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Author Topic: Could use an advice 2BTC/Month  (Read 3330 times)
FifthGhostbuster
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May 29, 2014, 05:45:02 AM
 #41

Hey guys, currently with my hashing power i'm making 2 btc each month.
the question is what would you do with those 2 btc? my mining is not my main income so i don't mind saving my bitcoins on the side for now.

do you think btc will go above 450-500$? I mean way above
would you buy VTC with them? cause i heard they will worth a lot a year from now.

or should i just change them to money? what would you do?

thank you

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Harley997
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June 09, 2014, 04:29:47 AM
 #42

Hey guys, currently with my hashing power i'm making 2 btc each month.
the question is what would you do with those 2 btc? my mining is not my main income so i don't mind saving my bitcoins on the side for now.

do you think btc will go above 450-500$? I mean way above
would you buy VTC with them? cause i heard they will worth a lot a year from now.

or should i just change them to money? what would you do?

thank you

Personally I would keep the coins you earn in BTC. IMO over the long term the price of BTC will increase.

You may wish to cash out a portion of your BTC to pay electric costs and possibly part of your costs to buy your miner but that is up to you.

If you other income can cover the above costs then keep your BTC or possibly spend your BTC for goods/services from merchants that accept BTC.

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bitbaby
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June 09, 2014, 04:48:55 AM
 #43

If you're making upto 2 btc per month, I'd say invest a little in altcoins which show a bit of promise, I've purchased few vericoins since I feel like it might be going up and invest in other currencies as well , forex and bullion trading is an option too. Don't keep all your eggs in one basket.

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June 09, 2014, 11:30:06 AM
 #44

Hey guys, currently with my hashing power i'm making 2 btc each month.
the question is what would you do with those 2 btc? my mining is not my main income so i don't mind saving my bitcoins on the side for now.

do you think btc will go above 450-500$? I mean way above
would you buy VTC with them? cause i heard they will worth a lot a year from now.

or should i just change them to money? what would you do?

thank you

btc could, and i this will return to 1k by end of the year, but if you are looking for prices above 1k usd/btc, that will happen much harder.
everytime btc hits new ATH, a lot of traders tend to go into fiat, fearing massive sellouts.

as far as VTC is concerned, its price was looking at high numbers, but soon after n-scrypt algo came coins with x11 algo that got much more audience among crypto-comunity due to low heat and lower noise levels.
invest your money wisely, dont spend what u can loose

cheers
jeffersonairplane
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June 09, 2014, 03:23:54 PM
 #45

Getting and staying with BTC would be your overall best bet. They will Sky rocket soon.

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lihuajkl
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June 09, 2014, 04:25:44 PM
 #46

Cash our some BTC to cover up electricity cost and upgrade of mining rig. Invest a quarter of them to alt coin.
MoneyGod
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June 09, 2014, 04:36:02 PM
 #47

Getting and staying with BTC would be your overall best bet. They will Sky rocket soon.
Its best tip for you currently holding btc is very good investment alt coins going down badly and very few chance of recovery

FFrost
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June 14, 2014, 01:04:56 PM
 #48

Don't touch them keep them on a cold wallet because you never know when you need them.
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June 14, 2014, 02:47:14 PM
 #49

I would hold most of it, but find places to spend it too. The way the Bitcoin economy will grow is when it's used. If you need a part for your computer use TigerDirect, if you're going out to eat find a nearby restaurant that accepts Bitcoin, donate some to charities that you like. And if your favorite charity or business doesn't accept it, ask them to.

I think Bitcoin will dominate. At least for the next few years - especially if side-chains are integrated.

If anyone has heard there is a new debit card coming by the end of june that will allow us to instantly turn bitcoin to cash and pay on the spot for something in bitcoin anywhere. buy gas, shoes, watches, pay your mortgage. whatever it may be. so cool

Is there any news on this at all? This sounds really interesting.

What company is bringing this out?
joshraban76
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June 14, 2014, 04:50:14 PM
 #50

Why not and try investing in mining again and again ?

It seems not a bad number, but for sure you will make a quick jump.

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