eurasian_farmer Posted October 21, 2014 Share Posted October 21, 2014 Are there any miners worth getting for around £300-400 mark @@eurasian_farmer? ps I heard someone is supposed to be starting a bitcoin debit card soon, sounds interesting. eta: meh just messed about with some calculators and ebay and it seems not. Looks like a big investment is needed to get any decent turnover. Sorry for long wait, was enjoying a bit of beach. You may like to google 'bitmaintech' they have a few options (but sell out fast) the way things are looking there will not be much else on offer this year other than expensive & noisy SP3x's Link to comment Share on other sites More sharing options...
stu sleeper 20vt Posted January 2, 2021 Share Posted January 2, 2021 WOW!! I wonder how many of these early adopters managed to cash in on the whole bitcoin malarky..? The price today is £23,125!! and seemingly no stopping its rise. I was thinking of just putting like £500 into them and see how it all works but it cant be that easy can it? 1 Link to comment Share on other sites More sharing options...
mrrichiet Posted January 2, 2021 Share Posted January 2, 2021 I don't think the rise can continue like this. I guess (that's all one can do) that it'll suffer another slump like it did last time it reached c. 20k. I reckon for @ c. £5k each it's worth a punt otherwise the risk is too great IMO. Link to comment Share on other sites More sharing options...
sweettooth Posted January 2, 2021 Share Posted January 2, 2021 too many institutions invested now for it to slump. 2017 was retail fomo, this time its institutional. waiting for my alts to pump back up so I can get more btc 1 Link to comment Share on other sites More sharing options...
Guest Posted January 2, 2021 Share Posted January 2, 2021 if you believe some of the predictions it could still be a good investment at this price Link to comment Share on other sites More sharing options...
stu sleeper 20vt Posted January 2, 2021 Share Posted January 2, 2021 Im a complete no idea guy @sweettooth Do i just get a wallet then spend my £500 and then let it sit there hoping it goes up? (Which im happy to do cos cash in the bank aint earning a penny!)? God i feel old where all this stuff is concerned!! 3 Link to comment Share on other sites More sharing options...
Marky1000 Posted January 2, 2021 Share Posted January 2, 2021 What app or website do you guys use to buy them. Pm me. I have been looking at shares as well. 1 Link to comment Share on other sites More sharing options...
mrrichiet Posted January 2, 2021 Share Posted January 2, 2021 Coinbase is what I use. 3 Link to comment Share on other sites More sharing options...
Marky1000 Posted January 2, 2021 Share Posted January 2, 2021 @mrrichiet Thanks m8 1 Link to comment Share on other sites More sharing options...
growinggold Posted January 2, 2021 Share Posted January 2, 2021 Ive just crashed out on a load of eth, tempted to do the same on LTC and BTC. @Fragg when's hits gonna pop... 1 Link to comment Share on other sites More sharing options...
mr23 Posted January 2, 2021 Share Posted January 2, 2021 Get a kraken account if you're spending that amount for the best rates if your bank let's you do a Euro SEPA transfer easily/affordably. Coinbase is OK for small amounts but charge a premium for buying and sending it about. Get a ledger or trezor hardware wallet and stick in there for a few years is my advice. Don't worry about the current price of any fluctuations over the coming months and years - treat it as an investment but its not guaranteed so don't spend what you can't afford not to lose. 5 Link to comment Share on other sites More sharing options...
stu sleeper 20vt Posted January 2, 2021 Share Posted January 2, 2021 Thankyou @mr23 i was gonna go 500 cos i got no fucking idea what im doing!! If i could get some solid advice (like you seem to have given) i might chuck a bit more in. Link to comment Share on other sites More sharing options...
ravsta Posted January 3, 2021 Share Posted January 3, 2021 If your mining bitcoin does it follow the bc price or is it a fixed rate ? Link to comment Share on other sites More sharing options...
sweettooth Posted January 3, 2021 Share Posted January 3, 2021 6 hours ago, ravsta said: If your mining bitcoin does it follow the bc price or is it a fixed rate ? it follows the price, if not more, demand is higher than supply atm. im gutted I didn't hang on when my $link was worth 18k, I would've had 1.5 BTC now worth almost $50k. Instead I'm floating around the 10k mark. But hey, crypto is full of could'ves and should'ves. If your thinking about mining btc, you either need a shit tonne of top of the range GPUs or a room full of asic miners but don't expect a big return, your electricity bill will be huge and you're mining against very big mining companies that have warehouses full of asics. 2 Link to comment Share on other sites More sharing options...
Herbsman Posted January 3, 2021 Share Posted January 3, 2021 Ah ha. the old BTC thread on UK420 has come back to life, is dumb money awakening? Maybe this is a sell signal? It's all about Defi at the mo, that's where the money is being made. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now