zpm
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May 25, 2013, 02:45:01 PM |
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trading shares seems confusing although it might be a more profitable investment than buying or getting into mining
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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DoctorCentauri
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May 25, 2013, 03:13:01 PM |
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And where you can buy shares?
here (or here if you have a small budget). Thank you!
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Lohoris
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May 25, 2013, 03:14:21 PM |
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And where you can buy shares?
here (or here if you have a small budget). Thank you! np!
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nviere
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May 25, 2013, 03:28:23 PM |
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Buy
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bobboooiie
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May 25, 2013, 03:48:29 PM |
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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
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conf
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May 25, 2013, 03:52:40 PM |
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both
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ParalysedBeaver
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May 25, 2013, 04:12:41 PM |
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Why not both?
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xmlHTTP
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May 25, 2013, 04:20:12 PM |
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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
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sdminer (OP)
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May 26, 2013, 01:41:32 AM |
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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
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DoctorCentauri
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May 26, 2013, 08:52:15 AM |
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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$? MfG
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smoothie
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LEALANA Bitcoin Grim Reaper
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May 26, 2013, 08:53:30 AM |
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Past has shown that Buying/holding bitcoin is a much more profitable investment than mining bitcoins.
I've mined bitcoins in Spring of 2011 and what I was able to mine versus what I was able to buy (in terms of BTC) was more when I just bought it outright.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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xmlHTTP
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May 26, 2013, 09:14:53 AM |
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Beacuse if you buy a 1300 dollars miner you make 10 dollars in 1 day. If you buy 1300 dollars of bitcoin you make 13 dollars in 1 day...13 > 10 so........
BUY
Why you make 13$ a day if you buy bitcoins for 1300$? MfG It depends, 2 days ago I made 60 dollars just because the BTC price raised.
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Zaih
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May 26, 2013, 09:17:59 AM |
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Buying seems more practical at the moment in my opinion.
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cescan
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May 26, 2013, 09:24:06 AM |
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mining
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awgilyas
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May 26, 2013, 11:33:54 AM |
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Why not both? Also. Must. Get. ASICs .
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1AwangATDktxLw8e6VaDijw9AMWz5wy8bx
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Nefios
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May 26, 2013, 12:11:17 PM |
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Lately I think buying makes more sense.
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Hullabaloo
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May 26, 2013, 12:31:09 PM |
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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
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Tips? BTC: 1PuPCtUt3pmMjbiLTgTKD6G9AkQS3FBUtD WDC: WPmzeDfXjgoTEztP1rGCe1ZcBLLMJq7yvL Time is Bitcoin!
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yoloswag
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May 26, 2013, 12:35:10 PM |
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buy ldo
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gibbinss1
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May 26, 2013, 12:56:48 PM |
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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.
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QueenB
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May 26, 2013, 01:17:36 PM |
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I think both....but mining without ASICs is crazy...hardly worth the time and effort
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