jakerslake (OP)
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February 01, 2014, 01:00:48 AM |
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OK so a while back, when the bit-coin was worth about $6.25 a piece, I convinced a friend of mine to purchase $100 dollars worth of bit-coin, which got you a whopping 16 bit-coins at the time. My friend was un able to get into his wallet until about a week ago, so it was quite a surprise. He is keeping them in an offline bitchain wallet. What is the best site to sell bit-coins and what is the best place to store them? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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byt411
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February 01, 2014, 01:05:44 AM |
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Store offline, or send them to me. Yay!
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MakeBelieve
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February 01, 2014, 01:06:48 AM |
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You could invest it in something or you could just sell them at the exchanges but no one can tell you the best ones just search up bitcoin exchanges.
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kaysersoze
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February 01, 2014, 01:07:59 AM |
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dont do nothing and wait for 5y is your best option
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frankenmint
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HoneybadgerOfMoney.com Weed4bitcoin.com
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February 01, 2014, 01:09:43 AM |
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dont do nothing and wait for 5y is your best option
This and then...only spend out 2 coins...keep the bulk of them as long as you can.
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MakeBelieve
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February 01, 2014, 01:13:04 AM |
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dont do nothing and wait for 5y is your best option
5 years? Really that long that's pretty percise for you to guess that is the best time to sell I say sell when you are happy.
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ManeBjorn
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February 01, 2014, 01:15:37 AM |
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Maybe buy yourself a few things you want and set aside 6 to 12 of them as the price increases. I always accept donations though if you want to give one to me. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Seriously though do something with a little bit of them that you really want saving the rest. That way you can enjoy the benefits of having something worth a good amount and also having purchased something you wanted. The sky's the limit with Bitcoin. Enjoy!
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el_Tico
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"Fly you fools"
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February 01, 2014, 01:15:54 AM |
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I say keep them if you don't need the money now. In 5 yrs from now you will wish you didn't sell.
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gentlemand
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Welt Am Draht
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February 01, 2014, 01:23:27 AM |
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Tell him to forget about them for a few more years unless there's an absolutely desperate need. Forgetting about it seems to have served him pretty well so far.
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steeev
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February 01, 2014, 02:30:34 AM |
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keep 15 and use 1 as a way to tip/donate to useful people/organisations ...and also to send to people you introduce to BTC 1 or 2 cents at a time...
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MakeBelieve
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February 01, 2014, 02:31:35 AM |
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keep 15 and use 1 as a way to tip/donate to useful people/organisations, and also to send to people you introduce to BTC ( 1 or 2 cents at a time )...
Good idea that would be great incentive to new people that the op has introduced to Bitcoin the remaining coins hold onto until the right price comes.
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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending
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February 01, 2014, 02:36:38 AM |
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Newbie status, with the post starting with "OK so", ergo (that means 'therefore') this has to be an excellent OP to read.
theymos, what are the chances of you creating a Trollbie section on this forum?
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Nathonas
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February 01, 2014, 02:37:07 AM |
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I highly recommend armory bitcoin wallet. Make sure to follow their procedures (view only wallet, full one on usb drive on an offline computer ) so you're basically theft proof. If you're into day trading, keep half or so in a reputable exchange like btce.
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All we have to decide is what to do with the time that is given us.
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RodeoX
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The revolution will be monetized!
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February 01, 2014, 02:42:48 AM |
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Consider just spending them rather than "cashing" out. Go shopping at Overstock or TigerDirect.
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empoweoqwj
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February 01, 2014, 03:31:28 AM |
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OK so a while back, when the bit-coin was worth about $6.25 a piece, I convinced a friend of mine to purchase $100 dollars worth of bit-coin, which got you a whopping 16 bit-coins at the time. My friend was un able to get into his wallet until about a week ago, so it was quite a surprise. He is keeping them in an offline bitchain wallet. What is the best site to sell bit-coins and what is the best place to store them? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Store them as they are, in an offline wallet. Sell them? Bitstamp ..... certainly don't be attracted to Gox by the high prices or you will be goxxed
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trancehun
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February 01, 2014, 08:58:02 AM |
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Hold it
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texaschainsaw54
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February 01, 2014, 09:03:58 AM |
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Hold on to 13 of them and use 3 or so to invest in smaller currencies or donate a small bit of on. (or give some to me)
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BTCkuku
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February 01, 2014, 09:32:22 AM |
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keep 15 and use 1 as a way to tip/donate to useful people/organisations ...and also to send to people you introduce to BTC 1 or 2 cents at a time...
+ 1 Nice idea.
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hilariousandco
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Join the world-leading crypto sportsbook NOW!
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February 01, 2014, 10:35:01 AM |
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Sell them on mt.gox. Jk. I'd keep them, but maybe you need some money. If you do, sell a handful and keep the rest where they are.
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Ritual
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February 01, 2014, 11:30:14 AM |
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Newbie status, with the post starting with "OK so", ergo (that means 'therefore') this has to be an excellent OP to read.
theymos, what are the chances of you creating a Trollbie section on this forum?
Sense, this makes none. *baffled*
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