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Author Topic: TO NEW MINERS: trust your feelings...  (Read 8515 times)
tanerlorn
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June 12, 2011, 11:57:07 PM
 #61

3 5850s with open case; external fan cooling them all under 60C
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Capitan
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June 13, 2011, 02:41:09 AM
 #62

I just spent the last of my USD networth on building a rig, 50/50 split with my dad, after I explained him the concept. I have all of my funds currently in bitcoin, and none in US Bank Notes. I sleep a LOTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT T better at night.

I hope you're joking. Nothing wrong with investing but putting all your eggs into one basket is never a good idea. I guess you might you live with your parents; it wouldn't matter much though then.
finnthecelt
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June 13, 2011, 03:17:47 AM
 #63

I just spent the last of my USD networth on building a rig, 50/50 split with my dad, after I explained him the concept. I have all of my funds currently in bitcoin, and none in US Bank Notes. I sleep a LOTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT T better at night.

I hope you're joking. Nothing wrong with investing but putting all your eggs into one basket is never a good idea. I guess you might you live with your parents; it wouldn't matter much though then.

He bought 3 5850's with his loot. What do you think he was going to do with that? Earn 8% toward his retirement? I think he's done a good thing in taking the capital and trying to enlarge it. If he loses out, he's young. A long life of work awaits him.
bcpokey
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June 13, 2011, 03:25:13 AM
 #64

None of those things were done based on intuition. All required rational thoughts and motives.

All of those carried major, unpredictable risks though (and spaceflights suffered massive losses in the first 40 years of operating including deaths).

In the end everything in the real world is a leap of faith. Pure mathematics and theory only works in simulations.

I'm not saying to 'trust your guts' and abandon due diligence.
I'm saying everything in the world is volatile, unstable, and ultimately unpredictable in the long term.

LOL, yeah flying into space was really a rational motive. What exactly did we gain from going to the moon again? Some cool rocks? Aside from showing the world we were better than those evil ass communists and their little satellite, there was really very little point to our space program. I'm not saying there is no point to space travel, but let's be real, that crap happened cuz we didn't like Karl Marx. (Hating someone is not rational).
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