Discussion in 'BlackHat Lounge' started by RushingWind, Apr 9, 2013.
Guys, i would really appreciate it if anyone could help me on this :
My specs :
Notebooks don't perform well, especially something like mining bitcoins which pushes CPUs to their limits.
Even when my computer shows that it has 8 cpus?
cpu mining is useless,gpu mining is almost useless. With a gefore 230m it will take you a few months to generate 1coin.
I really think you will burn out your computer before you have earned enought btc to buy a new one
You actually have 4 cores, 8 threads. Nothing special. Would still take a tremendous time before you could get your first BTC.
well atleast your cpu is better than mine
I can hear the fan on the notebook whining away as we write this. Actually, you'll never cover the cost of the electricity even with a notebook.
Oh! well it was a long shot trying to mine solo. Any suggestions for good pools?
Asic is where its at now, but not for long. With the new asic units coming online I see the difficulty going up to around 100,000,000 within the next 8-9 months.
Seriously. Like 18 fucking BTC threads per day now. People think BTC investing and mining are like the cool, easy ways to make money online now. You're never going to get anywhere with mining and investing is entirely speculation. When you have a currency that fluctuates as wildly as increasing almost 200% in about a week - something unheard of in any respectable security, not even volatile penny stocks other than those involved in boiler room operations without crashing hard soon after - you're kidding yourself when you think you can safely make money off of BTC, through mining or investing.
Bitcoins are interesting to watch because its the first of its kind. But watch is all I am doing.
You just hatin' cuz you don't have any?
Although all of these threads get annoying, I find it entertaining seeing everyone's reaction towards the whole bitcoin "scene". I can't wait to hear some crazy stories after the currency crashes
You oughto read properly before posting.. I asked how to find the hash speed. I never said that It would be great for mining.
I've made about 6000+ dollars from bitcoin. It's at 230 right now. Momentum is not stopping! Don't you see all of the news and threads popping up means it's a raging bull?
Bitcoin is not a security, and it's not a typical currency. The same rules don't apply.
I will agree that mining is a complete waste of time, for 99% of us.
All you're doing is talking, and clearly I'm not the only one you're pissing off. If you think it's overbought, short it. Sell puts to people for your target price. I'm sure someone on some thread will pay you in cash to buy the contract. You don't get it. This doesn't just take overbought and oversold conditions and act on those. Even in a security, all of the indicators are arbitrary. There is no perfect formula to determine this. The idea of bitcoin is more powerful than the dollar, or stocks. That's why it's taking off. People all over the world can now trade money without the government and banks getting their sticky hands on it. The popularity has nothing to do with volitility, or bolinger bands, or whatever else you learned from your short investment experience. Do you know how many times I've seen you say "bolinger bands"?
And for fucks sake, stop telling people they're stupid. Act like an adult. Try to be capable of acting in an intelligent and mature fashion. Most of your comments at people art "your brain is so small" "you can't comprehend the power behind my far superior intellect." No offense there buddy, but you're insecure. Chill the fuck out.
That's because you insulted him.
I've made about 6000 dollars from bitcoin. Over 6000.... I've got about 30 of them now. Almost at 7000 dollars. Throwing earnings in your face proves you wrong. Rep doesn't matter, neither does thanks, or acting like you're right. You're so smart and knowledgeable about bitcoin.... go make some fucking money from it and stop telling people they're stupid! If you're such a genius, and you think it's going down, go short it. And don't you dare tell me that isn't possible.
Why did you click on the link? Tell us more about bolinger bands.
I already reported him. Maybe you could too
Thread cleaned, no more flames please.
And @artizhay: Chill dude, what you think is a good investment or not, doesn't bound other people 's money. Calling them names because they don't agree with your view of what a good investment strategy is makes no sense.
Our hero! thanks man!
thread took a new way lol...calm down...
Separate names with a comma.