# Future of Bitcoin
**URL:** https://forum.mustachianpost.com/t/future-of-bitcoin/3750
**Category:** Investing / Cryptocurrencies
**Created:** [April 26, 2020, 10:18am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750 "2020-04-26T10:18:47Z")
**Posts on this page:** 20
**Page:** 32
### Author:  [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [August 24, 2021, 10:10am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/644 "2021-08-24T10:10:36Z")
> [@Cortana](#):
>
> I’m mining since ~3.5 months. CHF 320 in electricity costs, currently having ETH/BTC (65%/35%) worth CHF 1’720.
Hi Cortana, that’s quite a nice yield… What kind of rig are you using for this purpose?
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### Author:  [@pwi](https://forum.mustachianpost.com/u/pwi)
#### Post date: [August 24, 2021, 10:15am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/645 "2021-08-24T10:15:10Z")
Swissborg is also an option. But I cannot remember how long it took me for the KYC.
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [August 24, 2021, 10:27am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/646 "2021-08-24T10:27:35Z")
Nothing that is optimized for mining.
Old PC with a 4770K CPU and GTX 1070, added a new RTX 3080. New PC with AMD 5950X and RTX 3090.
Will sell my old PC for ~CHF 700 and my RTX 3080 for whatever I’ll get in May/June 2022. Then I’ll also stop mining completely.
The heat is killing you in warmer days, my GF complained a lot and we agreed that I can keep it running till the next summer starts.
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [August 24, 2021, 10:48am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/647 "2021-08-24T10:48:47Z")
Yuh also offers Bitcoin.
> [@aroom](#):
>
> The fastest way would be to charge your revolut account with your credit card and to buy crypto.
Do they sell “real” cryptocurrency?
Wasn’t Revolut’s crypto offering more like a CFD? That is, they’ll only give you the price development but no transfer outside of the platform.
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### Author:  [@aroom](https://forum.mustachianpost.com/u/aroom)
#### Post date: [August 24, 2021, 4:42pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/648 "2021-08-24T16:42:21Z")
That’s why I don’t recommend using it. But still the fastest way to gamble that I know.
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### Author:  [@ThePortugueseExpat](https://forum.mustachianpost.com/u/ThePortugueseExpat)
#### Post date: [August 24, 2021, 4:45pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/649 "2021-08-24T16:45:37Z")
I think that revolut was trying to enable crypto withdraws but I think it’s still on test mode…
I just wanted to buy 200€ for BTC/ETF to try out Celsius and get their referral bonus.
I have a Swissborg account and a very low amount there (probably 30 CHF) but their withdraw fees are ridiculous. 15 USDC, 0.0005 BTC… 🤦♂️
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### Author:  [@ThePortugueseExpat](https://forum.mustachianpost.com/u/ThePortugueseExpat)
#### Post date: [August 24, 2021, 4:46pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/650 "2021-08-24T16:46:11Z")
Does Yuh allow crypto withdraws or is it like Revolut?
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### Author:  [@aroom](https://forum.mustachianpost.com/u/aroom)
#### Post date: [August 24, 2021, 4:47pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/651 "2021-08-24T16:47:30Z")
You should definitely look at Kraken or Binance anyway.
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### Author:  [@ThePortugueseExpat](https://forum.mustachianpost.com/u/ThePortugueseExpat)
#### Post date: [August 24, 2021, 4:52pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/652 "2021-08-24T16:52:48Z")
I have both 😃
I transfered some money already to Kraken but it takes a couple of days…
No worries, I have to wait I guess. I am just too spoiled with most apps being able to move money in the same day
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### Author:  [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [August 24, 2021, 5:40pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/653 "2021-08-24T17:40:08Z")
Well that’s quite impressive for this type of “older” hardware, nice! But as you mention the downside is really the noise, so if you have a sort of room such as a cellar or closet you could use for that it’s ok but else I would also hate to have to hear these fans cooling like crazy as background noise.
By the way which software do you using for mining with your GPUs?
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### Author:  [@LtSpeirs](https://forum.mustachianpost.com/u/LtSpeirs)
#### Post date: [September 28, 2021, 6:31am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/654 "2021-09-28T06:31:21Z")
Are you pleased with Swissborg? even though they have quite high withdrawal fees?
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### Author:  [@pwi](https://forum.mustachianpost.com/u/pwi)
#### Post date: [September 28, 2021, 5:47pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/655 "2021-09-28T17:47:03Z")
Yes i like it. I staked 2’000 CHSB in order to have community premium status. This lowers the exchange fees a bit, but I haven’t thought about withdrawal. I guess I will only withdraw when I will double or more my investment, so I think high fees then will not matter much.
What I like with them is the possibility to have a yield, with low risk in comparison with other Defi platforms.
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### Author:  [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [September 29, 2021, 4:33am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/656 "2021-09-29T04:33:32Z")
I thought the following article matches the topic of this post as this is the future of bitcoin 🤣
> **[Mr Goxx, the crypto-trading hamster beating human investors](https://www.bbc.com/news/technology-58707641)**
>
> Can a hamster trading cryptocurrency beat human investors in the stock market? Mr Goxx can.
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### Author:  [@SwissTeslaBull](https://forum.mustachianpost.com/u/SwissTeslaBull)
#### Post date: [October 19, 2021, 9:35pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/657 "2021-10-19T21:35:49Z")
In the meantime BTC is back to 64K USD 🚀
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### Author:  [@Architect](https://forum.mustachianpost.com/u/Architect)
#### Post date: [October 20, 2021, 1:20pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/658 "2021-10-20T13:20:55Z")
Hello all!
Any thoughts about [$BITO](https://finance.yahoo.com/quote/BITO?p=BITO&.tsrc=fin-srch) ?
The freshly new [Proshares bitcoin ETF](https://www.proshares.com/funds/bito.html) ?
TER 0,95!
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### Author:  [@ThePortugueseExpat](https://forum.mustachianpost.com/u/ThePortugueseExpat)
#### Post date: [October 20, 2021, 3:04pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/659 "2021-10-20T15:04:12Z")
Why would you buy an ETF of Futures Contract when you can buy actual Bitcoin?
To me this appears to be like buying a ETF of one stock and paying 0.95% TER for it.
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### Author:  [@Susanna](https://forum.mustachianpost.com/u/Susanna)
#### Post date: [October 20, 2021, 3:23pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/660 "2021-10-20T15:23:39Z")
Consider Celsius - yields are better, but it is not based in Switzerland.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [October 20, 2021, 4:35pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/661 "2021-10-20T16:35:35Z")
66999!
Very interesting to see how activity in the crypto forum correlates with Bitcoin price. Guys, if you want to increase your exposure to a risky investment only when it is at ATH, I suspect that you overestimate your risk tolerance. What did you do when Bitcoin went 55% down this summer?
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### Author:  [@Susanna](https://forum.mustachianpost.com/u/Susanna)
#### Post date: [October 20, 2021, 4:54pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/662 "2021-10-20T16:54:41Z")
Haha, tried to figure out why it was happening (it wasn’t Elon’s tweet after all), did our best to ignore everything and actually bought a bit more.
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### Author:  [@Yanikuza](https://forum.mustachianpost.com/u/Yanikuza)
#### Post date: [October 20, 2021, 5:56pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/663 "2021-10-20T17:56:52Z")
DCAing every week a small amount and now investing every month a bigger amount 🥳 (positive!)
And by the way, I prefer to hold real Bitcoin than the « Bitcoin » ETF 🙂 It’s not really interesting 🤔
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