Bitcoin tumbles 25% in hours
Posted: Wed Apr 10, 2013 3:20 pmThere will be AT LEAST 1 dozen 25% moves over the next 2 years.
Investors be wary. Don't short and don't long
Use them if you need to or want to but don't "invest" Page 1 of 1
Posted: Wed Apr 10, 2013 3:20 pmRe: Bitcoin tumbles 25% in hours
Posted: Wed Apr 10, 2013 3:24 pmJust like it went up.
There will be AT LEAST 1 dozen 25% moves over the next 2 years.
Investors be wary. Don't short and don't long Use them if you need to or want to but don't "invest"
There will be AT LEAST 1 dozen 25% moves over the next 2 years.
Investors be wary. Don't short and don't long
Use them if you need to or want to but don't "invest" Re: Bitcoin tumbles 25% in hours
Posted: Wed Apr 10, 2013 10:44 pmperhaps the best way to deal with Bitcoins is to mine them.
But that is getting progressively more difficult I hear....
Maybe best if you can get free electricity. If I were in college dorm, I'd be mining 24x7, ahhahahaha
But that is getting progressively more difficult I hear....
Maybe best if you can get free electricity. If I were in college dorm, I'd be mining 24x7, ahhahahaha
Re: Bitcoin tumbles 25% in hours
Posted: Wed Apr 10, 2013 10:50 pmDTEJD1997 wrote:perhaps the best way to deal with Bitcoins is to mine them.
But that is getting progressively more difficult I hear....
Maybe best if you can get free electricity. If I were in college dorm, I'd be mining 24x7, ahhahahaha
Unless you buy an ASIC machine you are still wasting your time now and they are pretty pricey. This is a unit that is delivered in about a month:
http://www.ebay.com/itm/321102915914?ss ... 1438.l2649
Sold for $38,200. (No I was not the winner)
Re: Bitcoin tumbles 25% in hours
Posted: Fri Apr 12, 2013 2:12 pmHmmm:
Color me skeptical. if these machines could mine that much, AND bitcoins are worth that much, why would you sell them? Keep them for yourself and mine as much as you can. Or maybe keep them for two months, mine, and then sell them....Bitcoins are eventually all going to be mines.
Also, delivery in 1 month has a bad way of always being a couple of weeks away...
If they are as profitable as they say, the correct business is to mine them and not sell the mining machines.
Color me skeptical. if these machines could mine that much, AND bitcoins are worth that much, why would you sell them? Keep them for yourself and mine as much as you can. Or maybe keep them for two months, mine, and then sell them....Bitcoins are eventually all going to be mines.
Also, delivery in 1 month has a bad way of always being a couple of weeks away...
If they are as profitable as they say, the correct business is to mine them and not sell the mining machines.
Re: Bitcoin tumbles 25% in hours
Posted: Fri Apr 12, 2013 2:21 pmThey are real and have been confirmed to be really mining.
The reason you sell rather than mine is that Bitcoin prices are volatile. If you get out with a $38,000 pay day now you have zero risk. If you mine you take the risk.
The reason you sell rather than mine is that Bitcoin prices are volatile. If you get out with a $38,000 pay day now you have zero risk. If you mine you take the risk.