Bitcoin Forum

Just like what the title says. Just curious because your actions in part (although not significant) will also determine how many of these coins actually ended up back in the open market? Let's just be honest here because saying and really doing it are two different things. Just want to find out if you are a true advocate or believer in the system because I saw quite a number in the forum who tells about earning through campaigns, hoarding or even buying the coins to help the price, but is it really true? Or you are just there to earn and convert the coins to buy your phone credits and games pass.

For me all my coins are still intact until today

All I received in bitcoin as of today was spend in bitcoin. I did some day trading in the past, but thats not my thing apparently.

I dont think the price will be influenced by the relatively small amount the campaign pay out.

I'm mostly holding the coins that go to my campaign address, but I do spend from some of my other addresses. Mostly small donations and things like humble bundle games when I like an offer (I'm not a very active gamer.)

Onkel Paul

Same here. I save them unless I have something I really want - such as good domain etc. I am holding Bitcoin because I have confident that Bitcoin price will not stay at ~200 USD.

I've not sold 1 of my coins since the price was @ $700+, to me they are worth more than $200 or whatever. Every single coin made from signature campaigns and any other BTC trades or promos has been banked for longer term.  Not bothered about the price unless BTC dies, just means i can pick up more :)

Would a poll have been better to get a better idea of hoarders and spenders? Anyway i have yet to spend a coin from signature campaign and hopefully i never need to, it is a nice way to save some free bitcoin for doing what you usually do anyway.

I haven't earned any personally yet but whether someone holds them, sells them, trades them, or buys things with them directly the choice is up to them but they are all helping the bitcoin economy in their own way. Personally I would prefer to hold for a while because I believe the price can exceed its previous high of around 1k eventually.

only a small portion of it like 10%, the rest are in a cold storage, i'm not going to touch them it with this ridiculous price

i save every coin received from my signature campaign to hold it. once i have a decent amount to buy something with i might use them to purchase something.

I convert my payment into altcoins or I recharged them :D

Until now all the coins I received (and some bitcoin I bought with fiat) ended up in my altcoin wallets.
At this prices I will even buy more bitcoin.

I saved every little Satoshi I received from my signature campaign, you can check my profile and Bitcoin address.
It goes directly to cold storage as part of my savings, for a brighter future. I will cash out when the price hits anything higher than $2000 per BTC, ANYTHING lower will be hoarded. ^HeH^

I am building on being a <Bitcoinaire> ^Ha ha ha^

I haven't sold any of my signature BTC earnings, it all goes to my 'fun fund' which I'd use for donations, occasional gambling and small purchases. The latter could be considered a form of selling and probably have negative effect on the price, but I don't see anything wrong with that. Bitcoin is meant to be used not just hoarded.

Well I don't sell coins but I do use some of them. I've bought some stuff in the past via the Bitcoins that I've earned like a Kialara Physical Bitcoin and some other things.
Selling the coins is a bad move if you ask me especially if you factor in the current price. I'd rather invest or buy things using them at some time.

I see the BTC coming in from signature campaigns as some nice extra money on the side - nothing more. I tend to save them actually, you know... A little extra money maybe being worth a fortune when it's time for retirement ;)

I never sell any of my coin.
The current price is definitely undervalued, I will hold until a good price to sell.

I'm thinking about joining a signature campaign.
They can have my avatar space too.

But I'm going to wait a few weeks until I'm a senior member.

There are some campaign also welcome full member to join, sure the rate is lower than sr member, but you still can got paid to post.

I don't sell any. Every time I reach at least 0.25BTC I mix the coins and then send it to one of my cold wallets.

So you're saying that you don't use bitcoins at all? Everything eventually ends in cold wallet?

I personally use mine for various purchases (trying to improve the merchant acceptance of Bitcoin). Everyone that accepts Bitcoin I use it for - the only problem I have is that in most cases that merchants themselves convert it back to fiat (usually via BitPay/Coinbase) which is rather frustrating. On the plus side, hopefully having a larger user base for Bitcoin convinces them to just keep it one day (although I doubt it'll happen anytime soon).

Recharge? What the hell does that mean? I have no idea why you'd convert them to crapcoins either but each to their own I guess.

