Ask HN: I make $30k/month thanks to Bitcoin. What should I do?

that's too bad. fwiw, i AM legit.

it's just that i am sitting in .de and my bank wont let me transfer € to mtgox (been trying sine BTC was at 11, sniff).

worth a try, i guess. let me know if you change your mind, i would greatly! appreciate and pledge a 0,1BTC donation to bitcoinfaucet if you do^^

shameless plug [or you could just buy some gold: http://bitcoincommodities.wordpress.com] /shameless plug

For 5%, I'll dump $1,000/day on MtGox and send you the balance. Feel free to e-mail me.

You have more options! I think you should probably keep your job for a while with the plan to start a startup in the USA as soon as you have your visa issues sorted out or find a hot fiancée. At the current rate, you can easily have the beyond $1MM net worth where a good immigration lawyer can just make your startup visa issues easily ok. Plan on doing exactly what you want to do and live the life you want to live! Feel free to email me off-site.

Can you spare some Bitcents for this non-profit I volunteer for? Maybe you can find an accountant that thinks anonymous Bitcoin donations are tax deductible. :D

1NsFNk9nq8h5XnzHLdwLL7ysK63F69NJt4

http://singinst.org/donate/

I would suggest finding a start up you like or other partners in whatever your interests are and then investing in them through phatom shares (consult a lawyer, its a fairly new construct).

You mentioned wanting to start a company with the money so find co-founders. From there create an operating agreement and register the company in a legal way that you can be an employee and owner (Inc, c-Corp etc). Obviously you will need to get a lawyer to do the appropriate wrangling but there are many ways to do this. Phantom shares, options etc.

Alternatively, you could do what one multi-national investor I know did and turn yourself into a company and sell shares of yourself to other investors. From there you can start up subsidiaries in whatever country through whatever standard private company (Inc, C-Corp) legal forms are permissible for a multinational to set up subsidiaries. Again consult appropriate lawyers, but I do know it is possible. This guy runs investment firms in India and America and has companies that run all over the place. It is possible when you have the money to do it. And if you want to create value its a good way to go if you find you have a nose for investments/opportunities.

Best of luck and congratulations on your new found wealth.

If I were in your shoes, I'd hold a rolling percentage based on market performance and cash out via alternate channels than just MtGox 1k USD limits, you can likely find some reliable channels for conversion into alternate stores of value. I believe the #bitcoin-otc channel on freenode has cryptographically signed rep tracking systems for the market participants there, and if you can provide btc they probably would be only too happy to accommodate your desire to liquidate to a less volatile store of value.

When you finally have your wealth sorted, enter negotiations with your employer from a position of strength. If you really do actually like your job and think what you're doing is important, maybe see if you can roll some wealth into the business as an investor as well as an employee providing yourself with a motivation boost in performance in the process. If you don't like your job perhaps negotiating better conditions or conditions more suited to pursuing your own business interests is a better path.

With your experience in the bitcoin markets you might also be in a position to simply finance a really good bitcoin focused startup. I had an idea that I was going to try for myself but turns out I don't have the capital necessary to do so, so you're welcome to it if you like;

Create a superfluid buying agent consisting of two components, a basic exchange service like MtGox that cashes btc to a fiat currency on the backend, and frontend merchant widgets that update a given fiat currency price displayed in BTC to the actual user. This would give your users the ability to shop on any traditional internet shopping site and pay with btc transparently, you would assumedly implement the dynamic pricing in btc using a browser plugin of some description.

Further automate your trades so if the market is rising you hold btc, if it's falling you instantly liquidate to fiat for your received btc. It turns out to be basically a transparent way to accrue more btc in an upwards moving market and act as a fee charging instant electronic funds transfer provider in a downwards moving market. The dynamic pricing protects you from the volatility in the exchange rates.

Whatever you decide to do, good luck, and congratulations on spotting an early opportunity.