Bitcoin Forum

Other => Beginners & Help => Topic started by: Nyaaan on November 06, 2011, 09:34:16 AM



Title: How much money have you spent on Bitcoin?
Post by: Nyaaan on November 06, 2011, 09:34:16 AM
I've spent 100 dollars so far, should I continue buying BTC? :)


Title: Re: How much money have you spent on Bitcoin?
Post by: Coinabul on November 06, 2011, 10:58:49 AM
I've invested a couple hundred. I think Bitcoin is almost as addicting as the nasty stuff you can buy on those questionable sites on the tor network... You just buy 100... Then you want more!


Title: Re: How much money have you spent on Bitcoin?
Post by: dark_science on November 06, 2011, 03:12:26 PM
about 1... way to much to be honest ;)


Title: Re: How much money have you spent on Bitcoin?
Post by: Aldun on November 06, 2011, 03:35:51 PM
About 120, but primarily on trades between real-life friends of me.


Title: Re: How much money have you spent on Bitcoin?
Post by: deltanine on November 07, 2011, 10:41:39 PM
I've spent $30 for Casascius physical coins from memorydealers.com.  By the way, they look really nice and I could not have had better service.


Title: Re: How much money have you spent on Bitcoin?
Post by: Flyers66 on November 08, 2011, 01:17:17 AM
None, ive done smart trades to work my way up but then i cashed out most of my bitcoins.


Title: Re: How much money have you spent on Bitcoin?
Post by: Ferroh on November 08, 2011, 12:18:18 PM
I have a few thousand USD in BTC exchanges. I hold a few hundred dollars worth of BTC.


Title: Re: How much money have you spent on Bitcoin?
Post by: dancupid on November 08, 2011, 01:44:21 PM
I have a few thousand USD in BTC exchanges. I hold a few hundred dollars worth of BTC.

Me too - I'm just waiting for that magic moment when I can move it all into bitcoin. But I want to be ready.
I tend to play around with a few hundred bitcoins for speculation. Though I did once buy a few thousand bitcoins when drunk - speculation and alcohol are a bad mix.


Title: Re: How much money have you spent on Bitcoin?
Post by: ladida on September 15, 2012, 11:19:43 AM
I have spend about 1400 bitcoins over the course of a year


Title: Re: How much money have you spent on Bitcoin?
Post by: CJGoodings on September 15, 2012, 11:21:16 AM
Lost track, would have to bring up my sales history on sr :P


Title: Re: How much money have you spent on Bitcoin?
Post by: Meizirkki on September 15, 2012, 11:34:34 AM
150€


Title: Re: How much money have you spent on Bitcoin?
Post by: Captain_Mubbers on September 15, 2012, 03:09:26 PM
None yet! Let's see how fast I can change that!


Title: Re: How much money have you spent on Bitcoin?
Post by: Zack on September 15, 2012, 03:47:51 PM
Haven't spent any on BTC itself, but did spend $170 on a BFL Pre-order.


Title: Re: How much money have you spent on Bitcoin?
Post by: teamhugs on September 15, 2012, 03:55:07 PM
So far $100. Pondering dumping in $10k or more to play the market.


Title: Re: How much money have you spent on Bitcoin?
Post by: Graet on September 15, 2012, 04:03:51 PM
mmm well
a few $thousand on hardware to mine

several $thousand more running a pool

not much more than $1,000 spent buying







Title: Re: How much money have you spent on Bitcoin?
Post by: FreeMoney on September 15, 2012, 04:11:32 PM
~Everything


Title: Re: How much money have you spent on Bitcoin?
Post by: c4n10 on September 15, 2012, 04:18:39 PM
Wow, I wish I had the money to spend that you guys have, holy crap...

I haven't spent any money because I don't have any money to spend, lol...

Right now, my plan is to slowly build up enough money to get my first quality mining set-up. Right now, I mine between the two computers I own for a whopping (sarcastic) 42 MH/s, lol...

