Quote from: batang_bitcoin on October 02, 2016, 11:18:12 AM

Quote from: dearbesz1219 on October 02, 2016, 10:41:31 AM

Quote from: crazyivan on January 09, 2016, 09:18:31 AM

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. Grin

My plan when I get reach in bitcoin I want to buy a bitcoin mining machine to earn more bitcoin, then I establish my own traditional business. Also buy a new house and lot with cars also. Then live happily ever after.

Well I guess that is not a plan to get rich, what you are planning is what you are going to do when you became rich. But having a mining farm is going to make you rich in bitcoin if you are just going to be consistent with it. But before you are going to have mining rigs, you must invest with the hardware and that is going to cost a lot.

Investing in a mining business is an expensive business so you need to be rich already to be able to start that business. That has no relevance to the topic because what we are talking is the method to become rich.