Quote from: jimmothy on July 06, 2014, 07:20:26 PM

So the first 10 companies to go with preorders showed the community exactly how preorders fuck over everyone involved but with spongebobtech its totally different right?

I wasn't aware that there were 10 companies that produced chips which failed. I wouldn't count 3rd party PCB developers on this because SP-Tech is directly producing the chips so they have their whole process in hand.

Second you need to look at who ran the companies that failed. BFL is run by a convicted felon, HashFail's CEO was a shady guy, BA team is unknown, Avalon is a student who got rich overnight and got blinded by his greed and Cointerra just used the US legal system to screw their customers. Have I missed any company? None of these companies are backed by 2 large VC companies who had many other successful projects so you are again comparing apples with oranges. All of the failed companies had their fail on their agenda from the start.

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ANY S1 ordered before MAY with reasonable electricity costs (~0.15/kwh) has reached a positive ROI by today.

0.25 btc per S1 is still $150 or ~$50 less than it was sold for new in april.

How many sp10 bought in april have made a positive ROI in btc?

So right now an S1 is making ~60-70$/month (and shrinking) after ROI. Great investment! The SP10s may not have reached ROI, but they will sure make more than 60$ per month after they do it which means a higher profit overall versus the S1.

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Yes the derivative is more of a game/gambling but I encourage everyone with an accurate magic crystal ball to give it a shot.

I've never invested in anything other than AM as it's the only semi-legit offering IMO (could be better of course). I did throw away some change (~0.01btc) due to the neobee failure but I didn't really think/care about that.

So your success in the derivative area isn't because you picked a good company, it's more of a gambling. You only picked 1 successful venture until now by picking AM shares. So you only risked once for the long term. I'm on my third successful pick with the SP10.

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No you paid ~$2/gh for your march order because btc was around $630 then. If next month btc is at $1000 then yes, you will have massively overpaid.
BTW about AM, the company has already ROI'd in only a month so I would say they are doing quite well.

The argument isn't valid because right now I can't repeat the same purchase that I made back in March because of the non-availability. I made the purchase then in order to get a better shipping date. I won't be able to order an SP30 next month with August delivery.

As for AM it's the same S1 situation again. You are happy with a short ROI, but right now you aren't getting anything and the bitcoin train is on fast forward. It won't take long until you will AM will be left behind.

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I'm glad you admit that looking in to the future is hard, so how can you possibly justify gambling on preorders?

The same way you justify your derivative.