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Title: 50 cent Post by: Crypto Piece on February 04, 2018, 08:06:02 PM In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars.
Source: http://www.bbc.com/news/business-42820246 Title: Re: 50 cent Post by: walterw on February 04, 2018, 10:00:16 PM This news is already a bit old, but by this example you can see what forward thinking can you bring. But I hardly believe that he expected it, but he deserves it.
There is also the example of the painter of Facebook, who has paid with company shares and then became billionaire by it. From this we learn that greed often costs you much more. ;) Title: Re: 50 cent Post by: Dulahpandi on February 05, 2018, 06:18:06 AM This news is already a bit old, but by this example you can see what forward thinking can you bring. But I hardly believe that he expected it, but he deserves it. There is also the example of the painter of Facebook, who has paid with company shares and then became billionaire by it. From this we learn that greed often costs you much more. ;) I Aggree, good sample for the who doubt about bitcoin investment, and the very importent for the BTC investnent is always uptodate information, becaues internet or digital system is very quick to change. dont be late.. Title: Re: 50 cent Post by: QuestionAuthority on February 05, 2018, 06:26:49 AM He either needs to sell now or long term hold because, since the article was released, his $8mil is now only worth $5mil.
Title: Re: 50 cent Post by: walterw on February 05, 2018, 02:07:42 PM his $8mil is now only worth $5mil. I think $ 5 million is still a huge profit, instead of the actual payment. But I would still HODL the coins and see if the profit continues to increase. I think 50 Cent has enough money to survive a setback in the extent. I would like to know what he was thinking at the moment he discovered his coins. :D ;D Title: Re: 50 cent Post by: QuestionAuthority on February 05, 2018, 03:53:29 PM his $8mil is now only worth $5mil. I think $ 5 million is still a huge profit, instead of the actual payment. But I would still HODL the coins and see if the profit continues to increase. I think 50 Cent has enough money to survive a setback in the extent. I would like to know what he was thinking at the moment he discovered his coins. :D ;D At this point he should just hold until he needs the money. I bet MC hammer wishes he was holding 700btc at the end of his career when his “crew” stole all his money. Title: Re: 50 cent Post by: walterw on February 05, 2018, 06:46:08 PM At this point he should just hold until he needs the money. I bet MC hammer wishes he was holding 700btc at the end of his career when his “crew” stole all his money. That's how I see it too. But who does not want 700 btc, oh what am I talking about. 50 btc are enough as well. :D Title: Re: 50 cent Post by: bitcoinqueen08 on February 05, 2018, 06:49:10 PM In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars. This is old news.And I think there is many news like that.Source: http://www.bbc.com/news/business-42820246 Title: Re: 50 cent Post by: The One Who Knocks on February 05, 2018, 06:49:59 PM In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars. I'm sure he didn't even knew what to do after having them, or he didn't knew how to trade them for USD so he simply let them there until he forgot it. Fast forward 4 years and he just hit jackpot ahahSource: http://www.bbc.com/news/business-42820246 Title: Re: 50 cent Post by: YeOldeMiner on February 05, 2018, 06:51:13 PM Old, but still the man deserves it, good bit of foresight by his advisers I'm sure.
Hope he cashed at $8m rather than he lower return as of 2018s movements. Title: Re: 50 cent Post by: fireblond on February 05, 2018, 06:53:56 PM In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars. The article was released when bitcoin was worth around 11k, It's now less than 7k. I'd recommend he do the same thing and forget about them for another 4 years. HAH seriously though I bet we'll be seeing him in a new car any time soon. ::)Source: http://www.bbc.com/news/business-42820246 Title: Re: 50 cent Post by: Tyrantt on February 05, 2018, 06:55:40 PM Old, but still the man deserves it, good bit of foresight by his advisers I'm sure. Hope he cashed at $8m rather than he lower return as of 2018s movements. I don't think he isn't holding them anymore, he proclaimed bankruptcy last time in 2017, but that's a dodgy territory. He cashed them to pay off the dept. Unleast some part of that dept could be payed off with those btc. Article: https://www.theguardian.com/music/2017/feb/03/50-cent-discharged-bankruptcy Title: Re: 50 cent Post by: rayk on February 05, 2018, 07:04:10 PM No one cares about him and his bitcoin now :D I want him to be hodler but he would probably sold his bitcoin, this news even might be not real ::)
Title: Re: 50 cent Post by: therealbtcdave on February 05, 2018, 07:13:31 PM He came out on top of this one.
Title: Re: 50 cent Post by: peter0425 on February 05, 2018, 07:14:58 PM He either needs to sell now or long term hold because, since the article was released, his $8mil is now only worth $5mil. Correct, his investment went south because of the current crisis in bitcoin. I guess we doesn't need the money anyways, he's rich as fuck, so he gonna hold on it as long as he can. In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars. Source: http://www.bbc.com/news/business-42820246 He take the risk and now he's reaping the rewards of it. I'm sure that when he decided to accept bitcoin as payments on his album, he sees good opportunity on it to really earn in the future. Title: Re: 50 cent Post by: QuestionAuthority on February 06, 2018, 05:30:48 AM He either needs to sell now or long term hold because, since the article was released, his $8mil is now only worth $5mil. Since the time I wrote this post yesterday his stash is now only worth $4 million. |