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Author Topic: What to do with a few bitcoins  (Read 1648 times)
stepkrav (OP)
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July 31, 2012, 10:02:59 AM
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Hello i am new around here. I've got some bitcoins, primarily to learn how stuff work. The question is what to do with a few bitcoins. I am not interested in buying something, i mean goods. Should i just watch closely the exchange rates, and make micro-exchanges with other people to gain some profit? Should i pick some shares from promising mining operations on glbse.com? Should i invest my few bitcoins in a Savings and Trust - like business ? (although having few bitcoins doesnt allow me to join the famous BST pirateat40's risky business)

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albertdemorcerf
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July 31, 2012, 02:04:24 PM
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play with your coins!
Blazr
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July 31, 2012, 02:14:14 PM
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Send them to me

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July 31, 2012, 02:32:12 PM
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Hello i am new around here. I've got some bitcoins, primarily to learn how stuff work. The question is what to do with a few bitcoins. I am not interested in buying something, i mean goods. Should i just watch closely the exchange rates, and make micro-exchanges with other people to gain some profit? Should i pick some shares from promising mining operations on glbse.com? Should i invest my few bitcoins in a Savings and Trust - like business ? (although having few bitcoins doesnt allow me to join the famous BST pirateat40's risky business)
Please remember that day-trading is negative-sum; that is, excluding the exchange, on average people lose.
bitcoinraffle.co
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July 31, 2012, 02:49:47 PM
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I recommend buying raffle tickets.  Grin

50/50 Bitcoin Raffle!: 20 BTC Prize (50% to winner, 50% to winner's favorite charity), 0.01 BTC Tickets!
John (John K.)
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July 31, 2012, 03:00:05 PM
 #6

Hello i am new around here. I've got some bitcoins, primarily to learn how stuff work. The question is what to do with a few bitcoins. I am not interested in buying something, i mean goods. Should i just watch closely the exchange rates, and make micro-exchanges with other people to gain some profit? Should i pick some shares from promising mining operations on glbse.com? Should i invest my few bitcoins in a Savings and Trust - like business ? (although having few bitcoins doesnt allow me to join the famous BST pirateat40's risky business)


Dividing them out on GLBSE shares would do the trick. Try throwing the bulk of it in a reputable mining operation for safe returns, and probably invest a small part in BST just for the lulz.  Wink
inescapabledoom
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August 01, 2012, 12:58:58 AM
 #7

Just don't lost it in those gambilng sites.
I've spent several hours testing the real probability
and those places cheat like crazy!

Micro exchanges sounds fun.



This was a 'spam' post to get my count up so I can post my one and only single contribution to this site in a thread for BFL orders.

I think I have 5 already, so this is just fluff.
Garr255
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August 01, 2012, 02:42:13 AM
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Put them in deep savings and forget about them for 5 years. You will either be pleasantly surprised or wonder wtf Bitcoins are.

Definitely a good thing to do.

Mining is still the most reliable BTC investment.

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vagina
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August 01, 2012, 02:59:16 AM
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How few is few? I recommend a PPT.
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August 01, 2012, 03:41:51 AM
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Take a look at some of the great depositing opportunities from 1% to 6.9% weekly.

VeriBlock: Securing The World's Blockchains Using Bitcoin
https://veriblock.org
Jumbalya
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August 01, 2012, 03:47:17 AM
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Buy some weed on Silk Road.
Rockefoten
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August 01, 2012, 06:06:11 AM
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As has been suggested, I'd go investing on the GLBSE...but be careful!  Wink
stepkrav (OP)
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August 01, 2012, 08:31:20 AM
 #13

thanks for the answers. What's "deep savings" and "PPT"? examples?
Blazr
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August 01, 2012, 02:30:51 PM
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What's "deep savings"?

He means save them for a couple of years as they should be more valuable then due to deflation

and "PPT"?

PPT means Pirate Pass Thru. A user on the forum "pirateat40" has a savings scheme which pays 7% per week interest, however, you need to have a large number of Bitcoins to participate. You can however, join a PPT, which allows you to put money in an account someone has with pirate. BitcoinMax (run by user Payb.tc) pays 6.9%. There are other PPT that are partially insured against a default by pirateat40 as well.

Robertorai
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August 01, 2012, 02:53:41 PM
 #15

Possible to donate to charity ? if its only a few ?
dave
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August 01, 2012, 02:57:37 PM
 #16

You could donate them to the original "Alpaca Socks for Bitcoin" folks.  (aka me)

I just updated our site to automate the ordering process (instead of requiring emails back and forth).  It's still a bit clunky, but it gets the job done and will allow us to improve our responsiveness to customers. 

http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html
Sherkel
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August 01, 2012, 03:00:26 PM
 #17

Instead of advertising my own sites (none of which I have) I'll suggest either putting it in a security or something similar (BitcoinMax pays a straight 6.9% a week which is nice) or if you're feeling more brave, investing in LTC, which seem to be steadily rising in price.

What do you get when you cross dominoes and The Matrix?
<A dominatrix!>
Robertorai
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August 01, 2012, 03:03:33 PM
 #18

You could donate them to the original "Alpaca Socks for Bitcoin" folks.  (aka me)

I just updated our site to automate the ordering process (instead of requiring emails back and forth).  It's still a bit clunky, but it gets the job done and will allow us to improve our responsiveness to customers. 

http://www.grasshillalpacas.com/alpacaproductsforbitcoinoffer.html

Or you could give them to me since Intersango have had £100 of my money since the27th and no CLEAR idea from them when/if I'll get my cash/BTC Sad
Robertorai
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August 01, 2012, 04:24:07 PM
 #19

Ouch

Nice pic btw Kiss
tristian1980
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August 01, 2012, 07:59:20 PM
 #20

Save them for better times.
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