Ninjastic
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Board Hardware
Re: BFL or Avalon
by
k9quaint
on 11/06/2013, 16:52:17 UTC
Quote from: wrenchmonkey on June 11, 2013, 04:49:16 PM
Quote from: k9quaint on June 11, 2013, 04:45:18 PM
Quote from: hexed on June 11, 2013, 04:41:02 PM
Quote from: k9quaint on June 11, 2013, 04:30:15 PM

There is zero speculation involved.

Absolutely wrong.  When people purchased BFL or Avalon, there was no guarantee that they would be receiving a product or when.  It was PURE speculation and a gamble as well.  People decided to take this gamble and base their purchases on speculation.  Speculation that the price would not drop, speculation that they would receive a product, and speculation that that product would be hashing the amount advertised.

Basically you are saying "never buy miners" because so far, none of them are shipping the same day.

No, I am not saying "never buy miners". I am saying that one customer gave up 200 BTC for a miner that will (probably) not earn him back that 200 BTC.
That customer will be worse off having ordered that miner. He gambled on BFL delivering and lost. Simple.

By that same argument, nobody should have bought ANYTHING with Bitcoin, as the value of their goods against bitcoin has only dropped.

Not entirely true. At this customer's time of purchase, had someone bought ASICMIner shares or Avalon batch 1 or 2, they would be better off than if they kept their BTC.