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Author Topic: What items are best purchased with bitcoin?  (Read 2478 times)
fbueller (OP)
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July 17, 2014, 07:53:57 AM
 #1

I'm trying to see what items are best purchased with bitcoin given it's properties, ie, being irreversible. Mining gear seems like a big one, as Ebay supposedly sides with buyers who wish to return after 2 weeks. What other items could this apply to?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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July 17, 2014, 09:49:00 AM
 #2

Hookers & Blow Grin

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Xch4ng3
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July 18, 2014, 09:51:32 PM
 #3

Digital goods mainly, but almost anything can be sold for BTC given the right infrastructure.

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July 18, 2014, 11:45:23 PM
 #4

Basically anything on dell.com :p

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July 18, 2014, 11:48:08 PM
 #5

Sometimes it's not best to purchase using your bitcoins. If you can purchase your goods with fiat that would be ideal, I hate when I buy something one day and the next I over paid because the rate went up. Obviously this could work in your favor to but we know bitcoin doesn't drop often.   Smiley
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July 19, 2014, 02:07:50 AM
 #6

For MERCHANTS everything

a. zero fees
b. no charge backs

For buyers

a. discounts are used often with btc by merchants
b. use of a digital currency that is anonymous not trace if done right
c. no currency exchanging if you are often in different countries

Negatives for buyers if you deal with a bad merchant you lose.

Negatives for everyone is hacking of wallets and accounts so proper understanding of the net is essential if you keep a lot of money in wallets.

Should you have all your money in wallets? Not right now, the market could disappear over night, not likely to, but who knows.

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July 19, 2014, 02:58:56 AM
 #7

Hookers lol.
TrailingComet
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July 19, 2014, 04:21:51 PM
 #8

Digital goods where delivery is instantaneous
Porn and gambling

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July 19, 2014, 05:16:18 PM
 #9

Sometimes it's not best to purchase using your bitcoins. If you can purchase your goods with fiat that would be ideal, I hate when I buy something one day and the next I over paid because the rate went up. Obviously this could work in your favor to but we know bitcoin doesn't drop often.   Smiley
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July 19, 2014, 05:58:19 PM
 #10

You can buy 3D Printer like Ultimaler 2 from 3Dörtgen Smiley 3Dörtgen is the first 3D Printer Store in Turkey Smiley

Benjig
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July 19, 2014, 08:28:12 PM
 #11

Well at this point you can buy almost everything with bitcoin, from bspend.com to dell.. the decision is yours.
RobertDJ
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July 19, 2014, 09:15:39 PM
 #12

Anything purchased at a coffee shop. This tends to be a favorite amount the bitcoineers that I know.
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July 19, 2014, 09:27:10 PM
 #13

Definitely industries with high chargeback rates. Adult entertainment/porn, for instance, faces this issue, so I would think that these types of places would take to bitcoin.
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July 19, 2014, 09:30:22 PM
 #14

Definitely industries with high chargeback rates. Adult entertainment/porn, for instance, faces this issue, so I would think that these types of places would take to bitcoin.
I think this would apply more to merchants then to buyers. However it is a great idea to sell these things with bitcoin as it would likely allow merchants to charge less, and buyers to pay less.

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July 20, 2014, 02:46:03 AM
 #15

Mining machine.

For normal item, it is cheaper if you pay in cash or credit card.
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July 20, 2014, 02:56:02 AM
 #16

Definitely industries with high chargeback rates. Adult entertainment/porn, for instance, faces this issue, so I would think that these types of places would take to bitcoin.
I think this would apply more to merchants then to buyers. However it is a great idea to sell these things with bitcoin as it would likely allow merchants to charge less, and buyers to pay less.

That's true. Although, these are also the types of things you wouldn't want showing up on your credit card bill. With bitcoin, you can retain your anonymity and keep your CC info safe.

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July 20, 2014, 05:50:01 AM
 #17

sometimes you wanna buy things "on the under".... i don't care to mention every such thing here, but the point is, the wife looks at the credit card bill/bank statements. but not the bitcoin wallet txs! Grin
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July 21, 2014, 07:38:26 AM
 #18

You know, hookers, porn, guns, things like that.
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July 21, 2014, 11:39:34 AM
 #19

Digital goods can be best purchased but most of everything comes in this list Smiley
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July 21, 2014, 03:00:56 PM
 #20

Drugs used to be a popular item bought with bitcoin.
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