Quote from: edonkey on October 03, 2014, 04:58:02 AM

Quote from: CustomChickenDelivery on October 02, 2014, 10:54:18 PM

Understood- the current state of mining does not provide a satisfactory return.
But what happens IF btc spikes to 1200us? Then everyone who bought in will look like a genius.
And then the whole cycle will start up again.

Nope. No mining necessary.

If you believe BTC will spike to $1200, then buy it now at $376.76. No need to risk hardware purchases or electricity costs.

Hasn't the myth of mixing currency speculation (i.e. wishful thinking) and mining been so thoroughly debunked that it's beyond reasonable doubt?

+++1 Home mining is dead. Sorry folks.