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Economy => Speculation => Topic started by: dutchdude on December 19, 2014, 04:54:13 PM



Title: What would you do with 35 bitcoins?
Post by: dutchdude on December 19, 2014, 04:54:13 PM
would you sell it or wait and hope the price goes up just like last year?   ???


Title: Re: What would you do with 35 bitcoins?
Post by: Flashman on December 19, 2014, 04:55:57 PM
If you're going to worry about the price going up, panic hodl, if you're going to worry about the price going down, panic sell.


Title: Re: What would you do with 35 bitcoins?
Post by: Gianluca95 on December 19, 2014, 05:05:56 PM
HODL for some better time because actually is too much soon for sell, price is so low or buy a bot and do trading with your bitcoin in way to increase it :)


Title: Re: What would you do with 35 bitcoins?
Post by: LiteCoinGuy on December 19, 2014, 05:08:16 PM
put them in a hardware wallet and wait  ;)

https://bitcointalk.org/index.php?topic=899253.0


Title: Re: What would you do with 35 bitcoins?
Post by: 548845 on December 19, 2014, 05:09:36 PM
If you're going to worry about the price going up, panic hodl, if you're going to worry about the price going down, panic sell.

If you are uncertain (which is the case) sell half keep the other half.

But that wouldn't sound nice..... 17.5BTC

SOOOOOOOOO,

Send 5 BTC to me, sell 15 BTC and keep 15BTC.

15BTC sounds nicer than 17.5BTC (sure it's more but it doesn't sound nice).

LOL

 ;D ;D ;D ;D ;D ;D ;D ;D ;D

In all do seriousness,
we do people need advice on what to do with their money?


Title: Re: What would you do with 35 bitcoins?
Post by: franky1 on December 19, 2014, 05:10:25 PM
hold atleast 30

and then play with atmost 5 to try increasing your hoard.

use that upto 5 coins to either:

1. buy products at wholesale (research drop shipping) and then sell for profits based in bitcoin
2. start your own business and pay someone to make a great service/website/project that can gain you regular bitcoin income from
3. get a bitcoin ATM and let people hand you bank notes for the upto 5btc (+small markup value) and then use the bank notes to buy more coin, rinse and repeat
4. play the exchange markets(only if you are experienced in forex/stocks/shares)



Title: Re: What would you do with 35 bitcoins?
Post by: Anthony1985 on December 19, 2014, 05:11:32 PM
Invest it.

I invested 60 on ltcgear and I can say that I'm doing well so far


Title: Re: What would you do with 35 bitcoins?
Post by: redsn0w on December 19, 2014, 05:14:18 PM
put them in a hardware wallet and wait  ;)

https://bitcointalk.org/index.php?topic=899253.0

Yes , I think the same. Put them in an hardware wallet , or in a various paper wallets.  This is not the time to sell  , it is the time to "HOLD" them.


Title: Re: What would you do with 35 bitcoins?
Post by: Zombier0 on December 19, 2014, 05:21:32 PM
I wojsk buy some alts


Title: Re: What would you do with 35 bitcoins?
Post by: xmasdobo on December 19, 2014, 05:22:00 PM
Hold for 10 years and retire.


Title: Re: What would you do with 35 bitcoins?
Post by: ChuckBuck on December 19, 2014, 05:22:51 PM
Put 30 BTC in a Trezor first to protect and secure it:

http://www.ryz.cz/works/graphics/trezor.jpg

The other 5 BTC spend it on either day trading to accumulate more BTC, hookers and blow, or a nice Christmas present to your significant other.

Question answered.   8)


Title: Re: What would you do with 35 bitcoins?
Post by: v0yager on December 19, 2014, 05:26:44 PM
35coins is equivalent to 10,000 dollars ,Neither more nor less,that wouldn't change my life now,maybe keep it to cold.


Title: Re: What would you do with 35 bitcoins?
Post by: MicroGuy on December 19, 2014, 05:29:26 PM
http://daylol.com/nw/wp-content/uploads/2013/10/censored-wrestling-funny.jpg

would you sell it or wait and hope the price goes up just like last year?   ???

The last time I answered a questions like this I got banned from the forum for several days.  :(


Title: Re: What would you do with 35 bitcoins?
Post by: DannyHamilton on December 19, 2014, 05:57:22 PM
Sell all of it on localbitcoins for BitStamp +10%.

Then use all that cash to buy back 40.5263 BTC on localbitcoins at BitStamp -5%

Then sell all of that bitcoin on localbitcoins for BitStamp +10%

Then use all that cash to buy back 46.924 BTC on localbitcoins at BitStamp -5%

lather, rinse, repeat.


