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Author Topic: How to learn more about bitcoin?  (Read 13982 times)
ranochigo (OP)
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May 24, 2014, 04:13:31 AM
 #1

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

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ranlo
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May 24, 2014, 04:16:35 AM
 #2

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
ejinte
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May 24, 2014, 05:56:08 AM
 #3

Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.

 

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ranochigo (OP)
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May 24, 2014, 06:19:29 AM
 #4

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

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EndlessStory
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May 24, 2014, 06:43:22 AM
 #5

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.
ranlo
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May 24, 2014, 07:00:13 AM
 #6

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.

I'm 100% behind just buying Bitcoins instead of mining. Mining profitability goes down every single day. Bitcoins go up (not every day, but on average). It seems like a pretty clear choice. Mining is only worth it if you have a massive amount of money and feel like spending most of your time trying to maximize income.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
ranochigo (OP)
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May 24, 2014, 07:15:52 AM
 #7

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.

I'm 100% behind just buying Bitcoins instead of mining. Mining profitability goes down every single day. Bitcoins go up (not every day, but on average). It seems like a pretty clear choice. Mining is only worth it if you have a massive amount of money and feel like spending most of your time trying to maximize income.
I have around 2k to spend, how can i earn some revenue from that? since my electricity rates are really high.
-ranochigo

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ranlo
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May 24, 2014, 07:18:24 AM
 #8

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.

I'm 100% behind just buying Bitcoins instead of mining. Mining profitability goes down every single day. Bitcoins go up (not every day, but on average). It seems like a pretty clear choice. Mining is only worth it if you have a massive amount of money and feel like spending most of your time trying to maximize income.
I have around 2k to spend, how can i earn some revenue from that? since my electricity rates are really high.
-ranochigo

Buy Bitcoins. Seriously. It would be significantly more than that to get involved if you actually want to hit ROI (by more I mean 12k+ minimum). Anything under that and you're pretty much throwing money away. This is especially true with high electricity rates, since it means your income is dropping even faster.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
ranochigo (OP)
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May 24, 2014, 07:25:24 AM
 #9

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.

I'm 100% behind just buying Bitcoins instead of mining. Mining profitability goes down every single day. Bitcoins go up (not every day, but on average). It seems like a pretty clear choice. Mining is only worth it if you have a massive amount of money and feel like spending most of your time trying to maximize income.
I have around 2k to spend, how can i earn some revenue from that? since my electricity rates are really high.
-ranochigo

Buy Bitcoins. Seriously. It would be significantly more than that to get involved if you actually want to hit ROI (by more I mean 12k+ minimum). Anything under that and you're pretty much throwing money away. This is especially true with high electricity rates, since it means your income is dropping even faster.
Going to get some more cash now. Thank you for your help.  Smiley
-ranochigo

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bluefirecorp
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May 24, 2014, 07:53:31 AM
 #10

Remember, with every purchase there is a risk. Treat the BTC / USD market as the stock market. It can go up and down. There could be a massive sell-off of 1 million coins tomorrow, and quite literally take the market down at least 40-50%.

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May 24, 2014, 09:35:46 AM
 #11

I learned it from the CBT nuggets videos and they are free too be sure to check them out. Good luck.

http://bitcoin.cbtnuggets.com/

My BTC address : 1KfS1c14Tg2hgQEVz2bCJeFox6FpyYFvM6
ranlo
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May 25, 2014, 12:06:41 AM
 #12

Remember, with every purchase there is a risk. Treat the BTC / USD market as the stock market. It can go up and down. There could be a massive sell-off of 1 million coins tomorrow, and quite literally take the market down at least 40-50%.

It's worse than the stock market. This is basically a rogue area still. Anyone can do almost anything. There is no "insider trading." People can openly manipulate the market, etc. It's rewarding, to be sure, but it's also very dangerous.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
ranochigo (OP)
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May 25, 2014, 01:17:31 AM
 #13

Remember, with every purchase there is a risk. Treat the BTC / USD market as the stock market. It can go up and down. There could be a massive sell-off of 1 million coins tomorrow, and quite literally take the market down at least 40-50%.

It's worse than the stock market. This is basically a rogue area still. Anyone can do almost anything. There is no "insider trading." People can openly manipulate the market, etc. It's rewarding, to be sure, but it's also very dangerous.
I have saw a few price crashes, it is indeed quite risky. I'm going to use the funds that I don't need to use to buy some bitcoin. I think this is a risk I can take.
-ranochigo

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May 25, 2014, 01:38:28 AM
 #14

I am new to this new currency, can someone suggest me some websites to learn more about it?
~ranochigo

I would start out with the Bitcoin wiki.

And then I'd look into something like a faucet rotator to get some free coins to experiment with. It will help with the hands-on part.
Have a look here: http://www.youtube.com/results?search_query=bitcoin+explained
Many informative videos that will help you understand.
Good luck and post if you have any specific questions.
Thanks for all your help, I would like to know if bitcoin mining profitable anymore? What is ASIC, where can i purchase one?
-ranochigo

You can buy ASIC miners In many online shops for example this one : https://www.mining-asics-technologies.com/ (this Is just an example) and Is mining profitable? I would just buy bitcoins and keep them instead of mining, because look bitcoin went up $80 in few days! If you have  10 or more bitcoins that's over $800 profit, that's why you should buy bitcoins and keep them till they rise. If you have a lot to invest cloud mining at cex.io could be profitable If you are trading your Hash while mining. I myself just keep bitcoins.

i agree with buying because if you invest in generating you will make less and less each day. it's too far down the road to invest in sha256 asic unless you are going to drop $10k-50k and not expect ROI within a year

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May 25, 2014, 02:12:04 AM
 #15

The best website where you can get all info about btc is there official website i.e bitcoin.org

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May 25, 2014, 03:29:24 AM
 #16

bitcoin wiki and youtube  are my teachers  Wink

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May 25, 2014, 04:08:30 AM
 #17

To be honest, this forum is the best source of information I have found. Someone linked the bitcoin wiki -- that is a great source -- and this sub forum is very helpful in terms of getting questions answered. I find the Bitcoin Discussion forum to be quite informative, and the Press sub forum keeps me up to date. Good luck!! Cheesy
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May 25, 2014, 05:26:41 AM
 #18

Thank you for all your response, I have read through the sources and learned more about bitcoin.  Smiley
-ranochigo

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I am looking for a dev!


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May 25, 2014, 06:33:45 AM
 #19

HOLO,NEWBIE,NICE TO MEET YOU. Grin
nixon99
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May 25, 2014, 02:31:50 PM
 #20

this is a great resource of information and easy to read and understand.

https://multibit.org/faq.html

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