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Author Topic: When to think about selling?  (Read 2204 times)
niothor
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December 03, 2013, 09:15:59 AM
 #21

Same here...I have the CAVirtex debit card.

Sell a coin (or less than one) throw the money onto the card....spend at will like a regular debit card.

I also bought a trip for two this winter to somewhere warm for me and my wife...it cost me a weeks mining, meh.


When you get a little more comfortable you tend to spend a bit...there is no sense in not enjoying some of this new found wealth.



So , you're using a debit card , just like a normal visa.
You're not using bitcoins , you're selling them , turning them into usd loading a card and shopping.

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CMMPro
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December 03, 2013, 02:26:42 PM
 #22

Same here...I have the CAVirtex debit card.

Sell a coin (or less than one) throw the money onto the card....spend at will like a regular debit card.

I also bought a trip for two this winter to somewhere warm for me and my wife...it cost me a weeks mining, meh.


When you get a little more comfortable you tend to spend a bit...there is no sense in not enjoying some of this new found wealth.



So , you're using a debit card , just like a normal visa.
You're not using bitcoins , you're selling them , turning them into usd loading a card and shopping.


Yes, this is the beta test for the card.
CAVirtex has already stated that the next step is to spend directly from your btc balance.
It would work like bitpay...when you spend it directly sells an appropriate amount of coins converts to CAD then you get what you want.

It is just masturbation talking about the semantics....I have a debit card, right now I have one manual step between bitcoin and getting goods or services I want.

Eventually the goal is to spend bitcoins or USD/CAD directly. Ie. walk into a store and see a price in bitcoins...spend those bitcoins directly without conversion on the product you want

Baby steps before we can fly.

hromobiti
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December 03, 2013, 02:33:00 PM
 #23

You're not using bitcoins , you're selling them , turning them into usd loading a card and shopping.


I disagree, by selling bitcoins, you give others the oppurtunity to buy bitcoins cheaper.

But spending the bitcoins directly would mean less fees, so you should save
silverbox
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December 03, 2013, 05:44:52 PM
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GriTBitS
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December 03, 2013, 06:18:11 PM
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Awesome!

raskolnikovx
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December 03, 2013, 06:25:31 PM
 #26

Bitcoin stability is key to become the Online currency accepted by everyone selling/buying at internet.
To me OP question is like ¿When will you spend all your money?
My answer: if I can, never!
I will use some money to buy or trade though ...

BTC: 1AR3Cu99DSbc7ZTBPLwhqf88yzBLx2zxhH
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