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Author Topic: is it too late to get involved  (Read 4016 times)
ipoomyself (OP)
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January 21, 2014, 05:23:02 PM
 #1

with bitcoin?

i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some
jonanon
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January 21, 2014, 05:29:46 PM
 #2

I probably isn't worth trying to mine BTC now - actually buying Bitcoin is likely to offer a lot better return on investment  Smiley
CaptainBeck
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January 21, 2014, 05:32:31 PM
 #3

Yup its to late to get into any crypto coin.

If you still want to get into crypto even with it all dying and being dead end, go with scrypt hardware, you'll get better chances for mining for your money.

MakeBelieve
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January 21, 2014, 05:46:24 PM
 #4

It's not too late honestly just save up and buy when low and sell when high.

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steamon
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January 21, 2014, 05:58:53 PM
 #5

Buy the bitcoins and hold them a few years thats the only usefull tip I can give. I still have 800gh mining power arriving in feb. Even that won't bring a gold mine so anyone that wants to get into the mining game now don't. Unless its a new technology and you get it quick. But there is not atm.
franky1
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January 21, 2014, 05:59:48 PM
 #6

with bitcoin?

i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some

the gold market still lives on, hundreds of years after people gave up walking with pickaxes to get their gold. what the done instead was to work in retail or other jobs to receive gold as payment. same with bitcoin. find a job that pays in bitcoin or get current employer to pay you in bitcoin or simply buy bitcoin, much like you would buy gold at a pawn shop or goldsmith for investment.

why oh why do people think mining is the only way to get bitcoin... oh wait, the official bitcoin video is out of date again

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
hilariousandco
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January 21, 2014, 06:05:33 PM
 #7

Yup its to late to get into any crypto coin.

If you still want to get into crypto even with it all dying and being dead end, go with scrypt hardware, you'll get better chances for mining for your money.



How is it too late to get into cryptos? Especially with new ones popping up daily.

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CaptainBeck
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January 21, 2014, 06:14:53 PM
 #8

Its not at all, hence why we are all here talking on this forum, and why the guy came here in the first place.

He just wants someone to tell him its ok to invest his money.
Protrader
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January 21, 2014, 06:21:40 PM
 #9

It's not too late honestly just save up and buy when low and sell when high.

Agreed you can still invest and make some profit from it..
MakeBelieve
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January 21, 2014, 06:43:52 PM
 #10

Just remember when investing in Bitcoin it is a investment and doesn't guarentee you will get any thing back.

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jongameson
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January 21, 2014, 07:11:38 PM
 #11

just remember, you can always sell ur miner if u get bored.  and chances are it will be worth more than what you paid for it, due to irrational exuberance 
byt411
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January 21, 2014, 09:23:58 PM
 #12

It isn't too late if all you want is to earn money. You can simply sell your hardware. I'm sure people want it. If you want to support the BitCoin Network, mine. If you want to earn money, buy low sell high.
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January 21, 2014, 10:18:33 PM
 #13

If you believe in the long term growth and potential of BTC, then it definitely is not too late to get involved.  You may be a little too late to the game to start mining (i don't know anything about mining) so I could be wrong about that. 

There is definitely still a long ways to go for bitcoin to reach its full potential.  I truly think that people will look back on today, and say "Man I wish I would have bought every coin that i could afford at $825"
Frost000
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January 21, 2014, 11:10:49 PM
 #14

with bitcoin?

i hath 3 block erupters antminer u1 overclocked to 6gh/s but... thinking of buying a 60gh model or lower any there anny point to this ponzi scheme?? the difficulty just increases too frequently i mean 6gh is a lot anyway for a small thing i think its a lost cause most of us hath joined too late and it will probably end bad for the newc umers it woz best if you got in early and had thousands stocked up but now i fear its too late wayy to late i am not in denial as some

In all honesty, I'd probably use those to mine alt coins if at all possible. And if not, I'd sell them while it's still possible to do so.

Though people give it a bad rep, cloud mining at least enables you to resell your GH/s on the market before it's deemed too useless. It's easier to do than to sell outdated hardware mining equipment, in my opinion.
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January 21, 2014, 11:26:16 PM
 #15

buying btc would be more clever than mining them at this stage.

you can mine Litecoin instead.

MakeBelieve
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January 21, 2014, 11:30:32 PM
 #16

buying btc would be more clever than mining them at this stage.

you can mine Litecoin instead.

Well yea the amount of money it would cost to make a profit from Bitcoin is a lot I would too sugest purchasing Bitcoin from exchanges.

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BTCisthefuture
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January 22, 2014, 12:56:28 AM
 #17

only YOU can answer the question if it's too late or if you can make money.  no one else knows your financial situation and how much you can invest or exactly how you will go about investing it.

you could get some better answers if you provided some more details though.

Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
Siegfried
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January 22, 2014, 01:02:23 AM
 #18

Everyone should own at least 1 bitcoin. There are only 12 million in existence and there are 7 billion people in the world. If you have 1 bitcoin you would be in the top 0.1 percent of bitcoin wealthy people in the world. All it costs it 800 dollars now. If you really believe bitcoin has any future potential, act immediately.
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Keep it dense, yeah?


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January 22, 2014, 01:05:00 AM
 #19

Don't bother mining Bitcoin, either mine alts or just invest in coins directly. Bitcoin mining ship is long sailed.

Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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January 22, 2014, 01:06:56 AM
 #20

buy FTC at 36 watch BTC-e announce they are pairing FTC with USD and boom double your $. Same thing happened with PPC they are sneaky. Prob even coordinated the attack on the forum yesterday to get sells to come into their 300BTC buy order.

Selling fully funded Titan BTC Physical Bitcoins, Gold and SIlver - BTC Physical Bitcoins BTC PM if interested.
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