How many people never plan to repatriate BTC to FIAT

[nebulus]

I'm one.

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[MashRinx]

I may, but only to pay off debt.

Me too.  Still accumulating though

[Wilikon]

I have very little amount of coins. I plan to get more, and more. for me it is an investment into the technology and the concept, not a way to make money quick and get back out. Unlike some, I don't believe those who do exactly that are evil. They contribute to give bitcoin value, even if it crashes after they pull out fast.

[DrKennethNoisewater]

If the market centers were more robust it would be nice, having to overcome lag from Japan
and MtGox is simply ridiculous.

[tclo]

I too am a true believer; However, it's not fun watching the 75% haircut.

Yes I don't see why it is bad to sell all your BTC and 2 days later buy it back, but back 4x as much with the same amount of fiat.  That means you have quadrupled your BTC wealth in 48 hours.  It is just unfathomable to me why so many people are against doing this.  Oh well to each his own and have fun.

[antimattercrusader]

Just wondering how many people plan on never returning BTC or Other Cryptos back to GOV FIAT, that is they plan to wait for broad based adoption of BTC et.al so you can buy goods services, houses, bread...etc

This sort of view is a mind set I guess, but it makes the whole USD/BTC drama irrelevant to a large extent

+1 When at all possible.

[AlexNeto]

I will exchange for gold. 1 btc = 1 troy ounce of gold. Not cheaper. )

[Stephen Gornick]

I will exchange for gold. 1 btc = 1 troy ounce of gold. Not cheaper. )

It wasn't that long ago that such a day arriving seemed so far off.  With gold dropping the chances of Bitcoin hitting that in the next year or two (or less even) would not be surprising.

[Gordonium]

I am here to stay too. 

[R2D221]

I have just started, but yes, my plan is to start using Bitcoin as much as possible instead of fiat currency. However, I have yet to find what to buy with Bitcoin here in Mexico.

[dorift_it]

keeping it all in bitcoins myself except if i need to buy stuff

[gollum]

Its actually good to buy and sell against fiat in order to create a more fair and less volatile market price for BTC/USD.

[nobbynobbynoob]

I too am a true believer; However, it's not fun watching the 75% haircut.

Yes I don't see why it is bad to sell all your BTC and 2 days later buy it back, but back 4x as much with the same amount of fiat.  That means you have quadrupled your BTC wealth in 48 hours.  It is just unfathomable to me why so many people are against doing this.  Oh well to each his own and have fun.

Selling it all would induce serious subsequent self-kicking if the price never dropped from that point! As for adjusting one's position (never selling all BTC for the reason already given), selling to bet the price will fall, there's nothing wrong with that at all but it is a gamble. Most of my BTC is in cold storage so will not make it onto any of the (dodgy) exchanges, but I have turned a small profit from speculating the LTC/BTC cross on BTC-e.

[MashRinx]

I have just started, but yes, my plan is to start using Bitcoin as much as possible instead of fiat currency. However, I have yet to find what to buy with Bitcoin here in Mexico.

I have always thought that one market that could potentially be HUGE for Bitcoin would be for transfer of of monies earned in the US back to countries like Mexico, India and others.  I have no idea the volume, but I would imagine that it's not small, and Bitcoin would allow the company to charge much smaller fees that their existing competition (most of them would be in changing from the currency to BTC and back again, not the actual transfer) and still do just fine for themselves while providing a valuable service.  

[RationalSpeculator]

Its actually good to buy and sell against fiat in order to create a more fair and less volatile market price for BTC/USD.

Indeed, the only thing that will reduce volatility for real is selling when it goes hyperbolic, and buying when it's getting depressed.

This way you also reduce volatilty in your personal wealth, while on average not losing any coins.

[Elwar]

I get paid in fiat. So if I have monthly expenses those are taken care of with FRNs if I cannot pay with bitcoins.


Other than that, I convert all the rest to bitcoins.

I reserved 1 bitcoin to pay off my mortgage. Though I would rather just pay a mortgage company in bitcoins.

[justusranvier]

I too am a true believer; However, it's not fun watching the 75% haircut.

Sometimes I start to feel bad about it, until I remind myself just how far ahead I am even after a 75% haircut.

[Manstef]

I hope I will never sell BTC for FIAT. I'm in for the long run. BTC is one of my source of hope for a better future, if it fails I'll feel much happier being part of that failure than being part of a FIAT success.

Hear hear

[Bitcoinpro]

+1

[AlgoSwan]

Just remove all fiat money from BTC exchanges. That's the only way to stop all kind of manipulation. I won't accept any fiat money for my BTC. Never!