Topic: How much money do you have? (Read 1648 times)

Good thing Bitcoin is used for cooking high-grade meth; otherwise your post would be irrelevant
 

This:

∞ BTCitcoins

Not enough

Perhaps the poll should be two parts:
a) how much money do you have
B) how old are you

Well, I took pretty much all I had in BTC when price was at around 200$.  I could have made much more though, as I did a lot of day trading, winning big money, losing big money, to come at about the point I started with!  I sold a few time to catch up a few days later (at loss) when I saw that the "bubble" didn't want to pop.  But I prefer to say that I also could have lost a lot more, and I stopped at about the right time.

Although I continue mining coins at 3.54GH/s (array of custom FPGA design).  I remember those days where the mining profit calculator was telling me 1000$/months (with less hashing power).  Up to 2 weeks ago, I still was at 500+$/months.  Now it's barely telling me 300$/months, the difficulty will raise again in a few days, and the BTC price is melting   Yet, I burn approx 41$/months in electricity, so I still have a margin   If this BFL single could just arrive now...  But, however, when I used to pop a BTC per 3 days (with less processing power), I now only pop a BTC per 9~10 days...

So, I still make some BTC, but tend to cash out regularly, like once per month.  I don't hoard anymore.  If I would have had a few K$ worth of BTC, the story would be different, but now, with less than 250~500$ worth, and the price that don't increase much, what is it worth to keep BTC and hope it raises 20% in a week.  That would give me 50$ (assuming I had 250$ worth of BTC), when I would make that 50$ anyway by mining in that timeframe.

Well, it's not such a bad strategy after all, considering that I would have lost more holding to BTC than exchanging regularly for fiat.  Really sad days for Bitcoins

STAX ON STAX ON STAX.

More or less all in on Bitcoin...

in before Over 9000!

BTC success story! Do you still have anything in Bitcoin, or plan to get back in at any point?

Well, invested around 3K$ in BTC, pulled out about 13K$, plus a few things I bought, like a BFL SC I'm still waiting for (that was 1.3K$)...  So I made about 10K$ (net) in fiat.  I put most of it in RRSP and savings, to buy a house and plan some extras (vacation in the south with my little family)   I have about 10K$ in savings now...

Seems most people have about $1k-50k

yeah it certainly wasnt legal so I wont be talking about it here but damn it's fucking hard to rent an apartment without a real job, maintain a bank account (i dont) and overall you have to adjust a lot of things you do in your life. I have the money to buy any car I want but I don't because that wouldn't be smart.

I'm gonna go with a drug dealing miner.

And how was that? Do tell.

Just cash, not BitCoins.

i moved out at 18. parents thought I was going to college and had no idea I had stacks of hundred dollar bills in my room. I just got up 2 months before college started (was already accepted, forms filled out, had a roomate) and left.

i could of moved out when I was 16 but with no proof of income or anything to tell my parents that wouldnt of gone over well. it didn't when I moved out at 18... they still have absolutely no idea where I moved or how I got my money.

Obviously the speculation forum is filled with millionaires.  

Are you asking how much USD I have that I could spend on Bitcoin or the USD value of the Bitcoin I hold?

How much cash do you own? Not value of your house, but real cash. Anyone got saved up for investing? Or we all broke and borrowing? Who's actually got money to invest in bad economy?