What in the heck are you guys thinking?!? Have you ever even tried the currency exchange game?

Please explain to me how spending say 110 in the past say for a BFL single to have it mine maybe 10 or say 15 btc over it's lifetime EVER EVER going to be a profit?! Why is mining better than buying and holding on to the coins? The only way mining will ever be worth it is if you paid with fiat. Then and only then you are truly betting on the exchange rate of btc -ie you are long BTC to use trader speak. So if the exchange rate keeps on going up and up even if the hardware only mines less than what your fiat bought you in btc terms at the time you purchased the hardware then you are still IN PROFIT IN FIAT terms, but then that begs the question why did you even do that. Why not just keep btc that you bought with fiat at whatever price and go long btc. You would've had MORE overall had you not spent it on some digital gold digger that will likely mine less than what you put into it!

Let's be honest here. The main reason we do this is because:

a) we enjoy playing with the technology
b) we have some fetish about mining
c) we are fools cause we think we will actually make a profit in btc terms
d) we are too gutless to trade btc
e) we don't have enough fiat cash to buy hardware so we reinvest or invest btc instead
f) we enjoy making the ASIC mining companies rich

The reality is that you will be outgunned by people with more money than you when it comes to mining.