Would u still use Bitcoin if u were a USD multi millionaire? - page 7.

diodio5

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Quote from: Daniel91 on September 20, 2016, 09:36:00 AM

For me, Bitcoin is not only about the money or investment but more way of life.
Bitcoin is true revolution which will change the world and help people to achieve their vision and become financially free, and get rid from banks.
I don't want that anybody control my finances, government, tax agency, banks etc.
Bitcoin is solution for it so yes, even if I become a USD multi millionaire, I will still use Bitcoin.

I think bitcoin true not only as a method to earn money, but more than that. even if you're wealthy and you do not need the advantage or extra money. You'll definitely need a bitcoin, yeah you definitely want the convenience to send money and I'm sure in the future bitcoin will be facilities for the convenience of shopping and you'll need it

Pursuer

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Quote from: From Above on June 25, 2016, 08:25:27 AM

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~

it is a little bit hard for me to answer this because I am mostly earning money with bitcoin and if I were a multi millionaire then I wouldn't be needing any money so this part of my usage will stop to exist.

but also on the other hand I say it is hard to answer because I am not only using bitcoin to earn money but in fact I am so interested in it as a technology and as a real currency with a good level of privacy to offer me so in this case I think I would still be using bitcoin because of the features it offers me.

ajun96

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Quote from: dezoel on October 02, 2016, 06:37:11 PM

If I am muti millionaire then I will prefer to use them on gambling as I can easily gamble with them sitting at home and I don't have to visit any physical casino for gambling.

I think we can use bitcoin for many things, including on spending and do other fun things, for example, you can gamble gambling very freely without fear police will catch you? because you're using bitcoin and it was anonymous, you can enjoy the wealth with bitcoin

Barbut

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I can just say that I would have a lot of my wealth in bitcoins. If I`m a millionaire I would do much more for bitcoin promotion. I think I would try to open first bitcoin business in my county, that money would help me to do that very easy and without any stress. I could try so many things and I wouldn`t do all that just for profit, with money I would be more concentrated on things I love. And I love bitcoin, with this millions I would be free to do so many things that I can`t do now.

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Quote from: ajun96 on October 03, 2016, 02:21:43 AM

Quote from: Mr. Big on October 02, 2016, 07:54:30 PM

Quote from: Shinpako09 on October 02, 2016, 07:12:15 PM

I dont think so although btc has a potential and investing in btc is a good idea. If im a multi millionaire im just gonna focus on what im currently doing.

Precisely... If we are rich we would be focusing more on growing our wealth and not searching for dusts... But it could be good to start trading bitcoins if you are rich and if you still have time... earning bitcoin requires concentration if you want to earn, passive income like investments are not reliable... They may run your money...

I think when you're rich you do not need any income or extra money. because in fact you already have a lot of money and
you can spend it until the rest of your life. look for reasons other than using bitcoin to benefit? What is that ?

And in fact, why bother to those new assets which in fact we didn't know what will be the sure output if we already reached the status of becoming a multi millionaire. Id rather focus on my current line of investments and will maintain the stability of it so that it will run for a long term.

But in the case, that I have known bitcoin prior of reaching the status of becoming a multi millionaire then I will definitely have an active bitcoin investment and will keep using it.

JumperX

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Quote from: Japinat on October 03, 2016, 04:35:29 AM

I started with bitcoin so my answer would be a big YES,

When I will be rich and will became a millionaire I owe it everything in bitcoin so I would not leave bitcoin and will continue to support by still using bitcoin. I hope it will happen in the future as it is good to be financially free.

Yes and what difference does it make to not use bitcoin if we are multi rich in fiat? I mean we have lots of money then it can be invested in bitcoin to get huge profits from it in future.

Japinat

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I started with bitcoin so my answer would be a big YES,

When I will be rich and will became a millionaire I owe it everything in bitcoin so I would not leave bitcoin and will continue to support by still using bitcoin. I hope it will happen in the future as it is good to be financially free.

avikz

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I mean why not! Who would not want to increase his wealth? Being a multi millionaire, does it restrict me to make more wealth? Absolutely not!

So my answer is yes, I will definitely use bitcoin, even if I am a multi millionaire. Probably I will be able to make more money out of bitcoin, because my investment will be bigger, my trade volumes will be higher. So my personal wealth will help me to make more money out of bitcoin.

qiwoman2

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I certainly wood and I would invest at least half a million of that into bitcoin and bitcoin related businesses so I could make even more USD and help all my family and friends. I have 0 though at the moment and about one bitcoin worth of investment in bitcoin that's all, got a long way to go!

severaldetails

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Of course I would.
Even more than I do now. I might even consider about founding some bitcoin related business, just as a hobby.
Hire some smart employees and let them explain everything to me I do not understand now.
But I think the priority would change. Now I am more focussing on earning possibilities, making transactions.
Then I would use my time more for the technical stuff that does not bring any profit but is interesting for me.

