fuathan
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January 10, 2016, 06:02:08 PM |
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Spending some money for btc mining tools is very good idea for it.
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keepdoing
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January 10, 2016, 06:16:21 PM |
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A month ago I still had some hope that the governance issue could be worked out, and I would have said...
1/4 Land 1/4 bitcoin 1/4 Gold & Silver 3/16 Special Projects 1/16 Cash
Now, 1 month later - I'd do the same, except the Bitcoin allotment I would drop to 1/16, and put the remaining 3/16 into a "Ready To Move" Bank Account, and I would be.....
1) Watching carefully the Bitcoin Environment, and prepared to Exit that 1/16 quickly if needed 2) I would be ready to pull trigger to jump into a new Fiat Crypto that I think is now more likely due to Bitcoin's potentially looming confidence crisis/failure.
Bottom line is that the odds Bitcoin doesn't make it are up due to eroding community trust in governance. I am giving Bitcoin less than a 50% chance of making it for first time.
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villigut
Newbie
Offline
Activity: 5
Merit: 0
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January 10, 2016, 08:03:12 PM |
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Half a year ago I would buy 500k when bitcoin was 230 and now I would be a millionare)
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angaper
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January 10, 2016, 10:01:12 PM |
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I would prefer to diversify my money in several assets, and perhaps I would buy some bitcoins gradually, starting with 100 btcs at the current price.
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50cent_rapper
Legendary
Offline
Activity: 1344
Merit: 1000
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January 10, 2016, 10:12:05 PM |
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Lets say you won the lottery..
You've just received a million dollars and are ready to do something with your new found money.
You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.
You're free to spend as you wish. And invest if you wish.
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
0 (Zero).
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icem3lter
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January 10, 2016, 10:20:41 PM |
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Lets say you won the lottery..
You've just received a million dollars and are ready to do something with your new found money.
You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.
You're free to spend as you wish. And invest if you wish.
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
0 (Zero). IKR! Would retire immediately, lol. 1 million is more than enough to retire.
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RealBitcoin
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January 11, 2016, 04:01:11 AM |
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Lets say you won the lottery..
You've just received a million dollars and are ready to do something with your new found money.
You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.
You're free to spend as you wish. And invest if you wish.
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
0 (Zero). IKR! Would retire immediately, lol. 1 million is more than enough to retire. Not really, its not that much money if you want to live a confortable life. YOu would need at least 10 million to be so.
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JITENDERPAR
Member
Offline
Activity: 98
Merit: 10
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January 11, 2016, 05:20:39 AM |
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if i won million doller then i will buy only 10-20 btc only because to save btc in wallet sometime not much profitable as we expect. since the value of 20 btc is not less . i will invest my btc at 10 to 20,more reliable investment sites and,and then i will earn daily some btc . and second thing is that i will became trader and try to increase my amount of btc and will try to earn more and more money.
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NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
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January 11, 2016, 07:34:13 AM |
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WELL 90 % of it i would change my life the others 10% i should invest at bitcoin and make atleast two games based into bitcoin,since for me bitcoin is and will be worthing much more then todays,soo one of the best services is games that all like to play.
The 90 / 10 ratio is quite healthy, good thinking! I do hope that by changing your life you do not mean buying expensive cars and blowing your money like no tomorrow? The biggest challenge of handling large amounts of money if you didnt have it before is spending it wisely. If you are left with 10k usd bills every month because of the stuff you bought, you'd be surprised how fast your 1 million is gone.
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Kakmakr
Legendary
Offline
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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January 11, 2016, 08:00:16 AM |
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I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.
During this time, I will decide what I would be doing with the rest of the money.
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Kisleav
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January 11, 2016, 10:48:28 AM |
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I would buy btc worth half a million
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WhatTheGox
Legendary
Offline
Activity: 812
Merit: 1000
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January 11, 2016, 11:33:01 AM |
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Lets say you won the lottery..
Would you buy a heap load of bitcoin to sit on?
If so.. how much?
I feel like i need to hold more of my networth in bitcoin % wise the poor i am to have a better chance of making it turn into something worthwhile. Im pretty sure most people do this. If i had 1 million bucks i would probably put 10% in bitcoin i guess.
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hawkins
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January 11, 2016, 11:36:33 AM |
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I would buy half of the gifts I get, if I get $ 500,000, I would buy bitcoin with half of my prize is $ 250,000, it would probably be the capital to the Internet, while the rest of the capital for my business I'll make in the real world
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andulolika
Legendary
Offline
Activity: 2310
Merit: 1047
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January 11, 2016, 11:37:53 AM |
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75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.
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manselr
Legendary
Offline
Activity: 868
Merit: 1006
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January 11, 2016, 07:13:57 PM |
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I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.
During this time, I will decide what I would be doing with the rest of the money.
I aint got no debt, so I would go half fiat, half Bitcoin, live a frugal life off half a million fiat while I store my half a million dollar BTC portfolio for like 5 years. That should be enough to live in a perpetual vacation.
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andulolika
Legendary
Offline
Activity: 2310
Merit: 1047
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January 11, 2016, 07:18:58 PM |
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75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.
I have not seen million dollars from long time as a cash. If won I will buy bitcoins from 50 % of the amount.and from 50 % I will start a online business too. Where Bitcoins will be accepted. why do you need a million to start a biz?
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ultrloa
Legendary
Offline
Activity: 2898
Merit: 1261
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January 11, 2016, 08:21:54 PM |
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75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.
I have not seen million dollars from long time as a cash. If won I will buy bitcoins from 50 % of the amount.and from 50 % I will start a online business too. Where Bitcoins will be accepted. I think it is good idea to accept bitcoin in your online business. Also pay your employee with bitcoin if they like it.
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R |
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ShrykeZ
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January 11, 2016, 08:29:57 PM |
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I'd use it to get to 2100 total BTC and continue to work as to not get bored.
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lenoli
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January 11, 2016, 08:59:27 PM |
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i am sure, most of you will not buy many btc, if won 1 million $, most of you will buy several btc to enjoy with tham
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HarryKPeters
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January 11, 2016, 09:15:36 PM |
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I would invest just 50K into bitcoin. When the price is back to 300 dollars. I would add 150K to this amount.
The rest of the new money will be used for investments and ventures.
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