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Topic: Borrowed $1,000,000 (1 million dollars) from my dad to invest in BTC (serious) (Read 18460 times)

legendary
Activity: 1050
Merit: 1000
To the OP: not sure if mentioned already, but you should probably read the "inheritance of brother and sister" story from few weeks ago.

You got a link for that? Sounds interesting.

Some dude inherited around $750k (which was for both him and his siter). He lost most of it trading bitcoins. Don't have a link, sorry.

found it on reddit:
http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/

He got carried away! Should have invested in 5-5% parts IMO.

Guess you need idiots like that to make the whales richer.

A part of me laughs at him, and another feels sorry.
full member
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
To the OP: not sure if mentioned already, but you should probably read the "inheritance of brother and sister" story from few weeks ago.

You got a link for that? Sounds interesting.

Some dude inherited around $750k (which was for both him and his siter). He lost most of it trading bitcoins. Don't have a link, sorry.

found it on reddit:
http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/

He got carried away! Should have invested in 5-5% parts IMO.
legendary
Activity: 1064
Merit: 1001
Quote

 I know of people that have made A LOT of money doing this, but I have now lost A LOT of money.


Damn speculators... Oh well, what comes easy, goes easy. This is what one of my friends said yesterday.

He had 10,000 litecoins from the early days but failed to copy his wallet before reinstalling Windows. Gladly he saved all the DLLs from Program Files...
hero member
Activity: 1232
Merit: 516
To the OP: not sure if mentioned already, but you should probably read the "inheritance of brother and sister" story from few weeks ago.

You got a link for that? Sounds interesting.

Some dude inherited around $750k (which was for both him and his siter). He lost most of it trading bitcoins. Don't have a link, sorry.

found it on reddit:
http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/

sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
To the OP: not sure if mentioned already, but you should probably read the "inheritance of brother and sister" story from few weeks ago.

You got a link for that? Sounds interesting.

Some dude inherited around $750k (which was for both him and his siter). He lost most of it trading bitcoins. Don't have a link, sorry.
hero member
Activity: 1232
Merit: 516
To the OP: not sure if mentioned already, but you should probably read the "inheritance of brother and sister" story from few weeks ago.

You got a link for that? Sounds interesting.
full member
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
HAHA i figured this kid sounded like some fuckin childish indian kid with a rich daddy living in the west.

He bitches and moans too much to be a proper asian. Got a punk ass attitude and a pussy backbone too.

What made me mad is when he said "gtfo" to me on Page 7. I mean ohhkayy you are frustrated and trolling makes you feel good, but abusing is not acceptable at all!

DUFFER << yea irony here
newbie
Activity: 42
Merit: 0
You are one big fool gambling with your dad's savings.

You'd be better off opening a start-up with this money at least u'll learn something in the process even if you fail. Hell you can open 10 start-ups with this money and earn yourself a worthy experience instead of putting your money in Bitcoins.

Sure it can increase in value doesn't mean you did the right thing. You can as well gamble with your money in a casino and if you made money in the process doesn't mean you did the right thing is just means you got lucky.

Save yourself and your dad's wealth and find yourself a more honorable way of making money.
legendary
Activity: 1652
Merit: 1265
And I'm a multi-trilionair

Proof:
sr. member
Activity: 420
Merit: 250
I think we have a mental patient here on forum  OR someone frustrated of his daily job.
Don't know how many desperate guys for "BTCtips" fell for his trap.

Ive always fantasized about jerking off in public while looking at a pretty thing, and when i was at the hair dresser's today i thought my fantasy would finally come true. I walked in there and notice the usual older lady that cuts my hair wasnt there, instead there was a beautiful lady in her late 20's, she was wearing a body hugging tight top showing her large firm breasts and ever so tight black leggings with a nice round ass.

The way she move while i watched her giving another person a haircut gave me a boner and i had to meditate to get it down. She called my name from the computer and i stood up and went over to the chair, from the second i sat down i could feel the sexual energy between us as she put that cape over me to protect me from my own hairs making me dirty.

