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Author Topic: selling my mined btc for euro instead of usd  (Read 4925 times)
bf4btc
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December 02, 2014, 04:04:01 AM
 #41

don't keep any euro!
euro is going to down like hell, just keep your bicoin or if you really need to exchange them for usd

i live in EU...
and unfortunately I have to confirm..
we are goin to test the 10 years bottom level...

maybee... 1.2

here ten years of EUR/USD


These kinds of charts can be somewhat misleading as their scale can be change to make it appear more volatile then it really is. In reality the Euro has only been within 15%~ or so of both it's all time high and all time low of the dollar since it's inception. Your chart implies that it's value has changed much more then that

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December 03, 2014, 07:52:14 AM
 #42

when you bet money you essentially bet everything. remember that.

This is something that my dad tell me all the time.

But your choice what you want to do with mined BTC sell or hold.
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December 03, 2014, 07:55:21 AM
 #43

Quote
If I were you,  would invest the money into some free time and reading books/forums or just thinking about the world. The answer you are looking for should be somewhat very clear. If it is not, you have lot to learn.

You said it nicely.
Read inform yourself invest borrow give with interest many possibilities.

You need to find it for you what is best and what makes you more money or BTC or some other crypto.

Q7
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December 03, 2014, 01:31:09 PM
 #44

If your concept is buy at the lowest price then euro is the option. Usd is rallying against all currencies right now. If buying based on trend then basically you are going against the flow. Either way it still goes back to similar like betting euro against usd. Hope you've made the right choice. Heard they say the usd rally is just at its beginning

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December 03, 2014, 08:30:41 PM
 #45

If your concept is buy at the lowest price then euro is the option. Usd is rallying against all currencies right now. If buying based on trend then basically you are going against the flow. Either way it still goes back to similar like betting euro against usd. Hope you've made the right choice. Heard they say the usd rally is just at its beginning

You never know for sure when exchanging currencies was it dollar to euro or GBP or something else.
But like he said if you are for lowest price then euro for sure.



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December 08, 2014, 01:05:16 PM
 #46

It will depend where you live - if in USA, then you will use USD of course, if in Europe - then EUR can be sometimes handy. If in other world parts or you are goind spend in the Net - then once again USD. Mostly all people in the Net are using USD, except may be Europe - when they are also using EUR.
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December 08, 2014, 03:10:11 PM
 #47

It will depend where you live - if in USA, then you will use USD of course, if in Europe - then EUR can be sometimes handy. If in other world parts or you are goind spend in the Net - then once again USD. Mostly all people in the Net are using USD, except may be Europe - when they are also using EUR.

There is no fundamental difference between EUR and USD. Both are fiat, easily manipulated.
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December 09, 2014, 08:01:37 AM
 #48

It will depend where you live - if in USA, then you will use USD of course, if in Europe - then EUR can be sometimes handy. If in other world parts or you are goind spend in the Net - then once again USD. Mostly all people in the Net are using USD, except may be Europe - when they are also using EUR.

There is no fundamental difference between EUR and USD. Both are fiat, easily manipulated.

Not to mention that USD and EUR are freely convertible and liquid markets. So effectively, there is no difference.
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December 10, 2014, 07:29:13 AM
 #49

As long as you have convertible currencies, there is no problem.

Just be away from EM.

The more I meet people, the more I like my dog.
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December 11, 2014, 03:43:08 AM
 #50

As long as you have convertible currencies, there is no problem.

Just be away from EM.

The only people trading in EM currencies would be people in EM.
There is no danger of people in developed countries selling bitcoins for EM currencies.
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December 12, 2014, 12:34:31 AM
 #51

It will depend where you live - if in USA, then you will use USD of course, if in Europe - then EUR can be sometimes handy. If in other world parts or you are goind spend in the Net - then once again USD. Mostly all people in the Net are using USD, except may be Europe - when they are also using EUR.

There is no fundamental difference between EUR and USD. Both are fiat, easily manipulated.

Not to mention that USD and EUR are freely convertible and liquid markets. So effectively, there is no difference.
This is not true. Like you have with any market, you will have trading costs. If you spend money in US dollars, but sell your bitcoin for Euros then anytime you want to spend such money you will need to trade your Euros for US dollars and pay some kind of trading fee. The competition for trading small amounts of forex is not very high so you will likely incur costs of several percent
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December 12, 2014, 11:18:44 AM
 #52

I did not see someone was talking about small money.

If it is small money, nobody gives a shit about it.
If it is bigger money, then everybody can use forex or transferwise.com etc.

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December 12, 2014, 11:43:02 AM
 #53

It will depend where you live - if in USA, then you will use USD of course, if in Europe - then EUR can be sometimes handy. If in other world parts or you are goind spend in the Net - then once again USD. Mostly all people in the Net are using USD, except may be Europe - when they are also using EUR.

There is no fundamental difference between EUR and USD. Both are fiat, easily manipulated.

Not to mention that USD and EUR are freely convertible and liquid markets. So effectively, there is no difference.

exactly no difference between the two, you could also chose gbp, and it would be the same
lowbander80
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December 12, 2014, 07:18:49 PM
 #54

Better to keep money that you can use in a case of emergency if you are in the euro zone having USD is toilet paper
when EUR may fill a tank of gas
same in the US u can use Euro to wipe your A@#$( in case of emergency
Also the same with bullion coins
Sovereigns can be used in most parts of the world when not so popular in the US






 i always the remember the 5B

bullion
blonds
beans
bullets
bible / books

and in our case in a BTC forum

Bitcoin added to the 5Bs
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December 12, 2014, 07:38:03 PM
 #55

The euro is weak lately. Take USD.
Yes, buy high, sell low!
Grin

No, better keep all the coins and only convert just enough to pay the electricity bills and hardware.
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December 23, 2014, 02:03:30 PM
 #56

Don't sell for euro/dollar. Buy as much you can with BTC, helping the btc-infrastucture! Smiley
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December 23, 2014, 02:38:56 PM
 #57

Don't sell for euro/dollar. Buy as much you can with BTC, helping the btc-infrastucture! Smiley
Seems like you're a senior member now Wink
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December 23, 2014, 06:28:17 PM
 #58

Wouldn't it be better for me to sell my mined btc for EURO instead of USD?? I typically sell the mined product on coinbase.

would appreciate any and all thoughts.

thanks!

EURO is not so different from USD. But one good thing of EURO is that EURO is more strong than USD (which in last time is only paper, IMHO). But, I can advice you (if you can naturally) to wait for better time, because now price is so low for sell :/

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December 23, 2014, 06:31:47 PM
 #59

euro is at its low price against USD
so if you convert your bitcoin to euro then possible that your money will grow when euro rise up and you will get more USD then current price

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December 23, 2014, 11:23:59 PM
 #60

That's not change something if you sell your mined btc for Euro instead of USD. Euro, like USD now are not strong, and it's the same thing, whatever you choice. Only one thing that you can do is HODL for better time, if you can.
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