Silk Road forums
Discussion => Off topic => Topic started by: Jack N Hoff on June 13, 2013, 10:39 pm
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To whoever just dumped 14,000 coins on Gox! >:(
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butterfly labs dumping all their coins i bet. Thats why it took forever to get their machines out, they probably were using them to mine
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Did you see that guys post on bitcoin talk about how rude they are to there waiting customers , calling them a bunch of cocksuckers ect .
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That's a fucking bummer.
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Sold @ 108 Jack. 8)
Crossing my badass fingers and hoping for a dip to 90.
Let's ride this thang ponyboy
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Did you see that guys post on bitcoin talk about how rude they are to there waiting customers , calling them a bunch of cocksuckers ect .
ya they are dicks. They have no idea how to run a business
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Aaaah...That's the reason why!
Bloody Assmotherfuckers!
Fuckin 14k BTC...
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butterfly labs dumping all their coins i bet. Thats why it took forever to get their machines out, they probably were using them to mine
This is a point that I was making. If ASICs could pay for themselves in 9 days or whatever, why would BFL sell them? Just run them all and in the first 100 days they'd make 11 times as much money as if they sold them.
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interested in mining. trying to do my own research for rigs etc. if anyone wants to pm me and point me in a direction would be much appreciated
have about 20-25k to invest. Thinking of doing a 5-7 machine setup in a room ONLY mining 24/7.
Defs interested in BTC. Wondering if LTC mining would be worth it?
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interested in mining. trying to do my own research for rigs etc. if anyone wants to pm me and point me in a direction would be much appreciated
have about 20-25k to invest. Thinking of doing a 5-7 machine setup in a room ONLY mining 24/7.
Defs interested in BTC. Wondering if LTC mining would be worth it?
I'd invest in actual coin with that kind of money
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I'd invest in actual coin with that kind of money
Would you invest in gold, or the gold mine?
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I'd invest in actual coin with that kind of money
Would you invest in gold, or the gold mine?
I don't know. Is the gold mine getting more people mining in it everyday and running out of gold? Hmmmmmmmm
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I'm sure there's still quite a bit of BTC floating around. And do you think BTC will be the be all and end all? There will surely be other crypto-currency. Just like there will always be other black markets. If BTC falls, another will rise. I think too many people depend on being anonymous for BTC to be the only ever crypto currency that is used.
But that could also be because I think you mean "invest in coin" like "invest in stocks" you're just buying and selling all the time, going with the fluctuations of the market. 25k today gets me around 220 BTC (just going off general exchange rate) or around 204 BTC (after agent fees). The most I've seen in recent days BTC go to is around $129 AUD mark. even if it went to that I would only make a few grand. There would have to be some massive shift like the prices to jump back up to $200+ again to make any kind of decent profit from that.....unless "investing in coins" is "investing in drugs" in which case, I'm trying to do something different with this, I have that avenue being sorted too.
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They will be over $500 in the future and if another crypto currency doesn't take over, they will be over $1,000. Also, mining keeps paying less and less. That shit keeps doubling in difficulty and becoming more decentralized. More and more people keep mining. Everyone is getting ASICs. Miners will eventually be making more off of transaction fees than they do off the measly bitcoins that they are able to mine.
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They will be over $500 in the future and if another crypto currency doesn't take over, they will be over $1,000. Also, mining keeps paying less and less. That shit keeps doubling in difficulty and becoming more decentralized. More and more people keep mining. Everyone is getting ASICs. Miners will eventually be making more off of transaction fees than they do off the measly bitcoins that they are able to mine.
yeah but how long in the future? That's what I'm saying this amount isn't that huge that I can just buy and sit on it 1-2-3-5 years waiting for rises. I'd probably do that when I have 250k rather than 25k. I'm looking at faster and decent return of rates.
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I'd invest in actual coin with that kind of money
Would you invest in gold, or the gold mine?
Gold.
The price of bitcoin can double or even triple in a matter of weeks. If you buy mining rigs, which would be asics, there is quite the waiting list and then it will take you time just to even make back that investment( +pluss electricity). Now imagine you buy coins and the price doubles this month/