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Par

Registered: 09/05/10
Posts: 811
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What're you going to do with your Bitcoin fortune?
#19174737 - 11/22/13 12:31 PM (10 years, 2 months ago) |
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The year is 2015, and Bitcoins has reached $4200 per coin. What are you gonna do with your fortune? sell? stay in the game for a raise in price? retire and live your life in Cuba? donate it to Ross Ulbricht?
I'm gonna keep it in and see how far the coin will go. The coin takes me where it wants to go.
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ModestMouse
IM WALKIN ON SUNSHINE


Registered: 05/06/13
Posts: 19,227
Loc: Upstate
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Re: What're you going to do with your Bitcoin fortune? [Re: Par]
#19174772 - 11/22/13 12:43 PM (10 years, 2 months ago) |
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Quote:
Par said: The coin takes me where it wants to go.
I predict it going south from what it currently is.
Then again, why believe me? I'm just your everyday drug user.
-------------------- Anyone got a lowpass filter in this biiiiash?
Edited by ModestMouse (11/22/13 12:54 PM)
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mpd
Lammen Gorthaur



Registered: 10/22/12
Posts: 9,660
Loc: Mostly at home... Mostly....
Last seen: 8 years, 7 months
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Re: What're you going to do with your Bitcoin fortune? [Re: ModestMouse] 1
#19174785 - 11/22/13 12:48 PM (10 years, 2 months ago) |
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Bit coins are just another scam by the Man to keep the people poor, confused and hopeless so that these reptilian corporations can rape the American public at will and profit off our misfortune.
-------------------- There is no truer calling for mankind than that of true conservatism.
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liberty hunter


Registered: 06/22/11
Posts: 943
Loc:
Last seen: 9 years, 6 months
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Re: What're you going to do with your Bitcoin fortune? [Re: mpd]
#19175560 - 11/22/13 04:42 PM (10 years, 2 months ago) |
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Not a fucking thing. On the other hand when the time comes I will probably be transferring my silver fortune into other assets such as land and property.
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LordSenate
One of the Lost


Registered: 09/15/02
Posts: 37,093
Loc: First Circle of Hell
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Re: What're you going to do with your Bitcoin fortune? [Re: Par] 1
#19175636 - 11/22/13 05:08 PM (10 years, 2 months ago) |
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....Mimic silk road and become a drug overlord.
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 1 month
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Re: What're you going to do with your Bitcoin fortune? [Re: LordSenate]
#19175641 - 11/22/13 05:09 PM (10 years, 2 months ago) |
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Quote:
LordSenate said: ....Mimic silk road and become a drug overlord. 
Do you really need a fortune to do that?
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LordSenate
One of the Lost


Registered: 09/15/02
Posts: 37,093
Loc: First Circle of Hell
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Re: What're you going to do with your Bitcoin fortune? [Re: NotTheDevil]
#19175650 - 11/22/13 05:12 PM (10 years, 2 months ago) |
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I would figure being a drug overlord goes hand in hand with having a fortune.
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MisterSandman
Neo Nazi



Registered: 03/23/13
Posts: 2,936
Loc: Meth
Last seen: 8 years, 3 months
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Re: What're you going to do with your Bitcoin fortune? [Re: LordSenate]
#19175661 - 11/22/13 05:14 PM (10 years, 2 months ago) |
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Quote:
LordSenate said: I would figure being a drug overlord goes hand in hand with having a fortune. 
He's saying you would need a fortune to start a silk road type web sight. Then you become the drug overlord.
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LordSenate
One of the Lost


Registered: 09/15/02
Posts: 37,093
Loc: First Circle of Hell
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Re: What're you going to do with your Bitcoin fortune? [Re: MisterSandman]
#19175691 - 11/22/13 05:21 PM (10 years, 2 months ago) |
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Uh.... Yeah, that definitely wouldn't cost a fortune.
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Synthe
Gatorade me, bitch!



