Pages:
Author

Topic: What's your action once Bitstamp reopens? - page 4. (Read 4070 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
January 07, 2015, 08:18:55 AM
#11
I don't care because i use BTC-e
I hate BitStamp since i have to filled so many private information Sad

But, i hope when bitstamp reopen.
Bitcoin price will went up for a little
sr. member
Activity: 242
Merit: 250
January 07, 2015, 07:48:21 AM
#10
Buy as much as I can. U gotta understand their feelings, they just lost $5,000,000 USD, that's more money than you will ever see  Roll Eyes.
sr. member
Activity: 322
Merit: 250
We at MultiDice Treat You Like a Winner
January 07, 2015, 07:27:34 AM
#9
I would suggest to withdraw and deposit only when you have to. I know it's difficult for day traders but better safe than sorry. 
legendary
Activity: 2170
Merit: 1427
January 07, 2015, 07:23:20 AM
#8
I have a USD balance and some coins there.

I will just log-in and see if everything is ok, and then log-out again.
legendary
Activity: 2660
Merit: 1074
January 07, 2015, 07:18:56 AM
#7
I don't have bitstamp coins.

But if they reopens then I will buy coins.

legendary
Activity: 2114
Merit: 1015
January 07, 2015, 07:11:12 AM
#6
By the way, if you hold any cryptocurrency and wish to sell it for USD, you don't need to wait for Bitstamp to open its doors. You can buy nubits since 1 NBT = 1 USD and when Bitstamp opens its doors you just sell the nubits and buy back BTC, transfer the BTC to bitstamp and get your USD. For example, I need to have a reserve of USD that would not suffer from the risk of BTC volatility but since Bitstamp is offline I cannot buy USD. To remedy that I bought nubits instead and I hold them in my wallet. You can't hold USD in your coin wallet software but you can hold nubits and since they are pegged to USD you are essentially holding USD in your cryptocurrency wallet.

That said, when Bitstamp opens its doors again, I will sell some of my NBT for BTC, transfer those bitcoins to Bitstamp and buy USD. Nubits changes the paradigm of what happens when an exchange goes offline. Previously, those who wanted to sell BTC would rush into exchange and sell their coins immediately when the exchange comes online. The latter would surely cause the price to drop since many people are selling at once. Now, with the help of nubits, you don't need to wait for the exchange to come online in order to sell your BTC for something that is not volatile.
hero member
Activity: 840
Merit: 524
Yes!
January 07, 2015, 05:45:11 AM
#5
Already buying BTC... Will do nothing. Just wait.
legendary
Activity: 2338
Merit: 2106
January 07, 2015, 04:55:04 AM
#4
withdraw fiat and invest in my non bitcoin business. buy some coins. withdraw coins.
legendary
Activity: 1176
Merit: 1000
January 07, 2015, 04:39:28 AM
#3
sell btc and withdraw fiat

Buy btc and withdraw btc.

Or nothing.
copper member
Activity: 2268
Merit: 539
DGbet.fun - Crypto Sportsbook
January 07, 2015, 04:31:38 AM
#2
sell btc and withdraw fiat
member
Activity: 102
Merit: 13
How do I change an avatar?
January 07, 2015, 04:22:58 AM
#1
Select the most likely action you are going to do once Bitstamp reopens (considering it will reopen).
Pages:
Jump to: