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Topic: I have $2,500 to spend? (Read 2401 times)

hero member
Activity: 899
Merit: 1002
September 14, 2013, 09:56:04 PM
#28
Buy $2500 worth of bitcoins.
Sell them on localbitcoins for a higher price than you bought them
????
Profit
hero member
Activity: 490
Merit: 500
September 14, 2013, 09:52:43 PM
#27
Hi guys,

I want to invest this money into the Bitcoin world and preferably in my own hardware.  I'm not interested in crappie USB sticks or home made rigs.  I would consider shares.

Hardware:  What can you recommend to a semi novice
Shares:  Legit, without being scammed?

I'm an IT engineer and this is fascinating..

Order some mining hardware here:

http://www.virtualminingcorp.com/

or buy shares from the same company here:

https://bitfunder.com/asset/AMC

Thank me later
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
September 14, 2013, 09:45:24 PM
#26
Don't think of it as buying. I hate using that word. Bitcoin is a currency like all others It's time we acknowledge that.
I prefer to think of it as simply exchanging your USD for BTC. BTC can purchase things that USD can't.

Now to get back on topic I suggest you exchange a few USD for BTC and hold on to them their value will increase and so will your purchasing capability.

Either that or invest in a miner, but not an ASIC. Mine alt crypto especially LTC and trade for BTC.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
September 14, 2013, 09:36:18 PM
#25
PG welcome back.  How was your trip?

The trip was fine, but I've labeled a turncoat since I took a "bribe".
I'd happily take one or two.  Bribery is generally good for free markets operation.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
September 14, 2013, 07:34:01 PM
#24
PG welcome back.  How was your trip?

The trip was fine, but I've labeled a turncoat since I took a "bribe".
full member
Activity: 134
Merit: 100
September 14, 2013, 04:42:28 PM
#23
btc is high right now...buying now will bring losses unless you think its going 'to the moon' in the near future...realistically. wait until a low point near 115 or even 100 ....and asic miners ,,well you heard about them...in other words....WAIT!
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
September 14, 2013, 02:23:33 PM
#22
PG welcome back.  How was your trip?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
September 14, 2013, 02:21:16 PM
#21
Buy a barn, tear it down, pull the nails, trim the bad, list on CL, and profit $18K in 30 days. BTW, that is profit, for gross would be closer to $25K. Out of the $18K, pay the normal living expenses and buy 4 more barns to repeat and rinse.

Once you become successful, seek out an opportunity to be in position to accept a few hundred dollar bribe.
sr. member
Activity: 252
Merit: 250
September 14, 2013, 12:56:39 PM
#20
Thank you all Smiley
hero member
Activity: 672
Merit: 500
September 14, 2013, 12:48:01 PM
#19
I'm in the UK

I wouldn't use Mtgox until their issues are sorted out.  Check with Bitstamp, BTC-E, and CampBX to see which has the most favorable deposit method for your area.  Right now the spread between these 3 exchanges is small.

http://trading.i286.org/
legendary
Activity: 1974
Merit: 1003
September 14, 2013, 12:01:22 PM
#18
Quote
I have $2,500 to spend?

You ask us ?
sr. member
Activity: 252
Merit: 250
September 14, 2013, 10:05:52 AM
#17
I'm in the UK
sr. member
Activity: 364
Merit: 250
September 14, 2013, 09:20:50 AM
#16
OK,

I will listen.

Where can I buy coins at good rates hassle free?
depends on where you live.
E.g. in the USA Coinbase and Bitstamp or frequently used.
sr. member
Activity: 252
Merit: 250
September 14, 2013, 09:08:41 AM
#15
OK,

I will listen.

Where can I buy coins at good rates hassle free?
hero member
Activity: 898
Merit: 1000
September 14, 2013, 08:43:20 AM
#14
Just buy some coins and sit on them. Mining is far more effort than its worth, too many delays with preorders etc. and hashrate increasing rapidly.
hero member
Activity: 616
Merit: 500
September 14, 2013, 08:32:12 AM
#13
For the love of satoshi if you have 2.5k USD don't under any circumstance use it to buy mining gear. Really. Miners are all fucking stupid. If every miner only got a single USB miner for 80$, they'd all be swimming in moneys. Instead, they all spend thousands and thousands of $$$ battling for the same amount of coins available. Ridiculous.

Let them all shoot their feet off and go buy some coins in the mean time.
sr. member
Activity: 252
Merit: 250
September 14, 2013, 08:06:58 AM
#12
Have you had a look into Pyramining (referral link)?
You can checout their FAQ at http://pyramining.com/faq and forum thread at https://bitcointalksearch.org/topic/httpwwwpyraminingcom-discussion-thread-no-advertising-here-80845




Interesting and maybe just what I need.  Shall investigate.

So, is it a NO to an awaiting 64GHz Butterfly for $1700 that may arrive late October / November?
legendary
Activity: 1358
Merit: 1002
September 14, 2013, 07:44:37 AM
#11
Have you had a look into Pyramining (referral link)?
You can checout their FAQ at http://pyramining.com/faq and forum thread at https://bitcointalksearch.org/topic/httpwwwpyraminingcom-discussion-thread-no-advertising-here-80845


sr. member
Activity: 364
Merit: 250
September 14, 2013, 07:40:11 AM
#10
Hi guys,

Thanks for the sound advice.

I'm in a dilemma..

64Ghz Miner  ($1700 - October via a friend) - Butterfly
Buy Bitcoins (and sit on them)
urghs...Butterfly Labs
they are known to deliver very very delayed.

Quote
or
Buy Stock (which I have NOOO idea on where to start or look or know if my gamble has a good chance to survive)?
there is a lot of crappy/scammy stocks out there, be careful.
As trading platform, I have good experience with btct.co .
sr. member
Activity: 252
Merit: 250
September 14, 2013, 07:32:41 AM
#9
Hi guys,

Thanks for the sound advice.

I'm in a dilemma..

64Ghz Miner  ($1700 - October via a friend) - Butterfly
Buy Bitcoins (and sit on them)
or
Buy Stock (which I have NOOO idea on where to start or look or know if my gamble has a good chance to survive)?
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