Quote from: perezoso on October 30, 2013, 04:54:59 PM

Quote from: btc_uzr on October 30, 2013, 04:39:54 PM

Quote from: perezoso on October 30, 2013, 04:30:28 PM

(...)
Although it was a bad call in retrospect, I considered buying BTC instead of making a Batch 1 order, back at then end of August. I would have made quite a bit of money by now.
(...)

buying btc was always more profitable afaik
who stopped you from buying new BTC at the time you used yours for the pre-order ?

regarding the MPP, what I do not understand:
why one has to convert his fiat into btc first in order to be able to take advantage of the MPP ?
was it mentioned in any way before ?

I think the issue is that Taco didn't quite correctly restate what HF said. Not a big deal since the actual quote from HF is okay, as is the description of the MPP on HF's website.

On your point btc_usr, I didn't have BTC to pay for my order, so I did not pay in BTC. Even if I had the BTC, I doubt I would have used them to pay. I had USD and I paid in USD by bank wire. No conversion took place.

Except that for the purposes of the MPP, my USD are counted as BTC at the MtGox exchange rate offered by HF to customers paying in BTC on that day. In other words, the same as everybody else paying that day.

So, in effect, buying the HF hardware let me make an investment of USD linked to the value of BTC without the rigamarole and fees associated with first buying BTC then transferring them to HF. (And I know some won't like me saying this, but I like the potential protections (especially to a US customer) of paying in USD versus BTC.)

But, like everybody who paid in BTC, I'm screwed if the MPP fails.

I'm pretty sure this is the case now, yeah, I'm just waiting back to hear from them officially. Sorry, it was my misinterpretation.