Reputational preservation is the enemy of innovation. I suspect that nonnakip and I will continue doing the best we can. If people are buying NastyFans as an investment vehicle (not proper usage) they should: understand how public auctions work, know what rights they have as a seat owner, take personal accountability for their decisions, be aware of what their exposure is, and be diversified against any risks. If people are joining NastyFans to have fun, learn, and help support a community organization to see how far we can take this experiment, I think they will end up glad to be in the club.
Couldn't agree more, and yes you guys will probably have to "endure" maintaining the openness of this very old thread actual for a very long time. I'm definitely in this for the latter. I'm not a trader, and definitely not much of a hoarder. I store whatever I can but always look for opportunity to spend coins on something new. Relatively speaking, I've probably spent more in terms of time and energy on other things. This forum. Other online channels. I could be accused of being a mere dabbler, but I'm happy to say I've learnt. And that really is my only aim. If I can play bit roles in supporting pockets within the wider Bitcoin community, that's a bonus. Good to remind that this - just like Bitcoin itself - is an experiment that is still unfolding.
The negativity that some are bringing here is clearly (to me anyway) more of a way to try to pressure Og as revenge tactic for issues external to the fanclub. Buying mining equipment, or becoming a part of a collective mining group is the same thing in that you are essentially selling your BTC for the fiat value at the time of purchase of the equipment or for the seat. The only "businesses" I've ever seen that promised a BTC investment that claimed to increase your BTC holdings were scams or ponzis that relied on some undisclosed trading method like Trendon Shaver's ponzi or the recent Bitconnect ponzi as examples. If you are bullish on bitcoin price...hold bitcoin.
Can't ask for anything less yeah? If there's something constructive coming out from the negativity, then all the better. Actually, being able to read the good and the bad helped me make my decision. You're right about holding - anyone who makes a purchase or who uses bitcoin can't look back and feel the regret of hindsight. There are times I even "regret" paying bills early, or "regret" buying a service or a product, but I remind myself of Lazslo's attitude when asked if he regretted buying pizza for all those tens of thousands of bitcoin.
