What to do with my 600 or so coins?!?

[Surpbitcoin]

Any ideas? I wanted to buy some mining rigs but with the crazy delay in shipping it may be wiser to hold the coins with hope that it rises in value. On the other hand, if the value drops and I buy the rigs now I'd be getting top dollar for my coins.

Oh, and hello everyone, I'm surpbitcoin. I'm not new to the world of bitcoin but I'm new to this forum and I look forward to making some friends here and learning a bunch.

So what should I do, make the pre-order? Cash out my coins and take a trip around the world, hold them as if I was Mr. Burns until I'm old and wrinkled like him???

Ohh its so confusing!


Any advice is welcomed.

Surp 

[Gab1159]

Hoard

[MargaretsDream]

If you buyed the coins, sell part of it to be break even, so you will not feel as bad when the price crashes 

[Surpbitcoin]

If you buyed the coins, sell part of it to be break even, so you will not feel as bad when the price crashes 

lol, it was due to someone's misfortune that I came into these coins. I got them at about 14$ each at the beginning of the year, someone owed me some money and only had bitcoins, he still owes me money but because of the rise in value I'm up big time!

I think I'm going to hold on to them for the next little while, I see them being worth 60k by the end of the year and that's not chump change!

[tkbx]

I'd stash BTC250 or so, and cash the rest to maybe buy a few Bitforce Singles, or some other ASIC miner.

[areebmajeed]

Send few to me.

[bitcoindownfall]

GIVE EM TO ME BTCBTCBTCBTC

[OJsimpson]

Trade them and make moar coins. You can never have too many coins.

[bam91]

Sell 2/3.

[Antti]

Hire people to make "colored coin" idea a working service. (it would change the whole virtual company / asset world of bitcoin)
Google it up and you'll know where to spend 600 btc.

[RodeoX]

If you are optimistic about the future of the bitcoin economy, then what about investing some of it? Be like Ashton Kutcher and invest in BitPay or something.  Or start your own bitcoin related business.
 
 

[mralbi]

changing back to FIAT currency is definetly not what i would recommend. When the debt based monatry system crashes 1 USD equals basically 0 USD, while 1 BTC equals 1 BTC.

I would just buy more from the FIAT you have left

[Lethn]

Why not lend out a portion to help businesses start up or let people loan money and get interest in return? I think that's the best thing to do with any surplus you have because you'll help the Bitcoin economy grow, of course, make sure you store the Bitcoins you don't want being used offline but I'm sure you know that already.

[edd]

You could help the economy by spending some. At the current exchange rate, even just a handful can get you some cool stuff.

There are also plenty of bitcoin startups looking for investors. I know I have plenty of ideas that just need some funding to get them off the ground.

[debianlinux]

Make sure to publicly post that you hold 600 coins.

[nobbynobbynoob]

Make sure to publicly post that you hold 600 coins.

Meh, it's only money.

I've got at least 600 too...

...millibitcoins that is.

[tkbx]

changing back to FIAT currency is definetly not what i would recommend. When the debt based monatry system crashes 1 USD equals basically 0 USD, while 1 BTC equals 1 BTC.

I would just buy more from the FIAT you have left

While it's theoretically got the potential to be much more stable, and remain much more valuable, than USD, it' stil fiat. Anything not directly backed by something like metal, with a set exchange rate (such as "1 BTC = 1 t oz of silver") is fiat. Because of currencies like the USD, "fiat" has a negative connotation (usually for good reason), but a fiat currency (like btc) can be stable and successful.

[Surpbitcoin]

Make sure to publicly post that you hold 600 coins.

Its not that much really, I mean yeah its like 30k USD but in the big picture of things 600 is peanuts!

[Surpbitcoin]

You could help the economy by spending some. At the current exchange rate, even just a handful can get you some cool stuff.

There are also plenty of bitcoin startups looking for investors. I know I have plenty of ideas that just need some funding to get them off the ground.

I actually am planning on buying a new Asus i7 from bitcoinstore! maybe even two in case I need an extra one, there prices are amazing and if there's ever a time to spend some coin its now.

I also have a few bitcoin business in the works but it's gonna be some time before I network with the right people to make it happen. I'm alwasy looking for ways to make monet though so if you have any ideas feel free to send some my way!
 

[Surpbitcoin]

Why not lend out a portion to help businesses start up or let people loan money and get interest in return? I think that's the best thing to do with any surplus you have because you'll help the Bitcoin economy grow, of course, make sure you store the Bitcoins you don't want being used offline but I'm sure you know that already.

Already in the works, and no doubt the coins are kept offline and in a safe place!