Bitcoin Forum

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. 8)

That is one way of looking at it :P

Depends on what your end goal is and how you want to use them. If you split it and buy and sell regularily it might work out for you.

This only works if you're only observing those two options, and it's only imaginary co-relation. Even in the case where your assets are 50-50,
you can not gain value looking at it that way.

On the other hand, i'm personally only interested in the amount of bitcoins i have, and not their value vs fiat. Fiat is a ticking bomb long term,whereas bitcoin
at least has a chance.

Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price

Well that certainly is a rosy way of looking at your bitcoin investment.   ;)

I think I should probably look at the stocks I own that way.  When they go up in value, they're worth more fiat.  When they go down in value...wait, what? 

Nevermind, I can't think like that.

This is probably the second dumbest thing I have ever read on the Speculation board, and that's saying a lot.

I have a 50/50 change of winning the lottery, either I do or I don't !

i dont understand what is the question do you mean, dollars is fiat currency it will different with bitcoin. so if you not hold bitcoins what is the problem for you.

If he's buying some every month or so, then price is down, he gets more bitcoin for his dollar.
Its good if in the long run bitcoin price is much higher.

If Bitcoin goes up, your dollars is DEAD ... because the majority want FIAT money to buy exotic car.
And then, economy collapse.

Bitcoin win.

http://imagizer.imageshack.us/a/img907/5898/D9zxFp.gif

im guessing op isnt at his best with maths , or logic , for that matter, but whatever sails his boat i guess.
It seams that he's 50-50%, (fiat-crypto) where one side from that investment will be proven as a bad one, ill let you guess which one :)

Nope, I have bought objects for bitcoin without agreeing a fiat price. Bitcoin is just another currency, albeit a volatile one.

I do not think that will happen. You should check how big dollars.
For it is also a lot of work and people do not even know how Bitcoin works.

WTF? Bitcoin is a currency, mate. It's completely independent from USD. Seriously I can't make sense out of what you're trying to say there.

Yes the bitcoin is independent by its self but to convert them you need usd.
That's what he is trying to say, if the dollars falls there are no worries, we have the eur.

Really funny how people take this seriously..

I'm no 50/50 or whatever..
If you think about it there is only 2 ways of reading this post:

Either way I'm juste à basic trader like everyone else: Bitcoin down I buy ( with my dollars that are worth more Bitcoin ), Bitcoin up I sell ( with my Bitcoin that are worth more dollars ).

Or I'm juste doin' nothing with my coins ans my dollars and then.. Well nothing.

I think dollar always remains the largest. There are so many people who use dollars.
But Bitcoin is also widely used but not as much as Dollars. Some people do not even know what Bitcoins are.

It is same for me right now but i will be buying bitcoin now at this price.
Its better to hold both fiat and bitcoin simultaneously to get profited from market move. ;)

In todays market the merchants look at Bitcoin exactly as that dude is saying. For them it doesn't have any value if it isn't tied to fiat. We know Bitcoin doesn't need any fiat currency to work, but for the average Joe this situation will be completely different.

your decision seems to be good and earns even when you find any of the one is down or not in a stable value.
When bitcoin goes high the dollar does't need to go high to yield profit.

i don´t get why no one seems to see the the beauty of your argument. you nailed it.  :)

no you are not winning either way if that another way is the drop of price, then you would lose your money as it would be worth less and you could get less for it in the market

Yeah the $400 barrier has finally been broken and the price is slowly moving up in price. Now that is something happening with in Bitcoin people are hopefully coming back to it.

Good math, but if your dollars are trapped in bitcoins then it not the same amount of dollars. I think you are winner anyway, when you come here to post this kind of things. You need to grow up!

you're right, they are both different but I guess they are one, you can not use bitcoin if the dollar becomes worthless, and I think the dollar amount will increase as prices rise bitcoin

If you do not have bitcoin then definitely you will win in either ways as you do not have lost any penny with the price down of bitcoin , but if you have some bitcoins and the price drop then you will definitely some amount from that invested money.

HAHA this was one of the funniest things I've seen today.
Thanks for the laugh.



...yeesh a lot of people don't have a sense of humour do they.

No matter how much the price rises, the people will cash out to dollars whenever they need money and want to make transscations and sale/ purchase. The resaon being it is, the bitcoins, not widely avaible yet.

You are not winning at all because you once invested in the money and it had cost you dollars, if you did it cheap it would not be bad indeed.
But if you invested right now and are saying this its just bullshit to me honestly because if the bitcoin go up you will make profit and if it goes down you will lose profit...

Yes if bitcoin is wildly available in most countries then the price might go up people in other countries still doesnt know about bitcoin and how it works.

i think before the Blockhalvening (http://bitcoinclock.com/) is bitcoin the best investment... i think the price rise up after this

he is not making a joke, read his second comment below, that is what most of the bitcoin traders do. you go half and half (more or less) on bitcoin and fiat and buy low and sell high then use the profit bitcoin or fiat to purchase whatever you want.

The price will go up after the halving so investing right now to get more bitcoin is a good move to do.

Of course if bitcoins value has raise then its going to be worth more dollars and this will bring a lot of money to people who are using bitcoin as an investment.

The more bitcoin value has become high its price will also increase significantly and there would be a lot more trading that is going to happen in the market.