Well I sympathize with you brightlight, but I'm in for the long haul. I'm not going to purposely burn myself when I'm still mining it. Perhaps if through mining I can reach sort of a break even point I may consider it but I think I'll hold off until the airdrop apr15th. If the developers get their shit together and advertise like crazy and sell their idea to the techsavvy youth of Spain then this could take off like Aurora. If they keep fucking around and not advertising and making the mining mindnumbingly easy then it's a dead duck. For example I'm mining on one GTX660 right which only gets 250Kh/s and I'm getting like 3 or 4 coins a day. Thats crazy!!! The difficulty right now on my mining pool is 128!!!! Holy fuck batman! You could literally mine by pen and paper at that level. It needs to be 10 times higher like in the 1000 range to hold any of its value because people are just mining and dumping it for free cash, they aren't holding on to it. I can tell just by the sell orders.... 1.378899 5.65677788 .... shit like that. They are just dumping what they are mining instead of holding on to it which is fucking this coin and everyone who actually bought it. I fortunately only bought 28 and have mined about 10 in the last few days so I'm not getting burned really. But imagine the poor bastards who bought thousands when the price was $5! I imagine they can't sit down right now from the reeming they got over that one. Let's hope the Devs get their shit together before april 15th.
Thanks! I could not stand those price drops anymore. Especially when I lost so much investment and much potencial profit on BC. I was so big sheep, I just can't understand who the f*** moved my hand to get in this at it's hugest spike till now.
So I wish good luck to everyone with SPA!
Maybe my short term crypto world worker career is at it's end stage. Too much hours stolen from real life watching price swings, too much stress.
Money earned with real work- intellectual or manual, is much more valuable than what comes from speculations. I know the greatest count of people will say, money is money, but for me it's like I said.
Either way if we count money as energy, then this- cryptocurrency, energy is not the best you can get in your favour.
It's like gambling, sometimes you win, sometimes you loose. Trading on exchanges alot of us are too novice to make our bread with that, me included. Also I consider this more on the level of sports betting and a hobby than an investment or money maker for me..
