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Ok so you have converted all your fiat curency into Bitcoin. Now you might be asking What actually can you buy with Bitcoin? shot answer is almost everything.
List of online stores and shops accepting Bitcoin is increasing day by day. Here is list 10 online places where you use your Bitcoin.
1. Buy apps, games and more for Windows or Windows Phone from Microsoft using you Bitcoins https://www.microsoft.com/en-us/store/b/home
2. Buy yourself a mattress, GhostBed online mattress retailer is accepting bitcoins. https://www.ghostbed.com
3. Overstock.com, Inc. is an American internet retailer here you can buy any thing from Furniture, Jewelry, Cloths,Shoe to any house hold items. https://www.overstock.com/
4. You can buy Gold Coins, Silver Bullion or any other precious metals like Platinum and Coopper at https://www.jmbullion.com
5. Book your next flight or hotel using your bitcoins at Expedia.com or CheapAir.com
6. Need some hemp oil handmade soap? buy it here using bitcoins http://www.bitsoaps.com
7. Are you hungry? Why not order a pizza or two in exchange for bitcoins at http://pizzaforcoins.com/
8. Crescent Tide Funeral & Cremation is a funeral service provider now accepts payments in bitcoin http://www.crescenttide.com/
9. Perhaps the most rewarding way to spend your bitcoins is by paying it forward. This charity https://www.heifer.org and Wikimedia Foundation accepts donations in Bitcoin
10. Finally here is website with a comprehensive lists of products where you can spend your bitcoins? this http://spendbitcoins.com/
Feelfee to add your comments or let us know if you find any interesting place where you can pay in Bitcoins.
List of online stores and shops accepting Bitcoin is increasing day by day. Here is list 10 online places where you use your Bitcoin.
1. Buy apps, games and more for Windows or Windows Phone from Microsoft using you Bitcoins https://www.microsoft.com/en-us/store/b/home
2. Buy yourself a mattress, GhostBed online mattress retailer is accepting bitcoins. https://www.ghostbed.com
3. Overstock.com, Inc. is an American internet retailer here you can buy any thing from Furniture, Jewelry, Cloths,Shoe to any house hold items. https://www.overstock.com/
4. You can buy Gold Coins, Silver Bullion or any other precious metals like Platinum and Coopper at https://www.jmbullion.com
5. Book your next flight or hotel using your bitcoins at Expedia.com or CheapAir.com
6. Need some hemp oil handmade soap? buy it here using bitcoins http://www.bitsoaps.com
7. Are you hungry? Why not order a pizza or two in exchange for bitcoins at http://pizzaforcoins.com/
8. Crescent Tide Funeral & Cremation is a funeral service provider now accepts payments in bitcoin http://www.crescenttide.com/
9. Perhaps the most rewarding way to spend your bitcoins is by paying it forward. This charity https://www.heifer.org and Wikimedia Foundation accepts donations in Bitcoin
10. Finally here is website with a comprehensive lists of products where you can spend your bitcoins? this http://spendbitcoins.com/
Feelfee to add your comments or let us know if you find any interesting place where you can pay in Bitcoins.
Thank you for sharing very useful information. For now mostly buying apps and games is the most widespread shopping with a bitcoin. I saw some online shops where you can pay with bitcoin too. Will add it later here to the list.
The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
You are right. Social media has also a great influence on bitcoin popularity and rates. And social media are guided by the people with that fear and greed. So it is all interconnected.
BEFORE:
Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.
NOW:
You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin Atm located in Salcedo Street, Makati Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fastfoods in the philippines.
Lastly, increasing and growing numbers of people using bitcoin in the philippines.
This is how our country adopting a new technology, How's yours? Please share with us.
Negative impact on the economy as per the past government.
The remittance market is increasingly $26 Billion annually which is rank no. 3 in the world.
Charities has limited reach internationally because of high transfer fees.
Unqualified merchants to accept digital currency.
10% transfer rate from fiat money.
NOW:
You can now purchase goods using a bitcoin in some small online merchants.
Availability of Bitcoin Atm located in Salcedo Street, Makati Philippines.
Bitcoin as donations given to the charities reaches internationally
Pay services using bitcoin.
Buy foods and drinks in the fastfoods in the philippines.
Lastly, increasing and growing numbers of people using bitcoin in the philippines.
This is how our country adopting a new technology, How's yours? Please share with us.
I think crypto is a chance to people from Philipines to get out of poverty. Though to start any business with crypto will also cost money and investments that many citizens can't afford in Philipines. Looks like in this case it will be more the opportunity for the rich people, and poor people will stay the same poor. Hope it will still make some positive impact on people that are on the streets.
