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I suggest to buy bitcoin, the bitcoin price is changing dramatically but let's calculate something 5,000$ % 220$(price of btc before some hours) = 22.7272 BTC. And selling this only after 9hours when the price was 230$.
22.7272BTC x 230$= 5227.2727 USD.
You see the profit now?
5227.2727 - 5000 = 227.2727 USD profit in just 9 hours.
P.S i didn't included any fee from exchanges.
Yeap, I see the profit. So it's like stocks right? Buy low - Sell high!  Do you reccomend any exchangers, with low fees and such? Many thanks, John |
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Ευχαριστώ πολύ φίλε! |
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Can I use my PC to mine other cryptocurrencies that use Scrypt or CPU and GPU mining are long gone?
I've also found the PACMiC V3 which looks like a good option!
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Υπάρχει ακόμα το πακέτο?
-Γιάννης
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So after reading the whole thread, I've become really sceptical about PACMic.
May I ask why you are still skeptical, considering this is the third incarnation of the PACMiC product ? Well first of all many users seem to disagree on the true ROI%, but it is probably around 12% plus there were some payment problems during the past weeks. (Due to the accident, maybe?) Of course, I could be totally wrong, and thats why I am asking for your opinion. Have a nice day, John |
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So after reading the whole thread, I've become really sceptical about PACMic.
Should I buy 2TH/s from them? Is it going to be any profitable?
Thanks in advance,
John
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I'll give the thread a couple of more hours, just in case someone pops in with something new! Have a nice day, John |
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Sadly it's about 18cents/kWh here so I guess miners aren't also an option. I'll think about it further more and maybe bite the bullet and get some bitcoins, and some cloud mining GH/s!  -John |
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Ok guys, so as far as I can see, cloud mining is not a real option.
I guess that leads us to these two:
1) Buy some BTC, wait for the price to rise and sell.
2) Buy some equipment for home mining as long with some cloud mining.
What kind of equipment do you recommend? I am looking into the SP20.
About the cloud mining thing, Genesis Mining seems to be legit, right?
Thanks a lot for everything,
John
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Hmm, I see. So aren't there any legit cloud mining sites? Or mining is a big no-no at the momment due to the difficulty of Bitcoin?
What about mining other crypto-currencies?
Thanks again,
John
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So you are suggesting me to buy some bitcoins, wait for their price to rise, sell them and make profit?
-EDIT: Forgot to ask, "Ponzi system" ?
-John
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Hello everybody, I made an account because I would like some opinions on Bitcoin and if I sould invest in it or in other cryptocurrencies. I can invest enough money (up to 5k) in equipment or cloud mining. Mind that my country has pretty high electricity cost thus buying my own machines is not going to be any proffitable. Should I try cloud mining and if so, which company do you sugget? Or maybe I just shouldn't invest in Bitcoin at all?  I'd really appreciate your feedback, John |
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