I dint know buying and selling bitcoins affects the price as it's trading in bitcoins. I do sell my bitcoins because I don't want to wait till the price reaches $150 or for blockchain to close down forever. I have already had my own bad fortune of saving cash in an online wallet for over 6 months. I don't even keep the shares of companies I buy for more than a month and sell them as soon as the price increases.

I don't sell them, I only use them to buy goods/services. I usually converts fiat to BTC....

I 'm used to hold about 90% of the received coins and using cca. 10% for some playing on Cryptsy and Bittrex. Cashing out would be quite senseless at the current prices.

I use Bitcoin everyday. I have different wallets for spending. Coins earned with sig campaigns will not be spended.

How many coins do you guys earn posting in say 12 months?

I'm a senior member in about 3 weeks.

What could I earn in 12 months as a senior member?

I have a fairly decent sized stash that I HODL but I might aswell earn by posting like everybody else.

I do not think that amount actually determines the market price. There are only couple hundred of sig campaign users, at best, and the amount we all receive s not sufficient to move the price. No way.

I can't tell you an exact number the amount depends on the market price and on my availability.

I save all the coins from the signature except small portion of them goes to trade some altcoins when the price is really attractive!

I wouldn't sell any hard earned bitcoin from the signature campaign at this far low price level!

The best paying per post signature campaign is DaDice right now if I am not mistaken. So you can theoretically you will earn max 0.13 by posting per week so 52x0.13=6.76BTC per year.

Edit: I corrected myself.

I'm basically playing with all the BTC I received from signature campaigns, I also convert some every now and then even if the prices are ridiculously low. It helps me to pay some bills, you know. But the majority of my coins remain in a paper wallet, which I hide in a place wherein I'm the only one that can touch it or see it. I'm surprised that most of the users who are enrolled tend to say that they're holding. ;D

Let me be the one to correct your math:

52 x BTC0.13 = BTC6.76 per year.

Uhhm, 52 x 0.13 = 6.76 btc. That alone is a pretty good sum if you might ask me, given the fact that you only need to stay active and remain on topic for your posts.

Speaking of the ad-campaigns, I am thinking of signing up for one, can anyone tell me the one with the least requirements? I am low on bitcoins, and...well, I need to earn some pronto.

Here's the right thread to go. Choose the one that fits you best:

https://bitcointalk.org/index.php?topic=615953.0


It is a good sum, but only if you're 'natural' poster. If you have to force yourself each day to post and struggle to find any subject you could contribute to, then it's not worth it. But if you were active on the forum anyway, then joining sig campaign would earn you free money.

Generally I don't sell them, I am a BTC believer, I tightly hold the coins I earned.

There are some special cases I would sell:

1. I need fiat urgently,
2. I think BTC price will go down, so I may sell high and buy when it is lower, so I can earn btc from trading.  :D
3. good altcoins are dipping, so I buy cheap altcoins, and sell them in higher price to earn bitcoin.
4. Buy something valuable.

I keep my coins, or occasionally throw a few away on dice sites on the off hands of hitting a jackpot.

I doubt the few bitcoins earned each from signature campaigns really matters much to the market ;D  You should make the decision to hold or sell based on other factors.  Hodling has always been a very good strategy up to now with bitcoin why should it change?

i beg to differ , limited campaigns can't be the best, bit-x with its unlimited post is miles ahead, you can earn much more if you are really active, and increase payout are coming also

I do not sell the coins I earn, though the sig campaign or by the cartoons and drawings I sell for BTC

I buy stuff, love the initiatives people set up to earn a coin, even sell legit goods. Better are the numerous real world shops, bars and restaurants where they accept bitcoin. Am planning a visit to Gent this summer, besides a lovely place to visit it has a lot of bitcoin accepting venues.

I hold some, I do trade in some altcoins, just for fun. I never sold for fiat, just for the sake of not wanting to support the fiat directly with my earned coins.

No way, I keep every single satoshi. I "sold" (cashed out to my bank with coinbase) one time when I first started bitcoin, it was like $20 to see how it worked. Never cashed out again.

Especially at the current rates :).

It's really not worth the hassle to do sig campaigns just so you can withdraw it to fiat.