In addition to that I am offering photoshop and website security testing services for BTC on multiple bitjob sites like ForBitcoin, BitCoinerr, BitGigs and more, but no one has expressed any interest.

I am also selling goods on BitMit, though haven't actually sold anything yet...

After about a week, I'm at 0.13463017 BTC, lol...

At this rate it should only take me about 20 years to buy my first decent rig, lol...

In the meantime I am looking for an IRL job to help fund my BTC addiction, hopefully I can find something that will allow me to save up for a decent rig within the next couple of months...



Title: Re: How much money have you spent on Bitcoin?
Post by: pr0npay on September 15, 2012, 07:08:16 PM
Tens of euros, just as an experiment. Probably a few euros on electricity mining before I realized that without a GPU it costs 10x more than the return on investment.  :P


Title: Re: How much money have you spent on Bitcoin?
Post by: PeteChad on September 15, 2012, 07:22:12 PM
Only about $150, but I did mine a bunch of coins previously.


Title: Re: How much money have you spent on Bitcoin?
Post by: Zangelbert Bingledack on September 24, 2012, 02:24:37 PM
Only about $250. I'd buy more but I don't have a computer (using my smartphone) and I'm not sure I can secure them properly.


Title: Re: How much money have you spent on Bitcoin?
Post by: casascius on September 24, 2012, 02:29:03 PM
Everytime somebody buys my coins, I'm being paid for shipping in BTC but actually paying the postage in USD.  This is effectively resulting in me buying dollar-cost-averaged BTC.  Many orders are sizeable in shipping costs (e.g. Express/EMS shipping costing ~$40), and I'm certain I've spent a few thousand dollars in postage over the past year.  Since I don't end up selling the BTC, I've seen a nice little fortune just having those shipping charges appreciate.


Title: Re: How much money have you spent on Bitcoin?
Post by: wormbog on September 24, 2012, 03:32:11 PM
I decided at the beginning to loan myself money for some 5830's to get started, pay them off with mining profits, and bootstrap up from there. Now that mining is no longer profitable (for me) I've sold the cards and bought BTC with the cash. I've probably paid an extra $1500 in utility bills since I started, and now I've got a little under 200BTC plus some items I've bought w/ BTC over the past year.

My strategy going forward is to only spend "found" money on BTC... cash I didn't earn from working my regular job. If I sell off some old equipment, get an unexpected gift or refund, etc.  I'll convert the cash to BTC.


Title: Re: How much money have you spent on Bitcoin?
Post by: thorvald on September 24, 2012, 10:59:58 PM
4000$


Title: Re: How much money have you spent on Bitcoin?
Post by: DanielVG on September 24, 2012, 11:48:31 PM
About € 1500.

But i sold about € 4000.

I don't mine or run ponzi's, which seems to be in fashion here.
I play satoshidice all the time and sell winnings or put them in GLBSE assets.
I play with online wallets on my cellphone when i'm not in reach of a wifi
and when i'm in reach of a wifi i play satoshi with bitcoin Qt, multibit and electrum.
I have a tendency to divide my coins in different wallets, in case something goes wrong with one of them i don't loose everything.  Also because i'm curious in development of user-friendly lite clients.
I must have extracted a few hundred coins over 6 months with a growing average of 100 to 500 bets a day.
I lost 56 on the first day though.  It was my 2nd bet ever! hear me out:
I place 54 coins on 97%, i got back 56 or something...
THen i placed 56 on 97% and.... FACEPALM!

Today i extracted 35 BTC, but i had a day off and didn't even leave the house.
On an average day i'm happy with 5.( HAHA FU miners!)
I've never been a gambler but i'm kind of hooked to satoshi, it's not really gambling, it's manual mining.
(i keep telling that to myself)

can someone write a bot for me so i can has my life back please?  


