Sadly true.

I paid 85BTC so I need to mine at least 85BTC back for break-even. it is fucking simple, isn't it?

pfuuu...seems like most are missing a tiny but very important fact when shouting at each other, which could relax the whole situation dramatically.

Please consider there are several kind of people involved.
Not all are in the same position, we all are individuals keep it in mind before starting the next fight.

1) ppl who do not care that much about ROI, some have fun mining and to be part of the cryptocoin movement
2) ppl who invested in hope they might get a good deal with up to %50 on top of investment
3) ppl who got sucked into this by their greed or where mislead by lies and dream of a lot of money

Number 1 customers stick to their order.
Number 2 is partially jumping the ship as losses seem to be way more likely than a ROI atm (may change)
Number 3 should get a refund now if not done,yet


I share both perspectives (1+2) at the same time with weighted priority based on amount spend.

I had one device for myself (canceled). I invested with the awareness of a total loss and in hope of profit.
However I still do not want to risk my money on a bet I will loose way more likely than it works out. Therefore canceled.

Then I have another one as groupbuy in place going to be shipped.
The Groupbuy was made with 'real life' friends who are all totally aware that it's high risk investment.
They know they might loose everything, but they are ok with it as they want to support the cryptocoin movement and still have somehow hope that in some years it might pay out...if not, nobody worries.  And they don't give shit about our forum talks.

---

Another aspect of this story is that we all (KnC & customers) could make profit, but currently it looks like KnC only, no?
In combination with their claim of 'under promise, over delivery' and being late on news about current state of progress, this has a very bad taste and it's not surprising that ppl jump the ship.

Honestly I'm still in hope that KnC will surprise its customers, because for some strange reason my gut tells me ppl receiving orders will be happy.
Nevertheless I've canceled my device, because there's no rational reason for me at this point in time not to do so - maybe I regret it, maybe I won't, but for sure I will decide this way again in a similar situation.

Why does everyone go on about how a bitcoin increase would help?

Think about, a bitcoin decrease could work too: you could mine $85, bitcoin drop to $1 per bitcoin, buy 85 bitcoins.

Just as reasonable as doing it by bitcoin increasing, it just takes converting to dollars and back instead of only to dollars and stopping there.

(For "just as reasonable" the reader might be well advised to read "just as unreasonable" but maybe that is a matter of taste/tastelessness.)

-MarkM-

If your return on your investment is less than what you initially invested, then you have a negative ROI.
If equal, then you reached a break-even point.
If more, then you attained a positive return on your investment.

Next time someone talks or tries to write about "not reaching ROI", stop and think. Think specifically of those yellow long bendy fruit everyone calls apples in your tribe (never mind that the rest of the world calls them bananas).

Please reread what I wrote, there was not a word wrong in it and I will keep using ROI the way I want to thank you. I get tired of you people constantly trying to correct everyone supposedly using ROI in the wrong way, when there's actually nothing wrong with it but you're just too anally retentive to see that.

I don't post very frequently on this thread, but KnC should probably come up with some news pretty quick. The FUD is getting pretty deep here on bitcointalk, and if ROI is becoming more elusive with their machines I don't they'll be able to make it any better than we will.

- 48btc

Could be worse, could be this guy
https://bt.irlbtc.com/view/292998.msg3143055#msg3143055

Some fun paying 5000$ so that drug dealers and gamblers can have a safer payment system. I'm sure most people could find better hobbies than that. Like getting drunk on a weekend and spending what's left on a pair of russian hookers. Both hobbies result in a same financial loss, but one leaves you with memories of awesomeness while the other pretty much sums up to..well..nothing.