Quote from: omshree on December 02, 2017, 09:59:07 AM

Quote from: abudfv2008 on December 02, 2017, 06:17:58 AM

Quote from: bensam1231 on December 02, 2017, 05:48:02 AM

We aren't talking about prices five years ago, we're talking about right now and the last couple months. You've been able to make more by holding BTC then buying mining equipment for the last five or so months.

Yeah, seems you're a victim of your own logic. As I've already mentioned BTC, currency is fluid. Meaning instead of holding it you can sell and buy mining equipment. You CAN'T do that with mining equipment, mentioning this for the third time because you keep seemingly overlook it.

No, you didn't manage to catch up with BTC, your math is seriously flawed. It's all percent based dude. This last month BTC increased in value 54%, the amount you earned back on that GPU is 19%, that compounds, which you're attempting to do, but also forget that applies to BTC as well. Meaning if you earn more, that will in return also earn you more. I'm not sure why you're stuck on GPUs being some weird sort of magic money creator that doesn't apply to other parts of investing.

And also, no you didn't make 3x ROI in five months. That's fucking retarded. That means on that $2500 you were earning $1500 a month. Based on $2500 I'm going to assume it's a 6x1070 rig. At $2.5 a day (completely disregarding power costs), you earned $450 a month. Meaning you still haven't quite ROI'd in five months. Otherwise you were earning $7.5 a day per card, what coins have you been mining these last couple months? Profits haven't been that good since the beginning of summer and it only lasted for about a month. And no your cards aren't worth 4x their value. They're worth less now then when you bought them as they've been depreciating. The closer we get to new release of GPUs the more they'll depreciate. $400 in BTC is still worth $400 (actually it'd be worth a lot more now as BTC has been appreciating). GPUs don't appreciate

'But what if' is not what we're talking about. I wasn't talking about fantasy. BTC increased by 54% over the last month as of making that post. I'm not even sure why you're doing 'what if's', this isn't make believe.

If you have problems with maths - don't call someone retarded - it is solely your problem.
If 10K invested in GPU's made 35K in 5 months - it is 3.5xROI. Additionally 10K in GPU's cost even more now.
So in 5 months 10K => at least 45K.
10K invested in BTC => 40K today
Return to school boy - don't look more foolish than you are.

10K rigs ROI in 1.4 months? Please teach me master! You must have an ASIC factory in your garage.

Simple math. Best case scenario(unrealistic and incomplete) 10000$ / 250$ = 40 rx 570 (let`s forgot psu, mobo, ram etc..)
Then profit is around 2$ per gpu per day with .10/kwh. So on a positive side let`s say we have 31 days months. So it`s 2480 of profit per month...

10000/2480= 4.03 month to roi.

But there`s some unpredictable variables to add to mining and it is: What if you have been lucky and have start mining 2-3 months before the masses a low diff coin and this one jump 300% one day following a pump. Have got this result mining Zencash while everyone was mining eth. An other one that have happened to me. Have bought some Amd 570 before the Eth mining mania and have been able to sell all of them with a 100$ profit and then have rebuy some Gtx1070 at retail price and then add the option of mining Equihash efficiently . And now if I want to buy some Rx(best short term Roi) the price have returned to normal and even better I have rebought some rx570 that I have previously sold to a guy under retail price and as extra got the mobo and all the hw to complete the rig...

Sometime the game is about timing and moving fast to stay ahead of the game. Holding coins and pray is not for me 99% are shit coins anyway, I make way much more $$$ with day trading then mining, but mining is a passive income that I still found interesting cause day trading is pretty time consuming. Spending almost 16h a day on that.... But nothing is free and this is not for everyone, 90% are too lazy and fail.

So which one is the best? Holding or mining? Both have their plus and minus, I guess....

Maths with unpredictable variables = 0 . Roi time could be + or - .

Jackblow33

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