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Author Topic: I Have No Idea What I'm Doing  (Read 1054 times)
snackpackzack (OP)
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January 14, 2014, 03:34:17 PM
 #1

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
guybrushthreepwood
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January 14, 2014, 03:43:07 PM
 #2

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3

Spend as much time as you can getting to know cryptocurrencies and mining etc or you're going to have a bad time. This forum is a great resource so use it.
watchtheskies
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January 14, 2014, 03:48:39 PM
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Welcome and good luck!

Google (as well as poking around the forum) is your friend Wink

Currently staking TEK and HYPER
gusuda
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January 14, 2014, 03:50:39 PM
 #4

Кaк мoжнo Биткoин зapaбoтaть? Ecть cпocoбы? нe интepecyeт мaйнинг, этo вce фyфeлSad(
BlockChainLottery
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January 14, 2014, 03:55:04 PM
 #5

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

yatsey87
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January 14, 2014, 04:00:09 PM
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Кaк мoжнo Биткoин зapaбoтaть? Ecть cпocoбы? нe интepecyeт мaйнинг, этo вce фyфeлSad(

There's local forums you can post in.
guybrushthreepwood
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January 14, 2014, 04:01:07 PM
 #7

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.
Hellwiss
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January 14, 2014, 04:05:56 PM
 #8

Hello Bitcointalk.org. I have been watching this forum for a long time, but never registered. So finally I did. Now I need to send PM, but first have to be this post, so ok. Looking forward spending time here, now registered. Cu Smiley
yatsey87
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January 14, 2014, 04:11:58 PM
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Hello Bitcointalk.org. I have been watching this forum for a long time, but never registered. So finally I did. Now I need to send PM, but first have to be this post, so ok. Looking forward spending time here, now registered. Cu Smiley

I think you need ten posts to be able to send a PM.
guybrushthreepwood
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January 14, 2014, 04:13:39 PM
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Hello Bitcointalk.org. I have been watching this forum for a long time, but never registered. So finally I did. Now I need to send PM, but first have to be this post, so ok. Looking forward spending time here, now registered. Cu Smiley

I think you need ten posts to be able to send a PM.

I think it might be just one now. You need ten posts for a signature though: https://bitcointalk.org/index.php?topic=177133.0
BlockChainLottery
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January 14, 2014, 04:16:11 PM
 #11

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.
But why invest in them? There can't be that much money in it, right? If so, then everybody would join until nobody can profit anymore. On top of that it is most of the time exchanged for BTC anyway.
I think newbies should be very aware of the fact that most of the alt coins are pump and dump schemes. Only a few are really different and worth investing in.

guybrushthreepwood
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January 14, 2014, 04:32:31 PM
 #12

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.
But why invest in them? There can't be that much money in it, right? If so, then everybody would join until nobody can profit anymore. On top of that it is most of the time exchanged for BTC anyway.
I think newbies should be very aware of the fact that most of the alt coins are pump and dump schemes. Only a few are really different and worth investing in.

There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.
Picoin
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January 14, 2014, 06:04:06 PM
 #13

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3

Maybe this can help: http://www.cryptobadger.com/build-your-own-litecoin-mining-rig/
leksi
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January 14, 2014, 06:19:26 PM
 #14

http://freebitco.in/?r=186518 here you can get some free BTC. also 0,22
mfhc
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January 14, 2014, 06:57:29 PM
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There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.

But it's not always like that, you can be lucky sometimes too. If you mine the right coin and sell soon enough, you can make profits with low hashrate too.
nuttynoah
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January 14, 2014, 07:26:38 PM
 #16

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3

Hi snackpackzack,
Try the MultiBit website, look at their FAQ pages, everything you need to know is there.
BlockChainLottery
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January 14, 2014, 07:27:28 PM
 #17

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.
But why invest in them? There can't be that much money in it, right? If so, then everybody would join until nobody can profit anymore. On top of that it is most of the time exchanged for BTC anyway.
I think newbies should be very aware of the fact that most of the alt coins are pump and dump schemes. Only a few are really different and worth investing in.

There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.
Nicely said, I agree.
There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.

But it's not always like that, you can be lucky sometimes too. If you mine the right coin and sell soon enough, you can make profits with low hashrate too.
Yes, but that's comparable with playing poker. Few winners, lot of losers.

Kenshin
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January 14, 2014, 07:29:38 PM
 #18

Be patient, just ask if you don't know the answer. But also search around before you ask.
guybrushthreepwood
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January 14, 2014, 07:30:52 PM
 #19

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3
Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.
But why invest in them? There can't be that much money in it, right? If so, then everybody would join until nobody can profit anymore. On top of that it is most of the time exchanged for BTC anyway.
I think newbies should be very aware of the fact that most of the alt coins are pump and dump schemes. Only a few are really different and worth investing in.

There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.
Nicely said, I agree.
There's money to be made if people are willing to mine and trade the coins. They're mined and then pumped and dumped then the miners move on to the next and then these newbs are left holding worthless coins. And newbies don’t listen. They're naive and think that this new crapcoin will take them 'to the moon'.  If you tell them it's a scam they and the devs will just say that you're jealous  because you missed the train etc.

But it's not always like that, you can be lucky sometimes too. If you mine the right coin and sell soon enough, you can make profits with low hashrate too.
Yes, but that's comparable with playing poker. Few winners, lot of losers.

Well that's the gamble of any investments. I'd rather gamble with coins than at poker though. The smarter you are the more money you can make and the stupid lose out; it's not just a game of chance.
koobs
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January 14, 2014, 07:39:39 PM
 #20

The same goes for poker guybrush (great game! (both poker and Monkey Ilsand))

Losers lose winners win. And being smart in poker is a big advantage over those who arent.
As I said, the same goes for crypto's. Too bad I'm dumb and not smart, lol Cheesy
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