I probably shouldn't be counting other people's money, but since he has been bragging about it. I feel sorry for phoneix who spent about $12K(by today's btc value) for one of his nov jupiters. No wonder he is a bit quiet lately.
You sound upset.
No, just fun observation. With this btc rise i start to feel like i overpaid for upgrade modules also.
Will this ever end?
Unless you are going to buy and hold BTC with every cent you come across during every run up untill...? And no crash ever happens....
If not, you are just second guessing and most likely just sitting on cash and hardly in the game
Buying KNC miners is like storing your BTC in a bank that only lets you withdraw a certain amount per day. Helps to keep you in the game without selling everything at the first 20% jump.
These miners are the closest ones to get you back the same amount of BTC in as out as well.. even if it is 80% less the fact you are forced to hold in a massive bullrally as been a winning combination.
Actions are what matters, not hindsight
yeah even if the holding of bitcoin is a better deal no NOOB is going to dump 7k on speculation of btc he MAY buy a miner..but there is a learning curve....now with the prices today maybe more people jump in speculating then mining.but the folks mining got their order in the summer (mine was july 1st) to get the miner 1 month ago...so yeah in the future I may just buy BTC instead but most folks may still get into BTC to mine 1st ..then they will drift to just buying BTC as a mixture...this is just human nature imho....till they (noobs) get their bitcoin legs and look around at other options then mining
