Pages:
Author

Topic: Why do you have bitcoins and what is your strategy? - page 2. (Read 5009 times)

legendary
Activity: 1176
Merit: 1010
Borsche
the developers of Bitcoin get off their ass and make a true demand for their coin, because a currency that has a value based strictly on trading,  has no true value at all.


You are such an ass really. Have any idea what open source is? Assuming somebody owes you something while you have most probably contributed absolutely zero, nothing, to the success of bitcoin? Yeah right, that's how it works. Go and do something, or quit your silly complaining. Nobody owes you anything. It is a community project, and you are the bad part of the community.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
I want to become a rich guy! Want to get dog, a house. Live the dream. I want to have a mansion, want to have two womens at once. I want to get up at the sunrise and get in my own sportcar. And i hope that amazing digital currency will help me to achive my goals.

Getting a dog, house, sports car and multiple women is easy.

Even becoming rich and getting a mansion aren't all that difficult if that's what you're after.

Getting up at sunrise? That's just silly. I thought half the reason for accumulating wealth is to not have to get up at sunrise like some pathetic employee prole.

I'm sorry. Sunrise is past my bedtime.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Why do you have bitcoins and what is your strategy?
I want to become a rich guy! Want to get dog, a house. Live the dream. I want to have a mansion, want to have two womens at once. I want to get up at the sunrise and get in my own sportcar. And i hope that amazing digital currency will help me to achive my goals.

Two women at once?  So you want bitcoin to be worth a million each and that might not be enough. lol
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I am basically holding bitcoin as a hedge against fiat currency, and I like the libertarian side of it also.  Despite being in the financial industry, I am tired of big banks and the Fed having a vice grip on monetary policy. 

I am pretty confident about the long term success of BTC, and I think the price right now is truly a steal in the grand scheme of things...


My strategy is basically to buy and hold.   Try and buy more so on the dips, and try to keep your dollar cost average as low as possible.  When spending BTC, I try to support businesses that are only accepting BTC only.
sr. member
Activity: 322
Merit: 250
https://dadice.com | Click my signature to join!
My strategy is about hoarding BTC while using some to trade cryptocurrencies & fiat.  Cool Hopefully trying to avoid outcomes like the ones of previous economic bubbles (e.g. the Tulip bubble, the South Sea bubble,  the dot-com bubble, the Chinese stock bubble of 2007, the Uranium bubble of 2007, etc.  Grin
newbie
Activity: 11
Merit: 0
for me, I hold BTC just because I have faith in it will be the most popular payment system in the whole world sooner or later. it can help me to pay for the bill, clothes, food and the most important is it can help me to pay for the transaction without paying the fee while I make a big business with other company. Cool
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Why do you have bitcoins and what is your strategy?
I want to become a rich guy! Want to get dog, a house. Live the dream. I want to have a mansion, want to have two womens at once. I want to get up at the sunrise and get in my own sportcar. And i hope that amazing digital currency will help me to achive my goals.

Even if bitcoin doesnt take off, you can probably still get a dog :-)
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
Why do you have bitcoins and what is your strategy?


I have my BTC, to buy cheap and sell expensive.
member
Activity: 112
Merit: 10
WW3
When Bitcoin emerged I was a Forex trader,I watched closely as it grew and grew, After battling the big banks, the collusion and manipulation of Forex market and getting out with a nice profit I saw many new currencies emerging in the crypto world. I found a portal in to a new trading position. And one where I in fact did not need to spend any money to get involved. The ability to mine and other handy portals make getting into crypto very easy. So I jumped in while I could.

 I have a hope bitcoin will succeed, but with every passing month I see this shining hope dissipate away with unsupported development plans, unknowledgeable trading methods, no creation of demand and more and more coin dumping businesses jumping on board every day. What bitcoin needs is high dollar long term investors, and it can not get those, because it has pressured and concentrated so hard on picking up business to utilize the coin,they did not evaluate the situation before making this decision. Picking up companies like Dell and other large manufactures may seem AWESOME to most people but it in fact hurts Bitcoins value, Dell pays for thier manufacturing products with Fiat, they pay for the labor with Fiat so when a company like dell picks up the use of Bitcoins it does not create a demand but rather give kids who already have bitcoin a way to spend them. then in turn Dell has no choice but to dump them every 2 weeks. That with the mines out there, and you have a huge dumping game. the only thing securing the value of bitcoins right now is the tradable market, without a real demand Bitcoin will go back down to 20 dollars a coin and stay there. Just look at the charts since we got Dell, it lowers in value every 2 weeks, started at over 640 dollars, dropped to 620, then 600 then 580 then 540 then 500 now we are resting securely in the 477 range, next week it will be 460 to 450 and it will continue this decline until 1 of 2 things happens, either we get some high dollar investors, (which is not going to happen) or the developers of Bitcoin get off their ass and make a true demand for their coin, because a currency that has a value based strictly on trading,  has no true value at all.

ADDITIONAL NOTE FOR BITCOIN DEVELOPERS: (in hopes they read this stuff HAHA)

Stop playing this "Bitcoin is in its infancy"

Heres a little common sense for you, bitcoins is 5 years old right, ask yourself is a 5 year old child an infant? no it is not, a 5 year old child is exactly what its parents have made it, if that child is smart and developed child its because the parents did their job correctly, if the 5 year old can not read or write, does not know thier colors or numbers, its because the parents failed at their job to develop their child into an intelligent being. Bitcoin Developers you are the parents, Bitcoin is your child, ask yourself is bitcoin a well developed child?? Allow me to answer NO it is not, it is not strong, it is not independent, it has no demand, you are failing at your jobs as parents. Wake up before you child no longer exists.