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The companyâs main accusation against crypto is that it is âa currency that is hard to â¦
Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019
A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The companyâs main accusation against crypto is that it is âa currency that is hard to â¦
Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019
That is such great news. Germany is moving forward with crypto expansion and acceptance. In Germany, crypto will make a huge threat to the PayPal business I guess. Let's see how long Paypal will survive in Germany.
Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.
Source:
http://www.timesnownews.com/business-economy/economy/article/india-income-tax-department-cryptocurrency-bitcoin-investors-worry-over-1-lakh-it-notices/196379
Source:
http://www.timesnownews.com/business-economy/economy/article/india-income-tax-department-cryptocurrency-bitcoin-investors-worry-over-1-lakh-it-notices/196379
One more government that just want to squeeze money out of its citizens. I wonder how they will find out who has crypto? It is impossible to track. I would like to know how the government will do it technically.
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
I think nothing is wrong with the amount of cryptocurrency at the exchanges. For each coin will be a buyer. Same thing with exchange platforms too. Those ones that are not in demand will disappear from the market fast.
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
Bitcoin and Paypal are quite different. I wouldn't compare them. Anyways, with time most of the payment systems will die or will be replaced with newer ones. Technology is moving forward and if some payment systems can't manage to pace with time - they will extinct.
Is it safe to manage multiple bitcoin wallets from one pc?
It can be safe if you manage it right. You need to have a backup too. I still give a preference to a hardware wallet though it also has some cons. For me, multiple bitcoin wallets on one PC can be confusing. In the end, I will not remember what password is from what wallet.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
I think it is impossible to set up a specific price to consider bitcoin dead as the price at the crypto market changes every hour. Today it is dead, tomorrow it rise back again. It is an endless process. Bitcoin is immortal as long as it is required and used by people.
Hi All
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
The most important is where you keep your bitcoins. I strongly recommend using only hardware wallets. They are the most reliable and safe now. So better take precautions in advance.
Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.
I think it will be easier to pay with a fingerprint scan for example. Maybe we will have some database in a future with the information about the funds of each person and with a scan of your finger you will be able to pay like with a tap of a bank card.
Re: What will happen if Bitcoin gets official permission from the government...???
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
Does the government mix in managing transactions for each user?
If the government mixes in managing transactions, will they take advantage of every transaction
What is your opinion.?
The government can't control transactions what make a bitcoin unique. Bitcoin gives independence and freedom from any transaction tracking. This technology keeps bitcoin and its users really private that gives it a trust and the feeling of safety.
I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
I think those people who started with a bitcoin in 2009 are early adopters. The later generation of the bitcoin traders and miners became mainstream. Nowadays even teenagers now what is bitcoin. Everybody wants to try it. Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
There are not so many options with products and services where you can pay with a bitcoin. The selection is getting wider every day but at the moment it is not really a comfortable method of payment for me. It needs more time to expand.
Re: Does it even matter if governments and banks accept cryptocurrency?
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
The acceptance of crypto by governments will definitely make a positive impact on digital currencies. By these means, crypto will get a huge support and attract more new users. Though a crypto market can easily survive without it. It is strong enough.
I think our main problem is the huge electricity expense induced by mining and its noxious effect on the climate. This is, to my mind, the only serious argument against Bitcoin.
Alleviating the electricity expense should be one of our priorities. If we do not do it for the sake of the Earth (which we really should) we should at least do it selfishly because governments will not tolerate this forever and they will be right. The more the exchange rate increases, the worse it gets, of course.
Some solutions exist though: first there is proof-of-stake, of course. This technology may be too young to be deemed reliable enough but we should at least start considering it.
If we do not like proof-of-stake I think we could drammatically decrease the electricity expense by stopping monetary creation now. Nowdays Bitcoin is famous enough to remain secure even if miners earned transaction fees only. And if as a whole there are 16.5 M coins instead of 21 M, this does not make much of a difference. That is even good for holders. To make miners agree with that solution, they must be compensated for their lost income. More precisely, active miners must be compensated because they have already bought ASICs. Futures miners do not need to be compensated. Since mining is a competitive industry, future miners will make no profit on average, whatever the reward scheme. To compensate active miners we could decide that the next 2016 blocks yield, say, 100 new coins and then 0 forever. Everybody would win and the Earth above all!
There are probably many other solutions and I wish the community cared a little more about this fundamental issue.
Alleviating the electricity expense should be one of our priorities. If we do not do it for the sake of the Earth (which we really should) we should at least do it selfishly because governments will not tolerate this forever and they will be right. The more the exchange rate increases, the worse it gets, of course.
