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One million dollars in USD in US dollars or BTC?
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Topic: One million dollars in USD in US dollars or BTC? (Read 1773 times)
jamestown2035
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Re: One million dollars in USD in US dollars or BTC?
June 04, 2013, 09:07:50 PM
#21
I'd take it 50/50. Just in case one of them fail.
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securityguy
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Re: One million dollars in USD in US dollars or BTC?
June 04, 2013, 09:21:53 PM
#22
If you lived in Cyprus or had a bank account there, that $1m USD would have become $128k (~100k EUR), whilst the BTC holder would still have the SAME number of bitcoins!
bitcoinbear
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Re: One million dollars in USD in US dollars or BTC?
June 04, 2013, 09:34:44 PM
#23
I would rather have the 8333 bitcoins than the 1000000 dollars.
But if you were going to give them to me, I would take the dollars and use them to buy bitcoins, saving some dollars for my personal spending until bitcoins become more widely accepted. This would push up the price of bitcoins, meaning the first bitcoins I bought would go up in price as I continue buying.
If you take the bitcoins the reverse is true, as you sell them to get more widely accepted dollars you push down the price and the rest of your bitcoins are thus worth less.
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franky1
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Re: One million dollars in USD in US dollars or BTC?
June 04, 2013, 09:37:25 PM
#24
having a nice little nest egg before bitcoins came into my life here is what i actually done
50% bitcoin
40% secure my housing/lifestyle
10% FIAT for those surprise emergencies that always come up
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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