[TOTAL NEWB] How stable is bitcoin?

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DonBarruela

Newbie

Mar 4, 2016

16

2

• Mar 8, 2016

• #1

Any thoughts regarding on Bitcoin is much needed.

 

MonsterMag

Power Member

May 2, 2015

608

426

• Mar 8, 2016

• #2

 

Dougie8

Registered Member

Oct 6, 2014

97

17

• Mar 8, 2016

• #3

Yea that actually sums it up pretty well, its fine to use, I just wouldn't hold onto it in bulk

 

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towelfox

Junior Member

Jan 11, 2012

193

67

• Mar 8, 2016

• #4

Price charts for bitcoin at http://coinmarketcap.com/currencies/bitcoin/

 

Giuni

Power Member

May 14, 2009

764

372

• Mar 8, 2016

• #5

this might be good for you - https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.um002y1vz

 

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DonBarruela

Newbie

Mar 4, 2016

16

2

• Mar 8, 2016
• Thread Starter Thread Starter

• #6

Perfect. thanks.

I understand that its not really stable yet nor viable for bulk. I plan on mining in the near future.

Thanks.

 

Conor

Elite Member

Nov 7, 2012

3,621

6,217

• Mar 8, 2016

• #7

DonBarruela said:

I plan on mining in the near future.

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I'm no bitcoin mining expert, but I'm pretty sure this would be a total waste of your time. You would pay more in electricity than whatever you'd make with your machine mining 24/7.

 

Wilson Grant Fisk

Elite Member

Nov 10, 2012

15,677

46,846

• Mar 8, 2016

• #8

Conor said:

I'm no bitcoin mining expert, but I'm pretty sure this would be a total waste of your time. You would pay more in electricity than whatever you'd make with your machine mining 24/7.

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Yeah, forget mining now. If you want to get involved with it then just buy some and hold onto it and hope for the best.