The days of making fast money by mining are over. Supporting Bitcoin by mining helps secure the network and makes your holdings more valuable in the long-run. Helping other people only helps Bitcoin grow. The real competition is in the large industrial mining and most of them don't need your help.
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Bitcoin mining has shifted to major mining companies. It's just a fact of life. Today it's a very tough way to make a little if any cash at all after costs, but that may change all too soon once again...
But the growth in the value of Bitcoin in fiat currency terms is extremely far from over. Simply buy Bitcoin and hold on to it no matter what. Save it. You will soon enough be glad you did. Think in terms of years, not mere months. Your future may well depend on it.
Bitcoin can and certainly will help save us from any poorly managed monetary disasters. Or in other words from Central Banksters and Governments that inflate the value of our currencies away endlessly. The world is awash in unpayable debts. The interest payments alone are gutting our governments coffers. It's so extreme today Europe, Japan, and The UK as well as the USA are all unmitigated disaster zones. China too is a disaster of extreme Bubbles of debts. I suppose I read a lot more than most of you being much older but just as concerned as anyone.
Stop being unkind to noobs whom ever they are.
As for the Must Read, he lost me fairly quick tossing in an alt coin I care nothing about and was none too pleased he spamed this BITCOIN Forum with it of all places. I did fast scan his article, he had some points but really lost me when he stated not to bash the government or whatever and that their the ones with the power. Bullshit. We are the one's with the power. I refuse to be an economic slave from cradle to grave. Besides it's not governments that are the enemy; it's the Owners of the Central Banks. They have enslaved every government and it's peoples from cradle to grave.
Hence the need for this Decentralized Revolution starting with Bitcoin.
1. END THE FED.
2. Abolish ALL Debt Based Fiat Currencies.
3. Every government must print their own Debt Free Currency, or switch over to a Decentralized Cryptocurrency such as Bitcoin, or their own.
These 2nd Gilded Age of Fraud & Greed is soon ending, and a Hard Monetary Reboot looms large. Mark these words. But we wont "collapse", but instead merely a quick re-organization and a new set of monetary schemes if the Banksters (Central Banks) have it their way. But we will all be poorer for it. Unless we have Bitcoin, or maybe Gold, and other Hard Assets paid for In Full with no liens on them.
The idea is to get it across to the governments whom already fully well know who butters their bread and who gives out their orders that they don't have to follow. (the Banksters and most powerful Corporations). Instead the Governments need to abolish their Central Banks and currencies as they utterly fail, again, just like they have three times already in the last century alone. And tell the rest of the many thousands of Corporate lobbyists to take a hike. Of course that last part may be the hardest part of all. But the Banksters are in everyone's cross-hairs today. Even Congresses cross-hairs. No one cares for the Banksters and their Debt based Fiat currency schemes.
I absolutely hate reading about giving in, giving up, and being a financial slave from cradle to grave when it's gotten so severe that those half my age (most of you) are going to have much worse than I ever did at your ages unless we all MAN UP. And our government leaders finally do too.
I wont ever give up. NOT EVER. And I don't live in fear.
RE: Don't bash the government??? Do what??? I dare you say. O, be obedient worker slaves. That's Anti-American! That's Commie talk.
And this fools fool says stop bashing the government??? Really. The Coward. That's like Anti-American, just like the Bailout Queens!
What next? O wait? How bout sell some precious Bitcoin for a crapcoin he loves? No thanks. Really, thanks, but NO THANKS. SPAMMER!
Bitcoin is Freedom.