5 years ? in this type of business ? While the price is smaller than the price on cex.io at least you can trade the Gh when a more profitable solution appears on the market. Paying for a 5 year contract is crazy and seems to be designed to attract noobs.
The time you buy the hashes is 5-years and it is the cheapest hashes on net. Nothing to do with n00b attraction, just to sell cheap hashes for everyone wanting to cloudhash instead of own hardware. You get yours after every week's sunday.
Since we're living in fantasy land, cryptsy's are 'lifetime', 'lifetime' > 5 years