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Topic: MAX BTC VALUE - page 2. (Read 1565 times)

hero member
Activity: 518
Merit: 521
March 24, 2013, 08:57:23 AM
#8
Instead of using BTC as an investment, why not use BTC as a currency and use it to pay for for services, goods, and so forth?
The fact that you can wait for a spike and purchase something for a fraction of what you'd pay in USD is pretty amazing.

http://bitcoin.stackexchange.com/questions/8639/how-can-bitcoins-be-used-for-daily-currency-if-their-value-changes-erratically/8647#8647
full member
Activity: 183
Merit: 100
200 OK
March 24, 2013, 08:37:14 AM
#7
Instead of using BTC as an investment, why not use BTC as a currency and use it to pay for for services, goods, and so forth?
The fact that you can wait for a spike and purchase something for a fraction of what you'd pay in USD is pretty amazing.
hero member
Activity: 812
Merit: 1000
March 24, 2013, 07:47:22 AM
#6
full member
Activity: 164
Merit: 100
March 23, 2013, 07:55:38 PM
#5
Never.  Hold on to them until they are mainstream and then use them for purchases directly.

wow.. great idea.. never thought about that!
legendary
Activity: 3472
Merit: 4801
March 23, 2013, 04:10:48 PM
#4
- snip -
Whats a good time to sell ?
- snip -

Either:

When you need the AUD to make a purchase.

or

Never.  Hold on to them until they are mainstream and then use them for purchases directly.
full member
Activity: 164
Merit: 100
March 23, 2013, 03:26:13 PM
#3
I think it is good to buy in the uptrend and sell in the downtrend. It is unlikely to buy in min price and sell in max price. But it should be possible to ride a trend. Sometimes the best strategy is not to do anything. Those who invested at $32 before the crush of 2011 and didn't do anything, are still in profit Smiley
newbie
Activity: 14
Merit: 0
March 23, 2013, 01:52:12 PM
#2
It is impossible to know, the currency itself can support high values or low values. It doesn't really matter long as it is relatively stable.
newbie
Activity: 14
Merit: 0
March 23, 2013, 01:43:34 PM
#1
Wish I could post in the other threads and pose this to BTC vets.....

BTC were previous all time high at 30. Now I've seen as high as 72AUD = 70USD aprox. They are droppin hard (well did for 1 hr) not they are stabalizing. What are the vets experiences or thoughts ? Whats a good time to sell ? I got mine at 46AUD
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