Author

Topic: Bitcoin to USD (Read 1631 times)

legendary
Activity: 1946
Merit: 1137
March 09, 2015, 08:49:03 AM
#12
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?
i don't think it is a good idea to sell Bitcoin these days unless you are day trading, or need money. since the price is going up and also looking good i doubt you can profit more by dumping BTC
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
March 09, 2015, 04:16:38 AM
#11
Im not too sure about this USD tanking, i would say that it has gone far enough, and i personally wouldn't want to be one of those that are buying at the top,
so maybe it's better just to leave it in BTC for now, ignoring USD value. The possibilities for growth are much more on the bitcoin's side, since it can go many folds up in price
where USD or any other fiat, due to its large cap. can't.

cheers
legendary
Activity: 2898
Merit: 1017
March 09, 2015, 04:14:27 AM
#10
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?

Are you short in fiat money ?  I don't see any other reason to do so  Roll Eyes
legendary
Activity: 889
Merit: 1013
March 09, 2015, 04:12:44 AM
#9
you can't really buy oil.
You can buy oil ETFs. Or binary options.

OP, USD is high, but bitcoin is so volatile if you're out of the game for a few months you can miss everything, so maybe just a little side trade, but I wouldn't go all in.
legendary
Activity: 3206
Merit: 1069
March 09, 2015, 04:02:10 AM
#8
but bitcoin is going up too, better to hold just that instead of doing all that exchange
hero member
Activity: 602
Merit: 500
March 09, 2015, 02:46:55 AM
#7
better hold your btc coz you don't know what happens next..
legendary
Activity: 896
Merit: 1000
March 09, 2015, 02:45:40 AM
#6
Do not forget BTC is going up too, Bitcoin up while dollar up too, it's double profits. You would lose more if you exchange your Bitcoins to USD.
hero member
Activity: 616
Merit: 500
March 08, 2015, 08:31:39 PM
#5
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?

I guess... Or you can buy some cheap oil now, wait till middle east goes up in flames and "civilized world" descends in to the nightmare of war again, devouring huge amount of human and natural resources. I would still keep your BTC though.

you can't really buy oil.

You know, fuel deposits are too expensive and sometimes blow up.

(same thing happens with USD, you usually only gets some figure in the screen saying you has X dollars)
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
March 08, 2015, 08:04:51 PM
#4
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?

You want to lose value?  Roll Eyes
hero member
Activity: 605
Merit: 500
March 08, 2015, 05:39:58 PM
#3
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?

I guess... Or you can buy some cheap oil now, wait till middle east goes up in flames and "civilized world" descends in to the nightmare of war again, devouring huge amount of human and natural resources. I would still keep your BTC though.
sr. member
Activity: 457
Merit: 274
March 08, 2015, 05:37:35 PM
#2
Good idea, but the question is whether the value is set to fall..
sr. member
Activity: 252
Merit: 250
I love bitcoins.
March 08, 2015, 05:13:24 PM
#1
Since USD is going up because of oil, and currencies like CAD and EURO are dropping. From now I'm thinking about exchanging BTC to USD, wait until it drops or until CAD catches up and then change it back. Wat y'all think?
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