Quote from: kfactor on December 29, 2020, 10:16:19 PM

Quote from: Searing on October 25, 2020, 04:12:31 PM

Ack! That surely beats me at my October 18th, 2013 KNC Jupiter Bitcoin Miner, with again, so on that day, I looked at $150 usd per Bitcoin! (I sat on my hands and did zip and waited for a miners from BFL ...which never came...but did get a 'fluke' refund from BFL more than 1 year later a week before SEC closed them down. DUMB LUCK rules ..I was such a clueless newbie! so giving up on BFL I finally got the above KNC miner...But again, sitting on hands from April 13, 2013 or 3 days before the Wall Observer thread started on here on April 13th, 2013 and the price of BTC on the 1st post on WO was..Ack! $67.43! I was distraut in thatI 'obviously' peaked at the $150 I mined that 1st day...surely, the price had to go down right? In that I missed the boat from April 13th, 2013?

Ah, my 'clueless' newbie youth....what a noob I was!

I sure hope the next 7 years is at least this rosey for Bitcoin/Crypto!

https://i.imgur.com/Px5bq7M.png

@Searing, if memory serves there was a pre-order issue / scandal with KNC, no? Was it the Jupiter or other model?

I received a Jalapeno so was not affected by BFL, but I did get sucked into the Black Arrow pre-order scam in 2014 I guess it was.

I pre-ordered a KNC Neptune BTC miner...but they kept stalling and stalling...so I swapped for a KNC Titan Scrypt Miner when offered...glad I did in that they did not get the

Neptune's out from their announce/buy-in November 2013 until 0ctber 2013 ..so a year for most. They won a court case that proved that KNC was running them all Summer

before shipping them..;.indeed back that year KNC had a lot of BTC hash...but when sued ...everyone lost because...KNC suddenly said everyone was a business under

Swedish law...so EU consumer protections did not apply to such and a mess 100's of people lost the case. A buddy and I got a default of 2 after the loss on eBay for

probably 1/2 of what a new OEM one was going for..still sealed in the box..by some corporation...I think they just told someone sells them on eBay ASAP and he never

priced them correctly..we were lucky....also the folk that lost the case paid $5k to lawyers upfront in the USA and it was $5k to like I think it was $7.5K on top of that

because losing the case you paid the winner...so that was PER unit...I told people that Sweden was not gonna throw out this loophole of law for 'business use' out

the door to save a bunch of hobby miners...it was there for years for a reason to get around EU consumer protection..but no one listened...also the KNC Neptune

you could have gotten a full refund...the KNC titan you could not...I missed that so my tagline here was for the next year 'frigging never to ROI KNC5th grade science project

FU KNC or some such. I think they lost the court case in 2015 and soon after KNC at $350 BTC decided that BTC was not going any place...and stuck their big-money backers

with the bankruptcy and walked with the BTC...(a lot of them were former bankers) So I've outlasted KNC dumbasses tossed away billions by running out on BTC too early

ah ..such a clueless newbie I was back in the day, I have no balls at all now to them olden days of 7 years ago, etc, etc Sad

Brad