Show that to anyone on the bitcoin mining forums, you'll get laughed at up your ass.

Try reading my posts before responding to them. You don't have to build anything.

That's because the forum is filled with functioning stillborns.

Building a computer nowadays is laughably easy, especially since a miner shouldn't even be built in a case.

There is very little "programming of settings" that is required. There is even a linux live usb called Linuxcoin that has all the necessary programs preinstalled and just requires you to basically type "start mining" to start mining. The author of that will even sell you a prebuilt USB key with persistance enabled and offers free skype support for anyone who buys it. It's like 2-3BTC IIRC. He doesn't take any cut of profits.

You're not talking to a bunch of apes and old people in this thread, you're talking to smart people who are involved with a very non-user friendly virtual currency. Post your sales pitch on facebook or something if you want to find idiots that can't copy/paste from a tutorial.

actually.. i did show them. and they agreed.
https://forum.bitcoin.org/index.php?topic=12333.0
funny, right?

Maybe you should try reading my posts before responding to them then.

LOL, ok chief.

Yeah good job, you based that off of ONE GPU. LOL!

No wonder your full of fail.

Not only that, difficulty starts to stabilize, once it reaches a certain point less and less people find it worth mining, THEN IT GOES DOWN, making it profitable again.

The system fails if it isn't profitable, which in return your saying Bitcoin fails.

Says the guy who doesn't understand the difference between sunk and variable costs, needs $1000 for a 25% ROI, and cannot get the money.

Also, you missed another huge factor, the price of Bitcoin.

It keeps going up.

http://bitcoincharts.com/charts/mtgo...gSzm1g10zm2g25

If you are counting on the price going up, a noob should just buy coins. Or someone who knows what they are doing should buy coins.

Or look for suckers to send you $1000 so you can make money for free for no risk and little work.

Troll cause I'm right and that I actually take the time to understand something rather than spitting out random things that have missed variables.

?
you cant get 0.9 gigahashes with one GPU.
how much do your mining-rigs cost and how many hashes do you get?

@Icy is your offer:

I give you $1000
You buy $1000 of hardware
I own 60% of the hardware

Then

You plug in hardware
You run a program
You send me 60% of any BC generated?

Do you not see that is not a very appealing offer to anyone? There's also no guarantee of any safety here, you could just flat out steal my $1k. Also, the technical know how of assembling a rig isn't that great (don't forget your appealing to an early adopter tech orientated market), and as Tom pointed out you can just buy a pre assembled rig if your that unsure about assembly.

I'm constantly amazed the more time I spend in finance orientated forums online how rubbish people are at proposing something. 99% of them don't go further than a vague sort of forum post. When I was a lot younger I sold a website online, spent a lot of time making sales docs, presenting it well, it really wasn't that hard, and the guys who bought it who are in the business of buying websites said it was the best presented sale ever. I couldn't really believe it because effort wise it wasn't even that hard but it just goes to show you can get a massive edge not coming off as a complete amateur.

99% of these sorts of propositions online also are followed by criticism (because the whole thing looks so ridiculous) which is then met by personal insult. Those sorts of deals are money down the drain your better off spending $1k on scratch cards.

This isn't trolling, chief. I've modeled this stuff, probably far more in depth and far more accurately than you have. Feel free to find my older posts. Your post is a huge scam and a huge ripoff to anyone interested. I'm going to point that out, especially since several better alternatives exist (buying a prebuilt mining rig for a fixed cost, or just buying coins outright). You're services are a joke.

Wow are you kidding me? You make mining sound like its easy, just because YOU know how to do it doesn't mean the rest of the world knows how. I'm getting very annoyed at people who don't consider the work and knowledge it takes that others don't have. Its not that hard to comprehend.

how would a price-increase make you able to mine more coins in 1 million years?

If you did some research, Bitcoins will stop being created around 30 years from now, stopping at no more than 21 million.

Plus I won't be alive? This question wasn't even worth answering.

I mean, it is easy. Once you have a computer and have it turned on, you've basically passed the test to be able to download a GPU miner if you're not a complete mouth breather. Anyone in this thread would probably spend 10 mins of their time linking them to articles, guides or offering help if they got stuck.

But A* on a really compelling argument and business plan it looks really juicy. You also seem like a balanced individual who I could trust $1,000 to.

Yeah but you still fail to understand a common person would take months just to learn all this, my mom or dad being an example, or countless friends who have little to no interest in computers.

To ME and YOU its easy, to others its not.

So me and you should build miners, and others should buy coins. There is no one who should pay you 40% of lifetime profits to do something they could pay a flat rate for.

Why don't you make the same sales pitch to your mom and borrow her credit card instead? You won't have to argue with all of us about it and it's just a trip down the stairs to get your money.

And if it's not easy, you either pay someone a flat fee to set it up for you, or you just buy a rig that is ALREADY CONFIGURED for mining. Unless you think people are too stupid to plug it into the wall and turn it on.

If it's so profitable, there is no one you know that will loan you $1000 at 10-15% interest yearly? Put your own skin on the line.

Those machines aren't even "plug and play" plus require much more money, you can build a machine 5x more faster for $1000 than the machines they sell for $1000.

Orlly? 5x faster? For the same money?

Looks like you've identified a gap in the market. Why not buy and sell 5x faster machines for the same money, and make them plug and play!

Then all the hundreds of mums and dads lurking these forums who want to mine, but don't know how to push a button, can finally enter the market.

dont f%$§&/ing tell me that i didnt do enough research. clearly everyone in this thread knows more about bitcoin profitability than you do.

you can replace "1million years" with "1 year". doesnt make any difference. you wont get any new coins by then, because the difficulty is so high.