Quote from: Ytterbium on August 28, 2013, 08:32:09 PM

Quote from: Inaba on August 28, 2013, 07:52:19 PM

Really, so you're claiming that 20 * 13 = 1500? Wow...

But lets go back to the USD assessment. The only way your figures work out is if you have 100% prediction ability or you use hindsight, neither of which are considered acceptable investing methodologies.

Once again, your entire premise is flawed. If you (or anyone) were so good at predicting the bitcoin price back then, why are you not a multi-billionaire? If you knew BTC was going to go up, especially as much as it did, why were you not mortgaging the house, selling your mother and pimping out your cats and dogs to buy BTC? You'd be an @#$%@% idiot not to... yet you didn't, why?

Hindsight investing is great, except it's a bunch of shit, which is why comparing the price in BTC of anything in August 2012 to something in 2013 is a bunch of shit.

The incredible irony in that statement, is that some people did invest all the money they could, in buying BFL hardware.

You would agree that if people had perfect foresight, they would not have purchased your products, right? In fact, as I pointed out, in the summer of 2012 they would have been better off buying GPUs.

Just a reminder - I never bought anything from BFL, instead I bought a B2 Avalon unit, and that unit has (as I mentioned) already paid for itself in bitcoins. Not only that, one of the main reasons I bought it in February is because I thought you wouldn't ship for a long time, long enough for me to get my unit and start hashing away before you flooded the network.

I was right.

It's just incredible. You come on here and call everyone failures and losers with zero foresight. The reason they failed, and lost is because they trusted you.

On the other hand, I predicted you would continue to fail to deliver long past February, and I was right.

It's totally incredible. You say that the smart people are the ones who made money, because they predicted the future. Well, I predicted you would fail. And I made a lot of money because you did.

Huh, I can't seem to find my quote where I called everyone failures and losers with zero foresight, can you please point that out? You wouldn't be making things up, would you?

We're talking about 100% accurate predictions, not speculation. Get it straight and then come back and maybe we can have an adult conversation. But until then, when you start off with your entire premise being unrelated to the topic your quoting, we might as well not even have the conversation.