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Author Topic: If you had suddenly 500 BTC  (Read 6363 times)
brigadier2001
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July 14, 2016, 11:13:56 PM
 #161

With that amount i would keep atleast 200BTC and spend the rest on finishing the house buying a car and maybe open a small project like a bakery a coffeshop or something like that
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July 15, 2016, 12:20:30 AM
 #162

For that amount I do not think I'll send to my bank account, because it could be a question of the government because I work in the government and I may even accused of graft. I prefer to use that amount to an investment BTC Smiley hehe

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July 15, 2016, 12:40:54 AM
 #163

If I suddenly had 500 bitcoins I would use 90% of them to invest. The other 10% of them I would sell them and with the money I would have some real nice vacations
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July 15, 2016, 01:06:48 AM
 #164

500 bitcoin suddenly when I have, I will give a half of my bitcoins to my mother and other poor peoples in around my home. and a half again I will make capital for to be entrepreneur  Grin
I am serious LOL
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July 15, 2016, 01:48:02 AM
 #165

500 bitcoin suddenly when I have, I will give a half of my bitcoins to my mother and other poor peoples in around my home. and a half again I will make capital for to be entrepreneur  Grin
I am serious LOL

That is great intention, for me if i have 500 btc this is a huge amount of money at first i will give 20% to our church then 30% i will give it to my parents and the rest of 50% i will threat my self i will spend what i want of course the start a business is included in the 50%.
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July 15, 2016, 01:54:22 AM
 #166

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

Nice try Department of Justice Smiley

Just pay your taxes and stop trying to skimp, its how you get arrested.

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July 15, 2016, 02:10:41 AM
 #167

I would disappear right off of the face of the earth. You will be able to find me on some tropical island where weed is legal. But seriously, i would probably convert half of it to fiat, and hold the rest hyper long term hoping for it to surge (just imagine the price a few halvings s from now). Would maybe look at investing in a btc denominated asset if that ever becomes a thing again.
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July 15, 2016, 02:28:25 AM
 #168

I would disappear right off of the face of the earth. You will be able to find me on some tropical island where weed is legal. But seriously, i would probably convert half of it to fiat, and hold the rest hyper long term hoping for it to surge (just imagine the price a few halvings s from now). Would maybe look at investing in a btc denominated asset if that ever becomes a thing again.

I would love to be with you on that island too puffing some dopes. Caribbean perhaps?
Will try to buy a beach front properties if i have that amount and from there i will set up a wharf where i could just do fishing, plant veges and everything to sustain. Will travel using my boat everyday too living a dream.

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July 15, 2016, 02:57:31 AM
 #169

500 bitcoin suddenly when I have, I will give a half of my bitcoins to my mother and other poor peoples in around my home. and a half again I will make capital for to be entrepreneur  Grin
I am serious LOL

That is great intention, for me if i have 500 btc this is a huge amount of money at first i will give 20% to our church then 30% i will give it to my parents and the rest of 50% i will threat my self i will spend what i want of course the start a business is included in the 50%.

I can spend my bitcoins for all, and be an entrepreneur is can growth my bitcoins again with more much Smiley
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July 15, 2016, 02:59:55 AM
 #170

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

I will turn all my bitcoins into fiat with many exchanger in my country. Because if i'm do it only with 1 exchanger, they will ask something and i'm not like it.
abhishek94
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July 15, 2016, 03:05:33 AM
 #171

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?
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July 15, 2016, 03:16:46 AM
 #172

If 500 BTC will suddenly come to my account I would prefer to to buy a car so I can go to places where I want to visit here in the Philippines. Because having  a car will enable me to visit places and tourist spots with ease and no hustle. The remaining balance on my account will be allocated for an investment, preferably an online business.

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July 15, 2016, 03:22:36 AM
 #173

I'd find the nearest online roulette and put the lot on black.
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July 15, 2016, 03:27:11 AM
 #174

If 500 BTC will suddenly come to my account I would prefer to to buy a car so I can go to places where I want to visit here in the Philippines. Because having  a car will enable me to visit places and tourist spots with ease and no hustle. The remaining balance on my account will be allocated for an investment, preferably an online business.

Hahahah, you have a sense of humanity is very low. It's proven you instantly do things that can harm yourself and people who own those funds. So I hope you can do way better (give priority to restore those funds). If it does not you can find then you deserve to have it, but after some people recognize these funds then you must return it
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July 15, 2016, 03:32:44 AM
 #175

If i have 500 btc then i would divide it at different things like:
250 btc for my future
5btc for my remaining 2 years in college
2 or 3 btc to buy high-end desktop
10 btc to build a business
50 btc to invest at altcoin trading

And the rest of it i will buy some solar panels and mining rigs to mine my own bitcoin. Grin
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July 15, 2016, 03:38:07 AM
 #176

I'd find the nearest online roulette and put the lot on black.

roulette is similar gambling. why are you spend your time only for playing roulette. still much way to double your bitcoins with easy  Smiley
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July 15, 2016, 03:54:19 AM
 #177

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

I will turn all my bitcoins into fiat with many exchanger in my country. Because if i'm do it only with 1 exchanger, they will ask something and i'm not like it.

better you save some for future reference, for me 500btc is very high , hope i reach it, buy a jet and im be richman B-)

anyway with 500btc maybe in future you are the 10th richest in forbes ?
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July 15, 2016, 04:11:57 AM
 #178

I wouldn't transfer the BTC to my bank account.

But if I had to, I would do it in small amounts when I need to/want to spend the money.

I would spend the BTC without transferring it to usd.
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July 15, 2016, 04:21:08 AM
 #179

How would you transfer the btc to your bank account without making the Banks / OECD /  ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

I will turn all my bitcoins into fiat with many exchanger in my country. Because if i'm do it only with 1 exchanger, they will ask something and i'm not like it.

better you save some for future reference, for me 500btc is very high , hope i reach it, buy a jet and im be richman B-)

anyway with 500btc maybe in future you are the 10th richest in forbes ?

the expectations for get 500 btc is great idea. how you will earn 500 btc as you would expect, and how long time do you need for get it. it's very impossible for me to get earn 500 bitcoin within a day.
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July 15, 2016, 05:12:24 AM
 #180

I wouldn't transfer the BTC to my bank account.

But if I had to, I would do it in small amounts when I need to/want to spend the money.

I would spend the BTC without transferring it to usd.

Converting it sounds like digging your own grave doesnt it? I'm sure anyone would convert if it was desperate conditions but the idea of just converting it just to have it in their currency, in a bank or not, is asking to be shot or jailed.

I definitely not quit my job but convert enough, or if I can I would use the BTC straight, to pay off any debt I have at that time and just live comfortably rather than doing something drastic as moving to an isolated island. But to each their own, to others I'm sure my plan sounds crazy.
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