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Poll: How many Bitcoins do you own?

news.ycombinator.com

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Re: Poll: How many Bitcoins do you own?

#111

Post by Lerc »

dan1234 wrote: post #4

The last time my interest was piqued I found it so difficult to buy them in the UK (looked like the best way was to wire some money so someone in France…) that I gave up.

I found the practice of getting money to a place where you can buy bitcoin was an excellent lesson in the utility of bitcoin.

I'm a New Zealander who earns predominantly US dollars, I was an early adopter of bitcoin not as a way to get rich, but because I have been stung for fees so many times.

Nevertheless, despite the fact that I have been prepared to accept bitcoin for two or three years. I have yet to be actually be paid in bitcoin. I request payment in bitcoin, They ask what bitcoin is, I explain, They scream in terror because it's an imaginary drug money ponzi scheme and pay me in something else that stings me with fees (and now, due to new anti-money laundering rules requires more forms of ID than I actually possess)

Re: Poll: How many Bitcoins do you own?

#114

Post by Zoomla »

benmanns wrote: post #12

I think 0-10 is a too large a range. There's a big difference between having $10 worth (~0.07 BTC) and $1500 worth (~10 BTC). The first is what I have, which is basically play money. The latter is a more significant investment.

if bitcoins would ever become the primary world currency, I think you would be doing pretty good either way, even at 0.05 bitcoin

Re: Poll: How many Bitcoins do you own?

#117

Post by codemonkeymike »

I personally own 11.2BTC, Bought in at about $140 with $1000 and after a few crafty trades was able to make my money back and more. Its like a game, BTC go up and down for no predictable reason so you just have to buy low and sell high instinctively, and sometimes your wrong... instinctively

Re: Poll: How many Bitcoins do you own?

#118

Post by rschmitty »

codemonkeymike wrote: post #117

I personally own 11.2BTC, Bought in at about $140 with $1000 and after a few crafty trades was able to make my money back and more. Its like a game, BTC go up and down for no predictable reason so you just have to buy low and sell high instinctively, and sometimes your wrong... instinctively

so like an unregulated market of a single stock?

Re: Poll: How many Bitcoins do you own?

#119

Post by walden42 »

jlgreco wrote: post #101
bergie wrote: post #98

Earlier quoted context omitted.

There are several bars and restaurants in my neighbourhood that accept BitCoin, so I'm happy to have some for day-by-day use. Especially as most places in Berlin don't accept cards

There are a few things I could use bitcoin for, but not enough for me to bother using bitcoin instead of other currencies right now. I hope that changes soon though.

In this early stage, the point is to support an idea you agree with and help it grow. It can't change "soon enough" without the initial users.
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