Title: Re: What would you do with 35 bitcoins?
Post by: Dalyb on December 19, 2014, 05:59:30 PM
35 btc is +/- 10000$... this can be nice christmas present  ;D


Title: Re: What would you do with 35 bitcoins?
Post by: Flashman on December 19, 2014, 06:09:27 PM
35 btc is +/- 10000$... this can be nice christmas present  ;D

Indeed, I'll take a '04 up Volvo XC70 or a '08 up Grand Caravan/Town and Country or a '08 to '12 Ford Escape Hybrid or an RX400h, or whatever else is roomy and not terrible on gas or snow.


Title: Re: What would you do with 35 bitcoins?
Post by: ikydesu on December 19, 2014, 06:11:44 PM
would you sell it or wait and hope the price goes up just like last year?   ???

Spend half
Hold half
:)


Title: Re: What would you do with 35 bitcoins?
Post by: spazzdla on December 19, 2014, 06:13:42 PM
Probably do some lending on BTCJAM.  I really like that site.

A tip, never lend below a C rating.


Title: Re: What would you do with 35 bitcoins?
Post by: 50ouncebrew on December 19, 2014, 06:14:57 PM
i would maybe try to sell some or spend some and save the rest


Title: Re: What would you do with 35 bitcoins?
Post by: spazzdla on December 19, 2014, 06:20:56 PM
I could buy that many BTC right now..... <.<  >.>

It's not that much money really.

I'm probably 75% fiat, 25% PM's and Crypto.  I love silver and gold..  GOOOOOOOOOOOOOOOOOOOOOOOLD.

Just hold it IMO. 


Title: Re: What would you do with 35 bitcoins?
Post by: princesocapuyo on December 19, 2014, 06:58:47 PM
I would hold onto them until I see something worth investing in.
I wouldn't invest even 1 BTC on something like altcoins, so...
Danny's idea is kinda good though, haven't tried anything like that yet.


Title: Re: What would you do with 35 bitcoins?
Post by: BiTJack on December 19, 2014, 07:06:19 PM
Holding sounds better than anything at this price. I should have spent some but meh  :'(


Title: Re: What would you do with 35 bitcoins?
Post by: Ricke on December 19, 2014, 07:10:04 PM
Danny's idea is kinda good though, haven't tried anything like that yet.
Yes, sounds cool but don't forget the taxes & regulations. If you live in the wrong place, you might be forced the acquire very expensive licenses as soon as you exceed certain volumes.


Title: Re: What would you do with 35 bitcoins?
Post by: Chef Ramsay on December 19, 2014, 07:20:50 PM
Unless you need cash right now for staying afloat, I'd say just hold and stack.


Title: Re: What would you do with 35 bitcoins?
Post by: dutchdude on December 19, 2014, 08:49:26 PM
Thank you very much for the replies and advices guys! :)

Cheers


Title: Re: What would you do with 35 bitcoins?
Post by: Aemon on December 19, 2014, 08:51:13 PM
I'd probably pay off some loans with half of them.  Or at the very least get my loans lower, save some, maybe try investing some.

It'd be nice to have that much though!


Title: Re: What would you do with 35 bitcoins?
Post by: 1Referee on December 19, 2014, 09:01:31 PM
I would just hold the coins. Keep it in an offline wallet for some years.

If price is high enough, sell some and keep the rest in your wallet.



Title: Re: What would you do with 35 bitcoins?
Post by: mlferro on December 19, 2014, 10:52:24 PM
surely spend half
1/4 would keep under lock and key (for emergencies)
1/4 would use to achieve more with investments in altcoins or in safe bets


Title: Re: What would you do with 35 bitcoins?
Post by: magicmexican on December 19, 2014, 11:54:09 PM
Would gamble it in +ev games, easy decision.


Title: Re: What would you do with 35 bitcoins?
Post by: romerun on December 20, 2014, 03:15:06 PM
invest in the 3rd mistress


Title: Re: What would you do with 35 bitcoins?
Post by: crazy-pilot on December 20, 2014, 03:24:17 PM
Hold onto it like I do now.


Title: Re: What would you do with 35 bitcoins?
Post by: rikkie on December 20, 2014, 03:37:39 PM
I should sell every month 1 bitcoin and buy me some nice things.


