Cloud mining contracts are no longer profitable! You will lose investment, except if you have a bunch of active referrals who are constantly buying cloud contracts and your are profiting from them. I know that for newbies lifetime contract sounds very attrractive but, believe me, you will earn cents per day. Even your GPU could give you more hashrate than Genesis cloud contract. Just check it on CryptoCompare: https://www.cryptocompare.com/mining/#/contractsGenesis payback period: Never! Be wise, do not waste your money! |
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Please add me:
Btctalk Name: Arvydas77
Rank: Sr. Member
Current post count: 317
BTC address: 1MDVdQPPE9xp7djzpUUyAUELuLQiekdNPc
Wearing Avatar: Yes
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Can I still join this signature campaign or it is full?
Are non native english speakers eligible to participate, or no?
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In my opinion Storj is much better project in terms of use case. But if you want only to mine and sell coins it is much better to choose Burst. Storj mining doesn't give you a lot of coins, so it is not very profitable. But with Burst you can get a lot of coins every week.
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Just from my point of view Bitcoin is not doing well and I suggest to speculate more with altcoins. Why? Because returns are much higher and you need only days, weeks or months to get 100, 200, 300 or even 1000% profits. As I said many times, Bitcoin is stuck in the moment, it is centralized, transactions are slow and fees are high because miners want their profits. Because of that I think speculation with altcoins are much more profitable. So to say about investment opportunities.
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I have been trading with an auto trader recently that is legitimately generating .5% per day. Not mining, just a software trading bitcoin vs. other alt. coins on auto pilot. Message for details.
Bots are no longer suitable for trading it will end all your profits to nothing one day. The best trade bot is your brain. I have tried a lot of bots before and I can guarantee - it is not profitable as your brain. |
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The future of bitcoin is very bright! Many people believe that it will be the future universal currency. As of now, bitcoin is becoming popular in the whole world even though there are some countries that do not accept bitcoin. There are also speculations that before this year ends, the value of bitcoin will increase up to $2000
How it could be popular if it has no instant transactions and you should pay 0.30 cents TX fee buying a cup of coffe that costs 3 dollars? It is not working for wider adoption. They must implement lightning network and segwit, otherwise there are no reason to talk about the future of Bitcoin. Without updates suitable for wider adoption it is dead. |
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first i only invest in mining and some good alt to dump them later, and only when you see a good amount of hype around it, i only invest when i see that the pump that might occur have a great chance to occur
you see pascalcoin was recently pumped and there was a very high hype around it, it was bound to happen almost no risk, the hardest part is when you go out after you enter in play, no onw know the top of the pump
I liked to play with Pascal these days. Volume is crazy and it is obvious that people are making a lot of money. I think, if Bitcoin price will stabilize, more wild dances are coming in altcoins  |
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So, generally, there to questions: 1) where to keep your Bitcoins; 2) How to convert your Bitcoins in fiat.
For keeping BTC Trezor wallet is good option in my opinion. Especially, if you have 30 BTC or more.
There are many ways to exchange BTC to fiat and it depends on how you want to do this: publicly or secretly.
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Hey guys, so first off this is my first post.
I just learned about Bitcoin a week ago. I been watching vids and reading on it day and night since.
I have 100k to invest. I was going to(and still can) buy a piece of property with my friend who has money and is also a contractor and build on it.
However I really am fascinated with bitcoin. Now I have seen tons of YouTube video's online of other bitcoin farm operations and have no clue how much they cost to set up. Basically I have no clue how much damage I can do with 100k. What they fail to also tell is how much they're making..........but I could see a few reasons why they would chose to withhold that information.
So far I have learned that power is the biggest overhead. To counter that I would buy a warehouse in Mexico where power is cheap. I have a friend that lives down there who can buy the land for me(in Mexico, the law is only citizens can purchase land). Now my knowledge in computers is pretty good but I am not an expert so I would not mind forking out 2-5k for a person who has a computer science degree and has a good understanding of bitcoin, and have him sit down with my buddy who is a contractor to draw up a design of build out.
