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[Help] bitcoin profitable OR just a myth today?

Discussion in 'CryptoCurrency' started by scararm, Jan 6, 2016.

  1. scararm

    scararm Regular Member

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    For now Im a complete newbie in this field of bitcoin, but my interest start yesterday, when I read about a newspaper, that someone bought a property and pay with bitcoin.

    so Ive been reading about it, about bitcoing minin ( someone say is not profitable anymore), buying bitcoin using any currency as US dollar, crypto, other indicate like buy PC for create a bitcoin network or something like that, another method is to buy terahash servers on ebay, something like cloud mining, and more.

    but for now at this time, today, what is the best method to make bitcoin, and Im talking about complete bitcoin, no satoshi or 0.00000001?
     
  2. onelettershor

    onelettershor Supreme Member

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    If you want a tiny amount of bitcoin there are many faucets out there.

    however some people DO mine which means that obviously there must be something happening for them.

    Most people just exchange it in my opinion.
     
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  3. nirose

    nirose Senior Member

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    If you are smart you may make a profit with Bitcoins. If not you're just funding the dark web for illegal activities.

    While you buy virtual money for real money, the dark web uses it to exchange it for real money or for shady stuff.

    My advice, don't purchase it. gather it with services or small gigs or faucets.
     
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  4. scararm

    scararm Regular Member

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    thanks, actually I dont have money to buy bitcoin with real dollars, so how do I get it as you recommend with ( gather it with services or small gigs or faucets)

     
  5. SeoWrecker

    SeoWrecker Jr. VIP Jr. VIP

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    Mining bitcoins is a total waste of time. Simply buy them.
     
  6. IMbuddy2020

    IMbuddy2020 Registered Member

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    There isn't much profit in Bitcoin mining. Some people do trading with Bitcoin (similar to share trading)and make money. You need to have some technical analysis skills to do so.
     
  7. Carlosse

    Carlosse Junior Member

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    Mining bitcoins requires a very expensive infrastructure if you really want to make money, and electrical bills, so you may end up wasting more money than the coins value. so not a great idea, unless you have any competitive advantage, and it does not look to be the case.

    buying bitcoins is a good strategy, cause its value will increase or decrease over time, it´s like investing in stocks, so if you dont have money, that´s not a good idea either.
     
  8. DJPaulyD

    DJPaulyD Power Member

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    What some creative people do is they go around and they figure out a way to "empty" those BitCoin faucets. I'm not encouraging this type of behavior, but it does happen.

    Instead of getting in on BitCoin in 2016 (when the price is several hundred per coin) your best option is to research the niche, create a unique coin with new feature's (which is really hard to do, but still possible) and make 1000000% profit.
     
  9. michaeljarvan

    michaeljarvan Registered Member

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    anyone heard of capricoin?