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iL_P4driNo
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November 04, 2017, 12:11:10 PM |
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You can do other things then holding to grow your coins. You can invest in other altcoins with good potential or try to make profit in trading.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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0x417jpq
Newbie
 Offline
Activity: 4
Merit: 0
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November 04, 2017, 12:21:53 PM |
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I know this might sound provocative, but with the current BTC price it is profitable to do some cloud mining.
I'm not going to recommend any service provider or give you a referral link, but with current prices I've been able to get my initial investment back within 3 to 4 months.
This means that the remaining 8 months of the mining contract are profitable for me.
Some bullet points of my experience:
* The service provider skims about 15% of my bottom line as a maintenance/service fee.
* I receive daily payouts to my wallet.
* Only invest money you can miss
* Set goals for individual mining contracts, don't be tempted to perpetually re-invest earned BTC into more 'hashing power' to snowball your investment.
-0x417jpq
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mobilazy
Member
Offline
Activity: 308
Merit: 22
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November 04, 2017, 12:43:06 PM |
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If everybody will be buying and holding, price will skyrocket to 10k and above. Looks like it's main trend now. Will be waiting when majority decides to cash out. Will be my lucky day!
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---Bounty is a stupid use of my time---
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fattyforhire
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November 05, 2017, 01:06:26 PM |
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While this is the most actual way of operations with bitcoin - buy and store on your wallet. What I did, in fact. So you will get the maximum profit. You can sell it at the peak of the price, and again buy it during the fall, but this method is rather risky and unpredictable.
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Sophiea
Newbie
Offline
Activity: 56
Merit: 0
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November 05, 2017, 01:24:57 PM |
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While this is the most actual way of operations with bitcoin - buy and store on your wallet. What I did, in fact. So you will get the maximum profit. You can sell it at the peak of the price, and again buy it during the fall, but this method is rather risky and unpredictable.
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learner 7
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November 05, 2017, 02:19:10 PM |
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From my own experience I will say that the best investment is an investment in your wallet, and you will sleep peacefully  |
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assyla
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November 05, 2017, 02:49:49 PM |
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i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin?  Holding or keeping you bitcoin is much easier but if you want to earn a much larger amount of money investing is a good idea for you. But be smart. |
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Qartersa
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November 05, 2017, 03:20:38 PM |
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i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? What do you want to say? Do you have a problem with how to reproduce your Bitcoins? If so, you can join campaigns. There you will earn bitcoins depending on your rank. And it's paid weekly, All you have to do is post depending on the required post you should be able to do in a week of campaigning. Because of the signature you are wearing as they are paid. So wait for about a month and you can join the campaigns True enough, you have to know what you are asking for, for you to be guided well. I think, though, he is referring to mining. But going back to your question, there are other means of getting or earning Bitcoins. Apart from the above-quoted text, you can do trading and loaning. You have mentioned about risks, of course, all businesses - big or small - involve risks. Risks are what make you a wiser man in business. It defines how you are as an investor. The greater you are willing to risk, the greater possibility of you winning the game. |
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WUWARAOLUOXIANG
Member
Offline
Activity: 302
Merit: 10
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November 05, 2017, 03:22:06 PM |
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Nice try, bro! If you are asking me "Why do you say that?", I just want to comment, that is all.
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Ayiranorea
Sr. Member
Offline
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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November 05, 2017, 03:25:46 PM |
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i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? Holding or keeping you bitcoin is much easier but if you want to earn a much larger amount of money investing is a good idea for you. But be smart. As in the quote for sustained earning investing is good. At the same time we need to understand all about it in a better way that investing bitcoin is quite risky. Based on the fact it's good to hold in the wallet with private keys in hand. Right now one in ten investment websites seems legit and trusted. |
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Christian13
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November 05, 2017, 03:37:20 PM |
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If you can afford to buy some Bitcoin then it would be a good idea do to so. Even a small fraction. Mining requires a lot of preperations and attention, especially if you are not experienced and you did something wrong. I had a hard time because I had problem with my PCIe risers. They weren't tight enough so the cards kept disconnecting.
