Professor James Moriarty (OP)
aka TheTortoise
Sr. Member
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April 20, 2013, 08:44:41 PM |
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People who were here for earlier prices of buying 1000 bitcoins for 10 bucks got lucky , thats well and fine.
How about us? I have 35 mhash/s and lets say I dont want to buy. From the obvious choice of minning (which makes me about nothing , barely over the transaction fee) I can go for 'free bitcoin' websites or faucets and I can offer services . Thats about all I can think of. If I am missing anything please fill in.
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naphto
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April 20, 2013, 08:47:02 PM |
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'free bitcoin' websites will give you nothing. Not even transaction fees in you spend several days ...
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btpowers
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April 20, 2013, 08:52:59 PM |
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Agreed. Free Bitcoin sites won't get you anywhere. Either you mine or buy and sell. Those are the two options I see. The big problem is there's cost involved with mining, between power requirements for GPU rigs or specialized hardware. Best bet is to buy low and sell high. While this isn't good for Bitcoin in my eyes, it's the easiest way to make money with the currency. Just don't play with more than you can afford to lose. If that's one bitcoin, it's one bitcoin. Keep your head on straight.
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Gazylion
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April 20, 2013, 08:56:32 PM |
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Invest in mining altcoins like LTC TRC PPC, its more risky, but also can be more profitable than mining BTC.
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nebulus
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April 20, 2013, 08:59:43 PM |
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Sell goods for Bitcoin there is no better time than to start establishing your business now.
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Sword Smith
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April 20, 2013, 09:03:07 PM |
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Get a job or an extra job and only spend half of what you earn and buy bitcoins for the rest. That was how I started.
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mccminer
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April 20, 2013, 09:08:04 PM |
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Sell goods for Bitcoin there is no better time than to start establishing your business now.
+1 on selling things! This is an option that I don't see discussed much by other newbies.
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scribe
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April 20, 2013, 09:13:43 PM |
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Sell goods for Bitcoin there is no better time than to start establishing your business now.
+1 on selling things! This is an option that I don't see discussed much by other newbies. Yeah. People are so tied up in making short-term profit that they forget what economies are actually for.
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master.yoda
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April 20, 2013, 09:21:01 PM |
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Agreed, sell something/anything for strictly bitcoin or plan b buy into the market with our own hard earned money. If you've got the know how, trade bitcoin as a day trader or write your own trading bot todo it for you.
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katie1348
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April 20, 2013, 09:27:56 PM |
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I work in an established business (printers) and we take Bitcoins for work done. We get a rate on the day, add our percentage and then offer it as a payment method. People are free then to pay in the traditional way or with Bitcoin. It is an additional option, which people are free to use, or not as they see fit. So working, and doing real business, and using BTC as an alternative method of payment is a viable option. But be aware, you need to protect yourself against currency fluctuations as you will most likely be still buying your inputs in traditional money. Like with anything, be smart and make sure your customer is not trying to take advantage, just like you would with credit cards or PayPal, bank transfers, counterfeit cash etc. Good luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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medUSA
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April 25, 2013, 08:21:05 AM |
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I mine and visit free sites, total about 0.01btc per day. It is worth nothing now, but it may be worth something if a few years time when btc is $500. I am not spending hard earned cash on btc yet (even though btc daytrade has relatively less risk and makes good money)
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KALRONG
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April 25, 2013, 09:19:38 AM |
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Several Ideas that im already working on: -Selling in bitmit soft-codes that I dont use (steam invitations, ingress invitations, etc, etc) -Provide services like for example: I will sent you an apache configuration file that will work for your multisite server. -Develop something if you have tons of free time: Im working in a frontend for pushpool with multi-language support. -Help people! Don't ask for money just accept whatever the people wants to give you for your help ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) For almost everything in there I uses bitmit, you can go and see a lot of different options that will give you ideas ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ooeygooeygold
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April 25, 2013, 09:23:55 AM |
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People who were here for earlier prices of buying 1000 bitcoins for 10 bucks got lucky , thats well and fine.
How about us? I have 35 mhash/s and lets say I dont want to buy. From the obvious choice of minning (which makes me about nothing , barely over the transaction fee) I can go for 'free bitcoin' websites or faucets and I can offer services . Thats about all I can think of. If I am missing anything please fill in.
invest in XPRs mining is only getting harder and harder
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DannyHamilton
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April 25, 2013, 02:14:48 PM |
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People who were here for earlier prices of buying 1000 bitcoins for 10 bucks got lucky , thats well and fine. - snip -
And in a few years, it is quite likely that people will be saying, "People who were here for earlier prices of buying 1000 millibitcoins for less than 200 bucks got lucky , thats well and fine." Of course you'll be one of those who didn't take advantage of that opportunity.
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Rampion
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April 25, 2013, 02:17:05 PM |
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People who were here for earlier prices of buying 1000 bitcoins for 10 bucks got lucky , thats well and fine.
How about us? I have 35 mhash/s and lets say I dont want to buy. From the obvious choice of minning (which makes me about nothing , barely over the transaction fee) I can go for 'free bitcoin' websites or faucets and I can offer services . Thats about all I can think of. If I am missing anything please fill in.
When I started with BTC people where saying the same about <$2 coins. $10 seemed VERY EXPENSIVE, because only a few months before BTC was below $1. So, cheap or expensive, lucky or unlucky, depends on how you see it and what you compare to.
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