What’s the biggest purchase you’ve made with Bitcoin? \ stacker news ~bitcoin

What’s the biggest purchase you’ve made with Bitcoin?

9740 sats \ 48 comments \ @WeAreAllSatoshi 1 Dec 2023 bitcoin

I have a contractor doing some work on my home and we were talking about payment options. After he rattled off a few options, I asked if he accepted Bitcoin, and he said “umm, yes! Well, let me think about it.”

This would be a sizable purchase, which got me wondering, what’s the biggest (in terms of Bitcoin) purchase you’ve ever made?

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1933 sats \ 6 replies \ @erby 1 Dec 2023

I bought my s9 with bitcoin around 6 years ago... Was ~$1500 (Was basically .2 BTC)

10 sats \ 4 replies \ @WeAreAllSatoshi OP 1 Dec 2023

Great answer! How many sats have you earned with the s9? Do you still run it?

20 sats \ 3 replies \ @erby 1 Dec 2023

It probably netted me about .5 BTC running it in it's prime.

I'm currently in the process of turning it into a space heater, the last of the parts actually arrived today. Hoping the hash boards are still functional after all this time.

211 sats \ 1 reply \ @WeAreAllSatoshi OP 1 Dec 2023

That's awesome! I didn't realize we already had a similar discussion on another thread lol I often don't pay attention to nyms.

0 sats \ 0 replies \ @elysia 1 Dec 2023

It's easy to miss things, but that's part of the fun

0 sats \ 0 replies \ @elysia 1 Dec 2023

That's innovative, best of luck with your project

0 sats \ 0 replies \ @zeRealSchlausKwab 2 Dec 2023

I once bought drugs on the internet for like 0.2 BTC or so. Transferred the corn straight from a KYC'd exchange wallet. Oh the blunder years...

41 sats \ 0 replies \ @benthecarman 1 Dec 2023

in 2019 bought a gaming computer for 0.1 btc, i have regrets

480 sats \ 1 reply \ @itsrealfake 1 Dec 2023

Spent $700 on concert tickets. Should have put it on a credit card.

Bought an S19 for around $1000. Should have put it on a credit card.

Spent $1200 on 1/8th beef. Should have put it on a credit card.

0 sats \ 0 replies \ @itsrealfake 1 Dec 2023

The beef was worth it, honestly

184 sats \ 0 replies \ @Gar 1 Dec 2023

There was this villa sold in Bali back in 2014. No ragrets.

27 sats \ 0 replies \ @OT 1 Dec 2023

I bought some sh$tcoin miners back in 2017 for 0.9BTC

They went bankrupt too....

Lucky, I continued to learn

101 sats \ 6 replies \ @BitSapien 1 Dec 2023

I recently bought a Coldcard. Patiently waiting for it to arrive :)

31 sats \ 4 replies \ @Catcher 1 Dec 2023

Same here, extra 5% sounded nice)

10 sats \ 3 replies \ @BitSapien 1 Dec 2023

Yup. Took more than 24 hours to get 1 conf (although i did a RBF once) because fees were spiking at that time lol

10 sats \ 2 replies \ @Catcher 1 Dec 2023

Ye, I was really surprised they are not accepting lightning, had to make some workarounds:) but it's a shame they don't use it.

0 sats \ 1 reply \ @Nuttall 1 Dec 2023

Yeah, NVK is not about Lightning. I don't blame him. He's focused on what he's focused.

0 sats \ 0 replies \ @okpj 1 Dec 2023

https://satslink.com/

0 sats \ 0 replies \ @elysia 1 Dec 2023

That's exciting, hope it arrives soon!

21 sats \ 2 replies \ @justBrian 1 Dec 2023

I paid .05 bitcoin to get .1 bitcoin from Michael Saylor himself

😂

0 sats \ 1 reply \ @Longtermwizard 1 Dec 2023

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21 sats \ 0 replies \ @justBrian 1 Dec 2023

Was a joke

21 sats \ 0 replies \ @birdeye21 1 Dec 2023

Havent really bought anything large with it...too painful lol.

Smaller goods from locals is where I enjoy spending the most

316 sats \ 0 replies \ @Neo 1 Dec 2023

Nice try IRS

220 sats \ 0 replies \ @Natalia 1 Dec 2023

my rent 👀

31 sats \ 0 replies \ @DarthCoin 1 Dec 2023

Great. This is the way! In terms of the biggest purchase I made... I really can't remember. From 2018 I am literally living on Bitcoin and I paid so many things with Bitcoin.

