Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
July 28, 2014, 07:57:16 AM Last edit: July 28, 2014, 08:36:53 AM by Brewins |
|
Just hold your coins in some safe wallet.
I wouldn't bother with $5 even if it was in fiat
|
|
|
|
Thekool1s
Legendary
Offline
Activity: 1512
Merit: 1218
Change is in your hands
|
|
July 28, 2014, 09:19:07 AM |
|
Do lending you can make some profit.
|
|
|
|
shogdite
|
|
July 28, 2014, 10:21:52 AM |
|
You can't do a lot with that amount of btc, could try investing in a new alt currency though it's very risky and you could end up losing the lot. Easiest option is to hold
|
|
|
|
Mommag
Newbie
Offline
Activity: 4
Merit: 0
|
|
July 28, 2014, 10:44:11 AM |
|
I'm not a game fan , I would personally would gamble It and try making at least $20 from It then I would hold or think how could I invest them and make even more. But if you decide to gamble you should minimally know what you are doing.
|
|
|
|
InwardContour
|
|
July 28, 2014, 12:20:59 PM |
|
I'm not a game fan , I would personally would gamble It and try making at least $20 from It then I would hold or think how could I invest them and make even more. But if you decide to gamble you should minimally know what you are doing.
This should be a nice solution, 5$ are really a low amount of money, try some dice site and have some fun. Investing them in bitcoins is safer but even if btc value will double, you will have earned only 5$.
|
|
|
|
jonnybravo0311
Legendary
Offline
Activity: 1344
Merit: 1023
Mine at Jonny's Pool
|
|
July 28, 2014, 02:57:13 PM |
|
Hello everyone, since a few months ago I started gathering BTC from faucets and PTC's based on BTC, and recently I also sold some Latium and Doges(which I got from Freedoge.co.in) at Coin-Swap, and after all that time I have know at the time of writing this $4.60 and I'm waiting for the next Doge payout. I started gathering BTC because I wanted to make my free time more profitable, and also with the idea of purchase a Humble Bundle with BTC. For those who didn't know about it, Humble Bundle is a site where you can get some good games for just $1, but probably what you didn't know is that you can purchase it with BTC, there is a tiny link titled "or buy with Bitcoin!" below the Google Wallet payment button.
But the point is that I'm waiting for a Great Good Offer, or some offer with a game that I like, also there is another great place to buy games at good price: The Steam Store, sadly this one don't accept Bitcoin, yet...
So I'm wondering if I should try to sell the Bitcoins for dollars, that's why I opened this post.
I took a look at BTC-E, however it seems that is not possible to sell such small amount, or very difficult at least... I don't know exactly how works the order system there. At Coin-Swap there is a feature called Auto-Buy/Sell orders, these are orders that have their own balance, so for example if someone is asking for 100 LAT and you sell 5 LAT to him (by placing a sell order at the same price per LAT) the 5 Latium will be deducted from your account and the buy order, and you will receive the correspondent BTC. So the order will be asking now 95LAT. Is that feature available on BTC-E?
If that's the case I can try some workaround to get my money on PayPal, by withdrawing the dollars to OKPay first (the minimum withdrawal is just $1) and then going to Magnetic-Exchange which seems legit and exchange it for PayPal.
Another option is to sell them directly here to someone trustful.
Alternatively I can just wait for that Great Offer a little more, also the CEO of BitStamp in some kind of Bitcoin conference he said on an interview that Bitcoin value will rise up to $2,000, so maybe it's worth to wait for it.
What do you recommend me? Wait some more time, sell them through BTC-E (if possible) sell or them here. First off, I don't know that spending months to earn $4 or $5 could ever be considered making your free time profitable. When I first read the title of the post I thought it was a mistake and you really meant $400 - $500 or maybe you meant 4 BTC to 5 BTC. Anyway, congratulations on having the perseverance to gather coins together. As for what to do with them, purchasing a game bundle might be worthwhile since you'll at least get some hours of enjoyment from them. You could always go the gambling route, too. Be aware, though, that you spent months trying to accumulate that coin. Hopefully you can get some months of enjoyment back
|
Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
|
|
|
Crossbow376
|
|
July 28, 2014, 04:23:45 PM |
|
Since I am bullish on bitcoin price, I won't suggest you to sell your bitcoin now. I would suggest you to earn more bitcoin with sig campaign and forget about those faucets, and then keep your bitcoin for a few years till bitcoin hits mainstream.
|
|
|
|
BitcoinMillionaire
Full Member
Offline
Activity: 168
Merit: 100
Bling Bling
|
|
July 28, 2014, 04:44:59 PM |
|
Hello everyone, since a few months ago I started gathering BTC from faucets and PTC's based on BTC, and recently I also sold some Latium and Doges(which I got from Freedoge.co.in) at Coin-Swap, and after all that time I have know at the time of writing this $4.60 and I'm waiting for the next Doge payout. I started gathering BTC because I wanted to make my free time more profitable, and also with the idea of purchase a Humble Bundle with BTC. For those who didn't know about it, Humble Bundle is a site where you can get some good games for just $1, but probably what you didn't know is that you can purchase it with BTC, there is a tiny link titled "or buy with Bitcoin!" below the Google Wallet payment button.
