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Bitcoin mining?

Started by matt5cott, June 08, 2011, 17:53:29 PM

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Walrusbonzo

Quote from: neXus on December 28, 2013, 21:45:53 PM
Dodgecoin is where it's at.

Do you know the guy that created it?  ;D

matt5cott

#181
I've been mining a few alts on and off, got 1LTC and 33FTC, though the latter I can see being fairly worthless tbh.

You still switching straight to BTC with middlecoin knighty/Walrusbonzo?

If you want to sell BTC best place I know of is localbitcoins.com, they provide an escrow service basically.

knighty

yeah I'm still on middlecoin

got about £250 in 2 and a bit weeks... going to sell asap

looked at local bitcoins but couldn't be arsed with it tbh... trying bitstamp now but they rejected my ID so i need to go through the verification process again (apparently a perfect quality 10megapixle photo of my drivers license isn't good enough!)

bitcoin back up to $1000 so now is a good time to sell I think.... it might go up more.... but eventually everyone is going to realise it's made up money and it'll plummet.... or some bank will announce there own version and kill it etc. etc.

Walrusbonzo

I'm doing a mixture of Middlecoin and LiteCoin mining.

I'm holding out at least until I need the money to buy a house later this year, this will hopefully get me the last £1,000 or so a bit quicker.

matt5cott


matt5cott

Now trying middlecoin, not having to bother with an account is v nice :cheers:

knighty

yeah :-)


payouts are way down right now.... but they're still much better than mining bitcoins directly

I just sold up, got £250 for 14days worth of mining :-)

Walrusbonzo

Where did you cash out in the end?

knighty

mt.gox

i sold the coins, but I'm still waiting for verification before I can transfer the £££ out into my bank :(

I might start selling half and keeping half incase it goes up more :-o

Walrusbonzo

I've just started trading in other coins this week, thus far very profitable. I'm increasing my BitCoin holding much quicker than from the mining, but still mining. Basically I'm making 2~3 times as much doing my own trading than using Middlecoin.

Right now over on the worlds worst website, coinedup.com you can buy Fedora Coin/TIPS.  It'll be a big hit when it's on other exchanges. I've tripled my stock in a day from trading and mining, but the trading is the bulk of that increase. Value has also doubled since I bought in at breakfast yesterday. Expecting it to increase another 2~3 times in the coming days/weeks.

Fingers crossed.  ;D

Walrusbonzo

#190
If anyone fancies getting involved. Get the Wallet here - https://cryptocointalk.com/topic/2371-fedoracoin-tips-information/

Give me your address and I'll send you 5,000 TIPS. Then you can start churning it on CoinedUp.com as well.

Each time I've sold my TIPS for DOGE, sold the DOGE for LiteCoin and then sold the LiteCoin for TIPS I've come out with 8%+, one time I made 20%. Obviously you need to do maths and check the buy and sell walls to see what a safe profit margin is likely to be. The only reason this appears to work is that people selling DOGE to buy TIPS are willing to pay way too high. They obviously don't do maths.

TIPS is almost certain to rise in the coming days, especially as it's due to be added to other much better exchanges.

You have nothing to lose, these 5,000 TIPS are free :) P.S. I have millions of them.


Walrusbonzo

Fedora Coin Tips just had takeoff on Cryptsy. I'm up 300% already and many of us expect the price to go much higher :)

Bacon

Insert signature here.

Walrusbonzo

Well this is a fun ride, the stock tanked to even below my buy in price. But I could see what was happening. Someone was manipulating the market last night, pushing the price down to feed some rather large buy walls.

Now the pump has started and I'm back to 75% profit again...... Where will it end?

:rock:

addictweb

I'm feeling like I'm missing a boat here, can anyone point me in the direction of the relevant mining script / a decent how to?

Sounds like something I should be at least playing with.
Formerly sexytw