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Hi everyone my name is Gustavo Woltmann and I am an assistant in a publishers office. I am new to bitcoin and some of my friends told me you will earn by selling these bitcoins. Anyone here knows this? Can you share your knowledge on this.
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I'm not big into this. I know you "mine" for coins using a pc that crunches an algorithm, based on a pattern it releases coins. Less as time goes on until they release another batch. If you don't get in at the right time you spend more money on your power bill than you make in bit coins. Plus you need a beefy computer GPU to mine well, which also costs 200-300$. I've never cared much for the whole fad, and I think the boom is over. Not sure.Everything happens for a reason. Sometimes that reason is you're stupid and make bad choices.
Current Occupation: Spending every dollar before I die -
boom is indeed over. Even with the most efficient rigs, in most US states you are paying more for the electricity to run the machine, than bitcoin value you are mining (at todays bitcoin/USD$ ratio).Comment
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If you hold opinions about stock or futures trading you can use First Global Credit - Home http://firstglobalcredit.com/ to use your bitcoins as collateral margin to trade over 200 markets from Apple, Google, Tesla or Betfair to gold, oil, soybeans etc. You can buy or short the markets. Benefit from dividends while retaining ownership of your bitcoins (which are used to secure your trades.) If you make poor trades your bitcoins are at risk. But if you do well you get the appreciation value of the BTC plus the value of your trading profits as well.
Also. Bitcoin deposits of over 10 BTC earn 2% interest per year. (Not very exciting but better than you are getting on a fiat savings account these days)Comment
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