Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
kronut
on 26/11/2013, 01:18:31 UTC


What i'm curious about is what people like kronut actually do. Do they buy and hold until a specific price? Do they just watch? What is the actual thought process and the actual facts because talking is always easy, but i consider that learning never stops and i'm always open for improving stuff.

You'll see more and more new faces here that are mad that current KNC owners get first stab at buying Neptunes.

Since I am a KNC customer, I don't have to try to scare off anyone from KNC. If I want to buy a Neptune or two, I will be able to.

 They have to scare us off so some will be left for them to buy

I do own a Saturn that was upgraded to a Jupiter last week, so I am invested in this game (since gpu times even), it was a no brainer to buy the upgrade modules. I might even buy a Neptune if the numbers look good.

The thought process is fairly easy in my case, will I make more BTC by reinvesting them, or should I just hold onto my BTC? In this case, since the price went up 7-8x, I should have held my BTC.

Let's look at it from a different angle, if BTC was about $100, I would still be saying the same thing, I have not and most likely will not make back the amount of BTC that I purchased the miner with. Likewise for those who purchased with cash/CC, they would have had to make x BTC at a rate of $100 to break even. If that was the case, no one would have made their investment back in my opinion. People who paid with cash/cc just got lucky with the rise in BTC price.