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Author Topic: If Bitcoin goes up, they're worth more dollars..  (Read 1716 times)
Sweex (OP)
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January 21, 2016, 06:49:34 PM
 #1

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
NorrisK
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January 21, 2016, 07:25:05 PM
 #2

That is one way of looking at it Tongue

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.
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January 21, 2016, 11:17:53 PM
 #3

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool

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.
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January 21, 2016, 11:25:20 PM
 #4

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

You don't pay enough.
The Sceptical Chymist
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January 21, 2016, 11:45:44 PM
 #5

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

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.

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January 22, 2016, 03:15:55 AM
 #6

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

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January 22, 2016, 03:50:39 AM
 #7

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

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January 27, 2016, 07:23:59 PM
 #8

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
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.
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January 27, 2016, 07:31:41 PM
 #9

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.

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January 27, 2016, 08:07:39 PM
 #10

If Bitcoin goes down my dollars are worth more Bitcoins.

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

Bitcoin win.

interbtc
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January 27, 2016, 10:26:32 PM
 #11

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
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.

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 Smiley
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January 27, 2016, 10:29:59 PM
 #12

Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
Nope, I have bought objects for bitcoin without agreeing a fiat price. Bitcoin is just another currency, albeit a volatile one.

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January 28, 2016, 03:48:49 PM
 #13

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool

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.

Blind Legs Parker
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January 28, 2016, 04:18:50 PM
 #14

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

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
LuckyYOU
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January 28, 2016, 05:28:46 PM
 #15

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

Sweex (OP)
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January 28, 2016, 06:22:38 PM
 #16

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.
praprata
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January 29, 2016, 09:03:48 AM
 #17

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.


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January 29, 2016, 09:27:17 AM
 #18

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
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. Wink

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January 29, 2016, 10:04:10 AM
 #19

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

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.
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January 29, 2016, 10:49:30 AM
 #20

If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
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. Wink

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.

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