coreyg
Newbie
 Offline
Activity: 3
Merit: 0
|
 |
November 27, 2013, 07:24:58 PM |
|
 It's good for BTC - to see a rally before Black Friday.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Northsidebill
Newbie
Offline
Activity: 1
Merit: 0
|
|
November 27, 2013, 07:30:58 PM |
|
So out of curiosity, if Bitcoin gets and stays over $1000 how long will mining be profitable again? Will mining then become profitable at other milestones, say $2000 or $5000 if it goes that high? I am interested in mining but only as a hobby, I prefer to invest and buy Bitcoins right now
|
|
|
|
|
hilariousandco
Global Moderator
Legendary
Offline
Activity: 3794
Merit: 2616
Join the world-leading crypto sportsbook NOW!
|
|
November 27, 2013, 07:35:27 PM |
|
would it recommended to buy a bitcoin now? on Coinbase, it takes 4 business days (so on Dec. 4 you get your bitcoin?)...that's risky huh?
Don't buy on a new high. Give it a day or two and see where it's at then. When It hit 900 last week it quickly plummeted back down soon after. A day or two is long time in bitcoin lately  Tell me about it. It's even longer when you're constantly checking markets and refreshing pages. |
|
|
|
str8killa
Newbie
Offline
Activity: 2
Merit: 0
|
|
November 27, 2013, 08:40:52 PM |
|
crazy that they have came this far even with the news and everyting. seems like everyone is picking them up.
|
|
|
|
|
ciscocertified
Newbie
Offline
Activity: 2
Merit: 0
|
|
November 27, 2013, 08:50:07 PM |
|
It would plunge even more this week before falling heavily.
|
|
|
|
|
stronghold1er
Newbie
Offline
Activity: 3
Merit: 0
|
|
November 27, 2013, 09:39:48 PM |
|
No it'll never happen. |
|
|
|
|
adsdas
Sr. Member
Offline
Activity: 337
Merit: 250
https://streamies.io/
|
|
November 27, 2013, 09:45:38 PM |
|
Bitcoin might drop again but in the long run 1000$ is nothing!  |
|
|
|
|
deadfi$h
|
|
November 27, 2013, 09:46:03 PM |
|
So out of curiosity, if Bitcoin gets and stays over $1000 how long will mining be profitable again? Will mining then become profitable at other milestones, say $2000 or $5000 if it goes that high? I am interested in mining but only as a hobby, I prefer to invest and buy Bitcoins right now
Is it currently profitable? You'd need some specialized gear to make any return on your investment at this point. |
|
|
|
|
bitmarket.io
Legendary
Offline
Activity: 1204
Merit: 1001
|
|
November 27, 2013, 09:47:11 PM |
|
Wait it's not at 10k yet? Wake me up then.
|
|
|
|
|
|
7Priest7 (OP)
|
|
November 28, 2013, 04:26:48 AM |
|
So out of curiosity, if Bitcoin gets and stays over $1000 how long will mining be profitable again? Will mining then become profitable at other milestones, say $2000 or $5000 if it goes that high? I am interested in mining but only as a hobby, I prefer to invest and buy Bitcoins right now
Is it currently profitable? You'd need some specialized gear to make any return on your investment at this point. Let us not forget the mining difficulty rises regaurdless of BTC price. Hobbyist btc miners will never see many btc(assuming they are just using the gpu they have anyhow). You can make some real money if you invest some real money into a hardcore asic rig like what is pre-ordering from cointerra atm. |
|
|
|
|
XenoZin
Newbie
Offline
Activity: 2
Merit: 0
|
|
November 28, 2013, 04:37:55 AM |
|
I don't think it will reach 1000 today but probably tomorrow or the next day then I think it will probably drop again
|
|
|
|
|
hilariousandco
Global Moderator
Legendary
Offline
Activity: 3794
Merit: 2616
Join the world-leading crypto sportsbook NOW!
|
|
November 28, 2013, 10:42:32 AM |
|
I don't think it will reach 1000 today but probably tomorrow or the next day then I think it will probably drop again
Haha, dude, it already hit $1000 yesterday. It's rising to $1100 now. |
|
|
|
romario
Full Member
Offline
Activity: 126
Merit: 100
Cryptonator CEO
|
|
November 28, 2013, 11:16:39 AM |
|
bitcoin....look @ the litecoin rates. It went sky in just two days probably because of the bitcoin success
|
|
|
|
|
tdcooper99
|
|
November 28, 2013, 11:20:44 AM |
|
Well, time to jump in here I guess. Been wanting to post on other threads, but can't yet. Amazing times... $1000 bitcoins. A colleague and I had a conversation a year ago and talked ourselves out of buying ... mining or coin... boy do we feel silly now. But... not too late I don't think. Might not get the same profits as we would have, but better late than never!
|
|
|
|
|
romario
Full Member
Offline
Activity: 126
Merit: 100
Cryptonator CEO
|
|
November 28, 2013, 03:04:55 PM |
|
Well, time to jump in here I guess. Been wanting to post on other threads, but can't yet. Amazing times... $1000 bitcoins. A colleague and I had a conversation a year ago and talked ourselves out of buying ... mining or coin... boy do we feel silly now. But... not too late I don't think. Might not get the same profits as we would have, but better late than never!
i think one can still jump on the train |
|
|
|
|
