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Author Topic: What will you do if you own 21 BTC?  (Read 41081 times)
Xanidas
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August 25, 2016, 06:51:45 AM
 #521

if i have 21btc which is roughly half a million in my currency, i will definitely cash out half of it and start my own business and the other half will be used in trading and entertainment purposes


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August 25, 2016, 07:30:42 AM
 #522

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
Its better to invest atleast 10 btc to open several online services related to bitcoin/blockchain in our country rather than investing in stocks/land. As this can be little helpful in development and adoption of bitcoin in local level.

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August 25, 2016, 07:52:41 AM
 #523

if i own 21 BTC i will invest them in this areas

Bitcoin P2P Loan
Local Business eg(salon , supermarket, fish business) 
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August 25, 2016, 10:33:21 AM
 #524

if i own 21 BTC i will invest them in this areas
Bitcoin P2P Loan

this is good but there are two big problems with it
- the market is filled with other competition doing the same thing, so it is hard for someone new to come in and starts lending bitcoin
- for bigger amounts of bitcoin there is a bigger risk so you will need to take a bigger collateral, and that is something hard to come by and the trust is always harder in these cases.

Quote
Local Business eg(salon , supermarket, fish business)

this is a good option but it has nothing to do with investing bitcoin. so I don't see why it is relevant at all here!

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August 25, 2016, 10:53:08 AM
 #525

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
Its better to invest atleast 10 btc to open several online services related to bitcoin/blockchain in our country rather than investing in stocks/land. As this can be little helpful in development and adoption of bitcoin in local level.

Starting a business related to bitcoin is good but you also need to make sure that people around you are aware about bitcoins and interested in spending their coins as without their involvement you will never make any profits.
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August 25, 2016, 01:56:50 PM
 #526

I found 2 very good sites, will invest in those then when I make enough build an offline business like a cafe or small restaurant that takes Bitcoin. I got some really wicked house recipes that I know will go really well!


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August 25, 2016, 02:12:33 PM
 #527

I also dream to have 21 BTC but i dont know if it will happen to me, nothing is impossible  Smiley.. But if i own like that maybe i would invest it because investment is quite good and i am hoping to have that  Smiley
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August 25, 2016, 02:15:52 PM
 #528

I found 2 very good sites, will invest in those then when I make enough build an offline business like a cafe or small restaurant that takes Bitcoin. I got some really wicked house recipes that I know will go really well!

Can you share the name of those two sites so that even we can try our luck on it by investing some good amount of coins hoping to make some profits in future.
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August 25, 2016, 02:17:55 PM
 #529

if i own 21 BTC i will invest them in this areas
Bitcoin P2P Loan

this is good but there are two big problems with it
- the market is filled with other competition doing the same thing, so it is hard for someone new to come in and starts lending bitcoin
- for bigger amounts of bitcoin there is a bigger risk so you will need to take a bigger collateral, and that is something hard to come by and the trust is always harder in these cases.

Quote
Local Business eg(salon , supermarket, fish business)

this is a good option but it has nothing to do with investing bitcoin. so I don't see why it is relevant at all here!
That's why it is important to thoroughly research the market before investing, the competition may be there to make things more difficult.
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August 25, 2016, 05:47:17 PM
 #530

if i own 21 BTC i will invest them in this areas
Bitcoin P2P Loan

this is good but there are two big problems with it
- the market is filled with other competition doing the same thing, so it is hard for someone new to come in and starts lending bitcoin
- for bigger amounts of bitcoin there is a bigger risk so you will need to take a bigger collateral, and that is something hard to come by and the trust is always harder in these cases.

Quote
Local Business eg(salon , supermarket, fish business)

this is a good option but it has nothing to do with investing bitcoin. so I don't see why it is relevant at all here!
That's why it is important to thoroughly research the market before investing, the competition may be there to make things more difficult.

Yes you will face lot of competitors in real life business, and I don't think there can be any monopolist business where you can rule the market, but you should come out with some unique idea to earn good profits.
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August 25, 2016, 06:09:57 PM
 #531

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
thats true, though right now you need way more money to be honest, i think you need at least 1000 btc to retire
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August 25, 2016, 09:09:22 PM
 #532

I think everyone wants 21 bitcoins or something close to that figure,that's probably why it will become harder and harder overtime to reach the 21 bitcoin figure. I am hoping I can do it, though.
of course everyone would want to make that much money with bitcoins in my opinion, i would definitely hold it all in my cold storage if i got it
Absolutely true, all users want to have that huge amount of bitcoin and me i want more than of that if i can do, i will open a business that will received payment in bitcoin to boost my earnings and to have more bitcoin and securing my future.
yeah though it is really hard to keep it safe to be honest, i would do trading though exchanges are really not reliable

 
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August 25, 2016, 09:20:33 PM
 #533

This is very decent amount of money. First I would repy some of my debts and with the rest I would start my own business. But since the chances that I own such big amount of Bitcoins is not realistic this will stay only dream.

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August 25, 2016, 09:20:54 PM
 #534

I think everyone wants 21 bitcoins or something close to that figure,that's probably why it will become harder and harder overtime to reach the 21 bitcoin figure. I am hoping I can do it, though.
of course everyone would want to make that much money with bitcoins in my opinion, i would definitely hold it all in my cold storage if i got it
Absolutely true, all users want to have that huge amount of bitcoin and me i want more than of that if i can do, i will open a business that will received payment in bitcoin to boost my earnings and to have more bitcoin and securing my future.
yeah though it is really hard to keep it safe to be honest, i would do trading though exchanges are really not reliable

Make sure you put it in Bitfinex, lol.. Be careful, I would highly recommend you to check EVERYTHING before taking any step.
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August 25, 2016, 10:29:45 PM
 #535

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
you might be right, the price is definitely going to be growing to the sky and in my opinion it will make me some big profit

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August 25, 2016, 11:25:39 PM
 #536

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
you might be right, the price is definitely going to be growing to the sky and in my opinion, it will make me some big profit
Useless, you're not seeing a real situation, you're just giving your dream but in this time and until passing the halving is not showing markings the price will going up for high and bullshit just for speculate. we know can't relied with increasing of the price in this time, and a once way is wanna making a rotation for our amount.

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August 25, 2016, 11:45:52 PM
 #537

21 BTC is enough for us to live in a few years , especially if we live in a developing country like me , but if I had I would invest 21 BTC to several investment options are quite good , such as land and stocks
you might be right, the price is definitely going to be growing to the sky and in my opinion it will make me some big profit
Well to the sky i dont know if i will still be alive to see such, see bitcoin worthing 1000 dollars for sure i will be alive, next 10 years price should achieve it atleast is my projections. If i get 21 bitcoin now or in some years for sure i would trade a bit of them to travel with my family, and who knows buy a car.
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August 26, 2016, 01:08:45 AM
 #538

I know about 21 BTC but I saw the silhouette of the coins in BTC will not grow, the other way, such as ETH or DASH
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August 26, 2016, 02:16:16 AM
 #539

For me i will start a small business that make my life stable, and the excess bitcoin will be my capital for trading and investment in bitcoin to increase my earnings, and to make 21 bitcoin back again in my wallet.
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August 26, 2016, 02:21:05 AM
 #540

i will draw some amount and made some services in real life first because we never know what will happen with bitcoin price , no one know what will happen in future so i prefer to save my money first than speculate
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