Author Topic: Bitcoin boom - is it for real? Could I be rich??  (Read 2723 times)

Offline veritas

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Bitcoin boom - is it for real? Could I be rich??
« on: May 11, 2019, 10:04:07 AM »
Guys.... can someone please help me understand this bitcoin exchange rate. If I have 10,000 bitcoins I got for fun back in the day when it was worth less than 1 cent... does that mean if I sell it now, it'll be worth US$60 million? I find this too hard to believe. Please tell me if I could be rich.

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #1 on: May 11, 2019, 10:15:50 AM »
Yes you're actually rich. What you invest in such high risk ventures is the disposable kitty. Not the kids' tuition fees or pension. I still have my bitcoins since 2012. Tesla since 2010. Ethereums since 2015. Just bought Uber. I invest for posterity. My assets are 00000X more than the seed capital. But I have my condo, life & education policy and pension on the side.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #2 on: May 11, 2019, 11:01:33 AM »
Ro, ...I don't feel rich. .. I still find hard to believe I have US$60 million. I guess I should be excited but I'm not feeling it. Seems like a lot of work if I spend it. Money these days in the western world seem meaningless... I think I'm just gonna give it away to charities.

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #3 on: May 11, 2019, 12:11:29 PM »
It's actual cash you can exchange for $$ so it's real enough. No conspicuous spender either. If you already have a house for yourself and your parents, health cover for yourself and kids, pension and such - charity is a good thing. There are good charities to pick from - running important programs - though you strike me as the kind to save the whales. But that's 10% tithe - the rest you earned leave it there to grow in another 5, 10 years you might be a billionaire. Then you can put up Veritas Academy or something.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #4 on: May 11, 2019, 01:29:44 PM »
Omg you know me too well !!  :D yaaas! I was gonna donate to  RSPCA and other animal rights charities  :D

I certainly didn't earn it. It doesn't feel ethical to take advantage of an obviously flawed system. I have everything I need and I'm in a good place right now. I don't have space in my life to think about AU$90 million from doing literally nothing. I have nothing. No kids, no honey, no house, no healthcover. Don't care. I'm too damaged to commit.

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #5 on: May 11, 2019, 02:25:45 PM »
Wuh, veri! Careful, don't die alone with your cats like spinsters here. Do something meaningful. I don't agree you didn't earn the money; you took the risk and it could have gone either way. Do what you love with it - I too care about the environment and animals but not enough to save them. Only my Bosco & Zepo get to enjoy my nurture. I prefer to help actual human kids back home.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #6 on: May 12, 2019, 12:30:13 AM »
Thank-you for the encouragement.

Who's Bosco & Zepo?

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #7 on: May 12, 2019, 05:57:04 AM »
Ro... it keeps going higher... overnight I made AU $10 million from sleeping.

I now have AU$100 million. I think I'm gonna cash it in now. I don't see the point of waiting more but I don't wish to be taxed. I need to open an offshore account where I won't be taxed. Any advice on which country?

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #8 on: May 12, 2019, 11:35:19 AM »
Thank-you for the encouragement.

Who's Bosco & Zepo?

My Pomeranian and Icelandic sheep.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #9 on: May 12, 2019, 11:36:54 AM »
Ro... it keeps going higher... overnight I made AU $10 million from sleeping.

I now have AU$100 million. I think I'm gonna cash it in now. I don't see the point of waiting more but I don't wish to be taxed. I need to open an offshore account where I won't be taxed. Any advice on which country?

Panama or Bermuda.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #10 on: May 12, 2019, 12:04:24 PM »
Oh God !! I will be Bosco's godmother. Zepo too.


Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #11 on: May 12, 2019, 12:08:59 PM »
I haven't been to Bermuda or Panama. You know they have cruises to the Panama Canal.. I wonder how feasible it would be to stash millions on a cruise ship... everytime I need my stash I could board the same cruise ship... God I could pull this off... let me check my textbooks to ensure this isn't illegal. I have to be a person of integrity fit to practice etc. for the bar. Apparently in the UK barristers meet at inns? Inn was the site for the Knights Templar.

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #12 on: May 12, 2019, 12:27:14 PM »
 :D :D you're welcome. You must be a cat lover.

Oh God !! I will be Bosco's godmother. Zepo too.


♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #13 on: May 12, 2019, 12:36:40 PM »
Both. Cats and dogs. Both my pups have passed. Cancer and old age. When my pup passed with cancer I had a heart attack, myocarditis and a part of me died.

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #14 on: May 12, 2019, 12:52:22 PM »
I haven't been to Bermuda or Panama. You know they have cruises to the Panama Canal.. I wonder how feasible it would be to stash millions on a cruise ship... everytime I need my stash I could board the same cruise ship... God I could pull this off... let me check my textbooks to ensure this isn't illegal. I have to be a person of integrity fit to practice etc. for the bar. Apparently in the UK barristers meet at inns? Inn was the site for the Knights Templar.

Knights Templar is KKK. Bitcoins are depositable into Panama banks direct. Don't carry $$$ on a cruise Lol. You should visit me in California.. take you to cruise on the Tahoe.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #15 on: May 12, 2019, 12:57:58 PM »
Both. Cats and dogs. Both my pups have passed. Cancer and old age. When my pup passed with cancer I had a heart attack, myocarditis and a part of me died.

Yeah I feel you it can be so heartbreaking to loose an animal when you're emotionally attached. My chow chow was knocked by a Lime scooter in SF and died. 2017. I threatened to sue them.. they paid up but I never recovered from the loss. She had such adorable eyes and hairs... a real support animal.
♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #16 on: May 12, 2019, 02:01:16 PM »
FCKING LIME SCOOTER. I'm so very sorry to hear of Chow chow's passing. Thank-you so much for sharing.

She's in a better place now. I have this painting of a doggy heaven I got from an art auction. I process grief through art, music, beautiful things.. for you Ro.


Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #17 on: May 12, 2019, 02:32:19 PM »
I'd love to visit you in California. I'm not familiar with Panama banking system. Problem is you can't have millions in your bank account anywhere in the world from my understanding. You have to invest it in shares and assets or the govt taxes most of it. Cruise ships don't care. I could be carrying millions in a couple suitcases, purchase big ticket items and not leave an electronic trail aka taxed. I need to check if it's legal though.

Barristers meeting at the Knights Templar site still happens today... quote from my law textbook..

'Over time the practicing Bar came to be quartered in four Inns of Court, as they are known the inner and middle temples (so called because the inns are located on the site of what was the London home of the Order of Knights Templar.. today these 4 inns remain the organisational basis for the english bar. All barristers must belong to one of the inns of court... in Australia, the english tradition is reflected in the tendency of barristers to gather together in so-called professional chambers in the metropolitan areas.'

Wierd hey?

Offline Nefertiti

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #18 on: May 12, 2019, 03:51:17 PM »
 :* :* i'm an art lover too - though i don't collect as much as i could. Come to California dear.. you will love it. I can take time off just for you.

FCKING LIME SCOOTER. I'm so very sorry to hear of Chow chow's passing. Thank-you so much for sharing.

She's in a better place now. I have this painting of a doggy heaven I got from an art auction. I process grief through art, music, beautiful things.. for you Ro.

♫♫ They say all good boys go to heaven... but bad boys bring heaven to you ~ song by Julia Michaels

Offline veritas

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Re: Bitcoin boom - is it for real? Could I be rich??
« Reply #19 on: May 13, 2019, 10:36:52 AM »
That's so kind of you, yes I'd love to come. Hit me up (pm) when you're free.