Bitcoinbro

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No because why would I bother with Bitcoin if I was rich, the reason that I am using Bitcoin is because I want to make money and if you are rich then there is no need for that.
I would do other things with my money if I was rich the on using it on Bitcoin.

ajun96

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Quote from: Mr. Big on October 02, 2016, 07:54:30 PM

Quote from: Shinpako09 on October 02, 2016, 07:12:15 PM

I dont think so although btc has a potential and investing in btc is a good idea. If im a multi millionaire im just gonna focus on what im currently doing.

Precisely... If we are rich we would be focusing more on growing our wealth and not searching for dusts... But it could be good to start trading bitcoins if you are rich and if you still have time... earning bitcoin requires concentration if you want to earn, passive income like investments are not reliable... They may run your money...

I think when you're rich you do not need any income or extra money. because in fact you already have a lot of money and
you can spend it until the rest of your life. look for reasons other than using bitcoin to benefit? What is that ?

Viyamore

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Quote from: swogerino on October 02, 2016, 09:40:14 PM

I probably wouldn't because I would be more interested in high volume valued items such as gold and diamonds. They are quicker buys and their value does not depreciate as fast and flucuate as much as bitcoin does. Undecided

What did you mean chief? I don't get your last post words .
I think what you said gold and diamonds is good it is precious stones and have a good value you will got a good income especially big time clients were going to buy . Such a good business rather than bitcoins especially for rich peoples who don't know where to put their moneys.

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Quote from: swogerino on October 02, 2016, 09:40:14 PM

I probably wouldn't because I would be more interested in high volume valued items such as gold and diamonds. They are quicker buys and their value does not depreciate as fast and flucuate as much as bitcoin does. Undecided

But those gold and diamonds will not create good profit opportunity in trading like bitcoin does with every big swings it have. And bitcoin can also be considered as quicker buy and its easy also to sell if you need cash. The only fear will be during big dumps on price like what it was when bitfinex got hacked.

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Quote from: MTBTT on October 02, 2016, 08:29:23 PM

Quote from: pocarime32 on October 02, 2016, 08:03:56 PM

Yes, i would still use bitcoin even i were a USD multi millionaire. Because i think bitcoin has a good future and i will have an investment on bitcoin by using my USD money.

lol I think when you're rich you do not need to think about investing or the high price of bitcoin? because you're rich you do not need to search for more profit? what are the benefits of bitcoin than as an investment

Yes maybe we dont need to think more about investing or have more some profits but as far as i know bitcoin is not only for having money but also our freedom, and thats why i would still prefer to use bitcoin

swogerino

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I probably wouldn't because I would be more interested in high volume valued items such as gold and diamonds. They are quicker buys and their value does not depreciate as fast and flucuate as much as bitcoin does. Undecided

jonahmarieaton101

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Quote from: From Above on June 25, 2016, 08:25:27 AM

If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~

Yes i would still use bitcoin. If bitcoin is the reason why i become millionaire then why should i stop. Also if im going to be a millionaire on the other hand i would still used it. Because it gives me freedom that i never done to other things

MTBTT

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Quote from: pocarime32 on October 02, 2016, 08:03:56 PM

Yes, i would still use bitcoin even i were a USD multi millionaire. Because i think bitcoin has a good future and i will have an investment on bitcoin by using my USD money.

lol I think when you're rich you do not need to think about investing or the high price of bitcoin? because you're rich you do not need to search for more profit? what are the benefits of bitcoin than as an investment

pocarime32

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Yes, i would still use bitcoin even i were a USD multi millionaire. Because i think bitcoin has a good future and i will have an investment on bitcoin by using my USD money.

chennan

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Quote from: machinek20 on October 02, 2016, 06:26:31 PM

Of course i will still use bitcoin, i will invest in bitcoin so i can become richer and because the anonymity that bitcoin has, i can store my money in bitcoin privately so nobody know how much money i have, its a good way to keep thief away

Are you kidding me?

It is pretty easy to see how much a particular wallet holds and follow the bitcoins you transfer from wallet to wallet. If you are storing millions in Bitcoin, you would probably have to jump through some hoops that require you to give up your personal information to buy those Bitcoins....

From that point on, it's super simple for the exchange, and therefore very likely the government and/or a hacker, to be able to see where you are storing those coins.

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