Ok so basically I am installing a new sound system in my basement which will be mainly used for a party space.

Im looking for like 4 speakers, a sub, amplifier is needed, receiver or something to play using Iphone, Speaker wire needed.
The Budget is around $700-1000.

Ok the room is like 30 by 30 and will have alot of people. Prob around 50 or so. I want something loud and durable dont want it blowing as people will turn it up. The quality doesnt have to be perfect but I dont want garbage.

Will donate 25 fg for each suggested set up(If legit based on my judging) and 250 fg for the person who gives me the most information and help in choosing this.

Any questions you have ask me.

Google up some hi-fi forum and ask there

there's forums literally filled to the top with people talking about nothing but stereo-shit all day long every day and they are insanely knowledgeable

You're not gunna get much help here on the shittiest music board on the entire interweb

You can only expect so much from a forum filled primarily with metal, rap and dubstep fans.

If i had a 1,000$ to spend on a sound system, i'd buy used home theater amp, hook it up to a computer, then buy some 12 inch car subs, probably 2 would do, and just run some floor stand tower speakers.
Yes, you will fuck up the car subs because they're a different ohm, but it'll take a while... it wont happen over night, i had 3 x 12 inch subs hooked up to a home theater amp for 3 years and cranked it all the time and nothing ever happened to them.. i ended up selling the setup to a friend when i moved.

I got my current setup from helping someone move, 300 watt home theater amp and 2 x kenwood floor speakers with one 12 inch woofer in each box, the woofers are kinda fucked tho, just cause the prevous owners cat clawed one of them.. but they still pound. I have it hooked into my computer and just use it for all my sound needs... wouldn't mind some woofers, but then i'll have to buy a new amp with a sub port, and i don't wanna spend any money on a system that already sounds decent.

I had a really nice setup before, bought the home theater amp and speakers from a pawn shop for like 300$, was a crazy deal.. but i did buy a lot of shit from there so he hooked me up, try that tho, just go into a pawn shop and try to make a deal with the guy, they usually have a lot of that shit and they would sell you it for a good price if you come across as a good dude.