Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
FeedbackLoop
on 04/11/2013, 20:48:06 UTC
Thanks for sharing your experience. Really value it.

Aren't you? At least in part?

No. Not even in part. For that I use a day job that fulfils that need completely (fortunately) and I think that's the case with the majority of the people in this thread (not saying that mining full time is not OK but then you will be competing with hobbyists/small investors in a way not seen in other investments, which is beneficial to Bitcoin like I discussed in an earlier post). You can start drawing future scenarios for my person or define "food" and "debt" in such a way that you can say "at least in part" but then there's very little meaning in the question: "what are you mining for?".

Short Form. I think BTC will continue to rise against traditional fiat, and I think of it more as a store of value than a daily currency.

I prefer to think of it as "mostly currency" with properties that make it hold value better in it's money aspect than most FIAT currencies, but I really don't think anyone wants us to debate that here and I'm not that interested in definitions.

Cheers!