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Mining is just like any other business. You pay income-tax, but you deduct all costs as well (hardware-investments, VAT, and energy-costs). If it is profitable, it depends on your personal circumstances, and what country you are living.

I can give you answers.... but don't like Trolls either.... And as your name is "Shitcoin" you will be very probably one of those...(So, I'm out).

Yes, clearly "buy the rumor, sell the news". The moment the Huobi Exchange, opened his doors, large sellers came in. No problem, I'm in for the long run anyway.

I do not hate Litecoin at all (I own both).... Litecoin is the leader of Scrypt-family (Bitcoin is leader of SHA-family). Both are OK. I don't like copy-cats from the leaders. Also: they don't decouple, it's just that Litecoin is much too cheap (it should be 25% of Bitcoins price, if they...

You beat me on BacOn... At that time I was enjoying my Dinner. :) But thanks indeed.

You should read "newguy05" post again and again, and again... And what do you mean by "we miss (again!!)" ?? Only thing you do is writing posts on ET, but you never ever have bought (or sold) any coin. ...... you just don't dare to.

Good point: don't touch shit-coins (keep focus to Bitcoin/Litecoin and your are fine). Maybe just maybe, some alt-coins will emerge by having some unique property (technically/socially/geometrically or what ever). But stay away for at least 2 years, so it can prove itself.

Man...what an Ignorance.. Yes you can buy Cars with BTC, even yachts and Houses. And yes also your electricity bill (there is a Service-provider for this, I read some where). And have you ever visited www.overstock.com ? Or www.tigerdirect.com ? just to name a few.

TROLL "One who posts a deliberately provocative message to a newsgroup or message board with the intention of causing maximum disruption and argument "

First: So what?. if that is cheaper, faster and more secure: then Great ! Second: it's not true that all discussions are around USD.. You, forget that 3600 coins are mined each day, and miners use these to buy things in BTC (there are btc-only shops and website) or things in USD. Further...

No, not the wager but the outcome of the wager, proves or disproves Buffet's point (which is if it is a "mirage" or not). And be aware: this wager is Initiated by a Buffet-lover who challenges the Bitcoin-community. Buffet's point isn't USD in, USD out....That's YOUR point. Which isn't any...

And another Bet. Now for 1000 BTC (about $630.000) http://bitbet.us/bet/786/bitcoin-to-surpass-berkshire-as-an-investment/

But what IS relevant, is that he doesn't have any knowledge about technology, the internet, social-networks or Crypto-protocols. So why would his stance have any value? It's the same as asking my opinion about American-football (while I'm a Soccer fan).

Maybe you should read this (from Congressman J. Polis) http://i.imgur.com/B4v7Uxv.png

This will be fun ! A real wager for 300 Bitcoins against one single Share of Class A. Berkshire Hathaway stock :) If Bitcoin's price is (about) above $756 in one year time, then the winner takes $183,860...

To balance opinions: Bitcoin-community on Warren Buffett: http://www.reddit.com/r/Bitcoin/comments/20ebo8/stay_away_from_bitcoin_its_a_mirage_warren_buffett/

Huobi (biggest Chinese Exchange) will add Litecoin on March-19 (so now all Chinese Exchanges offer Litecoin, together with Bitcoin). Asia leads the way...

Of course I know that. They will find a profitable business-model that both kinds of money and companies can work together. By the way: Carl Icahn tries to split them up....

Indeed! It just tells us how MUCH upside there is...we are just embryonic. LOL, just ask Overstock.com and TigerDirect.com (and it will not take long before eBay will join).

Pff.... on the contrary (your chart looks like "the end of a short-leg period"). Fundamentally: number-of-Consumers-using as well as the number-of-Merchants-accepting Bitcoin grows 12 to 20% each month, and it doesn't show a slow down! Where do you find any product or any economy growing...