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Author Topic: My first Bitcoin , what now ?  (Read 3455 times)
deepestfear
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March 04, 2015, 09:32:21 AM
 #41

Make sure you don't lose that btc. Work hard to build out your stash. Avoid online wallets unless it is small amounts to spend. Good luck.

Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Madness (OP)
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March 04, 2015, 09:33:04 AM
 #42

For me , I'm spending some bitcoin on fun needs ( like buying COC gems)
I'm also spend some on buying smartphone and watch cinema alone ( still single till now  Cool )
and for the rest , I will keep it up until bitcoin reach $ 1000 or more ( I hope so )

I'm ever spend it on trading and gambling but all end with loss .... Sad

Sounds cool , for Clash of clans gems , there is any website to buy them directly using Bitcoins ?
or you simply buy iTunes/Google Play Gift card using Bitcoin from Gyft then redeem it and buy the gems ?

~ Madness

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March 04, 2015, 09:34:36 AM
 #43

Your plugin sounds nice! Setting up a faucet provider and coinbuffer site like faucetbox or microwallet might be a nice way to earn too!

Investing in an exchange and shift btc to alts and back could get you profit too, buy high sell low and see your btc grow. Might be the other way arround, but that is why I am not a good daytrader Tongue

izanagi narukami
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March 04, 2015, 09:36:21 AM
 #44

For me , I'm spending some bitcoin on fun needs ( like buying COC gems)
I'm also spend some on buying smartphone and watch cinema alone ( still single till now  Cool )
and for the rest , I will keep it up until bitcoin reach $ 1000 or more ( I hope so )

I'm ever spend it on trading and gambling but all end with loss .... Sad

Sounds cool , for Clash of clans gems , there is any website to buy them directly using Bitcoins ?
or you simply buy iTunes/Google Play Gift card using Bitcoin from Gyft then redeem it and buy the gems ?

~ Madness

I'm also looking any website that can accept bitcoin for purchasing COC's gems

For now , I'm buying gems using CC

Smiley
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March 04, 2015, 09:38:39 AM
 #45

Hello,

Alright , once I did about 0.8 BTC but ended up using them all . which I decided to not do anymore (let me know if it's the wise thing to do right now or not ) .
Now I have about 1.2 BTC which are full profit (Signature compaigns , Digital goods selling ,etc ...) because I never buy Bitcoin and only earn them . (two months btw) , Still not sure what I should do with them , should I keep holding them since the price seems like rising lately and keep making more Bitcoins ? Note I'am 18 years old and I have nothing to lose if I hold them , I don't pay any bills , food or anything .

Simply drop your suggestions below and no trolling please . Open discussion Wink

~ Madness

I suggest that you make a super secure paper wallet, seal it, load it with exactly 1 BTC. Promise your self never to sell in 10 years (no matter what).
Keep the remaining 0.27439918 in your hot wallet so you have some funds to play around with.

Cryptography is one of the few things you can truly trust.
Madness (OP)
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March 04, 2015, 09:39:41 AM
 #46

Your plugin sounds nice! Setting up a faucet provider and coinbuffer site like faucetbox or microwallet might be a nice way to earn too!

Investing in an exchange and shift btc to alts and back could get you profit too, buy high sell low and see your btc grow. Might be the other way arround, but that is why I am not a good daytrader Tongue

THanks for the support mate , give that thread a bump if you feel like :p
for Alts , I know it could be profitable but a BOT is needed for that , like .. a smart BOT to do all those things and see when it goes UP and down etc ... otherwise I don't see how it could be profitable unless I'am near PC 24/7 .

~ Madness


For me , I'm spending some bitcoin on fun needs ( like buying COC gems)
I'm also spend some on buying smartphone and watch cinema alone ( still single till now  Cool )
and for the rest , I will keep it up until bitcoin reach $ 1000 or more ( I hope so )

I'm ever spend it on trading and gambling but all end with loss .... Sad

Sounds cool , for Clash of clans gems , there is any website to buy them directly using Bitcoins ?
or you simply buy iTunes/Google Play Gift card using Bitcoin from Gyft then redeem it and buy the gems ?

~ Madness

I'm also looking any website that can accept bitcoin for purchasing COC's gems

For now , I'm buying gems using CC

Yeah I gues sit's impossible tho Shocked since Gems cannot be transfered , so only possible thing is to buy from Google or iTunes .

~ Madness

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March 04, 2015, 09:41:09 AM
 #47

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.
Madness (OP)
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March 04, 2015, 09:42:48 AM
 #48

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

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March 04, 2015, 09:48:44 AM
 #49

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

Haha.. Dont you have a safe or something like that you can keep it in?
Or a bank box to have it in with other valuable items.

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March 04, 2015, 09:52:02 AM
 #50

Hello,

Alright , once I did about 0.8 BTC but ended up using them all . which I decided to not do anymore (let me know if it's the wise thing to do right now or not ) .
Now I have about 1.2 BTC which are full profit (Signature compaigns , Digital goods selling ,etc ...) because I never buy Bitcoin and only earn them . (two months btw) , Still not sure what I should do with them , should I keep holding them since the price seems like rising lately and keep making more Bitcoins ? Note I'am 18 years old and I have nothing to lose if I hold them , I don't pay any bills , food or anything .

