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Topic: How long do you hold your bitcoins? (Read 2227 times)

hero member
Activity: 546
Merit: 500
April 04, 2013, 10:29:49 AM
#22
I plan to hold until Bitcoin is fully adopted as online currency or dead. It's kinda lottery ticket stuff that way, losing never hurts  Roll Eyes
Agreed. Though unlike lottery tickets it's a classical black swan bet, as you can't know the odds, the downside is limited and and the upside is unlimited.


Exactly!

Hell, one is gambling by *not* holding bitcoins!
full member
Activity: 210
Merit: 100
April 04, 2013, 10:28:14 AM
#21

Best answer.

I'm considering to sell a percentage of my bitcoins to diversify my assets, but will not do so until a coin is worth around $2500.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
April 04, 2013, 09:44:36 AM
#20
From a miner perspective, or a bullish market player perspective?

I am not sure I understand your question? This does not really have anything to do with mining, and little to do with the bullish market, it is more of a retrospective look at your previous bitcoin actions. However you got the bitcoins in the past, on average, how long did you hold onto them before you sold them/spent them/lost them?
legendary
Activity: 3122
Merit: 1538
yes
April 04, 2013, 01:43:32 AM
#19
That's an alarming amount of cheese lovers on this site.

Don't worry, I also hired software development and paid in BTC; exactly what BTC is meant for. Fast enough, no hassle, no blockades. Will do it again if needed.
hero member
Activity: 812
Merit: 1022
No Maps for These Territories
April 04, 2013, 01:27:21 AM
#18
I plan to hold until Bitcoin is fully adopted as online currency or dead. It's kinda lottery ticket stuff that way, losing never hurts  Roll Eyes
Agreed. Though unlike lottery tickets it's a classical black swan bet, as you can't know the odds, the downside is limited and and the upside is unlimited.
legendary
Activity: 1078
Merit: 1003
April 04, 2013, 12:47:44 AM
#17
That's an alarming amount of cheese lovers on this site.
newbie
Activity: 28
Merit: 0
April 04, 2013, 12:39:03 AM
#16
i've purchased for the long haul.  no brainer for me.  even if we crash down to $1 (not happening) i'll hold and six months later they'll be at $500
legendary
Activity: 1400
Merit: 1013
hero member
Activity: 518
Merit: 500
Manateeeeeeees
April 03, 2013, 09:22:00 PM
#14
Forever, and ever, you'll stay in my wallet and I won't spend you!!!

https://www.youtube.com/watch?v=KtBbyglq37E
full member
Activity: 224
Merit: 100
DigiByte Founder
April 03, 2013, 09:21:04 PM
#13
I'm holding until there is stability or I can afford to buy that private island in the tropics.

How would you convince aborigines chief to give you that island? You show him your paper wallet instead of glass jewelry??
And he say "hmmm fire kindling"
yvv
legendary
Activity: 1344
Merit: 1000
.
April 03, 2013, 09:19:29 PM
#12
I'm holding until there is stability or I can afford to buy that private island in the tropics.

How would you convince aborigines chief to give you that island? You show him your paper wallet instead of glass jewelry??
hero member
Activity: 518
Merit: 500
April 03, 2013, 09:18:41 PM
#11
I'm preparing a website that will show charts of how many bitcoins in the system are being held unspent and how old are they.
full member
Activity: 224
Merit: 100
DigiByte Founder
April 03, 2013, 09:14:01 PM
#10
I'm holding until there is stability or I can afford to buy that private island in the tropics.
+1
member
Activity: 71
Merit: 10
April 03, 2013, 09:13:09 PM
#9
I'm holding until there is stability or I can afford to buy that private island in the tropics.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
April 03, 2013, 08:33:58 PM
#8
I will buy things with my bitcoins.

As for big "sells"...I will some day pay off my house with a small portion of my bitcoins. Hopefully before that happens I can find a mortgage company that will take payments in bitcoins.
newbie
Activity: 48
Merit: 0
April 03, 2013, 08:13:05 PM
#7
From a miner perspective, or a bullish market player perspective?
hero member
Activity: 811
Merit: 1000
Web Developer
April 03, 2013, 08:08:29 PM
#6
If it dies, I would not mind having a piece of history.  If it succeeds, it sure as hell beats a loaded bank account.
yvv
legendary
Activity: 1344
Merit: 1000
.
April 03, 2013, 07:48:35 PM
#5
I plan to hold until Bitcoin is fully adopted as online currency or dead. It's kinda lottery ticket stuff that way, losing never hurts  Roll Eyes

Signed.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
April 03, 2013, 07:46:19 PM
#4
I plan to hold until Bitcoin is fully adopted as online currency or dead. It's kinda lottery ticket stuff that way, losing never hurts  Roll Eyes

Same here. Im holding at least until I can purchase goods and services easily with bitcoin
hero member
Activity: 546
Merit: 500
April 03, 2013, 01:38:20 PM
#3
I plan to hold until Bitcoin is fully adopted as online currency or dead. It's kinda lottery ticket stuff that way, losing never hurts  Roll Eyes

This is the way I have talked about it to people.

They spend money on lottery tickets, when a well timed $5 purchase into bitcoins could achieve a similar end.
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