Topic: What is your current BTC situation? (Read 4405 times)

Mining for fun
Will be purchasing as the price comes down (my bet)

Got interested listening to a conversation with Gavin Andresen on a tech-podcast two weeks ago (http://omegataupodcast.net/2011/03/59-bitcoin-a-digital-decentralized-currency/). Bought a little and had been seduced by the rally happening just afterwards. Bought some more and now waiting how the thing is evolving.

Seems it is not the rapid money thing but a long time interesting experiment. Do not plan to buy or sell but to hold.

I've mined some, as well as purchased a little bit.   Bitcoin intrigues me technically, I have no idea whether or not anything will come of it long term, but it's something that I don't want to have regrets later down the road about.

Mining and waiting until I have enough to sell.  I am hesitant to put any actual money in it at this point.  I have about 6 btc from mining so far.  Its just fun for me at this point.  I haven't lost or gained anything really except for a few coins.

Anxiously awaiting the Bitcoins i purchased to come through. Don't really plan on mining.

I got like 0.3BTC I got from one day mining when it was at around $4. 

I'm just sitting here waiting for my Dwolla account to get funded, and it is taking FOREVER.

mostly C, and mining intending to sell rather than holding on to them long term I guess.

Bought 9 BTC at 9.3 USD through http://virwox.com/ as soon as I could about a month ago, just to get some "stake in the game". (USD -> SLL -> BTC). I knew the technology was sound from crypto and ecash discussions back in the Internet bubble, and was just waiting for something to emerge. I've purchased some more through Mt. Gox, and unfortunately bought some right during the run-up to $30, so some of my coins are underwater, but I've always been bullish on the long term, so I'm not worried. However, I'm still learning a lot about trading and trading psychology. I probably should have sold some when it was hitting $30 and the volume was beginning to drop out, I could feel the crash coming.  I also feel that BTC has a tendancy to level at every "doubling plateau" .. i.e. $4 -> $8. I think that the Gawker article (http://gawker.com/5805928/the-underground-website-where-you-can-buy-any-drug-imaginable) spiked attention, and considering the delay in transferring funds through Dwolla / Mt. Gox, I think that the run-up hit right when a bunch of money came online.  I'd like to buy more at this price, because I feel that while it will level for another week, it will then start to rally until it hits the next plateau.That's ignoring any relevant press coverage. I think there is a lot of money sitting on the sidelines waiting for the next "institutional buy", or very large buy which drives the market back up. That's my 0.02 BTC. I'm still under 100 BTC total, and I've got more to invest in time and effort than money at the moment, but as a former software engineer, I'm sure there's an angle, because I think the opportunity is as large as those suggested by the first Internet browser.

Just Mining while I watch the market oscillate... new.. so not gonna buy any... yet.

I got a couple mined ones, but I'm a total pussy about actually putting money into them. I have bad luck.

Bitcoin is like catnip for computer nerds.

I looked into mining, decided not to compete against people who don't amortize their hardware.  I finally got some funds into Mt Gox, and I've been trading the last day or so.  I'm placing orders manually, and using the Bitcoin Exchange Watcher program to alert me on executions.  I'm actually a bit ahead of the game, having made more trading that I lost from the general decline. 

Meanwhile, I experiment with the Mt Gox API, with the idea of writing a bot to trade for me.

Hi,

started mining remotly yesterday result ~ 3BTC atm. Really satisfied with this margin

Owning about 2 B atm

Got into Bitcoin a couple of weeks ago and out of curiosity bought in for a few hundred $. That was about when the price was passing 10 $ on the way up. First it just kept going up and up, but this weekends' drop back down to 10-15 was a bit of a reality check. I still think Bitcoin is a cool idea, and it should probably stabilize in the future (hopefully not too low :-). Swings this huge have to work against all attempts of running a controlled business in BTC.

I've owned btc since 1.17, haven't sold, don't plan to.

Don't really care for anyone to know how much. or anything else really..


Just trying to fill my 'newbie quota'

I plan on taking roughly $500usd and invest in bitcoins see how it go's.  Really just for the fun of it see how much money i can make or how much i can lose.

Probably, after a month or so of having fun i will probably start going to meetups in NYC as i see that they have a group and see whats going on.  may start selling them for cash...

I'm A.) trying to decide whether or not to sell at this price or wait it out and see if the price rallies again. I'd like to invest more cash but I can't find a place to exchange PayPal USD for BTC, so I'm stuck with some BTC I have from mining.

B.

I'm A and C.  I've started to give mining a whirl (since i have system with two 6979s and another with three 4870s).  If the market continues to be volitle I may spend my first "profits" on bitcoins back into the market to try and play the system as well.