Topic: Am I the only newbie just buying bitcoins? - page 2. (Read 2740 times)
Forget mining. What about selling something, or providing a service?
both buying and mining (and for us noobs, the software) are total pains in the ass. I'm not interested in mining, but i can't even get my hands on decent windows wallet software. My university's firewall makes thin clients my only option. I actually just installed ubuntu with wubi, but there are some driver issues with my wireless card so i'm on the brink of "fuck it." I don't want to print out paper wallets and I don't want to use ewallets. If bitcoin is ever, ever going to take off, it needs to get its software streamlined asap. NOBODY wants to download some fucking block chain. And most people where I'm from don't want to mess with linux, command line, firewall ports, or pgp. When accessibility goes up, so will trading volume. And that makes everybody happy.
why isn't the standard bitcoin client not working for you ? it's pretty decent
My university's firewall makes thin clients my only option.
Try setting up a client outside of the universality's firewall that you can connect to and you can use the outside one as a node to grab the blockchain.
I like that idea.
no you are not. i am in the same boat, but i can't quite figure out how to buy them yet 
I started mining first... but I'm more interested in offering bitcoin services than actually buying more bitcoins :p
both buying and mining (and for us noobs, the software) are total pains in the ass. I'm not interested in mining, but i can't even get my hands on decent windows wallet software. My university's firewall makes thin clients my only option. I actually just installed ubuntu with wubi, but there are some driver issues with my wireless card so i'm on the brink of "fuck it." I don't want to print out paper wallets and I don't want to use ewallets. If bitcoin is ever, ever going to take off, it needs to get its software streamlined asap. NOBODY wants to download some fucking block chain. And most people where I'm from don't want to mess with linux, command line, firewall ports, or pgp. When accessibility goes up, so will trading volume. And that makes everybody happy.
why isn't the standard bitcoin client not working for you ? it's pretty decent
My university's firewall makes thin clients my only option.
Try setting up a client outside of the universality's firewall that you can connect to and you can use the outside one as a node to grab the blockchain.
both buying and mining (and for us noobs, the software) are total pains in the ass. I'm not interested in mining, but i can't even get my hands on decent windows wallet software. My university's firewall makes thin clients my only option. I actually just installed ubuntu with wubi, but there are some driver issues with my wireless card so i'm on the brink of "fuck it." I don't want to print out paper wallets and I don't want to use ewallets. If bitcoin is ever, ever going to take off, it needs to get its software streamlined asap. NOBODY wants to download some fucking block chain. And most people where I'm from don't want to mess with linux, command line, firewall ports, or pgp. When accessibility goes up, so will trading volume. And that makes everybody happy.
why isn't the standard bitcoin client not working for you ? it's pretty decent
Am I the only newbie right now JUST buying bitcoins and not jumping on the mining bandwagon?
No, I'm a newb and I'm buying bitcoins ... I don't have the gear to mine profitability right now though I am thinking in investing in some fpga in the future
And I haven't even started trading.
both buying and mining (and for us noobs, the software) are total pains in the ass. I'm not interested in mining, but i can't even get my hands on decent windows wallet software. My university's firewall makes thin clients my only option. I actually just installed ubuntu with wubi, but there are some driver issues with my wireless card so i'm on the brink of "fuck it." I don't want to print out paper wallets and I don't want to use ewallets. If bitcoin is ever, ever going to take off, it needs to get its software streamlined asap. NOBODY wants to download some fucking block chain. And most people where I'm from don't want to mess with linux, command line, firewall ports, or pgp. When accessibility goes up, so will trading volume. And that makes everybody happy.
Am I the only newbie right now JUST buying bitcoins and not jumping on the mining bandwagon?
Started to read the wikis. Looks like buying bitcoins is not so easy.
right now solo mining would require a remarkable set of equipment, and eat some serious electricity.
As for the market, well, the strong presence of speculators is both obvious and inevitable.
As for the market, well, the strong presence of speculators is both obvious and inevitable.
I presume there are individuals with thousands? What do they do with them?
^ Yesh.
If I HAD the money, i would be buying. I don't, so there fore I mine. I will in the near future be trading goods for BTC. Once you have btc, you cant really buy more btc unless its gambled.
What is a typical balance to have for a newbie? I've got 0, but intend on having some in the future. I presume there are individuals with thousands? What do they do with them?
What is a typical balance to have for a newbie? I've got 0, but intend on having some in the future. I presume there are individuals with thousands? What do they do with them?
@ NothinG That's funny that you mention that. I'm actually the opposite by waiting to see what difference the significant increase of miners will play on the market. If in 2 months it's still profitable because the prices of BTC follows or is better than the increase in difficulty I don't see that would be changing. I figure by that time I can sell my BTC and use the profit to buy my mining equipment. I can see your side of things too. I just found it amusing that we can have totally opposite trains of thought yet both be just as speculative. I'm an old day trader back before the .com bust and really this market gives me a lil bit of the adrenaline rush I got from day trading to the point of addiction. 
@Economics It's totally a spectators market but that's what makes it so fun! There is just to few retailers out there allowing the use of bitcoins to believe the volume is due to people buying them to use them as currency
@Economics It's totally a spectators market but that's what makes it so fun! There is just to few retailers out there allowing the use of bitcoins to believe the volume is due to people buying them to use them as currency
you can buy & mine
Do you think the significant volume in Bitcoin Trading (e.g. at Mt. Gox) is just speculators or people really using it as a currency?
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imho most of the volume i held by speculators. some volume by people just want to own some coins. some others mining and not selling. some belivers. and of course some few that are buying or mining bitcoins to pay something with it different than euros or dollars.
Definitely not. Mining requires a pretty large up-front investment nowadays, both in time and money, and I can't afford it right now. Also, mining is getting increasingly difficult. I'm considering investing some of the bitcoins I bought in one of the companies listed on http://glbse.com.
Do you think the significant volume in Bitcoin Trading (e.g. at Mt. Gox) is just speculators or people really using it as a currency?
--E
--E
Am I the only newbie right now JUST buying bitcoins and not jumping on the mining bandwagon?
i'm doing both, as i like the sound of fans in my room.
no, but if you want to build up serious volume it's probably too late to start mining, only.
as i've said i'm doing both but in a relationship of 1:100 (mining/buying-selling).
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