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Author Topic: From 1 Bitcoin to 100 Bitcoins - what would you do then?  (Read 3153 times)
Blackmet
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June 28, 2016, 02:06:09 PM
 #21

I think that if i get 100 bitcoins for 1 i will cashout instantly, cause i want to buy a new car and it's will be something like a gift for me. Hope that will happen to me someday Grin Grin

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June 28, 2016, 02:36:44 PM
 #22

What would i do then i dont know what to do than how do you think i will get 100 bitcoins just from 1 dont think that
would happen ever. There are always people speculating about this kind of bullshits.
Yeah what I want to know is how he is going to make 100 Bitcoin from just 1 Bitcoin that is just not possible. He could try it with gambling but I am sure that he is just going to lose that 1 Bitcoin.
So if you do not know how you are going to this this do not speculate about it.
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June 28, 2016, 02:41:26 PM
 #23

I mean, I would take my decision (and solicit opinions for the decision) in private, not in public. Basically, I hope you're posting this through some IP anonymising service, because otherwise, you're kind of leaking more information about your BTC holdings than I would consider wise. I use anonymising services to login to bitcointalk.org, and I still don't reveal my BTC holdings (past, present or future) on this forum. Bear in mind that other people might copy your behaviour without taking precautions, you wouldn't want that, would you?

+1
The amount of disclosure of btc holdings on this forum is mind boggling.  Huh

I love Bitcoin
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June 28, 2016, 02:46:14 PM
 #24

Nowadays it is rather unlikely that you will generate a 100x return from buying/selling altcoins. And if you really find a way to do this, why would you stop using the method after you've made 100 BTC?

Most altcoins are junk with zero positive future prospects. The only way you could theoretically generate returns is by successful back-and-forth trading of the currency pairs. But as a longer terms investment, altcoins are a really bad choice. Their potentially useful features will be sooner or later adopted by Bitcoin, making them obsolete.

If I would have 100 BTC, I would simply do the same as I'm doing today with my small amount: HODL until I can buy my daily necessities directly with Bitcoin.

ya.ya.yo!

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June 28, 2016, 03:40:33 PM
 #25

withdraw most and do things as usual on trade altcoins.

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June 28, 2016, 03:46:58 PM
 #26

Rather than my day job, if I've such a big volume of bitcoin only little portion based on requirements will be cashed out. Remaining will be used to multiply as well implement business with bitcoin acceptance.
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June 28, 2016, 04:15:49 PM
 #27

Rather than my day job, if I've such a big volume of bitcoin only little portion based on requirements will be cashed out. Remaining will be used to multiply as well implement business with bitcoin acceptance.
wow interesting you have very good intensions and hope that you will accomplish your wishes. I personally have very limited amount of bitcion and I have hold them for the price increase. but I am hopeful that very soon I will double my balance.
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June 28, 2016, 04:20:47 PM
 #28

@ Carlton Banks, i know what you mean. But i dont have 100 BTC you must not worry  Grin   Cry.

But you are right, when i would have 100 BTC, then i wouldnt even post with the same PC and same IP where my Bitcoins are.

I'll definitely do the same,you might become a target if they know how much or how large bitcoins you are holding,it's always best not to flaunt to much,they might think too that you are some sort of dev of altcoins ..

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June 28, 2016, 04:34:54 PM
 #29

@ Carlton Banks, i know what you mean. But i dont have 100 BTC you must not worry  Grin   Cry.

But you are right, when i would have 100 BTC, then i wouldnt even post with the same PC and same IP where my Bitcoins are.

I'll definitely do the same,you might become a target if they know how much or how large bitcoins you are holding,it's always best not to flaunt to much,they might think too that you are some sort of dev of altcoins ..
Considering the nature of Bitcoin and how the protocols work, you're actually safer flaunting how much Bitcoin you own as opposed to flaunting how much fiat you own. It is far easier to gain access to a fiat bank account or fake an identity and gain access that way when you compare it to gaining access to a Bitcoin wallet. If you aren't retarded and you pay attention to who sends you what and what it is, you should be mostly ok.
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June 28, 2016, 04:43:32 PM
 #30

When you would make with a altcoin for example from 1 Bitcoin 100 Bitcoins, what would you do then?