I could feel her body heat as she came in close to cut my hair, i watched her sexy ass move in the mirror, i think she noticed and didnt care, she knew i was gonna give her a big tip (pun intended). My hands were under this cape and before i knew it i was rubbing my hand on my crotch while i watched her, i cant believe a sexy woman like this had her hands on my hair, the same hands that probably go inside her vagina, the same hands that wipe her ass. She kept saying things like "keep ur head straight" and "move it backwards" all while her breasts came ever so close to my face as she trimmed my hair.

I kept rubbing my dick and i had never been so hard in my life before, she actually turned around for a bit to ask her supervisor for something and seeing her fine ass just about sent me over the top. She turned around and asked me if everything was fine, i said yes, then she said "why is ur face red?" I couldn't think of anything and i said "i have an allergy to haircutting", she just kinda gave me a wtf face and kept on cutting.

She hadn't made much small talk but that was fine with me, i was so close to getting caught but i kept going this time concentrating on her vagina protruding from her tight shiny pants. And boooom I blew a fat load in my boxers and started twitching all over the place and she ended up cutting chunks out of my hair, she was like omg dont move then she accidentally stepped on the cape and walked away and thats when i yelled "Nooooooo" as the cape fell off she saw my raging hard erection through the tent i made in my pants, there was also a wet spot there with jizz dripping down my legs. She screamed at me to leave but i started crying and apologizing while saying "please be my girlfriend?!!?!!!" She threatened the police on me so i quickly squeezed her buttocks and ran the f**k out of there. Phew wut a day, i think ill go back there in a month and hopefully she doesn't remember me.


I'm waiting for when BTCs are worth $10,000..... do you think it'll happen within 2 years?

At the rate we are going it seems like it could be next the end of next year.  Looking at the chart 2013 has been a pretty impressive year with many milestones.  It will be interesting to see how 2014 goes for sure.

will u bee my girlfriend?  Cheesy  Wink

Will I ever experience those feels? It must feel amazing to have a large sum of money all the sudden. This will only happen if each BTC is worth $10k-100k in the next 2-3 years. Who here truly believes this will happen? I feel like this is my only change to have success in life
 
Bitcoin pls! Sad 

Never know!
However, do not put all your savings in this. Just in case.
But the thing is... if I win I want to win big. If this is one of those life time opportunities to get explosive gains I want to be in the $millions, not thousands... so I kind of am buying as much bitcoins as I can. I only have 10 right now. The only thing I have going for me is that I'm single so I don't have any wife and kids to worry about if I lose all my money.. but maybe I'm still being stupid?

Where are the f***ing pics girl?




Also why the f*** do people in these forums use decimals instead of commas to represent number segments?? wtf is 100.000?

Because not everyone here lives in the United States.  Roll Eyes


Oh my bad.... I sometimes forget there are other people in this world who think they matter  Roll Eyes


That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing

And what is the point of being a millionaire if you can't even buy a load of bread with 1 million (pick your denomination).


The better question is when can I buy a house or car on a regular basis with BTC.  When it is widely accepted, your paltry 0.1 BTC will be more highly valued.

Um, if you can't buy some bread you are not a "millionaire"... you know exactly what I mean. You can have 1 million rupees (<< but you're not what we in America call a millionaire, which pretty much means you are rich. No need to be a smartass

I own 10 bitcoins and oh boy let me tell you... it feels great to be a millionaire at age 25

I remember my friend telling me dude have you checked the price today! You are rich! And I was sooo happy and I was like HELL YES, FINALLY, I can quit my job and be free! And then I woke up Sad

When will it be my turn in real life? Sad

33, retired. 

Beer, video games, and now bitcoin is how I spend these Winter months.   Grin


I want your life

and, FINALLY this -

I'm not fucking trolling

HAHA i figured this kid sounded like some fuckin childish indian kid with a rich daddy living in the west.

