Quote from: carnitastaco on June 24, 2013, 08:04:52 PM

Quote from: bitcoindaddy on June 24, 2013, 03:22:15 PM

I feel like a dope for paying 1.99 for several of these. Part of my "value" calculation was the ability to mine for a period of time, then resell the hardware. Now that possibility is gone.

Even your resellers are fearful of ordering another lot for fear they will be undercut again by price cuts and have a lot of unsold inventory.

In hindsight, you should have picked a reasonable price to begin with and stuck with it. There's no way I will order any more of these for fear of getting fucked again.

you feel like a dope because you WERE a dope. Not just picking on you specifically, but everyone complaining in this thread. Not shocking that people dumb enough to buy these at 2 are dumb enough to think they got screwed by a price drop...if you thought that these were a good investment at 2, then they're an even better investment at 1. If all you can think about is how much you overpaid, then maybe, just maybe, you SHOULDN'T HAVE OVERPAID.

I would encourage everyone who bought any of these to practice dollar cost averaging and buy the same number you already own to make your average unit cost 1.5btc. Then when the price drops to 0.5 in another few months do it again and they've all only cost your 1btc each =P

Seriously tho - the real value of these is in the sub half a bitcoin range. when they first released it was close to 0.4999 btc. By now it should be closer to 0.24999 btc.

So unless you're just replacing your gpu farm with chain to run asic miners on a hashrate basis - avoid these.