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Topic: is it too late to get involved (Read 4070 times)

legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 15, 2014, 01:22:57 PM
#69
If I was new to the game right now...I think I would sit on the sidelines for maybe able a week and see what happens with prices.   If there are any flash crashes, then I would try and buy a little, just to get my feet wet.   When it is your first purchase, it is really tough to pull the trigger when prices are declining dramatically, but it is what you have to try to do...
member
Activity: 67
Merit: 10
February 15, 2014, 12:40:47 PM
#68
Most likely too late if you're wanting to mine BTC directly, but now's a great time to take advantage of the low coin prices
newbie
Activity: 26
Merit: 0
February 15, 2014, 10:50:10 AM
#67
I wouldn't say it's too late. But, like everyone else said, it's always a gamble. I wouldn't buy mining hardware though. cex.io is a good place to start, if you want some tasty realtime trade or cloud mining. Just be careful!
full member
Activity: 196
Merit: 101
February 15, 2014, 08:41:29 AM
#66
it's never too late to get involved with bitcoin besides it's one the best times to get involved right now..

bitcoin has took a dump, now you have a low price to invest and wait4profit Wink
hero member
Activity: 868
Merit: 1000
February 15, 2014, 04:11:02 AM
#65
I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley

If it isn't, then who mines the rest coins?
I've understood there is still some.


Some don't understand the affect of difficulty on profitabilty.
Some mine for fun and to support the bitcoin network.

Some just want to earn money, some want the BitCoin Currency to be accepted as a currency.

this bitcoin crash means that some dont want to accept as a curency. ?
or they'r against virtual moneys?  or just against bitcoin, it has some bad features, wastes electricty.



The bitcoin price "crashed" because of the dying mtgox, and people panic-sold their bitcoin with no idea what "transaction malleability" really is. Smiley
newbie
Activity: 57
Merit: 0
February 14, 2014, 04:22:12 PM
#64
I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley

If it isn't, then who mines the rest coins?
I've understood there is still some.


Some don't understand the affect of difficulty on profitabilty.
Some mine for fun and to support the bitcoin network.

Some just want to earn money, some want the BitCoin Currency to be accepted as a currency.

this bitcoin crash means that some dont want to accept as a curency. ?
or they'r against virtual moneys?  or just against bitcoin, it has some bad features, wastes electricty.

member
Activity: 84
Merit: 10
February 07, 2014, 02:37:35 PM
#63
wel i hath 60k to spend from my grandad dying recently the house was sold and now i dont no wot to do with it fortunately he died sooner rather than later ive never had that much moni before in me life its a god sends


i like the idea of mining it gives me the nostalgia of caveman minging gold fore his wife in the dark ages i do support miniing becos it authtenicates all the transactions... and i am a part of a pool i would never mine on my own thats impossible

wot should i do with me moni then buy bitcoin or get decent hardware say 60gh/s and wait it out until the coin rises in value?

there r so many options i am confused wot to do

Well, I'm assuming you're trolling, as nobody could possibly exhibit that level of illiteracy without trying extremely hard. Also, the apparent attitude on life is so far the wrong side of wrong that it couldn't be anything but moderate to severe mental retardation.

So we'll just file you under C for Cretin and move on Wink

Rit.
hero member
Activity: 715
Merit: 500
February 07, 2014, 02:19:17 PM
#62
It is absolutely not too late to get involved in the most revolutionary innovation our generation has seen. Bitcoin is so much more than a currency.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 07, 2014, 02:12:10 PM
#61
It is never too late to get involved Smiley.   It is too late to get rich off of a small investment (most likely), but using it as a currency and hopefully gaining some appreciation in the meantime is still obviously feasible...
hero member
Activity: 798
Merit: 1000
February 07, 2014, 12:49:53 PM
#60
I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley

If it isn't, then who mines the rest coins?
I've understood there is still some.


Some don't understand the affect of difficulty on profitabilty.
Some mine for fun and to support the bitcoin network.

Some just want to earn money, some want the BitCoin Currency to be accepted as a currency.
hero member
Activity: 868
Merit: 1000
February 07, 2014, 03:35:16 AM
#59
I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley

If it isn't, then who mines the rest coins?
I've understood there is still some.


Some don't understand the affect of difficulty on profitabilty.
Some mine for fun and to support the bitcoin network.
newbie
Activity: 57
Merit: 0
February 06, 2014, 06:51:56 PM
#58
I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley

If it isn't, then who mines the rest coins?
I've understood there is still some.
newbie
Activity: 42
Merit: 0
February 06, 2014, 02:04:49 PM
#57
Everyone should own at least 1 bitcoin. There are only 12 million in existence and there are 7 billion people in the world. If you have 1 bitcoin you would be in the top 0.1 percent of bitcoin wealthy people in the world. All it costs it 800 dollars now. If you really believe bitcoin has any future potential, act immediately.

this is how you need to look at things because bitcoin will be a worldwide used currency. I believe the the coins will always rise in value over the years so everyone should invest now. think about if you would have invested 1000$ 2 years ago... you would have made a nice chunk of money. bitcoin is still small enough for people to get in cheap.
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
February 06, 2014, 01:35:26 PM
#56
It is still not late. Invest in alt coins.
full member
Activity: 196
Merit: 101
February 06, 2014, 12:58:55 PM
#55
it's never too late, bitcoin will keep growing forever Cheesy
full member
Activity: 154
Merit: 100
February 06, 2014, 08:43:10 AM
#54
everyday you can buy some new altcoins
so it's never too late to get involved

Whats the point of buying most of the new alt coins??
Most will amount to nothing and are normal over inflated at the start because of hype, better to mine the new alt coins and sell wen they get a market.

42 is a great example of a massively over hyped coin that dived after markets opened.

Most of these 'hyped' coins are just fraudulently traded to inflate their price and sucker newbies in.

Yes, just stick to Bitcoin.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
February 06, 2014, 08:22:20 AM
#53
everyday you can buy some new altcoins
so it's never too late to get involved

Whats the point of buying most of the new alt coins??
Most will amount to nothing and are normal over inflated at the start because of hype, better to mine the new alt coins and sell wen they get a market.

42 is a great example of a massively over hyped coin that dived after markets opened.

Most of these 'hyped' coins are just fraudulently traded to inflate their price and sucker newbies in.
legendary
Activity: 2124
Merit: 1013
K-ing®
February 06, 2014, 07:05:55 AM
#52
if you dont have min 20Ghash power it is bettter to mine some new cryptocurrencies....and then sell for BTC
full member
Activity: 168
Merit: 100
February 06, 2014, 06:27:49 AM
#51
everyday you can buy some new altcoins
so it's never too late to get involved

Whats the point of buying most of the new alt coins??
Most will amount to nothing and are normal over inflated at the start because of hype, better to mine the new alt coins and sell wen they get a market.

42 is a great example of a massively over hyped coin that dived after markets opened.
member
Activity: 70
Merit: 10
February 01, 2014, 11:46:09 AM
#50
everyday you can buy some new altcoins
so it's never too late to get involved
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