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Title: How do you plan to deal with your bitcoin in future? Post by: pengcqu on November 21, 2013, 08:25:32 AM How do you plan to deal with your bitcoinBTC in future?
1) Keeping them forever. 2) Sell them at a good price. 3) Buy miner to mining more bitcoins. 4) Buy other thing using bitcoins. 5) Other better choice. Title: Re: How do you plan to deal with your bitcoin in feature? Post by: pengcqu on November 21, 2013, 08:26:27 AM I am buying some miner to mining more bitcoins.
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: bitcoinpsftp on November 21, 2013, 08:28:53 AM It's a tough question. I will probably sell them once they are worth millions, but only sell half of them :D Do miners still pay better than spending that same money on bitcoins though? I don't know...
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: dserrano5 on November 21, 2013, 08:50:59 AM I expect to use them directly without the need to going back to fiat.
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: beetcoin on November 21, 2013, 09:01:31 AM 1) buy jetskis and cool gadgets
2) go broke by the time 40 comes Title: Re: How do you plan to deal with your bitcoin in feature? Post by: domob on November 21, 2013, 10:39:16 AM Wait until you can do something life-changing (buying a house, for instance) for 50% of your Bitcoins (including the taxes you have to pay for capital gains if applicable, of course). Then do that, and keep the other half for future profits. :)
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: techstorm2 on November 21, 2013, 10:44:32 AM Sell a few when they are $1 mill and retire to do something other than being a wage slave. keep the rest.
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: niothor on November 21, 2013, 10:45:27 AM Taking them with me to heaven.
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: lepirate on November 21, 2013, 10:49:21 AM Sell some of them when the price gets really high, keep some of them for further profit and spending (at that point Bitcoins has been widely adopted)!
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: franky1 on November 21, 2013, 10:56:48 AM It's a tough question. I will probably sell them once they are worth millions, but only sell half of them :D Do miners still pay better than spending that same money on bitcoins though? I don't know... nope, hense why miners are in a forever lasting loop of upgrading their gear in the hope that they can get a bigger slice of the pie.. much like gamblers forever putting more money on red 15 hoping for that big jackpot to cover their loses. instead people need to realise, just like the pickaxe miners of gold did. that there are more ways to get gold/bitcoin. they hung up their pickaxes and opened distillaries and saloons to cater to the community and asked for gold in return. less hard work and sweat, but still receiving a regular income. so set up a shop that has prices 20% higher then cost price of product and keep the 20% in bitcoin and the other 80% goes into restocking products. Title: Re: How do you plan to deal with your bitcoin in feature? Post by: vandeam on November 21, 2013, 11:13:55 AM If i can use bitcoin without going fiat i would do it.
just need more businesses to accept bitcoins + so i can buy a house with it :) Title: Re: How do you plan to deal with your bitcoin in feature? Post by: CIYAM on November 21, 2013, 11:19:37 AM How do you plan to deal with your bitcoinBTC in feature? Did you mean to say "in your bitcoinBTC feature" (as in "feature length film")? If so I will be sure to give it a prominent role. :D Title: Re: How do you plan to deal with your bitcoin in feature? Post by: niothor on November 21, 2013, 11:24:19 AM How do you plan to deal with your bitcoinBTC in feature? Did you mean to say "in your bitcoinBTC feature" (as in "feature length film")? If so I will be sure to give it a prominent role. :D Lol.... I was just browsing the forum and saw "feature" I thought it was a new thread. Well , bitcoin is international , so are mistypes. Title: Re: How do you plan to deal with your bitcoin in future? Post by: MicroGuy on November 21, 2013, 12:25:14 PM Use them to invest in altcoins of course! :D
Title: Re: How do you plan to deal with your bitcoin in future? Post by: Snail2 on November 21, 2013, 02:16:23 PM Gambling on exchanges (30%)
Investing into crypto related services (no mining bonds, strictly something what producing something what I can touch) 40% Investing into crypto related speculative stuff 10% 20% reserve under my pillow :). Title: Re: How do you plan to deal with your bitcoin in future? Post by: bitcoinpsftp on November 23, 2013, 01:28:40 AM You spend 30% on gambling? When 1BTC becomes 1 million dollars, how will you feel about how much money you lost dicing?
