What would you do with 1,000,000 Bitcoin

[Blue_Tiger73]

Just wondering what you guys would do if 1,000,000 randomly appeared in your Bitcoin wallet and you could spend it on what ever you wanted.

[NorrisK]

I would move it to various wallet & address, so no one can hack my wallet & manage my bitcoin.
I would spend it for various things, and only sell my bitcoin when i need fiat.

Of course, i wouldn't let people know i have 1 million bitcoin, otherwise many people would try to sell my bitcoins.

I think this is the most important thing you can do. Make sure it is secure first.

Next, buy whatever you want or think you need, make sure you don't have a mortgage anymore, make sure you are set for life, just in case bitcoin goes poof.

[Lauda]

Of course, i wouldn't let people know i have 1 million bitcoin, otherwise many people would try to sell my bitcoins.

Not just "sell" your Bitcoins, but come after you and try killing you. This is quite a huge sum at the moment and it is only going to be worth even more in the future. I guess that my plans wouldn't be much different than those with a equivalent amount of cash (aside from investing that cash in Bitcoin).

I would move it to various wallet & address, so no one can hack my wallet & manage my bitcoin.

However, you are right. The first step should be splitting it up as much as possible and securing as much as possible. Just imagine the horror of seeing a outgoing 1 million Bitcoin transaction?

[Amph]

they are too much for me, i would organize the biggest raffle ever with 100k bitcoin total for a giveaway, 1 for every user, but to avoid abusing he should identify himself with a video and his username(he can cover his face for privacy)

i would simply keep the majority, and spend very little

[Coogear]

Keep them and spend some to make my parents happy lol

[GoldTiger69]

they are too much for me, i would organize the biggest raffle ever with 100k bitcoin total for a giveaway, 1 for every user, but to avoid abusing he should identify himself with a video and his username(he can cover his face for privacy)

i would simply keep the majority, and spend very little

I think a video with the face covered doesn't prove his identity   (videos can be easily manipulated)

[extrobot]

Just wondering what you guys would do if 1,000,000 randomly appeared in your Bitcoin wallet and you could spend it on what ever you wanted.

send 999,000BTC to a cold wallet and use 1000BTC to slowly convert to fiat or spend raw and enjoy the luxuries

[VirosaGITS]

Just wondering what you guys would do if 1,000,000 randomly appeared in your Bitcoin wallet and you could spend it on what ever you wanted.

send 999,000BTC to a cold wallet and use 1000BTC to slowly convert to fiat or spend raw and enjoy the luxuries

Something like that. Mining Bitcoin at home at this point would feel pointless. But i think i would still start a Data center and start up other ventures, probably start a ASIC business for small miners. Build animal shelters and buy tons of sushi.

[Amph]

they are too much for me, i would organize the biggest raffle ever with 100k bitcoin total for a giveaway, 1 for every user, but to avoid abusing he should identify himself with a video and his username(he can cover his face for privacy)

i would simply keep the majority, and spend very little

I think a video with the face covered doesn't prove his identity   (videos can be easily manipulated)

it's very hard to manipulate a video without no one disovering it, and i have no other idea in mind, to avoid abusing, it seems impossible

[VirosaGITS]

they are too much for me, i would organize the biggest raffle ever with 100k bitcoin total for a giveaway, 1 for every user, but to avoid abusing he should identify himself with a video and his username(he can cover his face for privacy)

i would simply keep the majority, and spend very little

I think a video with the face covered doesn't prove his identity   (videos can be easily manipulated)

it's very hard to manipulate a video without no one disovering it, and i have no other idea in mind, to avoid abusing, it seems impossible

You want to limit to one person per entry by limiting to one identity per.

One way or another they need to use something related to their identity which is private information. The only way to go about this is use a mediator, a 3rd party that will verify the unique identity using something like a driving card license and only tell you who has a valid entry.

[Andrelvogue]

I just go back to my homeland and just be a Hotel owner and buy some houses and rent it.

[the_poet]

Too much money, I would be perfectly content with 1% of that

[Digit-0]

First at all i will check x2 if im not dreaming

After it, i will split them, spend some of the bitcoins because in real life i really need it, but only few of them, after it, i will giving away some of them to my friends and people who really need it, and hold the rest.

I dont need lot of money to live in peace, but need a little bit of money to made it real

[SFR10]

Well to be honest, the first thing come into my mind is to transfer it to my bank and use it to earn long term interest from it which if the money stays for 5 to 10 years, due to my country's high bank interest, I could earn 23 to 25% interest rate monthly which is going to be great 

[TastyChillySauce00]

i would convert it to gold and then quit my job because i can live without working with this lots of money

[daniobg]

If this happens to me I'm sure that for the next 24 hours I will just be staying and looking at my wallet not believing it and I probably will smoke so much cigarettes while watching it, that my lungs will collapse and I will die quickly after that Well if I don't DIE that day I will probably sell a third of the coins / convert them to fiat and then put the money on different bank accounts just to stay there and I will profit from the interest. The other third I will use to spend on my daily activities maybe - buying some nice stuff that I wanted, going to vacations around the globe etc. and the rest third of the coins will be on a cold storage for bad times

[Coin Market]

Well to be honest, the first thing come into my mind is to transfer it to my bank and use it to earn long term interest from it which if the money stays for 5 to 10 years, due to my country's high bank interest, I could earn 23 to 25% interest rate monthly which is going to be great 

Your country's high bank interest is due to the high inflation. So the fiat will devalue very fast.

It is better to hold on to the bitcoin. When you need to purchase something, use the bitcoin directly if possible or change the bitcoin into your local currency.

[de_bit]

I would slowly sell it off and eventually buy my own private island.

[el kaka22]

1M BTC... That's the estimated number of bitcoins that satoshi have, and he is keeping the bitcoins, neither selling it nor spending it. I would do the same as what satoshi does: that's keeping it and do nothing.

[croato]

First i would put half of it to cold wallets. With rest i would slowly start buying real estates, gold and fiat. After few years when most of job would be done, i would spend few years on try to make this world better place for everyone not just for rich elite (in that time coins would be worth whole lot of money so most possibly i could do little change).