20 sats \ 0 replies \ @030e0dca83 1 Dec 2023

2017 I paid 0.7 btc for 80k useless tokens I eventually sold for 80k sats. That was all in, and I still can't believe I paid the sum I'll never recover

20 sats \ 0 replies \ @lv99_slacker 1 Dec 2023

Recently, 0.25405992 (valued $9,472.37 at the time) for x5 120Th S19K Pro's.

20 sats \ 0 replies \ @gnilma 1 Dec 2023

Biggest single item purchase was buying the Embassy Pro from Start9 right at release, aka in the middle of the bear market, which costed over 8.89 million sats. Probably only need less than half of that if I were to buy it now, but at least I got a dope box hand drawn by MADEX.

Most coin spent on a single vendor, but over multiple orders is Coinkite. I have no self control when it comes to Coinkite hardware. Probably blew over 12 million sats on them over the past few years.

I need to guard my stack better and put some control on the impulse buying...

10 sats \ 0 replies \ @Catcher 1 Dec 2023

Coldcard:)

10 sats \ 0 replies \ @Saxtheowl1 1 Dec 2023

hardware wallet

1 sat \ 1 reply \ @Zepasta 1 Dec 2023

I don't purchase anything with Bitcoin (yet). I'm in full turbo stacking mode, no sat can be wasted.

0 sats \ 0 replies \ @BitcoinIsTheFuture 1 Dec 2023

Same here. I’m time! I was going to when I was in Mexico but couldn’t find anyone to take it

0 sats \ 0 replies \ @marcbarbosa 3 Dec 2023

0.1 BTC for a Bitcoin conference ticket in 2014

0 sats \ 0 replies \ @037447d9ca 2 Dec 2023

paid half btc for a $10 phone top up. no regrets

0 sats \ 0 replies \ @fredosha 1 Dec 2023

Paid electricity bill with it.

0 sats \ 0 replies \ @Bitcoinisawesome 1 Dec 2023

I paid for 10 one hour sessions of poker coaching with bitcoin. $150 each for 1500 total

0 sats \ 0 replies \ @ladyluck 1 Dec 2023

A lot but I usually swap my Bitcoin for fiat before I get it

0 sats \ 0 replies \ @BitByBit21 1 Dec 2023

Not a purchase but I took a big loan on Hodl Hodl with my Bitcoin as collateral. I needed some fiat urgently and didn't want to sell it, so it was totally worth it.

0 sats \ 1 reply \ @JesseJames 1 Dec 2023

DId he take it then?

1 sat \ 0 replies \ @WeAreAllSatoshi OP 1 Dec 2023

No conclusion yet. The work is still ongoing.

0 sats \ 0 replies \ @Nuttall 1 Dec 2023

Two Bitcoin miners in 2020. Dumbest purchase I ever made. The company was supposed two run these at a facility but after 7 months the place was not ready. I was given the option to use another place, get the miners physically or refund. I wanted the btc back. They made me KYC, and sent me the Fiat value of my original purchase. Because Bitcoin increased buying power I got about 60 percent of what I originally sent.

I would not recommend ever making a large purchase with Bitcoin! For me it reduced my stack and I've never recovered.

My reason originally was that I'd make up mining rewards. I was able to stack Bitcoin when everyone else sold and then I got cocky.

For small purchases I'd say yes but for large, no.... Unless the vendor would be willing to accept a discount due to the future value perceived. I've told people I would charge only 75 percent for a job if they'd pay me in Bitcoin. No one takes my offer.

Your home is a big deal so if your stack is large enough that it would not harm and the vendor would like Bitcoin then maybe it's good but then you have to be responsible if he doesn't understand custody or he gets rugged.

0 sats \ 0 replies \ @Taurus 1 Dec 2023

I bought some bitrefill coupons for H&M. So clothes for me hehe

0 sats \ 0 replies \ @eduardopro 1 Dec 2023

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0 sats \ 0 replies \ @02df4abd70 1 Dec 2023

I don't make purchases, but I've heard of individuals buying real estate, luxury cars, or investing significant sums in Bitcoin.

0 sats \ 0 replies \ @kdnolan 1 Dec 2023

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0 sats \ 0 replies \ @f6287b82CC84bcbd 1 Dec 2023

5 btc to pay for a North Korean tour in 2015

0 sats \ 0 replies \ @southside263 1 Dec 2023

Bitcoin Machine - umbrel node from a local bitcoiner $500 NZD with of satoshis