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Author Topic: Loss proof idea  (Read 836 times)
GTO911
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March 27, 2014, 04:47:21 PM
 #1

Bitcoin is going down and will be in the same state for weeks. I have a very good idea of future proofing profitable holdings. Sell your bitcoin at the current rate and buy up some altcoin. Best bets would be altcoins without miner inflation, so their price will not go down by any means. Coin2 and pmc are good examples of mining inflation proof coins. In this way the current value of holdings can be proofed from future bitcoin drop
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March 27, 2014, 08:58:13 PM
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What prevents Coin2 and pmc from going down along with Bitcoin?

Buy bitcoins with cash from somebody near you: LocalBitcoins
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March 30, 2014, 07:15:44 AM
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A C2 - USD Exchange
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March 30, 2014, 07:23:11 AM
 #4

Not a good idea, Litecoin has been getting raped, and thats one of the most successful alt coins. alt coins are just a gamble.

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March 30, 2014, 07:28:38 AM
 #5

The old adage, "Bitcoin catches cold, altcoins die" springs to mind.  Smiley


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Elwar
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March 30, 2014, 07:30:23 AM
 #6

Great idea, you should buy as many alt coins as possible. The best ones are the ones that are clones of Bitcoin but have funny names. Those are so funny that you would be crazy not to dump a buttload of money into them.

Best to leave Bitcoins to the rest of us.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
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