the question is when. When will Gold come down? Or Apple stock? Or the price of diamonds?
Bitcoin just hit $75 again this morning.
bitcoin's going up
- Thread starter abyssal_miss
- Start date
Bitcoin just hit $75 again this morning.
c0rrup
Regular Member
- Jul 11, 2009
- 279
- 133
I bought $1000 worth of bitcoins @ $9 back a few months ago and forgot about them, when my buddy reminded me about them and I saw the price @ $70+.
I made $8500~ by accident on Bitcoins, however I am staying FAR FAR AWAY. It's a bubble and it's going to pop near $100.
I made $8500~ by accident on Bitcoins, however I am staying FAR FAR AWAY. It's a bubble and it's going to pop near $100.
acedouble7
Regular Member
- Dec 24, 2012
- 266
- 16
yah you're right on that one... nobody knows otherwise everyone would be rich
acedouble7
Regular Member
- Dec 24, 2012
- 266
- 16
usually if it breaks resistance it'll go higher before correcting
seojessica
Newbie
- Mar 20, 2013
- 29
- 0
what's the easiet way to download bitcoins? I have the bitcoin program but I goofed something up along the way.
Was curious to see how well my new computer would mine.
Thanks!
Was curious to see how well my new computer would mine.
Thanks!
acedouble7
Regular Member
- Dec 24, 2012
- 266
- 16
can't seem to find it on Google finance, where does it trade ?
- Jun 30, 2007
- 1,725
- 2,023
It won't mine well unless you're rocking multiple high-end GPUs.
And it's pretty hard to goof anything, you just download a miner, join a mining pool, paste in your pools host, miner name and password, and click go. You'll probably pay more for electricity than you will earn daily, though.
Lol I hope you're joking. Anyways mtgox.com is the biggest, btc-e.com is also good.
c0rrup
Regular Member
- Jul 11, 2009
- 279
- 133
It's a currency....
artizhay
BANNED
- Nov 21, 2010
- 1,867
- 1,340
I guess you missed the ~22% year drop in AAPL. Or the 4.5% YTD drop in gold futures. What went up came down.
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MonoPuff
Junior Member
- Apr 29, 2009
- 184
- 116
check out https://mtgox.com/
Also the ASIC miners are getting expensive and hard to come by. Some people are buying them for $1,200.00 then reselling the 'rights' to use the machine for $9,600 and it still being stored at their datacenter.... doing anything other than buying a GPU/ASIC farm is not going to make you money....
gold futures? wtf?
4.5% drop after how big of a rise? Gold was under $300 just a decade ago. So, it hasn't quite "come down" yet. It's still way the hell up there.
I'm not questioning that they CAN come down. I'm questioning WHEN they will come down. 4.5% is not coming down, and neither is 22%, especially after gains of 100+%.
It's like saying, well, everyone dies, so no point in living.
this is why I prefer to invest in ASIC mining companies. They do make money, and it is profitable for them, so I get some of that profit.
i didn't think of that when investigating BT. I still have issues with investing in a "company" especially when i do not have voting rights.
they could dissolve the entity, start up a new one, transfer all the money/ hardware/knowledge and you are left with a fat zero.
the biggest lure to me was seeing the opportunity to buy hardware at $1200 that makes you ~$300 a day after bills.
4 days you would have your investment back, there isnt anything in this world that gets you that kind of ROI unless its a crackwhore and a hotel room...
4 days you would have your investment back, there isnt anything in this world that gets you that kind of ROI unless its a crackwhore and a hotel room...
- Jun 30, 2007
- 1,725
- 2,023
Yeah if you got ahold of one of the 1st 2 batches from avalon, within 2 weeks you'd be making that kind of money (or now if you got batch 1). If butterfly ever ships, they're going to flood the market and those $300 days are going to turn into $20-30 days pretty quick, which is still pretty decent. But after a while, the machines will become unprofitable to run, especially when the reward cuts in half from 25 BTC per block to 12.5 BTC per block, with an insane difficulty level. At that point either ASIC v2 will need to come out, or the only ones making money are going to be the guys who own ASIC farms. The difference between ASICs and GPUs is that eventually $1300 ASICs will become $1300 doorstops, and GPUs can always be resold since they still serve their original purpose.
yeah, it's not without risk. The company I invested in, I have already received my investment back, like within the first month, so I'm not worried about it. It is paying about 1.5-2% a week, so it's a decent return, really. There's a lot of transparency in the serious companies.
goldendeli
Regular Member
- Nov 21, 2012
- 313
- 39
Quick question, what is the best marketplace to buy and sell bitcoins?