I was posting metaphorically, and you probably should ask Risto.
Did you know he managed to preemptively ban me on goats forum?
Topic: Just got my BFL refund in BTC, the rally can now start!!! - page 2. (Read 2253 times)
I'd say it's a mixture of luck and ignorance. You are among friends.
Speaking of friends and stuff... When and where should the first meeting of the Bitcoin Speculation Subforums take place? Once we're all filthy rich it could sound like a plan, don't you think?
I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10
I knew that mining wasn't profitable since months but I didn't ever imagine that
a 140 btc machine would have mined only less than 10% of its initial cost.
Congrats OP for being a little less dumb about your finances.
You are not new, why did you "preorder" at BFL?
You are not new, why did you "preorder" at BFL?
you mean the first order or the second? I ordered the first time just for the lulz as I just got a fat pay cheque, I converted it fast into bitcoins and ordered the ASIC in 2012. I received that ASIC in October 2013 and in the first month it mined 6 bitcoins. I was able to order the 2nd generation ASIC for the profits of the 1st generation ASIC so it felt like a good bet. I admit, I don't care much about profits and money and that's the reason why I dared to buy shit load of bitcoins when they traded at 4.5$ each. So, it's difficult to say if I'm dumb, wise or just lucky.I'd say it's a mixture of luck and ignorance. You are among friends.
Congrats OP for being a little less dumb about your finances.
You are not new, why did you "preorder" at BFL?
You are not new, why did you "preorder" at BFL?
you mean the first order or the second? I ordered the first time just for the lulz as I just got a fat pay cheque, I converted it fast into bitcoins and ordered the ASIC in 2012. I received that ASIC in October 2013 and in the first month it mined 6 bitcoins. I was able to order the 2nd generation ASIC for the profits of the 1st generation ASIC so it felt like a good bet. I admit, I don't care much about profits and money and that's the reason why I dared to buy shit load of bitcoins when they traded at 4.5$ each. So, it's difficult to say if I'm dumb, wise or just lucky.
Congrats OP for being a little less dumb about your finances.
You are not new, why did you "preorder" at BFL?
You are not new, why did you "preorder" at BFL?
Back in November 2013 Bitcoin was trading at 1200$. A couple of months ago Butterfly Labs started giving out refunds for pre-orders older than 6 months. What would be more profitable -- taking the refund now and doubling your bitcoin holdings or waiting and wishing for the Monarch to be delivered? I faced such a dilemma and finally decided to take the refund because BFL kept deleting my whiny posts in their forums which angered me. Also, even if they delivered I would have had to pay ~700 EUR for import taxes just to receive my equipment.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.
Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10
, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
Voila!!! Logic ensues in the bitcoin world at last!!!
BTW have you noticed that difficulty has stopped jumping as much as in the past?
Back in November 2013 Bitcoin was trading at 1200$. A couple of months ago Butterfly Labs started giving out refunds for pre-orders older than 6 months. What would be more profitable -- taking the refund now and doubling your bitcoin holdings or waiting and wishing for the Monarch to be delivered? I faced such a dilemma and finally decided to take the refund because BFL kept deleting my whiny posts in their forums which angered me. Also, even if they delivered I would have had to pay ~700 EUR for import taxes just to receive my equipment.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.
Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10
, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
But I want 1000$ at the end of July... Can you please wish for that?
Back in November 2013 Bitcoin was trading at 1200$. A couple of months ago Butterfly Labs started giving out refunds for pre-orders older than 6 months. What would be more profitable -- taking the refund now and doubling your bitcoin holdings or waiting and wishing for the Monarch to be delivered? I faced such a dilemma and finally decided to take the refund because BFL kept deleting my whiny posts in their forums which angered me. Also, even if they delivered I would have had to pay ~700 EUR for import taxes just to receive my equipment.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.
Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
I was secretly wishing for the next bubble not to start until I get my refund and today I got the refund, effectively turning the initial 3.4 bitcoins into 5.8. I learned it the hard way that mining is pointless because my 60 GH/s miner costed me 140 bitcoins and it only mined 10
, thus I'm pretty happy about cancelling my 2nd generation ASIC pre-order. I don't believe it would have made any profits bitcoin-wise.Having said that, my gut feeling tells me that the next rally can start now. To make this post more interesting, I predict that we will exceed 1000$ by the end of August.
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