Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: N12 on July 18, 2011, 05:50:51 PM



Title: How much of your net worth stored in Bitcoins?
Post by: N12 on July 18, 2011, 05:50:51 PM
This should be interesting.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: bencoder on July 18, 2011, 06:05:08 PM
Negative 2% (student loan)


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Bitcoin Swami on July 18, 2011, 06:08:21 PM
Negative 2% (student loan)

Wow actually a good use for student loans.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: bb on July 18, 2011, 06:10:30 PM
It is still a difference whether you actually invested 80% of your worth into bitcoin or you just adopted early and the value outgrew you. :-)


Title: Re: How much of your net worth stored in Bitcoins?
Post by: myhoho on July 18, 2011, 06:20:09 PM
It is still a difference whether you actually invested 80% of your worth into bitcoin or you just adopted early and the value outgrew you. :-)

 No, as far as bitcoin is almost freely convertible exchange, there are no such difference. Let's say early adopters win the lottery, they got the prize and now they have some more money.Those money just stored in Bitcoins.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Astrohacker on July 18, 2011, 06:26:26 PM
Negative 50%. I too have student loans, and thus my net worth is negative.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: elk-tamer on July 18, 2011, 06:45:05 PM
If your goal is to get even spaced categories, your poll should be logarithmic.  I'm at about 0.03%


Title: Re: How much of your net worth stored in Bitcoins?
Post by: bb on July 18, 2011, 08:30:42 PM
It is still a difference whether you actually invested 80% of your worth into bitcoin or you just adopted early and the value outgrew you. :-)

 No, as far as bitcoin is almost freely convertible exchange, there are no such difference. Let's say early adopters win the lottery, they got the prize and now they have some more money.Those money just stored in Bitcoins.

What?


Title: Re: How much of your net worth stored in Bitcoins?
Post by: myhoho on July 18, 2011, 08:47:32 PM
It is still a difference whether you actually invested 80% of your worth into bitcoin or you just adopted early and the value outgrew you. :-)

 No, as far as bitcoin is almost freely convertible exchange, there are no such difference. Let's say early adopters win the lottery, they got the prize and now they have some more money.Those money just stored in Bitcoins.

What?

das hat keine Bedeutung


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Rassah on July 18, 2011, 08:53:21 PM
-68%

(have a large networth offset by a large collection of student loans)


Title: Re: How much of your net worth stored in Bitcoins?
Post by: done on July 18, 2011, 08:56:05 PM
another uber bullish poll  8)


Title: Re: How much of your net worth stored in Bitcoins?
Post by: kookiekrak on July 18, 2011, 08:57:38 PM
I think a better measure would be: How much $$ do you have invested into BTC?

because one man's 100% net worth is another man's 100$


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Rassah on July 18, 2011, 09:01:46 PM
I think this should be changed to
How much of your ASSETS is stored in Bitcoins?


Title: Re: How much of your net worth stored in Bitcoins?
Post by: MKW2012 on July 18, 2011, 09:10:32 PM
Less than 10%. I'm still transferring cash into my Mt. Gox account,so who knows what % it will be a year from now.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: julz on July 18, 2011, 09:21:41 PM
It is still a difference whether you actually invested 80% of your worth into bitcoin or you just adopted early and the value outgrew you. :-)

 No, as far as bitcoin is almost freely convertible exchange, there are no such difference. Let's say early adopters win the lottery, they got the prize and now they have some more money.Those money just stored in Bitcoins.

What?

I guess it depends on whether you consider these equivalent:
a) The decision to invest 80% into bitcoin
b)The decision not to cash out and rebalance when you suddenly find 80% of your networth exists as bitcoin

If your fiat money was earned through years of hard work, whereas your bitcoin wealth was much more of a 'windfall' - then most people will have a different psychological reaction as to how they treat it.

I guess if someone was truly rational about it - then they'd look at how much hard work it would actually take to earn that wealth which is now in bitcoin - and rebalance accordingly.




Title: Re: How much of your net worth stored in Bitcoins?
Post by: BitcoinHoarder on July 18, 2011, 09:23:23 PM
I agree, I like total $$$ better than % of net worth.  Personally, I'm just being honest, I have a lot of bitcoins but also a lot of net worth.  I think the poll probably wants to get at how much $$$ I've put in to Bitcoin.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Mousepotato on July 18, 2011, 09:40:05 PM
100%.  All $260 of it :)


Title: Re: How much of your net worth stored in Bitcoins?
Post by: BitcoinBug on July 18, 2011, 09:58:15 PM
100%.  All $260 of it :)

100% can be very varying absolute numbers... I would be far more interested in "How many Bitcoins do you have?"


Title: Re: How much of your net worth stored in Bitcoins?
Post by: evolve on July 18, 2011, 10:06:43 PM
very small percentage (waaaay less than i put into stocks and other investments). basically, money that wont be missed if bitcoin were to crash.








Title: Re: How much of your net worth stored in Bitcoins?
Post by: error on July 18, 2011, 10:08:10 PM
I went with 10-20%, though it's more like 15%. Also have about 10% in precious metals. Maybe 15% in USD. Not discussing the remainder. :D


Title: Re: How much of your net worth stored in Bitcoins?
Post by: haploid23 on July 18, 2011, 11:02:22 PM
i'm in the way negatives right now and trying to make it back. i'm not even close to breaking even with hardware costs yet, given the recept BTC value


Title: Re: How much of your net worth stored in Bitcoins?
Post by: BusmasterDMA on July 19, 2011, 03:41:31 AM
Error: divide by zero exception uncaught.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: FreeMoney on July 19, 2011, 06:07:39 AM
I'd be interested in seeing the results of a [Bitcoin] / [liquid gov money] poll. Mine is >1.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: Jaime Frontero on July 19, 2011, 07:35:54 AM
I'd be interested in seeing the results of a [Bitcoin] / [liquid gov money] poll. Mine is >1.

interesting data slice...

mine is also >1.  most of my other investments are solidly illiquid.


Title: Re: How much of your net worth stored in Bitcoins?
Post by: kwukduck on July 19, 2011, 10:26:20 AM
also a negative, about -10% i guess... students loan....


Title: Re: How much of your net worth stored in Bitcoins?
Post by: giantdragon on July 19, 2011, 10:34:39 AM
Invested 250 EUR into BTC.