Quote from: Don007 on April 26, 2015, 01:16:20 PM

Quote from: BTCevo on April 26, 2015, 12:24:13 PM

Quote from: minerpumpkin on April 25, 2015, 08:50:29 PM

Quote from: BTCevo on April 25, 2015, 02:03:25 PM

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

If you look at it that way, you have to spend your own currency either on buying equiptment or on BTC directly. However, it is hard to ROI when you buy equiptment (especially if you have high electricity costs).

Sure, your direct investment in BTC can end up being less than 100%; being worth less than you Original invested (in your own currency). However, you still remain the same amount of BTC then.

But still buying something that is volatile is risky and it really hard to the ROI too but it is lower that buying equipment right? Actually invested in my own currency seems to get some profit too altough its not higher than btc but its much safer than volatile bitcoin. And how am I still remain same amount if I end up less than 100%?