Your assumption is flawed. If your saying the USD value of bitcoins go up. And you profit from mining coins alone.
From that in the long term.
A person is better off just buying 200 coins and holding them if it is going to go up.
Then buy this rig.
Person A buys this rig for 200 Coins.
BTC goes up to $500.
He makes 85 Coins in the life time of the unit.
He makes 85*500=$42,500
Sure Person A profits going by your statement.
Person B buys 200 coins holds it.
BTC goes up to $500.
He has 200 coins still.
He makes 200*500= $100,000
If you see the comparison, why would someone choose Person A over Person B?
I do agree BTC could go up, and even lots in the future. But that means
Person B is better off then Person A.
Difficulty is going up to infinitey, from all these emergencing companies, Cointerra dropping 2PH.
Hashfast Dropping 500-1000TH, BFL dropping some, Asic miner, Labcoin, ETC.
So Person B is far better off then Person A.
Here it comes, I know you will say it. Troll bla bla, shit my thread.
Always does, even when I tell the truth.
Granted, it may make only 8500 dollars by may or it may make 100k, but we are talking coins, not dollars. Still, if it made 8500, thats a pretty good return in about 6 months.... The btc has gone up about 30 percent in the last month, not quite keeping up with the difficulty, but its holding its own..
Anyone that gets into mining is taking a risk, those that are in for the "For sure, quick buck" shouldn't be mining...
Good grief, I hate trolls....
