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Question: how much of your life savings is invested in BTC?
0% - 23 (7.2%)
less than 10% - 55 (17.2%)
~10% - 26 (8.2%)
~20% - 16 (5%)
~30% - 16 (5%)
~40% - 11 (3.4%)
~50% - 27 (8.5%)
~60% - 9 (2.8%)
~70% - 22 (6.9%)
~80% - 12 (3.8%)
~90% - 45 (14.1%)
100% - 31 (9.7%)
over 100% - 26 (8.2%)
Total Voters: 319

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Author Topic: how much of your life savings is invested in BTC?  (Read 4930 times)
BitchicksHusband
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December 10, 2013, 10:48:52 PM
 #41

It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).

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myself
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December 11, 2013, 03:30:08 AM
 #42

It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
CoinGeneral
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December 11, 2013, 03:36:44 AM
 #43

More than I have. Took a loan from the family.

This poll needs options for over 100%

This poll also needs a 'less than 0%' for people who owe others bitcoins

This.

stash
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December 11, 2013, 03:37:36 AM
 #44

80% another 20% i put on physical Gold/Silver, Emergency bank account, and traditional investment like unit trust etc.

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e4xit
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December 11, 2013, 03:03:52 PM
 #45

40% of my net worth has now turned into 90% of my net worth  Shocked

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BitchicksHusband
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December 11, 2013, 07:07:58 PM
 #46

It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset

Tell that to my parents who sold their house and my dad is still living off the proceeds 10 years later.

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rampantparanoia
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December 11, 2013, 07:14:42 PM
 #47

It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset

Tell that to my parents who sold their house and my dad is still living off the proceeds 10 years later.

Its a liability if you are making payments on it.
If its paid off, its an asset.
dnaleor
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December 11, 2013, 08:53:23 PM
 #48

started with less than 10%, now >70% due to increase in exchange rate Cheesy
JimboToronto
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December 11, 2013, 11:05:13 PM
 #49

I voted <10% because that's what they were worth when I bought them. Until I sell them that's all they're worth.
BTCINVESTOR
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December 12, 2013, 12:47:35 AM
 #50

I have invested in BTC fully. The first time I took a deep dive into the math, I knew what it was. Unfortunately back in 2010 when I first encountered them, I did not see anywhere that they could be fractionated. Nobody talked about that then because they were so cheap to buy. Everyone always talked in whole bitcoins. I was concerned that there wouldn't be enough to go around. When I realized they could be fractionated down to 1/100,000,000, I started investing everything I had in them. I am a bitcoin millionaire.

Math based currencies will supplant all sovereign currencies over time. Buy them now.
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December 12, 2013, 01:01:48 AM
 #51

Turning 2 large pizzas into your life savings... #onlyinbitcoin

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thetopham
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December 12, 2013, 01:10:26 AM
 #52

100%, have $4000 invested in bitcoin and about $200 in the bank

p.s.  will kill for time machine
snakebit
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December 12, 2013, 06:07:54 AM
 #53

Man, I'm liking this Chile idea. I love mountains and there are some of the best I've ever seen in pictures down there. Definitely gonna check it out some day.

You can buy a plot of land there for BTC btw.

Oh and to get back on topic, I put 90% given I also have some metals that I unfortunately lost in a boating accident.
Michael Robinson
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December 12, 2013, 07:21:32 AM
 #54

I invested 20% of my savings in Bitcoin last week, a day before the value went from $1200 to $500.  Not a good start whatsoever, but I'm in it for the long haul and looking forward to seeing what 2014 brings. 

dakiller
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December 12, 2013, 07:49:30 AM
 #55

I don't know how to answer.

Is is how much fiat I put in, or how much value I have now?

I put in 2.5k back in not much before the bubble of 2011, that was about 50% of my cash holdings at the time and about 8% of my income, fresh out of university I had no concept of savings at all, money was for rent, food, hobbies and entertainment.

Now it is worth far more than anything I have outside of bitcoin. Will end up getting a house or a sizable deposit of one out of it in a year or two when I'm ready to build a house.
teukon
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December 12, 2013, 11:32:33 AM
 #56

I am a bitcoin millionaire.

What is a "bitcoin millionaire"?  Do you have a million bitcoins?
Notanon
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December 12, 2013, 12:05:08 PM
 #57

A fair chunk is in mining equipment which I bought with BTC, so it's a decent proportion.
Johnny Bitcoinseed
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December 13, 2013, 12:07:02 PM
 #58

It didn't start off being so high, but now it is more than 50% of our savings (I didn't include my house).
just a friendly reminder your house is a liability not a asset

Tell that to my parents who sold their house and my dad is still living off the proceeds 10 years later.

Times have changed, my friend.  Those days are done.

Your parents are also living off the proceeds of social security and medicare...programs you are paying into that you will likely never see when you retire.

The "Greatest Generation" really set themselves up nice.  At the next generations expense!

The beauty of renting is that you are liquid: can easily move to where the opportunities arise as soon as they arise.  A house and mortgage can be a ball and chain.  Ask some Detroiters.

Also, should the SHTF in your town you simply walk out the door to greener pastures.  You don't even have to lock the door on the way out.

Stay liquid, my friends.

Sincerely I am, Johnny BitcoinSeed .com
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December 13, 2013, 03:45:42 PM
 #59

Oops.  meant to click on less than 10%.  But if we look a pure currency...since I have nothing in money, it's about 50% lol.
All of my savings are invested in real estate!

BitchicksHusband
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December 13, 2013, 04:05:41 PM
 #60

Times have changed, my friend.  Those days are done.

News to me.  My house is worth almost 3x what I paid for it.  And I don't see it going down any time soon.  By the time I sell, I expect it to be 4x.

Your parents are also living off the proceeds of social security and medicare...programs you are paying into that you will likely never see when you retire.

I don't buy into this commonly-held notion.  I think Social Security and Medicare will still be there.  But I have bitcoin so I don't really care as much.

The "Greatest Generation" really set themselves up nice.  At the next generations expense!

Perhaps.

The beauty of renting is that you are liquid: can easily move to where the opportunities arise as soon as they arise.  A house and mortgage can be a ball and chain.  Ask some Detroiters.

Bitchick is a Realtor.  Location, location, location.  Detroit was a hole when my mom left 60 years ago.

The ugly of renting is that you are throwing away your rent money instead of building an asset.  That's a heck of a lot of money to be pouring down a drain.  I'd rather have made 3x on that money instead.

Also, should the SHTF in your town you simply walk out the door to greener pastures.  You don't even have to lock the door on the way out.

Since I don't live in Detroit, Harlem or Compton, I'm pretty sure my house will continue to be desirable past the point where I sell it.

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