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Topic: What would you do with 1000$? (Read 1183 times)

newbie
Activity: 26
Merit: 0
May 26, 2013, 10:18:23 AM
#28
You can dump that into someones account that could really use it like ehhh ummm me and the kittens I help rescue!

Address below vv
newbie
Activity: 7
Merit: 0
May 26, 2013, 10:16:03 AM
#27
I think invest it in sites that accept bitcoin or litecoin.
jr. member
Activity: 56
Merit: 10
May 26, 2013, 10:08:56 AM
#26
if i was given extra $1000 per month to spend, i would go for $500 additional gpu power, $500 goes to BTC and invest it on bitfunder
newbie
Activity: 11
Merit: 0
May 26, 2013, 10:01:20 AM
#25
Buy 7.5 Bitcoins.


I have to second this.  You want to make money with your $1000?  BUY AND HOLD BITCOIN.
newbie
Activity: 13
Merit: 0
May 26, 2013, 09:40:00 AM
#24
Spend half on buying bitcoins, half for buying video games and other stuff :p
member
Activity: 82
Merit: 10
May 26, 2013, 09:05:06 AM
#23
Buy BTC and invest in shares.

Or simply just trade on the BTC exchanges themselves - buy low sell high...
newbie
Activity: 24
Merit: 0
May 26, 2013, 09:04:09 AM
#22
Buy BTC
hero member
Activity: 1132
Merit: 536
May 26, 2013, 08:44:00 AM
#21
Go to the bank or local fish market and get $1,000 in nickels, then sort them by date while drinking iced tea.

awesome idea  Cheesy Cheesy
member
Activity: 84
Merit: 10
'That Guy'
May 26, 2013, 08:41:59 AM
#20
Go to the bank or local fish market and get $1,000 in nickels, then sort them by date while drinking iced tea.
hero member
Activity: 1132
Merit: 536
May 26, 2013, 08:40:02 AM
#19
better to open any offer site where people will earn mbit coins for doing offers.... and you will earn in $$$$ Wink
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
May 26, 2013, 07:46:45 AM
#18
two chicks at the same time
yvv
legendary
Activity: 1344
Merit: 1000
.
May 26, 2013, 07:45:31 AM
#17

So if you were in my situation, what would you do with 1000$? 

Find a girlfriend, have some fun.
member
Activity: 70
Merit: 10
http://www.freebitcointips.co.uk/
May 26, 2013, 07:42:23 AM
#16
Invest in my game ;P

Andy B
newbie
Activity: 6
Merit: 0
May 26, 2013, 07:41:35 AM
#15
Buy another 7.5BTC or invest in a startup
newbie
Activity: 11
Merit: 0
member
Activity: 79
Merit: 10
May 25, 2013, 11:12:08 AM
#13
All sorts of great... hm... advice, guys Smiley

Honestly I expected to be hit with more scams than that! Cheesy

Buy bitcoins, and invest half of them in ASICMINER.

Only problem is that currently ASICMINER shares are quite expensive, so you may want to wait 1 or 2 weeks to see if they go down.
Of course, they might go up instead.

ASICMINER shares (or similar) look like the best bet so far, I will be on the lookout for those. I really appreciate the 'compound interest' possible in reinvesting, probably the only way to offset difficulty increases in most mining operations.

2 chicks at the same time, wait thats 1 mil


Dude, it's much cheaper if you get them from a BTC p2pool!  Also you get some free time while they wait for confirmation.... Wink


I'd invest half directly into Bitcoin. The other half I'd put in slightly riskier Bitcoin investments. Maybe some ASIC miner shares, Bitcoin Global shares, or some Bitcoin mining equipment. Your return probably won't be as good as if you just invested directly into Bitcoin but you would be helping to support the network and the larger Bitcoin economy.

Also, I would suggest against investing into 'alt' coins. With the state of things right now groups are hyping up new coins, then selling once they hit a desired price leaving newcomers holding then worthless coins. If you really want to invest into one of these coins, do your research. Find one that has particularly favorable and inventive attributes. Most importantly, it needs a good development community supporting it. Without that it's probably just a pump and dump coin.



I've been purposely avoiding buying BTC directly.  Not that it's a bad investment, just that I'm a bad investor - I'm just not comfortable risking that kind of sum on trading yet. That's why I prefer bonds or mining, returns are much easier to compute.  Spending 'real' money to buy entirely virtual BTC bumbs into my natural risk aversion!  But I can see the point, if I'd bought 1000$ of BTC yesterday morning, I'd have 1016$ worth today, the same return I'd have in a day from 2000$ worth of mining gear...

So alt coins are right out. Only BTC & LTC for me, till somebody hits the right algorithm (or I code my own)! Smiley I actually mined some TRC and WDC, I think TRC was a fluke (leftover ripples after the adjustment) and I'll probably never sell the WDC at the price it cost to mine it. Live and learn - in small incremental amounts!

Buy two ipad 2s, write an istore mining app, start mining at 2 x .08 Mh/s, spend the rest on beer.

Why TWO ipads?! Although... You just gave me a brilliant idea!



Thanks for the advice people, good to know I'm on track!
newbie
Activity: 42
Merit: 0
May 24, 2013, 06:40:01 PM
#12
Buy two ipad 2s, write an istore mining app, start mining at 2 x .08 Mh/s, spend the rest on beer.
hero member
Activity: 639
Merit: 500
May 24, 2013, 06:37:06 PM
#11
I'd buy a few very old ATi cards, say 5850, and build a farm. Or just invest all money on forex traders. Or, as an option, buy a few bitcoins and 1-2 video cards for mining.
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
May 24, 2013, 06:28:00 PM
#10
$500 in mining equipment, $500 in BTC
hero member
Activity: 630
Merit: 500
Bitgoblin
May 24, 2013, 05:33:43 PM
#9
I'd invest half directly into Bitcoin. The other half I'd put in slightly riskier Bitcoin investments. Maybe some ASIC miner shares, Bitcoin Global shares, or some Bitcoin mining equipment. Your return probably won't be as good as if you just invested directly into Bitcoin
Wrong: if the investment itself is bitcoin-denominated, if BTC appreciates in value, your investment appreciates too.
So you get the dividends on top of the gain from the better exchange rate, at the price of having more risk.
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