Title: Re: How do you plan to deal with your bitcoin in feature? Post by: N4D3B337Z on November 23, 2013, 02:11:54 AM Sell a few when they are $1 mill and retire to do something other than being a wage slave. keep the rest. I'm 100% w/ u on that one.May not be that far off though. Title: Re: How do you plan to deal with your bitcoin in future? Post by: beetcoin on November 23, 2013, 02:18:28 AM when it's $10M per bitcoin, i will buy my own island with jetskis like this http://www.youtube.com/watch?v=LI8x94EVQ7E
Title: Re: How do you plan to deal with your bitcoin in future? Post by: BitDreams on November 23, 2013, 02:23:43 AM I look forward to the day when my paycheck goes into Bitcoin and I can casually spend from it throughout the week, replenishing next paycheck.
Title: Re: How do you plan to deal with your bitcoin in future? Post by: bitcoinpsftp on November 23, 2013, 02:24:20 AM 10M might be pushing it. I honestly think there is no way it can reach that high. Around 1M is probably optimistically speaking the highest it can get.
I've been know, though, on rare, occasions, to be wrong. Title: Re: How do you plan to deal with your bitcoin in future? Post by: LostDutchman on November 23, 2013, 02:35:25 AM How do you plan to deal with your bitcoinBTC in future? 1) Keeping them forever. 2) Sell them at a good price. 3) Buy miner to mining more bitcoins. 4) Buy other thing using bitcoins. 5) Other better choice. I intend to obtain BTC by mining alts; esp. LTC; sell some, hold some and retire on my earnings, using those earnings to live the life style to which I would like to become accustomed. Do a bit of arbitrage; play the game. I will make others rich as well along the way to my financial freedom. I have three rent-free locations in which I am going to locate mining farms and all the electrical power in the world available at very nice rates so the cost is well within reason. Presently have 400 amp/220 VAC in all three locations (88,000 watts per location!). Can sure run a lot of miners with that kind of juice! I can add more if necessary (And I hope it is!) at very minimal cost. Actually, I do not see that I will ever retire as with no work I think I would croak off in only weeks. I didn't go through the recent surgery to sit around waiting to die! My $.02. ;) Title: Re: How do you plan to deal with your bitcoin in future? Post by: N4D3B337Z on November 23, 2013, 03:22:33 AM How do you plan to deal with your bitcoinBTC in future? 1) Keeping them forever. 2) Sell them at a good price. 3) Buy miner to mining more bitcoins. 4) Buy other thing using bitcoins. 5) Other better choice. I intend to obtain BTC by mining alts; esp. LTC; sell some, hold some and retire on my earnings, using those earnings to live the life style to which I would like to become accustomed. Do a bit of arbitrage; play the game. I will make others rich as well along the way to my financial freedom. I have three rent-free locations in which I am going to locate mining farms and all the electrical power in the world available at very nice rates so the cost is well within reason. Presently have 400 amp/220 VAC in all three locations (88,000 watts per location!). Can sure run a lot of miners with that kind of juice! I can add more if necessary (And I hope it is!) at very minimal cost. Actually, I do not see that I will ever retire as with no work I think I would croak off in only weeks. I didn't go through the recent surgery to sit around waiting to die! My $.02. ;) I envy you so much right now. I will try to do something similar. but I can't afford the mining farm right now only a gfx card.(3 KIDS) Title: Re: How do you plan to deal with your bitcoin in future? Post by: LostDutchman on November 23, 2013, 04:02:26 AM How do you plan to deal with your bitcoinBTC in future? 1) Keeping them forever. 2) Sell them at a good price. 3) Buy miner to mining more bitcoins. 4) Buy other thing using bitcoins. 