Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: gwoplock on October 24, 2017, 08:08:18 PM



Title: Catch me up
Post by: gwoplock on October 24, 2017, 08:08:18 PM
I've been out of the loop with bitcoin since ~2014 and I have some coins in bitpay. What do I need to know to get me up to speed?


Title: Re: Catch me up
Post by: badjacks99 on October 24, 2017, 08:27:55 PM
Well obviously and I'm sure you already know and the reason you came back to Bitcoin is that the price went for the roof in the past few months. Hopefully you're one of the lucky ones who had 20 or 30 bitcoin just sitting, going up in value.


Title: Re: Catch me up
Post by: gwoplock on October 24, 2017, 08:31:03 PM
Well obviously and I'm sure you already know and the reason you came back to Bitcoin is that the price went for the roof in the past few months. Hopefully you're one of the lucky ones who had 20 or 30 bitcoin just sitting, going up in value.

Unfortunately, I missed the boat hoping to get a miner. I've got some but I'm kicking myself for not buying coins.


Title: Re: Catch me up
Post by: Swinging Phallus on October 25, 2017, 12:33:53 AM
Hm, I'm not sure if mining is the most profitable route at the moment for BTC at the moment. Especially for starters. I would suggest you go take a look at altcoin discussions and take a look at the few PoW no Premine no ICO coins they have and join a few pools. The most honest cons with a good community may have a decent return in the long run. For instance BCO and XIOS is a good idea in my opinion. Just a few Ideas.


Title: Re: Catch me up
Post by: Xenrise on October 25, 2017, 12:43:11 AM
I've been out of the loop with bitcoin since ~2014 and I have some coins in bitpay. What do I need to know to get me up to speed?
Probably you owned many bitcoins as of this moment and I hope you preserved it. Try to invest in some altcoins this moment. Go for the longterm since you hodl bitcoin in long term.


Title: Re: Catch me up
Post by: stronghands4lyfe on October 25, 2017, 12:44:59 AM
Hm, I'm not sure if mining is the most profitable route at the moment for BTC at the moment. Especially for starters. I would suggest you go take a look at altcoin discussions and take a look at the few PoW no Premine no ICO coins they have and join a few pools. The most honest cons with a good community may have a decent return in the long run. For instance BCO and XIOS is a good idea in my opinion. Just a few Ideas.

Not most profitable route? Try impossible dude. With all the mining farms in China and Russia you would be lucky to mine bitcoin even once...I dont think is even possible unless you have vast resources and a lot of $$$ behind.

Like others I too hope you had a double digit amount of bitcoins because that would be a nice surprise to finally wake up to ! :)