Deep Web/Bitcoin Mining

[gtdragon980]

I just checked out litecoins and seems like I may switch, but is it not possible to mine for both? Maybe run my cpu for litecoins and run the gpu for bitcoins? I'm unsure how well litecoins will take off...

Oh and I won't purchase anything from them until I see their product and results from them after a couple months. I will not give them my money now.

[InuFaye]

BFL is a scam. DO NOT buy anything from them. Also switch over to litecoin mining, your spending more money in electricity.

Gonna hit 200 this week.

[gtdragon980]

Finally got my temporary bitcoin miner setup. Got a Radeon 7870 1100mHz card running @ 400mHash/s. So far after 4 days, .04 btc lol. I think I will be purchasing the BFL BitForce 5 GH/s SC to do the real mining when it is released. I don't find it to be very beneficial to purchase a shitload of cards and build a rig when these machines will easily do the same amount of hashing at a fraction of the cost.

[tjts1]

https://localbitcoins.com/

[GaryE30]

Anyone know the best way to buy in via cash? I don't want to supply my banking information.

[Rsully70sev]

$165 I'm about to do a back flip.

Trading on ebay for $300.

[GaryE30]

$160

F me. I should have gotten in earlier.

[InuFaye]

up to 140 again on gox. Id wager it hits 150 and DDOS.

[Rsully70sev]

Just ordered the parts for a $3k rig. I'll be averaging $125/day based on their current value.

And yes Herbivor, I've cashed out well over $1,000 with PLETY more to go.

[kickinindian]

Did you guys see todays news that Cypress is adopting Bitcoin?
Can you imagine what would happen if more countries adopted it as an official currency?

Holy shit balls.

yea i was like Dafuq i saw it on RT news

[Fusion]

Did you guys see todays news that Cypress is adopting Bitcoin?
Can you imagine what would happen if more countries adopted it as an official currency?

Holy shit balls.

[InuFaye]

There are plenty of people who are doing that.

Ive already made about 300 bucks in 3 days just doing Litecoin business on btc-e

The BTC price already has that speculation built into it.

[herbivor]

People are speculating that it will continue to rise into the summer (economics people). I read that some were thinking it will go up to $500 or $1000 / btc. That is just insane.

Obviously they're all just speculations, but who knows. If you're alredy in, you're in a good place, especially if you got in early and don't have loads of your own money invested.

I don't know anything about bit coins but usually when you are hearing these kinds of comments from investors of anything, it's time to sell now!!
Has anyone hear cashed in and made thousands of dollars in profit yet? Just curious.

[tjts1]

Don't forget to pay your capital gains taxes.

Sure, when I finally record a USD profit.

[ficklerx]

I bought $2000 worth of bitcoin in small increments between $12-20 back in Dec and Jan with an average cost of $16/BTC from Coinbase. Then when it got above $85/BTC I sold off $2000 worth of Bitcoin to recover my original investment. I'm keeping the rest of the $16 Bitcoins at zero risk to me. I never got into mining.

Don't forget to pay your capital gains taxes.