... KnCMiner is now in 4th place, ahead of Eligius and Slush. Yow! Maybe KnC was running under "Unknown" before... https://blockchain.info/pools(12:11 AM US ET, 22 June 2014) |
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... "Money Laundering" = Any money you have that the government does not know about  Nerazzura: Parla italiano? |
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... @ abacus I note that you have an ad for bitmixer.io. I have run some BTC through them some eight times, no problems so far. -- Have you used their service? -- Any problems? -- Any other services (ex. sharedcoin.com) you could comment on? I ask because I am interested in this topic. Thx! EDIT: And thank you odolvlobo! I think I better understand how this will change over time. |
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@ OP protokol
If you already are somewhat diversified, and you do not already own gold, then that is an obvious choice for me. Even mainstream money-managers say owning 5% - 10% of your wealth in gold is OK.
Platinum and (especially) palladium are less liquid (higher buy/sell spreads), but offer a little more zing to you investments. Both Pt and Pd are used by industry and are scarce. And if the world economy does do well in coming years, Pt and Pd should do even better.
But, I would stay diversified across your portfolio.
Forest land (discussed above) is OK too, but may depend more on how well the housing industry does than I would like.
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... Following up on latest times between blocks at 12:15 PM US ET, I noted at blockchain.info: 1 min 4 mins 6 mins 6 mins 11 mins 16 mins My Rough Gauge™ warning bell is going off! *** NOW I begin to wonder if blocks ARE being solved more quickly than "normal", does that mean the difficulty will be going up sooner than we expected? |
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TWO questions:
1) Do you have an hour to talk, sir?
2) May I buy you coffee?
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A guy I have bought Bitcoin from says that BTC is catching on in a big way down there in Argentina, due to their inept and dictatorial .gov.
And I read somewhere that BTC goes for a hefty premium there (30%!).
Two takeaways:
1) NEVER lend money to Argentina, never, ever.
2) BTC has its real uses, especially in moving one's own capital out.
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Thanks, mr.Who777, I am trying to keep track of mixing services, those who are good and those who are not.
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... @ digileanThank you for that report, that is the first time I have heard of a problem with bitmixer.io. As of a couple of weeks ago, I was 8 / 8 with them (all eight times went through without a problem). Unfortunately, I have read (here at bitcointalk) that sharedcoin.com's service may not be very secure, it works, but there may be flaws in its ability to hide original coins from mixed ones. Other reports are encouraged! Let us know your experiences! |
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@ JessyMatt
If $50,000 is a BIG part of your net wealth AND you were scared by the price volatility over just one weekend, then I would suggest that you not put all 50k in BTC...
Spread some of your money into other things, you will likely sleep better.
***
But, on Thursday I am going to a Meetup to learn more about BTC and do some buying myself...
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... $18 million of gold is less than half a metric tonne. Peanuts. Not a price blip at all. For now. In round numbers, current prices: ($1277 / toz Au) * (32.15 toz / kg) * 1000 kg / metric tonne) = $41,055,000 / metric tonne $18 mln / $45.1 mln = 44% of a metric tonne.*** Yes, you can buy that all at once (physical Au) if you have the money. *** More gold information here: "Gold: Basic Facts for the 99%" http://goo.gl/i3GESl |
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boumalo is offering excellent advice: diversify!
And if you do not own any gold, then buy some. The real thing, not "paper gold".
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... markj113 at a similar thread offered up his experiences with a new cloud miner. Other members who join europex.eu please keep us informed. My guess is that many of us would like an easy to use and honest cloudminer, even if the returns are somewhat low. |
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Thank you markj113, I think you have told us what we need to know.
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... Most people on the 'Net are really entertaining themselves (say, after work). OK, HERE, there may be more work going on than at other websites, but I would think many (like me) are here for education AND entertainment. I look at how many HOURS it takes to produce content and how that relates to how many HOURS people read it (consume), here I look at: -- my own blog -- mighty Zero Hedge -- and our hometown newspaper "Entertainment: Content and Consumption" http://goo.gl/YRRwHi |
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I mentioned this in another thread, that if the miners really care about GHash.IO reaching 50% +, then why don't Slush, Eligius, BTG Guild or Discus Fish make it easy and profitable for cloud-miners to join them? Easy cash for then to buy more equipment, GHash.IO then becomes less a (51%) threat.
Maybe comment (above) was correct, maybe it does not matter, that no one cares!
***
I have BTC I would like to invest in a cloud mining operation with a track record like the above four. And I would think there is plenty more BTC if even I am interested...
Make it easy and profitable, guys! Great customer service. Then you win.
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... Follow-Up to see if I understand some things, below numbers approximate...1) I just went to cex.io where I saw a 0.0074/GHs price (or approx. 135 GHs / BTC), um, correct? 2) If so, then cex.io would offer 1 THs at: (1000 Ghs / 135 Ghs) = 7.4 BTC (?) 3) minertechnologies.com offers 1 THs at $2599 ( 4.1 BTC) It seems that for $2599, MT offers a pretty good deal... *** Please inspect my math above and correct any errors! Thanks!And yet, almost all comments I have received here suggest that cloudmining is a bad deal for us vs. just buying BTC for cash... All comments deeply appreciated! *** EDIT: Blazedout419, yes, please do let us know how this mining service works out for you! |
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markj113
Those numbers mean what? That you won those BTC via your mining contract with MinerTechnologies.Com?
Which contract did you choose?
Thank you, honest questions.
***
MANY of us would like to cloudmine if the price/payout ratio is reasonable! Else, we will just buy our BTC...
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