KaChingCoinDev (OP)
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March 06, 2015, 12:09:07 AM |
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
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Script
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March 06, 2015, 12:14:44 AM |
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How about saving so it can be much more useful in the future when it will probably worth a lot more.
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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March 06, 2015, 12:17:25 AM |
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you should find something nice you could use on ebay and just buy it. Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all. Trading altcoins, lending .. whatever you do, with that small investment wont get you far. I know its not what u wanted to hear, but it is what it is.
cheers
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Snipe85
Sr. Member
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Activity: 756
Merit: 250
Infleum
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March 06, 2015, 12:17:32 AM |
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
It depends. If you need reputation try the loans. If you treat mining as a hobby and have cheap power you could buy a miner. Maybe you just want to have some fun. Invite your friends for some beer and pizza.
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KaChingCoinDev (OP)
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March 06, 2015, 12:17:57 AM |
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How about saving so it can be much more useful in the future when it will probably worth a lot more. Okay, I will consider that. I might just put aside the $25 every week from the sig campaign, and then I have $1,300 at the end of the year. And if BTC is up...
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KaChingCoinDev (OP)
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March 06, 2015, 12:18:49 AM |
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you should find something nice you could use on ebay and just buy it. Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all. Trading altcoins, lending .. whatever you do, with that small investment wont get you far. I know its not what u wanted to hear, but it is what it is.
cheers
LOL I don't care about it being what I don't wan to hear. So what do you suggest?
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KaChingCoinDev (OP)
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March 06, 2015, 12:19:11 AM |
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
It depends. If you need reputation try the loans. If you treat mining as a hobby and have cheap power you could buy a miner. Maybe you just want to have some fun. Invite your friends for some beer and pizza. Is $0.14 KWH cheap?
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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March 06, 2015, 12:27:08 AM |
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you should find something nice you could use on ebay and just buy it. Investing 20-50$ wont get u far, and from my experience it will only bring you small profits that u will later on try to increase exposing yourself to greather risk, and in the end u will just loose it all. Trading altcoins, lending .. whatever you do, with that small investment wont get you far. I know its not what u wanted to hear, but it is what it is.
cheers
LOL I don't care about it being what I don't wan to hear. So what do you suggest? Read first line of what i wrote; just find something nice for yourself with that budget and buy it, and i dont mean a miner or similar, but something for fun like a necklace for your gf, night out with ur buddys, a hat .. anything. Investing it will be a waste of time, unless u can hold it for decades .. Is $0.14 KWH cheap?
Its pretty cheap, yes, but that doesnt mean the miner will pay it self out. cheers
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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March 06, 2015, 12:27:26 AM |
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All into shitcoins!!
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Script
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March 06, 2015, 12:36:54 AM |
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All into shitcoins!!
Actually, this is a good idea, reserve one "paycheck" and buy litecoin with it, it might be a good payoff in the future.
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bitcoin_bagholder
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March 06, 2015, 12:56:26 AM |
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Why don't you just hold on to it.
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Bitmixer sucks
Bit-X sucks
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Possum577
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March 06, 2015, 12:58:01 AM |
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Save it or spend it on something in at a local pizzeria or cafe that accepts BTC.
Successful mining costs a lot more than what $50 can get you and mining alt coins is a waste. The alternatives to bitcoin are just temporary noise. They'll be long gone.
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Nerazzura
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March 06, 2015, 01:52:19 AM Last edit: March 06, 2015, 04:31:16 PM by Nerazzura |
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
The capital is used for rental miner later. Unless you have a tool mind miner.choose POW coins short period (proof of work) or activities of the coin mining.must own wallet and coins that have the pool.choose premine 0 or premine reasonable.
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ronaldo40
Legendary
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Activity: 1554
Merit: 1014
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March 06, 2015, 02:32:52 AM |
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try gambling, if you are smart in gambling, it would be something big
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KaChingCoinDev (OP)
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March 06, 2015, 02:33:28 AM |
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try gambling, if you are smart in gambling, it would be something big No, gambing is not an option.
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bitwarrior
Legendary
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Activity: 1764
Merit: 1000
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March 06, 2015, 02:36:32 AM |
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
Try saving it until it will be a bigger sum and then try day trading on altcoin exchanges to increase your btc further. Just dont invest all your coins on one coin, learn to diversify.
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Webnet
Full Member
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Activity: 182
Merit: 100
DaDice! Next Generation Dice Game
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March 06, 2015, 05:27:22 AM |
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play dice. I see there are a lot of casinos here
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viboracecata
Legendary
Offline
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
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March 06, 2015, 05:55:43 AM |
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play dice. I see there are a lot of casinos here
Actually, this is best way to use your small amount of bitcoins Invest into altcoins, the risk even bigger than gambling
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redsn0w
Legendary
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Activity: 1778
Merit: 1043
#Free market
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March 06, 2015, 06:09:09 AM |
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I also suggest you to save your bitcoins, when you will reach a good amount then you can start to think to buy whatever you want (using them). The other option could be the dsyTrading of altcoins (but it is so risky).
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