60k while price still pump to 67K.

[DaveF]

I think a better question is, in general how much of your BTC do you save for long term vs short term vs spend.
There is always the cost of money, be it BTC, fiat, gold coins, whatever. You should be figuring out what is the best to spend vs save in any given situation.
Obviously, I am not going to do that on each and every transaction. But in the large view everyone should be doing that if possible.


Example, on bitcoin pizza day bitrefill was giving back 50% of giftcard purchases to certain pizza places. NOT spending BTC and getting some gift cards to places I eat anyway would be a bad financial idea. Yesterday I picked up dinner at Chipolte due to this thread: https://bitcointalk.org/index.php?topic=5401107 it was only $20 and I wanted to test the app anyway BUT at 10% off I would have had to weigh that vs potential short and medium term BTC gains. And so on....

-Dave

[kryptqnick]

I'm happy to see that some people treat it as both. I wish I could buy things with Bitcoin directly more often, but it's just not an option because of how rarely it's accepted as payment. It's also possibly an obstacle that Bitcoin is in a gray area or treated as an asset or property in many places, which means it's not exactly legally recognized as money, and that can be discouraging for merchants to start accepting it. At the same time, given how well-performing Bitcoin is in terms of gaining value in the long run, it would be unqise to not hodl it and spend all of it.

[Ultegra134]

I had used Bitcoin for online purchases in the past, mainly for digital accounts, such as Minecraft or other similar stuff, back in 2014 or 2015, not exactly sure. Since then, I haven't used Bitcoin for any purchase and solely use it for investment. That account was one of the most expensive ones ever sold, the equivalent amount of Bitcoin was valued at $1.500 when I had checked it, many months ago.

[Welsh]

As time goes on, the less I spend with Bitcoin. A few years ago, I pretty much wanted to use my Bitcoin for everything that I could. Actually, actively seeking out companies/services that accepted it. These days, I'd much rather save it, I guess as a reserve currency rather than something I'd spend regularly. I probably haven't spent my Bitcoin over a year. The last time I remember was to join a competition here on the forum, and then before that was buying some things in the collectible section, which you couldn't get with fiat. Otherwise, I wouldn't have spent my Bitcoin for a few years now.

I imagine this is the case for a lot of users here, especially those that have witnessed the price change over time. It becomes hard to justify spending it, when you could spend fiat, and not be at risk of losing out over time.

[smartaction]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

In my own experience i have bought my I phone 13 pro max and it around 3 month ago. And i have Shared my experience And the story of buying in this forum. After that I didn't buy anything with bitcoin.  I have now decided to save Bitcoin.  And already I'm doing it. It will be a great gift to my next generation.

[Pandu Geddon]

so far I only keep BTC as an investment. for trading transactions, I have not used BTC.
but I've used crypto for P2P transactions before. happened last week, because I know the seller, of course, I'm happy to make a wallet purchase transaction with a BUSD payment.

[ethereumhunter]

So, guys the thing is, do you use bitcoins as an investment or ever bought anything with bitcoins? Maybe a different approach? Do share experience with us

I use bitcoin as an investment only and reduce the use of bitcoin to buy things because nowadays, bitcoin has become very expensive and it is better to sell bitcoin when the price is high. Maybe other friends use bitcoins for both because they have a lot of bitcoins so they can use bitcoins for various things they want. You can also choose what you will use your bitcoins with to know which one suits you better.

[Leviathan.007]

My answer is yes I did buy stuff with bitcoin and other cryptocurrencies but also suing these assets as an investment option. A few years ago I spend my bitcoins for the first time to buy a VPS for myself and it was a great experience because could use my bitcoins directly and without exchange for the first time in my life, however, the bitcoins I paid that day were worth much more right now but I don't feel regret.