Quote from: dentldir on June 26, 2013, 08:01:18 PM

Quote from: joeventura on June 26, 2013, 06:59:55 PM

An escrow agent on this site can get hit by a car tomorrow.
Nothing is a sure thing.
Buyers in these new ASIC miner deals need protection. That comes in the form of Paypal or Credit cards.
Everything else is a much greater risk.

In my mind:

1. Credit card
2. Paypal
3. Escrow agent
4. Bank Transfer
5. Direct BTC payment

is the order of ideal transactions from a safety perspective and if you are a new, unknown ASIC vendor (not a group buy from a known vendor) than #3 is not an option because they want the fund to fund the deal and #4 and #5 are a HUGE risk

Which leaves Credit Cards and Paypal.

I can respect that. One price for that protection is the risk of unacceptable delays.

It all boils down to your risk management strategy. Diversification with smaller position sizes is an additional approach. Especially if your risk model assumes a possible 100% loss on any position.

Ideally, I'd like to see the risk reward curve favor pure BTC.

You hit the nail right on the head sir!! You are so right!!

I have done a smaller position, a form of payment with maximum protection and I have diversified my holdings.

I have orders with all the major providers as well as mining contracts with a bunch of folks. So the bases are covered.

Your advice is what I give anyone interested in BTC mining