Woke Up To This A Few Days Ago :)

SexyGreyFox said:
Let's pretend he has got 14 million how can he spend it?
Could he go to an estate agent and buy a house, could he go to the Ferrari dealership or has he got to but small-ish items like the poster above who bought a gaming PC?
Can anybody link to a boys toys site that will take your bitcoins?
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First, you test whether you can actually access the funds. Take a couple of thousand, spend it, check all looks well.
Secondly, get to a country with low capital gains tax and no extradition treaty.
Thirdly, start transferring the funds out bit by bit and to multiple different bank accounts...


Actually, I find this a more fun game. Forget what you'd spend it on. How would you handle it if you actually found yourself in possession of £14million pound from an unknown source? How would you make sure you didn't lose it?
 
h4rm0ny said:
I'd be more worried about whose account they were supposed to appear in. Reminds me of The Sting where Robert Redford and his mate accidentally rip off a mob courier on his way to a drop. They expected to get forty dollars or something, ended up with several thousand. Didn't end well for either of them.

Though there was lots of piano music.
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actually it did end well for them eventually, in the end... after another scam


though bitcoin is anonymous so OP doesn't really have that problem
 
Partly. Also because trading them is fun. I bought a few when they were $200ish and just sold them the other day for $430.
 
dowie said:
actually it did end well for them eventually, in the end... after another scam
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I seem to remember Robert Redford saying at the end that the money wasn't enough to make him feel better for the death of his friend. Only, that for revenge, it would have to do.

Dolph said:
though bitcoin is anonymous so OP doesn't really have that problem
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This is more interesting. How anonymous is it really? The source of the money (in the hypothetical that this really did happen to the OP which we both know it's just a bug) can presumably see the destination wallet, just not know see any name attached because there isn't one? Correct?
 
yup, it isn't private per say - it is anonymous in so far as there is nothing within bitcoin to reveal your identity but the actual transactions are on the block chain. Obviously if you hand over your details to a bitcoin exchange etc.. then they know who you are.

I'm not sure how you've ended up quoting Dolph from another thread there? :D
 
If the OP did try to withdraw it all (over time to hold the value) wouldn't it raise some serious questions from the authorities?

Like where the hell did this £14 million come from? :D

I can see some russian mafia hitmen working their way through the members of OcUK until they find the right man. :eek:
 
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MonkeyMan said:
If the OP did try to withdraw it all (over time to hold the value) wouldn't it raise some serious questions from the authorities?

Like where the hell did this £14 million come from? :D

I can see some russian mafia hitmen working their way through the members of OcUK until they find the right man. :eek:
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They can't tax BitCoin. For everything else, may I recommend a company in Panama? ;)
 
well ethically OP ought to try and return the funds...

but if it is genuine and he is going to take the money he'd be wise to request removal of this thread
 
datalol-jack said:
They can't tax BitCoin. For everything else, may I recommend a company in Panama? ;)
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you sort of can - if you deposited a grand in a bitcoin exchange and by some trading wizzadry you gambled it up to 100k then withdrew it you'd technically owe some CGT

depending on the price on the date the OP received the transfer of bitcoins he might well have made a capital gain too when he comes to convert to GBP
 
For those in possession of a time machine you could have bought yourself 45,000 BTC for only $2700 in Sep 2010. :)
 
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