Title: Re: How much money have you spent on Bitcoin?
Post by: Aahzman on September 25, 2012, 12:03:34 AM
None yet, but probably gonna drop $300 come payday. Need a few solid BTC to start makin' em work for me.


Title: Re: How much money have you spent on Bitcoin?
Post by: meebs on September 25, 2012, 12:11:16 AM
bout $80 in actual BTC (well once dwolla finishes up the bank transfer...)

$1000 in gpu's.


Title: Re: How much money have you spent on Bitcoin?
Post by: bitbobboom on September 25, 2012, 01:11:01 AM
0 dohnutos, I think I want to create a website and advertise for bitcoins instead, pm if you have any suggestions on how to get started!


Title: Re: How much money have you spent on Bitcoin?
Post by: mufa23 on September 25, 2012, 01:36:42 AM
$700-800 on mining hardware
$100-200 buying BTC (When it was $4 couple months back)

I don't buy anymore. Just mine, and sell. Saving ~15% of what I mine in hopes that it will be worth a small fortune in 10-20 years. Need to sell the other ~85% to pay for bills, food, college.


Title: Re: How much money have you spent on Bitcoin?
Post by: senor_coconut on September 25, 2012, 10:10:24 AM
I´ve invested in about 180 BTC for Mt. Gox trading.
Some 30 BTC on GLBSE mining assets and 10 on pyramining.

Thinking of upping the ante on BTC.


Title: Re: How much money have you spent on Bitcoin?
Post by: IMakeComps on September 25, 2012, 11:36:08 AM
$700 in GPU's and over $6000 in BFL FPGA/ASIC


Title: Re: How much money have you spent on Bitcoin?
Post by: SchmalzTech on September 25, 2012, 07:27:03 PM
Hmm, I have spent about...

· $100 in purchased BTC
· $130 in GPU for mining (Dual purpose for gaming too)
· $163 to BF Labs for a Bitforce SC Jalapeno

Perhaps if I get the Jalapeno I pre-ordered (which seems to have sparked a huge flame war here) I will spend more on ASIC. I'm basically a casual miner for now. I wish I could spend my BTC at Amazon and Newegg directly!


Title: Re: How much money have you spent on Bitcoin?
Post by: waterskeer on September 25, 2012, 07:28:54 PM
Probably around 1-200$.
I am a beginner with the whole bitcoin thing, but it is a great concept.


Title: Re: How much money have you spent on Bitcoin?
Post by: Aahzman on September 25, 2012, 11:46:37 PM
I decided at the beginning to loan myself money for some 5830's to get started, pay them off with mining profits, and bootstrap up from there. Now that mining is no longer profitable (for me) I've sold the cards and bought BTC with the cash. I've probably paid an extra $1500 in utility bills since I started, and now I've got a little under 200BTC plus some items I've bought w/ BTC over the past year.

My strategy going forward is to only spend "found" money on BTC... cash I didn't earn from working my regular job. If I sell off some old equipment, get an unexpected gift or refund, etc.  I'll convert the cash to BTC.

This is a good strategy....although in my case, i'll probably split "found" money between BTC acquisition and debt reduction.


Title: Re: How much money have you spent on Bitcoin?
Post by: helloworld on September 26, 2012, 01:48:47 AM
Wow, I've spent $35,000 on bitcoins so far but I feel like I'm small-fry.


Title: Re: How much money have you spent on Bitcoin?
Post by: Bucky_Rich on September 26, 2012, 01:51:46 AM
over 1000$ ftw


Title: Re: How much money have you spent on Bitcoin?
Post by: UberNeck on September 26, 2012, 03:00:21 AM
I've spent 100 dollars so far, should I continue buying BTC? :)

I initially spent $100 a year or so ago. It's worth $300 now.