This would be right now about 65.000 Dollar.

1. Would you cash out everything?

2. Would you invest in 5 new icos with each 20 Bitcoins and hold long term (12 - 24 month) and hoping that some of that 5 icos will double your 20 Bitcoins again 10x or more times? = 500 or more Bitcoins

3. Would you invest in altcoins?

if I get so much i will amount to cash out all my BTC and then I will make a party to my house. I just want to celebrate my to earn the BTC. and then build a business like shop, so I'll have money again. more money to come to me if I may be 100BTC much better if i get i will invest 100BTC other site for bitcoin more to come with me. but it is very hard for that, it's hard to get 1 BTC that so? just to dream really thats. 😂😂😂
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June 28, 2016, 04:55:01 PM
 #31

i would hold at least half of it and try investing the rest in promising altcoins.
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June 28, 2016, 04:57:08 PM
 #32

i would hold at least half of it and try investing the rest in promising altcoins.

That's the right thing to do as I feel that altcoins has a great future ahead and it would be an profitable decision to invest in altcoins.
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June 28, 2016, 05:03:17 PM
 #33

Well, most financial advisors will tell you to settle the debt with the highest interest rate first, until all your debt is paid. There are only a small percentage of people in this world without debt. I will also

diversify into other Alt coins {You even have to hedge against Bitcoin failing....} The best option would be to buy some assets... no matter what happens in the global economy, you should be able to

sell those assets at a later stage.  Roll Eyes

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June 28, 2016, 05:57:44 PM
 #34

I would not be cashing anything out if I made such a huge amount of Bitcoins. I'd basically save most of those coins and also spend a portion on electronics and food.
Just to avoid paying taxes on it Smiley

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June 28, 2016, 06:06:32 PM
 #35

What would i do then i dont know what to do than how do you think i will get 100 bitcoins just from 1 dont think that
would happen ever. There are always people speculating about this kind of bullshits.
then why are you on this thread if you dont care about this kind of "bullshits"? i think it is possible for example in playing gambling games or investing your bitcoins somewhere

i would most probably invest it all into a gambling website or do some cryptocurrency trading, i would surely not spend any bitcoins then but i would save it to make more money in the future

 
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June 28, 2016, 06:10:23 PM
 #36

I would not be cashing anything out if I made such a huge amount of Bitcoins. I'd basically save most of those coins and also spend a portion on electronics and food.
Just to avoid paying taxes on it Smiley

I think you should sell if you see all time high price ever, and if you don't sell and keep on saving then it can be risky if price falls in future, don't miss a single opportunity to earn profits from it.

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June 28, 2016, 06:17:27 PM
 #37

Surely i will withdraw half of the, i.e 50BTC ...rest i will hold them and will do nothing with them for quiet some time...hope for btc price to increase...and will have some party first of all Tongue
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July 18, 2016, 01:26:25 PM
 #38

I would pay for my sister's education, buy a flat, travel somewhere and try to keep around 10 000 untouched for something in the future

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July 18, 2016, 01:43:30 PM
 #39

if i can make 100 bitcoin with 1 bitcoin in a short time like OP suggest (investing in an altcoin) then i would cash all of it out and put in my cold storage (maybe sell a couple for $$$) and then continue my investment with the same amount of 1 bitcoin as before.

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July 19, 2016, 07:01:29 PM
 #40

if i can make 100 bitcoin with 1 bitcoin in a short time like OP suggest (investing in an altcoin) then i would cash all of it out and put in my cold storage (maybe sell a couple for $$$) and then continue my investment with the same amount of 1 bitcoin as before.
And what if it suddenly goes wrong and after having at first 100 BTC for 1 you then get 0.001 out of 1 BTC?

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