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Author Topic: if you rewarded 1btc  (Read 66650 times)
mynameisdon
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March 04, 2016, 09:19:43 AM
 #1

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.

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ETFbitcoin
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March 04, 2016, 09:30:41 AM
 #2

I want to invest it in cloud mining or similar, but most investment are scam/unprofitable these days.
So, i just hold my bitcoin and use it to spend goods/digital goods.

rally
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March 04, 2016, 09:31:40 AM
 #3

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.

For me option 2.
I should certainly wait until bitcoin price increasing.


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March 04, 2016, 09:34:35 AM
 #4

Most likely trade it to try and make more BTC. I enjoy trading! Well I enjoy winning when I make a good trade the other part sucks.

Next BillGates
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March 04, 2016, 09:36:16 AM
 #5

i would like to convert and withdrawl my whole bitcoin as fast as possible and will wait for a price drop but currently i see the bitcoin price is low so users can hold it for long time investment that will give a good profit for that user

SFR10
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March 04, 2016, 09:37:05 AM
 #6

I will go with option 1 and option 2. Half of it will be converted to fiat and other half will be kept on my wallet with the hope of getting good amount of profit in terms of it's value at the time of receiving and at the time it increases in value but since initially all the cost would be free since someone rewarded it, then it will most likely to stay on my wallet, regardless of it's value to go up or down (more like a back up option instead).

ImnotOctopus
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March 04, 2016, 09:40:46 AM
 #7

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.
I will pick Option 2 3 and 4.
Im sure ill find a way more to make profit from it.

Why do you ask?
Will you giveaway BTC1 here? JK Wink
Cuidler
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March 04, 2016, 09:51:33 AM
 #8

Because im not pro trader I would be most likely loosing the 1 Bitcoin so this is not option for me, the cloud mining is not profitable as far as I know. So Im left with spending/selling if I really need it or wait until I need it. I think it is wise to keep Bitcoins until you need it because it is more likely the Bitcoin price increases.

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TipZ
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March 04, 2016, 10:24:24 AM
 #9


I'll probably go for me option 2 waiting for July and the halving process to see how the price react...

Or maybe n°1 as I have some bill to pay and unfortunately you can't pay them in btc (yet...)
kdhilip7575
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March 04, 2016, 10:28:18 AM
 #10

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.

I will try with trading in btc and alt coin with 50% and balance i will keep for my expenses  , if i get profit from trading i will cashout my initial btc and then keep trading with profit btc.
poptok1
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March 04, 2016, 10:35:12 AM
 #11

I would save a part of that 1BTC for future use.
Lets say 50% would be stored for the future.
Rest of it would be spend on some stupid but funn stuff.
Video games, maybe some electronic gadgets or toys.
If i could find a good deal on used computers/laptops, without a doubt
i would use that money.
Seen some legit charity couple weeks ago so i would support them.
And last is giveaway for this forum users.

pocarime32
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March 04, 2016, 10:44:03 AM
 #12

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.

If i rewarded 1 bitcoin i will convert it to fiat currency on the spot. Because i need money right now to pay my college. and i have 2 weeks left for it.
xuan87
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March 04, 2016, 10:44:25 AM
 #13

I will use half of it for investment or maybe trading and half of it for fun,

and fun means gambling and buy the things that I like
jethrorn99
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March 04, 2016, 10:46:23 AM
 #14

I'll hold that bitcoin until a price raise.

Or, if im going inpatient, i'll use it for investment

unamis76
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March 04, 2016, 11:05:15 AM
 #15

I'd most likely save most (80%) and spend the rest shopping for tech Smiley


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jjoorriissjjuuhh
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March 04, 2016, 11:10:23 AM
 #16

Invest it ofcourse. All other options are pretty bad.
Duomo
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March 04, 2016, 11:12:28 AM
 #17

With 1 bitcoin, I would hold onto it and see where the price of it goes in the future. I know for a fact that price will be much much higher in the future. I really don't like spending my bitcoins unless I get a great deal with the purchase of something in bitcoin.
ImnotOctopus
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March 04, 2016, 11:22:00 AM
 #18

Invest it ofcourse. All other options are pretty bad.
Invest all your 1 BTC? i think thats a bad idea cloudmining isnt profitable in short tearm and almost all investment sites are scam PONZI. not a good idea
uname
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March 04, 2016, 11:22:40 AM
 #19

if you rewarded 1btc for any reason.what will you do with it.
1)convert it to fiat currency on the spot

2)wait for bitcoin price increasing.

3)use it for trading

4)cloud mining or other btc investment.
give your opinion.
I think above all a good choice. except no.1 convert it to a fiat currency on the spot. better utilize 1 BTC, for other purposes that can profit. it could be a venture capital

BitHodler
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March 04, 2016, 11:28:13 AM
 #20

None of the options you listed. I will drive to Duisburg and have some nice hours there if you understand what I mean. Wink

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