Title: Re: How much money have you spent on Bitcoin?
Post by: firstlady0524 on September 26, 2012, 03:54:04 AM
Whoo at least $1,000 so far


Title: Re: How much money have you spent on Bitcoin?
Post by: bitcoinbear on September 26, 2012, 03:59:27 AM
I put $100 in, have taken about $400 out, some as cash and some as Amazon gift credits, which I use to keep my Kindle full.


Title: Re: How much money have you spent on Bitcoin?
Post by: bsdpunk on September 26, 2012, 05:47:22 AM
I spent so much on them, I figured I'd be better off buying hardware. Now I have purchased a butterfly single, and pre ordered a jalpeno. I have a 6950 in one of my compys, and a spartan 6 on the way. sheesh.


Title: Re: How much money have you spent on Bitcoin?
Post by: Aahzman on September 26, 2012, 01:15:51 PM
just pre-ordered a pair of BFL Jalapenos. What's another $312 in credit card debt when I just signed the papers for a $300k mortgage?


Title: Re: How much money have you spent on Bitcoin?
Post by: Miles Bennett Dyson on September 26, 2012, 03:56:53 PM
About € 1500.

But i sold about € 4000.

I don't mine or run ponzi's, which seems to be in fashion here.
I play satoshidice all the time and sell winnings or put them in GLBSE assets.
I play with online wallets on my cellphone when i'm not in reach of a wifi
and when i'm in reach of a wifi i play satoshi with bitcoin Qt, multibit and electrum.
I have a tendency to divide my coins in different wallets, in case something goes wrong with one of them i don't loose everything.  Also because i'm curious in development of user-friendly lite clients.
I must have extracted a few hundred coins over 6 months with a growing average of 100 to 500 bets a day.
I lost 56 on the first day though.  It was my 2nd bet ever! hear me out:
I place 54 coins on 97%, i got back 56 or something...
THen i placed 56 on 97% and.... FACEPALM!

Today i extracted 35 BTC, but i had a day off and didn't even leave the house.
On an average day i'm happy with 5.( HAHA FU miners!)
I've never been a gambler but i'm kind of hooked to satoshi, it's not really gambling, it's manual mining.
(i keep telling that to myself)

can someone write a bot for me so i can has my life back please?  


Are you telling me you doubled your money with Satoshidice? I don't understand how that is possible with that many bets, if you played infinite bets you would have 2% less money than you started with.


Title: Re: How much money have you spent on Bitcoin?
Post by: senor_coconut on September 27, 2012, 10:33:21 AM
Don't call that an investment, IT IS GAMBLING.
Check the definition of Expected Value or EV, as in poker.

regs!


Title: Re: How much money have you spent on Bitcoin?
Post by: sympathetic on September 27, 2012, 10:48:27 AM
Only 150$ for buying and app. 3000$ for mining equipments.


Title: Re: How much money have you spent on Bitcoin?
Post by: almwaysa on September 27, 2012, 03:27:41 PM
Total money spent exclusively for bitcoins: ~$350, 2x BTL jalapenos, but I wont get them til nov/dec I suspect.
other spending:
1x6870 on my fileserver which I bought with old mined bitcoins [Thanks to btcbuy!]
Sold my GTX570 to a friend for $180 and got myself a 7950 for $350. [-$170]
bought another 7950 for $330.
so totally $330 + $170 = $500 on gpus.

Why dont I call them spending? because I use those GPUs for gaming when not mining, so technically not exclusive investment in btc :)


Title: Re: How much money have you spent on Bitcoin?
Post by: insight on September 27, 2012, 03:49:59 PM
Around $3-400


Title: Re: How much money have you spent on Bitcoin?
Post by: wmx.support on September 27, 2012, 08:42:56 PM
I've spent 100 dollars so far, should I continue buying BTC? :)
4

Remember that Bitcoin is an experiment and do not invest what you can't afford to lose.


Title: Re: How much money have you spent on Bitcoin?
Post by: Rothgar on September 27, 2012, 09:27:47 PM
In soviet Russia, bitcoin spends money on you.