Title: Re: What would you do with 35 bitcoins?
Post by: Wilhelm on December 20, 2014, 03:56:33 PM
I know what I would do. HODL!!  8)


Title: Re: What would you do with 35 bitcoins?
Post by: Mellnik on December 20, 2014, 08:22:59 PM
Please sell them out of your weak hands so I can buy more.


Title: Re: What would you do with 35 bitcoins?
Post by: Biodom on December 20, 2014, 08:45:48 PM
Probably do some lending on BTCJAM.  I really like that site.

A tip, never lend below a C rating.

I assume that one wants payouts to be in bitcoin. What kind of %% are feasible?
Another possibility-liquidity provider on bitfinex. Anybody knows how much that pays (in %). I would only play if I provide bitcoin and will be paid in bitcoin.


Title: Re: What would you do with 35 bitcoins?
Post by: Bernard Lerring on December 20, 2014, 09:32:50 PM
I would generate 35 paper wallets with the private key BIP38 password encrypted. Making sure it's a very familiar/simple password that I will never forget. The password would be known only by myself and a loved one: long term girlfriend/mother/father/sister etc and would be personal to both of us. Maybe the name of a street we grew up in together.

This will protect against thieves using my paper wallet if I got burgled and also if I got dementia or hit on the head and lost my memory.

Print two copies of each wallet and keep one in my home and one at the loved ones home in case of fire/theft.

Send 1 BTC to every wallet.

Sit back and forget about Bitcoin for ten years. Or just enjoy reading the forums and the interesting technology and culture building up around Bitcoin.

35 well secured BTC should give you a very comfortable life in 10 years time.


Title: Re: What would you do with 35 bitcoins?
Post by: JimboToronto on December 20, 2014, 09:41:39 PM
What would I do with 35 bitcoins?

Buy more.


Title: Re: What would you do with 35 bitcoins?
Post by: CoinFriend on December 21, 2014, 12:12:33 AM
send me a nice xmas gift:

1B8MVcTscX7SyfzreJG5cqbnwtLupN8KA7

What? You would send yourself a nice xmas gift?  8)


Title: Re: What would you do with 35 bitcoins?
Post by: minerpumpkin on December 21, 2014, 12:37:25 AM
At the moment? Definitely put them in a cold wallet and wait for the price to recover or even reach a new ATH! I'm still completely optimistic in the long term success, so having 35 BTC in a nice paper wallet or a Trezor would be a very much appreciated thing!


Title: Re: What would you do with 35 bitcoins?
Post by: catena5260 on December 21, 2014, 12:45:38 AM
would try some trading.

Or maybe some investing too.

But never simply holding or selling and leave btc behind


Title: Re: What would you do with 35 bitcoins?
Post by: Bernard Lerring on December 21, 2014, 12:46:25 AM
Personally, I'm a believer in paper wallets over gadgets like the Trezor. I must admit I don't know much about how it works. Does it have a recovery seed or backup function?

At least a paper wallet that is well password protected, well stored and duplicated at least once won't break and if it does (fire, etc.) just use the duplicate.

Inspect the paper wallet every couple of years and if the print seems to be fading (laser printers are supposed to be superior to ink-jets) then simply generate new paper wallets and transfer your BTC to the new ones.


Title: Re: What would you do with 35 bitcoins?
Post by: minerpumpkin on December 21, 2014, 02:07:21 AM
would try some trading.

Or maybe some investing too.

But never simply holding or selling and leave btc behind

Well, are you an experienced trader or investor? Many people who try to darted - or even just trade the "big" waves - end up with less than they initially started with. When it comes to investing, where would you invest? The BTC stocks have also seen better times, yet I hope for some to make a comeback. I think AMHash is giving you a nice positive ROI as of now, compared to other cloud mining services!


Title: Re: What would you do with 35 bitcoins?
Post by: Martijnvdc on December 21, 2014, 11:15:44 AM
I would put 30 BTC in a paper wallet and use the remaining 5 BTC to daytrade in 2015. I would keep a close eye on any news concerning bitcoin, and watch out for new major companies accepting the currency. When a few more big companies join the boat, it could easily spark new interest, driving the price up.


Title: Re: What would you do with 35 bitcoins?
Post by: Elwar on December 21, 2014, 11:44:45 AM
Make sure you keep 21 in a cold storage you can store for decades. That way you will always have 1 millionth of all bitcoins that will ever be created.

Work on getting the rest of your coins up to 210. Then set those aside so that you have 1/100,000th of all bitcoins ever.

Then go for 2,100.


