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Author Topic: How much do you have invested in bitcoins?  (Read 5182 times)
Albert Schweitzer
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September 26, 2011, 05:25:32 PM
 #21

About 300 €
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worldinacoin
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September 29, 2011, 01:36:13 PM
 #22

The bulk of my costs are in graphic cards, when things really get so bad they I have to exit, at least the graphic cards are high ended cards that will give some value.
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September 29, 2011, 01:54:20 PM
 #23

Not enough.
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September 30, 2011, 08:52:02 AM
 #24

I have invested more than 12k USD in them. However my builds are also set up as gaming rigs should bitcoin fail and I need to recover my money.
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September 30, 2011, 02:07:56 PM
 #25

I have invested more than 12k USD in them. However my builds are also set up as gaming rigs should bitcoin fail and I need to recover my money.

Because God knows there's always money in Gaming.

...and the Banana stand.
Schätzle
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September 30, 2011, 02:22:59 PM
 #26

I invested ~5.000 euro for bitcoins Price per bitcoin 3.50 USD at the huge crash:) So it was a great deal.!
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October 01, 2011, 02:29:13 AM
 #27

I have invested more than 12k USD in them. However my builds are also set up as gaming rigs should bitcoin fail and I need to recover my money.

Because God knows there's always money in Gaming.

...and the Banana stand.



I meant I can sell off the gaming rigs. I built them with 955's and some i3s. Everything is semi rice or good looking. I will have no problem getting 70% of what I put into them back if I need to sell them fast. I might even get more not sure.
nmat
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October 01, 2011, 02:31:13 AM
 #28

Because God knows there's always money in Gaming.

...and the Banana stand.

Kudos to you sir for mentioning the banana stand  Cool
bigewok
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October 01, 2011, 06:11:04 AM
 #29

I'm currently trying to figure out how much I feel comfortable investing. I know the difficulty will continue to climb and the value of a block will drop from 50 to 25 coins eventually... hopefully the bubble won't burst soon!
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October 02, 2011, 06:45:42 PM
 #30

Why invest in bitcoins when you can get in early on one of the alternate chains? Really, what makes bitcoin so special anyway? From what I can see, it has a network effect monopoly and the strongest core dev team and that's about it.

One of these days one of the alternate chains is going to take over. However, I suspect you won't be able to get rich off of it. That's because I think the one that's going to take over will have value stability built into it's design, and that's the whole reason it will take over.

See http://www.phauna.org/papers/freecoin/freecoin.pdf for more.
vapourminer
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what is this "brake pedal" you speak of?


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October 02, 2011, 09:03:46 PM
 #31

about $230.

$130 for a 5830, and about $100 extra on the 2 cards that I was replacing anyway but I would of bought lesser versions of. IE got 6770 instead of a 6670 for the HTPC (replacing a 3850), and a 6870 instead of a 6850 (replacing a 4850) for the daily use rig.

helps that I was already set up pretty good for just dropping in cards: PC Power and Cooling and Antec PSUs, decent cases with good cooling etc. just add cards, software and go.
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October 02, 2011, 11:13:55 PM
 #32

Well i am new at bitcoins but to be honest i will not count my hardware since i already had these
But i would like to replace them for new so you might need to make a list of the money spend on the system
Now even if i would not count the hardware i have running now as a test on bitcoin, i currently wonder if it even is possible to not loose money on it.
Considering i live in the netherlands which has the biggest price on electricity, with a cost of 0.44 cent a Kwh its probably even not worth trying if i see what the current pool is showing me after some hours of running.
Now before someone starts babbling but on that or this site they say it is 0.23 cents a Kwh .... those are except the energy tax which has to be payed yearly and transport costs which is about another 0.09 cents extra and last and not least they count again another monthly fee for using the meter in the house ... these costs are separate from the normal bill
To make it even worse is that over these amounts they again make you pay 19% extra tax.
Guess who is gaining the most out of all this .... indeed the governements which are also the major share holders of those companies... profit in every way possible.

 
OnyxCorp
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October 03, 2011, 06:25:13 AM
 #33

I just started today lets see what happens
BurntSnow
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October 03, 2011, 01:55:14 PM
 #34

I invested in 50...dollars.


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panerai
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October 03, 2011, 05:41:50 PM
 #35

a few hundred dollars, which have made me profits so far
evoorhees
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October 04, 2011, 02:47:35 AM
 #36

Roughly $2,500 in coins themselves. Am buying more every month.

Don't invest any money you can't afford to lose. Bitcoins are wildly speculative. You should assume they will go to zero.
TyGrr
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October 04, 2011, 03:07:19 AM
 #37

Roughly $2,500 in coins themselves. Am buying more every month.

Don't invest any money you can't afford to lose. Bitcoins are wildly speculative. You should assume they will go to zero.

Sooner or later they will go to 0. Only question is will it go to 100$ first and for how many years will this work out:)
StormElf
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October 05, 2011, 09:15:09 AM
 #38

So far, I've invested in downloading a mining GPU program :p
Nyaaan
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October 05, 2011, 11:12:08 AM
 #39

I've bought $5k worth of Bitcoins so far, hope to start mining a few too Smiley
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October 05, 2011, 02:49:28 PM
 #40

Just gotten into the Bitcoin mining game about 2 weeks back and have obviously missed the high times of the coin (they'll be back, I can feel it!) but I find the whole concept very intriguing.

Spent about 800€ for my rig (no open frame case or build into a shopping basket, not that there's anything wrong with that Wink just wasn't an option here). 2x 5830 + 2x 5850, still waiting for the 5850's to arrive so right now I've been mining with ~640 mh/s for a couple of days and I already am at a total of ~3.5 BCs. Cheesy

Did a lot of research until I considered building a rig of my own and for me it's not about the money (or breaking even anytime soon), well of course it is too but mainly the journey is its own reward building a rig generating currency. I wouldn't complain though if rates were going back up there to the $30 mark.
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