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Author Topic: How much money have you spent on Bitcoin?  (Read 2627 times)
Miles Bennett Dyson
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September 26, 2012, 03:56:53 PM
 #41

About € 1500.

But i sold about € 4000.

I don't mine or run ponzi's, which seems to be in fashion here.
I play satoshidice all the time and sell winnings or put them in GLBSE assets.
I play with online wallets on my cellphone when i'm not in reach of a wifi
and when i'm in reach of a wifi i play satoshi with bitcoin Qt, multibit and electrum.
I have a tendency to divide my coins in different wallets, in case something goes wrong with one of them i don't loose everything.  Also because i'm curious in development of user-friendly lite clients.
I must have extracted a few hundred coins over 6 months with a growing average of 100 to 500 bets a day.
I lost 56 on the first day though.  It was my 2nd bet ever! hear me out:
I place 54 coins on 97%, i got back 56 or something...
THen i placed 56 on 97% and.... FACEPALM!

Today i extracted 35 BTC, but i had a day off and didn't even leave the house.
On an average day i'm happy with 5.( HAHA FU miners!)
I've never been a gambler but i'm kind of hooked to satoshi, it's not really gambling, it's manual mining.
(i keep telling that to myself)

can someone write a bot for me so i can has my life back please?  


Are you telling me you doubled your money with Satoshidice? I don't understand how that is possible with that many bets, if you played infinite bets you would have 2% less money than you started with.
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senor_coconut
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a big question mark


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September 27, 2012, 10:33:21 AM
 #42

Don't call that an investment, IT IS GAMBLING.
Check the definition of Expected Value or EV, as in poker.

regs!
sympathetic
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September 27, 2012, 10:48:27 AM
 #43

Only 150$ for buying and app. 3000$ for mining equipments.
almwaysa
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September 27, 2012, 03:27:41 PM
 #44

Total money spent exclusively for bitcoins: ~$350, 2x BTL jalapenos, but I wont get them til nov/dec I suspect.
other spending:
1x6870 on my fileserver which I bought with old mined bitcoins [Thanks to btcbuy!]
Sold my GTX570 to a friend for $180 and got myself a 7950 for $350. [-$170]
bought another 7950 for $330.
so totally $330 + $170 = $500 on gpus.

Why dont I call them spending? because I use those GPUs for gaming when not mining, so technically not exclusive investment in btc Smiley

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insight
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September 27, 2012, 03:49:59 PM
 #45

Around $3-400
wmx.support
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September 27, 2012, 08:42:56 PM
 #46

I've spent 100 dollars so far, should I continue buying BTC? Smiley
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Rothgar
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September 27, 2012, 09:27:47 PM
 #47

In soviet Russia, bitcoin spends money on you.

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