The purpose of this thread is to give sig-wearers an easy opportunity to increase their post count to meet the post quota of their respective signature campaigns. A poll would be detrimental to that objective.

Sell your coins!?!!?   ???  What the fuck does that mean?

BUY, HODL, RINSE REPEAT!
BUY, HODL, RINSE REPEAT!
BUY, HODL, RINSE REPEAT!
and spend occasionaly and replenish spent coins... :D

I‘m a Bitcoin believer before and store Bitcoin like you, but when the price fall over and over, I found holding is probably not a good option anymore, so I sell my Bitcoin by stages, that helps me to reduce the price risks.

You sell drawings? Can someone commission you to draw something specific or do you have some sort of collection you could show us? I always found the idea of offering your services for Bitcoin highly interesting. I, myself, am still looking for some goods or services I can sell....

I never sell coins. The reason I have bitcoin is because I want bitcoin. My bitcoin is bitcoin my fiat is fiat

Do you spend them at some point or are you simply 'hoarding' them forever? One thing to consider is: You never actually make a profit unless you realize your gains at some point (sell your investment).

We need a new Willy bot or mass adoption to reach the point when it worth to realize profit :).

I rarely trade Bitcoin for fiat (if that's what you mean by selling). I usually spend my Bitcoin on everything from pizza to new furniture for my living room.

I hold =)

it's better not,  would destroy the last small faith that people still have on bitcoin, a steady grow is better, you can spend now bitcoin, don't need to wait for a price to rise, bitcoin was mean to be spent not exchange for fiat

Perhaps you missed the "...or mass adoption" part. I'd be the most happy with that option.

Even though people think this is some of a "rule" I do not agree. If it wasn't for Willy we would have never spiked and would probably still trading at around $100 if not lower.
We wouldn't have so many people coming aboard either.

Hi op i don't earn a major amount from my campaign but the bit i do earn i don't just leave it in a wallet or sell them, i invest in several ventures mainly quick alt coin turn arounds and poker and then back to bitcoin, i have managed to make a half decent amount of bitcoin from it so i will continue.

I sell my coins unless we're in the middle of a dump, then I wait for price to recover. If I could buy more stuff with Bitcoin I would, but most of the things I need is available only for fiat.

I usually hold when the price still low and sold when it reach more than $ 300/ btc.
I have a bad luck on gambling or trading so I turn out immediately into my local currency for my extra salary

I soend them as soon as I reach prefered amoount. we live one time, so let spend them for our desires

I work on commission, mostly black and white cartoon style drawings, digital or handdrawn, but I can do more if the price is right :)

My thread in the services section https://bitcointalk.org/index.php?topic=1016226.msg11151307#msg11151307 (https://bitcointalk.org/index.php?topic=1016226.msg11151307#msg11151307)

I trade with the income I receive in sign camp, and mostly I use for online shopping items I needed  :)

I leave it all in crypto, but I invest that amount further because I feel I can afford to lose those coins in a bad scenario. Mainly I put them in cloudmining or altcoins. Still a bit afraid to do constant trading, maybe because still don't feel confident enough about my judgement in alts, but one day I will try it definitely. Better sooner than later ;)

But doing calculations like this aren't very accurate long term. In a year, the price can change a lot so im not sure the campaign owners will be nice enough to not lower the BTC payments if price goes too high again.. they should keep it because as of right now it doesn't pay much but yeah.. it is what it is, a small bonus.

Also, this would mean u do not miss a single week and that you post like maniac. No way anyone can keep that pace for a year.

well the current price is teaching us that the natural raise of the price needs plenty of time, i'm not sure if that without willy, we would still trade at 100 usd, if we would be at current price anyway, we also reached current price in april 2013, this is another proof that willy wasn't needed

True. Probably no one could keep such 'pace' throughout the entire year.

That being said, the above calculation is for DaDice, Bit-x has no max cap and there are people able to make way over BTC1/month.

Possible price increase is irrelevant, we're talking about current conditions. If the price go up to $1000, the pay-per-post rate would likely decrease, but BTC1 will be over 4x more appealing than currently.

