Quote from: Amph on December 25, 2015, 08:05:22 AM

Quote from: keithers on December 25, 2015, 07:58:23 AM

Quote from: QueenW on December 25, 2015, 05:20:32 AM

I say 50 bitcoins will get you by retirement after huge price increases.

Say bitcoin price raises to 10,000 each

You will have $500,000

You can retire with that much money if you live frugally, and have no fixed expenses.

You can't retire with 500k, no way, no how

well you can, you said it right it depend on your lifestyle, there are people with no family, and no heavy expenses, they can live with 5k per year

so 10 btc as it is right now, those people can retire easily with 50-100 btc

yea but people with family will have to count with how many members they have if four like in my case then from 200-400