Bitcoin Forum

Economy => Service Discussion => Topic started by: alani123 on September 23, 2015, 03:52:49 AM



Title: Is anyone pre-ordering 21 Inc's device?
Post by: alani123 on September 23, 2015, 03:52:49 AM
I was expecting something better to be honest. It's still not clear what this machine will be able to do other than mining, their FAQ says it's for devs to learn and develop and sell digital goods, but develop what, sell what digital goods and to whom? In what platform? There's just too much uncertainty at this point. I'd avoid putting a pre-order until someone else has done so and put a review out there after getting the machine. By the way, all this madness on Reddit seems unjustified. It's almost like someone is trying to manipulate the vote  system in order to promote it.  ::)

Here's a funny article btw:

For just $400 you can have this Raspberry Pi – and MINE BITCOIN
Burning dinosaurs for fun and profit
http://www.theregister.co.uk/2015/09/22/for_just_400_you_can_have_this_raspberry_pi_and_mine_bitcoin/


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: Xian01 on September 23, 2015, 04:28:38 AM
No. It doesn't make any sense buying that product for $400.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: dropt on September 23, 2015, 04:30:06 AM
If it doesn't make sense to you, then it's not for you.  Also, didn't 21 say that they haven't even shown off their software yet?  Let's not be hasty.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: alani123 on September 23, 2015, 04:41:52 AM
If it doesn't make sense to you, then it's not for you.  Also, didn't 21 say that they haven't even shown off their software yet?  Let's not be hasty.

Agree, the software could be something neat but then again why wouldn't they reveal more prior to the pre-order phase? Is it because they're in fear of disappointing potential customers?


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: avatar_kiyoshi on September 23, 2015, 05:22:44 AM
This is little bit shady indeed.
also they too rambling, looks not transparent. just let's see what next. i still doubt to order this.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: jdebunt on September 23, 2015, 05:43:13 AM
Absolutely not, it's just a clone of something that already exists, unless they can convince people otherwise.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: mkc on September 23, 2015, 05:52:05 AM
Considering how hard it is to mine 1.5 btc, I have serious doubt about their product.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: jeanne0012 on September 23, 2015, 06:01:53 AM
Considering how hard it is to mine 1.5 btc, I have serious doubt about their product.
I wouldn't preorder. I will wait and see what exactly the product is.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: favdesu on September 23, 2015, 08:35:46 AM
can you pay them in bitcoin? no? that's the answer. also, I think this device is overpriced


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: sbogovac on September 23, 2015, 09:33:14 AM
Please people; DO NOT PRE-ORDER. (<- period)

As for the motivation why; just read the numerous topics on this very forum that are filled with "happy and satisfied" customers who pre-ordered stuff...  :-X


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: doublemore on September 23, 2015, 10:00:29 AM

When it becomes more clear what i can do with this item vs other options i might buy one, bit confused atm. 


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: Phildo on September 23, 2015, 12:54:21 PM
If it doesn't make sense to you, then it's not for you.  Also, didn't 21 say that they haven't even shown off their software yet?  Let's not be hasty.

That's definitely the key to major success, only catering towards super geniuses who "get" super vague techno babble that doesn't actually say anything.

Although, I guess plenty of companies have made money ripping off people that just want to seem smart by claiming to understand shit like this and buying an overpriced piece of junk.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: CryptBit on September 23, 2015, 12:54:55 PM
Count me out!  8)


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: jdebunt on September 23, 2015, 03:07:52 PM
can you pay them in bitcoin? no? that's the answer. also, I think this device is overpriced

That's the weirdest part about 21's project: it can only be bought on Amazon, who don't even accept BTC.

For a mainstream audience, this is positive. But they won't shell out $400 to get nearly nothing in return.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: isvicre on September 23, 2015, 09:24:30 PM
Considering it has undisclosed software I wouldn't buy this even for 40$. They really need to put something worthy and unique, otherwise I don't think they could sell these items in pre-order, especially with this price.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: master-P on September 23, 2015, 09:51:14 PM
Probably not going to pre-order but I am interested in acquiring one in the future. I think the concept behind it is unique. $400 for a Pi is pretty expensive but you're essentially paying for the software/development behind it.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: PCComf on September 23, 2015, 10:00:17 PM
One oddity I can't understand is why they sell a product that is supposedly designed to make it easy to accept bitcoin payments, yet they haven't figured out how to accept bitcoin payments on their own website yet. They shouldn't have announced anything until they were ready. Until they are ready everyone would be wise to not invest (pre-order). Because we all know that pre-ordering anything related to bitcoin is a crap shoot, not really a pre-order.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: LiteBit on September 23, 2015, 10:15:25 PM
can you pay them in bitcoin? no? that's the answer. also, I think this device is overpriced

That's the weirdest part about 21's project: it can only be bought on Amazon, who don't even accept BTC.

For a mainstream audience, this is positive. But they won't shell out $400 to get nearly nothing in return.

I think it's a smart business move on their end. Most people still don't know/understand bitcoin. So they pitch the "First Bitcoin Computer" to a wide audience on Amazon and make it easy to pay. I'd venture that 95% of folks that see it aren't comparing it to a Bitcoin Miner that is always associated with ROI. Most shoppers never shop for electronics with the ROI mentality.

