Post
Topic
Board Hardware
Re: BFL is Probably doing fine financially.
by
dogie
on 09/04/2013, 19:41:08 UTC

Can't use preorder money like that, its fraud. In the same way I can't sell you a computer delivered in 6 weeks and gamble it all in the mean time.


Please indicate where I suggested they use pre-order money to buy bitcoin.  I didn't.  I'm under the impression BFL had *some* capital to start up with, especially considering they had been producing and selling FPGA devices long before preorders for ASIC started.

The one with 100m coins in circulation, or the one with 200m coins in circulation.

Do you have any idea what you are talking about?  How did you even get out of the newbie lock on the forum without discovering the basics of bitcoin?  There will never be more than 21M bitcoin.  Mining produces coins at a very regular rate, thanks to difficulty adjustment, and ASIC certainly won't mine more coins than GPU.  I think you need to go read some basic FAQ about bitcoin before making idiotic statements about them that aren't true.

Thanks herp derp, but it was an example scenario with double the currency available. Avoid the topic, its okay.