Are BTC profitable? Is it worth investing in ASIC miners for Bitcoins?
2014-02-23, 04:48 AM,
#1
Does anyone here invest in ASIC machines for mining BTC? How is BTC profitable?

Thanks to anyone that answers!
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2014-02-23, 04:50 AM,
#2
Not for BTC or LTC any more, but you can try Dogecoins, and other cryptocoins!
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2014-02-23, 05:51 AM, (This post was last modified: 2014-02-23, 05:51 AM by Raptor.)
#3
I have a friend the Success in Bit Coin.
He is not mining, meanwhile he is doing buy and sell bitcoin.
And of course it need pretty big investment and good prediction

Bitcoin is getting harder to be extracted nowadays
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2014-02-23, 06:13 AM,
#4
Don't use Bitcoins, this is very risky, better go to some Gambling bar and play your money there LOL

Yes of course you can earn something and you will hear some success stories, but this is only because not that much people even talking about their loss. :)
If you are interested in Currencies then look on Forex, this is legal way and you are trading real country guaranteed currencies...
But anyway, Forex is with pretty big learning curve and if you want to live from it then you need at least 50k $ - recommended 100k $

Also Bitcoins is basically nothing to do with prediction because it is not bind to economics aspects around the world...

Thanks
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2014-02-23, 06:59 AM,
#5
No profit is left from bit Coin try smaller crypto currency

[Image: CZqWQay.png?1?7286]
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2014-02-23, 07:24 AM,
#6
You should mine other ALT coins, BTC mining isn't profitable anymore.

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2014-02-23, 07:34 AM,
#7
too late for that unless you got $xxx,xxx
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2014-02-23, 09:47 AM,
#8
build your own rig and dont buy miners from butterflylabs. they are legit but for you to receive it, can take 6 months - 1 year that is because high volume of order.
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2014-02-23, 10:14 AM,
#9
better focus on CPA than virtual currencies, they can go down anytime the netizens wanted to. ;)

just be careful, but BTC or any ecurrencies as an investment is a no no for me. ;)

Kind Regards,
CapsLuck

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2014-02-23, 09:52 PM,
#10
Bitcoins are not worth investing, unless you buy them and sell them later at a higher price directly. Litecoins on the other hand have potential, and investing into mining PCs would bring in profit.

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