Quote from: Rodyland on April 06, 2013, 08:47:35 AM

http://en.wikipedia.org/wiki/Post-purchase_rationalization

http://en.wikipedia.org/wiki/Choice-supportive_bias

http://en.wikipedia.org/wiki/Escalation_of_commitment

You can sell your BFL pre-order on eBay and make a tidy profit: http://www.ebay.com/itm/60-GH-s-Bitcoin-Miner-BitForce-Single-SC-ASIC-Butterfly-Labs-Get-in-NOW-/261195953343?pt=PCC_Video_TV_Cards&hash=item3cd07df4bf -- 24 bidders and over $3K right now. Note that the links above referencing psychological self-justification for one's purchases could be applied not only to ordering hardware from Butterfly Labs but also to many other purchases such as buying Bitcoins. Both are speculative and risky, and both are highly profitable at the moment from a fiat currency point of view.

It should also be noted that an entire ecosystem of trolling has evolved on the subject of how one has chosen to speculate with one's money. While we're on the subject of psychology, I imagine the incidence of mental disorders would be high within this group, perhaps with narcissism and related disorders leading the list? So how about we all take a moment of silence for all of the poor folks here suffering from such disorders and think about setting up a Bitcoin fund to pay for therapy for those who want to be treated? Grin