Right.  "Engineer" and "stupid" are also not mutually exclusive.  Though when it comes to engineering, I'd be more tempted to listen to an engineer over a ditch digger.  Bigoted me

Horribly faulty logic.  BTC may be "even stronger," but its exchange rate is lower than it once was.  If the exchange rate continues on its downward trend, it's smart to sell, regardless of Bitcoin's eventual success.

The useful and prescriptive indicator being opinions of the ignorant?


Because many Bitcoiners consider it a store of value?

Dat hindsight...

You're either saying that the market is inherently irrational, thus immune to rational analysis (by definition), or?
I'd rather know what the ignorant sheeple will do, not what some hypothetical rational actor should do.  The first influences the market, and helps me trade, the second?  Not so much

That's because disruptive technology--old-fashioned economic modeling is obsolete

FTFY.  Yours is good too, though.

Simpler than a stewed turnip!

So...  You don't have an answer and just wanted to shitpost?

*
Since I don't see the CC charges (those being included in retail prices), I should see a pretty substantial discount when I pay with BTC.  How much, do you suppose?

What are you talking about?  What do you mean by "unsafe"?!

And privacy?  We're talking about PayPal vs. CC here.  I'd suggest you don't buy underage hookers or blow with either.  Jeesh.

Only if you're Rube Goldberg.  Otherwise no.

Havelock.  How broke are you?

^Everything keeps going over my head lately--I thought you were being sarcastic  Sorry about the digs.
*If the corporate press releases are to be trusted, there's plenty of stuff in the pipeline, and plenty of VC money...

^Lolno.  Of course ASIC manufacturers aren't shuttering--not with all that VC cheddar up for grabs!  And they're gamblers, just like you.  They, and the VC money behind them, are betting on BTC price going up.  
...the only difference being they have a bit more control than you do.  Price spikes?  In-stock gear vanishes, pre-order shipments get delayed, factory-farms ramp up, difficulty spikes until your gear is unprofitable again and then ...and then you get your gear.
*Was a bit creepy, but also sorta' edifying to watch small-time miners (like you?) funding aspiring ASIC manufacturers--and making themselves obsolete in the process.
Because tragedy of the commons.
Because greed.



A fraction of KNC's farms.

There is always a way to make money through theft.  This is not a Bitcoin phenomenon.

The hashrate is growing because ASIC manufacturers have to unload their miners, which have been in the pipeline for quite a while--since they began designing the chips, which translates to ~8 months on the average.
If you are an ASIC manufacturer, you have two options:

  1.  Eat NRE, pay someone to grind up your stock of chips and haul it away. <==Not smart.
  2.  Sell chips at a loss, partially recoup your investment. <==Pick this if you're smart.
  
If you are a miner, and ordered shit from an ASIC manufacturer months ago, you have two options:

  1.  Sign for the package, walk to the nearest trash can, throw it away. <==Not smart.
  2.  Fire up your miner, and keep mining until it costs more in electricity to mine one coin than the coin's worth.  You won't "ROI," but you'll lose less than with (1). <==Pick this if you're smart.

Re. "keeping mined bitcoin off the market":  Mined bitcoin is no different from any other bitcoin because fungibility.  It makes no more sense to keep mined bitcoin off the market than keeping hoarded bitcoin off the market.

Any of this help?

Edit:
This.

^
Either SamboNZ is the dumbest guy on Earth, or he played you.  Next time, listen to "trolls."