I'm going to hop in too.
How's it going, me? did you finally bought that certain ASIC that you wanted so much?
if by April 2018 bitcoin has raised to $2000 and you still haven't bought it, f*uck you and me. stop spending your money on worthless things ffs.
I'm bookmarking this post, don't you dare delete it, me.
The problem with you as an individual buying an ASIC is its not cost effective right now unless you can get onto the bleeding edge of a new generation (unlikely). No matter where the bitcoin price is, there will always be bigger warriors who will dominate the hash rate. Your money is far better used to just buy actual coins, especially at the current channel-low prices.
When you factor in that your ASIC will slowly lose relevance against better machines the choice becomes even clearer.
This point drove it home for me: If every millionaire in the U.S. alone wanted to own a few bitcoins... just in case it took off... they couldn't. They would each get about 2.2 coins if *every* coin were distributed among them.
So don't bother with buying an ASIC, unless you already have a stash and have other motives besides pure profit-driven ones. As well remember to think in bits... you don't need $230 to buy a bitcoin all at once. Nothing is stopping you from setting up a Coinbase account and buying 20,000 bits a week.
Good luck.