Simply drop your suggestions below and no trolling please . Open discussion Wink

~ Madness

[joking]
Register an account on Bittrex and/or Poloniex and get involved in pump and dumps. Shortly you can restart your quest for putting together you first 1 BTC again. Guaranted renewable thrill Smiley.
[/joking]
mishax1
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March 04, 2015, 09:53:25 AM
 #51

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

You can make yourself a vanity address and print the keys with their QR codes ( OFFLINE of course) and also make a copy to a small disk on key only for bitcoin purposes.  
Madness (OP)
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March 04, 2015, 09:54:48 AM
 #52

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

Haha.. Dont you have a safe or something like that you can keep it in?
Or a bank box to have it in with other valuable items.

I'am using an Offline wallet at the moment , I guess it's the safest thing I can think of .
you mean Bank deposit boxes or whatever their names is ? not sure if we have that here , I made 18 years old last January (18 is needed to make a bank account) .. and too lazy to go and open bank account Shocked also I have to look for a Bank that dosen't give me interest when I deposit because interest is against my religion too Grin

~ Madness

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

You can make yourself a vanity address and print the keys with their QR codes ( OFFLINE of course) and also make a copy to a small and cheap disk on key only for bitcoin purposes. 

Going to try that , thanks for the useful link dude

~ Madness

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March 04, 2015, 09:56:52 AM
 #53

forgot a link to a qr code generator - http://free-qr-creator.en.softonic.com  
Hamuki
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March 04, 2015, 09:59:33 AM
 #54

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

Haha.. Dont you have a safe or something like that you can keep it in?
Or a bank box to have it in with other valuable items.

I'am using an Offline wallet at the moment , I guess it's the safest thing I can think of .
you mean Bank deposit boxes or whatever their names is ? not sure if we have that here , I made 18 years old last January (18 is needed to make a bank account) .. and too lazy to go and open bank account Shocked also I have to look for a Bank that dosen't give me interest when I deposit because interest is against my religion too Grin

~ Madness

I remember I was very excited when I had 1 whole BTC, the anticipation up to it was gratifying. Congrats to you!  Cool

1 bitcoin is not a lot these days. If you spend it on something nice, you'll end up with fraction of a bitcoin again. If you want to make this 1 bitcoin special, make a paper wallet and write "My First Bitcoin" on it. Make yourself not want to spend it.

I was planning to do that , but believe or not .
I'am afraid that I will screw up and eventually not find my BItcoins on the paper wallet (yes paranoind little bit ... or a lot Shocked )

~ Madness

You can make yourself a vanity address and print the keys with their QR codes ( OFFLINE of course) and also make a copy to a small and cheap disk on key only for bitcoin purposes. 

Going to try that , thanks for the useful link dude

~ Madness

Seriously?
What are you allowed to do?

Then there must be banks that follow islam like you do and will be able to help you.

Why is a bank that gives intrest not allowed?
Its not gambling, stealing or anything else illegal.

steven.G999
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March 04, 2015, 10:04:15 AM
 #55

Hello,

Alright , once I did about 0.8 BTC but ended up using them all . which I decided to not do anymore (let me know if it's the wise thing to do right now or not ) .
Now I have about 1.2 BTC which are full profit (Signature compaigns , Digital goods selling ,etc ...) because I never buy Bitcoin and only earn them . (two months btw) , Still not sure what I should do with them , should I keep holding them since the price seems like rising lately and keep making more Bitcoins ? Note I'am 18 years old and I have nothing to lose if I hold them , I don't pay any bills , food or anything .

Simply drop your suggestions below and no trolling please . Open discussion Wink

~ Madness

two months to get that much you smart enough to look for a free bitcoin Smiley
I have already so long playing bitcoin, not like you Smiley

let me know if you have a good land for looking freebitcoin Cheesy
Madness (OP)
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March 04, 2015, 10:05:15 AM
 #56

@Hamuki It's deeper & more complicated then you think , don't have the needed english knowledge to really explain it how it should be , you should search for it to know more Grin
Yeah , just found one Islamic Bank , I may go for it .

~ Madness

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March 04, 2015, 10:11:56 AM
 #57

The answer is in your side advertising... It says everything...
As you have stated that you have earned them and it took two months, just think how hard it was earning them...

So, according to me, you should just save it to yourself until the price of BTC goes to a million, yes I mean it, a million...
Some will say that it's a troll, but many big boys have said that and I think as this one's your first one, you should definitely save it to yourself, that too not in your online wallet but send them to a paper wallet and put them somewhere in a safe place, as having them in wallet will just remind you to either spend 'em all or invest/gamble 'em all somewhere to increase them... Wink

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March 04, 2015, 10:15:09 AM
 #58

Do something irresponsible, like gamble it on one of the bitcoin casinos Cheesy
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March 04, 2015, 10:17:57 AM
 #59

@Hamuki It's deeper & more complicated then you think , don't have the needed english knowledge to really explain it how it should be , you should search for it to know more Grin
Yeah , just found one Islamic Bank , I may go for it .

~ Madness

OKay...

Well..

I am going to start later today and look for a new investment.
Want me to PM you if I find something?

I do under 0.10 BTC investments too see if the coin is worth investing it.. And if it is..  I get even more into it Tongue

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March 04, 2015, 10:18:45 AM
 #60

Do something irresponsible, like gamble it on one of the bitcoin casinos Cheesy

If you read above then you can see that he is muslim and does not gamble or has any intention of using his money inresposible.

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