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Showing 7 of 7 results by investor101
Post
Topic
Board Economics
Re: Where can i invest my money?
by
investor101
on 09/02/2017, 18:50:09 UTC
Hello everyone, thank you for the advices that you gave.

Currently in the Philippines right now. I don't think this is a place for people who wants to create a bitcoin empire.

Already contacted my friends in China and Brunei.

So far so good. I could get a wholesale price of 1000 dollars per piece.

And I already found a great country where to build a mining farm.

Please help me with these. I paid a guy to do some research for me. Please tell me if this is really possible.

So he said I could just invest $898,000 (500 units of mining machine)
*everything is included (rent expense, equipments, utility etc.) but he said that the set up would take long maybe 4-6 months.

he also said that it's 4-6 months because of the delivery of the the machines, AC's, Installation of fiber internet, etc.

And monthy I would earn $61,250 (all expenses removed) I think this is a nice profit because the machines will continue to mine even after I get the ROI.

BUT..

Do you have any news if there will be a new mining machine that is coming to the market? The guy told me that the s9 is the latest one, but will there be a new one within this year?

Thanks everyone. You all have been a great help.
Post
Topic
Board Pilipinas
Re: Went to the Philippines last summer
by
investor101
on 26/01/2017, 00:36:05 UTC
first , bitcoin is not yet popular here in our country but people use ATM banks to cash out their money , second , foreigners can get a business permit it also depends on the purpose of the citizen , third our electricity is one of the expensive here in asia , if you will do business here i suggest to you that you should think tenth times .

oh thanks for the info. might get a business permit and set-up a two-way atm. and since electricity is expensive there, I might cross out your country from the list where I want to farm bitcoin. lol. anyway, thanks!


You can't just simply set up bitcoin atm here in our country first thing is bitcoin mining has anoying sound it's too noisy second thing is if you really want to why don't you try to set up on farm? And get a solar panel because electricity is not cheap i think you read a wrong information about our country. Well good luck mate.

I don't plant to build a mining farm in the city. and I know you can't just simple set up an atm that's why I asked if foreigners can get a business permit. I also asked if the electricity is cheap. And no no no, I think i''m not wrong. The way you responded to me seems like you're trying to be cool like President Duterte. Well I have nothing against him. I praise all his works. He's a great guy. But please don't imitate him. Doesn't fit you. Good luck mate!
Post
Topic
Board Pilipinas
Topic OP
Went to the Philippines last summer
by
investor101
on 25/01/2017, 18:16:15 UTC
Hello, My Filipino Friends!

I have some questions, I went there in your country last august 2016 and you people love to go the mall.

Do you think if I set-up a btc atm in sm manila city hall many people would use it?

Can foreigners get a business permit in your country?

Also, is electricity cheap in your country?

Do you have any suggestions for me?

Also what type of business (bitcoin related) do you think Filipinos would love to see?

Hoping to get a lot of response from you guys!
Post
Topic
Board Economics
Re: Where can i invest my money?
by
investor101
on 25/01/2017, 18:05:25 UTC
A mining farm really require a lot of patience and work , I wouldn't suggest it unless you are passionate about mining and you are not seeking for profit only. With such a large amount , I would do some trading or simply buy and hodl bitcoin for long term. You can also invest in some ICO to x2/x3 your bitcoins but make sure you do your homework before that.

I'm up to that. But the problem with mining is the electricity consumption. Do you have any suggestion on how I can lessen the electricity consumption?

Do you have some tips for me on how I would start my mining farm?

Already did that crowdfunding stuff. BTCPANDA STOLE MY $30,000!!!!!!
Post
Topic
Board Economics
Re: Where can i invest my money?
by
investor101
on 25/01/2017, 17:46:46 UTC
You mean where can you buy it?

I know where to buy bitcoin. I mean which bitcoin business I could get the most out of my funds. Bitcoin Casino (I have no programming skills), Farming, Trading etc.


I doubt you really have 2M, someone with this amount of money know how to invest his trasure, but if we presume that you are not lying, the best investment would be to buy bitcoin itself, it's the most secure and reliable currency, you can try altcoin, but recently there is only pascalcoin which is pumped with huge volume, i'm not sure if it can reach 0.001, but you can do this, put half on bitcoin and the other diversify it in many altcoin, some of them will be pumped at some point

Not all of us know how to invest especially if we got our money from our parents. anyway this is all I've got left and I really wanna make the most out of this for my wife and kids. i'd take your suggestion but how much do you think I should invest? because last time btc price was almost 1000+ usd already but went down to 900. do you think bitcoin atm is a great investment?


I currently have 2mil usd for investment.
Don't try to build a mining farm if you really want to earn bitcoin then much better if you are going to trade that or invest that into bitcoin hold them waiting for the price increase once it increase sell wait for the price again to be decrease then buy simple but make sense.

So instead of farming, and aside from your suggestion do you have other suggestions whre I could make an empire out of btc lol
Post
Topic
Board Economics
Topic OP
Where can i invest my money?
by
investor101
on 25/01/2017, 17:19:10 UTC
I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998
Post
Topic
Board Mining speculation
Topic OP
Need your knowledge.
by
investor101
on 25/01/2017, 17:04:42 UTC
Hi, everyone! I want to create a mining farm.

Antminer s9 is currently out of stock so i'm planning to get the t9.

I did all the research and computation. I won't earn because of electricity consumption. I will even lose.

So i'm planning to buy 1,000 Antminers. My question is:

Where in the world I could set this up without having to pay big on electricity.

Second, is the t9 good alternative to the s9. 11,500 GH/s.

Do you have any tips for me on mining?

Please, help me guys.

Or if you have any suggestion where I can boost some money with bitcoin please tell do tell me.

My budget: 400,000 usd - 2,000,000 usd

Thanks!