It is very different to get btc mining profitable at this stage, but if you really want to mine, you can build GPU rigs for scrypt coin mining.
Topic: is it too late to get involved - page 2. (Read 4070 times)
Just buy bitcoin/litecoin directly.
It is very different to get btc mining profitable at this stage, but if you really want to mine, you can build GPU rigs for scrypt coin mining.
It is very different to get btc mining profitable at this stage, but if you really want to mine, you can build GPU rigs for scrypt coin mining.
You're probably better off investing in bitcoin directly as it has the potential to double by year's end - and certainly if you simply hold it long-term.
its never too late the crypto currency is always a risk but bitcoin is a rising stock!
the crypto currency is always a risk but bitcoin is a rising stock! buy FTC at 36 watch BTC-e announce they are pairing FTC with USD and boom double your $. Same thing happened with PPC they are sneaky. Prob even coordinated the attack on the forum yesterday to get sells to come into their 300BTC buy order.
FTC is going to sink further unless there is some serious news. The buy wall at 36 will break soon enough.
What makes you think that they are adding FTC/USD anytime soon? Having said this, it may be necessary as it is way too crowded in FTC/BTC.
Its just a hunch. They used a few dirty tactics to accuire alot of FTC . Another one was that they were delisting FTC (price dropped like 60%/BTC then later that day they recanted with an oops it was a mistake. Shorty after FTC rose 500% to like $1.20 a coin.
They have tons of FTC they will not just let it die. Watch remember this convo and see what happens shortly
lol anyone see this coming?
If you think bitcoin will become a global currency to replace or rival fiat than I would suggest to get your feet wet. We would still be in the innovation phase. I think we're still in the innovation phase, and not because I think that Bitcoin is going to take over as the global currency. Look at what's happening around you bitcoin-wise. We've seen new technology that is trying to keep pace with bitcoin, new miners, new atms, countries recognizing btc.
There's more importance to bitcoin than just getting rich (Well I guess that's a bonus for the very very early adopters). Just because BTC is still in the innovation phase does not mean that the price is going to skyrocket as it progresses into larger adoption. Logically, the price will rise as demand rises, but don't be a fool and equate people adopting the currency into dramatic price gains.
There's more importance to bitcoin than just getting rich (Well I guess that's a bonus for the very very early adopters). Just because BTC is still in the innovation phase does not mean that the price is going to skyrocket as it progresses into larger adoption. Logically, the price will rise as demand rises, but don't be a fool and equate people adopting the currency into dramatic price gains.
he died from bowel cancer miserable old sod always took the piss out of me but now i have the last laugh i was just being nice to him until he passed.
im seriously considering buying at 30gh model all i have to do is wait and leave my pc on 24/7 so i may reap the rewards in the future... however spending £500-£2000 is a bit waste if it goes tits up.
im seriously considering buying at 30gh model all i have to do is wait and leave my pc on 24/7 so i may reap the rewards in the future... however spending £500-£2000 is a bit waste if it goes tits up.
Well, you obviously value money more than love. Would you give the money back to have him back if you could?
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BTC is not an investment. It is a currency. It's only an investment if you are going to convert it back to USD currency as the USD weakens. Rarely will you hear someone say 'I'm going to invest in Euros etc...'. They'll usually say 'I'm going to hedge against X with Euros'.
How do you work that out? It's a currency that people are using as an investment. You can invest in other currencies too.
he died from bowel cancer miserable old sod always took the piss out of me but now i have the last laugh i was just being nice to him until he passed.
im seriously considering buying at 30gh model all i have to do is wait and leave my pc on 24/7 so i may reap the rewards in the future... however spending £500-£2000 is a bit waste if it goes tits up.
im seriously considering buying at 30gh model all i have to do is wait and leave my pc on 24/7 so i may reap the rewards in the future... however spending £500-£2000 is a bit waste if it goes tits up.
Invest in Bitcoin by A) Buying some bitcoin, B) If you have the funds buy a mining machine and C) Promote bitcoins use with merchants, friends and family which will increase your return of A and B.
Mining is still profitable but the margins are getting tight and it's expensive to get in. However, as BTC increases relevant to USD, you'll make your return.
