Re: BFL MiniRig Line:Concerned

I'm very concerned and have not too much hope that any of the Minirigs will pay back. Our only chance would be a refund, maybe we should see how we can work together to get our money back?

I have a minirig order from March of 2013. They have refused my refund. I am going to pursue legal action with a very good friend who was an attorney at Federman & Sherwood for 5 years and recently took a better job. This case is exactly their bread and butter. If you have been refused a refund and are interested in your legal options, please PM me.

Thanks.

This is what I love about the instant gratification crowd... "not too much hope that any of the Minirigs will pay back" and They have refused my refund. I am going to pursue legal action.

Personally, I hope you request AND get your refunds. That way, 6 months or a year or 2 years down the road when all the bitcoins you WOULD have carefully mined and stored since the receipt of your unit become worth 10-20x what you paid for it, I can laugh at your for your shortsightedness and stupidity.

Counting a rise in exchange rate to "profit is idoitic". Couldn't he get a refund, use the cash to buy Bitcoins today and then when 6 or 2 years from now you laugh at him that the coins he could have mined are worth 10x as much he laughs and shows you he has even MORE bitcoins which have also increased 10x?

However you calling him an idiot is proof BFL will never go bankrupt.

Counting on a rise in the exchange rate is inevitable. As more and more systems come online and difficulty climbs ever higher, people are going to start realizing that selling at current prices is going to eventually stop paying for the cost of electricity. When that happens, more and more people will begin asking higher prices and refusing to sell at the piddly bids people are hoping to get cheap bitcoins with today. The people I refer to as the 'instant gratification' crowd will be selling their coins as fast as they get them, frantically thinking they must or they will lose out. The calmer heads out there will simply scoop up these coins and wait. The panic selling of mining equipment will inevitably follow as people try to get some meager return on their investment selling at lower and lower prices, thinking the game is up.

Why not get a refund and buy BTC? You're *REALLY* think the people so desperate about declining RoI will have the patience to sit on BTC? Huh

? Wow.

One last thing... *I* did not use the term idiot... you did.