He bitches and moans too much to be a proper asian. Got a punk ass attitude and a pussy backbone too.
full member
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
I think we have a mental patient here on forum  OR someone who is too desperate and frustrated of his daily job.
Don't know how many desperate guys for "BTCtips" fell for his trap.

Ive always fantasized about jerking off in public while looking at a pretty thing, and when i was at the hair dresser's today i thought my fantasy would finally come true. I walked in there and notice the usual older lady that cuts my hair wasnt there, instead there was a beautiful lady in her late 20's, she was wearing a body hugging tight top showing her large firm breasts and ever so tight black leggings with a nice round ass.

The way she move while i watched her giving another person a haircut gave me a boner and i had to meditate to get it down. She called my name from the computer and i stood up and went over to the chair, from the second i sat down i could feel the sexual energy between us as she put that cape over me to protect me from my own hairs making me dirty.

I could feel her body heat as she came in close to cut my hair, i watched her sexy ass move in the mirror, i think she noticed and didnt care, she knew i was gonna give her a big tip (pun intended). My hands were under this cape and before i knew it i was rubbing my hand on my crotch while i watched her, i cant believe a sexy woman like this had her hands on my hair, the same hands that probably go inside her vagina, the same hands that wipe her ass. She kept saying things like "keep ur head straight" and "move it backwards" all while her breasts came ever so close to my face as she trimmed my hair.

I kept rubbing my dick and i had never been so hard in my life before, she actually turned around for a bit to ask her supervisor for something and seeing her fine ass just about sent me over the top. She turned around and asked me if everything was fine, i said yes, then she said "why is ur face red?" I couldn't think of anything and i said "i have an allergy to haircutting", she just kinda gave me a wtf face and kept on cutting.

She hadn't made much small talk but that was fine with me, i was so close to getting caught but i kept going this time concentrating on her vagina protruding from her tight shiny pants. And boooom I blew a fat load in my boxers and started twitching all over the place and she ended up cutting chunks out of my hair, she was like omg dont move then she accidentally stepped on the cape and walked away and thats when i yelled "Nooooooo" as the cape fell off she saw my raging hard erection through the tent i made in my pants, there was also a wet spot there with jizz dripping down my legs. She screamed at me to leave but i started crying and apologizing while saying "please be my girlfriend?!!?!!!" She threatened the police on me so i quickly squeezed her buttocks and ran the f**k out of there. Phew wut a day, i think ill go back there in a month and hopefully she doesn't remember me.


I'm waiting for when BTCs are worth $10,000..... do you think it'll happen within 2 years?

At the rate we are going it seems like it could be next the end of next year.  Looking at the chart 2013 has been a pretty impressive year with many milestones.  It will be interesting to see how 2014 goes for sure.

will u bee my girlfriend?  Cheesy  Wink

Will I ever experience those feels? It must feel amazing to have a large sum of money all the sudden. This will only happen if each BTC is worth $10k-100k in the next 2-3 years. Who here truly believes this will happen? I feel like this is my only change to have success in life
 
Bitcoin pls! Sad  

Never know!
However, do not put all your savings in this. Just in case.
But the thing is... if I win I want to win big. If this is one of those life time opportunities to get explosive gains I want to be in the $millions, not thousands... so I kind of am buying as much bitcoins as I can. I only have 10 right now. The only thing I have going for me is that I'm single so I don't have any wife and kids to worry about if I lose all my money.. but maybe I'm still being stupid?

Where are the f***ing pics girl?




Also why the f*** do people in these forums use decimals instead of commas to represent number segments?? wtf is 100.000?

Because not everyone here lives in the United States.  Roll Eyes


Oh my bad.... I sometimes forget there are other people in this world who think they matter  Roll Eyes


That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing

And what is the point of being a millionaire if you can't even buy a load of bread with 1 million (pick your denomination).


