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Author Topic: What would you do if you received 20 bitcoins?  (Read 9713 times)
giveBTCpls
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August 24, 2014, 03:30:41 PM
 #161

I would exchange it to euros or so. Then buy some good gaming computer and PS4 (because exclusives) and rest i would put to bank for some time

What would you use to commit suicide when in 5 years you find out you could have been rich?

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Cortex7
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August 24, 2014, 03:41:59 PM
 #162

Put it in a cold wallet.

Activate a "google alert" for TX details, just in case some poor SOB was desperately trying to get it back, then I would get alert in my email that somebody somewhere was chattering about the TX and investigate the matter.

It would not be wise to publish that you had been mistakenly sent it, you would become a scammer magnet and then have to trawl through a never ending stream of bullshit.
iawgoM
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August 24, 2014, 04:46:22 PM
 #163

I was always wondering if this random payment is even possible. It would have to be someone who had your BTC address from before, right?
Wooden Plate
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August 24, 2014, 05:23:12 PM
 #164

I would Jump into air at first and forget it completely for a year that it even existed,then come back and you know  Roll Eyes
linux lewis
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August 24, 2014, 05:42:03 PM
 #165

Buy a few vouchers for IT certifications I need and do maintenance on my car. Save the rest.
zeeshan98210
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August 24, 2014, 05:46:43 PM
 #166

I think I would invest them in something related to Bitcoin Cheesy
Ayers
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August 24, 2014, 06:19:42 PM
 #167

I think I would invest them in something related to Bitcoin Cheesy

this mean that you would spend them?

Cortex7
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August 24, 2014, 06:40:56 PM
 #168

I was always wondering if this random payment is even possible. It would have to be someone who had your BTC address from before, right?

It's possible but not very probable:

Quote
The probability that a mistyped address is accepted as being valid is 1 in 2^32, that is, approximately 1 in 4.29 billion.
source: https://en.bitcoin.it/wiki/Address

If by chance an address mistype were a valid address then the sender loses the coins. The coins are sent to that address.

If that mistyped valid address is already in use then the user will receive the coin, but that again is a very small chance. Most addresses are not in use.

If it is not in use then the coins will still go to it.

I am not sure about the mechanism from here though? Say an unused address has coins deposited to it what happens to them, will some future user get lucky and generate a new wallet with that address only to find it with coin already in? I suspect wallet clients will check any newly minted addresses for transactions, if any found then forget it and generate a new one. In which case the coin is gone "forever".
UberWallet
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August 24, 2014, 07:33:21 PM
 #169

40% of the time its traceable or something, i hope it can be traced so i can contact the sender or it wasn't a mistake, if it wasn't a mistake i would convert it to EUR and put that on my bank, if it can't be traced i would do the same as when it is not a mistake  Grin
FFrost
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August 25, 2014, 06:22:06 AM
 #170

I dunno because no one has sent me them.
Coinhunter32
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August 25, 2014, 12:15:33 PM
 #171

I would in no time withdraw 10 of the BTC and party like never before and Hold the rest of 10 till it peaks
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September 02, 2014, 05:41:21 PM
 #172

Your just sitting there and you get a notification that you have received 20 bitcoins out of nowhere. What would you do?

I'd try to make them grow, so I'd look for bitcoin investments. Like Bitfinex or Dicebitcoin.
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September 02, 2014, 07:37:43 PM
 #173

HODL,  obviously.

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Gargulan
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September 02, 2014, 08:17:48 PM
 #174

Keep it.

soccosocco
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September 02, 2014, 08:25:48 PM
 #175

if i get 20 bitcoin i will sell it all and I will use for my education costs  Grin
BitcoinStuff
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September 02, 2014, 08:35:07 PM
 #176



Spend it  Grin

Decksperiment
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September 02, 2014, 08:37:28 PM
 #177

Buy a brother.. to send him back to his brethren with the gift of knowing I did..

Why?
minerpumpkin
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September 02, 2014, 08:40:22 PM
 #178

I would wait for people to send some message via the blockchain or post something that they just send BTC to my address. I'll then go and contact them. If they do want the BTC back, I'd ask them to confirm their legitimacy (sign from the sending address) and return the BTC. If I may keep the BTC, I'd thank them a lot!

I should have gotten into Bitcoin back in 1992...
Gronthaing
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September 02, 2014, 08:58:45 PM
 #179

Your just sitting there and you get a notification that you have received 20 bitcoins out of nowhere. What would you do?

Would someone like to try it out to see what I would do? Smiley
cookiemonsterwhat
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September 02, 2014, 09:03:25 PM
 #180

I sent .2 to a wrong address, I made someones day.  Roll Eyes

so that 20 btc would be a huge help of recovery lol.
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