Quote from: m3ta on July 06, 2013, 04:47:01 AM

John Doe and his GPUs can not make a profit anymore. Only John Trump and his larger investment can.
Bitcoins were only valid when anyone could make a profit, albeit small, and drive its economy.
Right not, it's elitist. As in, bad.
John Doe has left the building.

poppycock.

the average joe will be more interested in mining with a lower entry point via single chip asic miners.

Everyone else can buy bitcoin from miners.

Miners can and will make money if they manage their investments well. I for instance, shut my gpu farm down 6 weeks ago (not because it was unprofitable) but because I miner sense tingled and told me to resale them rather than switch to an alt coin. That was lucky (as it turned out). But and this is the fun part - most of the smart miners were still working off plans that had a slower increase in hash rate... and a btc price of 10 or 20 bucks. (and the current high prices have let us continue mining long past our expectations).

Just because every joe can't 'make his puter make bitcoin' doesn't mean people still won't want bitcoin. So no - I don't care in the least that joey had to turn off his gpu and stops stealing electricity from his parents and can't buy pot on SR. This is business... and having most miners be businessmen is going to be a good thing for bitcoin in general.