Topic: My 2,000 BTC is all gone :( - page 7. (Read 9000 times)

apart of all "sexuell orienteded discussion" I'm really think about to put a fix amount of fiat money into bitcoin month by month like you put fiat money into shares/stock month by month as a savings scheme.

I doubt we will see single digit again.

EDIT: But where to store the paper wallets then? Not at home. Maybe a safe deposit box within a bank.

Rassah, did you pay capital gains tax on the $15,000?

Americans and their cars... why not just keep 1000 BTC and stay in the game?

I think "gambling" with bitcoin exchange rate is smarter than, for example, playing satoshidice. With real gambling you are guaranteed to lose, statistically speaking.

+1 congrats 

OK, bit more info.
First, this wasn't a "lucky gamble." Bitcoin prices stabilized by the time I bought, the loan interest rate is 3% (pretty tiny,  accumulating only $450 a year), and it was a risk I could afford. I knew bitcoin would reach the desired price eventually. Even if they crashed a few times until then, all I needed was for them to reach a target price of $22. When buying, I was estimating that this would happen by the end of May. I only got lucky because the price bubbled up, and I got there in ~6 month instead of ~12, but it would've reached there eventually.
Second, yeah, I'm sure just keeping bitcoins would've been a better financial investment long-term, but the car I currently drive is 14 years old with 240,000 miles on it. It's about time for it to retire, and damn if it isn't trying. I'm frugal, so this new car purchase want spur of the moment, but was necessary. Maybe it being all loaded and luxury wasn't, but, hey, that was free  
Third, it takes 2,650 D-Cells. And I didn't buy the car Phin suggested because Smart cars were completely broken when they came out in US, going from 70+mpg diesel to 35+mpg premium gas only. Waste of money.
I don't offer tax services for free, but keep in it Bitcoin and you don't have to pay taxes on it, or sell it for USD and declare it as a capital gain with 15% tax. You can do more, especially if you mine, but...

HAHA, I prefer this one:

http://www.chevrolet.com/new-2014-corvette/

That's a very ugly car...

https://bitcointalksearch.org/topic/sold-300-bitcoins-2007-porsche-cayman-s-8200-miles-143722

Okay we get where you're coming from now. Please go back to your intelligent and heterosexual friends.

right, in the meantime he should have worked to pay back the 15k to his "husband". 

So it's OK to borrow fiat money to buy "bit gold", but it's not OK liquidate "bit gold" to pay back the loan and buy nice things?

wait, he bought a car with bit gold?? how stupid is that!! gold is for saving and not for buying. you have fiat money to buy the necessary things for live.

EDIT: and on the other hand the car looks like very gay!

Gotta love how people don't bother reading beyond the OP even when the thread is only one page...

And for goodness sake, Rassah is a young man - he's not a Baby Boomer who just risked his paltry retirement savings.  I'm not saying it was a smart risk he took, but it's OK to want and have nice things to enjoy now rather than being obsessed with what your bank/Bitcoin balance is going to be at the expense of actually enjoying your life.

Wel  About this

How Much Will that car be worth in 5 years??

How Much Will those BTC be worth in 5 years??

I think you made à big long term mistake to satisfy Your short term needs with everything you own to lose over some stupid Brick on wheels but hè .. People like you Will get my long term rich guy..

Cheerz ...!!!

Oh, I see.....

Also, being the finance expert in the household, would you mind offering a tax advice applicable to people who bought low, sold high, and purchased goods with fiat?

i don't understand why people store large amount of bitcoins in hot wallets?? for saving. make always paper wallets. one paper wallet loaded with 10 BTC. you can print out up to seven paper wallets on a piece of paper. the side back another 7 paper wallets. where is the problem??

www.bitaddress.org

A friend of mine had her Android stolen last weekend. It had 1 BTC on it.

The thieves will be hooked as soon as they discover it. If they don't know about it yet.


Sorry about your loss.

ITT: Attention-grabbing title to brag about an irresponsible gamble.

Nice wheels