Quote from: dani on August 10, 2013, 08:33:00 AM

Quote from: geofflosophy on August 10, 2013, 03:38:03 AM

How in the world will HashFast or Cointerra or even BitFury's October delivery ever be profitable?

they were cheap. You had to expect a huge rise in difficulty, if you didn't, frankly: your fault.

Agreed. I never once got a calculator out but simply did the math in my head after watching a few difficulty increases and then reading the forums and seeing the TH coming. I started paying close attention around 8 mil and now we are over 37 million and climbing faster. I had predicted 60 million by September - November assuming all machines shipped and I completely stopped following in late June early July since it appeared too flakey for me. Now there are so many more options I truly dont see why anyone would get involved until it settles down.

An even bigger concern to me has been Bitcoins stale nature...I truly expected a fortune 500 to have picked them up by now. The demand has to go up before value can, otherwise I fear Ponzi.