Stupid that there is no "0 - but I have none of the simplistic opinions the poll writer provided"
0-4.999 includes zero so I figure that's the 'Zero. Just zero. No comment. Just plain old nothing'
Poll: How many Bitcoin do you own?
111–120 of 166 posts
Re: Poll: How many Bitcoin do you own?
#112I'm gonna be ultra simplistic:
539 said they own bitcoins
205 want to
404 said no way, bubble
Re: Poll: How many Bitcoin do you own?
#113What if I got 4.9999 bitcoins? It doesn't fit in any of the slots. I think this case statement is huge fail.
Re: Poll: How many Bitcoin do you own?
#114You need one more category "0 - carries a stigma (used by drug dealers, pornographers, etc.)"
Really?! $300 billion worth of drugs is moved each year using "traditional currency". Oh and also, silk road was shut down, and the price doubled. Judge the tech on its features and potential, not who uses it.
Really. Given that Gross World Product was 72 trillion dollars[1] last year, only 0.4% (by price) of all global trade for goods and services was illegal drugs.
Re: Poll: How many Bitcoin do you own?
#1150.000001 I withdrew my funds from Mt Gox over a month ago. Still waiting for it to arrive back in my account. The price of bitcoins has risen significantly since :(
I had been waiting 4 months for my withdraw -- just email their support and ask them to cancel the transaction. They were able to do so for me today, and I can now trade them again (and transfer them out as BTC anywhere).
Re: Poll: How many Bitcoin do you own?
#116In 2010 I chose an amount of money that I wouldn't feel too stupid about spending on a silly web lark. That was $30, and the price was $1. It took me a week to get them, during which the price hit $4, so I got 7. It's quite possible (/likely?) it goes to 0 at some point but I still think of it as a $30 option with an uncapped upside.
And that's the point - the exchange rate has no underlying fundamental except supply is limited and demand is unpredictable. If you're unsure whether you should get some, choose a figure you don't care about and just buy some tiny amount. You might get 0.01 btc but you won't care if it goes down and you will if it goes up.
Admittedly I'm not sure I'd follow my own advice because the price always seems insane. $280? Madness. But much easier than getting emotionally invested in the whole mining route, which for the majority is destined to fail since you have to be on the leading edge of performance to make anything.
If I were to do it now I'd probably buy a tiny amount now and a bit more if it drops a lot. No amount I'd care about.
I've tucked mine away, took it off mtgox ages ago and no wallet on my computer. Don't care if it hits 0, it was only $30 anyway. It's either a new thing or a bubble, but this feels less stupid than a lottery ticket.
Re: Poll: How many Bitcoin do you own?
#117You need one more category "0 - carries a stigma (used by drug dealers, pornographers, etc.)"
Nowadays, that'd be a pretty decent characterization of many physical currencies as well. Case in point: Most US $100 bills circulate in the black market. Most paper currency circulating in the USA has traces of cocaine on it.
True. Trading in a physical currency also carries a stigma.
But don't confuse physical currency with fiat currency.
Electronic transactions, direct deposit, wire transfers, credit card payments, etc., denoted in fiat currencies are the norm.
The reason Bitcoin and physical currency carry a stigma is both can be spent or received anonymously: which is perfect for illegal transactions.
Re: Poll: How many Bitcoin do you own?
#118Re: Poll: How many Bitcoin do you own?
#119The last time someone did this, they mistakenly used "0-5 BTC" as the lowest cutoff. You've made the same mistake. There should be "0-0.25", "0.25-0.5", "0.5-0.75", "0.75-1", "1-2", "2-3", "3-4", and "4-5". Extra poll options are better because now we've lost valuable information at the low end. In 20 minutes, 65 people say they own 0-5 BTC. That's anywhere from $0 to $1385. That's a massive range. We now have no ide…
Last I checked, I owned $0.25 worth of bitcoin.
Where's my "just here to say I bought bitcoin before it was cool" option?
Re: Poll: How many Bitcoin do you own?
#1200 but I don't fit in any of the given 0 categories.
Didn't notice it as a phenomenon early enough to start mining with desktop and laptop CPUs and GPUs. Can't afford mining ASICs. Would not buy as, not only can I not afford it, I also don't speculate on foreign currency (though I realize that virtual currencies are a special case). So until Bitcoin gains ubiquity I ain’t likely to come into ownership of any. So 0 now and into the foreseeable future.
It's not a foreign currency. Think of it like gold. I rather think of myself as a human than as a . Gold is mine, and so is Bitcoin.