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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1547

post #15461 of 22312
Quote:
Originally Posted by chronicfx View Post

Still holding litecoin. Any thoughts on a future for that?

I'm sticking to Litecoin also, mostly due to it's relative maturity, popularity and network strength, which, if nothing else, make its long term prospects a lot better than all those pump n dump coins and also provide a little less volatility in the short term.

I still consider it a rather risky investment though.
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post #15462 of 22312
Ya Doge is tanking at them moment, but so is almost every coin. The only coins that are doing good are these 2 day coins, and these just kill the market.

Crypto should be more about investing rather than making QUICK & SMALL amount money. When I got into mining I had a plan. My plan was to only pull out fait currency to pay my electrical bill and a little to an equipment fund, then keep the rest in Bitcoin to use to trade for other coin.

If all people would adopt this principal I think Crypto would take off, and then larger withdraws would not hurt the market as much or at all.

But as it sits today, the market and currency looks like a joke. Basically its being run down by a bunch of kids that have NO CLUE about economics and how actual trade markets work.
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post #15463 of 22312
Quote:
Originally Posted by frickfrock999 View Post

What's the deal with Protoshares right now anyway?

How do they stack up to Auroracoins?

The whole PTS thing is messed up because they wont adjust the diff target time which is killing it. I think they are doing it on purpose for something we don't know about.....
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post #15464 of 22312
So, I'm going to be that guy for a minute... I have $8k that I'm looking to invest one way or another. I'm kind of pissed I didn't think to build rigs earlier this year, as I have a 5,000 sq ft warehouse (my work) that I could very easily have kept rigs in, in a very cool environment, all winter. Of course spring is going to hit here soon, and it gets quite hot here in NY in the summer.

My question is.. Would buying a bunch of gear to mine with be a smart move?
post #15465 of 22312
Quote:
Originally Posted by kzim9 View Post

The whole PTS thing is messed up because they wont adjust the diff target time which is killing it. I think they are doing it on purpose for something we don't know about.....

If they would adjust the diff on PTS I'd be back on that in a heartbeat. As it is, can't make hardly any money on it.
     
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post #15466 of 22312
Quote:
Originally Posted by SeanEboy View Post

So, I'm going to be that guy for a minute... I have $8k that I'm looking to invest one way or another. I'm kind of pissed I didn't think to build rigs earlier this year, as I have a 5,000 sq ft warehouse (my work) that I could very easily have kept rigs in, in a very cool environment, all winter. Of course spring is going to hit here soon, and it gets quite hot here in NY in the summer.

My question is.. Would buying a bunch of gear to mine with be a smart move?

Right now it would take around 8 to 10 month to make your money back (calculated based on electric cost of 15 cent per kWh).

It's worth it. Besides, if bitcoin prices spike again by the end of this year you can easily triple your profits if you hold onto your coins.
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post #15467 of 22312
Quote:
Originally Posted by TheLAWNOOB View Post

Right now it would take around 8 to 10 month to make your money back (calculated based on electric cost of 15 cent per kWh).

It's worth it. Besides, if bitcoin prices spike again by the end of this year you can easily triple your profits if you hold onto your coins.

Hey, thanks for the input, I appreciate it... Yeah, I've been debating it, and I am just piecing together a quadfire 290x build (have posted here before), that I was going to mine while not gaming. And, once I had that setup, I was thinking of doing the setup at work. 8 -10 months isn't bad ROI if you ask me.

Another thing I was thinking... Buying a pallet worth of Qnix monitors, and selling them off....
post #15468 of 22312
Best bit coin wallet? Anyone can give me a good one without having java installed? I tried multibit but it tried to install java so I canceled it.
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post #15469 of 22312
I used the regular Bitcoin - QT Wallet....

Took like 2 days to sync, but its ok now if I open it everyday like I do.....
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post #15470 of 22312
Would that be the best right now?
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