Stop wasting you money, keep on mining, it is supposed to be fun, and not a get rich quick scheme. At least, not for the majority. If you are in crypto and trading to get rich, good luck to you all, pretend you did not read this...
mining is the safest route to lose monies now that scrypt asics are out:
https://bitcointalk.org/index.php?topic=409756.msg4709897#msg4709897
just ask to the btc miners how are they doing.
but you may have a point. I would add that exchanges are probably frontrunning their users skimming most of the profits.
but until i keep getting substantial daily returns from this bot i'll keep using it.
If you mine BTC, you are mad
check coinwarz.com for most profitable scrypt and sha256 coin mining, fill in the appropiate mhs or khs, and it will show you the coins and time frame, adjusted with difficulty and price from various trading sites, that you can mine the equivalent of 1 btc with lotto, doge, moon within 30 days with an average mining rig... Tell me,, how many of you make 1 btc profit in month, daytrading, with a start capital of let's say 2btc? (and with 1.2btc if you bought software)