Bitcoin Host?

[Guest]

Hi, I was wondering what a good host would be for bitcoin currency? I'm kind of new to this not even sure if I'm asking the right question 

[Guest]

i recomend doing some thinking before you enter the bitcoin mining, because it takes a long time to receive even one bitcoin. The currency (for now) is unstable and there isn't much point as of now since not all stores use Bitcoin. 

I'm not doing mining, I'm just buying a small amount of bitcoin currency or whatever it is 

[Kyuubixchidori]

I'm not doing mining, I'm just buying a small amount of bitcoin currency or whatever it is

If your just storing bitcoin, that would be a bitcoin wallet. I recommend doing some reading first

[trued_2]

checkout bter or btc-e make sure you understand the risks before you buy though...

[trued_2]

takal check gpu thread you started, lol.

[Atmos]

Should come with a fair bit of warning. Bitcoin has a tragic history of being horrendously unpredictable in its value swings, moving from 16$ to over 300$ in just about a year, then back down to about 30$.

 

If you're doing this to try and put money away for the future, then be warned. Bitcoin is worse in many cases than volatile stock. If you're doing this for fun, and arn't banking on it then have fun, see what it's like, never hurts to try something new. Just know, it comes with a pretty substantial risk.

 

 

Of course, that risk has grown smaller of recent months with more being invested in the currency from large resources, meaning a larger bottom-out price, so it can't drop as low as it has in the past. But if it surges up again, don't expect it to stay remotely near where it peaks. And also know that no bitcoin banking site is safe either, for more on that you can check out what happened to Mt Gox, what many for a long time considered one of the top end bitcoin locales.

[Guest]

Should come with a fair bit of warning. Bitcoin has a tragic history of being horrendously unpredictable in its value swings, moving from 16$ to over 300$ in just about a year, then back down to about 30$.

 

If you're doing this to try and put money away for the future, then be warned. Bitcoin is worse in many cases than volatile stock. If you're doing this for fun, and arn't banking on it then have fun, see what it's like, never hurts to try something new. Just know, it comes with a pretty substantial risk.

 

 

Of course, that risk has grown smaller of recent months with more being invested in the currency from large resources, meaning a larger bottom-out price, so it can't drop as low as it has in the past. But if it surges up again, don't expect it to stay remotely near where it peaks. And also know that no bitcoin banking site is safe either, for more on that you can check out what happened to Mt Gox, what many for a long time considered one of the top end bitcoin locales.

I was just trying this to make a small transaction lol not a huge investment 

[kilotekpc]

Slush's pool or gtfo.

[hak4fun]

Alright, I do bitcoin investing. And these are my words are wisdom. Bitcoin is one of the most unpredictable investments I have EVER done. Last year a bitcoin was worth a few dollars each. Then they went to like $800 each, then they started slowely going down. Then they jumped back to $500 and then it was $300 for a few days, then it was back to a few dollars, then it was back to a few hundred, you get the point. I don't know if I really would call bitcoin investing.... its more of a semi educated gamble.

 

Second, DO YOUR FREAKIN RESEARCH! I did not, and made a few mistakes along the way and lost some money because of it. 

 

Third, If you have never invested before, don't invest in bitcoin. its not the best beginners investment.