Unless price of BTC doubles in short order after halving (
http://www.bitcoinblockhalf.com/ ) of Block rewards early adopters are screwing themselves paying these initial asking prices for S9.
Curious to see what the S9 will be selling for in August.
No technically everyone who buys this is screwing themselves, even if BTC price doubles. I think the doubling will happen (well 400>800) but the point is you'd be better off buying 3.4BTC and HODL rather than spend 3.4BTC to make 2.9BTC back in the future!
so buy and hold..
I did both I am holding coins . I am buying s-9's.
I will let you know which does better.
and once again all buy and hold predictions are wrong if this happens below.
Nov 05 2014 39,603,666,252 10.05% 283,494,086 GH/s coin price was 368
Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s coin price was 295
so buying an sp20 on nov 5 2014 mining it for just under 1 year
vs buying a few coins on nov 5 2014 holding it for just under 1 year