Topic: How much money have you spent on Bitcoin? (Read 3122 times)
In soviet Russia, bitcoin spends money on you.
I've spent 100 dollars so far, should I continue buying BTC? 
4Remember that Bitcoin is an experiment and do not invest what you can't afford to lose.
Around $3-400
Total money spent exclusively for bitcoins: ~$350, 2x BTL jalapenos, but I wont get them til nov/dec I suspect.
other spending:
1x6870 on my fileserver which I bought with old mined bitcoins [Thanks to btcbuy!]
Sold my GTX570 to a friend for $180 and got myself a 7950 for $350. [-$170]
bought another 7950 for $330.
so totally $330 + $170 = $500 on gpus.
Why dont I call them spending? because I use those GPUs for gaming when not mining, so technically not exclusive investment in btc
other spending:
1x6870 on my fileserver which I bought with old mined bitcoins [Thanks to btcbuy!]
Sold my GTX570 to a friend for $180 and got myself a 7950 for $350. [-$170]
bought another 7950 for $330.
so totally $330 + $170 = $500 on gpus.
Why dont I call them spending? because I use those GPUs for gaming when not mining, so technically not exclusive investment in btc
Only 150$ for buying and app. 3000$ for mining equipments.
Don't call that an investment, IT IS GAMBLING.
Check the definition of Expected Value or EV, as in poker.
regs!
Check the definition of Expected Value or EV, as in poker.
regs!
About € 1500.
But i sold about € 4000.
I don't mine or run ponzi's, which seems to be in fashion here.
I play satoshidice all the time and sell winnings or put them in GLBSE assets.
I play with online wallets on my cellphone when i'm not in reach of a wifi
and when i'm in reach of a wifi i play satoshi with bitcoin Qt, multibit and electrum.
I have a tendency to divide my coins in different wallets, in case something goes wrong with one of them i don't loose everything. Also because i'm curious in development of user-friendly lite clients.
I must have extracted a few hundred coins over 6 months with a growing average of 100 to 500 bets a day.
I lost 56 on the first day though. It was my 2nd bet ever! hear me out:
I place 54 coins on 97%, i got back 56 or something...
THen i placed 56 on 97% and.... FACEPALM!
Today i extracted 35 BTC, but i had a day off and didn't even leave the house.
On an average day i'm happy with 5.( HAHA FU miners!)
I've never been a gambler but i'm kind of hooked to satoshi, it's not really gambling, it's manual mining.
(i keep telling that to myself)
can someone write a bot for me so i can has my life back please?
But i sold about € 4000.
I don't mine or run ponzi's, which seems to be in fashion here.
I play satoshidice all the time and sell winnings or put them in GLBSE assets.
I play with online wallets on my cellphone when i'm not in reach of a wifi
and when i'm in reach of a wifi i play satoshi with bitcoin Qt, multibit and electrum.
I have a tendency to divide my coins in different wallets, in case something goes wrong with one of them i don't loose everything. Also because i'm curious in development of user-friendly lite clients.
I must have extracted a few hundred coins over 6 months with a growing average of 100 to 500 bets a day.
I lost 56 on the first day though. It was my 2nd bet ever! hear me out:
I place 54 coins on 97%, i got back 56 or something...
THen i placed 56 on 97% and.... FACEPALM!
Today i extracted 35 BTC, but i had a day off and didn't even leave the house.
On an average day i'm happy with 5.( HAHA FU miners!)
I've never been a gambler but i'm kind of hooked to satoshi, it's not really gambling, it's manual mining.
(i keep telling that to myself)
can someone write a bot for me so i can has my life back please?
Are you telling me you doubled your money with Satoshidice? I don't understand how that is possible with that many bets, if you played infinite bets you would have 2% less money than you started with.
just pre-ordered a pair of BFL Jalapenos. What's another $312 in credit card debt when I just signed the papers for a $300k mortgage?
I spent so much on them, I figured I'd be better off buying hardware. Now I have purchased a butterfly single, and pre ordered a jalpeno. I have a 6950 in one of my compys, and a spartan 6 on the way. sheesh.
I put $100 in, have taken about $400 out, some as cash and some as Amazon gift credits, which I use to keep my Kindle full.
Whoo at least $1,000 so far
I've spent 100 dollars so far, should I continue buying BTC?
I initially spent $100 a year or so ago. It's worth $300 now.
over 1000$ ftw
Wow, I've spent $35,000 on bitcoins so far but I feel like I'm small-fry.
I decided at the beginning to loan myself money for some 5830's to get started, pay them off with mining profits, and bootstrap up from there. Now that mining is no longer profitable (for me) I've sold the cards and bought BTC with the cash. I've probably paid an extra $1500 in utility bills since I started, and now I've got a little under 200BTC plus some items I've bought w/ BTC over the past year.
My strategy going forward is to only spend "found" money on BTC... cash I didn't earn from working my regular job. If I sell off some old equipment, get an unexpected gift or refund, etc. I'll convert the cash to BTC.
My strategy going forward is to only spend "found" money on BTC... cash I didn't earn from working my regular job. If I sell off some old equipment, get an unexpected gift or refund, etc. I'll convert the cash to BTC.
This is a good strategy....although in my case, i'll probably split "found" money between BTC acquisition and debt reduction.
Probably around 1-200$.
I am a beginner with the whole bitcoin thing, but it is a great concept.
I am a beginner with the whole bitcoin thing, but it is a great concept.
Hmm, I have spent about...
· $100 in purchased BTC
· $130 in GPU for mining (Dual purpose for gaming too)
· $163 to BF Labs for a Bitforce SC Jalapeno
Perhaps if I get the Jalapeno I pre-ordered (which seems to have sparked a huge flame war here) I will spend more on ASIC. I'm basically a casual miner for now. I wish I could spend my BTC at Amazon and Newegg directly!
· $100 in purchased BTC
· $130 in GPU for mining (Dual purpose for gaming too)
· $163 to BF Labs for a Bitforce SC Jalapeno
Perhaps if I get the Jalapeno I pre-ordered (which seems to have sparked a huge flame war here) I will spend more on ASIC. I'm basically a casual miner for now. I wish I could spend my BTC at Amazon and Newegg directly!
$700 in GPU's and over $6000 in BFL FPGA/ASIC
I´ve invested in about 180 BTC for Mt. Gox trading.
Some 30 BTC on GLBSE mining assets and 10 on pyramining.
Thinking of upping the ante on BTC.
Some 30 BTC on GLBSE mining assets and 10 on pyramining.
Thinking of upping the ante on BTC.
$700-800 on mining hardware
$100-200 buying BTC (When it was $4 couple months back)
I don't buy anymore. Just mine, and sell. Saving ~15% of what I mine in hopes that it will be worth a small fortune in 10-20 years. Need to sell the other ~85% to pay for bills, food, college.
$100-200 buying BTC (When it was $4 couple months back)
I don't buy anymore. Just mine, and sell. Saving ~15% of what I mine in hopes that it will be worth a small fortune in 10-20 years. Need to sell the other ~85% to pay for bills, food, college.
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