Quote from: bassclef on February 01, 2014, 11:43:27 PM

Quote from: travelingdp on February 01, 2014, 11:05:08 PM

Quote from: dserrano5 on February 01, 2014, 08:36:33 PM

I have 7592.39477210. Proof:

Code:

$ bitcoind getbalance
7592.39477210

Wow. I don't suppose you'd be willing to donate a small tip to a small-time guy like me Wink

How long have you been in the bitcoin game? Any advice for those of us who are just starting off?

1. We are still early adopters. I tell people this when they say, "Whoa, $800 for a coin is too expensive!" Price is simply a number that reflects supply and demand.

2. I have regretted mining purchases but never bitcoin purchases. Case in point I bought 65 coins back when the price was sub $100 to buy ASIC chips for a DIY mining project. The project fell through but I was able to get a refund, thank god. That was a stressful time--I should have held onto them in the first place. Also think how many people bought now-obsolete mining gear for hundreds of bitcoins before the price shot up to $1000. It's almost too painful to think about.

Thanks for the advice. I've been a bit skeptical about investing in mining, but it seems like it would be a decent investment over a long-term period. Then again, there's no telling how the market will look over a long-term period, so investing in mining is probably high-risk.