buying or mining

[zpm]

trading shares seems confusing although it might be a more profitable investment than buying or getting into mining

[DoctorCentauri]

And where you can buy shares?

here (or here if you have a small budget).

Thank you!

[Lohoris]

And where you can buy shares?

here (or here if you have a small budget).

Thank you!

np!

[nviere]

Buy

[bobboooiie]

for your question buying At the moment. But for a love of god dont try to day trade shares unless you know what you are doing

[conf]

both

[ParalysedBeaver]

Why not both?

[xmlHTTP]

Beacuse if you buy a 1300 dollars miner you make 10 dollars in 1 day. If you buy 1300 dollars of bitcoin you make 13 dollars in 1 day...13 > 10 so........

BUY

[sdminer]

interesting topic. thanks for your replies.

I started checking out mining and it is fun. Kinda reminds me of when I was learning basic computer programming.

It is so tempting to want to by a new miner, but I will check out the share program first. Thanks

[DoctorCentauri]

Beacuse if you buy a 1300 dollars miner you make 10 dollars in 1 day. If you buy 1300 dollars of bitcoin you make 13 dollars in 1 day...13 > 10 so........

BUY

Why you make 13$ a day if you buy bitcoins for 1300$?

MfG

[smoothie]

Past has shown that Buying/holding bitcoin is a much more profitable investment than mining bitcoins.

I've mined bitcoins in Spring of 2011 and what I was able to mine versus what I was able to buy (in terms of BTC) was more when I just bought it outright.

[xmlHTTP]

Beacuse if you buy a 1300 dollars miner you make 10 dollars in 1 day. If you buy 1300 dollars of bitcoin you make 13 dollars in 1 day...13 > 10 so........

BUY

Why you make 13$ a day if you buy bitcoins for 1300$?

MfG

It depends, 2 days ago I made 60 dollars just because the BTC price raised.

[Zaih]

Buying seems more practical at the moment in my opinion.

[cescan]

 mining

[awgilyas]

Why not both? Also. Must. Get. ASICs  .

[Nefios]

Lately I think buying makes more sense.

[Hullabaloo]

Buying.

If you want to make as much profit mining as from buying, you have to devote a lot of time setting up your machines, tracking what coins to mine, calculating profitability vs. electricity costs, trying to be first to market with your new pump n dump coins, etc. To make decent volumes you also have to make a large investment in machines outright.  In other words, it's not unlike having a 2nd job that pays as well as flipping burgers.

If you do it just for fun that's fine though, you can quit any time.

Buying, well all you have to do is buy some BTC on an exchange, wait for it to go up, 'save' it back to USD. Wait till it drops and do it again. If you're unfamiliar with day trading, don't do anything else, and I imagine you can get a 2% return every day for 10 minutes worth of work. Might not sound like a lot, but do it every day and you've doubled your money in 5 weeks. (Did I mention I'm not good at this stuff yet? )

That's just my humble opinion and I love to learn new stuff

[yoloswag]

buy ldo

[gibbinss1]

Mining on conventional graphics cards is pretty useless now with the new miners coming out.
Graphics cards used to have the benefit of resale value - miners can ONLY be used for Bitcoins.

[QueenB]

I think both....but mining without ASICs is crazy...hardly worth the time and effort