Crypto currency purchases

[jayce]

I bought an expensive thing with my earned bitcoin for few years, not literally bitcoin of course, which I had to convert it to fiat. Yeah actually I regret it a bit deep in my heart. Not because of that bought item, but it's my greediness which I think if I could held it a little longer, I might spent less to buy that thing lol.

...
It’s such a waste to spend Bitcoin on things that loss it’s value overtime because Bitcoin is an investment.

Good point but for some people including me feel that rewarding yourself a fancy thing after worked hardly isn't considered as a waste. Of course it depends on the balance of your earnings and lifestyle.

I have spent many bitcoins a few years ago (ca 2012-2013) in local shops and still think that it was very good for the Bitcoin ecosystem. It is bad for me though obviously but also I could have bought more Bitcoin then so actually I do not regret it. I hope people will also spend more bitcoins in the future, since Bitcoin is a currency and not an asset.

I'm sure all of us have been in the same situation and perhaps still experiencing it every time bitcoin price rises. Though I myself considering bitcoin as an asset instead of currency because of its unstable price.

[posi]

bitcoin is a digital currency and of course there is nothing wrong if we use it for payment and if anyone can accept payments using btc.
I personally prefer to sell bitcoin on an exchange and be able to buy something with fiat currency, so basically I prefer bitcoin to be used as an investment asset and when there is profit, I always sell my btc on an exchange and melt it into fiat currency.

Not only you but most people consider bitcoin as an investment rather than a payment method, many people don't want to waste their bitcoins on such expenditures. People who have used bitcoin for payment mostly just for the experience, and only a few do not consider bitcoin as an investment.

To be honest, I've only tried using bitcoin for online payments a few times for testing, but I've never used it to pay at local stores. And in my area, I hardly see any shops that accept bitcoin payments, Bitcoin is not yet popular in my hometown.

[Justtoons]

I can't really give an exact estimate of what I have bought with btc or other crypto coins but there's just one purchase I can give account for.

My car was totaled in an accident in 2018. I am grateful that I did not lose my life. Actually, I opted to just buy a new or I can say an already used car because the old one was beyond repair.
At that time, I paid $25,253.62 USD equivalent 1.84907 bitcoin for my Gl 400 which I had gotten about 0.8 bitcoins from smart contracts. the others I earned as online payment for task and some of which I purchased.

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I could not have replaced my automobile without Bitcoin, which made me incredibly happy. Bitcoin is indeed a great asset to invest in

[leonair]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

It is very admirable that you can buy your MacBook with bitcoins.  I have bought my smartphone laptop and many other things through bitcoin but never in any case I could pay anywhere through direct bitcoin.  In all cases I first converted my bitcoins to fiat and then paid the money to the merchant.  Because credit or debit cards are not accepted everywhere in my country till now.  So how can I still get bitcoin direct payment facility in my country  But one case where I was able to pay in direct bitcoin was buying domain and hosting from namecheap.com

Nice to see people actually using Bitcoin for everyday purchases. I am sure everyone that holds or owns bitcoin, at one point of their life, made a purchase using bitcoin or other crypto currencies. I have bought some stuffs online with bitcoin. Most of them were digital goods, and the price of those stuffs weren't too much. If you consider indirect purchases, then yes, I have purchased a lot of gift cards to buy things through Amazon, ebay or other stores. I also booked hotels few times using bitcoin.

Currently, various sites are accepting bitcoins, which makes it possible to buy various types of digital goods.  And many important tasks including hotel booking, flight ticket booking are being done through various third party websites  So this is a very happy aspect for Bitcoin users. But it can be assumed that in the future days it will be possible to use bitcoins everywhere like credit/debit cards

[Flydolphine]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Even though I can't buy products directly with Bitcoin on jumia.Bitrefill enables me purchase jumia gift card with Bitcoin or other crypto's.with this I can make as much purchases as I so desire on jumia and it's such an amazing feeling that comes with it.

