Have you ever shopped using Bitcoin?

lawrencegordon · Jun 14, 2015

I have not yet shopped with Bitcoin, although I am thinking of doing it in the future.

Personally I think Bitcoin is a cool payment system, but they need to offer better security.

Did it accept as a standard payment method?

onlinestorehelp · Aug 13, 2015

The hard part about Bitcoin, is it is not a stable value. It is more like a commodity with its value that fluctuates so if you arent careful, you can be over paying for something versus normal credit card.

AbeloHost · Sep 1, 2015

Bitcoin has stabilized over the past year. And yes, I've used it, and it's great.

OrusX · Sep 10, 2015

I make purchases with bitcoins , but already used in some of my online stores and had bad results. No one bought by bitcoins

tvtaddy · Sep 12, 2015

I haven't used the bitcoin as in my place they are not so popular.

Broccoli · Nov 20, 2015

Bitcoin, in my opinion, was simple to use. But with all the different wallets, and the fluctuation of value in a Bitcoin, the process of buying and selling can be so much more complicating than simply using a PayPal.

djone · Dec 5, 2015

No, i never shopped using bitcoin just because of fluctuation of its value.

ulterios · Dec 5, 2015

I've never used Bitcoin myself. One reason for that is that it isn't accepted as a form of payment at most of the places that I make purchases from online.

There's also the fact that it's value fluctuates over time. It's more stable lately though.

I think if it was accepted by more places I buy from then i'll probably try it out, just to get some experience with it.

EpicGlobalWeb · Feb 2, 2016

lawrencegordon said:
I have not yet shopped with Bitcoin, although I am thinking of doing it in the future.

Personally I think Bitcoin is a cool payment system, but they need to offer better security.

Did it accept as a standard payment method?

Bitcoin is one of the most secure systems out there. There is no fraud protection which is what you're referring to.

I have a client who only accepts Bitcoin on his e-commerce store. It may be an alternative to the US Dollar soon which is destined to collapse at this point because there is too much money supply. Bitcoin doesn't have the same inflation concerns and is decentralized.

It also taxes as capital gains instead of income tax which can save you money with the IRS. And not for nothing but it is unlikely the IRS has time and resources enough to audit Bitcoins.

rohan941 · Feb 2, 2016

lawrencegordon said:
I have not yet shopped with Bitcoin, although I am thinking of doing it in the future.

Personally I think Bitcoin is a cool payment system, but they need to offer better security.

Did it accept as a standard payment method?

You're right, bitcoin is pretty cool, now I've never used it before but I've hear of alot of success from other bitcoin users. I believe later on in the future bitcoin will get more popular, there are other big business who are now using bitcoin as payment option for instace fiverr. But I'm still doing research on this becuase it can be a bit confussing especially if your a newbie.

hostingspecialists · Feb 6, 2016

I accept it but don't really have anywhere to spend it. None of my suppliers or companies I deal with accept it. It's just accumulating.

onegoodman25 · Feb 28, 2016

I never used Bitcoin and I am not planning to ever use it or accept it, bitcoin has a lot of major issues that it fail to address. I believe there is a need for an online standard payment, but it is not going to be bitcoin. Over the last few years we never know what makes it really rise or fail, it is more of a stock in the stock market, and we all know when the stock go down, so does people savings

vishwa · Feb 28, 2016

I never used Bitcoin as my payment option because it is still very risky and volatile payment option. Remember the incident of liberty reserve.

Developer · Feb 28, 2016

I must admit, I have never been too fond of Bit Coin, BUT, that is mainly because
it is out of the realm of normality and I am a very old-fashion kind of guy.

However, as a new found friend recently informed me, if the economy keeps
going the way it is, (which with the current presidential candidates, I do not
see it getting much better any time soon), then stuff like Bit Coin may very
well be something we should all be looking into (perhaps not necessarily Bit
Coin itself) but some kind of alternative none the less...

tcoder · Oct 12, 2016

I never used bitcoin, I just don't understand why people place value in a currency that's backed by nothing.

CyberHour · Oct 12, 2016

tcoder actually it is

There is huge investment in bitcoins .
Is like saying that gold is backed by something

CyberHour · Oct 12, 2016

Well, depend on how you value your privacy and freedom

. Our customers want to stay anonymous which is their right (that doesn't mean doing illegal things of course).

dewspedjdxm · Oct 15, 2016

I implemented Bitcoin on my forum website and sometimes bitcoin payments are made.

And you don't pay taxes on Bitcoin payments.

shilpa · Aug 1, 2017

Yes, I have done international shopping using bitcoins. Some of the sellers have this payment option. Many don't so it may not be that flexible. Also you need to convert them to relevant currency if you wanted to spend bitcoins on those platforms that don't offer bitcoin payment as an option. For domestic use however I only use them after converting into the local currency first. That's more appropriate and offers a great deal of flexibility.

msg17 · Nov 7, 2017

No, to be honest, I have not yet tried to make purchases with using bitcoin. But I look forward to the opportunity of doing so in the future. I strongly believe that bitcoin provides a very good kind of service though. Good luck with shopping on bitcoin.

Have you ever shopped using Bitcoin?

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