$30k to invest - Ideas | Bitcointalksearch.org

GizmoOG

newbie

Activity: 13

Merit: 0

Quote from: Cre0 on December 25, 2017, 09:37:34 AM

Buy verge for 60% , 20% btc 20% gamble daily trade for fun... when verge reaches 1$ you will be a happy man.. or invest all in verge but u know u gonna have to wait some time for verge to hit dat 1$ mark Cool

https://www.reddit.com/r/CryptoCurrency/comments/7ltnff/verge_is_teaching_us_all_something/ really think xvg is gonna hit it?

BennyT

full member

Activity: 259

Merit: 108

I'm not a fan of ASIC mining. Short life span, and it's like a tight closed group running the show. At least with GPU mining it's widespread and the power is still with the people so to speak. Plus, if crypto tanks - you can sell the hardware. If you're an investor (in anything you invest in life) always try to hold on to the asset in some form or another.

I would echo what the above poster said about doing a Zen node but as far as I know, the minimum Z required is 42 coins. Not an expert yet but I'll be figuring it out in the new year.

Cre0

newbie

Activity: 3

Merit: 0

Buy verge for 60% , 20% btc 20% gamble daily trade for fun... when verge reaches 1$ you will be a happy man.. or invest all in verge but u know u gonna have to wait some time for verge to hit dat 1$ mark Cool

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: NameTaken on December 25, 2017, 06:37:53 AM

Price increase due to speculation and scarcity which also decreases its practical usability. $50 transaction fee now and if price goes up 10x, transaction fee will be $500.

That's why nobody will have to use onchain transactions soon after LN goes live.

$100k+ is defintiely possible.

When that happens what's going to happen to all those fast altcoins? R.I.P.

NameTaken

hero member

Activity: 630

Merit: 502

Price increase due to speculation and scarcity which also decreases its practical usability. $50 transaction fee now and if price goes up 10x, transaction fee will be $500.

Cereberus

legendary

Activity: 910

Merit: 1000

The price of Bitcoin is down right now, buy 2.5 BTC and wait for end of last year where many speculations say it will be 150.000 USD a coin. You can 10 fold your investment if that is going to be true. Of course it is only speculation but look at this year speculation, many people said max the price of bitcoin will be 10.000 USD for this year , yet we seen a steady 19 to 20k dollars per coin.

This is my first option with that amount.

Second one do like you say but better mine Monero with those cards cause you will have a bios mod if you are going to hit 31 Mhash Ethereum, they will work better in Monero.

crypto.cr

newbie

Activity: 364

Merit: 0

Dont invest on mining .buy 30 k bitcoin or ETH and think for long time 2020

Idjces

newbie

Activity: 2

Merit: 0

Quote from: mindrust on December 23, 2017, 11:08:25 AM

Quote from: Metroid on December 23, 2017, 10:40:06 AM

Quote from: mindrust on December 23, 2017, 04:28:43 AM

So eth will have a %1200/year interest rate. Even a shitty third world country doesnt give a rate like this.

It is not 1200% per year, rumors say around 100% per year which will seem to be very attractive if real.

my bad its %120/yearly rate. which is not healthy at all. I dont know how you see it as a good thing.

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ

The example there is 5%, i think i saw a video use an example of 6%. These are yearly figures. Mining is not a long term solution to anything and will dissapear when better alternatives like Proof of Stake are finalized.

I think in the video i saw, they suggested if 50% of total coins were held staking, and supply was inflated 3% yearly, stakeholders would receive a 6% return. Its a market so it will find its own equilibrium. If only 25% of supply were to stake, that same 3% inflation would result in a 12% annual return.

I have no idea what their final plans are. Figures are only an example

btcneodev

newbie

Activity: 32

Merit: 0

I think GPU is not the trends right now. Do you ever think of investing in ASIC miner? You can buy a few ASIC miners with $30k, mainly for SHA256 should be good in ROI.

dinkydow

newbie

Activity: 11

Merit: 0

Hello, I think you should

1. put 10k in bitcoin over a 3 month period daily cost averaging
2. buy a zen cash node for $1,800
3. build in server cases
2 x 6 card gtx 1080ti zcash
1 x 6 card vega 56 monero
1 x 8 card rx580 ubiq

then you spread your investment over 3 methods of growth

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: malthrax on December 23, 2017, 11:38:00 AM

Quote from: mindrust on December 23, 2017, 02:53:30 AM

Quote from: Metroid on December 23, 2017, 02:50:09 AM

Quote from: szafa on December 23, 2017, 01:48:43 AM

Eth is soon pos ,think invest is something else.

this, soon the world will run to buy eth as holding eth will give enough money as a retirement plan for anybody. Just buy eth and stake it and thank me later when eth goes pos.

