Post
Topic
Board Hardware
Re: Old BFL buyers vs new asicminer prices
by
Xian01
on 29/08/2013, 17:30:32 UTC
Ask an average miner which they'd rather do:

Purchase a widget that costs 10 BTC and will generate 400 BTC, valued at $2 each or
Purchase a widget that costs 10 BTC and will generate 5 BTC, valued at $200 each

Invariably, the answer will be the second option, even though that person could have increased their BTC holdings by 40x!  Very few people want BTC for BTC sake, they want BTC for what value it provides in their local currency.  Again, you may be different, but you are in a very tiny, miniscule minority.
So you are basically saying that the vast majority of miners are complete idiots?

 Effectively, yes.

 He's also ACTUALLY said that we're all "monumental assholes", on top of the implication we are all complete idiots, so it's hard to take him as someone who has a healthy rooting in reality.