Some solutions exist though: first there is proof-of-stake, of course. This technology may be too young to be deemed reliable enough but we should at least start considering it.
If we do not like proof-of-stake I think we could drammatically decrease the electricity expense by stopping monetary creation now. Nowdays Bitcoin is famous enough to remain secure even if miners earned transaction fees only. And if as a whole there are 16.5 M coins instead of 21 M, this does not make much of a difference. That is even good for holders. To make miners agree with that solution, they must be compensated for their lost income. More precisely, active miners must be compensated because they have already bought ASICs. Futures miners do not need to be compensated. Since mining is a competitive industry, future miners will make no profit on average, whatever the reward scheme. To compensate active miners we could decide that the next 2016 blocks yield, say, 100 new coins and then 0 forever. Everybody would win and the Earth above all!
There are probably many other solutions and I wish the community cared a little more about this fundamental issue.
I have never thought about this problem. I agree that mining requires high energy consumption. Some of my friends that are mining bitcoins, heat with produced energy the whole house at winter. Basically, they increased electricity consumption but they are saving energy on heating at winter.
Elon Musk the founder of SpaceX and Tesla made a tweet about buying bitcoin from his official verified twitter account, and no his account was not hacked lmao, even twitter thought his account was hacked can't blame twitter though lol. It's pertinent to note that his tweet deserves to be taken seriously, remember Teslaquilla his April fool tweet will soon be a reality. I see a potential whale in him, but given his stressful conditions wonder he'll be good for bitcoins or he'll mess it up, cause this guy won't be in for one or two bitcoins he has the capacity to buy and sell major volumes.
Read the tweet here https://www.coindesk.com/elon-musk-teases-bitcoin-service-in-cryptic-crypto-tweet/
Read the tweet here https://www.coindesk.com/elon-musk-teases-bitcoin-service-in-cryptic-crypto-tweet/
Even Elon Musk supports bitcoin. I trust him a lot. He has a right to give advice as he is very successful, smart, and rich man. Maybe his Twitter posts will finally enliven the dead crypto market. All the tools will be helpful.
Hello,
taxes, regulations, bans - where in the world is the best place for bitcoin users?
Such a place should also have easy access to the Internet, Bitcoin Exchanges, maybe Bitcoin ATMs (that would be nice
).
Any suggestions? I want to find out the most Bitcoin friendly country
Comments are highly welcome.
Best wishes.
taxes, regulations, bans - where in the world is the best place for bitcoin users?
Such a place should also have easy access to the Internet, Bitcoin Exchanges, maybe Bitcoin ATMs (that would be nice
).Any suggestions?
I want to find out the most Bitcoin friendly country Comments are highly welcome.
Best wishes.
The most bitcoin-friendly countries in Europe are the Netherlands and Germany. As for the Asian region, the main digital currency friendly leaders are Korea and Japan. The world is big and the chain of countries that accept and support crypto is gradually expanding, so more options to come too.
The largest cryptocurrency, bitcoin, is a commodity and not a payment system, according to Visas chief executive. Visa will also not give bitcoin or other cryptocurrencies a platform for wire transfers and exchanges. I don't view it as payment system player, CEO Alfred Kelly told CNBC.
We at Visa won't process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions, he added. Visa is the world's largest credit card company.
Bitcoin was originally created as an alternative de-centralized currency. However, with its 2,000 percent growth last year, it has become a source for speculators to make a quick buck. As bitcoin turnover grows, it faces problems like high fees, astoundingly slow transactions and volatile prices.
https://www.rt.com/business
We at Visa won't process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions, he added. Visa is the world's largest credit card company.
Bitcoin was originally created as an alternative de-centralized currency. However, with its 2,000 percent growth last year, it has become a source for speculators to make a quick buck. As bitcoin turnover grows, it faces problems like high fees, astoundingly slow transactions and volatile prices.
https://www.rt.com/business
It is worse for Visa if they will not support a bitcoin, less business for them. Most probably they don't see a crypto potential or just don't want to support it as they are scared of competition. It is a big loss for them.
What are your thoughts on these 2 factors when it comes to Bitcoin and other cryptos.
1. How does Social Media effect Cryptocurrency?
2. How does Cryptocurrency effect Social Media?
Your thoughts on both , this could be very interesting.
1. How does Social Media effect Cryptocurrency?
2. How does Cryptocurrency effect Social Media?
Your thoughts on both , this could be very interesting.
Many influencers on social media are making money by advertising different altcoins. For sure they affect the coin reputation and sales either in a good or bad way. To use celebrities for such promotion is quite tricky as the popularity of coin will be bond to their reputation.