Post
Topic
Board Hardware
Re: BFL or Avalon
by
k9quaint
on 11/06/2013, 15:52:32 UTC
Those that kept their BFL preorders, or even made new orders, look likely to come out ahead over avalon batch 3.

No! I paid nealry 200 BTC for a Single SC in June 2012. There is almost no chance to get this money back so in the end BFL was a bad investment.

Nope, their pricing was a certain amount of dollars, and there is in fact still a pretty good chance to get that amount of dollars back. It was your own choice to sell BTC for USD when BTC was low.

But he paid in BTC. So he lost BTC, regardless of what it was converted to later.
Buying BFL is really an investment in the future of Bitcoin, and the obvious comparison investment is buying Bitcoin itself.
When BTC crashed to $3, it briefly made economic sense to buy BTC instead of mine them.
That is the risk in holding a future contract, the prices could change and make it hard on you.