ok you fags shilled hard enough for ethereum but I'm too retarded to figure out whats going on.
When I run geth -rpc this shit comes up. Is this synchronization? How long does it take? What is going on? When do I get rich?
You'll never get rich. Because you're a fag.
All joking aside, I'm pretty much in the same boat. Not sure if I'm doing it right or just haven't mined anything yet because my computer is too weak. CPU mining on a windows laptop is probably not ideal. Need to research and see if I can mine on a Mac effectively. Probably not with my luck.
Yeah, this took me a while to figure out. Basically, Geth only does CPU mining, which isn't strong enough to do much unless you're really lucky.
Eth (the C++ implementation) has a GPU mining option which is what you need (assuming you have a GPU that can do it), but it is a bit trickier to work with.
>Actually using a literal /biz/ meme as a serious investment
>being this easily swayed by bullshit
Let me guess, you also bought some penny stocks, joined a MLM scheme, bought Bitcoin, invested in rice and beans to weather the upcoming market crash, acquired real estate in Detroit, dropped some money into Mortgage backed securities, went to Vegas to put $10k on black, over leveraged yourself in ETFs, bought 400 iPhone cases from China to sell on eBay, bought a bunch of Powerball tickets, took out a loan from your 401k, and ultimately pulled out a home equity loan to finance your dream of starting a small restaurant?
Okay, if you want to invest rather than mine here's what I suggest you do (for basically free). If you have a Paypal Credit account and have used Virwox (to speed things)
Go on Virwox. When you do deposit, pay with Paypal, remember Paypal Credit. Trade from USD to SLL to BTC. You will be basically purchasing BTC for around 88% the price through Paypal Credit and won't need to pay for 6 months.
Buy ETH from BTC as quickly as possible through poloniex or shapeshift (but beware the Virwox cocksuckers check your withdrawals and it can take up to 48 hours)
Overnight riches? Maybe not. But if you have a couple thousand ETH right now you could be very well off by the end of the year.
If it gets to the same marketcap as bitcoin you'd be a millionaire.
Look at the supply difference though. If it had btc's market cap each coin would be worth 76 bucks , 38x return is phenomenal but were a ways off yet.
Also the market cap doesnt mean that moneys actually "held" in the coin , its just the supply x average current market price. Not that I think daily volume will be hard for ether to maintain.
Im curious as to what the cost to produce is , when it sunk back to 90 cents after the release pump it was costing like 40 cents a coin with 13 cent kilowatt hour electricity. Now? No idea