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Stupid BTC purchases
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Topic: Stupid BTC purchases (Read 1593 times)
Funky Al
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Activity: 142
Merit: 100
It takes a tough man to make a tender chicken.
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Re: Stupid BTC purchases
November 28, 2013, 10:28:41 PM
#21
Whenever you buy something with Bitcoin, just but more back +10%
It means they will be used more and increases your holdings at the same time.
No regrets and you're adding to the Bitcoin economy.
beetcoin
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Re: Stupid BTC purchases
November 28, 2013, 10:36:07 PM
#22
Quote from: Hawker on November 28, 2013, 10:10:58 PM
http://www.lexus.co.uk/car-models/rx/rx-450h/
In June or so, I sold 500 Bitcoin at $119.99 to buy this. Today the price is 10 times as high so the car cost me $599k.
Fuuuck
On a positive note, the cost me about $3 each to mine and as such the car cost me $1500.
i would have just cashed out enough to make a 50% down payment, and then pay the rest over time. but hey, you still have a shit ton of bitcoin, so no point in being upset
Hawker
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Re: Stupid BTC purchases
November 28, 2013, 10:37:42 PM
#23
Quote from: beetcoin on November 28, 2013, 10:36:07 PM
...snip...
i would have just cashed out enough to make a 50% down payment, and then pay the rest over time. but hey, you still have a shit ton of bitcoin, so no point in being upset
You are right. I am happy every time I sit in it - I know it was a badly timed decision but heck, its a nice car
tinus42
Hero Member
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Merit: 501
Re: Stupid BTC purchases
November 28, 2013, 10:48:35 PM
#24
Buying just any Bitcoin share. That's the silliest thing I did. There is not even one which will make you money even in the short run. Unless you are clever with shorting them. At least if you bought cars and computers with them you still have those.
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