Quote from: VentMine on March 16, 2017, 07:55:20 PM

Quote from: Iranus on March 13, 2017, 07:58:24 AM

Quote from: ryder004 on December 05, 2016, 08:40:41 AM

Quote from: Biffa on December 05, 2016, 08:10:51 AM

Can you afford to wait a minimum of 12months to make any profit? That's the question you need to ask.

Yes.
And a 100% return on investment in 1 year is gold
Is there a real possibility it can go there?

Yes, but Bitcoin mining is pretty risky to get into now because:
-You don't know what transaction fees etc. will be in the future so your income will not be consistent.

-In 4 years there will be another 'halving' in which the rewards for mining a block will be cut in half, making it harder to profit.

-You need to consider exactly how resolutions to block size issues are going to affect mining.

Fortunately what will make you profit is holding the Bitcoin you earn, as it is most likely that the price will rise over time.

These points you make are not relevant at all... Transaction fee's have always been uncertain, Halvings have always been known, uncertainty in the political scene have always been an issue.

It always a problem but now it is at make it or kill it levels.
He is right because back in the day it was affecting how much you make, now it is affecting IF you can make any money at all. So, if any of those happens you may never ROI at all. That is why it is more important now than ever.