I might try mining crypto-currency.

[AtlasBlue]

Should I do it?
Sure, it will take me a while to earn anything useful, but it will only be a hobby.


EDIT: I'm not just talking Bitcoin here. I'm taking other suggestions.

[Ad Bot]

[Blockguy345]

no

[AtlasBlue]

no

Why not?

[Dodger]

Why not?

It's value is like, literally based on nothing. You can say the same of the US Dollar, but it's less likely that skilled  hackers and system glitches could ruin the value of real world currency compared to digital currency. I might be wrong here

[Blockzillahead]

you're better off just getting an actual job.

[Omicron Corp]

Why not?

because you literally get nothing
you need like 4 graphics cards to earn a few dollars a day, with a cheap-ass computer you'll rake in, lets say about 5 cents a day

[Nikolan]

the difficulty is already too high for the current crypto currencies that are still profitable for anyone casually mining to get in on it :v

[ultimamax]

It's value is like, literally based on nothing. You can say the same of the US Dollar, but it's less likely that skilled  hackers and system glitches could ruin the value of real world currency compared to digital currency. I might be wrong here

I think bitcoin already has immense value. I'm not saying it's set to replace physical currency, but cryptocurrency is a really good solution for online transactions.

I would mine dogecoin (really high rate of growth, low difficulty compared to LTC and BTC) even if it's based on a meme. I already have like 4k dogecoin.

[AtlasBlue]

I think bitcoin already has immense value. I'm not saying it's set to replace physical currency, but cryptocurrency is a really good solution for online transactions.

I would mine dogecoin (really high rate of growth, low difficulty compared to LTC and BTC) even if it's based on a meme. I already have like 4k dogecoin.

Huh. I'll look into it.

[Dodger]

I think bitcoin already has immense value. I'm not saying it's set to replace physical currency, but cryptocurrency is a really good solution for online transactions.

I would mine dogecoin (really high rate of growth, low difficulty compared to LTC and BTC) even if it's based on a meme. I already have like 4k dogecoin.

I mean, it has a value because of people deciding it so and its not related to any tangible resource, while country currency is usually related to GDP and productivity

It might have its use, but I would not invest any trust nor significant personal resources in it

[D3ATH LORD]

I think bitcoin already has immense value. I'm not saying it's set to replace physical currency, but cryptocurrency is a really good solution for online transactions.

I would mine dogecoin (really high rate of growth, low difficulty compared to LTC and BTC) even if it's based on a meme. I already have like 4k dogecoin.

such [insert relevant noun]
wowe
much [insert relevant noun]

[Omicron Corp]

Huh. I'll look into it.

don't do it unless you have a very good computer. even with a great computer, you might make 2 dollars a day if you keep your computer on night and day
not enough for anything

[Zacks]

isn't it better to like just buy a ton of bitcoins or any other forums of this currency when they are going for dirt cheap prices. When sell it when it skyrockets like it did a while back for bitcoin & litecoin?

[Swat 3]

^ Yes.

[Harm94]

Real money is backed by gold and silver, and its value is affected by many things.

Crypto-money on the other hand is not tangible. It's backed only by data from a computer which is only useful for darknet transactions.

I call it the lazy man's currency because people see it as free money that they don't have to work for, all they have do is run their computer and watch the value grow. However the whole thing in my opinion is foolish because anyone with computer skills can make a crypto currency and then saturate the web with different types of e-coins. Eventually that will lead to a large inflation and soon the whole the collapses. Once that happens, all you are left with are useless imaginary coins.

I think bitcoin already has immense value. I'm not saying it's set to replace physical currency, but cryptocurrency is a really good solution for online transactions.

There are always people who see something new and try to make something oboslete. Wouldn't surprise me if some groups try to make it the new official currency. People are already trying to kill off physical currency with debit cards, credit cards, and microchip implants.