Not just yet. But I may do once I get them.Allaboutcams said:
BITCON... WHY its totally FLAWED
- Thread starter 1for1
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pro$pector
New Member
RetardedMonkey said:
I personally think we are only beginning the media awareness stage - I think true mania is still to come and the BTC price might well end up near 4 digits before it really drops.
The consolidation in the $140's was met with decent selling, the price stalled for a few days, and then it resumed the climb...I think if the "crash" was near it would have been then.
Mind you though, I'm probably bias considering how many BTC I am holding right now that I paid nearly $130 AUD for...maybe I'll be one of the ones to get burnt big time! :lol:
I've neglected BTC pretty much. Mostly trying to get position in all the alternative crypto-currencies.
Though this is more of a high risk type thing for me now.
Though this is more of a high risk type thing for me now.
southerncross said:
It's called "cold storage": basically instead of having your coins hosted by a third party, you go offline and create a bitcoin address and it's matching private key (understand password) that you print on a piece of paper. The private key is not stored and does not exist anywhere but on this price of paper you have printed. Since you have created it being offline, it cannot be hacked/copied/stolen electronically. If you lose it though, you lose your coins. You then send your coins to this bitcoin address and they are safely stored. When you want to retrieve them, you can import the private key and get the coins back if you want to sell them or buy something. You can create as many addresses like that as you want. No third party risk but your responsibility to keep the private key safe!
pro$pector
New Member
hawkeye said:
Yeah it hurts all right at that price, but then I remember it's all profit I'm buying with, have bought big at $10 - $13 and $48 and since cashed them out at around $110.
Even if I loose 100% of what I have invested right now, I'm still in a 5 digit profit since December, so I'm pretty comfortable right now.
LTC was great yesterday too, picked up quite a swag of them privately for well under $3 each in the morning over a few bank transfer trades and was selling them for like $3.60 - $3.80, I used them to convert to BTC at $10 under Mt Gox rate on BTC-E.
LTC seems to go through some decent pumps for sub $3 back to near $4 almost every day...good trader!
Its just too easy right now, which worries me.
I know the moment I sell at $4, it won't drop to $3 and it'll go to $5pro$pector said:
You' think I would have made more with Litecoins/Bitcoins but I really haven't - I think I was too slow to throw too much money at it.
http://www.ebay.com.au/itm/Avalon-A...&prg=1006&rk=1&sd=321102915914&#ht_955wt_1198
Who wants a share of one of them
Would be great having a SS'er buy one and mine for us, I'd be up for a 10% stake in some mining machine!
Who wants a share of one of them
Would be great having a SS'er buy one and mine for us, I'd be up for a 10% stake in some mining machine!
grinners said:http://www.ebay.com.au/itm/Avalon-A...&prg=1006&rk=1&sd=321102915914&#ht_955wt_1198
Who wants a share of one of them
Would be great having a SS'er buy one and mine for us, I'd be up for a 10% stake in some mining machine!
I like the idea Grinners!
I have no practical knowledge around mining, but I would be in for 20% if we had one SSer willing to look after it and enough people to cover the whole cost!
My big concern with ASICs is just their availability.
The fact there's been bugger all shipped yet as well.
The fact there's been bugger all shipped yet as well.
pro$pector
New Member
RetardedMonkey said:
Probably because all the currently produced units are being used by the companies who produced them for mining themselves...they would make a shitload more using them for mining BTC than selling them.
If you look at the Coinotron stats, people are getting 40,000 MH/s + hashrates!
A lot of these aren't ASICs though, they're just larger botnets.pro$pector said:
Yeah... that's frustrating to look at. If I had put all my money I've put into silver into Bitcoins just at the start of this year, I'd have enough money to buy my own house outright :\
Instead, I've got less than what I began with...
Instead, I've got less than what I began with...
1000 not looking so outlandish now. Even if it does correct now it should have another run sometime in the next few years.
I'm hoping it does but starting to think that it might not. Still not selling.
How many people with btc keep going to the calculator and recalculating the value of their bitcoins? I'm guilty of that at least a hundred times in the past few weeks.
I'm hoping it does but starting to think that it might not. Still not selling.
How many people with btc keep going to the calculator and recalculating the value of their bitcoins? I'm guilty of that at least a hundred times in the past few weeks.
Anyone with 5800 bitcoins or more is a millionaire now and that number keeps dropping. At 10 that would have cost you $58,000. Eventually it'll get to the amount I've got. I hope Still a long way to go though.
Makes you wonder how many have a certain number at which they figure they'll cash out.
Still a long way to go though. Makes you wonder how many have a certain number at which they figure they'll cash out.
You could've had enough for two houses if you'd bet all your money on Geelong when they were down by 40...RetardedMonkey said:Yeah... that's frustrating to look at. If I had put all my money I've put into silver into Bitcoins just at the start of this year, I'd have enough money to buy my own house outright :\
Instead, I've got less than what I began with...