/biz/ - Business & Finance

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Anonymous Mon Apr 3 23:00:14 2017 No.1927718 [Reply] [Original]

I'm coming into a very large sum of money in 6-8months time. Im going to put it all into BTC so I don't spend it. Howmuch money would I need in order to be a whale?

Just a thought.

>>	Anonymous Mon Apr 3 23:05:17 2017 No.1927727 >>1927718 You would need literally millions to be even a small whale. Possibly tens of millions. That is a terrible, terrible fucking idea. I hope you're kidding.

>>	Anonymous Mon Apr 3 23:20:11 2017 No.1927755 >>1927727 OP's pic is also a stupid idea. You waste more time getting it all down the drain than taking a proper dump.

>>	Anonymous Mon Apr 3 23:24:15 2017 No.1927764 >shitting in nugget form /biz/ as fuck

>>	Anonymous Mon Apr 3 23:35:34 2017 No.1927776 >>1927718 OP If you get a lot of money my advice is to watch "The Gambler" and do exactly what John Goodman tells you to do with your money in that video, because it will lead you to a very happy life (hint: it isn't to gamble.).

>>	Anonymous Mon Apr 3 23:45:08 2017 No.1927794 >>1927718 If you have enough money to be a bitcoin whale:you should literally just buy a bunch of VOO or SPY and live off the dividends and maybe some of the return for the rest of your life.

>>	Anonymous Tue Apr 4 00:03:38 2017 No.1927837 File: 63 KB, 962x642, IMG_0465.jpg [View same] [iqdb] [saucenao] [google] >>1927776 This. That movie is a master course in not getting killed by violent mobsters due to massive gambling debts.

>>	Anonymous Tue Apr 4 00:07:35 2017 No.1927846 >>1927718 Give me the BTC to hold. I'll make sure you'll NEVER spend it :^)

>>	Anonymous Tue Apr 4 00:16:22 2017 No.1927867 >>1927718 Put a quarter in mutual funds, half in robo investors, and a quarter as fun money for stocks.

>>	Anonymous Tue Apr 4 00:20:59 2017 No.1927876 >>1927718 All the world's bitcoins are currently worth about $18 billion so to be a whale you'd want to have about 2-3% of that share. You sure you're going to have enough money?

Anonymous Tue Apr 4 00:30:21 2017 No.1927902

>>1927867
>>1927776
I will watch this. Also howlong does a BTC wallet address stay active for? There's one anon I like in one of the threads. I'd like to send him a nice amount of BTC but not sure if it will expire or if it will work in over half a years time.

Anonymous Tue Apr 4 00:32:54 2017 No.1927909

>>1927902
Addresses last forever. As long as the user has access to their private keys, they can get the funds out of the wallet forever.

This one (that I just created) will now last forever: 15GDq8oMfeVRk1Wk6MbcVEoUmpEBZ5R8Au

That's part of the beauty of cryptos.

>>	Anonymous Tue Apr 4 02:28:47 2017 No.1928056 >>1927902 aslong as he has not forgotten/lost the private key he'll be able to acess the funds.

>>	Anonymous Tue Apr 4 09:39:58 2017 No.1928653 >>1927755 laxatives my dude

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