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Bitcoin of course. High volatility high chance of failure but also the highest possible gain. If you want to play, play big.
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I wish I had a pet but my parents never allowed me to own one.
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manis & bitcoinhopper, stop spamming. There will be a winner and the world is not going to end.
There won't be a winner. There can never be a winner of an all out nuclear war, unless you're that rich guy who owns a fallout shelter. |
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With having a service like bitcoinmixer i would if i got steady income and a buffer for 6 months.
But no I would not go into full time trading or so. Much to risky for me.
Same here. Bitcoin can be very profitable if you have a business. I'd gladly switch to it full time even if it wasn't more profitable than a typical job. |
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Bitcoin mining is really riskful. Even if you have 'free' electricity. F.e. The current S7 batch 6 cost 4 BTC. It will give you approx. 0.0323 BTC per day. http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=4000&p=1180.00&pc=0&pf=0.00&d=62253982449.76080000&r=25.00000000&er=390.06000000&hc=0.00So without difficulty factors your ROI would be 123 days. This offcourse is a Utopia. When it reach you in dec 2017, you will need a min. of 5 months to get ROI. >> This is just for your miner. Remember you have to buy a PSU too. Which will cost you an addiotional 3 weeks to get ROI. The only way to get a decent profit would be to sell it. Figure out what happens for people/companies who have to pay (cheap) electricty. Yes they get bulk discount.. but is it really profittable (I mean the big bucks). Nope. You're wrong. 1. Nobody forces you to buy the newest and the most expensive miner. There are loads of cheap stuff people are throwing out due to lack of efficiency, but let's not forget that they have to pay for electricity. 2. You just said that the only way to get a decent profit is to run it for a while and then sell it, but this is your ultimate goal: TO PROFIT. It doesn't matter that you'll have to eventually sell the miner you're doing it for the money. |
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I registered here to pick up chicks !
what about you guys ?
This has to be one of the most counterproductive choices in your life. |
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Bitcoin has become global currency in the world, it's used in many countries now, like in USA, UK, Australia, you can even buy chocolates in UK using btc..
Bitcoins have been accepted globally because of their simplicity, their ease, their security, their originality and security.
Bitcoin was designed specifically for the internet, and the result is lower fees, less fraud, and an open payment system with free competition. in the coming years will be transparency, openness, convenience, and price.
You must be joking, what simplicity? If you're a typical adult with a normal job and want to buy something, which one will be simpler and faster: paying for it with your credit/debit card with contactless function or taking out your phone, scanning the code and confirming the transfer? Even this simple task takes more effort with bitcoin, but first you have to register an exchange account, transfer currency there, buy bitcoin and send it to your portable wallet (phone). |
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Name: Snipe85
Bitcoin address: 1G4fyVQnNCC8P3wwDm2RTjYCsmoxeKyT2h
Starting posts: 559
Forum Rank at time of entry: Full Member
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If it wasn't for him I wouldn't be able to get paid for posting on a forum.  He showed people we can live without fiat, there can be electronic money. Even if Bitcoin doesn't survive the idea of an electronic independent currency will continue to be pursued. |
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I second the opinions above, localbitcoins is probably the best solution.
I agree and the money laundering laws aren't a problem if you're not unloading very large sums. |
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I dont indertand .
((
What talking ?
You tell me that mining is bad ? And isn't profitable ?
You don't 'indertand'?! Me neither! I'm sorry, but I had to  What  If you're asking if it's profitable the answer is no. There are some factors that can make it profitable though: -free or dirt cheap hardware -free or dirt cheap electricity -increase of Bitcoin value |
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That's interesting, I thought it was due to a bot called CHINA
willy bot can arguably be a chinese bot, notice how the pump of willy coincided with the chinese that entered the bitcoin market It was a Japanese bot. Jokes aside it was China. They had the biggest volume since their exchanges started pumping. Same with the big fall in early 2014 it was caused by Chinese banks refusing to provide services to exchanges. |
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As I understand it, the Fury is basically a rebranded zeus blizzard? there are a few more of these units available on amazon so I was wondering if it would be economical to buy them all and use them for the time being. each one mines about 1.3 Mhashs which seems pretty fast.
Yes, they are both the same thing. It depends on the price of the miners and your power cost. Don't forget these units came out a year ago, you have to do the math. P.S. Have you considered buying 5Mh Gridseed blades? They are more power efficient. |
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My opinion is positive. Gambling can become an addiction, but we can't protect everyone and shield them from their own cravings. It can also make you rich, not all gamblers are losers, some make fortunes.
If somebody wants to gamble away his life savings and live on the street it's his choice.
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I just wandering what will happen when all of the electricity in the world is free?
What do you guys think about that?
This is more like an off topic speculation, but if I recall electricity was free or partially free in Iraq. Partially meaning that every second or third month was free. I read about it somewhere years ago. Do you want to know what will happen to mining? |
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Ok, so the answer is "this is never gonna happen"
Let me ask the other way around: Is this possible to happen to the banking system? I mean can a virus or something "big" eliminate every bank transaction and destory the fiat money as we know it?
All these bank accounts, all these credit cards, all these wire transfers etc. Is there a "blockchain safety" for all these everyday banking related transactions?
It sounds more possible to me. Right?
No, because information is also stored offline so the virus would only wipe out new entries and we'd have a rollback. Also there are people constantly monitoring the network and any suspicious activity would make them go offline and try to isolate the virus. |
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Satoshi Nakamoto
He's a one man company. While Bitcoin is not dead yet, maybe important bitcoin companies have come and gone. Cut and paste to add your favorites to the list...
1) Mt. Gox
MtGox, really? Is this a list of casualties or a list of scammers? If we have Gox we should have Neobee and BFL. |
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This is bitcoin so then they need to change there icon every week for consistency. For now this icon is good because we are moving up. Even on the screenshot he gave to support his post Bitcoin was slowly crawling up. Talk about shooting yourself in the knee... |
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I wonder will it be more effective if a person installs solar panels on the roof or in the yard? Will it lower your electricity costs?
It will, because you'll be getting free power from the sun, duh! What you should calculate is the ROI and to do it you have to first take your power bill and write down the electricity you're using every month and its cost. Next pick the right amount of panels (with the right output) and write down the cost of installing them. Now divide the cost of panels by the sum you're paying every month to your power company and you'll know how many months you'll need for the panels to profit. |
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