Quote from: Arriemoller on September 21, 2014, 07:56:42 AM

Quote from: arbitrage001 on September 21, 2014, 03:35:53 AM

Quote from: chopstick on September 21, 2014, 03:07:18 AM

Quote from: Oscilson on September 20, 2014, 03:08:51 PM

Quote from: chopstick on September 20, 2014, 02:13:08 PM

The difficulty is now too high for investments in mining to really be profitable unless you do it really big... which most people cannot afford to do..

Honestly I can make 100 or 200 per day selling BTC on localbitcoins.com, which I think is a lot more profitable and less risky than mining.

Do you buy from exchanges and sell locally?

Coinbase and sell locally/online.

I would actually make a lot more $ if I didn't have to wait 4 damn business days between purchases.

It is possible to wire $ to an exchange but you still have to wait 2-3 days for the wire to go through and it is possible the price could rise before then, causing a loss on the trade.

Where are you located?

I would be surprise if you can keep doing it for long if you are located in US or Europe before authority knocking on your door.

Why would they do that? It's not illegal to trade bitcoins.

Unlicensed money transmitting is what was being referred to, I believe.