I would rather take my money to a bank and collect interests than investing in a pos coin.

Store of value=limited supply

storing fiat currency in a bank is a losing proposition, from an investment perspective. the interest rate given by the bank will NEVER outpace central bank inflation of said currency.

And when you invest in ETH, it is basically the same thing as investing in a bank cuz, PoS=Interest

steve666

newbie

Activity: 41

Merit: 0

Quote from: szafa on December 23, 2017, 01:48:43 AM

Eth is soon pos ,think invest is something else.

Yeah, soon, maybe next december... lol

malthrax

newbie

Activity: 182

Merit: 0

Quote from: mindrust on December 23, 2017, 02:53:30 AM

Quote from: Metroid on December 23, 2017, 02:50:09 AM

Quote from: szafa on December 23, 2017, 01:48:43 AM

Eth is soon pos ,think invest is something else.

this, soon the world will run to buy eth as holding eth will give enough money as a retirement plan for anybody. Just buy eth and stake it and thank me later when eth goes pos.

I would rather take my money to a bank and collect interests than investing in a pos coin.

Store of value=limited supply

storing fiat currency in a bank is a losing proposition, from an investment perspective. the interest rate given by the bank will NEVER outpace central bank inflation of said currency.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Metroid on December 23, 2017, 10:40:06 AM

Quote from: mindrust on December 23, 2017, 04:28:43 AM

So eth will have a %1200/year interest rate. Even a shitty third world country doesnt give a rate like this.

It is not 1200% per year, rumors say around 100% per year which will seem to be very attractive if real.

my bad its %120/yearly rate. which is not healthy at all. I dont know how you see it as a good thing.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: mindrust on December 23, 2017, 04:28:43 AM

So eth will have a %1200/year interest rate. Even a shitty third world country doesnt give a rate like this.

It is not 1200% per year, rumors say around 100% per year which will seem to be very attractive if real.

BitBustah

hero member

Activity: 1218

Merit: 534

Quote from: drumtraks on December 22, 2017, 10:26:14 PM

I have roughly $30k to invest and I would like to hear out your ideas, especially from people who have experience with different builds and cryptocurrencies.

Real estate.

Or buy bitcoins. With that budget you'll earn more buying than mining.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Metroid on December 23, 2017, 03:31:14 AM

Quote from: mindrust on December 23, 2017, 02:53:30 AM

I would rather take my money to a bank and collect interests than investing in a pos coin.

Store of value=limited supply

You know there are talks that if you own 1000 eth coins, you will get 100 eth coins or 10% per month by just simply holding them. What kind bank gives you that? In the UK for example, interest is 1% per year, so that is just an example. Now if this will be real once eth goes pos is a different story.

Some talks here about eth going pos https://bitcointalk.org/index.php?topic=2449392.40

So eth will have a %1200/year interest rate. Even a shitty third world country doesnt give a rate like this.

Hopefully you understood what I'm saying.

Look at all the developed countries doesn't give or give so little interest rates. Like Switzerland. Even if they give negative interests, people want to live there, have a bank acc there. That's bitcoin.

All the shitty countries raise their interest rates to attract more investors cuz they don't have anything else to sell. That's ethereum.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: mindrust on December 23, 2017, 02:53:30 AM

I would rather take my money to a bank and collect interests than investing in a pos coin.

Store of value=limited supply

You know there are talks that if you own 1000 eth coins, you will get 100 eth coins or 10% per month by just simply holding them. What kind bank gives you that? In the UK for example, interest is 1% per year, so that is just an example. Now if this will be real once eth goes pos is a different story.

Some talks here about eth going pos https://bitcointalk.org/index.php?topic=2449392.40

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Metroid on December 23, 2017, 02:50:09 AM

Quote from: szafa on December 23, 2017, 01:48:43 AM

Eth is soon pos ,think invest is something else.

this, soon the world will run to buy eth as holding eth will give enough money as a retirement plan for anybody. Just buy eth and stake it and thank me later when eth goes pos.

I would rather take my money to a bank and collect interests than investing in a pos coin.

Store of value=limited supply

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: szafa on December 23, 2017, 01:48:43 AM

Eth is soon pos ,think invest is something else.

this, soon the world will run to buy eth as holding eth will give enough money as a retirement plan for anybody. Just buy eth and stake it and thank me later when eth goes pos.

drumtraks

newbie

Activity: 7

Merit: 0

Quote from: crocozino on December 23, 2017, 01:27:09 AM

well, I think I will make slightly different
1. I'd go for some rx570 4g (or 8GB for 15-20$ more) - maybe 2 rigs with them - they will be mining crytpnight coins, there no need to buy RX 580 which is more expencive and have almost same performance.
2. Then 3 rigs with RX580 for ETH or dual mining
3. Then I'd take 2 rigs with NV1070ti - for other coins that loves nvidia cards, btx, zcoin, neoscrypt and others

I was thinking of the 580 since from what I picked up checking others' benchmarks it had better performance than the 570? And the price difference is kinda negligible.