If you've got Fiat money, hold a good portion of it as spending money in BTC (Find people who sell what you want in BTC. They usually offer it at a discount to USD price), invest some in actual investments like a business or a Bitcoin business and save the rest to pay bills that will only accept fiat currency.
BTC is not an investment. It is a currency. It's only an investment if you are going to convert it back to USD currency as the USD weakens. Rarely will you hear someone say 'I'm going to invest in Euros etc...'. They'll usually say 'I'm going to hedge against X with Euros'.
Mining is still profitable but the margins are getting tight and it's expensive to get in. However, as BTC increases relevant to USD, you'll make your return.
If you've got Fiat money, hold a good portion of it as spending money in BTC (Find people who sell what you want in BTC. They usually offer it at a discount to USD price), invest some in actual investments like a business or a Bitcoin business and save the rest to pay bills that will only accept fiat currency.
BTC is not an investment. It is a currency. It's only an investment if you are going to convert it back to USD currency as the USD weakens. Rarely will you hear someone say 'I'm going to invest in Euros etc...'. They'll usually say 'I'm going to hedge against X with Euros'.
with bitcoin?
i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some
i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some
No, but yes for mining. Advise you to buy BTC instead..
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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 hope you lose it all for saying that. Unbelievable.
Wow..... what a horrible thing to say...... I'd much rather be poor and never lose a member of family than rich and lose members.
Yeah, I agree with both of you, but I think he may be trolling (see username).
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 hope you lose it all for saying that. Unbelievable.
Wow..... what a horrible thing to say...... I'd much rather be poor and never lose a member of family than rich and lose members.
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 hope you lose it all for saying that. Unbelievable.
Better late than never.
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buy FTC at 36 watch BTC-e announce they are pairing FTC with USD and boom double your $. Same thing happened with PPC they are sneaky. Prob even coordinated the attack on the forum yesterday to get sells to come into their 300BTC buy order.
FTC is going to sink further unless there is some serious news. The buy wall at 36 will break soon enough.
What makes you think that they are adding FTC/USD anytime soon? Having said this, it may be necessary as it is way too crowded in FTC/BTC.
Its just a hunch. They used a few dirty tactics to accuire alot of FTC . Another one was that they were delisting FTC (price dropped like 60%/BTC then later that day they recanted with an oops it was a mistake. Shorty after FTC rose 500% to like $1.20 a coin.
They have tons of FTC they will not just let it die. Watch remember this convo and see what happens shortly
I found their behaviour on this suspicious and questionable too. FTC has been pretty stagnant but I'm sure it'll rise sometime this year.
with bitcoin?
i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some
i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some
Forget about mining it. Concentrate of creating Bitcoin related services. That is where the real wealth is waiting to be scooped up. If you don't create something, someone else will.
I agree with this. There's going to be so many gaps for services and businesses opening up with the rising popularity of Bitcoin that it's going to be a gold mine for entrepreneurs (if it isn't already).
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
Good old God killing off your relatives so you can bask in the warmth or wealth, eh?
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
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
It's not too late honestly just save up and buy when low and sell when high.
I love this advice. Buy low, sell high. Damn, I wish I'd have thought of that
I would start mining Litecoin .
Difficulty is high with that now though as well.
buy FTC at 36 watch BTC-e announce they are pairing FTC with USD and boom double your $. Same thing happened with PPC they are sneaky. Prob even coordinated the attack on the forum yesterday to get sells to come into their 300BTC buy order.
FTC is going to sink further unless there is some serious news. The buy wall at 36 will break soon enough.
What makes you think that they are adding FTC/USD anytime soon? Having said this, it may be necessary as it is way too crowded in FTC/BTC.
Its just a hunch. They used a few dirty tactics to accuire alot of FTC . Another one was that they were delisting FTC (price dropped like 60%/BTC then later that day they recanted with an oops it was a mistake. Shorty after FTC rose 500% to like $1.20 a coin.
They have tons of FTC they will not just let it die. Watch remember this convo and see what happens shortly
Yeah they did the same with TRC as well, only they left that one real late.
I do think that it will happen but I don't think that they are manipulating things before it does happen. They make enough as it is lol.
I would start mining Litecoin .
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