Topic: Why are people losing faith? - page 2. (Read 3483 times)
I definitely lost a lot of faith in the mining area, but after being referred to this forum I think I might have renewed faith, at least to a point.
I am not losing faith too. I think now is the best time for mining. Difficulty is pretty low.
Well click yourself through... I mean, most of them aren't actually offline, but just haven't been worked on since they have been created or weren't worked on recently. It's like those bitcoin comics, bitcoin weekly, and so on which were all great projects but have just been left dead.
And if nothing changes this going to look like a post .com bubble geocities graveyard. Or actually not once the domain runs out, some of it will be gone, we will know after a few month after the first ones start expiring.
As for your bounty: Good idea, but I wouldn't know where to start... I'd rather support remaining, services which _have_ been active the whole time.
And if nothing changes this going to look like a post .com bubble geocities graveyard. Or actually not once the domain runs out, some of it will be gone, we will know after a few month after the first ones start expiring.
As for your bounty: Good idea, but I wouldn't know where to start... I'd rather support remaining, services which _have_ been active the whole time.
Bitcoin will continue to decrease in value to real world money until people actually start using it for something.
Huh?
https://en.bitcoin.it/wiki/Trade
On an interesting Note: Lots of depreciated links, about half of them are either offline or weren't updated/worked on for over a month. This really shows that the wrong people were attracted to it during the hyperbolic rise and we are indeed at a bubble collapse instead of a correction.
And this comment is actually pretty insightful: We need an autonomous economy not some payment processing or greater fool pump & dump.
Which ones? I just clicked on all of the links of "Getting started" and "Local/In-Hand Exchanges" and they worked. If
(EDIT: See response below)
I am not losing faith. In fact, I am trying to buy as many cards I see on eBay from quitters!
Bitcoin will continue to decrease in value to real world money until people actually start using it for something.
Huh?
https://en.bitcoin.it/wiki/Trade
On an interesting Note: Lots of depreciated links, about half of them are either offline or weren't updated/worked on for over a month. This really shows that the wrong people were attracted to it during the hyperbolic rise and we are indeed at a bubble collapse instead of a correction.
And this comment is actually pretty insightful: We need an autonomous economy not some payment processing or greater fool pump & dump.
Bitcoin will continue to decrease in value to real world money until people actually start using it for something.
Huh?
https://en.bitcoin.it/wiki/Trade
Bitcoin will continue to decrease in value to real world money until people actually start using it for something.
> Why are people losing faith?
I don't think they are.
I don't think they are.
Very low risk investment if you get good deals on parts.
They make great gaming systems should you decide to sell them.
Remember people, if you invest $20k for example, you still have the hardware to show for it.
I've been mining since May, generated over $10k. I can easily break even on the money I invested in all the hardware if I were to sell it. - Low risk if you ask me.
P.S. Why the hate and assumptions of me BS'ing?
They make great gaming systems should you decide to sell them.
Remember people, if you invest $20k for example, you still have the hardware to show for it.
I've been mining since May, generated over $10k. I can easily break even on the money I invested in all the hardware if I were to sell it. - Low risk if you ask me.
P.S. Why the hate and assumptions of me BS'ing?
Bitcoin is still seen as a high risk investment, with the rampant crisis in the world less people want to invest in it...
Please explain why it is an investment?
Probably because the majority of the people who own Bitcoins have them because of the greater fool theory.
Bitcoin is still seen as a high risk investment, with the rampant crisis in the world less people want to invest in it...
Please explain why it is an investment?
Long story, but I'm 30 years old and have
FTFY.
If you don't believe, see my other threads I started. The one with pics of the 7 rigs drawing 7 KW in my garage.
I've tried LTC, don't like it.
I prefer merged mining BTC's + NMC's and with my CPU's ($140 I pay for X6 1100T's / $240 for 2600k's) I mine SC's.
I know the owner of a large distributor in town. I pay under cost. Long story, but I'm 30 years old and have no reason to BS on the internet.
I've tried LTC, don't like it.
I prefer merged mining BTC's + NMC's and with my CPU's ($140 I pay for X6 1100T's / $240 for 2600k's) I mine SC's.
I know the owner of a large distributor in town. I pay under cost. Long story, but I'm 30 years old and have no reason to BS on the internet.
You are most likely a sockpuppet troll, but in case the one in a million chance hits me: Try mining LTC for a change. SC srsly 
Like seriously, I can sell my USED 6970's for about the same as what I paid.
17.8 GH/s is how I roll.
17.8 GH/s is how I roll.
Why not? I pay $275 for brand new 6970's,,, $190 for 6950's,,,, they earn me more than they depreciate.
I can very easily sell off my systems as gaming rigs, and part out the rest on ebay.
How is that retarded? Liquid assets FTW
I can very easily sell off my systems as gaming rigs, and part out the rest on ebay.
How is that retarded? Liquid assets FTW
$30-$40k worth of hardware ...
mining SC's
mining SC's
I haven't realized someone could be that retarded.
I mean come on, people crunch SETI and fold @ home for FREE! Might as well do something similar and get PAID!
Too many people have invested too much time to give it up. Think of all the services and websites out there that use BTC's.
I myself have $30-$40k worth of hardware for mining BTC's, NMC's and SC's simultaneously. I'm averaging about $40 a day, and my monthly electric bill for the whole house averages $250 a month.
For me it's like a walk-in-the-park part time job that I enjoy, plus it's quite profitable.
BTC's will be around for many years to come IMO.
I myself have $30-$40k worth of hardware for mining BTC's, NMC's and SC's simultaneously. I'm averaging about $40 a day, and my monthly electric bill for the whole house averages $250 a month.
For me it's like a walk-in-the-park part time job that I enjoy, plus it's quite profitable.
BTC's will be around for many years to come IMO.
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