[Wiwo]

Most time I have to exchange bitcoin for local currency before being able to spend them in my country since bitcoin payments are not yet widely accepted unless on a p2p arraignment since bitcoin is not her accepted as a legal tender and government restrictions on banks vs Bitcoin.

But I have spent some Bitcoin online on an international marketplace and getting the goods shipped to my country, but the local merchant has not fully accepted bitcoin in my country and this has undermined the spread of bitcoin payment.

[PIMPdev]

The only thing I bought with Bitcoin was a VPN subscription, I wasn't able to buy it otherwise. But in a few weeks, BTC went down and I bought even more than I spent.

[lovesmayfamilis]

so what have you bought with Bitcoin?

There is an interesting topic that you will be interested to read, and it can be concluded that here on the forum, you can come up with a huge number of things bought for bitcoin. We are all far from each other, and without proof of purchase, it is possible to buy both the Yacht and the plane for bitcoins.
In addition, another user once decided to catalog all topics related to purchases for bitcoins, but as you can see, this topic has not found its development.
But you, OP, get a lot of information by reading these two threads.

https://bitcointalk.org/index.php?topic=5446627.0
https://bitcointalk.org/index.php?topic=5433429.msg61560464#msg61560464

[crunck]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Unfortunately for me, I've never had a chance to use bitcoin to pay for anything. I don't shop online often, and my area has no stores that accept cryptocurrencies. I live in a rural area, and because of that habit, I only see bitcoin as an investment. I hope in the future when the government accepts bitcoin, there will be businesses that accept it, I will experience this.

[Z-tight]

Sorry op, but i don't think topics like these are necessary, people have been buying things with BTC for a very long time now, even when it was cheap and very easy to mine, like Laszlo Hanyecz who bought two pizzas for 10,000 BTC in 2010, i think purchases like these and a few others that happened then and are now part of BTC's history are the ones to be discussed about, and the discussions have happened so many times. Those purchases made people value BTC as a currency.

But now it is clear BTC is a currency and many people use it, sadly some people cannot spend it yet in their location and have to convert it to fiat first, but there is adoption and there is use, so asking people what they bought with BTC is unnecessary, because many people buy a lot of things with it, it is not news anymore.

[Beparanf]

...
It’s such a waste to spend Bitcoin on things that loss it’s value overtime because Bitcoin is an investment.

Good point but for some people including me feel that rewarding yourself a fancy thing after worked hardly isn't considered as a waste. Of course it depends on the balance of your earnings and lifestyle.

It’s understandable on your case because you earned Bitcoin through services offered here in the forum unlike me that usually use my fiat salary to purchased Bitcoin as my in investment. Spending some of your Bitcoin earnings won’t hurt much since it’s your reward and not an initial investment that put in.

I really admire you for having a brilliant service that earn Bitcoin without the need to use fiat.

[Cantsay]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

I'm not sure if I have bought anything directly with Bitcoin, it's either I convert to fiat and then buy whatever it is that I want to buy.
I have converted my Bitcoin to fiat and used them on different things, and you don't expect me to start keeping a journal of things that I have bought fir the last two years, although I can still remember some of them but most of them I've forgotten.

[ElmedoRator]

Now i don't use bitcoin to pay for living expenses and almost see it as an accumulative asset. I also exchanged 1 btc for an old motorbike in the past, but it was just a transaction with friends, the value at that time was estimated at $1000.
I think that nowadays people's attitudes and knowledge about accessing bitcoin as well as this market have changed a lot, so popularizing bitcoin through accepting payments for many things in today's life is not an effective method to spread.

[siniminomorocomunisakito]

When I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Yes,  The technology continues to evolve and become more user-friendly and Many individuals have made purchases using Bitcoin and other digital currencies. From cars to houses, vacations to everyday items, people have used Bitcoin to purchase a wide variety of goods and services. we may see even greater adoption of digital currencies for purchases in the years to come.

[Bushdark]

The only thing I bought with Bitcoin was a VPN subscription, I wasn't able to buy it otherwise. But in a few weeks, BTC went down and I bought even more than I spent.

