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Topic: INVEST BITCOIN!!! - page 4. (Read 25064 times)

legendary
Activity: 1218
Merit: 1007
June 19, 2016, 09:22:51 AM
Investing is a little bit risky  but with proper knowledge you may know if that site is a scam or not but after all .. all sight  can be suspected on scamming

Don't invest, just hold or trade your coins on your own.
If you would invest somewhere knowing your coins will be worth much in few months, and the site scams, you won't be left with anything.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 19, 2016, 04:51:38 AM
You mention right now which is what we do know.  So I think you can run some ROI math and figure what makes sense currently.  In mining we really never know the future for sure that is why it's speculating.  But we do know now and your mining before having so huge in my mind getting extra day's before having if you are going to mine. 

So this is why I was not agreeing with "mining mining doesn't make much sense right now".   Many are doing it including me and it does make sense for some.  As far as "free" electricity that is a entire different thing

You are already in the business, this is quite another matter. What I meant to say (and probably should have stressed it specifically) is that starting mining right now doesn't make much sense (read being too risky an enterprise) unless you have a serious safety margin (i.e. low electricity costs)...

And your words actually confirm this, since the future is rather vague and sketchy (in respect to Bitcoin price after the halving)
member
Activity: 111
Merit: 10
“Everyone Is A Bank”
June 18, 2016, 10:45:35 AM
Investing is a little bit risky  but with proper knowledge you may know if that site is a scam or not but after all .. all sight  can be suspected on scamming
full member
Activity: 120
Merit: 100
June 18, 2016, 10:01:31 AM
In internet world theres no safe place.. for  me all of them is unknown and remains to be uknown they might steal your money  but we dont have a choice rather than to trust them
legendary
Activity: 1456
Merit: 1000
June 17, 2016, 11:40:34 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity

It all depends can't really make such a big blanket statement.  Yes it's tighter margins then a year ago but many are still able to mine profitable.  Even with having the S9 coming out will let many remain mining profitable where S7 might have not been profitable after having.

And we really don't know what value, difficulty will be after having all speculation.   So S7 hard to say who can mine it after having.  But MANY will still be able to mine with S9 it was just a huge jump in efficiency.

At first you say that you wouldn't make such a broad statement yourself, then start speculating along virtually the same lines. I think I have cheap electricity (the costs I posted earlier), but I wouldn't invest into mining equipment due to operating costs still being high (safety margin being too narrow)...

And since "we really don't know what value, difficulty will be after [the] ha[l]ving"

I meant no offense if that is how you are taking it.  I just mean that we don't know what is "cheap" electricity after having, for example what is cheap enough for a S7 to be profitable after having? We don't know still a lot in air but it's looking positive with BTC value and slow difficulty changes.

You mention right now which is what we do know.  So I think you can run some ROI math and figure what makes sense currently.  In mining we really never know the future for sure that is why it's speculating.  But we do know now and your mining before having so huge in my mind getting extra day's before having if you are going to mine. 

So this is why I was not agreeing with "mining mining doesn't make much sense right now".   Many are doing it including me and it does make sense for some.  As far as "free" electricity that is a entire different thing.
member
Activity: 106
Merit: 10
"Highest ROI crypto infrastructure"
June 17, 2016, 09:34:56 AM
For theres nothing safe here on internet better to be careful  for you to be not scammmed by other person.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 17, 2016, 06:34:06 AM
You can ask someone who you  really trust the most .Seek for advice then study  before joining on some sites
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 17, 2016, 04:47:42 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity

It all depends can't really make such a big blanket statement.  Yes it's tighter margins then a year ago but many are still able to mine profitable.  Even with having the S9 coming out will let many remain mining profitable where S7 might have not been profitable after having.

And we really don't know what value, difficulty will be after having all speculation.   So S7 hard to say who can mine it after having.  But MANY will still be able to mine with S9 it was just a huge jump in efficiency.

At first you say that you wouldn't make such a broad statement yourself, then start speculating along virtually the same lines. I think I have cheap electricity (the costs I posted earlier), but I wouldn't invest into mining equipment due to operating costs still being high (safety margin being too narrow)...

And since "we really don't know what value, difficulty will be after [the] ha[l]ving"
legendary
Activity: 1638
Merit: 1046
June 16, 2016, 12:09:10 PM
Because of halving a lot of investing site appeared,and when somebody invest a huge amount they disappear immediately..
For newbies who wants to join in a fresh appeared  investing site,,i warn you,dont dare to join on in it ,cause its a trap.



An investment is not good or bad depending on the amount invested. I bet most of your 0.001 BTC investments are worse than this particular 100 BTC investment in terms of expected ROI and risk.

Even they are not the same or how much they are worse better to don't still invest because you are working hard in 0.001 btc and many people are working hard just to reach 0.001 in faucet or other activity. so i suggest to don't risk even its a low amount but for me its high amount..
Better to trade and risk your bitcoin to buy high potencial altcoin to make a profit in the future.
sr. member
Activity: 434
Merit: 250
June 16, 2016, 11:55:48 AM
Because of halving a lot of investing site appeared,and when somebody invest a huge amount they disappear immediately..
For newbies who wants to join in a fresh appeared  investing site,,i warn you,dont dare to join on in it ,cause its a trap.



