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JPSUB · 19 January 2018, 06:57 AM

Does anyone know any sellers that are accepting bitcoin or other crypto currencies for payment?

Thanks
James

Sent from my iPhone using Tapatalk

watchwatcher · 19 January 2018, 06:59 AM

Have you tried contacting any of them and asking?

To answer your question, no.

Bond's First Watch · 19 January 2018, 07:06 AM

Why would they? Lately the cryptos have been rising and falling faster than a porn star.

.brian. · 19 January 2018, 07:24 AM

Username olivesales apparently does (or did).

ras47 · 19 January 2018, 07:44 AM

Bitcoin values fluctuate WILDLY, to the point that its Russian Roulette to accept them for goods worth thousands of dollars. Insanity to accept Bitcoin for a Rolex.

peterpl · 19 January 2018, 08:45 AM

Heaps of companies accept Bitcoin and other cryptos now for gold bullion.
I'm sure you can find someone to accept them for a watch.

Heck there are house sales now in bitcoin. We just had one go through locally where I am.

Naples09 · 19 January 2018, 11:14 AM

Why not sell the bitcoin and pay cash for the watch?

jcatt · 19 January 2018, 11:53 AM

Overstock sells pre-owned Rolex and they accept BTC. However, IMO, their prices are way too high. I've been looking for a seller who accepts crypto, too.

As far as why: if you were going to buy something (a Rolex) and traded your BTC for cash and bought the Rolex with cash there COULD be a tax (long or short-term cap gains) consequence when you trade out your BTC for the cash, whereas trading BTC directly for the item removes that risk, to a degree. I know people who buy gold and diamonds with BTC, and then trade that for cash. It's the transaction out of BTC into a fiat currency like USD that may have tax implications.
JCATT

dadonn2 · 19 January 2018, 05:39 PM

Gray and Sons accepts BTC. Would be great if more did accept eth, ltc or whatever.

Diana Spellman · 17 September 2019, 01:30 AM

Quote:

Originally Posted by Naples09

Why not sell the bitcoin and pay cash for the watch?

great idea!

19 January 2018, 06:57 AM	#1
JPSUB "TRF" Member Join Date: May 2007 Real Name: James Location: Houston TX Watch: 16610 Posts: 332	Watches for crypto currency or bitcoin Does anyone know any sellers that are accepting bitcoin or other crypto currencies for payment? Thanks James Sent from my iPhone using Tapatalk __________________

19 January 2018, 07:44 AM	#5
ras47 "TRF" Member Join Date: Apr 2017 Real Name: Robert Location: Northern NJ Watch: 16710 BLRO Posts: 3,063	Bitcoin values fluctuate WILDLY, to the point that its Russian Roulette to accept them for goods worth thousands of dollars. Insanity to accept Bitcoin for a Rolex. __________________ Rolex GMT Master II BLRO 16710 Omega Speedmaster Co-Axial Chrono

19 January 2018, 11:53 AM	#8
jcatt "TRF" Member Join Date: Oct 2017 Location: Lost, but on-time Posts: 267	Overstock sells pre-owned Rolex and they accept BTC. However, IMO, their prices are way too high. I've been looking for a seller who accepts crypto, too. As far as why: if you were going to buy something (a Rolex) and traded your BTC for cash and bought the Rolex with cash there COULD be a tax (long or short-term cap gains) consequence when you trade out your BTC for the cash, whereas trading BTC directly for the item removes that risk, to a degree. I know people who buy gold and diamonds with BTC, and then trade that for cash. It's the transaction out of BTC into a fiat currency like USD that may have tax implications. JCATT __________________ Daytona 116500, White Dial Custom Daytona 116520/ 6263 Daytona 116520, Black Dial GMT Master II Pepsi 16710 Cartier Roadster Chrono

19 January 2018, 06:59 AM	#2
watchwatcher "TRF" Member Join Date: Jan 2009 Real Name: Larry Location: Kentucky Watch: Yes Posts: 34,478	Have you tried contacting any of them and asking? To answer your question, no.

19 January 2018, 07:06 AM	#3
Bond's First Watch Banned Join Date: Sep 2014 Location: Idaho Falls, ID Watch: Only the 114060 Posts: 380	Why would they? Lately the cryptos have been rising and falling faster than a porn star.

19 January 2018, 07:24 AM	#4
.brian. "TRF" Member Join Date: Dec 2016 Real Name: Brian Location: Bad things happen Watch: in Philadelphia Posts: 495	Username olivesales apparently does (or did).

19 January 2018, 08:45 AM	#6
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	Heaps of companies accept Bitcoin and other cryptos now for gold bullion. I'm sure you can find someone to accept them for a watch. Heck there are house sales now in bitcoin. We just had one go through locally where I am.

19 January 2018, 11:14 AM	#7
Naples09 "TRF" Member Join Date: Nov 2009 Real Name: Jim Location: Naples, FL Posts: 1,795	Why not sell the bitcoin and pay cash for the watch?

19 January 2018, 05:39 PM	#9
dadonn2 "TRF" Member Join Date: Feb 2015 Real Name: Dave Location: NYC Posts: 1,557	Gray and Sons accepts BTC. Would be great if more did accept eth, ltc or whatever.

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