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Question: When (and if) Bitstamp reopens I will...
Sell coins - 12 (8.5%)
Buy coins - 27 (19%)
Look at other exchanges rate and decide - 14 (9.9%)
Withdraw fiat - 6 (4.2%)
Withdraw coins - 36 (25.4%)
Do nothing - 47 (33.1%)
Total Voters: 142

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Author Topic: What's your action once Bitstamp reopens?  (Read 4060 times)
de3mka (OP)
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January 07, 2015, 09:22:58 AM
 #1

Select the most likely action you are going to do once Bitstamp reopens (considering it will reopen).

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Nrcewker
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January 07, 2015, 09:31:38 AM
 #2

sell btc and withdraw fiat

inca
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January 07, 2015, 09:39:28 AM
 #3

sell btc and withdraw fiat

Buy btc and withdraw btc.

Or nothing.
600watt
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January 07, 2015, 09:55:04 AM
 #4

withdraw fiat and invest in my non bitcoin business. buy some coins. withdraw coins.
Watoshi-Dimobuto
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January 07, 2015, 10:45:11 AM
 #5

Already buying BTC... Will do nothing. Just wait.
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January 07, 2015, 12:11:12 PM
 #6

By the way, if you hold any cryptocurrency and wish to sell it for USD, you don't need to wait for Bitstamp to open its doors. You can buy nubits since 1 NBT = 1 USD and when Bitstamp opens its doors you just sell the nubits and buy back BTC, transfer the BTC to bitstamp and get your USD. For example, I need to have a reserve of USD that would not suffer from the risk of BTC volatility but since Bitstamp is offline I cannot buy USD. To remedy that I bought nubits instead and I hold them in my wallet. You can't hold USD in your coin wallet software but you can hold nubits and since they are pegged to USD you are essentially holding USD in your cryptocurrency wallet.

That said, when Bitstamp opens its doors again, I will sell some of my NBT for BTC, transfer those bitcoins to Bitstamp and buy USD. Nubits changes the paradigm of what happens when an exchange goes offline. Previously, those who wanted to sell BTC would rush into exchange and sell their coins immediately when the exchange comes online. The latter would surely cause the price to drop since many people are selling at once. Now, with the help of nubits, you don't need to wait for the exchange to come online in order to sell your BTC for something that is not volatile.

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jaberwock
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January 07, 2015, 12:18:56 PM
 #7

I don't have bitstamp coins.

But if they reopens then I will buy coins.


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January 07, 2015, 12:23:20 PM
 #8

I have a USD balance and some coins there.

I will just log-in and see if everything is ok, and then log-out again.
MultiDice
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January 07, 2015, 12:27:34 PM
 #9

I would suggest to withdraw and deposit only when you have to. I know it's difficult for day traders but better safe than sorry. 

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January 07, 2015, 12:48:21 PM
 #10

Buy as much as I can. U gotta understand their feelings, they just lost $5,000,000 USD, that's more money than you will ever see  Roll Eyes.
Feri22
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January 07, 2015, 01:25:01 PM
 #11

By the way, if you hold any cryptocurrency and wish to sell it for USD, you don't need to wait for Bitstamp to open its doors. You can buy nubits since 1 NBT = 1 USD and when Bitstamp opens its doors you just sell the nubits and buy back BTC, transfer the BTC to bitstamp and get your USD. For example, I need to have a reserve of USD that would not suffer from the risk of BTC volatility but since Bitstamp is offline I cannot buy USD. To remedy that I bought nubits instead and I hold them in my wallet. You can't hold USD in your coin wallet software but you can hold nubits and since they are pegged to USD you are essentially holding USD in your cryptocurrency wallet.

That said, when Bitstamp opens its doors again, I will sell some of my NBT for BTC, transfer those bitcoins to Bitstamp and buy USD. Nubits changes the paradigm of what happens when an exchange goes offline. Previously, those who wanted to sell BTC would rush into exchange and sell their coins immediately when the exchange comes online. The latter would surely cause the price to drop since many people are selling at once. Now, with the help of nubits, you don't need to wait for the exchange to come online in order to sell your BTC for something that is not volatile.

That sounds pretty easy   Smiley
BitCoinNutJob
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January 07, 2015, 01:25:35 PM
 #12

Good time to have fiat in bitstamp IF it reopens you wanna instant buy, the price was at $276 at close and its already higher at other exchanges.  I can see a huge candle incoming.
Dexter770221
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January 07, 2015, 01:31:06 PM
 #13

Do nothing.

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Bananana
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January 07, 2015, 01:32:46 PM
 #14

Withdraw all the BTC and keep it in my wallet..

lunarboy
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January 07, 2015, 02:12:50 PM
 #15

do nothing  Grin
Morecoin Freeman
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January 07, 2015, 02:19:52 PM
 #16

I'm not on Bitstamp but if you are you should BUYYYYY up every sell order in between 276 and 280 of course.

Ask the stranger he knows who you really are.
de3mka (OP)
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January 07, 2015, 02:26:56 PM
 #17

Good time to have fiat in bitstamp IF it reopens you wanna instant buy, the price was at $276 at close and its already higher at other exchanges.  I can see a huge candle incoming.

My thoughts exactly. Originally I wanted to withdraw fiat, but now seeing a price difference it's tempting to use the opportunity and buy. Then sell as soon as the price reaches other exchanges levels.

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okae
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January 07, 2015, 02:51:55 PM
 #18

Withdraw all the BTC and keep it in my wallet..

jaja, thats it!, i dont like any exchange ( maybe because i dont beleive on any of themso thats why i really think like you about all of them.

So my answer is: do nothing Wink


:
I would suggest to withdraw and deposit only when you have to. I know it's difficult for day traders but better safe than sorry. 

+1, be as faster as possible if you need to use their services.

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January 07, 2015, 03:33:38 PM
 #19

I'm not going to do anything, well maybe I'll read about it.
riiiiising
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January 07, 2015, 04:13:26 PM
 #20

Bitcoin can barely go a week without experiencing a major hack. Remember the last time your bank was robbed and they shut down for a week and you weren't able to get any of your cash? Oh? Well, neither can I!

How's 'being your own bank' working out?

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