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Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
Let's say I buy 2x 7950 at 200EUR/piece
I have a motherboard and processor available, so my only costs are the 2 cards.
Will I ever be able to break even? within about 3-4 months using this pool?
I have a motherboard and processor available, so my only costs are the 2 cards.
Will I ever be able to break even? within about 3-4 months using this pool?
Bought a whole miner config 3 months ago (around 1000 euros including 4x new HD7950 and second hand stuff for the rest of hardware). Already reached the break even. I've been lucky because Middlecoin was making more BTC than today and 1 BTC was around 200 when I started.
Actually, 1 BTC worth 650 euros. Regarding my earning with 4x HD 7950, you should be able to make around 7-8 each day with 2x HD 7950. You should be able to reach the break even within +/- 3 months depending your electricity costs.
Personally, I took HD 7950 instead of 7970 because the cost is much lower for a bit less performance.
Ok, thanks for the info! Still not sure if I will step in or not... Won't the difficulty rise so quick that I won't even be able to make my money back?
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
Let's say I buy 2x 7950 at 200EUR/piece
I have a motherboard and processor available, so my only costs are the 2 cards.
Will I ever be able to break even? within about 3-4 months using this pool?
I have a motherboard and processor available, so my only costs are the 2 cards.
Will I ever be able to break even? within about 3-4 months using this pool?
Hi Dimi3h, welcome to the community 
AFAIK that called Candlestick Chart. It usually used to predict trends and market volatility. The name Heikin-Ashi came from Japanese language which means average (IIRC)
The color is used to distinguish price movement, blue = increase while brown = decrease. Be aware that color may differ on other chart, white-black pair or red-black pair is usually used.
I'm pretty sure someone will correct me if I'm wrong. :p If not, then please visit this site which contain detailed info and technical explanation.
http://www.investopedia.com/articles/technical/04/092204.asp
http://www.investopedia.com/active-trading/
Good luck, live long and prosper
AFAIK that called Candlestick Chart. It usually used to predict trends and market volatility. The name Heikin-Ashi came from Japanese language which means average (IIRC)
The color is used to distinguish price movement, blue = increase while brown = decrease. Be aware that color may differ on other chart, white-black pair or red-black pair is usually used.
I'm pretty sure someone will correct me if I'm wrong. :p If not, then please visit this site which contain detailed info and technical explanation.
http://www.investopedia.com/articles/technical/04/092204.asp
http://www.investopedia.com/active-trading/
Good luck, live long and prosper
Thanks for the reply! I will definitely check out these 2 links
I still have a lot to learn, but I'm very interested in thisWhere are you located? I have just started buying a small amount on kraken.com
If you're in Europe this is a good option in my opinion, their support is also very good, reply's always within 24 hours.
From what I have read and understood on my little time on this forum is: don't buy at Mt. Gox, I've read a lot of negative comments about them.
If you're in Europe this is a good option in my opinion, their support is also very good, reply's always within 24 hours.
From what I have read and understood on my little time on this forum is: don't buy at Mt. Gox, I've read a lot of negative comments about them.
Hi!
I have started with bitcoin trading with a small amount of money to see how it goes. I bought a small amount on Kraken.com (very good support there BTW!)
But these charts like the one below... how to read them?
Can someone explain what the blue and brown blocks are? What are high and low prices? And weighted average? And 24-hour volume?
Thanks in advance to this awesome community!
http://i.imgur.com/QqMgsqG.png?1
I have started with bitcoin trading with a small amount of money to see how it goes. I bought a small amount on Kraken.com (very good support there BTW!)
But these charts like the one below... how to read them?
Can someone explain what the blue and brown blocks are? What are high and low prices? And weighted average? And 24-hour volume?
Thanks in advance to this awesome community!
http://i.imgur.com/QqMgsqG.png?1
That's the problem with this currency I think, people want to hold on to it as long as possible. For most people it is more of a long time investment then a currency to spend and exchange... This will only slow down the mainstream adoption process in my opinion. Bitcoin is not stock on the stock market...
Who would want to buy for example a coffee in a shop with their BTC if they almost know for sure the value will double in the coming year?
But I have to admit, I have bought some BTC for exactly that purpose. But idealogically, it's wrong...
Who would want to buy for example a coffee in a shop with their BTC if they almost know for sure the value will double in the coming year?
But I have to admit, I have bought some BTC for exactly that purpose. But idealogically, it's wrong...
What about an iBood-like website with one good product day, that can only be bought with BitCoin?
Advantages are: I do not need a lot of product stock, it is a way for people to spend their bitcoins in exchange for goods. The website will be fairly easy to set-up and from there I can see how it goes.
What do you guys think about this idea?
Advantages are: I do not need a lot of product stock, it is a way for people to spend their bitcoins in exchange for goods. The website will be fairly easy to set-up and from there I can see how it goes.
What do you guys think about this idea?
You could start a small it-support company and accept bitcoin as a payment method! The only problem is that there are lots of online it-supports already. It might be worth a shot though!
Yes but not the kind that accepts bitcoins.
The only problem that comes to my mind is that someone that can pay with bitcoins is probably tech savvy to deal with IT problems.
Indeed, that is what I was thinking too
I will keep on brainstorming to find something that I can do, where people can reward me with BitCoins.All ideas are welcome!
Things that I don't want:
- Gamble with my bitcoins
- Faucets
- Get people to use my referral links to make money
Hi everybody,
I am pretty new to bitcoin. I have been doing research for about one month now and I have learned a LOT from this forum.
I have invested in 1BTC and am excited about how things will go frome here on.
I have also been thinking about some ideas to earn bitcoins.
I am an IT support engineer with about 7 years of experience.
Do you guys think there is a potential for a website where I can offer remote IT support (maybe trough TeamViewer) in exchange for bitcoins?
It is just an idea in my head, nothing concrete, but I am very interested in people's opinion about this.
Anyway, great community over here! I will definitely be more active on this forum from now on.
I am pretty new to bitcoin. I have been doing research for about one month now and I have learned a LOT from this forum.
I have invested in 1BTC and am excited about how things will go frome here on.
I have also been thinking about some ideas to earn bitcoins.
I am an IT support engineer with about 7 years of experience.
Do you guys think there is a potential for a website where I can offer remote IT support (maybe trough TeamViewer) in exchange for bitcoins?
It is just an idea in my head, nothing concrete, but I am very interested in people's opinion about this.
Anyway, great community over here! I will definitely be more active on this forum from now on.