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re: Do any of you own bitcoin?
Posted on 4/27/15 at 7:06 pm to texag7
Posted on 4/27/15 at 7:06 pm to texag7
i mine it and other cyptocurrencies. i day trade too. i've doubled, almost tripled my ROI on the miners and done moderately ok in the trading.
to paraphrase satoshi nakamoto... there will either be tons of bitcoin transactions in 20 years or none.
quote:
what's your opinion on its long term survivability?
to paraphrase satoshi nakamoto... there will either be tons of bitcoin transactions in 20 years or none.
2
Posted on 4/27/15 at 7:22 pm to ehole
quote:
i mine it and other cyptocurrencies. i day trade too. i've doubled, almost tripled my ROI on the miners and done moderately ok in the trading.
I've seen some of the "mining operations" in data centers, and they aren't cheap, and just running them costs thousands, tens of thousands of dollars a month in just electricity for the servers and cooling them.
All to solve deep web riddles for monopoly money.
I don't get it.
But I'm open minded, if you can explain it to me a little better, or differently.
Posted on 4/27/15 at 7:43 pm to ehole
You mine? You must be running a lot of equipment and a bunch of good graphics cards.
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