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Topic: Turning life upside down, 250k. (Read 1680 times)

legendary
Activity: 1202
Merit: 1015
December 24, 2014, 11:42:26 AM
#31
buy gold and silver. while you still can.

Why would I fucking buy gold and silver? This is not 2015 BC...?

Im pretty sure, only in the Emirates gold can be used to any thing.

This is legit money, I dont want to hide it. I want to tax minimal and get it out in my bank balance

you came here to get guidance. if being in this forum havent taught you what is money then good luck with that sort of attitude.
legendary
Activity: 2674
Merit: 3000
Terminated.
December 24, 2014, 09:22:49 AM
#30
buy gold and silver. while you still can.

Why would I fucking buy gold and silver? This is not 2015 BC...?

Im pretty sure, only in the Emirates gold can be used to any thing.

This is legit money, I dont want to hide it. I want to tax minimal and get it out in my bank balance
Once we start getting gold from space (asteroids or such) it will be worth 0.1$ since the supply out there is probably limitless.
legendary
Activity: 1202
Merit: 1015
December 24, 2014, 08:32:50 AM
#29
buy gold and silver. while you still can.
sr. member
Activity: 323
Merit: 250
December 24, 2014, 08:11:43 AM
#28
in which site did you play?

i am not sure that any btc betting site can 250k usd without any problem...
full member
Activity: 140
Merit: 100
December 24, 2014, 08:08:50 AM
#27
Gambling is tax free but, transfering that money to fiat isn't. thats the difference.  Smiley
My opinion exactly, You could get the money sent to your bank and might be under some taxes /gambling issues  (if you are in the united states as you most likely are) or even problems with the exchanger with such a big amount.

I'd immediately invest it in passive income so I wouldn't have a problem with money for a long while Tongue dividends and such.

Passive income? Well, the best ting would be to let it sit in BTC. Take out in FIAT and let some fucker invest it for me would be just as stupid as some other mentioned, bet all on one match.

What I really was wondering about was how I could get the money without taxing half of it.
Would be pretty crazy to bet that much on a single match, but even if someone is willing to do THAT no bitcoin bookie would accept that bet anyway though (unless you are betting on something like 1.001)...
legendary
Activity: 1540
Merit: 1000
December 24, 2014, 04:19:44 AM
#26
I'd immediately invest it in passive income so I wouldn't have a problem with money for a long while Tongue dividends and such.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
December 24, 2014, 04:12:45 AM
#25
I'm just interested how you won it.
hero member
Activity: 518
Merit: 500
December 24, 2014, 03:34:13 AM
#24
you can spend the money on a bisiness. and transfer funds.
b!z
legendary
Activity: 1582
Merit: 1010
December 24, 2014, 12:00:10 AM
#23
Paying off the debt is of course a good idea.

Whatever you do, don't sell ALL the BTC. I would put at least 100 BTC in cold storage and forget about it. You don't want to be kicking yourself a couple years down the line when another bubble happens.


Im not selling them over night, it will happen during the 1s or 2nd month. Just the last day, have earned a couple of grand. Just like I lost over 30k last weeks.

Thats really what makes me want to sell. I like bitcoins, and I will be earning more bitcoins the coming years, (knock, knock, knock for not jinxing) thats why im not worried.

I just want my own place to live in. I hate renting or living at others place.

What I would do for a big loan to get a nice nothing fancy apartment.

I wouldn't get that $400k apartment right now
hero member
Activity: 490
Merit: 500
December 23, 2014, 11:01:02 PM
#22
Stick it into a set of paper wallets and chill out, my man
Check again in 2020
sr. member
Activity: 481
Merit: 250
December 23, 2014, 10:53:20 PM
#21
Hello, I have just won a total of 250k worth of BTC, how would you go about it and transfer the money into an apartment, taxing as little as possible.

Can I get a loan?

