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Author Topic: What are you going to do, when (if) bitcoin hit $1000/BTC?  (Read 10768 times)
Ulysses (OP)
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May 11, 2011, 02:41:10 AM
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What are you going to spend your millions on, when bitcoin hit $1000? Luxury consumption or something else? Smiley
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stic.man
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May 11, 2011, 02:43:06 AM
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i wont be quite in the millions but i'll buy some rental properties and retire a slumlord!
PwrLeveld
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May 11, 2011, 02:43:43 AM
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Ummmm. I would dance for joy and tell my dad it wasn't a scam. If it were a scam the US would surely have sued or tried to destroy the network before then.

Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
tiberiandusk
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May 11, 2011, 02:46:03 AM
 #4

Pay off my student loans so the assholes will stop calling me.

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May 11, 2011, 02:57:00 AM
 #5

If it were a scam the US would surely have sued or tried to destroy the network before then.

Bernie Madoff was a scam and instead of suing him they made him Chairman of the NASDAQ.

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PwrLeveld
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May 11, 2011, 02:58:36 AM
 #6

Yes, but if this type of operqtion was a scam someone would say child porn and the goverment would scramble to shut it down but would ultimatley fail. TOR anyone Grin

Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
kgo
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May 11, 2011, 03:02:26 AM
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Twins.
PwrLeveld
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May 11, 2011, 03:07:48 AM
 #8

^ Grin Grin Grin
ROFL

Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
ColdHardMetal
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May 11, 2011, 03:37:17 AM
 #9

buy some rental properties and retire a slumlord!

This.


Pay off my student loans


and that.

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May 11, 2011, 03:48:33 AM
 #10

I believe I will buy some bitcoins at that point since they're a proven store of worth.

 Undecided
kiba
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May 11, 2011, 04:06:54 AM
 #11

I will continue building my business and donate 10% of my profit to a charity dedicated to fighting aging.

kinghajj
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May 11, 2011, 05:06:55 AM
 #12

I'd probably sell half of whatever I have by then for USD, and invest that somewhere (stocks? bonds? land?) The rest I'd keep, just in case the value goes up any more, and to spend in what I hope will be a vast Bitcoin economy Smiley
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May 11, 2011, 05:07:48 AM
 #13

What are you going to spend your millions on, when bitcoin hit $1000?

Buy new underwear.
sirius
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May 11, 2011, 05:18:26 AM
 #14

Buy the government and turn it off  Smiley

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May 11, 2011, 05:31:09 AM
 #15

Hookers and blow, anyone?

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May 11, 2011, 05:36:13 AM
 #16

Buy the government and turn it off  Smiley

My back-of-napkin numbers suggest that BTC will need to hit at least 1,000,000 USD to make this viable. Cheesy

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May 11, 2011, 05:58:26 AM
 #17

Sell interviews in the TV as a Bitcoin Expert Investor.
wumpus
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May 11, 2011, 05:59:14 AM
 #18

Quit my job and only do open source development.

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
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May 11, 2011, 06:32:04 AM
 #19

Be pretty well off, at least.
SgtSpike
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May 11, 2011, 06:36:36 AM
 #20

Meh, that'd only be about 23 grand for me at this point.

I suppose I'd put it towards my student loans.
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