nebulus
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April 16, 2013, 06:47:50 PM |
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I'm one.
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MashRinx
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April 16, 2013, 06:58:42 PM |
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I may, but only to pay off debt.
Me too. Still accumulating though
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Wilikon
Legendary
Offline
Activity: 1176
Merit: 1001
minds.com/Wilikon
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April 16, 2013, 07:12:28 PM |
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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.
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DrKennethNoisewater
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April 16, 2013, 07:30:44 PM |
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If the market centers were more robust it would be nice, having to overcome lag from Japan and MtGox is simply ridiculous.
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tclo
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April 16, 2013, 07:48:31 PM |
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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.
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antimattercrusader
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April 16, 2013, 10:20:39 PM |
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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.
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BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
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AlexNeto
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April 16, 2013, 10:23:12 PM |
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I will exchange for gold. 1 btc = 1 troy ounce of gold. Not cheaper. )
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Stephen Gornick
Legendary
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Activity: 2506
Merit: 1010
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April 16, 2013, 11:38:17 PM |
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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.
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Gordonium
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April 17, 2013, 12:23:13 AM |
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I am here to stay too.
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R2D221
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April 17, 2013, 12:49:23 AM |
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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.
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An economy based on endless growth is unsustainable.
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dorift_it
Newbie
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Activity: 35
Merit: 0
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April 17, 2013, 01:03:05 AM |
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keeping it all in bitcoins myself except if i need to buy stuff
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gollum
Sr. Member
Offline
Activity: 434
Merit: 250
In Hashrate We Trust!
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April 17, 2013, 01:12:48 AM |
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Its actually good to buy and sell against fiat in order to create a more fair and less volatile market price for BTC/USD.
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nobbynobbynoob
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April 17, 2013, 01:24:48 AM |
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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.
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MashRinx
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April 17, 2013, 01:27:00 AM |
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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.
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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April 17, 2013, 01:32:05 AM |
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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.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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April 17, 2013, 01:47:53 AM |
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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.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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justusranvier
Legendary
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Activity: 1400
Merit: 1009
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April 17, 2013, 02:09:40 AM |
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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.
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Manstef
Newbie
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Activity: 43
Merit: 0
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April 22, 2013, 09:02:10 AM |
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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
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Bitcoinpro
Legendary
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Activity: 1344
Merit: 1000
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April 22, 2013, 09:13:40 AM |
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+1
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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AlgoSwan
Sr. Member
Offline
Activity: 308
Merit: 250
ancap
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April 22, 2013, 10:33:53 AM |
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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!
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Looking to buy a verified betfair account with escrow.
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