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[Goblins]

I have no idea what to do with all this platinum. 

Make crafts to trade out of them?

[Astrid]

Statues and Furniture.

Let your visitors know what the Dorfs archived.

But if you feel particular evil..... throw it all into magma.

[Areyar]

give everything platinum studs!
platinum flasks are nice to have too.

[Loyal]

• Use raw nuggets for high-value architecture. Make a few blocks out of the raw nuggets for high-value wells to put in your dining rooms, hospitals, etc. Make some platinum mechanisms for levers, traps, whatever.
• Use platinum bars for high-value architecture. Make bridges in high-traffic areas for all to admire. Make paved roads with them to make the outside of the fortress look as extravagant as the inside.
• Make furniture for your nobles! Whether out of bars or raw ore it's up to you. Because of the way smelting works now, you can now get more furniture by smelting the nuggets into bars first. On the other hand, you are still more likely to have a highly-skilled mason than a highly-skilled blacksmith.
• Buy out some caravans. Throw some stuff at the mountainhome. Make it rain!
• Attract the attention of goblin sieges with your platinum opulence, and then give it to them. Build a nice, deep pit trap and floor over the bottom with platinum, so that when your foes drop onto it they explode into a hundred pieces each! (I believe it's at its heaviest in raw nugget form and therefore preferable as such, though bars are obviously less expensive)

[TheBrisbyMouse]

Keep a few pieces, no matter what.

When a dwarf gets moody, see if he likes war hammers or maces. If he does, forbid ALL METALS(especially candy!) but the platinum until he's walking back to the forge with it. Then unforbid candy, so he can decorate with it. If all goes well, you suddenly have the best dwarf-wieldable weapon in the game, the Artifact Platinum Blunt Weapon. Give this prize to your Legendary +666 hammerdwarf/macedwarf with full masterwork candy armor, and commit genocide against the goblins. Or undead. Or clowns.

[Sadrice]

Platinum's density gives it few other interesting uses as well. Aside from the obvious, like throwing platinum minecarts filled with platinum bins filled with platinum blocks at your children enemies, you can also use platinum flooring to maximize falling damage.  Since the game models falling on the floor as being bludgeoned by the floor with a standard sized cube of the flooring material, dense floors like platinum and slade can make even very short falls entertainingly  deadly.  You could either line your moat with platinum and throw people in, or you could have a platinum floor in your entrance hall and drop platinum boulders out of the ceiling, smashing unwitting migrants goblins into the floor where they explode.

Keep that in mind before blinging everything in sight.  If you use platinum (or gold) architecture in your barracks, training injuries might get a little gruesome when someone gets thrown during sparring.

[Pirate Santa]

Deconstruct your trade depot and rebuild it out of platinum bars. Awe the caravans with your wealth 

[smurfingtonthethird]

Completely renovate your fortress. Replace all the walls and floor with platinum throughout the entirety of the thing.

Better yet, make a massive statue of a dwarf on the surface, and fill it with lava. Bonus points if it can send said lava flying into goblins.

[utunnels]

Mint coins and buy more platinum bars?

[Dwarf4Explosives]

Minecarts and warhammers. If you set up a loop of minecart track (with rollers) that goes through your fort entrance, creatures will still attempt to path through, but they'll get crushed. Make sure to have an off switch and keep your dwarves away from it while it's on.

[Arkangel]

I'm currently trying to make masterwork platinum everything, meaning furniture for all my dwarves, and tools that don't need to be hauled around a lot. Turns out, you need a surprisingly large amount of bars for this. I've currently used up over 10k bars and I'm nowhere near done.

[CHR1SZ]

Attempt to persuade your dwarves to make artifact warhammers out of it. Failing that, make minecarts out of it and construct a large ski-slope like structure out of track, with an auto-starting lever deep in your fort. Have this face out of your entrance, and then make some platinum furniture and fill the minecarts with it. Upon being invaded, restrict traffic around your entrance and pull the lever to release the minecarts. The resulting barrage of really heavy stuff should be sufficient to knock the hapless enemies several tiles through the air. In fact, if, after testing, you find the range of this knockback, construct a pit with a drawbridge in the main entrance. As well as serving as a secondary (boring) defense measure, even the mightiest of beasts are unlikely to survive being knocked several z-levels into a pit, and subsequently buried in tonnes of platinum furniture.

[Dwarf4Explosives]

Addendum to CHR1SZ's plan: the pit also allows you to recover the furniture for reloading more easily.

[DragonDePlatino]

GIVE IT TO ME.

GIVE IT ALLL TO ME.

[Niddhoger]

I'd gather up your army of scud-labor haulers and train them into weaponsmiths.  If their highest skill is only level 1-3 this takes virtually no effort of forging/melting copper weapons/training bolts to do.  Once they officially become a weaponsmith (higher weaponsmithing skill than their level 2 in cheese making), you can return them to hauling duty.  The point is to make them artifact-weapon bait.  Metalcrafters tend to enter strange moods at a much higher rate (double I think) than other moodable skills.  When one claims a forge, if they do not prefer platinum then forbid all other metals (helps to go through stocks screen).  Once they grab that platinum bar they either make an uber weapon (blunt) or room improvement device (bladed weapon).  If they like a non-blunt weapon (swords, spears, axes) they will ALWAYS make that weapon in a mood, so let them grab candy or steel instead (artifact candy swords oh my!) However, your artifact platinum mace/warhammer/morningstar will be the absolute best weapon in the game.