PEOPLE, BITCOINS!!!!

Pakistan
September 29, 2017 2:43pm CST
So there is a lot of buzz about this cryptocurrency thing, yesterday it jumped, with prize change of almost 200 dollars!! I am really amazed and shocked at the same time, and I have been doing a lot of research on how to MAKE bitcoins... so here is what I found after all the research. 1- A normal pc, the ones we use at homes, won't be able to make that much if you use them for mining. 2- You could buy space for mining from these companies, they will get you a contract of 2 or 3 years, so their machines will mine for you, and you can then withdraw the coins to your wallet. 3- You could buy these kickass expensive but EXTREMELY powerful machines, manage to have them installed in a cool place, connect them to the internet and mining pools, and voila. I am really excited about all this... are you? What do you think of bitcoin and whats your experience?
5 people like this
5 responses
@topffer (42156)
• France
29 Sep 17
You can also look for crypto-currencies other than bitcoin that you can mine with a normal CPU on a normal computer... Many are, technically speaking, more advanced than bitcoin, which is mainly a speculative investment.
2 people like this
• Pakistan
29 Sep 17
you didn't name the currency... which currency are you talking about that can be mined through normal pc, with less competition etc?
1 person likes this
@topffer (42156)
• France
29 Sep 17
@zainkhan121 No, I did not named any alt-currency, you will have to do some homework. I have an experiment in progress : I am actually mining one in background that had its value x3 in the past 2 months. The result is that there are many more people mining it today, and that I earn half less/day now than 2 months ago, which is not good.
1 person likes this
@louievill (28851)
• Philippines
29 Sep 17
Buying bitcoins or satoshis in small amounts and getting some for free through sites on an almost daily basis and holding on to them seems and has become more profitable and practical for me instead of engaging in mining.
2 people like this
@AkoPinay (11544)
• Philippines
30 Sep 17
Same here
1 person likes this
@May2k8 (18391)
• Indonesia
17 May 23
Bitcoin are too hard to mine, I only use faucets to get those coins.
29 Sep 17
I think the best time to get into Bitcoin has passed sadly. One of my friends bought bitcoins a few years ago, and recently sold them for many times what he paid! He used some of the profit to pay for a very nice holiday!
• Pakistan
29 Sep 17
and someone bought a pizza with 10000 bitcoins and now he shakes his head and calls himself an idiot, the story even went viral.. :D
1 person likes this
@Babino (5759)
• Morocco
16 May 23
Wow this post is from 2017 !! I've only known about Bitcoin like a year or two ago. I tried to invest in it. Spent 160$ on 4 coins and now my balance is 25$ I'm not playing with coins again
• Pakistan
17 May 23
And based on what statistics did you invest into those coins?
@Babino (5759)
• Morocco
17 May 23
@evilamericans yeah not Bitcoin but other virtual coins, I bought some of the meta coins.