Title: Re: What would you do with 35 bitcoins?
Post by: bornil267645 on December 21, 2014, 11:57:43 AM
Considering the price remains the same, invest it with caution.


Title: Re: What would you do with 35 bitcoins?
Post by: Notanon on December 21, 2014, 12:00:43 PM
Save some (approx 30BTC), use the remainder to purchase a few goodies like a Native Instruments Maschine and a couple of Traktor F1 controllers.


Title: Re: What would you do with 35 bitcoins?
Post by: CoinFriend on December 21, 2014, 12:59:48 PM
Hey, with your 35 BTC you can purchase options on the future direction of bitcoin. I would do it! Click at the Link in my Signature, for more Information.

If i would have those 35 BTC, i would also invest in something new.
CRYPTOPIA maybe...
In my Opinion it has really Potential to grow, due to the special kind of Service they provide. You all should risk a look!
https://www.cryptopia.co.nz (https://www.cryptopia.co.nz)


Title: Re: What would you do with 35 bitcoins?
Post by: jjacob on December 22, 2014, 03:22:37 PM
I would put 21 BTC in cold storage and take them out in 10 years time.
With the rest, I would try day trading.


Title: Re: What would you do with 35 bitcoins?
Post by: Puppet on December 23, 2014, 05:02:27 PM
What would you do with a kilobar of gold?

Probably you would either store it securely if you expect its value to increase, or you  would sell it if you dont.
But what you wouldnt do is 'invest' your gold on some anonymous website that promises to make you more gold over time.

Try thinking of your BTC stash in the same way.


Title: Re: What would you do with 35 bitcoins?
Post by: Flashman on December 23, 2014, 08:21:45 PM
What would you do with a kilobar of gold?

Powder coat it blue and use it as a doorstop.

"Oh that? I had it 3D printed, it's filled with lead shot"


Title: Re: What would you do with 35 bitcoins?
Post by: faince222 on December 23, 2014, 11:22:27 PM
With 35 bitcoin only thing that I can do is to HODL for better times, because actually it only worth around 9.000$ dollars. Actually with 35 BTC I can not buy neither a car (but I can realize many of my dream).


Title: Re: What would you do with 35 bitcoins?
Post by: catena5260 on December 24, 2014, 12:57:43 AM
With 35 bitcoin only thing that I can do is to HODL for better times, because actually it only worth around 9.000$ dollars. Actually with 35 BTC I can not buy neither a car (but I can realize many of my dream).

In USA you can buy a car with 9k, and not a bad one.

and 9k dollars might be a life saver if things go the wrong way.


But use it as reserve is a good idea, because I doubt prices are going lower


Title: Re: What would you do with 35 bitcoins?
Post by: sandykho47 on December 24, 2014, 05:39:54 AM
Sell 10 BTC for new PC & video games
And hold 25 BTC

That's all


Title: Re: What would you do with 35 bitcoins?
Post by: Dalyb on December 24, 2014, 03:46:20 PM
You will buy pc for 3200$?


Title: Re: What would you do with 35 bitcoins?
Post by: Bernard Lerring on December 24, 2014, 03:56:35 PM
That's what I was thinking. Not even a top end gaming rig would cost that much. Save some BTC dude.


Title: Re: What would you do with 35 bitcoins?
Post by: CoinFriend on December 28, 2014, 12:16:14 AM
would you sell it or wait and hope the price goes up just like last year?   ???

i would not recommend to sell BTC at this time (except for active trading).
the next halving of the block rewards will make the price go up again...


Title: Re: What would you do with 35 bitcoins?
Post by: cbeast on December 28, 2014, 01:41:30 PM
I would start trading them and before you know it I would have 30 BTC.


Title: Re: What would you do with 35 bitcoins?
Post by: anneke on December 28, 2014, 01:44:37 PM
I should keep most of them. Maybe i should only sell about 5 of them to buy me something nice.


Title: Re: What would you do with 35 bitcoins?
Post by: jertsy on December 28, 2014, 01:53:24 PM
I would start trading them and before you know it I would have 30 BTC.

That would be due to bitcoin traders using credit default swaps, naked short sells, derivatives, and currency manipulation.

I like bitcoin because in the age of credit default swaps, naked short sells, derivatives, and currency manipulation, there is a community that thrusts a finger at the banksters and is trying to bring sanity back to commerce.



Title: Re: What would you do with 35 bitcoins?
Post by: cbeast on December 28, 2014, 01:59:29 PM
I would start trading them and before you know it I would have 30 BTC.