This is the scenario:

- You have been homeless the past 2 years, with litte to no income(apart from betting)

- You have 50k in debt to variouse bills(small things) of that 50k about 40k is student loan.

- Apartment price is little expensive; 400k for a decent 2 room apartment.

- You have just found a job paying 10k a month(old nice friend offered)

How would you turn your life upside down? without risking to much from gov. eating your lucky money?

Since you said you have a job paying 10k a months, getting loan should be pretty easy for 400k apartment. Next you should really pay back all the bills, student loan etc especially if those charges high interest rate.

Then you can keep the remaining in bitcoin or whatever you like. Just make sure don't go to some gambling site Smiley
legendary
Activity: 1610
Merit: 1004
December 22, 2014, 07:38:12 PM
#20
Paying off the debt is of course a good idea.

Whatever you do, don't sell ALL the BTC. I would put at least 100 BTC in cold storage and forget about it. You don't want to be kicking yourself a couple years down the line when another bubble happens.
member
Activity: 84
Merit: 10
December 22, 2014, 04:52:39 PM
#19
How did OP "won 250K"? thats what we should be asking  Tongue
b!z
legendary
Activity: 1582
Merit: 1010
December 22, 2014, 02:50:01 PM
#18
You're telling op to do it with HIS money, not someone else's. Is it that hard seeing the difference?
Notice the  Roll Eyes 
OP is in a difficult position.

I still don't get the joke lol Roll Eyes

I guess I just have a really bad sense of humor.
b!z
legendary
Activity: 1582
Merit: 1010
December 22, 2014, 02:49:26 PM
#17
Thank you! I have worked hard and disiplined with this money, I wont waste it on gambling or hookers.

Coins dropped from 400 to 325 the last months, so I agree, change asap. But I have to do it in a secure way.

Like I said, I dont mind taxing, but I dont want the gov. eating too much of it. Gambling is tax free, so I shouldnt have to pay much in tax.

I have talked to a lawyer, and he said he could help me, but he had to hire people with expertize in crypto, he said that would cost me a lot. His other alternative was doing it "public" for pro-bono, but fuck that. I dont want to be part of commercial.


Here is my plan:

1: Pay off debt -50k, debt interest 10k?

Rest: 190k

Invest all the rest in property that I will be living at(save cost, living expenses, living comfortable in my own apartment)

The job im being offered, is also a gamble job, but this time im not gambling with my own money. The pay is not tax-able.

Sounds like you've got it all figured out. Paying off debt first is a good idea. Any other lawyers in your area who can help? And good luck! Smiley
legendary
Activity: 2674
Merit: 3000
Terminated.
December 22, 2014, 02:48:15 PM
#16
You're telling op to do it with HIS money, not someone else's. Is it that hard seeing the difference?
Notice the  Roll Eyes  
OP is in a difficult position.
b!z
legendary
Activity: 1582
Merit: 1010
December 22, 2014, 02:44:36 PM
#15
All or nothing, why not?
Without risk, there is no profit.   Roll Eyes

Go put a quarter million on one game right now then.
Give me a quarter million first and I'll do so.

You're telling op to do it with HIS money, not someone else's. Is it that hard seeing the difference?
legendary
Activity: 2674
Merit: 3000
Terminated.
December 22, 2014, 02:39:58 PM
#14
All or nothing, why not?
Without risk, there is no profit.   Roll Eyes

Go put a quarter million on one game right now then.
Give me a quarter million first and I'll do so.
b!z
legendary
Activity: 1582
Merit: 1010
December 22, 2014, 02:38:05 PM
#13
Bet it all on one game.

I nominate this for worst advice of 2014
All or nothing, why not?
Without risk, there is no profit.   Roll Eyes

Go put a quarter million on one game right now then.
legendary
Activity: 2674
Merit: 3000
Terminated.
December 22, 2014, 02:26:31 PM
#12
Bet it all on one game.

I nominate this for worst advice of 2014
All or nothing, why not?
Without risk, there is no profit.   Roll Eyes
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