Topic: If i give you 10 BTC what will you do? - page 67. (Read 228970 times)

There are a few great PoS coins that I particularly like and invest into them. also there's ETH which seems to be shooting high right now.

Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.

If I get 10 BTC from you I will not invest them in any business, that's I'm sure of. I think I'll spend part them, a small part, on traveling. And will keep the rest.

For me only 5 BTC are enough to start a small business in my country, with 5 BTC I will start a Montessori/Primary school, which within One year will be able to start some good profit for me. For RoI about 6 months.

Business i build small business because i want to treasure the 10 bitcoin that i received i want to earn and grow that 10 bitcoin because i want to return it back to the people who give to me that 10 bitcoin and to be thank for being kind.

i will use it for small food shop like bitcoin pizza ?
so i can give some sosis like this image



 

This is true. Especially when you use imported materials for the construction of your business establishment and as well as things you use for your business you tend to pay higher compared to the original price of the materials - that is because of the tax imposed on imported things.  That is just almost the same - otherwise, you will only use local materials that are cheap.

this is a rookie mistake people make because of the rate of exchange. it is indeed so high in some countries but the value in exchange for goods is the same.

in other words if 1 dollar is worth 5000 of some currency, you can buy the same things with 5000 that you could with 1 dollar. so in fact it doesn't matter.

With this large amount of money, why would you invest it on faucets? Faucets are lame, tbh. The only people that are doing faucets are the people who have no knowledge about other ways of earning BTC. This means that nowadays, there's a low amount of audience in faucet sites compared to what it was. It will take years before you get your 10 BTC back if you put it all in faucet sites.

Invest your 10 BTC ~ 6K USD into something else. Something that will make you earn more money faster. Something in demand.

He have a point though 10btc in some countries are already enough to engage to a small business because  the exchange rate of  dollar to their currency would be high which it makes a good decent amount to start up but in those   countries that has high standards of living  for sure 10btc is isnt enough.

Maybe the countries are you're saying is referred to development countries because the cost will so cheap, considering the another factor like electricity and other. for starting a cafe with 10 BTC is too low for me.

If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.

that the best idea for me i am going to build a business store where i can settle my life into that so that i can build and start looking for a family because in my age i want to become a good parent someday , i dont want to waste my money and time into gambling i want to earn more that i expected to start life <3

Personally i will withdraw it all and build a small business in my town

Almost the same topic as giving 1 btc and what will you do with it. However it is 10 BTC, it is worth now 5834 dollars. There are 2 options I can think off have a business with it or invest it, but not invest directly, Maybe ill still go with investing it in stocks. But I will still wait for the value of BTC to rise before converting it to FIAT.

though if you invested that much money into faucets you would surely not get the return of your investment so i would definitely not do that in order not to lose money

Probably i will start my own 3-4 faucets 

This is a little specific to my current situation as I have already put some things in motion, but has hit setbacks making things go slower than I'd like under my current means.

If I received 10 bitcoins, I would:

First, finish getting land I bought to get away from the city ready to live on. That is finish paying for a well that went way over estimate and budget. As well putting down on a prefab house just to get out there. In an effort to experiment with sustainable living and reducing costs.

Next, I would buy the rest of the parts I needed to build a server to try to gain income by starting a blog about my experiments in sustainable living.

Then, I would invest in solar panels, batteries, inverters and mining rigs to rent out only keeping 25% towards income leaving the rest for expansion in order to try to do my part that no entity gets big enough to start manipulating the blockchain.

With whatever is left, (if any) and the income from the two new sources, I would renew my efforts on my project of building  a product with which I could build and test a business model which would be intended to heavily leverage the nature of open source to create a nearly flat hierarchy leaving most of that businesses profits to those that actually do the work as well as give the customers of the product a more direct voice and more say in that product.

But for me, it'd be less about profit and more about trying to leave things better than I found them.

but the bitcoin vending machine will make very usefull for person who want to buy a drink and he not have any fiat, he just have bitcoin.
im sure more people will interesting to use it, because we can buy something with bitcoin and that's looking very cool.

Yes that is a major concern and you can afford to start a business only if people around you are aware about bitcoins and they should also be an active spender.