What I tried to say is, using my earlier post (four days ago) as an example:
First guy, miner/ investor, went and bought that gpu and is adding it to his rig today. He is -$400 on cash and is holding hardware worth of $300 (pulling this from ass). Estimated mining profits $1/day and he is back where he started from in 100 days.
Second guy, investor, went and bought 0.083 btc @$4800. He is -$400 on cash and is today holding btc worth of $475.
Third one, trader, opened a leveraged 5x long position on btc/usd. He still has that $400 (tied to position) and his position today is worth of $775.
To sum it up, first and second guy add some value to this ecosystem but third one doesn't (except volume). And still that leecher makes the biggest profits off all. Also if/ when market starts going south that fucker is the only one who makes money (shorting), the rest are panic selling or waiting for better times underwater.
How is this post on topic someone might ask? Well, sp_ is a leecher too. So is every "dev" who is launching or pumping these compute heavy coins/ algos. Or 90% of ICO's. Or shady exchanges. List continues...
The amount of stupid money currently flowing in is just so huge that everyone who knows how this shit works gets his "fair" share and then some. Knowing that new money is mostly after quick and easy profits helps when raping them.
No offence guys,
Antantti
Leecher