|
Title: is it too late to get involved Post by: ipoomyself on January 21, 2014, 05:23:02 PM 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 Title: Re: is it too late to get involved Post by: jonanon on January 21, 2014, 05:29:46 PM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :)
Title: Re: is it too late to get involved Post by: CaptainBeck on January 21, 2014, 05:32:31 PM Yup its to late to get into any crypto coin.
If you still want to get into crypto even with it all dying and being dead end, go with scrypt hardware, you'll get better chances for mining for your money. Title: Re: is it too late to get involved Post by: MakeBelieve on January 21, 2014, 05:46:24 PM It's not too late honestly just save up and buy when low and sell when high.
Title: Re: is it too late to get involved Post by: steamon on January 21, 2014, 05:58:53 PM Buy the bitcoins and hold them a few years thats the only usefull tip I can give. I still have 800gh mining power arriving in feb. Even that won't bring a gold mine so anyone that wants to get into the mining game now don't. Unless its a new technology and you get it quick. But there is not atm.
Title: Re: is it too late to get involved Post by: franky1 on January 21, 2014, 05:59:48 PM 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 the gold market still lives on, hundreds of years after people gave up walking with pickaxes to get their gold. what the done instead was to work in retail or other jobs to receive gold as payment. same with bitcoin. find a job that pays in bitcoin or get current employer to pay you in bitcoin or simply buy bitcoin, much like you would buy gold at a pawn shop or goldsmith for investment. why oh why do people think mining is the only way to get bitcoin... oh wait, the official bitcoin video is out of date again Title: Re: is it too late to get involved Post by: hilariousandco on January 21, 2014, 06:05:33 PM Yup its to late to get into any crypto coin. If you still want to get into crypto even with it all dying and being dead end, go with scrypt hardware, you'll get better chances for mining for your money. How is it too late to get into cryptos? Especially with new ones popping up daily. Title: Re: is it too late to get involved Post by: CaptainBeck on January 21, 2014, 06:14:53 PM Its not at all, hence why we are all here talking on this forum, and why the guy came here in the first place.
He just wants someone to tell him its ok to invest his money. Title: Re: is it too late to get involved Post by: Protrader on January 21, 2014, 06:21:40 PM It's not too late honestly just save up and buy when low and sell when high. Agreed you can still invest and make some profit from it.. Title: Re: is it too late to get involved Post by: MakeBelieve on January 21, 2014, 06:43:52 PM Just remember when investing in Bitcoin it is a investment and doesn't guarentee you will get any thing back.
Title: Re: is it too late to get involved Post by: jongameson on January 21, 2014, 07:11:38 PM just remember, you can always sell ur miner if u get bored. and chances are it will be worth more than what you paid for it, due to irrational exuberance
Title: Re: is it too late to get involved Post by: byt411 on January 21, 2014, 09:23:58 PM It isn't too late if all you want is to earn money. You can simply sell your hardware. I'm sure people want it. If you want to support the BitCoin Network, mine. If you want to earn money, buy low sell high.
Title: Re: is it too late to get involved Post by: keithers on January 21, 2014, 10:18:33 PM If you believe in the long term growth and potential of BTC, then it definitely is not too late to get involved. You may be a little too late to the game to start mining (i don't know anything about mining) so I could be wrong about that.
There is definitely still a long ways to go for bitcoin to reach its full potential. I truly think that people will look back on today, and say "Man I wish I would have bought every coin that i could afford at $825" Title: Re: is it too late to get involved Post by: Frost000 on January 21, 2014, 11:10:49 PM 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 In all honesty, I'd probably use those to mine alt coins if at all possible. And if not, I'd sell them while it's still possible to do so. Though people give it a bad rep, cloud mining at least enables you to resell your GH/s on the market before it's deemed too useless. It's easier to do than to sell outdated hardware mining equipment, in my opinion. Title: Re: is it too late to get involved Post by: LiteCoinGuy on January 21, 2014, 11:26:16 PM buying btc would be more clever than mining them at this stage.
you can mine Litecoin instead. Title: Re: is it too late to get involved Post by: MakeBelieve on January 21, 2014, 11:30:32 PM buying btc would be more clever than mining them at this stage. you can mine Litecoin instead. Well yea the amount of money it would cost to make a profit from Bitcoin is a lot I would too sugest purchasing Bitcoin from exchanges. Title: Re: is it too late to get involved Post by: BTCisthefuture on January 22, 2014, 12:56:28 AM only YOU can answer the question if it's too late or if you can make money. no one else knows your financial situation and how much you can invest or exactly how you will go about investing it.
you could get some better answers if you provided some more details though. Title: Re: is it too late to get involved Post by: Siegfried on January 22, 2014, 01:02:23 AM 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.
