Quote from: N4D3B337Z on November 23, 2013, 03:22:33 AM

Quote from: LostDutchman on November 23, 2013, 02:35:25 AM

Quote from: pengcqu on November 21, 2013, 08:25:32 AM

How do you plan to deal with your bitcoinBTC in future?

1) Keeping them forever.

2) Sell them at a good price.

3) Buy miner to mining more bitcoins.

4) Buy other thing using bitcoins.

5) Other better choice.

I intend to obtain BTC by mining alts; esp. LTC; sell some, hold some and retire on my earnings, using those earnings to live the life style to which I would like to become accustomed.

Do a bit of arbitrage; play the game.

I will make others rich as well along the way to my financial freedom.

I have three rent-free locations in which I am going to locate mining farms and all the electrical power in the world available at very nice rates so the cost is well within reason.

Presently have 400 amp/220 VAC in all three locations (88,000 watts per location!). Can sure run a lot of miners with that kind of juice! I can add more if necessary (And I hope it is!) at very minimal cost.

Actually, I do not see that I will ever retire as with no work I think I would croak off in only weeks.

I didn't go through the recent surgery to sit around waiting to die!

My $.02.

Wink

I say it sounds like a solid plan.
I envy you so much right now.
I will try to do something similar.
but I can't afford the mining farm right now only a gfx card.(3 KIDS)

Well, I am single and intend to stay that way; sons both grown and on their own. don't owe ex-wife any money! LOL! As far as women go right now, I ascribe to the theory that if it flies, floats or fucks, RENT IT!*

Just kidding; there is all the free that you need, just don't let'em in your house!

Wink

No time for "relationships" is the actual thing right now. Too much work to be done.

I am putting together a mining corporation in which I will mine for both my group and for others with buy-in costs at very reasonable rates, especially considering my power costs which to not exceed USD $.107 per Kw/hr.

The locations are owned by myself or my partners, so no rent factor and we will very soon go for the Gold.

A few things yet to come into place so that I can devote full time to the project.

After watching so many others fail at Permanent Mining Corporations, I have a pretty good idea of how they screwed up and failed. I already have a Kansas corporation, all tax matters handled and the rest of the bullshit documention and filings done.

Busy weekend coming up for me, I assure you as it is past time to get this show on the road!

Thank you for your kind reply!

My $.02.

Wink

*Airplanes, boats and women.