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From Above (OP)
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July 25, 2016, 09:24:55 PM |
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Ok imagine this:
U get $50 for free in Monero
But u can not exchange it. U must spend the Moneros.
What can and what would u use it for?
Where wouldcha spend it ?
~CfA~
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Lutpin
Copper Member
Legendary
 Offline
Activity: 1876
Merit: 1874
Goodbye, Z.
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July 25, 2016, 09:26:06 PM |
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needmoney90
Member
Offline
Activity: 114
Merit: 10
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July 25, 2016, 09:28:24 PM |
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If we're talking about spending the Monero as-is, I would buy a cryptostorm VPN subscription for a year. I've been meaning to get a VPN for a while, I just haven't gotten around to it. Otherwise, I would just use http://xmr.to to buy $50 of something anywhere BTC is accepted, and that's a lot of places.. |
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DonYo
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July 25, 2016, 09:32:05 PM |
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I came to say something about xmr.to but I must leave now  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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July 25, 2016, 09:39:05 PM |
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Or one can simply wait for a while before spending the XMR. Consider someone gave you 50 USD worth of Bitcoin say in January 2011, Waiting for a while before spending the Bitcoin would have made a lot of sense.
I did not see a time limit in the OP's post by when the Monero had to be spent.
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From Above (OP)
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July 25, 2016, 09:46:16 PM |
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Or one can simply wait for a while before spending the XMR. Consider someone gave you 50 USD worth of Bitcoin say in January 2011, Waiting for a while before spending the Bitcoin would have made a lot of sense.
I did not see a time limit in the OP's post by when the Monero had to be spent.
Thats right! There aint no time limit. But its important to specify where u would spend it ~CfA~ |
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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July 25, 2016, 09:56:30 PM |
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Or one can simply wait for a while before spending the XMR. Consider someone gave you 50 USD worth of Bitcoin say in January 2011, Waiting for a while before spending the Bitcoin would have made a lot of sense.
I did not see a time limit in the OP's post by when the Monero had to be spent.
Thats right! There aint no time limit. But its important to specify where u would spend it ~CfA~ Most likely an all cash market price offer on some fancy piece of real estate in a prime market. |
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Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
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July 25, 2016, 09:58:25 PM |
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Not much choice around right now to spend monero at. I'd definitely just keep it and then wait for a miracle to happen like the one happened with bitcoin's value.
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aioc
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July 26, 2016, 01:09:09 AM |
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So I got it free and cannot spend it,I would just post it on exchange market and hops that there will be interested for a swap to a more exchange able coin in the market or I will just kept it and hope that there will be market in the future..
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Divinespark
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July 26, 2016, 04:34:01 AM |
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I would swap the Monero into BTC and buy something digital online. But I guess that is a violation of the spirit of the exchange if not quite the letter? Alternative is to hoard it and wait for more utility use cases to emerge
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generalizethis
Legendary
Offline
Activity: 1750
Merit: 1036
Facts are more efficient than fud
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July 26, 2016, 04:37:14 AM |
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That would buy a nice starter package in CryptoKingdom: land, horse, a few pigs, and without mortgaging the dividend.
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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July 26, 2016, 07:07:13 AM |
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I would swap the Monero into BTC and buy something digital online. But I guess that is a violation of the spirit of the exchange if not quite the letter? Alternative is to hoard it and wait for more utility use cases to emerge
You can use this and pay any btc merchant with XMR: I came to say something about xmr.to but I must leave now |
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Mauser
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July 26, 2016, 07:23:22 AM |
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Ok imagine this:
U get $50 for free in Monero
But u can not exchange it. U must spend the Moneros.
What can and what would u use it for?
Where wouldcha spend it ?
~CfA~
I would buy some sort of Art I can put in my home with the coins. How do I get the free coins now? =) |
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generalizethis
Legendary
Offline
Activity: 1750
Merit: 1036
Facts are more efficient than fud
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July 26, 2016, 07:25:03 AM |
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That would buy a nice starter package in CryptoKingdom: land, horse, a few pigs, and without mortgaging the dividend.
btw looking forward to join CryptoKingdom when it resumes  You'll make Prince in no time. The county game is the big loss--if you missed the early sign-up (they're like chains that you can manage at your discretion), costly, but they offer power users the type of precision they need to make functional replicas (this is reddit, meets Warcraft, meets free market decentralization or not) the real tests are in implementation, as sophisticated product as this is--there are endless complications. Risto's mad-genius is a Tesla fused with market and game theory and juiced on Sid Meier's sense of history. Interesting to play. Though the RPG aspects really need fleshed out, the strategy aspect is pretty well organized and the market functions are as sophisticated as anything I've ever played, and if economic warfare is your method for intoxicating gameplay, it's the one for you. And while I miss the complicated design aspect associated with buildings, there is probably a current design system that could be latched on and made to fit.... That's my short version. |
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HatakeKakashi
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July 26, 2016, 07:28:53 AM |
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Easy, I would bet with it until i make 75$ and buy an Amazon gift card.
XMR is quite stable as i saw in yobit. It needs little promotion, that's it.
I can always exchange it with BTC with other people. 50$ would be a good addition to my laptop's cost
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