Whats with all these people buying November Jupiters, I hope you are not buying with btc.
Greed. People see some mad rise in the price of something, then they jump on there hoping the same will happen to them.
Common sense and a look at the past 6 months prices would tell you that the price trebled and it's unlikely to stay there.
We all hope it does, or rises more even. To ganble it would be sensible to know WHY the price rose, and estimate when a large number of people might bail and cash their profits in.
Buying a rig now, just before 2 major producers are likely to ship and a few months before KNC are due to release gen 2, to me looks fucking insane. Look at the effect of the 1st KNC batch...for a few weeks we've got a respite from the other producers and KNC then a shitstorm of high powered rigs will make this last diff increase cycle look like a ripple. Then all you need to add to your hurt pie is a correction in BTC price and you couldn't have done a dafter thing...and it will all have been led by greed imagining great profits.
Personally I'm hoping the BTC price stays somewhere close to 250, and that will save my late delivered rig from making a loss which looked very likely...maybe. Without this rise in BTC where would we all be now as far as wanting to order another rig, or breaking even? Screwed is where.
The main difference between attitudes to KNC here (Pheonix and me for example) is that some got their rig on time as promised, and others didn't and suffered a large rise in difficulty as a result as well as losing hashing time. Promises were broken, 15th Oct came and went despite them LYING about being on track, delivering stuff they weren't, altering the status etc. We all knew the possible risks and production problems they may face, we accepted those when we ordered. We also accepted that we'd probably have to update firmwaRE ETC. If you don't have a machine and are told wither lies or not told anything at all. (I have practically heard nothing from KNC directly in all this tiime. ..no updates, almost all info I got came from here ..so I wonder how customers who aren't on this forum managed? KNC aren't big on communication are they after all? ).
I find all this "we're busy" stuff pathetic. KNC sshould have planned and made sure they had enough manpower from the get-go like any other company has to. It's basic. Not having time to post on their own forum? I'd laugh if that weren't such a sad excuse. If YOU ran this company do you think you couldn't spare an hour a day, or hire a person to cover thee role of web support over FB twitter and forums? They can spare people to travel the world promoting that fucking documentary after all. Those people seem to have had an unrealistic delivery of an on schedule rig too which makes that film pointless and fake. In the real world on bitcoin they'd'be a very skinny couple now, having gone without money waiting for delivery for 2 weeks at least.
Good luck if you buy a Nov rig now, hopefully the price will save you. Personally I think a fool and his money are soon parted like granny used to say. IF you must take that risk, I hope waiting for gen2 wins out as far as risk is concerned and you give yoursrelf a getter chance.
? what is that like what a Jupiter would have mined 1 month ago..sure you MIGHT make ROI but I mean really 6K for FEB? at 2TH?