5) Other better choice. I intend to obtain BTC by mining alts; esp. LTC; sell some, hold some and retire on my earnings, using those earnings to live the life style to which I would like to become accustomed. Do a bit of arbitrage; play the game. I will make others rich as well along the way to my financial freedom. I have three rent-free locations in which I am going to locate mining farms and all the electrical power in the world available at very nice rates so the cost is well within reason. Presently have 400 amp/220 VAC in all three locations (88,000 watts per location!). Can sure run a lot of miners with that kind of juice! I can add more if necessary (And I hope it is!) at very minimal cost. Actually, I do not see that I will ever retire as with no work I think I would croak off in only weeks. I didn't go through the recent surgery to sit around waiting to die! My $.02. ;) I envy you so much right now. I will try to do something similar. but I can't afford the mining farm right now only a gfx card.(3 KIDS) Well, I am single and intend to stay that way; sons both grown and on their own. don't owe ex-wife any money! LOL! As far as women go right now, I ascribe to the theory that if it flies, floats or fucks, RENT IT!* Just kidding; there is all the free that you need, just don't let'em in your house! ;) No time for "relationships" is the actual thing right now. Too much work to be done. I am putting together a mining corporation in which I will mine for both my group and for others with buy-in costs at very reasonable rates, especially considering my power costs which to not exceed USD $.107 per Kw/hr. The locations are owned by myself or my partners, so no rent factor and we will very soon go for the Gold. A few things yet to come into place so that I can devote full time to the project. After watching so many others fail at Permanent Mining Corporations, I have a pretty good idea of how they screwed up and failed. I already have a Kansas corporation, all tax matters handled and the rest of the bullshit documention and filings done. Busy weekend coming up for me, I assure you as it is past time to get this show on the road! Thank you for your kind reply! My $.02. ;) *Airplanes, boats and women. Title: Re: How do you plan to deal with your bitcoin in future? Post by: knight22 on November 23, 2013, 04:42:46 AM I'm planning the buy the FED at washington DC with 1 BTC and organize the biggest party ever where everyone is invited. Then, I will turn it into a museum ;D
Title: Re: How do you plan to deal with your bitcoin in future? Post by: LostDutchman on November 23, 2013, 04:50:02 AM I'm planning the buy the FED at washington DC with 1 BTC and organize the biggest party ever where everyone is invited. Then, I will turn it into a museum ;D When you do that, I will offer you 10 BTC for the building so that I can turn it into an animal shelter, mkeay? My $.02. ;) Title: Re: How do you plan to deal with your bitcoin in future? Post by: omega33 on November 23, 2013, 04:52:34 AM I would use my bitcoin to earn more bitcoin before deciding what to do with them
Title: Re: How do you plan to deal with your bitcoin in future? Post by: majamalu on November 23, 2013, 04:54:44 AM 4) Buy other thing using bitcoins.
(I will continue doing what I've been doing). Title: Re: How do you plan to deal with your bitcoin in future? Post by: Mondy on November 23, 2013, 05:47:22 AM buy stuff in real life?
Title: Re: How do you plan to deal with your bitcoin in future? Post by: 2double0 on November 23, 2013, 09:19:39 AM 1) never use them
Title: Re: How do you plan to deal with your bitcoin in future? Post by: pengcqu on November 24, 2013, 03:59:07 PM I would use my bitcoin to earn more bitcoin before deciding what to do with them How do you earn more bitcoin? Title: Re: How do you plan to deal with your bitcoin in future? Post by: kwoody on November 24, 2013, 04:24:52 PM I got burned for about 250 BTC by btcfpga/tom for some ASIC hardware that never existed. that was my miner investment, and was about 2/3rd of all BTC i had ever mined using gpu's. i've been out of the mining game ever since. i sold about 30 btc for fiat a few days ago so i can move to a 420 friendly state once i'm off probation, and the remaining 100 are stored in an offline cold storage medium, and i won't touch it for probably 10+ years.
Title: Re: How do you plan to deal with your bitcoin in future? Post by: Its About Sharing on November 24, 2013, 05:24:03 PM How many comments here about helping others?
It is hard to believe that many here will probably be Millionaires and be able to help many people around that. And indirectly as well, by being disruptive just like BTC. Don't lose sight of the state of the world. When BTC reaches an appropriate price, based on my holdings, I think sending BTC's to good disruptive technologies can help finish what BTC started. Its about sharing |