Topic: What are you doing with your bitcoins? - page 2. (Read 1722 times)
Imho great place to spend bitcoins for everything else is bitmit.net. Today small auction server, tomorrow better than ebay with only 1,9% against 14% on ebay (eb fees + pp fees)
im trying to earn bitcoins where i can by selling stuff for example, and if something i can buy using bitcoins im buying. im just trying to switch to bitcoin where i can and not use fiat money.
hoarding. both of them.
Then I'll mine/trade/invest, and save 59% of the profits.
I'm investing my .35 BTC in altcoins, made a nice profit. If I have enough to buy a better mining rig I will.
I am currently hoarding all 100% of my 0.02008738 btc 
Step 1: Buy BTC
Step 2:
Step 3: Profit!
Step 2:
Step 3: Profit!
hoarding. divided pretty evenly between bitcoin and litecoin at the moment. was 100% litecoin before mtgox started having all the troubles
I ordered a asic the otherday so when that shows up I will start to mine with it. My short term goal is to pay that that one off then I will start to do a couple of things with the coins.
20% will go to investing to stocks
20% will go into cold storage
40% will go into new mining rigs, power for them etc
20% be used to by random things.
20% will go to investing to stocks
20% will go into cold storage
40% will go into new mining rigs, power for them etc
20% be used to by random things.
Investing in new business.
Coins are great, but a good business is better
Coins are great, but a good business is better
Saving them, I like the idea of mining because I can generate bitcoin at a relatively fixed rate once I know my equipment cost and electricity cost, then sit on them in a secure fashion and wait for the bitcoin ecosystem to develop more and benefit from the fixed supply/growing demand dynamic.
trying to get some
just build my first miner yesterday, getting familiar with a couple altcoins and litecoin, will probably mine litecoins mostly, may trade to bitcoins, not sure
just build my first miner yesterday, getting familiar with a couple altcoins and litecoin, will probably mine litecoins mostly, may trade to bitcoins, not sure
Here's my plan.
Buy 1 BTC through MTGox (when/if I get approved).
Trade/mine until I can afford a better miner.
Then I'll mine/trade/invest, and save 50% of the profits.
Buy 1 BTC through MTGox (when/if I get approved).
Trade/mine until I can afford a better miner.
Then I'll mine/trade/invest, and save 50% of the profits.
Use local bitcoins instead, much faster.
Buying alt coins 
I initially bought 10 BTC with the intention of saving them. I ended up spending a few (Bitpay is awesome!). Then I invested a bunch in Cloudhashing (might make some income before my BFL comes in.). Just traded my 1BTC paper note to my brother in exchange for an electric bill payment.
70% are in cold storage for savings
30% are for me to spend in the bitcoin economy...
I've pretty much mentally checked out of USD so I'm really just waiting for the BTC economy to develop to live w/in it completely
We need more entrepreneurs!!
~BE
30% are for me to spend in the bitcoin economy...
I've pretty much mentally checked out of USD so I'm really just waiting for the BTC economy to develop to live w/in it completely
We need more entrepreneurs!!
~BE
Well, I'm brand new to Bitcoin but I figure, if I make the money back on my new video card in 3-4 months, I'll be tempted to buy another and double my hashing power and see how that plays out. If it doesn't work out though, I'll at least have a couple new video cards that I could put to good use. I was in the situation where my old GeForce 9600GT just wasn't cutting it anymore so I bought a Radeon 7790 for mining/gaming. I'm currently dedicating the Radeon to 24/7 mining on an older computer that I also use as an NAS and as long as I see at least some reasonable gains from mining, I'll keep it there.
Trade/mine until I can afford a better miner.
You mean like buying a new graphic card ??
/Homie
Just saving,
I havn't seen anything worth buying with btc yet.
I havn't seen anything worth buying with btc yet.
I've been buying every chance I get. Saving them up. Once in awhile I will gamble or sell a coin or two but that's about it.
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