So, I have some bitcoins... ...now what?

Lannie25

full member

Activity: 378

Merit: 100

Quote from: Threshold on June 05, 2011, 11:50:42 AM

I am basically wondering what I could do with bitcoins. I don't buy/sell drugs or other illegal stuff. I don't have a big international money exchange need... I don't live in a third world country that doesn't have a stable economy...

...so what now?

I am amused with the idea of the currency, and cryptography has always been an interest of mine -- but so far I don't see an advantage of bitcoins for me.

Is there anything similar to eBay that uses bitcoins? I'd give that a try if it exists...

-Thresh

I thhink you should give your bicoins to.me if you are not really interested or if you dont really need lots of money. Because other people needs it just like me i am engaged to bitcoins for my family. Hahaha

BitCointransfers

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Quote from: Threshold on June 05, 2011, 11:50:42 AM

I am basically wondering what I could do with bitcoins. I don't buy/sell drugs or other illegal stuff. I don't have a big international money exchange need... I don't live in a third world country that doesn't have a stable economy...

...so what now?

I am amused with the idea of the currency, and cryptography has always been an interest of mine -- but so far I don't see an advantage of bitcoins for me.

Is there anything similar to eBay that uses bitcoins? I'd give that a try if it exists...

-Thresh

I suggest you get involved in drug use, trafficking and selling of narcotics immediately to maximize your bitcoin investment

edd

donator

Activity: 1414

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Quote from: Garrett Burgwardt on June 05, 2011, 01:54:13 PM

Quote from: bitcool on June 05, 2011, 01:51:24 PM

Quote from: edd on June 05, 2011, 12:45:05 PM

Quote from: bitcool on June 05, 2011, 11:59:59 AM

A lot of merchants are eager to sell you good and services in exchange for your btc.

https://en.bitcoin.it/wiki/Trade

My favorite: http://bitbrew.net/

Hey, that's my favorite, too!

All three websites are yours? Great job!

The owner/operator of The Bitcoin Sun is anonymous, but AFAIK edd isn't the owner

That's right, I'm just doing my part to promote an excellent Bitcoin publication but I'm not affiliated in any way. BitBrew and The Bitcoin List are mine, though.

Frozenlock

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Quote from: ?? on ??

You need to pick up some fully restored classic arcade games.

Oh-my-god. Do want!

justusranvier

legendary

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Merit: 1013

Quote from: Threshold on June 05, 2011, 02:22:44 PM

That, I suppose, is another problem with bitcoins -- that their value is so unstable that the cost can't just be posted on a site for very long before it isn't what the buyer or seller envisioned.

At some point I plan to make a cron job that updates the exchange rate every five minutes or so automatically. Eventually the volatility will go down if more people start using Bitcoin to buy and sell things rather than speculating.

Threshold

member

Activity: 88

Merit: 10

Gotcha, thanks AbelsFire.

That, I suppose, is another problem with bitcoins -- that their value is so unstable that the cost can't just be posted on a site for very long before it isn't what the buyer or seller envisioned.

kokjo

legendary

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You are WRONG!

you could buy real world computer stuff: https://www.btcdeals.com/

Threshold

member

Activity: 88

Merit: 10

AbelsFire, I couldn't find bitcoin prices on your site. Only USD prices.

Garrett Burgwardt

sr. member

Activity: 406

Merit: 256

Quote from: bitcool on June 05, 2011, 01:51:24 PM

Quote from: edd on June 05, 2011, 12:45:05 PM

Quote from: bitcool on June 05, 2011, 11:59:59 AM

A lot of merchants are eager to sell you good and services in exchange for your btc.

https://en.bitcoin.it/wiki/Trade

My favorite: http://bitbrew.net/

Hey, that's my favorite, too!

All three websites are yours? Great job!

The owner/operator of The Bitcoin Sun is anonymous, but AFAIK edd isn't the owner

frycicle

member

Activity: 71

Merit: 10

You can buy Amazon and Newegg Products from me. Bitcoinredemption.com

CravenEconomics

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Activity: 210

Merit: 10

Quote from: beeph on June 05, 2011, 01:37:49 PM

u can buy options on more bitcoins or use them in dark pools LOL
I clicked on above vendor link and was amused how many financial services/exchanges/derivatives/markets there are for bitcoins relative to how many products u can buy for them.

In reality you will wait for the next hype wave to go out and unload them at a profit (hopefully) to what's known as a 'greater fool'

Please note i am a big supporter of the bitcoin theory and future, but as of NOW they are little more than a gambling tool, it would be foolish to kid yourself otherwise.

http://www.nydailynews.com/news/national/2011/06/05/2011-06-05_silk_road_website_where_illegal_drugs_can_be_ordered_for_home_delivery_must_be_s.html

You can purchase almost anything anonymously...ya as of NOW they are little more than a gambling tool...lulz even more

bitcool

legendary

Activity: 1441

Merit: 1000

Live and enjoy experiments

Quote from: edd on June 05, 2011, 12:45:05 PM

Quote from: bitcool on June 05, 2011, 11:59:59 AM

A lot of merchants are eager to sell you good and services in exchange for your btc.

https://en.bitcoin.it/wiki/Trade

My favorite: http://bitbrew.net/

Hey, that's my favorite, too!

All three websites are yours? Great job!

lacedwithkerosene