But the point is that I'm waiting for a Great Good Offer, or some offer with a game that I like, also there is another great place to buy games at good price: The Steam Store, sadly this one don't accept Bitcoin, yet...
So I'm wondering if I should try to sell the Bitcoins for dollars, that's why I opened this post.
I took a look at BTC-E, however it seems that is not possible to sell such small amount, or very difficult at least... I don't know exactly how works the order system there. At Coin-Swap there is a feature called Auto-Buy/Sell orders, these are orders that have their own balance, so for example if someone is asking for 100 LAT and you sell 5 LAT to him (by placing a sell order at the same price per LAT) the 5 Latium will be deducted from your account and the buy order, and you will receive the correspondent BTC. So the order will be asking now 95LAT. Is that feature available on BTC-E?
If that's the case I can try some workaround to get my money on PayPal, by withdrawing the dollars to OKPay first (the minimum withdrawal is just $1) and then going to Magnetic-Exchange which seems legit and exchange it for PayPal.
Another option is to sell them directly here to someone trustful.
Alternatively I can just wait for that Great Offer a little more, also the CEO of BitStamp in some kind of Bitcoin conference he said on an interview that Bitcoin value will rise up to $2,000, so maybe it's worth to wait for it.
What do you recommend me? Wait some more time, sell them through BTC-E (if possible) sell or them here.
Just put it in cold storage and wait for the value to climb!!! Who knows, you may become a BitcoinMillionaire in a couple years! Hehe!
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
RiffRofl
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 28, 2014, 05:33:49 PM |
|
Prolly hodl it.
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
July 28, 2014, 08:29:38 PM |
|
Prolly hodl it.
yeah, everything below 1000$ worth should be kept. i was looking Buffet's speech about items value and realised much better where we are headed. I wouldnt consider investing some large sums currently, but also wouldnt short everything; just in case.
|
|
|
|
|
Balkhole
Member
Offline
Activity: 76
Merit: 10
|
|
July 29, 2014, 12:52:50 AM |
|
I'd be glad to give you Paypal for your coins with just a 3% exchange fee. Check my thread over here. Or you can just go with the strategy that has never failed and HODL Paypal does absolutely not warrant any kind of premium as there is a huge risk to the seller even if it Is only a few dollars worth.
|
|
|
|
BtcGains
Newbie
Offline
Activity: 38
Merit: 0
|
|
July 29, 2014, 12:53:45 AM |
|
Gamble at a gambling website. 5$ won't get you far, but its fun.
if you good on gamble you will win big That state of mind is a good way to lose your money. Never gamble is my opinion. I recommend trading, do not bother with mining as your ROI will be tiny. Do some research where you can trade. I saw cryptsy offers a new automated trading not on their client which I've been using and it's perfect. It's never been easier to trade crypto's automatically like this so I recommend having a look at that and giving it a try!
|
|
|
|
polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
July 29, 2014, 02:44:39 AM |
|
Forget about it. Come back after 3 years.
|
|
|
|
williamj2543
|
|
July 29, 2014, 02:46:14 AM |
|
Forget about it. Come back after 3 years. Thats actually a good idea, forgot about that. Try holding onto your 5$, and if bitcoin hits one million dollars, you will have 8000$ (I think that is a good estimation?), which is awesome, but that might be a couple more years.
|
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
|
|
|
valvalis
|
|
July 29, 2014, 03:57:09 AM |
|
hold or you can buy POS coin and staking them.
|
|
|
|
Lanzer
Member
Offline
Activity: 446
Merit: 10
|
|
July 29, 2014, 06:13:56 AM |
|
exchange half of your coins for doge and see what happens
|
|
|
|
|
ranochigo
Legendary
Offline
Activity: 2982
Merit: 4193
|
|
July 29, 2014, 10:36:40 AM |
|
Do lending you can make some profit.
Lending isn't the right way. No one in the right mind would want a $5 loan. Even if they need it, they most likely would not provide collateral which puts you at the risk of the borrower defaulting. There are people who even scam for $3 in the lending forum.
|
|
|
|
CoinDiver
|
|
July 29, 2014, 01:55:37 PM |
|
How is it "OVER $4-5"? It's either over $4, over $5, or between $4 and $5.
|
|
|
|
|