Now go back to december 2013 and use the data that was available at that time to make a similar forecast and see where that lands you.
The first batch of investors was temporarily saved by freebies that came at the expense of later investors. Is that a business model you think will continue, and is that what you are betting on? Because there is a word for that.
Still, you are correct its useful to go back in time. Since no one here can seem to bother looking up gigamining, bitbond, puremining, BTC-Mining, BMF or *
ANY* bitcoin mining security ever, lets instead have a look at Crytpx' own projections:
https://docs.google.com/spreadsheet/ccc?key=0AjI5bgsiFJAidFdzOTk1aXl6cS1zNG1nck5OZjRBeXc&usp=drive_web#gid=0By his estimate today's network should be at 61PH. In reality its ~90PH.
He was also expecting to mine 409.47 BTC / 36504 shares = 0.0112 BTC / share /week.
In reality he achieved 402.33 BTC / 77492 shares = 0.0051 BTC / share /week..
Good thing he is gambling with your money and not his own. I think Im going to refer to Cryptx as "Mr 50%" from now on.