BTC's price up or down does not affect a company's profit calculated with BTC itself.
This is a red herring, the only way this statement makes any sense is if one intended to use bitcoin as the only (or at least the primary) form of payment AND that there were a sufficient number of people who also lived off of bitcoin. And I mean LIVE off of bitcoin, you know, they work at a job that pays in bitcoin, pay their taxes with bitcoin, buy groceries with bitcoin and gasoline, movie tickets, cough syrup, toilette paper.... etc...
The fiat value of bitcoin is the ONLY reason that ANYONE (mostly) mines for bitcoin at all, so you statement is baseless. Therefore, I disagree about the price up or down not being relevant. If I buy mining equipment for $9,500 and the value of 1 BTC is worth $10 with the same difficulty level as is today, I would be insane to think that it was worth it.
To illustrate see this calculation. Now, if the value of bitcoin were to rise to $250 for 1 BTC then
this calculation shows the difference. You can't tell me, in all honesty, that this has no bearing on whether or not people mine bitcoin, which is the ultimate implication of your statement.
So the only one diversity you proposed does not work at all.
I think that you misunderstand the remark and I understand why, I did not place it well. The context makes it seem as though I was saying that I thought promoting bitcoin was some kind of diversification of business. I think if you revisit the comment and strip away the immediate context you would understand that I was saying that I want to promote bitcoin so that more people adopted it. If more people adopted it then the value would naturally rise, that would increase the fiat value for EVERYONE who holds bitcoin. Until (or unless) bitcoin becomes the global (or at least a national) currency, this is a valid way to increase ones holdings. It is offered as more of a support for the value of the investments rather than a profit earning ploy. Considering this information, your relevant statement is also baseless.
Now it is very clear that you don't have any clearly defined business plan at all except mining.
It would be more accurate to say that I do not have a clearly WRITTEN business plan and I addressed this in my previous post. I can understand your point and your frustration sense you are unable to read the thoughts in my head, so you can only rely on the information I have already released and can only ask me for better or further explanation. I know this is an issue and I am trying to address it, but, as I have stated it is not my strength and it is somewhat of a struggle for me. I am simply not a linear thinker, I am a multi-linear thinker and it is hard to reign it all in.
It is fine to be passionate, but one should really be careful if others' investments are involved. You have to clearly present what's the potential gain and risk.
Agreed. Keep in mind that a potential thing is not a guaranteed thing and the ultimate risk of ANY kind of venture is total failure. I think that you want specific numbers, that's something that I have been working on, yet any specific numbers I could provide would only be an evaluation of speculation. That being said, having specific numbers would help substantiate any claims as being at least reasonably possible, so I will continue to work on getting that out to everyone.
Being over optimistic to oneself is fine, but being over optimistic to others is not far from fraud.
That is not a clearly logical progression, it is an emotional statement meant to invoke a cautious response in others. That is not to say that I do not appreciate and understand why you would wish to express such emotional woes. But I must admit it is rather hurtful when people say such things with absolutely no grounds, but then again, I suppose that sense I have not released any comprehensive documentation, I should expect this type of response from some individuals. So the hurtfulness I feel is tempered with a good dose of empathy.
I hope that you can tell that I am not so unreasonable and that I can balance my understanding of both sides of the issues. I hold no resentment towards anyone.
BTW, the house in your photo is very risky to be used as a machine room. You need to pay a lot of attention in fire-proofing.
Ah, now your showing your soft side. Your actually trying to be helpful. Thanks for the heads-up!