It's disheartening to get into bitcoin so late in the game. With ASICs coming out, it's completely unrealistic for anyone to try to get into mining.
Users with over 1k coins, and over 100k coins are the same users that got into the ASIC market when it was first announced.
It's turning out to be just like all other money in the world with the majority of it being controlled by the top few players.
Users with over 1k coins, and over 100k coins are the same users that got into the ASIC market when it was first announced.
It's turning out to be just like all other money in the world with the majority of it being controlled by the top few players.
Trust me, deflationary currencies are like nothing you'll have ever experienced, the only reason people won't be able to make money with Bitcoins in this economy is because everyone is too focused on mining, I'm already beginning to see places I frequent accept Bitcoin. Once most people start getting fed up with mining then we'll start to see a real economy growing and it will make the paper currency economies look ridiculous.
Don't mine for profit, set up a business or do some work for Bitcoins instead, it's easier on your computer and more cost effective
