4 ms·

I think 0-10 is a too large a range. There's a big difference between having $10 worth (~0.07 BTC) and $1500 worth (~10 BTC). The first is what I have, which is

I think 0-10 is a too large a range. There's a big difference between having $10 worth (~0.07 BTC) and $1500 worth (~10 BTC). The first is what I have, which is basically play money. The latter is a more significant investment.

T-zex 13y ago
So this really depends on how you define the "play money".
theboss 13y ago
Exactly this. I have some nonzero amount when I mined for 1 afternoon. Technically I don't have zero but I shouldnt be in the same category as people with a thousand dollars worth. With that said.... I said I have zero in the poll.
- crisnoble 13y ago
  I think I have .0005 left over in a wallet somewhere. I also said zero. Seeing all this loose change and no easy way to get it out of there I'm wondering if someone can suggest a charity who would accept the measly amounts but use the aggregate for good.
  - theboss 13y ago
    Ha. I wonder. If there are only a couple nerds like us we might only get 5 dollars or something. A charity proxy would be cool though, that way people like us have the ability to only donate .0005 and the people with 10,000+ can donate too. Then the proxy converts it to real money and donates it to a particular charity.
  - the_watcher 13y ago
    This is a good idea for a charity. Wonder how tough it would be to set up? Anyone with interest in looking into it, email me, might be a fun side project to play with some BTC tools.
  - logn 13y ago
    I also have some fractional amount in a wallet whose ID is long since misplaced. I hope one day that's not something I could have retired on :)
igorgue 13y ago
Yeah, completely agree!
the_watcher 13y ago
Agreed, I bought the minimum amount from Coinbase out of interest (and giving myself a financial stake in something I am interested in and support). But that's ~.200001 BTC for a value of ~25
mildtrepidation 13y ago
A very good point; thank you for making it. For people like me who don't keep track of the exchange rates for BTC at all, it fundamentally changes the way the poll looks. At first glance it seemed to me this poll said pretty clearly that HN doesn't trust BTC (and to an extent, it still does, it just softly suggests it rather than shouting it with irate certainty). Having this context makes the result less interesting but at least frames it appropriately.
Zoomla 13y ago
if bitcoins would ever become the primary world currency, I think you would be doing pretty good either way, even at 0.05 bitcoin
plaguuuuuu 13y ago
Sorta. If I were to hold 10 it would still be a small percent of my total assets .. mostly comprising various stocks (I don't currently own real estate so I do indeed have some assets rather than debts, lol). I'm in a position where I can wait for the next massive crash and buy up maybe 10 or 15 as essentially a form of gambling. Because why the fuck not.

T-zex 13y ago

So this really depends on how you define the "play money".

theboss 13y ago

Exactly this. I have some nonzero amount when I mined for 1 afternoon. Technically I don't have zero but I shouldnt be in the same category as people with a thousand dollars worth. With that said.... I said I have zero in the poll.

crisnoble 13y ago
I think I have .0005 left over in a wallet somewhere. I also said zero. Seeing all this loose change and no easy way to get it out of there I'm wondering if someone can suggest a charity who would accept the measly amounts but use the aggregate for good.
- theboss 13y ago
  Ha. I wonder. If there are only a couple nerds like us we might only get 5 dollars or something. A charity proxy would be cool though, that way people like us have the ability to only donate .0005 and the people with 10,000+ can donate too. Then the proxy converts it to real money and donates it to a particular charity.
- the_watcher 13y ago
  This is a good idea for a charity. Wonder how tough it would be to set up? Anyone with interest in looking into it, email me, might be a fun side project to play with some BTC tools.
- logn 13y ago
  I also have some fractional amount in a wallet whose ID is long since misplaced. I hope one day that's not something I could have retired on :)

igorgue 13y ago

Yeah, completely agree!

the_watcher 13y ago

Agreed, I bought the minimum amount from Coinbase out of interest (and giving myself a financial stake in something I am interested in and support). But that's ~.200001 BTC for a value of ~25

mildtrepidation 13y ago

A very good point; thank you for making it. For people like me who don't keep track of the exchange rates for BTC at all, it fundamentally changes the way the poll looks. At first glance it seemed to me this poll said pretty clearly that HN doesn't trust BTC (and to an extent, it still does, it just softly suggests it rather than shouting it with irate certainty). Having this context makes the result less interesting but at least frames it appropriately.

Zoomla 13y ago

if bitcoins would ever become the primary world currency, I think you would be doing pretty good either way, even at 0.05 bitcoin

plaguuuuuu 13y ago

Sorta. If I were to hold 10 it would still be a small percent of my total assets .. mostly comprising various stocks (I don't currently own real estate so I do indeed have some assets rather than debts, lol). I'm in a position where I can wait for the next massive crash and buy up maybe 10 or 15 as essentially a form of gambling. Because why the fuck not.