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Author Topic: Mining  (Read 2135 times)
Savisaar (OP)
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February 23, 2015, 05:42:32 PM
 #1

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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os2sam
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February 23, 2015, 08:13:06 PM
 #2

I would use an exchange.

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
Savisaar (OP)
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February 23, 2015, 09:05:31 PM
 #3

What you mean by "exchange"?
ncsupanda
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February 23, 2015, 09:10:26 PM
 #4

Here are some places:
http://coinmarketcap.com/currencies/bitcoin/#markets

Here are some more:
https://en.bitcoin.it/wiki/Category:Exchanges

When going from Paypal to BTC there is the danger of chargebacks - leading to most if not all places not accepting it.

Do more research before you invest in Bitcoin, and don't invest anything you can't afford to lose.
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February 23, 2015, 09:13:45 PM
 #5

What you mean by "exchange"?

A business that exchanges bitcoin for local currency or vice versa.

Here is another listing with current prices.

http://bitcoinwatch.com

A: Because it messes up the order in which people normally read text.
Q: Why is top-posting such a bad thing?
A: Top-posting.
Q: What is the most annoying thing on usenet and in e-mail?
ChuckBuck
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February 23, 2015, 11:00:28 PM
 #6

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

No.  Here's where you go to buy BTC with PayPal:

https://brawker.com/help/how-to-buy-bitcoins

CharityAuction
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February 24, 2015, 12:01:41 AM
 #7

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

No.  Here's where you go to buy BTC with PayPal:

https://brawker.com/help/how-to-buy-bitcoins

Is that site ok to use?
ChuckBuck
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February 24, 2015, 04:19:14 PM
 #8

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

No.  Here's where you go to buy BTC with PayPal:

https://brawker.com/help/how-to-buy-bitcoins

Is that site ok to use?

Sure it is.  Here's a recent review done by Coindesk:

http://www.coindesk.com/review-brawker-lets-buy-almost-anything-bitcoin/

Similar to Purse.IO, but not limited to Amazon.

Here's a video about how Brawker works also:

https://www.youtube.com/watch?v=M0-aZit2oI8

CharityAuction
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ColdScam
hedgy73
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February 24, 2015, 04:33:22 PM
 #9

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

No.  Here's where you go to buy BTC with PayPal:

https://brawker.com/help/how-to-buy-bitcoins

Is that site ok to use?

Sure it is.  Here's a recent review done by Coindesk:

http://www.coindesk.com/review-brawker-lets-buy-almost-anything-bitcoin/

Similar to Purse.IO, but not limited to Amazon.

Here's a video about how Brawker works also:

https://www.youtube.com/watch?v=M0-aZit2oI8

That's great thank you I'll give it a try Smiley.
waterpile
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February 25, 2015, 01:05:24 AM
 #10

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

No.  Here's where you go to buy BTC with PayPal:

https://brawker.com/help/how-to-buy-bitcoins

Is that site ok to use?

I think you still need to undergo a verification process in order to make a transaction
Bananana
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February 25, 2015, 04:24:36 AM
 #11

Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

hashnest have the cheapest hash so far, but the maintenance charges is really high. Its a gamble if you can ROI from hashnest or not.

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