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1  Other / Beginners & Help / Best way to turn your bitcoins into $$$ on: June 14, 2011, 10:52:24 AM
What do you think?
2  Bitcoin / Mining / Mining still worth it? on: June 14, 2011, 10:29:01 AM
What's your best guess for the next 1-6 months?

Is their still room for new miners to start now and still be profitable? (individual miners and people who have money to spent on a couple dozen rigs).

Now that we've seen this "bubble" stable out, do you still think value will graduate to $50USD or better and still be a player Vs the difficulty?
3  Other / Beginners & Help / What's your favorite thing about Bitcoin? on: June 13, 2011, 07:06:26 AM
I I enjoy not only the decentralization but the alternative to an inherent corrupt dollar and other fiat currencies but the community reminds me a lot of the linux community. And Bitcoin is a lot like linux in it's nature being that it requires a community for it's health.

Thought?
4  Other / Beginners & Help / Too late to start mining? on: June 13, 2011, 05:35:27 AM
What do you think? Too late or do you think the value will increase along side the difficulty as it has been doing for the most part?
5  Other / Beginners & Help / Should I buy a bunch of rigs? on: June 12, 2011, 12:53:05 PM
Sup peeps. Think I should just go out and buy parts to build like 30 rigs and set em up with custom cooling in a warehouse? I got the capital. Watcha think?

This guy seems to like the idea: http://www.youtube.com/watch?v=eLt8Se3vVNg&feature=related
6  Other / Beginners & Help / Need short-term and long-term advice... on: June 12, 2011, 07:30:36 AM
Ok so here is the deal.

A friend and I are about to put a few mining rigs together with money borrowed from a another friend (investor) of mine. So obviously we are paying him back in due time. I'm starting to get a good feel of the market place and it's sort of a big deal because I can get a lot of capital from my friend. Even 100,000 USD if I want, to play with. So, given the extensive available capital, what would you recommend on the mining side and short/long term investment side in general?

In the long run, I do plan on dumping a portion of gains into physical silver given the path of the dollar and maybe even some gold but I'm sticking to mostly silver. That aside, just some recommendations to get the best ROI in the short term as well as long term in general.

We're both techies and will be working on some development of some e-commerce project while working the bitcoin market.

I'm a laid off business adviser and am getting ready to take college courses so for now, I have nothing but time and an investor who is willing to throw in capital so long as I can give him a decent return to start.

Thanks for your suggestions. Smiley
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