Topic: Don't listen to all the propagandists. Mining is fine. - page 5. (Read 10296 times)
Most of the time, people talk their book.
I call this thread a propaganda by the OP to raise difficulty in an attempt to raise the value of his bitcoin investment. Why else would anyone bother writing things like this unless they had something to gain.
Everyone already knows that you don't recover you investment at this point and investing will return better yields. You telling them to mine instead has got to be for one reason and one reason only. To try to get lazy people who won't do their own calculation to mine away while you put your money to buy bitcoins instead. If they bought instead of mining they would make more also, but it won't help raise the price of btc for you.
GO AWAY YOU PROPAGAIDIST YOU!
Everyone already knows that you don't recover you investment at this point and investing will return better yields. You telling them to mine instead has got to be for one reason and one reason only. To try to get lazy people who won't do their own calculation to mine away while you put your money to buy bitcoins instead. If they bought instead of mining they would make more also, but it won't help raise the price of btc for you.
GO AWAY YOU PROPAGAIDIST YOU!
Mining is profitable in the long run. Most people who are wanting to get into mining seem to think that they'll be making money from day one, which is far from the truth, and that's why I warn people to look into mining and see if the have any uses for the hardware if mining doesn't work out.
Also, a lot of people come in wanting to make cpu miners, which are fair to say very inefficient since the electricity cost to run dedicated cpu miners is more than the fractions of bitcoins that they might generate.
I agree 100%. For computer nerds like me, making mining rigs is run and I'll have a use for the hardware beyond bitcoin mining.
Also, a lot of people come in wanting to make cpu miners, which are fair to say very inefficient since the electricity cost to run dedicated cpu miners is more than the fractions of bitcoins that they might generate.
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In conclusion, if you think it would be fun to participate, go for it. Hopefully you know something about hardware, software, and trading. You'll probably make your money back no problem. It may take a few months. Bitcoins probably aren't going anywhere though.
I agree 100%. For computer nerds like me, making mining rigs is run and I'll have a use for the hardware beyond bitcoin mining.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
I think you buy bitcoins instead of mining, and this is why you try to convince others to mine instead of buying. That way more bitcoins are mined in a shorter amount of time, and you will have less competition when you buy bitcoins so you get them cheaper.
Oh, and I think you must be pretty dense to not realize that EVERYONE KNOWS THAT IT'S IN MINERS' BEST INTEREST TO DISCOURAGE OTHERS. It's not like you're letting the cat out of the bag or anything.
"Oh no, the jig is up!" ...Not hardly.
Everyone knows that anything negative spouted on this forum about mining is partly to defend our own future profitability. You think some people don't know that?
A reader needs to take everything on its own merit -- either it's true or it isn't. And yes, a person should read the pros AND THE CONS of something like bitcoin mining before jumping in head-first. It's called getting a balanced view.
You think all the stuff I pointed out is just so much BS calculated to scare you away from mining? Go ahead and believe that at your own peril. I didn't post *anything* that isn't 100% true. Heck, half the time I post mathematical figures, which don't lie.
"Oh no, the jig is up!" ...Not hardly.
Everyone knows that anything negative spouted on this forum about mining is partly to defend our own future profitability. You think some people don't know that?
A reader needs to take everything on its own merit -- either it's true or it isn't. And yes, a person should read the pros AND THE CONS of something like bitcoin mining before jumping in head-first. It's called getting a balanced view.
You think all the stuff I pointed out is just so much BS calculated to scare you away from mining? Go ahead and believe that at your own peril. I didn't post *anything* that isn't 100% true. Heck, half the time I post mathematical figures, which don't lie.
A bunch of harpies who are angry at reduced profits due to difficulty increases have taken it upon themselves to whine loudly on the forum about how mining is a bad investment.
These people invariably have their own mining rigs: they don't follow their own advice. They're trying to avoid further difficulty increases, which may make them lose money.
Mining is still very profitable, and if it wasn't, these assholes wouldn't be spending their free time trying to convince you not to do it.
In conclusion, if you think it would be fun to participate, go for it. Hopefully you know something about hardware, software, and trading. You'll probably make your money back no problem. It may take a few months. Bitcoins probably aren't going anywhere though.
Just remember: all of these people trying to convince you not to do it, are themselves not following their own advice. If they did follow their own advice, they would sell their bitcoin machines RIGHT NOW to other miners via craigslist.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
These people invariably have their own mining rigs: they don't follow their own advice. They're trying to avoid further difficulty increases, which may make them lose money.
Mining is still very profitable, and if it wasn't, these assholes wouldn't be spending their free time trying to convince you not to do it.
In conclusion, if you think it would be fun to participate, go for it. Hopefully you know something about hardware, software, and trading. You'll probably make your money back no problem. It may take a few months. Bitcoins probably aren't going anywhere though.
Just remember: all of these people trying to convince you not to do it, are themselves not following their own advice. If they did follow their own advice, they would sell their bitcoin machines RIGHT NOW to other miners via craigslist.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
"What is an ad-hominem attack?"
Oh, wait. This isn't Jeopardy.
(For those who don't know, an ad-hominem attack is an attack on the PERSON rather than his argument -- usually because his argument is impregnable and can't be refuted.)
To put it more plainly: if you disagree with anything I posted (which is nothing more than FACTS and REALITY), please feel free to quote me, disagree with any/all points, etc.
For example, I never said mining was unprofitable. But I am certainly one of the "realists" or "voices of reason" (you might call me a "wet blanket") on this forum.
I could call you names as well, but I refuse to sink to that level.
Matthew
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
Of course. Just look at how Namecoin mining continues to be more profitable than BTC mining after people started bragging about it on the forum.Oh, wait...
Right, miners have realized that since mining is competitive, by bragging about it they ruin their own golden goose.
That's why there is now a concerted effort to discourage newbies from starting up. Newbies are threats to profit.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
Of course. Just look at how Namecoin mining continues to be more profitable than BTC mining after people started bragging about it on the forum.Oh, wait...
A bunch of harpies who are angry at reduced profits due to difficulty increases have taken it upon themselves to whine loudly on the forum about how mining is a bad investment.
These people invariably have their own mining rigs: they don't follow their own advice. They're trying to avoid further difficulty increases, which may make them lose money.
Mining is still very profitable, and if it wasn't, these assholes wouldn't be spending their free time trying to convince you not to do it.
In conclusion, if you think it would be fun to participate, go for it. Hopefully you know something about hardware, software, and trading. You'll probably make your money back no problem. It may take a few months. Bitcoins probably aren't going anywhere though.
Just remember: all of these people trying to convince you not to do it, are themselves not following their own advice. If they did follow their own advice, they would sell their bitcoin machines RIGHT NOW to other miners via craigslist.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
These people invariably have their own mining rigs: they don't follow their own advice. They're trying to avoid further difficulty increases, which may make them lose money.
Mining is still very profitable, and if it wasn't, these assholes wouldn't be spending their free time trying to convince you not to do it.
In conclusion, if you think it would be fun to participate, go for it. Hopefully you know something about hardware, software, and trading. You'll probably make your money back no problem. It may take a few months. Bitcoins probably aren't going anywhere though.
Just remember: all of these people trying to convince you not to do it, are themselves not following their own advice. If they did follow their own advice, they would sell their bitcoin machines RIGHT NOW to other miners via craigslist.
I'm not selling my mining rigs, and they aren't either, because we all know that mining is profitable and fun and will most likely remain profitable.
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