Took my time to read this

legendary
Activity: 1146
Merit: 1000
I believe bitcoin and its technology will help usher in a new economy where resources and capital become more widely distributed and the decisions as to how they are used will be made in a more democratic way.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Why do I have Bitcoins?

Because I believe in the technology longterm, it's potential, and am sick of the credit card companies and banking system.

What is my strategy?

BUY, HODL, and ACCUMULATE more BTC's.   Cool
sr. member
Activity: 252
Merit: 251
Knowledge its everything
I have bitcoin to get more bitcoin  Grin
and get promo

My plan is :
-Trading (Most people already do it)
-Signature-Ad Campaign
-Other else

For me, I believe bitcoin will play a significant part of the financial system in the future. I just don't want to miss the boat.
Why do I have bitcoins you ask.  To buy things of course Smiley
Couldn't resist the 10% discount over cash that Newegg was offering, with 10.5 million products to choose from.
Dell did the same "Dell offering 10% discount when purchasing Alienware with Bitcoin".
Why would you want to pay with cash and end up paying 10% more, makes no sense to use Credit Cards or Cash.
Those days are gone Smiley

And some people sell games cheapter if you pay with bitcoin  Grin
sr. member
Activity: 304
Merit: 250
With bitcoin falling so damn hard nowadays, my hopes are kinda crushed. A lot of people are saying it'll rise up to $2k per coin though, which would be pretty cool.
full member
Activity: 154
Merit: 100
Calling out scams, one HYIP at a time...
I try to buy some whenever it dips under $400, since that seems to be a strong resistance point and it always seems to jump back over $450 within a week.
full member
Activity: 148
Merit: 100
For me, I believe bitcoin will play a significant part of the financial system in the future. I just don't want to miss the boat.
Why do I have bitcoins you ask.  To buy things of course Smiley
Couldn't resist the 10% discount over cash that Newegg was offering, with 10.5 million products to choose from.
Dell did the same "Dell offering 10% discount when purchasing Alienware with Bitcoin".
Why would you want to pay with cash and end up paying 10% more, makes no sense to use Credit Cards or Cash.
Those days are gone Smiley
legendary
Activity: 1067
Merit: 1000
Problem with crypto coin is the technology can be copied too easily. The network effect of bitcoin has can also be copied if government insist every federal and state employee to get paid using goverment version of crypto coin.
hero member
Activity: 490
Merit: 500
I believe in the technology and believe that holding btc is key to creating the personal incentive to learn about the manifold apps and apply in my life. Yes, i would obviously like btc to appreciate but that's not the only outcome that matters to me
newbie
Activity: 24
Merit: 0
My strategy is every btcoiners strategy. To hold until BTC will be worth $10 grand.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I have Bitcoins because I mined them in 2011-2012 plus a few other things I did to collect them. My strategy is to sell them all when the value reaches $2.5 million. They need to reach at least $1,310 each and the then current transaction volume needs to be high enough for me not to effect the market price during the sale (although I could do it slowly over a few weeks if the price stays relatively stable).
Why would you sell all of your BTC for FIAT money that will be worth peanuts in the next decades?



why do you think FIAT will worth peanuts in the next decade?
if you cant prove your arguement, you're just another lame person brainwashed by unreasonable bitcoin lunatics.

Huh, do you even geopolitics? The EUR and USA debt will never be paid. What happens when a country can't pay their debts? Something very bad. My prediction: CNY and in general asia going up, EUR and USD devaluation continues as they keep printing magic magic money and trying to save it with ridiculous patches.
People will start to fear this and they'll start moving money in metals and the wise and young people in Bitcoin.

The things you're talking about may need to be dealt with by your great grand kids. I want something in my lifetime. I either need to hold what I have my entire life or buy something with my money. I wanted to set a value for purchasing something so I did. If someone is selling a house near me for btc at that time I will use it directly. Here's what I believe about the inevitable dollar crash: http://useconomy.about.com/b/2014/05/04/10-reasons-why-the-u-s-economy-wont-collapse.htm
sr. member
Activity: 322
Merit: 250
I have Bitcoins because I mined them in 2011-2012 plus a few other things I did to collect them. My strategy is to sell them all when the value reaches $2.5 million. They need to reach at least $1,310 each and the then current transaction volume needs to be high enough for me not to effect the market price during the sale (although I could do it slowly over a few weeks if the price stays relatively stable).
Why would you sell all of your BTC for FIAT money that will be worth peanuts in the next decades?



why do you think FIAT will worth peanuts in the next decade?
if you cant prove your arguement, you're just another lame person brainwashed by unreasonable bitcoin lunatics.

Huh, do you even geopolitics? The EUR and USA debt will never be paid. What happens when a country can't pay their debts? Something very bad. My prediction: CNY and in general asia going up, EUR and USD devaluation continues as they keep printing magic magic money and trying to save it with ridiculous patches.
People will start to fear this and they'll start moving money in metals and the wise and young people in Bitcoin.
Pages:
Jump to: