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Author Topic: If i give you 10 BTC what will you do?  (Read 228903 times)
RoommateAgreement
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July 10, 2016, 04:53:35 PM
 #1981

Exchange into fiat all the 10 btc,and start building my own house. And bitcoin will be my life savior,without it i cant grant my wife,'s wish to have our own house

where do you live that you can "build" a house with $6500?!!
because i am thinking about buying my own hosue but that would cost me at least 31BTC if i did the conversions right. and that is the cheapest option.

Buying the dip...
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July 10, 2016, 05:13:31 PM
 #1982

i would just save it all in order to make profit in the future or just sell it all right now as that would be really easy

 
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hermanhs09
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July 10, 2016, 07:51:11 PM
 #1983

i think that you would be amazed,how many people would just take it,
and deposit all of them into some gambling site,hoping to get rich.
Of course it is not actually possible...
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July 10, 2016, 08:13:51 PM
 #1984

For me if you give me 10 bitcoin i will exchange it to fiat and start a business like restaurant which is the people here in my country is food lover. I will take advantage of that huge amount of money and if have an excess i will invest back in bitcoin and hold until it will gives me lots of profit.
i would most probably convert some bitcoins to fiat too, in my opinion i would hold the other part in order to make even more money over time in the future when the price will take a jump

Well I would suggest that convert it too fiat immediately. Take the chance to hold it for a longer time. And if you think the price is going to satisfy you then we can't do anything with it but just sell it.
It's a matter of personal opinion on whether he wants to convert it to cash or not. If we look at the bigger picture, maybe someone's in need of cash urgently that's why he's cashing it out. We never really know the full situation of a person unless we ask.
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July 10, 2016, 08:23:16 PM
 #1985

i would just save it all in order to make profit in the future or just sell it all right now as that would be really easy
most probably i would save most of it too because im pretty sure that it will allow me to make some good money easily if the price takes a huge jump after the halving right now

 
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July 10, 2016, 08:27:48 PM
 #1986

10 bitcoins is a good amount for starting a small business in our local market, so with that amount I will start a small business and with some of the amount I will start a blog where I will earn some money from adsense.
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July 10, 2016, 08:37:32 PM
 #1987

Exchange into fiat all the 10 btc,and start building my own house. And bitcoin will be my life savior,without it i cant grant my wife,'s wish to have our own house

where do you live that you can "build" a house with $6500?!!
because i am thinking about buying my own hosue but that would cost me at least 31BTC if i did the conversions right. and that is the cheapest option.

Well here in my country you can already build a good house with that amount. You just really need to choose the material of your house and going to manage your budget tightly.
Because if you are going to buy an house that is already fixed that is really not enough at all.
Yeah, I think in 3rd world countries 6500 can already give you a decent house with atleast 2 bedrooms and a good living room. Not too much but that's the common price for a house that has no floors.
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July 10, 2016, 09:17:56 PM
 #1988

1 BTC for gambling to possibly turn into a lot more BTC
2 BTC to buy altcoins on exchanges
3 BTC to exchange for fiat to buy stuff
4 BTC to hold onto

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July 10, 2016, 11:07:15 PM
 #1989

The first thing I will do if you give 10btc is of course saying thank you very much,  maybe I will a bit confuse on what to do next because I never own 10btc. Maybe I will only exchange it to fiat and withdraw it immediately then buy some stuffs that I need.

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July 11, 2016, 01:47:52 AM
 #1990

1 BTC for gambling to possibly turn into a lot more BTC
2 BTC to buy altcoins on exchanges
3 BTC to exchange for fiat to buy stuff
4 BTC to hold onto

I would say that don't allocate a budget in gambling on that amount. 1 Bitcoin is already big for putting it up on gambling.
It is better to add it up to holding budget or trading budget.
That is correct gambling is not profitable and do not invest on that you only lose all your bitcoin there. Its better to hold and wait for the good profit because the price of bitcoin will going to increase in the future. 10 bitcoin is huge amount it will give also huge profit in the future.
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July 11, 2016, 02:27:52 AM
 #1991

If you give me 10 BTC right now i will invest in my education so i can help my parents/guardian in expenses in my school and probably pay my tuition fees and other miscellaneous expenses and the remaining would be put in an investmen others i will rather trade my bitcoins into another coin so it will grow fast (hopefully)
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July 11, 2016, 02:29:33 AM
 #1992

Save it for 5 years and then by a boat. Shocked
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July 11, 2016, 02:54:10 AM
 #1993

Save it for 5 years and then by a boat. Shocked
buy* how if after five years bitcoin died or after five years bitcoin decrease price down to 100$  nobody knows what will happen after 5years Smiley so if i were you id rather sell my bitcoins or convert it into cash so that you will avail to buy some of your needs daily buy some staff lmao you can't just hold your bitcoins until 5 years
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July 11, 2016, 04:17:38 AM
 #1994

I would buy the supply of the majority of coins you could control that have just launched or are cheap but do it smart Wink

Do that 10 times and you will be rolling in it for a while.
Buy the majority of coins you could control? I'm sorry but I do not think I understand.
You have 10 bitcoins and you would buy coins with coins too? I do not know how'd you'd be able to do that.


What he means is that he would find an altcoin with a small market cap and become a whale, since 10 bitcoin would make him/her a large holder.
The plan sounds good on paper, with if you execute it poorly you can say goodbye to your 10 bitcoins too.
Actually many people are investing into altcoins,just because they hope that some altcoin
will repeat the phenomenon of bitcoin,that it will rise really high.
That's why many people enter into altcoins blindly...

Well for me I'm just going to hold that 10 bitcoin at all for a long time but of course not really long.
I will wait for the right time with the good price and after that I'm going to cash it out.

Waiting is the best thing you can do. And please be realistic. It's not that we can see the same kind of rise in 2/3 months. You have to be really patient and give bitcoin a chance.

I like your statement because many of people are not patience on this time. and always sue the bitcoin to become as they wish. bitcoin needs a time and all of their wishes will not happen with instantly. there is a lot of people is make a big deal with this.

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July 11, 2016, 05:02:51 PM
 #1995

He is not going to give anyone here 10 btc.

I could save the world with 5 bitcoins, using the principle of LEVERAGE
and the fact that facebook charges $10 for 10 website visitors
Bitcoin charges 7¢ for 10 website visitors!
I can pay 10 dollars or 7 pennies for 10 visitors,
and the bitcoin visitors already know what bitcoin is.

Couple that with my action plan - how I plan on saving the world.

The originator of this post will never see my plan, but you will!

And I have a way of selling bitcoin to the masses - because I have a way with words.
I even helped my high school comrades understand calculus when my teacher couldn't!

This is by far the best explanation I have ever seen.
Now, can we actually have those other threads that ask how to explain bitcoins to other people closed.

This thread is otherwise dead!

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July 11, 2016, 05:20:32 PM
 #1996

Now I am in an emergency to buy a car for my family. Finding ways to gather the required amount from sources. I will be very happy if I were to have 10 btc now. Really will be more fun.
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July 11, 2016, 05:40:49 PM
 #1997

Give me 10 BTC and I will let you know what I've done with it  Wink

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July 11, 2016, 07:00:05 PM
 #1998

Give me 10 BTC and I will let you know what I've done with it  Wink
i think it will be better to tell him in advance. i think it is his right to tell him so that he may know in advance that for what purpose he has given money to you.
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July 12, 2016, 05:20:22 AM
 #1999

Give me 10 BTC and I will let you know what I've done with it  Wink
i think it will be better to tell him in advance. i think it is his right to tell him so that he may know in advance that for what purpose he has given money to you.


Of course op wants to have assurance on what you are going to do with it so that he will be on comfort to know what he is going to do with 10 bitcoin.
But for me I'm just going to keep holding it until the price is going to satisfy me and then sell it.


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July 12, 2016, 12:40:07 PM
 #2000

Give me 10 BTC and I will let you know what I've done with it  Wink
i think it will be better to tell him in advance. i think it is his right to tell him so that he may know in advance that for what purpose he has given money to you.


Of course op wants to have assurance on what you are going to do with it so that he will be on comfort to know what he is going to do with 10 bitcoin.
But for me I'm just going to keep holding it until the price is going to satisfy me and then sell it.


All things that you say here is the basis of OP what he's going to do with his bitcoin. That's why he post it and try to get any ideas what's the best to do with that amount of coins.
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