Post
Topic
Board Bitcoin Discussion
Re: Did you mine it or buy it?
by
BTCevo
on 26/04/2015, 12:24:13 UTC
Why so many people now buy bitcoin rather than mine it? Mining is one of the best invest in this bitcoin altough it is so slow for now but still we can mine and get btc from it and if you guys always buying bitcoin when will you get your own bitcoin? I dont think you guy got some profit because you can't earn back after you lost it

Why shouldn't people go and buy Bitcoins!? It really doesn't matter if you mined the Bitcoins yourself or whether you bought them. If you're mining in a pool, you don't even get the Bitcoins you've mined - you most likely haven't even found a block, you just made sure a certain range of hashes didn't contain a valid block-solving-hash.

It just the same like you buying things then. If you are buying bitcoin with all of your money why dont you just do trading altough bitcoin price is too volatile but at least you wont spend your own currency to buy it. Its just like using your invested money to be invested again. Yes nowadays so many blocks to solved thats why so many people suggested me for buying but it just wasting you own fiat money