I'm curious about the nVidias... to be honest from what I've searched it always looks like the 580 seems a better bet overall?

I wasn't really looking into many other coins as much as ETH.

szafa

hero member

Activity: 812

Merit: 500

Eth is soon pos ,think invest is something else.

crocozino

sr. member

Activity: 420

Merit: 250

Quote from: drumtraks on December 22, 2017, 10:26:14 PM

Hey guys,

I'm pretty new to the mining game (just started with a HF account on SHA256) and I like the idea of contributing to the network instead of just buying coin as an investment.

I have roughly $30k to invest and I would like to hear out your ideas, especially from people who have experience with different builds and cryptocurrencies.

As of now I was thinking of going through in January with 5 rigs consisting of 12 Sapphire RX580 8GB Limited Edition on an ASRock H110 mobo, each. My objective is to mine ETH and I'm counting with steady 30MH/s+.

Pitch in your ideas, do you think this is a good idea or is there a better way to build a rig and invest my $30k?

Thanks in advance

well, I think I will make slightly different
1. I'd go for some rx570 4g (or 8GB for 15-20$ more) - maybe 2 rigs with them - they will be mining crytpnight coins, there no need to buy RX 580 which is more expencive and have almost same performance.
2. Then 3 rigs with RX580 for ETH or dual mining
3. Then I'd take 2 rigs with NV1070ti - for other coins that loves nvidia cards, btx, zcoin, neoscrypt and others

drumtraks

newbie

Activity: 7

Merit: 0

Quote from: CryptoWatcher420 on December 22, 2017, 11:34:05 PM

if you need people to pitch you ideas, you haven't done enough of your own research. 30k to invest and you really haven't got a clue. hell people shouldn't even need to post as well lets face it theres enough ideas here on the forum that you could find them yourself

Where did you read I -need- people to pitch ideas? Last time I checked this is a forum and wanting to debate ideas has nothing to do with having or not having made research.

If there's another topic with debate on investment in such kind of amounts and from this month please let me know, you don't need to be an asshole

malthrax

newbie

Activity: 182

Merit: 0

Just buy $30k of ETH and hold on to it.

eleceng1979

jr. member

Activity: 44

Merit: 3

For $6k for each 12 gpu setup, send your 30k to me and I will send you 5 systems ready to roll... FREE SHIPPING! LOL Or just give me your 30k for a mining contract for 1800MH for a 6 month contract. Your electric would be about $12,000 annually at my low rate of $0.13.

CryptoWatcher420

sr. member

Activity: 462

Merit: 258

Small Time Miner, Rig Builder, Crypto Trader

Quote from: drumtraks on December 22, 2017, 10:26:14 PM

Hey guys,

I'm pretty new to the mining game (just started with a HF account on SHA256) and I like the idea of contributing to the network instead of just buying coin as an investment.

I have roughly $30k to invest and I would like to hear out your ideas, especially from people who have experience with different builds and cryptocurrencies.

As of now I was thinking of going through in January with 5 rigs consisting of 12 Sapphire RX580 8GB Limited Edition on an ASRock H110 mobo, each. My objective is to mine ETH and I'm counting with steady 30MH/s+.

Pitch in your ideas, do you think this is a good idea or is there a better way to build a rig and invest my $30k?

Thanks in advance

if you need people to pitch you ideas, you haven't done enough of your own research. 30k to invest and you really haven't got a clue. hell people shouldn't even need to post as well lets face it theres enough ideas here on the forum that you could find them yourself

drumtraks

newbie

Activity: 7

Merit: 0

Hey guys,

I'm pretty new to the mining game (just started with a HF account on SHA256) and I like the idea of contributing to the network instead of just buying coin as an investment.

I have roughly $30k to invest and I would like to hear out your ideas, especially from people who have experience with different builds and cryptocurrencies.

As of now I was thinking of going through in January with 5 rigs consisting of 12 Sapphire RX580 8GB Limited Edition on an ASRock H110 mobo, each. My objective is to mine ETH and I'm counting with steady 30MH/s+.

Pitch in your ideas, do you think this is a good idea or is there a better way to build a rig and invest my $30k?

Thanks in advance

Topic: $30k to invest - Ideas (Read 464 times)