That would be due to bitcoin traders using credit default swaps, naked short sells, derivatives, and currency manipulation.

I like bitcoin because in the age of credit default swaps, naked short sells, derivatives, and currency manipulation, there is a community that thrusts a finger at the banksters and is trying to bring sanity back to commerce.

That conversation had to do with Bitcoin as money.

I 50% agree with the OP. I think MtGox and other exchanges are fooling themselves to think that a few kids with PCs can compete with the big boys. There should be no day trading except through licensed brokers. In fact, the Bitcoin prices should only be reported by the brokers as well. Let them deal with the brunt of the public interface. Having a website that is open to the public is just a painted target for DDOS attackers. It would be better to have many brokers open to the public and a few exchanges only open to brokers.
This conversation had to do with trading.


Title: Re: What would you do with 35 bitcoins?
Post by: Gimmelfarb on December 28, 2014, 11:09:16 PM
this isn't the greatest time to sell. but i suspect we will still go on to test the $260ish level. maybe try to get out on a rally back to $330-350, then pick them back up at $260....or $200.... or lower.


Title: Re: What would you do with 35 bitcoins?
Post by: Mobius on December 29, 2014, 05:05:27 AM
A lot of alts are suppressed right now. I would get a position in 1-3 promising alts.


Title: Re: What would you do with 35 bitcoins?
Post by: menlatin on December 29, 2014, 07:14:32 PM
Pay some programmers to make my ideas into reality and get stupid rich spreading altcoins to the far reaches of the earth.


Title: Re: What would you do with 35 bitcoins?
Post by: BRE on December 29, 2014, 07:23:14 PM
would you sell it or wait and hope the price goes up just like last year?   ???

1.HODL
2.Trading = sell all now and set buying $ 270
3.Make a gambling site ( big risk )
4.Or exchange all and use that for celebrate this New Year  ;D


Title: Re: What would you do with 35 bitcoins?
Post by: picolo on December 29, 2014, 07:26:51 PM
would you sell it or wait and hope the price goes up just like last year?   ???

Invest 20% of it or 7BTC in some trusted dice casino bankroll and cloud mining.


Title: Re: What would you do with 35 bitcoins?
Post by: carlosiness on December 29, 2014, 07:46:00 PM
just keep them for the future


Title: Re: What would you do with 35 bitcoins?
Post by: magicmexican on December 29, 2014, 08:13:10 PM
convert 15% to some alts
hodl 25%
invest 60%


Title: Re: What would you do with 35 bitcoins?
Post by: Aemon on December 29, 2014, 08:17:12 PM
just keep them for the future

Then you could tell your grand kids that you had 35 bitcoins that was once worth 10000 dollars.  Now they are worth 10,000 doll hairs


Title: Re: What would you do with 35 bitcoins?
Post by: picolo on December 29, 2014, 08:51:41 PM
convert 15% to some alts
hodl 25%
invest 60%

5% in altcoins
80% hold
10% cloud mining
5% dice site bankroll


Title: Re: What would you do with 35 bitcoins?
Post by: Dalyb on January 01, 2015, 06:49:46 PM
convert 15% to some alts
hodl 25%
invest 60%

5% in altcoins
80% hold
10% cloud mining
5% dice site bankroll

cloud mining? :D hahahaha


Title: Re: What would you do with 35 bitcoins?
Post by: Amph on January 01, 2015, 08:28:04 PM
holding, 35 btc at current value are a tiny amount, at 1k they were a better treasure


Title: Re: What would you do with 35 bitcoins?
Post by: Dafar on January 01, 2015, 08:36:53 PM
I have about that much BTC left as well... I'm holding. Right now the value is crap, but if we have another huge rally then I'd be a happy man


A lot of alts are suppressed right now. I would get a position in 1-3 promising alts.


Which atls?

I lost 10btc from alt coins so I hate them all


Invest it.

I invested 60 on ltcgear and I can say that I'm doing well so far

How would you go about investing it? Are there btc investment sites?


Title: Re: What would you do with 35 bitcoins?
Post by: picolo on January 01, 2015, 09:32:02 PM
I have about that much BTC left as well... I'm holding. Right now the value is crap, but if we have another huge rally then I'd be a happy man


A lot of alts are suppressed right now. I would get a position in 1-3 promising alts.


Which atls?

I lost 10btc from alt coins so I hate them all


Invest it.

I invested 60 on ltcgear and I can say that I'm doing well so far

How would you go about investing it? Are there btc investment sites?

just-dice in CLAM; dice sites bankroll; bitfinex