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Author Topic: Did you mine it or buy it?  (Read 6798 times)
jwcastle (OP)
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April 10, 2015, 01:06:13 AM
Last edit: May 05, 2015, 05:08:47 PM by jwcastle
 #1

I'd like to ask the users here about how you got started in bitcoins and how you acquire bitcoins.

So the two questions are:

1. When you started, did you MINE or did you BUY bitcons?

2. If you are a regular user of bitcoins currently, do you MINE or do you BUY bitcoins?


To start off the discussion, I can only answer question 1. I mined bitcoins when I started. Then I bought and sold bitcoins through an exchange.
I cannot answer question 2 because I'm no longer a regular user of bitcions.

EDIT: Let me clarify question #1. If you did some sort of service and got paid in bitcoin, you essentially bought it. Even if it was a faucet, you still needed to do something to get paid. That is, the bitcoins were not given to you without any conditions. Would you have done the service for free if they didn't pay you in bitcoins? For any service, doing tasks, or advertising for someone, you would normally get paid in fiat. If you wanted bitcoins instead, you would have to buy it through an exchange. So in essence, you skipped the exchange, and got bitcoins directly. In the end, you still bought it.

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Ashwell John
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April 10, 2015, 01:52:00 AM
 #2

I had the same thinking. And I was started like you first.

byt411
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April 10, 2015, 02:17:20 AM
 #3

I'd like to ask the users here about how you got started in bitcoins and how you acquire bitcoins.

So the two questions are:

1. When you started, did you MINE or did you BUY bitcons?

2. If you are a regular user of bitcoins currently, do you MINE or do you BUY bitcoins?


To start off the discussion, I can only answer question 1. I mined bitcoins when I started. Then I bought and sold bitcoins through an exchange.
I cannot answer question 2 because I'm no longer a regular user of bitcions.


I started by Mining with my CPU, earning like 0.01 in a week, so I gave up. Came back later to 0.01 per month.
Now I own a large amount of Bitcoins, and I really regret not getting into it back then in the day. I tried to set up a mining rig, but I was too late. I tried to catch up on the arms race, and I failed again. GAWMiners delivered late, and I was away from home, on a vacation for 2 months.
ThunderCatSteve
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April 10, 2015, 02:35:10 AM
 #4

Made my first bitcoin here on the forums selling Silver and gold.

Then expanded into graphics, video games, and then swooped back into bitcoins...

Wish i woulda held on to all my old bitcoins when they were worthless...

( Have over 40btc sitting on some sealclub poker site and no way of getting it back. Can't remember my login name, my old wallet address, nothing... )
randy8777
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April 10, 2015, 02:40:23 AM
 #5

i was too late for joining the mining party. i bought my first coins in 2014 after reading about it. and i'm still buying like $50 worth of bitcoin each month.
solitude
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April 10, 2015, 02:46:27 AM
 #6

kek a little of both.  I have more bitcoins than anyone on this shitty forum.

Hardly anyone speaks English on this forum.
notlist3d
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April 10, 2015, 03:11:50 AM
 #7

Both.  I think a lot of us here have mined and bought.  There is no reason to just do one.

Which do I enjoy more? Definitely mining.
Agestorzrxx
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April 10, 2015, 03:45:11 AM
 #8

When I know about bitcoin, it's already the end of 2013, the hash rate is creazy high, and Cpu or GPU miner is totally out of date, so it leave me no choice, after several month, I buy several bitcoin.
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April 10, 2015, 03:47:30 AM
 #9


I mined
http://s2.postimg.org/pf93ba7xx/158902.jpg
Rude Boy
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April 10, 2015, 03:56:40 AM
 #10

I never mine/ Buy btc.
Earned by some referralls, visiting faucets and games Wink
majeis
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April 10, 2015, 04:08:19 AM
 #11

Mined a long time ago. Now I buy and trade.


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solitude
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April 10, 2015, 04:14:55 AM
Last edit: April 10, 2015, 04:34:29 AM by solitude
 #12

Check the doomsday posters, the Bitcoin is going to zero faggots.

Those are the salty faggots who sold all their bitcoins in single or double digits

They'll soon kill themselves after bitocin skyrockets

Yellen and Kikesky will have a good tear too: Kikes like them are still trying to figure out how to control Bitcoin like the control USD


protip:  you filthy fucking kikes can't control bitcoin.  Your mothers disgusting filthy cunt runs a bitcoin node and that's all that is needed for Bitcoin to prosper.

Give it up kikes.




True Economic Freedom From Kike Influence.

Hardly anyone speaks English on this forum.
ThunderCatSteve
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April 10, 2015, 04:48:54 AM
 #13

Whoa...this thread took a turn...
H.W.Z
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April 10, 2015, 04:55:41 AM
 #14

Firstly I mined it! After the difficulty increases, I cannot make a profit from it! Now I buy and spend it.

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April 10, 2015, 05:00:43 AM
 #15

I started out mining with GPU then had to buy a few BTC to purchase a couple of BFL 50's - which basically screwed me out of many bitcoin.  During the time it took for delivery of the BFL 50's, KNC was able to design, produce and ship me a Saturn.  I actually made most of my coin with that device- I just shut it down this week.
 
bryant.coleman
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April 10, 2015, 05:04:20 AM
 #16

When I started collecting Bitcoins in 2012, I had a brief stint with mining. It took me many days to get my configuration right. Tried CPU as well as GPU mining. But I became frustrated and gave up after a few days, as my daily earnings were in the range of BTC0.0000001 - BTC0.0000002.

After a few months, I tried Litecoin mining. This was more rewarding, as I was able to mine as much as 0.1 LTC per day. But lost interest in it a few days later, and gave up mining all together.  Grin
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April 10, 2015, 05:05:53 AM
 #17

Whoa...this thread took a turn...
No, it did not. Not if you have the guy on ignore, which you should.

Anyhow, back when I joined I was excited and confused at the same time. It took me a while to figure out my plan (even months). After I've figured it all out, I bought my miners (assembled them, GPU miners). In the meantime I also joined a signature campaign. I've mined a lot before the spike in '13 and also bought some later when it crashed.

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bandana
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April 10, 2015, 05:09:46 AM
 #18

i like to buy it or earn it from any service
xhomerx10
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April 10, 2015, 05:12:43 AM
 #19

Whoa...this thread took a turn...
No, it did not. Not if you have the guy on ignore, which you should.

Anyhow, back when I joined I was excited and confused at the same time. It took me a while to figure out my plan (even months). After I've figured it all out, I bought my miners (assembled them, GPU miners). In the meantime I also joined a signature campaign. I've mined a lot before the spike in '13 and also bought some later when it crashed.

 Thanks for the tip, I forgot about the ignore function.  It's much easier to follow now.
Did you repurpose your GPU miners for altcoins?  I mined via middlecoin.com for a while with my GPUs as well which converted the mined coins into Bitcoin and deposited them to your Bitcoin address daily.  It was profitable for a little while Wink
Fabrizio89
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April 10, 2015, 05:30:43 AM
 #20

Traded it Cheesy
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