Well, if you can afford to buy bitcoin you must buy and you must try to hold it. In addition to that, if you already done on buying bitcoin you should hold it because it is the best way to earn make more income. Lastly, buy now and hold it if you want to become rich in the future. |
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FrankNoland
Copper Member
Sr. Member
Offline
Activity: 560
Merit: 253
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November 05, 2017, 03:42:12 PM |
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i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? Since you are not making any profit from mining, I would recommend that you upgrade your mining equipment or sell it and buy bitcoin. Don't even think of buying altcoins, its just a waste of time, I have tried it trust me. |
Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
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tunctioncloud
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November 05, 2017, 03:47:17 PM |
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Frankly, I discourage you from investing in experimental crypto-currencies which you feel can "rise to 4k$ a coin". The best way to make money without any risk is without any doubt to buy bitcoins now, while it is cheap when compared to what it will be in the future, and then simply wait.
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Frank0209
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November 05, 2017, 04:03:26 PM |
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Holding is not the only way but it's the easiest and safest way to earn money with Bitcoin for newbie in cryptocurrency world. Beside you can try to learn and explore about trading cause it's a quickly way to earn and it's not too risky like investing in ICO project or gambling  . But with trading you need to have huge capital to start and don't be hurry to start if you don't have enough experience about it |
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Reid
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November 05, 2017, 04:44:25 PM |
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You decided to just buy it and I think you are already feeling the profits of what you have started.
There is much to happen. This is just the start of it for me.
This might be a large price by now but after more events that will happen it may come to a much more expensive bitcoin like we are seeing now.
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wallstone
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November 05, 2017, 06:07:02 PM |
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Day trade is much profitable if you have those excellent trading skills, buy at low or at dip and sell with profit even with a little profit, if you earn atleast 5-10% per day that is good enough avoid being greedy.
I absolutely agree thay day trade is much profitble. However, there some ways to earn more profit. Buying and holding are one of the best way to earn profit but I prefer to do trading because it is the sources of bitcoin and profit. Lastly, if you really want to make big profit just hold your bitcoin and wait for the right time to sell your bitcoin. |
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pekobites
Member
Offline
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
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November 05, 2017, 06:09:26 PM |
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From my own experience I will say that the best investment is an investment in your wallet, and you will sleep peacefully Nothing better than a good night sleep, while your BTC are safe in a hardware wallet with multiple safely stored backup paper keys |
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Wingo
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November 05, 2017, 06:22:00 PM |
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You can work for bitcoin if you have the right skills that some people need in this forum where they will pay you bitcoin. You can join signature campaigns and earn bitcoin weekly. It is an easier way to earn bitcoin than mining. And you can also invest on potential altcoins like monero, zcash, and litecoin after earning some bitcoin.
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GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
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November 05, 2017, 07:45:45 PM |
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i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? A newbie with some sense! Thank you for actually entertaining the feasibility of fauceting and mining, essentially they are beyond the majority of us. Mining can work obviously; but you cant profit unfortunately, you have to keep reinvesting to keep up with the difficulty increases. I mean, there an be some profit, but the rat race is a little more "intensive" than most people realize. Its actually a challenge to keep 95% plus uptime, and every second down is time you arent mining  the faucets can work. basically, you wont be fauceting bitcoin, you will be using every other type of faucet BUT bitcoin. these are way more numerous, and typically way more generous. convert this value to bitcoin; finally fauceting isnt so damned banal. |
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FasTroy
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November 05, 2017, 08:36:03 PM |
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You can work for bitcoin if you have the right skills that some people need in this forum where they will pay you bitcoin. You can join signature campaigns and earn bitcoin weekly. It is an easier way to earn bitcoin than mining. And you can also invest on potential altcoins like monero, zcash, and litecoin after earning some bitcoin.
You are right, there is a lot of method that you can allow to people to earn bitcoin, I mean to make profit. So as you said, If you have some skills in several domains you can work and you will be paid using bitcoin, also you can show your services to people, By hard working you can earn a lot of money in this forum or maybe outside. |
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