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Author Topic: I'm changing my viewpoint of bitcoin  (Read 1353 times)
Rothgar (OP)
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February 20, 2013, 02:23:55 PM
 #1

I bought a little bitcoin way back.  I think there are all these cool ways to spend the bitcoin but I never want to for want of the price going up.  So I'm changing my protocol.  I'm going to buy a certain fiat amount every other week.  Then if something comes up that I want to spend them on, I'll spend them.  I'll still keep my bitcoin as savings, but I'll support the adopters as well. I think this will be a great of mode of operating. 

I'm going to buy and spend for fun  Grin.  However, I'll still hold for profit  Cool.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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mccorvic
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February 20, 2013, 03:11:36 PM
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This is a solid plan.

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February 20, 2013, 03:17:32 PM
 #3

I do the same thing.
If I spend 1BTC, then I buy another immediately. By the time I spend that one the value has often increased and I keep the profit. I think that is the way to spend your coins with maximum benefit. 

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inge
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February 20, 2013, 06:28:12 PM
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A man on a mission:+)

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Vernon715
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February 22, 2013, 01:43:38 AM
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That sounds like a good way to make profit and support bitcoin.

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February 23, 2013, 12:00:48 AM
 #6

That's the best thing to do, especially at the current prices.
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