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Topic: What to do with my 600 or so coins?!? - page 2. (Read 1729 times)

member
Activity: 112
Merit: 10
March 08, 2013, 09:56:41 AM
#18
Make sure to publicly post that you hold 600 coins.

Its not that much really, I mean yeah its like 30k USD but in the big picture of things 600 is peanuts!
sr. member
Activity: 350
Merit: 251
March 08, 2013, 09:55:47 AM
#17
changing back to FIAT currency is definetly not what i would recommend. When the debt based monatry system crashes 1 USD equals basically 0 USD, while 1 BTC equals 1 BTC.

I would just buy more from the FIAT you have left

While it's theoretically got the potential to be much more stable, and remain much more valuable, than USD, it' stil fiat. Anything not directly backed by something like metal, with a set exchange rate (such as "1 BTC = 1 t oz of silver") is fiat. Because of currencies like the USD, "fiat" has a negative connotation (usually for good reason), but a fiat currency (like btc) can be stable and successful.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
March 08, 2013, 09:47:47 AM
#16
Make sure to publicly post that you hold 600 coins.

Meh, it's only money. Grin

I've got at least 600 too...

...millibitcoins that is. Grin
full member
Activity: 221
Merit: 100
March 08, 2013, 09:44:11 AM
#15
Make sure to publicly post that you hold 600 coins.
edd
donator
Activity: 1414
Merit: 1002
March 08, 2013, 09:42:40 AM
#14
You could help the economy by spending some. At the current exchange rate, even just a handful can get you some cool stuff.

There are also plenty of bitcoin startups looking for investors. I know I have plenty of ideas that just need some funding to get them off the ground.
legendary
Activity: 1540
Merit: 1000
March 08, 2013, 09:40:05 AM
#13
Why not lend out a portion to help businesses start up or let people loan money and get interest in return? I think that's the best thing to do with any surplus you have because you'll help the Bitcoin economy grow, of course, make sure you store the Bitcoins you don't want being used offline but I'm sure you know that already.
sr. member
Activity: 271
Merit: 250
March 08, 2013, 09:36:40 AM
#12
changing back to FIAT currency is definetly not what i would recommend. When the debt based monatry system crashes 1 USD equals basically 0 USD, while 1 BTC equals 1 BTC.

I would just buy more from the FIAT you have left
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 08, 2013, 09:32:29 AM
#11
If you are optimistic about the future of the bitcoin economy, then what about investing some of it? Be like Ashton Kutcher and invest in BitPay or something.  Or start your own bitcoin related business.
 Huh
 
newbie
Activity: 7
Merit: 0
March 08, 2013, 09:27:28 AM
#10
Hire people to make "colored coin" idea a working service. (it would change the whole virtual company / asset world of bitcoin)
Google it up and you'll know where to spend 600 btc.
member
Activity: 81
Merit: 10
March 08, 2013, 08:23:28 AM
#9
Sell 2/3.
newbie
Activity: 17
Merit: 0
March 08, 2013, 08:21:48 AM
#8
Trade them and make moar coins. You can never have too many coins.
newbie
Activity: 12
Merit: 0
March 08, 2013, 07:52:24 AM
#7
GIVE EM TO ME BTCBTCBTCBTC
hero member
Activity: 686
Merit: 500
March 08, 2013, 07:47:14 AM
#6
Send few to me.
sr. member
Activity: 350
Merit: 251
March 08, 2013, 07:29:12 AM
#5
I'd stash BTC250 or so, and cash the rest to maybe buy a few Bitforce Singles, or some other ASIC miner.
member
Activity: 112
Merit: 10
March 08, 2013, 07:16:25 AM
#4
If you buyed the coins, sell part of it to be break even, so you will not feel as bad when the price crashes  Wink

lol, it was due to someone's misfortune that I came into these coins. I got them at about 14$ each at the beginning of the year, someone owed me some money and only had bitcoins, he still owes me money but because of the rise in value I'm up big time!

I think I'm going to hold on to them for the next little while, I see them being worth 60k by the end of the year and that's not chump change!
full member
Activity: 162
Merit: 100
March 08, 2013, 07:11:29 AM
#3
If you buyed the coins, sell part of it to be break even, so you will not feel as bad when the price crashes  Wink
member
Activity: 75
Merit: 10
March 08, 2013, 06:35:40 AM
#2
Hoard
member
Activity: 112
Merit: 10
March 08, 2013, 06:28:22 AM
#1
Any ideas? I wanted to buy some mining rigs but with the crazy delay in shipping it may be wiser to hold the coins with hope that it rises in value. On the other hand, if the value drops and I buy the rigs now I'd be getting top dollar for my coins.

Oh, and hello everyone, I'm surpbitcoin. I'm not new to the world of bitcoin but I'm new to this forum and I look forward to making some friends here and learning a bunch.

So what should I do, make the pre-order? Cash out my coins and take a trip around the world, hold them as if I was Mr. Burns until I'm old and wrinkled like him???

Ohh its so confusing!


Any advice is welcomed.

Surp  Smiley
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