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Author Topic: If you had 50K...  (Read 1661 times)
k9quaint
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August 13, 2013, 01:38:29 AM
 #21

Wait until the ASIC price war starts. Then buy hookers and beer.

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HeRetiK
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August 13, 2013, 09:04:18 AM
 #22

Wait until the ASIC price war starts. Then buy hookers and beer.

A+++++ would listen to financial advice again

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dhenson
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August 14, 2013, 02:53:18 AM
 #23

Wow, there has been incredibly bad advice given in this thread.

1) Buy bitcoin asap.  Bitcoin investments generally pay very well, even if you could have saved 5% by buying a week later, you will most likely make that up in investments.
2) Deposit 50% in btct and get ready to invest.  This is an interesting time where all of the securities are waiting on hardware so you can expect the price to slowly drop over the next month.  I would buy labcoin @ .0013-.0014, Activemining @ .005-.0051 and Asicminer @ anything under 4

Labcoin is not really a long term investment, the upside here is buying low and selling high.  You can usually turn trades every couple of days for ~20% profit.
Activemining should have confirmation of NRE payment any day.  When that happens, expect the price to jump and stay over .006-.0065
Asicminer is very secretive about their future plans.  Friedcat is very aware of increasing network hasrate and is committed to keeping ~10% of the network moving forward.  Plan on .015/week dividends indefinitely.  This stock is undervalued at anything under 4btc.

3) Wait for cointerra to release their pricing.  If they come in around $3-$4/Gh, spend the rest on mining equipment.  With a January delivery and a decent entry price, you can count on doubling your money and ending up with equipment that will be profitable for longer than the competition.
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August 14, 2013, 04:20:47 AM
 #24

Wait until the ASIC price war starts. Then buy hookers and beer.

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