Inspiration

[gambit1]

I'm not having much luck trading bitcoin. Hard trading is hard. I'm also having a lack of inspiration. Anybody got any inspirational ideas to promote and profit from the coin we call bit?

[Parazyd]

Your signature says otherwise

Why don't you mine some?

[gambit1]

My signature was an attempt to immortalise what a butterfly labs employee said in solidarity with scammed people (I never ordered anything from them).

In terms of mining I've always had technical problems mining with a GPU. It hasn't seemed to work for me. Also, minings over for ordinary people, right? Waste of time. The difficulty is way too high. Way too high. I don't know what people's obsession with mining is.

I appreciate your input but: NEXT!

[franky1]

I'm not having much luck trading bitcoin. Hard trading is hard. I'm also having a lack of inspiration. Anybody got any inspirational ideas to promote and profit from the coin we call bit?

In terms of mining I've always had technical problems mining with a GPU. It hasn't seemed to work for me. Also, minings over for ordinary people, right? Waste of time. The difficulty is way too high. Way too high. I don't know what people's obsession with mining is.

I appreciate your input but: NEXT!

bitcoin mining with a geforce card = problems
bitcoin mining with ATI= pennies worth of bitcoins a week for £$ worth of electricity bills

GPU mining is like trying to pickaxe mine gold along side a guy that has an excavator and dynamite..... goodluck with that.

as for trading, it is not automatic profit. it takes skill and good judgement of when to buy and sell, looking at the volume as well as the 'walls' that are near the spreadline. if you are not confident mining or exchange trading, then i would recommend retail to you.

EG buy products at whole sale and stick a bitcoin price that is 25%+ of cost. when it sells cash out the initial cost (leaving the 25%+ as bitcoin) and restock the products. this way you make 25% profit.

if you are not a retailer, then sale your skills, EG if a gardener, programmer, consultant then sell your skills for a bitcoin wage

[empoweoqwj]

I'm not having much luck trading bitcoin. Hard trading is hard. I'm also having a lack of inspiration. Anybody got any inspirational ideas to promote and profit from the coin we call bit?

The best traders are very well disciplined and have years of experience, plus extensive knowledge. Trading isn't easy. For every "pro trader" to make a buck, someone has to lose a buck.

I don't have any words of inspiration but I would say write down all your trades, and if after a month, you find your trading is not profitable, it might not be the right way to go for you. Very few people make money trading, but they make a lot.

[Nagle]

I'm not having much luck trading bitcoin. Hard trading is hard.

It's a zero-sum game. At least half of the participants, by amount invested, will lose.

If you've been in the game for half an hour and you don't know who the patsy is, you're the patsy.

[gambit1]

Thanks Franky that's what I was after.

I have had some successes and failures trading on gox. I just buy low and sell high; I don't know how to look at it scientifically. Do you know how to do that at all?

Retails a good idea. I was actually going to do that a while back with a book store. I'm just not sure there's enough demand. Bitmits shutting down.

Anyone on here have a burning need to buy something in bitcoin and not have an option? Toasters? Socks? Wigs?

[empoweoqwj]

Thanks Franky that's what I was after.

I have had some successes and failures trading on gox. I just buy low and sell high; I don't know how to look at it scientifically. Do you know how to do that at all?

Retails a good idea. I was actually going to do that a while back with a book store. I'm just not sure there's enough demand. Bitmits shutting down.

Anyone on here have a burning need to buy something in bitcoin and not have an option? Toasters? Socks? Wigs?

Ah I see. If the sum of your trading knowledge is "buy low and sell high" then you shouldn't be trading, period. You'll get eaten by the sharks. Sorry to put it like that, just don't want to see you lose your coins.

[railzand]

Thanks Franky that's what I was after.

I have had some successes and failures trading on gox. I just buy low and sell high; I don't know how to look at it scientifically. Do you know how to do that at all?

Retails a good idea. I was actually going to do that a while back with a book store. I'm just not sure there's enough demand. Bitmits shutting down.

Anyone on here have a burning need to buy something in bitcoin and not have an option? Toasters? Socks? Wigs?

I've got some random ideas: selling gifts, trinkets, crafts, arts and collectables. They're unique, so people can't simply convert your price to usd and search amazon/etsy etc.

If you buy non-unique items at the cheaper end, always rewrite the catalog title

Specialise to suit this market, models of lamborghinis, first editions of cryptography books, pci risers with 2 molex connectors,

Also, go round your town and convert retailers to accepting btc and ltc, become the first or the best bitcoin village suburb city...