Post
Topic
Board Bitcoin Discussion
Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken?
by
static
on 29/07/2011, 22:19:47 UTC


so what would you have said to the miners in the beginning when they were paying for electricity -

and bitcoins were trading for 8 cents - with no buyers?



if they had listened to you -

bitcoins wouldn't be roughly $14 dollars now...



you're not factoring in faith.

early adopters had faith in bitcoin's future -

you don't.



so you did the right thing by leaving.

more for the believers.