This is my BTC theme song: https://www.youtube.com/watch?v=SVp-zIONsrs

This is mostly true for me as well, though it has dawned on me that if no one uses bitcoin it wont become popular, so I've started to spend a little of it.

yeah of course I spend my coin, my wallet has gone empty many times, its just that I dont need more CAD.

On non-related subject, there's a donation thread for BurtW's daughter going on:

https://bitcointalk.org/index.php?topic=985596.0

The target is only $600, so far collected 1.09100698 BTC

https://blockchain.info/address/1FvX81SxjLLvFymFVDH3Z4LXA87jVU6EaH

If anyone is interested in showing some support and sacrificing few-posts-worth to the cause, then please donate.

I don't earn much with signature campaigns lately, but I have received a nice amount of 0,x BTC from earlier Primedice signature campaigns.

I have not sold a single Satoshi of them. I stacked a part of these coins, bought some Steam games with another part, traded a small part for altcoins (in order to short-term trade a bit) but lost most of them in an ASIC scam.

That's because you're sticking w/ bitmixer, you can earn ten times more w/ bit-x but I'm not sure if they've got any openings at the moment - tho I could be wrong and you should look into it.

I think most people will be dropped from the bit-x campaign since Marco is working on new campaign stuff to be released in a few weeks. Only the active guys like quickseller and redsn0w will get to stay for the few weeks ( I think)

I have earned some BTC7-8 from various signature campaigns in the past 3 years. And I have converted around BTC7 to cash. I am in a very dfficult financial situation right now, else I wouldn't have sold them. My total BTC holdings are around BTC25, and I am thinking about selling at least half of my coins to reduce my bank loans (~$15,000).

I see your point but I'm pretty much the most active poster on that situation but Marco hasn't said much to me about any changes. I know he's doin below avatar pics which I'm not interested at this point, simply because my account is way too valuable to me than the extra BTC that is offered for it and I won't scrub my avi for it. Not doing it. If I was entertaining that then I might as well sell this account and any buyers would freakout at the cost at this point. But, I'm always entertaining offers. It's been a long while so that's what you're paying for if that's what you want. The other thing is that I own the Rand thread (which will continue to be notable and a moneymaker via many postings to it that needs to be kept up with more fresh postings during and from Rand's campaign trail = everyday is chock full of free posts if you know where to look and i can give ya the hint for a bonus or in a package, if I were to entertain such a thought) that I keep live so that's up your alley too. Between my posting info and Bit-X,  I am a big dog poster and to get up on my account would mean you'd need to do something similar. Go high, I might take an interest. In the mean time, the posting ops are groovy.

I hold all rhe xoins in my wallet, sometimes I spend some on games. Im not going to cashout any coins, because the market price is just too low...

I almost never sold my sig earnings because I don't have any need of extra fiat. not that I earn that much, anyway. the most I've earned was 0.13-ish btc


I do buy things with it, however

Same. I don't earn enough and it would be useless to sell such a small amount. I either hold them for if I want to buy some digital goods items or mostly I just gamble with them.

I don't sell my coins for fiat, I use it as I use all of my bitcoin, whenever I can!

I ordered Pizza again with bitcoin on Sunday, I will be using them in a cafe at the weekend.  The little tops ups are nice, it's like being treated to a meal/coffee once a week.
I pruposely look for the places accepting bitcoin so that I can do this, got to support the community!

Its better for the market value overall vs selling bitcoins direct and i guess when your spend the coins the place who accept them might keep a certain % in bitcoin.  We need to develop more wages paid in bitcoin + merchant & distributors creating a circular economy. 

I did mention that clearly in the OP. Like I've said, it's not significant per se but it's more like trying to find out what you guys actually do with the fund. When I read through all the posts it's clear that some of us here sold the coins immediately in order to get quick cash. That won't move the price so much but bear in mind that still means coins getting introduced to the open market.

there is no way a merchant might keep bitcoin, they will trade it to fiat because they will need to restock their goods, and they do need fiat to purchase their necesitty which can be obatin with fiat and not bitcoin



I actually sell my earning to fiat right after I receive it, needs some extra fiat to purchase things . So the extra bitcoin from sig campaign goes to fiat directly since im not a believer

Shame on you :P
Why even bother? Not big income, but relevant if you ARE a believer...