ToolHead on 2/11/2013 at 22:39
So.
1½ years ago my local (geeky) hairdresser began accepting Bitcoins as form of payment and mentioned this fact to me since we'd previously discussed the phenomenon. I promptly bought 9.45 Bitcoins - at the time to the tune of 54.25 USD or the price of one haircut.
Then I moved, changed computers, and pretty much forgot about those hypothetical monies, so I never got round to actually spending them.
Today I dug out my Bitcoin wallet from my old hard disk, dusted it off, and found out that 9.45 Bitcoins now equate 2,018 USD...
So what to do? I know I can transfer the b-coins to my regular bank account at a slight loss (2.75%), but I'd like to know if any of you tech wizardy/internet savvy people know of and can recommend great places - except my local (geeky) hairdresser - that accept Bitcoins? Or should I keep hold of the cybermonies and wait for further value increase?
Yakoob on 2/11/2013 at 23:38
Don't know about bitcoin, sorry, but $54 for a single haircut? Geesus....
Queue on 3/11/2013 at 05:07
I'll sell ya some Q-Cash. Q500 for only $100 American, it's the deal of a life-time.
june gloom on 3/11/2013 at 20:46
You know what you could do?
Donate to poor musicians. I need an electric oven/stove range.
ToolHead on 4/11/2013 at 09:31
I'll keep that in mind, dethtoll. You're right up there with alpaca wool socks, online dating, iPhone accessories (for my Android handset) and other fascinating and irresistible offers from the BC-accepting webshops I've stumbled across so far.
demagogue on 4/11/2013 at 09:50
Well shiiiit, T.H., I could use a warmin' sweater if we tossin' coin around.
catbarf on 4/11/2013 at 14:32
Quote Posted by ToolHead
Or should I keep hold of the cybermonies and wait for further value increase?
Given that the market has been driven entirely by speculation and is about as stable as a bowl of Jello in an earthquake, I'd sell now while it still has some value before the bubble bursts. There are too many problems with the currency for it to catch on, even without pretty much every bank and government wanting it dead.
Nicker on 4/11/2013 at 22:34
I was going to start a thread about Bitcoin after hearing about the hugely inflated value it had reached.
I thought one of the features was supposed to be its stability because no new coins would ever be issued but I guess it turned out to be as volatile as any other currency once people stopped using it as a symbolic medium of exchange and started treating it like a commodity. Which reminds me... A curse on currency traders, the hoards of monetary mosquitoes sucking the blood out of the world's economy, one fraction of a percent at a time.
demagogue on 5/11/2013 at 00:22
Currency trading is one of the lower hanging fruit for mere mortals to participate in though.
If a market blows, at least we could empower people so that it blows in their favor.