Quote from: DeathAndTaxes on November 29, 2013, 04:03:06 AM

Quote from: pipelight1 on November 29, 2013, 03:54:49 AM

I am lost ? Is he talking about mining it ?

Yes and Yes.

Yes correct, I was talking about mining.

Now of course one could always buy bitcoins directly but then if price goes down lose it. That felt more risky to me than mining.

I feel mining is less risky because just because the price of Bitcoins go down does not mean anything since the rig is still mining coins. In fact when the price goes down, a lot of miners will drop out and hopefully lower the hash rate out there allowing better mining returns in coins.

Anyway, its nice to see that most everyone will make back the money invested in rigs and make some money while they are at it if demand for the coins stays like this. :-)