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Ask HN: What can I do with .0016 Bitcoin?

2 points by kermittd ↗ HN
I have a little over $12 worth of Bitcoin (at the current market value) from 21.co. I'm not a speculator, investor, etc but am interested in the blockchain.

What do I do with such a small amount of Bitcoin?

5 comments

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TaylorGood
Hold it and remember this years later.
kermittd
Was feeling the same way. No need to end a good experiment and we don't know the ceiling yet.
mdip
When you're dealing with such a small amount of money, my best advise would be to keep it as Bitcoin. The worst that could happen is it crashes and you're out $12. If it goes up in value, you're up whatever that ends up being.

I think of my own story ... I had mined about 25 bitcoin back in (I think) 2009, when each was worth (I think) a penny. My interest was purely academic -- I love this kind of thing, I thought the idea was neat[0]. I had a major OS failure and decided to reinstall, wiping the drive and my wallet. At today's prices, I'm out $135,000[1]. Whoops! You never know...

[0] Though promptly tossed it into the category of cypherpunk fantasy -- while everything that was claimed about it "could happen", back then it seemed more likely that my dog would write Shakespeare.

[1] Referring to #0, I would have ended up selling that 25 bitcoin when it hit around $10, assuming that making $250 would be pretty incredible. There's no way, short of removing that drive and storing it, forgetting about it and realizing the error "yesterday" that I would still have had those Bitcoin.