Although it was a bad call in retrospect, I considered buying BTC instead of making a Batch 1 order, back at then end of August. I would have made quite a bit of money by now.
Do any of you trade in stocks? It is completely different if you bought BTC instead in August since you probably would of sold them in Sept on a small increase, then sat on the sidelines saying ...'I should not of sold my bitcoins so early, I would have made quite a bit of money by now'
It's a lot easier when someone else holds your money hostage and then comment on what you 'would have done' which of course would be to perfectly play the market
Some one needs to sticky this quote so everyone can link back to it each time someone whines about "what I would have done."
To those that keep whining about it, everyone knows that what you "would have done" is exactly what you did, but you keep whining about how you would have done things differently if only you had known.
Guess what? We would all be multi-billionaires if we had the perfect insight you think you had. The fact that you are whining about what you would have done vs being rich proves it to be untrue. If only I had known bitcoin would be $200!
Sorry but nope. When I invest in a miner I only think in terms of BTC and care little about the exchange rate. I ask myself "will this miner generate more BTC than I could buy directly for the same cost?" and that is it. I do not factor in the future exchange rate as I do not play the market and sell/buy a predetermined % of my holdings when BTC hits certain price points as I am in it for the long haul. When I buy a miner I am in essence "cashing out" and taking a gamble with the hope that I end up with more BTC down the road. Any USD profits are considered separate from my investments in mining.
When I pre-ordered a 60GH/s BFL miner in Feb it was because I calculated that it was extremely likely that it would generate more BTC than I could have purchased directly at that time for it's cost even when factoring in delays and unexpected difficulty increases. What I did not factor in was that BFL was giving extremely misleading if not fraudulent shipping time frames and was basically overselling their pre-orders WAY WAY WAY beyond their capacity causing delays beyond anything I would have ever imagined.
So the point many people are trying to make is not that they would have made more USD by buying BTC directly instead of a BFL miner but that they would have more BTC plain and simple. The exchange rate doesn't matter and your point is moot.
/school
It's funny because you thought you were being a mighty White Knight of Pure Truth & Justice, calling out the villainous lies of evil-doers, but made a complete fool of yourself instead.