Title: Re: is it too late to get involved Post by: Cryptopher on January 22, 2014, 01:05:00 AM Don't bother mining Bitcoin, either mine alts or just invest in coins directly. Bitcoin mining ship is long sailed.
Title: Re: is it too late to get involved Post by: Stevenrm87 on January 22, 2014, 01:06:56 AM 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.
Title: Re: is it too late to get involved Post by: Cryptopher on January 22, 2014, 01:10:46 AM 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. Title: Re: is it too late to get involved Post by: Stevenrm87 on January 22, 2014, 01:15:37 AM 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 Title: Re: is it too late to get involved Post by: MakeBelieve on January 22, 2014, 01:30:01 AM Guys it's not to late just invest a small amount to begin with if you don't believe us that it isn't to late.
Title: Re: is it too late to get involved Post by: sobe-it on January 22, 2014, 02:46:05 AM its never too late until its over, but that may or may not happen. back when i first herd of it i thought what and how. i mined for a little and felt it wasnt worth my time/effort because the pc would have to stay on over night and i played games after work (cant mine and play games at the same time). long story short i didnt understand it at the time and i donated my coins and felt like it wouldnt do much, after i heard they were still around mid 2013 i was like damn thats cool. i mine alts and convert to to btc and after a while i only have .25 and im trying to work my way to to a decent miner (a guy wants .5 for a chili 36gh/s iirc) so i can support the network/idea/and community.
Title: Re: is it too late to get involved Post by: Melbustus on January 22, 2014, 03:19:22 AM Is it too late to get involved with bitcoin?
In 1994, was it too late to start a web-business? Title: Re: is it too late to get involved Post by: johnyj on January 22, 2014, 04:02:10 AM Buying coin using your risk capital, especially during a crash is so far the best the method to make quick money in 1-2 years
However, if you invest in mining operation, you will support the infrastructure of this distributed monetary system, strengthen the bitcoin network, especially if you run p2pool Title: Re: is it too late to get involved Post by: Buffer Overflow on January 22, 2014, 09:35:57 AM 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 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. Title: Re: is it too late to get involved Post by: Kazimir on January 22, 2014, 09:43:48 AM Is it too late to get involved with bitcoin? This.In 1994, was it too late to start a web-business? We're still barely at the dawn of the Bitcoin revolution. You are a VERY early adopter if you get in now. And with "get in" I don't mean mining. I mean to simply just buy bitcoins and create innovative services or products based on or around Bitcoin. There's SHIT LOADS of opportunities waiting. Get in now, or in 5 years regret that you didn't while others (smarter people) did. Title: Re: is it too late to get involved Post by: Trance on January 22, 2014, 09:45:26 AM The year 2140 will be when its SORTA too late =P! Title: Re: is it too late to get involved Post by: El Dude on January 22, 2014, 10:06:46 AM I would start mining Litecoin .
Title: Re: is it too late to get involved Post by: Cryptopher on January 22, 2014, 10:20:13 AM 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. Title: Re: is it too late to get involved Post by: Buffer Overflow on January 22, 2014, 10:53:23 AM I would start mining Litecoin . Difficulty is high with that now though as well. Title: Re: is it too late to get involved Post by: Sutters Mill on January 22, 2014, 10:55:23 AM 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 ;) Title: Re: is it too late to get involved Post by: ipoomyself on January 22, 2014, 01:13:18 PM 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 Title: Re: is it too late to get involved Post by: hilariousandco on January 22, 2014, 01:46:06 PM 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 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? Title: Re: is it too late to get involved Post by: d14846 on January 22, 2014, 01:49:56 PM Better late than never.
