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Author Topic: Would u still use Bitcoin if u were a USD multi millionaire?  (Read 8714 times)
emberbekas
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September 20, 2016, 02:38:21 PM
 #101

If I was a multi millionaire that means I will have a good advantage. I can do trading with huge amounts hence if I got profit I'll get it in a huge amounts too! And if something bad happened, for example, the price move down, I can afford to keep it for a longer time till the price move up again. That will be easier to manage since I am a multi millionaire.

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September 20, 2016, 03:05:12 PM
 #102

Who doesn't want more money in his life? Poor wants to become rich and rich wants to be the richest, so if I would be multi millionaire I would still invest in bitcoin to become muti billionaire in future  Grin

Yea, thats true. Money is solution on many problems and bitcoin is future  Grin

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September 20, 2016, 04:42:35 PM
 #103

If im a millionaire I won't be buying anymore Bitcoin as already its prices peaked already. A good and wise millionaire will have mined and collected BTC when its prices are still low. People will always pick what has a good growth to it. When I am seeing Bitcoin's prices daily It won't be any time soon that it will reach the 1000 dollar mark. I would suggest that we must look for something new that will be lunching an ICO.

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September 20, 2016, 05:09:53 PM
 #104

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~

Of course I would still use bitcoin because I know that it has potential. If I am a millionaire, I know for sure the conditions of the economy and the true value of the dollar so in order for me to guard my assets, I would diversify my investments and one of it is bitcoin. In fact, there are already major investors of bitcoin which means that they believe in it and the can profit from it. I should take advantage that its price is not that high yet because time will come when the value of bitcoin is that much high and I would have second thoughts if I will buy one because maybe its price will fall when I bought it at that amount.

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September 20, 2016, 05:26:12 PM
 #105

If I would be multi millionaire then I would prefer to invest in huge amount to get huge profits in future and even if price crashes in future, it won't affect me much financially.
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September 20, 2016, 05:48:14 PM
 #106

Absolutely yes i would have used bitcoins or even i would have used bitcoins even more and more as of now i dont able to use bitcoins that much because i dont have that bigger capital in bitcoins.But with some big amount i would have used it more,may be become a big investor in some programs or casinos or would have started my own.
greBit
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September 20, 2016, 05:50:43 PM
 #107

Absolutely yes i would have used bitcoins or even i would have used bitcoins even more and more as of now i dont able to use bitcoins that much because i dont have that bigger capital in bitcoins.But with some big amount i would have used it more,may be become a big investor in some programs or casinos or would have started my own.

If we are mutli millionaire and if we want to invest in bitcoin the we are standing at least risk, as if we make profits it will be huge and if we loose then we can always find alternate investment to recover our loss, as money is not an issue for us.
2girls
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September 20, 2016, 07:04:52 PM
 #108

I'll always split my money. So yes, I'll still use Bitcoin to good some of my $s. Or at least I'll use Bitcoin to gamble.


I split in 2 or 3 places to keep me safe.

richardsNY
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September 20, 2016, 07:34:30 PM
 #109

Nothing would change for me beside the amounts being greater than they are now. But the fiat and investment ratio percentage would be quite the same. My behaviour will remain exactly the same in that aspect as I am doing well already. Smiley
newcoins1978
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September 21, 2016, 02:15:38 PM
 #110

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~
To be honest I would not make use of Bitcoin because why would I, I am here to make some extra money but if I was reason I would have no reason to do that.
I would then be doing other things in my life something that rich people do.
Xester
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September 21, 2016, 02:38:07 PM
 #111

Yes of course, rich people do not stop making money.  They would use everything that will make them more money.  If I am a millionaire I will use my bitcoin for some of my business.  I will invest some of my money for bitcoins.  Put some more business which accepts bitcoin as payment. 
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October 02, 2016, 06:31:50 AM
 #112

Who doesn't want more money in his life? Poor wants to become rich and rich wants to be the richest, so if I would be multi millionaire I would still invest in bitcoin to become muti billionaire in future  Grin

Yea, thats true. Money is solution on many problems and bitcoin is future  Grin

But nowadays I’m pretending be millionaire by bitcoin/cryptocurrencies   Smiley Smiley

pitham1
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October 02, 2016, 07:32:01 AM
 #113

I would still use it, but I would not hoard it.
My objectives of using Bitcoin would be vastly different from what they are today.

pooya87
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October 02, 2016, 07:43:46 AM
 #114

yes, definitely!
especially for transferring large amounts of money. think about it, banks and other methods of transferring money usually take high fees and mostly based on a percentage of what they are sending but bitcoin takes a fixed amount so you can send 1,000,000BTC for only a cost of 0.0002BTC as fee!

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betohell
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October 02, 2016, 08:12:00 AM
 #115

yes, definitely!
especially for transferring large amounts of money. think about it, banks and other methods of transferring money usually take high fees and mostly based on a percentage of what they are sending but bitcoin takes a fixed amount so you can send 1,000,000BTC for only a cost of 0.0002BTC as fee!
yeah right what you say you can still use bitcoin for other things. Of course you can use bitcoin to send money anywhere without fear of fees are high and you can do it wherever you are

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October 02, 2016, 12:29:55 PM
 #116

I would still use it, but I would not hoard it.
My objectives of using Bitcoin would be vastly different from what they are today.

Well we can't deny that because of hoarding people are becoming rich and multi millionaire with it. And if I am going to have multi-millions of US dollars. I will still going to use bitcoin because that is the one that is going to help me reach my dream and goal for being a successful and wealthy person and that is going to remain as a good additional income.



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October 02, 2016, 01:53:23 PM
 #117

If I were a USD multi-millionaire I would en-cash some of those funds and exchange them to get Bitcoins. This would let me have a certain proportion in Bitcoins and the remaining majority in cash. Most rich would prefer doing this cause of the non-taxable value of funds they own offshore and it's untracable easily.
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October 02, 2016, 01:55:06 PM
 #118

Absolutely yes because you can buy anything in the internet anonymously by using bitcoin and not jeopardizing your real information online. If you can hide your fetish online much better by not using your credit/paypal account .
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October 02, 2016, 01:56:33 PM
 #119

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~
well if i had millions of dollars, i would use bitcoin more than i am doing right now because i would have more money to spare to buy buy btc.
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October 02, 2016, 01:57:33 PM
 #120

If I would be multi millionaire then I would have invested huge amount in trading and would keep on taking benefits from each and every small fluctuation and would have made huge profits from it.

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