re: Mr Bitcoin Goes to Washington

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Bitcoin mining on the other hand is impossible to profit from without costly ASICs. If you have a Jet you'll make money, but I'd rather buy bitcoin than mine it after buying a Jet.

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Are you sure you will profit with costly ASICs? You would rather speculate than engage in an activity you claim would positively result in profit. I think that speaks volumes about your economic wisdom, and the advice you have provided the readers of this board.

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Is there a need to explain the difference in Alt-Coin mining and bitcoin mining again?

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No, it is you who insists there is some sort of distinction between the two that makes mining Bitcoins worthwhile and Alt-Coins not worthwhile. I don't believe there are any material differences that make one more worthwhile than the other. Is that clear enough for you?

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Alt-coin mining has been popular due to ASIC-resistance (Anyone could mine and make a profit).

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Another poster in this very thread has abandoned the activity because it is not worth the effort. So just anyone won't make a profit from mining Alt-Coin despite your claim.

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If you were to mine bitcoin, I'd suggest cloud mining.

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I can guarantee you I will not be mining Bitcoin now or in the future. And if you think I would follow your economic advice I would refer you to the first paragraph of this post as a reminder of how much I value your advice.