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1 hour ago, The Dog's Dangly Bits said:

Plenty?

Where else can you spent it?

You can buy property.  You can buy things with crypto cards from pretty much anywhere.

You can buy with bitcoin in:

Java Express

Thirsty Pigeon

Bottle Monkey

Rex Motor Company

Mannvend (Bizarre)

Bear in mind the Island is a bit behind, there are loads of places online and rest of world.

There are businesses in Douglas giving staff the option to be paid their entire wage or a proportion of it in Bitcoin

 

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4 minutes ago, trmpton said:

You can buy property.  You can buy things with crypto cards from pretty much anywhere.

You can buy with bitcoin in:

Java Express

Thirsty Pigeon

Bottle Monkey

Rex Motor Company

Mannvend (Bizarre)

Bear in mind the Island is a bit behind, there are loads of places online and rest of world.

There are businesses in Douglas giving staff the option to be paid their entire wage or a proportion of it in Bitcoin

 

I know people who took a lot of their wages as shares, that ended well!

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Just now, finlo said:

I know people who took a lot of their wages as shares, that ended well!

Depends what the shares were and when they took them really.

Apple shares 20 years ago?  Yes please.  Would be set for life and then some.

 

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1 hour ago, The Dog's Dangly Bits said:

Plenty?

Where else can you spent it?

Get a crypto card and can spend with it in any shop you want ( wherever visa is accepted) and you can get upto 8% cashback depending on  how much crypto you hold. 

 

 

Edited by mad_manx
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Most people see a market crash. I see a buying opportunity. My position on ADA, XRP, XLM, VET and Cake is now strengthened. Further dips will only result in positions being further strengthened. I also may or may not have increased my already unhealthy position in Doge.

Dollar cost averaging is girls best friend!.

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1 hour ago, Chie said:

Most people see a market crash. I see a buying opportunity.

....

Dollar cost averaging is girls best friend!.

That seems a bit contradictory given that $ Cost Averaging is about buying at regular intervals irrespective of price.

The fact that this is even being discussed here seems like a sell signal :)

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On 5/20/2021 at 2:27 PM, pongo said:

That seems a bit contradictory given that $ Cost Averaging is about buying at regular intervals irrespective of price.

The fact that this is even being discussed here seems like a sell signal :)

I am averaging my buy in prices. If/When the market goes back up my crypto will be worth more. If it goes down further I will average out once again.

If you want to sell go ahead. Im in this for the long run.

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