Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
psycodad
on 20/09/2024, 18:18:19 UTC
@JJG have been thinking a bit about what you said about spending some btc, and replacing it. Looked into some memorable ways of spending my first btc, and came across an island(https://wikitravel.org/en/Big_Corn_Island) I think we all need to visit at some point, it even has a floating Bitcoin bar(https://www.tripadvisor.com/Attraction_Review-g612405-d24092796-Reviews-Bit_Coin_Island_Bar-Big_Corn_Island_Corn_Islands_Southern_Atlantic_Autonomous_Re.html)!

Has any one got some good/memorable suggestions for your first BTC purchase?

Will absolutely replace what I spend tho!

Do I get that right, you plan to spend BTC for something just for the sake of spending BTC and plan to later buy it back?

Can't follow this line of thought to be honest. Spending BTC is not fun, it's always painful as you sold always too early. Buying BTC is the fun part.

Again (mis-)quoting JimboToronto with: "Buy if you can, sell if you have to."

My reasoning is more on the utility of btc, wanting to transact in it and learn how to do that. Up to this point I buy, I transact to btc address and thats all great but I haven't sent/sold any for anything physical or a service. So yes your right I just want to spend some for the sake of it, and I 'm asking if anyone has anything memorable they have done for their "first time"

I get the Jimbo quote, only do it when you need to. But when I need to, I need to know how to do it too.


Understood, I see your point now.

It's actually good to see and actually experience things working and as somebody who needs to see things working myself (and stick my fingers into it) I support that view fully.
Though maybe just send some sats around (i.e. between your exchange and one or more of your wallets), no need to spend precious corn for funzies at this point in time (except of course if needed due to lack of dirty fiat as it is my situation - though I use it only for really urgent needs, funzies and luxuries are only planned for next year..).