Registered: 11/10/12
Posts: 7,961
Loc: Three bags of Funyuns
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Re: What're you going to do with your Bitcoin fortune? [Re: LordSenate]
#19175745 - 11/22/13 05:37 PM (10 years, 2 months ago) |
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Quote:
LordSenate said: Uh.... Yeah, that definitely wouldn't cost a fortune.
There's already popular established sites besides SR 2.0, and there's new, smaller ones springing up all the time. Altogether, it would seem impractical to start one now, and nearly impossible to overtake the "big 3".
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EdibleStereos
Healthy Body, Sick Mind


Registered: 01/02/13
Posts: 4,899
Loc: South Africa
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Re: What're you going to do with your Bitcoin fortune? [Re: LordSenate]
#19175748 - 11/22/13 05:38 PM (10 years, 2 months ago) |
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Quote:
LordSenate said: Uh.... Yeah, that definitely wouldn't cost a fortune.
Would cost thousands of dollars in server rentals per month, plus paying someone to do the codework if you dont know how. Finding a programmer to work on that without ratting you out would be pricey.
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MisterSandman
Neo Nazi



Registered: 03/23/13
Posts: 2,936
Loc: Meth
Last seen: 8 years, 3 months
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Re: What're you going to do with your Bitcoin fortune? [Re: Synthe]
#19175771 - 11/22/13 05:42 PM (10 years, 2 months ago) |
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Quote:
Synthe said:
Quote:
LordSenate said: Uh.... Yeah, that definitely wouldn't cost a fortune.
There's already popular established sites besides SR 2.0, and there's new, smaller ones springing up all the time. Altogether, it would seem impractical to start one now, and nearly impossible to overtake the "big 3".
mmmhmmm the money isn't the problem, what you'd need is something extremely novel in order to attract people, and I really don't see much room for improvement with the existing sites, the formula seems pretty well set at this point Maybe if you had a teleportation system?
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LordSenate
One of the Lost


Registered: 09/15/02
Posts: 37,093
Loc: First Circle of Hell
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Re: What're you going to do with your Bitcoin fortune? [Re: MisterSandman]
#19175786 - 11/22/13 05:45 PM (10 years, 2 months ago) |
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Yeah... That, and the other things the other guy mentioned aren't really that difficult.
It's not hard to get someone to work with you on creating something if you have good charisma.. Also servers really aren't nearly as expensive as the other person is saying. Eventually, yeah it will cost (maybe) that much. When you first start the amount for servers will be relatively nothing.
Attracting people is one thing, and you are right in saying that. However all it takes is a little foresight to prepare for a good time to use some other established places downfall which is a given considering what we are talking about.
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EdibleStereos
Healthy Body, Sick Mind


Registered: 01/02/13
Posts: 4,899
Loc: South Africa
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Re: What're you going to do with your Bitcoin fortune? [Re: EdibleStereos]
#19175811 - 11/22/13 05:55 PM (10 years, 2 months ago) |
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It's funny how everyone thinks they could just go and be the next Ulbricht.
They've obviously never had any part of setting up a site from scratch, let alone one as complex that will be needed to avoid the DEA.
They also don't understand the process and how difficult it can be to swap servers.
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Dest
Roller-Derby Coach


Registered: 06/14/09
Posts: 2,444
Last seen: 6 years, 5 months
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Re: What're you going to do with your Bitcoin fortune? [Re: EdibleStereos]
#19180441 - 11/23/13 08:35 PM (10 years, 2 months ago) |
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themusicofzann
Meta-Ubermensch



Registered: 02/27/13
Posts: 532
Last seen: 8 years, 9 months
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Re: What're you going to do with your Bitcoin fortune? [Re: Dest]
#19180528 - 11/23/13 09:00 PM (10 years, 2 months ago) |
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Paid for college and a house hopefully.
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    The above is hypothetical, when it is illegal. Psychedelics are performance enhancers for the philosopher. Knowledge and wisdom are one and the same.
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SkeletalSpore
♥$♄ґ◎◎мεя⑂♥



Registered: 01/25/13
Posts: 602
Loc: Lake Titicaca, Canada
Last seen: 5 years, 7 months
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Re: What're you going to do with your Bitcoin fortune? [Re: themusicofzann]
#19180559 - 11/23/13 09:10 PM (10 years, 2 months ago) |
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regret not getting a loan to buy 10000 bitcoins when they were $70 after SR went down... I sold my bitcoins when they were $140, and bought they at that price too
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