Post
Topic
Board Mining speculation
Topic OP
1.1THS makes barely $20 a day!!!
by
lphelps
on 12/05/2014, 05:28:36 UTC
So much for thinking 4 months ago that once I got over 1.1THS on a cloud mining site that I would be making over $100 a day... and that was after maintenance fees.

Combined with the shitty low price of BTC now and the fucking difficulty ramping up to the moon every 12-13 days, I now see why mining is only for the fucking wealthy that have money to throw away..

I'm still waiting for BitCoin to explode in value.. There was a rumor back in January that by end of Q1 2014, BitCoin was going to be over $1600.. It appears after MT.GOX the price has gone to shit.. Next is this China thing.. Everybody seems to be trusting on the Chinese as they do the Federal Reserve..

From what I'm hearing from Cliff High of HalfPastHuman, BitCoin is going to sink even further in value by June, because the USD is magically going to gain in value through the usual bullshit.

This is getting beyond ridiculous... I wouldn't be a bit surprised if the global elite drive down the price of BitCoin to $10 and then they use their central banks to buy up nearly all the loose coins and then they just shelf them to get them off the market...