Post
Topic
Board Speculation
Re: Lesson learned.
by
Caffarius
on 04/08/2011, 18:06:16 UTC
Even making these outrageous assumption the annual return on investment is 20%. If you no where to get a 20% interest rate on a $1000 deposit please tell us.

You naysayers are foolish. This ain't no  zero sum game. You have to compare mining to all other forms of increase. Obviously at $10 per BTC it's still an order of magnitude over a deposit account.

https://docs.google.com/document/pubimage?id=1XR4M0NGko0117a98cEvLMi8lCklAGHPDYyH5Yc9kD98&image_id=1SKdaY2ddwWnMbNCmF4ApNZ9zxeS1HA
As much as I'd love to think the difficulty would stay in this area for the next 12 months, I don't think that's how it works.