Bitcoin Miners vs Traders - page 3. | Bitcointalksearch.org

juiceannabel

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

i think this is not quite right, because mining and trading both have a different in risk.
if you trading, you may get your profit in the short time, but the risk is higher than mining.

Wexnident

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

In my opinion, I think it depends on the capability of people's wealth. In mining, it would be needed a huge of investment because of expensive value of equipment or machine that use for mining, that's why people who engage to this process is truly a millionaire. But in trading, if person has a mid value of investment therefore he/she can do trading anytime they want. No more machines that they need to buy or operate. This is truly a different factor but still it has a similarity and that is we can gain profit from both of it.

jhezmark

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Bitcoin miners and traders are equal because you need to invest to earn fast .In Bitcoin miners you need to invest more money while in trading bitcoin you can invest little money. but both are equal its depends to the people want to use miners bot and trading its to risky but if you have hard working is good hardworking is the key to success

dynospytan

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

It depends on your capital. But, I think miners do more profit than traders. But it is still depends on their country. Because if you choose to mine you will need to build your mining rig. It is much better if you will build a big mining rig that has a lot of GPU's. In trading, it slightly risky because you cannot predict what will be the price of your coin. But in mining you'll just have to wait and sell it if you gain a lot already.

lagista

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

trading can be done with minimal capital but trading has a lot of high risk different from mier that although using big capital but we can get profit periodically every month and stable, I will prefer miner.

Arroware

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For me both are good too, But for me it's still easy to invest in bitcoin, by buying cheap prices and selling higher prices, because the daily bitcoin price always goes up better. If the miners for us take a long time and also with the patience to get bitcoin.

Ranly123

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

It is not a basis whether a miner has better profit than a trader or vice versa. There are miners who are wealthy enough to buy the latest and fastest tecnology in mining so they can mine faster than the other. In traders, if they are more precise in predicting the fluctiating value of cryptocurrency then they can earn better than a miner. So to sum it up, both has an edge in their part depending on how good they are in their field of expertise.

SUDARMONO

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Quote from: Dilladupak on February 27, 2018, 08:18:41 PM

Quote from: SUDARMONO on February 27, 2018, 07:30:54 PM

To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.

If you really want a faster way for us it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time, because I know the price of bitcoin every day tends to be higher of the current price.

It is true that what you say is that trading is also a big risk too, to control the risks in trading we can read the news and follow the information about the coins we buy will go up or want to drop the price, and We can also use the graph as price analysis.

andrew1carlssin

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#Please, read:Daniel Ellsberg,-The Doomsday *wk

Quote from: Rhaizan on February 27, 2018, 08:29:41 PM

Mining and trading are both profitable but i will go to trading, because we can use a small capital to start trading.as far as i know mining need a big amount before you start because it will take long process. You need a big capital for computer mining, well just correct me if im wrong.

My main concern on mining (buy hardware upfront, queue, etc ) and as well on trading ... is that bitcoin mining became just like "place an order to matching engine" logic ..

ps-> reminds ... Quants: The Alchemists of Wall Street - A Documentary about "algoryth"mic trading

https://www.youtube.com/watch?v=OINqYdkhOAw

Yankae

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Quote from: JL421 on February 27, 2018, 03:22:10 PM

You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option

Agreed,it really depends on the situation of every individual.There are people that exceeds to others in terms of wealth,people with more knowledge and fund makes profit more.Besides,both are really profitable and should not be compared to each other.

Rhaizan

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Mining and trading are both profitable but i will go to trading, because we can use a small capital to start trading.as far as i know mining need a big amount before you start because it will take long process. You need a big capital for computer mining, well just correct me if im wrong.

Dilladupak

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Quote from: SUDARMONO on February 27, 2018, 07:30:54 PM

To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.

If you really want a faster way for us it does not matter if you trade in the market, but with trading you can control the risks, so you will get faster profits in a short time, because I know the price of bitcoin every day tends to be higher of the current price.

SUDARMONO

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To get faster results and much I prefer with the way of trading than to mine, because trading can give us profits up to tens of percent in a day and that's one of the fastest increase in assets for me.

andrew1carlssin

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#Please, read:Daniel Ellsberg,-The Doomsday *wk

Quote from: andrew1carlssin on February 27, 2018, 06:59:40 PM

Quote from: JL421 on February 27, 2018, 03:22:10 PM

You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option

Nice point o view ... but let me try to compare whales and krills ...

Small trader ...

< (less than) 600 BTC trade volume in general pays higher fees around 0.25% as taker and 0.15% as maker

let me clarify my point o view ... it is about difference between 'centralised VS distributed' ... sound to me that the more centralised a network is..the bigger will get bigger while smaller will get smaller changes ... for instance ...

the Catchphrase ... "the rich get richer and the poor get poorer"
https://en.wikipedia.org/wiki/The_rich_get_richer_and_the_poor_get_poorer

While economics belongs to social sciences ... can we do some sort of analogy on STEM ?

Bervelukan

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Both are equally profitable, mine can generate profits on a regular basis and trade can also produce faster if we are not caught by the price slide when we buy in a more expensive price, and all also have their own risks and fortunes.

andrew1carlssin

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#Please, read:Daniel Ellsberg,-The Doomsday *wk

Quote from: JL421 on February 27, 2018, 03:22:10 PM

You can't compare the two on a general basis if a person is wealthy and has access to the lastest technology in a large quantity and starts mining he can make a good income from it but a person with just one miner , expensive electricity and different equipments like cooler it will be hard for him to keep mining profitable
That doesn't mean trading is guaranteed profit there are people who have lost huge in trading but as a normal person trading is surely a suitable option

Nice point o view ... but let me try to compare whales and krills ...

Small trader ...

< (less than) 600 BTC trade volume in general pays higher fees around 0.25% as taker and 0.15% as maker

avikz

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

Miners and traders are basically the two pillars of bitcoin network. Without any one of then, the bitcoin won't exist. While miners are the producer group and traders are the consumers. While miners ensures the network keeps on running, traders keeps the demand high. So both are equally important for the survival of crypto environment.

It is hard to say who earns more because if a miner use high tech equipments and have access to the free electricity, they can earn well without much risk. On the other hand, if a trader jumps in to the market with a substantial amount of initial investment and plays his bet right, he can also outrun the miner income by large scale but with huge risk.

Actually such comparison is hard to make because their income depends on many other factors as well.

r32godzilla

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Quote from: nalinpuri on February 27, 2018, 03:17:04 PM

Do bitcoin Miners Profit more than traders .What do you all think?

and also Out of both who can make income out of bitcoin?

Both make good income.But the miners income is limited as per their investment to buy ASIC miners.Also,for each mier they could only do sertain number of transactions to get confirmed.So their profit is limited.

But traders have unlimited access.They could make huge profit by trading.They could change their strategies as per the market situations and make enough profits.

Kokondao

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When viewed from the results I think trading is more profitable in a fast way if we can read the market situation and graph analysis.

Whibu

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Actually both are equally profitable but when viewed in terms of the most profitable between trade and mine I prefer profitable in trading, because we can generate quick profits and doubled in trading, and do not spend on equipment.

Topic: Bitcoin Miners vs Traders - page 3. (Read 471 times)