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Topic: I just got 100k bitcoins (donation), what should I do? (Read 4505 times)

legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
Donate to raise Kony Awareness in some way?
member
Activity: 92
Merit: 10
head on down to SR
hero member
Activity: 728
Merit: 500
The linode (50k) hack is real, not the donation.
full member
Activity: 126
Merit: 100
Is this for real?
full member
Activity: 126
Merit: 100
Someone just got 50k bitcoins(hacking), what will the other bitcoiners do?

SELL ! SELL ! SELL!  Angry

That's a huge amount of btc  Huh
newbie
Activity: 30
Merit: 0
Grin

This is hypothetical, imagine I am the guy who runs erowid.

Whatevery you do, don't go tell everyone on the internet about it. There is hackers here!
hero member
Activity: 714
Merit: 500
Someone just got 50k bitcoins(hacking), what will the other bitcoiners do?

SELL ! SELL ! SELL!  Angry
full member
Activity: 126
Merit: 100
I said it was hypothetical... If I was well off enough I might donate to erowid. Probably not all at once like that though. Also I had been drinking when I made this.

LOL  Cheesy
hero member
Activity: 728
Merit: 500
I said it was hypothetical... If I was well off enough I might donate to erowid. Probably not all at once like that though. Also I had been drinking when I made this.
full member
Activity: 126
Merit: 100
Quote
I just got 100k bitcoins (donation), what should I do?

Stop lying?  Cheesy Or even better: Wake up!

Really 100k? Who the hel would donate 100k bitcoins here?
hero member
Activity: 728
Merit: 500
haha, just quoting office space.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
No "two girls at the same time"?
Why only two?
hero member
Activity: 728
Merit: 500
No "two girls at the same time"?
legendary
Activity: 1680
Merit: 1035
That's actually (sadly) not a lot of money (nowadays you need at least $1.5mil USD to retire comfortably). I would keep at least half in Bitcoin in offline wallets, 40% in a Vanguard Total Stock Market mutual fund, and remaining 10% in a Bond Fund mutual fund, then only use the money if I really need it, saving it for retirement. Basically turn it into a giant emergency buffer fund / retirement savings. Using it to pay off loans and mortgages is stupid unless your loans and mortgage have 10+% interest.
full member
Activity: 196
Merit: 100
You should donate me 50% of yours 100k btc, so I become happy, and world turns good for a little while Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas



This.

Buy a lot of bongs and weed and blow your mind.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I don't know how I missed it, but I read the title of this thread as 100 BTC and not 100k bitcoins, hence my reply above. I truly thought this thread was in reference to Bitcoin 100, and kept scratching my head as I read each reply. Then I scratched through the scalp when I  read theymos's reply and went to bed. I swore that everyone was posting off topic but me. I now see that I'm the nutcase. Sorry about that, folks.

Now that I'm on the right page, allow me to offer up my suggestion. erowid.org could open up a manufacturing plant with their 100K windfall and start producing art glass.


member
Activity: 70
Merit: 10
Start a contest for the best FPGA implementation for BTC mining
2500 BTC for best in MHash/Watt and MHash/$
1000 BTC for best in MHash/Watt
1000 BTC for best in MHash/$

1000 BTC bonus if a cheap DIY energy solution is used.

Donate some to orphanage and poor kids programs.
Open a homeless shelter for homeless families.
With the rest buy some farm land and other real estate.

legendary
Activity: 1288
Merit: 1227
Away on an extended break
I'd convert about half to precious metals. The rest I'd save, investing some in Bitcoin projects.
+1
Or real estate too.
administrator
Activity: 5222
Merit: 13032
I'd convert about half to precious metals. The rest I'd save, investing some in Bitcoin projects.
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