If you had suddenly 500 BTC - page 5.

terman45x

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Quote from: PsursV on July 14, 2016, 04:23:49 PM

Quote from: greBit on July 14, 2016, 04:12:55 PM

Quote from: streazight on July 14, 2016, 03:37:12 PM

Quote from: Bestwishes745 on July 14, 2016, 07:36:49 AM

Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

This is pretty much the same thread as those what if I give you X bitcoins or something.
However, my response depends on what my mood is, and what I'll do to those coins depends on what my mood is when I received them. Most probably however, I'd just save them for now since there's quite an expected rise in value.

Yeah saving for future is good but we should sell some of them when price is high, as its a free money so we should sell it and enjoy life in best possible way.

It will be really surprising to me. I will like to buy a beautiful car a house and will like to start a side business. but still I will continue earning bitcoin from signature campaign.

Yeah even if we hold that high amount in our wallet we should not stop working, we need to continue with earning bitcoins for safety of future.

PsursV

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Quote from: greBit on July 14, 2016, 04:12:55 PM

Quote from: streazight on July 14, 2016, 03:37:12 PM

Quote from: Bestwishes745 on July 14, 2016, 07:36:49 AM

Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

This is pretty much the same thread as those what if I give you X bitcoins or something.
However, my response depends on what my mood is, and what I'll do to those coins depends on what my mood is when I received them. Most probably however, I'd just save them for now since there's quite an expected rise in value.

Yeah saving for future is good but we should sell some of them when price is high, as its a free money so we should sell it and enjoy life in best possible way.

It will be really surprising to me. I will like to buy a beautiful car a house and will like to start a side business. but still I will continue earning bitcoin from signature campaign.

greBit

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Quote from: streazight on July 14, 2016, 03:37:12 PM

Quote from: Bestwishes745 on July 14, 2016, 07:36:49 AM

Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

This is pretty much the same thread as those what if I give you X bitcoins or something.
However, my response depends on what my mood is, and what I'll do to those coins depends on what my mood is when I received them. Most probably however, I'd just save them for now since there's quite an expected rise in value.

Yeah saving for future is good but we should sell some of them when price is high, as its a free money so we should sell it and enjoy life in best possible way.

streazight

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Quote from: Bestwishes745 on July 14, 2016, 07:36:49 AM

Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

This is pretty much the same thread as those what if I give you X bitcoins or something.
However, my response depends on what my mood is, and what I'll do to those coins depends on what my mood is when I received them. Most probably however, I'd just save them for now since there's quite an expected rise in value.

shugareward

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Quote from: romero121 on July 14, 2016, 08:37:07 AM

That's a huge amount. If I had such a volume of bitcoin, possibly I could have got a relaxed living without the pressure of earning to have a good living.

of course that is a really huge amount of bitcoins and i think that if i suddenly have 500 bitcoins i would just hold it in order to make even more money in the near future

wintermeasures

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If I will get suddenly 500 Btc I will settle a business as this a such a huge amount and to earn long time earning business is best option... Trading is also good option but for this much big amount I will go for offline business only...

Herbert2020

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this is a really huge amount and the only thing you can ever do with such a huge amount is to start a business with it but again that amount is so big that you can even start two separate businesses with it and still have left overs.or at least things that come to my mind with bitcoin need less investment.

Doamader

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Having such ammount and if you wanna to exchange to fiat you should do that with periods selling a part all months, soo at the end you will get all the money, maybe open a store just to show what did you sold to be able to convert bitcoin.

BitMaxz

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Quote from: Curious8 on July 03, 2016, 12:38:28 PM

How would you transfer the btc to your bank account without making the Banks / OECD / ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

Honestly i never experience that huge amount in my wallet but maybe if i am lucky to have those bitcoin in my wallet i think i will gradually withdraw it in any different ways. like some of bitcoin will withdraw using western union.. or i think there is some Bitcoin atm here master card or debit card that you can use word wide or selected country. but i think its better to convert it into usd via pyoneer because you can use payoneer world wide in any banks..that you can withdraw how much you want..

davis196

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Quote from: Curious8 on July 03, 2016, 12:38:28 PM

How would you transfer the btc to your bank account without making the Banks / OECD / ask questions?

And even if you get cash from localbitcoins someday the efforoties may ask you from where this car or how you bought this house..
What would you do ?

There`s no way you can trade 500 BTC with localbitcoins in one single transaction.

Why are you asking this?Do you have that problem?

Big transactions are always suspicious for banks and authorities...

Shibashi Dogemoto

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Quote from: ardentvolcanoes on July 14, 2016, 08:52:02 AM

Quote from: romero121 on July 14, 2016, 08:37:07 AM

That's a huge amount. If I had such a volume of bitcoin, possibly I could have got a relaxed living without the pressure of earning to have a good living.

Lmao we would have so much time to relax without any stress about earning . 500 btc is enough for us to retire but too early to get the retirement . If ever i had that amount of bitcoin i would like to the place where i could actually enjoy because i'd like to go away from stress and pressure 😂

Yeah we can have long break from work if we hold that high amount, as it is enough to take care of our luxury and lavish holidays, I would prefer to go for world tour with that money.

ardentvolcanoes

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Quote from: romero121 on July 14, 2016, 08:37:07 AM

That's a huge amount. If I had such a volume of bitcoin, possibly I could have got a relaxed living without the pressure of earning to have a good living.

Lmao we would have so much time to relax without any stress about earning . 500 btc is enough for us to retire but too early to get the retirement . If ever i had that amount of bitcoin i would like to the place where i could actually enjoy because i'd like to go away from stress and pressure 😂

praprata

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I would sell halve of them right away because that is allot of money and I can make good use of all that money.
The other halve I would on to because I may even make more money with the other halve, I do not want to miss out on anything.

Adriandmen

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I would be so happy if this would happen. You can do almost anything with that amount of money.

You shouldn't worry about banks though, just pay the taxes and anything will probably be just fine.

romero121

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That's a huge amount. If I had such a volume of bitcoin, possibly I could have got a relaxed living without the pressure of earning to have a good living.

RoommateAgreement

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Bazinga!

500 bitcoin is a real huge amount, it is nearly 325,000 USD. i may be able to plan a very wise plan for a couple of thousand dollars and make a good profit but i really don't know what to do with that much bitcoin, and if it was in fiat form i still could have made some plans for 325K$ but not in bitcoin.

and btw my plans are all consist of starting my own business.

gerXhonza

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Quote from: Bestwishes745 on July 14, 2016, 07:36:49 AM

Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

No doubt its not illegal but once you disclose it in bank then you need to pay taxes on it which are too high, better option is to convert it in cash on installment basis.

CoinFoxs

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Quote from: praprata on July 12, 2016, 04:12:18 AM

If I had suddenly had that much Bitcoin the I would wait for the price to be at least $2000 so that I could become a millionaire.
That is the only thing that I would do with it because I would not have the patient to wait any longer.

For this you have to wait for at least 3-4 years, Would you wait for price increasing or invest your money in trading and other business from where you get profit ? Better is to use some money in trading or other businesses and hold some bitcoins for price increasing.

lienfaye

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Thats alot of money well if i had that amount, i simply spend it to purchase something online, cashout some portion and hold some of it. its really questionable to have that huge amount so i cant cashout all of it.

Bestwishes745

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Wow! that is a good amount,

I I get that amount and have to get withdraw that amount with an exchange to my bank account then I will provide the exact information to my bank from where I get that amount, because I will not get any amount of money illegal. so I will not need to hide the source of my income.

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