An investment is not good or bad depending on the amount invested. I bet most of your 0.001 BTC investments are worse than this particular 100 BTC investment in terms of expected ROI and risk.
legendary
Activity: 1456
Merit: 1000
June 16, 2016, 11:47:40 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity

It all depends can't really make such a big blanket statement.  Yes it's tighter margins then a year ago but many are still able to mine profitable.  Even with having the S9 coming out will let many remain mining profitable where S7 might have not been profitable after having.

And we really don't know what value, difficulty will be after having all speculation.   So S7 hard to say who can mine it after having.  But MANY will still be able to mine with S9 it was just a huge jump in efficiency.
legendary
Activity: 1204
Merit: 1028
June 16, 2016, 11:21:41 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity
Yes, it is just high risk I think to mine bitcoins being a small miners as you will end up with nothing due to the high electric bill but if you want it as a business and can open a big mining farm then it will be more profitable.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 15, 2016, 09:15:49 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity
The S9 does, if you're willing to. At electricity costs of 0.10$/kwh, you might be able to make a slim profit. We can't predict past the halving accurately, but chances are, if you buy the S9 right now (which is impossible, they don't currently sell on Bitmain's page, wait for the next batch) you will at least make ROI. If prices continue to keep going up, then for now, S7s will continue to make Bitcoin until the halving, when they'll just be too much of a hassle to run at 0.1$kwh. Supposing you run a S9 and have it now, you'll likely be able to make around 500$. Then the halving comes, and we have no way of knowing the prices or the difficulty.

Starting next month I will be paying around $0.06 per kWh in the daytime and around $0.035 at night, so theoretically I could make a profit in the long run provided your estimation of the S9 performance is correct. Though I still think that such prices are too high to make mining a viable option...

You should have at least a tenfold margin, i.e. electricity costs below $0.01 per kWh (for example, live near a nuclear power plant, lol)
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
June 15, 2016, 06:59:25 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity
The S9 does, if you're willing to. At electricity costs of 0.10$/kwh, you might be able to make a slim profit. We can't predict past the halving accurately, but chances are, if you buy the S9 right now (which is impossible, they don't currently sell on Bitmain's page, wait for the next batch) you will at least make ROI. If prices continue to keep going up, then for now, S7s will continue to make Bitcoin until the halving, when they'll just be too much of a hassle to run at 0.1$kwh. Supposing you run a S9 and have it now, you'll likely be able to make around 500$. Then the halving comes, and we have no way of knowing the prices or the difficulty.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 15, 2016, 06:19:27 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.

Bitcoin mining doesn't make much sense right now unless you have cheap (free) electricity
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
June 15, 2016, 06:12:36 AM
Investing is gambling. Anything involving putting your money into something to get more money is gambling. Ponzis can be profitable if you are the first person to join them, but generally there's so many scams that you'd have to be pretty lucky to stumble upon a new "Legit"(for now) Ponzi that pays. Most of the time, it'll seem like just as you deposit your money into a Ponzi, they take it and run. Trading can be a gamble, but if you're smart and invest wisely or hodl coins, it should work out. There's no good way of investing with bitcoin, because I can guarantee you about 5/6ths of cloudmining operations are scams. If you gotta mine, buy the physical miner. There's a safe way for everything.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 15, 2016, 05:08:24 AM
I suggest you colud mining sites.for example hashnest is the best. But pleaee dont invest too much

Not really. Most of the cloud mining sites don't mine at all and they're just there to scam you out of your life savings. I strongly discourage anyone investing in any form of cloud mining.

They're mostly ponzis hiding under a new name, that's all.

Or they may be money laundering enterprises like Cointellect once was. The said still doesn't make it worth a try to pour your money into them, though
full member
Activity: 126
Merit: 100
June 15, 2016, 04:51:21 AM
Because of halving a lot of investing site appeared,and when somebody invest a huge amount they disappear immediately..
For newbies who wants to join in a fresh appeared  investing site,,i warn you,dont dare to join on in it ,cause its a trap.
hero member
Activity: 574
Merit: 500
June 15, 2016, 04:39:44 AM
there is no Trust in Life my Friend... Only Hope  Roll Eyes

Very true words. A very important aspect of investing is to accept your losses when necessary, invest only what you can afford to lose, and once you invest, expect the worst to happen.

It's a bit like gambling, investing with BTC.
hero member
Activity: 602
Merit: 500
June 14, 2016, 08:07:32 AM
There is always risk in investing because you can't predict if how long they will stay and not turned to scam. As of now holding bitcoin is one of the best choice to do.

I think so too. I think it's always good to hold bitcoin as long as you can for the long term instead of blatantly looking at the short term future. The long term is very bright for Bitcoin in my opinion.

But if you want, invest in P2P lending sites like loanbase.

yeah, the people looking for short term profits are always played by the whales and end up losing most of their money.
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