Seeking advice

[elrugrim]

I'm a total newb, and I don't have the gear to mine btc, and my laptop isn't really up to doing much either.  Mining about 1 datacoin a day at the moment, and considering trying to do the Middlecoin thing.   From my reading, mining is a losing game unless your on the leading edge of new gear, and even then its use the gear till x, dump gear at x price to get best ROI.   I am gathering dust from faucets/etc to gain btc, and I am wondering if there are any other good ways to earn btc other then buying direct on coinbase/other exchanges, or bartering/trading for it.   Would appreciate any advice from more experienced members of the community, and if there isn't any other real way, thats fine, just looking at alternative angles to try and profit myself.

[energeez]

Try to ask for a loan i just saw the section and you can ask for 10 BTC if you want tho

[JoeMattie]

Mining with your laptop is not advisable. The heat generated will significantly shorten the life of your equipment. The best way to get BTC is to buy it or trade something for it. You can keep trying the faucets but you are going to have a hard time finding a way to get a significant amount of BTC without investing by buying it or purchasing mining equipment. Bitcoin is money and as such it isn't given away in any significant quantity. You don't see people giving away $100 dollar bills and you wont be able find someone giving away .1 BTC either.

If you keep up with the faucets you might generate enough dust that 2 years in the future you have enough to buy something cool. When Bitcoin first came out you could get whole bitcoins from some of the faucets. Good luck trying to increase your BTC holdings but you are going to have to invest to really start growing your wallet.

[hilariousandco]

Try to ask for a loan i just saw the section and you can ask for 10 BTC if you want tho

You're not going to get any loans without any collateral that pretty much equals or surpasses the amount you want to loan, so it's pointless.

[e521]

elrugrim unfortunately mining with a laptop is not recommended
if you really believe in bitcoin and (you want to keep using your laptop!) I suggest you to setup an account with some company connected to your back account and pay small amounts every week/month.

[GreekBitcoin]

I am mining with my laptop and there is no problem since this is cpu only coin. When i play battlefield it gets 100% more hot than mining...

But yes with only 1 laptop mining will not make you rich. Though 1 DTC per day might be 1-2-3  dollars per day in the future which isnt that bad...

Currently i mine Datacoins with 2 threads while using my pc and 4 threads when i am sleeping.

[eXo_coin]

Mining can be profitable, if you like to take a risk and spend some money. For about $400 you would get a nice graphic card that would help you out getting started. Then you should mine new coins on there very first moment. So you would end up with many different coins. And then you just wait if it will be ever profitable to sell them (maybe wait month or years).

This advice is only good for you if you are willing to stay calm for a longer period of time; thus not selling coins to quickly (longterm investment).

On the other side you might consider buying some coins that are on a low price right now.

Your laptop cannot help you as mentioned already.

Anyway this is only my point of view. No guarantee that this will work of course.

Good luck either way!

[GreekBitcoin]

Mining can be profitable, if you like to take a risk and spend some money. For about $400 you would get a nice graphic card that would help you out getting started. Then you should mine new coins on there very first moment. So you would end up with many different coins. And then you just wait if it will be ever profitable to sell them (maybe wait month or years).

This advice is only good for you if you are willing to stay calm for a longer period of time; thus not selling coins to quickly (longterm investment).

On the other side you might consider buying some coins that are on a low price right now.

Your laptop cannot help you as mentioned already.

Anyway this is only my point of view. No guarantee that this will work of course.

Good luck either way!

scrypt coins are dying fast. and there are so many people that will point their cards to the ones that will not fail that 1 card will be nothing. scrypt has no future. to add to my argument we are already waiting for scrypt asic miners...

The future is only sha256 or strict CPU. Just right now you can make money from scrypt but wont last much...

[nerobie]

You don't see people giving away $1000 dollar bills and you wont be able find someone giving away

[elrugrim]

Oh I know that, and I am atm a dust collector =p.  Don't think magic $1000's are going to float from the sky.   

I just am not going to stupidly jump all in till I have a better feel of things, get some experience mining altcoins, etc.   Learning who is reputable, etc.