Quote from: tbd on April 09, 2013, 09:31:52 PM

Also, please explain how a company delivering ASIC devices will cause the value of bitcoins to increase.

A secure bitcoin is a more valuable bitcoin. If total network hash value was 1GH/sec and any random idiot could engage a 51% attack by mining with a couple computers, bitcoin would be worthless, no?

Increasing network difficulty (which is exactly what ASIC do) will increase the value of bitcoin. This has been proven repeatedly if you follow any of the historical price vs difficulty charts.

Quote from: dogie on April 09, 2013, 10:40:01 PM

Aah but there is the gamble. Few scenarios:

It's all irrelevant. BFL was selling FPGA devices long before the ASIC pre-orders. Are you assuming all the income from those sales evaporated into thin air?