Finally, I Bought Something With Full Payment In Bitcoin.

[kro55]

I'm just thinking if the dealer will still or continue accept bitcoin in our current market scenario.

I think there will be no problem here, if the dealer fears bitcoin volatility, then just accept bitcoin as payment and then convert it to fiat as soon as the transaction is confirmed. The acceptance of bitcoins will not be affected by their price, as bitcoins can be converted into another asset at the time of the transaction.

I'm wondering if the dealer's owner will keep the bitcoins or convert them to fiat after receiving the bitcoins from the OP.

[virasisog]

Congratulations on purchasing a new vehicle using Bitcoin. BTC is really an emergency saver. I've heard several situations where in Bitcoin saved their day from unexpected situations. It's really good to hear that more Bitcoin users allow Bitcoin transactions, especially in their businesses. I hope that more merchants will consider accepting BTC or any form of cryptocurrency which will be convenient for most of us.

[dezoel]

This is really not a shock to me. Because, I have been in crypto for nearly a decade now and I can say that I bought so many stuff with bitcoin. Never a physical thing like a bike of course, but I did purchased a ton of services, and a ton of online stuff, hell I even paid someone to get me something I couldn't find.

I needed something online but I couldn't find it anywhere, told people somewhere that I will pay 10 bucks to first person who finds it, and someone did in like half an hour . So all in all, crypto and using it like a currency is a very crucial part of crypto and should be seen a lot more used, instead of just an investment that people are using it right now.

[btc78]

this is something we must be thankful in Bitcoin transacting that Banking , when we are being denied at least Bitcoin saves you and that is what important here.

congratulations mate , the 2 wheels looks great and at least you have something you can say that bought from your hard  earned in cryptospace.

also thanks for sharing as you will encourage many to have the same action to help crypto and also help themselves .

[KaliLinux]

It is not a surprise for me though because I have used bitcoin to purchase online before, what happened was that fiat payment was disabled at that time but I was able to use bitcoin for it and it worked.

One thing I notice is that you've spent your coins in the middle of the crypto winter, so maybe you will consider buying them back when the bank solves their issues. (However, nfa, please decide for yourself..).

Bitcoin price has gone down, it means no two thing than the bull market is still coming to make bitcoin price reach all-time-high. I will not think two times to convert the fiat to bitcoin. I prefer not to use bitcoin directly, I see it more as investment than payment.

Well as OP stated, he needed to pay for the bike that day else he has to wait till the next week which he was not willing to do and he doesn't have any more fiat since he couldn't make the first transaction because of issues from the bank then the only option left would be to either pay with his Bitcoin. I understand most of us will want to continue to HODL our Bitcoin for the bull season but when you really need a service or Goods and there is an opportunity for a Bitcoin payment, I don't think that's a problem cos most have actually been clamoring for a fiat replacement with Bitcoin

[NeuroticFish]

Well as OP stated, he needed to pay for the bike that day else he has to wait till the next week which he was not willing to do and he doesn't have any more fiat since he couldn't make the first transaction because of issues from the bank then the only option left would be to either pay with his Bitcoin. I understand most of us will want to continue to HODL our Bitcoin for the bull season but when you really need a service or Goods and there is an opportunity for a Bitcoin payment, I don't think that's a problem cos most have actually been clamoring for a fiat replacement with Bitcoin

You could have been reading a bit more into the topic. OP has also bought back the bitcoins since he's using them for day trading.
Also stating afterwards that the price did go down... doesn't help much.

[danadc]

In the part of Ecuador where I am, they have a bit of a bad idea towards the payments of some things in bitcoin, it may be a third world country with certain emotional attachments and they are afraid of having new advances, but the current of bitcoin is expanding, there are more and more volumes of operations in binance, and despite the fact that you cannot pay in a super market the amount with BTC, it moves a lot in the speculative markets such as localbitcoins.com.