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Poll: How many Bitcoins do you own?

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121–128 of 128 posts

Re: Poll: How many Bitcoins do you own?

#122
post #95

Zero. I dislike the idea of using bitcoin for currency speculation, though I look forward to using it for normal transactions sometime in the future when it stabilizes and when buying/selling them on demand becomes more streamlined. Basically I am interested in "bitcoin, the cryptocurrency", not "bitcoin, the investment".

I don't think it will necessarily stabilize due to lack of any intrinsic value.

The best future for Bitcoin is instantaneous on-demand conversion from other currencies.

Re: Poll: How many Bitcoins do you own?

#123

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.

Sorta. If I were to hold 10 it would still be a small percent of my total assets .. mostly comprising various stocks (I don't currently own real estate so I do indeed have some assets rather than debts, lol).

I'm in a position where I can wait for the next massive crash and buy up maybe 10 or 15 as essentially a form of gambling. Because why the fuck not.

Re: Poll: How many Bitcoins do you own?

#124
post #68

Earlier quoted context omitted.

Yep, same here. Recently used https://bitbargain.co.uk (no affiliation at all) to get myself a couple though, and was surprised just how simple it was.

bitbargain certainly seems to be a step in the right direction. I guess being an escrow service allows them to skip a lot of the legal work involved in setting up an exchange. Are their prices set very much higher than the 'going rate' for bitcoins?

Certainly seems to be.

I believe most sellers set their asking price according to the MtGox latest, or just under that figure.

Re: Poll: How many Bitcoins do you own?

#125
post #65

I have 1 BTC I really love the idea of using it and if a had a easy and consistent way of getting it i would use it for most of my online transactions. As it stands now it's incredibly hard to find someone selling BTC unless you're willing to mail a copy of your ID over the internet something i would never do.

What's wrong with Coinbase? I'm genuinely curious, I had no idea that people have issues buying and selling it, since I've only ever used Coinbase.

Besides the fact that it only work in the US nothing. It doesn't even have an option for GBP.

Re: Poll: How many Bitcoins do you own?

#126
post #66
post #52

Zero here. I don't own any bitcoins for the same reason I don't own any British pounds or Russian rubles: no reason to.

It's not quite like investing in cash because it has far higher potential returns (and a lot more risk).

It amuses me how the answer to "is Bitcoin a currency?" changes depending on which answer is good or bad.

Re: Poll: How many Bitcoins do you own?

#127

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?

Yeh like trading on the OTCbb
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