Quote from: gkv9 on December 26, 2015, 12:32:22 PM

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

LMAO, what???
Did you just say one can't retire sitting on $500k???
Do you even know how much BTC can you buy with $500k at current rates???
And even if your monthly expense is $1k, which means yearly expense goes to $12k, then you still have 42 years roughly which you can easily live doing nothing...

Lol with 500k in fiat means you could almost retire now. Since it would give you 15k per year (based on a 3% interest percentage)
Just take a part time job for extra expenses