Hey guys,
I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.
My plan to get rich via bitcoin started as a miner, bought a knc mercury, I never rio'ed in btc, but in cash I did. Used some of the mined coins to buy Christmas and plane tickets for my girlfriend an I to visit her family out of state. After the knc miner was nearing the end of profits, I decided to cancel my Internet because the only reason I had it was to mine. I GAVE the mining rig to a friend to mine an get involved with.
Now my plan is to sell goods and services for bitcoin. I opened a head shop and sell glass an other headshop stuff for bitcoin in my home town.
I expect that the 5 an 10 dollar pipes I sold an continue to sell for btc to return a excellent profit since I'm the one producing the items I'm selling.
My goal is to put a large down payment on a house in btc, or if I'm very lucky to buy a house outright in btc sometime before 2020.