So then it just becomes a sales pitch to the un-informed but curious shopper. And it's a good pitch for those outside the dome. Backed by respected VCs. Something that can just be plugged in and generates "money" when it's on. Brilliant!

This will sell like hotcakes and make investors loads of money. It's not geared to the 5% of us in the bitcoin dome, it's for all the other suckers buyers out there that want an easy money tree that doesn't need water. Who cares if it will never grow past a blip in the dirt.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: PCComf on September 23, 2015, 10:27:57 PM
Someone should dress up a usb block eruptor in a fancy external housing gizmo with some additional LEDs and sell it for $100 on Amazon.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: BitcoinNewsMagazine on September 23, 2015, 10:41:27 PM
can you pay them in bitcoin? no? that's the answer. also, I think this device is overpriced

That's the weirdest part about 21's project: it can only be bought on Amazon, who don't even accept BTC.

For a mainstream audience, this is positive. But they won't shell out $400 to get nearly nothing in return.

I think it's a smart business move on their end. Most people still don't know/understand bitcoin. So they pitch the "First Bitcoin Computer" to a wide audience on Amazon and make it easy to pay. I'd venture that 95% of folks that see it aren't comparing it to a Bitcoin Miner that is always associated with ROI. Most shoppers never shop for electronics with the ROI mentality.

So then it just becomes a sales pitch to the un-informed but curious shopper. And it's a good pitch for those outside the dome. Backed by respected VCs. Something that can just be plugged in and generates "money" when it's on. Brilliant!

This will sell like hotcakes and make investors loads of money. It's not geared to the 5% of us in the bitcoin dome, it's for all the other suckers buyers out there that want an easy money tree that doesn't need water. Who cares if it will never grow past a blip in the dirt.

I think you underestimate the intelligence of the potential consumer. The AntRouter R1 has a better chance of commercial success IMO ... but that one is not shipping yet either.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: alani123 on September 23, 2015, 10:41:46 PM
can you pay them in bitcoin? no? that's the answer. also, I think this device is overpriced

That's the weirdest part about 21's project: it can only be bought on Amazon, who don't even accept BTC.

For a mainstream audience, this is positive. But they won't shell out $400 to get nearly nothing in return.

Almost sounds like they're marketing to people not knowing enough about bitcoin.

I'll buy one when I can get one for $40, either secondhand, thirdhand or new.

Sounds reasonable. The price is too high plus pre-ordering doesn't sound that beneficial.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: ONLYfree on September 24, 2015, 12:17:26 AM
Can I ask how much GH it have?


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: Blazed on September 24, 2015, 12:34:46 AM
Obviously it is not made to ROI via mining. I think I will pass on this one until we know more about it. At first glance it seems pathetic for the amount of money they got, but if the software is amazing might be a great device. Time will tell...


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: worhiper_-_ on September 24, 2015, 03:27:43 PM
Can I ask how much GH it have?

We're not quite certain yet. From their FAQ, there's no clear indication. I speculate that although the chip in there is supposed to be crazily efficient it isn't very stable. Here's a quote from the FAQ:
Quote
Subject to that proviso, the 21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second.
https://www.21.co/faq/#technical-specifications


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: BTCBinary on September 24, 2015, 06:52:47 PM
I was expecting something better to be honest. It's still not clear what this machine will be able to do other than mining, their FAQ says it's for devs to learn and develop and sell digital goods, but develop what, sell what digital goods and to whom? In what platform? There's just too much uncertainty at this point. I'd avoid putting a pre-order until someone else has done so and put a review out there after getting the machine. By the way, all this madness on Reddit seems unjustified. It's almost like someone is trying to manipulate the vote  system in order to promote it.  ::)

Here's a funny article btw:

For just $400 you can have this Raspberry Pi – and MINE BITCOIN
Burning dinosaurs for fun and profit
http://www.theregister.co.uk/2015/09/22/for_just_400_you_can_have_this_raspberry_pi_and_mine_bitcoin/

I pretty much believe so. they are planing to launch them by 16th of November. at that time they will probably go exhausted.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: Blawpaw on September 24, 2015, 06:56:05 PM
I was expecting something better to be honest. It's still not clear what this machine will be able to do other than mining, their FAQ says it's for devs to learn and develop and sell digital goods, but develop what, sell what digital goods and to whom? In what platform? There's just too much uncertainty at this point. I'd avoid putting a pre-order until someone else has done so and put a review out there after getting the machine. By the way, all this madness on Reddit seems unjustified. It's almost like someone is trying to manipulate the vote  system in order to promote it.  ::)

Here's a funny article btw:

For just $400 you can have this Raspberry Pi – and MINE BITCOIN
Burning dinosaurs for fun and profit
http://www.theregister.co.uk/2015/09/22/for_just_400_you_can_have_this_raspberry_pi_and_mine_bitcoin/

I guess that developers that know what to do with it have already pre-ordered. after the equipment goes out it will all be about who knows how to work with it!


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: Xian01 on September 24, 2015, 07:37:09 PM
If it doesn't make sense to you, then it's not for you.

Convince me to spend $400 on this device.


Title: Re: Is anyone pre-ordering 21 Inc's device?
Post by: worhiper_-_ on September 24, 2015, 07:49:26 PM
Also, wasn't there evidence showing that a full node on a raspberry pi would crash often? I don't know if this device is gonna be good at one particular thing, but hosting a full node isn't going to be it.