I could vividly remember that I have exchange some things for Bitcoin and it's just like buying with Bitcoin since the person agreed with me to swap it for Bitcoin. There are people who would never mind exchange what they have or sell for Bitcoin because they know the value of Bitcoin and what will happen if the market eventually go bullishly. It is more preferable for me to exchange or buy something with Bitcoin since it is going to help in promoting the use of Bitcoin and whem people hear about Bitcoin and what it can be used for, they will really want to know about it.

[suzanne5223]

It is hard to list everything I have bought through Bitcoin but I could say I live on Bitcoin since I don't hold fiat currency for the long term and every Bitcoin I convert into fiat or every fiat I have in my bank is mainly for the week. Therefore, everything I bought is direct or indirect through Bitcoin.

[lionheart78]

I bought an expensive thing with my earned bitcoin for few years, not literally bitcoin of course, which I had to convert it to fiat. Yeah actually I regret it a bit deep in my heart. Not because of that bought item, but it's my greediness which I think if I could held it a little longer, I might spent less to buy that thing lol.

Same here, I also bought expensive items with Bitcoin and even paid my debt way back 2017 with my earned Bitcoin after converting it to cash.  I was in a hurry to pay the debt because of the monthly interest.  I regreted paying that debt too soon because if I waited for another 2 months, my BTC valuation would have tripled its purchasing value and I could have paid that debt in just a third of that Bitcoin amount.

...
It’s such a waste to spend Bitcoin on things that loss it’s value overtime because Bitcoin is an investment.

Good point but for some people including me feel that rewarding yourself a fancy thing after worked hardly isn't considered as a waste. Of course it depends on the balance of your earnings and lifestyle.

I never thought that giving oneself as a reward is a waste of money.  It serve as motivation and satisfaction at the same time.  It enables us to continue with great enthusiasm because these rewards serve as the trophy of our endless endeavor in life.

I have spent many bitcoins a few years ago (ca 2012-2013) in local shops and still think that it was very good for the Bitcoin ecosystem. It is bad for me though obviously but also I could have bought more Bitcoin then so actually I do not regret it. I hope people will also spend more bitcoins in the future, since Bitcoin is a currency and not an asset.

I'm sure all of us have been in the same situation and perhaps still experiencing it every time bitcoin price rises. Though I myself considering bitcoin as an asset instead of currency because of its unstable price.

Well, we all go through that experience.  And to lessen the effect to make us regret our actions when purchasing anything, I always think of Bitcoin at its present purchasing value and not its possible future value.  Greed will always make us restless so better control it for our own peace of mind.

[TribalBob]

there are some electronics that I bought from selling my bitcoins in 2021 yesterday, why did I say selling instead of buying directly with btc. because in my country there are no shops that accept btc, so I changed to fiat first

[lalabotax]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

If this is about spending Bitcoin directly to purchase any goods or stuff or other services, I never did it because I cannot use Bitcoin as the means of transaction in my country. It is illegal and forbidden. However, I am very difficult to find any merchant receiving Bitcoin as payment directly, probably because of the legal law in this country. If this is about global payment purchases, so far, I also never use it for.

But well, I have been being so many times converting Bitcoin to fiat to purchase many things in the real life. But that's it, I still need to conver to fiat and use my bank account to be able to have transactions.

[Lanatsa]

Good day guys .
With crypto currencies leading in the present currency and digital banking sector I just wanted to see how much Bitcoin we have actually spent on purchases although the last crypto based purchase I made was when I bought my Mac with 0.029btc excluding block chain fees so what have you bought with Bitcoin?

Speaking about making use of Bitcoin literally on purchasing something then i do only bought some Steam wallet codes on steam wayback which do make use of coins but of course these merchants would really

be attaching into those payment merchants which would usually those coins will be converted into fiat directly.I havent spend up that much or wasting too much coins on something that i could buy with fiat.

We arent that noob not to know on what are the potential prices of Bitcoin on the upcoming years to come specially on each halving cycle which we know that bull run could start out.
This is why its not really worth if ever you would like to buy something.