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EFS
Staff
Legendary
Online
Activity: 3892
Merit: 2183
Crypto Swap Exchange
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November 15, 2014, 01:00:42 AM |
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Less than 5.
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gogxmagog
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Activity: 1456
Merit: 1010
Ad maiora!
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November 15, 2014, 01:27:47 AM |
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The amount the BTC price matters varies depending on how well I am doing financially. If I am in a position where I need liquid cash, then BTC price is very important because I want as much $ as possible. I own gold and silver too, they are both long term "store of value" holdings that I will only dip into if I need to. I watch those prices carefully too.
I'd love to see a world where you can do all you spending with btc, it would drive the price up so high and no one would need to "cash out" ever, but that world is a long way away, if ever, so until then, we watrch the price.
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o0o0
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Activity: 1596
Merit: 1021
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November 15, 2014, 02:03:58 AM |
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The amount the BTC price matters varies depending on how well I am doing financially. If I am in a position where I need liquid cash, then BTC price is very important because I want as much $ as possible. I own gold and silver too, they are both long term "store of value" holdings that I will only dip into if I need to. I watch those prices carefully too.
I'd love to see a world where you can do all you spending with btc, it would drive the price up so high and no one would need to "cash out" ever, but that world is a long way away, if ever, so until then, we watrch the price.
Best to buy bitcoin at $x and spend it when its either at what you paid or higher. I'm personally holding it long term for the day of mass adoption. If i sell in between its to ride the waves and increase my holdings in bitcoin. You have to berieve!!!
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akujin
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November 15, 2014, 04:13:12 AM |
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BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7 LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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redsn0w (OP)
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Activity: 1778
Merit: 1043
#Free market
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November 15, 2014, 06:37:06 AM |
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I think your thread isn't about believing in bitcoin, it's about how much btc people own. For myself, when you're dealing with hundreds of btc, that drop from $412 to $385 would have cost me roughly $30k USD. I think it's cool if you got your btc back in 2011 just mining it for free, but I bought all mine at around $280-$300, so I don't hold the dips. I buy the dips and sell when it goes up. Holding and hoping for it to go to the moon is like hoping to win the lottery, when you could be making money by working hard day trading. I'd rather make tiny amounts consistently everyday than wait for some big break that may never come.
And I do believe in btc as a concept, I simply don't believe the price has any correlation with its usage as a currency or protocol, and in fact if I were to speak honestly, I think my actions as a day trader hurt the future of bitcoin (as do the actions of other speculators / traders). The more stability the better, but if it was stable I wouldn't be trading it.
At what cost did you acquire your coins redsn0w? And does your username have any relation to the iPhone jailbreak?
Thanks for your opinion , it is very appreciated.
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sgbett
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Activity: 2576
Merit: 1087
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November 15, 2014, 10:14:56 AM |
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Edit: zero at the moment, just sold at $412, and very glad I did. Look out below.
Why you don't HODL them ? because if you do so then you would probably have to sell at $290 or $190 or $90 before lose everything, remember $1000 $800 $600? they are all gone, you won't see them anymore in this downtrend At the end if you believe in bitcoin, the price doesn't metter . sorry but the price does matter in the real world unless you are trolling others to hold "price down doesn't matter, however price up does of cause matter that's why you should hold" permabull? I told you if you believe in bitcoin , the price doesn't metter. I think you didn't understand that and please don't be arrogant. idealism & solipsism perma-bull: if you believe in bitcoin then the real world is fake and won't be matter to you any more, you can live happily in your dream and imagination why not just do self hypnosis? why trying to hold bitcoins and hoping to get rich quick then? we all know you do care about the price so much, so please stop pretending that you don't and stop lying to others with these ponzi scheme tricks a little bounce: to da moon, get on the train! i am getting rich!! fake recover over: the price doesn't matter any way what a hypocritical person Such wise. So vision.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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Deltus
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Activity: 1
Merit: 0
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November 15, 2014, 10:18:22 AM |
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Cant see the poll results?
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redsn0w (OP)
Legendary
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Activity: 1778
Merit: 1043
#Free market
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November 15, 2014, 10:23:33 AM |
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Cant see the poll results?
Check now , I've select the option : -Show the poll's results to anyone .
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btcbeliever
Member
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Activity: 232
Merit: 29
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November 15, 2014, 11:06:40 AM |
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this poll is pretty dumb because it stops at >150.
You should have >500, >1000, >2000, >5000, >10,000, >50,000, >100,000, >200,000, >500,000 and >1,000,000.
Those last few, assuming blockchain addresses have been found with balances this high.
Put this up and I will vote what my holding is.
I don't remember what Satochi's balance is, but we should include the range for his balance, in case he would like to vote as well.
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Wilhelm
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Activity: 1652
Merit: 1265
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November 15, 2014, 01:18:45 PM |
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this poll is pretty dumb because it stops at >150.
You should have >500, >1000, >2000, >5000, >10,000, >50,000, >100,000, >200,000, >500,000 and >1,000,000.
Those last few, assuming blockchain addresses have been found with balances this high.
Put this up and I will vote what my holding is.
I don't remember what Satochi's balance is, but we should include the range for his balance, in case he would like to vote as well.
Who says a person has one wallet?
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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redsn0w (OP)
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Activity: 1778
Merit: 1043
#Free market
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November 15, 2014, 04:54:33 PM |
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Less than 5. Thanks for your vote , it's more appreciated .
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porcupine87
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November 15, 2014, 05:27:05 PM |
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I sold them all at $500
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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redsn0w (OP)
Legendary
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Activity: 1778
Merit: 1043
#Free market
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November 15, 2014, 06:20:42 PM |
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The poll will remain open for another three days. Thanks for the attention , yours opinion it's very appreciated.
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JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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November 15, 2014, 06:39:43 PM |
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-inane trolling-
You don't know shit. True but:
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SmoothCurves
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November 15, 2014, 07:25:40 PM |
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> 75 but < 150
How long do you plan to Hodl for?
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o0o0
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Activity: 1596
Merit: 1021
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November 16, 2014, 11:08:08 AM |
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> 75 but < 150
How long do you plan to Hodl for? Long term.... 3-4 years i believe. Its my major investment but i won't cry if i lose it all. If it goes mainstream i'll be using it to barter and buy things and by that time my holdings will have more value. If it runs beside fiat as a commodity with more value then i win there too. Until then i'll just get $500 AUD a week more until my holding reaches around 200 BTC. I'll likely stop at that.
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bitebits
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Activity: 2251
Merit: 3592
Flippin' burgers since 1163.
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November 16, 2014, 11:49:32 AM |
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[...] Until then i'll just get $500 AUD a week more until my holding reaches around 200 BTC. I'll likely stop at that.
Quite sure you than want to aim for 210, because then you are in the elite 100k group (21m/210). Somehow this effect happens as soon as you collect a few, you keep adding to the stash. Selling gets harder and harder, because of it's scarcity (and you don't want to look stupid in 10 years, selling for a few bucks ).
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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btcmaze
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November 16, 2014, 01:42:23 PM |
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So, everyone here is richer than me? I got around 0.1
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Wilhelm
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Activity: 1652
Merit: 1265
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November 16, 2014, 03:59:41 PM |
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So, everyone here is richer than me? I got around 0.1 That's $40 so go buy yourself some more
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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