Bit coin base on what ??
Bitcoin just surpassed gold @ $1175, other alts pumping super hard too
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 Jan 5 2017, 06:32 AM
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#1
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654 posts Joined: May 2011 From: SOVIET SARAWAK 
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Jan 5 2017, 06:45 AM
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#2
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654 posts Joined: May 2011 From: SOVIET SARAWAK
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=.= not too assuring but ill take your word on it.. from what i know bitcoin .. They make bitcoin by mining. You can do it yourself too but seems it takes a lot of time and hardware to do it.
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Jan 5 2017, 06:52 AM
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#3
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QUOTE(WooTz @ Jan 5 2017, 06:50 AM) good luck with mining, you need like a couple million upfront for mining hardware to be able to compete with the Chinese cartels. oh and you need close to free electricity too. $1133 now Why need to compete ?? just mine a bit for own use lerrr.. i don't need to make billions. Hundreds ok ler...   |
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Jan 5 2017, 07:13 AM
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#4
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654 posts Joined: May 2011 From: SOVIET SARAWAK
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QUOTE(WooTz @ Jan 5 2017, 06:55 AM) you need a ridiculous amount of hashpower to offset your initial investment and generate profits, for that to happen you need millions of dollars and a warehouse to see meaningful return. Sadly i'm not into Bitcoin maybe my bro will since he is a tech engr, i prefer to be aqua-farmer, my target to feed the masses .. if you ask me, where i live, i can build myself a small hydro power plant and mine bit coin. Will that reduce the cost ? cause i saw people selling device just to mine bit coin and it just takes GPU to mine bit coin the "how to do Bit mine" is all over the web. The main thing for it is POWER.. Self Made Hydro power is free. you can just diligently do a daily/weekly/monthly purchase and ride the pump. $1145! But in the end.. human will always need to eat until they depart the world. |
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Jan 5 2017, 12:25 PM
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#5
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QUOTE(WooTz @ Jan 5 2017, 12:17 PM) Gold price surpassed, now we wait for mainstream media to bring in the larger fomo crowd. looks like in need to put some gram in my gold account. [attachmentid=8360017] [attachmentid=8360018]  |
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Jan 5 2017, 12:32 PM
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#6
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QUOTE(WooTz @ Jan 5 2017, 12:27 PM) Very fascinating to watch the entire space glowing with green, well except ripple.... I don't understand .. How bit currency stock works ? They all trade in bit currency but all have different value. [attachmentid=8360065] |
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