My only question is, how profitable do you guys think a 100k operation would be with cheap power? I am obviously not doing this as a side hobby, but instead looking to make some real money. Now I am not looking to start tomorrow. If anything I would keep researching this subject for another 6 months or so before making any decisions. But as of right now, any help from this community who mines would be greatly appreciated.
The 100k investment would just be equipment. The purchase of warehouse, cost to build, any other non equipment cost is not a part of the 100k.
In my opinion it is not worth to invest in mining 100k and run a farm. The best choice is to buy Bitcoins for 100k sit and watch how the price is doing. You will get more returns than mining BTC. Just think if something goes wrong you will lose all your investment but having BTC you can just sell off everything and move on. Running a farm is very expansive business. You need invest not only in electricity but also in security. Why you want do this? |
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
It is possible from the technical analysis of the charts. You should identify bottom and accumulation phase. Then buy as much coins as you can and wait for the pump. If the price drops below, just setup the stop order and save your Bitcoins. |
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Why does it matter who is Satoshi Nakamoto? Actually, the community of cryptographers is quite small, especially if we are talking about very talented cryptographers. So, it is not difficult to find out who was the creator or creators of Bitcoin. But why it matters? We should care only about Bitcoin.
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1. Faucets are mostly waste of time, except if you have a bunch of very active referrals.
2. Trading and investing. Actually, trading could work for you if you have more than 2 BTC capital to start. But you should learn trading skills, technical analysis and market psychology to get the best results. Investing is different. You cannot get as much as from trading but merged together it could work for 0.1 BTC per week.
3. Your own online business . It depends on what are your skills and what you can offer. If you don't have any, you should learn to start earning.
4. I do not recommend gambling so much as it is addictive.
So, to sum up, my advice to earn 0.1 BTC weekly is:
1. Learn something to offer your services or goods;
2. Learn to trade and invest. You can trade not only crypto but forex, stocks and so on.
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how do you ensure your faucet site will be online for 12 months? many faucet site disappear after a few months.
I have the same question. Last time I invested into faucet advertising site and after 3 months it was closed. Probably payment option for 1 month period is better solutions? Could you show us your faucet? |
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Great news, I'm going to Rome on March, will try to make a ride and pay with Bitcoins.
The more ways to spend Bitcoin opens, the faster adoption will take place. I think that such a use cases are very good example to incentivize other merchants to accept Bitcoins.
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Finally, after Chinese inspections Bitcoin will be more decentralized. Finally, we have new fee structure in China that could be bullish for Bitcoin price.
As it was stated there are 3 resons for that: 1) the inability to short; 2) Real volume exposure; 3) less market manipulation.
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i changed the waiting time between claims to 30 minutes (from 5).
the views are ot increasing from the same IP... some1 has info about that?
well, so much for that, no one is going to play with a 30 minute wait time, it was good while it lasted....nice try guy what are you talking about? the only reason for coming to the site was because the payout was in the "ok" range. now that you force people to wait 30 minutes, it is lower than pretty much all the other faucets or about the same. and that takes away any reason to use the site That is the reality of faucet world today. There are not so much high paying faucets. This one was good from the very start, especially, if you have some active referrals. |
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yes trading is unpredictable. Sometimes the coins will probably, be down or sometime its up.You need to watch over it carefully, for you to not to be disappointed. but trading is good, if you choose, good coins
Actually trading not always unpredictable job. Sometimes the fluctuations can be guess by looking for any news contains bad or good news about the coin. When bad accident happen towards that coin usually the price will potentially down. Because the users of coin worries will loss some value. Note : don't use too many enter on your post, just use once or twice dude Actually, from my own experience, I do not think that trading news is a key to success. Very often dump comes with big news. So, you should trade buzz and not news because increase in price happens in anticipation of coming updates. Of course, this rule not always works. The best for my trading is technical analysis. It works almost 100%. |
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I live in Europe where economic situation is different in different countries. Germany and Scandinavia are doing good but other countries, especially in south, are in deep economic depression. I suspect that in 10-15 years EUR will disappear as well as European Union.
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