Title: Re: is it too late to get involved Post by: Buffer Overflow on January 22, 2014, 01:51:48 PM 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. Title: Re: is it too late to get involved Post by: CaptainBeck on January 22, 2014, 01:55:23 PM 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. Title: Re: is it too late to get involved Post by: hilariousandco on January 22, 2014, 01:57:55 PM 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). Title: Re: is it too late to get involved Post by: FlyForFun on January 22, 2014, 01:59:07 PM 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 No, but yes for mining. Advise you to buy BTC instead.. Title: Re: is it too late to get involved Post by: topshot on January 22, 2014, 02:24:47 PM 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'. Title: Re: is it too late to get involved Post by: ipoomyself on January 22, 2014, 02:30:40 PM 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. Title: Re: is it too late to get involved Post by: hilariousandco on January 22, 2014, 03:32:14 PM 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. Title: Re: is it too late to get involved Post by: byt411 on January 22, 2014, 05:08:46 PM 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. Well, you obviously value money more than love. Would you give the money back to have him back if you could? Title: Re: is it too late to get involved Post by: oprahwindfury on January 22, 2014, 05:49:40 PM 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. Title: Re: is it too late to get involved Post by: Stevenrm87 on January 25, 2014, 10:18:56 PM 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? Title: Re: is it too late to get involved Post by: Matttm on January 26, 2014, 12:05:59 AM its never too late :) the crypto currency is always a risk but bitcoin is a rising stock!
Title: Re: is it too late to get involved Post by: chocomav on February 01, 2014, 03:51:30 PM 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.
Title: Re: is it too late to get involved Post by: Sonny on February 01, 2014, 04:15:17 PM 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. Title: Re: is it too late to get involved Post by: oxfardk on February 01, 2014, 04:46:09 PM everyday you can buy some new altcoins
so it's never too late to get involved Title: Re: is it too late to get involved Post by: CaptainBeck on February 06, 2014, 11:27:49 AM 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. Title: Re: is it too late to get involved Post by: mladen00 on February 06, 2014, 12:05:55 PM if you dont have min 20Ghash power it is bettter to mine some new cryptocurrencies....and then sell for BTC
Title: Re: is it too late to get involved Post by: hilariousandco on February 06, 2014, 01:22:20 PM 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. Title: Re: is it too late to get involved Post by: uptweets on February 06, 2014, 01:43:10 PM 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. Title: Re: is it too late to get involved Post by: Kiki112 on February 06, 2014, 05:58:55 PM it's never too late, bitcoin will keep growing forever :D
Title: Re: is it too late to get involved Post by: crazy-pilot on February 06, 2014, 06:35:26 PM It is still not late. Invest in alt coins.
Title: Re: is it too late to get involved Post by: DrHerbSmoker on February 06, 2014, 07:04:49 PM 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. Title: Re: is it too late to get involved Post by: abofj on February 06, 2014, 11:51:56 PM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :) If it isn't, then who mines the rest coins? I've understood there is still some. Title: Re: is it too late to get involved Post by: Sonny on February 07, 2014, 08:35:16 AM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :) 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. Title: Re: is it too late to get involved Post by: byt411 on February 07, 2014, 05:49:53 PM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :) 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. Title: Re: is it too late to get involved Post by: keithers on February 07, 2014, 07:12:10 PM It is never too late to get involved :). 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...
Title: Re: is it too late to get involved Post by: Bitcopia on February 07, 2014, 07:19:17 PM 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.
Title: Re: is it too late to get involved Post by: Ritual on February 07, 2014, 07:37:35 PM 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 ;) Rit. Title: Re: is it too late to get involved Post by: abofj on February 14, 2014, 09:22:12 PM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :) 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. Title: Re: is it too late to get involved Post by: Sonny on February 15, 2014, 09:11:02 AM I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment :) 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. :) Title: Re: is it too late to get involved Post by: Kiki112 on February 15, 2014, 01:41:29 PM 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 ;) Title: Re: is it too late to get involved Post by: julestheminer on February 15, 2014, 03:50:10 PM 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!
Title: Re: is it too late to get involved Post by: bluemist on February 15, 2014, 05:40:47 PM 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
Title: Re: is it too late to get involved Post by: keithers on February 15, 2014, 06:22:57 PM 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...
|