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Author Topic: What should I buy with $100 worth of BTC?  (Read 2528 times)
Cosbycoin
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May 23, 2012, 08:37:52 PM
 #21

Play some blackjack and get some hookers lol
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 24, 2012, 04:36:02 AM
 #22

I tend to check up on the Marketplace forum for things that interest me.  I was lucky enough to profit from the "early adopter" idea in the realm of a couple hundred dollars, and I'm dedicating the rest of my BTC to actual commerce.  I've paid for Photoshop services on my current avatar's base image, played many a hand of BlackJack, gambled my luck with a few BitLotto tickets (odds are low but infinitely better than the lotto tickets at my local gas station), gave out a few Christmas gifts for people who recently installed the Bitcoin client, things like that.  Oh, and I've spent plenty a Bitcoin for BitcoinTorrentz hehe.  VPS and web-hosting services have been available for almost the entire history of Bitcoin, and I would use them if I needed them.

Or you could always hold on to the 20 BTC under the assumption that the price will increase and your buying power per BTC will increase in time, though I do find it extremely suspicious that the price has been so stable at ~$5 for so long, so I wouldn't count on that as a capital investment at this point to be honest.
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May 24, 2012, 05:51:10 AM
 #23

Give me some ideas.  Cheesy

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May 24, 2012, 06:47:52 AM
 #24

Take about $30 of it and get some of George's baklava. Seriously. It's that good.

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Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
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In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
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The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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