Post
Topic
Board Hardware
Re: Received BFL Jalapeño Today!
by
nandika
on 30/04/2013, 14:03:31 UTC

For a $149 investment it'll repay itself and make $1300 on top in one month of mining.

Think again. You paid about 23 BTC 10 months ago. You'll make .3 btc/day. Even if the difficulty doesn't skyrocket (which it will), you need more than 2 months to just break even. You aren't making any profit for a long time.

Scared is right to be happy because he invested 149$ in the bitcoin currency (through the jalapeno)
and his return will be 149+ $ (actually thousands of them).

Scared will be right to be happy that he invested in the bitcoin currency through the jalapeno
instead of directly buying bitcoins when his jalapeno will mine for him more than 23 BTC.

Will it?

23 BTC is now worth....3266.03226 USD (or about 22 jalepenos)

So...how about someone do some math on the difficulty going up with a constant period of adjustment. What will it take to get back the 23BTC?

Why the hell are trolls always talking about the bitcoin value going up against buying anything with bitcoin?? (for now the jally)

If noone would spend their bitcoins could it be actually used as a currency? I thought bitcoin was made to skip banks while making transactions online, to get rid of a central authority, governmental control. Imagine if everyone was sitting on their BTC's and no one making a transaction in the hope of the value going up.. Would bitcoin ever reach their goal then (replacing / taking out banks)Huh

I mean if you buy a bread today for $1 and bread price drops to $0.5 tomorrow do you regret buying it yesterday (since you could have bought 2 with the $1 you spent yesterday)?? And you stop buying any food until you die just because of a hope that the price will go down even more?

I really don't get your point.. BFL told you their prices in USD, the BTC amount paid was always calculated to their USD prices.