The better question is when can I buy a house or car on a regular basis with BTC.  When it is widely accepted, your paltry 0.1 BTC will be more highly valued.

Um, if you can't buy some bread you are not a "millionaire"... you know exactly what I mean. You can have 1 million rupees (<< but you're not what we in America call a millionaire, which pretty much means you are rich. No need to be a smartass

I own 10 bitcoins and oh boy let me tell you... it feels great to be a millionaire at age 25

I remember my friend telling me dude have you checked the price today! You are rich! And I was sooo happy and I was like HELL YES, FINALLY, I can quit my job and be free! And then I woke up Sad

When will it be my turn in real life? Sad

33, retired.  

Beer, video games, and now bitcoin is how I spend these Winter months.   Grin


I want your life

and, FINALLY this -

I'm not fucking trolling
sr. member
Activity: 294
Merit: 250
Invest the 1million into litecoin instead. The ROI is higher Smiley
legendary
Activity: 1274
Merit: 1000
hero member
Activity: 605
Merit: 634
sr. member
Activity: 826
Merit: 250
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People should realize that in order to sustain this $1k valuation of BTC, you would need 3 to 4 Fools like the OP EVERY SINGLE DAY to buy up the newly mined coins.  But their are NOT that many fools in the world, once miners see their profitability squeezed out by rising difficulty they will HAVE TO SELL COINS DAILY to cover their costs and see a return on their mining equipment.  The market can not remotely absorb that kind of selling pressure, the Entire USD depth on Gox would be consumed in 1 week.
Miners are like you hoarding because they see huge gain on paper, this means that virtually none of the newly mined coins are sold and thus the stock of circulating coins doesn't grow, it actually shrinks as people buy them up.  We have been at under 1 week worth of mined coins available to buy now for some time.  But miners can not hoard coins forever, they have costs which always rise to match their marginal costs.

Wait.  We need 3 or 4 million dollars a day coming in to buy up the newly minted coins, because the newly minted coins aren't being sold?

Your reading comprehension is rather poor.  WOULD NEED is what I said, as in would need IF coins are sold and not hoarded.  When miners hoard coins the market operates under artificial scarcity and rises to prices that can not be sustained in the face of miners selling the daily mining output.  To sustain the present price with miners selling all coins would require millions per day (well now ~2.5 million with ~$700 valuation).
newbie
Activity: 23
Merit: 0
I can help you with setting up in china exchanges
sr. member
Activity: 420
Merit: 250
Quote
stupid ass mother fucker

Your tongue betrays you. Highborn don't use language like that.

More like a born-into-posh-upper middle class-family boi that don't even know what it means to manage money (hence still living like a day fly from paycheck to paycheck while having 'life savings' of less than 7 grand at 25). No wonder he had to beg his daddy (because no one else and definitely no bank will loan half that to some half assed kid).

Man this punk should do well to stay out of shadier people's lot. People have been offed for less and telling everyone his family is rich enough to fork over 1 million USD on a whim which is pretty much asking for it.

On a more serious note, people are giving way too much benefit of the doubt. You want to manage money and be actually successful through some modicum of personal abilities, then you don't make stupid fuck comments you expect to hear from a high school boy regarding money. First he's gonna have to go back to his daddy (again) for some real financial advice and proper parenting (as in getting stomped on the throat) before getting too mouthy. Professionals my age worked our way up not just by taking opportunities when they presented themselves but by steady effort and being hard about dealing with successful ventures.

All that talk about 'hitting it big' dressed up with some pseudo-intellectual bullshit thinking they know anything about investment, then throwing everything at a single venture without even having a proper plan is exactly what you would expect from a kid. More so that he just flippantly borrowed 1 million dollars from his daddy to burn in this venture as if he could even work that off in the next 5 years alone.

