Anyone end up investing in Bitcoins?

“long term” investing 3 years :lol: :lol:

what I was told by somebody in the game, is that any money spent on building a rig at this point is silly because you could play options or just buy bitcoin with the same money and do equal or better. IF you already have the stuff, that’s different.

There are other coins you can mine that are profitable.

mining bitcoins has been pretty much not feasible for a while now, unless you got in a long time ago and have the hardware, you aren’t going to see a return. you really need a dedicated asic miner to make anything off them, its not possible with a “normal” computer anymore

I mine ETH with my rig at home, though its just a dual video card gaming pc, there’s also diferent coins you can mine with your processors as well

as I type this to you from work, logged into my home pc, which is mining ETH and ZCASH at the same time :slight_smile:

LoL just gotta beat the tax man!

That’s IF a second coin is given to us, from what I’ve been reading it’s likely but not guaranteed. I was going to move my bitcoin from CoinBase to GDAX so I can set up a stop limit order. If the price ends up dropping catastrophically I want to reduce my losses. Say whatever it’s priced at a day or two before, I’ll set up a stop order for 500 bucks under the current price.

From the info that i’ve read through coinbase and other places is that we will get our coins, equal amount. I’m going to take a gamble and roll with it, whatever happens, happens at this point for me, cost me nothing to get into it, so who cares?!?!

This was actually in the context of Ethereum as bit-coin is really too late. What do you like?

No idea we had a guy at work who did a break down of costs/profit and has been mining for 6 months making money.

I don’t care enough to mine :frowning:

Coinbase and GDAX both state they will give us matching amount of B2X. I’m debating whether to sell them right away or not. It looks like general consensus is that this fork isn’t in favor among most of the community (besides miners).

I came across this today but has anyone considered investing in crypto stocks that are listed on NASDAQ and TSX? Hive Block chain technologies and riot blockchain are just 2 that I came across this morning. All are under 5$. God does anyone feel super irresponsible/horny when investing their money in crypto? The ultimate goal is that this technology is adopted mainstream and we all make some great cash (because I actually believe in the tech and do not believe it to be a ponzi scheme),

but I can’t help but feel like some low life degenerate on his 40th cigarette at the casino every time I’m putting money into this stuff.

I just have a couple grand into it hoping that someday it goes mainstream and rockets to like $1M…chances are though it will drive inflation through the roof and ill be buying shit with it instead of cashing out.

I’ll have to look into the stocks,i know nothing about them at this point. didn’t know they existed hah

I went through these 11 stocks and a few random others and I’ve become pretty interested in HIVE. I watched their corporate presentations, their business structure, and overall compared to other companies in this realm they have their financial sheets open for viewing and seem much more professional. They’re around 4$ a share, I’m gonna jump in if anything at 100 shares and add up from there. I may wait till after the hard fork. I question myself at times if I’m just having fun or legitimately investing in this “sunrise” industry, it’s all about HODLing! I’m no crypto expert, but even big name companies like Microsoft and UPS for example are investing in blockchain technology.

y’all ok?

More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports.

Effectively, a user accidentally stole hundreds of wallets simultaneously, and then set them on fire in a panic while trying to give them back.

I’m Okay! I use cold storage baby.

Also had to open an account with Etrade. Fidelity wants FIFTY bucks to transact the stock HIVE because it’s canadian, but they dont do that for BLOZF, wtf!

I have lost nothing!

goof time to get in when this sell off levels off…

BCash has dropped a ton after a huge FAKE pump, and bitcoin seems corrected at 6300. I’m HODLing so it doesn’t matter to me, but I’ve gotten in at 4500, 5500, and 7000. My ethereum and ripple are doing nicely.

Got some at $56XX today :lol:

Very nice! I’m cost averaging so whenever I get paid every two weeks I buy a couple hundred bucks worth no matter the price, I’m HODLing till I enough enough for an 05 Ford GT