To get respect, you don't receive money. You make them. If you want someone to loan you money, you build yourself up to the point where you are worth that kind of trust. Obviously this was not the case here. Properly introduce your plan and be honest with who you deal with, especially your family. This kid's just lying to his parents and trying to steal from their wallet. At best, a kid who picked out pocket money and trying to win a lottery. How the fuck is anyone supposed to take this seriously?

sr. member
Activity: 420
Merit: 250
I don't get a penny from my parents, I live on my own barely making rent. I don't even have a bed in my room, I sleep on a blanket on the floor.. that's how poverty I am right now. I am only borrowing this money.

It sounds like you have a strained relationship with your parents. The fact that they don't support you sufficiently for you to have a bed to sleep on makes it difficult to understand why they would then lend you $1M, no questions asked.

You have no reason to explain this as we're just strangers but you have to appreciate that it leaves us in a position of some scepticism.

That's not true at all. I'm extremely close with my parents. I live on my own in another state because I have a job, I make my own money which is enough for me to live on and pay my bills (my bills are pretty fucking high compared to most people). There's no reason for me to have my parents pay for anything. I'm fucking 25. About me sleeping on the floor... that's by choice, I just haven't gotten around to buying a bed and I don't mind sleeping on the floor. It's really not a big deal but I wanted to give a perspective to people in this thread thinking I'm rich because my parents are and that I'm living some sort of royalty life. That's just not true.


I don't get a penny from my parents, I live on my own barely making rent. I don't even have a bed in my room, I sleep on a blanket on the floor.. that's how poverty I am right now. I am only borrowing this money.

It sounds like you have a strained relationship with your parents. The fact that they don't support you sufficiently for you to have a bed to sleep on makes it difficult to understand why they would then lend you $1M, no questions asked.

You have no reason to explain this as we're just strangers but you have to appreciate that it leaves us in a position of some scepticism.

It's really not that difficult to understand. He's a teenaged lying troll. Because of his youth, he doesn't understand that any person with the business savvy to have accrued a million extra dollars would never loan that kind of money, even to family, without a formal written business/investment plan and a payback contract possibly with interest. People that are that stupid would not have a million to loan.

You do realize this bitch might just be a 25 year old spoiled kid (a money-rich minority by the mouthy teenage attitude) from US who couldn't make it in the real world without his daddy's help and basically sucked off his daddy to get his hand on some seed money. I would not doubt some 'rich' parents also don't know how to raise their kids properly.

This kid shows off all the signs of a gutless rich boi who still thinks like a 14 year old wannabe punk.

"I got balls" LOL this kid.

LOL at at this raging comment... you are clearly upset my boy. I have a full-time job and make my own money... "can't make it in the real world"? I'm pretty sure I'm still better off than you are you stupid ass mother fucker. You are just some fat ass getting mad over the internet. There will always be people/families richer than you, don't cry about it.

I'm willing to bet you are an ugly sad little fuck probably older than me and living with your parents

LOL this little fucker. Why don't you put your money where your mouth is and bring this shit in person? You want to know how they deal with punk ass fucks like you outside of your little bubble called america? Bitch be asking for it now.

A kid who's got 0 idea what it means to use money by lying to his rich daddy and stealing his million shouldn't bitch at me who already made his money during 2008 when everyone was too busy with their asses on fire.

You want to meet me, get your ass down to LA MacArthur. Maybe I will throw in a few tips about not stating dumb 17 year old shit like  "I could quit my job and chill in Miami and Ibiza for a year until I need money again."

This coming from 25 year old something kid with no idea how the world works (imma gon chill @ miami BRO) and barely pays rent. HAHA his daddy obviously didn't slap him around enough.
legendary
Activity: 1722
Merit: 1217
Quote
stupid ass mother fucker

Your tongue betrays you. Highborn don't use language like that.
member
Activity: 115
Merit: 10
Instead of using bitcoin as just another asset class, consider using the $1M to aid adoption and merchant acceptance. Pay someone to pick out a good startup and throw the money at them instead.

Or, solid trolling, whatever.
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